Nigeria-China Trade, Energy Investments Hit $20bn, Says Adelabu
The Minister of Power, Chief Adebayo Adelabu, has disclosed that the growing economic ties between Nigeria and China, have reached $20bn.
He highlighted key Chinese-backed projects that are shaping Nigeria’s energy infrastructure, including the $1.4bn Zungeru Hydroelectric Power Plant and a $2.5bn transmission project for the Eastern and Western super grid, financed through Chinese institutions.
Adelabu made these known during a meeting with the Chinese Ambassador to Nigeria, Yu Dunhai, where he emphasised that deepening strategic collaboration is vital to advancing President Bola Tinubu’s Renewed Hope Agenda.
He stressed that such partnerships must also strengthen local content to conserve foreign exchange and build domestic capacity.
While commending the strong bilateral relations, the minister urged Chinese firms to invest in training Nigerian workers and transferring technology to enhance local expertise.
He also called on the Chinese government to curb the export of substandard products to Nigeria, warning that such practices damage consumer trust despite China’s reputation for quality manufacturing.
Adelabu further proposed quarterly meetings between Nigeria and China to review progress across power sector projects, ensuring that mutual benefits are maximised.
In his remarks, Ambassador Dunhai reaffirmed Nigeria’s central role in China’s Africa policy, pledging the embassy’s support for stronger cooperation.
He acknowledged the importance of a reliable power supply, describing electricity as the “blood of industry,” and pointed to Nigeria’s youthful population and vast market as a strong basis for sustained growth.
Nigeria-China Trade, Energy Investments Hit $20bn, Says Adelabu is first published on The Whistler Newspaper
