-
- The Federal Government has appealed to China to extend its recent trade tariff removal to Nigeria, as it has done for 33 other African countries.
- Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, made the appeal during a meeting with the Chinese Ambassador to Nigeria, Yu Dunhai.
- Nigeria is seeking China’s support in key sectors such as electric vehicle assembly, digital technology, renewable energy, and agriculture.
- Trade between Nigeria and China exceeded $21 billion last year, with Nigerian exports to China increasing by 25%.
- China has reaffirmed its commitment to deepening its partnership with Nigeria, describing the country as a strategic ally.
The Federal Government’s appeal is part of its efforts to promote economic diversification and industrialization under President Bola Ahmed Tinubu’s Renewed Hope Agenda. Amb. Odumegwu-Ojukwu emphasized Nigeria’s commitment to strengthening bilateral relations with China, highlighting the growing interest among Nigerian youths in learning the Chinese language.
In response, Ambassador Dunhai noted that China sees Nigeria as a great nation and a key player on the global stage, and expressed support for Nigeria’s inclusion in the G-20. He also highlighted the recently renewed $2 billion currency swap agreement, which is expected to further boost trade and investment between the two countries.
