NEWS AGENCY OF NIGERIA
Tinubu trades off political risks for Nigeria’s economic reforms- IMPI

Tinubu trades off political risks for Nigeria’s economic reforms- IMPI

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By Ginika Okoye

The Independent Media and Policy Initiative (IMPI), a policy think-tank, has lauded President Bola Tinubu’s economic reforms in spite of diverse opposition.

 

A statement by the group’s Chairman, Dr Omoniyi Akinsiju, in Abuja on Wednesday, said that the risk assessment of the Tinubu’s reforms done by it showed the president deserved credit for his achievements.

 

Akinsiju said Tinubu deserved credit for going ahead with his economic policies in spite of the possibility of the opposition capitalising on the attendant short-term pains to drive its agenda.

 

”In spite these challenges, we commend President Tinubu for his steadfast commitment to advancing economic reforms amid substantial opposition over the past 22 months.

 

“The administration has demonstrated a dedication to its reform agenda in spite of the lack of immediate incentives for engaging in long-term change which is characteristic of developing nations.

 

”This requires significant statesmanship and leadership to navigate uncharted territories,” the chairman said.

 

He noted that only national interest would make an administration go ahead with reforms that were risky enough to lead to electoral loss.

 

The chairman said Tinubu had shown exceptional perseverance, driven by a forward-looking vision for Nigeria’s economy, prioritising national interest over personal or electoral gains.

 

“This commitment is particularly notable considering the conventional approach of starting reforms with minor and more manageable steps to build success stories and political support,” he said.

 

This, he said, had been exemplified in Nigeria’s total trade exports which surged to 50.4 billion dollars in 2024.

 

He said the surge was driven by exchange rate depreciation due to the harmonisation of foreign exchange windows and the elimination of fuel subsidies, the two flagship foundational policies of the reform agenda.

 

“Data from the National Bureau of Statistics (NBS) shows that Nigeria recorded a total trade volume of N138 trillion, the highest in the country’s history, representing a 106 per cent increase compared to the previous year.

 

“This translates to 89.9 billion dollars, indicating a 22.1 per cent surge in 2024 when dollarised,” he said.

 

Akinsiju said that foreign investment inflow into the country in 2024 revealed that Nigeria received about 21 billion dollars’ worth of foreign investment, with only the Nigeria National Petroleum Corporation Limited (NNPCL) attracting 17 billion dollars

 

The chairman said the total Federal Account Allocation Committee (FAAC) allocations increased to N15.26 trillion in 2024 which represented 43 per cent increase from the previous year.

 

He said the surge could be attributed to Tinubu-led administration’s fiscal reforms, including fuel subsidies removal and exchange rate adjustments, significantly boosting oil revenue remittances.

 

Akinsiju, however, expressed concern that in spite of falling food prices in recent months, the agriculture sector had continued the trend of distorted growth in the last five years.

 

He said the agriculture sector had slumped from 3.42 per cent in 2020 to 1.74 per cent in 2024.

 

The chairman expressed optimism that recapitalisation of the Bank of Agriculture (BOA) and the recently sealed Green Imperative Project (GIP) deal with Brazil, targeting small scale farmers across the 774 local government areas would help boost growth in the sector. (NAN) (www.nannews.ng)

Edited by Ifeyinwa Okonkwo/Ese E. Eniola Williams

Nigeria, India seek stronger trade ties

Nigeria, India seek stronger trade ties

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By Rukayat Moisemhe

Representatives from Nigeria and India have explored ways to strengthen their long-standing friendship and bilateral trade partnership while identifying new areas of cooperation.

This was the focus of the Nigeria-India Bilateral Business Meeting held in Lagos on Thursday.

Mr Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry (LCCI), stated that Nigeria and India share a rich history of economic and cultural ties that have developed over decades.

Idahosa, who was represented by Mr Leye Kupoluyi, Deputy President of the LCCI, stated that as both countries navigate a rapidly changing global economic landscape, it is essential to strengthen and diversify their bilateral engagements.

He noted that in the fourth quarter of 2024, Nigeria’s total merchandise trade stood at N36.6 trillion, reflecting a significant increase of 68.32 per cent compared to the same period in 2023.

Idahosa added that this growth reflects the resilience and potential of the Nigerian economy, driven by strong demand for foreign goods and services across various sectors.

