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Nigeria Target Becoming No.1 Net Exporter to China in the Next Five Years
Nigeria Target Becoming No.1 Net Exporter to China in the Next Five Years
By: Michael Mike
Nigeria has said its target is to become net exporter to China in the next five years, overtaking Brazil which currently stands atop the list with the net export of $104.32 billion.
The country’s ambition was revealed by the Director General, China-Nigeria Partnership, Joseph Tegbe on Thursday at the China-Africa Economic and Trade Expo in Abuja,
Tegbe recalled that Nigeria presently has an export $22.6 billion, however said that the narative is about to change with the latest upgrade of China-Nigeria relations into partnership.
Brazil export to China, according to the United Nations COMTRADE database on international trade in 2023.
Tegbe. who spoke at the opening of the China-Africa Economic and Trade Expo in Abuja, said: “One of our primary goals is to increase trade volume between Nigeria and China. As of December 2003, trade volume between Nigeria and China was over $22 billion

“But on the other hand, when you look at Brazil and China’s relationship, today, Brazil ranks as China’s ninth largest trading country. And during this same period, Brazil’s export to China in 2023 was $105 billion. While China’s export to Brazil was just $59 billion. Thus making Brazil a net exporter to China.
“Distinguished ladies and gentlemen, this is our desired position as a nation. For us, the next five years, to push our trade volume between China and Nigeria higher than what it used today and for Nigeria to become a net exporter to China.
“It is also worth noting that industrializing Nigeria means industrializing 25% of Africa. An economically sound and stable Nigeria signifies a prosperous continent of Africa”
He also disclosed that no fewer than 1200 Nigerians are trained yearly by the Chinese firm, Huawei, as a pointer of the new things to come.
Currently, he also said 30 Nigerian officials, drawn from diffferent sectors of the economy are undergoing training.
He said: “The Nigerian-China Strategic Partnership is already making results. As of today, one of China’s companies, Huawei, trains an average of 1,200 Nigerians every year in Nigeria.
“As we speak, 30 Nigerian officials, drawn from various ministries, departments and agencies, are in China, undergoing an intensive training on the governance of China and the strengthening of economic development between China and Nigeria.”
Tegbe stressed the place of Nigeria in the continent, saying: “It is also worth noting that industrializing Nigeria means industrializing 25% of Africa. An economically sound and stable Nigeria signifies a prosperous culture of Africa. “
Speaking on the Expo, the Chinese Ambassador to Nigeria, Yu Dunhai said: “This exhibition is an important event organized to implement the outcomes of the Beijing Summit Forum and the consensus reached between our two heads of state. I am pleased to see that this exhibition brings together many outstanding entrepreneurs and innovators in a wide range of fields, including engineering, contracting, advanced manufacturing, biotechnology, energy conservation, environmental protection, and green energy.
“Through the exhibition and exchanges, we believe it can play an important role in further promoting the process of industrialization and agricultural modernization in Nigeria, and facilitate in-depth cooperation between our two countries in all fields.”

On his part, the Chairman, China International Contractors Association,Mr Fang Qiuchen, revealed that Chinese firms are mobilising funds to invest in Nigeria as a fallout of the recent FOCAC summit.
He said: “We want to be together to work on the infrastructure, on the projects, especially on the new energy projects, as well as the digital smart cities, many renovation projects.
“So we are here, we’ll bring the capital, we’ll bring our technology, we’ll also bring the very genuine, honest, we want to collaborate with the Nigerian partners for a very pragmatic cooperation to do some of the works here so that we can grow together to benefit the economic and social development of Nigeria”.
On the funding of infrastructure, Fang said: “So China is also working with a consortium of all the banks together, African banks and China Development Bank. We want to work together to financing more of the projects here in Nigeria, so that they can benefit the economic development.”
Though, he failed to disclosed the amount they are bringing in, he noted that: “The investment we can see is huge, I should say, because the projects are not small, because it’s infrastructure.”
He also added: “As the new round of scientific and technological revolution and digital transformation is on the way, green development and the digital economy have emerged as new engines driving economic growth, presenting vast opportunities for cooperation in green and sustainable infrastructure. Both China and Nigeria are actively exploring the use of advanced technologies, such as big data, cloud computing, and Al, to enhance the intelligence and automation of infrastructure. The integration of digital technology with new infrastructure, the blue economy, and agricultural modernization has emerged as a focal point for cooperation. Furthermore, renewable energy projects, including solar and wind, are gaining increased attention worldwide, further advancing the development and utilization of the clean energy.
