Nigeria is the number one importer of commercial services in Africa in 2020, data released by World Trade Organisation showed on Friday.
The Geneva-based international trade organisation ranked Nigeria 25th commercial importer in the world but the first commercial importer in Africa followed by Egypt which was ranked 28th in the world.
While Egypt and Morocco made the list of world exporters led by the United States, Nigeria was conspicuously absent in the global commercial exporters’ list.
The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.
WTO noted that preliminary estimates were based on quarterly statistics.
“Figures for a number of countries and territories have been estimated by the Secretariat,” it said.
“Data for 2020 are not yet available for the United Arab Emirates. In 2019, commercial services exports were valued at US$72 billion and imports at US$73 billion.”
Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, is the first African and first female director-general in the 26-year history of the WTO

NIGERIA IS A THIEF OF AFRICA.

SHE IMPORTS FULANI ARABS FROM NIGER MALI SUDAN, CHAD ETCETERA REPUBLICS

CREATE SAMBISA FORESTS EVERYWHERE IN NIGERIA FOR THESE FULANIS/ARABS/INVADERS/MACBAN/IMPORTS

AND PRODUCE NAIRA, N60BILLIONS NOTES IN THE FIRST INSTANCE, AND NINs, PRIVATELY TO ACCOMMODATE THEM,

BUHARI IS PROJECTING 400 MILLIONS NIGERIANS BY THE YEAR 2023.

WHAT DOES NIGERIA EXPORT?

Huge trade deficit... We can go no where with this over dependence on oil, and importations rather local manufacturing

so what are we drinking
palm wine hero or stout