The United Kingdom and Nigeria are set to sign a partnership agreement that will permit British legal practitioners to operate businesses and render services in Nigeria.
Persecondnews reports that the deal tagged “The Enhanced Trade and Investment Partnership (ETIP)” would be the first time the U.K. would be signing this type of deal with an African country.
According to a press release on its website on Tuesday, the partnership deal between the two countries aims to promote trade, investment, and new prospects for both countries.
It also disclosed that it was designed to extend beyond finance and build upon an already productive $7 billion partnership between both countries.
British Business and Trade Secretary, Kemi Badenoch, disclosed that the agreement would open a lot of opportunities for the Brits, as Nigeria is one of the fastest-growing economies in Africa.
She said: “This partnership with Nigeria, the UK’s first with an African country, will allow us to work together and seize the opportunities that lie ahead. Nigeria has one of the fastest-growing economies in the world.
“UK businesses have already seen huge success here, and I look forward to seeing how we continue to grow this relationship.
“It will see Nigeria commit to working towards removing barriers preventing UK lawyers from practicing international and foreign law in Nigeria, a step that could significantly increase UK legal services exports.”
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