News Agency of Nigeria
FCTA unveils new plan for FCT-IRS as sole revenue collector

FCTA unveils new plan for FCT-IRS as sole revenue collector

By Philip Yatai

The Federal Capital Territory Administration (FCTA) has unveiled a Strategic Plan for delegation of duties and responsibilities of revenue collection to the Federal Capital Territory-Internal Revenue Service (FCT-IRS).

Mr Adesola Olusade, Permanent Secretary in charge of FCTA, unveiled the plan during a stakeholders’ meeting in Abuja on Tuesday.

He disclosed that a Project Management approach was adopted to ensure the successful execution of the delegation.

According to him, the approach, known for its well-structured, organised, and systematic processes, will guide the FCT-IRS through the transition, adding that it would provide a clear roadmap for implementation.

Olusade said that part of the implementation structure was a Project Steering Committee (PSC), previously known as the Implementation Committee.

He explained that the committe would be chaired by the Permanent Secretary, FCTA.

Olusade added that the committee will consist of the Chairman of FCT-IRS and Chairmen of the Area Councils, among others as members.

He noted that the policy decisions of the PSC would be implemented by the project implementation committee to be chaired by the Chairman, FCT-IRS.

“Membership of the committee would be constituted and conveyed by the chairman.

“The PSC, which comprises key stakeholders would provide strategic direction, make critical decisions and ensure that the project achieves its objectives.

“Accordingly, the Project Steering Committee will provide strategic direction, decision making, monitoring and oversight, risk management and communications among other functions,” he said.

Olusade explained that the decision to harmonise all revenues and centralise collection at the FCT-IRS was in the best interest of the territory and its people.

He further said that decision was the outcome of an extensive deliberation by relevant stakeholders.

This, he said, was part of a commitment to enhance the efficiency, transparency, and effectiveness of the territory’s revenue collection system.

He commended stakeholders for embracing the idea, and described it as a “point of no return” in the shared journey to promote sanity in revenue collection in the FCT.

In his remarks, FCT-IRS Acting Executive Chairman, Mr Haruna Abdullahi, said that the delegation of all revenue collection to a single entity was borne out of the resolutions of the “Akure Accord”.

Abdullahi said that the development marked a significant step toward creating a more business-friendly environment that would attract investment, stimulate growth, and create job opportunities.

He described the decision as “strategic” in ensuring efficient, transparent, and effective revenue collection system for a prosperous FCT.

According to him, the centralisation of revenue collection under the FCT-IRS will eliminate duplication of functions, reduce administrative cost, and streamline revenue collection processes.

“It will also ensure that all revenue collection activities are coordinated, thereby, reducing the potential for errors, saving cost, and preventing leakages.

“Also, accountability is guaranteed when a single entity is responsible for revenue collection, serving as a one-stop shop for all revenue transactions and audits.

“This will build taxpayers’ trust, encourage voluntary tax compliance, attract more businesses and investment needed to stimulate economic growth,” he said

The FCT-IRS boss added that the centralisation of revenue collection would promote efficient data collection and analysis for decision making.

He said that data would provide valuable insights into revenue trends, taxpayer behaviour, potential areas of improvement in the tax system and support accurate revenue forecasting.

“This will help the FCT to plan and make its budget more effective,” he said.

On his part, Mr Danladi Chiya, Chairman of the FCT Association of Local Government of Nigeria, pledged the support of the association toward the success of the harmonisation project.

Chiya promised that the six Area Councils’ Chairmen would work to ensure that FCT-IRS succeeds. (NAN) (www.nannews.ng)

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Edited by Polycarp Auta

UNFPA seeks end to female genital mutilation in Lagos

UNFPA seeks end to female genital mutilation in Lagos

By Oluwafunke Ishola

The United Nations Population Fund (UNFPA) has appealed to parents and community leaders to desist from female genital mutilation (FGM) practices.

