News
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
News
FG Launches Ultramodern Fashion Hub In Borno, Targets 48,000 Jobs
FG Launches Ultramodern Fashion Hub In Borno, Targets 48,000 Jobs
** VP Shettima announces N300,000 grants to MSMEs
** Commissions 15MVA substation in Maiduguri, urges citizens to protect power assets
By: Our Reporter
The federal government has launched one of Nigeria’s largest ultramodern fashion manufacturing hubs in Maiduguri, the Borno State capital with a target of generating over 48,000 jobs through the facility in the state.
In continuation of the disbursement of its N75 billion support package for Micro, Small and Medium Enterprises (MSMEs), the government also announced unconditional grants of N300,000 for outstanding MSMEs participating in the 6th Expanded National MSME Clinics programme.
Speaking on Tuesday when he launched the fashion hub and the Expanded MSMEs Clinic in Maiduguri, Vice President Kashim Shettima restated the commitment of the administration of President Bola Ahmed Tinubu to fostering innovation, upskilling the workforce, and ensuring equitable wealth distribution across the nation.
“The strength of any nation lies not in its natural resources but in the hands of its skilled and enterprising citizens. You are the surest means of distributing wealth equitably across the land. You are the crucial link to securing a prosperous future,” he declared.
The N75 billion MSME Intervention Fund is being administered through the Bank of Industry, offering loans up to N1 million at 9% interest to 75,000 businesses nationwide.
Announcing the N300,000 grant for each business owners, VP Shettima said, “I am pleased to announce on behalf of His Excellency, President Bola Ahmed Tinubu, that an unconditional grant of N300,000 will be awarded to each outstanding MSME exhibiting at today’s clinic”.
According to him, the intervention represents yet another fulfilment of the promise made by President Bola to provide access to capital and expand opportunities for all Nigerians.
“Every business empowered is a step closer to eradicating poverty, and we do not take for granted the critical role you play as the buffer of our economy, particularly at the informal level,” he added.
On the MSME Clinic, Senator Shettima explained that it provides “a unique platform for business owners, aspiring entrepreneurs, and innovators in Borno State to interact directly with regulatory agencies, financial institutions, and business support organisations.
“It is an avenue to receive practical, on-the-spot solutions to the challenges you face in running your businesses,” he pointed out.
The Vice President also announced the successful completion of the second cohort of the FGN-ALAT Digital Skillnovation Programme in Borno State, a partnership with Wema Bank that has trained over three million Nigerians in digital skills.
“The FGN-ALAT programme has trained over two million Nigerian youths and one million MSMEs in digital skills and resources critical for thriving in today’s technology-driven economy,” the VP noted.
He further stated that the fashion hub is among the largest ever established by the federal government, furnished with state-of-the-art equipment to support the fashion manufacturing cluster in Borno State.
He continued: “It has the capacity to boost production, achieve economies of scale, and align with global standards. We anticipate that this facility will be managed by a competent private sector entity, with federal and state governments providing vigilant oversight.
“Our vision is for this hub to become a reference point for excellence, enterprise, and training—not only for Borno State but for the entire nation.”
Commending the state government for its support, the Vice President expressed gratitude to the government of Borno State, under the stewardship of Governor Babagana Umara Zulum, for partnering with the federal government to bring the Expanded MSME Clinic and the fashion hub to the people of the state.
He reiterated the administration’s commitment to grassroots economic development, noting that “without skills, innovation stalls. Without accessible capital, dreams wither.
“This is why we are committed to standing with you, supporting you, and ensuring that your most ambitious ideas are transformed into flourishing enterprises instead of being forgotten in the cupboards of dreams not realised,” he added.
In his remarks, Governor Zulum regretted that MSMEs had suffered “untold hardship in the state due to decade-long insurgency and the prevailing economic situation in the country.”
He expressed optimism that the launch of the MSME Clinic will revive business activities, small and medium enterprises, provide employment opportunities and sources of income for individuals in Borno State.
Assuring that the government is committed to creating more opportunities for the population, Governor Zulum said in recognition of the importance of MSMEs, his administration has made several policies to encourage the citizens to build expanded sources of income.
