• Contact Us
  • About Us
Tuesday, March 10, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Chinese investments in Nigeria hit $13bn

metro by metro
March 14, 2017
in News
0
0
SHARES
0
VIEWS
The amount of investments from China to Nigeria stood at $13billion as of December 31, 2016.
Deputy Ambassador of the People’s Republic of China to Nigeria, Jin Ping, revealed this when he led a delegation to the Deputy Senate President Ike Ekweremadu in Abuja Tuesday.
Jing who reaffirmed China’s commitment to Nigeria’s development, said his delegation was at the National Assembly to strengthen the bilateral ties between Nigeria and China.
He said China was also demonstrating that commitment to Nigeria’s friendship and development through the $1.3 Lagos-Ibadan Railway Project, $326 million 30 rice mills projects slated for various parts of the country, China EXIM Bank funded $984 million Zungeru Hydro-Electricity Project and $450 million loan for the construction of Keffi Road.
According to a 2014 BBC World Service Poll, 85 percent of Nigerians view China’s influence positively, with only 10percent expressing a negative view, making Nigeria the most pro-Chinese nation in the world.
From 2000 to 2011, there were approximately 40 Chinese official development finance projects in Nigeria.
Responding, Ekweremadu called on the Chinese government to ensure the proper and fair treatment of Nigerians working in Chinese firms in Nigeria.
While appreciating the government and people of China for their support towards Nigeria’s development, especially in the areas of investments, roads, railway, agriculture, and power, among others, the lawmaker also decried reports of alleged mistreatment of Nigerians by their Chinese employers as well as alleged illegal mining by some Chinese nationals in Nigeria.
He said: “We have received reports of discrimination and mistreatment of our citizens working in Chinese factories in Nigeria. We want to see more of Chinese factories and presence in Nigeria to help us reload the private sector. But, we also want to see Nigerians who work in Chinese factories treated like their Chinese colleagues. We welcome you with open hands and we expect you to also treat our people well, like your people”.

Read Also

Rising Fuel Prices Challenge CBN’s Inflation Control, Revives Hardship Fears

Iranian Body To Choose Next Supreme Leader Within 24 Hours — Report

Netanyahu Vows To Carry On War, ‘Eradicate Iranian Regime’

Previous Post

Nigeria’s naira falls after cenbank weakens currency on spot market

Next Post

Glasgow airport rebuilds runway for 4 months — without closing down-The Cable

Related Posts

FTS: Disquiet In Banking, Manufacturing Sectors Over Recapitalisation, Interest Rates
News

Rising Fuel Prices Challenge CBN’s Inflation Control, Revives Hardship Fears

March 10, 2026
Iranian Body To Choose Next Supreme Leader Within 24 Hours — Report
News

Iranian Body To Choose Next Supreme Leader Within 24 Hours — Report

March 7, 2026
Netanyahu Vows To Carry On War, ‘Eradicate Iranian Regime’
News

Netanyahu Vows To Carry On War, ‘Eradicate Iranian Regime’

March 7, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
News

Trump Receives Remains Of US Troops Killed In Iran War

March 7, 2026
Next Post

Glasgow airport rebuilds runway for 4 months — without closing down-The Cable

Nigeria Signs South Korea’s Daewoo To Fix Kaduna Refinery

Oil Falls As Trump Predicts Middle East De-escalation 

March 10, 2026
Iran Says Oil Blockade Continues Until Attacks End, Trump Threatens To Hit Harder 

Iran Says Oil Blockade Continues Until Attacks End, Trump Threatens To Hit Harder 

March 10, 2026
FTS: Disquiet In Banking, Manufacturing Sectors Over Recapitalisation, Interest Rates

Rising Fuel Prices Challenge CBN’s Inflation Control, Revives Hardship Fears

March 10, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version