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Trista Grullon

Trista Grullon

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There's an indicator that the Made-in-Naija effort would boost Aba- promote them, and even made products. Recently, there were reports of an order for 50,000 in-Aba boots for Nigerian soldiers, as placed by former President Olusegun Obasanjo. This development, making them much more passionate clearly thrills producers in Aba, and with renewed commitment and determination to go the extra mile.

That is very understandable, as prior to the time, the state governor, Dr. Okezie Ikpeazu had embarked on an unprecedented promotional effort for made-in-Aba merchandises, since assumption of office.

Not only did he personally take the boots/shoes, belts and allied kits to the military and paramilitary authorities to guarantee their quality, but had also cajoled them into embracing the idea of patronising home-made products, telling them that the producers have the ability to meet their demand.

Ikpeazu also sponsored some Aba-based leather producers and allied products to Turkey to expose and enable generation process is studied by them in that country. And he has experienced the vanguard of patronising local manufacturers, as he frequently wears locally made clothes and shoes, therefore encouraging residents to follow suit.

But he's not in this crusade alone, as Senator Enyi Abaribe in addition has sponsored a made-in-Aba products fair/exhibition in Abuja, which attracted visitors from throughout the nation and beyond.

The industrial and commercial heart of the Southeast is renowned for copy- production, dubbed Aba - . Locally made products that Aba and Abia are noted, and which compete favourably with imported ones, comprise leather goods, for example, shoes, boxes, totes, belts and boots. Both cities will also be known for creating quality soaps, cosmetics, foam, drinks, fabric dye, zinc/roofing sheets, tailoring, plastics, paints, fabricated machines, toilet papers, exercise books and bottled water, amongst others.

The present Made-in http:// naija news effort and inward-looking will definitely strengthen the foundation already laid by Ikpeazu, so, giving the much-needed push in the proper way. Manufacturers in Aba are expressing their eagerness and readiness to collaborate with all the Government so as to realise this laudable goal. They're convinced that their products can compete favourably with those from foreign nations.

Ariaria Marketplace in Aba houses hundreds of these local manufacturing companies, who are in the production of numerous goods. They can be located in numerous rows of blocks, and create about N100bn per annum, as they attract buyers from within as well as outside the country.

The fame of the market has grown over the years, so much so that in 2001, it brought the interest of James D. Wolfensohn, the then World Bank President, who visited it in the business of Dr. Ngozi Okonjo-Iweala, then Nigeria’s Finance minister, to the delight of the marketplace community.

Hon. Ikechukwu Anaeme, the then Vice President of leather and allied products manufacturers organization, said: "when the World Bank President seen us, we thought that the alternative to our problems had come, and that it would be addressed.

By imposing high duties on imported goods, which are competing with locally made ones, "Authorities should patronise our products and shield us. Government must also help us in the procurement of raw materials and suitable machines, provide steady power supply, together with, enhance access roads into the market, to ensure that trucks may come in to load purchases. We ought to be capable of get into low interest loans.

We desire government to award us contracts for the way to obtain nurses belts and belts, boots, wallets, leather hats to Police, the Military and NYSC. These are among our high quality products."He said there's a ready market and demand for his or her products, as mass-buyers come all of the way from Mali, Ghana, Onitsha, Sokoto, Lagos, Kano and Maiduguri to patronise them.

On the product quality of these products, Sir Christian Nwaubani, Chairman of the state Amalgamated Traders Association, told The Guardian that the argument that Aba-made products are poor with their imported counterparts no more hold.

He said: "The quality continues to be improved upon enormously. When new layouts and brands emerge from any portion of the planet, our creative team instantly dissects the technique to be acquired by them. It should be noted that it's the same substances found in producing these products that were foreign that Aba makers also use. Interestingly, people come to purchase Aba-made products, notably the leather and tailored clothing, including suits. Nigerians have also bought into the idea of patronising Aba-made products and so are proud of these, also, as there isn't any difference now between them and the foreign ones."

Hon. Ossy Prestige, former First deputy President of the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA), who's presently member of the House of Representatives, lamented that all the while that Aba manufacturers were so desirous of making high quality goods and consumers were patronising them, authorities did not completely provide empowering environment and facilities, such as, routine power supply, water, good roads, stopping multiple and illegal taxes and levies, all of which, if addressed, would have had positive multiplier effects on entire production output.

He clarified that ACCIMA has really been in the vanguard of creating awareness on the demand for a change of attitude by authorities, and that the body normally holds yearly trade fairs, together with, undertakes trade missions abroad, to promote made-in-Aba goods.

"Aba-made products come in high demand in Nigeria, Mali, Ghana, Zimbabwe and Cameroon, among others. Nonetheless, government must play assess multiple taxation and its job ," he said. Though there is still room for advancement "Our locally made products are of high quality. But it ought to be mentioned that many imported goods are also substandard."

Additionally, a former president of ACCIMA, Chief Anthony Enukeme, clarified that the organisation uses trade fairs to spot various locally made products, particularly garments, leather and allied products that will earn Nigeria foreign exchange. He said: "If the exportation of Aba-made products are properly articulated and formalised by the Federal Government through the Nigeria Export Promotion Council (NEPC), our national fortunes will considerably enhance through tremendous foreign exchange earnings and rapid medium scale industrial growth. Each one of these procedures will then generate employment opportunities for our teeming unemployed school leavers."

He explained that away garments and leather goods, Aba is, in addition, understood in other aspects of commercial and industrial entrepreneurship, like, metal fabrication and manufacturing of spare parts, cosmetics, soaps, detergent and plastic products, among others, which led to the international acknowledgement of Aba by various world bodies as the "Japan of Africa."

Recently, ACCIMA, in a one day workshop on the challenges of Southeast stakeholders in transportation commerce, organised by the Southeast organizing office of the Nigerian Shippers Council (NSC), recorded four of the challenges being faced in this line of business to comprise, imposition of Value Added Tax (VAT) on imported goods, describing it as an aberration.

A situation where it is charged on imported goods, most of which are raw materials, although "VAT is designed to be charged on manufactured goods with www. naijanews. com additional value, seems an aberration."

The body also complained that "most exporters in Aba are facing the challenge of late repatriation of the export earnings abroad, describing the scenario as serious discouragement to those intending to investigate export company.

