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Nigeria, China Strengthen Economic Ties with $3.3 Billion deal

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Wale Edun

In a historic trade conference, Nigeria and China have solidified their economic partnership with a landmark agreement worth $3.3 billion.
The event, chaired by Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, marks a significant step toward enhancing bilateral relations and fostering sustainable development.
Director of Information and Public Relations Mohammed Manga in a statement said the agreement signifies a commitment to deepening economic cooperation between the two nations, paving the way for future collaborations aimed at mutual growth.
According to the statement, the gathering was attended by key stakeholders, reflecting both countries’ dedication to establishing unbreakable bonds in trade and investment.
The statement explained that as Nigeria and China embark on this new era of economic collaboration, the focus will be on creating opportunities that benefit both economies and promote long-term development.
In his keynote address, the Honourable Minister underscored the significance of South-South cooperation, highlighting its pivotal role in Nigeria’s sustainable development goals as chair of the event, he also guided discussions that focused on critical areas of collaboration between the two nations.
Edun reiterated President Bola Ahmed Tinubu’s dedication to fostering a business-friendly environment that attracts increased investment, particularly in key sectors such as infrastructure, energy, and industry.
One of the conference’s standout outcomes was the signing of a $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex, a transformative project expected to significantly boost Nigeria’s industrial output and generate vital employment opportunities.

Infrastructure development—a cornerstone of the China-Nigeria partnership—was a major focus of the discussions.
Both nations reiterated their commitment to joint infrastructure projects, including roads, bridges, and energy systems, aimed at accelerating industrialization and driving long-term economic growth in Nigeria.

Financial and security cooperation also took center stage, with both countries agreeing to enhance intelligence sharing to combat money laundering and financial crimes. This marked a critical step toward ensuring a secure and transparent financial environment, laying the groundwork for continued economic collaboration.

As chair of the event, the Minister also highlighted President Tinubu’s bold economic reforms, designed to steer the country toward a sustainable growth path. He stressed the importance of leveraging both domestic resources and international partnerships, such as those with China, to ensure that these collaborations deliver tangible benefits to the Nigerian people.

Key infrastructure and security initiatives are seen as pivotal to achieving Nigeria’s economic objectives under the Renewed Hope Agenda, while also advancing China’s Belt and Road Initiative.

As the curtains close on the groundbreaking conference, Nigeria and China emerge as beacons of hope for a brighter economic future, especially as the conference concluded with a strong mutual commitment to ongoing engagement, open dialogue, and reinforced cooperation.
With the signing of the $3.3 billion Brass Industrial Park and Methanol Complex agreement, the stage is set for transformative growth, job creation, and sustainable development.

This historic partnership will undoubtedly propel Nigeria’s economic agenda forward while reinforcing China’s Belt and Road Initiative. As both nations embark on this extraordinary journey together, the world watches with bated breath, eager to witness the remarkable achievements that will unfold from this unbreakable bond.

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At Achebe Forum, Obasanjo Labels Nigeria a ‘Failing State’ Criticizes Tinubu’s Leadership

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Olusegun Obasanjo

Former President Olusegun Obasanjo has expressed sharp criticism of President Bola Tinubu’s administration, stating that Nigeria’s decline is now evident to “every honest observer.”
Speaking at the Chinua Achebe Leadership Forum at Yale University in the U.S., Obasanjo attributed the country’s deteriorating state to leadership failure, pointing specifically to Tinubu’s governance, which he referred to as “Baba-go-slow and Emilokan.”

In his keynote address titled “Leadership Failure and State Capture in Nigeria,” Obasanjo highlighted that pervasive corruption and mismanagement have worsened Nigeria’s challenges, driving the country deeper into insecurity, division, and underdevelopment.
He quoted the late writer Chinua Achebe, who in his book The Trouble with Nigeria argued that the country’s fundamental problem is a failure of leadership, not a flaw in its people or resources. According to Obasanjo, this diagnosis remains as relevant today as it was over 40 years ago.

Obasanjo cited works by American experts Robert Rotberg and John Campbell, who have characterized Nigeria as a “failed state.” Their argument, he noted, suggests that Nigeria’s inability to maintain security and stability has serious implications for Africa and the world at large.

Additionally, the former President described “state capture” as a pressing issue in Nigeria, where powerful individuals and groups exploit government resources and policies for personal gain. Obasanjo argued that this corruption undermines national interests, with influential elites shaping the country’s legal and economic systems to benefit themselves. Such practices, he warned, compromise public welfare, affecting the quality of education, healthcare, and infrastructure development.

In reflecting on Achebe’s legacy, Obasanjo praised the late author’s commitment to truth and the moral foundation he established for Nigeria. He urged Nigerians and the international community to recognize the dangers of state capture and work towards restoring a governance model that prioritizes the public good.

