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China Agrees Zero Tariff On Nigeria’s Export From May 1 - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessChina Agrees Zero Tariff On Nigeria’s Export From May 1 (8236 Views)

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China Agrees Zero Tariff On Nigeria’s Export From May 1 by Pakute(op): 7:13pm On Mar 31
Effective from May 1, 2026, there will be zero tariff on all Nigerian goods exports to China, according to the Chinese Ambassador to Nigeria, Yu Dunhai.

He broke the news in Abuja during the “Project Inception Workshop on Small Hydropower Centre in Nigeria for Sustainable Energy Access and Capacity Building in Rural Electrification.”
The ambassador recalled that the China and Nigeria signed the framework agreement on economic partnership for shared development.

The workshop was organized by the UNIDO.

His words: “Landmark projects under the banners of China investment, China construction, and China assistance, such as the Lekki Free Trade Zone, the Lekki Deep Sea Port, and the Zunguru Hydropower Station, the Federal Medical Center Abuja, so on and so forth, have provided strong support for Nigeria’s economic development and public welfare.

“Notably, on March 26th, China and Nigeria signed the framework agreement on economic partnership for shared development. So we are now working together to ensure the zero-tariff policy takes effect on May 1st.

“That means starting from May 1st of this year, all Nigeria products, 100%, will enjoy zero tariff that will be exported to China.”


He was confident that the agreement will provide a long-term stable and predictable institutional safeguard for the China- Nigeria cooperation, taking the pragmatic partnership to new heights.

China, he said, has always been a practitioner of true multi-lateralism and maintains a close partnership with UNIDO.

Dunhai recalled that over the past 55 years, Chuna economic and trade ties have deepened significantly, noting Nigeria is now one of China’s most vital economic partners in Africa.

He added that in 2025, Nigeria -China bilateral trade volume surpassed US$28 billion, nearly 10 times the level in 2005.

According to him, as the largest contributor to UNIDO’s budget, China firmly supports the organization in leveraging its multilateral platform to continuously pull high-quality resources, helping developing nations enhance their industrialization and modernization.

He said as 2026 marks the beginning of China’s 15th five-year plan, “we invite the world to share in our new development opportunities. At this new historical starting point, the embassy stands ready to work with the Nigerian government and UNIDO.”

Dunhai said China and its partnership will accelerate the implementation of the Six Points proposal for China-Africa to jointly advance modernization and attain partnership actions announced by President Xi Jinping.

On the Small Hydropower Centre, he said “We will build the small hydropower center of excellence in Nigeria to the highest standards, setting a benchmark for similar projects across Africa to better the lives of African people.”
https://thenationonlineng.net/china-agrees-zero-tariff-on-nigerias-export-from-may-1/

Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Flangelo12: 7:19pm On Mar 31
Tinubu is working .

Trump simply handed the crown 👑 to China.

Years from now, Americans would be spitting on his grave.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by talktrue1234: 8:30pm On Mar 31
Funny policy what does Nigeria have to export? Raw material for Chinese factories? Or encouraging factories facing problems in China maybe due to extra wage demand or environmental concerns to move to Nigeria and export their products to China and from there to the world?
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by kesmiraAutos: 8:30pm On Mar 31
Wake me up once implemented
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Mattswaggz: 8:31pm On Mar 31
See a foreign country trying to help Nigeria better than the vegetable at the helm of affairs......it is either Nigerians sorting themselves out or foreigners helping them out while the vegetable only show face when it's time to loot.

Anyway this deal might not be of much significance seeing Nigeria doesn't export that much to China.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by muykem: 8:32pm On Mar 31
Good news to Nigerian exporters.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Akalia(m): 8:32pm On Mar 31
America is dispensable.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by ZombieTERROR: 8:32pm On Mar 31
Flangelo12:
Tinubu is working .

Trump simply handed the crown 👑 to China.

Years from now, Americans would be spitting on his grave.
Go to plateau and say this
let's see what becomes of you

What has Tinubu got to do with this
we know the people that trade with China
and what china gains from such transactions
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by NwaNimo1(m): 8:32pm On Mar 31
Wonderful......Trump, take note!

Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Flangelo12: 8:33pm On Mar 31
ZombieTERROR:
Go to plateau and say this
let's see what becomes of you

What has Tinubu got to do with this
we know the people that trade with China
and what china gains from such transactions
You go to Anambra on Monday.

I want to check something.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by esnbrutality: 8:33pm On Mar 31
When Tinubu leaves the world, go to his grave, pack the sand and lick it grin

Flangelo12:
Tinubu is working .

Trump simply handed the crown 👑 to China.

Years from now, Americans would be spitting on his grave.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by jmoore(m): 8:33pm On Mar 31
How much is Nigeria exporting to China?

