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UK Launches DCTS in Nigeria to Improve Trading

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UK Launches DCTS in Nigeria to Improve Trading

By Our Reporter

The United Kingdom (UK) Government has launched the Developing Countries Trading Scheme (DCTS) in Nigeria, which offers one of the most generous sets of trading preferences in the world and demonstrates it’s commitment to building long term, mutually beneficial relationships with countries like Nigeria.

A statement on Wednesday revealed that the launch took place at the Eko Hotel in Lagos, and that the DCTS will come into force in the Spring of 2023, replacing the UK’s Generalised Scheme of Preferences.

According to the statement, the DCTS benefits 65 countries, 37 of which are African, and will mean that Nigeria benefits from duty free trade on over 9200 products., noting that this is significantly more generous than both the EU’s GSP scheme and the US’ AGOA scheme and, based on current trade volumes, would mean that 99% of goods exports to the UK are duty free.

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 free and fair trade with developing countries, boosting the economy and supporting jobs in those countries, as well as in ours.”

The statement revealed that this work is part of a wider push by the UK to drive a free trade, pro-growth agenda across the globe, using trade to drive prosperity and help eradicate poverty.

Key aspects of the DCTS, according to the statement include, dramatically cutting tariffs for Nigeria so that 3000 new products are duty free for the first time. The average existing tariff on these goods is 7% meaning these changes make Nigerian exports more competitive in the UK.

“Many tariff reductions are on value added goods such as processed sesame oil, cotton clothing and cocoa butter and paste and complement existing duty free trade on raw products.

“Making it simpler for Nigeria to get and retain these enhanced tariffs by removing the need for Nigeria to ratify and implement certain international conventions. At the same time, the basis for potential suspension from the scheme has been broadened to include environmental as well as human right and labour rights considerations.

“Making rules of origin more generous for Nigeria’s least developed country neighbours to make it easier for them to use components from Nigeria in their duty free exports to the UK

“Ensuring that goods which are genuinely competitive from countries like India and Indonesia do not get preferential tariffs, protecting the preferences of Nigerian businesses in key sectors such as leather goods and textiles.

The statement revealed that a number of key products have been identified which Nigeria already exports to the world but not the UK include cocoa, cotton, fertilizers, flowers, frozen shrimp/prawns, petrochemicals, plantain, sesame and tomatoes, which tariffs have been either reduced or removed.

UK Launches DCTS in Nigeria to Improve Trading

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One killed, another injured as gunmen invade Gari Village in Niger State

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One killed, another injured as gunmen invade Gari Village in Niger State

By: Zagazola Makama

Armed men have attacked Gari Village in Masamagu area of Niger State, killing one person and abducting another in a violent incident that occurred on Wednesday night.

Zagazola Makama gathered that the attack happened at about 9:30 p.m. on July 24, when six unidentified gunmen stormed the community and macheted a 55-year-old man, Umaru Zakiru, to death.

They also abducted one Hussaini Muhammed to an unknown destination, but the victim later escaped from captivity with a gunshot wound.

A tram of security forces responded promptly and evacuated both the deceased and the injured to the General Hospital in Kontagora for autopsy and medical treatment.

A manhunt has been launched to track down the assailants and bring them to justice.

One killed, another injured as gunmen invade Gari Village in Niger State

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Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

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Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

By: Michael Mike

President Bola Tinubu on Friday assured Nigerians in Diaspora of his administration’s determination to continue to provide the enabling environment and policies that will boost their active participation in the country’s governance.

Tinubu gave the assurance at the opening of the National Diaspora Day celebrations 2025 at the Banquet Hall, Presidential Villa, Abuja.

This year’s celebration is themed: “Optimizing formidable Diaspora Potentials for National Development and growth”.

The President, who was represented by the Secretary to the Government of the Federation, Senator George Akume, said: “We will continue to provide an enabling platform for effective policies for the Diaspora with the view to galvanizing your support for this administration and concretizing our democracy, optimizing your potentials and setting a good example for other African countries to emulate.

“Let me also state that we will look into the Challenges NiDCOM has enumerated with a view to ameliorating same so that we can harvest maximally the benefits of migration through the engagements with our Diaspora for national development and growth.”

He added that: “It is a great delight to address our over 20 million Nigerians in the diaspora on this auspicious occasion of the celebration of our National Diaspora Day 2025.”

“Only Nigerians both at home and abroad can develop Nigeria,” Tinubu stated.

