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Over 200 Chinese Companies Interested In Investing In Nigeria – FG

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Interested In Investing In Nigeria - FG

Over 200 Chinese firms have expressed interest in investing in Nigeria, according to Foreign Affairs Minister Yusuf Tuggar, during the China-Nigeria Business Forum in Beijing.

Eko Hot Blog reports that the Nigerian government has announced that over 200 Chinese firms have expressed interest in investing in the country. This was disclosed by the Minister of Foreign Affairs, Yusuf Tuggar, through a press release issued by his spokesperson, Alkasim Abdulkadir.

Tuggar revealed this interest during the China-Nigeria Business Forum in Beijing, China, held on Friday, June 21. The forum was part of efforts to welcome Nigeria’s Foreign Affairs Minister during his visit to Asia.

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Tuggar is currently on an official visit to China at the invitation of his counterpart, Wang Yi. The forum, organized by the Nigerian Embassy and Yingke Law Firm, aimed to facilitate greater trade and investment between the two countries and encourage business collaboration to strengthen economic relations.

“Amb. Tuggar emphasized the importance of the longstanding relationship between Nigeria and China, highlighting mutual respect and shared developmental goals.

“This event is a testament to our commitment to strengthening Nigeria-China relations. By fostering direct business engagements, we are paving the way for increased bilateral trade, investment opportunities, and innovative collaborations that will benefit both nations.”

Interested In Investing In Nigeria - FG

Interested In Investing In Nigeria – FG

“Over 200 Chinese companies took part in the event, showing a strong interest in fostering economic collaboration between the two nations,” the press release stated.

As part of his working visit, the Nigerian Minister is expected to partake in several high-level meetings and events, including the inaugural Plenary Session of the Nigeria-China Intergovernmental Committee in Beijing and the World Economic Forum Annual Meeting of the New Champions in Dalian.

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“These engagements are expected to further solidify the strategic partnership between Nigeria and China. He is also expected to meet with ECOWAS Ambassadors as well as launch the 4D Cultural Diplomacy Programme of the Renewed Hope Agenda of President Bola Ahmed Tinubu at the Embassy of Nigeria,” the statement said.

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