29 June 2016
Last Thursday’s exit of Britain from the EU would reduce the bloc’s financial grants to Nigeria and to other developing countries, a lecturer at the University of Jos, Mr. Sam Goddorms has said.
He said: “With U.K. leaving the EU, most of the developmental grants being handed over to Nigeria will reduce drastically.
“Now that this seems to be playing out, U.K. will focus more on rebuilding and coping with its own challenges rather than helping other developing societies.’’
Goddorms observed that Nigeria’s exports to Europe would also suffer a setback since U.K. served as a channel to European markets.
He advised that Nigeria’s foreign policy makers need to reposition appropriately to benefit from Britain’s exit from the EU.