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<br>The Nigeria-China relationship has come a long way dating back to more than three decades. Recent developments especially in the areas of construction, commerce, trade and strategic partnerships are designed to reinforce and strengthen existing friendship between the two [http://www.Nytimes.com/topic/destination/nigeria countries].[https://www.theguardian.com/world/nigeria theguardian.com][http://www.yohaig.ng/recommends/sports-betting/bet9ja/ yohaig.ng]</a> Though in its relations with Nigeria, she has tried to emphasise economic, scientific and cultural relations, aid is also an instrument for enhancing bilateral relations, a policy that is evidently different from the other exploitative practices that had kept Nigeria’s development on a low key since independence. China has a record of not indulging in imperialistic or expansionist tendencies or for that matter, enslaving those she has relations with. That abiding principle is being applied in her relations with Nigeria.<br>Today, the more visible aspect of Nigeria’s relations with China is in the areas of construction-roads, airports and the railway financed through what is generally accepted as liberal enough terms for the country to push forward the desire to overcome her immense infrastructural challenges.[http://Topics.Bloomberg.com/nigeria/ bloomberg.com][http://www.yohaig.ng/recommends/sports-betting/nairabet/ yohaig.ng]</a> That Asian country is spearheading efforts to modernise Nigeria’s railway through a funding arrangement that eases the pressure on the country’s financial stress in an environment of economic recession.<br>This approach which has greatly strengthened the Beijing-Abuja political alliance has also built trust between the two countries. The strength of these [http://topics.bloomberg.com/nigeria/ political bonds] has been revealed by deeper Nigeria-China cooperation at the United Nations as she endorsed Nigeria’s bid to become a permanent member of the UN Security Council, citing Nigeria’s status as a "leading developing country."<br>Nigeria has reciprocated by supporting China’s position in territorial disputes in the Asia-Pacific region. This mutual support contributed greatly to Nigeria’s successful request for Chinese military assistance in its struggle against insurgencies in the oil-rich Niger Delta. As the United States and other Western countries refrained from overtly supporting Nigeria’s counter-insurgency efforts, China filled the void by supplying military technology and sending military trainers to assist Nigerian forces. These actions reaffirmed the Nigeria-China alliance and have contributed to Nigerian political elite’s positive perceptions of China.<br>Though Nigeria and China have vastly different historical experiences and cultural traditions, Beijing has been remarkably successful in its efforts to promote Chinese culture in Nigeria through student exchanges and the proliferation of Chinese media in Nigeria with mechanisms that underpin an increasing cultural synergy between the two countries. Nigerian students are encouraged to study in China on the basis of her policy of entrenching cultural diversity. Beijing’s strategy of expanding student exchanges and educating more Chinese students could play a role in reducing perceived ethnic tensions over time as relations between the two countries thrive.<br>The other prong of China’s soft power campaign in Nigeria is media proliferation which has been able to attract more visitors to cultural exchange events like the opening of a China Gallery in Nigeria’s national library, [http://www.Nytimes.com/topic/destination/nigeria showcasing] of Chinese culture to Nigerians and the recent sponsorship of table tennis competition among Nigerian journalists in Abuja. There are also plans to feature more Nigerian programmes in China’s media. The proposal by Nigeria has captured the interest of Chinese officials seeking to expand the bilateral trade partnership, which has grown six-fold over the past decade.<br>China’s special relationship with Nigeria, forged through deep-rooted political bonds and cultural exchanges, is a major victory for its soft power [http://www.nytimes.com/topic/destination/nigeria campaign] in Africa.[http://thecommonwealth.org/our-member-countries/nigeria thecommonwealth.org][http://www.yohaig.ng/recommends/sports-betting/nairabet/ yohaig.ng]</a> As pro-Chinese sentiments in Nigeria are overwhelming at both the elite and popular level, Nigeria is a perfect testing ground for future Chinese alliance-building efforts in other African countries in the years to come<br>It is pertinent to point out that the strategic military alliance between Nigeria and China took a [http://www.yohaig.ng/category/nigeria-news/pm-news/ dramatic] turn for the better as the fight against terrorism progressed.[http://Www.Ecowas.int/member-states/nigeria/ ecowas.int][http://www.yohaig.ng/recommends/sports-betting/nairabet/ yohaig.ng]</a> China proved to be a true friend of the country in her hour of need. That development provided an opportunity for the Nigerian government to [http://topics.bloomberg.com/nigeria/ develop] close military cooperation with China, which has supplied arms, equipment, training and technology to the Nigerian armed forces. Both [http://Www.France24.com/en/tag/nigeria/ nations] also signed a $311 million agreement to develop cooperation in communications and space programmes. It is remarkable, in our opinion, that China helped develop and launch the Nigerian communications satellite (NigComSat-1) by 2007 to expand cellular and internet networks in Central Africa.<br>In the area of trade and commerce, bilateral trade between the two countries is improving by the day. In 2011, for instance, Nigeria was the fourth largest trading partner of China in Africa and in the first eight months of 2012, it was the third and still improving. From 2000 to 2011, there are approximately 40 Chinese official development finance projects identified in Nigeria.<br><br><br>Feel free to surf to my blog post [http://www.yohaig.ng/category/nigeria-news/pm-news/ Yohaig]
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The Speaker of the Home of Representatives, Yakubu Dogara has lamented the damaging impact of dollars laundering, terrorist financing and little arms proliferation on Nigeria’s developments.<br><br><br>Dogara applauded the Mohammadu Buhari-led administration for initiatives so far adopted to address these challenges.<br><br><br>He identified such measures to consist of the implementation of the Treasury Single Account (TSA) policy, the Bank Varification Number (BVN).<br><br><br>The Speaker spoke in Abuja yesterday at the 28th technical session/plenary meeting of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).<br><br><br>He said: "It is vital to state that Nigeria in unique, and the Economic Neighborhood of West African States (ECOWAS) in general, are suffering the devastating effects of funds laundering, terrorit finanacing and the proliferation of tiny and light arms as properly as their predicate offences like corruption, fraud, tax evasion, amongst other individuals.<br><br><br>"It is common knowledge that when you fight crime, these who advantage from the crime fight back and they fight dirty, and even organise themselves into networks to beat the technique.<br><br><br>"Nonetheless, the administration of President Muhammadu Buhari has taken bold steps to restructure the institutions and strengthening of laws in order to maximise prosecution and conviction of offenders, enhance recovery of stolen assets and guarantee transparent management of recovered, returned or repatriated assets, " Dogara said.<br><br><br>He hailed GIABA for its activities in Nigeria and the ECOWAS sub-region.<br><br>GIABA is an agency of ECOWAS responsible for facilitating the adoption and implementation of Anti-Dollars Laundering (AML) and Counter-Financing of Terrorism (CFT) in West Africa. It is also a FATF-Styled Regional Physique (FSRB) working with its member states to make certain compliance with international AML/CFT requirements.<br><br><br>GIABA’s Director Basic, Colonel Adama Coulibaly hailed Nigeria’s government’s commitment to tackling the scourge of economic crimes and connected vices.<br><br><br>Coulibaly particularly hailed the choice by the government to make sure that every bank owner in the nation comply with the BVN directive as a measure for curbing dollars laundry and other monetary crimes.<br><br><br>The GIABA DG assured that the group would strengthen its technical help to member states so that the forthcoming second round of mutual evaluations final results in substantial improvement of states’ AML/CFT regimes.<br><br><br>The Director, Nigerian Monetary Intelligence Unit (NFIU) and GIABA’s National Correspondent on AMTL/CFT, Francis Usani known as for collaboration among Economic Intelligence Units (FIUs) and other related agencies in GIABA member states.<br><br><br>This, he said would improve the price of accomplishment recorded by member states in the fight against funds laundry, terrorist financing, trade in illicit arms, among other individuals.<br><br><br>Usani said: "I advise that information sharing is vital for us to make any meaningful impact. We need to for that reason, enhance our data sharing protocols.

