He explained that the 160 Chinese firms operating in the country had also employed over 200,000 Nigerians, noting that the companies were promoting what he called the ‘people to people’ cultural diplomacy of the Belt and Road Initiative of the People’s Republic of China in Nigeria.
He said, “I believe the Chinese investment in Nigeria now is about $20b and we have employed over 200,000 Nigerians. Our workforce is 95 per cent Nigerians. Shuijin noted that the Chinese investors faced a difficult time during the 2015 recession, stating that many companies could not pay their workers because they were owed by the Federal Government.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elumelu urges investment in young Africans - Premium Times NigeriaMr Elumelu spoke Thursday at the Tech for Good Summit 2019, which held in France.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
PMB Renews Commitment To Boosting Businesses, Investment Opportunities In NigeriaPresident Muhammadu Buhari on Thursday restated his administration’s commitment towards boosting business and investment opportunities by reviving train and railway services, building roads and improving on the power sector. Addressing the 59th Annual General Meeting/Conference of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in Kaduna, with the theme; “Regional Integration in […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
PMB Renews Commitment To Enabling Investment Climate In NigeriaPresident Muhammadu Buhari yesterday restated his administration’s commitment towards boosting business and investment opportunities by reviving train and railway services, building roads and improving on the power sector. Addressing the 59th Annual General Meeting/Conference of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in Kaduna, with the theme: “Regional Integration in Africa: […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Abuja Chamber Moves To Boost Russia’s Investment In NigeriaNigeria and Russia have taken bold steps to strengthen trade and investment between the two countries. The Abuja Chamber of Commerce and Industry (ACCI), which is piloting the initiative on behalf of Nigerian, hosted a two-day business forum with a delegation of Russian businessmen in the Federal Capital Territory (FCT) to expand investment opportunities in […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Elections: Facebook says Israeli company targeted Nigeria, others – Daily TrustFacebook said has removed hundreds of fake Facebook and Instagram pages, groups, and accounts run by an Israeli firm that was targeting countries in Africa. The Israeli company Archimedes Group spent more than $800,000 running Facebook ads and their accounts had almost 3 million followers, Facebook said in a blog post announcing the removals Thursday.ADVERTISEMENT …
Source: Daily Trust - 🏆 13. / 51 Read more »