China has donated $1 million to Nigeria to assist communities affected by the current devastating floods throughout the nation.
The donation was formalised on Wednesday in Abuja via a signing ceremony between the Chinese language authorities and Nigeria’s Ministry of Finances and Financial Planning, as reported by the Information Company of Nigeria (NAN).
On the occasion, Chinese language Ambassador to Nigeria, Yu Dunhai, expressed China’s solidarity with Nigeria, noting that each international locations have not too long ago confronted pure disasters. He provided condolences to households who misplaced family members and reaffirmed China’s confidence in Nigeria’s potential to recuperate.
“China has donated a million {dollars} to Nigeria in assist of individuals affected by the current devastating floods throughout the nation,” the NAN report learn partially.
It additional quoted Dunhai as saying, “We wish to specific our deep condolences for the individuals who misplaced their lives and in addition specific our assist.”
The ambassador additionally highlighted the broader course of China-Nigeria relations, stressing that ties between the 2 nations are grounded in mutual respect, commerce, and cooperation.
He pointed to China’s current announcement of zero-tariff remedy on tons of of tariff traces for African international locations, together with Nigeria, which is anticipated to spice up Nigerian exports and assist job creation.
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Minister of Finances and Financial Planning, Sen. Atiku Bagudu, mentioned the $1 million assist was coming at an important time, particularly for communities hardest hit by the current floods. In keeping with him, the intervention won’t solely present aid but in addition complement the federal government’s ongoing efforts to rebuild livelihoods within the affected areas.
- He defined that the Ministry, working with related companies, will put in place a clear framework to handle the funds, drawing from previous experiences to make sure effectivity and accountability. A joint monitoring mechanism with the Chinese language Embassy has additionally been agreed upon to ensure that the help reaches these most in want.
- Bagudu famous that past the rapid humanitarian profit, the donation underscores the depth of cooperation between Nigeria and China.
He highlighted that the partnership now extends past commerce, infrastructure, agriculture, and know-how into catastrophe aid, reflecting a broadening relationship between the 2 international locations. He burdened that Nigeria values China’s gesture not solely as well timed assist but in addition as an illustration of goodwill and solidarity. In keeping with him, the act reinforces the long-standing friendship and shared imaginative and prescient for sustainable growth that each nations proceed to construct on.