• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, March 14, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home World News

United Kingdom finally exits from European Union

by NewsNet Nigeria
5 years ago
in World News
United Kingdom finally exits from European Union
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

As the clocks struck midnight marking New Year’s Day in Brussels and 11 p.m. Thursday in London, the United Kingdom finally cut its ties with the European Union, almost a year after its formal departure from the 27-nation bloc.

The end of the transition period, four-and-a-half years after a majority in the UK voted to quit the European Union, is a significant moment in the nation’s history. After almost five decades as part of the bloc, the UK will now forge a separate path.

UK Prime Minister Boris Johnson said Thursday that Britain will be an “open, generous, outward-looking, internationalist and free trading” country that is “free to do things differently, and if necessary better” than the EU.

“We have our freedom in our hands and it is up to us to make the most of it,” Johnson said during his New Year’s address, just hours before the end of the transition period.

The divorce has been a painful, drawn-out process. And despite the post-Brexit trade deal agreed by the UK and EU in the closing days of the year, and voted through by British lawmakers on the eve of the December 31 deadline, much uncertainty lies ahead.

Opening the debate on the bill Wednesday, Johnson told members of Parliament that the deal would “open a new chapter” and allow the UK to take “control of our laws and our national destiny.
“This bill, it embodies our vision — shared with our European neighbours — of a new relationship between Britain and the EU as sovereign equals, joined by friendship, commerce, history, interests and values while respecting one another’s freedom of action and recognizing that we have nothing to fear if we sometimes choose to do things differently,” Johnson said.
A picture shows the signature of UK Prime Minister Boris Johnson on the Trade and Cooperation Agreement between the UK and the EU at 10 Downing Street in London on December 30.

But critics warn that the UK economy will suffer as a result of Brexit, with many businesses unprepared for the changes ahead, particularly coming as the nation staggers under the impact of the coronavirus pandemic.

Now the UK has left the single market and customs union, goods crossing the border will be subject to customs and other checks. Delays and disruption could occur as hauliers discover they lack the correct paperwork, or that new software systems collapse under pressure.
Keir Starmer, leader of the main opposition Labour Party, last week warned that “there are serious questions about the government’s preparedness for the new arrangements” after the negotiations went down to the wire.
He told Labour lawmakers to support the bill rather than risk the “devastating” consequences of the UK crashing out of the EU with no trade deal. But Starmer said the “thin agreement” reached by Johnson’s government “does not provide adequate protection for British manufacturing, our financial services, creative industries, or workplace rights.
“The EU-UK trade deal did not cover Gibraltar, the Overseas British Territory that lies on the southern tip of the Iberian peninsula.
Only hours before the transition deadline expired Thursday, Spain and the UK announced that a separate draft agreement had been reached on its post-Brexit status.
(CNN)
Previous Post

Okowa urges Deltans to approach 2021 with great optimism

Next Post

HAPPY NEW YEAR

MORE NEWS

Declared Dead, Found Alive: Nigerian Man Listed as Ukraine War Casualty Resurfaces in Captivity
World News

Declared Dead, Found Alive: Nigerian Man Listed as Ukraine War Casualty Resurfaces in Captivity

February 17, 2026
Obama Warns of Eroding Decency as Viral Claims Trigger New Trump Debate
World News

Obama Warns of Eroding Decency as Viral Claims Trigger New Trump Debate

February 15, 2026
Trump Releases Photo of Captured Maduro Aboard USS Iwo Jima
World News

Trump Releases Photo of Captured Maduro Aboard USS Iwo Jima

January 3, 2026
Canada Deports 366 Nigerians in 2025 as 974 More Await Removal Amid Enforcement Surge
World News

Canada Deports 366 Nigerians in 2025 as 974 More Await Removal Amid Enforcement Surge

January 3, 2026
Next Post
HAPPY NEW YEAR

HAPPY NEW YEAR

Leave Comment

RECENT STORIES

Senator Nwoko’s Bill for Institute of Leadership, Entrepreneurship, and Governance Scales First Reading

Senate Backs Ned Nwoko’s Motion, Orders INEC to Enforce Supreme Court Ruling on Aniocha North II

March 14, 2026
From Ballots to Godfathers: Charles Apoki to Ignite Governance Debate at 2026 Advocate Lecture in Ughelli

From Ballots to Godfathers: Charles Apoki to Ignite Governance Debate at 2026 Advocate Lecture in Ughelli

March 14, 2026
Sapele Crisis: Again, Dafinone Emerges As Resolute Voice For Urhobo Interest

Sapele Crisis: Again, Dafinone Emerges As Resolute Voice For Urhobo Interest

March 13, 2026
Hope Rises for Riverine Communities as Delta, NDDC, Chevron Revive 70km Road, 29 Bridges Project

Hope Rises for Riverine Communities as Delta, NDDC, Chevron Revive 70km Road, 29 Bridges Project

March 13, 2026
Delta State Unveils ₦400bn Mega-Road, Security Projects Across LGAs

Delta State Unveils ₦400bn Mega-Road, Security Projects Across LGAs

March 13, 2026

TRENDING STORIES

  • Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

    Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

    0 shares
    Share 0 Tweet 0
  • FPAN Picks Warri for 2026 National Conference on Fire as Experts Warn Markets Must Improve Safety

    0 shares
    Share 0 Tweet 0
  • Warri, Effurun Poised for Traffic Relief as Enerhen, DSC Flyovers Hit 99% Completion

    0 shares
    Share 0 Tweet 0
  • ₦30k–₦150k Extortion: Ughelli North Council Moves to Arrest ‘Fake DESMA Marshals’ Harassing Motorists, Keke Riders

    0 shares
    Share 0 Tweet 0
  • “Our Voice Must Sit in the Senate” — Urhobo Women Rally Behind Olorogun John Nani’s 2027 Bid

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.