Connect with us

NEWS

AfCFTA: ACCI Urges FG to Declare Emergency on Export Mobilisation

Published

on

Share

By Tony Obiechina, Abuja

The President of the Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar, says Nigeria as a nation facing low export and high import and stiff competition from over 50 countries under the AfCFTA, must take export mobilisation as an emergency.

Speaking at the official opening of 16th Abuja International Trade Fair themed, Exploring Opportunities of the African Continental Free Trade Area (AfCFTA), in Abuja yesterday, the ACCI President called on the Federal government to summon leaders of agencies in the export sector to enforce single desk clearance for exporters.

“This is the only way to ensure Nigeria’s competitiveness and strength as the biggest economy on the continent,” he said.

Abubakar maintained that for Nigeria to benefit from AfCFTA and retain her position as the biggest economy on the continent, “we must continue to work to improve our records on ease of doing business.

“In addition to the action plans already created by AfCFTA Committee, a deliberate emergency action must be taken to ease the export process, ensure a single export clearing desk for exporters, force regulators to become facilitators and declare export facilitation as a national emergency,” he added.

The ACCI president said the importance of the AfCFTA is underscored by government’s support towards preparing the country to exploit the opportunities the platform has provided, adding that as Nigeria is grooming the business class for continental trade, “other African nations are also in the same race”.

“As a Chamber, we have embarked on series of activities to strengthen the capacity of our members and the private sector as a whole to be strong players at continental level. Through our four centers, we emphasize capacity training  for export market, trans-national alternative dispute resolution,  programme for pro-business policy and gathering together of stakeholders”, he said.

In her remarks, the Director General of ACCI, Victoria Akai emphasised the importance of the Trade Fair adding that in the last five years, the Chamber had embarked on a commitment to improve the quality of its trade events, first through improving its infrastructure and then engaging MICE expertise, with the intention to eventually upgrade the delivery of our events to world class standards and to align with current realities of business.

According to her, the Tradefair has had successive influence on the local economy, first by the initial injection of exhibition spending through spending from companies involved directly in the exhibitions and from exhibitors and visitors.

“The Abuja International Trade Fair provides a major trading platform with hundreds of businesses marking it as a ‘must attend annual event’. The level of business transactions is very high, thereby helping to increase consumer appetite.

“On another level, the fair is assisting the Nigerian government to properly position the SME sector for the export market. The standard of product packaging and the quality of products now on display show that Nigeria is indeed prepared and ready to take advantage of huge opportunities offered by AfCFTA.

“The fair is thus a major contributor to the facilitation of trade both locally and internationally. The fair is always the right place for business networking, buying and selling. This year’s trade fair offers the opportunity to shop, interact and gain more business knowledge that will help expand enterprises. With the world gradually coming out from the COVID-19 pandemic, this will help open up opportunities for businesses to recover from what they lost during the pandemic,” the DG said.

The Fair which commenced on the 30th of September, was officially declared open on Monday and attracted over 250 Exhibitors, including local and international participants. It was attended by both State and non state actors including members of the diplomatic community.

NEWS

Ukum Elders Back Youths, Give Suswam 7-Day Ultimatum to Tender Apology over Alleged Derogatory Remarks

Published

on

Share

By David Torough, Abuja

Some elders of Ukum in Benue State have thrown their support behind the actions of the youths by affirming to reinforce the call for apology from Sen. Gabriel Torwua Suswam over his alleged derogatory remarks against the people of the area.

According to a statement from the elders signed by Col.

Edwin Jando (Rtd.) and 15 others said, for the sake of clarity, that it is important to remind Sen.
Suswam that the protests that occurred during Governor Hyacinth Alia’s visit to Ukum were as a result of cumulative grievances.

The elders maintained that brutal killing of innocent, law-abiding members of the Ukum land, including women and children, over an extended period persisted without any visible concern or intervention from the state government.

They said, it’s so annoying that the governor visited Akpuuna following the incident in which over 34 people were killed, but nothing came of the promises he made.

“When people were killed at Gbagir, the governor’s visit, initially thought to be a condolence visit, turned out to be a rebuff of Senator Udende, demanding an apology from him and the withdrawal of a bill he sponsored at the National Assembly concerning the killings in the state by Fulani herders and the need for an anti-open grazing law.

