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Tinubu Commits to Strengthening Bilateral Relations with Vietnam

 


President Bola Tinubu has reiterated Nigeria's commitment to deepening bilateral relations with Vietnam, particularly in trade, investment, energy, mining, resource sustainability, infrastructure, and climate change action. 


He stated this during a meeting with Vietnamese Prime Minister Pham Minh Chinh, who was on an official visit to Nigeria for the purpose of enhancing bilateral cooperation between the two nations.


A statement by the Vietnamese Ambassador to Nigeria, Mr Bui Quoc Hung, disclosed that the visit also included an invitation from President Luong Cuong for President Tinubu to soon make an official visit to Vietnam.


Tinubu emphasised the importance of Vietnam as a key partner for Nigeria in Southeast Asia, underscoring his eagerness to fortify the bonds between the two countries. 


The President highlighted the significance of fostering economic, trade, and investment ties, given the steady growth observed in their bilateral trade exchanges.


In his response, Prime Minister Chinh appreciated the warm welcome, while conveying Vietnam's eagerness to strengthen bilateral collaboration and extended an invitation to President Tinubu to visit Vietnam officially. 


Both leaders acknowledged the long-standing friendly relations between Nigeria and Vietnam which dates back to the establishment of diplomatic relations in 1976.



According to the statement, the agreement reached by the two leaders includes a commitment to boost bilateral trade and explore new avenues for collaboration, particularly in sustainable resource utilization and climate change mitigation efforts.


Prime Minister Pham Minh Chinh also had a meeting with the Director-General of the World Trade Organization, Professor Ngozi Okonjo-Iweala, a Nigerian economist who has played a major role in advancing free trade and economic progress in Africa.

[7/9, 14:45] Michael Olugbode: FG Ready to Welcome Potential Chinese Investors for Ajaokuta Steel Company


The federal government has prepared ground for the impending arrival of Chinese technical partners and potential investors in Ajaokuta Steel Company Limited (ASCL).


The Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr. Joseph Tegbe has had a high-level engagements with leading steel manufacturers during a recent investment mission to China.


In order to prepare ground for the Chinese team visit to the company, which the present administration plans to revitalize, the Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr. Joseph Tegbe, paid a working visit to ASCL for an on-the-spot assessment of the facility’s current state and operational assets. 


A statement on Wednesday by NCSP, explained that the goal of the visit was to review the status of critical assets and infrastructure in preparation for comprehensive technical assessments that will inform strategic investment decisions.


Tegbe was warmly received by the Managing Director of Ajaokuta Steel Company, Prof. Nasir Na’eem Abdulsalam, who led the NCSP delegation on a guided tour of the plant. Key installations inspected included the blast furnace complex, the dedicated thermal power plant, and other core and ancillary components of the steel plant’s vast infrastructure.


Speaking during the visit, Tegbe reaffirmed the Federal Government’s commitment, under the Renewed Hope Agenda of President Bola Ahmed Tinubu to reposition Ajaokuta as a cornerstone of Nigeria’s industrial and economic transformation.


“This facility represents not just steel production, but the promise of jobs, industrial value chains, and national pride. What we are doing is laying the groundwork for sustainable, private-sector-driven investment that will finally bring Ajaokuta to life.”


He emphasized that the NCSP is working closely with the Federal Ministry of Steel Development and management of Ajaokuta Steel Complex to ensure that all engagements with foreign partners translate into tangible outcomes for Nigeria’s re-industrialization.


The Ajaokuta visit marks a key milestone in ongoing efforts to convert Nigeria’s bilateral partnerships into transformative investments. With technical teams from China expected to arrive in the coming weeks, stakeholders remain optimistic about the prospects of finally unlocking the full potential of the Ajaokuta Steel Company.

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