THE Federal Government yesterday arraigned two Chinese and a Nigerian at the Federal High Court in Lagos for alleged importation of sub-standard tyres worth N5 billion.
The Attorney-General of the Federation (AGF) charged Taolung Shen (36) and Xu Jimg Yao (22) with four counts of importation of sub-standard tyres.
They were charged with Chinedu Madubuike and two companies – Sino Nigeria Import and Export Ltd and Nedeca International Limited.
The complainant – Federal Republic of Nigeria – accused them of conspiring to import tyres that did not meet relevant industrial standards.
The prosecution said they stuffed various tyres sizes into one, which makes them unfit for use.
The alleged offence is contrary to sections 320 (2)(b) and 518 (2) of the Criminal Code Act 2004.
It also violates Section 26(2)(b)(iii) of the Standards Organisation of Nigeria (SON) Act No. 14, 2015 Laws of the Federation of Nigeria 2004.
According to the AGF, the alleged offence was committed last month in Lagos.
The defendants were also accused of failing to furnish returns on the condition of the imported tyres as required by law, an offence contrary to and punishable under Section 32(1) of the SON Act.
Madubuike, who was listed as the fifth defendant, was arraigned in absentia.
His lawyer Mr. Napoleon Nwachukwu said his client was very sick.
The charges were interpreted to the Chinese by Mr. Fred Guichu Zhong of the Chinese High Commission.
The defendants pleaded not guilty.
Prosecution counsel Mr. Yusuff Lawan said he would call four witnesses to prove the case.
Defence counsel Victor Opara said he had two bail applications for his clients.
Moving the applications, he said the defendants would make themselves available for trial.
But Lawan urged the court to refuse the bail applications.
Madubuike’s lawyer, Napoleon Nwachukwu, said he had filed bail applications for his clients, which he said he served on the prosecution.
He added that medical reports were attached to show that the fifth defendant “is seriously sick currently.”
Nwachukwu urged the judge to grant his clients’ bail based on their presumption of innocence.
But Lawan said he needed time to reply to the bail applications and to verify the medical reports, which he said were issued by a private hospital.
Justice Olatoregun ordered that the defendants be remanded in the prison custody until their bail applications are determined.
Tag: chinese
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Chinese arraigned for importing N5 billion ‘fake’ tyres
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Fed Govt, governors, firm meet over $4.5b Chinese agric loan
The Federal Government has met with some governors and a Chinese company, YTO China-Africa Machinery Corporation (CAMACO), to fine-tune the implementation of the $4.5 billion agriculture infrastructure loan agreement with the Peoples Republic of China.
The Chinese government had, during President Muhammadu Buhari’s visit to China last year, promised to support agriculture in Nigeria with machinery, including tractors and irrigation infrastructure.
Nigeria Governors’ Forum Chairman Alhaji Abdulaziz Yari of Zamfara State, Alhaji Badaru Abubakar (Jigawa) and Chief David Umahi (Ebonyi) and representative of Governor Abiola Ajimobi of Oyo State attended the meeting.
The governors harped on the quality of the equipment, adaptability to weather and technical maintenance, among others.
Umahi warned against low quality equipment and asked for detailed specification of what would be supplied to avoid bringing in machinery that may not be suitable for Nigeria’s hot weather.
Minister of Agriculture and Rural Development Chief Audu Ogbeh said the government would not accept any low quality equipment, urging the Chinese firm to work out how it would assemble in Nigeria and, eventually, manufacture some of components locally.
Ogbeh noted that the government would not take loans without designing the means of repayment.
“We are negotiating the interest rate, telling them to produce here when our steel mill comes on stream. We are harping on specification. We are also discussing how to pay back the loan, through export of agriculture produce,” Ogbeh said.
The governors agreed to meet with the technical committee to identify agriculture produce in the states that could be exported to China.
