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Nigeria Team to China Returns with Investment Goodies
Nigeria Team to China Returns with Investment Goodies
By: Michael Mike
Nigeria’s investment seeking delegation to China has concluded its visit to China with bags of goodies which include securing landmark agreements with top Chinese firms, paving the way for significant investments in critical sectors of the nation’s economy.
The Nigeria-China Strategic Partnership (NCSP) undertook the tour of China to achieve the present administration’s plan to revitalize the economy.
The NCSP, led by Director-General Joseph Tegbe, which has concluded its trip to China, where they reached agreement with a number of Chinese companies, including with Chilwee Group, China Communications Construction Company (CCCC), China Electronic Corporation, China Harbor Engineering Company, Huawei, and Loong UAV.
According to Tegbe, “These agreements mark a significant milestone in our efforts to strengthen bilateral relations and promote economic cooperation between Nigeria and China. We are committed to driving Nigeria’s socio-economic transformation through targeted Chinese investments.”
One of the key agreements was signed with Chilwee Group, a renowned Chinese manufacturer of cutting-edge batteries and power storage solutions. The company has committed to investing in Nigeria, encompassing a multifaceted approach that includes sales, manufacturing, and potentially mining raw materials for the power storage value chain.
“This investment pledge aligns with Nigeria’s overarching goals of promoting renewable energy, reducing carbon emissions, and enhancing energy security, said Joseph Tegbe. “We are excited about the prospects of this partnership and look forward to working closely with Chilwee Group.”
Also, the NCSP facilitated a tripartite agreement between CPL Medical group, CSSC Haishen Medical Technology Co Ltd and China Habour Engineering Company over the renovation and upgrading of equipment in selected teaching hospitals across the country. While speaking at at the agreement signing ceremony, Tegbe noted that the agreement represented an example of private-sector collaboration which the partnership hopes to promote.
In addition, the delegation met with top officials from China Electronic Corporation, led by Mr. Guo Zhaoping, Deputy Director General of CEC Science & Technology Committee. Tegbe expressed optimism about cooperation between Nigeria and China in areas such as electronics equipment, public security surveillance (CCTV), digitization of public services, and identity management.
Huawei, a global leader in ICT solutions, also expressed commitment to deepening its partnership with Nigeria. The company has pledged significant investment in Nigeria’s ICT sector, focusing on training programs, smart city development, and digital infrastructure.
“We are committed to supporting Nigeria’s digital transformation agenda,” said Huawei’s Vice President, Andrew Zhanh. “We believe that our technologies can make a significant impact in driving economic growth and improving the quality of life for Nigerians.”
The NCSP also met with representatives from Loong UAV, a renowned global leader in tactical drone solutions. The company expressed eagerness to enter the Nigerian market, with plans to initiate trade activities and eventually establish a manufacturing plant for tactical drones within the country.
According to Tegbe, “The potential benefits of these agreements cannot be overstated. We are confident that these partnerships will drive economic growth, create jobs, and improve the quality of life for Nigerians.”
The NCSP aims to drive Nigeria’s socio-economic transformation through targeted Chinese investments, focusing on creating value-driven partnerships, strengthening Nigeria’s role in Africa’s industrialization, and coordinating initiatives that align with Nigeria’s Renewed Hope Agenda and China’s Belt and Road Initiative (BRI).
Nigeria Team to China Returns with Investment Goodies
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
By: Zagazola Makama
The detained leader of the proscribed separatist group, Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Friday failed to open his defence in his ongoing terrorism trial before a Federal High Court in Abuja.
Kanu attributed his inability to present his defence to the failure of his former legal team, led by former Attorney General of the Federation (AGF) Kanu Agabi, to hand over his case file, preventing him from adequately preparing.
The defendant was initially slated to open his defence on Thursday but instead announced the sacking of his legal team and requested a short adjournment until Friday.
On Friday, the prosecuting counsel, Adegboyega Awomolo (SAN), informed the court that the case was scheduled for Kanu to open his defence. When called, Kanu informed the court he could not proceed as those responsible for delivering his case file to the Department of State Services (DSS) facility, where he is being held, had failed to do so.
Kanu prayed for an adjournment until Monday, October 27, to access the case file and familiarise himself with its contents. He further stated he was expecting witnesses from the United Kingdom, the United States, Kenya, and Ethiopia, and requested an order allowing him to meet with them over the weekend for preparation.
The court granted his request, instructing the DSS to allow Kanu receive visitors on Saturday and Sunday. Justice James Omotosho adjourned the trial till October 27 for Kanu to open his defence, warning that the six days initially granted for his defence, which began on October 23, will not be extended.
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
Farmer injured in herders’ attack in Konduga
By: Zagazola Makama
A farmer has been hospitalized after sustaining severe machete wounds in an attack by suspected herders at Jakana Village, Konduga Local Government Area of Borno State.
The incident occurred on Wednesday when a group of herders reportedly led their cattle into a beans farm belonging to locals and grazed on the crops.
During an attempt by Mohammad Ali Fantami, 30, of Kadamari Lamboa bush, to drive the cattle away, one of the herders allegedly attacked him with a machete, severing his left hand and inflicting deep cuts on his neck before escaping.
The victim was evacuated to the University of Maiduguri Teaching Hospital (UMTH), where he is said to be responding to treatment.
Efforts are ongoing to trace and apprehend the perpetrators as investigations continue into the incident.
End
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
By: Zagazola Makama
Troops of the Nigerian Army under Operation Hadin Kai have foiled a series of ambush attacks by Boko Haram and Islamic State West Africa Province (ISWAP) terrorists along the Damasak–Gubio road in Magumeri axis of Borno State.
Zagazola Makama gathered that the troops, who were on a fighting patrol as part of Operation Desert Sanity IV, came under fire from suspected terrorists on arrival at Binduldul.
Sources stated that the troops responded with superior firepower, forcing the terrorists to flee in disarray. Reinforcements led by the Commanding Officer of the Battalion later exploited the scene, recovering two motorcycles, one AK-47 rifle, five blankets, three praying mats, a spare motorcycle tyre and two gallons of engine oil.
The sources added that one terrorist was neutralised during the encounter.
Furthermore, at about 3:05 p.m. on the same day, while withdrawing from the area, the troops encountered another ambush involving an Improvised Explosive Device (IED) attack followed by heavy gunfire from ISWAP fighters near Kardio village.
The soldiers successfully repelled the assault, safely detonated another IED along their main supply route, and returned to base without any casualty.
Photographs from the operation indicated successful recovery of items and neutralisation of threats in the area.
Troops repel another ISWAP ambush, recover arms, motorcycles in Magumeri
Breaking: Kanu fails to open defence, cites former counsel’s retention of case file
Decomposed body of kidnapped man found in mining pond in Jos South
Man abducted after delivering ransom for kidnapped child in Kogi
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