Following America's sudden withdrawal from importing Nigeria's oil, China has stepped forward to fill the gap and create a market for the produce.

According to Deputy Chief of Mission, Chinese Embassy, Mr Zhang Bin, the Chinese government is looking to import more of Nigeria's oil.

Zhang said China was interested in Nigeria’s oil and that when President Goodluck Jonathan visited China in 2013, the country discussed the possibility of importing more oil from Nigeria.

``And I think we are working on this and we hope that the Nigerian side could allow us to import more.

``Actually what we are looking at is improved economic cooperation between the two countries, we are the third largest trade partner with Nigeria.

He also said The trade volume between Nigeria and China in 2014 exceeded 16 billion dollar in 2014,

According to him, China is currently the third largest trading partner of Nigeria adding, that the country is looking at possibilities of improving balancing of trade with Nigeria.

source:  Nigerianbulletin

According to him, in the first 11 months, there was an increase of 93.7 per cent in China’s import from Nigeria, saying the import percentage was almost doubled.

Nigerianbulletin