China has approved a RMB200 million grant for Nigeria to support the country’s economic development and facilitate the execution of projects covered by agreements between the two nations.
Chinese Ambassador to Nigeria, Yu Dunhai, announced the development on Wednesday during a meeting with the Permanent Secretary of Nigeria’s Ministry of Foreign Affairs, Dunoma Ahmed.
Yu said the financial assistance reflects Beijing’s continued commitment to supporting Nigeria’s development priorities and economic growth.
He noted that China-Nigeria relations have remained strong since diplomatic ties were established 55 years ago, describing the partnership as an important component of China’s broader engagement with Africa.
According to the ambassador, the China-Nigeria Comprehensive Strategic Partnership is entering a new phase focused on higher-quality cooperation under the leadership of Chinese President Xi Jinping and Nigerian President Bola Tinubu.
He said both governments have continued to maintain close consultations while working towards implementing agreements reached by their respective leaders, as well as the outcomes of the 2024 Forum on China-Africa Cooperation (FOCAC) Beijing Summit.
Yu stressed that China would continue working with Nigeria to ensure that bilateral cooperation produces tangible benefits for citizens in both countries.
In his response, Ahmed expressed appreciation to the Chinese government for its continued assistance towards Nigeria’s economic and social development.
He described the grant as a demonstration of China’s commitment to its partnership with Nigeria and a reflection of the longstanding friendship between both countries.
The Permanent Secretary assured that Nigeria would ensure the funds are effectively utilised while working closely with China to implement existing bilateral agreements.
Ahmed also reaffirmed Nigeria’s commitment to deepening its relationship with China, with a focus on ensuring that the partnership delivers greater benefits to the people of both countries.
