Buhari: I’m Committed To Jonathan’s China Deal

Jonathan’s China Deal – President
Muhammadu Buhari says Nigeria cannot
afford to lose the enormous potential in
China-Nigeria economic and trade
cooperation.
On trade and economic ties, Buhari said his government
remains committed to contracts signed by Goodluck
Jonathan, his predecessor, with Chinese firms on
railway, roads and hydroelectric dam projects.
He referred to the bilateral relationship as a
development opportunity that Nigeria cannot afford to
lose.
Speaking to Xinhua, Chinese news agency, prior to his
state visit to China, Buhari said Nigeria and China enjoy
vast opportunities in cooperation in such fields as
agriculture, mining, electric power generation, and
railway and road construction.
“China has the technical and financial capacity and the
experience of development while retaining the goodwill
to help Nigeria. So, really, this is an opportunity Nigeria
cannot afford to lose,” Buhari said.
“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 undertake.”
He expressed Nigeria’s readiness to expand the
development of industries, especially in manufacturing
and textile industries, and speed up infrastructure
construction, which presents huge opportunities for
both China and Nigeria.
“The opportunities that present themselves for us … are
virtually limitless,” he said, adding that 62 percent of
the Nigerian population is under the age of 35 and the
jobless rate among this group is very high.
“The best way to tackle unemployment is to develop
agriculture and the mining industry, which China has
the capacity to help. Some Chinese enterprises have
already been involved in the mining industry in
Nigeria’s northern provinces”.
Hope For Nigeria

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