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Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

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Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

By: Michael Mike

The Republic of Korea’s ambassador to Nigeria, Kim Pankyu has disclosed that bilateral trade between Nigeria and Korea increased by 38.6 per cent in 2024, reaching over $2.2 billion.

Pankyu disclosed this in Abuja on Wednesday during a press briefing to mark the 45 years anniversary of bilateral relations between the two countries.

The envoy, who arrived Nigeria a year ago in the role, said that since his arrival, the relationship between Korea and Nigeria had grown significantly.

Pankyu, while disclosing that Nigeria is now Korea’s most important trade partner in Africa, noted that his country has not stopped working at improving trade and investment relations with Nigeria.

He said: “Nigeria remains Korea’s most important trade and investment partner in Africa and accounts for 10 percent of Korea-Africa trade and over 70 per cent of Korea’s project and contract in Africa.

“In 2024, our bilateral trade increased by 38.6 per cent, reaching over 2.2 billion USD.

He also said his country was eyeing more security collaboration with Nigeria, saying: “With 40 years of experience in military and security affairs, I am committed to enhancing our security collaboration, in particular, maritime security in the Gulf of Guinea is critical for both Nigeria and transit countries like the Republic of Korea.”

“We are committed to increasing Korea’s support for capacity building in the Nigerian military and security sectors. Additionally, we hope to finalise the defense industry cooperation’s MOUs that have been under discussions for some time.

The ambassador, while noting that his country had made several contributions to Nigeria in the past year, said such contributions demonstrate the mutual trust and friendship between Korea and Nigeria.

He assured that: “As ambassador, I will continue working to facilitate our long-standing partnership for the years ahead.”

Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

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Wife of the Vice President of Nigeria in Ethiopia

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Wife of the Vice President of Nigeria in Ethiopia

By: Our Reporter

Wife of the Vice President of Nigeria Hajiya Nana Shettima arrived Addis Ababa With Her Husband, Senator Kashim Shettima to attend the 30th General Assembly of Organization of African First Ladies For Development (OAFLAD) while The Vice President will be attending the 39th Ordinary Session of the Assembly of African Union Heads of States and Government on behalf of President Bola Ahmed Tinubu

Mrs Shettima is Representing First Lady of Nigeria Senator Oluremi Tinubu CON.
The African First Ladies are expected to Focus on internal issues and advance OAFLAD’s strategic priorities.

The 30th General Assembly’s open session under the theme “Building Resilience for Women and Girls: Climate, Conflict, and Sustainable Futures will be held on the 15th of February.

Mrs Shettima who left Abuja this afternoon for Addis Ababa the Capital of Ethiopia will participate in various meetings with African First Ladies spanning for Three Days

Wife of the Vice President of Nigeria in Ethiopia

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Vice President Shettima Arrives Ethiopia Ahead Of AU Summit

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Vice President Shettima Arrives Ethiopia Ahead Of AU Summit

By: Our Reporter

The Vice President, Senator Kashim Shettima, has arrived in Addis Ababa, Ethiopia, to represent President Bola Ahmed Tinubu at the 39th Ordinary Session of the Assembly of African Union (AU) Heads of State and Government, as well as the 30th General Assembly, scheduled to hold on February 14 and 15, 2026, respectively.

The Vice President was received at the Bole International Airport by the Ethiopian Minister of Innovation and Technology, Dr. Belete Mola, alongside the Ethiopian State Minister of Foreign Affairs, Amb. Berhanu tsegaye; Nigeria’s Minister of Foreign Affairs, Amb. Yussuf Tuggar; Permanent Secretary in the Ministry, Amb. Dunoma Ahmed; Chargé d’Affaires, Embassy of Nigeria, Ethiopia, Amb. Nasiru Aminu; Head of Consular and Ambassador-Designate, Amb. Geoffrey Chima and other government officials.

On arrival, the Nigerian Minister of Foreign Affairs, Amb. Tuggar, debriefed the Vice President on his itinerary at the Summit.

This year’s AU summit, with the theme, “Assuring Sustainable Water Availability and Safe Sanitation Systems to Achieve the Goals of Agenda 2063,” will focus on advancing continental commitments toward sustainable water management, improved sanitation systems, and the broader development aspirations encapsulated in the AU’s Agenda 2063 framework.

Besides the Heads of State meetings, Senator Shettima will participate in high-level side events, and bilateral engagements with political and business leaders aimed at strengthening Nigeria’s diplomatic, economic, and strategic partnerships across the continent.

Speaking with journalists after debriefing the Vice President, Amb. Tuggar said the launch of the Regional Partnership for Democracy (RPD) is a strategic move to consolidate and strengthen the democratic culture in Africa.

On the gains of the summit, the Minister noted that the country was already taking in the benefits of her participation, with the confirmati on of Nigeria as the host of the African Monetary Institute and the African Central Bank as well as its nomination to the board of the bank.

Vice President Shettima Arrives Ethiopia Ahead Of AU Summit

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VP Shettima Departs Abuja to Represent President Tinubu at the 2026 African Union Summit

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VP Shettima Departs Abuja to Represent President Tinubu at the 2026 African Union Summit

By: Our Reporter

The Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima, has departed Abuja for Addis Ababa, Ethiopia, to represent President Bola Ahmed Tinubu at the 2026 African Union (AU) Summit.

The Summit, themed “Assuring Sustainable Water Availability and Safe Sanitation Systems to Achieve the Goals of Agenda 2063,” will focus on advancing continental commitments toward sustainable water management, improved sanitation systems, and the broader development aspirations encapsulated in the AU’s Agenda 2063 framework.

While in Addis Ababa, the Vice President will join other African leaders at the 39th Ordinary Session of the Assembly of AU Heads of State and Government, as well as the 30th General Assembly, scheduled to hold on February 14 and 15, 2026, respectively.

On the margins of the Summit, Senator Shettima will participate in high-level side events and hold bilateral engagements with political and business leaders aimed at strengthening Nigeria’s diplomatic, economic, and strategic partnerships across the continent.

The Vice President is accompanied by cabinet ministers and other senior government officials. He is expected to return to Nigeria at the conclusion of his official engagements in Addis Ababa.

VP Shettima Departs Abuja to Represent President Tinubu at the 2026 African Union Summit

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