“India has consistently been one of Nigeria’s top trading partners, reflecting the deep economic interlinkages between our nations.

“In Q4 2024, India emerged as Nigeria’s fourth-largest export destination, with exports valued at N1.60 trillion, accounting for 7.98 per cent of Nigeria’s total exports.

“On the import side, India was Nigeria’s second-largest source of imports, with goods worth N1.90 trillion, representing 11.43 per cent of Nigeria’s total imports.

“This bilateral trade relationship is characterised by the exchange of vital commodities and services that are essential to the growth and development of both economies,” he said.

The LCCI president said the energy, agricultural, pharmaceutical and machinery sectors are strong components of the trade dynamics of both countries.

Idahosa, however, noted that in spite of the strong bilateral trade, there were significant opportunities for enhanced collaboration.

He said diversifying trade beyond crude oil and raw agricultural products to include manufactured goods, technology services, and value-added products would foster a more sustainable economic relationship.

“Furthermore, Indian investment in Nigeria’s industrialisation, particularly in manufacturing, agro-processing and technology, can generate employment and boost economic development.

“Joint knowledge exchange programmes in education, research and technology transfer, renewable energy and biotechnology will further strengthen bilateral cooperation.

“As we look ahead, it is evident that the Nigeria-India bilateral business relationship holds immense promise.

“By leveraging our respective strengths, addressing existing challenges, and fostering a spirit of collaboration, we can unlock new opportunities that will benefit our economies and societies,” he said.

Ms Vartika Rawat, Acting Indian High Commissioner to Nigeria, noted that India and Nigeria had achieved significant milestones since establishing diplomatic relations in 1958.

Rawat stated that India, in its development journey, not only focused on itself but also opened its growth story for the global good, extending assistance to its neighbours and friends around the world.

She said that the country, currently at the forefront of fighting climate change, also provided capacity-building assistance under ITEC/e-ITEC (Indian Technical and Economic Cooperation) to over 160 countries.

Rawat noted that since both countries established diplomatic ties in 1958, education and capacity building had been the focus areas of the relationship.

“One of the major requirements for developing relations between two countries is direct connectivity to ease the movement of people and goods.

“While Air Peace started operating direct flights from Lagos to Mumbai in March 2023, I understand that it has been suspended due to logistical reasons.

“Indian airlines have also requested permission from Nigerian Authorities for starting direct and code share flights from India to Nigeria.

“I am sure these developments will give a new impetus to our relationship and increase the people-to-people contact,” she said.

She stressed the need for both countries to drive development partnerships and cultural cooperation, while opening new vistas in trade and economic relationships.

Rawat said that while there was a tendency to follow known paths and traditional methods of doing business, Nigerian companies should look at the strengths of India in various futuristic fields.

She said areas like financial technology, Artificial Intelligence, health – including vaccine manufacturing, digital and green growth were critical to be adapted to the needs and requirements of Nigeria. (NAN)

Edited by Okeoghene Akubuike/Christiana Fadare

Guinness Nigeria bags CSR, consumer engagement awards

Guinness Nigeria bags CSR, consumer engagement awards

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By Rukayat Moisemhe

Guinness Nigeria has bagged second and third place in the Consumer Protection (CP) and Corporate Social Responsibility (CSR) categories respectively at the 2024 Advertisers Association of Nigeria (ADVAN) award ceremony.

Girish Sharma, Managing Director, Guinness Nigeria, via a statement on Wednesday in Lagos, noted that the company continued to set standards for impact-driven initiatives and brand excellence.

Sharma said that winning the award reinforced the company’s dedication to making a ”real difference”; whether by empowering women through Plan W or creating unforgettable experiences with its brands.

He added that consumer-focused engagement was at the heart of everything the company does.

“These accolades are a testament to our incredible team, our valued consumers, and our unwavering drive for excellence.

“The ADVAN award for CSR Campaign of the year recognises Plan W, Guinness Nigeria’s long-standing initiative inaugurated in 2019 to empower vulnerable women across Nigeria,” he said.

Sharma explained that the Plan W programme provided women, often struggling single mothers, physically or visually impaired, with capacity building for setting up small micro businesses.

He added that it supported with trade assets, and business mentorship, enabling them to establish and sustain businesses.

According to him, till date, Plan W has benefited more than 1,400 women across eight states, including 10 per cent of participants living with disabilities.

