The Minister said this while addressing State House correspondents alongside his Nigerian counterpart Amb. Yusuf Tuggar, after a meeting with President Bola Tinubu. Yi, who expressed confidence in Nigeria, said the Chinese government would encourage the Federal Government to issue the panda bonds because its safety would be guaranteed through financial support. Panda is a bond denominated in Chinese renminbi (RMB) and issued by non-Chinese entities in the China domestic bond market.