Wednesday, November 11, 2026

Mexico, Nigeria working to scale up trade relations: Ambassador

Mexico and Nigeria are committed to scaling up their bilateral trade relations, with a relatively low current value of approximately $180 million.

• July 22, 2024
Mexican ambassador to Nigeria, Alfredo Miranda
Mexican ambassador to Nigeria, Alfredo Miranda [Credit; X]

Mexico and Nigeria are committed to scaling up their bilateral trade relations, with a relatively low current value of approximately $180 million.

Mr Miranda said of this amount, Mexico recently committed about $100 million to import from Nigeria’s hibiscus flowers, locally known as zobo, in high demand in Mexico.

Mexican ambassador to Nigeria Alfredo Miranda said this in an interview in Abuja on Monday.

He said that to enhance the trade relations between the two countries, two Mexican business delegations visited Nigeria recently, adding, “It’s a work in progress.”

“The main challenge is that most Mexican businessmen prefer to do business with the U.S. because of our close proximity and their prompt payments,” the envoy added.

The diplomat said Mexico’s strategic geographical location in Central America, which is close to the U.S., makes it a gateway to Latin America.

Mexico’s foreign policy thrust, according to the ambassador, is anchored on the principles, which are recognized in Article 89, Section 10, of the country’s constitution.

He said these included respect for international law, equality of sovereign states and their independence, and non-intervention in other countries’ domestic affairs.

Mr Miranda added that promoting bilateral relations and multilateral cooperation were among Mexico’s foreign policy principles.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

UNILAG

Education

UNILAG urges students to verify payment channels amid fraud reports

UNILAG advised students to report any individual, group or message soliciting payments into a personal account.

NationWide

EFCC hands over $3 million, N1.3 billion unpaid revenue recovered from two oil firms to RMAFC

The commission said both companies accepted their respective liabilities and began making payments into its recovery accounts domiciled with the CBN.

NSCDC officers

States

Insecurity: NSCDC urges collaboration with private security firms in Akwa Ibom

Mr Olariche said effective collaboration would promote the campaign against insecurity.

Mosquito nets

States

Nasarawa govt., partners to distribute 1.8 million mosquito nets to residents

Mr Gaza said the exercise was part of renewed efforts by the government to combat malaria and protect residents.

Femi Gbajabiamila

NationWide

APC names Yari, Alake, Idris as only campaign council spokespersons

According to the statement, all previously announced spokespersons will now be absorbed into the media directorate.

Kaduna

States

Kaduna ‌⁠WEE Policy: Group seeks N5 billion allocation in 2027 budget

The director noted that effective implementation would help address economic and socio-cultural barriers confronting women.