The Guinness Nigeria MD said that the Guinness Nigeria’s Smirnoff Ice “Chill and Win Big” campaign, which secured 2nd place, was recognised for its bold and innovative approach to consumer engagement.

Yinka Bakare, Marketing Director, Guinness Nigeria, said the company, aside marketing products, create movements, culture-shaping experiences, and connections that matter.

According to him, ‘Chill and Win Big’ was more than a promotion; it was a bold statement about how we reward loyalty and bring excitement to our consumers’ lives.

He said that the recognition underscored the company’s commitment to pioneering industry-defining campaigns that push boundaries, captivate audiences, and cement its brands as market leaders.

Bakare added that the company would continue to raise the bar, delivering groundbreaking experiences that keep consumers engaged and excited.

“With these latest recognitions, Guinness Nigeria continues to cement its reputation as a leader in sustainability-driven initiatives and consumer engagement.

“The company’s ongoing investments in CSR programmes like Plan W and dynamic marketing campaigns underscore its commitment to delivering impact beyond business success.

“As the industry evolves, Guinness Nigeria remains at the forefront, driving innovation, inclusivity, and consumer engagement in ways that shape market trends and redefine brand experiences.

“Its recent achievements at the ADVAN Awards serve as further validation of the company’s ability to balance commercial success with social impact, setting a benchmark for others in the industry,” he said. (NAN)

Edited by Deborah Coker

Nigeria on new growth trajectory – Shettima

Nigeria on new growth trajectory – Shettima

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By Salisu Sani-Idris

Vice-President Kashim Shettima says Nigeria is on a new growth trajectory, welcoming investments across different sectors.

Shettima said this on Tuesday at the Presidential Villa, Abuja, during an update meeting with some Ministers and Heads of agencies ahead of the forthcoming Nigeria-Brazil Strategic Dialogue Mechanism.

According to Shettima, the growth trajectory is sequel to President Bola Tinubu’s bold, courageous leadership and well-thought-out policies.

He noted that, “in President Tinubu, Nigeria has a leader who has shown the dexterity and audacity of hope for a better tomorrow.”

Shettima expressed satisfaction with the firm grasp of the real issues by the ministers in the key sectors targeted for deliberations during the Dialogue.

He called on all the key actors on the Nigerian side to make adequate preparations for the dialogue slated for the later part of the year

The Vice-President underscored the need for clarity, strategic coherence and a deep understanding of issues that will be tabled for discussion at the meeting

” I want to urge all Ministers involved in this Nigeria-Brazil strategic dialogue to take charge of the initiative of the discussions so that we can take it to the next level.

“Drive the process, engage with different strategic groups to give you weekly updates to prepare us for the visit of the Brazilian Vice President and his delegation.

“The most important thing at this moment is for us to actualise the dreams of our nation’s development.

” We have the resources and institutional knowledge to make this work for our country” he said

On the similarities between Nigeria and Brazil, Shettima stressed the need to leverage the huge opportunities inherent in the partnership between both countries.

Earlier, the Minister of Agriculture and Food Security, Abubakar Kyari, said the dialogue presents a renewed opportunity for Nigeria to revitalise the nation’s agricultural sector to attain food sovereign goals of the administration.

“On behalf of the agriculture sector, it is time for us to walk the talk. It is a good day for Nigeria because agriculture will play a major role in the partnership.

”We have an opportunity to catch up with the rest of the world and be on our way to food sovereignty,” the Minister said.

Also, the Minister of Art, Culture, Tourism and Creative Economy, Hannatu Musawa, spoke on the cultural significance of the partnership.

“There is a huge population of Nigeria descent in Brazil who have a lot of interest in Nigeria.

“What we have done in the Ministry is to engage Brazil actively in working together. Already, we have an MoU, but we want to expand that beyond cultural diplomacy.

“Brazilians have a lot of interest in tapping into our creative industry,” she added.

The Minister hinted on plans to rebuild the Nigerian House in Brazil as well as host an annual Orisha Festival, soon.

On defence cooperation, Minister of Defence, Muhammad Badaru, said all is set for the signing of a defence agreement with Brazil.

“We are also engaging with them on defence industry development to start production centres in Nigeria.”

Also, Coordinating Minister of Health and Social Welfare, Ali Pate, highlighted healthcare opportunities that dialogue presents to Nigeria.

“Brazil is able to produce almost everything they need, including pharmaceuticals and vaccines.

