* Says his economic reforms similar to Chinese
By Chesa Chesa
President Tinubu says his administration remains committed to sustainable growth through the effective implementation of ongoing economic reforms, like the Chinese government has done.
He spoke in Beijing during his meeting with Chinese President Xi Jinping, before his participation in the 2024 Summit of the Forum on China-Africa Cooperation, scheduled to hold from September 4-6, 2024.
”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 recognized the need to reform our economy, and we are doing so diligently across tax and tariff reviews, to various 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.
In his remarks, President Xi 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,” President Xi said.
According to the Chinese leader, the 2024 FOCAC Summit 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.
During the meeting, both presidents witnessed the signing of several Memoranda of Understanding (MOUs) on various areas of mutual interest:
(1) Cooperation plan between Nigeria and China on jointly promoting the Belt and Road Initiative
(2) Memorandum of Understanding on cooperation in the peaceful application of Nuclear Energy
(3) Memorandum of Understanding on strengthening cooperation on Human Resource Development under the Global Development Initiative
(4) Memorandum of Understanding on Media Exchange and Cooperation
(5) Memorandum of Understanding between China Media Group and the Nigerian Television Authority.
