Headlines
Buhari govt ready to tackle inflation, food security – Osinbajo

Vice President Yemi Osinbajo has disclosed that the President Muhammadu Buhari-led Federal Government is disposed towards tackling the current ttinflation and other food security challenges in the country.
Mr Osinbajo made the disclosure on Tuesday while speaking virtually at the preparatory meeting of the United Nations Food Systems Summit 2021.
According to ThisDay, Mr Osinbajo stressed the government’s commitment towards addressing the factors of food insecurity such as food inflation, changing consumption patterns and climate change, among others.
He said: “At the same time, and as an outcome of 40 different food system dialogues in which up to 5,000 people participated, Nigeria is prioritising investments in specific innovations and technologies to scale up and transform food systems.
“These actions complement existing development plans and sectoral strategies such as our Economic Recovery and Growth Plan (ERGP), the National Policy on Food and Nutrition, and the National Policy on Food Safety.”
He emphasised that transforming African food system is an obvious task requiring the active mobilisation and prioritisation of both public and private investments.
This, the vice-president said, explained the resolve of the federal government in complementing existing development plans, sectoral strategies, and prioritising investments in specific innovations and technologies to transform food systems in the country.
Mr Osinbajo noted that the specific aim of the recently launched National Poverty Reduction with Growth Strategy was to address hunger, malnutrition and poverty as part of the present administration’s target of lifting 100 million Nigerians out of poverty within a decade.
He explained that at the heart of Nigeria’s post-COVID-19 response is the Economic Sustainability Plan, adding that the plan has a major component, which is the Agriculture for Food and Jobs Programme, AFJP, which seeks to leverage on suitable technologies to build a resilient food system for Nigeria.
The vice-president said: “Our nutrition policy addresses the issues of sustainable and nutrition-sensitive food systems, and the country has prioritised key nutrition actions that are impactful, cost-effective, scalable and sustainable.
“An integral part of our food systems’ transformation strategy is to create an enabling and supportive environment to implement these policies in a participatory manner involving farmers, investors and state governments.”
He assured Nigerians of significant improvements in crop yields, affordable and healthy diets among others.
Making a case for initiatives that support Africa and other developing countries, Osinbajo cited Nigeria and several other African countries as examples of nations whose population growth exceeds growth in national income and food supply, and would not meet the needs of the people, especially when distribution systems are inequitable.
The VP said: “Post-harvest losses in Africa, and particularly in Nigeria, are more than 20 percent of production for several food groups. And this is due mainly to poor storage, poor rural infrastructure and non-automation of food processing among other things.
“The situation in many African countries is being given increased urgency with the impact of the COVID-19 pandemic, which has led to growing levels of acute food insecurity. This is of great concern to all of us, especially if we recall that prior to the pandemic, the prevalence of severe food insecurity was as high as 22 percent.”
The pre-summit is a prelude to the culminating global event scheduled for Rome in Italy in September 2021, an event the vice-president described as crucial just as the previous dialogues held in several countries on food systems.
Earlier in her remarks, the United Nations Deputy Secretary-General, Amina Mohammed, while acknowledging the food security efforts of Nigeria, said: “Let me commend the effort of my home country, Nigeria, especially the vice-president, for leading six ministers, including the Minister of Finance, in the dialogues and other efforts aimed at building sustainable food systems in the country.
“Food unites us all as families, as communities, as cultures and as humanity; now let’s use it to unite around the urgency and the actions that are needed to transform our world by 2030.”
She added that the summit is designed to guide national governments and other stakeholders looking to leverage their food systems to support the SDGs, noting that food systems play a central role in building a fairer and more sustainable world.
Headlines
China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).
The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.
Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.
The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.
Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.
Headlines
Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.
Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.
“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”
He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.
Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.
In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”
He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.
Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.
Headlines
Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.
Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.
“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”
The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.
Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.
“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.
The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.
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