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Tinubu Urges Global Collaboration for Shared Prosperity at China-Africa Summit, Welcomes Xi Jinping’s $50bn Financial Support

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President Bola Tinubu has underscored the critical role of global collaboration in achieving shared progress and prosperity, emphasizing the success of the China-Africa partnership as a model for sustainable development. Speaking at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, China, President Tinubu highlighted the partnership’s achievements and called for continued cooperation to unlock unprecedented levels of growth.

In his address at the Great Hall of the People, Tinubu hailed the China-Africa relationship, emphasizing that the partnership has been driven by a bold vision for the future. He noted that through mutual collaboration, both regions have made significant strides toward sustainable development and shared prosperity.

“The success of FOCAC and our broader partnership underscores a fundamental truth: global progress is not a zero-sum game. By working together and pursuing win-win solutions, we create pathways for sustainable development. Our partnership reinforces a vision of a multi-polar world where diverse perspectives are embraced, and cooperation is key to solving global challenges,” Tinubu stated.

He further stressed that the China-Africa partnership is grounded in trust, mutual respect, and the pursuit of common goals. He urged both regions to maintain the momentum of their collaboration, particularly in promoting peaceful dialogue, transparent business practices, and diplomatic conflict resolution.

“These values will ensure that the bond between Africa and China continues to deepen for the benefit of future generations. This partnership is not just about shared history but is propelled by a bold collective vision for the future. Together, by pooling our strengths and resources, we can unlock an unprecedented level of growth and development,” Tinubu added.

The Nigerian president’s call for sustained cooperation resonated with earlier speakers, including Senegalese President Bassirou Diomaye Faye, the co-chair of FOCAC, who highlighted China’s longstanding commitment to Africa through financial support, cultural exchange, and developmental aid.

Since the establishment of FOCAC in 2000, the partnership has weathered various global challenges, demonstrating the strength of mutual respect for sovereignty and non-interference in internal affairs. Tinubu praised China’s consistent role in Africa’s growth and emphasized that the partnership offers a powerful example of what can be achieved through collaboration.

He also noted the growing economic ties between the two regions, pointing out that trade between Africa and China has reached an impressive $280 billion annually. Tinubu expressed optimism about the alignment of China’s Belt and Road Initiative with Africa’s infrastructure development goals, which he believes will further accelerate growth on the continent.

During the summit, Chinese President Xi Jinping reinforced China’s commitment to the China-Africa partnership by announcing $50 billion in financial support, in addition to military aid. Xi pledged another $280 million in financial assistance to African nations and outlined 10 key actions to be implemented over the next three years. These actions cover areas such as trade, health, industrial cooperation, agriculture, green economic development, and common security.

“To implement these 10 partnership actions, the Chinese government will provide RMB 360 billion yuan of financial support over the next three years,” Xi announced. This package includes RMB 210 billion in credit lines, RMB 80 billion in various forms of assistance, and at least RMB 70 billion in investments by Chinese companies in Africa.

Xi Jinping’s proposals also include issuing panda bonds, a financial tool to enhance economic cooperation, and a commitment to elevate China-Africa relations to a new strategic level. He proposed characterizing their bilateral ties as an “all-weather China-Africa community with a shared future for the new era.”

“Thanks to nearly 70 years of tireless efforts from both sides, the China-Africa relationship is now at its best in history. With its future growth in mind, I propose that bilateral relations between China and all African countries be elevated to the level of strategic relations,” Xi Jinping stated.

The summit is viewed as a defining moment for China-Africa relations, with both leaders expressing optimism for continued collaboration. For Africa, the additional financial support and strategic cooperation with China represent a significant opportunity to tackle pressing challenges, including infrastructure deficits, poverty reduction, and industrialization.

Tinubu closed his address by reiterating Nigeria’s commitment to the partnership and urging global leaders to take a similar approach toward collaboration. He emphasized that the spirit of cooperation exemplified by the China-Africa relationship should serve as a model for addressing the world’s most pressing challenges.

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Abuja Reports

Atoyebi Adewumi Wins 4th National Essay Competition, Beats 2,000 Contestants

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By Samson Adeyanju

Atoyebi Adewumi has emerged winner of the fourth edition of the National Essay Competition, beating more than 2,000 contestants in an intellectual contest aimed at promoting academic excellence, critical thinking and creative writing among young Nigerians.

The competition, which focused on the relevance of taxation to national development, challenged participants to examine the role of tax revenue in financing public services, stimulating economic growth and strengthening the relationship between government and citizens.

The initiative provided a platform for young Nigerians to demonstrate their writing skills, articulate informed perspectives on national issues and contribute ideas towards building a more responsible and progressive society.

Speaking after being declared winner, an elated Adewumi expressed gratitude to the convener, Foluso Sylvanus Ojo, and the organising team for providing young Nigerians with an opportunity to showcase their intellectual abilities.

“I am so glad, very, very glad, to have this privilege of emerging as the winner. I am grateful to the convener and the entire team, as well as everyone who supported this vision,” Adewumi said.

