Connect with us

National News

Nigeria, Japan trade volume Stands at $10billion- Japanese envoy

Published

on

Nigeria, Japan trade volume Stands at $10billion- Japanese envoy

By: Michael Mike
The Japanese Ambassador to Nigeria, Matsuyama Kazuyosh hasi said his country trade volume with Nigeria is in the region of $10 billion.

Kazuyoshi however said efforts are already in place geared towards improving the trade relations.

The envoy made the disclosure at the 64th Birthday of the Emperor of Japan, Naruhito.

He said, “Currently, Japan and Nigeria as at today have a trade volume at $10 billion.”

The envoy while insisting that it is not a good data given the potential of both countries, said there is a need to expand trade relations between both countries.

He said: “I really feel the potential of Nigeria, rich in mineral resources and also rich in the talented youth. We need to expand trade and investment to Nigeria.”

The envoy said further that Japan is looking forward to deepening the existing cooperation between both countries.

He said: “Japan looks forward to further deepening its cooperation with Nigeria, despite the various challenges we both face.

“Japan is facing unprecedented population ageing and decline and Nigeria is facing an economic crisis.

“But Japan has its advanced technology, and Nigeria has its rich human and natural resources, they complement each other.

“So together, united as one, we can become a formidable force for a better future.
Just as the Japanese people continue to “Build Back Better” after every natural disaster, each time we come together, we learn from each situation and from each other.

“In this way, we can overcome anything. Especially as 2024 is the Year of the Dragon in Japan—a symbol of courage, strength, and wisdom. With these qualities and our unwavering unity, we will triumph over any obstacle in our path.

“So here’s to another year of deepening friendship, fruitful cooperation, and shared prosperity between Japan and Nigeria.”

He also revealed that there are scholarship opportunities for Nigerians students to school in Japan.
He said there are lso exchange programmes in place .

The Ambassador said currently no fewer than 51 Japanese companies operates in Nigeria.

He said his country is working with the Nigerian government to address the challenges inhibiting Nigeria investment climate.

Accordjng to him, “So there are many challenges but now
we are working together with Nigerian government to overcome that kind of challenge to Japan and Nigeria companies.

“In many ways, Japan is rich in technology, so that technology can help Nigeria to overcome those kinds of challenges. So I think that Japan and Nigeria should be united together to overcome challenges to promote more trade and investment between Japan and Nigeria.”

On his part, the Deputy Speaker, Nigeria House of Representatives, Hon Benjamin Kalu also called for deepening of Nigeria-Japan relations.

Kalu also assured the Japanese Ambassador and investors that the National Aseembly is ready to remove any impediment in the ease of doing business in Nigeria, through the legislative instrument.

He said, “As you know, we are the home for primary products but its about time we use their technology (Japanese) to add more value to our primary product.

“Lots of resources are here Japan is blessed with technology and they have been doing well with assistance, communication, equipment and the rest of them we want them to do more.”

“Every legislative impediments that will affect investors coming into our country will be removed.

“We are willing to fine tune the laws to ensure legislative interventions that will give more confidence to invest in us.”

Nigeria, Japan trade volume Stands at $10billion- Japanese envoy

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

Published

on

Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

By: Michael Mike

The Institute for Peace and Conflict Resolution (IPCR) has called on Nigerians to strengthen unity, tolerance and peaceful coexistence as Muslims across the country celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan.

In a statement issued on Thursday in Abuja, the Director-General of the institute, Dr. Joseph Ochogwu, congratulated the Muslim Ummah in Nigeria and around the world on the successful completion of the Ramadan fast.

He said the occasion, which signifies the end of a period of fasting, reflection and spiritual devotion, provides an opportunity for citizens to renew their commitment to the values of peace, compassion and national unity.

Ochogwu urged Muslims to sustain the virtues cultivated during Ramadan—such as self-discipline, patience, charity and piety—beyond the festive period, stressing that such values are essential for building harmonious communities and strengthening the nation.

According to him, Nigerians must also rise above religious, ethnic and political differences and embrace mutual respect and peaceful coexistence as vital ingredients for national development.

