Connect with us

Business

UK Grants Duty-Free Access To Over 3,000 Nigerian Products

Published

on

at

The United Kingdom has opened its doors wider to Nigerian goods, granting duty-free or reduced tariff access to more than 3,000 products—including cocoa, cashews, textiles, sesame oil, plantain, and yam. This was announced by Mark Smithson, Country Director for the UK Department for Business and Trade in Nigeria.

The Country Director for the UK Department for Business and Trade, Mark Smithson, announced this move, which is part of the UK’s Developing Countries Trading Scheme (DCTS), in a recent video released by the UK in Nigeria.

“Up to 3,000 products from Nigeria qualify for low tariff or no tariff access to the UK through the Developing Countries Scheme, one of the most generous trading schemes in the world,” Smithson said.

He further noted that the UK has simplified the process for Nigerian exporters by making it easier to trade a variety of goods, including cocoa and textiles, among others.

“The UK is open and looking to do business with Nigeria. So why don’t you go to the website and find out more about the Developing Countries Trading Scheme and begin to trade with us?”

The DCTS, which was introduced in 2023, replaced the UK’s previous Generalised Scheme of Preferences. It is designed to cut tariffs and simplify trading rules for over 60 developing countries, including Nigeria.


© 2025 Naija News, a division of Polance Media Inc. Contact us via [email protected]
Advertisement
Page was generated in 3.4838740825653