News Agency of Nigeria
Experts decry global inequality, urge Nigeria to embrace China’s GGI

Experts decry global inequality, urge Nigeria to embrace China’s GGI

By Sarafina Christopher

Experts have decried the existing inequality in the contemporary global system, the impunity of major powers, and urged Nigeria to instead embrace China’s Global Governance Initiative (GGI) to foster inclusive development.

The international relations experts made the call during a one-day seminar on the GGI with the theme: “Opportunities for China-Africa Cooperation under the GGI,” on Thursday in Abuja.

The News Agency of Nigeria (NAN) reports that GGI is China’s framework designed to promote fairness, equity and inclusive development globally.

Mr Charles Onunaiju, Director of the Centre for China Studies, described the GGI as a timely response to “the obvious deficit in global governance,” particularly the exclusion of voices from the Global South in decision-making.

He warned that outcomes in the global system would remain “paralysed without the wisdom and input of the majority world.

“China has taken a bold step to bridge this lacuna with the Global Governance Initiative,” Onunaiju said.

“It is not just a slogan but an idea whose time has come. Nigeria must not stay on the sidelines.”

He also proposed the establishment of a Nigeria-China joint committee on the GGI to design action plans, exchange expertise, and strengthen cooperation.

Prof. Sheriff Ibrahim, Director of the Centre for Contemporary China-Africa Research, criticised global institutions for favouring “a handful of dominant powers at the expense of billions of others.”

He emphasised that exclusion begins at the UN Security Council, where only five nations hold permanent seats.

“There is a need to involve every continent, every region as a permanent member,” Ibrahim said.

“The impunity of powerful nations in breaching UN resolutions without consequence has eroded trust in international law. Reform is not optional, it is urgent.”

He also called for reforms in the International Monetary Fund and the G20 to reflect the realities of developing nations.

“What happens to Africa, the Pacific, Latin America or the Caribbean? Why is the Chinese yuan sidelined?

“Let there be inclusion in the international monetary establishment,” he added.

Dr Sam Amadi, Director of the Abuja School of Social and Political Thoughts, described China’s proposals as both “ambition and opportunity.”

“China seeks a fairer world order.

“Nigeria must position itself strategically to benefit from this shift,” Amadi said.

He added that Nigeria’s key lesson from China was the importance of adaptive reforms.

“China did not copy models blindly. Under Deng Xiaoping, it adapted reforms to its own reality.

“Nigeria must do the same industrialise, stabilise politically, and then leverage initiatives like the GGI.

“We cannot remain weak domestically and expect to benefit globally,” he stressed.

Dr Muhammad Sani of the Department of Mass Communication, Baze University, noted that the GGI speaks directly to Nigeria’s push for fairness and inclusive development.

“It levels the playing field for developing nations and restores justice in global decision-making,” he said.

According to him, Nigeria’s BRICS membership, peacekeeping record, and advocacy for UN reform already align with GGI principles.

“With GGI frameworks, Nigeria can diversify trade, expand renewable energy, and build digital innovation hubs.

“But rhetoric must give way to action. Priority should be renewable grids, green jobs and digital skills for youth,” Sani added.

Also speaking, Chinese Embassy Counselor, Dong Hairong, said the GGI was one of four initiatives proposed by President Xi Jinping to advance “a community with a shared future for mankind.”

Dong explained that the five guiding principles of the GGI: sovereign equality, rule of law, multilateralism, people-centred development and real action had already gained wide recognition.

“Nigeria particularly welcomes them as aligned with Africa’s Agenda 2063 and its own national development aspirations,” she said.

She reiterated China’s readiness to work with Nigeria and Africa to reform global institutions, address under-representation of the South, and promote consensus on climate, trade, cyberspace and innovation.

“China is ready to cooperate under the GGI to build a just global order,” Dong said.(NAN)(www.nannews.ng)

Edited by Mark Longyen

We’ve deployed experts to over 40 countries- DG NTAC

We’ve deployed experts to over 40 countries- DG NTAC

By Maureen Okon

Dr Yusuf Yakub, Director-General of the Nigerian Technical Aid Corps (NTAC), says the agency has deployed no fewer than 10,000 professionals to over 40 countries since its inception.

Yakub said this in Abuja on Tuesday during the deployment of 18 TAC volunteers to Liberia and Rwanda.

He said he was pleased to deploy doctors, teachers, and instructors to support Nigeria’s soft power diplomacy under the leadership of President Bola Tinubu.

Yakub thanked the volunteers for accepting the national call, stressing that the mission aligned with the president’s 4-D foreign policy thrust; Democracy, Development, Demography, and Diaspora.

