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Nigeria and China have formally cemented a 200 million RMB (approximately N41bn) grant agreement designed to fund high-impact, direct-benefit community projects across Nigeria.
The bilateral agreement was officially signed in Abuja on Thursday by Nigeria’s Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, and the Chinese Ambassador to Nigeria, Yu Dunhai.
The grant fulfils key outcomes of the Forum on China-Africa Cooperation (FOCAC) Summit and recent bilateral agreements between President Bola Ahmed Tinubu and President Xi Jinping.
Ruth Oyiza Zaccheaus is a news blogger, content creator, and microbiology researcher with a deep passion for keeping society informed through timely, well-researched, and verifiable reporting. She covers politics, public affairs, and health, with a strong commitment to accuracy, clarity, and responsible publishing. Drawing from her scientific background, Ruth brings an evidence-based and analytical approach to her work, helping readers understand complex developments and make informed decisions. She is dedicated to bridging the gap between important information and the public, believing that informed readers are empowered readers. Ruth is currently pursuing an M.Sc. degree at a prestigious Nigerian university.
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