ACCI Urges Nigerian Manufacturers to Leverage China Trade

Emeka Obegolu, the President of the Abuja Chamber of Commerce and Industry (ACCI), has called on Nigerian manufacturers to exploit the opportunities presented by China's zero tariff policy for African countries, which was announced on February 14, 2026, during the 39th African Union summit in Addis Ababa, Ethiopia. This policy is set to take effect on May 1, 2026, and is seen as a strategic step to promote balanced trade and economic cooperation between China and African nations.

Obegolu highlighted the potential for Nigeria to reduce its dependence on crude oil exports by developing a diversified, export-driven economy focused on agriculture and manufacturing. He identified key products with strong export potential, including cocoa, sesame seeds, cashew nuts, ginger, leather products, and textiles.

Obegolu stressed the importance of investing in agro-processing, storage facilities, logistics, and quality control to maximize these opportunities. He also urged the government to support policies that facilitate business operations and promote export financing.