“We are keen on turning things around and with the efforts of President Bola Tinubu, we are unlocking the healthcare value chain.

“Manufacturing vaccines, diagnostics and pharmaceuticals is on the agenda, but it’s a very long journey and we are determined to walk through it,” he said. (NAN) (www.nannews.ng)

Edited by Rotimi Ijikanmi

USAID funding freeze and Nigeria’s buffer measures

USAID funding freeze and Nigeria’s buffer measures

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By Chijioke Okoronkwo, News Agency of Nigeria (NAN)

On the first day of his second term, President Donald Trump accentuated his protectionist leaning by signing a flurry of executive orders affecting a wide range of issues including U.S. foreign aids.

In his “America First’’ stance, Trump signed Executive Order 14169, titled “Reevaluating and Realigning United States Foreign Aid”, imposing a 90-day pause on foreign aid pending review of all the programmes.

Trump’s actions, no doubt, are causing provision and supply chain disruptions as countries adjust to the shock even as some unleash counter measures on the U.S.

Of particular concern to Nigerians and some global solutionists is the freeze on U.S. Agency for International Development (USAID) which intervenes in clean water, HIV/AIDS treatments, disaster management, migration, energy security, anti-corruption as well as women’s health in conflict zones.

Trump had, also, via an executive order, announced U.S. withdrawal from the World Health Organisation(WHO).

Against the unfolding backlashes, U.S. Secretary of State, Marco Rubio, provided a bulwark.

Rubio said the U.S. had continued to provide foreign aid after USAID had its programmes frozen pending a review.

“I am not against foreign aid; I have supported foreign aid; we are going to do foreign aid.’’

Rubio, who spoke with Catherine Herridge for X, said he had no regrets about USAID and argued that some programmes “should not have ever existed.”

Note, the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) is the world’s leading HIV initiative.

Perceptive stakeholders in Nigeria are also worried about the U.S. PEPFAR programme which currently covers close to 90 per cent of the treatment for HIV patients.

Rubio had also announced an “emergency humanitarian waiver” allowing PEPFAR to continue providing life-saving HIV medications to low-income countries.

Available data indicates that in 2023, USAID committed 1 billion dollars to Nigeria, while in 2024, it allocated 780 million dollars–health remains a focal point of USAID’s operations in Nigeria.

Regrettably, all overseas missions for USAID had been ordered to shut down while members of staff were being recalled.

“All USAID direct hire personnel, except designated personnel responsible for mission-critical functions, core leadership, and/or specially designated programs, will be placed on administrative leave globally.

“Concurrently, USAID is beginning to implement a Reduction-in-Force that will affect approximately 1,600 USAID personnel with duty stations in the United States,” USAID said.

Nonetheless, the Federal Government is rallying to bridge the USAID funding gap by fortifying ongoing health sector reforms.

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, said that Nigeria anticipated a decline in global financial aid and is actively working towards bolstering its health system by leveraging domestic resources.

Pate highlighted that the decline was expected even before the U.S. Govt. publicly announced cuts to funding for agencies supporting developing countries.

Regardless of the obstacles, Pate expressed heartfelt gratitude to the U.S. government for its extensive and generous support over the years, acknowledging the positive impact on Nigeria’s healthcare system.

“For the past two decades, many countries worldwide have benefited from lifesaving interventions, particularly in HIV, tuberculosis and malaria, thanks to the generosity of the U.S. Government and its people.

“For Nigeria, we sincerely appreciate all the support received.

“However, it is unwise for any country to rely entirely on another for the health and lives of its population,” he said.

Pate reaffirmed Nigeria’s commitment to prioritising health, noting that the country had made significant advancements in the healthcare sector.

He emphasised the government’s determination to improve the well-being of citizens, and that the cuts in aid were understandable, given the U.S. government’s current interests.

“Here in Nigeria, we are focused on rebuilding our health system, strengthening domestic resources, and providing services for our citizens.

“We aim to cooperate with other countries in Africa and globally to enhance biosecurity and health security while fostering private-sector investments.’’

The minister said that Nigeria had approved the ratification of the African Medicines Agency Treaty, which would help Nigeria become part of a larger African market for locally produced medicines.

He said there were investment opportunities in Nigeria’s health sector and invited American partners to participate.

“We have innovations, tools, systems, and technologies that we can trade.