Ms Ulla Mueller, Nigeria Country Representative, UNFPA, said this during a sensitisation walk against FGM and Gender-Based Violence (GBV) at Ashogbon community in the Bariga area of Lagos on Tuesday.

The programme was organised by the UNFPA in collaboration with Action Health Incorporated (AHI), an NGO dedicated to promoting young people’s health and development.

Female genital mutilation (FGM) is a traditional harmful practice that involves the partial or total removal of external female genitalia or other injury to female genital organs for non-medical reasons.

Mueller said that FGM was one of the forms of GBV deeply rooted in traditional understandings of purity and chastity but causes irreparable pain and health problems to women and girls.

She noted that United Nations data estimated that over 200 million girls and women have undergone FGM globally.

According to her, FGM remains widespread in Nigeria with an estimated 20 million survivors, and Nigeria accounts for the third-highest number of women and girls who have undergone FGM worldwide.

Mueller said that the FGM/GBV walk aimed to increase public awareness of FGM practices, laws, and risks associated with FGM, and dissuade community members from FGM practices.

“There’s no health benefit in FGM. We came to Ashogbon market and its environment to sensitise the people about the health impact of FGM.

“The community is one of the communities with the highest prevalence of FGM in Lagos State,” she said.

Mueller said that FGM has physical, mental health impact on women and girls, noting that it could lead to infection or future complications.

She added that FGM was a violation of women’s right, stating that the sensitisation would empower members of the community with the various ways to respond to and prevent GBV.

Also, Mrs Titilola Vivour-Adeniyi, Executive Secretary, Lagos State Domestic and Sexual Violence Response Team, said Lagos has zero tolerance for FGM and GBV.

Vivour-Adeniyi said that the state government had demonstrated the political will to eradicate the malaise of FGM and GBV from the state.

“We have put in support systems to ensure that in the unfortunate event that it does occur, survivors are able to access quality care, however, we believe greatly in prevention.

“And one of the ways you can prevent it is by creating awareness. And that’s why we are very glad to partner with UNFPA and AHI for this programme,” she said.

Similarly, Mrs Adenike Esiet, Executive Director, AHI, said in spite of the severe short-term and long-term physical and psychological consequences of mutilation, FGM was often practised in the belief that it was beneficial for the girl.

Esiet said that changing gender and social norms that encourage FGM was critical.

“Ending GBV is a public good that benefits individuals, families and communities in many ways,” she said.

She noted that the goal of the programme was to contribute to the elimination of FGM in Lagos and Nigeria, and assist achieve the target of ending FGM by 2030.

The Baale of Araromi/Ashogbon Community, Chief Patrick Moleyin, commended the organisers, saying that community leaders would intensify efforts in sensitising the residents on desisting from FGM practices. (NAN)

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Edited by Chinyere Joel-Nwokeoma

World Bank to boost Nigeria’s electrification project with 0m – Official

World Bank to boost Nigeria’s electrification project with $750m – Official

By Constance Athekame

The World Bank said on Tuesday that it planned to commit additional 750 million dollars to deepen Nigerians access to electricity through the Nigeria Electrification Project (NEP).

Ms Elizabeth Huybens, the World Bank’s Director of Strategy and Operations for Western Central African Region, said this while inspecting the 60 KiloWatts Mini Grid Project in Kilankwa Community, Kwali Area Council of Abuja.

The project is being implemented by the Rural Electrification Agency (REA) through NEP.

“This is our first national electrification project we see at work here, about $350 million is coming to a close, and we are preparing a successor project that will be $750 million.

“ We are definitely extending our support to something that we think is critical and Nigeria is leading the world in small grid development,” she said.

Huybens said that the Kilankwa project would assist the country in providing access to electricity to more people faster than it could have done by just extending the national grid.

“So, I am very impressed that the grids in small communities works and there is also the foresight to think about how one can fully optimise the use of the electricity generated to expand productive activities.