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Pomp, ceremony as Chinese in Nigeria mark the rooster year
THE atmosphere was lively and bubbling. Aroma of both native and contemporary dishes filled the air. Banters upon banters. Clicking of glasses and shouts of ‘nice to see you’ reverberated the hall. It was the eve of the Chinese new year in Lagos.
The event which was full of camaraderie had many shows, including: dance, miming, karaoke, speeches, cooking demonstration, prayers, wining and dining.
Welcoming the guests who comprised of both Chinese nationals, Nigerians and people from other countries, Mr. Jackson Sun Gouping, the Head of Chinese Overseas Service Center in Nigeria, who doubles as the founder of the China town in Lagos, revealed the importance of New Year in Chinese history.
“Chinese never toy with the full celebration of the New Year. Majority of our nationals have gone home to China, and many in the cities in China will definitely go to their rural and traditional communities to celebrate the season. But those who are here today are gathered here to celebrate with their families, friends , wives of the Chinese: I mean women who are married to the Chinese nationals and same, for men from China who are married to Nigerians. It is time to celebrate. We cherish Nigeria as well as we cherished and loved China, it is time to celebrate together.
“We are delighted that President Mohammadu Buhari sent us his goodwill message. We too wish him good tidings as he paddled the boat of Nigeria economy. From home, our Minister of Chinese Overseas Service Center, Qiu Yuanping also sent her greetings to us.” Jackson Gouping who has spent almost 40 years in Nigeria, said with enthusiasm.
In his speech, the Chinese Consul General in Lagos office, Mr. Chao Xiaoliang said that coming together calls for deeper celebration. “Nigeria and China have come a long way. We share a lot of similarities. First, we have same National Day, which is October 1. Also China is the most populous country in Asia and the world, and Nigeria is the most populous black nation in Africa, and the world.
“China is the largest economy in Asia while Nigeria is a leading economy in Africa. We share a lot of similarities in culture and strategic knowledge about the international situation and economy. In the trade area, the trade volume between China and Nigeria has grown fast in the past few years. I wish everyone a happy New Year,” said Chao, who went round to greet the guests was full of delightful moments throughout the ceremony said.
In a message to Chinese community in Nigeria, President Muhammadu Buhari felicitated with Chinese community in Nigeria and across the world on the celebration of the country’s Lunar New Year . “Families will be coming together, often travelling many miles to revive great family values, reflect on the blessings of the past year and look forward with hope to the New Year, ” Mr. President said. “This (Chinese) 2017 year’s event is the year of the Rooster.”
Also speaking at the event, Mrs. Dorothy Johnson, the Head of Human Resources at Huawei, Nigeria and co-incidentally the daughter of Nigerian former Ambassador to Nigeria, late Ambassador Victor Chibundu, said, “In China, Chinese New Year is characterised by one of 12 animals which appear in the Chinese zodiac format. And this year is that of the Rooster.
“It has started now and will last until Februaray 15, 2017. It is time for enjoyment, celebrations and giving out to the humanity. At home in China, You can hardly see people trading in China now, absolutely nobody. Everybody will be in a celebration mood.”
Dorothy, versed in Chinsese culture, studied in China .
Qiu Yuanping, the Minister for Overseas Chinese Affairs Office had her goodwill speech televised for the audience in Nigeria, while wishing them good health (身体健康 (shen tǐ jiàn kang).
A philanthropist and Director with WEMPCO Plc, Mr.Phillip Tung, who was one of the VIPs at the occasion was happy that orphans were in attendance as well as some of the needy. “The purpose of gathering here is to felicitate with each other and reach out to those that cannot afford such,” Phillip, a philanthropist reasoned.
Conspicuously present were the Children of Ijamido (orphanage) Home, Sango Ota. Coincidentally, pupils, of The Pinefield Montessori School, Lekki, Lagos who were on excursion to the China town were given the opportunity of savouring the moments and some other schools too!
Red envelopes (hóng bāo) also known as gift bags were giving to the needy in accordance with Chinese tradition. This was after the raffle draw has taken place.
