Nigeria, April 7 -- The Nigerian government has avoided retaliation on the 14 per cent tariffs imposed on the country's exports by US President Donald Trump. Instead, Nigeria said it would approach the World Trade Organisation (WTO) for a beneficial solution to all parties.

"In response to the recent tariff announcements, Nigeria remains actively engaged in consultations with U.S. counterparts and the WTO, approaching evolving trade dynamics with pragmatism and a commitment to mutually beneficial solutions," Trade Minister Jumoke Oduwole said in a statement.

PREMIUM TIMES reported Mr Trump's announcement of a 10 per cent tariff on exports to the US for almost all the countries of the world. He then imposed higher tariffs on 60 named cou...