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

UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

Published

on

UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

By: Michael Mike

The United Nations Special Rapporteur on Freedom of Religion or Belief, Nazila Ghanea, has delivered one of the starkest international assessments yet of Nigeria’s security situation, warning that entrenched impunity and collapsing accountability systems are fuelling a self-perpetuating cycle of violence across the country.

Speaking at the end of an 11-day official visit, Ghanea said Nigeria’s insecurity has moved beyond episodic attacks to a structural crisis characterised by mass killings, repeated displacement of communities, destruction of livelihoods and widespread erosion of public trust in state institutions.

She said what emerged consistently from her engagements with over 200 stakeholders — including government officials, security agencies, victims, civil society organisations and religious leaders — was a country struggling to contain overlapping threats of terrorism, banditry, kidnapping, communal conflict and organised criminal networks.

According to her, the failure to ensure accountability for atrocities has created conditions in which violence is not only repeated but expands, leaving entire communities trapped in cycles of fear and survival.

“The absence of justice and accountability appears to be entrenching these cycles of violence and encouraging their spread,” she warned.

The UN envoy said victims across multiple regions described repeated attacks that destroyed entire villages, forced mass displacement and left survivors dependent on internally displaced persons’ camps with no clear path to return home.

She noted that many communities have suffered repeated assaults over the years, with some victims reporting displacement as many as six times, each time forced to rebuild their lives only to face renewed violence.

Ghanea also drew attention to disturbing accounts of armed groups allegedly imposing terms on rural communities, including arrangements in which residents surrender farmland and agricultural produce under coercion, deepening what she described as a breakdown of state protection in rural areas.

She warned that the scale and persistence of abductions — including kidnappings of children, clergy, traditional leaders, security personnel and political figures — has created a parallel economy of ransom and fear that further weakens state authority.

The Special Rapporteur said insecurity has also triggered the rise of vigilante groups, community defence networks and informal security structures, reflecting what she described as citizens’ growing loss of confidence in formal protection systems.

Ghanea further cautioned that the proliferation of arms and informal checkpoints risks blurring the line between community self-defence and criminal exploitation, warning that weak oversight could worsen insecurity.

Beyond violence, she raised concerns about structural issues affecting freedom of religion or belief, including the continued requirement in some administrative processes for citizens to declare their religion, saying such practices reinforce identity-based divisions and expose governance systems to political manipulation.

She also criticised the dominant framing of Nigeria as a rigid religious binary between a Muslim north and Christian south, describing it as an oversimplification that obscures the country’s internal diversity and fuels polarisation.

While acknowledging Nigeria’s constitutional guarantees of fundamental rights, Ghanea pointed to tensions arising from parallel legal and administrative systems in parts of the country, particularly around issues such as blasphemy, personal status laws and freedom of expression.

Despite her concerns, the UN envoy commended the resilience of affected communities, the efforts of civil society organisations and the work of interfaith initiatives aimed at promoting dialogue and coexistence.

She said Nigeria possesses the institutional capacity, human expertise and civic energy needed to reverse current trends, but stressed that urgent reforms are required to break what she described as the entrenched cycle of violence and impunity.

Ghanea confirmed that her full findings and recommendations will be submitted to the United Nations Human Rights Council in March 2027.

UN Envoy Blasts Nigeria’s Security Collapse, Warns Impunity Fuelling Cycle of Violence, Rights Breakdown

Continue Reading

National News

Ekiti Poll: NSCDC Deploys 10,000 Personnel

Published

on

Ekiti Poll: NSCDC Deploys 10,000 Personnel

By: Michael Mike

The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 10,000 personnel, including elite tactical squads and K9 units, to Ekiti State ahead of the forthcoming governorship election, in a major security operation aimed at ensuring a peaceful and credible poll.

The deployment, announced on Wednesday by the NSCDC National Headquarters in Abuja, is part of the Corps’ efforts to guarantee a violence-free atmosphere and protect the integrity of the electoral process.

According to the NSCDC, personnel have been mobilised from several neighbouring states, including Ondo, Osun, Oyo, Lagos, Kwara, Edo, Ogun and Kogi, alongside operational reinforcements from Zones 11 and 6.

The Corps said its specialised units, including the Commandant General’s Special Intelligence Squad (SIS), Special Weapons and Tactics (SWAT) unit, Specialized Female Squad, Mining Marshals, Special Force and Crack Squad, as well as the K9 Unit, have been placed on high alert to detect and neutralise any security threats before, during and after the election.

To coordinate the operation, the Commandant General, Ahmed Audi has designated the Deputy Commandant General in charge of Operations, Ayuba Phillips, to personally lead the security exercise on the ground in Ekiti State.

Reaffirming the Corps’ readiness, the Commandant General said the security operation was designed to protect voters, election officials and other stakeholders and to prevent any form of electoral violence.

“Our mission in Ekiti State is definitive: to protect the integrity of the democratic process and guarantee the safety of every voter, election official, and citizen. We will tolerate no form of electoral violence, thuggery, or disruption. Our specialized squads and tactical forces are fully briefed and strategically positioned to maintain absolute law and order,” he said.

The NSCDC also disclosed that it is working closely with other security agencies to provide comprehensive security coverage throughout the election period, stressing that all personnel have been directed to maintain professionalism, neutrality and civility in line with the provisions of the Electoral Act.

The deployment comes amid heightened preparations for the governorship election, with security agencies under pressure to prevent voter intimidation, electoral violence and other disruptions that have occasionally marred elections in parts of the country.