“I am delighted to deploy you this morning to Rwanda and Liberia to serve as ambassadors of our country.

“All of this is made possible through the 4-D foreign policy of President Tinubu, which has revived and repositioned the Technical Aid Corps for greater global impact,” he added.

He noted that Tinubu’s foreign policy direction had enabled NTAC to carry out deployments as often as three times a month, boosting Nigeria’s global presence and diplomatic ties.

 “President Tinubu’s passion for soft power diplomacy has made Nigeria a bride to many nations globally. He believes in using knowledge and skills to strengthen regional cooperation,” he said.

Yakub expressed gratitude to the President for backing NTAC, which now served as a tool for projecting Nigeria’s values in Africa, the Caribbean, and the Pacific (ACP) countries.

“NTAC is the key instrument of soft power diplomacy, enabling us to share our human capital through technical aid with fellow black nations in the ACP regions,” Yakub stated.

He emphasised that Nigeria, blessed with rich human resources, should export expertise to sister countries, rather than seeking foreign assistance for what it already possessed.

According to him, the deployments are designed to help bridge both educational and professional gaps in these nations, promoting south-south cooperation and development.

Earlier, Amb. Zakari Usman, Director of Programmes at NTAC, hailed the D-G’s commitment to putting Nigeria on the global stage through consistent deployment of volunteers.

He also commended Tinubu for intensifying the deployment initiative and urged the volunteers to represent Nigeria honourably in their host countries.

Prof. Solomon Ogbu, Team Lead of the volunteers and a professor of International Relations, applauded the President’s sustained support for the soft power initiative.

He thanked the D-G for the rare opportunity to serve Nigeria abroad, pledging that the team would raise the national flag high and make the country proud. (NAN)(www.nannews.ng)

Edited by Abiemwense Moru

Renal failure: Yobe Govt deploys experts to affected communities

Renal failure: Yobe Govt deploys experts to affected communities

 

By Ahmed Abba

The Yobe Government has deployed 50 health experts to investigate the causes of the alarming cases of kidney failure in some parts of the state.

Dr Mahmud Maina, the Director of the Biomedical Science Research and Training Centre in the Yobe University made this known in Gashua in Bade Local Government Area of the state.

”We are here in Bade Emirate to begin a kidney research project funded by Gov. Mai Mala Buni.

“The aim of the research is to understand the risk and causative factors contributing to the high number of deaths related to kidney disease, particularly within this emirate,” he said,

He said that the team comprises of 50 experts, including neurology consultants, lab scientists, nephrologists, geologists, chemists, echo toxicologists and collaborators from the UK, U.S. and Ghana.

“The team will conduct interviews with 2,000 people in Bade and Damaturu Local Government Areas to determine whether the causes are environmental, lifestyle-related, or genetic,” he added.

In his remarks, Dr Babagoni Waru, the Chief Medical Director of the  Yobe State University Teaching Hospital, expressed confidence in the team’s ability to identify the underlying causes of the problem.

He urged the team to be diligent in uncovering the common factors contributing to the public health challenge, and effective implementation of preventive measures.

Also speaking, Alhaji Ibrahim Babagana, the Chairman of Bade Local Government Area, assured the team of the council’s support.

The chairman decried the loss of six family members to kidney disease recently.

He pledged the commitment of the council, the emirate, and the entire community to the success of the research project.

NAN reports that on June 4, 2024 the state government said it sponsored over 50,000 free dialysis for patients suffering from renal diseases in the last five years. (NAN) (www.nannews.ng)

Edited by Nabilu Balarabe/Sadiya Hamza

Experts laud FG’s financial inclusion drive as catalyst for digital transformation

Experts laud FG’s financial inclusion drive as catalyst for digital transformation

By Ibukun Emiola, News Agency of Nigeria

 

A petty trader, Mrs Mary Okunrinnla, in September 2024, downloaded one of the Fintech apps for the first time to enhance her business transaction.

 

 

 

 

Prior to being financially included in the banking system, Aunty Mary, as she’s fondly called in her shop, directs customers to use Point on Sales (PoS) Agents or bring cash whenever they patronise her.

 

 

 

 

“The stress of getting my money from other people whom my customers paid to has gone. Sometimes, some people I use their accounts to collect my money wouldn’t even give me on time.

 

 

 

 

“But now I have my income safely kept in my account and I can withdraw it any time. I don’t need to wait for a third party to operate my business.” Okunrinnla said.

 

 

 

 

This is one of many Nigerians ripping benefits from the Nigerian Financial Inclusion Strategy (NFIS) drive of the Federal Government.

 

 

 

 

According to reports Fintech has contributed significantly to reducing the numbers of unbanked people in Nigeria.

