• About Us
  • Contact Us
  • Privacy & Policy
Wednesday, October 22, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Tinubu Woos Chinese Investors: Nigeria is Safe, Open for Business, Says President in Bid to Attract Foreign Capital and Strengthen Economic Ties

Martins Nwakaji by Martins Nwakaji
June 1, 2024
in National, News
Reading Time: 3 mins read
A A
0
Tinubu Woos Chinese Investors: Nigeria is Safe, Open for Business, Says President in Bid to Attract Foreign Capital and Strengthen Economic Ties
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

President Bola Tinubu has proclaimed Nigeria as a secure haven for investments and has vowed to extend the necessary assistance to ensure the prosperity of businesses within the nation. Mr. Tinubu articulated this commitment during a meeting with a delegation led by the chairman of the China Railway Construction Corporation (CRCC), Dai Hegen, at the State House on Friday.
He reassured the Chinese business executives that their investments in Nigeria were secure and that his administration would further fortify the business environment.

The president emphasized that his government is eager to enhance business partnerships with the company, as well as enhance critical infrastructure and facilities.
“I have carefully considered your proposals. Your operations are in line with our goals. We are implementing economic reforms and undertaking vital measures to ensure rapid growth.
“The CRCC, along with its subsidiary, CCECC, is a prominent company and an excellent collaborator. I am pleased that you are engaging with Nigeria in various sectors, particularly in railway construction.
“We will make every effort to ensure the completion of the rail link between the Ibadan terminus of the Lagos-Ibadan railway and the Federal Capital Territory. It is imperative to connect the inland regions with our coastal seaports.
“I am proud of the inception of the Lekki Free Trade Zone during my tenure as Governor of Lagos State. It has now flourished. It is crucial to assure you that we will strive to reinforce our partnership and relations,” Mr. Tinubu stated.

The president commended the corporation, especially its subsidiary, China Civil Engineering Construction Corporation (CCECC), for their contributions to infrastructural projects in the country.
Mr. Tinubu urged the corporation to explore additional avenues of collaboration, particularly in solid minerals.
“The door is open for collaboration, a collaboration that will benefit both parties. Solid mineral development represents the next frontier for mutually advantageous growth and cooperation.
“We need each other. Success is a mutually beneficial journey.
“We assure you that your investment is secure in our nation. Your success here will undoubtedly enhance your reputation in other countries,” the president affirmed.
In his address, the chairman of the CRCC highlighted ongoing and completed projects undertaken by the corporation.

“In the realm of railway construction, the Kano-Kaduna Railway is currently 39 percent complete and is on track for finalization in the second quarter of 2026.
“The Abuja-Kaduna Railway and Lagos-Ibadan Railway have collectively transported approximately 9 million passengers since their completion and inauguration.
“Freight services along the Lagos-Ibadan axis officially commenced in September 2023, with a total of 180,000 tons of cargo transported,” he revealed.
Mr. Hegen also mentioned that the corporation has entered into investment cooperation agreements with 119 companies, generating investments totaling $3 billion and creating 4,000 direct job opportunities for Nigerians, in addition to paying $125 million in taxes.

He extended an invitation from the Chinese government to Mr. Tinubu to attend the Forum on China-Africa Cooperation (FOCAC) to further enhance cooperation in areas of mutual interest.
“With Your Excellency’s support, we aim to expand our investments in key sectors such as agriculture, power, solid minerals, natural gas, and renewable energy technologies to advance the economic development of the country,” the CRCC chairman concluded.
By: Nwakaji Peace Martins

Martins Nwakaji

Martins Nwakaji

Related Posts

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule
National

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

4 hours ago
Doctors strike: NARD to review FG’s response
National

Doctors strike: NARD to review FG’s response

5 hours ago
Majority Leader didn’t break my head – Abia Assembly member Akachukwu
National

Majority Leader didn’t break my head – Abia Assembly member Akachukwu

5 hours ago
TCN announces power outages in Abuja, Enugu
National

TCN announces power outages in Abuja, Enugu

5 hours ago

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule
National

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

4 hours ago
Doctors strike: NARD to review FG’s response
National

Doctors strike: NARD to review FG’s response

5 hours ago
Majority Leader didn’t break my head – Abia Assembly member Akachukwu
National

Majority Leader didn’t break my head – Abia Assembly member Akachukwu

5 hours ago
TCN announces power outages in Abuja, Enugu
National

TCN announces power outages in Abuja, Enugu

5 hours ago
PDP Has No Chance in 2027, Says Former APC Treasurer
National

Forum of APC chairmen want life membership of party’s NEC

5 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election
National

Stop clamping down opposition over alleged coup plot – ADC tells FG

1 day ago

POLITICS

Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Stop clamping down opposition over alleged coup plot – ADC tells FG

1 day ago
Some southeast politicians, businessmen prefer Nnamdi Kanu’s continued detention — Iwuanyanwu

Some southeast politicians, businessmen prefer Nnamdi Kanu’s continued detention — Iwuanyanwu

1 day ago
At my level, I can’t secretly defect to APC — Suswam

At my level, I can’t secretly defect to APC — Suswam

2 days ago
Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

Arewa group lambast PDP Spokesperson over disrespectful comments on Ugwuanyi

4 days ago
2027: Murray-Bruce defection to APC not surprising – Dele Momodu

2027: Murray-Bruce defection to APC not surprising – Dele Momodu

4 days ago
Breaking News: Former vice president Atiku Abubakar resigns from PDP

Atiku’s greed cause of PDP’s gradual demise

5 days ago

YOUR ECONOMY

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

1 day ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

1 week ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

2 weeks ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

2 weeks ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

3 weeks ago
You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery
Economy

You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery

3 weeks ago

E & P

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach
Sports

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

by Steven Atogi
5 days ago
0

The national team coach of Gabon, Thierry Mouyouma, has said that his team is ready to tackle Nigeria in the...

2026 World Cup playoffs: Super Eagles likely to play Gabon

2026 World Cup playoffs: Super Eagles likely to play Gabon

1 week ago
EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

2 weeks ago
EPL: Amorim should use Mbeumo as striker over Sesko — Owen

EPL: Amorim should use Mbeumo as striker over Sesko — Owen

3 weeks ago
Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

3 weeks ago
Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

4 weeks ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
2 weeks ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
3 weeks ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
2 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
2 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

Supreme Court reserves judgment in PDP’s suit against Rivers emergency rule

October 22, 2025
Doctors strike: NARD to review FG’s response

Doctors strike: NARD to review FG’s response

October 22, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address