In meeting with Chinese president, Tinubu reiterates commitment to Nigeria’s economic reforms

President Bola Tinubu on Tuesday reiterated his administration’s commitment to the effective implementation of the country’s ongoing economic reforms.

The President, according to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, made the remarks at a meeting with his Chinese counterpart, Xi Jinping, in Beijing.

He said: “We believe that President Xi has proven to reform the Chinese economy, and our reform program in Nigeria is on the same track. I am a reformer with a verifiable background.

“We have recognized the need to reform our economy; we have done so diligently across the tax and tariff review, and in other segments of our country’s economy.

“Trading and investment partners will have easy access to bring in their investments and withdraw their resources easily.”

In his remarks, Jinping noted the strong mutual understanding between Nigeria and China since the establishment of diplomatic relations over the past 50 years.

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“We have found a way to seek collective strength, through unity and mutually beneficial cooperation.

“China and Nigeria, as major developing countries, strengthening strategic coordination will provide new impetus to China-Africa relations in the new era and spearhead common progress among Southern countries,” Jinping said.

According to the Chinese leader, the 2024 Forum on China-Africa Cooperation (FOCAC) summit, scheduled to be held on September 4–6, provides an opportunity to reflect on shared friendship and advance the consolidation of China-Africa relations.

He said China and Nigeria will continue to work closely within the framework of FOCAC as a model of cooperation between countries.

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