British Lawyers to Practice in Nigeria Soon — UK
The United Kingdom and Nigeria are poised to ink a partnership agreement aimed at facilitating British legal practitioners to establish businesses and offer services within Nigeria.
Announced via a press release on Tuesday, the partnership between the UK and Nigeria seeks to bolster trade and investment, ushering in new opportunities for both nations.
The agreement, designed to transcend financial sectors, builds upon an already robust $7 billion partnership between the two countries, as disclosed in the press release.
According to the UK’s Department of Business and Trade, the impending pact aims to fortify collaboration between the UK and Nigeria. Dubbed The Enhanced Trade and Investment Partnership (ETIP), this marks the first time the UK is engaging in such an agreement with an African nation.
British Business and Trade Secretary, Kemi Badenoch, emphasized that the agreement would unlock myriad opportunities for Britons, underscoring Nigeria’s status as one of Africa’s fastest-growing economies.
Badenoch stated, “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.”
Moreover, the agreement entails Nigeria’s commitment to dismantling barriers that impede UK attorneys from practicing international and foreign law within the West African nation.
“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,” the release affirmed.