x

Bauchi govt, Chinese coys discuss business, investment opportunities

By Our Correspondent

A delegation from the Bauchi state government on Wednesday met with Chinese companies in Nigeria to explore business and investment opportunities in the North-Eastern state.

Hon. Aminu Hammayo, Commissioner for Budget and Economic Planning, led the Bauchi State contingent and Mr Cui Guangzhen, Director General of the China General Chamber of Commerce in Nigeria (CGCCN), led the Chinese team to the event held at CGCCN conference room in Abuja.

In his remarks, Hon Aminu Hammayo said Bauchi state is open to partnership, support and investments from Chinese companies in priority sectors such as agriculture, mining, energy, transportation, oil & gas, housing, water resources and ICT.

The commissioner who represented Dr Aminu Hassan Gamawa, Chief of Staff to the governor, said Bauchi has removed all trade barriers, insisting that prospective Chinese investors will enjoy the best ease of doing business in the state.

“Bauchi was ranked fourth in ease of doing business ranking in Nigeria in 2021. In addition, we have done a lot of reforms in terms of institutions that operate in the state. We have also provided incentives to make life as easy as possible for any investor coming.

“I am confident that in one month or two, we should hit the ground running with our Chinese investors to provide jobs, create wealth and reduce poverty in the state,” he added.

Earlier in his remarks, Mr Cui said the China General Chambers of Commerce has 500 registered companies spread across the 36 states of Nigeria and the Federal Capital Territory FCT, Abuja.

He noted that the companies are in different sectors, such as agriculture, mining, power, construction, Oil and Gas and ICT.

Mr Cui expressed confidence that the Chinese companies in Nigeria will partner with the Bauchi state government in business, trade and investment.

The event later went into a technical breakout session, where both parties deliberated further on strategic areas of investment and cooperation.

The roundtable is a follow-up to a previous business engagement between Chinese Ambassador, Cui Jianchun and Bauchi state governor, Bala Muhammed.

Hot this week

Bandits Demand ₦500m Ransom for Abducted Kaduna Photojournalist, Kill One Captive

By Achadu Gabriel, KadunaArmed bandits have demanded a ransom...

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

PANDEF Reconciliation Committee Urges Calm, Forgiveness in Rivers State Crisis

By Wilfred FrancisAbuja, Nigeria - The PANDEF Reconciliation Committee,...

Group faults Gov Eno for APC flag at Uyo Town Centre

By Ogenyi Ogenyi, .UyoAn advocacy group in Akwa Ibom,...

U.S. Foreign Policy Shifts and Their Implications for Global Geopolitics

By Michael OnjewuIn an era where multilateralism is increasingly...

VAR errors rise to 13 in first half of EPL season

Video Assistant Referee (VAR) mistakes have increased during the...

Ondo governor marks 61st birthday with pardon for seven inmates

Ondo State Governor, Lucky Aiyedatiwa, has granted amnesty to...

Sugary drinks raise heart disease risk in children – Expert

A consultant cardiologist in Gombe, Dr Abubakar Sani, has...

Related Articles

Popular Categories

spot_imgspot_img