China: We’ll Increase Economic Cooperation With Nigeria

June 1, 2023
China: We'll Increase Economic Cooperation With Nigeria
Tinubu receives Special Envoy of Chinese President XI Jinping and Vice Chairman of Chinese National People's Congress, HE Peng Qinghua, at the State House, Wednesday, 31 May 2023

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

The Chinese president spoke through his Special Envoy, Peng Qinghua, Vice Chairperson, Standing Committee of National People’s Congress, the People’s Republic of China who met with President Bola Tinubu at the State House, Abuja on Wednesday.

Join our WhatsApp Channel

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.

He said: “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 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.”

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

PBA Reporter
+ posts

Featured Stories

Latest from News

Nigeria’s Power Supply Fell in December, Testing Public Patience

Nigeria ended 2025 with growing pressure on its electricity regulators after official figures showed a drop in power generation and continued instability on the national grid in December. Prime Business Africa gathered from statements released by the Nigerian Electricity Regulatory Commission (NERC)

Uganda Polls: Bobi Says Optimistic of Winning Amid Alleged Violence

Ugandan pop star and opposition politician Bobi Wine, whose legal name is Robert Kyagulanyi, has alleged that he has been beaten, tasered, and attacked with teargas and pepper spray while campaigning against long-serving President Yoweri Museveni. Wine, a rising political figure with
UNIZIK Teaching Hospital Honours Air Peace Boss, Onyema, With Benefactor Award
Previous Story

UNIZIK Teaching Hospital Honours Air Peace Boss, Onyema, With Benefactor Award

10 Nigerian Authored Books To Read On Vacation
Next Story

10 Nigerian Authored Books To Read On Vacation

Don't Miss

EPL: Man United Pips Burnley, Climbs To Top Half Of League Table

Manchester United on Saturday night returned to winning ways as
Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

MTN MoMo PSB Revenue Rises By 8.1%, As Active Wallet Users Hit 5.3 Million In 2023

MTN Nigeria has announced that revenue from its MoMo Payment