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Thu, Apr

China Pledges Increased Economic Cooperation With Nigeria 

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President Bola Tinubu, Wednesday said Nigeria is open for business and constructive partnerships. The President spoke while hosting President XI Jinping of China’s Special Envoy, Peng Qinghua, at the Presidential Villa, Abuja. Mr Qinghua said the two countries at present had good bilateral relations and economic cooperation, noting that Chinese companies were doing well in Nigeria in railways, roads, hydropower and free trade zones. While commending Mr Tinubu’s  plan to lead Nigeria to a new era of economic development and prosperity, the Chinese envoy, however, said there were areas where Nigeria could benefit from China. Jinping also pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world.

He called on the two countries to share ideas and align strategies, urging the president to also create a more conducive environment for investment.

Responding, Tinubu said Nigeria is open for business and constructive partnerships, and would do business with any country ready to do business with the country.

He promised that his administration would work to promote ease of doing business.

“We need accelerated growth and we are ready to do business honestly with those ready to do business with us,” Tinubu was quoted as saying.

“We will continue to work to promote democracy in the West African sub-region. I’m a product of democracy and shall work day and night to advance democracy.

“We will fight terrorism and all forms of criminality. We can learn from each other, but we will remain non-aligned.”

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