China Has Promised To Spend $5bn On Nigerian Projects

Updated Friday 24 March 2017 13:29

The Ambassador of the Peoples Republic of China, Mr. Zhou Pingjian disclosed that the chinese Government will spend about $5bn on Nigerian projects this year.

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He was saying this when he visited the National Chairman of All Progressives Congress (APC), Chief John Odigie-Oyegun and members of the APC National Working Committee at the National Secretariat of party in Abuja.

In a statement from APC, the Ambassador briefed the APC National Working Committee (NWC) on China’s domestic politics and China-Nigeria strategic bilateral relations. He also explored areas of cooperation and collaboration between the governing parties of both countries – the APC and the Communist Party of China (CPC).

The statement read: “Pingjian disclosed that China has pledged and almost approved $5billion to support infrastructure projects in Nigeria.

“This year is a big one for party politics in China. Every five years, we hold party conventions were we draw a new blueprint for the years ahead. That means major policy decisions will be made at the National Congress of the Communist Party of China. A new Central Committee will be elected at the congress. The central committee will in turn elect the new central leadership.”

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