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HomeAcross The CountryTinubu Drives Economic Talks in China, Strengthens Regional Ties at Indonesia-Africa Forum

Tinubu Drives Economic Talks in China, Strengthens Regional Ties at Indonesia-Africa Forum

By Jemimah Wellington, JKNewsMedia Reporter

NIGERIA HAS commenced high-level economic discussions with China, spearheaded by President Bola Ahmed Tinubu, who arrived in Beijing on September 2nd.

The visit, designed to attract significant investments across various sectors of the Nigerian economy, signals a strategic push to strengthen bilateral ties between the two nations.

Upon his arrival, President Tinubu received a warm welcome from Chinese officials.

He will engage in a series of meetings with leaders from ten major Chinese corporations, collectively managing assets worth over $3 trillion.

These corporations are involved in industries crucial to Nigeria’s development, including oil and gas, aluminum production, seaport construction, and dredging services.

The discussions will also focus on expanding cooperation in information and communications technology, financial services, satellite technology, and other critical areas.

President Tinubu’s agenda includes on-site visits to Huawei Technologies and the China Rail and Construction Corporation (CRCC), aimed at accelerating ongoing rail projects in Nigeria.

A key highlight of the visit will be the signing of a Memorandum of Understanding (MoU) to deepen collaboration in sectors such as green economy, agriculture, satellite technology, and blue economy development.

This MoU will also cover media enterprise development and national planning cooperation.

As part of his role as Chairman of the Economic Community of West African States (ECOWAS), President Tinubu will represent the region in multilateral discussions with Chinese President Xi Jinping.

He will also participate in the Forum on China–Africa Cooperation (FOCAC) Summit, where he will join other African heads of state in dialogue with Chinese leaders on issues of mutual interest.

Comprehensive Agenda for Africa’s Economic Reforms

Meanwhile, Nigeria’s Minister of Information and National Orientation, Mohammed Idris, emphasized President Tinubu’s comprehensive agenda for economic reforms and regional stability during the Indonesia-Africa Forum held in Bali.

The Minister highlighted Nigeria’s commitment to strengthening ties with Indonesia, particularly in areas like trade, investment, energy, and digital economy.

He noted that the forum served as a platform for fostering economic cooperation between Indonesia and African nations, with a focus on sustainable development and mutual growth.

The event also brought together leaders from 22 African countries and five non-African nations, celebrating the historic Bandung Spirit of 1955 that laid the foundation for Asia-Africa relations.

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2 COMMENTS

  1. I find it very hard to believe that we keep making the same mistake of the pass and be expecting to get a deferent result, otherwise we have a lot to do in Nigeria, must the president keeps travelling round the world wasting time and money looking for investors, he should rather stay in Nigeria and fix things and investors will come only when they see that our policies are investment friendly.

    We have a lot to do in our country. Its really shameful and worrisome, the president advisers lacks foresight in international relations, it is not the president duties to go after investors, it is our policies and programmes that can attract investors, we should stop wasting resources that can be channelled into better programme that would benefit the masses more.

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