Aktuelle Version vom 17. November 2017, 17:38 Uhr

The Speaker of the Home of Representatives, Yakubu Dogara has lamented the damaging impact of dollars laundering, terrorist financing and little arms proliferation on Nigeria’s developments.


Dogara applauded the Mohammadu Buhari-led administration for initiatives so far adopted to address these challenges.


He identified such measures to consist of the implementation of the Treasury Single Account (TSA) policy, the Bank Varification Number (BVN).


The Speaker spoke in Abuja yesterday at the 28th technical session/plenary meeting of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).


He said: "It is vital to state that Nigeria in unique, and the Economic Neighborhood of West African States (ECOWAS) in general, are suffering the devastating effects of funds laundering, terrorit finanacing and the proliferation of tiny and light arms as properly as their predicate offences like corruption, fraud, tax evasion, amongst other individuals.


"It is common knowledge that when you fight crime, these who advantage from the crime fight back and they fight dirty, and even organise themselves into networks to beat the technique.


"Nonetheless, the administration of President Muhammadu Buhari has taken bold steps to restructure the institutions and strengthening of laws in order to maximise prosecution and conviction of offenders, enhance recovery of stolen assets and guarantee transparent management of recovered, returned or repatriated assets, " Dogara said.


He hailed GIABA for its activities in Nigeria and the ECOWAS sub-region.

GIABA is an agency of ECOWAS responsible for facilitating the adoption and implementation of Anti-Dollars Laundering (AML) and Counter-Financing of Terrorism (CFT) in West Africa. It is also a FATF-Styled Regional Physique (FSRB) working with its member states to make certain compliance with international AML/CFT requirements.


GIABA’s Director Basic, Colonel Adama Coulibaly hailed Nigeria’s government’s commitment to tackling the scourge of economic crimes and connected vices.


Coulibaly particularly hailed the choice by the government to make sure that every bank owner in the nation comply with the BVN directive as a measure for curbing dollars laundry and other monetary crimes.


The GIABA DG assured that the group would strengthen its technical help to member states so that the forthcoming second round of mutual evaluations final results in substantial improvement of states’ AML/CFT regimes.


The Director, Nigerian Monetary Intelligence Unit (NFIU) and GIABA’s National Correspondent on AMTL/CFT, Francis Usani known as for collaboration among Economic Intelligence Units (FIUs) and other related agencies in GIABA member states.


This, he said would improve the price of accomplishment recorded by member states in the fight against funds laundry, terrorist financing, trade in illicit arms, among other individuals.


Usani said: "I advise that information sharing is vital for us to make any meaningful impact. We need to for that reason, enhance our data sharing protocols.