• Contcat Us
Saturday, May 31, 2025
Nigeria Today
  • Home
  • News

    China, ASEAN, GCC forge innovative trilateral cooperation amid global risks

    China reiterates one-China principle after remarks by Taiwan leader

    Nigeria-China Partnership: Tegbe Briefs Tinubu on Key Milestones

    ACCI President Celebrates Nigerian Children, Highlights Support for Young Entrepreneurs

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

    IWD: Nigerian Women Very Talented, Productive – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    Africa and Washington’s Disruptive Trade Wars: Opportunities and Challenges

    United States And Terrorism Financing: The Paradox Of Global Security Initiative

    Neomercantilism: Trump’s New Tariff Regime And American Economic Uncertainties

    The Teleology And Ambiance Of China’s 2025 Two Sessions

  • Sport

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

    Chinese athletes ready to chase perfection in Paris 2024

  • Culture

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

    Spring Festival: 9 Billion Trips Expected as China’s Travel Rush Begins

  • Videos
No Result
View All Result
  • Home
  • News

    China, ASEAN, GCC forge innovative trilateral cooperation amid global risks

    China reiterates one-China principle after remarks by Taiwan leader

    Nigeria-China Partnership: Tegbe Briefs Tinubu on Key Milestones

    ACCI President Celebrates Nigerian Children, Highlights Support for Young Entrepreneurs

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

    IWD: Nigerian Women Very Talented, Productive – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    Africa and Washington’s Disruptive Trade Wars: Opportunities and Challenges

    United States And Terrorism Financing: The Paradox Of Global Security Initiative

    Neomercantilism: Trump’s New Tariff Regime And American Economic Uncertainties

    The Teleology And Ambiance Of China’s 2025 Two Sessions

  • Sport

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

    Chinese athletes ready to chase perfection in Paris 2024

  • Culture

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

    Spring Festival: 9 Billion Trips Expected as China’s Travel Rush Begins

  • Videos
No Result
View All Result
Nigeria Today
No Result
View All Result
Home News

Significance of Belt and Road Initiative to Nigeria, Afric

by Nigeria Today
October 6, 2023
Reading Time: 6 mins read
0
8
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Since Nigeria joined the Belt and Road Initiative (BRI) and became a member at a summit in Beijing in 2018, Nigeria has recorded tremendous success for common development as Africa’s largest economy and the most populous nation on the African continent.

The Belt and Road Initiative (BRI) is a Chinese proposal to build a Silk Road Economic Belt and 21st Century Maritime Silk Road in cooperation with related countries. It was unveiled by President Xi Jinping during his visit to Central and Southern Asia in 2013.

The Initiative focuses on promoting policy coordination, connectivity of infrastructure and facilities, unimpeded trade, financial integration and closer people-to-people ties through a consultative process and joint efforts with the goal of bringing benefits to all.

So far, as November 2019, 137 countries including 26 European countries have signed the Belt and Road cooperation agreements with China (Nigeria inclusive).

Meanwhile, the Initiative and its core concepts have been incorporated into the G20, the Asia-Pacific Economic Cooperation, and the Shanghai Cooperation Organization. The BRI has become an important platform for achieving the UN’s 2030 Agenda for Sustainable Development.

China believes that Africa is part of the historical and natural extension of the Belt and Road Initiative. The declaration of the Forum on China and Africa Cooperation (FOCAC) 2018 in Beijing Summit and its 2019-2021 African Plan states that Africa is an important partner in the BRI cooperation.

It was at the recent Beijing Forum on China-Africa Cooperation (FOCAC) Summit and the Seventh Ministerial Conference of FOCAC that the “two-sides” (China-Africa) were encouraged by the comprehensive and effective implementation of the ten cooperation plans and the follow-up action of the FOCAC Johannesburg Action Plan (2016-2018) and decided to, in the spirit of the Beijing declaration, advance towards an even stronger China-Africa community with a shared future in order to jointly advance the Belt and Road cooperation.

Nigeria is among the 44 African countries that have signed the memorandum of understanding with Beijing, in furtherance of the BRI partnership. AU as an entity has also keyed into the initiative.

 

 

According to Charles Onunaiju, Director of the Centre for China Studies in Nigeria, Nigeria has already started witnessing early harvest of the Belt and Road process as global public goods, and this fact is demonstrated in the recent photo exhibition of some vital infrastructure and industrial projects carried out by the Chinese companies in Nigeria under the BRI policy.

