President Bola Ahmed Tinubu yesterday said his administration remained committed to sustainable growth through the effective implementation of ongoing economic reforms.
The President made the remark at a meeting with Chinese President, Xi Jinping, in Beijing, China, said his spokesman, Ajuri Ngelale, in a statement.
“We believe that President Xi has demonstrably reformed the Chinese economy, and our reform programme in Nigeria is on a similar course. I am a reformer with verifiable antecedents.
“We have recognised the need to reform our economy; we are doing so diligently across tax and tariff reviews, and to other segments of our nation’s economy.
“Trading and investment partners will have easy access to bring in their investments and seamlessly take their resources out,” the President stated.
Also yesterday, Memoranda of Understanding were signed between Nigeria and China to strengthen the partnership between them.
Presidents Tinubu and Jinping watched as Minister of Budget and National Planning Atiku Badugu signed on behalf of Nigeria while Chairman, China National Development and Reform Commission, Mr. Zhang Shanjie signed for his country.
Jinping noted the strong mutual understanding between Nigeria and China since the establishment of diplomatic ties over the past 50 years.
“We have found the path of seeking collective strength, through unity, and win-win cooperation.
“China and Nigeria, as major developing countries, strengthening strategic coordination, will inject fresh impetus to China-Africa relations in the new era and spearhead common progress among Global South countries,” Jinping said.
According to the Chinese leader, the 2024 Forum on China-Africa Cooperation (FOCAC) Summit, scheduled to hold between today and Friday, provides an opportunity to reflect on mutual friendships and advance the consolidation of China-Africa relations.
He pledged that China and Nigeria would continue to work closely within the FOCAC framework as a model of cooperation between nations.
President Tinubu will speak in his capacity as Chairman of Authority of Heads of States on behalf of the Economic Community of West Africa States (ECOWAS).
_Tinubu Vows to Complete Ibadan-Abuja-Kaduna-Kano Railway Project_
President Tinubu yesterday gave assurances that the Ibadan-Abuja-Kaduna-Kano railway project would be completed to the satisfaction of Nigeria and West Africa at large.
Tinubu said this during a visit to the headquarters of China Railway Construction Corporation (CRCC) in Beijing, a statement by Ngelale, said.
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