Abia State to Renovate 200 Health Centers, Recover Public School Assets

The Abia State Government has announced ambitious plans to overhaul 200 Primary Health Centers across the state by the end of this year. Governor Alex Otti’s administration is set to begin renovations in September, aiming for completion within 100 days.

Renovation of Health Centers

State Commissioner for Information, Okey Kanu, shared details of the initiative during a press briefing following the State Executive Council meeting. The project, managed by the Ministry of Health in collaboration with the Abia State Primary Healthcare Development Agency, will benefit all 184 wards in Abia. The goal is to enhance the quality of healthcare facilities before the holiday season, providing what Kanu described as a “Christmas gift” to the people of Abia.

Public Land Recovery Efforts

In addition to healthcare improvements, the Abia State government is taking steps to reclaim public lands illegally occupied by private individuals. The recovery committee has already reclaimed land from Government College Umuahia and is committed to recovering all such lands despite potential resistance from those who have unlawfully taken them.

Educational Reforms and Infrastructure

The state government is also focusing on educational reforms. Efforts are underway to verify and address the status of closed private schools, train teachers, and evaluate recent educational examinations.

In terms of infrastructure, 108 roads have been maintained or rehabilitated through direct labor. Designs for several major road projects, including Ntigha-Mbawsi-Umuala and Onuimo-Tower of Peace roads, are progressing.

Health and Safety Updates

The state has reported 13 suspected cases of Monkeypox in Isiala Ngwa, with one case confirmed and three pending. The government is also addressing cholera concerns, with only two confirmed cases reported and isolation centers being bolstered.

Road Expansion and Compensation

Regarding road expansion, the government has completed identifying properties to be demolished along the Umuikaa-Owerrinta road. Compensation for affected structures will begin soon, as part of the broader infrastructural development plan.

Summary

The Abia State Government’s multi-faceted approach aims to improve healthcare, reclaim public assets, enhance education, and expand infrastructure. These initiatives are part of a broader effort to drive positive change and address pressing issues across the state.

SEC Unveils New Initiatives to Drive Capital Market Growth and Attract Listings

The Securities and Exchange Commission (SEC) has introduced a series of new initiatives aimed at boosting activity in Nigeria’s capital market and aligning with the Federal Government’s goal of reaching a $1 trillion economy.

At his first post-Capital Market Committee (CMC) press briefing in Lagos, Dr. Emomotimi Agama, the Director-General of SEC, outlined the commission’s strategy to encourage more companies to list on the exchange and enhance market liquidity.

Key initiatives include:

  • Codification of Rules: Streamlining and consolidating the SEC’s rules into a comprehensive rule book to expedite the regulatory process.
  • Digital Assets Guidelines: Updating existing regulations and establishing new guidelines for digital assets, as well as onboarding Virtual Assets Service Providers to foster innovation in the market.
  • Support for New Listings: Encouraging companies to list and improving market-making to enhance liquidity and market depth.
  • Technological Upgrades: Investing in modern technology to advance trading platforms and data dissemination, aiming to attract a younger demographic and increase market participation.
  • New Financial Products: Introducing products such as derivatives, Real Estate Investment Trusts (REITs), and Exchange-Traded Funds (ETFs) to diversify investment opportunities.
  • Cybersecurity Measures: Implementing robust cybersecurity policies and establishing a dedicated committee to protect the integrity of the capital market.

Dr. Agama emphasized the SEC’s commitment to fostering a secure and efficient capital market environment, highlighting the need for strengthening regulatory bodies, enhancing enforcement, and adopting international best practices. He also pointed out the importance of promoting good corporate governance, encouraging private sector investment, and developing alternative assets.

In 2024, the SEC approved nine new issuances totaling ₦1.228 trillion, reflecting growing confidence in the market. Additionally, the Net Asset Value (NAV) of registered mutual funds surged by 111.08% to ₦3.335 trillion, demonstrating strong and sustainable growth in the fund management sector.

Dr. Agama expressed optimism about unlocking the full potential of the Nigerian capital market and aligning with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration. The SEC’s initiatives are designed to drive market growth, attract new listings, and support the country’s economic goals.