Reciprocity: Tinubu should make similar law and approve zero percent levy on imports from China.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Yemmyteespeed007(m): 8:34pm On Mar 31
We Will export our raw materials and pay heavily on importing finished product
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by callmetade: 8:34pm On Mar 31
No be to dey import fufu, Nigeria garri and kulikuli enter china so? And by the way if I see Chinese babe, I go like knack o
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Flangelo12: 8:34pm On Mar 31
esnbrutality:
When Tinubu leaves the world, go to his grave, pack the sand and lick it grin
E pain him popsy.

grin

xxxxxxxxxxxxxxxx
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by qleap2all(m): 8:35pm On Mar 31
talktrue1234:
Funny policy what does Nigeria have to export? Raw material for Chinese factories?
Don't you have Aba made products?
I think this is an opportunity for you are to think deep and discover what product you can galvanise for export rather than being a consumer only!
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Gotocourt: 8:36pm On Mar 31
Nigeria not ready for industrialization 😥🤷🏿.
Our Naira can never be strong and insecurity due to mining natural resources will never end😤.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by esnbrutality: 8:36pm On Mar 31
Guilty conscience.

Even China knows who they are talking to. Can you export propaganda and identity theft?

Flangelo12:
You go to Anambra on Monday.

I want to check something.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by esnbrutality: 8:37pm On Mar 31
Who dey cry..talk true grin

Just tr grin

Flangelo12:
E pain him popsy.

grin

xxxxxxxxxxxxxxxx
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by muykem: 8:37pm On Mar 31
talktrue1234:
Funny policy what does Nigeria have to export? Raw material for Chinese factories? Or encouraging factories facing problems in China maybe due to extra wage demand or environmental concerns to move to Nigeria and export their products to China and from there to the world?
You need to change your mentality if you will maximise your destiny. Do you know that Nigeria export to China in 2025 exceeded 500million dollars.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Flangelo12: 8:38pm On Mar 31
esnbrutality:
Guilty conscience.

Even China knows who they are talking to. Can you export propaganda and identity theft?
Let's go to India to find out any day of the week.

Ikenna.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by motymop: 8:38pm On Mar 31
Chinese companies in nigeria will control everything.

nigerians wont benefit
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Negroid001(m): 8:38pm On Mar 31
What does this mean?
Someone please send elaborate
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by jmoore(m): 8:38pm On Mar 31
qleap2all:
Don't you have Aba made products?
I think this is an opportunity for you are to think deep and discover what product you can galvanise for export rather than being a consumer only!
You want to beat China in cost of production?
You should be talking of products that China doesn't have advantage of.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by esnbrutality: 8:39pm On Mar 31
No Shaking Mudashiru ...I will ask Sunday igboho when he comes to UK with oduduwa flag. grin


Flangelo12:
Let's go to India to find out any day of the week.

Ikenna.
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Pythagoras001: 8:43pm On Mar 31
Not just Nigeria the whole of Africa but it does not make any difference because raw material where previously duty free and we don't produce manufactured good at a scale that would make it import competitive even with zero tariff to china
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by tctrills: 8:43pm On Mar 31
Flangelo12:
Tinubu is working .

Trump simply handed the crown 👑 to China.

Years from now, Americans would be spitting on his grave.
This really doesn't mean much. Nigeria would not gain much from this. Our major exports to China are raw materials. Again, Nigerian imports and exports don't have much impact on the global stage. Little or nothing will change
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by obembet(f): 8:43pm On Mar 31
talktrue1234:
Funny policy what does Nigeria have to export? Raw material for Chinese factories? Or encouraging factories facing problems in China maybe due to extra wage demand or environmental concerns to move to Nigeria and export their products to China and from there to the world?
Abia shoes and Anambra drugs
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by qleap2all(m): 8:43pm On Mar 31
jmoore:
You want to beat China in cost of production?
You should be talking of products that China doesn't have advantage of.
We are saying thing, this is opportunity to source for such items and make your money FoC!
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by Flangelo12: 8:44pm On Mar 31
tctrills:
This really doesn't mean much. Nigeria would not gain much from this. Our major exports to China are raw materials. Again, Nigerian imports and exports don't have much impact on the global stage. Little or nothing will change
Why is negativity the life of the average Nairalander?


Would it have been better if it was tariffed?
Re: China Agrees Zero Tariff On Nigeria’s Export From May 1 by tesseract: 8:45pm On Mar 31
What are the exact products of export quality we exporting to China?
The news here says 'All products' but from other sources it says 'Selected products'. OP correct it, China a world power will not put zero tariffs on 'All products' from any country, not possible.
These Chinese know Nigeria is one of their biggest markets, hence the over bloated policy to remove tarrifs from selected products. This pick me attitude of Nigeria is becoming disgusting, no sense of worth at all.
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