Nigerian president ends China tour after visiting financial hub in E China

2008-03-01 07:49:04 Xinhua English

SHANGHAI, March 1 (Xinhua) -- Nigerian President Umaru Yar'Adua left China's financial hub of Shanghai Saturday evening, concluding a four-day state visit to China, the first since he assumed office last May.

Yar'Adua said before leaving that he hoped Nigeria could become China's utmost trade partner in Africa in near future.

Nigeria has set a fresh framework of economic and trade cooperation with China through the current visit, Yar'Adua told Shanghai Mayor Han Zheng. "Especially in the fields of oil and natural gas, electric power, agriculture, mining, telecommunication, finance and others."

There are a lot more new projects are to be conducted between enterprises of Nigeria and China, Yar'Adua said.

The president also wished Shanghai a successful World Expo in 2010. Nigeria, confirming its participation in the expo as early as in June 2006, attached great importance to the World Expo, the first time held in a developing country, said Yar'Afua, hoping it could further boost bilateral exchange and cooperation.

When visiting the stated-owned enterprises of electricity and metro construction, Yar'Adua invited more Shanghai enterprises to take part in Nigeria's infrastructure construction.

Yar'Adua, arrived in Beijing on Wednesday evening, held a "highest level" delegation to China since Nigeria declared independence in 1960.

During his stay in Beijing, Yar'Adua held talks with Chinese President Hu Jintao and met with top legislator Wu Bangguo and Premier Wen Jiabao.

Major Nigerian government officials, such as the minister of finance, foreign minister, minister of energy, minister of transportation and two governors and some leading businessmen in Nigeria's banking and industrial sectors are with this delegation.

Trade between Nigeria and China reached 4.4 billion U.S. dollars in 2007, compared to 3 billion dollars in 2006, while Chinese investment in Nigeria is estimated at 3 billion dollars.