News

Nigeria Imports Seafood Worth of $51.6 Million from Norway

  • Nigeria Imports Seafood Worth of $51.6 Million from Norway

The Norwegian Ambassador to Nigeria, Jens-Petter Kjemprud, has said Nigeria imported $51.647 million worth of seafood from Norway.

Speaking at the Norwegian Seafood Festival in Lagos, the envoy said Nigeria import the most in Africa and stated that Norway is ready to partner Nigeria to further develop the entire seafood value chain as well as projects that will open up new markets and grow opportunities.

Kjemprud further stated that there is room to deepen trade between the two countries and increase the current volume of trade by tapping into numerous opportunities from both nations, saying there are huge benefits in doing so.

The trade volume between Nigeria and Norway currently stood at $30 billion, according to the Ambassador.

According to Kjemprud, Norway is looking to invest in Nigeria’s oil and gas sector.

As you have heard here today, we have focused a lot on the energy sector. There is technology here which is being utilised but there is a need to take it to the entire sector and for government to support it. We are one of the biggest players in global maritime activity and we have told our Nigerian partners that technology is the future and Nigeria has to be prepared for it.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

UK Tightens Grip on Apple and Google With Antitrust Investigations into iOS and Android

The UK’s Competition and Markets Authority (CMA) has launched antitrust investigations into Apple Inc. and…

10 minutes ago

Nigeria Nears 1.5 Million-Barrel OPEC+ Quota as Output Climbs Amid Security Gains

Africa’s largest crude oil producer, Nigeria, oil production is nearing its 1.5 million-barrel-per-day (bpd) quota…

1 hour ago

Oando Secures Operatorship of Angola’s Block KON 13 in Strategic Expansion Move

Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON…

3 hours ago

Pounds to Naira Black Market Exchange Rate Today, 23rd January 2025

The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial…

5 hours ago

Dollar to Naira Black Market Exchange Rate Today, 23rd January 2025

The dollar to naira exchange rate continues to be a focal point in Nigeria's financial…

5 hours ago

Transcorp Power Records N305.9bn Revenue, 165% PAT Growth in 2024

Transcorp Power Plc, a Transcorp Group power business, hit significant milestones in financial performance for…

5 hours ago