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Nigeria courts Chinese investment as interest booms in oil, gas and bigger opportunities

Nigeria is actively seeking increased Chinese investment, particularly in oil, gas, and infrastructure, aiming to shift towards value-added exports and address trade imbalances. Over 200 Chinese companies have expressed interest following President Tinubu's visit to Beijing and the signing of a bilateral agreement. While China sources oil elsewhere, its engagement with Nigeria is driven by broader market access and project opportunities, including the new China-funded seaport.
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