No fewer than 200 Chinese companies have shown interest in the Nigerian economy.
The China and Nigeria held a Business event in Beijing, China pulled over 200 Chinese companies indicating a strong into in the Nigerian economy.
The forum which was held on Friday, June 21, in the Chinese capital, was part of activities to welcome Nigeria’s Foreign Affairs Minister, Ambassador Yusuf Tuggar to the Asian country.
Tuggar, according to a statement by his media aide, Alkasim Abdulkadir, is on an official working visit to the People’s Republic of China at the invitation of his Chinese counterpart, Mr. Wang Yi.
The event he stated, aimed to facilitate increased bilateral trade and investment, and foster business match-making to deepen economic ties between Nigeria and China.
He further stated that the Minister who arrived in China on June 19th delivered a keynote address at the China-Nigeria Business Exchange event. 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 emphasized the importance of the longstanding relationship between Nigeria and China, highlighting mutual respect and shared developmental goals.
“He pointed out the critical role of such business exchanges in driving economic growth and diversification, stating “This event is a testament to our commitment to strengthening Nigeria-China relations. By fostering direct business engagements, we are paving the way for increased bilateral trade, investment opportunities, and innovative collaborations that will benefit both nations.
“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, Amb. Tuggar will 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 Ahmed Tinubu at the Embassy of Nigeria.
“Similarly, the visit is aimed at deepening economic and trade collaboration, enhancing high-level exchanges, and strengthening mutual support at multilateral for a. Some of the outcomes from the visit include advancing Nigeria’s development drive, boosting infrastructure development, improving healthcare and educational systems, stimulating job creation and economic opportunities, Implementing Bilateral Agreements, increasing trade volume and diversification, attracting foreign direct investment (FDI) and promoting entrepreneurship and strengthening industrial capabilities and competitiveness.”
Key Nigerian dignitaries and business leaders were in attendance including Aisha Rimi, Managing Director/CEO of Nigerian Investment Promotion Commission (NIPC), Khalil Suleiman Halilu, Executive Vice Chairman/CEO, National Agency for Science and Engineering Infrastructure (NASENI), Oluwaseun Fakuade, Commissioner for Innovation, Science, and Digital Economy, represented the Governor Ekiti State, H.E. Abiodun Abayomi Oyebanji.
Other participants included key private sector leaders including Dr. Adegboyega Oluwarotimi Austen-Peters, Chairman, Dorman Long Engineering Ltd, Bolanle Austen-Peters, Founder/Artistic Director, Terra Academy for The Arts (TAFTA), Bruce Ayonote, CEO, Suburban Fiber Company, Tunde Hassan-Odukale, Group CEO, Leadway Holdings, Olusegun Alebiosu, Managing Director/CEO, First Bank of Nigeria Limited, Jawad Saleh Mustapha, Renecon Energy Ltd.