Foreign affairs experts and academics have identified economic growth, among other benefits for Nigeria and other African countries participating in the Chinese Belt and Road Initiative (BRI). At a one-day conference, tagged: “The Belt and Road Initiative and Africa: Problems and Prospects”, organised by the Nigerian Institute of International Affairs (NIIA) in Lagos, participants expressed optimism on global trade integration and economic development which they identified as the thrust of the initiative.
Dr Sheriff Ibrahim from University of Abuja who spoke on “Belt and Road Initiative and Nigeria” said aside the fact that China itself seeks to expand its market base, while at the same time seek to internationalise the acceptability of its currency – Yuan, the participating countries across Asia, Africa, South America and Europe also stand the chance of having socio-economic integration.
Similarly, Prof. Alaba Ogunsanwo who spoke on “Belt and Road Initiative in Africa: Lessons from Case Studies of Kenya, Ethiopia and Djibouti” said China through many of its projects in Africa has proven over time that it can offer rewarding partnership some of which western power, despite years of relationship had refused to offer.
Belt and Road Initiative: Experts identify economic growth for Nigeria, Africa
Belt and Road Initiative: Experts identify economic growth for Nigeria, Africa
WORLD AIDS DAY 2020: US supports Over 1Million HIV Patients in Nigeria
Odu'a Chambers of commerce holds think tank to tackle unemployment in SW region
President-Elect Joe Biden to name Nigerian-American, ADEWALE ADEYEMO as Deputy Treasury Secretary
ACCI Congratulates ODUACCIMA For bagging National Award of Excellence
KADMAM Wants Adequate PPEs for Kaduna Health Facilities
FRC Begins FG Capital Projects Verification Exercise
House of Reps Hails NNPC’s Strides in Transparency
Govt, Businesses Must Work Together As Partners in Developing Country's Economy
ADDRESS BY THE HONOURABLE MINISTER, FEDERAL CAPITAL TERRITORY, MALAM MUHAMMAD MUSA BELLO, AT THE OPENING CEREMONY OF THE 15TH ABUJA INTERNATIONAL TRADE FAIR, AT THE ABUJA TRADE AND COVENTION CENTRE, TRADE FAIR COMPLEX, ABUJA
WELCOME ADDRESS BY PRINCE ADETOKUNBO KAYODE, CON, SAN, PRESIDENT OF ABUJA CHAMBER OF COMMERCE AND INDUSTRY, AT THE OFFICIAL OPENING CEREMONY OF THE 2020 ABUJA INTERNATIONAL TRADE FAIR
Foreign affairs experts and academics have identified economic growth, among other benefits for Nigeria and other African countries participating in the Chinese Belt and Road Initiative (BRI). At a one-day conference, tagged: “The Belt and Road Initiative and Africa: Problems and Prospects”, organised by the Nigerian Institute of International Affairs (NIIA) in Lagos, participants expressed optimism on global trade integration and economic development which they identified as the thrust of the initiative.
Dr Sheriff Ibrahim from University of Abuja who spoke on “Belt and Road Initiative and Nigeria” said aside the fact that China itself seeks to expand its market base, while at the same time seek to internationalise the acceptability of its currency – Yuan, the participating countries across Asia, Africa, South America and Europe also stand the chance of having socio-economic integration.
Similarly, Prof. Alaba Ogunsanwo who spoke on “Belt and Road Initiative in Africa: Lessons from Case Studies of Kenya, Ethiopia and Djibouti” said China through many of its projects in Africa has proven over time that it can offer rewarding partnership some of which western power, despite years of relationship had refused to offer.
DAILY TRUST
Related posts:
Odu’a Chambers of commerce holds think tank to tackle unemployment in SW region
President-Elect Joe Biden to name Nigerian-American, ADEWALE ADEYEMO as Deputy Treasury Secretary
KADMAM Wants Adequate PPEs for Kaduna Health Facilities