Connect with us

News

Expanding Economic Partnership with Nigeria Has Always Been Top Priority of Nigeria/Korea Diplomatic Relationship, Says Envoy

Published

on

Expanding Economic Partnership with Nigeria Has Always Been Top Priority of Nigeria/Korea Diplomatic Relationship, Says Envoy

By: Michael Mike

The Korean Ambassador to Nigeria, Kim Pankyu has said expanding economic partnership with Nigeria has always been top priority of his country since the establishment of Nigerian/Korean diplomatic relationship over 44 years ago.

Speaking at a press conference on Monday in Abuja, the envoy who have only spent 50 days in Nigeria, said: “First and foremost, I would like to do my best to further expand economic exchanges between Korea and Nigeria. Promoting economic partnership has always been the focus since the establishment of the diplomatic relations between our two countries 44 years ago.

“Nigeria is already Korea’s top 5 trade partners in Africa. I believe we can do more. Since the current Nigerian government is actively carrying out economic reform to improve business environment in Nigeria, I will introduce this change to Korean companies and encourage them to venture into Nigeria and make investment.”

He added that: “Secondly, I will explore ways to deepen security cooperation drawing on my expertise in military and security affairs. In particular, I would like to focus on promoting cooperation on maritime security because securing maritime security in the Gulf of Guinea is essential not only for coastal countries including Nigeria but also for countries passing through this region including Korea. In addition, I intend to expand Korea’s support for capacity building of the Nigerian military and security officers.”

He assured that he would try to facilitate people-to-people exchange between the two countries. “I believe culture has the power to connect people and improve understanding of each other. Korean Culture Centre in Abuja has played an important role in introducing Korean culture in Nigeria so far. I will do my best to provide Nigerians with more opportunities to experience various Korean cultural contents. I will also explore ways to let more Nigerian students study in Korea,” he added.

The envoy said: “I believe the first Korea-Africa Summit to be held in June in Seoul will be a momentous occasion for the relations between Korea and Africa, and also Korea and Nigeria. The inaugural Korea-Africa Summit is expected to be the largest international gathering under the current administration. This reflects President Yoon Suk-yeol’s commitment to fostering a mutually beneficial, sustainable, and strategic long-term partnership with Africa, aligning with Korea’s vision of becoming a Global Pivotal State. This marks a significant step in Korea’s comprehensive strategy to engage more deeply with the Global South, reflecting our commitment to global inclusiveness and cooperation.”

He revealed that Korea will host many side events on this occasion including Korea-Africa Business Summit and a multiple fora on ICT, health, tourism and energy.

He said: “These events will help us come up with practical and concrete measures to expand cooperation. During the Summit, there will be plenty of opportunities for Nigeria and Korea to explore ways to expand their bilateral economic and cultural exchanges both between governments and private sectors. In a nutshell, I believe the upcoming Korea-Africa Summit will set a new milestone in the relationship between Korea and Africa.”

Expanding Economic Partnership with Nigeria Has Always Been Top Priority of Nigeria/Korea Diplomatic Relationship, Says Envoy

Continue Reading
Click to comment

Leave a Reply

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

News

DSS rescues kidnapped police officer after three months in captivity

Published

on

DSS rescues kidnapped police officer after three months in captivity

By: Zagazola Makama

The Department of State Services (DSS) has rescued a police officer, Ibrahim Muhammad, who spent three months in captivity after being kidnapped by armed men in Patigi, Kwara State.

Muhammad, attached to the Patigi Division, was abducted on Aug. 10, 2025.
Zagazola Makama report that the state police command was notified of his rescue by the DSS at about 5:00 p.m. on Nov. 9.

According to sources, the officer was found in a forest, where his abductors had abandoned him.

The sources confirmed that Muhammad has been handed over to the command by the DSS and is currently in stable condition.

“He is being debriefed as part of further investigation,” the sources stated.

The police did not confirm whether ransom was paid or if any arrest had been made in connection with the abduction. However, the command assured that efforts were ongoing to track down the perpetrators.

The rescue has brought relief to the command and the family of the officer, who had been missing for more than 90 days.

DSS rescues kidnapped police officer after three months in captivity

Continue Reading

News

ADC L/ship crisis: Adamawa Court Adjourns to Nov 20 for hearing

Published

on

ADC L/ship crisis: Adamawa Court Adjourns to Nov 20 for hearing

Adamawa State High Court IX adjourned the case of African Democratic Party (ADC) to Nov. 20 for hearing, a suit filed by Yohanna Kambile and Zubairu Ishaq, Adamawa ADC’s chairman and secretary respectively challenged their removal from office unconstitutionally.

Kambile who challenged: Amb.Omar Suleiman, Chairman Coalition Adamawa stakeholders; Sadiq Dasin, Chairman Transition Electoral/Congress Commitee; Malam Saidu Komsiri, State Interim Chairman and his Led Executive Committee members.

Others are: Babachir Lawan, National Vice Chairman North East; Sen. David Mark, ADC National Chairman and his Led National Executive Committee Members; National Working Committee and the ADC.

Yakubu philimon SAN, counsel of the plaintiffs said, the removal was done without recourse to the provisions of the Constitution of the party.

