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Korea Seeks Deep Collaboration with Nigeria in Technology

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Nigeria Korea

By Adedapo Adesanya

The Republic of Korea has disclosed an interest in strengthening collaboration with the Nigerian government under the leadership of President Bola Tinubu in various areas, especially technology, to enhance and lead the fourth industrial revolution.

This was the core focus of an engagement with Mr Jang Sungmin, the Special Envoy of the President of the Republic of Korea, Mr Yoon Suk Yeol, in Abuja.

He stated that his country was interested in Nigeria “because it is the leader of Africa [and] has the biggest market, largest population, natural resources and biggest arable land.”

“Nigeria has all the criteria for economic power in Africa and Korea is a country that has all the technologies and development know-how and economic prosperity to lead the Fourth Industrial Revolution.

“Korea is already leading that industrial revolution. So, President Yeol feels that by combining forces, Korea and Nigeria’s cooperation will not only lead to prosperity and faster economic development for Nigeria but also prosperity for Africa.

“The composition of my delegation shows you that President Yeol is committed and willing to find better ways to cooperate with Nigeria.

“Specifically, we look towards a younger generation workforce and natural resources that Nigeria has, especially to enhance and lead the World’s Fourth Industrial Revolution.”

The envoy reiterated that Korea has the technologies, knowledge, skills and human resources for technological transfer, especially in the areas of agriculture, cyberspace, security, biotechnology, and oil refinery.

He said, “Korea looks forward to a future with Nigeria.”

He further explained that as Nigeria’s new leadership under Tinubu had opened up the county for business, Korea was interested in investing more in Nigeria.

Mr Sungmin explained that President Yoel’s comprehensive diplomacy and foreign policy is about a global capital state which lies on three pillars.

“It is to enhance cooperation, especially with countries who share our common values of Liberty, Peace and Prosperity. Those were the three pillars that underline the foundation of our foreign policy.

“We will like to share and extend our cooperation, especially with countries who share these common values.

“We believe that Nigeria, especially the new government of Tinubu and Vice President Kashim Shettima, is a government we can share these common values with to enhance new economy cooperation.

“Korea used to receive aid from other countries. That is how we became the 10th largest economy in the world.

“Now, we are using that position to give back to the international community. So, we look forward to cooperation with Nigeria in this sense,” he said.

Contributing, the Vice President of SK company in Korea, Mr Guillaume Barthe-Dejean, said the post-Korean war was characterised by fast development, which is a product of collaboration between public and private sectors.

He said the private sector in Korea, like SK, Samsung and others, has supported the Korean Government in developing economic policies, adding that the model allows Korea to become a powerhouse.

“Today, Korea is the 10th world largest economy, the fourth world largest exporter and the country which is leading the 4th Industrial Revolution.

“SK is happy to be in Nigeria. Bonnie Light Crude irrigate the world economy, and Nigeria has resources and fuel that could power the 4th Industrial Revolution.

“In the last five years, the world experienced a decline in the supply chain globally, and I think for this reason, Korean companies would be interested in partnering with countries in Africa to stabilise the supply chain,” Mr Barthe-Dejean said.

Those in the delegation included the Ambassador of the Republic of Korea to Nigeria, Mr KIM Young-chae; Deputy Secretary President Yeol for Future Policy, Mr YOO Chang-ho; and Barthe-Dejean Others were Chief Financial Officer of LG Electronics Nigeria Corporation, Mr KIM Inkyu; Economic Attaché, Korean Embassy in Nigeria, Mr Choi Jungwon; and Ms Park Hyesong of Korea International Development Agency.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Finance Ministry Directs Shippers, Airlines to Submit Manifests via Single Window Project

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NLNG Shipping Arm

By Adedapo Adesanya

The Ministry of Finance has directed all shipping companies and airlines operating in Nigeria to submit their manifests through the Single Window Project (SWP) as part of efforts to strengthen cargo tracking and transparency.

The submission of shipping manifests before the change of policy was handled exclusively by the Nigeria Customs Service (NCS) for onward cargo processing and port clearance.

However, following a memo from late last year signed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, all shipping firms and airlines were directed to integrate with the National Single Window platform to ensure seamless Manifests submission.

“I would like to bring to your attention that His Excellency, President Bola Ahmed Tinubu inaugurated the National Single Window (NSW) Project on the 16th of April 2024.