A staff of the Oversee Service Chinese Center in Lagos, Mrs. Precious Nzewunun, who had once worked and lived in China, said that the red in China tradition is to ward off evil and bring in good luck.
The shouts of新年進步 (xin nián jìn bù) “May the New Year bring much better things” rented the air.
Chinese people showed their rich cultural life via cuisine such as dumpling; Yue; Shīzi Tóu or “lion’s head; Songshu Guiyu or Mandarin fish; also , dance , music, displaying of art works were showcased,
Intermittently, the occasion far away in China , was being beamed live to those in Nigeria in order to be part of the fun back home.
Many notable guests were drawn from all walks of life.
As a way of promoting Chinese culture in Nigeria, the community will soon establish a Chinese School where both Nigerians and Chinese nationals can study together .
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Why Chinese top envoy’s visit to Nigeria, others ’ll strengthen bilateral ties
Nigeria-China bilateral relations will soar to new height as Abuja and four other African countries’ capitals play host to the Chinese Foreign Minister Wang Yi from January 7 to 12.
The other African countries hosting the Chinese Foreign Minister on his first overseas visit in the New Year include Congo, Madagascar, Zambia and United Republic of Tanzania.
Chinese diplomatic sources claimed that Wang’s first trip annually usually takes him to Africa, a practice that has been in existence for over two decades.
For this year, China’s Foreign Ministry spokesperson Geng Shuang explained that the visit is at the behest of the respective countries’ foreign ministers.
Wang’s visit, coming so early in the year, signals high expectations in China-Africa cooperation marching forward and upgrading in an all-round way.
“The main purpose of his visit is to further explore with countries concerned on how to implement the major consensus reached between President Xi Jinping and African leaders as well as the outcomes of the Summit of the Forum on China-Africa Cooperation (FOCAC) against the backdrop of new changes emerging in international political and economic situations and new challenges turning up in African countries”, the Chinese Foreign Ministry spokesperson, Geng Shuang, said at a press conference.
Wang has already has his groundwork laid out for him by President of the Peoples Republic of China Xi Jinping, in his address at the 2015 Johannesburg Summit of FOCAC.
At that summit, the Chinese leader noted that the last 15 years existence of FOCAC have seen fruitful progress in China-Africa practical cooperation across the board. “Two-way trade and China’s total non-financial investment in Africa in 2014 were 22 times and 60 times that of 2000 respectively, which shows China’s contribution to Africa’s economic development has risen significantly. FOCAC has become a pacesetter in China-Africa cooperation, an example in South- South cooperation, and a champion for greater international attention to and input in Africa.
“What has made China-Africa’s friendship durable and vigorous is that our two sides have always been guided by the principles of treating each other as equals, promoting win-win progress and common development and enhancing friendship and cooperation. China and Africa will forever remain good friends. Good partners and good brothers”, he stressed.
However, not willing to rest on past glories, President XI Jinping equally proposed that the new type of China-Africa strategic partnership be upgraded to a comprehensive strategic and cooperative partnership.
He added that in forging this partnership, China and Africa should remain committed to strengthening the following “five major pillars”: political equality and mutual trust; promoting win-win economic cooperation; mutually enriching cultural exchanges; mutual assistance in security; and solidarity and coordination in international affairs. China and Africa share common position on and interests in a wide range of international issues.
The China-Africa comprehensive strategic and cooperative partnership, he proposed, came with 10 cooperation plans with Africa for the next three years.
First, China proposed to actively promote industry partnering and production capacity cooperation between China and Africa and encourage more Chinese enterprises to make business investment in Africa. China also proposed to train 200,000 technical personnel and provide 40,000 training opportunities for African personnel in China.
Second, China equally offered to share its experience in agricultural development with Africa and transfer readily applicable technologies to the continent. In this regard, Chinese enterprises would be encouraged to engage in large-scale farming, animal husbandry and grain storage and processing in Africa to create more local jobs and increase farmers’ income.
