Skip to content
August 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Nigeria one of biggest beneficiaries of Brexit — UK envoy
  • Business & Economy

Nigeria one of biggest beneficiaries of Brexit — UK envoy

Admin September 17, 2025
evacuated

Sept. 17, 2025

British High Commissioner to Nigeria, Richard Montgomery, has said that Nigeria is one of the countries that benefited the most from Britain’s exit from the European Union (EU), better known as Brexit.

The High Commissioner stated this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

He said that UK-Nigeria trade and investment relationships are currently being built on a post-Brexit set of rules that bolster trade ties with the potential for mutual economic benefits.

Montgomery said Brexit had allowed more Nigerians to come and live, work, and study in the UK, culminating in the number of diaspora Nigerians in the UK increasing from 300,000 in 2021 to 550,000 in 2025.

“I’d say in the relations to the Nigeria-UK relationship, Nigeria has been one of the biggest beneficiaries of Brexit in terms of our visa regime, which has allowed more Nigerians to come and live and work and study in the UK.

“In 2021, we had an estimate that there were 300,000 people of Nigerian descent or nationality in the UK, a diaspora of 300,000, and now that has risen to 550,000.

“The diaspora from Nigeria has increased partly because of the post-Brexit immigration regime. So Nigeria has been a big beneficiary of Brexit,” he said.

The British envoy explained that following Britain’s exit from Europe, the UK has had realignment in its economic relationships and freedom to do trade deals with wider countries outside the EU.

“So, Brexit is something that has caused a realignment in a lot of our economic relationships and some of those may look positive and some of them may look negative.

“I think that overall, UK has a lot more, if you like, independence and freedom to do trade deals with wider countries outside EU.

“At the moment I’d say the most obvious example is that our relationship with the U.S. is particularly constructive and is leading to these massive U.S. investments in the UK because of the economic freedoms enabled by Brexit,” he said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Brexit Richard Montgomery

Post navigation

Previous Nigeria’s wasting maritime assets, by Pius Mordi
Next With AI and God, I will live for 120 years – Leo Stan Ekeh at Save-A-Life Hospital

Related Stories

Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs PIA
  • Business & Economy

NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs

August 14, 2026
Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now
  • Business & Economy

Nigeria’s Dangote refinery plans retail-focused IPO, no foreign listing for now

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

BBNaija: Kamsy loses out on N160m cash prize, evicted
  • National News

BBNaija: Kamsy loses out on N160m cash prize, evicted

August 17, 2026
Spider-Man surpasses $2bn at box office after three weekends in theatres
  • Society

Spider-Man surpasses $2bn at box office after three weekends in theatres

August 17, 2026
Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody ICPC
  • National News

Former Kaduna Gov. El-Rufai Sues ICPC, AGF for N10bn Over Denied Family Access in Custody

August 16, 2026
Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports
  • National News

Nigeria Sugar Master Plan 2.0: NSDC Secures $1B Deal and N10B Acceleration Fund to End Imports

August 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.