National News
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”.
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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
National News
VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution

VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution
By: Michael Mike
Vice President Kashim Shettima has expressed deep grief over the passing of prominent Nigerian businessman and philanthropist, Alhaji Aminu Alhassan Dantata, saying the nation has lost an irreplaceable institution.
The late Dantata, an uncle of Africa’s richest man, Alhaji Aliko Dangote, passed away at the age of 94 in Abu Dhabi in the early hours of Saturday in the United Arab Emirates (UAE), according to Mustapha Abdullahi Junaid, his Personal Private Secretary (PPS), who confirmed the death.
In a condolence message, Vice President Shettima praised the late businessman for his lifetime of service, describing him as “a living bridge that connected us to our past.
“We have not just lost a leader; we have lost an irreplaceable institution,” Senator Shettima said, describing Dantata as “one of the greatest titans in Nigeria’s philosophical history” whose departure marks the end of a vital chapter in the country’s economic and democratic evolution.
“In African tradition, when such an elderly person transitions, a vital chapter of our history departs with them. He was indeed among the great titans, a living bridge that connected us to our past,” VP Shettima added.
The Vice President extended heartfelt condolences to the Dantata family, expressing hopes that they would “find the fortitude to bear this irreparable loss,” even as he prayed that Almighty Allah would grant the deceased Jannatul Firdaus.
Born into the legendary Dantata family of Kano, Alhaji Aminu built on his father’s commercial legacy to become one of Nigeria’s most influential business figures. His empire spans construction, manufacturing, banking, agriculture, and the oil and gas sectors.
Beyond business, Dantata was renowned for his extensive philanthropic work, funding schools, mosques, health centres, and supporting widows and the underprivileged across Nigeria.
VP Shettima Mourns Late Alhaji Aminu Dantata, Says Nigeria Has Lost An Irreplaceable Institution
National News
Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting

Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting
By: Michael Mike
The Senior Officials Meeting between Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.
A statement on Saturday by the Press Officer, EU Delegation to Nigeria and ECOWAS, Modestus Chukwulaka, read: “The Delegation of European Union to Nigeria and ECOWAS wishes to inform that the Senior Officials Meeting between the Federal Republic of Nigeria and the European Union (EU) will be held on Tuesday 1st and Wednesday 2nd July 2025 in Abuja.
“The agenda of the very important meeting is to prepare for the upcoming Nigeria – EU Ministerial Meeting and to explore areas of cooperation.”
According to the statement, the Senior Officials Meeting will be co-chaired by the Regions, Ministry of Foreign Affairs, Nigeria, Ambassador Janet Olisa, Director, and the Deputy Managing Director for Africa Department, European External Action Service, European Union, Mr Mathieu Briens.
The statement revealed that the agenda of the meeting is expected to entail wide-ranging discussions that would focus on various aspects of the Nigeria – EU partnership, such as: Cooperation on multilateral and regional issues; Peace, Security and Governance; Humanitarian situation; Trade and Investment; Human Development: Health, Education, Social Protection; Science, technology, innovation and digital transition; Migration; Energy, climate change and green economy transition among others.
Nigeria and the European Union share a deep, long-standing partnership inspired by mutual values and interests as well as support for multilateralism and rule-based international order, the statement said.
Nigeria-EU Senior Officials Meet in Abuja to Prepare for Upcoming Nigeria – EU Ministerial Meeting
National News
Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People

Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People
…. Donates relief materials to displaced persons in Yelwata, IDP camp
By: Michael Mike
Former Executive Chairman of the Economic and Financial Crimes Commission, (EFCC), Mrs. Farida Waziri has charged former governors, legislators, traditional rulers and other stakeholders in Benue state to set aside rivalry, unite and act with urgency to save their people from incessant attacks and killings.
Waziri, a retired Assistant Inspector General of Police and Principal Partner, Brookfield Chambers Abuja stated this on Saturday 28th June 2025 while donating relief materials to victims of the recent gunmen attacks in Yelwata community and displaced persons at the internally displaced persons (IDP) camp in Makurdi, the Benue state capital.
Some of the items donated under the banner of Women, Youth, Children and Crime Organisation (WYCCO), a non-governmental organization founded by her, include: bags of rice, sugar, tubers of yam and other household items.

She said: “This is no time for division. It is no time for political squabbling or ego-driven manoeuvring. Among us are men and women who have led this state — former governors, legislators, traditional rulers — individuals with influence and authority. The time has come to set aside our differences and stand united, for the sake of the ordinary Benue man, woman, and child.
“That is why I stand here today to make this urgent and heartfelt appeal to our leaders: cast aside rivalry, unite, and act. Act with urgency. Act with purpose. Because what we face now increasingly resembles a deliberate, coordinated effort to erase our people and our heritage.
“We must take heed of the words of Sir Winston Churchill, who once said:
‘Our difficulties and dangers will not be removed by closing our eyes to them.’
Another of Churchill’s warnings is just as relevant to our present predicament:
‘If you will not fight for right when you can easily win without bloodshed… you may come to the moment when you will have to fight with all odds against you and only a precarious chance of survival.”
Waziri, while stating that her call was a build up to the earlier proposal by President Bola Tinubu during his recent visit Beforehand Benue, noted that meetings alone would not solve the problem, urging that: “But let us be sincere: peace will not come from meetings alone. To end the cycle of violence, we must confront its roots. Before the Yelwata massacre, communities in Gwer West, Apa, and Guma had already endured weeks of killings, kidnappings, and raids. These horrors did not emerge in a vacuum; they are symptoms of deeper issues.
“We must therefore confront the real causes — ethnic and religious tensions, unchecked banditry, and the rise of cultism as well as the abuse of illicit drugs. These forces must be tackled, along with the herder-farmer conflict, with honesty and courage. We cannot afford to keep going in circles. And there is no room for blame games. Our leaders — and indeed, all of us — must be pragmatic. So today, let us commit, as one people, to healing our wounds, reclaiming our land, and ensuring that never again will a child in Benue grow up in a camp instead of a home”
She said the development in Benue must be of “concern to all sons and daughters of Benue regardless of whether we live within its borders or far away in the diaspora to find out the root cause of these attacks with a view to proferring solutions that will bring an end to these barbaric acts”
Farida Waziri Tasks Benue Leaders to Unite, Act and Save Their People
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