 

 

 

 

A Financial Consultant, Mr Tunji Adepeju, said the government and the relevant agencies have been doing quite well in making sure that people, even in the rural areas particularly, have access to banking or financial services.

 

 

 

 

“At least one will remember, even when we talk about community banks of those days.

 

 

 

 

“Now, we have these other banks that are located virtually in every segment of the country.

 

 

 

 

“We also have NIRSAL, that is the one sponsored by the central bank, with the co-operation of the NIPOST, that is they are using the offices of NIPOST in all rural communities to render financial services to people around there,” Adepeju said.

 

 

 

 

According to him, the most recent introduction in the ongoing efforts to reduce financially excluded people is the USSD which allows anyone with feature phones to transfer and receive money.

 

 

 

 

USSD stands for Unstructured Supplementary Service Data. This is a protocol that allows a phone to communicate with a mobile network operator’s computer in real-time.

 

 

 

 

USSD is often used for banking, education, and other interactive services.

 

 

 

 

According to reports, in 2023, 74 per cent of Nigerians are financially included, while 26 per cent are still financially excluded.

 

 

 

 

This is an improvement from the year 2020, when 67 per cent of Nigerians were financially included.

 

 

 

 

In the first half of 2024, Nigerians sent N2.19 trillion using USSD codes, a significant improvement from what it was in 2022, whereby Nigerians processed 515 million USSD transactions.

 

 

 

 

Adepeju said virtually everybody that has a phone can make transfers, check their account balances through their phones without even visiting any banking premises.

 

 

 

 

“Incentives to farmers during the time of Dr Akinwumi Adesina as Minister of Agriculture before he moved to African Development Bank, farmers got fertilisers and other inputs through the use of phones and short codes like the USSD,” he said.

 

 

 

 

He, however, noted that financial services providers and deposit money banks in particular as well as other financial institutions has to improve their services to Nigerians.

 

 

 

 

Adepeju said especially in the areas of excellent and quality services and experience.

 

 

 

 

He also stressed the need for Nigerians who may still be unbanked to embrace change.

 

 

 

 

Also, another Financial expert, Mr Sola Famakinwa said financial inclusion means individuals and businesses have access to financial products and services that meet their needs.

 

 

 

 

According to him, financial inclusion is an enabler towards achieving sustainable development goals and to reduce extreme poverty as well as digital transformation of Nigeria.

 

 

 

 

Famakinwa said the government needs to strengthen its monetary policy so as to increase the number of people and businesses that participate in a formal digital financial services.

 

 

 

 

He lauded the NFIS goal set at reducing financial exclusion by 25 per cent, urging the government to work on the interest rates and other policies.

 

 

 

 

Another expert, a Treasury Accountant, Mrs Pelumi Ukot, said financial inclusion is the provision of financial services to all individuals and businesses, regardless of their income level, geographic location, or social status.

 

 

 

 

According to her, the aim is to ensure that everyone has access to basic digitised financial services, such as Savings accounts, Credit facilities, Payment systems, Insurance services and Investment opportunities.

 

 

 

 

Ukot said financial inclusion has been key to digital transformation and could help tackle poverty and inequality.

 

 

 

 

“Other benefits include the promotion of economic growth and development, increasing financial stability and security.

 

 

 

 

“It would enhance access to basic services, such as healthcare and education as well as birth creativity and innovations premised on digital transformation.

 

 

 

 

“This would help empower individuals and communities to participate in the economy and contribute significantly to technological development of Nigeria and help evenly distribute wealth in the economy,” Ukot said.

 

 

 

 

She, however, enjoined the government to ensure financial inclusion for all by putting in place policies and structures.

 

 

 

 

“Such policies and regulations that enhance financial inclusion and midwife digital transformation are low-cost banking services, favorable money mobile regulations, and grave penalties for defaulting banks and organisations.

 

 

 

 

“Another is infrastructure development and this is by heavy investment in digital infrastructure, such as payment systems, mobile networks, and internet connectivity, to expand financial services reach,” Ukot said.

 

 

 

 

According to her, financial education is key and there should be the launch of a nationwide financial literacy programme to educate citizens, especially the ones in the rural areas on the benefits and risks of financial services.

 

 

 

 

Ukot said incentives and subsidies could help to further strengthen the government’s efforts.

 

 

 

 

“Offer incentives, such as tax breaks, subsidies, or low-interest loans, to encourage financial institutions to serve everyone,” she said. (NAN)

 

“This report is produced under the DPI Africa Journalism Fellowship Programme of the Media Foundation for West Africa and Co-Develop.”

 

**If used, credit the writer and the News Agency of Nigeria (NAN).

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