Nigeria-China trade opening new doors for Nigerian businesses – Minister of Power

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The Minister of Power, Joseph Tegbe (l), and the Chinese Ambassador to Nigeria, Yu Dunhai, when the minister received the Chinese Ambassador in audience in Abuja.

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…As China, Nigeria sign Protocol on Inspection, Quarantine Requirements for Wild Aquatic Products

From Aidoghie Paulinus, Abuja

The Minister of Power, Joseph Tegbe, has said that Nigeria-China trade is opening new doors for Nigerian businesses.

Tegbe who doubles as the Director-General of the Nigeria–China Comprehensive Strategic Partnership, stated this, following his meeting with the Chinese Ambassador to Nigeria, Yu Dunhai.

Tegbe, in a post on X, said that following the signing of the Nigeria-China Aquatic Products Protocol, he called for the swift implementation to ensure that Nigerian exporters translate the landmark agreement into higher exports, increased foreign exchange earnings and jobs.

“With eligible Nigerian aquatic products now gaining zero-tariff access to China’s 1.4 billion-consumer market, the opportunity is clear: we must move quickly and seize it.

The Minister of Power, Joseph Tegbe (l), and the Chinese Ambassador to Nigeria, Yu Dunhai, when the minister received the Chinese Ambassador in audience in Abuja.

“This is what strategic partnerships should deliver markets, investment and prosperity for Nigerians,” Tegbe said.

Also speaking about the meeting, Yu, in a post on X, said: “Today, I met with H.E. Joseph Tegbe, @JosephOTegbe, Nigeria’s Minister of Power, @federal_power, and Director-General of the Nigeria–China Comprehensive Strategic Partnership.

“Under the strategic guidance of President Xi Jinping and President Bola Ahmed Tinubu, the China–Nigeria Comprehensive Strategic Partnership is entering a fast track of high-quality development, opening up new and dynamic opportunities for robust cooperation between our two countries.”

The Chinese envoy further said the power sector is vital to people’s livelihoods, a key pillar of the national economy, and an important area of China–Nigeria cooperation.

“China stands ready to work with Nigeria to strengthen strategic alignment, deepen cooperation in power infrastructure, renewable energy and other fields, fully leverage the benefits of the zero-tariff policy, and elevate China–Nigeria relations to new heights,” Yu stated.

Meanwhile, Nigeria and China have signed the Protocol on Inspection and Quarantine Requirements for Wild Aquatic Products.

The Chinese Ambassador to Nigeria, Yu Dunhai, disclosed this in a post on X.

While the Chinese envoy signed on behalf of the Government of the People’s Republic of China, the Comptroller-General of the Nigeria Agricultural Quarantine Service (NAQS), Vincent Isegbe, signed on behalf of the Federal Government of Nigeria.

The Chinese envoy said: “Today, I joined Dr. Vincent Isegbe, Comptroller-General of the Nigeria Agricultural Quarantine Service (NAQS), in Abuja to sign the Protocol on Inspection and Quarantine Requirements for Wild Aquatic Products to be Exported to China between the General Administration of Customs of China (GACC) and NAQS.”

Yu also said the signing marked an important institutional arrangement for implementing China’s zero-tariff policy for the 53 African countries with which China has diplomatic relations.

He added that the agreement provided a clear framework for the inspection and quarantine of Nigerian wild aquatic products exported to China, helping expand agricultural trade, support the development of Nigeria’s fisheries sector and boost its export earnings.

He explained that the Protocol will also inject fresh impetus into the deepening of China-Nigeria economic and trade cooperation, “bringing greater opportunities and tangible benefits to our two peoples.”

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Enugu State