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Kazakhstan Expresses Willingness to Improve Volume of Trade with Nigeria
Kazakhstan Expresses Willingness to Improve Volume of Trade with Nigeria
By: Michael Mike
Kazakhstan has expressed its willingness to improve on the trade relations with Nigeria
Currently, the trade volume between both countries stands at about $1 million.
The Asian country’s Deputy Minister of Foreign Affairs,Alibek Kuantyrov, who is in Nigeria leading 30 delegates from both public and private sectors, said on Tuesday in Abuja that his country and Nigeria have the potential to improve on the current trade relations.
This, Kazakhstan Deputy Foreign Minister said, his country is so much interested in an upsurge in value-added trade between the two countries.
While explained that the visit to Nigeria is aimed at exploring all avenues, he said: “The trade is not that big. I think it’s less than one million dollars. And, of course, we have to raise this figure in manifold, because we have a great potential for that.
“On the one hand, Kazakhstan is rich in one kind of resources, mineral resources and agricultural resources, and Nigeria is also rich. And more than that, we should develop the value-added trade between two countries.
“And that’s why we are here, and that’s why we are discussing this potential, not only in trade, but also in mutual investment and in cooperating in the ICT, IT and AI spheres.”
Kuantyrov disclosed that some agreements have already been signed.
He said, “We already, for example, today, signed a memorandum between Astana International Financial Centre and the Taj Bank. So, this in particular is directed at developing the Islamic banking and Islamic finance in Kazakhstan, where, you know, Nigeria has a great experience. So, we have quite a big Islamic population in our country.
“So, this is just a particular project that we are developing at the moment. And of course, there will be other projects.”
He disclosed that the delegation had been involved in government to government and business to business meetings.
The issue of visa was also part of discussion, he noted.
He said: “Well, for the last two days, these have been very active days, and we had plenty of G2G and B2B meetings. Well, yesterday we started with a meeting with the Permanent Secretary of the Ministry of Foreign Affairs, where we discussed issues on political consultations, visa requirements, and also mutual support at international platforms, including the UN. After that, we had a meeting with the Permanent Secretary at the Ministry of Industry, Trade, and Investment.
“And we are very much interested in developing cooperative projects in the sphere of solid minerals with Nigeria, and, of course, increasing our bilateral trade. For example, one of the interests is directly importing cocoa beans, of which the chocolate, the Kazakhstani chocolate, is made. And, of course, there are many, many other spheres where we can cooperate, including exporting Kazakhstani grain, high-quality grain, wheat, to be particular, to Nigeria.
“After that, we also had a meeting with two ministers, one of the Minister of Oil and also the Minister of Gas, where we also expressed mutual interest in developing oil and gas projects together and exchanging technologies and expertise in developing these spheres. Also, we had a meeting with the EXIM Bank that is helping trade operations, export and import operations. And we decided to have close cooperation with the Kazakhstani EXIM Bank as well.
“And today, we also had a meeting with the Minister of Agriculture, where we discussed phytosanitary and other restrictions, that elimination of them will be helping us in boosting our bilateral trade, especially in the agricultural sector. I personally had a meeting with the Minister of Digital Economy, where we also agreed upon cooperating in the spheres of cost monitoring, in the sphere of IT development, ICT development, smart bridges, e-golf, etc., where Kazakhstan has a lot of experience and is one of the forerunners in the world in e-golf and ICT. And Nigeria has a great potential to do the same, and Nigeria has been developing very rapidly in the sphere of ICT and smart cities.”
He insisted that the visit, which was facilitated by the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has been a great success.
He said: “So, I consider this visit to be very successful, and we’re going to continue our joint work with the Nigerian side. And in the coming future, we’re also awaiting a business delegation led by His Royal Majesty, His Royal Highness, to Kazakhstan, to Astana International Forum, where we’re going to go on with mutual realisation of investment and trade projects.”
Kazakhstan Expresses Willingness to Improve Volume of Trade with Nigeria
News
Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer
Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer
By: Michael Mike
The government of Cuba has intensified accusations against the United States over the island’s worsening electricity and economic crisis, while cautiously welcoming reports of a proposed $100 million American aid package amid growing humanitarian concerns.
In separate statements issued this week, Cuban President Miguel Díaz-Canel and government officials argued that the country’s severe power shortages, fuel scarcity, and economic hardship are direct consequences of decades-long U.S. sanctions and what Havana described as an increasingly aggressive “energy blockade.”
The latest developments come as Cuba experiences one of its most difficult periods in recent years, marked by prolonged blackouts, shortages of food and medicine, rising inflation, and mounting public frustration.