In his remarks, Ojo expressed concern over the tendency to criticise the attitudes and lifestyles of younger generations without providing adequate opportunities to nurture their talents and channel their energies towards productive pursuits.

He called on the government, corporate organisations and nongovernmental organisations to invest more in educational initiatives that promote intellectual excellence, creativity and responsible citizenship.

According to him, sustained investment in academic competitions and youth development programmes would encourage discipline, innovation and a stronger commitment to national development.

Drawing a comparison with the substantial cash prizes awarded in some reality television competitions in Nigeria, Ojo argued that students and intellectually gifted young Nigerians deserved greater recognition, financial support and encouragement.

“I believe the government should support initiatives like this because individuals need supportive hands, especially from the government. When they receive such support, they become more confident and motivated to continue their good work,” he said.

Ojo maintained that society could not continue to complain about the attitudes and lifestyles of young people without deliberately investing in programmes that encourage positive values and productive engagement.

The fourth edition of the competition also underscored the importance of tax awareness among young Nigerians, highlighting how effective taxation, transparency and accountable governance could contribute to improved infrastructure, education, healthcare and other essential public services.

Beyond celebrating the winner, the competition reinforced the need to identify, encourage and empower emerging intellectual talents capable of contributing meaningfully to Nigeria’s development.

Winner of the 5,000,000 naira

Winner of 3,000,000 naira

Winner of 2,000,000

All the participants 

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Abuja Reports

20 Finalists Begin Final Stage of National Essay Competition

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By Samson Adeyanju

Twenty finalists from across Nigeria have begun the final stage of the fourth edition of the National Essay Competition in Abuja, following an orientation session designed to prepare them for the decisive examination.

The finalists arrived in the Federal Capital Territory for a four-day, all-expenses-paid programme featuring the essay examination, institutional tours and opportunities for learning and networking.

The competition, the brainchild of Mr Foluso Ojo, is sponsored by the Nigeria Revenue Service (NRS).

Ahead of the examination, the finalists participated in an orientation session led by Professor Omotosho Borisade of Ekiti State University, who serves as the competition’s umpire.

The session familiarised participants with the competition’s rules and regulations, examination guidelines and assessment criteria, helping them understand the requirements of the final stage.

The essay examination is scheduled to begin today at 9 a.m., after which the finalists are expected to embark on institutional tours around Abuja.

The programme is designed to extend beyond the contest itself, exposing the finalists to new learning opportunities, professional connections and experiences in the nation’s capital.

The competition brings together young Nigerians to demonstrate their writing ability, knowledge, creativity and critical-thinking skills as they compete for the top honours.

With the finalists prepared for the examination, attention now turns to their performance and the eventual emergence of the competition’s champion.

 

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Pastor Ogundipe Decries Lack of Integrity Among Educated Nigerians

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By Samson Adeyanju

Pastor Alex Ogundipe, Chairman of the Governing Board of Christian Heritage International Bible College, Kubwa, Abuja, has expressed concern over the growing number of educated Nigerians who lack the character and integrity required to make meaningful contributions to society.

Ogundipe raised the concern during the matriculation ceremony of the institution’s 60 pioneer students, stressing that academic qualifications without moral discipline and upright character could undermine national development.

According to him, Nigeria has many knowledgeable and academically accomplished individuals whose inability to demonstrate integrity has negatively affected their contributions to their families, workplaces and communities.

“We have too many people in this country who are knowledgeable and wise in their own ways, but they do not have character and integrity. That affects their ability to impact their communities,” he said.

The cleric emphasised that education must go beyond the acquisition of certificates to the development of individuals who demonstrate honesty, accountability, faithfulness and commitment to serving humanity.

He explained that true integrity required consistency in personal conduct, whether at home, in the church, at work or within the larger society.

Ogundipe said the college was established not merely to impart biblical knowledge but to raise men and women whose lifestyles reflect Christian values and whose contributions would positively influence society.

He urged Christian leaders to demonstrate their faith through practical actions rather than mere religious declarations.

Speaking on Nigeria’s future, the cleric encouraged citizens to remain hopeful, pray for the country and contribute meaningfully to national peace, unity and development.

Earlier, the Rector of the institution, Pastor Samson Olukayode Aliyu, challenged the matriculating students to prioritise spiritual maturity and moral discipline alongside academic excellence.

Aliyu warned against examination malpractice, plagiarism, dishonesty and other forms of misconduct, stressing that academic certificates could demonstrate knowledge but could not substitute for good character.

“The Church does not only need gifted people; it needs godly people. We need leaders who will choose integrity over compromise, humility over pride, faithfulness over convenience and service over self-interest,” he declared.

He explained that the college offers six-month certificate programmes in theology and one-year diploma programmes in theology, leadership and prophetic studies.

One of the matriculating students, Akeem Omobolanle, who enrolled in the Diploma in Leadership programme, commended the institution’s approach to biblical education and expressed optimism that the training would strengthen his understanding of the Scriptures and prepare him for greater service in Christian ministry.

The ceremony marked the formal admission of the college’s pioneer students into its academic community.

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