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Chinese investments in Nigeria hit $13b
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Chinese investments in Nigeria hit $13b

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The Chinese Deputy Ambassador to Nigeria, Mr. Lin Jing, yesterday in Abuja, said Chinese investments in country have hit over $13 billion.

He  said China was also demonstrating its commitment to Nigeria’s friendship and development through the $1.3billion  Lagos-Ibadan Railway Project.

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He added that the $326 million 30 rice mills projects slated for the various parts of the country, the China EXIM Bank funded $984 Zungeru Hydro-Electricity Project and the $450 million loan for the construction of Keffi Road, all point to his country’s commitment to the growth of the nation’s economy..

He spoke when he led a delegation to the National Assembly to strengthen the bilateral ties between Nigeria and China.

Mr. Jing reaffirmed China’s commitment to Nigeria’s development, saying that Chinese investments in Nigeria stood at $13 billion at the end of 2016.

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