{"id":307755,"date":"2026-02-24T13:37:07","date_gmt":"2026-02-24T13:37:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/307755\/"},"modified":"2026-02-24T13:37:07","modified_gmt":"2026-02-24T13:37:07","slug":"nigeria-opens-negotiation-for-5-7bn-chinese-investment-across-power-and-mining","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/307755\/","title":{"rendered":"Nigeria opens negotiation for $5.7bn Chinese investment across power and mining"},"content":{"rendered":"<p>\n        Finance Minister Wale Edun held talks in Abuja with a high-level delegation from GCL Group, led by former Abia State governor Orji Uzor Kalu, as the government seeks fresh foreign direct investment to support economic reforms.\n    <\/p>\n<p>\n        \u201cThe proposals include large-scale energy generation, local mineral processing and new factories aimed at boosting jobs, exports and value addition,\u201d the ministry said in a statement.\n    <\/p>\n<p>\n        According to the ministry, the engagement reflects \u201crising investor confidence\u201d in Nigeria\u2019s reform trajectory, particularly policies aimed at improving energy security, deepening industrial output, and sustaining long-term growth.\n    <\/p>\n<p>\n        While detailed project timelines were not disclosed, the government framed the talks as consistent with its push to attract targeted capital into sectors with strong multiplier effects.\n    <\/p>\n<p>\n        For global investors, the potential deal signals Beijing\u2019s continued commercial interest in Nigeria\u2019s industrial expansion, even as Abuja works to reposition itself as a manufacturing and processing hub within Africa\u2019s rapidly evolving economic landscape.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Finance Minister Wale Edun held talks in Abuja with a high-level delegation from GCL Group, led by former&hellip;\n","protected":false},"author":2,"featured_media":307756,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-307755","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/307755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=307755"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/307755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/307756"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=307755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=307755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=307755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}