Nigeria-China Cooperation: Tinubu Targets Solid Minerals, Rail Projects

President Bola Tinubu has said Nigeria is a safe hub for investments and that his administration will always provide the needed support to ensure that businesses thrive in the country.

Speaking when he received a delegation led by the Chairman of the China Railway Construction Corporation (CRCC), Mr. Dai Hegen, at the State House on Friday, President Tinubu in a statement by Presidential spokesman, Ajuri Ngelale assured the Chinese business executives that their investments in Nigeria are safe and that his government will further strengthen the business environment.

The President stated that his administration welcomes the opportunity to expand business collaboration with the company, as well as upgrade critical infrastructure and facilities for the mutual benefit of both parties.

“I have listened to you carefully. Your operation is consistent with our objectives. We are reforming the economy and taking crucial actions to ensure accelerated growth. The CRCC, with its subsidiary, CCECC, is a leading company and one of the best partners to work with. I am happy that you are partnering Nigeria in so many areas, particularly in rail construction.

“We will do everything required to ensure that the rail link between the Ibadan end of the Lagos-Ibadan railway and the Federal Capital Territory is completed. We must connect the hinterland with our coastal seaports.

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“I am proud of what I started as Governor of Lagos State with the Lekki Free Trade Zone. It is now a flourishing environment. It is important to give you the assurance that we will do well to strengthen our partnership and relations,” President Tinubu said.

The president commended the corporation, particularly its subsidiary, China Civil Engineering Construction Corporation (CCECC), headquartered in Beijing, for its efforts in delivering value on infrastructural projects in the country.

President Tinubu encouraged the corporation to also explore other avenues of cooperation, especially in solid minerals, adding: “The door is open for partnership, and partnership that will add value to both sides. Solid minerals development is the next frontier for mutually-beneficial growth and collaboration.”