– Moses Ayom calls on President Bola Tinubu to activate a $1.2 billion mining equipment investment deal with China, originally signed in 2016.
– Ayom, who was part of the presidential delegation to China, warned that delaying activation could lead to a potential N500 billion loss to Nigeria’s economy.
– He praised Tinubu’s initiatives but stressed the urgency of engaging with China to reaffirm Nigeria’s commitment to international agreements.
– The mining equipment deal, linked to a MoU signed by Granite and Marble for establishing a mining equipment firm in Abuja, aims to enhance Nigeria’s economy and create jobs for youth.
– Ayom highlighted the significance of the deal alongside other financial agreements made in 2016, including a $6 billion currency swap and a $2.5 billion deal, emphasising his role during these discussions.
– Recently, Tinubu signed new agreements in Beijing, including a MoU for nuclear energy cooperation, signalling a positive trajectory in Nigeria-China relations.
