Sunday, October 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.”

Babajide Sanwo-Olu

Lagos

Sanwo-Olu to inaugurate Tinubu-Hamzat campaign headquarters in Lagos

Governor Babajide Sanwo-Olu of Lagos State will on Monday inaugurate the PBAT-KOH Lagos Central Campaign Headquarters on Lagos Island.

Articulated vehicles

States

Articulated vehicles block Makurdi-Lafia Highway after clash with immigration officers

The situation left locals and travellers passing through Makurdi stranded.

Oxford doctors in a laboratory.

World

Study finds trust in science fell below pre-COVID-19 levels, links decline to financial hardship

“The steepest declines are among people who feel they are struggling financially,” the study finds.

NDLEA

States

Large consignments of illicit drugs seized in Lagos, Kano, five other states: NDLEA

NDLEA said in a statement that the states were Lagos, Taraba, Kano, Kaduna, Edo, Cross River and Ondo.

ROAD CRASH

States

Adamawa govt to dualise Girei-Yola Road to curb crashes

The commissioner said the dualisation of the road was among other measures the government planned to curb frequent crashes.

Taiwo Oyedele

NationWide

FG sets performance targets for MDAs to address delays, overlapping regulations

The minister also called for stakeholder consultations before introducing new regulations.