By Charles Pemu 
Nigeria has secured over $20 billion in investment commitments from China targeting key sectors of the economy, according to Joseph Tegbe, Director-General of the Nigeria-China Strategic Partnership (NCSP).
The multi-billion-dollar commitment spans agriculture, automotive manufacturing, steel, energy, and mining, and stems from renewed bilateral cooperation following the elevation of Nigeria-China relations to a Comprehensive Strategic Partnership.
Tegbe disclosed this in a statement released Friday, noting that project rollouts are expected to begin later this year.
“These are not just promises. We are looking at tangible projects that will create jobs, boost food security, enhance power generation, and reposition Nigeria as a major manufacturing hub in Africa,” Tegbe said.
He emphasized that the NCSP is not only coordinating implementation of China-Africa Forum (FOCAC) projects but also leveraging partnerships to draw Chinese expertise, technology, and financing into Nigeria’s industrial base.
Tegbe added that part of the NCSP’s strategy involves expanding market access for Nigerian-made goods across China and Asia, in a move to diversify exports and build integrated supply chains.
The investment initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which emphasizes economic diversification, job creation, and industrial competitiveness.
“Every agreement we sign must translate into real, measurable development for the Nigerian people,” he said, adding that NCSP is working across government agencies and the private sector to ensure accountability and impact.