In an announcement marked by Presidential spokeman, Garba Shehu, and posted on the State house Facebook page, President Muhammadu Buhari who is on a 5-day working visit to The People’s Republic of China has guided the foundation of Technical Committees to conclude discourses on the new China/Nigeria joint activities verging on railroad, power, farming, assembling, and solid minerals.
This is coming after President Buhari and his appointment had chats with top Chinese government authorities drove by President Xi Jinping.
The Chinese government has indicated support for the financial broadening plan of the Federal government and has promised $15million dollars for the foundation of 50 Agricultural Demonstration Farms Nigeria.
The Chinese government likewise offered to build the quantity of grants given to Nigerians from 100 to 1000 consistently, and swore to give professional preparing to 1,000 different Nigerians every year
The statement read:
President Muhammadu Buhari has directed that technical committees be immediately established to finalize discussions on new joint Nigeria/China rail, power, manufacturing, agricultural and solid mineral projects.
The President gave the directive Tuesday in Beijing after talks between his delegation and high-ranking Chinese government officials led by President Xi Jinping.
The technical committees are to conclude their assignments before the end of next month.
President Buhari had at the talks welcomed China’s readiness to assist Nigeria in her bid to rapidly industrialize and join the world’s major economies.
President Jinping agreed that Nigeria’s chosen path of development through economic diversification was the best way to go.
To help Nigeria to achieve this, China promised to fully support the country through infrastructural development and capacity building.
China also expressed an interest in setting up major projects in Nigeria such as refineries, power plants, mining companies, textile manufacturing and food processing industries as soon as the enabling environment is provided by the Federal Government.
In response to President Muuhammadu Buhari’s desire to make Nigeria self-sufficient in food production, President Jinping offered 15 million U.S. dollars agricultural assistance to Nigeria for the establishment of 50 Agricultural Demonstration Farms across the country.
China and Nigeria also agreed to strengthen military and civil service exchanges as part of a larger capacity-building engagement.
In line with this, China offered to raise its scholarship awards to Nigerian students from about 100 to 700 annually. In addition, 1,000 other Nigerians are to be given vocational and technical training by China annually.
President Jinping applauded the war against corruption being waged by President Buhari.
The Chinese leader assured President Buhari that Nigeria will always have a special place in the affairs of the Peoples Republic of China.
After the talks, President Buhari and President Jinping witnessed the signing of several agreements and memorandums of understanding by Nigeria and China.
The agreements include a “Framework Agreement Between the Federal Ministry of Trade and Investment of the Federal Republic of Nigeria and the National Development and Reform Commission of the Peoples Republic of China.”
Others were a “Memorandum of Understanding on Aviation Cooperation between the Ministry of Transportation (Aviation) of the Federal Republic of Nigeria and the Ministry of Commerce of the Peoples Republic of China” and a “Memorandum of Understanding Between the Federal Republic of Nigeria and the Government of the Peoples Republic of China on Scientific and Technological Cooperation”.
A Mandate Letter Between the Industrial and Commercial Bank of China and the Central Bank of Nigeria on Renminbi (RMB) Transactions was also signed.
See more photos:
PMB hold talks with Chinese Officials
PMB speaking at the Official Opening Ceremony of the China-Nigeria Business Forum in Beijing
PMB and Xu Shaoshi, Chair of National Reform & Development Comm, at Opening Ceremony of China-Nigeria Business Forum
Photo Credit: twitter.com/NGRPRESIDENT