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Sule Lamido, Shehu sani disagree over National Security Adviser

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Shehu Sani and Sule Lamido

The senator who represented Kaduna Central Senatorial District in the 8th National Assembly, Shehu Sani has disagreed with a former Governor of Jigawa State, Sule Lamido over national security issues
Lamido had taken a strong position against the current National Security Advisor (NSA), Nuhu Ribadu accusing him of compromising his professional integrity and acting more like a spokesperson for President Bola Tinubu than fulfilling his constitutional role.
Sani advised Lamido to at least appreciate how the Tinubu led Administration tackled insecurity instead of politicizing it in his comment on the National Security Adviser.
Ribadu who was basking in the euphoria of the recent claims of decimating the insurgents cautioned anyone “not to dare Tinubu”, espercially the new Lakurawa Insurgents a development which infuriated the former governor of Jigawa State and a Chieftain of the Peoples Democratic Party,(PDP), prompting him to take to his verified facebook wall to describe the NSA as “loquacious, flippant and qualified to have been Tinubu’s Minsiter of Information instead of NSA.”
Lamido Criticizes NSA for Sycophantic Behavior, Urges Focus on Duties.
Lamido in his comment had expressed concerns over the NSA’s behavior, particularly his past actions as the Chairman of the Economic and Financial Crimes Commission (EFCC) under President Olusegun Obasanjo. Lamido reminded Nigerians of the NSA’s controversial remarks, including his public labeling of prominent governors—such as Tinubu, Kalu, and Akume—as the “most corrupt.” Lamido pointed out the stark contradiction between the NSA’s earlier criticisms and his current position, serving under the same figures he once condemned.

The former governor called the NSA’s decision to join the administration of President Tinubu—a leader he previously described as corrupt—a “singular mistake,” one that Lamido believes has tarnished the NSA’s credibility and character. “You are not a spokesperson for the President, you are a National Security Advisor,” Lamido emphasized, urging the NSA to return to the professionalism that has historically defined the role.

Lamido argued that previous holders of the NSA position, including the late Umaru Shinkafi, General Gusau, and Colonel Dasuki, all displayed discipline and a low profile, focusing on security matters without resorting to public displays or sycophantic behavior. Lamido lamented that the current NSA’s behavior reflects a departure from this standard, pointing to his increasingly vocal and partisan approach.

Rather than fulfilling his duties as an anonymous and diligent security advisor, Lamido claimed that the NSA’s moral dilemma and excessive displays of loyalty to the president have shifted him into the role of a “Minister of Information,” undermining the neutrality and importance of his position.

In closing, Lamido urged President Tinubu to allow his NSA to regain focus, remove his fears, and return to the professional standards expected of someone in such a sensitive and critical role. The criticism continued to ignite debates about the role of the NSA and the expectations of public office holders in Nigeria, with many calling for greater transparency and consistency from those in power.
Reacting, Shehu Sani countered Lamido in a statement on Friday in Abuja, saying there should be a credit and a commendation for an administration that inherited multi-faceted security challenges ,but which has been reduced to the barest minimum, wondering how the elderly statesman failed to acknowledge the many triumphs of government in bandits hotbed regions in the north.

Sani who served in the upper legislative Chamber in the 8th National Assembly said, he witnessed to the appropriation budget allocated to security which unfortunately did not abate security challenges before now, expressing that Nuhu Ribadu has achieved what many of his predecessors have failed to accomplish despite the hundreds of billions spent in the name of defence and security in the past;

According to him, bandits have been neutralized to a large extent, thus encouraging government in this direction until total victory should have been ideal rather than playing haywire politics which he said may not help the yet-volatile situation in the North.

He said: “Neutralisation of top bandit leaders, end to mass abductions of students in northern schools,

“Securing rail lines and major northern highways hitherto notorious for kidnappings. The prompt response to terrorist attacks on power lines is worth mentioning.

“Security challenges are not over but in all indices of comparison, he has performed better and set unprecedented records. His political critics are fully entitled to their views ,but his delivery on his mandate is unparalleled.”, Sani concluded.

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Concerned Religious Prayer Forum Responds to Criticism of National Prayer Initiative

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The Concerned Religious Prayer Forum has issued a statement clarifying its mission and responding to recent criticisms surrounding its seven-day national prayer initiative.

Established as a non-governmental organization on January 9, 2024, the Forum emphasizes that it is an independent group composed of citizens motivated by a shared desire to promote peace, unity, and prosperity in Nigeria.
The initiative has drawn scrutiny, particularly due to its involvement of high-profile figures, including First Lady Senator Oluremi Tinubu and National Security Adviser Nuhu Ribadu, as leaders of the prayer effort.

In the statement, Director General, Chief Segun Balogun Afolorunikan of the Forum reiterated that the prayer campaign is not government-driven or politically motivated, but rather a spiritual call for Nigerians to come together and seek divine intervention for the country’s challenges.
The Forum stated that it was not seeking political endorsement but instead believed that the involvement of such respected figures would inspire broader national participation.

Citing religious scriptures, the Forum stressed the role of prayer in supporting and strengthening efforts for national progress.
The Bible, according to 2 Chronicles 7:14, encourages prayer as a means of healing and unity: “If my people, who are called by my name, will humble themselves and pray and seek my face… then I will hear from heaven, and I will forgive their sin and heal their land.”
Similarly, the Quran in Surah Al-Baqarah (2:186) reminds believers that “I respond to the invocation of the supplicant when he calls upon Me.”

The Forum further addressed critics who questioned the efficacy of prayer in resolving the nation’s issues, insisting that divine intervention does not replace the need for diligent work but complements the efforts of the people. “This initiative is not about replacing hard work but about seeking spiritual guidance and collective unity to overcome the challenges facing the nation,” the statement read.

Encouraging all citizens and leaders to support the prayer initiative, the Forum called for unity in Nigeria’s pursuit of peace and prosperity. It urged Nigerians to set aside differences and work together in both practical and spiritual ways to help heal and build the nation.

The Concerned Religious Prayer Forum concluded its statement by inviting Nigerians to join in prayer, stating, “As we strive for national progress, prayer continues to serve as a catalyst for peace, growth, and development in Nigeria.”

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