CISLAC and Transparency International Urge State Governors to Prioritize Due Diligence in Contracts

Civil Society Legislative Advocacy Centre (CISLAC) and Transparency International Nigeria (TI-Nigeria) have called on state governors to emphasize due diligence and legal consultations before entering into contract agreements. This call follows the recent seizure of three Nigerian presidential jets by a French court due to a contract dispute between the Ogun State Government and the Chinese firm Zhongshan Fucheng Industrial Investment Co. Ltd.

Auwal Rafsanjani, Executive Director of CISLAC, emphasized the importance of understanding the legal and ethical complexities of international agreements. He attributed the ongoing legal battles to poorly managed contracts, which have resulted in significant financial losses and damaged Nigeria’s international reputation.

Rafsanjani stated, “State governors and government officials must fully grasp the implications of international agreements before entering into them. Nigeria faces numerous socio-economic challenges, and we cannot afford to be entangled in costly legal disputes that could have been avoided with proper due diligence.”

He criticized the federal government for providing state governors with access to loans without adequately addressing the associated risks. Rafsanjani highlighted past issues, such as the notorious P&ID case, where Nigeria faced a staggering $11 billion fine due to alleged contractual breaches.

CISLAC and Transparency International previously secured temporary relief through a UK court’s decision following global advocacy efforts. They stressed the importance of vigilance and ethical governance to prevent severe repercussions from mismanagement of international contracts.

The organizations also called on President Bola Tinubu and anti-corruption agencies to prosecute individuals involved in colluding with entities like P&ID for personal gain. They emphasized the need for transparency and accountability in managing international agreements and avoiding costly legal disputes.

“As Nigeria navigates this complex legal situation, it is crucial to maintain vigilance and uphold ethical standards in contract negotiations,” Rafsanjani concluded.

Agency Calls for Urgent Passage of Bill to Establish National Council for Public Assistance

Idealab Agency, a federal body focused on assisting smallholder farmers and micro, small, and medium enterprises (MSMEs) with accessing intervention funds, has urged for the swift passage of a bill to establish the National Council for Public Assistance to Widows, Dependent Children, and Orphans.

At a news conference held at the National Assembly on Monday, Idealab’s Director General, Tyongi Emmanuel Aondoakaa, emphasized that the creation of this council would address key issues such as unemployment and societal challenges contributing to recent protests against poor governance.

Aondoakaa commended the Speaker of the House of Representatives for sponsoring the bill and engaging with stakeholders to build support. He also acknowledged the Speaker’s efforts to reintroduce the bill, which had been previously rejected by the 9th Assembly, aligning it with President Bola Tinubu’s Renewed Hope Agenda.

“The Speaker is hopeful that the 10th Assembly will prioritize this bill, ensuring its swift passage and transmission to the President for approval,” Aondoakaa stated. “This legislation is crucial for the administration’s goal of lifting 50 million Nigerians out of poverty by 2027.”

Aondoakaa stressed that the bill, if enacted, would address issues such as hunger, illiteracy, and the suffering of vulnerable populations, potentially reducing societal tensions and improving government approval.

He outlined the objectives of Idealab Agency, which was officially registered in May 2024 to address challenges faced by smallholder farmers and MSMEs, including barriers to accessing intervention funds, market access, and employment opportunities. The agency also aims to foster wealth creation through digital platforms.

“This initiative follows the Idealab program launched on March 29, 2022, by the Bank of Industry in collaboration with other key stakeholders,” Aondoakaa explained. “The program is part of the Federal Government’s investment in the digital economy and creative enterprise, supported by the World Bank Group’s International Finance Corporation venture capital funds.”

According to Aondoakaa, Idealab provides various financial supports, including grants, scholarships, aid, employment, market access, and loans ranging from ₦500,000 to ₦200 billion. However, he noted that many Nigerians remain unaware of these opportunities or have yet to benefit from them.

