Bauchi, Chinese province sign MoU to promote investment


The Bauchi State government in North East Nigeria has signed a Memorandum of Understanding (MoU) with the Shandong Province of China to promote trade and investment, build industrial  capacity, boost green energy  to enhance low carbon as well as improve food security  and fight poverty.


The Bauchi State governor, Alhaji Bala Mohammed, who signed the agreement on behalf of the state,  promised to deepen cooperation with Shandong province  in his address on Monday during the 2023 World Cities Forum and Regional Leaders Summit, which was held in Jinan, the capital  city of Shandong province with the theme “ Green Development, Low Carbon Life”.


Governor Mohammed, who led a strong delegation  of entrepreneurs, noted that China has demonstrated  friendship and fraternity towards Africa and the rest of the world with massive investment  in infrastructure, agriculture, ICT and cultural exchanges. He added that investment  in green energy will help to reduce the impact of climate change and address the issue of poverty.


He said “ we are here to formalise our sister relationship with the Shandong province. At the beginning  of such a relationship, I see the prospect of an enduring friendship and a mutually  beneficial relationship for our sister states and people”.


The governor, who gave assurance of his government’s  commitment and reciprocity  said “ we are ready to do business because we believe  in the sincerity of the  Chinese.”


“Nigeria and China had shared a relationship  of mutual respect with Nigeria being China’s third largest trading partner in Africa and China being Nigeria’s largest source of imports. The renewed commitment towards  improving the bilateral cooperation between the two countries, has most recently been bolstered with major  sectors  witnessing development driven by strategy and investment” the governor added.



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