South Korea says it is seeking collaboration with the Nigerian government under the leadership of President Bola Tinubu on various areas to enhance and lead the fourth industrial revolution.

Jang Sungmin, the special envoy of President Yoon Suk Yeol, disclosed this at a media parley on Tuesday in Abuja.

“Yoon Suk Yoel has sent me as an envoy to this great nation because it is the leader of Africa, has the biggest market, largest population, natural resources and biggest arable land,” stated Mr Sungmin. “Nigeria has all the criteria for economic power in Africa, and Korea is a country that has all the technologies and development know-how and economic prosperity to lead the fourth industrial revolution.”

He added, “Korea is already leading that industrial revolution. So, President Yeol feels that by combining forces, Korea and Nigeria’s cooperation will not only lead to prosperity and faster economic development for Nigeria but also prosperity for Africa.”

The Korean diplomat stated that the composition of “my delegation shows you that President Yeol is committed and willing to find better ways to cooperate with Nigeria.”

Specifically, he noted that Korea looked “towards a younger generation workforce and natural resources that Nigeria has, especially to enhance and lead the world’s fourth industrial revolution.”

The envoy reiterated that Korea has the technologies, knowledge, skills and human resources for technological transfer, especially in agriculture, cyberspace, security, biotechnology, and oil refinery, stressing, “Korea looks forward to a future with Nigeria.”

He further explained that as Nigeria’s new leadership under Mr Tinubu had opened up the county for business, Korea was interested in investing more in Nigeria.

“We believe that Nigeria, especially the new government of Tinubu and Vice-President Kashim Shettima, is a government we can share these common values with to enhance new economic cooperation,” said Mr Sungmin. “Korea used to receive aid from other countries. That is how we became the 10th largest economy in the world. Now we are using that position to give back to the international community. So, we look forward to cooperation with Nigeria in this sense.”

(NAN)