Connect with us

News

Nigeria to Get More Investments From China- CGCC

Published

on

Nigeria to Get More Investments From China- CGCC

By: Michael Mike

Nigeria is expected to get more investments from China in recent times, the China General Chambers of Commerce has said.

The Chambers made the declaration on
Thursday during the opening of the 3rd Belt and Road China-Nigeria Economic and Trade Exhibition in Abuja, noting that China is interested in strengthening trade relations with Nigeria.

Speaking at the occasion, Deputy General Manager of CCECC Nigeria Limited and the representative of the Chairman of the China General Chambers of Commerce in Nigeria, Mr Liu Jiang, said the forum marks a starting point to continue to promote economic and trade cooperation.

He said: “We are committed to enhancing and strengthening our cooperation by working closely with local partners to play harmony with China- Nigeria relations.

“It is important to note that a number of landmark projects have been completed from oil and gas, infrastructure, manufacturing, communications, Agriculture, mining, internet, and other fields in addition.

“This economic and trade exchange will create more opportunities for Chinese and Nigerian enterprises and strengthen win-win cooperation.

Liu also noted that the Belt and Road initiative proposed by Chinese President Xi Jinping aims to promote policy communication, infrastructure connectivity, unimpeded trade, financial integration, and people-to-people exchange among countries.

He noted that: “Half a month ago the third Belt and Road Forum for international cooperation was successfully held in Beijing and the Chinese President Xi Jinping met with Nigeria Vice President Kashim Shettima.

“The two sides valued the fruitful achievements made by China and Nigeria since the establishment of diplomatic relations for more than half a year and expressed full confidence in the future development of relations between the two countries,” Liu said.

In his remarks, Hon. Jaafaru Yakubu, Chairman of House Committee on Nigeria-China Relations, House of Representatives, Federal Republic of Nigeria who represented the Speaker, Tajudeen Abbas expressed his appreciation to the Chinese government for the Belt and Road initiative which Nigeria has benefited a lot from.

He noted that: “This initiative has brought about tremendous opportunities for economic developments, infrastructural enhancement, and cultural exchange between our two nations.

“The Belt and Road initiative, launched by China in 2013, aims to connect Asia with Europe, Africa, and beyond through a series of infrastructural projects, such as roads, railways, ports, and energy facilities.

“Nigeria being the largest economy in Africa has become a key participant in this initiative seeking to improve its infrastructure, boost trade, and enhance its overall development framework.

He also stated that the cooperation between Nigeria and China has enhanced transportation infrastructure.

“Through the Belt and Road Initiative, China has invested in the construction of roads and railways providing Nigeria with better connectivity within the country and across borders.

“This has facilitated the movement of goods, services, and people bringing about increased trade and economic integration.

“The Federal House of Representatives through the able leadership of Hon Tajudeen Abbas is committed to strengthening the bilateral and diplomatic ties between Nigeria and China by the instrumentality of appropriate law-making,” Yakubu said.

Nigeria to Get More Investments From China- CGCC

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

Published

on

NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

By: Zagazola Makama

The Nigerian Air Force (NAF) troops of Operation FANSAN YANMA have successfully neutralized scores of bandits in Tsafe Local Government Area (LGA) of Zamfara State, Zagazola report.

Intelligence sources told Zagazola Makama that the successful operation was as a result of a coordinated intelligence which revealed that a large number of bandits suspected to be relatives of notorious bandit leader Ado Aleiro, along with other unidentified individuals, left Zamfara State/Tsafe LGA to rustle cattle from nearby communities.

The sources said that the bandits succeeded in stealing several livestock and were attempting to escape when they encountered resistance from local the security forces.

The troops tracked the rustlers and waited until they reached a mountainous area before surrounding them. Upon confirming their location, they alerted the Nigerian Air Force, which swiftly deployed air assets to engage the fleeing bandits.

Eyewitnesses confirmed that several bandits were eliminated in the operation, though he said that the exact number is yet to be determined. The second sources said that at least 23 bandits were killed as well as several others injured

The sources said that the troops also recovered a large number of rustled cattle.

This operation is part of ongoing efforts by the military to dismantle terrorist strongholds and curb cattle rustling, a key source of funding for bandit groups operating in Zamfara and neighboring states.

NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

Continue Reading

News

FG unveils 39 inmate transport vehicles, armoured booths for prison security

Published

on

FG unveils 39 inmate transport vehicles, armoured booths for prison security

By: Our Reporter

Olubunmi Tunji-Ojo, the minister of interior, has inaugurated 39 mini-green Maria vehicles to ensure the safe transportation of inmates to courts during trials.

In a statement on X, the ministry said the commissioning took place at the headquarters of the Nigerian Correctional Service (NCoS).

The minister also unveiled four armoured security guard booths to protect correctional facilities from external aggression by non-state actors.

“The Hon. Minister of Interior, Dr. Olubunmi Tunji-Ojo, today inaugurated four armored security guard booths at the Nigerian Correctional Service headquarters to enhance the defense of correctional facilities against external threats,” the statement reads.

“He also unveiled 39 mini-green Maria vehicles designed to ensure the secure transportation of inmates to court during trials. These efforts reflect President Bola Ahmed Tinubu’s dedication to the safety and welfare of officers and inmates.

FG unveils 39 inmate transport vehicles, armoured booths for prison security

Continue Reading

News

Damaturu Flyover: The Making of A Befitting State Capital

Published

on

Damaturu Flyover: The Making of A Befitting State Capital

By: Mamman Mohammed

Since the news about the signing of the Damaturu fly over contract filtered the air, it attracted accolades in many quarters and of course, reservations in some quarters. This is very normal and usual with every human endeavour.

It is pertinent to note that His Excellency the Executive Governor of Yobe State, Hon. Mai Mala Buni CON, COMN, while presenting the 2025 budget to the state House of Assembly, emphatically said “The widespread of road projects is intended to give a facelift and accessibility to our communities. Government is committed to the completion of the seventeen ongoing road projects, and to embark on eleven new ones. The completion of the township roads and drainages in five Local Government Areas is very dear to the government. I am also pleased to inform you that work would soon commence for the construction of the Damaturu flyover. We would also commence work on the Damaturu Green Economic City”.

Similarly, the budget allocated funds to other sectors to run simultaneously to improve the lives of the people without obstructing the execution of other projects and programmes in other sectors.

Importantly, the budget went through open process of careful and critical scrutiny, with Civil Society Organizations, individuals and groups in attendance.

Throughout the public sitting, none of the interest groups and individuals identified any project including the Damaturu flyover road as a misplacement of priority that would be at the expense of another, and as they may say, it is robbing Peter to pay Paul.

There is no doubt that the Damaturu flyover project will not only check the numerous congestion and accidents in the metropolis but, also beautify Damaturu, from a glorified local government headquarters to a beffiting state capital that is comparable to its peers, and a pride of every Yobean.

This takes us to the Muhammadu Buhari lnternational Cargo Airport as a reference point. When Gov. Buni took over the leadership of the state in 2019, there was an argument for and against the completion of the airport.

Many people described it as a wasteful project while others urged the new administration to ensure its completion. And when Gov. Buni finally announced the completion of the airport which was still at skeletal stage, it put such arguments to halt.

Gov. Buni’s argument was that, abandoning the project at that level would be a monumental loss to the state that would only attract untold inflation whenever any administration decides to complete the airport. Thanks to the wise decision, and the deep futuristic thinking by Governor Buni.

Today, the argument over the completion of the airport is now history. It is
completed and commissioned. It remains
one of the iconic legacy projects, with a very prosperous future to the state.

Already, some international investors have indicated interest in direct and indirect investments in the state. The Qatari business community and most recently, the Moroccan Investment, lmport and Export Development Agency, said the airport is a window to a fruitful economic partnership that would generate employment and wealth creation.

The same criticisms greeted the Kano, Maiduguri, Yola, Kaduna and Jalingo flyovers.

Surprisingly, some characters who lauded the flyovers elsewhere have suddenly changed their positions with the Damaturu flyover.

As a known fact, there may be no single government project or programme that would generate100% support from the public, as everyone may have his opinion for or against such project.

We should always see such projects positively and support government in its development strides to make Damaturu a state capital that is in tune with the changing times.

Damaturu Flyover: The Making of A Befitting State Capital


Continue Reading

Trending

Verified by MonsterInsights