Nigerians could exploit the huge economic opportunities in the $22tn Chinese market

The Director, Centre for China Studies, Mr Charles Onunaiju, has said that Nigerians could exploit the huge economic opportunities in the $22tn Chinese market if the Federal Government implements certain policy and infrastructure development programmes in the country.

He noted that the Belt and Road Framework of international cooperation between Nigeria and China offered very tangibly the critical requirement Nigeria needs to optimize its economy of scale by addressing the infrastructure deficit.

Speaking at the 50th anniversary of the Nigeria-China diplomatic relations with the theme ‘Nigeria-China at 50: Reflections and the way forward’, in Abuja on Tuesday, the China expert recommended industrial and production capacity cooperation with the Asian economic giant.

According to him, within the framework of the of robust bilateralism, the Forum of China-Africa Cooperation process, and the Belt and Road mechanism on which Nigeria and China cooperation currently stands, the nation could identify some vital and critical drivers that would boost the cooperation, accelerate its pace and deliver more tangible results.