Also, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, stated that the launch of the MSME Clinic and the Fashion and Innovation Hub marks another milestone of success in the administration of President Bola Ahmed Tinubu.
He said that going around the exhibition with the Vice President, he observed that “everything speaks to the 8-point agenda of Mr. President.”
He highlighted the agenda to include food security, poverty reduction, job creation, inclusion of women and youths, provision of security, access to capital and rule of law.
On his part, the Minister of State for Industry, Trade and Investment, Sen John Owen Eno, said the MSME Clinic is a transformational programme being led by the Vice President and is responsible for unlocking a lot of economic opportunities, empowering small businesses and encouraging innovation.
He said that coming to commission MSME in Maiduguri underscores the legacy of diversifying the economy, contributing to job growth as well as trying to be competitive.
Giving a recap of the MSME Clinics across the country, especially in Borno State, the Senior Special Assistant to the President on MSMEs and Job Creation, Mr. Tola Johnson, expressed appreciation for the commissioning of the Clinic in the state.
While thanking the Governor and his team for a cordial working relationship, he said that the MSME Clinic organizes an award ceremony every June 27, and any state that the Vice President attends for the MSME Clinic prior to the award ceremony is qualified to win either the male or female MSME award.
Energy Infrastructure Vandalism Now A National Emergency – VP Shettima
Meanwhile, Vice President Kashim Shettima on Tuesday also commissioned a new 15 megavolt-amperes (MVA) injection substation in Maiduguri, Borno State, saying recent attacks on power infrastructure have reached emergency levels.
To this effect, he said the government is urging all security agencies and citizens as well to take active interest in the protection of the nation’s power infrastructure to forestall the resultant power supply disruptions with its economic toll.
Speaking during the commissioning of the 1x15MVA, 33/11kV injection substation at the College of Agriculture, Maiduguri, Borno State, the Vice President said, “The widespread power outages experienced across Northern Nigeria at the end of last year due to acts of vandalism serve as a stark reminder of the fragility of our electricity infrastructure.
“This invites all of us to treat interventions in our national electricity infrastructure as an emergency.”
He explained that the new facility, constructed by the Niger Delta Power Holding Company (NDPHC), includes a 0.1km 33kV line, 5km of 11kV lines, 5km of LT distribution networks, and three 500kVA distribution transformers.
“If we are truly concerned about expanding the industrial capacity and productivity of this great nation, we must make electricity a priority. The energy needs of each part of this country are a promise we cannot afford to take for granted,” he said.
VP Shettima who is the Chairman of NDPHC lauded the company’s important role in Nigeria’s power sector development, saying, “NDPHC has earned its status as the nation’s largest generation company by installed capacity.
“Its contributions to Nigeria’s energy infrastructure are unmatched, including building over 40% of the existing transmission infrastructure now operated by the Transmission Company of Nigeria.
“Over the past decades, Nigeria’s power sector has been hampered by insufficient generation capacity, outdated transmission infrastructure, and inadequate distribution networks. These are well-known obstacles and solutions to them have been placed firmly on the front burner by His Excellency, President Bola Ahmed Tinubu,” he maintained.
The VP disclosed that the injection substation and its associated network will have a transformative impact on Maiduguri and its environs.
“By enhancing the quality of electricity supply, reducing losses, and improving voltage levels, this project will stimulate economic activities, fast-track the growth of small and medium-scale enterprises, and support essential services,” he said.
Calling for increased generation capacity near consumption points to improve grid stability, particularly in the North-East, Senator Shettima urged the people of Maiduguri and its environs to take active roles in protecting these facilities from vandalism.
“Our collective responsibility in this regard is critical to sustaining our ambition to transform the power sector,” he said.
FG Launches Ultramodern Fashion Hub In Borno, Targets 48,000 Jobs
News
Zulum emerges New Telegraph’s Governor of the Year
Zulum emerges New Telegraph’s Governor of the Year
By: Our Reporter
Borno State Governor, Babagana Umara Zulum, has emerged as the New Telegraph’s Governor of the Year for his outstanding achievements in 2024.
