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China-Nigeria Trade Volume Hits $20 billion mark
China-Nigeria Trade Volume Hits $20 billion mark
By: Michael Mike
The Chinese Ambassador to Nigeria, Mr. Yu Dunhai has disclosed that the current trade volume between Nigeria and China stands at over $20 billion.
The envoy also disclosed that efforts are on from both countries to ensure that the current volume of trade between both countries improves.
Yu spoke on Saturday during the Chinese New Year Celebration, with the theme “Year of the Golden Snake”
The Lunar New Year will be celebrated on Wednesday, Jan. 29. The occasion is based on the lunar calendar and takes place all around the world but it’s primarily celebrated by Asian countries. This year, it will mark the beginning of the year of the snake.
Speaking on China-Nigeria bilateral relations, the envoy said: “The trade volume exceeds $20 billion last year. And I think Nigeria is the largest engineering contract and the second largest exporting market and the third largest trade partner for China in Africa.
“And of course, we would like to work with Nigeria to bring our trade volume to even higher because we see there is a big potential.
“Nigeria is a major African country that has world influence and particularly Nigeria is now also a partner country of BRICS.
“So last year we held the forum for China-Africa cooperation and we look forward to working together with Nigeria to implement the ten action partnerships and to benefit people in Nigeria and China.”
Speaking on the significance of this year Chinese New Year Celebration, Yu said “we believe that it represents hard work, intelligence, happiness. So we hope that the year of the snake will bring peace and prosperity for Chinese and Nigerian people.
He also added, “Well, you know, the year 2025 is going to be a big year for China and Nigeria.
“It’s because last year, President Bola Tinubu paid a state visit to China and the two presidents agreed to elevate our bilateral relations to a comprehensive strategic partnership. And one of the pillars for this relationship is the very close people to people and the cultural exchange. So for the Chinese embassy, each year we organize this spring festival temple fair.
“And this year we invited over 2,000, both Nigerians and the Chinese to enjoy, to celebrate together with us. Because the start of the Chinese New Year is usually is a time for celebration, a time for reflection and also a time for reunification.
“And we look forward to working with people from all walks of life in Nigeria to materialize the very important consensus we reached between our two heads of states and bring our two countries’ cooperation to a new level.”
On his part, the Permanent Secretary, Federal Minister of Arts, Culture, Tourism and Creative Economy, Mr. Raphael Obi, urged the Chinese to invest in the country’s Creative industry, noting that there is so much to be tapped from Nigeria’s rich culture.
He said: @There is a lot Nigeria and China can do together we have a lot of cultural exchanges and we’re inviting every Chinese that wants to stay and work in Nigeria to feel free, come in and do so because we have a lot of space. In the creative economy alone, we have millions of spaces because that is where we showcase our talents.
“Then the arts, culture and tourism is a very vast sector in Nigeria but we’re inviting the people of China to come and share those things that make them special in the world to share with us and we also wish our own with them.
“China is a very rich cultural country just as Nigeria and we have a lot of things in common at the cultural and tourism level.
He prayed for a stronger China “and the opportunity to continue to share their talents, their resilience and their prosperity with the rest of the world so that the world will be a better place for everybody to live.”
China-Nigeria Trade Volume Hits $20 billion mark
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
By: Zagazola Makama
The detained leader of the proscribed separatist group, Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Friday failed to open his defence in his ongoing terrorism trial before a Federal High Court in Abuja.
Kanu attributed his inability to present his defence to the failure of his former legal team, led by former Attorney General of the Federation (AGF) Kanu Agabi, to hand over his case file, preventing him from adequately preparing.
The defendant was initially slated to open his defence on Thursday but instead announced the sacking of his legal team and requested a short adjournment until Friday.
On Friday, the prosecuting counsel, Adegboyega Awomolo (SAN), informed the court that the case was scheduled for Kanu to open his defence. When called, Kanu informed the court he could not proceed as those responsible for delivering his case file to the Department of State Services (DSS) facility, where he is being held, had failed to do so.
Kanu prayed for an adjournment until Monday, October 27, to access the case file and familiarise himself with its contents. He further stated he was expecting witnesses from the United Kingdom, the United States, Kenya, and Ethiopia, and requested an order allowing him to meet with them over the weekend for preparation.
The court granted his request, instructing the DSS to allow Kanu receive visitors on Saturday and Sunday. Justice James Omotosho adjourned the trial till October 27 for Kanu to open his defence, warning that the six days initially granted for his defence, which began on October 23, will not be extended.
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
Farmer injured in herders’ attack in Konduga
By: Zagazola Makama
A farmer has been hospitalized after sustaining severe machete wounds in an attack by suspected herders at Jakana Village, Konduga Local Government Area of Borno State.
The incident occurred on Wednesday when a group of herders reportedly led their cattle into a beans farm belonging to locals and grazed on the crops.
During an attempt by Mohammad Ali Fantami, 30, of Kadamari Lamboa bush, to drive the cattle away, one of the herders allegedly attacked him with a machete, severing his left hand and inflicting deep cuts on his neck before escaping.
The victim was evacuated to the University of Maiduguri Teaching Hospital (UMTH), where he is said to be responding to treatment.
Efforts are ongoing to trace and apprehend the perpetrators as investigations continue into the incident.
End
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
By: Zagazola Makama
Troops of the Nigerian Army under Operation Hadin Kai have foiled a series of ambush attacks by Boko Haram and Islamic State West Africa Province (ISWAP) terrorists along the Damasak–Gubio road in Magumeri axis of Borno State.
Zagazola Makama gathered that the troops, who were on a fighting patrol as part of Operation Desert Sanity IV, came under fire from suspected terrorists on arrival at Binduldul.
Sources stated that the troops responded with superior firepower, forcing the terrorists to flee in disarray. Reinforcements led by the Commanding Officer of the Battalion later exploited the scene, recovering two motorcycles, one AK-47 rifle, five blankets, three praying mats, a spare motorcycle tyre and two gallons of engine oil.
The sources added that one terrorist was neutralised during the encounter.
Furthermore, at about 3:05 p.m. on the same day, while withdrawing from the area, the troops encountered another ambush involving an Improvised Explosive Device (IED) attack followed by heavy gunfire from ISWAP fighters near Kardio village.
The soldiers successfully repelled the assault, safely detonated another IED along their main supply route, and returned to base without any casualty.
Photographs from the operation indicated successful recovery of items and neutralisation of threats in the area.
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
Decomposed body of kidnapped man found in mining pond in Jos South
Man abducted after delivering ransom for kidnapped child in Kogi
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