FG Seeks Chinese Bank’s Support For Infrastructure Funding

The Minister of Finance, Mrs. Kemi Adeosun, on Monday met with a delegation from the China Development Bank to discuss areas where the lender could be of assistance to the country. The meeting, which was held at the headquarters of the finance ministry, was attended by the Permanent Secretary at the ministry, Mahmoud Dutse, and top officials of the China Development Bank led by its Vice Chairman/President, Zheng Zhijie.

Zhijie explained that the meeting was a follow up to the visit of President Muhammadu Buhari to China in April 2016, where an understanding was reached to deepen the level of bilateral relationship between both countries.

He said since then, the level of trade relationship between China and Nigeria had been on the increase, adding that the visit of the bank’s officials was part of measures to deepen the relationship. Adeosun, while addressing the bank officials, said the Federal Government was working hard to reposition the economy by addressing the infrastructure gap.

Photo Caption: Minister of Finance, Mrs. Kemi Adeosun