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Chinese Chamber Refutes Denying Nigerians Access to Abuja Supermarket

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abuja-based Chinese Supermarket

By Modupe Gbadeyanka

The China General Chamber of Commerce in Nigeria has refuted claims that a supermarket located within the premises of the Royal Choice Estate, Airport Road, Abuja, prevented Nigerians from entering and patronising the facility.

In a statement on Monday, the Chinese Chamber said the action of the organisation may have been misinterpreted because it is committed to equality and inclusiveness.

“Our principles are to enhance friendship between the people of both countries and promote economic development,” a part of the statement said.

It clarified that the facility is not a supermarket as widely believed, noting that it is a structure comprising an office complex and residential apartments.

The Chamber emphasised that no individual was subjected to discrimination or denied access to the estate or supermarket to purchase groceries as widely believed, adding that the residential area of the estate has privately occupied residents who comply with security protocols in granting access to external visitors.

“The China Chamber of Commerce is one of several enterprises using the facility, and the supermarket in question is located in the residential area of the estate, which is unrelated to the China Chamber of Commerce in Nigeria,” the statement said.

Recall that on Sunday, a video emerged on social media showing Nigerians seeking to purchase groceries in the Chinese supermarket being denied access to the facility.

This sparked outrage and forced the Federal Competition and Consumer and Protection Commission (FCCPC) to seal off the supermarket yesterday.

Officials of the store have been summoned by the agency to a meeting on Wednesday.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Tinubu Not Missing in Action, Absence Remains Temporary—Presidency

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Tinubu address nation

By Modupe Gbadeyanka

The presidency has informed that Nigerians that the absence of President Bola Tinubu remains temporary and was not missing in action.

In a statement on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, it was disclosed Mr Tinubu should return to the country next week.

Some days ago, President Tinubu left the shores of the country for a “working visit” to France but later left the European nation for the United Kingdom at the weekend.

In the statement today, Mr Onanuga said his boss “remains fully engaged in Nigeria’s governance even though he is away in Europe.”

According to him, “His absence remains temporary and in line with the communicated timeframe of approximately two weeks.”

The spokesman said Mr Tinubu “has maintained constant communication with key government officials, overseeing critical national matters, including directives to security chiefs to address emerging threats in some parts of the country.”

“His return to Abuja and the resumption of duties at Aso Villa will follow the conclusion of the Easter holiday,” he declared.

“The President’s commitment to his duties remains unwavering, and his administration continues to function effectively under his leadership.

“We appreciate the public’s concern and assure all Nigerians that governance proceeds without interruption,” the statement noted.

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Dangote’s N16bn Food Programme Triggers Excitement in FCT, Kogi

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Dangote food FCT Abuja Kogi

By Modupe Gbadeyanka

Residents of the Federal Capital Territory (FCT) Abuja and Kogi State could not hide their joy recently over the distribution of some food items to them by the Aliko Dangote Foundation (ADF).

The N16 billion Annual National Food Intervention programme was launched last month by the organisation to support the poor and the vulnerable persons across Nigeria.

At the flag off on Tuesday in Abuja, the Senior Special Adviser to the President of Dangote Group, Ms Fatima Wali Abdurrahman, said 10,000 bags of 10kg rice were donated to the FCT for distribution to the beneficiaries.

According to her, the initiative is to support governments at all levels to cushion the effects of economic challenges in the country, noting that it started in 2024 when the company donated food worth N15 billion to all the 774 Local Government Areas in the country.

She described her boss, Mr Aliko Dangote, as someone who is passionate about giving back to society, especially the needy.

Also speaking at the event, the Minister of the FCT, Mr Nyesom Wike, who was represented by Ango Abdullahi Suleiman, said the government appreciates Mr Dangote’s gesture, saying the businessman has contributed enormously to the economic development of Nigeria, while promising to ensure that the food items reach the poor.

In Kogi State, the Commissioner for Humanitarian Affairs and Poverty Alleviation, Mrs Rabietu Okute, said 40,000 bags of 10kg rice have been received from the ADF and distributed to the poor and vulnerable persons in the state.

On the distribution process, she explained that it followed Governor Ahmed Usman Ododo’s directive, with a committee set up to ensure the food items reach vulnerable residents across the state.

Mrs Okute stated that the distribution was flagged off in the state on March 26, 2025.

“We shared the 40,000 bags of rice through the 21 Local Government Areas. The LGAs also shared the product to the 239 wards.

“Before this, a committee of 12 persons per Local Government was set up, and the state government moblized the committees. The products were distributed to vulnerable groups like the union of disabilities and the 23 orphanages in the state,” she said.

In his remarks, the General Manager for Community Affairs and Special Duties at Dangote Cement Plc, Mr Ademola Adeyemi, who supervised the distribution on behalf of ADF, said the food donation to Kogi would further boost the relationship between the company and the state.

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Afreximbank Disburses $50bn to Nigeria in 19 Years

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Afreximbank

By Adedapo Adesanya

The Africa Export-Import Bank (Afreximbank) disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years, the President of the Cairo-based lender, Mr Benedict Oramah, disclosed at the commissioning of the Afreximbank Africa Trade Centre (AATC) in Abuja.

At the event, he also reaffirmed the bank’s vision to dismantle trade barriers and promote African market integration.

“Over the last decade alone, total disbursements into Nigeria amounted to about 50 billion US dollars, spreading across vital sectors of energy, infrastructure, manufacturing, healthcare, transport and financial services.

“Our support to the Nigerian financial services industry, amounting to 19 billion US dollars in the last decade, has helped to deepen and expand the sector and elevated their impact on the local economy,” he stated.

The Afreximbank president, who hinted at the establishment of other AATCs in Harare, Kampala, Cairo, and Yaoundé, described the relationship between the bank and Nigeria as mutually beneficial.

“Over the last three decades, successive governments have accorded unflinching support to Afreximbank, responding most positively to capital calls, creating a congenial environment for its smooth operations while providing the Bank significant domestic policy support that helped to execute many of the development programmes in Nigeria.”

Mr Oramah pledged to expand the influence of the Africa Export-Import Bank across the Atlantic, with AATCs in the Caribbean, adding: “We must reshape our future.”

“We mark the standing up of an edifice that defiantly roars: that we must reshape our future; that we can no longer be hostages to a colonial legacy deeply rooted on ‘divide-and-conquer’ — a legacy that makes Africans regard their colonisers as masters and brothers and sisters, as enemies, and even aliens,” he said of the commissioning of the Abuja AATC.

The launch of the Abuja centre underscores Nigeria’s commitment to economic growth and development, positioning the country as a leader in shaping Africa’s economic future.
Representing President Bola Ahmed Tinubu at the launch, the Secretary to the Government of the Federation, Mr George Akume, underscored the centre’s role in driving economic diversification, job creation, and access to finance, particularly for SMEs and women-led businesses.
He emphasised the importance of the initiative in advancing Nigeria’s economic agenda, adding that as the African Trade Centre begins operations, Nigerians and Africans alike can look forward to a brighter economic future, driven by increased trade, investment, and regional collaboration.
The initiative is poised to play a pivotal role in driving economic diversification, job creation, and sustainable development, cementing Nigeria’s position as a leader in Africa’s economic landscape.
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