President Bola Tinubu on Tuesday reaffirmed his administration’s commitment to the effective implementation of ongoing economic reforms in the country.

The president, according to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, stated this at a meeting with his Chinese counterpart, Xi Jinping, in Beijing.

He said: “We believe that President Xi has demonstrably reformed the Chinese economy, and our reform programme in Nigeria is on a similar course. I am a reformer with verifiable antecedents.

“We have recognised the need to reform our economy; we are doing so diligently across tax and tariff reviews, and to other segments of our nation’s economy.

“Trading and investment partners will have easy access to bring in their investments and seamlessly take their resources out.”

In his remarks, Jinping noted the strong mutual understanding between Nigeria and China since the establishment of diplomatic ties over the past 50 years.

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“We have found the path of seeking collective strength, through unity, and win-win cooperation.

“China and Nigeria, as major developing countries, strengthening strategic coordination, will inject fresh impetus to China-Africa relations in the new era and spearhead common progress among Global South countries,” Jinping said.

According to the Chinese leader, the 2024 Forum on China-Africa Cooperation (FOCAC) Summit, scheduled to be held from September 4 – 6, provides an opportunity to reflect on mutual friendships and advance the consolidation of China-Africa relations.

He said China and Nigeria would continue to work closely within the FOCAC framework as a model of cooperation between nations

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