“We are open and confident that, as the direction of the U.S. Government evolves, Nigeria will continue to welcome genuine partnerships with the U.S. and other countries.

“These partnerships should be focused on advancing humanity while respecting each nation’s interests,” Pate said.

Sharing similar sentiments, Dr Iziaq Salako, the Minister of State for Health and Social Welfare, said the U.S. Government’s announcement to halt donations for HIV treatment in developing nations was a wake-up call for self-independence.

Salako said the government would identify avenues to raise domestic and alternative funds.

“I believe that it is a wake-up call for us to strategise and think the way we do things and ensure that we also are able to exert ourselves and create some level of independence within our system.

“To that extent, a series of meetings have been convened, and there is an ongoing discussion with United Nations bodies, WHO, UNDP and others that work within the health space so that we can also harvest their opinion.

“We are also looking at other avenues to raise domestic and alternative revenue.

“For example, our HIV programme is heavily supported by the U.S. Government; we are looking at crowd funding to support that in addition to the government making available more funding.”

The minister expressed optimism that the U.S. Government would continue to play its role in the global community.

“I must say that the world is a global village and what happens in one country easily affects the other country.

“America cannot operate in isolation, just like Nigeria cannot operate in isolation, or any other country of the world, for that matter.

“So, I believe that reason will prevail and the American government will continue to play the role it ought to play within the global community,” he said.

In the prevailing context, experts say Nigerians must look inwards and become more innovative.

Dr Ejike Oji, Chairman, Association for the Advancement of Family Planning in Nigeria (AAFP), weighed in.

Oji said there was no better time for the Nigerian health sector to be imaginative.

He advised Nigerians to be innovative, self-sustaining and reliant in terms of medical interventions.

According to him, there is a need for Nigerians to brace up for alternatives.

“By this I mean, we should be substantive with what we have.

”This is the time for our people to be innovative and self-sustaining in order to meet up with our financial demands rather than relying on international donors.

”We need to be self-sustaining now rather than depending on international donors, because many of these donors will withdraw their support as a result of America’s withdrawal,” he said.

More so, Ijeoma Nwankwo, a Pharmacist, and Senior Programme Officer for the Pharmaceutical Society of Nigeria Foundation (PSNF), said that the impact would be most severe for underserved communities.

“Many Patent and Proprietary Medicine Vendors (PPMVs) working in hard-to-reach areas depend on this funding to provide services.

“With donor cuts, those free services will either shrink or disappear entirely,” she said.

Nwankwo, a leading advocate in reproductive health, said that the shift was particularly troubling because over 60 per cent of Nigerian women already accessed family planning through private providers.

Nwankwo suggested integrating family planning into Nigeria’s health insurance schemes.

“Lagos State, with its relatively robust insurance programme (LASHMA), is already exploring ways to cover family planning services under its health insurance plan.

“If successful, this model could be replicated nationwide,” she said.

She said technology would play a pivotal role in bridging the gap.

Dr Stanley Ilechukwu, a Community Advocate, called for a strategic shift in investment by prioritising state and community-level funding over-reliance on federal allocations or international donors.

Ilechukwu said that investing at least N1 million per Primary Healthcare Center (PHC) to strengthen its capacity to provide essential reproductive health services was a possible solution.

“This level of investment would go a long way in supporting PHCs to sustain family planning services,” he said.

Deserving no less attention, Dr Stanley Ukpai, Director of Projects at dRPC, called for a fundamental shift in strategy.

“Our advocacy messaging has to change; now that we are in a crisis, we need bold and urgent solutions,” he said.

He said that without immediate intervention, millions of Nigerian women may find themselves without the reproductive healthcare they need, further deepening the country’s maternal health crisis.

As the U.S. judicial system scrambles to intercept Trump’s blitz on USAID, discerning stakeholders say Nigeria must activate effective buffer measures to avert any crisis that may result from the funding hiatus. (NANFeatures)

***If used, please credit the writer and the News Agency of Nigeria.

Hajj commission gets new Secretary

Hajj commission gets new Secretary

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By Deji Abdulwahab

The National Hajj Commission of Nigeria (NAHCON) has appointed Dr Mustapha Ali as the new Secretary of the Commission.

 

This is according to a statement by Shafii Sani, Principal Information Officer of the commission on Friday in Abuja.

