– President Muhammadu Buhari says Nigeria has a lot to benefit from China relationship
– The president vows to continue to Jonathan’s China deal
– He reiterates the plan to develop non-oil sector
President Muhammadu Buhari has revealed that his predecessor, Goodluck Jonathan signed some trade agreements with China and he has vowed to follow up on them.
Leadership reports that the president said this to Xinhua which is a Chinese news agency, prior to his state visit to China.
Buhari noted Nigeria and China have a strong economic and trade cooperation and that it was a developmental opportunity Nigeria cannot afford to lose.
He said his administration was committed towards agreements Nigeria had with Chinese firms on railway, roads and hydroelectric dam projects.
He said: “China has the technical and financial capacity and the experience of development while retaining the goodwill to help Nigeria. So, really
, this is aneria cannot afford to lose,” Buhari said.
“In spite of being the largest economy in Africa, Nigeria is still badly in need of these projects, which China, as the world’s second-largest economy, has the capacity to undertake.”
According to Daily Trust, he president said the “opportunities that present themselves for us … are virtually limitless.”
He said Nigeria was ready for industrial development, especially in manufacturing and textile industries.
On the issue of unemployment, he said non-oil sectors need to be explored and developed.
“The best way to tackle unemployment is to develop agriculture and the mining industry, which China has the capacity to help. Some Chinese enterprises have already been involved in the mining industry in Nigeria’s northern provinces.”
– The president vows to continue to Jonathan’s China deal
– He reiterates the plan to develop non-oil sector
President Muhammadu Buhari has revealed that his predecessor, Goodluck Jonathan signed some trade agreements with China and he has vowed to follow up on them.
Leadership reports that the president said this to Xinhua which is a Chinese news agency, prior to his state visit to China.
Buhari noted Nigeria and China have a strong economic and trade cooperation and that it was a developmental opportunity Nigeria cannot afford to lose.
He said his administration was committed towards agreements Nigeria had with Chinese firms on railway, roads and hydroelectric dam projects.
He said: “China has the technical and financial capacity and the experience of development while retaining the goodwill to help Nigeria. So, really
“In spite of being the largest economy in Africa, Nigeria is still badly in need of these projects, which China, as the world’s second-largest economy, has the capacity to undertake.”
According to Daily Trust, he president said the “opportunities that present themselves for us … are virtually limitless.”
He said Nigeria was ready for industrial development, especially in manufacturing and textile industries.
On the issue of unemployment, he said non-oil sectors need to be explored and developed.
“The best way to tackle unemployment is to develop agriculture and the mining industry, which China has the capacity to help. Some Chinese enterprises have already been involved in the mining industry in Nigeria’s northern provinces.”
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