Tag Archives: China

Representative of the United Nations on United Nations Population Fund (UNFPA) in China, Dr. Babatunde Ahonsi has called on Nigeria and other African countries to learn from China in order to reap the dividend of demography. Ahonsi who spoke during a talk show on China Global Television Network on Thursday said, “We need to learn the lesson from countries like …

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China on Friday condemned a $1.3 billion US arms sale to Taiwan and called on the United States to stop any weapons deal with the island, which Beijing considers a rebel province. Chinese foreign ministry spokesman Lu Kang told a press briefing that Beijing has lodged a formal protest with Washington and urged the US government to “uphold its solemn …

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Chinese Economic and Commercial Counselor, Mr Zhao Linxiang, has said his country promised $6.7 billion to develop Nigeria’s agriculture through training of hundreds of Nigerians to achieve food sufficiency. He spoke at the China-Nigeria Agricultural Modernisation Cooperation Forum in Abuja yesterday. The envoy further stated that China was ready to share its experience in agricultural development with Nigeria in order …

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The Chinese government is investing tens of billions of dollars as part of an ambitious economic plan to rebuild ports, roads and rail networks. China’s President Xi Jinping has pledged $124bn (£96bn) for the scheme, known as the Belt and Road initiative. “Trade is the important engine of economic development,” Mr Xi said at a summit of world leaders in …

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Contrary to rumour making the rounds at the wake of President Muhammadu Buhari’s visit to the People’s Republic of China that the Nigerian leader would sign a $2bn loan deal with China to fund the over ₦2tn budget deficit, Africa’s largest population however has gained more from the President’s visit to the Asian giant. Presidential spokesman, Femi Adesina had refuted …

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Nigeria’s state-run oil firm NNPC and China State Construction Engineering Corporation (CSCEC) have signed a $23bn (£16bn; 18bn euros) deal. The two will jointly seek financing and credits from Chinese authorities and banks to build three refineries and a fuel complex in Nigeria. The project would add 750,000 barrels per day of extra refining capacity. NNPC hopes the construction of …

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