 

Sani said that Ali’s appointment followed the voluntary resignation of the former secretary,  Dr Abdullahi Rabi’u Kontagora, after which Alhaji Alidu Shutti took over in acting capacity.

 

“Dr Mustapha Ali emerged successful after meeting the requirements advertised by the commission on its website and other media channels.

 

“His subsequent appointment was endorsed by the 5th Board of the NAHCON after its meeting on Feb. 26 in accordance with Section 8 of the NAHCON Establishment Act (2006),” he said.

 

He said that Ali’s appointment had ensured that North East was now represented in the NAHCON board.

 

Sani said that the new secretary’s experience as former Executive Secretary of Borno state Pilgrims Board was an added advantage.

 

“Ali, born in Yerwa in Maiduguri, Borno State,  will serve as secretary of the commission for a period of four years renewable after the first tenure.

 

“He holds a Doctorate and Master’s degree both in Islamic Studies, a Post Graduate Diploma in Education and Administration, a Diploma in Computer Application and Internet, and Executive Life Manager Certificate.

 

“He attended University of Maiduguri, Bayero University Kano and  the University College for Islamic Call, Tripoli, Libya where he excelled in his field of studies,” Sani said.

 

He said that the new NAHCON secretary also attended the Administrative Staff College of Nigeria (ASCON), Badagry, Yaysib Computer Institute and Elkanemi College of Islamic Theology Maiduguri.

 

“His responsibilities as new Secretary of the commission include keeping records, conducting correspondences, and serving as secretary at all meetings of the commission.

 

“He will also ensure effective reporting of the commission’s activities to the relevant authorities.

 

“The new secretary will see to the maintenance of the register of licensed Hajj operators, facilitation of publication of the commission’s regulations and coordination of the commission’s standard of performance.

 

“It is expected that Ali’s appointment will bring additional value to the commission,” he said. (NAN) (www.nannews.ng)

Edited by Abdulfatai Beki/Kadiri Abdulrahman

FG’s economic reforms will yield positive result- VC

FG’s economic reforms will yield positive result- VC

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By Funmilayo Adeyemi

The Vice-Chancellor of the African School of Economics, Prof. Mahfouz Adedimeji, has predicted that the various economic reforms introduced by the Federal Government will soon yield positive results.

 

Speaking at the school’s second edition of its Public Lecture on Thursday in Abuja, Adedimeji said the reforms would soon have a multiplier effect on the economy.

 

“One of the things that we see in the economy now is that the currency is gaining more value against the dollar. We can also see that the price of fuel has reduced.

 

“So the only hope is that there will be a reflection of that in the remaining sectors of the economy.

 

“The optics are good as they stand, and one has every reason to be confident that Nigeria’s economy will pick up as a result of the reforms the Federal Government has put in place,” he said.

 

Adedimeji explained that the lecture was organised to draw insights from other parts of the world to advance Nigeria’s economy.

 

“The primary problems that human beings face are economic in nature; what to eat, what to wear, and where to live.

 

“As a way of advancing discourse on solving our economic problems and addressing our economic challenges, we brought in an Irish economist to talk to us about ways to solve these issues,” he said.

 

Susan HayesCulleton, from Ulster University, Northern Ireland, while delivering her lecture on “Economic Growth Models: The Ireland Experience”, urged Nigeria to develop the entrepreneurial capacity of its people to foster economic growth.

 

HayesCulleton said it was time for Nigeria to learn from Ireland by improving the efficiency of businesses to make them more sustainable.

 

She added that partnerships were also essential to overcoming the challenges of a changing environment while building international relationships.

 

“The Irish people and the Irish business culture look outward and engage with their diaspora, and Nigeria has a huge capacity to do the same.

 

“They can also achieve this by enabling people to become proficient in Artificial Intelligence (AI) to enhance website development, e-commerce, and other business ventures.

 

“So there are plenty of opportunities for Nigeria to leverage its population and, of course, collaborate with Ireland for mutual benefit,” she said.

 

She encouraged Nigeria to embrace AI in developing sustainable energy sources by upskilling its people to provide solutions to emerging challenges.

 

“A significant challenge that we face as business leaders in relation to AI is twofold.

 

“First, energy consumption, we need to develop more sustainable energy sources to power AI operations.

 

“Secondly, we must ensure that people are adequately upskilled to manage and maximise the potential of AI.

 

“AI is a new development, but we must consider how we can build our capacity to train AI while also strategically and ethically integrating it into our businesses.