Additionally, China pledged to carry out agricultural development projects in 100 African villages to raise rural living standards, send 30 teams of agricultural experts to Africa, and establish a “10+10” cooperation mechanism between Chinese and African agricultural research institutes.
Third, China-Africa infrastructure plan would be implemented, comprising China increasing mutually beneficial cooperation with Africa in infrastructure planning, design, construction, operation and maintenance. Chinese enterprises’ would also be encouraged to actively participate in Africa’s infrastructural growth, particularly in sectors such as railways, roads, regional aviation, ports, electricity and telecommunications. The Asian giant also promised to support African countries in establishing five transportation universities.
Fourth, China-Africa financial plan will expand its RMB settlement and currency swap operations with African countries, encourage Chinese financial institutions to set up more branches in Africa, and increase its investment and financing cooperation with Africa in multiple ways to provide financial support and services for the continent’s industrialisation and modernisation drive.
Fifth, the China-Africa green development plan would be implemented and comprises China’s support for Africa in bolstering its capacity for green, low-carbon and sustainable development and in launching 100 projects to develop clean energy, protect wildlife, promote environment-friendly agriculture and build smart cities.
Sixth, China-Africa trade and investment facilitation plan would execute China’s 50 aid-for-trade programmes to improve Africa’s capacity, both “software” and “hardware”, for conducting internal and external trade and investment. Additionally, African countries would be supported in enhancing law enforcement capacity in areas such as customs, quality inspection and taxation.
Seventh, China-Africa’s poverty reduction plan would implement 200 “Happy Life” projects and poverty reduction programmes focusing on women and children in the continent. China would cancel outstanding debts in the form of bilateral governmental zero-interest loans borrowed by the relevant least developed African countries that mature at the end of 2015.
Eighth, China-Africa public health plan will help Africa strengthen its public health prevention and control system as well as capacity building by participating in the building of the African Centre for Disease Control. China also promised to support in pacesetting cooperation between 20 Chinese hospitals and 20 African hospitals through upgrading hospital departments. The Asian country assured African leaders that it would continue to send medical teams to the continent and provide medical assistance such as the “Brightness Action” programme for cataract patients and maternal and child care.
Ninth, China-Africa cultural and people-to-people plan would lead to China building five cultural centres in Africa and providing satellite TV reception to 10,000 African villages. China also promised to provide to Africa 2,000 educational opportunities with diplomas or degrees and 30,000 government scholarships. Annually, the Asian country will sponsor visas for 200 African scholars and study trips by 500 young Africans to China as well as train 1,000 media professionals from Africa.
Tenth, in the China-Africa peace and security plan, the Asian giant will provide US$60 million of grant to support the building and operation of the African Standby Force and the African Capacity for the Immediate Response to Crisis. China also promised support for Africa’s participation in UN peacekeeping missions in Africa and African countries’ capacity building in areas such as defence, counter-terrorism, riot prevention, customs and immigration control.
“To ensure the successful implementation of these 10 cooperation plans, China decides to provide a total of $60 billion of funding support. It includes $S billion of grant and zero-interest loans; $35 billion of loans of concessional nature on more favourable terms and export credit line; an increase of $5 billion to the China-Africa Development Fund and the Special Loan for the Development of African SMEs respectively; and the China-Africa Fund for Production Capacity Cooperation with an initial contribution of $10 billion”, President Xi Jinping affirmed.
The Chinese leader’s words began to yield early fruits the following year, 2016 – being the inaugural year of China-Africa cooperation in the new age. The significant early harvests include the entry into operation of a new railway in Ethiopia linking Addis Ababa to the city of Djibouti. Equally, significant was the progress in building Mombasa-Nairobi railway in Kenya, and several industrial parks and special economic zones being planned.
