The trade value between Nigeria and Japan has risen to $10 billion annually. The Japanese Ambassador and permanent representative to the Economic Community of West African States (ECOWAS), Matsunaga Kazuyoshi, has commended the Nigerian Ports Authority (NPA) for facilitating the growth in the value of Nigeria–Japan trade volumes.
Kazuyoshi, who was speaking while receiving the managing director of NPA, Mohammed Bello- Koko at the Embassy of Japan in Abuja, said the visit was to discuss new vistas of investment opportunity.
Speaking on the rationale behind the visit, the Japanese ambassador noted that Nigeria has been a strategic business partner. The value of trade volume between the two countries continues to increase yearly. He promised to facilitate greater partnership between the NPA and the Japan External Trade Office (JETRO).
He also raised concerns on the continuity of business policies and trade relationships between both parties, especially as a new administration beckons in a few months.
While speaking, the NPA helmsman, Bello-Koko said, given the national exigency of strengthening the value of the Naira, the organisation is keen on growing the export value of the growth in trade figures between Nigeria and Japan. He added that, new initiatives and offerings are in place to support Nigerian exports and exporters, which we invite the global Japanese community to explore.