President Buhari Departs China after FOCAC Summit
President Muhammadu Buhari is already on his way back to Nigeria after a six-day trip to China where he participated in the Forum of China-Africa Cooperation (FOCAC) summit.
This was disclosed by the Personal Assistant to the President on New Media, Bashir Ahmed, via his Twitter handle saying the President’s aircraft departed the Beijing Capital International Airport on Thursday morning.
“President Muhammadu Buhari departs the Beijing Capital International Airport for Abuja after attending the #FOCAC2018in Beijing, China,” he tweeted @BashirAhmaad.
The just concluded FOCAC summit is a meeting of the Chinese government with over 50 African countries towards improving the cooperation in the Economic and other sectors.
Part of President Buhari’s last engagements in Beijing before his departure was a meeting with business groups whom he asked to take advantage of the improved business environment in Nigeria and invest in key sectors of the economy.
Buhari also solicited the assistance of the Chinese government towards the construction of the Mambilla Hydropower Project in Taraba State.
President Buhari via his Twitter handle on Wednesday said: “I told President Xi (Jinping) that the Mambilla Hydropower Plant is Nigeria’s equivalent of China’s Three Gorges Dam, and that I look forward to him joining me for the groundbreaking ceremony in the not-too-distant future.”
On Saturday, President Buhari and Mr Xi witnessed the signing of an agreement worth $328m between Nigeria and China.
The concessional loan agreement was sealed between Galaxy Backbone Limited and Huawei Technologies Limited (HUAWEI) for the Information and Communication Technology Infrastructure Backbone Phase II (NICTIB II) project.
It was signed by the Minister of Finance, Kemi Adesoun, and the Director-General of International Development Agency, Wang Xiaotoa.
Nigeria and China also signed a Memorandum of Understanding for the One Belt One Road initiative (OBOR).