“Like the rice mill that we have just seen, I hope that in future, we will see a lot more of that,” she said.

The director said that the project was considered because the bank believed that access to electricity by all was one of the most important goals to pursue by any country.

According to her, without electricity, it is hard to think about how communities can live, adding that kids cannot study at night.

“We cannot move toward electric vehicles, if we don’t have electricity. In fact, you cannot even charge your cell phone without electricity.

“So, it is hard for me to think about modern life without electricity and it is hard for me to think about reducing poverty without access to electricity.

”And since the World Bank’s overarching goal is to help countries eradicate poverty, we need to help them provide access to electricity for its population,’’ Huybens said.

The Managing Director, REA, Mr Ahmad Salihijo, said that the project was currently serving about 300 households and businesses.

Salihijo said that the project was developed by the World Bank under the Performance-Based Grant of NEP.

“This has been operational for some time now. So, we are privileged to have come here with the World Bank team to see how it is performing.

“We are working on ensuring productive use and also that we have energy-efficient equipment connected to the mini grid,” he said.

One of the beneficiaries, Mr Ayuba Yabo, a Rice Miller, commended the Federal Government and the World Bank for bringing the project to their community.

Yabo said that the project had assisted him to reduce the cost of diesel to run his business and enabled him make more profit. (NAN)(www.nannews.ng)

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Edited by Chinyere Bassey/Oluyinka Fadare

Eid- Adha: NCWS urges Muslims to prayer for Nigeria

Eid- Adha: NCWS urges Muslims to prayer for Nigeria

By Dorcas Jonah

The National President, National Council of Women Societies (NCWS), Hajiya Lami Lau, on Tuesday called on Muslims and Nigerians in general to pray for divine direction for President Bola Tinubu’s administration.

Lau in her Sallah message said every true Muslim, especially women, should be grateful to God for the privilege to celebrate the 2023 Eid al-Adha irrespective of the economy challenges.

According to her, the Eid-al-Adha celebration serves as a reminder of the power of faith to bring people together, transcending borders, cultures, differences, and fostering a sense of shared humanity.

“As women, we have faith in President Tinubu’s administration that it holds better days for Nigerians and the women in particular, but we have to pray to God for divine intervention.

“Tinubu’s promise to feature women and youth “prominently” in his administration is a welcome development and an encouragement to Nigeria women to work with him.

“This is why we need to pray to God to keep the new government in focus and that nothing should disarray him and his team from attaining their vision,’’ she said.

Lau said that a World Bank report stated that women make up 49 per cent of Nigeria’s population, but have mainly remained underrepresented in the political space throughout the country’s history.

“As we celebration this festival, let’s have it in mind that we need more women in governance and we called on the president to consider women in his appointment of ministers, Director General of agencies and among key officers.

“If more women are given the opportunity to serve in various government positions, they will bring hope back to the masses and the society will benefit.

“There cannot be any meaningful development without an all-inclusive government of women, youths and persons with disabilities,” she said.

Lau said that the council has full confidence in the President and the first lady, as a patron of NCWS, that the 35 per cent promise of women inclusion in governance would be achieved.

The NCWS president said that there are lots of women technocrats that could fit into any position which the president could look into in his next appointments.(NAN)

Edited by Isaac Aregbesola

Ag. Customs C-G assures of simplified trade processes

Ag. Customs C-G assures of simplified trade processes

By Cecilia Ijuo

The Acting Comptroller-General of Nigeria Customs Service (NCS), Wale Adeniyi, has assured of his commitment to bringing an end the encumbrances experienced during trade.

Adeniyi gave the assurance when former Comptroller-General of Customs, retired Col. Hameed Ali, handed over to him on Monday in Abuja.

He said he would work towards simplifying trade processes, adding that encumbrances had impeded effective service delivery in the past.

According to him, Customs under his administration will build on the legacies of his predecessor, who piloted affairs of the service for almost eight years.

