China To Refinance, Complete Abuja-Kano, PH-Maiduguri Rail Projects As Shettima Meets Xi Jinping

In what could best be described as a major milestone for Nigeria at the ongoing Belt and Road Initiative (BRI) Forum in Beijing, the People's Republic of

In what could best be described as a major milestone for Nigeria at the ongoing Belt and Road Initiative Forum in Beijing, the People’s Republic of China has committed to refinancing and completing the Abuja-Kano and Port Harcourt-Maiduguri railway projects.

It would be recalled that since the launch of the projects, China was yet to release funds for the two major railway projects in Nigeria largely due to cutbacks and commitments. The Chinese President, who was visibly elated to receive the Nigerian delegation led by Vice President Shettima at the Peoples Building in China, pledged increased investment in Nigeria’s power generation and digital economy.He called for the protection of Chinese nationals working in Nigeria, saying he would, in turn, ensure that the Nigeria-China bilateral relation is stronger than before.

Pledging to further deepen practical cooperations, the Chinese leader threw his weight of support behind the Renewed Hope Manifesto of President Tinubu and his 8-point economic agenda, adding that China will support Nigeria’s exports, especially as it relate to peanuts and others, even as the China Africa talent initiative remains key in its cooperation with Nigeria.

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