News
Xi Jinping and Tinubu Strengthen China-Nigeria Ties, Sign Key Agreements
Chinese President Xi Jinping has reaffirmed his commitment to strengthening collaboration with Nigerian President Bola Tinubu, with a focus on enhancing the diplomatic relationship between China and Nigeria and advancing broader China-Africa cooperation.
During a formal meeting at the Great Hall in Beijing, held at President Xi’s invitation, the two leaders discussed their shared goals.
The meeting took place ahead of the 2024 Forum on China-Africa Cooperation (FOCAC) summit, scheduled for September 4–6 in Beijing.
In his remarks, President Xi highlighted the longstanding ties between China and Nigeria, which have spanned over five decades.
He emphasized that both nations have consistently maintained mutual respect and understanding, fostering unity and collaboration for mutual benefit.
He proposed elevating the bilateral relationship to a comprehensive strategic partnership, positioning it as a key pillar for broader cooperation between China and Africa.
President Xi also saw the upcoming FOCAC summit as a pivotal moment to further cement China-Africa relations.
He expressed his eagerness to work closely with President Tinubu to fully realise the potential of China-Nigeria cooperation, setting an example of diplomatic friendship and collaboration that other nations could emulate.
In response, President Tinubu expressed his gratitude for the warm reception and invitation, noting that this visit was his second to China—his first being during his tenure as the governor of Lagos State.
He acknowledged the deep-rooted diplomatic and economic ties between China and Nigeria and highlighted the opportunities for boosting trade, investment, and development between the two countries.
The high-level meeting concluded with the signing of several agreements, including a Memorandum of Understanding (MoU) covering key areas such as Belt and Road Initiative projects, media and news exchange, and television collaboration.
These agreements aim to deepen cooperation between the two nations and contribute to their mutual growth and development.
President Tinubu was accompanied by a delegation that included Minister of Foreign Affairs Yusuf Tuggar, Kaduna State Governor Sen. Uba Sani, and Kwara State Governor AbdulRahman AbdulRasaq, among other officials.
The meeting signifies a strong step forward in China-Nigeria relations and sets the stage for further cooperation at the upcoming FOCAC summit.
News
“You Can Still Have Subsidy Without Long Queues” — Rufai Oseni Speaks On Subsidy
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
News
Sanwo-Olu Speaks on Lagos’ Power Challenges and the Need for Change
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
News
Sanwo-Olu Declares August 20 Public Holiday in Lagos for Isese Festival
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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