Nigeria’ll boost economic relations with Tanzania – Buhari

Nigeria’ll boost economic relations with Tanzania – Buhari
June 07 15:38 2018

By Ahmed Idris

Nigeria is ready to boost economic ties with Tanzania for the benefit of citizens of the two countries, President Muhammadu Buhari said on Thursday in Abuja.

Receiving the Letter of Credence from the High Commissioner of Tanzania to Nigeria, Muhidin Moweto, at the Presidential Villa, the President said the two countries had a lot of potentials which can make them key economic actors in the region.

The President congratulated the Government of Tanzania for the recent discovery of gas reserves in the coast region, noting that it offers a lot of opportunities for the country.

”Nigeria and Tanzania have a lot of potentials. We will do our best to improve relations, which dates back to the pre-colonial era,” the President said.

In his remarks, the Tanzanian High Commissioner underscored the positive roles of Nigerian firms in the country, particularly in the manufacturing and banking sectors.

”My primary objective is to strengthen and enhance existing relations of both nations and to take our economic ties to a new height. We need more Dangote’s (companies) in Tanzania to help in developing the country,” the High Commissioner said.

The Tanzania envoy also conveyed the appreciation of President of Zanzibar, which is a semi-autonomous region within Tanzania, to President Buhari for the deployment of 41 Nigerians teachers in the region under the Technical Aid Corps (TAC) programme of Nigeria’s Ministry of Foreign Affairs.

”The teachers are doing very well,” Moweto said, appealing for the deployment of more Nigerian teachers to Tanzania.

The President also received the Letter of Credence from the Ambassador of the Republic of Korea to Nigeria, Lee In-Tae, and commended the Korean Government for its education development programmes in the country through the Korea International Cooperation Agency (KOICA).

In his remarks, the Korean Ambassador praised Nigeria’s new economic plans encapsulated under Economic Growth and Recovery Plan (EGRP), which among others targets seven per cent GDP growth rate in Nigeria by 2020.