President Bola Ahmed Tinubu has appointed Joseph Olasunkanmi Tegbe as Director-General and Global Liaison for the Nigeria-China strategic partnership reached by the two countries.
Tegbe, an Oyo People Democratic Party (PDP) Senatorial Candidate During 2023 general election will report directly to the President.
He is a fellow of the Institute of Chartered Accountants of Nigeria (FCA) and a fellow of the Chartered Institute of Taxation of Nigeria.
He will immediately submit a strategic action plan to enable Nigeria to benefit from the agreements between the two countries in Beijing.
As the czar of the strategic partnership, he will lead day-to-day operations, engage continuously with the Chinese counterparts, and ensure that all deliverables are met and synchronised with national development goals.
In the strategic plan, he will outline the specific deliverables, timelines, and key performance indicators for each area of cooperation. This will include priority projects, projected investments and expected socioeconomic outcomes.
At the 2024 Forum on China-Africa Cooperation (FOCAC), President Xi Jinping pledged 360 billion yuan, or about $51 billion, in new financing to African nations in the next three years. He also pledged support for 30 infrastructure projects to boost connectivity across the continent and create one million jobs.
During his official visit before the FOCAC, President Tinubu also obtained a commitment from President Xi to support Nigeria’s economic diversification plans, infrastructure development, technology transfer, and job creation.
Nigeria and China, among others, agreed to collaborate on expanding Nigeria’s rail network, upgrading power distribution, and creating new industrial parks.
The two countries committed to establishing hospital alliances and collaborating on medical research. Under the agreement, Chinese healthcare professionals will be deployed to support Nigeria’s healthcare system.
Recall that President Tinubu has earlier appointed Nyesom Wike as FCT Minister.
