President Bola Tinubu is to leave for Beijing, The Peoples Republic of China, in the first week of September.
This was disclosed in Abuja by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, during a news briefing.
He said the President would engage in a series of meetings and activities aimed at cementing ties that would boost the Nigerian economy.
According to him, the President would conduct sight visits to Wawey Technologies and the China Rail and Construction Corporation, CRCC, as a prelude to a wider discussions with them.
Chief Ngelale explained that the discussions would be geared towards the completion of the Ibadan-Abuja segment of the Lagos-Kano high speed rail line.
He said the President would later meet ten selected Chief Executive Officers of ten major Chinese corporations with assets totalling over 3 trillion dollars across multiple sectors of the economy.
“These sectors include information and communications technology, redining, oil and gas, aluminum production, seaports construction, dredging services, financial services, satellite technology development, as well as many other critical sectors”, Chief Ngelale expartiated.
He said President Tinubu would meet with President Xi Jinping, during which several Memoranda of Understanding would be signed.
“The MoUs will be on deepening co-operation in green economy, agriculture, satellite technology development, media enterprise development, national planning and blue economy development.
“This will be part of a broader engagement, where the two leaders will discuss matters of interest across not just the economy, but also in issues of national, regional, and international security”, he explained.
According to the itinerary, President will join other African leaders in a summit organised for them to engage Chinese leaders on various important matters, where the Nigerian President, in his capacity as the Chairman of ECOWAS, will deliver remarks on behalf of the region.
He will thereafter deliver another remark at high level peace and security plenary on peace and security in Africa, West Africa in particular.
Chief Ngelale said the engagement was expected to yield tangible immediate and future dividends to the Nigerian economy.
He stressed that President Tinubu was placing a premium on deliverables, ensuring that the engagement are not a talkshop, but something that will yield results to justify expenditure made during the trip.