AFTERMATH OF PROTEST: FG MEETS U.S, CHINA, MOVES TO UNLOCK NEW INVESTMENT OPPORTUNITIES

By Dele Ogbodo

In what can be described as landmark moves in the aftermath of the nationwide recent protest, the Federal Government through the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Friday met with the United States Ambassador Richard Mills and a Chinese delegation led by Minister Counsellor, Mr. Wang Yingzi, in his office in Abuja.

Minister acknowledged that the meetings which were held at high level deliberations is also geared to address socio-economic challenges in the light of recent protests.

The meeting which at the instance of the Minister separately was also in a bid to fortify bilateral relations and unlock new avenues for economic growth and socio-economic development in the country

The Director of Media and Communication at the Ministry, Mr. Mohammed Manga, reiterated that the meeting aimed at strengthening bilateral relations between the two countries and exploring avenues for economic collaboration.

Manga, quoted the Minister as saying that the meeting is also geared to address socio-economic challenges in the light of recent protests.  

During the meeting, Edun emphasized that Nigeria, through the Federal Ministry of Finance, remains dedicated to cultivating international collaborations that will enhance the economic well-being of the citizenry, stressing that the visit marks a significant step forward in achieving that goal.

With a shared commitment to driving economic prosperity and proffering socio-economic solutions, Nigeria and the United States are poised to strengthen their partnership, fostering a brighter future for their citizens. 

This strategic engagement, therefore, comes at a pivotal moment, as both nations seek to navigate the complexities of global economic dynamics and address pressing socio-economic challenges.

In a similar development with the Chinese, he said: “In a landmark move to bolster economic ties and unlock new investment opportunities in the country, the Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun today in his office in, Abuja, played host to a high-level Chinese delegation led by Minister Counsellor Wang Yingzi, setting the stage for a strengthened Nigeria-China alliance. 

“The meeting focused on next month’s Forum on China-Africa Cooperation (FOCAC) and explored strengthening Nigeria-China relations. 

“Minister Counsellor, Wang expressed China’s commitment to increasing investments in Nigeria and he pledged continued support from Chinese financial institutions.” 

According to the statement, Edun, welcomed this partnership, highlighting the importance of Chinese investments in promoting economic growth, job creation, and poverty alleviation across the nation.

“The strategic engagement sets the stage for a stronger Nigeria-China alliance, fostering mutual economic benefits and cooperation.

“With a renewed commitment to cooperation, both nations are poised to harness the vast potential of their bilateral relations, driving prosperity and development for the benefit of their citizens. 

“The Ministry looks forward to a fruitful outcome from the forthcoming Forum on China-Africa Cooperation (FOCAC) and a strengthened Nigeria-China alliance.” He said.

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