The Director General of the Nigeria-China Strategic Partnership, Joseph Tegbe, has disclosed that Nigeria has secured over $20bn in investment commitments from China, aimed at transforming key sectors of the Nigerian economy.
Tegbe said the investments are channelled into critical sectors such as agriculture, automotive manufacturing, steel, energy, and mining, adding that they are part of ongoing efforts to fast-track Nigeria’s industrial revival through deepened collaboration with Chinese business leaders.
In a statement on Friday from the NCSP, Tegbe said the $20bn commitment was secured through a series of engagements following the recent elevation of Nigeria-China relations to a Comprehensive Strategic Partnership.
He added that the investments will begin rolling out later this year.
Nigeria secures $20bn China deal for manufacturing, energy, others
19th July 2025
Nigeria-China Strategic Partnership
