FOCAC : PMB Returns To Abuja


President Muhammadu Buhari on Thursday night , returned to Abuja after attending the Forum on China and Africa Cooperation (FOCAC) in Beijing .
During the six- day visit to China , Buhari held bilateral talks and witnessed the signing of some agreements between Nigeria and China in the areas of Information and Communication Technology ( ICT) and the economy .
He also participated in the high - level dialogue between Chinese and African leaders and business representatives .
At the FOCAC meeting , Buhari expressed the appreciation of ECOWAS member states for China’s increasing investment in the sub - region with the aim of building a prosperous and shared future .
He noted that China was the largest investor in the sub - region in both private and public sectors , covering areas , such as infrastructure development in energy, agriculture , mining and healthcare .
According to him , China also provides significant assistance in emergency , humanitarian aid and response to climate change for Africa .
Buhari, at the FOCAC Round Table on Tuesday, attended by African leaders and Chinese President Xi Jinping , said Nigeria ’s partnership with China through FOCAC had resulted in the execution of vital infrastructure projects worth over $ 5 billion .
Garba Shehu, the senior special assistant to the president on Media and Publicity , who was part of the president ’s entourage to China, reported that Buhari won the crucial support of Jinping , for Nigeria’s aspiration to build the 3050 Megawatts Mambilla hydro -power project .
He revealed that Nigeria and China also signed the agreement of $328 million for the Information and Communication Technology Infrastructure Backbone Phase II ( NICTIB II ) project .
The concessional loan agreement between Galaxy Backbone Limited and Huawei Technologies Limited ( HUAWEI ) was signed by Nigeria’s minister of Finance , Kemi Adesoun, and Wang Xiaotoa , director - general , International Development Agency of China .
The presidential aide disclosed that Nigeria and China also signed a Memorandum of Understanding for the One Belt One Road Initiative (OBOR ).
In Beijing , Buhari also received assurance from the Joint Venture Partners handling the 3050 Megawatts Mambilla Hydro - power Plant , of which arrangements had reached advance stage for the commencement of work in early 2019 .
Buhari received the assurance when he was briefed on time lines for the commencement of work at a meeting with Prof Lyu Ze Xiang , the president of CGCC , the company handling the project .
At separate meetings with prospective Chinese investors on the sidelines of FOCAC, the president assured existing and prospective Chinese investors of high - level support for their investment plans in Nigeria .
The president, at an interactive session with the Nigerian community in China on Saturday , had given assurance that as “ a beneficiary of free and fair elections, I ’m not afraid of a credible process in 2019 . ’’
To this effect , the president reaffirmed his commitment to making sure that the 2019 polls are free , fair and credible . And pledged that Nigerians eligible to vote in the general elections would be allowed to freely elect candidates of their choices .
FOCAC : PMB Returns To Abuja FOCAC : PMB Returns To Abuja Reviewed by Youngblogger on 07 September Rating: 5

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