The President highlighted the contributions of the diaspora, which include increasing remittances, pointing out that in 2024 alone, “Nigerians abroad sent home $20.9 billion through official channels—more than four times the value of the country’s foreign direct investment.

He said: “The Nigerians in the diaspora are also actively investing in our health care, agriculture, education, information, communication technology, housing and real estate, sports, transportation, oil and gas, and other sectors.

“This, I must say, is commendable and in our enlightened self-interest.”

The President stressed how highly the government rates the Nigerians in diaspora, saying “Our renewed hope for foreign policy recognises the diaspora as the fourth pillar for the agenda—namely democracy, demography, development, and diaspora.

In his goodwill message, the minister of Interior, Dr. Olubunmi Tunji-Ojo said:
“When you go to any part of the world, maybe in Asia, Africa, South America, you will see Nigerians excelling. Nigerians breaking barriers. Nigerians breaking ceilings. And Nigerians using ceilings as springboards to greatness.”

The Minister highlighted the economic potential of diaspora remittances—comparing Nigeria’s $21bn in 2024 remittances to $32.91bn in oil earnings and India’s $135.46bn diaspora inflows.

He said: “What does that tell you? It tells you that the power of economic emancipation, a lot of this resides within you, beyond your own imagination,” he said.

The minister also explained that the administration is laying the foundation for long-term national prosperity—even if short-term sacrifices are required.

“You cannot cure a tumor by virtue of a paracetamol. It is important that the Renewed Hope agenda of Mr. President came into being. And today, we can see the results. We can see the economic stability of this country,” he said.

Tunji-Ojo also spoke on the reforms in his ministry which include immigration and the protection of critical national infrastructure.

He therefore called on the diaspora community to trust in the country’s direction under President Tinubu’s leadership.

“Nigeria has never been ready for investment more than now. We are ready for investment.

“I assure you, under the leadership of this President, you will never regret your investment. Nigeria loves you. Nigeria cares about you. And this particular administration cares about you,” he said.

Earlier, in her remark, Chairman of the Nigerians in Diaspora Commission, Dr. Abike Dabiri-Erewa, said “The theme is apt to appreciate the efforts of both the government and the diaspora community in nation building and also to discuss how to make diaspora engagements better for national development.”

She emphasised the role of Nigerians in diaspora in the country’s development.

Dabiri-Erewa announced a proposed Diaspora Presidential Fellowship Programme. The initiative would allow professionals in the diaspora to take part in six-month sabbaticals in Nigeria, aimed at promoting knowledge transfer and innovation across sectors.

“It will strengthen their role in nation-building and serve as a knowledge-driven giveback to the fatherland,” she added.

Highlights of the event was the unveiling of a new Diaspora Home and Abroad Housing Platform, aimed at providing secure housing opportunities for diaspora Nigerians seeking to invest back home.

Tinubu Assures Nigerians in Diaspora of Favourable Policies Towards Them

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Nasarawa: Security operatives arrest six over kidnapping, rape and robbery in Doma

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Nasarawa: Security operatives arrest six over kidnapping, rape and robbery in Doma

By: Zagazola Makama

Security operatives in Nasarawa State have arrested six suspected members of a notorious armed robbery and kidnapping gang responsible for a series of violent crimes in Yelwa Ediya village, Doma Local Government Area.

The suspects, identified as Darda’u Shehu, Yunusa Malami Hashimu, Musa Abubakar, Ibrahim Musa, Mohammed Musa, and Jibrin Lafia, were apprehended during a coordinated raid based on actionable intelligence from a concerned resident.

During interrogation, the suspects reportedly confessed to their involvement in the kidnapping of a local councillor, Hon. Ari Muhammad, on May 26, 2025. They further disclosed that one of their members, Darda’u Shehu, raped the councillor’s wife, Talatu Ari, during the abduction and stole two mobile phones an Infinix Note 30 valued at ₦250,000 and a Tecno phone valued at ₦20,000.

The gang also confessed to mounting a roadblock along the Doma–Yelwa Road on July 19, where they attacked one Ibrahim Haruna and snatched his Bajaj motorcycle worth ₦970,000.

Recovered from the suspects were ₦100,000 in cash and one Bajaj motorcycle believed to have been taken from one of their victims.

The suspects also named their gang leaders as Bammi Alhaji Amme (alias Zomo) and one Lawali (surname unknown), who are currently on the run.

Efforts are ongoing to apprehend the remaining members of the gang and bring them to justice.
End

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