“At Ayati town, over 100 people were killed by the same Fulani herders/militias, yet the governor did not visit or send a message of condolence. Every family was left to bury their dead.There were several other similar killings in other parts of Ukum that the state government chose to ignore.

“Most of the council wards in Ukum are now displaced, and the government has not deemed it necessary to even create an IDP camp to accommodate the displaced people. The displaced have found refuge in very unpleasant conditions and are undergoing numerous difficulties.

“The killings that prompted the governor’s visit to Ukum on that fateful day, during his ‘mockery visit’, were even more disturbing. The influx of Fulani terrorists was noticed and reported to the appropriate authorities for several days. Nothing was done until they eventually struck, killing over a hundred people after five days of camping and planning at Chito.

“On the day of Governor Alia’s visit, it was disheartening to see that he was not accompanied by prominent Ukum sons or leaders from his government. The highest appointee of Ukum origin in his government, Hon. Paul Biam, the Chief of Staff was conspicuously absent. As elders, we view that as a missing link.

“Our question to ask is: If you were in the position of these youths or any other Ukum person would you have allowed the governor to bring this ‘medicine after death’? We understand and sympathize with the frustration of the youths. Ukum are peaceful and law-abiding people, but as the Tiv saying goes, “Ivo kpa ka wea dzer a i gbem iva nyimau” (even a goat will bite if persistently pestered).

“As elders of Ukum, we are deeply disappointed that Senator Gabriel Torwua Suswam has not spoken out during the numerous attacks, which claimed many lives, only to come afterwards to insult Ukum people over a genuine protest. Such a conduct does not reflect the respect and integrity expected of a leader.

“The blessings that have sustained his political career come from Ukum, his maternal homeland, and the blessings will turn to curses if he fails to publicly apologize within one week of this publication.

“In view of the aforementioned, we stand in full solidarity with Ukum Young Elites and demand that Senator Suswam retract his statements and tender an unreserved apology to the Ukum nation within seven days”, the statement read.

Continue Reading

Foreign News

Taraba 2025 Appropriation Provides for Budget Funding Through Loans-Lawmaker

Published

on

Share

The Taraba House of Assembly has said that it’s approval for the Executive to secure a N350 billion bond from the Capital Market was in line with provisions of the 2025 appropriation law.Mr Jetro Yakubu, Majority Leader of the assembly, made the clarification on Friday while speaking to newsmen in Jalingo.

Yakubu revealed that the request to secure the loan was in tandem with the provisions of the 2025 appropriation bill passed into Law by the assembly.
He stressed that Gov. Agbu Kefas of Taraba had already indicated in the budget proposals his intention to fund part of it through loans from financial institutions.According to him, the request could only become abnormal if it is outside the budgetary provision.
Yakubu, who represents Wukari I State Constituency also noted that the assembly approved the loan because the governor had carried the it along right from the preparation of the Appropriation. “The governor is a leader that believes in carrying everybody along. He had already carried the assembly along right from when the appropriation was being prepared.“We don’t give approval for any loan that is not in the appropriation.“The governor is a very strategic thinker. The bond which is at N20 lbillion per year would be funded through Internally Generated Revenue (IGR) and not through Federal Accounts Allocation.“The governor is very passionate about stimulating the economy of the state so that the it can be viable to fund the bond,” he said.Daily Asset recalls that Kefas earlier requested an approval from the house of assembly to secure a N350 billion bond from the Capital Market.The legislators had since granted him the approval to borrow the funds. (NAN)

Continue Reading

NEWS

NDDC Seeks Legal Advocacy to Accelerate Niger Delta Development

Published

on

Share

The Niger Delta Development Commission (NDDC) has emphasised that legal advocacy on issues affecting the Niger Delta holds the potential to accelerate the region’s development.

Dr Samuel Ogbuku, Managing Director of the NDDC, made this assertion during the 2025 MOOT and Mock Trial Competition, which featured participation from 20 law faculties across universities in the Niger Delta.

This is contained in a statement issued by the commission’s Director of Corporate Affairs, Mrs Seledi Thompson-Wakama, in Port Harcourt on Friday.

