• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, July 2, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NASENI, Chinese firms sign $2bn MoUs

MoUs

The Matters Press by The Matters Press
October 20, 2023
Reading Time: 2 mins read
0
NASENI, Chinese firms sign $2bn MoUs

Abuja, Oct. 20, 2023 : The National Agency for Science and Engineering Infrastructure (NASENI) and three Chinese partners have signed a Memoranda of Understanding (MoUs) for new projects valued at $2 billion.

RELATED POSTS

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

Mr Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, Office of the Vice-President, made this known in a statement on Thursday in Abuja.

Nkwocha said that the Vice-President Kashim Shettima, who is representing President Bola Tinubu at the Belt And Road Initiative Forum in Beijing, China, witnessed the signing of the MoUs.

He also said that the event was witnessed by the Ministers of Foreign Affairs, Power, Works and other top government officials present.

He said, ” As Nigeria continues to reap heaps and bounds of dividends from the ongoing 3rd Belt And Road Initiative (BRI), NASENI) and three Chinese partners have signed Memoranda of Understanding (MoUs) for new projects valued at $2 billion.

” Another $4 billion is the worth of letters of intent for new projects and investments.

” This is just as the Federal Ministry of Works also signed an MoU with China Harbour Engineering Company L.td. for the construction of the Lekki Blue Seaport contract at the Lekki Free Trade Zone in Lagos.”

Shettima commended all stakeholders and their Chinese counterparts, saying ” Nigeria has never been this ripe and ready for businesses to thrive in.”

He said with the painstaking efforts by the Tinubu administration to ensure a level-playing ground for all investors following the removal of all bottlenecks, the coast was now clear for deepened economic and trade collaborations.

Also, Alhaji Khalil Halilu, Executive Vice-Chairman and Chief Executive Officer of NASENI, said the crystallisation of the agreements was a fulfillment of the agency’s commitments towards boosting Foreign Direct Investment drive of the Tinubu administration.

He said ” This is a very important day for us at the National Agency for Science and Engineering Infrastructure because it is a day to show the results of some of the work that we have been doing in the last six weeks since I assumed the leadership of NASENI.”

Also, the Minister of Works, Dave Umahi, during the signing of the MoU on the construction of the Deep Blue Sea Port at the Lekki Free Trade Zone, said the project was yet another indication that Nigeria still remains an industrial haven for many investors.

The event, which was held at the Nigerian Embassy in Beijing later saw the Vice President meeting with several communications, tech, railway, power and construction giants.

Tags: MoUs
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Next Post
Tinubu withdraws nomination of FERMA Chairman

Tinubu withdraws nomination of FERMA Chairman

Minimum wage a reality – Labour

Nigeria not undermining agreement reached with NLC, TUC

Recommended Stories

Trading in Nigerian stock market dips further N83bn

Stock market opens week bullish with N277bn growth

December 14, 2021
Dangote Sugar declares N1 per share dividends

Dangote Sugar declares N82.3bn profit

March 4, 2023
NLC to introduce detention allowance for members

Group urges NLC to shelve planned strike

November 7, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF
  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda
  • Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us