• About
  • Advertise
  • Contact
Tuesday, June 9, 2026
  • 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

ECOWAS Marks 51st Anniversary With Plastic-Free Campaign In Senegal

Nigeria Reaffirms One-China Policy, Seeks Deeper Economic Partnership With Beijing

Tinubu, Kagame, Agree To Deepen Bilateral Relations Between Nigeria, Rwanda

Ted Turner, Creator Of CNN And The 24-Hour News Cycle, Dies @87

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

ECOWAS Marks 51st Anniversary With Plastic-Free Campaign In Senegal
Environment

ECOWAS Marks 51st Anniversary With Plastic-Free Campaign In Senegal

June 6, 2026
Nigeria Reaffirms One-China Policy, Seeks Deeper Economic Partnership With Beijing
Foreign

Nigeria Reaffirms One-China Policy, Seeks Deeper Economic Partnership With Beijing

May 20, 2026
Tinubu, Kagame, Agree To Deepen Bilateral Relations Between Nigeria, Rwanda
Foreign

Tinubu, Kagame, Agree To Deepen Bilateral Relations Between Nigeria, Rwanda

May 14, 2026
Ted Turner, Creator Of CNN And The 24-Hour News Cycle, Dies @87
Entertainment

Ted Turner, Creator Of CNN And The 24-Hour News Cycle, Dies @87

May 6, 2026
Nigeria, Ghana Sign MoU To strengthen Ties Against Drug trafficking
Crime

Nigeria, Ghana Sign MoU To strengthen Ties Against Drug trafficking

May 5, 2026
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

Man Suspected To Be Drug Supplier To Bandits Arrested In Kogi With N600,000 Cash

Man Suspected To Be Drug Supplier To Bandits Arrested In Kogi With N600,000 Cash

8 months ago
Restoring Peace To Bassa LG, One Of My Legacy Achievements – Bello

Restoring Peace To Bassa LG, One Of My Legacy Achievements – Bello

2 years ago

NLNG, LCCI Partner On Nigeria Prize For Science

3 years ago
Nigeria, Sweden Deepen Ties On Trade, Innovation, Regional Stability

Nigeria, Sweden Deepen Ties On Trade, Innovation, Regional Stability

3 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
  • Housing
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

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

Highlights

Xenophobia : FG To Begin Evacuation Of Nigerians From S/Africa On Thursday, First Batch To Arrive Lagos

Four killed, 24 injured In Warri–Itakpe Train crash, Senator Ede Dafinone, Ex-Delta SSG, Patrick Ukah In Narrow Escape

Surge In Borno Cholera Outbreak 7,850 Cases, 74 Deaths Recorded, Health Facilities Overwhelmed

Tegbe Resumes Office, Pledges Reforms, Accountability, Visible Progress In Power Sector

Dangote Named Africa’s Most Admired Brand for 8th Consecutive Year

Demand For Delineation Escalates As Ijaw, Urhobo Youths, Women Shut Down 13 Oil Flow Stations, Over 400,000bpd Lost

Trending

Ekiti State University Deputy Registrar, Afolabi, Collapses, Dies While Writing Test To Become Substantive Registrar
Education

Ekiti State University Deputy Registrar, Afolabi, Collapses, Dies While Writing Test To Become Substantive Registrar

by Vital News
June 9, 2026
0

A Deputy Registrar with Ekiti State University, Ado Ekiti, Dr Solomon Oluwashola Afolabi suddenly died on Tuesday...

PDP Re-Elects Mohammed, Anyanwu As Chairman, Secretary

INEC Removes Two Officers Of Turaki -led PDP From Portal, Lists Wike’s Loyalists As Replacements

June 9, 2026
FG Establishes Task Force On Ebola, Sets Aside N10bln For Emergency Preparedness

FG Establishes Task Force On Ebola, Sets Aside N10bln For Emergency Preparedness

June 9, 2026
Excitement As FG Reintroduces Payment Of Gratuity To Federal Civil Servants

Xenophobia : FG To Begin Evacuation Of Nigerians From S/Africa On Thursday, First Batch To Arrive Lagos

June 9, 2026
Four killed, 24 injured In Warri–Itakpe Train crash, Senator Ede Dafinone, Ex-Delta SSG, Patrick Ukah In Narrow Escape

Four killed, 24 injured In Warri–Itakpe Train crash, Senator Ede Dafinone, Ex-Delta SSG, Patrick Ukah In Narrow Escape

June 9, 2026
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

  • Ekiti State University Deputy Registrar, Afolabi, Collapses, Dies While Writing Test To Become Substantive Registrar June 9, 2026
  • INEC Removes Two Officers Of Turaki -led PDP From Portal, Lists Wike’s Loyalists As Replacements June 9, 2026
  • FG Establishes Task Force On Ebola, Sets Aside N10bln For Emergency Preparedness June 9, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Housing
  • ICT
  • 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