By Daudu Emmanuel
President Buhari has revealed a new policy priority for his government. He announced that the building of viable cities modeled on global hubs will be given new investment. The president made the announcement during his visit to the Chinese city of Shanghai.
President Muhammadu Buhari has announced that his administration will give priority to the building and development of resilient and viable cities comparable with other developed cities across the globe. According to a statement released by the president’s media assistant Garba Shehu, Buhari made this revelation while visiting the Chinese economic hub of Shangai yesterday. The president met with Chinese businessmen and members of the Nigerian diaspora during his visit.
At separate meetings with the Mayor Shanghai Mr Yang Xiong, and the Director of Shanghai Free Trade Zone, Liu Fangzhou, President Buhari said the federal government would give full support to Free Trade and Export Processing Zones in the country to spur rapid economic development.
The president, who visited the Shanghai Free Trade Zone, said Nigeria was prepared to learn how to make its cities more viable by studying from those that have achieved development. government to seek loan’s stoppage “We have already identified the development of infrastructure which will bring industries that create jobs and help us to diversify the economy,” President Buhari said. “We are going to work hard to achieve these within the period we have in office. Nigerians will see progress and feel the impact.” President Buhari and President Xi Jinpeng of
China Commending the hard work and incredible success story Shanghai, President Buhari said the virtues of hard work were central to every human achievement and development.
In his remarks, the Mayor of Shanghai expressed the willingness of several Chinese businesses to key into the vision of the Chinese President Xi Jinping for Africa by investing in Nigeria.
The director of the Shanghai free trade zone subsequently commended the efforts of the Nigerian government towards the diversification of the economy and encouraged the country to focus on a favourable policy environment to encourage foreign investors affectionately.
President Buhari arrived in China on Monday on an official visit to discuss economic development and deepening bilateral ties.
Prior to leaving on his trip, Buhari said Nigeria cannot afford to have poor relations with the world’s future economic powerhouse and would seek to secure a $2 billion load for economic development.