Even though the BRI was initially concentrated in East Africa where Beijing was developing multi-billion dollar mega infrastructural projects in Kenya (Nairobi – Mombasa standard gauge rail line), Ethiopia (Addis – Djibouti standard rail line) and TAZARA railway linking the port city of Dar el Salam in Tanzania with the town of Kapiri Mposhi in Zambia’s central province; Nigeria has had its fair share of many infrastructural projects over the years as government is rapidly engaging the Chinese.

Among the many finished projects and ongoing ones in Nigeria are: the popular Abuja – Kaduna standard gauge rail line, Abuja rail mass transit, new Abuja international airport terminal, Lagos – Ibadan standard gauge rail line, Port Harcourt international airport, Kano international airport, Lekki deep sea port project, Abuja township road project etc.

Infrastructure development by the Chinese in partnership with Nigerian government has been making impact in the lives of many Nigerians. For instance the Kaduna to Abuja rail service that was flagged off in 2016 has created major transportation channel from the capital city to the industrial and metropolitan city of Kaduna.

The Abuja – Kaduna rail line has also improved investment environment, promoted business trade, and safer passenger traffic and cargo transportation between the two major Nigerian cities.

Similarly, some dozens Chinese enterprises of different scale are almost in every state of Nigeria thriving and contributing to the economy of those states and Nigeria in general.

According Charge d’Affaires of the Embassy of People’s Republic of China in Nigeria, Zhao Yong, trade volume between Nigeria and China has soared to 15.3billion USD in 2018; 10.8% higher than in 2017. Yong said this at a “Belt and Road” event: Nigeria and China Economic and Trade Forum held in Abuja in April 2019.

Accordingly, Li Xuda, Chinese Embassy Cultural Attaché and Director China Cultural Center recently at a celebration to mark 1000 days safe operations of the Abuja – Kaduna rail service expressed gratitude to the Nigerian government and Nigeria Railway corporations for the smooth relationship and cooperation between Nigeria and China on the Belt and Road Initiative (BRI). Mr. Li who represented the Embassy at the occasion added that Nigeria and China can move closer to promote mutually beneficially cooperation for common development.

Meanwhile, against the backdrop of rising protectionism and unilaterism, trade between China and African countries continue to grow significantly testifying the deepening economic relations between the “two sides”. African experts and officials have said.

According to statistics by China Customs Administration, trade volume between China and Africa soared from 10.6 billion USD in year 2000 to 204.2 USD in 2018.

In the same vein, the Export-Import bank of China (ChinaEximBank) has so far funded over 600 billion Yuan (87 billion USD) projects in more than 40 African countries who are mostly Belt and Road Initiative partners. The findings were mainly to support major projects with prominent economic and social benefits to Africa, the bank said. China Exim Bank is a state funded and state owned bank dedicated to supporting China’s foreign trade, investment and international economic cooperation.

President Xi Jinping, on describing how important and strategic relationship between China and Africa have become, pointed out that no matter how the international situation changes and despite the interference of certain powers, the original aspirations of China and Africa for win-win cooperation and common development will stay unchanged and the resolve to jointly build a closer community with a shared future will not waver. Mr. Xi said this when he met some African leaders on the sideline of G20 summit in Osaka, Japan last year.

Undoubtedly, China and Africa cooperation have moved from the pre-independent political cooperation of 1950’s to the post millennium economic cooperation of the 21st century. China-Africa friendship has always been on the basis of win-win cooperation for common development.

However, it is not surprising that in an effort to sustain and maintain such cooperation, over the years, Chinese Foreign Ministers made it a duty to visit Africa at the beginning of every new year. In fact, this year marks the 30th year since the Foreign Minister, Qian Qichen started the diplomatic shuttle with a maiden tour in 1990 to four African countries; these included Ethiopia, Uganda, Kenya and Tanzania.

The very idea for such visits, according Foreign Minister Qian, was because China believes that economies around the world were becoming more independent especially after the end of cold war and Africa as a big group of countries in the United Nations family represents an important force in international affairs.

