The High Commissioner of Malaysia to Nigeria, Aiyub Omar, has highlighted the flourishing palm oil trade as a key factor in strengthening relations between the two countries.
Speaking to the News Agency of Nigeria (NAN), a partner of TV BRICS, he emphasised that the growing trade ties demonstrate a firm commitment to agricultural cooperation. This collaboration has also attracted interest from international investors eager to tap into Nigeria’s agricultural potential.
Omar revealed that palm oil accounts for nearly 50 per cent of Malaysia’s exports to Nigeria, contributing to a projected export value of US$600 million in 2024. During a recent visit to Calabar in May 2025, he met members of the Malaysian Diaspora, many of whom are actively involved in the palm oil industry.
The High Commissioner noted that ongoing agricultural cooperation between Malaysia and Nigeria aims to boost productivity and efficiency in palm oil cultivation. This partnership marks a significant step in enhancing bilateral trade, with both nations benefiting from shared expertise and resources, he said.
Malaysia’s support in this sector is expected to strengthen the economic ties and foster sustainable development within Nigeria’s agricultural landscape.
-TVBRICS
