China Moves to Fast-Track Zero-Tariff Access for Nigerian Exports

China has announced plans to accelerate zero-tariff access for a range of Nigerian goods, aiming to strengthen trade ties between the two countries, according to Nigeria’s Ministry of Trade and Investment. The move comes amid growing calls for African nations to secure more favorable terms in bilateral trade agreements.

The initiative will initially cover agricultural products, textiles, and selected manufactured goods. Officials said the program is expected to enhance Nigeria’s export competitiveness and boost foreign exchange earnings, according to Business Insider Africa.

Trade Minister Olusegun Aganga highlighted the potential benefits, noting, “Fast-tracking zero-tariff access will provide our local businesses with greater opportunities in one of the world’s largest markets.” Nigerian exporters, particularly in agribusiness, welcomed the plan, signaling optimism about increased market access.

Analysts say the step could also support broader African trade integration objectives, with Nigeria positioning itself as a leading export hub on the continent. Figures from the National Bureau of Statistics indicate that Nigeria’s non-oil exports grew by 12% in the first half of 2025, suggesting that the timing of China’s policy could reinforce ongoing trade expansion.

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Subscribe

Latest Posts

Related Posts

LEAVE A REPLY

Please enter your comment!
Please enter your name here