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On the sidelines of the Forum on China and Africa Cooperation (FOCAC) in Beijing, President Muhammadu Buhari Wednesday assured existing and prospective Chinese investors of high-level support for their investment plans in Nigeria. #FOCAC2018
In separate meetings with prospective investors, President Buhari said Nigeria is endowed with abundant human and material resources as well as a young population that is very energetic and innovative and ready to work.
He encouraged Chinese companies and entrepreneurs to take advantage of the improved business environment in Nigeria to invest in key sectors of the economy.
THREAD: For Nigeria — our partnership with China through the #FOCAC platform, has resulted in;
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The construction and operation of the first rail system in Africa that uses modern Chinese standards and technology. This 180km rail line that connects Abuja and Kaduna was commissioned 2 years ago at a cost of $500 million.
Today the Abuja-Kaduna rail line is functioning efficiently with no issues. Indeed, a sign that Chinese technology is world class.
I had already seen your article on Premium Times. You sure made me laugh as you tried real hard to sound technical while responding to Prof. Osinbajo. Your article is less than watery, if there's anything like that, and I will show you why. Stay with me.
The issue 'of "geographical restructuring" isn't a new/vague concept created by Prof. Osinbajo. In his response earlier today. He explained it as creation of states, or going back to regionalism. He even cited the 2014 confab report that recommended the creation of 18 more states
which would obviously lead to more administrative costs.
How you, @atiku, ignored that and claimed that Prof. was vague with the "geographical restructuring" concept is beyond me.
How you, @atiku, ignored that and claimed that Prof. was vague with the "geographical restructuring" concept is beyond me.
President @MBuhari arrived Beijing Saturday to attend the Beijing Summit of the Forum on China-Africa Cooperation (#FOCAC2018) holding September 3 - 4, 2018. #PMBAtFOCAC7 #PMBinChina2018
During the 6-day official visit, PMB is expected to join President Xi Jinping to witness the signing of an agreement on the $328m National Information & Communication Technology Infrastructure Backbone Phase 11 (NICTIB 11),between Galaxy Backbone Limited & Huawei Technologies Ltd
The Funding for the NICTIB 11 project will be provided by the Chinese EXIM Bank. The project is consistent with the Buhari Administration’s commitment to incorporating the development of ICT into national strategic planning under the National Economic Recovery and Growth Plan.