He said they made it clear to the courts that the defendants should show cause, and the court was inclined to take in all the applications together.

“And ordered defendants to file their statement of defense in the main case, so that both the primary objection and the statement of defense should take him on the next agenda”, he said.

According to him the 20th will be for hearing of every application and also the main suit.

The Counsel for the defendants, Dr Emem Ibrahim-Effiong, asked the Court for three days to enable them to file their response to suit the merits without delay.

He said, the case is a political matter that needs to be addressed internally before coming to the Court.

The presiding judge, Justice Benjamin Manji, granted the three days and adjourned the case to November 20th for further hearing.

ADC L/ship crisis: Adamawa Court Adjourns to Nov 20 for hearing

Continue Reading

News

Persistent Dedication: China’s 15th Five-Year Plan to Continue the Development Miracle

Published

on

Persistent Dedication: China’s 15th Five-Year Plan to Continue the Development Miracle

By: Michael Mike

A foreign head of state used to tell Chinese President Xi Jinping, “China has a major advantage, which is always formulating various plans and ensuring they are fully implemented.” One of the most representative examples he noted is the Five-Year Plan for National Economic and Social Development. President Xi Jingping emphasized that the formulation and implementation of these well-designed five-year plans reflect important experience on governance of the Communist Party of China (CPC) and represent a significant political advantage of socialism with Chinese characteristics.

In October, during the Fourth Plenary Session of the 20th Central Committee of the CPC in Beijing, the Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development was adopted. Once reviewed and approved next year by the National People’s Congress, the plan will become the 15th Five-Year Plan since the founding of the People’s Republic of China, providing top-level design and strategic guidance for China’s economic and social development over the next five years and outlining a dynamic blueprint that captures the momentum of the times.

Since its founding in 1949, the People’s Republic of China has successfully implemented 14 Five-Year Plans spanning more than seven decades. Through the sustained efforts of successive generations, the country has steadily transformed itself from a poor and backward nation into the world’s second-largest economy and largest manufacturing hub. Throughout this period, Chinese society has maintained enduring harmony and stability, with its people living and working in peace and contentment and its per capita GDP now exceeding $13,000. These achievements exemplify what has been termed the “Two Miracles” — rapid economic growth coupled with long-term social stability — a phenomenon rarely seen elsewhere in the world. Central to this success is the distinctive Chinese approach to Five-Year Planning.

During the 14th Five-Year Plan period, China saw its economic and technological strength as well as its comprehensive national strength leap to a new level, and Chinese modernization made solid new strides. China’s economic strength rose substantially, its global influence was further enhanced, and its scientific and technological capabilities gained global attention. In 2024, China’s GDP reached 18.9 trillion USD (based on the average annual exchange rate), firmly maintaining its position as the world’s second-largest economy. China’s annual contribution to global economic growth remains around 30%, making it one of the most stable and reliable sources of global economic development, fully demonstrating the resilience and vitality of a major economy, and becoming one of the fastest-growing countries in terms of innovation capacity.

At the 20th National Congress of the Communist Party of China, the goal was set to basically achieve socialist modernization from 2020 to 2035. The 14th Five-Year Plan period (2021–2025), representing the first phase of this timeline, has achieved a strong start. The subsequent period from 2026 to 2030, which falls under the 15th Five-Year Plan, will be a crucial stage for consolidating the foundation and achieving all-out progress to basically achieve socialist modernization by 2035. As such, it will serve as a key link between the past and the future. A well-formulated and effectively implemented 15th Five-Year Plan will lay a more solid foundation for reaching this goal. The 15th Five-Year Plan will continue to focus on promoting high-quality development as its central theme and set out the guiding principles, major objectives, strategic tasks, and significant measures for economic and social development over the next five years, thereby drawing a grand blueprint for economic and social development.

Looking ahead, China’s development prospects are bright. By leveraging the strengths of socialism with Chinese characteristics, China’s enormous market, its complete industrial system, and its abundant human resources and under the strong leadership of the CPC, the Chinese people will pool their strength and turn this grand blueprint into reality through sustained and determined efforts.

Formulating and implementing Five-Year Plans with Chinese characteristics not only injects sustained momentum and stability into China’s own development, but also offers a new governance paradigm for many Global South countries that have been exploring modernization—namely, a “long-termism” development approach that is self-reliant and sustainable. Chinese modernization will provide important references and practical opportunities for Nigeria and other African countries to achieve economic transformation, advance industrialization, and enhance self-reliant development capacity. Within framework of the Forum on China-Africa Cooperation (FOCAC) and of the Belt and Road Initiative (BRI), China is willing to strengthen governance experience-sharing and development strategy alignment with Nigeria, deepen practical cooperation between the two countries across various fields. The two countries will work together to implement zero-tariff policies through negotiation and signing of joint development economic partnership agreements, therefore enabling Nigeria to unlock its development potential, strengthen its endogenous driving force, and promote the building of a high-level China-Nigeria community with a shared future.

Persistent Dedication: China’s 15th Five-Year Plan to Continue the Development Miracle

Continue Reading

Trending

Verified by MonsterInsights