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UK Introduces New Trading Rules for Developing Countries

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UK Introduces New Trading Rules for Developing Countries

By Michael Mike

The United Kingdom (UK) said it has radically simplified trading rules and cut tariffs on products from developing countries, saving businesses and consumers millions of pounds a year.

A statement on signed by the
Senior Press & Public Affairs Officer | Comms Lead, Prosperity and Economic Development, Ndidiamaka Eze said the
UK’s new post-Brexit Developing Countries Trading Scheme (DCTS) scheme has entered into force on Monday and that it covers 65 countries, including Nigeria.

The statement said the scheme removes or reduces tariffs and simplifies trading rules so that more products qualify for the scheme, making it more generous than the EU scheme the UK was previously a member of.  

Eze, in the statement, said: “The scheme will benefit developing countries looking to diversify and increase exports, driving their prosperity and creating jobs. Over time, were developing countries to increase trade with the UK under the scheme, businesses could save millions more on import costs.

“In Nigeria, over 99% of goods exported from the country will automatically be eligible for duty-free access to the UK. Nigeria will receive enhanced preferential
access for almost 3,000 products. E.g. 4.5% removed on cocoa paste, 26.5% removed on fruit juices, & 14% removed on prepared tomatoes.”

Eze disclosed that the UK’s Minister for International Trade Nigel Huddleston launched the scheme while on a visit to Ethiopia’s largest industrial business park, Bole Lemi.

Speaking at the park, Minister Huddleston, was quoted to have said:
“This DCTS scheme is a brilliant example of the UK taking advantage of its status as an independent trading nation and I am excited to see it implemented
today.

“It will create opportunities for businesses around the world, supporting livelihoods, creating jobs and diversifying local and international supply chains. It will also benefit UK businesses and consumers by lowering import costs on a whole range of products.”

The Foreign, Commonwealth and Development Office’s Minister for Development and Africa, Andrew Mitchell, was also quoted to have said that: “The UK’s new trading scheme for 65 developing countries, DCTS, shows how we can use trade to deliver development.
“It will benefit traders around the world, including women-owned businesses, which we are supporting through the UK Trade Partnership programme.”

The scheme is to benefit businesses all over the world and British companies that trade with these countries in everyday products such as bicycles and camping
gear.

Speaking on the launch, UK Deputy British High Commissioner in Lagos, Ben Llewellyn-Jones said:“Nigeria is one of the UK’s most important partners in Africa and the UK Government is committed to working with Nigerian businesses and exporters to boost trade between our two great nations. The UK’s Developing Countries Trading Scheme harnesses the power of trade to help Nigeria and other emerging economies grow and prosper.

“One major benefit of this new UK trading scheme is that it abolishes tariffs on over 3000 everyday products that Nigeria currently exports including cocoa, cotton, plantain, flowers, fertilizers, tomatoes, frozen shrimps and sesame. The overarching aim of the new scheme is to grow trade with developing countries, boosting the economy and supporting jobs in those countries, as well as in ours.”

UK Introduces New Trading Rules for Developing Countries

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Zulum Flags off Distribution of Renewed Hope Sallah Palliative

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Zulum Flags off Distribution of Renewed Hope Sallah Palliative

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has flagged off the distribution of palliatives under the Renewed Hope Initiative to vulnerable residents across the state ahead of the Eid al-Adha celebration.

The governor launched the exercise at the Conference Hall of Prime Lodge in Maiduguri.

Governor Zulum commended Nigeria’s First Lady, Senator Oluremi Tinubu, for supporting widows, orphans, internally displaced persons (IDPs), and other vulnerable groups through the Renewed Hope Initiative.

“On behalf of the Government and good people of Borno State, I sincerely appreciate Her Excellency, Senator Oluremi Tinubu, CON, First Lady of the Federal Republic of Nigeria and Founder of the Renewed Hope Initiative, for this compassionate intervention aimed at supporting vulnerable Nigerians and restoring hope to families facing economic hardship,” Zulum said.

The governor also praised the resilience and patience of the people of Borno despite years of insurgency and insecurity, reaffirming his administration’s commitment to improving the welfare of citizens through people-oriented policies and programmes.