 

“In addition, we need to align technological advancements with workforce productivity so that society as a whole benefits,” she added. (NAN)(www.nannews.ng)

Edited by Tosin Kolade

S/Arabia donates 100  tonnes of dates to Nigeria

S/Arabia donates 100 tonnes of dates to Nigeria

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By Mark Longyen

The Kingdom of Saudi Arabia has donated 100 tonnes of dates to the Federal Government of Nigeria as part of its annual humanitarian relief efforts.

 

A statement from the Saudi Embassy on Monday indicated that the donation to Nigeria is a gift from the Custodian of the Two Holy Mosques.

 

It said that Amb. Faisal Al-Ghamdi, the ambassador of the Custodian of the Two Holy Mosques to Nigeria, donated the dates during an official ceremony.

 

The kingdom conveyed its commitment to humanitarian causes.

 

The embassy said the initiative was facilitated by the King Salman Humanitarian Aid and Relief Centre (KSrelief) in support of vulnerable Nigerian families and in an effort to strengthen the deep-rooted ties between the two countries.

 

The statement said that the envoy “expressed his profound gratitude to King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed Abdulaziz Al Saud for their unwavering support in providing aid to Muslims and underserved communities worldwide.”

 

It quoted Al-Ghamdi as emphasising that Saudi Arabia remains steadfast in its commitment to fostering Islamic solidarity and providing relief to those in need.

 

“Ambassador Al-Ghamdi explained that this year’s distribution included 50 tonnes of dates for Abuja and another 50 tons for Kano, continuing Saudi Arabia’s tradition of assisting Nigeria through humanitarian donations,” the statement indicated.

 

According to the embassy, the donation represented the Kingdom’s broader mission to uplift Muslim communities, alleviate suffering, and promote unity, particularly during significant religious periods such as Ramadan.

It assured the Federal Government that it would, in collaboration with local authorities and humanitarian organisations, ensure the proper distribution of the dates so that the items get to the most vulnerable families across Nigeria.

 

Al-Ghamdi reaffirmed the Kingdom’s commitment to strengthening cooperation with Nigeria across multiple sectors, but with especial attention to humanitarian and Islamic affairs.

 

“The Kingdom’s continued efforts in supporting food security and welfare initiatives exemplify its role as a global leader in charitable and humanitarian endeavours.

 

“Through its Vision 2030, Saudi Arabia seeks to expand its contributions to international humanitarian causes, highlighting its dedication to fostering peace, stability, and prosperity worldwide,” the statement said.

 

The News Agency of Nigeria (NAN) reports that Saudi Arabia has been a longstanding partner in providing humanitarian aid to nations across the globe, including Nigeria.

 

NAN further reports that the donation to Nigeria further reinforces the commitments and underscores the depth of the decades-long partnership between the two countries. (NAN) (www.nannews.ng)

(Edited by Emmanuel Yash

FG seeks liberal visa regime for Nigerian coys

FG seeks liberal visa regime for Nigerian coys

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By Collins Yakubu-Hammer

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has called for a more liberal visa regime for Nigerian companies seeking to establish businesses in foreign countries.

 

The minister made the call in Addis Ababa, Ethiopia, when he represented President Bola Tinubu at a meeting with executive members of the Nigerian community in Ethiopia.

 

The Special Assistant on Media to the minister, Malam Rabiu Ibrahim, said in a statement in Abuja that the meeting held on the sidelines of the 38th Ordinary Session of the Assembly of African Union Heads of State and Government.

 

Idris, according to the statement, said it was only fair for other countries to reciprocate Nigeria’s gesture in providing an enabling environment for foreign companies to invest and operate.

 

“Last year, I was representing Nigeria in Indonesia and I found out that about 50 big Indonesian companies are operating in Nigeria, but we do not have up to five Nigerian companies operating in Indonesia.

 

“If they want to come to our country to trade because of our population and ability to purchase their goods and services, then there should also be that reciprocal arrangement where Nigerians are also given their rightful place,” he said.

 

On the Ethiopian government’s cancellation of the e-visa and visa-on-arrival options for Nigerian travellers, Idris gave an assurance that the matter would be handed over to the Minister of Foreign Affairs for appropriate diplomatic engagement.

 

While acknowledging the concerns raised by Nigerians in Ethiopia, the minister emphasised that visa policies among nations were typically based on the principle of reciprocity.

