Connect with us

National News

Developed Countries Should Assist to Free Africa from Shackles of Debt- Shanghai Institute

Published

on

Developed Countries Should Assist to Free Africa from Shackles of Debt- Shanghai Institute

Developed Countries Should Assist to Free Africa from Shackles of Debt- Shanghai Institute

By: Michael Mike

The only way for Africa to be freed from the shackles of debt and get its development back on track is if assisted by developed countries, private financial institutions and international multilateral financial institutions.

This was this submission of an international online seminar with the theme “Africa’s Debt Situation and China’s Responses”, organised by the Shanghai Institute of International Studies (SIIS).

The seminar held at the weekend had in attendance experts and professionals from international organisations, enterprises, Chinese and foreign think tanks and representatives from universities, where they discussed in depth two major topics, assessing the debt situation in Africa, and China’s role in the African debt issue.

take stronger actions in providing financial support to developing countries and alleviating their debt

The seminar aimed to deepen the understanding of African debt crisis, and explore how China and the African community can deepen their cooperation with Africa. At the same time, the seminar called on all parties to coordinate and cooperate on this problem, especially the developed countries, private financial institutions and international multilateral financial institutions, and together they should take stronger actions in providing financial support to developing countries and alleviating their debt through actions by all parties can the world help Africa and the global economy to achieve inclusive and sustainable development.

Four guests from different countries and fields provided in-depth analysis on the topics. Professor Deborah Brotigam, Director of the China-Africa Studies Initiative Program at Johns Hopkins University, shared her research results and made constructive suggestions on China’s loans to Africa, the proportion of Africa’s external debt, China’s debt treatment for Africa, and China’s participation in G20 debt treatment. 

Gregory Smith, emerging markets fund manager from M&G Investments analyzed the overall debt situation of African countries, deeply analyzed the manifestation and root causes of debt problems of African countries from the perspective of sovereign bonds and private creditors, and pointed out the importance of coordinated participation of different creditors. 

Wang Luo, Director of China Academy of International Trade and Economic Cooperation, provided a new perspective on China’s participation in African development and support for African countries to deal with debt challenges from the perspective of “debt to development”. 

Also Read: 2023: Why Kashim Shettima will bring massive votes than Any Presidential Running…

Rui Wanjie, Founder and CEO of Rui Naxin Consulting, commented on the experience of dealing with debt crises in African countries in the 1990s and on China-Africa development cooperation, especially emphasizing the importance of quality cooperation and sustainable financing between China and Africa.

Chen Dongxiao, President of Shanghai Institutes for International Studies (SIIS), delivered the opening speech, while senior fellow Zhou Yuyuan from the Center for West Asian and African Studies and senior fellow Ye Yu from the Center of World Economy presided over the conference. Giles, head of the African-Chinese Chamber of Commerce, gave the concluding remarks. 

Chen Dongxiao pointed out that although African economies in general showed signs of steady recovery, the debt problem remained serious. The international community has provided positive support to African countries through many agendas and initiatives, and how to enhance the effectiveness of debt response and global governance is still an important issue. 

He insisted that China is a staunch partner of Africa in terms of mutual development and has been playing an active role in addressing Africa’s debt problems..

The session concluded with a response from senior fellow Zhou Yuyuan of the Center for West Asian and African Studies of the Shanghai Institutes for International Studies from the perspective of China’s contribution to Africa’s development cooperation, arguing that debt relief for Africa requires all relevant parties to balance to the relationship between short-term emergency relief and long-term debt governance. 

The conference was open to the public and was attended by about 150 people from different countries.

Developed Countries Should Assist to Free Africa from Shackles of Debt- Shanghai Institute

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

SPPG Calls on Technocrats, Others to Step into Political Arena to Drive Nigeria’s Governance Reform

Published

on

SPPG Calls on Technocrats, Others to Step into Political Arena to Drive Nigeria’s Governance Reform

By: Michael Mike

Technocrats, professionals, and values-driven leaders have been asked to step into the political arena and drive meaningful governance reform in Nigeria.

The call was made by the School of Politics, Policy, and Governance (SPPG) in a statement at the weekend.

The School of Politics, Policy, and Governance (SPPG) is an unconventional school designed to attract, develop and produce a new generation of political leaders who will listen and serve the new class of citizens who know their rights.

