China Approves RMB200m Grant To Support Nigeria’s Economic Development
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China has approved a RMB200 million grant to support Nigeria’s economic development and the implementation of projects agreed upon by both governments.
Ambassador Yu said the grant was part of China’s continued support for Nigeria’s national development and economic growth.
He noted that, over the past 55 years since the establishment of diplomatic relations between China and Nigeria, bilateral ties have remained at the forefront of China-Africa relations.
According to him, the China-Nigeria Comprehensive Strategic Partnership has entered a new stage of high-quality development under the strategic guidance of Chinese President Xi Jinping and Nigerian President BolaTinubu.
He said both countries had maintained close communication and coordination while working to implement the common understandings reached by their leaders and the outcomes of the 2024 Forum on China-Africa Cooperation (FOCAC) Beijing Summit.
Ambassador Yu added that the two countries would continue working to ensure that the benefits of their cooperation reach their citizens.
Responding, Ahmed thanked the Chinese government for its support for Nigeria’s economic and social development.
The Permanent Secretary assured that Nigeria would make effective use of the grant and work with China to implement the agreements reached by both governments.
He added that Nigeria would continue to strengthen its relationship with China and ensure that the partnership delivers greater benefits to the people of both countries.
