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Nigeria, China Intensify Partnership to promote Economic Development

By Joyce Remi-Babayeju

Nigeria and China have intensified partnership to promote economic development between the two countries.

The new partnership boarders on exchange of experiences and collaborative efforts across Trade, Energy, Finance, Custom, agriculture, amongst others.

Also, both countries are engaging in initiatives to foster sustainable growth, enhance capacity building, and promote investment opportunities.

Furthermore, joint projects and programs are also being implemented to strengthen human capital and improve economic resilience, showcasing a shared commitment to addressing mutual challenges and achieving development goals.

The Charge d Affaire, Embassy of Nigeria, Ambassador Baba Gana Wakil, made these known recently, while addressing participants at the 12-day Seminar on Xi Jinping: The Governance of China and Exchanges on the Experience in the Field of Economic Development between China and Nigeria, in Beijing, China.

Earlier, Nigeria and China had signed
a Memorandum of Understanding, MOU, to enable participants engage in productive discussions, share valuable insights, and explore meaningful opportunities for cooperation.

Ambassador Wakil who spoke at the end of the event said, “I am optimistic about the potential for Nigeria-China cooperation in promoting economic development.”

” I believe that by working together, we can unlock significant opportunities that will lead to mutual benefits, including enhanced trade, increased investment, and sustainable economic growth for both countries.”

He said, ” I reaffirm our commitments to strengthening Nigeria-China cooperation in economic development.”

Let us continue to collaborate, share knowledge, and explore opportunities for mutual growth, prosperity, and people-to-people cooperation.”

Ambassador Wakil commended the Embassy of Nigeria in China and the Federal Ministry of Budget and Economic Planning, for their support, for the success of the programme.

The Ambassador Wakil , who was represented by the Senior Counsellor at the Embassy of Nigeria in Beijing, China, Mr. Ibrahim Jamilu Abdullahi, commended the Chinese partners for understanding of each other’s economic development strategies , challenges, and successes.

Also speaking, the leader of the delegation, from the Federal Ministry of Budget and Economic Planning, Mrs. Clementina Okoro noted that participants have gained first-hand insight into China’s extraordinary economic transformation and development strategies.

” We have explored key areas such as energy, infrastructure development, industrialization, innovation, and agriculture—fields where China has made tremendous strides”, Okoro said.

Representative of the International Cooperation Department, National Development and Reform Commission, Mr. Pan Jiang expressed happiness at the outcome of the Seminar.

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