Consul-General of the People’s Republic of China in Lagos Yan Yuqing yesterday valued the bilateral trade between China and Nigeria at $15.48 billion between.
The figure covered the volume of trade between the two countries from January to July. Ms. Yuqing dropped the hint at a reception to mark three historic occasions: the 76th anniversary of the founding of the People’s Republic of China, Nigeria’s 64th independence anniversary and the Mid-Autumn Festival.
She said that the figure represented a 34.7 per cent increase compared with the same period in the previous year.
The Chinese envoy said the increase reflected the growing strength of China-Nigeria relations, describing Nigeria as China’s second-largest trading partner in Africa.
She explained that the elevation of relations between both countries to a comprehensive strategic partnership at the 2024 Forum on China-Africa Cooperation (FOCAC) summit had created broader prospects for cooperation.
The envoy explained that collaboration in infrastructure, energy resources, trade, culture, and education continued to deepen, bringing tangible benefits to citizens of both nations.