Other complaints were: Mishandling to warehouses by law enforcement as well as other government agents, that they said sums to multiple taxation that is indirect in transit. In addition they mentioned the non-finish of the Abia State Dry Port undertaking at Ntigha, meant to reduce the Southeast importers/shippers numerous encumbrances.

There are just two main power stations in Aba, certainly one of which is being managed by the Federal government at Alaoji along with another at Osisioma, run from the Geometric Power Ltd. If fully managed, the two environs and are capable of supplying more than enough electricity demands of Aba.

According to Chief Henry Ikoh, the state Commissioner for Technology and Industry, who is additionally a distinguished industrialist, more markets are currently opening, and organising workshops for artisans, where they are instructed how to obtain loans. He explained that there's no discrimination against locally made products by the authorities. It was gathered the state government has made budgetary provisions for loans to small and medium enterprises, part of which was specifically set aside for small scale businesses.

MultiChoice Nigeria has announced the return of the Nigerian reality TV show depending on the Big Brother TV series; Big Brother Nigeria. Now referred to as Big Brother Naija, the show is returning after a ten year break.

Speaking on this latest development, MultiChoice Nigeria, Managing Director, John Ugbe said the return of the show is one of the ways the company is enhancing the standard and variety of contents accessible on its platforms.

According to him, the show has been nicely developed following the successes of previous seasons of Big Brother Africa.

"Big Brother Africa was popular for its amusement value and ability to showcase common Africans. We determined to re invent the reality show once more by bringing back the Nigerian variant which we are confident will draw on pan-African crowds for the exact same motives that Big Brother Africa did", he explained.

Ugbe disclosed that auditions for Big Brother news naija loaded will hold in Lagos on November 26 and 27 as more informative data on the show will be revealed in the coming weeks.

Various mental and physical jobs. in the first edition of the show, twelve housemates vied for the coveted $100,000 prize money by performing At the conclusion of a three-month stay in the house, Katung Aduwak emerged victor. The show also produced other famous stars such as Gideon Okeke Africa Magic’s Tinsel performer, and TV personality Ebuka Obi -Uchendu.

On-line retail store, PayPorte sponsors big Brother Naija and will air on dedicated event channels on GOtv and DStv in January 2017.
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My Dear Naija Youths,

For some people, water don pass garri. For many people, we're stuck in this wilderness with no place to go, no hope for tomorrow. Me, AreaFada, I know what we all are going through right now. Eyes dey see Red. The question many are asking is Where's the change promised us? Really, my men, these are crazy times, and most people are about to snarl. I dey feel una perish. I comprehend your pain, your hopelessness in a environment that has promised so much but delivered so little; with most of our senseless riffraffs called leaders still walking around shamelessly as overlords, masters and owners of the acreage. Una cup don full.

How many people dey look for jobs wey no dey? See how consistent frustration and stagnation dey ruin many of us! What about the ones who have trashed all the goodness they understand dwells in them to become what they themselves dont understand because it is now a lethal rat race and guy must survive? I signify you all in this Naija wilderness, filled with this much wickedness. I must confess, I 've had periods of prolonged self-pity, sometimes I have felt tricked by this nation, a few other times I 've wished I was still at the prime of my youth so I could take out some of those individuals who have sold our future. Na God go punish dem.

I see how so many of us have lost faith in this state, with many more convinced that there can be no chance of a turnaround, because they see Naija as a lost case. Those that have power and are in power are much too comfortable to notice the pain of people who endure, and people who suffer have no power to talk the truth to power. Oh Naija! Which way?

Nonetheless critical our situation is, it's time for the extraordinary Nigerian youth to rescue us, as no country ever develops without breaking from the clutches of sycophants, mediocrity and narrow minded mindsets.

Stand tall even when you have no reason to stand.

However bad things are, I still see rays of light, with the stories of kids like Akeem Adeyemo who went to graduate with best overall outcome after striking myriads of challenges academically, socially and financially, Ade I hail.

See Adeyemos complete story and images here.

See her full story and graphics here

These are pointers to the fact, that regardless of how bad things are, staying focused, tenacious, and consistent will get us closer to our dreams.

It is well, weather dem like am or not.

A brand new music reality TV show is set to reward accurate talents in Nigeria.

According to the organiser Emeka Godfrey, the reasons for the music reality TV show would be to provide a stage for young, aspiring entertainers to use their potentials.
The show promises a combination of amusement and imagination while supplying innovative music theories, contents, and street sense flavoured with style, dance steps, beats and a lot more. The thought behind this can be to discover and develop new African gifts.
In the coming days, celeb guests and judges for the show are expected to be officially declared.

The Lagos state government on Tuesday closed down a new lotto company, Naija Lottery, for running without an operating license and legal permits from the state.

The combined team arrived at the Naija Lottery office found in Jibowu region of Lagos state and proceeded to seal up the business which, they maintained, was operating illegally in Lagos state.
Initially the law enforcers faced a little resistance from the security guards and an officer of the firm who attempted to stop them from getting use of the premises.
Eventually, another staff member of the company intervened, and the LSBS team was permitted to conduct their enforcement responsibility.

Meanwhile a senior staff of Naija Lottery, only identified as George, asserted the company was duly running under the law of Nigeria and had procured a license in the National Lottery Regulatory Commission which, he said, ensures their services and lotto activities in any part of Nigeria.
He added that anything contrary to the fulfillment of such demand is a breach of the law and prohibited.

Kenyan girls love foreign men. That is an open secret. The further a dude is from Kenya, the better.

Tanzania and Uganda isn't foreign. Nigeria and everywhere in West Africa is.



But foreign guys think Kenyan women are cheapskates. They dont mind dropping their feminism firearms when a Naija bro comes knocking.

Consider this example.

Shiro, the dancing queen, was dropping it like its hot, trembling what her mother gave her to the enjoyment of her guy who couldnt conceal his excitement.

Turn, Shiro, turn! Oga yelled in the typical Nigerian accent that made the word turn, sound like ton, as he motivated the enthusiastic dancer to let loose in the four-minute clip, which he promised to delete after the show.

Remember the controversial Nairobi-based Nigerian businessman Anthony Chinedu?

I 've never heard of a Kenyan man marrying a Nigerian...

This led to a discourse pegged on why Kenyan girls fall head-over-heels for Nigerian guys.

This writer spent a couple of days in Nigeria which gave her an opportunity to find the Naija brodas, some of whom pointedly stated that its cheaper to keep a Kenyan woman than the usual naija news today online one.

