General
China attaches great importance to Zambia’s debt issue – Official
China would continue to play a constructive role in the settlement of the Zambian debt issue, a spokesperson for the Chinese Foreign Ministry said Tuesday.
As a friendly country to Zambia, China always attaches great importance to Zambia’s concerns about the debt issue, spokesperson, Wang Wenbin, said.
The Zambian government on Monday refuted a Western media report that it did not support China’s call for the World Bank and other multilateral lenders to join Zambia’s debt restructuring process.
Zambian Minister of Finance and National Planning, Situmbeko Musokotwane, said this contrary to the Financial Times report.
According to the recent interview with him, the southern African nation is in no position to reject any proposals between China and the World Bank.
“The headline did not accurately reflect the minister’s comments or Zambia’s position,” he said in a statement China would continue to play a constructive role in the settlement of the Zambian debt issue, a spokesperson for the Chinese Foreign Ministry said Tuesday.
As a friendly country to Zambia, China always attaches great importance to Zambia’s concerns about the debt issue, spokesperson, Wang Wenbin, said.
The Zambian government on Monday refuted a Western media report that it did not support China’s call for the World Bank and other multilateral lenders to join Zambia’s debt restructuring process.
Zambian Minister of Finance and National Planning, Situmbeko Musokotwane, said this contrary to the Financial Times report.
According to the recent interview with him, the southern African nation is in no position to reject any proposals.
The Financial Times has corrected its misrepresentation in an updated version of the story.
In response to a related query, Wang Wenbin said China was the first international official creditor to implement debt relief for Zambia.
As a co-chairman of the Creditor Committee for Zambia, China has facilitated the success of three meetings.
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The Western commercial creditors and multilateral financial institutions, accounted for 70 per cent of Zambia’s foreign debt, according to data released by Zambia’s finance ministry.
Wang stressed that their responsibility should take stronger action to ease Zambia’s debt burden.
“We believe that the Zambian government and people are well aware of China’s positive contribution to promoting Zambia’s national construction and sustainable development, as well as the settlement of the Zambian debt issue,” the spokesperson said.
He added that the urgent clarification issued by Zambia’s Ministry of Finance and National Planning highlighted the unbreakable mutual trust and friendship between China and Zambia.
Wang said some media organzations with ulterior motives tended to interpret out of context and provoke dissension between China and Zambia, as well as between China and Africa.
“This can neither withstand the scrutiny of facts nor help solve problems.
Zambia and the international community can see this very clearly.
“We believe that Zambia’s debt restructuring requires mutual understanding, mutual trust and joint efforts by all stakeholders to find the best solution,” Wang said.
He added that China would continue to maintain close communication and friendly consultations with Zambia and relevant parties. (NAN)
Africa
Customs hands over illicit drugs worth N117.59m to NDLEA
The Nigeria Customs Service (NCS), Ogun Area 1 Command, has handed over illicit drugs worth N117.59 million to the National Drug Law Enforcement Agency (NDLEA).
The Comptroller of the command, Mr James Ojo, disclosed this during the handing over of the drugs to Mr Olusegun Adeyeye, the Commander of NDLEA, Idiroko Special Area Command, in Abeokuta, Ogun, on Friday.
Ojo said the customs handed over the seized cannabis and tramadol tablets to the Idiroko Special Command for further investigation in line with the standard operating procedures and inter-agency collaboration.
He said the illicit drugs were seized in various strategic locations between January and November 21, 2024, in Ogun State.
He added that the illicit drugs were abandoned at various locations, including the Abeokuta axis, the Agbawo/Igankoto area of Yewa North Local Government Area, and Imeko Afton axis.
Ojo said that the seizure of the cannabis sativa and tramaling tablets, another brand of tramadol, was made possible through credible intelligence and strategic operations of the customs personnel.
“The successful interception of these dangerous substances would not have been possible without the robust collaboration and support from our intelligence units, local informants and sister agencies.
“These landmark operations are testament to the unwavering dedication of the NCS to safeguard the health and well-being of our citizens and uphold the rule of law,” he said.
He said the seizures comprised 403 sacks and 6,504 parcels, weighing 7,217.7 kg and 362 packs of tramaling tablets of 225mg each, with a total Duty Paid Value of N117,587,405,00.
He described the height of illicit drugs smuggling in the recent time as worrisome.
This, he said, underscores the severity of drug trafficking within the borders.
