China-Nigeria economic, trade cooperation to grow

Both China and Nigeria to sign contracts with Chinese firms on trade.

China-Nigeria economic, trade cooperation to grow

World Bulletin / News Desk

Nigerian President Muhammadu Buhari has described the enormous potential in China-Nigeria economic and trade cooperation as an opportunity his country can't afford to lose in development.

Buhari, in an exclusive interview with Xinhua prior to his state visit to China starting Monday, said Nigeria and China enjoy vast opportunities in cooperation in such fields as agriculture, mining, electric power generation, and railway and road construction.

The Nigerian leader expressed his country's genuine wishes to further strengthen the Nigeria-China ties. China has the technical and financial capacity and the experience of development while retaining the goodwill to help Nigeria, said Buhari.

"So, really, this is an opportunity Nigeria cannot afford to lose," the president told Xinhua at the Presidential Palace.

On trade and economic ties, Buhari said his government remains committed to contracts signed by its predecessor with Chinese firms on railway, roads and hydroelectric dam projects.

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 be able to help fund.

Source: Xinhua.net

Last Mod: 11 Nisan 2016, 09:14
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