• About
  • Advertise
  • Contact
Thursday, October 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Foreign

China Not Taking Over Nigeria’s Critical Assets As Debt Repayment – Envoy

Vital News by Vital News
September 22, 2022
in Foreign
0
Share on FacebookShare on Twitter

By Lizzy Okoji

Abuja – Mr Cui Jianchun, Ambassador of the People’s Republic of China to Nigeria says his country has no intention of taking over Nigeria’s critical assets as repayment for loan in the event of default.

Jianchun made this known during the visit of the Chinese Special Representative on African Affairs, Liu Yuxi to Nigeria’s Minister of State for Foreign Affairs, Zubairu Dada on Thursday in Abuja.

The visit of the Chinese Special Representative to Africa is geared at strengthening the already strong bilateral relations between Nigeria and China.

He expressed the willingness of China to work with Nigeria for the benefit of both countries.

RelatedStories

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

Japan Gets First Female Prime Minister

Hamas Agrees To Release All Hostages In Gaza, Pushes For Talks On Other Issues

Representative on African Affairs, Amb. Zubairu Dada, Nigeria’s Minister of State for Foreign Affairs, Mr Cui Jinachun, Chinese Ambassador to Nigeria on Thursday in Abuja.

Jianchun said that China and Nigeria are working on the bases of mutual trust and that his country has no intention whatsoever to take over Nigeria’s assets in a situation where Nigeria failed in the repayment of the loan it took from China.

He added that it is not part of the agreement reached between the two countries as insinuated in some quarters.

Yuxi while expressing the Chinese government’s full commitment to improved bilateral relationships with Nigeria, appreciated Nigeria for upholding the One China Policy.

He said China just like Nigeria will continue to support the policy of Non-interference at the International level.

The Special Envoy stressed the need for China and Nigeria to strengthen their collaboration, especially in the area of Climate Change as he pledged his country’s zeal to continue to support Nigeria in the fight against terrorism through military cooperation.

Yuxi said with the successes recorded in the fight against Covid 19, China will now strengthen its exchange programmes with Nigeria for more knowledge sharing.

Dada, in his remarks, said Nigeria cherishes the relationship that exists between the two countries which he pointed out has improved tremendously over time.

He said the commitments so far shown by the Chinese government in assisting Nigeria to address the challenges of decaying infrastructure and building new ones have clearly demonstrated the level of friendship between the two countries.

The Minister said that the Chinese Government’s support in the areas of Railway and Energy infrastructure such as the Zungeru Hydro Electric Power Project and the AKK Gas Pipeline are a few examples of the commitments of China to Nigeria’s development.

Dada said that China indeed remained the friend in need to Nigeria and the entire African continent.

He also recalled his participation at the FOCAC Meeting in Senegal where China earmarked 15 projects for Nigeria, calling on China to expedite action on these earmarked projects for the benefit of all Nigerians.

The minister, therefore, pledged Nigeria’s resolve to the One China Policy and also thanked the Chinese government for all the support Nigeria received from China at the International level, promising Nigeria’s reciprocal support to China as and when due.

Dada used the occasion to call for more investments into Nigeria by the Chinese investors as Nigeria according to him is thirsty for more investments. (NAN / vitalnewsngr.com)

Tags: AssetsChinacriticaldebt
Previous Post

AfDB Approves $20mln Concessional Investment For COVID-19

Next Post

Troops Kill 36 Terrorists, Arrest 2 Collaborators, Rescue 130 Persons In Borno

Vital News

Vital News

RelatedStories

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India
Foreign

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

October 15, 2025
Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire
Business

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

October 12, 2025
Japan Gets First Female Prime Minister
Foreign

Japan Gets First Female Prime Minister

October 4, 2025
Foreign

Hamas Agrees To Release All Hostages In Gaza, Pushes For Talks On Other Issues

October 3, 2025
SCO And The Growing Influence Of The Global South, An analysis  –  Lawal Sale
Foreign

SCO And The Growing Influence Of The Global South, An analysis – Lawal Sale

August 26, 2025
Next Post

Troops Kill 36 Terrorists, Arrest 2 Collaborators, Rescue 130 Persons In Borno

Amid Festering Crisis, Wike Vows To Remain In PDP

Fayemi Out, Tambuwal In As New NGF Chairman

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

2 years ago
Nigeria Children Join Others To Vote 2023 Winner Of World’s Children’s Prize

Nigeria Children Join Others To Vote 2023 Winner Of World’s Children’s Prize

3 years ago
FG Says Floods Looming, Alerts Nigerians To Rising Levels Of Water In River Niger

Niger Govt. Confirms 22 Dead In Boat Mishap, 18 Bodies Recovered

11 months ago
FAAC Shares N1.35tn June Revenue Among FG, States, LGs

FAAC Shares N1.659trillion May 2025 Revenue To FG, States, LGs

4 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Trailer Crushes Female University Lecturer To Death In Lokoja

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

National Orthopedic Hospital Jalingo Signs MoU With Police Health Maintenance Limited

Former Kogi Senator In Trouble Over Attempts To Scuttle Appointment Of Amupitan As INEC Chairman, Action Raises Dust Among Kinsmen

Trending

Professor Amupitan Resumes Office As New INEC Chairman
News

Professor Amupitan Resumes Office As New INEC Chairman

by Vital News
October 23, 2025
0

Professor Joash Amupitan on Thursday resumed office as the new Chairman of the Independent National Electoral Commission...

Dangote Denies Ownership Of Truck Involved In Enugu Accident

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

October 23, 2025
Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

October 23, 2025
Trailer Crushes Female University Lecturer To Death In Lokoja

Trailer Crushes Female University Lecturer To Death In Lokoja

October 23, 2025
Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

October 22, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Professor Amupitan Resumes Office As New INEC Chairman October 23, 2025
  • Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident October 23, 2025
  • Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman October 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In