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China to build Africa’s first local insulin facility in Nigeria, says Envoy

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China’s Ambassador to Nigeria, Yu Dunhai, has revealed plans by Chinese companies to establish a local insulin production facility in Nigeria. Yu said when completed, it would end Nigeria’s dependence on import.
The envoy spoke at a reception in Abuja to mark the 76th anniversary of the founding of the People’s Republic of China.
He said: “Chinese companies are in talks with Nigeria to build Africa’s first local insulin production facility, potentially ending Nigeria’s reliance on imported insulin and positioning Nigeria as a hub for African medical biotechnology.”
He also said Nigeria-China relationship is a growing “comprehensive strategic partnership” with expanding political, economic, and cultural cooperation.
Dunhai described the year 2025 as a pivotal moment for China’s development, China-Africa relations, and global diplomacy.
“This year marks the 80th anniversary of the founding of the United Nations,” the ambassador said, referencing China’s Global Governance Initiative, which he said offers “Chinese wisdom and solutions to strengthen and improve global governance.”
The ambassador celebrated China’s achievements over the past seven decades, describing the transformation as “miraculous.”
Over the past 76 years, the Communist Party of China, with a strong spirit of self-reform, has united and led the Chinese people in achieving two miracles: rapid economic growth and long-term social stability.
“The Chinese nation’s great rejuvenation has entered an irreversible historical trend,” he said.
He noted that China had lifted more than 800 million people out of poverty, saying it is a “Chinese poverty alleviation miracle.
He added, “In 2024, China’s GDP exceeded $18 trillion, with a per capita GDP surpassing $13,000. For years, China has contributed over 30 percent to global economic growth.”
Dunhai said the next phase of China’s development — national rejuvenation through modernization — would emphasize peace, development, and mutual benefit.
He said: “We are eager to share development opportunities with African countries, including Nigeria, and the rest of the world.”
Dunhai praised Nigeria’s recent endorsement of the GGI, stating, “Days ago, the Nigerian government issued a statement to endorse the Initiative. China deeply appreciates this support and backs Nigeria’s greater role on the international stage.
“We are ready to work with Nigeria and African countries to advance cooperation under the framework of the GGI,” the envoy added.
He also stressed the increasing economic and diplomatic engagement between the two countries. “It has been one year since President Bola Tinubu’s state visit to China,” he said, noting that the visit elevated bilateral ties to a “comprehensive strategic partnership.”
The Ambassador pointed to several key projects as evidence of tangible progress, including the Lekki Deep Sea Port and the Abuja Water Supply Project. “The Lekki Deep Sea Port has become a new ‘national gateway’ for Nigeria’s global trade,” he stated, adding that it is projected to generate $360bn in economic benefits and create 170,000 jobs over the next 45 years.
On water infrastructure, Dunhai noted, “The Abuja Water Supply Project was completed in June. With a daily capacity of 480,000 cubic meters, it will meet the clean water needs of nearly 3 million people.”
He highlighted the story of Nigeria’s first female train driver, trained by China Civil Engineering Construction Corporation, saying, “Ms. Issah Abiola, known by her Chinese name Bai Yang by Chinese netizens, was honoured with China’s ‘Friendship Envoy Award’, one of only six global recipients.”
He welcomed the recent move by the Federal Government to include the Chinese language in the senior secondary school curriculum.
Throughout his speech, the ambassador repeatedly emphasised themes of unity and mutual development. “China stands ready to deepen cooperation with Nigeria across various sectors,” he said, pledging to align Chinese policies with President Tinubu’s “Renewed Hope” agenda.
Also, the Deputy Senate President Barau Jibrin stressed the symbolic connection between both nations, noting that Nigeria and China share a common national day—October 1st.
Represented by the Senator representing Jigawa North-West Senatorial District, Babangida Hussaini, the Deputy Senate President noted that the partnership between the two countries has evolved into a “comprehensive strategic partnership,” which he said is reflected in visible investments across Nigeria in sectors such as roads, railways, power plants, and industrial parks.
Today, Chinese enterprises and investments are visible in every corner of Nigeria, contributing to the modernization of our infrastructure,” he added.
Jibrin also described Tinubu’s state visit to China, as a turning point that “consolidated our shared vision for a future where the resources, talent, and strength of both countries are harnessed for the prosperity of our people.”
He expressed optimism about future collaborations under frameworks such as Nigeria’s 10-Year Development Plan and China’s Belt and Road Initiative.
He said all these are “opening new opportunities for growth, connectivity, and shared prosperity.”

