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    MarketForces Africa » MarketForces News » Tinubu to Meet Chinese President Xi Jinping
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    Tinubu to Meet Chinese President Xi Jinping

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 27, 2024No Comments3 Mins Read
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    Tinubu to Meet Chinese President Xi Jinping

    President Bola Tinubu will depart for Beijing, China, in the first week of September, during which he will sign several MOUs with President Xi Jinping, his Chinese counterpart.

    The President’s Spokesman, Ajuri Ngelale, said this while briefing State House correspondents on Tuesday.

    He said the President would also visit two major Chinese corporations, Huawei Technologies, as well as the China Railway and Construction Corporation (CRCC).

    “This is with a view to achieve one of Mr President’s top agenda items, which is the completion of the Ibadan-to-Abuja segment of the Lagos-Kano high-speed rail line,” said Ngelale.

    Thereafter, he said the President would meet chief executive officers of 10 major Chinese corporations with assets under management totaling over 3 trillion dollars across multiple sectors of the economy.

    The sectors include information and communications technology, oil & gas, aluminium production, harbour construction/dredging services, financial services and satellite technology, among others.

    Ngelale said the series of meetings and activities would have immediate and future benefits to the Nigerian economy and Nigerian people.

    “The MOUs will involve agreements in deepening cooperation in green economy, agriculture, satellite technology development, media enterprise development and promotion, as well as blue economic development and national planning cooperation.

    “This is going to be part of a broader engagement where the two heads of state will discuss matters of mutual interest across not just the economy, but also on issues of national, regional and international security,” said the spokesman.

    According to him, the President will thereafter join the Forum on China–Africa Cooperation (FOCAC) Summit, where several African heads of state will be present to engage with Chinese leaders on various important matters.

    He said President Tinubu would make a presentation in his capacity as the chairman of the ECOWAS Authority of Heads of State and Government on behalf of the region.

    He said Tinubu would proceed to the high-level peace and security plenary, where he would further make a presentation on peace and security in the region and in Africa.

    According to him, the engagement is expected to yield tangible, immediate and future dividends for the Nigerian economy and for the benefit of the Nigerian people.

    “The President will place premium on deliverables, ensuring that this is not a talk show, but will yield results for our people, justifying any expenditure that is made during the course of this trip,” said Ngelale. #Tinubu to Meet Chinese President Xi Jinping

    Nasarawa Generates N2.5bn IGR Monthly – Official

    Bola Ahmed Tinubu CHINA
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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