Nigeria to boost economic ties with Tanzania

Nigeria to boost economic ties with Tanzania


President Muhammadu Buhari on Thursday expressed his readiness for Nigeria to boost economic ties with Tanzania for the benefit of both countries.

Receiving the Letter of Credence from the Tanzanian High Commissioner to Nigeria, Muhidin Moweto, at the Presidential Villa, Abuja, President Buhari said both countries had several potentials to them key economic actors on the continent.

The President, in a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu, also congratulated the Tanzanian Government on the recent discovery of gas reserves in the coast region.

Buhari noted that the development offers huge 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 separate remarks, President Buhari, who also received the Letter of Credence from the Ambassador of the Republic of Korea to Nigeria, Lee In-Tae, commended the Korean Government for its education developmental programmes in the country through the Korea International Cooperation Agency (KOICA).

Earlier the Tanzanian High Commissioner underscored the presence and positive roles of Nigerian firms in his 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.

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