Reps inaugurate technical committee for Nigeria-China sustainable trade, investment Summit
In a determined effort to boost investments drive in the country, the House of Representatives Committee on Nigeria-China Parliamentary Relations has inaugurated a Technical Planning Committee to organize the Nigeria-China Sustainable Trade, Investment, and Bilateral Relations Summit in 2025.
The 10th National Assembly House Committee also appointed Merited Negotiation Consulting, led by Honourable Kunle Yusuff, to take charge of the organisation to ensure it is a huge success.
This landmark summit is aimed at strengthening Nigeria-China relations, prioritized by the Federal Government due to China’s status as a leading global economic power and key business partner.
The House of Representatives Committee seeks to develop a legislative agenda to promote ease of doing business between the two nations.
The key objectives of the Summit include presenting credible investment opportunities to showcase market-ready projects for investor engagement, foster collaboration to strengthen the business environment through partnerships and promoting products to serve as the primary point of contact between investors and financial institutions.
The areas to focused primarily are agriculture, mining and solid minerals, power and renewable energy, communication/ICT, oil and gas as well as construction and entrepreneurs.
The Technical Planning Committee comprises representatives from key entities, including the China Embassy, Nigerian Investment Promotion Commission (NIPC) and the National Upstream Petroleum Regulatory Commission (NUPRC).
Private sector organizations, such as the China Chamber of Commerce and Lagos Chamber of Commerce, have also pledged their support.
During the inaugural meeting, Hon. Jafaru Yakubu, Chairman of the House Committee on Nigeria-China Parliamentary Relations, urged the Technical Planning Committee to cooperate with Merited Negotiation Consulting to ensure the success of both summits.
On his part, the Chinese Ambassador pledged technical and related support, while the Director-General of the China Chamber of Commerce committed to involving strategic Chinese companies operating in Nigeria.
Speaking at the inauguration, Hon. Kunle Yusuff, Executive Vice Chairman/CEO of Merited Negotiation Consulting, expressed gratitude for the engagement and assured outstanding results.
He called for collaboration and partnership from relevant ministries, departments, and agencies (MDAs) to ensure the success of the event.
