Ex-APC Presidential Aspirant Praises Renewed Economic Ties With China

Former presidential aspirant Moses Ayom, who ran on the platform of the All Progressives Congress (APC), has commended President Bola Ahmed Tinubu’s initiative to improve Nigeria’s economic partnership with the Peoples Republic of China.

Ayom, an international businessman with a special interest in strengthening Nigeria’s relations with China, said the Memorandum of Understanding (MOU) signed on Tuesday in Beijing on the peaceful use of Nuclear Energy and several other agreements aimed at elevating the existing relationship between the two countries have opened a positive chapter in Nigeria’s economy.

Tinubu Meets Chinese Premier, Pushes For Mutually Beneficial China-Africa Tie

President Bola Tinubu and his Chinese counterpart President Xi Jinping witnessed the signing ceremony in Beijing where they made strong commitment to advance economic growth and development in the two nations.

Ayom, who has played vital roles in Nigeria’s partnership with China, including being part of the 2016 Presidential delegation to China, called on President Bola Ahmed Tinubu to urgently activate the $1.2 billion mining equipment investment deal signed between Nigeria and China since that year to further boost the partnership’s advantages.

According to the audit conducted by Certified Accountants, the delay in activating that deal portends a serious economic danger capable of attracting a N500 billion loss to the economies.

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Ayom, who was the first All Progressives Congress (APC) presidential aspirant to withdraw from the race for Tinubu, is, however, full of praises for the efforts so far made by President Tinubu to revive Nigeria’s ailing economy.

He advised that it has become very imperative for Nigeria to activate the existing MOU with China to show her that Nigeria is always committed to honouring her international deals, particularly with China.

The mining equipment investment deal has the potential of reinvigorating Nigeria’s economy particularly in terms of employment to her teeming youths.