Columns
Share the Chinese Harmony and Perform Africa-China Symphony
Share the Chinese Harmony and Perform Africa-China Symphony
By: CUI Jianchun, Chinese Ambassador to Nigeria
The world is undergoing major changes unseen in a century, with ups and downs of COVID-19 throughout the world. The spillover effects of the Ukraine issue have impacted the global food, energy and financial landscape, and the cause of global development is facing headwinds. Against such backdrop, African countries have voiced urgent aspirations for development, and called for international equity and justice.
China fully share the sentiment of African countries. Over the past decades, China and Africa have maintained long-term friendship, which has stood the test of changing international circumstances. The all-round cooperation between the two sides brought about remarkable outcomes in political, economic, social and security fields, which greatly contributed to Africa’s social and economic development.
At present, China and Africa are stepping up efforts to implement the outcomes of the Eighth Ministerial Conference of the Forum on China-Africa Cooperation(FOCAC) and accelerate the building of a China-Africa community with a shared future. China is ready to join Africa to promote the realization of the UN 2030 SDGs and the AU Agenda 2063, firmly safeguard the common interests of developing countries, and promote the building of a more just and rational international political and economic order.
First, we will uphold the spirit of China-Africa friendship and cooperation, and build an even stronger China-Africa community with a shared future. In November 2021 , Chinese President Xi Jinping made an important statement at the Eighth Ministerial Conference of the FOCAC and creatively put forward the spirit of China-Africa friendship and cooperation, featuring sincere friendship and equality, win-win for mutual benefit and common development, fairness and justice, and progress with the times and openness and inclusiveness. This spirit truly captures the relations of China and Africa working together in good and hard times over the past decades, and provides a source of strength for the continuous growth of China-Africa ties.
At this Conference, President Xi also proposed “Nine Programs” of China-Africa cooperation in terms of medical and health, poverty reduction and agricultural development, trade promotion, investment promotion, digital innovation, green development, capacity building, cultural and people-to-people exchange, and peace and security. The Nine Programs have drawn up an ambitious blueprint for China-Africa cooperation in the coming years and have been highly praised by African countries.
Under this framework, China will implement 80 key aid projects, establish a “green channel” for African agricultural products to China, and strive to import $300 billion worth of products from Africa in the next three years. China will support the building of the African continental Free Trade Area and the building of the Great Green Wall of Africa. These concrete measures meet the most pressing development needs of African countries, align with China’s new development pattern and conform to the general trend of international development cooperation. The Nine Programs are manifestos of China’s undiminished support to Africa’s development and will certainly lend new impetus to Africa’s post-pandemic economic recovery.
Second, we will jointly promote common development and safeguard global security and stability. The simmering hot spot issues in some regions have produced a series of negative spillover effects. The world is faced with multiple and cross-cutting challenges, and the economic recovery and social stability of developing countries are under impact. Developing countries should not be the victims of international crises, still less the victims of conflicts and turbulence. Meanwhile, international development cooperation is losing steam and the achievement of the 2030 Agenda of SDGs is at risk.
Facts have proven time and again that development holds the key to solving all kinds of governance challenges and improving people’s well-being. Countries should put development at the center of the international agenda, improve the global governance system, strengthen global development cooperation and achieve common development for all.
In a view to address pressing global deficit and imbalance of development, last September President Xi Jinping proposed the Global Development Initiative(GDI) at the UN General Assembly. The purpose is to galvanize worldwide attention to development, strengthen global development partnership, promote international development cooperation, and catalyze global actions towards realization of 2030 Agenda.
Later on, earlier this year at the opening ceremony of the Boao Forum for Asia Annual Conference 2022, President Xi Jinping proposed for the first time the Global Security Initiative(GSI). This major Initiative aims to meet the pressing need of the international community to maintain world peace and prevent conflicts and wars, to meet the common aspirations of countries to uphold multilateralism and international solidarity, and to meet the shared desire of all peoples to build a better world beyond the pandemic.
These above two important initiatives are embedded in the spirit of true multilateralism, uphold the spirit of cooperation and partnership featuring openness, and welcomes the participation of all countries. The two initiatives also widely reflected the common aspirations of African counties, voiced their demands and thus enjoyed broad support from this continent. The two sides should uphold the spirit of China-Africa friendship, set the Global Development Initiative and Global Security Initiative into actions, and march toward the aspiration of promoting common and inclusive development, and safeguarding global security.
