Foreign Relations Nigeria-China trade volume rises to $16bn – Ambassador

This was disclosed on Monday, April 20, 2015, by Nigeria’s Ambassador to China, Olusola Patrick Onadipe.

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Nigeria's Ambassador to China, Olusola Patrick Onadipe play

Nigeria's Ambassador to China, Olusola Patrick Onadipe

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The trade volume between Nigeria and China has risen from $3billion to $16billion within an eight year period.

This was disclosed on Monday, April 20, 2015, by Nigeria’s Ambassador to China, Olusola Patrick Onadipe.

Onadipe added that the development shows that Nigeria’s foreign policy is expanding beyond Afrocentric policy.

The ambassador spoke at the opening of a training session on Economic Diplomacy in Beijing for 30 Nigerians, which was organized by the Academy for International Business Officials (AIBO).

“Our engagement with China has recorded positive trend. The trade volume between the two nations has grown from $3billion in 2006 to $16billion in 2014,” Onadipe, who was represented by Mr. Euche Abu Obe, said.

“For many years, Nigeria favoured a foreign policy that was largely Afrocentric. This was then necessitated by the need to rid Africa of colonial rule which had been largely achieved,” he added.

“We are ready to continue to promote economic cooperation between Nigeria and many countries. We want to open our economy to others because we have huge potential. We will encourage the Nigerian Investment Promotion Council (NIPC) and the Nigerian Export Promotion Council (NEPC) to achieve this global perspective,” Onadipe said.

Also speaking the Vice President of AIBO, Zou Chuanming, said that Nigeria has had a robust diplomatic relationship with China since 1971 and that the relationship is currently being nurtured to grow stronger.

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