The Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has expressed full support for the expansion plans of two major Chinese companies operating in Nigeria, following working visits to their facilities. The visits, which took place as part of ongoing efforts to deepen bilateral industrial and trade ties, underscore China’s growing investment footprint in Nigeria’s economy.
At Golden Diamond Limited, a Chinese manufacturing company with operations in Nigeria since 2002, the DG was briefed on an ambitious diversification strategy that spans industrial manufacturing, agriculture, mining, alternative energy, and real estate. Currently focused on producing household and sanitary materials, Golden Diamond is positioning itself for multisector growth, including the production of tiles, sanitary wares, electrical appliances, tableware, as well as involvement in agriculture and mining of key minerals such as lithium, tin ore, and titanium.
The company also plans to enter the renewable energy space with investments in solar panels, inverters, and battery manufacturing. Additionally, it aims to undertake large-scale real estate development, with plans for smart estates, shopping malls, and luxury hotels. Golden Diamond has already committed $500 million to its Nigerian operations and is injecting another $100 million to fund this next phase of expansion. Tegbe applauded the company’s consistent contributions to the Nigerian economy, pledging NCSP’s continued support in facilitating their growth agenda.
At Choice International Group (CIG), the manufacturers of the GAC automobile brand, Tegbe was presented with the blueprint of a landmark $1.2 billion automotive manufacturing project. The initiative, in collaboration with the National Automotive Design and Development Council (NADDC), aims to establish a world-class vehicle production facility in Nigeria. The plant will transition from Semi Knocked Down (SKD) assembly to Completely Knocked Down (CKD), and eventually to full-scale local manufacturing.
According to company officials, the project is expected to yield a $20 billion return over five years and contribute up to 10% to Nigeria’s projected trillion-dollar economy. The DG described the venture as a major step forward in Nigeria-China industrial cooperation, one that is poised to revolutionize local manufacturing, encourage technology transfer, and generate thousands of skilled jobs.
“These two initiatives are significant pillars in the new era of industrial growth and economic transformation Nigeria envisions,” Tegbe stated. “They align perfectly with President Tinubu’s Renewed Hope Agenda and underscore the value of our strategic partnership with China.”
The NCSP reiterated its commitment to promoting investments that advance shared prosperity, industrial capacity, and sustainable development. Tegbe emphasized that China remains a key partner in Nigeria’s industrial and economic renewal, and that the NCSP would continue to serve as a bridge for delivering impactful bilateral investments.