“These emerging characteristics and trends not only facilitate the transformation and upgrading of infrastructure cooperation between China and Nigeria, but also inject new impetus for mutual benefit and shared development.”
He also revealed that the Expo is a fallout of the recent Beijing Summit, which aimed to “effectively accelerate the infrastructure cooperation between China and Africa.”
He revealed that: “We planned to hold the China Engineering and Technology Expo and the China-Nigeria Infrastructure Cooperation Forum here in Abuja this year, at the same time, to further strengthen the mutual understanding and trust between the engineering companies of the two sides while exploring new areas and potential opportunities for further cooperation.
“We believe that through the elevation of the bilateral relationship to the comprehensive strategic partnership, and through our joint efforts, the bilateral infrastructure cooperation will for sure yield more fruitful results in the days to come.”
Nigeria Target Becoming No.1 Net Exporter to China in the Next Five Years
News
EFCC Receives Petition Alleging $2.98m Fraud Against Senator Cyril Fasuyi, Wife
EFCC Receives Petition Alleging $2.98m Fraud Against Senator Cyril Fasuyi, Wife
By: Michael Mike
The Economic and Financial Crimes Commission (EFCC) has received a formal petition accusing Senator Cyril Fasuyi, who represents Ekiti North Senatorial District, and his wife, Mrs. Elizabeth Adun Fasuyi, of allegedly being involved in a $2,980,535 fraud linked to foreign business transactions.
The petition was filed by Mr. Nuel Wilson, West Africa Regional Representative of Integrated Packaging Systems FZCO (IPS Ingredis) and its Nigerian subsidiary, IPS Ingredis Integrated Systems Limited. It alleges conspiracy, fraudulent conversion, obtaining by false pretence, and diversion of funds arising from a long-standing commercial relationship.
According to the complaint, the business dealings began in 2015 after the Fasuyis, operating through Legacy Foods Limited, were introduced to the Dubai-based company by a third party. The foreign firm claims the couple presented themselves as credible and capable business partners, leading to multiple supply agreements for raw materials such as corn starch, maltodextrin, maltose syrup, and shortening.
The company stated that goods valued at over $9 million were supplied over the course of the relationship. However, it alleged that after the products were delivered and reportedly sold in Nigeria, an outstanding balance of $2,980,535 was never remitted despite repeated demands.
The petition further claims that investigations by the complainant indicated that proceeds from the sales were diverted for personal use rather than being returned to the supplier as agreed. It described the situation as a deliberate attempt to frustrate foreign investment and exploit trade relationships.
The EFCC, an agency mandated to investigate financial crimes and economic sabotage, reportedly acknowledged receipt of the petition on December 10, 2020, and is expected to review the allegations as part of its investigative process.
Mrs. Fasuyi was also named in the complaint as a co-accused, with the petition alleging her involvement in the transactions. At some point during related proceedings, she was reportedly present but allegedly evaded arrest by anti-graft operatives.
As of now, neither Senator Fasuyi nor his wife has issued a public response to the allegations.
EFCC Receives Petition Alleging $2.98m Fraud Against Senator Cyril Fasuyi, Wife
News
NHRC Demands Answers as Civilian Deaths from Military Airstrikes Trigger Fresh Outrage
NHRC Demands Answers as Civilian Deaths from Military Airstrikes Trigger Fresh Outrage
By: Michael Mike
The National Human Rights Commission (NHRC) has demanded a full explanation from the Nigerian Air Force over the recurring wave of civilian casualties linked to military airstrikes across parts of the country, warning that the continued loss of innocent lives is unacceptable and raises grave human rights concerns.
Executive Secretary of the Commission, Tony Ojukwu, said the repeated bombings of civilian communities, markets and vulnerable populations under the guise of counter-insurgency operations have become deeply disturbing and cannot continue without accountability.
While acknowledging the responsibility of the Nigerian State to combat insurgency, banditry and terrorism, Ojukwu stressed that military operations must comply strictly with constitutional provisions, international humanitarian law and Nigeria’s human rights obligations.
“The repeated reports of civilian deaths and injuries, including women, children and other vulnerable persons, arising from aerial bombardments raise serious concerns regarding the protection of the right to life and human dignity,” he stated.
The Commission specifically questioned why civilian casualties linked to airstrikes have continued to recur despite previous public outrage and repeated promises of operational reforms.
“Nigerians deserve to know why this has become a recurring decimal,” Ojukwu said.
He cited recent incidents recorded within April and May alone, including reported airstrike casualties at Jilli Market in Yobe State, Shiroro Market in Niger State and Tumfa Market in Zamfara State.
