RT.com
22 Oct 2025, 20:03 GMT+10
Abuja is pursuing strategic autonomy with a diverse set of trade partners, its foreign minister has said
Nigeria is less affected by US tariffs compared to other countries due to its diversified trade strategy, the West African country's foreign minister, Yusuf Tuggar, has told Reuters. He urged wealthy nations to engage Africa with "mutual respect" instead of a "Minecraft approach."
Tuggar made the remarks in an interview on the sidelines of the Reuters NEXT Gulf summit in the UAE's capital, Abu Dhabi, on Wednesday.
"Sometimes it's like the game Minecraft: There's oil, there's gas, there's critical minerals, rare earths. We put a bit of this, we invest in this. No, that's not the way it goes," Tuggar said, according to the outlet.
In July, Washington announced "reciprocal" tariffs on multiple trading partners, including African countries, a measure President Donald Trump has claimed is required to offset years of unsustainable trade deficits against the US. South Africa, whose second-largest bilateral trading partner is the US, washitwith a 30% tariff and has since been negotiating a "fair" deal with the Trump administration.
For Nigeria, the rate is 15%, and Foreign Minister Tuggar has previously said Washington is using visa restrictions and tariff hikes to pressure African countries to host third-country migrants expelled from the US. Abuja has insisted Africa's most populous nation has its own challenges and will not yield to accept foreign deportees, despite some neighbors doing so under deals with Washington.
"We are a very large country of 230 million people, so we have a huge internal market. That also means we have a larger talent pool than other countries," Tuggar reportedly said on Wednesday.
According to the diplomat, the Nigerian government is not focused on any single "axis" and is instead pursuing "strategic autonomy... especially in a multipolar world."
"Our relationships are not based on ideological considerations, they're based on interests, beginning with our national interest. So we trade with the US, we trade with China, we trade with Brazil, we trade with India," the minister noted.
China remains Nigeria's largest trading partner, with the US in fifth place in 2024, according to data from the National Bureau of Statistics.
(RT.com)
Get a daily dose of Chile Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chile Sun.
More InformationLIMA, Peru: At least one person was killed and dozens of police officers were injured during large protests in Peru on the night of...
GENEVA, Switzerland: The level of carbon dioxide in Earth's atmosphere has reached its highest point in recorded history, accelerating...
(251022) -- QUEZON CITY, Oct. 22, 2025 (Xinhua) -- Rachel Chang of Cuba presents a creation during the Miss Earth 2025 Philippine Terno...
The National Liberation Army (ELN) has said its rules forbid trafficking narcotics Colombia's largest rebel group, the National Liberation...
New York [US], October 22 (ANI): India's Permanent Mission to the United Nations shared how the India-UN Development Partnership Fund...
(Photo credit: Kirby Lee-Imagn Images) The NFL is seeking to add two more international games to the 2026 schedule that would bring...
GENEVA, Switzerland: The level of carbon dioxide in Earth's atmosphere has reached its highest point in recorded history, accelerating...
Qatar and the US have warned that a new due-diligence directive risks raising energy costs and disrupting deliveries Qatar and the...
Qatar and the US have warned that a new due-diligence directive risks raising energy costs and disrupting deliveries ...
AJMAN, 22nd October, 2025 (WAM) -- H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, in the presence...
Abuja is pursuing strategic autonomy with a diverse set of trade partners, its foreign minister has said Nigeria is less affected...
Rawalpindi [Pakistan], October 22 (ANI): An explosive half-century by pacer Kagiso Rabada at number 11 handed South Africa a massive...
