Bilateral trade between Nigeria and China surged to $15.48 billion between January and July 2025, representing a 34.7 per cent year-on-year increase, the Consul-General of the People’s Republic of China in Lagos, Ms. Yan Yuqing, has disclosed.
Yuqing made the announcement on Sunday during a reception in Lagos marking China’s 76th National Day, Nigeria’s 64th Independence anniversary, and the Mid-Autumn Festival.
She noted that the growth underscores the rising strength of relations between both countries, with Nigeria maintaining its position as China’s second-largest trading partner in Africa.
According to her, the elevation of bilateral ties to a comprehensive strategic partnership at the 2024 Forum on China-Africa Cooperation (FOCAC) Summit has opened wider prospects for cooperation across infrastructure, energy, trade, culture, and education.
“From January to July 2025, bilateral trade reached $15.483 billion, marking a 34.7 per cent year-on-year increase,” Yuqing said. “Cooperation in infrastructure, investment, energy resources, culture, and education continues to deepen, bringing tangible benefits to both peoples.”
She stressed that China’s economy has remained resilient despite global headwinds, recording 5.3 per cent GDP growth in the first half of 2025 while consolidating its global leadership in innovation.
Yuqing also praised the Chinese community in Nigeria for contributing to local development, cultural exchange, and philanthropy, urging them to remain “bridge-builders” in strengthening bilateral ties.
“China-Nigeria relations are at their best in history, with profound prospects for cooperation,” she added, assuring that the Chinese Consulate in Lagos would continue to safeguard the welfare of Chinese nationals and support stronger bilateral economic cooperation.
