Nigeria has not struck a comprehensive trade deal with the United States because the government is prioritising consultation over quick retaliation.
This was according to Tochukwu Nwachukwu, a special adviser to the Nigerian Minister for Trade, Industry and Investment, Jumoke Oduwole. Nwachukwu, who was representing the federal minister at a roundtable in Lagos. The roundtable was organised by the Nigerian American Chamber of Commerce (NACC) in collaboration with the Nigerian Export Promotion Council (NEPC).
Speaking during the panel session at the roundtable, he noted that the government decided against taking “knee-jerk” or retaliatory steps after Washington imposed tariffs on some Nigerian goods. Instead, the approach was to be “responsive, not reactive.”