The volume of trade between Nigeria and China surged by 34.7 per cent to $15.48bn between January and July 2025, compared to the same period in 2024, according to China’s Consul General in Lagos, Yan Yuqing.
Yuqing disclosed this during a reception in Lagos to mark China’s 76th founding anniversary, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival. She announced that Nigeria has now become China’s second-largest trading partner in Africa, attributing the growth to the elevation of bilateral relations to a comprehensive strategic partnership at the 2024 Forum on China-Africa Cooperation summit.
She highlighted that cooperation between both countries is expanding across infrastructure, energy, trade, culture, and education, delivering concrete benefits for citizens. Despite global economic headwinds, Yuqing said China’s economy remained resilient, recording a 5.3 per cent GDP growth in the first half of 2025, while maintaining global leadership in innovation.
The Consul General also commended the Chinese community in Nigeria for their role in cultural exchange, economic development, and charitable initiatives, urging them to continue acting as “bridge-builders” to deepen bilateral ties. She pledged that the Lagos Consulate would continue to safeguard the welfare of Chinese nationals and businesses, while ensuring efficient consular services.
