Skip to content
August 15, 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
  • Norway and Nigeria trade volume close to $40billion, says Kjemprud
  • Business & Economy

Norway and Nigeria trade volume close to $40billion, says Kjemprud

Admin May 18, 2018

Norwegian Ambassador to Nigeria, Jen-Peter Kjemprud,

May 18, 2018

 

Norwegian Ambassador to Nigeria, Jen-Peter Kjemprud,

Norwegian Ambassador to Nigeria, Jen-Peter Kjemprud, says trade volume between Norway and Nigeria is between 30 and 40 billion dollars.

Kjemprud, in an interview with the News Agency of Nigeria (NAN) in Abuja on Friday, said the relationship between the two countries was cordial.

“The volume of trade between the two countries is so difficult to say because most of the trade is being done with multinational companies, but we estimate it to be between 30 and 40 billion dollars a year,” he said.

According to him, the relationship between Nigeria and Norway dated back to 1880s.

“Norway started to export fish to Nigeria in the 1880s and 1890; the relationship was cordial until independent.

“However, from the last ten or 20 years it has grown substantially both politically and economically.

We now have more than 50 and 60 Norwegian companies active in Nigerian oil and gas sector, sub-sea, onshore, renewable energy and some of which is expanding.

He pledged to strengthen the relationship between the two countries by attracting more investors from Norway to explore available opportunities in Nigeria.

He also said that the embassy was working closely with the Nigeria-Norwegian Chamber of Commerce to promote and expand businesses between the two countries.

According to the envoy, there are more opportunities for Nigerian to do business in Norway.

“I think in the oil sector there could be more reciprocating in investment and cooperation.

“Only this week there is going to be a huge investment contract in service sector to be signed in Nigeria with Singaporean and Norwegian Companies,” he said.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Jen-Peter Kjemprud Nigeria-Norwegian Chamber of Commerce Nigerian oil and gas sector Norway and Nigeri Norwegian Ambassador to Nigeria trade volume

Post navigation

Previous Museum Day: Stakeholders want attractive museums for tourists
Next Heavy security at Lagos APC secretariat ahead of state congress

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

NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership
  • Sports

NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership

August 15, 2026
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
Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator
  • National News

Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator

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