- Trade volume exceeds $20b: The trade volume between Nigeria and China surpassed $20 billion in 2024.
- Nigeria’s significance in China’s trade: Nigeria is China’s largest engineering contract partner, second-largest export market, and third-largest trade partner in Africa.
- Comprehensive strategic partnership: The relationship between Nigeria and China has been elevated to a comprehensive strategic partnership.
- Cultural and economic collaboration: The two nations aim to strengthen bilateral ties through cultural and people-to-people exchanges, as well as economic collaborations.
The trade volume between Nigeria and China has surpassed $20 billion in 2024, solidifying Nigeria’s position as China’s largest engineering contract partner, second-largest export market, and third-largest trade partner in Africa. This significant milestone was announced by Chinese Ambassador to Nigeria, Yu Dunhai, during the 2025 Chinese Lunar New Year celebration at the Chinese Cultural Centre in Abuja .
Ambassador Yu expressed optimism about future collaborations, citing Nigeria’s immense potential. The two nations have recently elevated their relationship to a comprehensive strategic partnership, following President Xi Jinping’s state visit to Nigeria. This partnership is expected to strengthen bilateral ties through cultural and people-to-people exchanges.
The Permanent Secretary of the Federal Ministry of Arts, Culture, Tourism, and Creative Economy, Oraeluno Obi Raphael, praised the growing economic and cultural partnership between Nigeria and China, highlighting China’s impactful contributions to Nigeria’s cultural and tourism sectors.