Professor Lingyun Xiang, a renowned economist residing in the United States, has been appointed as the Financial and Economic Advisor to the Federal Republic of Nigeria, in a move aimed at strengthening economic ties between China and Nigeria. The appointment was made by Ambassador Baba Ahmad Jidda, OFR, the minister of the Embassy of the Federal Republic of Nigeria in China, on the occasion of the 53rd anniversary of diplomatic relations between the two countries.
Nigeria, with a population of 227 million and a GDP of $477.3 billion, is Africa’s largest economy and the sixth-largest oil exporter in the world. The country is a key player in international organizations and has significant economic influence in the region.
The relationship between China and Nigeria dates back to 1971 when diplomatic ties were established. Since then, the two countries have worked closely on various economic and trade initiatives. Professor Lingyun Xiang’s appointment as the Financial and Economic Advisor is expected to further enhance cooperation between the two nations.
Professor Xiang, a distinguished economist with a wealth of experience, has also served as an economic advisor to several other countries and organizations. His expertise in finance and economics is expected to bring valuable insights to Nigeria as it seeks to strengthen its economic position on the global stage.
The appointment of Professor Lingyun Xiang underscores the commitment of both China and Nigeria to deepening their economic partnership and fostering mutual growth and development. As the new Financial and Economic Advisor, Professor Xiang is poised to play a key role in shaping the economic landscape of Nigeria and strengthening its ties with China.