President Bola Ahmed Tinubu is set to embark on a visit to China in the first week of September, aimed at bolstering economic ties and securing investments for Nigeria.
While briefing journalists at the State House, Abuja, on the significance of the planned visit, special adviser to the president on media and publicity, Ajuri Ngelale, said the president’s itinerary includes site visits to prominent Chinese corporations, including Huawei Technologies and China Rail and Construction Corporation (CRCC), to fast-track the completion of the Ibadan to Abuja segment of the Lagos to Kano high-speed rail line.
According to Ngelale, President Tinubu will also engage in strategic meetings with 10 chief executives of major Chinese corporations, boasting assets under management totalling over $3 trillion, across various sectors, including ICT, oil and gas, aluminium production, seaport construction, financial services, and satellite technology development.
He said the visit is expected to yield immediate and long-term benefits for the Nigerian economy and people, underscoring the President’s commitment to economic growth and development.
Ngelale also disclosed that President Tinubu is scheduled to meet with his Chinese counterpart, President Xi Jinping, and would be signing several Memoranda of Understanding (MOUs) aimed at deepening cooperation between the two nations.
The agreements will focus on key areas, including green economy, agriculture, satellite technology development, media enterprise development and promotion, blue economic development, and national planning cooperation.
The meeting will also provide a platform for the two heads of state to discuss matters of mutual interest, spanning economic cooperation, national, regional, and international security, and other pressing global issues.
Ngelale also said the President, as Chairman of the ECOWAS Authority of Heads of State and Government, will join other African leaders at the Forum on China-Africa Cooperation (FOCAC) Summit and will deliver key remarks on behalf of the region, addressing critical matters of mutual interest between China and Africa.
Post comments (0)