“We will build on the solid foundation you have laid for us and consolidate the things we are meeting on ground.

“We are going to engage very critically with our stakeholders and use innovative technologies to drive everything,” he said.

The acting comptroller-general said he would discharge his duties with utmost professionalism, fairness, transparency and integrity.

“This is the beginning of a new era in the Nigeria Customs Service.

“This call to duty signifies a great responsibility to serve our nation as a trade facilitator and enforcer of government policies.

“It demands professionalism, integrity and highest ethical standards,” he said.

The customs boss said the service had over the last seven years embarked on a transformation journey focused on reform, restructuring and revenue generation.

He said he would prioritise efficiency in service delivery, adding that it was the bedrock of trade facilitation and revenue generation.

He further said he would ensure career advancement, staff welfare, technological advancement, and collaboration with other government agencies and relevant stakeholders.

“We will promote dialogue for more efficiency, effectiveness and ensure transparency, fairness, equity, integrity as well as consolidation of the modernisation process.

On challenges, Adeniyi said “we face emerging trend like criminal networks that requires our utmost attention.

“We must adapt to this changing landscape by collaborating with international partners, law enforcement agencies and customs administrations of other nations.”

The acting comptroller of customs said he would work towards implementating the new Customs Act.

He thanked President Bola Tinubu for his appointment, adding that he would be committed to the success of the service and the nation at large.

Adeniyi said he would be fair to all, show respect to all and ensure that he left Customs better than he met it.

On policies of his predecessor, Adeniyi said Ali’s effort at revamping the service was well appreciated, saying “you discharged your duties to the best of your ability.

“Some of us think you are too hard. However, we cannot take away the fact that you are a firm leader,” he said.

The acting comptroller said one of the major lessons he learnt from Ali was, “as a leader you need to be firm.”

He said the service made progress in terms of processes, training and retraining among other things during Ali’s tenure.

In his remarks, the former Customs comptroller-general said it was important for Customs officers to uphold professionalism and integrity.

He said that “Customs is one of the most critical, professional and technical service in the world.

“We have been able to build the service to be respected.

“There were obstacles no doubt, but we did our best within our capacity to reposition it.

“If there is any legacy I want to leave behind it is honour and integrity and we must put God first in whatever we do.”

He further said, “Our policeman as humans is our conscience and it will tell you if the decision you want to take is right or wrong”.

He said he was happy with the fact that Adeniyi was chosen as his successor, adding that he had the qualities to continue from where he stopped.

The News Agency of Nigeria (NAN) reports that the high point of the event was presentation of gift item to the former comptroller-general.

NAN further reports that Adeniyi is the 14th indigenous comptroller-general of customs and 31st since its establishment in 1891. (NAN)(www.nannews.ng)

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Edited by Ismail Abdulaziz

Group drums support for Tinubu’s administration

Group drums support for Tinubu’s administration

By Kingsley Okoye

The Neighbourhood Economic Development Foundation (NEDF) has urged Nigerians to be positive-minded at all times and support the present administration.

President and Founder of the foundation, Mr Taju Dolapo, said in a statement that it was better to have a positive mindset based on the laudable policies of President Bola Tinubu’s administration, rather than focus on the difficulties.

Dolapo said that positive mindset followed by positive actions would yield positive results, individually and collectively to the nation.

He said that the recent moves and policies by Tinubu were strategic in order to strenghten the institutions and help erradicate poverty, ineptitude and all negative tendencies from the country.

Dolapo solicited the support of all Nigerians for Tinubu and all other arms of government for the collective good of all.

“I call on the private sector, government at all levels, philanthropists and all men and women of goodwill, including the friends of Nigeria, to support the Tinubu administration.

“This support will ensure maximum reach to our people and an enduring success of the administration.

“On our part as a foundation and as our contribution to the peace and development of our dear country, Nigeria, we will continue to promote positive mindset through our ‘God Bless Nigeria’ initiative by God’s grace,” he said.

Dalapo further said that all hands must be on the deck for the country to achieve success and triumphs. (NAN) (www.nannews.ng)

Edited by Muhammad Suleiman Tola

Address Homes Chairman, Onasanya donates classrooms, library to Lagos community

Address Homes Chairman, Onasanya donates classrooms, library to Lagos community

By Idris Olukoya

Dr Olabisi Onasanya, Chairman, The Address Homes Ltd., has donated a block of six classrooms and a fully equipped library to Ilara Kingdom, Epe, Lagos State to drive inclusive and impactful educational activities and services for Epe residents.

The News Agency of Nigeria (NAN) reports that the donated classrooms and fully equipped library was inaugurated by Oba Olufolarin Ogunsanwo (Telade IV), the Alara of llara Kingdom, on Monday in Lagos.

Onasanya, a former Group Managing Director, First Bank of Nigeria Ltd., lauded the traditional ruler for his cooperation and commitment to the development of the community.

He said the donation was driven by his resolve to ensure that no child would be disadvantaged to getting excellent basic education.

Onasanya noted that by United Nations Children’s Funds (UNICEF) reports, only 61 per cent of children between ages six and 12 were in primary school, saying the statistics was sad.

He reiterated his commitment to ensuring that no child would miss quality education or walk long distances to get same.

“As individuals, we should always remember where we are coming from and understand that God and the society has been kind to us.

“As a result, we must in addition to giving glory to God give back to the society.

“This is to thank the community and restate my commitment to more projects that would impact education and the general wellbeing of children,” he said.

In his remarks, Oba Olufolarin Ogunsanwo (Telade IV), described education as the bedrock of any economy, saying when you educate a child, you educate a full nation.

He stated that one of his plans upon becoming king of Ilara Kingdom was to bequeath a standard education system for the community.

Ogunsanwo lauded the Lagos State Government for the timely approval of the project and appreciated the efforts of all stakeholders in providing the facility needed to improve the education system in the state.

“It is more important to educate a child than to say you are leaving assets for your children because if a child is not properly educated, that asset you think you are leaving maybe mismanaged.

“As for this school, everything needed in a modern primary school is available alonsides a school field for sports activities.

“We, however, call for more donations and sponsorships to the location such as solar to power the e-library, so that the standard education the children deserve can be delivered,” he said.

President, Rotary Club, Lagos, Ren. Joseph Akhigbe, described education as a powerful agent of change which improved health and livelihoods, contributed to social stability and delivered long-term economic growth.

Akhigbe said the commissioning was hinged on one of the seven focus areas of Rotary Club which includes peacebuilding and conflict prevention; disease prevention and treatment; water, sanitation, and hygiene; maternal and child health; basic education and literacy; and community economic development.

He stressed that it was every child’s right to have access to quality primary and secondary education.

“Basic education and literacy is one of Rotary’s seven areas of focus and the Rotary Club aims to see that members of every community have access to basic education.

“It is for this reason that the Rotary Club of Lagos decided to embark on this project.

“Convincing Dr Bisi Onasanya to sponsor the construction of this project was as easy as it can get and seeing the building standing solidly with its fine finishing is a proof of the good work that the Address Homes is known for.

“Thank you for writing your name in the heart of the people of Ilara and humanity at large and we thank His Royal Majesty for donating the land for this project and for his support,” he said.

Permanent Secretary, Ministry of Education, Lagos, Mr Abayomi Abolaji, said education was a social responsibility which should not be left to government alone.

Abolaji averred that every child was valuable and that every nook and cranny within the state must be availed quality education to drive long term growth and development.

“This is to let you know that the Lagos State Government is ready to support individuals and stakeholders to provide quality education even in the remotest areas of the state.

“Just give us land and we would be there to plant schools in line with the zero project that makes sure every child gets quality education.

“I urge us to take advantage of the adopt-a-school or adopt-a-child initiative to further drive inclusive education.

“It does not have to be a full school but could be just a library, a block or anything to add to the educational standards in the state,” he said.

The Managing Director, Bank of Industry (BoI), Mr Olukayode Pitan, represented by Mr Obaro Osah, Divisional Head, Small and Medium Enterprises (SME), lauded the community for their peace and cooperation in the delivery of the project.

He said the BoI would continue to support initiatives as this as part of its Corporate Social Responsibility to develop man power.

“Man power creation and development is very critical to the institution and this project is for the children and those coming behind to have a good opportunity to learn and become global citizens.

“The library would be a data point of knowledge to enable the children add value and build the Nigeria of our dreams,” he said.

NAN also reports that the Alara of llara Kingdom bestowed chieftaincy title of Bajiro of Ilara Kingdom on Akhigbe and the Akinrogun of Ilara Kingdom on Onasanya. (NAN)(www.nannews.ng)

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Edited by Chinyere Joel-Nwokeoma

Armed Forces reforms on course- Perm sec

Armed Forces reforms on course- Perm sec

By Deborah Coker

The Permanent Secretary, Ministry of Defence, Dr Ibrahim Kana, says the implementation of the reforms of the Nigerian Armed Forces is on course.

Kana said this Monday in Abuja when he received the Chief of Defence Staff, Maj.-Gen. Christopher Musa, who led the new service chiefs on a visit to the ministry.

He said that the reforms were started by the previous administration of former President Muhammadu Buhari.

Kana said that the ministry would continue to carry the military hierarchy along in the implementation of the reforms.

“Specifically, I have to say that one of the things we are going to pursue along with the services is the reform of the armed forces, which the past President has approved and we have commenced implementation.

“Basically some of the key issues mentioned here in the reform of the Ministry of Defence and the Armed Forces, is the establishment of the Octagon.

“We know in America we have what is called the Pentagon. In Nigeria, our leaders that came together under the reform committee choose to create what’s called Octagon.

“Octagon is an institution whereby civilians and military work hand in hand to see to the provision of security to the nation.

“We are committed to that implementation.”

The permanent secretary also said that the ministry was committed to supporting government by contributing to the growth of the economy.

“We are committed to the deep blue services of Nigeria. Nigeria is covered by waters and there is no reason why the military cannot support the country through the waters.

“As a matter of fact, some countries don’t have oil, some countries majorly depend on maritime, which is called the blue economy.

“We have not stopped committing ourselves to supporting the country in the blue economy, and also the insecurity in the Niger Delta and oil theft.

“We will continue to work as a team along with other security agencies to ensure peace in the Niger Delta.”

The Chief of Defence Staff (CDS), Maj.-Gen. Christopher Musa and Dr Ibrahim Kana, Permanent Secretary, Ministry of Defence. when he paid a courtesy visit to the permanent secretary in Abuja

Kana also said that the ministry was committed to the development of Nigeria’s military industrial complex, through the Defence Industries Corporation.

“We will see how Nigerians should be employed in the production of arms and amunitions in our country to not only support the economy but also make us self-sufficient in the production of arms and ammunition.”

He commended the contributions of professionals in the military,  such as doctors, nurses, pharmacists, especially during the COVID-19 pandemic.

The permanent secretary, therefore, said Nigerians expect a lot from the armed forces.

He noted that the service chiefs had started on a very good note, “because the President had made his mandate very clear and what he wants to achieve.

“We will be part and parcel of this from the outside,” he added

Earlier, the CDS said that they were in the ministry on familiarisation visit and to assure that the military was committed to achieving the mandate of President Bola Tinubu

“We are here to familiarise ourselves with the ministry, to show our commitment to the set goals of the ministry.

“We assure you all that we are committed to ensuring that we achieve the mandate of the President.” (NAN) (www.nannews.ng)

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Edited by Maharazu Ahmed

Gov. Sule, Akume others laud Wadada’s initiative for orphans

Gov. Sule, Akume others laud Wadada’s initiative for orphans

By Olukayode Babalola

Gov. Abdullahi Sule of Nasarawa State and other dignitaries have commended the Founder, Keffi Polo Ranch, Sen. Ahmed Wadada (SDP/Nasarawa West) for organising a tournament in support of orphans.

Sule gave the commendation in an interview with newsmen at the grand finale of the 11th edition of the Keffi Polo Ranch Tournament for orphans in Keffi Local Government Area of Nasarawa State, on Sunday.

The News Agency of Nigeria (NAN) reports that the five-day democracy tournament in support of orphans organised by the Keffi Polo Ranch was sponsored by the Flour Mills of Nigeria, Co-sponsored by the Keystone Bank and supported by the Nasarawa State Government.

Represented by his Deputy, Dr Emmanuel Akabe, the governor thanked Wadada for his commitment in providing viable platforms such as the polo tournament to elicit support for the orphans and less privileged in the society.

“We thank him for his courage and commitment to this project and you can see it is a game that has brought people from all over Nigeria to converge here.

“From the North to the South and middle part of this country, we are all here to witness this event and join Wadada in supporting orphans.

“Our administration will continuously support the tournament because we believe in it. The Keffi Polo Club tournament is a platform to engender unity among the diverse groups in Nigeria.

Some Royal father’s at the tournament

“That’s why every year if I am unavailable, my deputy will represent me at the event. We believe in it and we believe in the unity of Nigeria.

“We are proud of this initiative and we are proud of our son, the distinguished senator,” he said.

Sen. George Akume, Secretary to the Government of the Federation (SGF) also applauded Wadada for not allowing any obstacle derail him from constantly organising the tournament to elicit support for orphans.

The Secretary to the Government of Federation (SGF), Sen. George Akume, with Senator Nazifi Gamawa, and the National Chairman of the Social Democratic Party (SDP), Alhaji Shehu Gabam, at the Tournament.

Akume said that Wadada’s compassion and desire to improve the lives of his people especially orphans and the less privileged was commendable and should be emulated by other well meaning Nigerians.

The SGF assured that the administration of President Bola Tinubu was determined to alleviate the hardships of Nigerians and called on Nigerians to support it.

Sen. Barau Jibrin, Deputy Senate President told newsmen that apart from supporting orphans, the tournament would also help to promote the game of polo among young Nigerians and get them engaged.

Barau described the tournament as a worthwhile initiative to assist the needy and promote the game of polo.

Wadada, in his remarks, said the tournament was dedicated to the orphans to generate awareness and support for their needs to live decent lives.

“We annually hold two tournaments and all for charity. One in support of orphans and the other in support of education.

”This is in support of orphans and that is why it is democracy celebration in support of orphans,” he said.

Wadada refuted insinuations that the game of polo was exclusively for the rich all persons can play it irrespective of status.

“The game of polo is not only for the rich but owning horses and being patron of a polo team is what the rich does.

“But playing it does not necessarily mean you have to be rich before you play it,” he said.

The founder vowed to continue to do whatever it takes to bring people together to alleviate the sufferings of the poor.

NAN reports that the tournament tagged “Democracy Tournament in Support of Orphans”, commenced on Tuesday,June 20th.

The tournament had in attendance several dignitaries including rep. Benjamin Kalu, Deputy Speaker House of Representatives, Alhaji Aminu Ado-Bayero, Emir of Kano and Dr Shehu Chindo-Yamusa III Emir of Keffi, among others. (NAN) (nannews.ng)