But are Kenyan women really cheap in the eyes of foreign guys? Possibly, if you ask those Nigerian brodas our sisters adore to bits. And this is why they're cheap according to the Ogas:

They're simple processors funga

For most Nigerian men, wooing their girls is a ceremony.

You see, a Kenyan woman is very different. You are able to meet in a club and find yourself with her in your house without any expectations. Naija girls, on the other hand, expect you to bring down heavens for them. You might even wind up purchasing a house for her before you are able to take her to bed, promised Damilola.

Desperate for affordable beer

While Kenyan women easily drown bottles of stouts (without combining with pop), a Nigerian will simply swill stout drinks at her local. The second a Nigerian mama saunters into a nightclub, there is man already purchasing drinks for her.

Diana Bada, a Russia-created Nigerian musician, who was in Kenya for a month agrees that Kenyan girls are, indeed, distinct.

In Nigeria, its almost clear that women dont spend women in a nightclub. Our guys take care of us and thats their obligation. It does not automatically mean you will go home and sleep with him. Its only our culture, said the musician who performed at Ole Sereni in Nairobi, in Kilifi and in Mombasa.

Diana says that she was shocked to see her pal panic when one of their Nigerian friends offered to drop them home.



They therefore offered us a car to drop us house and save us taxi cash. We were even given clothing by the people who also possess a trend house. My friend nearly had a heart attack thinking the guy desired more.

Sponsor mindset

Socialites have singlehandedly convinced young girls that there's good life in Nigeria. The truth is, now most local girls are posing nude online, revealing their behinds expecting someone in Lagos will take note and fly them outside.

Nigerian musician, General Pipe, claims its not always as rosy as it appears in Nigeria, but is shocked at the lengths Kenyan girls go only to tote a Nigerian guy.

I know one Kenyan socialite whose first visit to Nigeria was disastrous. She almost slept on the roads, but was rescued by a fellow Kenyan. She spent the remainder of her days www.naijanews.com.ng cosying up with any man with a nice footwear. Naija smashers can get you pay for their flight to your country and never show up because they're going to somehow discover a way to sell the ticket! said the musician who lived in Kenya in 2012.

They adore to chop, chop around

Folorunsho Agbede, a Nigerian teacher who was in the nation for only a week, says she was shocked at the activities that went on in the hotel she was staying.

I understand a few of these men are married back at home, so this really came as a shocker. Im not saying that we are perfect, perhaps we're merely tough, said Folorunsho.

They will have low self esteem

Kenyan girls are not as assured as their Naija counterparts. Kenyan lasses are also more reserved. Olamide Ojuon, a Nairobi-based gym educator, says he would date a Kenyan girl, but never wed one. I simply feel that Kenyan girls aren't assured. I wish I could show you the messages I get from girls I have broken up with and how they respond.

They constantly ask where they went wrong. If your woman is assured, she should know that she's lovely and a guy who leaves her is the loser. I'd like an aggressive girl. I'd like to chase someone so after I get them, I wont want to lose them. Maybe I can just find that back home, he said.

They've been willing breadwinners

A never-do-well Nigerian guy can find an area lass who can take care of his bills, but for Nigerian girls, which is a no no. A man should provide for you, your family and friends if possible, reasons Chike Adobi. Thats his duty. For a Naija babe to get with a man, he must be willing to chop cash. Isnt that the same in Kenya? No romance without finance, right? she inquired, but things aren't the same here for some women who are willing breadwinners.

Kenyan girls marry anyone

Apart from several instances of powerful families, Kenyan girls readily get married to whoever they fantasy and her family just get to understand when she has three kids who are about to register as voters! a

However, when a Naija girl shows interest in a guy, her family begins studying his background.

Union in Nigeria is a very significant deal and thats why women and guys dont rush into it. When a girl shows interest in a man, the household begins snooping just to find out his background. Thats why Naija girls have become choosy, Nigerian musician Flavor told The Nairobian in an earlier interview to clarify why he was still single.

The Minister of State for Industry, Commerce and Investment, Hajia Aisha Abubakar, on Friday in Abuja said the ministry would shortly establish a national to encourage Nigerians to patronise made-in Nigieria products.
Abubakar said this at the signing of a footwear production arrangement between Global Smartfit Nigeria Ltd and Labora Shoes Ltd of South Africa in her office.

The effort is tagged, Patronise Naija Products.

Signified by the Permanent Secretary in the ministry, Mr Aminu Bisala, the minister lauded the partnership deal targeted at boosting local manufacturing of leathers and other footwear products.

This venture is very commendable and there isn't any reason why it cannot be supported.

Already, the ministry is furthering the effort for made-in-Nigeria products, for us in Nigeria to consume what we create and produce what we consume, and also go beyond that to export.

We've the people, we have the brain, we now have the resources, and so there's nothing preventing us. As a nation we're proud of our commodities, we're proud of our products.

It is for the companies to ensure quality. The average Nigerian wants value for money which is why perhaps in the past you find them patronising even substandard foreign goods with the thinking that they are getting quality.

So, that is a laudable endeavor, and along with the Patronise naija news 24 Products effort, which we are going to launch very soon; we are going to support all similar initiatives not only in shoe creation, but in all areas of SMEs (small and medium enterprises).

That is certainly the spirit of the government, we're going to be sure the patronage of made in Nigeria merchandises with all the patriotism of Nigerians that it deserves.

Thus, I commend you, and the foreign partner, it's a really welcome development. So, we hope in no distant future, we will not only be providing the domestic market but also the West African marketplace and also to South Africa.

Okonkwo listed the economical benefits for the state to contain job opportunities for Nigerians and local manpower development in mechanised shoe production.

He expressed his readiness to associate with curious state governments in establishing shoe factories in their own domains and training their indigenes in the artwork for economic development.

Chief Executive Officer of Labora, Mr Desmond Chunderlal, said that Nigerians were deprived of affordable locally made quality footwear because of the absence of a ordered footwear sector in the state.

Chunderlal, nevertheless, said that with the partnership, the scenario would soon be revoked for the general development of the nations economy.

Every cloud has a silver lining, as they say in these climes. The Naira is improbable to recuperate in the mortal wounds inflicted by the pugilistically Superb American dollar, the pound sterling, the Euro and also the Chinese Yuan. Overly many Reverses for one Cash that is youthful.

In Naija, we do t complain in what could be helped, we innovate. Give! A believing Nation would have summoned the store owners to purchase one enormous power set or install solar panels but thinking is a Hard job that pays dividends that have been little.

