Abuja and Beijing have pledged to deepen their strategic partnership, specializing in clear power, protection, finance, and regional safety. Each nations introduced this growth in the course of the current go to of China’s International Minister, Wang Yi, to the West African nation. This go to builds on current high-level engagements between the 2 nations, together with President Bola Tinubu’s September go to to China, which elevated bilateral ties to a “complete strategic partnership.” Alongside his Nigerian counterpart, Yusuf Tuggar, Yi reaffirmed China’s help for Nigeria’s issuance of Panda bonds to finance infrastructure and introduced that Beijing is learning the potential for increasing a forex swap settlement with Abuja. Yi additionally emphasised China’s dedication to supporting Nigeria in addressing regional safety challenges by voting for Africa’s curiosity on the United Nations Safety Council. Yi’s go to, a part of a wider four-nation tour of the continent, is a part of China’s broader initiative to strengthen its affect throughout Africa.
Supply: Reuters