The statement read that: “In line with this mission, the school has officially launched the #JoinPolitics campaign, a bold initiative urging technocrats, professionals, and values-driven leaders to step into the political arena and drive meaningful governance reform in Nigeria. With applications now open for the SPPG Class of 2026, this campaign calls on the nation’s best and brightest to replace the compromised ruling class and restore integrity to governance.”

According to the statement: “A world-class academic education initiative, the SPPG is designed as a 21st century Disruptive Thinking Leadership programme to train 10,000 new political leaders in five years who will run for elective offices at State and Federal levels in legislative and executive offices, thus presenting the electorate with top quality choices of candidates. These leaders will form the massive base and pipeline of a new and Disruptive thinking political class, known for their Values-Driven Character, Unquestionable Competence and Undeniable Capacity.”

Founder & Chair of SPPG Dr. Obiageli “Oby” Ezekwesili,, highlighted the root cause of Nigeria’s leadership failure and why professionals must step up to fix it, she said: “Poor governance is the direct outcome of a leadership pipeline that has prioritised personal ambition over public service. A nation cannot thrive when those in power lack the character to lead with integrity, the competence to make informed, evidence-based decisions, and the capacity to drive meaningful change. If we do not intentionally develop a new class of leaders anchored in these values, Nigeria will continue to suffer the consequences of poor governance.”

She noted that the SPPG is that pipeline equipping leaders with the right knowledge, network, and values. We are committed to ensuring that Nigeria’s governance system is led by competent, ethical, and accountable individuals.

Speaking on the campaign, CEO of SPPG,
Alero Ayida-Otobo, emphasised the critical role professionals and technocrats must play in fixing Nigeria’s leadership crisis.

She said: “For decades, Nigeria’s governance structures have been hijacked by individuals who lack the character, competence, and capacity to lead. Meanwhile, our country boasts some of the most brilliant professionals – doctors, engineers, economists, entrepreneurs – who have excelled globally but remain absent from politics.

“It is time for these technocrats to wake up, step forward, and lead. Your expertise is needed in governance, not just in boardrooms or the private sector. If the best of us refuse to engage, the worst of us will continue to rule. The time to act is now.”

She noted that at its core, SPPG exists to bridge Nigeria’s leadership gap by developing ethical, capable, and transformative leaders who will drive systemic change.

Dr. Abiola Akiyode-Afolabi, Dean of SPPG Nigeria, reinforced this mission, stating that: “Through our unconventional curriculum, we instill integrity, empathy, and accountability, ensuring that our graduates make ethical decisions in leadership. With intensive academic training and hands-on learning from our stellar faculty, we equip our students with the expertise and skills to navigate Nigeria’s complex political and governance landscape.”

According to the statement, the SPPG Class of 2026 offers a rigorous, unconventional 10-month curriculum designed to prepare professionals for leadership in governance. Taught by world-class faculty and enriched by a strong Network of SPPG Public Leaders, the programme provides practical skills, real-world political strategies, and access to a supportive ecosystem of like-minded changemakers.

SPPG invites visionary professionals who are ready to transition into political leadership, the statement said ideal candidates include technocrats and industry leaders like engineers, economists, lawyers, doctors, and business executives ready to apply their expertise to governance.

Also expected to apply are public service enthusiasts especially individuals eager to drive policy reforms, shape governance, and champion democratic accountability; and aspiring political leaders, among who are those interested in running for office or securing key positions in governance to restore national trust and effective leadership.

According to the statement, the deadline for application is August 31, 2025 with scholarships having 40 to 100 percent terms and conditions with interested candidates asked to visit https://nigeria.thesppg.org/apply.

SPPG Calls on Technocrats, Others to Step into Political Arena to Drive Nigeria’s Governance Reform

Continue Reading

National News

Seyi Tinubu storms Damaturu to consult with the youths

Published

on

Seyi Tinubu storms Damaturu to consult with the youths

By: Bodunrin Kayode

Following after his agenda of connecting with the young people in Nigeria, Sheyi Tinubu, son of President Bola Tinubu, yesterday visited Damaturu, the Yobe State capital to engage with the young people of the state while breaking fast.

The “iftar” engagement was aimed at connecting with the young stakeholders in the polity in the state with a view to possibly watering the ground of any form of latent tension by rallying support for his father Bola Tinubu ahead of the 2027 general elections.

