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The Punch

Nigeria's foreign minister seeks tariff removal to balance bilateral trade with China.

Nigeria's foreign minister seeks tariff removal to balance bilateral trade with China.

Nigeria's foreign minister is seeking tariff removal from China to balance the country's trade relationship, aiming to reduce trade imbalances and encourage local refining of oil products.

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Nigeria's Foreign Minister Yusuf Tuggar has urged China to remove tariffs on Nigerian goods as part of efforts to rebalance the country's trade relationship with the Asian giant. The minister emphasized the need for a more equitable trade partnership, citing the importance of promoting local refining and reducing trade imbalances between the two nations. By doing so, Nigeria aims to diversify its economy and reduce its reliance on imported goods. The move is seen as a crucial step towards strengthening the bilateral relationship and boosting economic cooperation between the two countries.

foreign minister seeks tariff removal
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