The Corps urged residents of Ekiti State to conduct themselves peacefully, turn out to exercise their civic rights without fear and promptly report suspicious activities to security personnel.

Ekiti Poll: NSCDC Deploys 10,000 Personnel

Continue Reading

National News

Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

Published

on

Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

By: Michael Mike

Nigeria has renewed its commitment to global peacekeeping and multilateral cooperation, with the United Nations and the Nigeria Police Force calling for greater investment in peacebuilding as the world confronts rising conflicts, insecurity and humanitarian crises.

The call was made on Wednesday during the commemoration of the 2026 International Day of United Nations Peacekeepers in Abuja, where the United Nations Resident Coordinator in Nigeria, Mohammed Fall and the Inspector-General of Police (IGP), Olatunji Disu, paid tribute to peacekeepers who have served and died in missions across the world.

Held under the theme “Invest in Peace,” the event brought together government officials, diplomats, security agencies, development partners and serving peacekeepers to celebrate the sacrifices and achievements of men and women deployed under the United Nations flag.

The United Nations described peacekeeping as one of the most enduring symbols of international solidarity, stressing that peace remains the foundation of sustainable development and human progress.

Speaking at the ceremony, the UN Resident Coordinator said peace was built not only through security interventions but also through investments in education, justice, social cohesion, youth empowerment and inclusive development.

“Every investment in peace is an investment in humanity,” the UN official said, citing the position of UN Secretary-General, António Guterres, that peace remains the foundation upon which sustainable development is built.

The UN noted that more than two million people have served in peacekeeping operations since 1948, while over 87,000 military, police and civilian personnel are currently deployed in missions around the world.

The world body also highlighted Nigeria’s impressive peacekeeping record, revealing that the country has contributed more than 200,000 military and police personnel to 41 peace support missions since the 1960s.

According to the UN, Nigeria currently has 335 uniformed personnel serving in United Nations operations, including 138 officers of the Nigeria Police Force.

The Resident Coordinator commended Nigerian peacekeepers for their professionalism and dedication in conflict zones, saying they had helped protect civilians, strengthen democratic institutions and support post-conflict recovery efforts across several countries.

“You carry trust. You carry the hopes of families you protect. You walk into difficult places so others can live in safety. You stand between uncertainty and stability,” the official told Nigerian officers serving under the UN flag.

In his remarks, IGP Disu paid glowing tribute to peacekeepers who have made the ultimate sacrifice in the pursuit of global peace and security.

He disclosed that since the establishment of UN Peacekeeping Operations in 1948, more than 4,500 peacekeepers have lost their lives while protecting vulnerable populations and helping stabilize conflict-affected societies.

“Peace is not free. It is often secured through extraordinary acts of courage, selflessness and dedication,” Disu said.

The police chief emphasized Nigeria’s longstanding contributions to international peace operations through the deployment of police officers to various United Nations missions across Africa and beyond.

According to him, Nigerian police personnel have distinguished themselves in areas such as civilian protection, electoral assistance, post-conflict reconstruction, institution building and community policing.

He said the professionalism displayed by Nigerian officers has earned the country international recognition and strengthened its standing as a responsible contributor to global peace and security.

Disu used the occasion to advocate increased investment in peacebuilding initiatives, arguing that preventing conflicts is more cost-effective and sustainable than responding to crises after violence has erupted.

“Investing in peace means strengthening institutions, promoting justice, protecting human rights and addressing the root causes of instability before they escalate into conflict,” he said.

The IGP also stressed the need for continuous training and capacity development for peacekeepers, noting that modern peace operations require personnel equipped with operational competence, mediation skills, cultural sensitivity and community engagement capabilities.

He further underscored the importance of increasing women’s participation in peacekeeping missions, saying inclusive peace processes produce more sustainable outcomes and strengthen the legitimacy of peace operations.

Disu paid special tribute to the families of peacekeepers, describing them as unsung heroes whose sacrifices and emotional support make international service possible.

The event also coincided with Nigeria’s renewed commitment to the principles and objectives of the United Nations Charter ahead of the 81st session of the United Nations General Assembly.

Nigerian officials reiterated the country’s support for international cooperation, global peace efforts and ongoing reforms aimed at strengthening the effectiveness of the United Nations in addressing emerging global challenges.

The United Nations, meanwhile, commended the administration of President Bola Tinubu for efforts to promote peace, security and national stability, noting that peacekeeping abroad and peacebuilding at home are inseparable elements of sustainable development.

The organisation reaffirmed its commitment to supporting Nigeria through partnerships with government institutions, civil society groups, traditional leaders, women, youth and development partners to advance dialogue, human rights, humanitarian assistance and social cohesion.

Speakers at the ceremony agreed that peace should not merely be defined as the absence of war but as the presence of justice, opportunity and human dignity.

They stressed that investments in schools, healthcare, community development, youth empowerment and accountable institutions remain essential for preventing violence and building resilient societies.

As global conflicts, terrorism, displacement and political instability continue to challenge international peace and security, participants called for stronger cooperation among nations and renewed commitment to the ideals of the United Nations.

They maintained that the greatest legacy the current generation can leave behind is a peaceful world where future generations can live in safety, dignity and hope.

Nigeria, UN Rally Global Support for Peace as IGP Honours Fallen Peacekeepers

Continue Reading

Trending

Verified by MonsterInsights