Tag: China

2016 Chinese Investment Total: $13 Billion

The Chinese Deputy Ambassador to Nigeria, Mr. Lin Jing, has declared Chinese investments in Nigeria to have hit over $13 billion at the end of 2016.

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

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.

MoU: Nigerian & Chinese Companies on Digital Television & ICT Cooperation

Nigeria & China - The Nigerian Diplomat

A group of Chinese companies with strategic partners in Nigeria has signed a Memorandum of Understanding (MoU) to establish the latest technology and biggest Direct-To-Home digital television across all states in the West African country – the agreement covers digital television cooperation, information and communication technology (ICT) and other sectors