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News // Asia

Nigeria Welcomes China to Operate

17 August 2006 , 13:04635
Nigeria wants Chinese oil companies operating in its resource-rich Delta region to focus more on investment rather than simply shipping oil back home, its ambassador to China said Tuesday.

"We don't want 'take and go'. We are hoping for more foreign investment, including from China," Ambassador Jonathan Oluwole Coker said on the sidelines of the UN-sponsored China-Africa Partnership Seminar in Beijing.

When asked about some of the lingering problems with Nigeria's oil sector, such as security, Coker said that there was much room for improvement by foreign firms.

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