On people to people relation, he said, “Thousands of young Nigerians today are studying in China, acquiring knowledge and skills that will shape the future of our country. Similarly, Nigerian culture is finding appreciative audiences in China.”
Jibrin also reaffirmed the National Assembly’s commitment to strengthening ties through parliamentary diplomacy.

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Maritime

Experts: Africa losing ground in global shipping over seafarer skills gap

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By Monireoluwa Lucas

Africa risks losing further ground in the global shipping industry as a shortage of internationally certified seafarers and maritime professionals continues to limit the continent’s ability to compete in an increasingly technology-driven sector.

The Manager of Training and Maritime Centre of Excellence (MCOE) at Nigerian Maritime Services Limited (NSML), Dr Effiong Ekanem-Attah, raised the concern at the 2026 Maritime Training Institute organised by the Association of Maritime Journalists of Nigeria (AMJON) in Lagos.

Ekanem-Attah, who represented the Managing Director of NSML, Abdulkadir Kere Ahmed, said the global maritime industry was becoming increasingly regulated, technology-driven and dependent on skilled professionals capable of operating under international standards.

Speaking on the theme: “The Power of Innovation in a Future-Ready Maritime Training Agenda,”  he said digitalisation, decarbonisation, automation and stricter safety requirements were reshaping shipping and increasing demand for competent maritime professionals.

He said that despite Africa’s strategic maritime location and extensive coastline, the continent had struggled to produce sufficient internationally certified seafarers to meet the demands of the global maritime labour market.

According to him, limited access to quality maritime training, inadequate simulator facilities, accreditation challenges and insufficient opportunities for practical sea-time were among factors responsible for the skills gap.

The situation, he said, had compelled many shipping companies operating in Africa to rely heavily on expatriates for critical technical and operational positions.

“Consequently, many shipping companies operating in and out of Africa have relied heavily on expatriate personnel for critical technical and operational roles,” he said.

Ekanem-Attah said closing the gap would require an integrated maritime manpower development system combining education, professional certification, practical sea-time, mentorship, technology, research and industry collaboration.

He said the NSML Maritime Centre of Excellence on Bonny Island, Rivers State, was established as part of efforts to address longstanding maritime manpower challenges.

According to him, the centre combines maritime training, simulator-based learning, sea-time development, professional certification support, research, consultancy and industry partnerships.

Ekanem-Attah said the centre had secured international accreditations, including ISO 9001:2015 Quality Management System, DNV standards for maritime simulator and training centres, United Kingdom Maritime and Coastguard Agency accreditation for six courses, Nautical Institute accreditation for Dynamic Positioning programmes, as well as accreditations from Marshall Islands, Bermuda and the Nigerian Maritime Administration and Safety Agency (NIMASA).

He said the accreditations would enable Nigerian and other African maritime professionals to obtain globally recognised qualifications locally instead of travelling abroad for specialist training.

The centre, he added, had invested in advanced facilities, including bridge and engine-room simulators and Dynamic Positioning systems, enabling trainees to simulate operational situations, emergency procedures and other risk-sensitive scenarios.

On the challenge of sea-time, Ekanem-Attah said NSML’s Seafarers Continuous Development Programme had provided opportunities for young professionals seeking to meet certification requirements.

