Nigeria exploring alternative markets, says trade minister as US tariffs take effect
[NigerianEye - Nigeria] - 8/08/2025
Jumoke Oduwole, the minister of industry, trade, and investment, says Nigeria is expanding its trade options beyond the United States (US), following the reintroduction of 15 percent tariffs by President Donald Trump. In an interview on CNN’s Quest Means Business show, Oduwole said Nigeria remains committed to its economic reforms and will not be drawn into reactive trade disputes. On August 1, Nigeria and some other African countries were hit with a 15 percent import tariff following a sweeping executive order from Trump. According to the National Bureau of Statistics (NBS), the US (…)
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