Third, we will work together to safeguard world fairness and justice and build a fair and just international order. As a firm builder of world peace, defender of the international order and mediator of hot spot issues, China always holds high the banner of peace, development, cooperation and mutual benefit. China is committed to upholding the international system with the United Nations at its core, the international order based on international law and the basic norms governing international relations based on the purposes and principles of the UN Charter.
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African countries unanimously object hegemonism and power politics, interference in the internal affairs of other countries and racial discrimination, call for increased representation of developing countries in global governance, and guarantees of equal rights and equality of opportunity.
For a long time, China and African countries have shared weal and woe, fighting together against colonization, apartheid and racism. We have understood and supported each other on issues concerning our core interests and major concerns, always standing at the forefront of international justice.
However, there is a long way for us to make this world a fair, equal, inclusive and just place. Developing countries are kept on being victimized by hegemony, supremacy, blockade. China will always support developing countries, in particular the African countries in playing a bigger and more active role in international affairs, and is willing to work with African brothers to uphold and exercise true multilateralism, strengthen communication and coordination on major international and regional affairs, and make the international governance system more just and equitable.
Nigeria is Africa’s largest economy and most populous country with significant international and regional influence. China is the largest developing country. The friendship between our two countries could date back to decades ago, and we have become reliable partners worthy of mutual dependence. It is in the common interests of the two countries and the two peoples to strengthen practical cooperation in various fields.
Currently the two countries are strengthening an intergovernmental committee led by the foreign ministers of the two countries. This committee will coordinate to promote mutually beneficial cooperation between the two countries in various fields: to promote China’s new development pattern and Nigeria’s new national development plan; to jointly build the Belt and Road cooperation; to vigorously promote the construction of key projects to help the development of Nigeria’s industrialization; to continue to expand the space for cooperation to create new highlights of the digital economy and green economy; to carry out in-depth military security cooperation to improve Nigeria’s ability to maintain national security; to collaborate on regional affairs, exercise the concept of multilateralism, and safeguard the common interests of developing countries. Under the stewardship of the committee, the potential of all-round cooperation between our two countries will be greatly unleashed.
China and Nigeria are two great countries in the world. I do believe that both countries share similar values and moralities, worship friendliness and kindness, work towards better lives of their own peoples and the peoples of the world at large. As the 14th Chinese Ambassador to Nigeria, I was passionate to push forward the strategic partnership between our two countries. After my arrival, I have put forward 5GIST Nigeria-China GDP (Growth, Development and Progress) Strategy, which was warmly welcomed by Nigerian friends at various levels. I will spare no efforts to promote the two countries and peoples to Share Chinese Harmony and Perform Nigeria-China Symphony. With Nigeria-China’s joint efforts, I believe that this spirit will prevail in this continent, and in the end China and Africa will together Share Chinese Harmony and Perform Africa-China Symphony, working towards a shared future for all.
Share the Chinese Harmony and Perform Africa-China Symphony
Columns
IBUAM: The Challenges of a Specialized University
IBUAM: The Challenges of a Specialized University
By: Balami Lazarus
Universities are major parts of nation building. its growth, progress, and developments, among other human endeavors. They are known for adding value to human capacity in the realm of intellectual/skills productivity. Therefore,
Universities are playing significant roles in research and development (R&D).
Their core aims are translated into their objectives of teaching, learning, and character, knowing fully well that universities are the citadel of higher levels of educational attainment a country needs.
Whereof, universities are faced with volumes of challenges, both academic and non-academic, laying more in academic works and activities with demands in teaching, learning, and research.
When NEWSng visited the founder of Isaac Balami University of Aeronautics and Management (IBUAM), Engr. Isaac David Balami, recently in Abuja in an attempt to follow up with the progress of this particular specialized private university, the only specialized academic institution in aeronautics and aviation management in academic disciplines/practicalities, including techniques and skills in aviation fields.
It is on record that IBUAM is the only private specialized university that trains and provides students with academics, practicals, techniques, and skills in aeronautics engineering fields and aviation management in sub-Saharan Africa.
