Nigeria, Spain trade hits 7.6bn Euros

Map of Nigeria used to illustrate the story
Map of Nigeria used to illustrate the story

The volume of trade between Nigeria and Spain increased to 7.8 billion Euro in 2013 from 7 billion Euro in 2012, the Spanish Ambassador to Nigeria, Alfonso Barnuevo, has said.

Mr. Barnuevo said this on Thursday in Abuja at a media briefing on the upcoming ninth Spanish Cultural week.

“We are one of the best clients of Nigeria and 90 per cent of the gas used in Spain come from Nigeria and 30 per cent of the oil used in Spain come from your country (Nigeria).

“Increasingly there are more Spanish companies interested in Nigeria in the fields of engineering, construction, oil sector and food.

“I am sure the presence of these companies would be consolidated in the years to come,’’ he said.

Mr. Barnuevo said Spain, the world’s 13th largest economy and E.U’s fifth biggest economy in terms of Gross Domestic Product (GDP), was the third largest EU trading partner to Nigeria in the past three years.

He described the economic change that had occurred in Spain in the last 30 years as enormous.

According to him, in the 1980s, Spain was a donor-dependent country, but today it is the 6th largest donor to the UN system.

He said between 2004 and 2011, Spain committed 500 million dollars to promote gender equality, water and conflict resolution around the world through multilateral development organisations.

The Cultural Adviser, Spanish Embassy Abuja, Eva Barta, also said that one of the highlights of the cultural week would be the award ceremony for visual arts.

“This year we had about 80 entries and 32 have been shortlisted for the final selection and exhibition,’’ she said.

Ms. Barta said in keeping with tradition of previous years, the winner of the arts competition would receive a sponsored trip to Spain with visits to major arts sites and museums.

The prize for the runners-up and the second runners-up is a cash prize of N75, 000 and N50, 000, respectively, she said.

The Deputy Head of Mission of the embassy, Guillaume Monfort, said the week would also feature Flamenco performance by Anabel Veloso Dance Company.

The Jos Repertory Theatre will also perform a Spanish drama entitled “The Bond of Interest’’. (NAN)


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