Baxter gave the figure while speaking on the level of trade between both countries, in an interview with the News Agency of Nigeria (NAN), in Lagos, on Thursday.
He said that the figure was 1.4billion pounds higher than what was achieved in the corresponding year before.
“The overall trade figures, that includes imports and exports is 7.6 billion pounds and of that, 4.3 billion are made up of UK products that are imported into Nigeria, and that figure has gone up a 1billion pounds, if you compare with the figure of the year before.