Early in the year when Sai Baba Reserved the rare foreign exchange for his foreign junkets, some industrialists whined as they would not be able to source for the raw materials at black market rate, might shut down. It was an empty threat - they're Bearing by just improvising. Parents, including state governments training Students abroad have found inventive Strategies for Carrying through school fees without disturbing the Central Bank. Such resilience reminds you of the tagline - cat kill the beetle.
Authorities houses run without commissioners or would starve workers than reduce their governors convoy. To their own workers, most governors appealed on May Day to be composure and considerate. They brazed the scorching sun to take solidarity salute and even dressed down for several hours. It is one of the sacrifices they make for his or her self preservation. State assemblies have shown come-raid comprehension.

Strive Venezuela for size if you think Naija is Assurance. Did I recall that? Well, one beautiful October morning in 2010, the late Dora Akunyili appealed with latest naija news updates refineries to Venezuela for help. Enrique Fernando Arundeli, the ambassador took Naija to the cleaners and threw diplomatic Caveat. He gloated about how Venezuela has handled its oil resources by investing in free education, wellness and Improving societal infrastructure. Years later, Hugo Chavez its president expired seeking help from Cuban physicians. It turned out; Arundeli was being economic with the truth, which Is not uncommon in diplomacy.
While Naijas internal ministry declared one, as workers marked May Day last week -day public holiday, the Venezuela working week shrunk from five to two days per week. Naturally, Nicolas Maduro, Venezuelas new president Attributes drought for his nations energy crisis. Seemingly the drought in addition has affected schools, which run four days per week. It affected malls mandated to open for half their Common hours and to create their own electricity. Seemingly in Venezuela, Vital commodities have been also Transformed by the drought as citizens spend seven hours to buy milk, soaps and toilet paper - blame the drought, blame America.
For all the Trouble of Naija, here is a frank reason both Ndoma Udo Udoma and Kemi Adeosun should send a message with their pastors to Order a thanksgiving service. Raji Fashola should Talk with his Imam to follow suit. The Naija market is Poor, but at least we have not reduced the amount of Automobiles in the presidents convoy nor do we have strategies to sell planes from the presidential air fleet.

Some states Might not have paid their workers wages but not Edo. Shortly ago, Edo bonded a $75 million development loan in the World Bank to pilot development, Produce revenue and create employment. I 'm not depressed to Inform that it is Creating dividends although Edolites Might not comprehend the manner the magic works. As he approaches the eve of his come-raid departure, Oshio Baba has declared an Eldorado for Edo workers - a N25,000 minimum wage. The way things are going, Oshiomole can offer some guidance on turning stagnated Marketplaces about to Maduro.
Since paying wages is now a monumental Achievement in naija breaking news 2day, Edo isn't alone; some governors have found Smart manners of filling that yearning. He Organized to be sure they got the alarm for their May wages, while celebrating May Day with them. This may function as the first Tip that Cross Rivers would be paying wages in advance. This is another exportable commodity that can benefit Caracas. In case he'st been paid his wages, he should swallow his pride and speak to Kemi Adeosun!
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Nigerians going through very difficult times, Osinbajo acknowledges

Vice President Yemi Osinbajo at a town hall meeting put together by United Action for Change (UAC), yesterday, noted that Nigerians are going through very difficult times, including, electricity problem, deficiency of petrol, inflation among other challenges.

Osinbajo also said that the campaign promise to supply 000 succour to 25 million poorest of the poor can no more be fulfilled with the current state of the market, N5, but said a million Nigerians would be given N5000 monthly.

Expressing confidence, he said: "You can be sure this is not going to be the ending of the story, but that of wealth."

The vice president implored Nigerians never to lose hope of the change mantra, remarking that Nigerians should be rest assured that there's a determination to alter the direction of the country favorably, as President Muhammadu Buhari and he are committed to solving the nation’s problems.

Osinbajo maintained since according to him, the change they canvassed for isn't a motto, as Nigeria cannot survive going the direction it was before now that the issue of the country is irrevocable.

We now have a leader who's fair, which can be the most important thing," he reasoned, adding that Nigeria has the finest chance now "Today.

Responding to the twenty questions requested by participants meeting, the number two citizen harped on attempts being made by the current administration to provide alternatives to some of the challenges facing the nation.


Boko Haram endanger Nigeria, herdsmen, say Ohanaeze, Soyinka

Nigeria is heading towards the precipice if insecurity, represented in the activities of Boko Haram and herdsmen, isn't caged, Prof. Wole Soyinka, Ondo State Governor Olusegun Mimiko, South East senators and some important groups in the state warned yesterday.

The groups contained Ohanaeze Ndigbo and Enugu State chapter of the Pentecostal Fellowship of Nigeria (PFN).

Nonetheless, Arewa Consultative Forum and a Fulani group urged prudence on the part of critics of the herders’ activities, the latter saying that about 16,000 cattlemen have been killed in battles with farmers and others.

The apex Igbo socio-cultural Organisation encouraged the Government to urgently address the problem in order to avoid a position where ethnic militias will emerge to ensure security in their own environments and condemned the assault by suspected herdsmen on some communities in Enugu State.

The organization also dismissed the planned Grazing Bill as anti- federalism and unconstitutional.

Igariwey, noted that the incessant attack on communities by heavily armed herdsmen around Nigeria endangered national unity and peaceful co existence as they can destablise the state by a synchronised actions if they so decide.

He stressed: "Why is it that the herdsmen are so heavily armed, who is equipping them and where are they from? It's time to have appropriate identification of herdsmen so they can be monitored. The security challenge is enormous, how is it possible for US to now understand when it's herdsmen and when it is not Boko Haram spillovers from their dislodged foundations because the style of strike in a few of these communities is the same style of assault by Boko Haram? They sack villages and withdraw. The Federal Government should pay attention to these actions.

But the Arewa leaders have requested Nigerians to resist attributing spiritual and ethnic connotations to the various catastrophes.

They unanimously condemned the strike in Uzo-Uwani Local Government Area of Enugu State, as " barbaric and most unlucky." by some herdsmen on the Ukpabi Nimbo Community

ACF called on Nigerians " to be more patient and show comprehension with one another, especially since President Buhari is established and committed to the war on corruption and insurgency ".

In accordance with the Nobel laureate, the Federal Government’s quest to diversify the economy through culture and tourism is endangered by insecurity.

