Cocoa Farmers Association of Nigeria (CFAN) has appealed to the European Union (EU) Commission request for an extention of the European Union Deforestation Regulation (EUDR) implemention by one year The European market which takes up about 70% of cocoa exports from Nigeria has set up regulations prohibiting cocoa harvested from deforested area or those which are the products of child labor. Hence, the European Union Deforestation Regulation (EUDR) was initiated to curb deforestation and forest degradation driven by EU consumption of certain commodities. The letter which was addressed to Janusz Wojciechowski: EU Commissioner for Agriculture Brussels, Belgium, had its copies…
Author: National Update
Senator Ifeanyi Ubah who left Nigeria for the United Kingdom two days ago has passed away in a London Hotel Ubah an oil mugol and politician defected to the ruling All Progressives Congress (APC) from the Young Progressives Party (YPP) last year with the intention to seek the ruling Party’s ticket ahead of the Governorship election in his State of Anambra next year. The cause of his death and when the incident occurred is yet to be ascertained by this online newspaper The lawmaker’s demise is coming days after his campaign council donated a whooping ₦71 million to the All Progressives…
The Deputy Secretary-General of the United Nations Dr. Amina J. Mohammed has met with the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to discuss preparations for the forthcoming Africa Caucus 2024 with a view to boosting Intra-African Trade and Sustainable Growth Director of Information and Public RelationsMohammed Manga in a statement indicated that the meeting, which was held at the Federal Ministry of Finance Headquarters, Abuja, was attended by the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, Mr. Mohamed M. Malick Fall, UN Resident and Humanitarian Coordinator, and other senior officials. The 2024…
**As economy stabilizes, positions for growth The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has disclosed that the nation’s economy has announced its exit from the Ways and Means borrowing mechanism He indicated that the economy made significant strides in its economic reforms, on its way to achieving a step-change in the revenues of the Federal government; closely in line with the budget for 2024. Director, Information and Public Relations Muhammed Manga in a statement quoted the minister to have spoken in his office in Abuja during the half-year review Ministerial Press Briefing with the…
***CIIN demands mandatory Insurance Policy for all buildings, vehicles The move by the Senate to reform the Insurance sector as contained in a draft bill to that effect has recieved overwhelming support from the Attorney – General of the Federation and Minister of Justice, Prince Lateef Fagbemi ( SAN) and major stakeholders on Friday. The endorsement of the Attorney General and the Insurance stakeholders for the bill came at a public hearing on the proposed legislation. The public hearing for the Bill entitled, “Nigerian Insurance Industry Reform Bill, 2024” organised by the Senate Committee on Banking , Insurance and other…
By Joshua Ocheja Nigeria is enmeshed in the imbroglio between the Dangote refinery and the Nigerian National Petroleum Corporation Limited (NNPCL). African countries, however, seem to be tapering towards developing capacities to solve their problems. This entails creating an environment that enables indigenous solutions in critical sectors of the economy. In 2001, former President Olusegun Obasanjo lifted the lid on the operationalisation of manageable-sized petroleum production when he inaugurated the Presidential Committee on Local Content in the Oil and Gas Industry. This was to promote indigenous participation and ownership in the oil and gas sector. The Nigerian National Petroleum Corporation…
By Husseini Abubàkar. The plight of pensioners in Kogi State has reached a critical point, and it’s imperative that Governor Ahmed Usman Ododo takes immediate action to address their suffering. These elder statesmen, who have dedicated better parts of their productive lives to serving the nation and state, are now struggling to eke out a living as a result of the harsh economic realities coupled with non payment of their gratuities and meager monthly pensions they recieve. Despite the State Governments efforts to establish a single Pension Commission, the system has failed to frontally address prompt and seamless payment of…
***Obi describes him as a bridge builder ***Iwuanyanwu’s demise is a monumental loss to the nation, Abure The Labour Party Presidential Candidate in the 2023 general elections, Peter Obi and the National chairman of the party Julius Abure have expressed grief over the death of the Ohanaeze President General Chief Emmanuel Iwuanyanwu. While Obi described him as a bridge builder who would be remembered for so many positive achievers, Abure said his demise is a monumental loss to the nation. Obi writing on his X handle said “I am greatly disheartened by the death of an elder statesman and President…
**As NAWOJ President Urges Women to participate in politics At least 1 million Nigerian women and girls in the Federal Capital Territory have benefitted from Women’s Voice and Leadership (WVL) Project, anchored by ActionAid Nigeria. The Phase 1 of the five- year project funded by Global Affairs Canada which closed-out recently was projected to tackle the barriers to gender equality and supporting the empowerment of women and girls through provision of financial and technical resources to local feminist/women’s rights organisations in Nigeria. The intervention was designed to respond to the challenges faced by these organisations in their efforts to eliminate…
The Chairman of the Independent National Electoral Commission (INEC), Prof Mahmoud Yakubu on Thursday declared that with necessary resources the electoral umpire has the capacity to conduct the local government elections in the country. Yakubu gave the indication on Thursday when he appeared before the National Assembly Joint Committee on the INEC and Electoral Committees. The INEC helmsman spoke while reacting to a poser from members of the National Assembly joint committee on the position of the commission on the Supreme Court verdict regarding the financial autonomy for Local Government. Yakubu said he was aware of the agitations for the…