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Nigeria’s Tinubu Shares Vision for Global Peace, at FOCAC

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Nigeria’s President Bola Tinubu on Thursday in Beijing, China, emphasized the importance of global collaboration in achieving shared progress and prosperity.

Speaking at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) at the Great Hall of the People in Beijing, President Tinubu highlighted the success of the China-Africa partnership as a model for sustainable development and shared prosperity.

He noted that the partnership is driven by a bold vision for the future and that by working together, Africa and China can unlock unprecedented levels of growth and development for their nations.

The President said cooperation is key to solving global challenges and that the China-Africa partnership is built on trust, mutual respect, and the pursuit of common goals.

President Tinubu called for the sustenance of the momentum of cooperation and emphasized the need for peaceful dialogue, transparent business practices, and diplomatic conflict resolution in deepening the bond between Africa and China.

He expressed optimism that the partnership will continue to benefit both regions as it is driven by a bold collective vision for the future.

“The success of FOCAC and our broader partnership emphasizes the important truth that global progress is not a zero-sum game.

By working together and joining hands and looking for win-win solutions, we create opportunities for sustainable development and shared prosperity.

Our joint efforts reinforce a vision for a multi-polar world where diverse perspectives are embraced, and where cooperation is key to solving global challenges.

“At the heart of China-Africa relations is a foundation built on trust, mutual respect, and the pursuit of common goals. As we look to the future, it is crucial that we maintain the momentum.

Peaceful dialogue, transparent business practices, and diplomatic conflict resolution remain at the forefront of our efforts.

“These values will ensure that the bond between Africa and China continues to deepen and benefit both regions for the generations yet to come.

Our joint efforts reinforce a vision for a multi-polar world where diverse perspectives are embraced, and where cooperation is key to solving global challenges.

The partnership is not only about shared history. It is driven by a bold collective vision for the future.

“Together, we join hands by pulling our strength and resources together. We can unlock an unprecedented level of growth and development for our nations,” the President said.

President Tinubu congratulated earlier speakers, particularly the co-chair of FOCAC, President Bassirou Diomaye Faye of Senegal, for their contributions to the partnership.

The President highlighted the defining moments of the partnership, including China’s consistent commitment to Africa through financial and developmental support, cultural exchanges, and the establishment of FOCAC in 2000.

He said the partnership has stood firm despite global challenges, offering a powerful example of what can be achieved through respect for sovereignty and non-interference in the internal politics of other nations.

The President also highlighted the flourishing economic partnership between Africa and China, with trade reaching an estimated $280 billion, and expressed optimism about the alignment of China’s Belt and Road Initiative with Africa’s infrastructure goals.

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Senate confirms Oyedele as minister

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

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The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.

His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.

Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.

His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.

Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.

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Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

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PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)

The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.

This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.

The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.

In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.

He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.

He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.

He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.

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JUST IN: IGP Disu Assigns Portfolios to New DIGs

DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

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The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.

Sources said that the DIGs were assigned departments based on their areas of competence.

DIG Zachariah Fera Achinyan has been deployed to Legal Services,

DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);

DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.

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