China-Nigeria Ties Deepen with Billions Pledged in Strategic Investments

Nigeria and China have deepened their strategic ties, with over $20 billion in recent investment commitments across key Nigerian sectors, including agriculture, mining, automotive manufacturing, steel, and energy. The investments are expected to drive job creation, enhance food security, and boost industrial growth in Africa’s most populous nation. Joseph Tegbe, Director General of the Nigeria-China Strategic Partnership (NCSP), revealed the development during a media session in Abuja. He highlighted the NCSP’s role in coordinating the investments, facilitating stakeholder engagement, and ensuring the partnerships proceed smoothly. Tegbe also stated that the NCSP’s mission aligns with Nigeria’s Renewed Hope Agenda under President Bola Tinubu’s administration. He reiterated the agency’s mission to implement the projects under the Forum on China-Africa Cooperation and leverage Chinese resources to revive Nigeria’s industrial sector.

Nairametrics