Segun Runsewe: How Nigeria Lost China’s $300 Million for Abuja Cultural Market Development

Charles Ajunwa 

Former Director General, National Council for Arts and Culture (NCAC), Segun Runsewe, has revealed how Nigeria lost $300 million from the Chinese government meant for the Abuja Cultural Market Development.

Speaking at the 2025 Association of Nigerian Journalists and Writers of Tourism (ANJET) Award ceremony held recently in Lagos, he argued that Nigeria’s tourism sector was lagging. 

He explained: “I want to be quoted. One project we did, and you will be shocked to hear today, is our cultural market in Abuja. The Chinese government gave us $300 million as a grant to develop the place. They started saying, How do we collect the money?

“When I heard what was going on, I took a flight from Nigeria to China. And I went to see the Chinese Minister of Culture and Tourism. He said, Otunba, sit down. This money has been kept there for six years, Nigeria didn’t utilise it. We have taken it to Uganda. Yes, quote me. I almost collapsed in his office. Why are we wicked to ourselves? 

“We need to also ask another question: Before I left office as Director General, National Council for Arts and Culture (NCAC), some of you reported that story too. I found out that the whole world is moving to the next level. What’s Nigeria doing?

“I approached the Chinese ambassador.  He said, ‘what do you want? I said, I want you to help me train some Nigerians who want to be big brands. And the ambassador gave me a ticket and everything I needed to visit China.

“I went and sat down with the officials. From the whole country, we were to take 100 youths from each state of Nigeria, making 3,700 with other officials totalling 4,000. Chinese government was to give us accommodation free and they are going to support us with some utilities. But the governors of each of these youths will only pay for their tickets. And because somebody is not going to benefit from it, they made sure it didn’t happen,” he revealed.

Runsewe, who sat together with former Minister of Culture and Tourism, Ambassador Frank Ogbuewu; and Director General, National Institute for Hospitality and Tourism, Dr. Abisoye Fagade, said: “For me, I’m almost tired of talking because there’s no action. Our country is not taking tourism seriously.” 

He added: “People think tourism is only moving from one place to the other. I will just reveal a few things. How many of you know Pastor TB Joshua? TB Joshua was selling religious tourism, and nobody keyed into it. When TB Joshua is having his conference in Lagos, there were over 20 private jets packed at the airport.

“There is religious tourism and we have not tapped into it. We see them as pastors. Yes, pastors doing their job. But there is a content of tourism in what they are doing. If this country gets tourism right, we shouldn’t have a single child looking for job. After agriculture, tourism is the biggest employer of labour.

But we are still playing games, we are still telling ourselves stories. We are still giving the boys jobs to come and learn on the field.

“There is no way you can play Arsenal or Manchester United and carry players who just started yesterday. They will beat you silly. You won’t even see the ball for 90 minutes.

“Let’s look at medical tourism. Egypt and India are now taking over medical tourism and they have turned their hotels to hospital beds. Same after 9-11, I went to America, they told me, if I want to know how the plane entered the building, it’s $100. They turned tragedy into tourism brand. What are we doing in Nigeria? We are still wasting time. Someone will come up with a good brand, and the only thing some people want to do is to kill that brand.

“Look, we have killed our best in this sector. And I want to beg everybody here, enough of this fighting among ourselves. It won’t take us anywhere. I don’t fight anybody. We must change our attitude to building a big brand. The only secret remaining to developing Nigeria, in extension, Africa, is culture and tourism.”

​  

  • Related Posts

    INEC Officials Arrive Polling Units in Awka, Begin Set up of Booths

    INEC Officials Arrive Polling Units in Awka, Begin Set up of Booths

    By David-Chyddy Eleke

    Officials of Independent National Electoral Commission (INEC) have finally arrived some polling units in Awka, the state capital for today’s election.

    At Agu Awka, polling units 008 and 022 at Aroma, Awka South Local Government Area, shouts of victory by expected voters.

    Officials are already pasting names of eligible voters, preparatory commencement of voting.

    ​  

    By David-Chyddy Eleke Officials of Independent National Electoral Commission (INEC) have finally arrived some polling units in Awka, the state capital for today’s election. At Agu Awka, polling units 008

    Read more

    INEC Officials Yet to Arrive Polling Units Close to Commission’s Headquarters

    INEC Officials Yet to Arrive Polling Units Close to Commission’s Headquarters

    By David-Chyddy Eleke

    Despite assurances that voting would commence at 8am on Saturday, officials of the Independent National Electoral Commission (INEC) have yet to arrive at polling units in Awka as at 8:30 am.

    A visit to Agu Awka polling units 008 and 022 at Aroma Junction, just a few meters from the INEC headquarters showed that officials were yet to arrive.

    An accredited observers of the INEC from JDPC, a non governmental organization owned by the Catholic Church, Mr Charles Kwentoh, expressed disappointment at the lateness, despite assurances of beginning by 8am.