“At a time when the country is confronted with complex challenges, unity of purpose and collective responsibility are crucial to overcoming divisions and building a more secure and prosperous nation,” he said.

The institute also expressed concern over recent security incidents in parts of the country, including the tragic bomb blast in Maiduguri, Borno State, which claimed several lives.

Ochogwu extended condolences to families of the victims, praying for the repose of the deceased and speedy recovery for those injured in the attack.

He reaffirmed the institute’s commitment to its mandate of promoting peacebuilding, conflict prevention and resolution across Nigeria, noting that IPCR would continue to work with government institutions, communities and other stakeholders to address the root causes of conflict.

The IPCR boss further urged citizens to remain vigilant, cooperate with security agencies and actively support peacebuilding initiatives in their communities.

“Peace is a shared responsibility, and every Nigerian has a role to play in safeguarding it,” he added.

Ochogwu also prayed that the Eid-el-Fitr celebration would usher in renewed hope, healing and unity for Nigeria while advancing peace, stability and national progress.

Eid-el-Fitr: IPCR Urges Nigerians to Embrace Unity, Peaceful Coexistence

Continue Reading

National News

VP Shettima Visits Victims Of Multiple Explosions In Maiduguri, Assures Of FG’s Tough Response To Terrorism

Published

on

VP Shettima Visits Victims Of Multiple Explosions In Maiduguri, Assures Of FG’s Tough Response To Terrorism

By: Our Reporter

The Vice President, Senator Kashim Shettima, has restated the Federal Government’s resolve to defeat terrorism, declaring that those behind recent attacks in the country will be decisively confronted.

He noted that beyond the presidential directive to security chiefs, the Federal Government was investing more in equipment and other logistics to boost the fight against terrorism across the country.

Senator Shettima spoke on Wednesday in Maiduguri when he visited victims of the bomb blast who are receiving treatment at the University of Maiduguri Teaching Hospital.

Condemning the gory multiple explosions in Maiduguri on Monday in which more than 100 people were affected by the incident, with over 20 confirmed dead, he described the perpetrators as barbaric, stressing that no cause justifies the killing of innocent people.

The Vice President said his visit was to sympathise with the injured and families affected by the tragedy, assuring of government’s support through the National Emergency Management Agency (NEMA), the North East Development Commission, and the Borno State Government.

The Vice President was accompanied by Borno State Deputy Governor Usman Kadafur; NEMA Director-General, Zubaida Umar; Chief Medical Director of the University of Maiduguri Teaching Hospital, Professor Ahmed Ahijo, and other top government officials.

VP Shettima Visits Victims Of Multiple Explosions In Maiduguri, Assures Of FG’s Tough Response To Terrorism

Continue Reading

National News

FG Declares Two-Day Public Holiday for Eid-ul-Fitr

Published

on

FG Declares Two-Day Public Holiday for Eid-ul-Fitr

By: Michael Mike

The Federal Government has declared Thursday, March 19 and Friday, March 20, 2026, as public holidays to mark this year’s Eid-ul-Fitr celebration.

The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, who congratulated Muslim faithful across the country on the successful completion of the holy month of Ramadan.

In a statement issued on Tuesday by Permanent Secretary in the Ministry of Interior, Dr. Magdalene Ajani, on behalf of the Federal Government, the minister urged Muslims to uphold the core values of love, generosity, peace, tolerance, and sacrifice, which define the Ramadan period. He emphasized the need for Nigerians to reflect on these virtues beyond the fasting season as part of efforts to build a more harmonious society.

Tunji-Ojo also called on citizens, regardless of religious affiliation, to use the festive period to pray for national peace, unity, and sustained progress, noting that collective responsibility remains key to the country’s stability.

He further encouraged Nigerians to celebrate responsibly and extend kindness to the less privileged, in line with the spirit of the season.

The declaration underscores the government’s continued commitment to promoting unity and peaceful coexistence in the country, as millions of Muslims prepare to celebrate one of the most significant festivals in the Islamic calendar.

FG Declares Two-Day Public Holiday for Eid-ul-Fitr

Continue Reading

Trending

Verified by MonsterInsights