Soyinka, represented by the Director, Centre for Black Culture and International Understanding (CBCIU), Osogbo, Osun State, Dr. Wale Adeniran, located insecurity as "main enemy" of the quest.

He noted that "culture is intertwined with tourism – the latter is, often driven by the former, in fact," stressing that "the destination uppermost in the minds on most tourists we understand is – Culture." Soyinka insisted that both share – enemies and buddies.

"Of the primary enemies, seeing that we locate ourselves within the precincts of governance, I intend to engage your attention in this short address to merely one: Insecurity. That inability of any vacationist to let go completely, relax, submit oneself wholly to the offerings of a brand new surroundings – sights, the noises, textures, odors and taste. Of or out of the touristic intent and Culture itself, in, there isn't any ambiguity in the mind of its enemies. Their hate is pathological and impassioned to a degree that goes beyond the light, beyond insanity and regrettably beyond cure. The responsibility of governance towards such retrogressive outbreaks remains unambiguous."

Finding a connection between the heinous crimes which Boko Haram has perpetrated against incessant attacks and Nigerians and Nigeria Soyinka said: " After? At this moment, in reality, Boko Haram has no ‘ after’ since it's by no means finished, no matter what technical expressions for example ‘militarily degraded’ mean.

"But let us suppose really that we have been already in the past of Boko Haram. It's now clear that the sequence is already determined, the ‘vacated ’ space has already been granted, and the new territorial aspirants are already placed. The continuity of an established Nigerian necropolis north to south, and the entire nation seems to be theirs without a battle and east to west will be consolidated.

"Some necropoles are truly fascinating. They bring visitors from distant areas, but those are works naija lastest news of commitment, artistry and veneration. They can be visual feasts, among whose constructions the visitors actually picnic, leave flowers and presents that are emblematic to hovering ancestors. The Nigerian widening necropoles leave just the taste of bile in the mouth, the corrosion of hate, malodor and rage.

"When I read a brief while ago, the Presidential pledge to the country that the current homicidal escalation between the cattle prowlers and farming communities would soon be over, I felt mortified.

"he'd the option, he said. Cattle ranches were being set up, and in another 18 months, destruction of killings and support from herdsmen, rustlings would be ‘a thing of the past’. He ensured the nation eighteen months. I consider his Minister of Agriculture echoed that after, but with a less dispiriting time schema. Neither, however, could be considered a message of consolation and assurance for the average Nigerian farmer and the lengthening cast of casualties, much less to an intending tourist to the Woods Getaway of Tinana in the Rivers, the Ikogosi Springs or the moslem architectural heritage of the ancient city of Kano. In any case, the external tourists have less hazardous alternatives."

Soyinka also decried the devastation that has wreaked on "internal tourism. "

His words: "However there's also internal tourism, to be considered a premium advantage – both economically and in spirit of personal edification and nation building. This was an exercise I indulged in in the early sixties as by-product of other engagements, like research. A lot however was simply under interest. I can modestly claim to be among the top twenty-five percent traveled Nigerians, acquainted with the smells, textures and flavors of the geographic habitation. I wish the late Segun Olusola were around to testify to the unexpected bouts of tourist explorations we made in the pre-war sixties. Now, however, would the young adventurous set out to see its alleged curative pools from just interest and the mystery caverns of Anambra? They would think twice about it."

With private meetings with herdsmen, Soyinka laced his remarks as a hunter of note during his hunting expeditions.

He said: "I had noticed a change of quality with cows herdsmen over the years in forest encounters.

At enough time, we thought which they were Boko Haram, infiltrating under guise of cattle into the south. That has been then, not to mention that surmise has never been firmly established or disproved.

"Recently yet, I returned from a trip outside the nation about to find that my home ground was invaded, and a brand-new "Appian way" sliced through my refuge. That ‘motorable’ trail was made by the invaders that were hoofed. Curious journalists are invited to see, although the improvised entry and exit are now blocked. In over two decades of living in that ecological preserve, no such intrusion had occurred. They were cattle herders but although I have no idea whether they were Fulani or Futa Jalon herdsmen, and a crude swathe had cut through my private reasons. I made enquiries and sent alarms around, including through the Baale of our neighborhood hamlet. There continues to be no repeat, and hopefully it's going to stay the first and last of such invasion. What it portends nevertheless is for all believing citizens to reflect upon, and take concerted measures against."

Describing herdsmen as mankind’s first known tourists, Soyinka included: They must be educated yet that there is a culture of settlement, and learn to seek lodging with hosts that were settled encountered ".

The social activist decried the inability of government to articulate a coherent policy to tackle the threat, saying: " It isn't simply arbitrary violence that reigns across the nation but total, impunity that naija center news was undisputed.

"Impunity evolves and becomes incorporated in conduct when crime happens and no logical legal and moral moral answer is offered. I 've yet to hear this government say a company policy of non-endurance for the serial massacres have become the nation’s identification postage.

"I have not discovered an order given that any cattle herders captured with advanced firearms be instantly disarmed, arrested, placed on trial, and his cows confiscated. www. naijanews. com The nation is treated to an eighteen-month confident strategy which, to make matters worse, smacks of encouragement and abject appeasement of violence on innocents.

" Let me repeat, and of course I simply request to be corrected if wrong: I have yet to fall upon a terse, rigorous, soldierly and uncompromising language from this direction, one that threatens a reply to this unconscionable blood-letting that would make even Boko Haram repudiate its founding clerics."

He recalled attempt made "to use the Open Newsgroup platform of the Centre for International and Culture Understanding, Oshogbo, to establish a national debate on the issue – ‘Sacred Cows or Sacred Rights. ’ The signs were already clear and the rampage of impunity was already showing a cultic intensity of alarming proportions. For reasons which are not too mouth-watering to go into here, the forum failed to take place. We were already consented that General Buhari be encouraged to give a keynote address, depending on his long experience in such matters as former head of state, and as a cattle rearer himself who might be be able to penetrate the attitude of the ‘post-Boko Haram pestilence’.

Although That challenge remains open, but should now demand this party, which undoubtedly contains tourist and educational agencies. They should join hands with human rights organisations, the Ministry of Agriculture, Farming and local Vigilance organizations etc. It's a gauntlet thrown down to be picked up, and desperately, by the affected or distressed sectors of society, or indeed any interested and able party at this convention.