“It is essential for the National Assembly, media, and other stakeholders to help Idealab Agency in mobilizing and raising awareness about these intervention programs,” Aondoakaa urged.

Idealab Agency has implemented advanced technologies to promote financial inclusion and inclusive growth across Nigeria, aiming to ensure that intervention programs reach every community.

National Assembly Clerk Reaffirms Dedication to Human Capacity Development

The Clerk of the National Assembly, Alhaji Sani Magaji Tambuwal, has reiterated his commitment to prioritizing human capacity development as part of his mission to enhance the efficiency and effectiveness of the National Assembly.

Speaking at the opening of a four-day capacity-building program for National Assembly staff in Abuja on Monday, Tambuwal emphasized the importance of continuous training and retraining for professional growth, especially in a rapidly evolving work environment.

“My administration identified human capacity building as a core priority in our efforts to strengthen and reposition the National Assembly to meet its statutory responsibilities,” Tambuwal stated. He stressed that modernization, transparency, and accountability are crucial for the Assembly, which requires ongoing staff development to boost efficiency and commitment.

Tambuwal highlighted that in 2023 alone, the National Assembly trained 3,990 staff members across Salary Grade Levels 4 to 16, equipping them with the necessary skills to perform their duties effectively. The current four-day program aims to reorient staff for improved productivity and service delivery.

He underscored the role of continuous training in keeping staff updated with industry trends, expanding career opportunities, and driving innovation. “The effectiveness of our legislative processes and our impact on governance depend significantly on your dedication and quality services,” he added.

Tambuwal also praised the often overlooked but essential work of National Assembly staff, who support various legislative functions, including bill scrutiny, committee organization, and legislative research. He urged participants to approach the training with an open mind and a determination to improve, emphasizing that the collective progress of the National Assembly relies on individual contributions.

In a goodwill message, the Chairman of the National Assembly Service Commission, Engr. Ahmed Kadi Amshi, echoed Tambuwal’s sentiments. He highlighted the staff’s critical role in supporting the work of elected representatives and called for a renewed focus on staff training, professional development, and adopting modern, technology-enabled methods to enhance productivity and responsiveness.

Amshi stressed that the public expects efficient, effective, and responsive governance, and it is the responsibility of the National Assembly staff to provide services that create a conducive environment for this to occur. He pledged to strengthen transparency and accountability within the National Assembly Service, aiming to model good governance that earns the trust of both the Assembly leadership and citizens.

This capacity-building initiative is regarded as a significant step towards renewing the commitment to excellence in service to the legislature and the nation.

Oyo State Begins Compensation for Ajia Property Owners

The Oyo State Government has started compensating property owners affected by developmental projects in the Ajia Inukan LCDA, Ona Ara Local Government area.

During a meeting with the claimants on Monday, the Commissioner for Lands, Housing, and Urban Development, Mr. Williams Akin-Funmilayo, disclosed that the government has earmarked N513,462,446.50 for compensation. The affected properties were acquired for the construction of an Air Force Base, General Hospital, and ICT center.

Akin-Funmilayo emphasized that the compensation is a key step in maintaining a positive relationship between the government and the local residents. He also mentioned that the government had previously conducted an identification and verification exercise for the property owners, ensuring their properties were fairly valued for compensation.

One of the beneficiaries, Mr. Adedokun Olalekan, expressed his gratitude to Governor Seyi Makinde for his concern and support for the people of Oyo State.

Sowore Criticizes Tinubu for Acquiring Private Jet Amidst National Hardship

Former presidential candidate Omoyele Sowore has sharply criticized President Bola Tinubu over the recent acquisition of a new presidential jet. On Monday, the Tinubu administration unveiled a new Airbus A330, replacing a 19-year-old Boeing B737-700(BBJ) originally purchased during former President Olusegun Obasanjo’s tenure.

Bayo Onanuga, the Special Adviser to the President on Information and Strategy, shared images of the new jet but did not disclose the cost. In response, Sowore, through posts on his official X handle, condemned the expenditure, calling it reckless in light of Nigeria’s ongoing economic difficulties.

