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Bangladesh-Nigeria Trade Hits $100m Milestone

Roland Bayode by Roland Bayode
March 29, 2025
in National
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The Bangladesh High Commissioner to Nigeria, Mr. Masudur Rahman, has announced a significant milestone in the trade relations between Bangladesh and Nigeria.

According to Rahman, bilateral trade between the two countries has grown from $50 million to over $100 million. This

development was revealed during a reception marking the 54th Independence and National Day celebration of

Bangladesh, held in Abuja on Wednesday.

Rahman highlighted the growing interest of businesses and entrepreneurs from both countries in forming mutually beneficial partnerships. The High Commissioner noted that collaborations between Bangladesh and Nigeria are

flourishing in various sectors, including ICT, agriculture, knitwear, government-to-state trade, and defense and diplomatic training through university partnerships.

Rahman emphasized the deep roots of Bangladesh in Africa, particularly in Nigeria, and the shared aspirations of the people of both countries. He also revealed plans to expand engagement in the blue economy to further deepen economic ties between the two nations.

You may also like: Nigeria’s Trade Surplus Skyrockets, Exceeds Expectations

The High Commissioner reflected on the shared values of both countries, emphasizing their mutual desire for a society based on equality and inclusivity, free from exploitation. He stressed the importance of leveraging demographic diversity, bridging the digital divide, and fostering sustainable growth for future generations.

Rahman reaffirmed Bangladesh’s commitment to further strengthening its bilateral relations with Nigeria. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, represented by Amb. Wahab Akande, Chief of Protocol, extended heartfelt congratulations to Bangladesh on its anniversary.

Akande recalled the longstanding friendship between the two nations since establishing diplomatic relations in 1976, noting the continuous cordiality in their relations. He commended the collaborative efforts of Nigeria and Bangladesh in enhancing trade and economic cooperation and expressed optimism for deeper engagements in the future.

Tags: Bangladesh-Nigeria TradeDiplomatic Relations
Roland Bayode

Roland Bayode

Roland Bayode is a Nigerian journalist with expertise in investigative reporting and editorial leadership. A graduate of Mass Communication, he served as Editor-in-Chief of Echo Media at Adekunle Ajasin University and was the top intern at Premium Times Center for Investigative Journalism (PTCIJ) at Owena Press, The Hope Newspaper in Akure. Roland has contributed to News Round the Clock, PTCIJ Google-YIAGA LightRay Media, Apex Sport (U.S.), and served as Associate Editor for Nigeria Grassroot News under AFYMP.

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