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China Pledges Increased Economic Cooperation with Nigeria

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Chinese President XI Jinping has pledged increased economic cooperation with Nigeria, saying the country is important to Africa and the world.

This was conveyed by his Special Envoy, Peng Qinghua, who is also the Vice Chairperson, Standing Committee of National People’s Congress, People’s Republic of China who led a delegation to meet with President Bola Tinubu at the Presidential Villa, Abuja on Wednesday.

According to a press statement by Tunde Rahman, 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 President 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.

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

Responding, President 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.

“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,” he added.

The Chinese delegation included Ambassador to Nigeria, Cui Jianchun and Minister-Counselor, Zhang Yi.

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