“Despite the challenges our state has faced over the years, our people have continued to demonstrate resilience, patience, and courage. As a government, we remain committed to implementing programmes and policies that directly improve the lives of our citizens,” he stated.

Zulum noted that the distribution exercise forms part of the federal and state governments broader social support programme aimed at cushioning economic hardship and strengthening community resilience.

“The distribution exercise we are flagging off today is therefore part of our broader social support programme designed to cushion economic difficulties and strengthen community resilience. I commend members of the Distribution Committee for their efforts and urge them to ensure transparency, fairness, and accountability throughout the exercise so that the support will reach the rightful beneficiaries,” he added.

The governor urged beneficiaries to make proper use of the items distributed while also appreciating security agencies, traditional rulers, religious leaders, and development partners for their continued support towards peacebuilding and humanitarian interventions in the state.

Earlier in his remarks, Chairman of the Distribution Committee, Dr Abba Bashir Dankellori, expressed gratitude to Senator Oluremi Tinubu for the timely intervention, describing it as a relief that would enable many Muslim families to celebrate the forthcoming Sallah with ease.

“I wish to, on behalf of the committee, thank the First Lady Senator Oluremi Tinubu for the kind gesture. We also appreciate Borno State Governor, Professor Babagana Umara Zulum, for the selfless leadership, commitment and service to the people of the state,” Dankellori stated.

According to him, beneficiaries of the intervention include Qur’anic and Sangaya school teachers, as well as religious organisations that contribute to the moral upbringing of society.

Governor Zulum was accompanied to the event by the Secretary to the State Government, Bukar Tijani; Acting Chief of Staff, Dr Babagana Mustapha Malumbe; Coordinator of Renewed Hope Ambassadors, Engr Baba Bukar Gujbawu; Permanent Secretary, Government House, Barr. Mustapha Busuguma, among other top government officials.

Zulum Flags off Distribution of Renewed Hope Sallah Palliative

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Security forces Conduct Show of Force In Jos, Bukuru During Church Services

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Security forces Conduct Show of Force In Jos, Bukuru During Church Services

By: Zagazola Makama

Joint Security forced in Plateau State on Sunday conducted a joint show of force across major flashpoints within Jos metropolis and the Bukuru general area to ensure peaceful church services and strengthen public confidence.

The operation involved troops of Operation Enduring Peace, personnel of the Nigerian Air Force 551 Station, Operation Keystone, the Nigeria Security and Civil Defence Corps (NSCDC), and other security agencies.

Security sources said the exercise commenced at about 7:30 a.m. and was aimed at denying criminal elements freedom of action while providing adequate security coverage during church services.

The coordinated patrols and visibility operations covered identified vulnerable areas and strategic locations within Jos and Bukuru.

According to the sources, the operation was conducted without any security breach or incident, while religious activities across the affected areas remained peaceful.

The security agencies reaffirmed their commitment to sustaining collaborative operations aimed at maintaining law and order as well as protecting lives and property in Plateau State.

Security forces Conduct Show of Force In Jos, Bukuru During Church Services

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Teenage Sensations Rosemary, Miracle Win Gold for Nigeria, Secure World Championship Spot

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Teenage Sensations Rosemary, Miracle Win Gold for Nigeria, Secure World Championship Spot

Nigeria recorded a major triumph at the 24th CAA Senior Athletics Championship in Accra, Ghana, as teenage athletes Rosemary and Miracle delivered a stunning performance to win gold for the country in the women’s 4x100m relay event.

The young stars, both students of NTIC Secondary School, helped Team Nigeria clinch the gold medal with an impressive time of 42.94 seconds, further underlining the country’s growing strength in athletics.

Their victory also secured Nigeria a ticket to the World Championships in Gaborone, while guaranteeing qualification for the 2027 World Championship in China.

The feat was particularly remarkable for Rosemary, who was making her senior debut for Nigeria at the continental championship.

Sports enthusiasts have since praised the duo for proving that age is no barrier to excellence, with many describing their performance as a glimpse into the bright future of Nigerian athletics.

Teenage Sensations Rosemary, Miracle Win Gold for Nigeria, Secure World Championship Spot

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