"The direction of any society cannot stand idly and offer solutions that implicitly deem the massacres of innocents just incidents along the way to that learning school. For every crime, there's a punishment, for every infraction, there must be restitution. The nomads of the world cannot set themselves above the law of humanity that is settled. "


How Nigeria can use culture, tourism to encourage peaceful co-existence, by Buhari


President Muhammadu Buhari has said that tourism and culture could play a vital role in incorporating communities, promoting peace and harmonious co-existence on the list of diverse cultures in Nigeria.

Speaking at the continuing national summit on culture and tourism in Abuja, the President noted that tourism brings individuals and human communities into contact through cultures and civilisation, adding that tourism has the capacity to help the world inhabitants to live better together and thus contribute to peaceful coexistence between peoples and cultures.

President Buhari, who stressed the need to make use of culture and tourism as tools of social mobilisation for national revival, said his administration would supply the required enabling environment for arts, culture and tourism to thrive and develop through the substantial upgrading of infrastructure and the supply of security.

While advocating participants at the summit to develop proper policies and perfect approaches toward reaching the desired aims, Buhari stated that the Federal Ministry of Information and Culture has a crucial role to play in leveraging on the varied cultures in Nigeria to inculcate the tenets of the country’s cultural principles of ethics, truthfulness, truthfulness and God consciousness in the citizens.

In his address, Minister of Culture and Information, Alhaji Lai Mohammed, said his ministry in the past six months had taken a bold step to convert the country’s tremendous ethnic and tourism potentials into vast opportunities for job creation and revenue generation.


A new report released yesterday said that Nigeria and other emerging economies are facing as much as 10 per cent losses because of deteriorating thermal conditions in the workplace due to climate change in working hours.

The estimated losses imply adverse consequences of the same scale to economic output, or GDP, for a broad variety of developing countries, including Indonesia, India and Nigeria, as highlighted by the report.
In accordance with the report, "when it's not too cold, individuals work less effectively out-of-doors, the office, in factories or on the move due to diminished skill for physical exertion and for completing mental tasks.

"Authorities and international organizations have put on thermal conditions in the workplace. But climate change has altered thermal states, " and " additional heating is a serious challenge for any worker or employer reliant on outdoor or non - air conditioned work. " Degrees of heat are already " very high" even for populations that were acclimatized, it noted.
Climate change is real, and action to block its devastating impact is in our hands."

According to General Secretary of UNI Global Union, Philip Jennings "workers who are being exposed to extreme heat need to have use of a cooling environment, shade, water, protective clothes and enough time for rest breaks. This is particularly true for people who do physical work out in factories, mines and the fields. We know the challenges and we understand what must be done to allow it to be happen."

For Maria Luisa Silva, UNDP Geneva Director "We embarked with this report to give recognition for this serious and particular concern, and to start the dialogue on the best way to react and cope with this. The challenges have to be addressed by authorities, companies, employees and other relevant international organizations if we want to be able to achieve the Sustainable Development Goals (SDGs) by 2030."

The release marked International Workers’ Memorial Day, with the report calling excessive workplace heat a well known occupational health and productivity danger behind growing dangers of heat stroke, heat exhaustion and, "in extreme cases," departure.


NMA says right of every Nigerian, worldwide health coverage

Dr Kayode Obembe, President of the Nigerian Medical Association, yesterday said in Abuja that universal health coverage is the right of every Nigerian, which they must seek to enforce.

Obembe clarified that this right is guaranteed in the Constitution, where it is clearly stipulated that it was the duty of authorities to care for the well-being needs of all naija news. citizens at tertiary, secondary and primary levels.

According to him, rather than using the provisions to better the lots of Nigerians in relation to health, government has insisted that health is on the concurrent legislative list, making states and local governments to enact laws besides the federal.

The NMA president, who made the disclosure noted that this clause has typically been used to the detriment of Nigerian citizens. He restated that each citizen has the right to enroll and have any payment made by authorities to subsidise NHIS services.

Moreover, Obembe said that patients have the right to investigation, assessment, identification, consultation, history taking, prescription and direction. As a consultant, the patient is entitled to understand everything about him or her but the only thing is whether he has right to case note which is another thing."



He clarified that "Case note belongs to the hospital and is assumed to be kept there, but if you want your record it summarised, could be typed and handed over to you."
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Nigeria seeks budget support

CBN says forex limitation policy already paying off

From Washington, the headquarters of the Breton Woods multilateral institutions the International Monetary Fund (IMF) and the World Bank in America came compliments for Nigerias economic recovery programme, according to the Finance Minister, Mrs. Kemi Adeosun.

The commendation is even as the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, said yesterday that the countrys foreign exchange limitation policy has started to pay off with some producers of some imported goods signaling interest to begin manufacturing in Nigeria instead of overseas activities due to the high cost of imported products occasioned by the policy.

The two essential government officials made the disclosures in Washington DC, United States (U.S.) at a press briefing as part of tasks of this years Spring Assembly.

The minister spoke on the gains of this years Spring Meeting and the several bilateral meetings held between Nigeria and her partners.

Her words: The gains are various and significant for the Naija government. At least, we were able to network with our coworkers, other ministers of finance of the G7 nations and the G 24 states and compared notes and their expertises. I think this strengthens the validation that the lessons we've chosen to restructure naija loaded news is the correct one.

We got many endorsements and the direction by which we seek to take the Nigerian market. Specifically, we held bilateral meetings with particular bilateral agencies, such as the Islamic Development Bank where we've agreed to work jointly on a micro-finance scheme for girls; the Japanese development bureau where we've agreed to work jointly on power projects and they have consented to make sizeable investments in the place of power which I think will be really favorable for Naija and the IFC. Similarly, we had a meeting with them this morning (yesterday), again discussing investment in power plus some of our banks to shore up their locations and likewise the ADfB on arrangements for investments in agriculture and collaborations in a range of initiatives that would help us to diversify the market.

Similarly, we'd conversations with the World Bank around our budget support request and we have already been able to have very productive meetings to comprehend what the next steps are in the process and we're very positive of a great result.

In his comments, the CBN Governor, Godwin Emefiele, spoke on the various monetary policy measures of the government to boost productivity at all levels of the economy, including that both in the medium and long terms, the various policies, such as the foreign exchange policy regime, are bound to arouse the market.

According to him, in furtherance of its statutory mandate, the apex bank is also focusing more to expand giving to vital sectors such as agriculture, mining and production, adding that some of the immediate increases of the fiscal and monetary policies are the raising foreign investments in the economy.


