shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Volume Of Trade Between China, Nigeria Reaches $19.27bn – Envoy

Volume Of Trade Between China, Nigeria Reaches $19.27bn – Envoy

by Joshua
February 29, 2020
in Uncategorized

 

Amb. ZhuoPingjian, Chinese Ambassador to Nigeria, on Friday said that the volume of trade between China and Nigeria reached 19.27 billion U.S. dollars in 2019.

Pingjian made this known in his address at the Forum on Sub-national Cooperation between Nigeria and China that held in Abuja.

He observed that this year would mark the 20th anniversary since the establishment of the Forum on China-Nigeria Cooperation (FOCAC) in 2000, as platform for dialogue and international cooperation in Africa.

According to him, as the largest developing country in the world, China takes deep pride in its ever stronger partnership with Nigeria, the largest developing country in Africa.

Pingjian said: “Since establishment of diplomatic ties in 1971 and strategic partnership in 2005, the wide ranging bilateral cooperation between China and Nigeria has been a pace-setter for China-Africa cooperation.

“Thanks to the strategic guidance and personal commitment of President Xi Jinping and President Muhammadu Buhari; China and Nigeria have significantly enhanced political trust and secured fruitful outcomes in practical cooperation.

“China-Nigeria relations are at best in history and face new opportunities of growth, in 2019 the two-way trade between them reached $19.27 around 1900 times of 1971 when diplomatic ties was established.

“The trade growth was 26. 3 per cent ranking first among China’s top 40 trading partners; China’s imports from Nigeria increased 43.1 per cent with numerous achievements made in China-Nigeria cooperation.”

He said that China’s Gross Domestic Product (GDP) stood at $14.4 trillion increasing by 6.1 per cent in 2019, adding that the country remained a major trading partner with more than 130 countries.

He described the coronavirus as the most difficult disease to contain since the founding of China, but expressed the confidence that the government would meet its economic and social development goals.

Speaking in the same vein, the Governor of Ekiti, Dr Kayode Fayemi, who is also the Chairman of Nigeria Governors Forum, commended China for its efforts at containing the spread of the epidemic.

Fayemi, represented by Alh. Abdul-Lateef Shittu, Director of Strategy and Research at the Forum, said that Chinese engagement with state and non-state actors strengthened the fight against the coronavirus.

“I will use this opportunity to invite the Ambassador of China in Nigeria to the Forum and brief the entire governors when they have their meeting, which holds once every month.

“We will also put on the agenda what you are doing, so that the states can also learn from what you are doing.

“It is heartwarming to know that you have been able to contain the epidemic.

“If you look at the mortality rate, you will observe that it has gone to down to 3.5 per cent, which is instructive when compared to other outbreaks of diseases in the past.

“The speed at which the Chinese government contained the outbreak with 36,000 people with cases of coronavirus already discharged is a mark of success,” Fayemi said.

He revealed that state governments had put measures in place across Nigeria to tackle any outbreak of disease based on the first case recorded in Lagos.

In a remark, the Deputy Governor of Plateau, Prof. SonniTyoden, said that the coronavirus was not just a Chinese or Nigerian issue, but a global problem.

“This event is apt because it coincides with the confirmation of the first coronavirus case in Nigeria.


Related Posts

Imports Hit N67.4tn As Nigeria’s Trade Surplus Crashes 121% In Q4, 2025

May 11, 2026

Why Cargo Clearance Costs Remain High At Nigerian Ports — Stakeholders     

May 11, 2026

Rail Cargo Surge at Lagos Ports, Hits 176,820 Tonnes in Q1  

May 11, 2026

Eko Bridge: FG Orders Closure Of Whole Carriageway

May 7, 2026

Discussion about this post

Latest News

Nigerian Shippers’ Council Showcases Port Regulatory Reforms at International Civil Service Conference

Nigerian Shippers’ Council Showcases Port Regulatory Reforms at International Civil Service Conference

May 28, 2026

MWUN PG, NLC Deputy President Urge Unity, Hope As Muslims Celebrate Eid Mubarak

Navy Upgrades Training And Infrastructure To Tackle Security Threats – CNS

Eid al-Adha: NIMASA DG Mobereola Urges Nigerians To Imbibe The Spirit Of Sacrifice

Navy Reiterates Commitment To Safeguarding Nigeria’s Territorial Waters

Miko Takes Over PTML Command, Pledges Integrity, Faster Trade Facilitation

IMAN Seeks Dialogue, Rejects Tariff Hike Without Stakeholder Engagement

Eid-el-Kabir: NIWA Acting MD Warns Boat Operators Against Overloading, Night Travel

Eid-El-Kabir: FG Approves 50% Fare Discount For Train Services

Ports Police Assure Tight Security at Seaports Ahead of Eid-el-Kabir

Seme Customs Generates N9.7bn, Seizes Cannabis, Contraband Worth N501m

CRFFN, MWUN Forge Strategic Partnership as Union Seek Better Welfare For Maritime Workers

kindly like our Facebook page

Health

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist
Health

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026

Herbal preparations for asthma are highly injurious to the body and can lead to death, while inhalers remain the mainstay...

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

May 4, 2026
Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

May 4, 2026
Your Stool Determines The State Of Your Health

World Liver Day 2026: Low Awareness Threatens Fight Against Liver Disease – Experts

April 27, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

April 27, 2026
WARNING: High-Salt Diet May Speed Memory Decline In Men

WARNING: High-Salt Diet May Speed Memory Decline In Men

April 20, 2026
8% Nigerians Live With Diabetes – Official

8% Nigerians Live With Diabetes – Official

April 20, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

Some Health Benefits of Tomatoes?

April 13, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

April 13, 2026
Sleep Deprivation Root Cause Of Many Disease – Says Physician

Health Benefits Of Consuming Garden Egg

March 23, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition