The Bangladesh High Commissioner to Nigeria, Mr. Masudur Rahman, has announced that bilateral trade between Bangladesh and Nigeria has surpassed $100 million, marking a significant increase from $50 million in recent years.
Rahman made this statement on Wednesday in Abuja during a reception marking Bangladesh’s 54th Independence and National Day celebration.
Strengthening Economic Ties
The High Commissioner highlighted the growing interest of businesses and entrepreneurs from both nations in forming mutually beneficial partnerships. He noted that collaborations have expanded across key sectors, including:
✅ ICT and digital technology
✅ Agriculture and agribusiness
✅ Knitwear and textiles
✅ Government-to-state trade
✅ Defense and diplomatic training through university partnerships
“Bangladesh has deep roots in Africa, especially in Nigeria. Our people share common aspirations,” Rahman stated.
He also revealed plans to expand engagement in the blue economy, further strengthening trade and investment ties between both nations.
Shared Values and Future Prospects
Rahman emphasized that Bangladesh and Nigeria share common values, including:
📌 A commitment to equality and inclusivity
📌 A vision for a society free from exploitation
📌 The importance of leveraging demographic diversity and bridging the digital divide
He reaffirmed Bangladesh’s commitment to fostering sustainable economic growth and deepening bilateral relations with Nigeria.
Nigeria’s Response
Speaking on behalf of Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, Amb. Wahab Akande, Chief of Protocol, extended congratulations to Bangladesh on its Independence Day anniversary.
Akande recalled the longstanding diplomatic ties between Nigeria and Bangladesh, dating back to 1976, and praised the continuous cordial relationship between the two nations.
“Nigeria and Bangladesh have collaborated on strengthening trade and economic cooperation, and we look forward to deeper engagements in the future,” Akande stated.
Looking Ahead
With trade between Bangladesh and Nigeria surpassing $100 million, both nations are set to enhance their partnerships across various sectors, driving economic growth, job creation, and investment opportunities.