Expectedly, this year (2020) the tradition continues with the visit by the Foreign Minister Wang Yi to Egypt, Djibouti, Eritrea Burundi and Zimbabwe from 7-13 January; and coincidentally, this year too marks 20th anniversary of the establishment of Forum on China-Africa Cooperation (FOCAC).

During his visit to the continent, Mr. Wang Yi began with Egypt where he promised to help the country combat extremism.

In Djibouti, the Chinese Foreign Minister said china is willing to view relations with Djibouti from a strategic, long term perspective and deepen political mutual trust. He reiterated that the two countries should build “Belt and Road” together, vigorously promote bilateral pragmatic cooperation, and push China-Djibouti strategic partnership to a new level.

In Zimbabwe, China has increasingly broadened its ties to include the construction of a new parliament building estimated to cost more than $100 million. China also provides humanitarian assistance such as food items as well as technical assistance during natural disasters.

While in Burundi, the Chinese Foreign Minister assured President Pierre Nkurunziza of continued support in areas such as education, energy, and agriculture, China is also constructing a new state house building for the country.

Indeed, there is and there is going to be tremendous achievements for the over 40 member countries of the BRI as the initiative represents an authentic attempt by the world’s second largest economy to practise a new kind of diplomacy based on inclusiveness, equal opportunity, and respect for the diversity of cultures and political systems.

— Lawal Sale is Abuja based Global Affairs Analyst. (lawalmaida1@yahoo.com).

Tags: Belt and Road Initiative

Related Posts

News

China, ASEAN, GCC forge innovative trilateral cooperation amid global risks

May 28, 2025
News

China reiterates one-China principle after remarks by Taiwan leader

May 28, 2025
News

Nigeria-China Partnership: Tegbe Briefs Tinubu on Key Milestones

May 27, 2025
News

ACCI President Celebrates Nigerian Children, Highlights Support for Young Entrepreneurs

May 27, 2025
News

FG Reconvenes Meeting to Fast-Track Implementation of China-Nigeria FOCAC Agreements

May 17, 2025
China

NCSP DG Tegbe partners NIPC to Boost Chinese Investment in Nigeria

May 9, 2025
Next Post

FLASH: Sir Alex Ferguson's wife Cathy dies at 84

Leave a Reply Cancel reply

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

POPULAR NEWS

Chinese Firm Not Involved In Shooting Of Immigration Officer – CGCCN

March 28, 2025

China Chamber of Commerce refutes media reports of alleged discrimination at Chinese Supermarket

April 22, 2024

FCT Schools win big at 2024 China-Nigeria Cultural Fiesta & Dancing Competition

November 7, 2024

China’s Independent Policy Of Peace And Friendly Cooperation

October 25, 2022

New Chinese Corner Inaugurated at FCT School

October 29, 2024

EDITOR'S PICK

‘I’ll Remain In APC Till I Die’

August 1, 2022

BREAKING: Wike summons emergency security meeting

January 16, 2024
(240219) -- VIENNA, Feb. 19, 2024 (Xinhua) -- Chinese State Councilor and Minister of Public Security Wang Xiaohong meets with U.S. Homeland Security Secretary Alejandro Mayorkas in Vienna, Austria, Feb. 18, 2024. (Xinhua)

China, U.S. agree to implement consensus of San Francisco summit

February 19, 2024

JUST IN: Atiku rejects tribunal judgment, heads to Supreme Court

September 7, 2023
Facebook Twitter Youtube Whatsapp

About

Nigeria Today is a platform dedicated to bringing you precise and accurate news and information about Nigeria.

Follow us

Categories

  • Africa
  • Art and life
  • Business
  • China
  • Culture
  • entertainment
  • Health
  • News
  • Nigeria
  • Opinion
  • Politics
  • POPULAR NEWS
  • Science
  • Sport
  • Tech
  • Travel
  • Uncategorized
  • Videos
  • World

Recent Posts

  • Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja
  • Int’l Festival of intangible cultural heritage kicks off in SW China’s Chengdu
  • Chinese medical team in Tanzania conducts training on regional nerve block anesthesia
  • China, ASEAN, GCC forge innovative trilateral cooperation amid global risks

© 2022 Nigeria-Today - News & Magazine

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

Add New Playlist

No Result
View All Result
  • Home
  • Politics
  • World
  • Nigeria
  • Opinion
  • Sport
  • Culture

© 2022 Nigeria-Today - News & Magazine