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China Mulls Additional $40bn Investment In Nigeria

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9 years ago

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The Chinese Foreign Affairs Minister, Mr Wang Yi says his country is investing additional 40 billion dollars in Nigeria.
Yi stated this at a bilateral meeting with his Nigerian counterpart, Mr Geoffrey Onyeama in Abuja Wednesday.
The minister said China had already invested up to the tune of  45 billion dollars in the Nigerian economy and was planning to invest more.
”Nigeria and China are strategic partners; our relations have been developing well; China has already invested or financed a total number of 22 billion-dollar projects here in Nigeria, another $23billion projects are on-going.
“In addition, we are also following up another over 40 billion dollars of investments, which is in the pipeline.
”Compare to the size, population and market of our two countries, our cooperation still have large potential to be deepened,” he said.
According to him, in order to achieve further development and prosperity of the two countries, we need to strengthen our political mutual trust, deep complementary between our developments.
Yi  said that there was the need to further expand practical cooperation and deepen strategic partnership between the two countries.
He expressed confidence that his visit would be a successful one as well as play a dual role in further strengthening the strategic partnership between China and Nigeria.
According to him, the purpose of his visit to Nigeria is to implement the important agreements and cooperation reached between the Chinese and Nigerian presidents.
He said the visit was also to help work closely with Nigeria to ensure that the outcome of the Forum for China Africa Cooperation summit is well implemented here in Nigeria.
Onyeama had earlier commended the existing relationship between Nigeria and China, noting that the relationship had been strong for many years.
”I think the level of cooperation with China is extremely high and the Chinese government is investing huge amount of money in Nigeria.
”Probably between 60 billion dollars to 80 billion dollars and we are extremely happy for that.’’
He said that at the last meeting in South Africa, the government of China made available a total of 60 billion dollars to Africa and a number of countries, including Nigeria.
The minister said that he would want to key in and see how much of that could be used to assist in the various projects that the country already had.
Onyeama explained that President Muhammadu Buhari was in China in 2016 and had a discussion with Chinese government on various cooperations.
”Chinese government has been showing a lot of cooperations with us in this area, especially in the area of transportation,” he said.
TheTide source reports that the Minister of Transportion, Mr Rotimi Amaechi also attended the meeting.

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Kenyan Runners Dominate Berlin Marathons

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5 days ago

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September 22, 2025

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Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

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NIS Ends Decentralised Passport Production After 62 Years

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5 days ago

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September 22, 2025

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The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
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FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

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5 days ago

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September 22, 2025

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The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
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