Edited by Peter Amine/Bashir Rabe Mani

UK to assist Nigeria achieve trade balance – Envoy

UK to assist Nigeria achieve trade balance – Envoy

By Fortune Abang
The British High Commissioner to Nigeria, Richard Montgomery has pledged the UK government’s commitment to creating a balance of trade with Nigeria.
Montgomery made the pledge in an interview with the News Agency of Nigeria (NAN) in Abuja in the course of his visit to the Managing Director of the agency.
Trade balance is the difference between the value of exports and the value of imports of a country.
If exports exceed imports then the country has a trade surplus and the trade balance is said to be positive.
But if imports exceed exports, the country has a trade deficit and its trade balance is said to be negative
The British envoy, therefore, said that exploring oil alone would not create adequate jobs for Nigerians.
He said that exploring the abundant opportunities in agriculture through investment in the sector would improve quality and productivity as well as create job opportunities.
According to him, the exportation of agricultural produce will improve diversification and the livelihoods of Nigerians thus helping to achieve a positive trade balance.
“That is where we get a win-win. What is in your interest is in our own interest as well.
“The present economic challenge is difficult; it is a tough time already with a lot of inflation and unemployment in Nigeria.
“One upside of the recent change in the foreign exchange policy is the recent devaluation of the naira. Nigeria has now suddenly become very much competitive in the international market.”
He commended the decision by President Bola Tinubu’s administration to revive the nation’s economy to have provided Britain the opportunity to grow its trade, investment, and economic relations.
He said Britain would back Nigeria’s economic reforms to ensure success and build on its economic relations to boost the trade balance between the two countries.
“Years ago, the UK bought more oil from Nigeria and the trade balance might have been the other way.
“But I think the UK buys less oil from Nigeria now. Nigeria’s oil is going to other countries.
“This brings me to the key question which is, what is the content of your export?
“We would like to help provide export opportunities for Nigerian businesses to the UK, partly as a component of your diversification strategy.
“Nigeria has done a fantastic job to diversify its economy, particularly in the South West of the country.
“I think there are lots of high-end and high-value potential in the creative industry, the artistic areas, and services.
“There is an opportunity for Nigeria in the future to develop goods and services that can be exported based on the digital economy with abundant agricultural land if committed to national standards on export.”
The Managing Director, News Agency of Nigeria, Buki Ponle (2nd left), British High Commissioner to Nigeria, Richard Montgomery (middle), Editor-in-Chief, NAN, Silas Nwoha (left), Managing Editor, NAN, Ephraims Sheyin (2nd right), and Muftau Ojo, Special Assistant to the NAN MD, Special Duties (left) pose for a picture when the British envoy visited the managing director in Abuja.
Montgomery told NAN that the UK recently inaugurated a new policy known as the Developing Countries’ Trading Scheme, which has been of immense benefit to Nigeria as it removed tariffs on lots of products from Nigeria.
“It is not huge, but significant and it is one of the most generous trade agreements from a wealthier G7-type country and Nigeria is one of the key potential beneficiaries. So that is the first step.
“There are other things we need to do because it is not just about tariffs, it is about exporters knowing how to export; who they can partner with in the UK, and whether they can meet the standards.
“We have put in place the Great Gate, an online one-stop-shop to give advice and we are hoping to help potential Nigerian exporters understand regulatory and quality issues that will enable them to export to the UK.

“We will take the next step and enhance trade and investment.

“We have some work going on between the British Standard Institute and the Standard  Organisation of Nigeria, we want to make sure both sides understand each other’s regulations.
“This will also help exporters get the certification they need to export to the UK and also import from the UK.
“There is huge potential in the agricultural sector, particularly products such as cocoa, sesame and cashew.
“These types of products have huge demand in the UK, but lots of them come from Ghana and not from Nigeria.
“It is clear that Nigeria can do it. All we need to do is to smoothen the other to enable that export.
“We have an economic dialogue but we would like to convert that into an enhanced trade and investment partnership, and that will provide a basis to take forward this issue of greater trade.
“We can do more trade both ways and grow trade volume, but we also want a different quality of diversified trade and if we can hone Nigeria’s export potential, it would create more jobs and livelihoods.” (NAN) (www.nannews.ng)

Edited by Emmanuel Yashim
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