Nigeria supplies over 70% of South Africa’s oil – Commissioner

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South Africa imports more than 70 percent of its oil from Nigeria, according to the Acting High Commissioner and Consul General of the Republic of South Africa, Bobby Moroe.

Speaking in Lagos at the Outward Selling Mission Programme, Moroe noted that Nigeria also uses South Africa’s strategic location to distribute oil and other products across Southern Africa, including countries such as Botswana, Mozambique, and Lesotho.

“This initiative is about more than trade—it is about building on our shared history and creating opportunities that benefit both nations,” he said.

The annual programme, organized by South Africa’s Department of Trade, Industry and Competition, made a return this year after being suspended for three years due to the COVID-19 pandemic. Moroe explained that the event aims to rejuvenate economic partnerships, restore existing markets, and uncover new prospects for collaboration.

A wide-ranging South African business delegation took part in the event, representing sectors including infrastructure, engineering, healthcare, manufacturing, mining, agriculture, and agro-processing. Moroe stressed the potential for cooperation in areas beyond oil, highlighting opportunities in housing, road infrastructure, and technology.

He also underscored the roles of Nigeria and South Africa as Africa’s leading economies in advancing the continent’s industrialization and trade under the African Continental Free Trade Area.

“Together, we can position Africa as a global powerhouse,” he stated, while pointing out that the current trade balance favors Nigeria.

Executive Secretary of the Nigeria-South Africa Chamber of Commerce (NSACC), Iyke Ejimofor, described the forum as a platform for Nigerian entrepreneurs to engage directly with South African business leaders. He emphasized the potential for partnerships, technology transfer, and growth across sectors like agriculture, mining, and engineering.

Chairperson of the South Africa-Nigeria Chamber of Commerce, Ije Jidenma, also highlighted the importance of cooperation between the two nations.

“We all share a collective responsibility to make Africa great. What greater step can we take than for Nigeria and South Africa to work closely together? Collaboration is not just important—it is essential,” she said.

Jidenma praised the South African Consul General’s leadership, describing it as a commitment not only to trade but also to compassion, humanity, and Africa’s common destiny. She stressed the enduring bond between the countries, rooted in their shared history in Africa’s liberation and integration efforts.

“Trust and truth must remain at the core of our engagements if we are to build a lasting partnership,” she added.

As the mission resumed in Lagos, participants agreed that the renewed partnership should go beyond economic interests to include cultural collaboration. With Afrobeats and Amapiano gaining international popularity, both nations are looking to music and the arts as bridges for deeper connection.

“This is more than business—it is about shaping Africa’s future,” Moroe added.

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