The UK has opened its market to over 3,000 Nigerian products, allowing them to enter duty-free or at reduced tariffs under the UK’s Developing Countries Trading Scheme (DCTS).

The Director for the UK Department for Business and Trade, made the announcement in a video released by the UK in Nigeria. He described the DCTS as one of the most generous trade schemes globally, offering easier & cheaper access for Nigerian exports.

“Up to 3,000 products from Nigeria qualify for low or zero tariffs. This includes goods like cocoa & textiles,” Smithson said, adding that the UK has simplified the export process to encourage trade. He urged Nigerian businesses to seize the opportunity & explore the scheme further. “The UK is open for business with Nigeria.

Visit the DCTS website and start trading with us,” he advised. The DCTS, launched in 2023, replaced the UK’s Generalised Scheme of Preferences and aims to boost trade with over 60 developing countries by reducing trade barriers and streamlining import procedures.