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Home»News»Business»Over 200 Chinese Companies Set To Investing In Nigeria, Says Tinubu’s Govt-
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Over 200 Chinese Companies Set To Investing In Nigeria, Says Tinubu’s Govt-

Ibom FocusBy Ibom FocusJune 22, 2024No Comments2 Mins Read
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Over 200 Chinese Companies Set To Investing In Nigeria, Says Tinubu’s Govt

As the aftermath of the China-Nigeria Business event in Beijing, China held on Friday, the President Bola Tinubu-led Nigerian government has claimed that over 200 Chinese businesses have shown interest in investing in the Nigerian economy.

This is acoording to Nigeria’s Foreign Affairs Minister, Ambassador Yusuf Tuggar, who is on an official visit to the People’s Republic of China and communicated in a statement by his media aide, Alkasim Abdulkadir.

The event, jointly organised by the Nigerian Embassy and Yingke Law Firm, was designed to ease increased bilateral trade and investment, and foster business matchmaking to deepen economic ties between Nigeria and China.

“Amb. Tuggar emphasised the importance of the longstanding relationship between Nigeria and China, highlighting mutual respect and shared developmental goals.”

According to the details communicated after the China-Nigeria business event jointly organised by the Nigerian Embassy and Yingke Law Firm, it was designed to ease increased bilateral trade and investment, and foster business matchmaking to deepen economic ties between Nigeria and China.

“Over 200 Chinese companies took part in the event, showing a strong interest in fostering economic collaboration between the two nations.”

As part of his working visit, Tuggar would take part in several high-level meetings and events, including the inaugural Plenary Session of the Nigeria-China Intergovernmental Committee in Beijing and the World Economic Forum Annual Meeting of the New Champions in Dalian.

“These engagements are expected to further solidify the strategic partnership between Nigeria and China. He is also expected to meet with ECOWAS Ambassadors as well as launch the 4D Cultural Diplomacy Programme of the Renewed Hope Agenda of President Bola Tinubu at the Embassy of Nigeria,” the statement said.

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