President Muhammadu Buhari don tell Nigerian and Chinese business communities say make them work harder to reduce between the two countries because say, trading dey currently in China’s favour. One statement wey them issue for Abuja by Femi Adesina, wey be the Special Adviser on Media and Publicity to the President, said Buhari made the call while speaking at a Nigeria-China Business/Investment Forum in Beijing, China, on Tuesday.
President Buhari talk say trade and economic relations between the two countries gats dey mutually beneficial and conducted with respect and trust. Na so nau.
“Although the Nigerian and Chinese business communities have recorded tremendous successes in bilateral trade, there is a large trade imbalance in favour of China as Chinese exports represent some 80 per cent of the total bilateral trade volumes.
This gap needs to be reduced. Therefore, I would like to challenge the business communities in both countries to work together to reduce the trade imbalance.
You must also imbibe the spirit of having a mutually beneficial relationship in your business transactions. You must not see Nigeria as a consumer market alone, but as an investment destination where goods can be manufactured and consumed locally,” he said.
“Last year, during our meeting in New York, President Xi Jinping and I agreed to explore ways of practical cooperation in trade, investment, finance, human resources, agriculture and fishing. We also agreed to strengthen industrial capacity cooperation in the manufacture of cars, household appliances, construction materials, textiles, food processing and others. This is in line with our government’s focus on import substitution through the creation of a diversified and inclusive economy that will meet most of our consumption needs.” he said.
Baba, this one wey you dey do good, but abeg, find do wey go end we suffering nau. As i dey type so, na generator i dey use, and fuel dey born and I dey cry o!
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