President Muhammadu Buhari says Nigeria cannot afford to lose the enormous potential in China-Nigeria economic and trade cooperation.
On trade and economic ties, Buhari said his government remained committed to contracts signed by Goodluck Jonathan, his predecessor, with Chinese firms on railway, roads and hydroelectric dam projects.
He referred to the bilateral relationship as a development opportunity that Nigeria cannot afford to lose.
Speaking to Xinhua, Chinese news agency, prior to his state visit to China, Buhari said Nigeria and China enjoyed vast opportunities in cooperation in such fields as agriculture, mining, electric power generation, and railway and road construction.
“China has the technical and financial capacity and the experience of development while retaining the goodwill to help Nigeria. So, really, this is an opportunity Nigeria cannot afford to lose,” Buhari said.
“In spite of being the largest economy in Africa, Nigeria is still badly in need of these projects, which China, as the world’s second-largest economy, has the capacity to undertake.”
He expressed Nigeria’s readiness to expand the development of industries, especially in manufacturing and textile industries, and speed up infrastructure construction, which presents huge opportunities for both China and Nigeria.
“The opportunities that present themselves for us … are virtually limitless,” he said, adding that 62 per cent of the Nigerian population is under the age of 35 and the jobless rate among this group is very high.
“The best way to tackle unemployment is to develop agriculture and the mining industry, which China has the capacity to help. Some Chinese enterprises have already been involved in the mining industry in Nigeria’s northern provinces.” Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
Ok now you no go blame GEJ or past administration for making that connection that you are enjoying now...ok oo. when it reach to deliver, you blame them. shebi we be kids?
ReplyDeleteThis government is responsible, it praises GEJ where he has done well and criticise him where he has done wrong...
DeleteWhen it suits them they tow the line of Jona. Can anything good come out of Jonathan? APC is full of pretenders
DeletePls @Turakin shut up if you have nothing to say..whos begging them to be responsible
DeleteWe commend you our president. You are proving you are a Nigerians. Honouring existing infrastructure is a sign of good governance. We pray we shall all emulate this citizenship.
ReplyDeleteThis is the worst govt in Nigeria since independence.
ReplyDeleteWhy won't you call it worst, when your mind is shallow with zero information about the political economy of your nation. Stop wasting your MB on worthless sites educate yourself with it.
DeleteThank God Mr. President is becoming wiser. He have stopped the blame game. I call on other myopic APC supporters to join Mr. President. I was very angry when someone was blaming GEJ administration for not diversifying the economy. I then asked him, WHY ARE YOU NOT BLAMING OBASANJO AS WELL FOR NOT DIVERSIFYING THE ECONOMY. OBJ spent more time in power when compared with GEJ. The problem of economy diversification started when Nigeria discovered the evil called crude oil. We are currently paying for the greed of our past leaders. Nobody should cast blame on the innocent
ReplyDeleteWhy won't he be committed to achievements of Jonathan does he have anything in his own brain..
ReplyDelete