Without prejudice, NEWSng has a fair understanding of the challenges our universities are faced with and are struggling to meet.
Be as it may, universities, whether specialized or not, are institutions for serious academic and intellectual studies where large funds are needed to run, manage, and cater to her teaching, learning, and research, including other services. In consideration of this, NEWSng commends kudos to IBUAM.
“I give glory to the Almighty. And let me state here with sincerity of purpose, appreciation, and gratitude to the Borno State Government under my able, progressive, and foresighted governor, Engr. Babagana Umara Zulum, who has made IBUAM see the light of day by her quantum support of sponsoring over 30 native students for various courses at IBUAM. The scholarship package runs in billions of naira. My gratitude also goes to well-meaning Nigerians who stood with me to make IBUAM a reality and the first of its kind on the African continent.”
NEWSng was further informed by the engineer. Isaac Balami, the IBUAM is not a conventional university where you have more academic theories and fewer practicals.
“Let me state here categorically that in IBUAM we are for both academic works and more practical applications. The aviation industry is all about safety, perfection, and security applicable to IBUAM in her courses. With this in mind, our challenges are more than a handful. The management spends hundreds of millions for just services. We are
We’re doing our best to see to the growth of this university. “Most people out there admired universities and their physical structures, including their names, without a second thought. “The aviation industry and its businesses the world over are not a tuft for unserious-minded businessmen or investors; everything surrounding the industry is all about money. Come to think of having a related academic institution (university) like IBUAM, whose objective is to produce graduates of international standard for best practices.”
Take for instance, a university with just three faculties: Sciences, Arts, and Management, with only 300 students. I suppose that, in your opinion, such a university is not impressive.
Thus, if you begin to consider what it takes to run and manage a university in terms of personnel, especially lecturers; facilities; tools; materials; and equipment, you will be shocked.
This has made NEWSng a reason why specialized universities like IBUAM need large funds to function. “You need more than two or three airplanes on the ground for practicals… excluding tax, insurance, and other charges to bring them.”
Reportedly, the challenges faced by a specialized university are much greater than what is commonly heard: “With the collective support of IBUAM management, we are progressing.”
The founder, Engr. Isaac David Balami, said that to bring the attention of the university closer to the people, the management has proposed to have an IBUAM liaison office in Abuja.
IBUAM: The Challenges of a Specialized University
Columns
Dadong: A Balanced Voice From Ungwan Rukuba
Dadong: A Balanced Voice From Ungwan Rukuba
By: Balami Lazarus
What does it take to be a public mouthpiece? That was the question I asked Comrade Dadong Solomon Antibas. My chats with him were a balanced interface. The answers can be found in the write-up for your review.
Democracy like ours has brought to the limelight public mouthpiece voices; some are weak and political, while others are strong, progressive, constructive, and fearless, demanding progress, growth, and development as dividends of good governance in a peaceful atmosphere.
Governments created by democratic processes are never left alone without citizens asking questions and demanding dividends of democracy for their community and the country at large.
Comrade Dadong Solomon Antibas is a Nigerian, law-abiding citizen. Antibas, a security expert and popular public mouthpiece on the Jos Plateau, has earned the confidence of the people of his community, Ungwan Rukuba, and most parts of the state over the years. For his community, he is their immediate mouthpiece who has been speaking on their plights, calling the attention of the government under the leadership of Governor Caleb Manasseh Mutfwang to do the needful.
Personality like Solomon Antibas’ public impression of him by some citizens of the state is all about seeking relevance and political appointments. “I have no interest whatsoever in any political appointment. My sincere concern for my dear country and my state, Plateau, is peace, progress, growth, and development for future generations.”
Nigerians should begin to speak out on good governance at all levels. Citizens are also responsible for failing to hold them accountable and demand good governance in terms of security, social amenities, and infrastructure.
Ungwan Rukuba is one of the wards in the Jos North Local Government Area. It is an integral part of the city center. Unfortunately, the peaceful Ungwan Rukuba became a flashpoint. The terrorist attack of March 29th, 2026, has put a scar of insecurity on the area.
