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Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

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Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

By: Michael Mike

The Republic of Korea’s ambassador to Nigeria, Kim Pankyu has disclosed that bilateral trade between Nigeria and Korea increased by 38.6 per cent in 2024, reaching over $2.2 billion.

Pankyu disclosed this in Abuja on Wednesday during a press briefing to mark the 45 years anniversary of bilateral relations between the two countries.

The envoy, who arrived Nigeria a year ago in the role, said that since his arrival, the relationship between Korea and Nigeria had grown significantly.

Pankyu, while disclosing that Nigeria is now Korea’s most important trade partner in Africa, noted that his country has not stopped working at improving trade and investment relations with Nigeria.

He said: “Nigeria remains Korea’s most important trade and investment partner in Africa and accounts for 10 percent of Korea-Africa trade and over 70 per cent of Korea’s project and contract in Africa.

“In 2024, our bilateral trade increased by 38.6 per cent, reaching over 2.2 billion USD.

He also said his country was eyeing more security collaboration with Nigeria, saying: “With 40 years of experience in military and security affairs, I am committed to enhancing our security collaboration, in particular, maritime security in the Gulf of Guinea is critical for both Nigeria and transit countries like the Republic of Korea.”

“We are committed to increasing Korea’s support for capacity building in the Nigerian military and security sectors. Additionally, we hope to finalise the defense industry cooperation’s MOUs that have been under discussions for some time.

The ambassador, while noting that his country had made several contributions to Nigeria in the past year, said such contributions demonstrate the mutual trust and friendship between Korea and Nigeria.

He assured that: “As ambassador, I will continue working to facilitate our long-standing partnership for the years ahead.”

Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

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Eid-el-Ftr: FG Declares Monday, Tuesday as Public Holiday

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Eid-el-Ftr: FG Declares Monday, Tuesday as Public Holiday

By: Michael Mike

The Federal Government has declared Monday, March 31, and Tuesday, April 1, 2025, as public holidays to mark the Eid-el-Ftr festival, the celebration marking the end of the Ramadan Fast.

The announcement was made by the Minister of Interior, Hon. Olubunmi Tunji-Ojo, who extended heartfelt congratulations to the Muslim Ummah on the successful completion of the Ramadan fast.

The statement, signed by the Ministry’s Permanent Secretary, Dr. Magdalene Ajani, conveyed the Minister’s warm wishes and urged all Muslims to embrace the virtues cultivated during Ramadan – self-discipline, compassion, generosity, and peace.

Tunji-Ojo, while emphasizing the significance of love, forgiveness, and solidarity as key elements in fostering a harmonious society, encouraged Nigerians to use the festive period for prayer, focusing on the peace, stability, and prosperity of the nation.

He expressed hope that the joyous occasion of Eid-el-Fitr would serve as a catalyst for unity and cooperation, bridging divides across religious and ethnic lines.

The minister called on citizens to celebrate safely and responsibly, while remembering the less-privileged through acts of kindness and charity—keeping in line with the true spirit of Ramadan and Eid.

Eid-el-Ftr: FG Declares Monday, Tuesday as Public Holiday

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3rd SDGs Film Challenge Launched by Nigeria, UN

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3rd SDGs Film Challenge Launched by Nigeria, UN

By: Michael Mike

The United Nations Resident Coordinator in Nigeria, Mr. Mohamed Fall, has described Nigeria as a storytelling powerhouse, urging
filmmakers to channel their creative force toward amplifying awareness of the Sustainable Development Goals (SDGs).

The Senior Special Assistant to the President on SDGs, Princess Adejoke Orelope-Adefulire on Wednesday in Abuja launched the 3rd Edition of the SDGs film Challenge

The film challenge which is a collaboration with the United Nations, aimed at mobilising filmmakers to use films to mobilise the nation towards achieving the SDGs.

The UN has set 2030 to achieve the SDGs which has 17 Goals aimed at improving standards of living across the globe.

Speaking at the launch, Fall said: “Nigeria is a storytelling powerhouse. Our Nollywood industry, which is among largest film industry in the world reaches millions across Africa and beyond. By channelling this creative force toward the SDGs, we are doing more than amplifying awareness.

“We are empowering young Nigerians to take ownership of the development narrative: to spotlight issues like gender inequality, climate change, and poverty, and to present solutions through the lens of sustainability.

“The UN in Nigeria stands firmly behind this mission. This year’s challenge — led by Office of the Senior Special Assistant to the President on Sustainable Development Goals, the UN Information Centre, and Fresh NEWS builds on the remarkable momentum of past editions.

“From 73 entries in 2023 to an astonishing 2,250 entries from 119 countries last year, the message is clear: young people are not waiting on the sidelines. They are ready to create, to lead, and to transform their world.

“Globally, the UN Secretary-General has underscored the vital role of youth and digital innovation in driving the 2030 Agenda forward. The SDGs Film Challenge embodies this vision. It aligns with Chapter IV of the Pact for the Future, recognizing youth and future generations as key architects of sustainable development.
“To all filmmakers, producers, and actors across Nigeria: this is your moment. Let your cameras roll.

“Let your stories stir our collective conscience. Whether your lens captures the struggle of a girl fighting for her education or the resilience of communities battling environmental degradation — your voice matters.

“Let’s make 2025 a year where stories drive change, where creativity fuels progress, and where Nigeria leads the charge in storytelling for sustainable development.”

on her part, Orelope-Adefulire said “The SDG Film Challenge is an initiative designed to mobilise filmmakers in this decade of action to accelerate the achievement of the SDG.”

She invited creators to produce impactful short films that highlight development challenges and offer solutions and direct action on critical issues such as poverty, illiteracy, gender equality, climate change, and social justice.

She added: “It is also an opportunity to provide information and to generate hope through our many narratives.

“We challenge them to educate, to provoke conversations and direct action towards achieving more that reduces the violence faced and threatens our planet. The success of this initiative over the past two editions is a testament to the power of partnership and creativity.”

She also stressed that “This year we are introducing a new strategy including training and capacity-building programmes for all the hosting and training sessions with filmmakers who will be stationed in this regard for their future training.

“With today’s launch, the online quarter is officially open for filmmakers to submit short films, multiple films, addressing selected issues.”

She revealed that three finalists will be shortlisted, from the entries with winners receiving prizes, global excursions, and additional opportunities.

Participants are expected to also benefit from the exchange of programme and mentoring initiatives.

3rd SDGs Film Challenge Launched by Nigeria, UN

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Vice President Kashim Shettima Arrives for Body of Benchers Annual Lecture in Abuja

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Vice President Kashim Shettima Arrives for Body of Benchers Annual Lecture in Abuja

By: Our Reporter

Vice President Kashim Shettima has arrived at the maiden edition of the Body of Benchers Annual Lecture in Abuja, where he is representing President Bola Ahmed Tinubu.

The Body of Benchers is a body of legal practitioners of the highest distinction in Nigeria, with the primary responsibility of administering the formal call to the Bar for individuals seeking to become legal practitioners.

The theme of this year’s lecture is: “Half-a-Century of the Body of Benchers: The Past, the Present, and the Future of Maintaining the Ethics of the Legal Profession in Nigeria.”

The lecture will also feature the public presentation of the report of the directions of the Legal Practitioners Disciplinary Committee.

Vice President Kashim Shettima Arrives for Body of Benchers Annual Lecture in Abuja

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