Former All Progressives Congress (APC) presidential aspirant, Moses Ayom, has lauded President Bola Ahmed Tinubu’s efforts in enhancing Nigeria’s economic partnership with the People’s Republic of China. Ayom, a prominent international businessman with a focus on bolstering Nigeria-China relations, praised the recent Memorandum of Understanding (MoU) signed in Beijing, which focuses on the peaceful use of nuclear energy, among other agreements aimed at deepening bilateral ties between the two nations.
The MoU signing, which took place in Beijing and was witnessed by both President Tinubu and Chinese President Xi Jinping, signifies a renewed commitment to fostering economic growth and development between Nigeria and China. Ayom emphasized that these agreements represent a significant step forward for Nigeria’s economy, opening new opportunities for growth.
Drawing from his experience as part of the 2016 Nigerian Presidential delegation to China, Ayom urged President Tinubu to expedite the activation of a $1.2 billion mining equipment investment deal signed between Nigeria and China in that same year. According to an audit conducted by certified accountants, further delays in implementing this agreement could lead to economic losses amounting to approximately N500 billion, which could have severe implications for both economies.
As the first APC presidential aspirant to step aside in favor of President Tinubu, Ayom expressed his appreciation for the steps taken so far to revive Nigeria’s struggling economy. He emphasized the importance of Nigeria demonstrating its commitment to international agreements, particularly with China, to solidify the country’s reputation on the global stage.
Ayom highlighted the transformative potential of the mining equipment deal, noting that its implementation could significantly impact Nigeria’s economy by creating employment opportunities, particularly for the nation’s youth. He called for swift action to ensure that the benefits of the Nigeria-China partnership are fully realized, further strengthening the economic bond between the two countries.
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