Divided stakeholders say policy may ease business, stifle local companies

For diverse stakeholders in the economy, the Federal Governments recent currency swap deal with China holds both bright prospects and grave consequences for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market.

During his official trip to the worlds second biggest economy, President Muhammadu Buhari reached a naira and yuan swap deal, scripted to ease trade transactions between both nations, devoid of current exchange challenges with the United State dollar.

Moreover, the deal, according to Presidency sources, has the potenrial of shoring up the worth of the countries currency, in the forex market, through a concomitant emergent bid scheme, with tactical decreased interest in dollar and other major currencies, aside from the yuan.

The currency swap deal consists of an arrangement between two central banks, a minumum of one of which must be an international currency issuer, to swap their monies. The central banks party to the swap trade can give the proceeds of the swap, against collaterals they deem sufficient, to the commercial banks within their jurisdiction, to provide them with temporary liquidity in a foreign currency.

But pessimists pointed out the swap deal wasn't consummated between the two countries apex banks but between Central Bank of Nigeria (CBN) and Chinas ICBC- the worlds biggest lender by total assets and market capitalisation. While this may not affect the goals of the swap deal at all, it raises some fundamental sovereign dilemmas, based on an analyst who spoke on condition of anonymity.

The Managing Director/Chief Executive Officer of Cowrie Investment Limited, Johnson Chukwu described that the currency swap scheme would address , on a short term basis, the current liquidity challenge in the countries foreign exchange market.

He said: I think that Nigerias overriding aim for the currency swap would be to address short term foreign currency liquidity challenges which has led to CBNs inability to fulfill foreign currency demands. With the currency swap, based on the value, an important portion of Nigerias import statements from China would now be denominated and settled in yuan, thereby reducing the need for dollar by Nigerias importers.

However, he pointed out that the major draw back to the currency swap policy is that an unrestricted use of yuan, at an overvalued naira exchange rate, if the N30/RMB is the established exchange rate, will certainly encourage importation and stifle local production of goods.

I suggest that the Federal Government should attempt to incorporate a strategy just like that of the cement business policy, which would need some of the imports from China to be produced locally after a defined timeline, especially if Nigeria has relative fabricating edge for such products. Examples that can readily come to mind include fabrics, plastics, ceramics, among others.

He clarified the naija news .com gain of inclusion of Chinese Yuan as part of Nigerian reserve currency was done about five years ago by the immediate past CBN governor, largely to diversify the reservation and reduce the currency risk related to the U.S. dollar.

That action was taken at a period when the U.S. market was particularly vulnerable due to the weakness of their market after the international financial disasters triggered by sub-prime mortgage.

In his reaction, the National President, National Palm Produce Association of Nigeria (NPPAN), Henry Olatujoye, welcomed the currency swap deal, describing it as an incredible measure that would significantly reduce the increasing pressure on the U.S. dollar, which has gone haywire in the foreign exchange marketplace.

According to Olatujoye , the conclusion has the capacity of bringing double investment to the nation from China on one hand and from the U.S. on the other.

The NPPAN president allayed any concern the determination could cause the higher importation of Chinese goods into Naija, citing the economic rivalry or money war between China and America.

He, nevertheless, expressed the fear that European states may not be well disposed to it because it's capable of adversely affecting their trade balance with Naija, warning that their stakeholders could frustrate the move.

The Chairman, Mobile Applications Alternative, Chris Uwaje, considered the naira to yuan swap agreement should reduce the pressure on the naira if properly executed.

According to him, the agreement if it becomes a reality, means the de facto currency, dollar , will no further hold on the import and export deals between Nigeria and China.

Uwaje continued: We dont need to use dollar to pay because its going to be more expensive, we pay with yuan. By so doing we prevent every form of round tripping.

Uwaje advocated Buharis economic team to see how the nation can really leverage on the technology art of China for Naija to achieve a sustainable market.

According to Gbade Buraimoh, a Lagos-based financial expert, the pursuit for dollar through banks will undoubtedly reduce, as all trades between Naija and China will maintain yuan instead of dollar.

He discovered that petroleum sales from Nigeria to China would be settled in Chinese currency, stressing that accessibility to yuan would also be simpler.

The swap will remove challenges arising from transactions with the dollar and boost business flexibility between Nigerian and Chinese, Buraimoh explained.

The Director-General of Lagos Chamber of Commerce and Industry, Muda Yusuf concurred the swap deal would smoothen the payment system in the bilateral trade between both countries but stressed that it might not necessarily fortify the naira in the forex marketplace, as the country would need to accentuate its productive base to achieve that.

An Abuja-based international affairs and diplomacy specialist, Kadiri Abdulrahman, viewed the currency swap deal as an optimistic move towards enhancing the value of the naira, thereby improving access to cheaper foreign exchange, in favour of members of the business community.

The Director- General of the African Affairs Department of Chinas Foreign Ministry, Lin Songtian told reporters in Beijing after the agreement was signed by the Governors of Nigerias Central bank and the Industrial and Commercial Bank of China Ltd. (ICBC) that the Renminbi (yuan) is free to flow among different banks in Nigeria and has been included in the foreign exchange reserves of Nigeria.

Nigeria is not the first nation that China would enter into this kind of arrangement with. The Asian powerhouse has multiple year currency swap agreements of the Renminbi with Argentina, Belarus, Brazil, Hong Kong, Iceland, Indonesia, Malaysia,Singapore, South Korea, United Kingdom and Uzbekistan.

According to the Peoples Bank of China (PBoC), those swap deals were intended not only to stabilise the international financial market, but also to facilitate bilateral trade and investment.

Meanwhile, the good thing about the currency swap deal and other agreements reached in Beijing during Buharis trip to the Far East Asia nation has rubbed off on the air travel sector, as a Nigerian carrier, Air Peace declared that it would soon commence scheduled flight to China from Enugu.

Chairman of Air Peace, Allen Onyema shown at the Enugu Economical Summit that the airline has been made Nigerias official flag carrier for the course.

According to him, with the expected ease on the pressure on the dollar, it would bring down the value of the dollar in relation to the naira, which he said would now make it possible for American investors to put money into the Nigerian market again.

In his perspective, the current high rate of the dollar in Nigeria had in recent months deterred American and Western investors in the Nigerian economy.