The same year, from last January to September, China’s non-financial direct investment to Africa registered a year-on-year 31per cent increase. Between the end of the Johannesburg Summit and the end of last July, 245 cooperation agreements worth more than $50 billion covering various fields were signed between the two sides.
Other outcomes from the FOCAC Johannesburg Summit include the coming into operation of the China-Africa Fund for Production Capacity Cooperation with an initial contribution of $10 billion.
Specifically for Nigeria, China has provided concessionary loans to fund the Abuja-Kaduna Railway; Abuja Light Rail and Lagos Mass Transit System.
In 2016, the Asian giant offered 268 Nigerians training opportunities and more than 120 scholarships. For 2016-2018, 700 Chinese government scholarships and 1,000 training opportunities has been proposed.
During President Muhammadu Buhari’s visit to the Asian country last year, the Chinese government pledged RMB 100 million assistance gratis for Agricultural Science and Technology Demonstration Centre and Solar Traffic Lights for Abuja (Phase 2).
On promoting province-state government exchanges and production capacity cooperation, the Chinese Ambassador to Nigeria, His Excellency, Dr. Zhou Pingjian since presentation of his credentials to President Buhari has visited Vice President Yemi Osinbajo, Senate President Bukola Saraki and several ministers, including Ministers of foreign Affairs, Agriculture, Finance, Budget and National Planning.
Ambassador Pingjian has also called on Minister of Commerce, Interior, Inspector-General of Police and Comptroller-General of Immigration. He has visited Jigawa, Kano, Kaduna, Lagos and Ogun states.
Nigeria and China have also signed several agreements and Memorandum of Understandings, MOU, Scientific and Technological Cooperation, some include: Framework agreement between National Reform Commission of the Peoples Republic of China and Nigeria’s Federal Ministry of Industry, Trade and Investment for developing industrialisation infrastructure, production capacity and investment; agreement between the governments of the two countries on economic and technical cooperation, with China providing assistance gratis.
China and Nigeria’s Ministry of Transportation have also signed a MoU on scientific and technological cooperation. Another MoU between the Asian country and Nigeria’s Ministry of Commerce on aviation cooperation is also in place.
There also exists a mandate letter on China cooperation and RMB transaction between Industrial and Commercial Bank of China and Central Bank of Nigerian (CBN).
In the private sector, China Export and Credit Insurance Corporation and Dangote Industries Limited have also entered into production capacity cooperation agreement.
Definitely, these and other matters arising would fully keep Foreign Minister Wang Yi and his African counterparts fully occupied during his visit.•Ndubueze writes from Abuja.
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33 UNIZIK students get scholarship to study Chinese
The partnership between the Nnamdi Azikiwe University (UNIZIK) and the Chinese Xiamen University has recorded another milestone. Thirty-three students of Confucius Institute built in UNIZIK were offered scholarship for Master’s degree in Chinese language.
This Vice-Chancellor (VC), Prof Joseph Ahaneku disclosed this during the Christmas party organised by Nnamdi Azikiwe University Women Association (NAUWA).
The VC, who recently returned from China, described the development as “good news”, saying: “Out of 40 million students studying Chinese worldwide, only 74 were measured up for the scholarship. Of the 74, Africans had 38. UNIZIK students got 33 scholarships.”
Prof Ahaneku said the university emerged the best Confucius Institute among the 16 universities affiliated to Xiamen University. According to the VC, it is the third time UNIZIK is achieving the feat.
He said: “I am excited that our administration has worked hard to keep the university name on the world map. It is soaring high globally.”
The VC enjoined the staff to remain diligent in discharging their duties, urging them to support the management’s drive towards giving the school global visibility.
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Commission, Chinese firm sign $1.8m MoU to transfer water to Lake Chad
The Lake Chad Basin Commission and a Chinese firm, POWERCHINA International Group have signed a $ 1.8 million Memorandum of Understanding (MoU) to transfer water from the Congo Basin to Lake Chad Basin.
Minister of Water Resources, Suleiman Adamu, in a statement by the ministry’s Director of Information and Public Relations, Margaret Umoh, said the expanded study done by the Chinese firm showed that it is technically feasible to transfer water from River Congo to Lake Chad thereby increasing the level of the lake.
According to the statement, the decision to transfer water to Lake Chad from the Congo basin was taken at the 14th Summit of Heads of State and Governments of the Lake Chad Basin Commission held in April to save the Chad from drying up.
Adamu, who is also the Chairman of Ministers of the Commission, stated the Chinese firm merely expanded the feasibility study earlier done by CIMA International in 2011.
He said the transfer of water would halt the receding of the lake and the drying up of the north basin due to climate change.
“The study has shown that the process can potentially transfer 50 billion m3 annually to the Chad Basin through a series of dams in Democratic Republic of Congo, Republic of Congo and the Central African Republic,” the statement said.
The Minister noted that the transfer of water project would take a long time to actualize due to the huge capital involved and its complexity.
He called for concerted efforts from all to see that the project is achievable as this would save the livehood of over 40 million people living within the basin.
Adamu also, signed a MoU with the same company to harness the Water Resources Master Plan in the area of hydropower and irrigation development.
Earlier in his remarks, the Vice-President of the firm, Mr. Tian Hailua said that the company is committing both technical and financial assistance towards the actualization of the water transfer to the lake.
He added that the company has agreed to fund the project to in order to make life more meaningful socially and economically to the people within the basin.
Hailua said with the transfer of water to the lake, there is the potential to develop a series of irrigated areas for crops and livestock of over an area of 50,000 to 70,000 km2 in the basin.
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Gunmen kill Chinese miner, three others
Gunmen on Monday ambushed and killed four workers of a mining company, including a Chinese at Alongani village in Nasarawa Eggon Local Government Area of Nasarawa State.
Police Public Relations Officer in the state, Kennedy Idirisu, confirmed the killing to the News Agency of Nigeria (NAN), in Lafia on Tuesday.
Idirisu said the victims were returning from their mining site in a company truck at about 4p.m. when the assailants shot them from different directions.
Idirisu said a Chinese, a police escort and two others were killed during the ambush while another Chinese survived with bullet wound and was being treated in a hospital.
He said the Commissioner of Police, Abubakar Sadiq-Bello had deployed officers to the area to work in collaboration with other security agencies as well as the vigilantes to fish out the perpetrators of the heinous crime.
According to Idirisu, the commissioner of police had visited the Chairman of Nasarawa Eggon Local Government Area and the mining company.
The commissioner called on the people of the state to encourage foreigners willing to do business in the state rather than attacking them.
He reiterated the commitment of the police to safeguard the lives and property of all residents and assured that the command would not relent in its effort to rid the state of crime and criminality. (NAN)
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Chinese construction firm CGGC opens shop in Nigeria
One of the Chinese construction giants, China Gezhouba Group Corporation (CGGC), has opened its North-West Africa headquarters in Abuja, in what is described as a major fillip to the Federal Government’s drive for foreign investment.
The regional headquarters, meant to cover about 18 African countries (eight in Central Africa, seven in West and three in North), will serve as a semi-independent branch with power to take certain decisions without first seeking authorisation from the China-based parent company.
CGGC President Lyu Zexiang said this in Abuja while speaking at the launch of the headquarters on October 26.
Zexiang said his company’s decision to site a major headquarters in Nigeria was informed by its confidence in the nation’s economy’s growth potentials.
He said his company, which is coordinating the construction of the multi-billion dollars Mambilla Power Project, will ensure its prompt completion with its best expertise and materials.
He said CGGC was also planning to increase current local personnel strength of 5,000 to 20,000 within the next three years in the North-West region of the continent.
