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Malaysia Celebrates 67th Independence Day, Emphasises Economic Growth, Strengthening Ties with Nigeria

By Gloria Ikibah 
 
In a celebration to marked Malaysia’s 67th Independence Day and 61st Malaysia Day, the Malaysias High Commissioner to Nigeria, Aiyub bin Omar has expressed gratitude to the Nigerian government and other dignitaries for joining in the joyous occasion. 
 
Naijablitznews.com reports that the event underscored Malaysia’s impressive economic progress, its upcoming ASEAN chairmanship, and the strengthening diplomatic relations with Nigeria.
 
In his address, at a dinner organised by the embassy in Abuja on Thursday, Ambassador Omar who gave an account of his country’s remarkable journey post-independence, noted that Malaysia’s path to self-governance was long and challenging, involving years of political negotiations. 
 
“Since gaining independence in 1957, Malaysia has successfully diversified its economy, transitioning from its initial reliance on agriculture and commodities to becoming a global player in the manufacturing and services sectors, particularly in the export of electrical appliances and components”, he said.
 
Citing a World Bank report, the envoy emphasized that Malaysia has maintained a strong trade-to-GDP ratio, exceeding 130 per cent since 2010 and emphasized the country’s sustained economic growth, with an average rate of 5.4 per cent over the past decade, and a current GDP per capita of USD13,310. 
 
The High Commissioner noted thay Malaysia was on the verge of transitioning from an upper-middle-income to a high-income economy by the end of this year.
 
“Malaysia has been ranked the 19th wealthiest country in Asia alongside China and Singapore,” the envoy proudly stated. 
 
He further noted that Malaysia is also ranked the 10th safest country globally according to the 2024 Global Peace Index, crediting the leadership of Prime Minister Anwar Ibrahim for this accomplishment.
 
 
ASEAN Chairmanship in 2025
 
Looking ahead, Malaysia is preparing to assume the chairmanship of ASEAN in 2025, Ambassador Omar assured that the country was making extensive preparations to lead the regional organization and work towards achieving the ASEAN Community Vision by 2045.
 
 
Strengthening Bilateral Ties with Nigeria
 
Turning to bilateral relations with Nigeria, the envoy disclosed that the year 2025 will mark 60 years of diplomatic relations between the two nations. He further admitted that these ties are grounded in mutual interests in politics, economics, and social matters, with key areas of focus including trade, education, and bilateral development assistance.
 
Naijablitznews.com reports that in 2023, Nigeria was Malaysia’s 37th largest trading partner, with total bilateral trade amounting to USD956 million (RM4.36 billion). By July 2024, the figure had already reached USD747 million, making Nigeria Malaysia’s fourth-largest trading partner in Africa, after South Africa, Kenya, and Cote d’Ivoire.
 
 
Education and Development Cooperation
 
The envoy explained thay Malaysia continues to be a preferred destination for Nigerian students seeking higher education, as currently, about 3,386 Nigerian students are enrolled in Malaysian universities. 
 
“In addition to education, Malaysia has been providing development assistance to Nigeria under the South-South Cooperation framework since 1981, with over 560 Nigerian government officials who have benefited from the Malaysian Technical Cooperation Programme (MTCP), which offers courses in areas such as trade, cyber security, environmental management, and public administration”, he added.
 
The Malaysian envoy expressed optimism about the future of Malaysia-Nigeria relations, emphasizing the potential for growth and continued collaboration. “I believe with plenty of opportunities, our bilateral relations will flourish,” he said, before inviting guests to relax and enjoy the evening’s celebrations.
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