Home / Nigerians Trending News Today / Buhari promises to fund agreements reached with China

Buhari promises to fund agreements reached with China

By Lawrence Olaoye

President Muhammadu Buhari has said that the Federal Government would provide counterpart funding for all agreements reached with the People’s Republic of China to fast- track ongoing efforts in closing infrastructure gaps.

According to a statement made available to newsmen yesterday by his Special Adviser on media and publicity, Femi Adesina, Buhari gave the assurance while speaking with the Chinese Ambassador to Nigeria, Mr. Zhou Pingjian, at the presentation of Letters of Credence ceremony at the State House.

The President commended the readiness of the Chinese public and private sectors to invest in Nigeria, especially in areas that directly improve the livelihood of Nigerians.

‘‘We really appreciate the efforts of the Chinese government and its people in supporting Nigeria’s development by always seeking to improve our bilateral relations.

‘‘We are also happy that China is working with Nigeria as partners in progress. We will work hard to always meet the counterpart funding for all the agreements reached during my visit to China in April, as we look forward to stronger ties,’’ he said.

Buhari also noted that the relationship between Nigeria and China had over the years bolstered the country’s economy through technology and skills transfer in areas like rail, road and energy constructions.

The President said Nigeria was ready to receive prospective investors from China who had signified interest in the country.

Earlier, the Chinese ambassador said he had been inundated with so many requests by investors from his country who had been ‘‘falling over one another” to explore business opportunities in Nigeria.

Pingjian said the investors had been attracted by the ‘‘remarkable and audacious’’ change process that President Buhari’s administration implemented in safeguarding security, fighting corruption and restoring integrity and sanctity in all public sector transactions.

The President also received Letters of Credence from the Ambassador of the Republic of Austria, Mr. Warner Senfter; Ambassador of the State of Israel, Mr. Guy Feldman and Ambassador of the Kingdom of Norway, Mr. Jens-Petter Kjemprud.

 

Source: Today Trending News

Comments

comments

About Ayoola Adetayo

Check Also

vllkyt2hnu0v0657f.15ab12c9

NAIJ Weekly Price Check: Finally, prices of different commodities crash amid recession worries

Post Views: 37 – As prices of basic staple food items in major markets in …

Leave a Reply

%d bloggers like this: