Headlines
NIOB says 31st Builders’ conference will address building collapse

The Nigerian Institute of Building (NIOB) on Friday said its 2022 Lagos Builders’ conference targets the elimination of building collapse in the state by bringing together the complete circle of construction stakeholders.
The Chairman of the Planning Committee of the 2022 Builders’ Conference, Mr Philip Olusesanayo, disclosed this at a pre-event press briefing in Lagos organised by the Lagos Chapter, NIOB to announce the programme.
Olusesanayo said a recent media report revealed that 84 Lagos residents lost their lives to the menace within two years, hence the need to urgently arrest the situation.
He said population influx brought a boost in the real estate sector, and instead of reaping blessings, it had brought challenges because of gaps in construction and real estate transactions, which the conference would address.
The committee chairman said the 31st Lagos Builders’ Conference and Annual General Meeting coming up on Oct.19 and Oct. 20 at Lekki would address all the gaps.
He said the conference, themed, “The Shifting Landscape – Redefining the Real Estate Industry” would have in attendance all the seven built environment professional bodies, manufacturers, regulators, ministries and agencies of government.
Others include developers, suppliers, research institutions, top government officials, regulatory bodies, royal fathers, investors and financiers, and mortgage bankers, among others.
He said Gov. Babajide Sanwo-Olu would be a special guest while his Special Adviser on Housing, Chief Toke Benson-Awoyinka would deliver the Keynote.
Olusesanayo, who is the Treasurer of the NIOB, reeled out problems causing collapse and housing deficit which would be addressed.
He commended the efforts of the Lagos State Government to forestall incessant building collapse but added that the government could not do it alone without the private sector and professionals.
The committee chairman said stakeholders would be able to interact to remove misconceptions and misunderstandings between the relevant regulatory agencies, financiers and other industry players in the building sector.
He said that the conference would also showcase reputable Real Estate companies and Developers, Building Materials companies, vendors and suppliers and new technologies.
Earlier, the Chairman of the Lagos Chapter of NIOB, Mr Lucky Isename, said the institute would continue in its advocacy drive for the entrenchment of right values in the building sector.
Isename, while commending the efforts of the Lagos State Government, said if the right steps were not taken from the start, things must go wrong no matter the extent of regulations.
NIOB says 31st Builders’ conference will address building collapse
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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