The NSW Project aims to streamline and automate import and export processes at Nigeria’s entry & exit ports, with the dual goals of enhancing trade facilitation and increasing government revenue.

“By integrating the operations of multiple government agencies involved in trade processes on one platform, the NSW platform will ensure faster clearance of goods and services, improve operational efficiencies at the imports and significantly reduce bureaucratic bottlenecks.

“Key components of the Single Window as defined by the World Trade Organisation (WTO) and World Customs Organisation (WCO) include: (a) a single-entry point i.e. traders, shipping lines, airlines and other stakeholders should submit all required import and export documentation through a single-entry point on a centralized digital platform, and (b) single submission i.e. all documentation should only be submitted once and data only entered once.

“As a result, the NSW Platform will be the single-entry point of submission for all Sea and Air Manifests. Therefore, all shipping lines and airlines are therefore directed to integrate with the NSW Platform to ensure seamless Manifests submission,” parts of the memo read.

The Comptroller-General of the NCS, the chairman of the Nigerian Revenue Service (NRS), the Managing Director of the Nigerian Ports Authority (NPA), the Managing Director of the Federal Airports Authority of Nigeria (FAAN) and the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) were copied in the memo.

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Dangote Drags ex-NMDPRA Boss Farouk Ahmed to EFCC

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Dangote and Farouk

By Aduragbemi Omiyale

The petition written against the immediate past chief executive of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, which was withdrawn from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has now been taken to the Economic and Financial Crimes Commission (EFCC).

The letter was written by the chairman of Dangote Industries Limited (DIL), Mr Aliko Dangote. It contained allegations of allegations of abuse of office and corrupt enrichment against Mr Ahmed.

The petition led to the resignation of the former NMDPRA chief from office last month.

It was gathered that Mr Dangote, through his legal representative, filed a formal corruption petition against him at the headquarters of the EFCC, with specific plea of prosecuting Mr Ahmed if found culpable.

The businessman said the withdrawal of the petition from the ICPC was a strategic move aimed at accelerating the prosecution process.

 In the petition signed by his lead counsel Mr O.J. Onoja (SAN), Mr Dangote noted that, “We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”

He further urged the anti-money laundering agency, under the leadership of Mr Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

“The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies,” he added.

Recall that on December 14, 2025, Mr Dangote raised concerns about Mr. Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means.

According to him, four of Mr Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.

Mr Dangote listed the schools attended by Mr. Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions. He estimated annual tuition, travel, and upkeep per child at $200,000, totaling approximately $5 million for their secondary education.

Additionally, he alleged that Mr Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.

“Nigerians deserve to know the source of these funds, especially when many parents in Mr Ahmed’s home state of Sokoto struggle to pay as little as N10,000 in school fees,” Mr Dangote stated.

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Chimamanda Ngozi Adichie Loses One of Twin Sons After Brief Illness

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Chimamanda Ngozi Adichie

By Adedapo Adesanya

Nigerian author, Ms Chimamanda Ngozi Adichie, and her husband, Dr Ivara Esege, have lost one of their twin sons, Nkanu Nnamdi.

According to a statement issued on Thursday by Ms Omawumi Ogbe, on behalf of the family, the 21-month-old baby passed away on Wednesday, January 7, 2026, after a brief illness.

The statement said the family is devastated by the loss, and requested that their privacy be respected during this difficult time.

“We’re deeply saddened to confirm the passing of one of Ms Chimamanda Ngozi Adichie and Dr Ivara Esege’s twin boys, Nkanu Nnamdi, who passed on Wednesday, 7th of January 2026, after a brief illness. He was 21 months old.

“The family is devastated by this profound loss, and we request that their privacy be respected during this incredibly difficult time.

“We ask for your grace and prayers as they mourn in private.

“No further statements will be made, and we thank the public and the media for respecting their need for seclusion during this period of immense grief,” the statement read.

Ms Adichie is known for works including Half of a Yellow Sun, Americanah and her 2012 Ted Talk and essay We Should All Be Feminists, which was sampled by Beyoncé on her 2013 song Flawless.

The 48 year old writer had her first child, a daughter, in 2016. In 2024, her twin boys were born using a surrogate.

In 2020, her 2006 novel Half of a Yellow Sun was voted the best book to have won the Women’s Prize for Fiction in its 25-year history.

Her latest book, Dream Count, was published in 2025.

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