₦airaland Forum

President Muhammadu Buhari will
pay a state visit to China
between Monday to Friday next
week at the invitation of Chinese
President Xi Jinping, Foreign
Ministry spokesperson Lu Kang
announced on Wednesday.
“China and Nigeria enjoy a
traditional friendship. This year
marks the 45th anniversary of
China-Nigeria diplomatic ties,” Lu
said at a daily press briefing.
During the visit, President Xi
Jinping will hold talks with
Buhari, and Premier Li
Keqiang and top legislator Zhang
Dejiang will have separate
meetings with him, exchanging
views on bilateral relations and
issues of common concern, Lu
said.
The two sides will sign
cooperation agreements and
jointly hold a forum on production
capacity cooperation as well as a
reception marking the 45th
anniversary of diplomatic ties,
said Lu.
Calling Nigeria “a major strategic
partner of China in Africa,” Lu said
the two countries have
maintained frequent high-level
visits, cooperated for strong
results and maintained positive
communication and coordination
in international affairs over the
past 45 years.
“We believe President Buhari’s
visit will give new impetus to the
all-round development of the
China-Nigeria strategic
partnership of cooperation,” Lu
said.
Buhari will also visit Shanghai, an
economic hub in east China, and
Guangzhou, capital of south
China’s Guangdong Province.


thenationonlineng.net/china-ready-for-buharis-visit/

President Muhammadu Buhari will visit China on Sunday to sign a loan infrastructure projects deal worth about $2 billion and the low interest loan is to be deployed to finance the N3 trillion deficit in the budget. Though the exact figure for the loan is yet to be confirmed, the Presidency and Chinese foreign affairs ministry confirmed the visit. The President’s Special Adviser on Media and Publicity, Mr Femi Adesina, who disclosed this in an interview with Reuters, said: “I can’t tell you how much until the day the loan will be signed. Both countries will also be signing some bilateral agreements to strengthen their relationship, that is all I can say for now.” In February, financial and government sources said the loan could be as high as $2 billion, but officials have not provided an update since then. The federal government had said it would raise about $5 billion abroad to cover part of its 2016 budget deficit which could be as high as N3 trillion. Lu Kang, Chinese foreign ministry spokesman, had earlier said Buhari would visit China from April 11-15 to sign “cooperation agreements” and attend a business forum. When the Finance Minister, Kemi Adeosun, visited China in February, a Nigerian government official said the loan deal she agreed on could be signed by President Muhammadu Buhari. “The Finance Minister, in the company of the Central Bank Governor, is scheduled to be in China sometime next week to conclude negotiations on the $2 billion loan,” the official said. Adeosun had earlier said the country was looking for a loan with about 1.5 per cent interest. “We looked at our debt profile and we recognised that one big problem is interest rate. So, we are going to try and borrow as far as possible externally. “We are borrowing at the cheapest rates. So, multilateral loans are the cheapest. If someone offers me 1.5 per cent over 20 years, I think I should take it. "That is why we are going to the multilateral agencies first and, thereafter, concessional borrowing and also tap into the Eurobond market,” the minister had said at a KPMG forum in Lagos.
www.vanguardngr.com/2016/04/buhari-heads-to-china-to-borrow-2bn/

Impetus abi? Oga Buhari abeg na development sure pass. Ask them for help if possible cos we could do alot with the Assistance.

Mr waka waka,
House dey fire,
e dey fly to China,

Oga i take God beg you,

Abeg fuel been cost i no complain,

Dollar rise i no complain,

Ashawo sef top price i no complain,

Rice add money i no complain,

But Garri don come be 4 cups 100 naira, and na him i dey chop everyday,

Baba Buhari, i no wan change again,
#bringbackourgarri

Au revoir El dulAdoo

Au revoir El Duladoo

I think its high PMB tone down his travelling.

Fedayeen:
Au revoir El dulAdoo

le Baba Buhari, le lie for us, le bring change,
Le change we no see eh,

Can buhari send dis man to atleast venezuala?

Fedayeen:
Au revoir El Duladoo

you guys no get chill here mehn...

@Topic: Nigeria now has a President resident abroad who visits the country from time to time. Congratulations.

When illiterates rule, the poor suffer.

this is not ordinary, we need to pray for baba

Omo ori irin

Arinka nja bata..

Wakawaka dey tear shoe.....