Pakistan exports to Nigeria hit USD150 million

Karachi: Pakistan exports to Nigeria have been put at $150million annually. Out of this, $50 million worth was exported directly to Nigeria while the remaining $100 million worth entered through neighbouring countries.

This was disclosed in Karachi at the opening ceremony of the Expo Pakistan 2011 by the Pakistan Deputy High Commissioner to Nigeria, Ahmed Ali Sirohey. Some Pakistani exporters also confirmed this, Daily Trust newspaper of Nigeria reported.

Despite the absence of official bilateral relations between Nigeria and Pakistan, Nigeria is rated as the number one partner and supporter of Pakistan pharmaceutical products and awarded the best trade promoted country through the Pakistan High Commission in Nigeria.

Kashif Unnoor, representative of Multinational Business Link (MBL) who is the major exporter of pharmaceutical products to Nigeria lauded the country for its patronage and disclosed that their business in the Nigeria is placed at $2 million.

While lamenting over the introduction of new trade policies in Nigeria, Unnoor said their export to the country is usually 6 to 7 containers in a week but has now reduced to 7 to 8 containers a month approximately $30, 000 to $100, 000 worth of goods. He said the policy of ban on some products was not favourable to the Pakistani business community.

Other exporters of Pakistan products to Nigeria include Royal Groups that export pharmaceutical products, matches and textile materials and CSH Pharma Group (PVT) Ltd.

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