Sowore accused Tinubu of prioritizing personal luxury, including the purchase of jets and bulletproof vehicles, while failing to address the nation’s pressing economic issues. He argued that Nigerian leaders are more concerned with their own interests than with alleviating the suffering of the people.

In one of his posts, Sowore remarked, “Asiwaju Bola Ahmed Tinubu said one year isn’t enough for Nigerians to enjoy a better country, but look at what he bought for himself in just one year: yacht, jet, bulletproof Escalade, mansion for VP. #RevolutionNow.”

Sowore also highlighted the president’s use of the jet during a trip to France, stating, “Bola Tinubu finally launched his $150 million presidential jumbo jet on his way to Paris. The only thing that makes these thieving rulers in Nigeria happy is when they fulfil their personal desires; they don’t care about the people.”

This controversy arises amid a contractual dispute between the Nigerian government and the Chinese company Zhongshan Fucheng Industrial Investment Co. Limited, which led to the temporary confiscation of three Nigerian government-owned aircraft. The dispute coincides with nationwide protests, labeled #EndBadGovernanceInNigeria, calling for improved economic conditions and governmental reforms.

China’s largest electronics commercial area Huaqiangbei propels entrepreneurship

By Han Xin, Cheng Yuanzhou, People’s Daily

At 9:00 a.m., electronic markets at Huaqiangbei commercial area in Shenzhen, south China’s Guangdong province, were already bustling with activities. Known as the largest commercial area for electronics markets in China, Huaqiangbei was crowded with people running errands, making purchases and enquiring about prices.

Lu Dongli, in his forties, walked through the crowds and made his way into the Black Ark, a hardware innovation center in the Electronic Technology Building of Huaqiangbei.

Lu came to Huaqiangbei in 2006 for semiconductor trade. Five years later, he founded his company ChipReal in a small cubicle within the SEG Science and Technology Park of Huaqiangbei. Such a tiny cubicle measuring one meter in width was also referred to as a “one-meter counter.”

There are countless one-meter counters in Huaqiangbei, each representing a business venture and the aspiration of entrepreneurship.

“Thanks to the complete industrial chain and aggregation effect in Huaqiangbei, our company has experienced steady growth in recent years,” said Lu.

In October 2022, Lu moved his office to an office building in the central area of Huaqiangbei, turning his one-meter counter into a business start-up that covers over 300 square meters.

There are millions of entrepreneurs like Lu in Huaqiangbei. Before China began the reform and opening up process in 1978, Huaqiangbei was only a large paddy field. After Shenzhen was established as a special economic zone, major enterprises started building factories in the region, laying the foundation for the electronics industry in Huaqiangbei, which later emerged as one of the most vibrant business hubs in Shenzhen.

Just one month ago, Lu’s company received an unexpected call from a customer, who placed an order for 40,000 power supply chips annually. Lu immediately contacted his suppliers, only to be told that market prices had risen and their previously agreed price was no longer valid.

Lu made a quick decision to replace the supplier. “I don’t want to make a poor deal and couldn’t risk losing a potential client as well,” said Lu. 

“There’s nothing you can’t buy in Huaqiangbei,” Lu said. 

As a business area covering 1.45 square kilometers, Huaqiangbei is home to around 110,000 businesses, each of which has business relations with factories across China. This has made Huaqiangbei the world’s largest distribution center of electronic parts and components.

After spending nearly two hours making phone calls, Lu eventually found a supplier whose office was right in the building next to his.

Lu received the samples at 2:00 p.m., checked the necessary details, and then sent them to a third-party organization for examination. Subsequently, he received the approval certificate, which marked the success of his new deal.

Technical services are also essentially for a seller of electronic parts and components. Since 2018, ChipReal has expanded its business into product distribution, providing clients with technical assistance throughout the entire production process, from solution design to mass production.

Behind this expansion was a change in its business strategy. “Trading a single product can lead to quick profits, but it also comes with high risks. By expanding our range of services, our business has become more stable and sustainable,” said Lu.

