Highlights Of President Buhari’s 6-Day Official Visit To China

While in the People’s Republic of China, President Muhammadu Buhari participated in the 7th Forum on China-Africa Cooperation (FOCAC) between September 3 – 4 2018 in Beijing, China. The President led Nigeria’s delegation in bilateral meetings with President Xi Jinping, as well as in business engagements with the Chinese private sector.

President Buhari was accompanied to China by Ministers of Finance Kemi Adeosun; Transportation Rotimi Amaechi; Power, Works & Housing Babatunde Fashola; Budget & National Planning Udom Udo Udoma; Petroleum Ibe Kachukwu; Industry, Trade & Investment Okechukwu Enelamah; and Minister of State, Aviation Hadi Sirika.

During the Bilateral Meeting led by Presidents Buhari and Xi, two important Agreements were signed:
1. MOU for the ‘One Belt One Road’ Initiative (OBOR).
2. $328m financing agreement for the National Information and Communication Technology Infrastructure Backbone.

At that meeting, Nigeria received the blessings of the President of the People’s Republic of China, Xi Jinping, for the construction of the Mambilla Project, Nigeria’s largest hydroelectric power plant. Work on the power project will commence on the site in early 2019.

During the President’s visit to China, the Nigerian delegation signed a total of thirteen agreements, valued at more than US$10bn, with more to be signed subsequently by the Nigeria Investment Promotion Council (NIPC) and the Attorney-General & Minister of Justice of the Federation.

The Agreements were signed between the Nigerian Government and Chinese businesses, and between Nigerian businesses and their Chinese counterparts.

FTC

Him still dey China?

Me I no Understand Diz our Yen ooo ABI na Yenagoa Swap Deal... Shebi Techno, Infinix, Itel,Xiaomi etc.. are all China Phone buh I Neva see dem been sold for 10k with 2gb ram and 16gb rom at d market wetin happen?. some people will come here now and start doing some invisible Maths wey no get results....

someone bring frying pan let's fry beans

These people think we are daft.

Nigeria receives $322million refund from Switzerland which has now been shared with nameless and faceless poor Nigerians. However, we go borrow $328million to fund telecomms infrastructure backbone. Shouldn't the Swiss refund have been used for the telecomms infrastructure backbone?

So in summary, we have borrow $328million from China to share with faceless and nameless Nigerians. What a shame. We all know that there isn't going to be any telecomms infrastructure backbone.... they will just share some money to themselves, pay the Chinese a royalty and nothing gets done.

Borrow Borrow Borrow

All is well

i thought this would be my opportunity to make first to comment but lo and behold i opened nairaland without logging in and before i could log in i was overtaken by some people this is really sad

We have not diversified our economy. How do we pay for all this in the future?

Meanwhile, Las Las Our Army are not just good in Python dancing... They can capture towns back. Kudos

Recolonization of Nigeria by Chinq

The dullard Don sale up Nigeria..This lifeless idiot Don Finish this country walahi.!

Please Naija I beg thee not to sign onto the one belt, one road initiative. It has has left so many countries in debt.



Buhari why ooo?!?!

Gm5chew

*NIGERIANS WILL NEVER FORGET THESE QUOTES:*
These were the words that turned my head for Buhari in 2015.
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*"A serious government will fix power problem in six months." - Babatunde Raji Fashola (November 12, 2014)*
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*" Buhari will reduce petrol to N40 per litre from N87– David-West." ( April 14, 2015, Daily Post)*
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*"Stone us [APC] if we do not perform after two years." - Tony Momoh ( April 3, 2016, The Guardian)*
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*"The only way to have stable electricity is to vote out PDP." - Babatunde Raji Fashola (July 12, 2014, The Nation)*
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*"We seriously frown at President Goodluck Jonathan, over the unceremonious removal of the Group Managing Director of NNPC, Mr Andrew Yakubu." -(APC, August 4, 2014, Channels TV)*
....
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*"It's Time To Restructure Nigeria: The present situation of things where all component units get monthly allocation from the Federal Government only makes the states lazy and unproductive." - Nasiru El-Rufai (August 2010)*
....
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*"Jonathan should resign if he has no solution to the violence being unleashed on some parts of the country." - Nasiru El-Rufai (August 2012)*
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*"The only solution to the present political uncertainty in the country is for the National Assembly to set machineries in motion for the impeachment of ailing President Umaru Musa Yar'Adua." - Muhammadu Buhari (March 10, 2010, Sun Newspapers)*
...
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*"Waste: Let me give an instance, presently, there are more than 6 aircraft in the presidential fleet. What do you call that? "Billions of naira is budgeted every year for the maintenance of these aircraft not to talk of operational cost and other expenses." - Muhammadu Buhari (February 2015, Nigerians in UK)*
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*"We intend for instance, to bring back our National carrier, the Nigerian Airways. We shall do this by bringing all the aircraft in the presidential fleet into the Nigerian airway and within a year increase the fleet into about 20." -Muhammadu Buhari (February 2015, Nigerians in UK)*
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*"Why do I need to embark on a foreign trip as a president with a huge crowd with public funds?*
*"Why do I need to go for foreign medical trip if we cannot make our hospital functional?" - Muhammadu Buhari (February 2015, Nigerians in UK)*
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*"Why is the nation's currency, the Naira, now trading for N180 per Dollar, while the South African Rand is trading at R11 to one United States Dollar?" - Babatunde Raji Fashola (Dec 26, 2014, The Nation)*
...
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*"Give Nigerians a daily update on the health of President Umaru Yar'Adua to stem the growing rumours surrounding his state of health." - Lai Mohammed (December 21, 2009, The Nation)*
..
*"Amaechi is not only clean but a tool to free Nigeria from the corruption imposed on us by those who hate our nation." - APC (October 24, 2016, Vanguard)*
...
*"The recent proscription of Boko Haram and Ansaru violates the Constitution." - Lai Mohammed (June 10, 2013, The Nation*
...
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*" I’m opposed to fuel subsidy removal – Buhari.
General Muhammadu Buhari declared that he is completely opposed to the removal of fuel subsidy by the Federal Government. (December 9, 2011, Vanguard)*

Forget highlights

When is China taking over Nigeria in order to pay debt owned

Diz one just dey travel anyhow

Work: you no go work
Job : you no go create
Security :mba is not even in your agenda


You are going home come 2019
Daura

My problem with these sketchy leaders.
News headline: wants to build largest hydroelectric power plant. etc

What happens to building a small prototype and scale?

Chin chon tengi MI u, posidnt mubunri Condon bin. Irvin lenchu chua ree- menchon hush Chen nu Yi.

It was when Chinese Prime Minister made the above statement that accept those ppl are out to help us...... Lii ol

God knows best

TooNoisy:
These people think we are daft.

Nigeria receives $322million refund from Switzerland which has now been shared with nameless and faceless poor Nigerians. However, we go borrow $328million to fund telecomms infrastructure backbone. Shouldn't the Swiss refund have been used for the telecomms infrastructure backbone?

So in summary, we have borrow $328million from China to share with faceless and nameless Nigerians. What a shame. We all know that there isn't going to be any telecomms infrastructure backbone.... they will just share some money to themselves, pay the Chinese a royalty and nothing gets done.

you people should stop digracing yourself. The swizz money was meant for another thing entirely base on agreement between Nigeria, world bank and swizz before was released. The money meant for borrowing is for another thing entirely but you people will not bother to read and comprehend but to share rubbish on facebook and other social media. Lazy youth!

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I can't relate Switzerland return Abacha's loot valued to the set amount u borrowed from China, who is fooling who here biko