RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

China-Nigeria Collaboration Set to Showcase Nigerian Products in Chinese Markets

Victoria Attah by Victoria Attah
February 5, 2024
in Business, Economy
Reading Time: 1 min read
A A
0
China-Nigeria Collaboration Set to Showcase Nigerian Products in Chinese Markets
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Chinese Ambassador to Nigeria, Cui Jianchun, has announced plans for a robust collaboration between China and Nigeria, aiming to make Nigerian products and commodities available in Chinese markets within the next five years. This assurance was given during a temple fair organized in Abuja to celebrate the upcoming Chinese Lunar New Year, marking the Year of the Dragon in the Chinese Zodiac.

Highlighting the economic similarities and cultural ties between the two nations, Ambassador Jianchun emphasized China’s commitment to providing opportunities for Nigeria and other African countries to export their products to Chinese markets. He stated that this initiative aligns with the South-South Cooperation spirit, an integral part of the Belt and Road Initiative (BRI), designating Nigeria as a pilot country for BRI collaboration between China and Africa.

AlsoRead

Nigeria and UAE Sign Landmark Trade Deal to Eliminate Tariffs on Thousands of Products

National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout

US Records $1.45 Billion Trade Surplus with Nigeria in First 10 Months of 2025 as Exports Surge 60%

The 5GIST Nigeria-China GDP Strategy, developed over the past few years, encompasses political consonance, economic cooperation, military and security collaboration, international coordination, and people’s communication. The Ambassador emphasized the extensive cooperation between the two nations across various sectors, including infrastructure, ICT, agriculture, mining, oil and gas, insurance, banking, and industry.

Ambassador Jianchun encouraged Nigerian entrepreneurs, expressing support for more Nigerian product commodities to enter the Chinese market within the next five years, fostering innovation and strengthening economic ties.

Ja’afaru Yakubu, Chairman of the House Committee on Nigeria-China Relations, conveyed gratitude to the Chinese government for their continuous support, stating that Nigeria looks forward to hosting events like the Chinese temple fair to celebrate cultural exchange and mutual respect. He expressed hope for increased cooperation, anticipating the entry of Nigerian products into the Chinese market.

The temple fair in Abuja serves as a symbol of the growing relationship between Nigeria and China, promoting unity, friendship, and understanding through cultural celebrations.

Previous Post

Exxon Mobil Beats Estimates, Ends 2023 with a $36 Billion Profit

Next Post

Fidelity Bank Faces Potential N1.19bn Loss to Litigation in 2023

Related News

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

Nigeria and UAE Sign Landmark Trade Deal to Eliminate Tariffs on Thousands of Products

by Stephen Akudike
January 27, 2026
0

Nigeria and the United Arab Emirates have signed a Comprehensive Economic Partnership Agreement (CEPA) that removes tariffs on thousands of...

 Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%

National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout

by Victoria Attah
January 27, 2026
0

Nigeria’s electricity grid has suffered another total system collapse, marking the second major failure in 2026 and leaving the entire...

US Records $1.45 Billion Trade Surplus with Nigeria in First 10 Months of 2025 as Exports Surge 60%

by Jide Omodele
January 27, 2026
0

The United States posted a $1.45 billion goods trade surplus with Nigeria in the first ten months of 2025  a...

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Suspends Petrol Sales and Cancels Contracts as Crude Supply Issues Bite

by Stephen Akudike
January 27, 2026
0

Africa’s largest oil refinery, the Dangote Petroleum Refinery in Lekki, has temporarily halted sales of Premium Motor Spirit (PMS, commonly...

Next Post
Fidelity Bank Faces Potential N1.19bn Loss to Litigation in 2023

Fidelity Bank Faces Potential N1.19bn Loss to Litigation in 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

Nigeria and UAE Sign Landmark Trade Deal to Eliminate Tariffs on Thousands of Products

January 27, 2026
 Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%

National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout

January 27, 2026

Popular Story

  • 2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

    Nigeria and UAE Sign Landmark Trade Deal to Eliminate Tariffs on Thousands of Products

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Suspends Petrol Sales and Cancels Contracts as Crude Supply Issues Bite

    0 shares
    Share 0 Tweet 0
  • US Records $1.45 Billion Trade Surplus with Nigeria in First 10 Months of 2025 as Exports Surge 60%

    0 shares
    Share 0 Tweet 0
  • Nigeria Customs Service Surpasses N7.2 Trillion Revenue Target in 2025

    0 shares
    Share 0 Tweet 0
  • National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>