He said 272 cadets had completed sea-time training through the programme, while another 54 were either in college or onboard vessels progressing towards professional certification.

“As of August 2026, NSML employs over 700 seafarers and remains the largest employer of qualified Nigerian seafarers,” he said.

Also speaking, the Lagos Port Complex Manager of the Nigerian Ports Authority (NPA), Mr Adebowale Lawal, who represented the Managing Director, Dr Abubakar Dantsoho, said technology alone could not transform the maritime sector without adequate human capital.

Lawal said digitalisation, artificial intelligence, automation, robotics and data-driven logistics were changing global port and shipping operations.

He said the NPA had deployed technology to improve efficiency, transparency, safety and service delivery, citing the Electronic Call-Up System, Electronic Access Control, digital revenue systems, vessel management platforms and the ongoing development of the Port Community System.

According to him, the Authority was also aligning its processes with the National Single Window to promote greater integration and electronic exchange of information among maritime stakeholders.

“These initiatives demonstrate that the future of our ports will depend increasingly on people who understand and can effectively deploy technology,” he said.

Lawal said maritime training institutions must produce professionals who were technically competent, innovative, adaptable and digitally literate, as the industry moves towards smart ports, autonomous and connected ships, cybersecurity systems, green shipping technologies and data-driven decision-making.

He urged greater collaboration among government, industry and training institutions to develop the manpower required to make Nigeria’s maritime sector globally competitive.

“Let us remember that innovation is not only about machines and technology; it is about people, ideas and the courage to do things better,” he said.

Lawal added that sustained investment in skills development would help Nigeria build a workforce capable of driving safer, smarter, greener and more efficient maritime and port operations.

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Energy

OPEC+ opts to retains oil production in October, as prices continue rising

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By Oluwayanmife Lucas, with agency reports

OPEC+ members yesterday at a virtual meeting agreed to keep oil production steady in October. This decision thus puts a stoppage to a six-month run of output increases as the group shifts its focus to determining new production quotas for 2027.

In a press statement uploaded on OPEC website shortly after the meeting, it noted that the producers agreed to have OPEC+ keep its oil output policy unchanged for ‌October as the producer group needs to agree new quotas before deciding its next output steps.

The meeting of seven core OPEC+ members — Saudi Arabia, ​Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — comes as the Iran war continues to ​disrupt oil exports through the Strait of Hormuz, limiting OPEC+’s influence over prices ⁠and market share.

The pause comes as the war with Iran continues to disrupt oil exports through the Strait of Hormuz, reducing the ability of OPEC+ supply decisions to influence crude prices and the group’s market share.

Meanwhile oil prices continue its upward surge wit Brent yesterday selling at $96.28 and West Texas Intermediate selling at $91.48 respectively per barrel.

In August, OPEC+ agreed its production boost for September, completing a phased rollback ​of a 1.65 million-barrel-per-day supply cut first agreed in 2023. Despite the agreed production increases, ​the group made up of the Organisation of the Petroleum Exporting Countries and its allies, including Russia, still produces far below its targets because of the war.

“OPEC+ currently has ​very limited power over the physical oil market. The group ​can change production targets on paper, but it cannot guarantee that those barrels will be produced or ‌actually ⁠reach the market. The focus now shifts away from monthly production adjustments and towards the much more consequential debate over 2027,” said Jorge Leon of Rystad Energy.

OPEC+ still has another layer of production cuts in place, covering most members of the 21-country group until the end of 2026. Before the group decides ​how to unwind the ​cuts and return production ⁠to the market, it needs to review members’ oil production capacity to set 2027 output baselines, which form the basis for quotas.

According to sources who spoke to Reuters, this ​debate will likely happen later in 2026 and hence OPEC+ is ​likely to pause ⁠its output increases for the fourth quarter, sources earlier told Reuters.

Actual production remains well below the group’s targets amid the war and disruptions to regional oil flows. The gap means previously announced increases have had a more limited effect on physical supply than the headline quotas suggest.

