Vice President of
Nigeria, Kashim Shettima has reiterated this administration’s pledge and
commitment to strengthen bilateral relations with the People's Republic of
China for deepened economic cooperation that will be mutually beneficial to
both countries.
During the Mid-Autumn
Festival and Chinese National Day Celebration held in Lagos on the 22nd to 24th
September 2023, Kashim Shettima assured that the federal government is
dedicated to further strengthen economic cooperation with China that will lead
to expanding trade opportunities and explore new avenues for investment to actualize
the President Bola Ahmed Tinubu’s 8-Point Agenda of Renewed Hope.
The Minister of State
for Steel Development, Uba Maigari Ahmadu, who represented the Vice President,
noted that the Chinese business relationship with Nigeria will bring greater
socioeconomic benefits to both nations.
He said Federal
Government is ready to ensure responsible business practices that will further
deepen the collaboration, as this is crucial for long-term success.
Mr. Guo Pengwen, the
Commercial Consul at the Chinese Consulate, who spoke earlier, disclosed that the
exchange of goods and services has diversified Nigeria's export base and
strengthened overall economic stability in sectors such as infrastructure
development, telecommunications, agriculture, energy, manufacturing, and
transportation.
According to him, our
countries have a high volume of bilateral trade between them and these projects
have not only improved Nigeria's transport networks but also created employment
opportunities and enhanced connectivity within the country.
Also speaking, Chairman
of the China Industrial and Commercial Enterprises Association, Dr. Eric Ni, said
Nigeria and China recognizes the immense potential for mutual beneficial
partnerships, leading to significant Chinese investments in various sectors of
the Nigerian economy which has contributed to economic growth, job creation,
and technological advancement.
