Bilateral trade between China and Nigeria has hit a new milestone, reaching $15.48 billion within the first seven months of 2025.
This was disclosed by Ms. Yan Yuqing, the Consul-General of the People’s Republic of China in Lagos, during a reception held on Sunday, September 21, 2025.
The event marked three significant occasions: the 76th anniversary of the founding of the People’s Republic of China, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival.
According to Yuqing, the $15.48 billion figure represents a 34.7 percent increase compared to the same period in 2024.
She described the rise as a clear indicator of the growing strength of China-Nigeria relations.
Nigeria, she emphasized, now stands as China’s second-largest trading partner in Africa.
Yuqing explained that the elevation of both countries’ ties to a comprehensive strategic partnership during the 2024 Forum on China-Africa Cooperation (FOCAC) had widened opportunities for collaboration.
She highlighted ongoing partnerships in infrastructure, energy, trade, culture, and education, stressing that these engagements are already delivering tangible benefits to citizens on both sides.
“Guided by the principles of mutual respect and mutual benefit, cooperation between China and Nigeria has yielded remarkable results,” she said.
“From January to July 2025, bilateral trade reached $15.483 billion, a 34.7 percent year-on-year increase.”
The Consul-General also noted that China’s economy has remained resilient despite global challenges.
She cited a 5.3 percent GDP growth in the first half of 2025, pointing out that the country continues to maintain its global leadership in innovation and technology.
She praised the Chinese community in Nigeria for their role in cultural exchanges, local development, and charitable initiatives, encouraging them to remain bridge-builders in strengthening bilateral relations.
Yuqing assured that the Consulate would continue safeguarding the welfare of Chinese nationals in Nigeria while deepening bilateral cooperation across key sectors.
“China-Nigeria relations are at their best point in history, with vast prospects for cooperation,” she declared.
“We urge overseas Chinese to uphold unity, lawful business practices, and remain vital forces in driving cooperative development.”
She added that the Consulate in Lagos would continue to provide high-quality services and assistance to address challenges faced by Chinese businesses and nationals in Nigeria.
The event also underscored the strategic role Nigeria plays in Africa-China relations, especially as both nations look to expand ties in trade, technology, and infrastructure in the coming years.
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