The 21-member alliance, which includes the Organisation of the Petroleum Exporting Countries, Russia and other producers, still has another layer of production cuts scheduled to remain in place through the end of 2026.

Before deciding how quickly those remaining cuts can be unwound, members need to review their production capacity and establish new 2027 output baselines. Those baselines are critical because they determine the individual production quotas allocated to members.

Discussions over the new baselines are expected later this year, making a pause in output increases during the fourth quarter increasingly likely.

The expected decision also comes at an unusual time for the producer alliance. With the Strait of Hormuz disrupting exports, the amount of crude reaching global markets is being shaped more heavily by wartime shipping constraints than by adjustments to OPEC+ production targets.

That has limited the group’s traditional ability to manage supply and influence prices through coordinated output changes.

The seven countries reiterated their collective commitment to achieve full conformity with the Declaration of Cooperation.

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Maritime

‘CVFF to revive indigenous shipbuilding, create 30,000 jobs’

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By Josephine Lucas
The Federal Government has said the disbursement of the Cabotage Vessel Financing Fund (CVFF) to qualified Nigerian shipowners will revive indigenous shipbuilding and create more than 30,000 direct and indirect jobs across the maritime sector.
Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, gave the indication while directing the Nigerian Maritime Administration and Safety Agency (NIMASA) to work with the 12 approved Primary Lending Institutions (PLIs) to accelerate the disbursement of the long-awaited fund.
Oyetola, in a statement issued yesterday by his Special Adviser, Dr Bolaji Akinola, said significant progress had been recorded in the processing of applications under the CVFF framework.
He disclosed that NIMASA had received 92 applications for funding, with 20 already submitted to the PLIs, while one application had been reviewed and forwarded for approval.
The Minister’s directive is aimed at ending more than two decades of delays that have prevented Nigerian shipowners from accessing the fund, which is expected to provide low-interest, long-term financing for the acquisition of modern vessels and expansion of indigenous fleets.
According to him, the fund will strengthen the capacity of Nigerian shipowners to compete for coastal and offshore shipping contracts, reduce dependence on foreign vessel operators and retain more value within the Nigerian economy.
Oyetola said the initiative could generate more than 30,000 direct and indirect jobs in shipyards, marine engineering firms and maritime logistics companies, while strengthening Nigeria’s domestic ship-owning and shipbuilding ecosystem.
The Minister said the Federal Government’s decision to commence the disbursement followed President Bola Ahmed Tinubu’s authorisation to address the long-standing financing challenges confronting domestic maritime operators and unlock the economic potential of the blue economy.
He recalled that in April 2025, he directed NIMASA to commence the process for the disbursement of the CVFF, marking what he described as a decisive break from years of administrative delays.
The process gathered momentum with the launch of the CVFF Application Portal in Lagos on January 22, 2026, providing a structured and transparent platform for eligible Nigerian shipowners to apply for financing.
Oyetola also expanded the number of PLIs from five to 12 in a bid to accelerate the processing and disbursement of the fund.
Beyond vessel financing, the Minister said the Federal Government was investing in the development of Nigerian seafarers through expanded training, certification and welfare initiatives.
He disclosed that 222 seafarers had received free training in basic and advanced professional courses, while 333 cadets had completed their academic training and obtained degrees.
Under the Nigerian Seafarers Development Programme (NSDP), he added, 135 cadets had completed the programme and obtained their Certificates of Competency (CoC).
Oyetola further disclosed that 7,059 Nigerian seafarers had been placed onboard vessels to acquire sea-time experience.
He said the interventions were part of the Federal Government’s broader strategy to build a competitive maritime workforce, strengthen indigenous capacity and ensure that Nigerians benefit directly from opportunities in the blue economy.
The Minister said the ongoing CVFF process represented an important step towards repositioning Nigeria’s indigenous shipping industry after years of limited access to maritime finance.
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