FG to partner with China for infrastructure deficit funding

Nigeria-China Business Council: FG to partner with China for infrastructure deficit funding. The Federal Government, yesterday, emphasized its determination to partner with the government of China and some Chinese investors in bridging Nigeria’s huge financing gap, especially in the area of infrastructure development.

Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar, disclosed this in Abuja, at the Nigerian Investment and Financing Summit, organized by the Government of Jiang Xi Province, China; Export-Import Bank

Nigeria-China Business Council

Nigeria-China Business Council

of China, Jiang Xi Branch, in collaboration with the Nigeria-China Business Council, NCBC.

Abubakar, who was represented by Mr. Rufai Tokunbo, a director in the Ministry, stated that China has a lot to offer Nigeria in terms of trade, investment and financing of energy projects in the country.

According to her, there are many states and industries that are moribund and which are looking for funds to tackle the challenges of growth and development.

She, however, stated that the Federal Government was keen to removing obstacles and inhibition to the ease of doing business in the country, adding that the government would, henceforth, provide the necessary support investment in the country.

Meanwhile, in the verge to revive the struggling economy, The Senate President, Bukola Saraki has  suggested that fruitfull youths engagement is the best solution for the country to come out of the present economic crisis.