Nigeria, China Mull Military Equipment Production Deal

President Bola Tinubu on Thursday urged the government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the $50 billion aid package for Africa, which China’s President Xi Jinping announced last year. China and Nigeria recently renewed their currency swap agreement, valued at 15 billion yuan (approximately $2 billion), to enhance trade and investment. Receiving the Minister of Foreign Affairs of China, Wang Yi, at the State…

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