Taiwan’s Head of Mission in Nigeria has called on President Bola Tinubu to facilitate the relocation of Taiwan’s Mission in Nigeria from Lagos to Abuja. During a press conference in Abuja, the mission’s Chief, Andy Liu, emphasized the need for the Federal Government to finalize the Investment Promotion and Protection Agreement currently under consideration.
Liu stated that this agreement would significantly boost bilateral relations and drive socioeconomic growth. “Taiwan welcomes the Nigerian Federal Government’s commitment to renew the bilateral Agreement for Investment Protection and Promotion,” Liu remarked. “We are prepared to sign this renewal with our Nigerian counterparts, which will attract more investors eager to explore opportunities in Nigeria.”
He highlighted Taiwan’s expertise in developing industries vital to Nigeria’s economy. “Nigeria is rich in natural resources, while Taiwan possesses the technical knowledge required to harness these assets for mutual socioeconomic advancement,” he explained. “Our collaboration could greatly enhance Nigeria’s agricultural, mineral, and energy sectors, as we have demonstrated successfully with Australia for over 20 years.”
Liu recalled President Tinubu’s pledge to transform South East Nigeria into the “Taiwan of Africa,” expressing Taiwan’s readiness to support this vision. “We can be more than just a valuable partner; Taiwan can significantly contribute to Nigeria and Africa, serving as a model for a thriving non-oil economy,” he added. He urged the Nigerian Federal and State Governments to deepen their collaboration with Taiwan to strengthen bilateral relations.
Reinforcing the importance of increased Taiwanese investments in Nigeria, Liu noted the longstanding trade ties between the two nations. “Our products have gained the trust of Nigerian traders and businesses,” he said, urging the government to attract more Taiwanese companies for trade and investment, underlining the necessity of renewing the investment protection agreement.