“Between Oct. 13 and Nov. 12 alone, operatives intercepted a total of 1,373 parcels of cannabis sativa, weighing 1,337kg and 362 packs of tramaling tablets of 225mg each,” he said.
Ojo said the seizures had disrupted the supply chain of illicit drugs, thereby mitigating the risks those substances posed to the youth, families and communities.
He lauded the synergy between its command, security agencies and other stakeholders that led to the remarkable achievements.
Ojo also commended the Comptroller General of NCS for creating an enabling environment for the command to achieve the success.
Responding, Adeyeye, applauded the customs for achieving the feat.
Adeyeye pledged to continue to collaborate with the customs to fight against illicit trade and drug trafficking in the state.
Economy
Customs intercepts N30m worth of PMS in Operation Whirlwind
The Nigerian Customs Service (NCS) on Friday said that it had intercepted 849 kegs of Premium Motor Spirit (PMS), worth over N30 million in retail price from Operation Whirlwind.
The Comptroller of Customs, Hussein Ejibunu, made this known during a news conference in Ikeja.
“Today, we have another seizure of 849 kegs of PMS containing 25 litres each. This translates to 30,225 litres with duty paid value at N30.225 million only at the NNPCL retail price.
“Today marks yet another success recorded by the operatives of Operation Whirlwind, Zone “A” Lagos/Ogun Axis.
“About five weeks ago, same PMS products were displayed before you here on the parade ground of the college where several seizures were made,” Ejibunu said.
“On this note, we wish to thank the National Security Adviser and the Comptroller-General of Customs for their unwavering support,” Ejibunu said.
The coordinator of the Operation Whirlwind said that two vehicles of means of conveyance were intercepted along with the seizures.
Ejibunu said that they evacuated 80 Jerry Cans each from a vehicle.
He assured the public that Operation Whirlwind remains steadfast in its efforts to clamp down on PMS smugglers, ensuring no room for their illegal activities nationwide.
Africa
Ann-Kio Briggs Faults Tinubu for Scrapping Niger Delta Ministry
Prominent Niger Delta human rights activist and environmentalist, Ann-Kio Briggs, has criticised President Bola Tinubu’s decision to scrap the Ministry of Niger Delta, describing it as ill-advised and detrimental to the oil-rich region.
Briggs expressed her concerns during an appearance on Inside Sources with Laolu Akande, a socio-political programme aired on Channels Television.
“The Ministry of Niger Delta was created by the late (President Umaru) Yar’Adua. There was a reason for the creation. So, just removing it because the president was advised. I want to believe that he was advised because if he did it by himself, that would be terribly wrong,” she stated.
President Tinubu, in October, dissolved the Ministry of Niger Delta and replaced it with the Ministry of Regional Development, which is tasked with overseeing all regional development commissions, including the Niger Delta Development Commission (NDDC), North-West Development Commission, and North-East Development Commission.
Briggs questioned the rationale behind the restructuring, expressing concerns about its feasibility and implications. “But that’s not going to be the solution because who is going to fund the commissions? Is it the regions because it is called the Regional Development Ministry? Is it the states in the regions? What are the regions because we don’t work with regions right now; we are working with geopolitical zones,” she remarked.
She added, “Are we going back to regionalism? If we are, we have to discuss it. The president can’t decide on his own to restructure Nigeria. If we are restructuring Nigeria, the president alone can’t restructure Nigeria, he has to take my opinion and your opinion into consideration.”
Briggs also decried the longstanding neglect of the Niger Delta despite its significant contributions to Nigeria’s economy since 1958. “The Niger Delta has been developing Nigeria since 1958. We want to use our resources to develop our region; let regions use their resources to develop themselves,” she asserted.
Reflecting on the various bodies established to address the region’s development, Briggs lamented their failure to deliver meaningful progress. She highlighted the Niger Delta Basin Authority, the Oil Mineral Producing Areas Development Commission (OMPADEC), and the NDDC as examples of ineffective interventions.
“NDDC was created by Olusegun Obasanjo…There was OMPADEC before NDDC. OMPADEC was an agency. Before OMPADEC, there was the Basin Authority…These authorities were created to help us. Were we helped by those authorities? No, we were not,” she said.
Briggs further described the NDDC as an “ATM for failed politicians, disgruntled politicians, and politicians that have had their electoral wins taken away from them and given to somebody else.”
Her remarks underscore the deep-seated frustrations in the Niger Delta, where residents continue to advocate for greater control over their resources and improved governance.
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