On insecurity, he said that Mr. President Ahmed Bola Tinubu has failed Nigerians woefully. “Insecurity is a bone of contention. The federal government must take decisive measures on the insecurity challenges bedeviling the nation.”
My findings on Comrade Dadong Antibas revealed that he is not a public affairs commentator or an analyst but a progressive and active public mouthpiece, a voice of the voiceless.
For some, Dadong is attacking the government under the leadership of Governor Mutfwang. ” Is speaking the minds of citizens on bad governance and holding the government of Governor Caleb Manasseh Mutfwang a crime”?
Despite threats on Solomon Dadong, they have not deterred him from speaking for and on behalf of other citizens living in the state. “I have no other way to hold the government accountable than to publicly speak and constructively criticize the leadership’s voicing out feelings and lots of the people…In democracy, governments are made by the people, and as such, they must provide for the collective needs of the masses who voted them in.”
Comrade Antibas is one among the few indigenous people of Plateau who are outspoken and speak with passion and a patriotic mind for his state and Nigeria. “I will live and die in Nigeria speaking, advocating, demanding, and/or holding both federal and state governments accountable for good governance.”
Balami, Publisher/Columnist, 08036779290
Dadong: A Balanced Voice From Ungwan Rukuba
Columns
Facts for Understanding Capital Market Investment
Facts for Understanding Capital Market Investment
By: Balami Lazarus
I grew up in an academic environment where the language is the same: study well, have good grades and be what you desire to be in the future through academic discipline and training.
Many of my contemporaries and I were not spoken to in the language of trade and commerce. But here are some of us as businessmen, entrepreneurs, investors and in other business enterprises far from the academic language we were bred with.
There has never been a market like the capital market the world over where trade per day runs into billions of cash. While market capitalisation is in trillions. The case of the Nigerian Stock Exchange (NSE), now Nigerian Exchange Group, with its trade symbol (NGX) on the floor, is a good example.
Investing in the capital market is profitable for traders and short- and long-term investors. But understanding the market requires some basic facts, which are cash, knowledge, discipline and patience, important for investors to appreciate the market.
Recently a member of my social group came to me to seek my advice on what it takes to invest in the equity market (stock exchange). I was very candid with the fellow, informing him that he needs cash, knowledge, discipline and patience to invest in the capital market after having defined his position as an investor.
First an investor needs cash in his possession set aside to invest in the capital market, the gateway into the market. You can have the other three, but without cash you are not yet an investor.
Lack of knowledge about a business or investments has made so many persons lose money worth millions.
This is typical with good number of Nigerians who attempted to start a business or invest in some going concerns without basic knowledge and understanding of the intricacies of these investments or businesses.
The information and technology age has
made acquiring knowledge very simple; therefore, understanding the stock market is easy these days.
Basically, the capital market depends on and responds to information, government policies, and economic and political happenings/events within and without, which most often determines the graphic movements of the primary market deals on the floor. ‘Bullish’ or ‘bearish’ simply means the plus or minus of the day’s transactions.
The need for monitoring of the market is important for traders and short-term investors. However, with knowledge and careful monitoring of the market, it is a suitable place for short-term gains for investors with multiple numbers of holdings in blue-chip companies like Dangote Cement, Bau Foods, Nestle, Aradel, Okumu Oil Palm, Zenith Bank, Guaranty Trust Bank and others. But for long-term investors, whether the market is bullish or bearish, his investment portfolio is for future use.
Investments like those of the capital market, discipline and being committed are necessary to build a strong, high-quality, profitable portfolio of a large number of holdings of units spread over listed companies of the stock exchange that come with capital appreciation and dividends. This is important, especially for long-term investors.
And the turn key in this type of investment is patience. Generally investments need patience for them to mature for harvest.
In stock market investment, patience plays a vital role in this business. Therefore, for an investor who lacks patience, the capital market is not a tuft for him and shall never be.
To navigate through this market, investors must at all times apply this formula and have it printed on their hearts. Cash = stock units over time + patience = capital apreciation/dividends.
Today there are changes in the exchange which have improved trading. The time of trade has been extended to transactions and payments (T+1). Other electronic applications to aid and encourage investors in the capital market in an attempt to boost the Nigerian economy.
Balami, Publisher/ Columnist 08036779290
Facts for Understanding Capital Market Investment
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