Ogbuku, who was represented by Mr Boma Iyaye, NDDC’s Executive Director of Finance and Administration, underscored the role of legal advocacy in addressing the complex challenges facing the region.

“We are passionate about education, and as such, we remain committed to supporting the growth of education in the Niger Delta,” he stated.

He noted that the competition focused on key legal areas relevant to the region which included environmental law, oil and gas, and sustainable development.

Ogbuku also highlighted the commission’s investments in tertiary institutions, including the construction of hostels in various universities and polytechnics across the Niger Delta.

In his remark, Prof. Zaccheus Adangor, a former Attorney-General of Rivers, described the legal profession as noble, honourable, and learned.

He urged the student participants to demonstrate honesty, integrity, and good character throughout their career.

“Students must remain open to new ideas, as the legal profession requires deep and varied knowledge.

“Legal practitioners should also invest in continuous learning, acquiring both hard and digital copies of books, in their role as ministers in the temple of justice,” Adangor advised.

Also speaking, Justice Daketima Kio of the Rivers State High Court commended the NDDC for the initiative, expressing confidence that the programme would foster a more united and developed region.

He expressed optimism that the competition would serve as a springboard for aspiring legal professionals in the region to excel in their careers.

On his part, Mr Victor Arenyeka, NDDC’s Acting Director for Legal Services, explained that the competition was designed to prepare students to confront the specific challenges facing the Niger Delta.

He stated that participants were tested on environmental law, oil and gas, and sustainable development.

Arenyeka encouraged the students to seize the opportunity to broaden their legal knowledge and lay a solid foundation for successful careers in the legal profession. (NAN)

Continue Reading

Read Our ePaper

Top Stories

NEWS13 hours ago

Ukum Elders Back Youths, Give Suswam 7-Day Ultimatum to Tender Apology over Alleged Derogatory Remarks

ShareBy David Torough, Abuja Some elders of Ukum in Benue State have thrown their support behind the actions of the...

Foreign News21 hours ago

Taraba 2025 Appropriation Provides for Budget Funding Through Loans-Lawmaker

ShareThe Taraba House of Assembly has said that it’s approval for the Executive to secure a N350 billion bond from...

NEWS21 hours ago

NDDC Seeks Legal Advocacy to Accelerate Niger Delta Development

ShareThe Niger Delta Development Commission (NDDC) has emphasised that legal advocacy on issues affecting the Niger Delta holds the potential...

NEWS21 hours ago

TMSG Hails FG’s Cash Transfer to 15m Vulnerable Households

ShareThe Tinubu Media Support Group (TMSG) has hailed the fast-track disbursement of funds to 15 million households under the Conditional...

NEWS21 hours ago

UTME Glitches: Oloyede Deserves Commendation, not Condemnation, Says Group

ShareThe Muslim Ummah of the South West of Nigeria (MUSWEN) says Prof. Ishaq Oloyede, the Registrar,Joint Admissions and Matriculation Board...

NEWS21 hours ago

NAHCON Airlifts 20,515 Nigerian Pilgrims to Saudi Arabia in one Week

Share The National Hajj Commission of Nigeria (NAHCON) says it has transported 20,515 Nigerian pilgrims to the Kingdom of Saudi...

NEWS22 hours ago

Murder of Lawyer: Anambra NBA Orders Boycott of Sittings May 20-21

ShareThe Nigerian Bar Association (NBA) Anambra Chapter has condemned gruesome murder of its member, Mr Ifeanyi-Rolex Iloakasia.Iloakasia, a member of...

NEWS22 hours ago

Dada Highlights Milestones as FMC Medical Director

ShareDr Adedamola Dada, outgoing Medical Director of Federal Medical Centre, Ebute Metta, said the hospital exported its best practices to...

NEWS22 hours ago

Tinubu Commits to Curbing Insurgency

Share President Bola Tinubu on Friday reaffirmed the commitment of his administration to roundly countering insurgency in the country.The president...

NEWS23 hours ago

Nigeria’s Enemies’ll Soon be Brought to Their Knees — COAS

ShareThe Chief of Army Staff, (COAS), Lt.-Gen. Olufemi Oluyede, said the enemies of Nigeria would soon be brought to their...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc