Kano Govt. seeks stronger ties with China

Spread the love

Kano Govt. seeks stronger ties  with China

 

 

The Kano State Government has restated its commitment to strengthening economic and other collaboration with China, calling on Chinese investors to take advantage of the state’s conducive business environment.

 

Gov. Abba Yusuf said this when he hosted the Chinese delegation led by the Chinese Ambassador to Nigeria, Dunhai Yu at the Government House, Kano on Thursday.

 

“Kano State is a historical commercial center in sub-Saharan Africa and an industrial hub with a conducive business environment for Chinese investors.

 

“The state offers significant economic advantages, including access to raw materials, a strategic location and large markets,” Yusuf said.

 

The governor acknowledged China’s global economic leadership and its remarkable strides in infrastructure, banking, insurance and industrialization.

 

He also recognized China’s significant contributions to Nigeria’s economy, citing trade, investment, infrastructure and financial assistance as key areas of collaboration.

 

“The bilateral trade between China and Nigeria reached over $22.6 billion in 2023, and Kano has benefited greatly from this relationship. Chinese companies have played a major role in infrastructural development within the state,” he said.

 

The governor highlighted that about 55 percent of ongoing infrastructure projects in Kano are being handled by Chinese firms, referencing the construction of five major flyovers, four of which were built by Chinese companies.

 

He expressed gratitude for their contributions in the state and assured continued cooperation with China.

 

Yusuf also announced plans to unveil a five-year multisectoral investment strategy (2025-2029) to attract more Chinese investors.

“We have attractive incentives that will not only attract but also retain investments in Kano State,” he said.

 

He stressed the need for educational collaboration, commending China for its past support in sponsoring Kano students for studies in Chinese universities.

 

In his remark, Ambassador Dunhai Yu expressed appreciation for the warm reception, describing Kano as a key economic and cultural hub in West Africa with over 1,000 years of rich history.

 

“Kano is home to many Chinese investors and entrepreneurs, and they all feel welcome here.

“The relationship between China and Kano is built on mutual respect and beneficial cooperation in infrastructure, agriculture, manufacturing, and education,” he said.

 

The ambassador said that  his country plans to facilitate investment from Shandong Province, one of China’s largest economies into Kano’s agricultural sector, irrigation systems, and manufacturing industry.

 

Yu also reaffirmed China’s willingness to support Nigeria’s push for economic diversification, particularly through investments in renewable energy and electric vehicle manufacturing.

 

“China leads the world in electric vehicles and renewable energy, and we are ready to collaborate with Kano to advance its industrialization efforts,” he added.

Leave a Reply

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