China-Africa: Nigeria expects more investment from China

Nigeria hopes China to invest more in the country, Vice President Goodluck Jonathan said in Abuja, the capital, on Monday.

Receiving a delegation of China Council for Promotion of International Trade (CCPIT), Jonathan said the Nigerian government would do everything within its powers to improve the power sector to boost economic growth.

Jonathan, who noted that power was the driver of investment, stressed the determination of the federal government to improve the electricity situation in Nigeria in order to achieve its ambition of placing Nigeria among the top 20 economies of the world by 2020.

He called on the Chinese delegation to come to Nigeria to invest in various sectors, noting that Nigeria will overcome the problems in the power sector.

Jonathan maintained that with the cooperation of Chinese in the areas of trade and investments, Nigeria was sure to become one of the leading economies in the world by 2020.

He also talked with the Chinese delegation led by Zhang Wei, Vice-Chairman of the CCPIT, on transport and rail projects as well as power project like Mambila project to be built in northern Nigeria.

“We will look into the issue of Mambila project when we meet this week and I can assure you that we are going to look at it critically and see what can be done,” said he.

In his brief address, Zhang Wei expressed his hope that more Chinese businessmen or enterprises will invest in Nigeria to facilitate the development in the country in the coming years.

Editor: Sun

(XINHUA)

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