Díaz-Canel said the situation affecting Cuba’s National Power System had become “especially tense,” with authorities forecasting a deficit of more than 2,000 megawatts during peak evening demand.
According to the Cuban leader, fuel shortages alone were responsible for preventing the generation of at least 1,100 megawatts of electricity, significantly worsening blackouts across the country.
He accused Washington of deliberately obstructing fuel supplies to Cuba by threatening sanctions and punitive measures against countries and companies willing to trade with Havana.
“This dramatic worsening has a single cause: the genocidal energy blockade that the U.S. has imposed on our country,” Díaz-Canel declared.
The Cuban president argued that recent improvements in electricity supply during April demonstrated the direct relationship between fuel imports and power generation capacity.
He noted that the arrival of a single fuel tanker — out of the eight Cuba reportedly requires monthly — temporarily reduced electricity deficits and mitigated blackouts, though outages did not disappear entirely.
Díaz-Canel further accused sections of the U.S. media and political establishment of attempting to portray Cuba’s economic crisis as solely the result of government mismanagement while ignoring the impact of sanctions and economic restrictions.
According to him, neither the decades-old U.S. embargo nor the additional sanctions imposed during the administration of former President Donald Trump had succeeded in overthrowing the Cuban Revolution.
He alleged that more recent executive measures targeting fuel supplies, foreign trade, and investment in Cuba were specifically designed to increase suffering among ordinary citizens and provoke unrest against the government.
Despite the criticism, Havana has also reacted cautiously to reports that the United States Department of State had formally proposed an aid package valued at $100 million for Cuba.
In a separate government statement, Cuban authorities said it remained unclear whether the proposed assistance would come in the form of direct financial support or material aid such as fuel, food, or medicine.
The Cuban government said it was prepared to consider foreign aid offered in good faith and expressed openness to working with the Catholic Church in implementing humanitarian support efforts.
“We are willing to hear the details of the offer and how it would be implemented,” the statement said, while warning against any attempt to use humanitarian assistance for political leverage.
Havana maintained that the most meaningful support Washington could provide would be the easing of economic, commercial, financial, and energy restrictions imposed on the island.
Cuban officials argued that sanctions had intensified “as never before” in recent months, severely affecting nearly every sector of the economy and worsening living conditions for millions of citizens.
The latest exchange reflects the complicated and often confrontational relationship between Havana and Washington, which has remained strained for more than six decades despite intermittent attempts at diplomatic rapprochement.
While Cuba insists that U.S. sanctions are the central driver of its current crisis, critics of the Cuban government continue to point to structural inefficiencies, state control of the economy, and policy failures as major contributors to the country’s prolonged economic difficulties.
Nevertheless, the apparent willingness of both sides to discuss humanitarian assistance suggests a potentially significant, though cautious, opening for limited engagement amid escalating hardship on the island.
Cuba Blames U.S. Sanctions for Deepening Energy Crisis, Responds Cautiously to Reported $100m Aid Offer
News
Troops Arrest Suspected Gunrunner in Taraba State
Troops Arrest Suspected Gunrunner in Taraba State
By: Zagazola Makama
Troops of Operation Whirl Stroke (OPWS), in collaboration with Defence Intelligence Agency operatives and local vigilantes, have arrested a suspected gunrunner in Ardo-Kola Local Government Area of Taraba State.
Security sources said the arrest was made at about 7:45 a.m. on May 13 during an intelligence-led operation at Iware community in the area.
The suspect was reportedly apprehended following credible intelligence linking him to arms trafficking activities within the Amaseyo general area.
Preliminary interrogation revealed that the suspect was allegedly involved in illegal arms dealing, prompting his immediate arrest by the joint security team.
The suspect is currently in custody and undergoing further investigation, while security agencies say efforts are ongoing to dismantle arms trafficking networks operating within the state and surrounding areas.
Troops Arrest Suspected Gunrunner in Taraba State
News
Troops Rescue Kidnap Victim During Patrol in Kogi
Troops Rescue Kidnap Victim During Patrol in Kogi
By: Zagazola Makama
Troops of the Nigerian Army under Operation MESA have rescued a kidnap victim abandoned by suspected terrorists along the Obajana–Jakura–Tajimi axis in Lokoja Local Government Area of Kogi State.
Security sources said the rescue operation was carried out at about 9:00 a.m. on May 13 by troops of 12 Brigade during a fighting patrol along the old Obajana–Jakura–Tajimi road.
According to the report, the troops discovered the victim after suspected kidnappers abandoned him while fleeing from the advancing security personnel.
The rescued victim was subsequently reunited with his family after the operation.
Security patrols and clearance operations have continued along the route and adjoining communities as part of ongoing efforts to combat kidnapping and other criminal activities in the area.
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