Garba Shehu, Presidential spokesman, revealed that Nigeria and China have completed arrangements to sign $328 million agreement on the National Information and Communication Technology Infrastructure Backbone Phase 11 (NICTIB 11).
Shehu, who is the Senior Special Assistant to the President on Media and Publicity, has made this known in a statement on Saturday in Abuja.
The presidential aide said that President Muhammadu Buhari, who arrived Beijing, China, on Saturday, would join his Chinese counterpart, Xi Jinping to witness the signing of the agreement.
He said: “President Buhari and his Chinese host will also witness the signing of the MoU on One Belt One Road Initiative (OBOR).
“During the High-Level Dialogue between Chinese and African Leaders, and Business representatives on the margins of FOCAC, the Nigerian delegation is also expected to sign no fewer than 25 MoUs.
“These include those proposed by the Nigerian Investment Promotion Commission (NIPC), Nigerian National Petroleum Corporation (NNPC), and Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).’’