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NASENI, 3 Chinese firms sign MoU worth $2 billion 



NASENI 3 Chinese firms sign MoU worth 2 billion

The National Agency for Science and Engineering Infrastructure (NASENI) has entered into a Memoranda of Understanding (MoU) worth $2 billion with three Chinese partners for new projects. 

This development was disclosed by Mr. Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications in the Office of the Vice-President, in a statement released on Thursday in Abuja. 

Vice-President Kashim Shettima, representing President Bola Tinubu at the Belt And Road Initiative Forum in Beijing, China, presided over the signing of these MoUs.

The event was attended by several high-ranking government officials, including the Ministers of Foreign Affairs, Power, and Works. 

The statement reads,

Furthermore, Alhaji Khalil Halilu, the Executive Vice-Chairman and Chief Executive Officer of NASENI expressed that the realization of these agreements marks the agency’s dedication to advancing the Foreign Direct Investment endeavours of the Tinubu administration.  

He emphasized the significance of the occasion, stating,