NCSP Hosts Chinese Consortium to Deepen Nigeria–China Investment Cooperation

NCSP Hosts Chinese Consortium to Deepen Nigeria–China Investment Cooperation

Mr. Carter (Newryton Official); Lela Omo-Ikirodah (Project Manager, NCSP); Mr. Pong (CEO, Newryton); Judy Melifonwu (Head, International Relations and Events, NCSP); Mr. David Chen (Assistant Secretary-General, China–Hainan Investment Council); Martins Olajide (Head, Internal Operations, NCSP); Joe Onyuike, Esq. (Vice-Chairman, NACCIMA Agriculture & Livestock Trade Group); Adeola Adelabu (Head, Media and PR).

The Nigeria–China Strategic Partnership (NCSP) has hosted a high-level delegation from Newryton International Industrial Development Co. Ltd, a leading Chinese investment and industrial development consortium, as part of ongoing efforts to strengthen bilateral trade, industrial cooperation, and development financing between Nigeria and China.

The delegation, led by Mr. David Chen, Assistant Secretary-General of the China–Hainan Investment Council, had earlier held engagements with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP meeting by Mr. Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed the association’s support for the discussions.

Key deliberations focused on the proposed establishment of a Nigeria–China Trade and Investment Platform, including plans for a Promotion Centre in China to support Nigerian products, investors, and sub-national governments. The Chinese consortium also presented investment opportunities available within Hainan Province’s Free Trade Port (FTP), highlighting preferential trade and investment policies that Nigerian businesses can leverage to boost exports and attract capital inflows.

Speaking on behalf of Newryton, Mr. Pong outlined plans to collaborate with NCSP to access financing opportunities supported under the Forum on China–Africa Cooperation (FOCAC) for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a priority area and drew attention to the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate. They also expressed readiness to deepen cooperation in vocational training and job creation under the Belt and Road Initiative (BRI).

Welcoming the delegation, NCSP’s Head of Internal Operations, Martins Olajide, speaking on behalf of the Director-General, reaffirmed the organisation’s commitment to promoting mutually beneficial partnerships between Nigeria and China. He highlighted NCSP’s interest in the proposed trade and investment platform, as well as the development of the Nigerian Oil Palm Industrial Park as a flagship project.

Also speaking, NCSP’s Head of International Relations and Events, Judy Melifonwu, underscored the opportunities created by China’s zero-tariff policy and the forthcoming Nigeria Agricultural Quarantine Service (NAQS)–General Administration of Customs of China (GACC) protocol on the export of Nigerian aquaculture products. She noted that these initiatives would significantly enhance Nigeria’s competitiveness in global markets.

Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all identified priority areas.