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Nigeria, China Bilateral Trade Volume Surpasses $28b

The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference, and shared development aspirations.

Indications to this development emerged when the Chinese Ambassador to Nigeria, Yu Dunhai paid a courtesy visit on the permanent secretary of the Ministry of Foreign Affairs, Dunoma Ahmed on Tuesday in Abuja in a meeting that reaffirmed the enduring strategic partnership between both countries.

Spokesperson to the Ministry of Foreign Affairs Abuja, Kimiebi Ebienfa, stated that the permanent secretary commended the longstanding cordial relations between Nigeria and China, noting that the bilateral relationship, built on mutual respect, non-interference, and shared development aspirations, has continued to yield tangible benefits for both nations.

He acknowledged China’s sustained support for Nigeria’s socio-economic development, particularly in infrastructure, energy, trade, and capacity building.

The Chinese Ambassador, in his remarks, highlighted the steady growth of bilateral ties, emphasising that trade volume between both countries has significantly increased, surpassing 28 billion United States dollars in recent years.

He noted that the partnership has evolved into a comprehensive strategic relationship characterized by deep political trust and mutually beneficial cooperation.

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