“For how long will this continue?” he asked.
The Chief Human Rights Officer warned that the principles of distinction, necessity, proportionality and accountability remain binding obligations under international humanitarian law and must guide every military engagement, especially in conflict-affected communities where civilians are at greatest risk.
According to him, civilian populations must never be reduced to “collateral damage” in the conduct of security operations.
The Commission called on the Nigerian Air Force to provide a comprehensive account of the circumstances surrounding the incidents and disclose the safeguards being implemented to prevent future civilian deaths.
Ojukwu further demanded prompt, transparent and independent investigations into all reported cases of civilian casualties resulting from military airstrikes, insisting that victims and affected communities deserve justice, compensation and psychosocial support.
He also urged security agencies to improve intelligence gathering, operational precision and internal accountability mechanisms to reduce the risk of targeting innocent civilians during aerial operations.
The NHRC maintained that national security objectives cannot be pursued outside the framework of legality and respect for human dignity.
“National security and human rights protection are not mutually exclusive,” the Commission stated, warning that public trust in security operations would continue to erode if civilian deaths persist without accountability.
The Commission reaffirmed its commitment to closely monitor developments and engage relevant authorities to ensure the protection of citizens’ rights amid ongoing security operations across the country.
NHRC Demands Answers as Civilian Deaths from Military Airstrikes Trigger Fresh Outrage
News
Power Is Temporary, Humanity Must Endure — Ambassador Alege Declares at Abuja Book Launch
Power Is Temporary, Humanity Must Endure — Ambassador Alege Declares at Abuja Book Launch
By: Michael Mike
Nigeria’s political elite, diplomats, jurists and scholars gathered in Abuja on Tuesday as veteran diplomat, Ambassador Shina Alege, delivered a piercing message on leadership, power, insecurity and the declining state of human compassion during the launch of five books drawn from his decades in public service.
The atmosphere at the event was more reflective than ceremonial as speakers confronted difficult national and global realities — from abuse of power and collapsing communal values to insecurity and the moral burden of leadership.
Former Chief Justice of Nigeria, Olukayode Ariwoola, who chaired the occasion, described the books as a rare fusion of diplomacy, personal experience and social conscience, warning that the issues raised by the author could no longer be ignored.
“This is far beyond a literary celebration,” Ariwoola said. “It is a serious intellectual intervention into the crises confronting leadership, humanity and governance today.”
The retired jurist said Ambassador Alege’s writings carried unusual weight because they emerged from lived experience across turbulent moments in Nigeria’s diplomatic history.
“These are not theoretical arguments crafted from a distance. They are reflections forged in service, crisis and responsibility,” he stated.
At the centre of the gathering was Ambassador Alege himself, whose remarks moved between philosophy, diplomacy and sharp social criticism.
Standing before a packed audience of ambassadors, senior lawyers, professors and government officials, the former envoy warned that many societies had lost the values that once held communities together.
“The essence of life is to build a community,” Alege declared. “What we have today is no longer community — it is a crowd. People watch suffering, record tragedies on their phones, and move on. That loss of humanity is dangerous.”
His comments drew prolonged applause from participants at the event.
The diplomat used the unveiling of his books to issue a broader warning about leadership and the temporary nature of political authority.p

Speaking on one of the books, The Expiry Date of Power, Alege said many leaders behave as though power is permanent, forgetting that history eventually humbles every office holder.
“The only person that powers permanently is God Almighty,” he said. “Absolute power corrupts absolutely. Leadership must be exercised with restraint, accountability and conscience.”
Other books presented at the launch tackled conflict management, insecurity and governance failures across Africa.
According to the author, The Sirens and The Flags explores leadership under pressure and moments of crisis, while Insecurity and Regional Leadership in Africa interrogates the inability of African states to effectively confront rising instability and governance breakdown.
Former Ogun State Governor, Ibikunle Amosun, represented by Barrister Raji Ahmed, praised the diplomat for documenting lessons from years of international service, including sensitive operations involving Nigerians trapped in conflict zones.
“Books like these are earned through sacrifice, experience and reflection,” he said. “They preserve institutional memory and challenge future leaders to think differently about service and responsibility.”
Beyond the intellectual conversations, the event became a deeper reflection on the state of society itself — one in which speakers repeatedly returned to the themes of empathy, moral leadership and national decline.
For many attendees, the strongest message of the day was not merely about diplomacy or governance, but about the urgent need to restore compassion in public life before ambition, power and indifference completely overshadow humanity.
Power Is Temporary, Humanity Must Endure — Ambassador Alege Declares at Abuja Book Launch
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