Thanks to the expanded technical services, ChipReal has seen an annual revenue growth of 15 percent and gained nearly 900 new clients in China’s Yangtze River Delta, the Pearl River Delta and northeast China. 

In the first half of this year, the company’s sales volume rose by over 10 percent year on year, with technical services contributing nearly 40 percent to the increase.

The Huaqiangbei Electronics Market, which gave birth to numerous “one-meter counters,” is undergoing a profound transformation. Last year, 100,000 square meters of business areas were newly built in the market, and over 80 percent of the space of newly renovated electronics markets has been rented. This year, 14 business incubators began serving more than 400 innovative companies, and daily foot traffic in business areas has exceeded 1 million people.

Seizing new opportunities, Huaqiangbei is brimming with new vitality. Planning to build itself into a global electronic component trading hub, a global hardware innovation and entrepreneurship center, and an international consumer center for trendy electronics, it is growing into an internationalized district for innovation and entrepreneurship.

“Panda train” in China brings new travel experience to tourists

By You Yi, People’s Daily

At 5:10 p.m., China’s “panda train” Y152 taking 459 passengers pulled out of the Chengdu West Railway Station, southwest China’s Sichuan province, embarking on a 16-day journey to multiple popular tourist attractions in northeast China, such as Beiji village or “North Pole village” located at China’s northernmost tip in Mohe city, Heilongjiang province, and the Tianchi Lake on Changbai Mountain, Jilin province.

With panda images painted on its body, the panda-themed tourist train offered throw pillows printed with panda patterns and panda-shaped pastries, attracting many tourists to take on.

Stepping into a carriage, passenger Liao Yong saw a washroom, a locker, and a shower cubicle located on both ends. In his cabin, there were two double-deck berths, clean and tidy. The cabin was equipped with a television, an attendant call device and a storage cabinet. Liao even surprisingly found a socket beside his berth, which allowed him to charge his phone at anytime.

As suppertime neared, Liao went to the dining carriage with his friends, where they were welcomed by a wide array of delicacies, such as panda-shaped rice balls with nori and panda-shaped tangyuan made of glutinous rice and black rice. There were also appetizing many exquisite Sichuan dishes, including cold pot skewers, spicy Dan Dan noodles and leaf-wrapped sticky rice buns.

“I heard there is also an entertainment carriage, where passengers can sing karaoke and drink tea. It just feels so good,” said Liao.

He said that the “panda train” offered a relaxing travel experience after retirement as he could enjoy the scenery and have a good rest onboard.

The panda-themed train is a high-end boutique tourist train operated by China Railway Chengdu Bureau Group Co., Ltd. Travelers can take the “panda train” to experience cultures and ethnic features in different parts of China. With multiple functions including transportation, accommodation and entertainment, the train was developed to meet the emerging tourism needs of the silver-hair group, and well combined tourism resources in northeast China, including natural scenery, folk customs, history and culture.

“Compared to conventional tourist trains, the panda train is equipped with more facilities, such as smart locks, entertainment devices and thermostatic showers. It also provides customized services for different tourist groups, including afternoon tea and karaoke activities,” said train conductor Zheng Li.

According to statistics, the “panda train” has made 84 trips since it started trial run in March 2021, carrying more than 20,000 passengers to multiple tourist attractions, such as Dunhuang in northwestern China’s Gansu province, Urumqi in northwest China’s Xinjiang Uygur autonomous region, Ejin banner in north China’s Inner Mongolia autonomous region, Xishuangbanna in southwest China’s Yunnan province and Yantai in east China’s Shandong province. It perfectly combines sightseeing with train travel, meeting travelers’ need for a flexible journey.

“Since this year, there has been a growing demand for the train among tourists in Sichuan, southwest China’s Chongqing, and southwest China’s Guizhou province. So far, we have launched over 200 panda-themed trains, handling nearly 100,000 tourists,” said Chen Xuan, head of Sichuan Southwest Rail International Travel Agency of Sichuan Chengdu Railway International Business Travel Group.

According to Chen, the “panda train” has launched multiple tourism routes covering major tourist attractions across China for travelers to appreciate the country’s rich historical sites, natural landscape and dedicated food.

