TINUBU ARRIVES CHINA FOR MULTILATERAL MEETINGS, TO SIGN MoU

The President of Nigeria, Bola Ahmed Tinubu has arrived China Yesterday for multilateral meetings with China’s President, Xi Jinping.

According to the announcement by the Special Assistant to the President on Social Media, Olusegun Dada, both countries are to begin high-level economic discussions today in Beijing.

 Tinubu who is leading the Nigerian delegation was reportedly well received by his hosts. He is expected to sign a Memoranda of Understanding (MoUs) with the Chinese President.

According to reports, some of the MOUs to be signed between the two countries are in areas of deepening of cooperation, in green economy, in agriculture, in satellite technology development, in media enterprise development and promotion, as well as blue economic development and national planning corporation.

Also, President Tinubu as the chairman of the Economic Community of West African States (ECOWAS) will speak on behalf of the region in the multilateral talks between West African leaders and the Chinese President.

The President is to conduct site visits to two major Chinese corporations; Huawei Technologies, as well as the China Rail and Construction Corporation, (CRCC). The tour is to return focus to the completion of the Ibadan to Abuja segment of the Lagos to Kano high speed rail line; one of the key objectives of this visit.

Tinubu is also to meet with 10 selected chief executive officers of 10 major Chinese corporations with assets under management totalling over $3 trillion across multiple sectors of the economy, including information and communications technology, refining oil and gas, aluminum production, seaport construction, harbour construction and dredging services, financial services, satellite technology development, as well as many other critical sectors.

In a statement released prior to the trip by the Presidential spokesman Ajuri Ngelale,  he said the trip was to yield results for the people while justifying “any expenditure that is made in the course of this trip”.

The President is also expected to join other African heads of state to discuss issues of peace and security plenary in the region.

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