Minister of State for Power Mustapha Shehuri said the Federal Government was committed to ensuring that the 3000mw Mambilla Power project was completed and deliver at record time. He said the government has authorised all its relevant agencies and ministries to provide all necessary supports for the successful execution of the project.
“This project will cost about $6billion. It is being executed with 85 per cent loan from Chinese Export/Import Bank, while the Nigerian government is providing the remaining 15 per cent funding. We understand its importance for the nation’s energy requirement and by extension, the development of the economy. That is why the government is determined to ensure its prompt execution,” Shehuri said.
An indigenous expert, Mohammed Mustapha of Hypertech Nigeria Limited, who is the project’s development consultant, said his main brief is to coordinate the local content input for the project.
“This is an opportunity for Nigerian companies with the requisite expertise to tap into the huge business opportunity provided by this project. As a Nigeria, I am looking forward to having many Nigerian companies participate in this huge project.
“I am leaving the door open to local companies with the requisite expertise to come on board. This is a challenge to everyone to come in and trade his/her expertise for profitable return. We are not limiting it to any particular part of the country or class. This is an opportunity for all Nigerians,” Mustapha said.
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StanChart lists gains of Chinese currency to Nigeria, others
Standard Chartered Bank (StanChart) has highlighted the benefits the use of Renminbi, Chinese currency, in major transactions would bring to Nigeria, Kenya and South African economies.
Already, experts from StanChart’s Greater China Region are planning a road-show to the three countries to enable them outline the benefits and investment opportunities China’s latest ‘One Belt One Road’ initiative and global currency, the Renminbi, brings to the continent.
The road-show is aptly timed with the Renminbi’s officiation into the International Monetary Fund’s ‘Special Drawing Rights’ (SDR) list of global currencies, which became effective last October 1. “We have been at the forefront of the journey, partnering with Chinese authorities and supporting global clients in leveraging the opportunities the Renminbi and investment partnerships bring. China’s ‘One Belt, One Road’, is a development strategy launched by the Chinese government in 2013,” StanChart said in a statement.
“Also referred to as the ‘New Silk Road Plan’, the ‘Belt’ route links China with Europe through Central and Western Asia, and the ‘Road’ refers to the 21st Century Maritime Silk Road, which connects China’s ports to Southeast Asian countries, Europe and Africa,” it added.
StanChart’s Head of Renminbi Solutions for Corporate and Institutional Banking commented, Carmen Ling, said: “One Belt One Road’ aims to promote cooperation between more than 60 countries along the route, in key areas such as policy coordination, infrastructure, trade relations, financial integration and intercultural exchange. With a presence in Africa, Asia and the Middle East, StanChart has the products, insight and experience to support and guide governments and corporate clients on how they may benefit from China’s ongoing investment and trade.”
StanChart’s Regional Chief Executive Officer for Africa & the Middle East, Sunil Kaushal, added.
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Chinese, Indians, Britons, others for Buildmacex exhibition
The incessant collapse of buildings in recent times will be a major issue that will feature at this year’s Buildmacex Nigeria which holds from October18 to 20.
The annual exhibition that serves as an integrated platform of opportunities where visitors and participants meet directly annually with manufacturers, government agencies and top distributors in the industry, according to Mr. Ayodeji Olugbade, the Managing Director of Atlantic Exhibition,the organizers of the exhibition.
This year’s exhibitors will be coming from Turkey, UAE, China, India, United Kingdom, Lebanon, America, Ukraine, Nigeria and many other countries to showcase quality products of building materials, machineries, construction tools, water treatments and interior and exterior designs.
The exhibition is open to the professionals of the industry like architects, quantity surveyors, interior designers, builders, distributors, wholesalers and retailers. Olugbade also added that the reason for the exhibition is to promote the building and interior sectors in Nigeria and West Africa. The exhibition will also create avenues for questions from experts of the industry on building collapses in Nigeria, how to determine the best foundation for buildings, where to get quality products for building materials, and we will all get to know what is happening to the Millennium Tower Building in Abuja.