 

He stressed the need for balanced and mutually beneficial agreements.

 

Idris, however, urged Nigerians living abroad to consistently demonstrate good conduct and responsible citizenship in order to promote the image of the country to the outside world.

 

“We don’t allow bad people to represent us and that’s where you come in.

 

” You are the ones who are here and if you don’t represent us well, there is no way we will look good,” he said.

 

The minister said the current administration had achieved a lot in revamping the economy through provision of infrastructure, curbing insecurity and the restoration of investor confidence.

 

Idris said Nigeria recently secured $1.07 billion in Foreign Direct Investment for the establishment of drug and pharmaceutical manufacturing industries.

 

He said this significant investment marked the beginning of Nigeria’s medical industrialisation by positioning the country as a key player in pharmaceutical production.

 

According to him, this will reduce dependency on imports, create jobs and strengthen the nation’s healthcare sector.

 

The minister said about N32 billion had been disbursed to students under the Students Loan Scheme in less than 250 days.

 

This, he said, was to ensure that no student was denied access to quality education due to lack of funds.

 

Idris, who reaffirmed government’s commitment to tackling the nation’s security challenges, disclosed that security forces neutralised 8,000 terrorists and bandits, rescued 8,000 kidnapped victims and recorded 11,600 arrests in 2024.

 

The minister also stated that the Kaduna-Abuja Expressway, once notorious for criminal activities, had now been successfully cleared of criminal elements.

 

He said the improved security on the route had brought significant relief to commuters.

 

According to him, reform is usually a very difficult task and there is a gradual progression toward prosperity for all as promised by the president.

 

The statement quoted the President of the Nigerian Community in Ethiopia, Mr Muideen Alimi, as saying that a workshop was underway in collaboration with Nigerians in Diaspora Commission.

 

The workshop, he said, would focus on enhancing economic development through intra-African trade.

 

He urged Nigerians to support the plan to set up the African Central Bank as well as have a strong presence in the African Remittance Agency. (NAN) (www.nannews.ng)

(Edited by Perpetua Onuegbu/Mufutau Ojo)

No Nigerian pilgrim will miss 2025 Hajj – Shettima

No Nigerian pilgrim will miss 2025 Hajj – Shettima

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By Salisu Sani-Idris

Vice-President Kashim Shettima has assured that no Nigerian intending pilgrim will miss the 2025 Hajj pilgrimage in the Kingdom of Saudi Arabia.

Shettima stated this during a meeting with the Management and Board of National Hajj Commission of Nigeria (NAHCON), on Monday Abuja.

The News Agency of Nigeria (NAN) reports that Shettima summoned the meeting following the reported contractual dispute between NAHCON and Saudi service provider, Mashariq Al-Dhahabiah, which may lead to visa denials for Nigerian pilgrims.

The Vice-President also emphasised that the 2025 Hajj operations would be hitch free.

Shettima directed the leadership of NAHCON to take all necessary measures to ensure a smooth and unhindered pilgrimage for all the nation’s intending pilgrims.

“We will not allow any Nigerian intending pilgrim to miss the 2025 Hajj. The pilgrimage will be seamless, and every challenge will be addressed promptly,” Shettima assured.

He directed NAHCON leadership to take all necessary steps to protect the interests of Nigerian pilgrims.

“NAHCON must do whatever it takes to guarantee the full participation of our pilgrims without any hindrance.

“From now on, we must have to set the right standards, move in the right direction and have a hitch-free Hajj exercise.”

On the purported contract cancellation with the Saudi-based company, NAHCON Chairman, Prof. Saleh Usman, reassured Nigerians that the issue would not affect the pilgrimage.

“There is no cause for alarm. No single registered pilgrim will be left behind,” Usman said.

He also dismissed allegations by the Forum of Chief Executive Officers of State Muslim Pilgrims Welfare Boards, Agencies and Commissions that the contract dispute could truncate the 2025 Hajj operations.

NAN recalls that the Forum through its Secretary, Abubakar Salihu, had raised concern over the cancellation of the service provider contract by the Chairman of NAHCON, Prof. Saleh Usman.

The forum argued that thousands of Nigerian intending pilgrims might not perform the 2025 Hajj due to the cancellation of service provider contract by NAHCON leadership. (NAN)(www.nannews.ng)

Edited by Deji Abdulwahab

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