President Bola Tinubu, yesterday, hosted the Special Envoy of the President of South Korea, Mr. Won Hee-Ryong, and discussed areas where the Nigeria-South Korea investment and trade ties, across key sectors of the nation’s economy, could be further expanded.

According to a statement issued by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, the meeting at the State House was a follow-up to productive discussions between President Tinubu and South Korean President Yoon Suk Yeol during the G-20 Leaders’ Summit in New Delhi, India.

 President Tinubu commended the efforts that have been made in implementing the commitments made during his discussions with President Yoon in India, noting that these commitments are aimed at strengthening the economic and technological partnership frameworks between the two nations

 “I am encouraged that your President acknowledged these requests and emphasized the importance of Nigeria in the African context by sending you as a Special Envoy. Rest assured, we are committed to providing the necessary support to bolster the bilateral relationship that has flourished over the years,” the President said. 

With an eye on an increased South Korean presence in the transformation of Nigeria’s national, multi-modal transportation system, President Tinubu also emphasized the need for greater South Korean investment in the establishment of local industries for youth employment and technology transfer as Nigeria seeks to understudy and replicate South Korea’s national transportation system.