Zulum will be honoured alongside seven other governors who will receive awards in education, infrastructure, health, projects, good governance, rural development, and the economy.
The Awards Ceremony was slated for Friday, February 21, 2025, at the Grand Ballroom, Lagos Oriental Hotel, Victoria Island, Lagos.
Zulum’s nomination was contained in a letter addressed to him which was signed by the Managing Director /Editor-in-Chief of Daily Telegraph Publishing Company Limited, Ayodele Aminu.
Mr Ayodele was quoted as saying “We have followed closely your activities since May 29, 2019, when you were sworn in as the Governor of Borno State and are of the firm belief that your utterances, activities and actions in the service of your people have fully justified the confidence reposed in you by the people of Borno State.”
“We recall that upon assumption of office, you inherited a state bogged down by insecurity, occasioned by the activities of Boko Haram. You took the great risk of visiting the war ravaged communities to ascertain the
true state of their infrastructure. You also took a tour of the Internally Displaced Persons (IDP) Camps across the state to empathise with the victims of the conflict, provide succour and renew their hopes of returning to
their ancestral communities as soon as possible.”
“Today, you have not only rebuilt public infrastructure in the communities destroyed by Boko Haram insurgents, you have built complete new homes for the victims. As a result, the economic and social landscapes of Borno State have become positively transformed as the average citizen can now go about their normal business without any fear of intimidation.”
“The fact that you achieved this feat without blowing your trumpet is an eloquent testimony to your administrative acumen, humility and love for the people of Borno State.”
“In view of the above, we are pleased to honour you with the award of GOVERNOR OF THE YEAR.”
Zulum emerges New Telegraph’s Governor of the Year
News
Our leadership represents a true sense of responsibility. – Buni
By: Yahaya Wakili
Governor Mai Mala Buni, CON, of Yobe State, has said that, as the largest stakeholders in the Lake Chad Basin, hosting 74% of the affected population, our leadership reflects a profound sense of responsibility to address the shared challenges that transcend borders.
Buni disclosed this today in his welcome address at the 5th Lake Chad Basin Governor’s Forum held at Maiduguri, the Borno state capital. He said the forum is being hosted by the Yobe state government; this underscores our unity of purpose and rekindles the age-long standing brotherhood among the member states.
“Nigeria, under the leadership of His Excellency President Bola Ahmed Tinubu GCFR, has consistently demonstrated its commitment to regional cooperation and stability. Adding that, this forum exemplifies Nigeria’s role in fostering unity, collaboration, and strategic solutions across the Basin.
The theme of the 5th Forum is “Rebuilding the Lake Chad Basin: Consolidating Gains, Commitment to Peace, Cross-Border Cooperation, Security, and Sustainable Development for a Resilient Community.” As the theme suggests, this will again provide another opportunity for states and provinces around the Lake Chad Basin region across Nigeria, Niger, Chad, and Cameroon republics to discuss and reflect on the journey so far since the region strategy for stabilization, recovery, and resilience became operational five years ago.
According to Buni, the challenges we face are vast, but so too is our collective capacity to overcome them. “Together we will build a region that exemplifies the strength of unity and the power of partnership,” he said.
Governor Buni maintained that this forum remains a beacon of hope, serving as the cornerstone for strengthening and promoting good governance, cross-border cooperation, dialogue, and coordinated action among the basin’s eight territories.
He added that the conversations and commitments we make here are instrumental in shaping policies and interventions that address the root causes of instability and lay the foundation for sustainable development.
Governor Mai Mala Buni said, We convene at a time when the Lake Chad Basin faces multifaceted challenges that include growing demography, security threats, limited infrastructure, climate change, and socio-economic disparities that demand concerted efforts.
He extended his heartfelt appreciation to His Excellency, President Bola Ahmed Tinubu, GCFR, for his political leadership and continuous commitment to advancing national, regional, and international peace development and security agendas. Adding that, the United Nations, Lake Chad Basin Commission, UNDP, African Union Commission, and all development support groups and partners who have been instrumental in this journey.
Our leadership represents a true sense of responsibility. – Buni
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