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Udoma Meets China Exim Bank Officials

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Wednesday commenced follow-up discussions with the management of the Chinese EXIM Bank in Beijing, China, that will lead to the implementation of the various projects discussed during the visit of President Muhammadu Buhari to China.

President Buhari during a State visit in April this year reached various agreements with the Chinese government on development assistance particularly the funding of some critical infrastructure in the country. The visit by the President further bolstered Nigeria’s participation in the ten critical areas under the Forum on China Africa Cooperation (FOCAC).

Udoma is in China to attend the FOCAC Coordinators meeting.

In the meeting with the Vice President of EXIM Bank of China, Yuan Xingyong, at the bank’s headquarters in Beijing, Senator Udoma said that Nigeria will appreciate the financial assistance from the Bank to enable it execute some of the basic infrastructure projects that will drive growth, develop the economy of Nigeria and increase business partnership with its global business allies.

Senator Udoma said his visit was to exchange views with the management of the bank and to see how Nigeria can deepen the bilateral cooperation already existing between it and China.

“Our relationship with China is very important to us, which was why our President led a big delegation on a State visit to China in April this year. We are quite impressed with the infrastructural development in China and believe that China has a lot to teach us in Nigeria; particularly we will like the support of China in the area of infrastructure development.”

The Minister said he believes quite strongly that the rapid development of Nigeria will enable the country be a better business partner with China as the volume of business and investments will grow bigger and better.

“We have a list of some projects, some of them we have started work and others about to start, which we had submitted to China for financial assistance. Some of the priority projects, the President has asked me to stress include the Nigerian railway modernization projects from Lagos to Kano – (Lagos –Ibadan) and Lagos – Kano (Kano – Kaduna) which are two parts of the same project; the coastal railway project from Calabar to Lagos, the Mambilla Hydro-electric project and the Niger Delta East West road project.

“These projects are estimated to be completed in three years. Other projects which the Government are interested in developing include power transmission projects, Greater Abuja Water project, Abuja Mass Transit project, Galaxy Backbone project, NTA Digitalization, expansion of Abuja Keffi road, and the dualization of the Akwanga – Keffi road”, he said.

Senator Udoma also mentioned other projects the Nigerian Government was considering such as the Presidential Initiative for the Rehabilitation of the North East and the Export Processing Zones that the Nigerian Ministry of Investments, Trade and Industry was seeking to develop to attract companies wishing to locate in Nigeria to manufacture principally for exports.

“In the case of the Export Processing Zones, we are looking at investors to come and invest in them and Chinese companies might be interested in coming to invest; and if the bank can assist us in identifying and introducing them, we will really appreciate it.”

The Minister stressed that the priority projects, particularly the railways, will help the rapid development of Nigeria and expand its economy thereby increasing capacity of the country to repay the loans.

He reiterated Nigerian government’s commitment to diversifying its economy. “Nigerians, like the Chinese, are hardworking people and I believe with the right infrastructure in place they will work harder and the country will make wealth and become a better partner to China.

“Like China, we have the population, which is the largest in Africa. Its GDP is the highest in Africa south of the Sahara; and we are geographically well positioned for Chinese investors. From Nigeria you can get to anywhere in Africa in four or five hours. We are very well located for any Chinese business in Africa.”

Responding, My Xingyong said the Bank enjoys a very sound relationship with Nigeria. “Nigeria is important to the Bank because the two have been doing good business together and the country has a good record of repayment. The bank is willing to deepen the bilateral cooperation with the country and extend financial support for development purposes” he said.

He agreed that the priority projects will largely accelerate Nigeria’s economic growth. “We appreciate the idea of the EPZ. By establishing EPZs it will create the enabling environment for enterprises and provide revenue for Chinese business investments in Africa. Such EPZ will become a vehicle for international cooperation between China and Nigeria, and transfer of industrial capacity between the two countries.”

Xingyong said Chinese companies can partner EXIM Bank and look for investments in the EPZ. He pledged to continue to work with Nigeria in the development of some of Nigeria’s priority projects.

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Nigerian Born Int’l Journalist, Livinus Chibuike Victor, attempts to attain Interviewing Marathon of 72hours 30 Seconds

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Journalists plays an essential role in promoting transparency, challenging power, and giving a voice to the voiceless. Despite increasing threats to press freedom across the world.

As the world reflects on the vital role journalists play in upholding democratic values, Livinus Chibuike Victor, Imo State born globally acclaimed journalist, proudly announce a historic Guinness World Record attempt for the longest interviewing marathon, with the Theme (NIGERIA OUR STRENGTH) scheduled to take place from 28th September to October 1st 2025, at Tangier Hotel, 34, Ekukinam street, Besides ABC Transport, Utako, Abuja.