    ​  

    By David-Chyddy Eleke Despite assurances that voting would commence at 8am on Saturday, officials of the Independent National Electoral Commission (INEC) have yet to arrive at polling units in Awka

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Top 10 art galleries in Nigeria powering $254 million crafts market 

    Top 10 art galleries in Nigeria powering $254 million crafts market 

    Veritas Kapital swings to N1.8 billion profit in Q3 2025, beats forecast 

    Veritas Kapital swings to N1.8 billion profit in Q3 2025, beats forecast 

    AU rejects U.S. accusation of Christian persecution in Nigeria 

    AU rejects U.S. accusation of Christian persecution in Nigeria 

    Bridging Nigeria’s Housing Gap

    Bridging Nigeria’s Housing Gap

    JeGO Technologies Introduces EV, Zero

    JeGO Technologies Introduces EV, Zero

    Building Bridges for Local Creatives

    Building Bridges for Local Creatives

    Turkish Airlines Secures $412m Facility from Bank of China

    Turkish Airlines Secures $412m Facility from Bank of China

    Dufil Scales Up Investment in Tutors, Drives Innovative Skills

    Dufil Scales Up Investment in Tutors, Drives Innovative Skills

    Firm Announces New Solutions, Taps Partners to Deepen Energy Access

    Firm Announces New Solutions, Taps Partners to Deepen Energy Access

    Suzuki by CFAO Mobility Hosts Grand Open Day, Launches New Dzire, Jimny Tour Drive

    Suzuki by CFAO Mobility Hosts Grand Open Day, Launches New Dzire, Jimny Tour Drive

    Nestoil promoters accused of mounting judicial pressure to reverse court order 

    Nestoil promoters accused of mounting judicial pressure to reverse court order 

    Nigeria’s $2.3 billion Eurobond costly at 9%, says Nairametrics CEO 

    Nigeria’s $2.3 billion Eurobond costly at 9%, says Nairametrics CEO 

    Banks’ cash with CBN increases to N4.8 trillion as liquidity swells 

    Banks’ cash with CBN increases to N4.8 trillion as liquidity swells 

    Naira falls to N1,438.5/$1 at official market despite reserve gains 

    Naira falls to N1,438.5/$1 at official market despite reserve gains 

    Whistleblower alleges plot to transfer Nestoil debt case to ‘corrupt judge’

    Whistleblower alleges plot to transfer Nestoil debt case to ‘corrupt judge’

    Breaking: NGX bleeds N2.8 trillion in one week as investors dump stocks 

    Breaking: NGX bleeds N2.8 trillion in one week as investors dump stocks 

    NIMASA Boss: Judiciary Key to Realisation of Blue Economy Benefits 

    NIMASA Boss: Judiciary Key to Realisation of Blue Economy Benefits 

    Ellah Lakes capital raise on the NGX: An integrated agribusiness giant shifts into high gear 

    Ellah Lakes capital raise on the NGX: An integrated agribusiness giant shifts into high gear 

    Meta earns $7 billion yearly from scam ads on Facebook, Instagram – Report 

    Meta earns $7 billion yearly from scam ads on Facebook, Instagram – Report 

    Amazon extends haul’s ultra low-price shopping experience to Nigeria with new amazon bazaar app

    Amazon extends haul’s ultra low-price shopping experience to Nigeria with new amazon bazaar app

    60% HP Discount Codes & Coupons November 2025

    60% HP Discount Codes & Coupons November 2025

    Govee Discount Codes and Deals: 30% Off

    Govee Discount Codes and Deals: 30% Off

    Western Digital Promo Code: 10% Off

    Western Digital Promo Code: 10% Off

    Meta Quest Promo Codes: $50 Off | November 2025

    Meta Quest Promo Codes: $50 Off | November 2025

    Home Chef Promo Code: 50% Off

    Home Chef Promo Code: 50% Off

    Walmart Promo Codes and Coupons: $10 Off

    Walmart Promo Codes and Coupons: $10 Off

    Top Verizon Promo Codes & Deals | November 2025

    Top Verizon Promo Codes & Deals | November 2025

    Factor Promo Code: Up to $130 Off Meal Prep

    Factor Promo Code: Up to $130 Off Meal Prep

    How to Follow the Trajectory of Comet 3I/Atlas

    How to Follow the Trajectory of Comet 3I/Atlas

    Mexico City Is the Most Video-Surveilled Metropolis in the Americas

    Mexico City Is the Most Video-Surveilled Metropolis in the Americas

    COP30: Nigeria to mobilise $3 billion annually in climate finance – Shettima 

    COP30: Nigeria to mobilise $3 billion annually in climate finance – Shettima 

    AEDC lays off workers in major restructuring drive 

    AEDC lays off workers in major restructuring drive 

    NGX reaffirms leadership in advancing Africa’s Islamic finance ecosystem 

    NGX reaffirms leadership in advancing Africa’s Islamic finance ecosystem 

    Presco PLC announces N237 Billion Rights Issue to fund expansion and strengthen regional market leadership 

    Presco PLC announces N237 Billion Rights Issue to fund expansion and strengthen regional market leadership 

    UK’s immigration crackdown to cost $5.7 billion, Home Office warns 

    UK’s immigration crackdown to cost $5.7 billion, Home Office warns 

    Wale Edun: $2.35 billion Eurobond raise reflects confidence in Nigeria’s economy 

    Wale Edun: $2.35 billion Eurobond raise reflects confidence in Nigeria’s economy