Yar'Adua Seeks China's Help on Nigeria's Energy Crisis

Sino-Nigerian relations got a boost yesterday after talks in Beijing between Presidents Hu Jinatao and Umaru Musa Yar'Adua, who pledged to pursue mutually
beneficial industrial, economic and political interests at home and on the global stage.

In fact, Yar'Adua called for the setting up of a mutually-beneficial strategic partnership with China for the rapid development of Nigeria's power and energy sector as well as its transportation infrastructure.

He said at the end of his bilateral talks with Hu Jintao that "the direction we want to go is Private-Public-Partnership (PPP) in which Chinese investors can partner with their Nigerian counterparts to invest in these strategic areas and recoup their investments within a certain period."

The Chinese President also proposed the establishment of a Nigeria-China Joint Commission on Trade and Investment.

Hu Jintao promised that China would work with the African Union (AU), the United Nations (UN) and the Sudanese government to achieve a permanent resolution to the crisis in Darfur.

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Nigeria and China are beginning to work together to help one another's energy crises. China needs gas for their industrial sector, whereas Nigeria needs gas for transportation, power, and energy. The two countries could form a commission of trade and investment. By 2020, they hope to include as many as twenty countries. Hu Jintao has promised to help Nigerian and the African Union permanently resolve the crisis in Darfur. This relatioship with China should be beneficial to Nigeria. In the long run, it will help their economy as well as help them establish better relationships with other countries.

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