The record attempt according to Victory, aims to highlight the enduring impact of journalism in a democratic society, a profession that continues to educate, empower, and hold those in power accountable. In an age where truth is often under siege, this initiative seeks to draw attention to the essential need for a free, ethical, and fearless press.

“Democracy is impossible without an informed public, and journalists are the ones who make that possible, “This attempt is not just about setting a new world record; it’s about celebrating truth, integrity, and the powerful role journalism plays in building and sustaining open societies.

 

The Guinness World Record attempt will feature a series of activities designed to engage the public, celebrate press freedom, and honor the sacrifices made by journalists around the world.

Members of the public, media professionals, and civic leaders are invited to witness and support the event as it unfolds over three inspiring days at the Tangier Hotel, Ekukinam Street, Utako,.Abuja, Nigeria.

About Livinus Chibuike Victor
Livinus Chibuike Victor is a Nigerian journalist known for his fearless reporting and advocacy for Press Freedom. He has worked tirelessly to promote transparency and accountability in society through his work.

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South East NUJ hosts homecoming, awards Chris Isiguzo Lifetime Achievement Honour

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The immediate past National President of the Nigeria Union of Journalists (NUJ), Chief Dr. Chris Isiguzo (MFR), has been celebrated with a Lifetime Achievement Award by journalists from the South East Zone C during a special homecoming held in his honour at the NUJ Enugu Council Press Centre.

Speaking at the event, NUJ Vice President (South East), Comrade Ezenwa Adiuku, said the recognition was in appreciation of Isiguzo’s remarkable leadership and contributions during his tenure as National President. He described him as “a pathfinder, a trailblazer, a mentor, and a leader,” noting that he positioned the South East as a strong voice within the Union.

Chairman of the occasion and SSA to the Enugu State Governor on External Media Relations, Mr. Uche Anichukwu, stressed the importance of quality leadership recruitment in a democracy, urging citizens to reject vote buying and selling. He charged the media to intensify civic education to ensure credible leadership choices.

The current NUJ National President, Comrade Alhassan Yahya, praised the South East leadership for honouring Isiguzo, adding that it was the first time a sitting national president would honour his predecessor. He expressed confidence in the new Enugu Council leadership under Comrade Obinna Ogbuka, urging members to give full support.

In his response, Isiguzo expressed gratitude to the Union, recounting his administration’s achievements such as member registration, creation of the NUJ website, restoration of peace in councils, improved relations with state governments, and enhanced staff welfare.

Delivering a keynote address on “Leadership Recruitment Amid Challenges of Poverty: The Role of the Media”, UNN Vice Chancellor, Prof. Simon Uchenna Ortuanya, represented by Prof. Olaiwola Usman, linked Nigeria’s poverty crisis to poor leadership choices, stressing the media’s role in promoting credible recruitment of leaders.

The high point of the ceremony was the presentation of the NUJ South East Zonal Lifetime Achievement Award portrait to Isiguzo by Comrade Yahya, alongside tributes from NUJ and NAWOJ leaders.

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NSITF mourns Afriland Towers fire VICTIMS, calls for stronger workplace safety

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The Nigeria Social Insurance Trust Fund (NSITF) has expressed deep sorrow over the lives lost in the recent fire at Afriland Towers on Broad Street, Lagos.

The Fund said its thoughts are with the families, colleagues, and organisations affected, including the Federal Inland Revenue Service, United Capital Plc, UBA, Afriland Properties, and others.

NSITF’s Managing Director and Chief Executive, Barr. Oluwaseun Faleye, sent heartfelt condolences, saying: “Our hearts go out to those who have lost loved ones. We stand with you in this time of grief.”

He also commended the courage of emergency workers and the swift action of the Lagos State authorities in containing the situation.

To support those affected, NSITF has activated its Lagos support desk to work with employers, families, and government agencies. The desk is helping with incident reports, claims processing, and benefits under the Employees’ Compensation Scheme.

This covers dependants of the deceased as well as rehabilitation support for survivors. “Our case officers are ready to guide families and employers every step of the way,” Faleye assured.

The Fund noted that the tragedy highlights the importance of workplace safety and the need for organisations to take precautions to prevent such disasters.

NSITF urged all employers to: Strengthen workplace safety measures and emergency protocols, especially in high-rise buildings and around backup power systems.

Report incidents quickly to NSITF so support can be provided without delay.

Ensure their organisations are registered with NSITF and that Employees’ Compensation contributions are up to date to guarantee full protection for their workers.

“These measures can save lives, reduce risks, and ensure timely support for those in need,” Faleye stressed.

On behalf of NSITF’s Board, Management, and Staff, he extended the Fund’s deepest sympathies to all those affected, pledging continued collaboration with the Federal Government and Lagos State authorities to protect Nigerian workers.

May the souls of the departed rest in peace.

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