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Showing posts from November, 2026

FG Seals US$30m Deal With China On Development Projects

BY CHIKA OKEKE, Abuja Sen Abubakar Bagudu The Federal Government has sealed a US$30 million grant deal with China to support development projects and strengthen bilateral relations between the two countries.   Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, who stated this at the signing of the agreement in Abuja, said that it formed part of broader engagements under the Nigeria-China comprehensive strategic partnership. He appreciated the Chinese government for its continued support to Nigeria, describing the agreement as evidence of strong bilateral relations and shared development objectives. Acknowledging an earlier US$1million Chinese grant targeted at strengthening Nigeria’s capacity in technology and knowledge development, he pointed out that the Federal Ministry of Budget and Economic Planning and the Nigeria-China strategic partnership office were identifying development projects proposed by states. Bagudu noted that the government must ens...

Customs Aligns With US To Bolster Trade, Investor Confidence

BY CHIKA OKEKE, Abuja The Nigeria Customs Service (NCS) has aligned with the US Chamber of Commerce, US-Africa Business Centre (USAfBC), and American Business Council (ABC) to bolster trade and investor confidence. This played out during a quarterly meeting between the NCS and US organisations at the NCS Headquarters' ICT Auditorium in Abuja. Comptroller General of Customs (CGC), Adewale Adeniyi stated that the visit will strengthen collaboration and economic cooperation between Nigeria and the United States. He reaffirmed the NCS’s commitment to institutional reforms, operational efficiency, digital transformation, and enhanced stakeholder engagement. Adeniyi pointed out that NCS’s objective is to build a modern, transparent, and responsive Customs administration that facilitates trade while ensuring effective revenue collection, border security, and compliance with applicable rules and regulations. The visit offers an opportunity to exchange perspectives, address emer...