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China To Invest $5 Billion in Nigeria
24 March 2017
EIRNS—According to a news report in Nigeria’s the New Telegraph today, on March 22, China said it will invest $5 billion on infrastructural projects in Nigeria. "Chinese Ambassador to Nigeria Zhou Pingjian revealed this when he visited the National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, and members of the APC National Working Committee at the national secretariat of the party in Abuja," the news report said. Zhou, who briefed the APC National Chairman and members of the APC National Working Committee present on China’s domestic politics and China-Nigeria strategic bilateral relations, called on the Nigerian government "to ensure ’full execution’ of the One China Policy between the two countries and changing the name: `Trade Mission of the Republic of China (Taiwan)’ to `Taipei Trade Agency, Lagos,’" and relocating the mission to Lagos, the New Telegraph reported. Zhou said: "China and Nigeria have been very good friends since 1971.... Unfortunately, in 1999, Nigeria’s ministry of commerce signed a Memorandum of Understanding with Taiwan which led to the setting up of a Trade mission of the Republic of China (Taiwan) in Nigeria. That is two Chinas. For years, we have kept the pressure on Nigeria. Last year President Muhammadu Buhari was in Beijing for a state visit, and the Chinese President raised the issue. Upon return to Nigeria, President Buhari sent out directives to the Ministry of Affairs to honor and implement Nigeria’s One China policy," Premium Times reported. [RMA] |