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August 25, 2018

President Buhari to address China-Africa summit in Beijing September 2018

* President Muhammadu Buhari will be addressing China-Africa summit slated for Beijing in September 2018.

* He will be joined by other African leaders, China ambassador to Nigeria Dr Zhou Pingjian reveals.

* The summit was last held in December 2015 in Johannesburg, South Africa.

Chinese ambassador to Nigeria, Dr Zhou Pingjian, has said that President Muhammadu Buhari will join Chinese and other African leaders to address the Beijing summit of the Forum on China-Africa Cooperation (FOCAC) in China.

Daily Trust reports that the summit will be holding in September 2018 in Chinese capital with the theme “China and Africa: Toward an Even Stronger Community with a Shared Future through Win-Win Cooperation.”

The summit has being a key platform for the collective dialogue and cooperation between China and African countries,. It was last held in December 2015 at Johannesburg in South Africa.

READ MORE: 'I'm going to jail more looters of economy' - President Buhari vows after returning to the country from ten days vacation in the UK.

According to the ambassador, the implementation work of the FOCAC Johannesburg summit has been going smoothly with prominent achievements in Nigeria.

He said at a press briefing in Abuja on Friday, August 24: “President Xi Jinping will open the summit, while President Muhammadu Buhari and other African leaders will address the gathering."

Officials from 52 African countries, including the African Union Commission, are also expected to attend the Beijing summit.

The envoy added: “The China-Nigeria relations have since entered a new stage of rapid development. It is our firm belief that President Buhari’s attendance at the upcoming FOCAC Beijing summit will make important contribution to China-Africa cooperation and bring about new opportunities to grow China-Nigeria strategic partnership."

Meanwhile, an economist, Dr Chijioke Ekechukwu, has earlier said that the naira would gain strength against the dollar when the Nigeria -China currency swap took effect.

According to him, the exercise was expected to reduce pressure on the dollar as letters of credit and other valid payments for imports from China would be in the Chinese currency.

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