The visit, seen as a strategic move in the buildup to the pending political season, was heralded with a courtesy call on the Governor of Yobe state, Mai Mala Buni before settling into the banquet hall of the government house for an interactive session with stakeholder from all over the state who gathered in the hall hours before his arrival.

Although he did not settle down to have the iftar with the mammoth crowd waiting for him in the hall, it turned out to be a bold reaffirmation of his father’s commitment to youth development and national progress as he went round the tables and acknowledged the guests waiting for him.

The iftar in the banquet hall though a bit rowdy in Damaturu, the Yobe State capital, was the second half of the visit of the scion of the billionaire magnate and President of Nigeria, Bola Tinubu was held amidst tight security as he was ushered into the hall for the business of the evening.

The visit actually marked a significant political outreach by the inner caucus of the presidency, with the son of Tinubu engaging mostly young people in what many observers described as a prelude to a broader political campaign lying ahead to usher in his father’s desired second term proposed for 2027 just two years from now.

Seyi accompanied by the Minister of youth development Olawande Emmanuel had earlier visited the Emir of Damaturu
Dr Shehu Hashimi El-Kanemi to receive royal blessings from the monarch before his private talks with Governor Mai Mala Buni at the Government house.

At the banquet hall in the government house Damaturu, the youth minister Emmanuel had addressed the crowd shortly after their arrival at Banquet Hall galvanizing support for his Principal President Bola Tinubu.

Some of the stakeholders who interacted with this reporter during the goodwill visit posited that the young Tinubu was indeed trying to learn the ropes politically creating friendship aimed at pacifying the north after the last altercation the region had with his father over sweeping proposals within the revenue sector of the country.

They however agreed that the visit was both symbolic and strategic, noting that it was beyond just politics, but a call for young people to participate in national development and assist in the stabilization of the polity.

Seyi Tinubu storms Damaturu to consult with the youths

Continue Reading

Health

We have the best Opthalmology department in the North East of Nigeria – Prof. Tahir

Published

on

We have the best Opthalmology department in the North East of NigeriaProf. Tahir

By: Bodunrin Kayode

Medical Director of the ultra modern Police Hospital Damaturu Prof Bashir Tahir has said that his facility has one of the best Ophthalmology departments in North East Nigeria.

He made this declaration while speaking with this reporter in Damaturu recently.

Professor Tahir stated that having met the facility in a near comatose state, he and his team have been able to create a department of Opthalmology plus six others and set it on a very high standard ready to serve the people in the catchment area.

Tahir who spoke through his Director of Administration Mallam Hamza Saleh stated that “Our Opthalmology dept is one of the best in the North East of Nigeria and you can get a recommended glasses within an hour because of the state of arts machines in that very department in the hospital.”

Speaking on the current expansion going on in the facility the MD stated that “We have ENT and consultants coming from the University of Maiduguri Teaching Hospital UMTH alternatively during the week to do routine consultations, ward rounds and even operations in the theatre.

“We recently spent about N10m to buy equipments in the ENT and we do hope that all the equipments will be available before the end of the year.

On the revitalization of the facility, he went on: “We actually met the three theatres in bad shape but we have been able to put them into functional use by restructuring them accordingly. For now all three are functioning including the O and G theatre where routine operations have been conducted.

“When we came on board also the hospital was not departmentalized. So we did that and opened the way for more doctors to come by creating these seven departments for them to work in an organized way.

“All the departments are functional with seven consultants who man these departments to the satisfaction of all the patients who visit the facility.

This new facility can also boast of two Eye Nose and Throat surgeons and others as the support staff to support the facility.

“We have about 100 nurses with one that is a police officer. We also have some of them with specialized techniques and that has contributed to the progress of the place.

On medical lab scientists, the MD posited that they now have six lab scientists in different areas, two pharmacists and a couple of technicians that assist them on the ground on a daily basis.

They have a solid Public Private Partnership (PPP) arrangement with a pharmacy company in the supply of drugs which is used to stabilize the availability of drugs in the hospital.

On supply of drugs, he noted that they make sure that people served well and patient are the priority of anything that happens in the facility adding that they now have satellite pharmacies in the facility to ensure quality time is not wasted.

The MD said that it was part of their plan to get most of the major equipments before any fresh employment of any professional commences so that all hands will be on deck to ensure the best.

We have the best Opthalmology department in the North East of NigeriaProf. Tahir

Continue Reading

Trending

Verified by MonsterInsights