Monday, February 8, 2016

Pres Buhari Gets Help From China, They Want to Invest $60bn


The People’s Republic of China has said that it will invest $60 billion in Nigeria as part efforts to further deepen existing relations between both countries and further integrate sustainable development.
The chargé d’affaires of the Chinese Embassy in Nigeria, Mr Qin Jian, said this while commemorating the 45th anniversary of its diplomatic activities in Nigeria, and described the current economic cooperation between both countries as “fruitful.”

Qin said that China is willing to integrate its development with sustainable development in Nigeria.
“To fulfil the 10 plans, China has pledged $60 billion in development funding… When carrying out cooperation with Africa, China sticks to the principle of ‘four nos and three priorities.’ These include attaching no political conditions, interfering in no African country’s internal affairs, raising no demanding requirements and making no empty promises,” he added.

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