UK's decision to pull out of the EU 'to impact negatively on Nigerians'

2016-06-24 13:15


Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Abuja - The decision of Britain to pull out of the European Union will undoubtedly have a negative impact on Nigerians, as the west African country is a member of the British Commonwealth, Naij reports.

Nigeria has strong economic ties with Britain. It is the second largest trading partner in Africa, behind South Africa.

Economic experts said on Friday that Brexit would have a rippling effect on countries outside of United Kingdom borders with many markets already showing losses on stock markets.

They said that UK markets were set to invariably shrink and this would impact its foreign investment policies that could see it cut back on investing on Nigerian businesses.

Prime Minister David Cameron resigned following the results Brexit votye on Thursday. The British public voted to leave the European Union. 

"I am honoured to have been prime miniter of this country for six years. I love this country and I feel honoured to have served it and I will do everything I can in future to help this country succeed," Cameron was quoted as saying. 

Read more on:    david cameron  |  uk  |  nigeria  |  west africa

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.