By Amofokhai Audu
The Presidency on Tuesday revealed that President Bola Tinubu is visiting the People’s Republic of China in the first week of September.
The reason for his visit, according to his Special Adviser on Media and Publicity, Ajuri Ngelale at a briefing on Tuesday, was to engage in a series of meetings and activities with immediate and future benefit to the Nigerian economy and the Nigerian people.
He said Tinubu would conduct site visits to two major Chinese corporations; Huawei Technologies, as well as the China Rail and Construction Corporation, (CRCC).
Ngelale explained that this is to achieve one of the President’s top agenda items, which is the completion of the Ibadan to Abuja segment of the Lagos to Kano high-speed rail line.
He said Tinubu would meet 10 selected chief executive officers of 10 major Chinese corporations with assets under management totaling over $3 trillion US dollars across multiple sectors of the economy, including information and communications technology, refining oil and gas, aluminum production, seaport construction, harbour construction and dredging services, financial services, satellite technology development, as well as many other critical sectors.
According to him, Tinubu would hold talks with Chinese President Xi Jinping, during which both leaders would sign several Memoranda of Understanding to strengthen bilateral ties.