Kenya–Nigeria relations

Nigeria – Kenya relations

Kenya
Nigeria

Kenya–Nigeria relations are bilateral relations between Nigeria and Kenya.

History

In 2013 Goodluck Jonathan made a highly publicised state visit to Nairobi. Uhuru Kenyatta reciprocated in 2014.

Agreements and MOUs

Kenya and Nigeria signed seven agreements that will boost bilateral and trade ties between the two countries. The agreements covered tourism, trade and investment; oil and gas, visa exemption for diplomatic passport holders; conclusion of agreements on double taxation; agriculture, livestock and fisheries; and twinning of cities.[1]

Other deals include mutual cooperation between the Foreign Service Institute of Kenya and the Foreign Service Academy of Nigeria.[2]

MoUs were also signed on cooperation in police service, five-year multiple visa for prominent businesspersons, cooperation in control of the possession trafficking in narcotics drugs and psychotropic substances.[3]

FDI

A notable number of Nigerian companies have operations in Kenya.

Trade

Kenyan exports to Nigeria fell to 33 million U.S. dollars last year from a peak of 37 million dollars in 2008, according to the Kenya National Bureau of statistics.

Similarly, imports from Nigeria declined to a mere 555,000 dollars from 1.95 million dollars over the same period.[1]

Re-exports

There are many products from Kenya in the Nigerian market. Goods such as flowers and, tea are bought from the UK. The Joint Business Council recommended that the two countries explore possibility of opening a direct channel of selling these products to Nigeria.[4]

Diplomatic missions

References

  1. 1 2 Kenya and Nigeria confirm agreements to improve trade ties. Retrieved January 8, 2015.
  2. ↑ Kenya, Nigeria sign deals to boost trade. Retrieved on January 8, 2015.
  3. ↑ Kenya, Nigeria sign trade pacts. Retrieved January 8, 2015.
  4. ↑ Kenya-Nigeria KNCCI Trade Mission Delegation Press Release KNCCI. Retrieved January 7, 2015.
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