NEWS
2024: ACCI Optimistic About Business-Friendly Policies

By David Torough, Abuja
The President of the Abuja Chamber of Commerce, Emeka Obegolu, has emphasized the opportunities presented by the New Year in his message to the business community in the Federal Capital Territory (FCT).
Ebegolu also Identifies 7-point Policy Agenda for Businesses in 2024.
In his New Year message, the leader of the Organized Private Sector in the FCT acknowledged the unfavourable business environment faced by businesses in the past year.
Obegolu noted that the business environment in 2023 was challenged by policies which include the high cost of operations resulting from the removal of fuel subsidies, foreign exchange volatility, multiple taxations, epileptic power, insecurity, domestic debts and amongst others.
He maintained that 2024 has presented the Government and stakeholders an opportunity to address these issues and prioritize the development of business-friendly policies that promote ease of doing business and foster economic growth.
The ACCI President called on the FCT Administration and all state governments to harmonize tax policies to prevent pressure on businesses that will lead to avoidable business failures.
He also called on the Government to give significant attention to improving the ease of doing business in Nigeria, as the country’s current ranking of 131 out of 190 economies according to the latest annual ratings by the World Bank was an indication that there was an urgent need for economic stimulation.
Obegolu highlighted the crucial role of Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria’s economy and emphasized the importance of enhancing access to finance with a reliable database of enterprises.
He stated that stable power supply was non-negotiable and encouraged sub-national entities to participate in power generation, distribution, and transmission.
He also highlights the need to bridge infrastructure gaps, particularly in the transportation sector, including railways, to reduce logistics costs.
Addressing security challenges, Obegolu commended the government’s efforts in tackling insecurity and emphasized the need for continued attention to the mining sector, which holds considerable potential for the country’s economic growth.
The President urged the Nigerian government to address the overlapping roles of various regulatory agencies.
Obegolu said that while regulatory oversight was crucial for maintaining standards and ensuring compliance, the current landscape witnesses multiple agencies carrying out similar functions, resulting in bureaucratic bottlenecks and challenges for businesses.
He assured the Government of the readiness of the private sector to engage positively and provide strategic support to the Government in the implementation of the 7-point agenda.
NEWS
NUJ Pushes for Media Enhancement Bill, Health Insurance for Journalists

The Nigeria Union of Journalists (NUJ) said it is working towards the passage of a Media Enhancement Bill to improve welfare packages for journalists across the country.
NUJ President, Alhassan Yahaya disclosed this on Wednesday during a media interactive forum organised by the Kano State Council of the union in collaboration with the State Ministry for Information and Internal Affairs in Kano.
The high-level media interactive dialogue was aimed at strengthening ethical standards and redefining public media narratives in the state.
Yahaya said the proposed legislation, already attracting sponsorship support from members of the House of Representatives, would address poor remuneration in the profession and enhance working conditions.
“We blow other people’s trumpets but not ours. It is time we stood firm and worked collectively to ensure the bill is passed,” he said.
Yahaya also advocated the introduction of health insurance for journalists, noting that less than one per cent currently have coverage.
“With a premium of N15,000 under the state health insurance scheme, journalists can access comprehensive healthcare from primary to tertiary levels, reducing out-of-pocket expenses and promoting universal health coverage,” he added.
The Kano State Commissioner for Information and Internal Affairs, Ibrahim Abdullahi-Waiya, said the state had embarked on wide-ranging reforms to strengthen media capacity, enhance transparency, and promote healthy communication between government and the citizens.
“These efforts, alongside stakeholder engagement and domestication of the Freedom of Information Act, have improved public information management and deepen civic participation,” Abdullahi-Waiya said.
He said the ministry had revived in-house publications, rehabilitated its library, and fostered cordial relations with media executives, political commentators and civil society groups.
NUJ Kano Chairman, Suleman Dederi, welcomed the A participants and emphasised the importance of engaging veteran journalists to improve professionalism in the state’s media space.
A former NUJ National President, Malam Sani Zoro, cautioned against the dangers of misinformation and the misuse of artificial intelligence, citing past examples of fabricated stories that went viral.
He urged the union to study global best practices, strengthen the International Institute of Journalism, and organise forums to address pressing professional and societal issues.
Stakeholders at the dialogue commended the Kano State Government for being widely acknowledged as the most media-friendly in Nigeria.
They cited significant investments in journalism-related infrastructure, human capital development, and clearance of pension arrears for retired journalists.
They recommended that similar dialogues be held quarterly, veteran journalists should mentor younger colleagues via online platforms, and continuous capacity-building programmes should be prioritised to enhance professionalism.
The event brought together veteran journalists, academics, and media practitioners to share experiences and review developments within the profession in Kano State and Nigeria at large.
NEWS
Tinubu Departs Abuja for Japan, Brazil Visits

President Bola Tinubu will depart Abuja on Thursday, August 14, for a two-nation trip to Japan and Brazil.
A statement by the presidential spokesman, Bayo Onanuga stated that the President will stop over in Dubai, United Arab Emirates, before proceeding to Japan.
According to the statement, in Japan, President Tinubu will attend the Ninth Tokyo International Conference on African Development (TICAD9) in the City of Yokohama from August 20 to 22.
With the theme “Co-create Innovative Solutions with Africa,” TICAD9 will focus on Africa’s economic transformation and improvements in the business environment and institutions through private investment and innovation.
It will also promote a resilient and sustainable African society for human security, peace, and stability.In addition to attending plenary sessions on themes linked to the conference, the Nigerian President will hold bilateral meetings and meet the chief executive officers of some Japanese companies with investments in Nigeria.
Initiated in 1993 by the Japanese government and co-hosted by the United Nations, UNDP, the African Union Commission, and the World Bank, TICAD is a triennial conference held alternately in Japan and Africa. The last one took place in August 2022 in Tunisia.
The forum fosters high-level policy dialogue between African leaders and development partners.
At the end of the TICAD9, President Tinubu will leave for Brasilia, the capital of the Federative Republic of Brazil, on a two-day state visit from Sunday, August 24, to Monday, August 25.
This follows an invitation by the Brazilian President, Luiz Inacio Lula da Silva.
While in Brazil, President Tinubu will hold a bilateral meeting with his host and attend a business forum with Brazilian investors.
His delegation—comprising key ministers and senior officials — will explore opportunities to strengthen cooperation and sign agreements and Memoranda of Understanding (MoUs) with the Brazilian government.
NEWS
Auto Crash Claims Two in Bayelsa

From Mike Tayese, Yenagoa
Two persons, a tricycle driver and his passenger (woman) were killed in a fatal road accident, along the Glory Drive roundabout, Etegwe, Yenagoa in Bayelsa State.
The multiple road crash, involving a Mack truck, a Silver colour salon car and a commercial tricycle popularly known as Keke Napep, which occurred Wednesday around 2.
05pm left others injured.According to eyewitnesses, the truck was at high speed when the driver lost control and rammed into the tricycle causing multiple crashes.
“The driver was moving too fast, and by the time he tried to swerve, it was already too late. The Keke had no chance,” said a trader, who witnessed the crash.
“The Keke driver and his passenger died on the spot, while others in the saloon car sustained injuries.
“The violent impact left the tricycle badly mangled. Good Samaritans rushed to the scene, pulling survivors from the wreckage and transporting the injured to the Federal Medical Centre, Yenagoa.
The bodies of the deceased were later evacuated and deposited at the morgue of the FMC while the truck driver is in police custody.
A Senior Officer of the Federal Road Safety Corps (FRSC) in Bayelsa, who spoke anonymously confirmed the accident.