Nigeria, China records $16b at trade volume | Independent Newspapers Limited
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Nigeria, China records $16b at trade volume

Posted: Apr 23, 2015 at 7:50 pm   /   by   /   comments (0)

By Chibuzor Emejor –  Abuja


Nigeria’s Ambassador to China, Olushola Patrick Onadipe, has said that the trade volume between Nigeria and China has risen to $16 billion.

Onadipe  stated this  at the Bilateral seminar on economy, diplomacy and management of Nigeria in 2015 held at  the Academy for International Business Officials(AIBO), Beijing, China.

Represented by the Embassy’ Senior Counselor (Economy), Onadipe  commended the bilateral relations  between the two countries.

Also speaking, the Minister and Deputy Chairman, National Planning Commission(NPC), Dr. Abubakar  Sulaiman said Nigeria has  a lot to learn from China’s rich infrastructural history.

Sulaiman also counselled the incoming administration not to jettison the National Integrated Infrastructure Master Plan (NIIMP) put in place by the present administration.

The minister represented by his Special Assistant on Media, Abdulrahman  Abdulrauf, underscored the need for Nigeria to learn from great nations like China in the area of infrastructural development.

Speaking on the concept of Nigeria infrastructural master plan,  he said “It might also interest this gathering to note that as part of the sustainable efforts aimed at fixing our country’s infrastructure, a workable document otherwise called the National Integrated Infrastructure Master Plan(NIIMP) has  been developed.

“The 30-year developmental plan which is holistic in nature, is expected to gulp a whooping N485 trillion ($3.05 trillion). The five-year operational plan of this NIIMP has since taken off and is expected to lapse by 2018.”

He called on Chinese investors to “come and be part of this laudable vision as it will further go a long way in strengthening the bilateral /economic ties between the two countries. Our country’s natural resources can only be effectively harnessed when and if the right infrastructure is in place.”