Nigeria, Indonesia trade surpasses $3bn annually

Nigeria and Indonesia's bilateral trade has consistently exceeded $3 billion annually, with the Indonesian Ambassador to Nigeria, Bambang Suharto, confirming this at a reception in Abuja. The ambassador emphasized that the two countries represent a combined market of over 550 million people, positioning Nigeria as one of Indonesia's foremost trading partners in Africa.

Suharto highlighted the trade relationship's benefits, including Nigeria supplying an essential source of energy to Indonesia and Indonesian products becoming popular in Nigeria. He also expressed hope for further growth in the partnership, aiming to cultivate a resilient relationship that benefits both countries' businesses and people.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.