With tourism routes centered around seasonal features and innovative tourism products, the “panda train” offers unique travel experiences, meeting the needs of the Chinese tourism market for personalized, comfortable, convenient, and diverse travel options.

Chinese platform facilitates technological innovation of enterprises

By Yu Weiliang, Fan Haotian, People’s Daily

High-quality development of enterprises relies heavily on technology and talent. In Wuhan, capital of central China’s Hubei province, a dedicated platform has been established to bridge the gap between enterprises and technological expertise.

In a laboratory of the School of Automation, China University of Geosciences, associate professor Zhang Jingjing was working with Yan Wenlin, head of R&D with Wuhan AI Intelligent Technology Co., Ltd., to test a newly developed temperature and humidity sensor prototype. Connecting circuit boards to oscilloscopes and multimeters, they examined waveforms, and measured voltage and current.

Just three months ago, Zhang and Yan, whose offices are only two kilometers apart, had never met each other. What brought them together was the Hubei Sci-tech Innovation Supply Chain Platform (hereafter referred to as “the Platform”). 

The Platform was launched in 2023, with companies proposing research topics and universities and research institutes offering responses, creating an industrial innovation ecosystem that is demand-oriented and enterprise-centered. 

It provides services for users across the province, such as contract signing and supply-demand matchmaking of technology, human resources, and financing.

Zhang, engaged in computer vision research, had long entertained the idea of empowering agriculture with artificial intelligence, but had not found the proper approach yet.

Wuhan AI Intelligent Technology Co., Ltd. is a business startup committed to developing affordable sensors that can be used by aquaculture farmers. Before meeting Zhang, Yan had sought technological support from multiple agricultural universities and research institutions, only to be met with disappointment.

Yan attributed it to two reasons. “First, researchers’ focuses don’t always align with the needs of companies; second, they don’t have enough trust for small enterprises like us.”

Thanks to the Platform, enterprises can now easily find technological support just like they would shop online. “The intelligent matching model on the Platform enables ‘one-click matchmaking,’ which can ensure quick and easy connections between supply and demand. Behind every piece of effective information is a technology manager who provides comprehensive services to both enterprises and research institutions. This allows for rapid communication and problem-solving,” said Li Tianpei, general manager of Hubei Sci-tech Innovation Supply Chain Co., Ltd.

Learning about the Platform, Yan registered on it through a quick QR code scan and posted a request for creating a micro temperature and humidity sensor. Soon, Yan was recommended with multiple eligible technology suppliers.

Finally, Yan selected Zhang’s team under the recommendation of a technology manager. In just a week, Zhang devised a detailed development plan for developing the sensor, rapidly completing the prototype design and moving on to the testing phase.

How can sci-tech achievements be turned into commercial products after aligning supply and demand? 

Hubei has rolled out new policies to improve the incentive mechanism by taking Wuhan East Lake High-Tech Development Zone (EDZ) as a pilot, in an effort to boost collaborations on the Platform.

An annual special fund of 200 million yuan ($27.85 million) has been set up to support the phased transformation and commercialization of sci-tech achievements. It also supports collaborative research among enterprises, universities, and research institutions, with the government providing enterprises with one-third of the actual investment. The maximum financial support for a single project is 1 million yuan.

In February this year, Wuhan Ganwei Technology Co., Ltd. posted on the Platform a demand for a highly integrated industrial-grade infrared optical gas sensor. Experts from the Optics Valley Laboratory (Wuhan National Laboratory for Optoelectronics) located in EDZ, also known as  Optics Valley of China, soon took up the task. “Initially, our projected budget was 1 million yuan, but the cost proposed by the experts was slightly higher,” said Zhang Junlong, the company’s general manager.

Thanks to a project it joined under the encouragement of EDZ, the company became eligible for a 1-million-yuan incentive fund, which allowed Zhang Junlong to focus on the collaboration with the laboratory.

As of now, the Platform has attracted over 34,000 active companies, which have released more than 16,000 demands. Over 4,500 collaborations have been facilitated.