Nigeria-France Trade Volume Hits Nearly €5 Billion

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The trade volume between Nigeria and France has reached N1.1 trillion, the French Ambassador to Nigeria, Mr. Denys Gauer, has said. Gauer told the News Agency of Nigeria (NAN) in Abuja that Nigeria was France biggest trading partner in Africa. The envoy explained that France exports to Nigeria worth N330 billion while Nigeria’s export to France was in the region of N770 billion. “Nigeria is France biggest trading partner Africa but this is mainly because of Nigeria’s oil. The volume of our bilateral trading relations is around €5 billion. But French exports to Nigeria are only €1.5 million. That means our bilateral trade is quite unbalance and it is in favour of Nigeria because of the oil.

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July 17, 2015 |

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