General
Nigeria Committed to China Partnership—VP Shettima
By Adedapo Adesanya
The Vice President, Mr Kashim Shettima, has said Nigeria remains committed to collaborating with China and other African countries to ensure that the partnership’s objectives are achieved for the mutual benefit of both parties.
He stated this yesterday when he represented President Bola Tinubu at the BRICS Summit in Johannesburg at the China-Africa Leaders’ Roundtable Dialogue Meeting on the margins of the 15th BRICS Summit.
According to the Vice President, “Nigeria welcomes the new initiatives introduced by the Chinese authorities, which include supporting and promoting the modernization of Africa’s agriculture and agribusiness sectors; providing robust support for Africa to expedite regional integration and backing Africa’s industrialization and infrastructure expansion.”
Mr Shettima spoke to a large audience, including President Xi Jinping of China and some African leaders, on the theme Promoting African Integration and Jointly Building a High-Level Africa-China Community with a Shared Future at the Sandton Convention Centre.
He commended the existing partnership between China and Africa, particularly “the three newly identified initiatives and priority areas of cooperation between China and Africa in the areas of agriculture, industrialization, and human capacity development.”
He said these align with the Renewed Hope mantra of the President Tinubu-led administration, the African Union’s Agenda 2063, and the United Nations Sustainable Development Goals 2030”, adding that “they are relevant to our continental and national development aspirations.”
He further praised the commitment of China, stating that “Nigeria firmly endorses China and anticipates forging a close collaboration with the Chinese authorities, the African Union, and all stakeholders.”
The VP envisioned that this collective effort would elevate the Africa-China comprehensive strategic and cooperative partnership to unprecedented heights, driven by our mutual pursuit of economic prosperity.
While appraising the partnership further, the Vice President identified critical areas for the prevailing partnership between Africa and China, including “fostering synergy among the pertinent national institutions tasked with formulating, coordinating, and implementing national policies in the three priority areas of cooperation and encourage efforts that promote African ownership of these initiatives.
Other areas include “the new undertakings should be designed in a manner that acknowledges local particularities, is community-based, and tailors to individual country needs, “amplify international resources for financing education in Africa; Solicit input from pertinent African Union institutions and continental organizations such as the African Development Bank (ADB), the Alliance for a Green Revolution in Africa, and other related regional bodies.
The VP also stressed the importance of “financing Africa’s Infrastructure, with a focus on advancing key infrastructural components like farm-to-market corridors, farm-to-ports corridors, export transport corridors, railway networks, road network upgrades and expansions, airport enhancements, including dedicated export-oriented airports, power generation, transmission, and distribution.”
On Nigeria’s relationship with the Global South, the VP told his audience that Nigeria prioritises its relations with the Global South and deeply values all aspects of the South-South Cooperation, noting that the Global South is currently grappling with unparalleled challenges.
“We are compelled to devise solutions for climate change and establish security measures to contain and prevent transnational crime, terrorism, and cyberattacks. We are confronted with a significant rate of youth unemployment and disruptive natural disasters.
“This situation provides us with the chance to reassess the challenges we collectively face, as well as those confronting our partners”, he submitted.
On his part, the President of China and co-chair of the Dialogue, Mr Xi Jinping, pledged to African leaders who attended the meeting on the sidelines of the Summit that China would launch initiatives to support Africa’s industrialization and agricultural modernization.
By Modupe Gbadeyanka
The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management.
He clinched this award at The Industry Summit/Awards held on Friday, May 2, 2025, in Lagos, with several persons from across all sectors in attendance.
Mr Coker’s recognition further cements his growing reputation as one of Nigeria’s most dynamic and future-ready communications leaders, with his eyes firmly set on redefining the media management landscape.
The award jury, chaired by Mr Tolulope Ogunjobi, a renowned broadcast business correspondent and Business Editor at TVC News, said Mr Coker was bestowed with the honour because of his exceptional achievements in the public relations field during the year 2024.
The team said one of them was his masterful handling of UBA’s 2024 rights issue, which successfully closed on December 24, 2024, and the impactful execution of the bank’s 75th Anniversary Campaign, both of which were described as commendable and exceptional.
According to the jury, his management of UBA’s media ecosystem during the year under review was remarkable, with several media professionals praising his public relations craftsmanship and ability to skilfully manage the image of one of Africa’s most formidable financial brands.
“Abiodun Coker’s achievements in 2024 are a beacon for greater accomplishments ahead. He is undoubtedly one of the strategic communication experts to watch in 2025,” the jury noted.
A seasoned professional, Mr Coker’s journey from an acclaimed financial journalist at BusinessDay Newspapers to a powerhouse in corporate communications has been nothing short of inspiring.
With over eight years of robust journalism experience, coupled with leadership roles at top-tier public relations firms such as BD Consult Ltd and Quadrant, he has consistently demonstrated his ability to transform and manage leading brands successfully.
Organized by The Industry Newspaper, the leading brand marketing publication in West Africa, the prestigious awards recognize outstanding professionals shaping the future of brand marketing and communications across the region.
By Adedapo Adesanya
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated the federal government’s commitment to fostering a more enabling investment climate, anchored on macroeconomic stability, structural reform, and a clear pathway to inclusive prosperity.
He gave this assurance at a high-level private dinner, organized by Kuramo Capital Management Lagos as part of Africa Venture Capital Week.
The Minister lauded Kuramo Capital and its partners for their steadfast belief in Africa’s promise and highlighted the alignment between private capital and Nigeria’s renewed hope reform agenda.
According to a statement, participants recognized the vital role of blended finance and innovation in driving sustainable development.
The event brought together a distinguished group of global investors, development partners, and business leaders for a candid exchange on unlocking long-term capital for Africa’s growth and transformation.
It also marks Kuramo Capital’s first formal convening in Nigeria in several years, underscoring a renewed sense of commitment to deepening its strategic footprint across the continent.
Mr Edun said with this renewed commitment, the federal government is poised to unlock new opportunities for economic growth, investment, and inclusive prosperity.
He also called for more investment into the country, assuring participants that the right mechanisms are being put in place towards driving Nigeria’s development and improving the lives of its citizens.
By Adedapo Adesanya
The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians.
This was disclosed by the Deputy Chief of Staff to the President, Mr Ibrahim Hadejia, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI).
He said that “Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer.”
The meeting was held at the Presidential Villa, Abuja, on Wednesday.
The federal government established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.
The task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office, National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS).
The mandate of the taskforce goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.
The meeting also endorsed steps to work with state governments in localising data from the Enhancing Financial Innovation and Access in Nigeria (EFInA) Access to Financial Services survey – a biennial study conducted by the EFInA.
Mr Hadejia explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision and execution roadmap.
“We are off to a very good start. What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement,” he said.
On hsi part, the committee’s Secretary, Mr Nurudeen Zauro, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.
Mr Zauro, who is also the Technical Advisor to the President on Financial Inclusion, said ” an inter-agency committee has been established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.
“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum to ensure data is domesticated and acted upon at the subnational level.”
Also, Director-General of NIMC, Mrs Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.
“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.
The Director of Consumer Protection and Financial Inclusion at the CBN, Mrs Aisha Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid.
According to her, financial inclusion is one of the eight reform pillars of the President’s agenda.
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