The government and the flying public created a yearning opening, all the agreements in this nation are tipped to one side, the foreign airlines, but this government of Muhammadu Buhari has started to do things otherwise recognising the local airlines and seeing that in Air Peace there is a lot of quality, in order that they determined to give us when we implemented it didnt take time before they gave it to us, said Onyema.


The Uk is fully behind President Muhammadu Buhari in the continuing efforts by his government to rid todays naija news of corruption, curent naija news its Minister for International Development, Nick Hurd, has ensured.

Hurd told the News Agency of Nigeria (NAN) in Abuja yesterday that fighting corruption was crucial to transforming the countrys future.

We've been very active in supporting President Muhammadu Buhari's campaign against corruption in Nigeria and we think it is fundamental to transform the future of the country.

We entirely support priorities that the President has given to tackling corruption in Nigeria.

We believe that corruption is definitely the right priority and we want to support him in that, he added.

The minister encouraged the Government to focus on public sector reforms aimed at making corruption unattractive to workers and people.

Meanwhile, the son of former prime minister of previous Western Region and erstwhile chieftain of the Peoples Democratic Party (PDP), Chief Niyi Adegbenro, has backed the foreign excursions embarked upon by the President, saying such international engagement was needed to reposition the states market.

Adegbenro, who has now stop partisan politics, told reporters at the weekend in Abeokuta, Ogun State that continuing moves by Buhari and the Central Bank of Nigeria (CBN) to revive the nations market need wholesale support.

He described as unwarranted the criticisms against the journeys, remembering that former President Olusegun Obasanjo embarked on similar excursions in the early period of his government which led to the successful debt relief for the state.

Adegbenro said the Presidents international involvement was in Naijas best interest, adding that he was confident that it would soon give positive results.

Let's give Buhari the chance as far as I am concerned. I am not saying he's a messiah, but he is a redeemer.


Bayero University Kano (BUK) law teacher, Professor Auwalu Yadudu, has said that the passage of the budget requires the collaboration between the National Assembly and the Executive arm of government.

"There is no uncertainty about the fact that the National Assembly has the power. And when they appropriate, of course, they have to do it in collaboration with the Executive arm.

"Whatever they proper will have to be in the form of the Appropriation Act. So when an Action of the National Assembly, it requires the assent of the President for this to become law. "So, it truly is a collaborative effort between the Legislative arms and the Executive."

He added: "They do have the power to modify it, but once they do it, they desire the comprehension of the President." "It is not they only shift it anyway they wish and just that something was brought by him; the President is entitled to propose a budget, which should not be tampered with."

"But the most important thing is that if you will find matters they want to propose in the budget, they must get the comprehension of the Executive arm.

"The National Assembly does’t need to feel that because they have the power they can appropriate anyhow." Yadudu, who was legal adviser to former military Head of State, the late Gen. Sani Abacha, noted that non-passage of the budget could send the wrong signal to Nigerians, who've been at the receiving end of economic collapse in recent times.

He said: "It is not easy to say so if the issue of padding needs to do with pursuance of self-centered plan of the National Assembly members."

The initiative is that of the Executive, although "All I understand is they have the power to proper and it is a collaborative effort between the Legislature and the Executive arms.

"To be honest with you, I do’t know what is the difficulty now, but I know the National Assembly has the power to appropriate and when they submit the budget for the assent of the President, he is entitled to veto it or to approve it. There needs to be a concerted effort between the two arms of authorities."

"Non- passage of the budget can send a sign that is wrong, but this is not the first time the budget has gone up without passage to the month of April or May. If they pass it it sends the right signal and everything would follow what's found in the Appropriation Act."


Managing Director of Nigeria Export Import Bank (NEXIM Bank), Bashir Wali, has said that local fabrication of crucial commodities in Nigeria has the potential to reflate the economy.

Wali, who made this known while speaking exclusively with The Guardian in Abuja, said that more Nigerians should adopt the production sector of the market. "Nigeria’s production sector has great potentials to contribute to increased sales for the nation, particularly when trade is eased with good transportation system. Nigerians should adopt this sector he said.

The bank chief stressed that manufacturing of goods, sale or distribution in the country and within the sub region prevents capital flight. He added that it also promotes offer employment opportunities and regional commerce to various levels of skilled and unskilled workers.

Attesting to the dominance of -in-Nigerian home commodities in nearby West African nations and in Central African Republic, Wali said vast majority of essential and household commodities sold in those regions are made in Nigeria. According to him, the range of products made breaking news in naija Nigeria but enjoying huge patronage in other African nations include cement, toiletries, noodles,beauty products,dairy products,textiles,pharmaceuticals,foot wears, plastic chairs, among many others made locally in the state. He said: you are going to be amazed to find out a good number of manufactured products sold in their markets are products made in Nigeria "If you go to most countries in the West African area, even up to Central Africa.

"I was lately in Congo for instance, and what I saw was so astonishing. You name it, the indomie noodles, sugar,salt, plastics,even pharmaceuticals products which can be made here in Nigeria were on sale everywhere in their marketplaces."
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Dogara charges Nigerians on attitudinal change



Speaker of the House of Representatives, Yakubu Dogara, has called on Nigerians to have a change in attitude and orientation for the state to make progress even as the nation is passing through challenging times.

Dogara said if naija news latest update would be to witness major progress in quality of leadership and government, the citizens must alter their ways of life as leaders are recruited from among them.

The Speaker, who made the call at the weekend during a thanksgiving service organised by an associate of the parliament, Jagaba Adams Jagaba at ECWA Church, Chigwa, Kaduna State, based on a statement issued by his spokesman, Turaki Hassan, said that while Nigerians expect leaders to live higher standards of life as role models, the followers should also know that leaders are recruited from among them.

He, consequently, charged Nigerians to, as a matter of necessity, reveal higher standards of conducts even as they anticipate same from their leaders.

There exists consistently expectations from citizens for leaders to demonstrate a higher standard of behavior. Clearly, it is great that those that call themselves leaders should aspire to maintain higher standards.

But what is wrong with the narrative, especially in Naija, is that in many cases, citizens anticipate that only leaders must live above board. This country can only just make progress if all the citizens and leaders conclude that in their daily undertakings, they will preserve the finest of standards.

Because if you expect just leaders to do the right thing, the direction recruitment process is such that leaders always emerge from the people.

Dogara admonished politicians to put their trust in God because power comes from God, victory comes from God, no one, regardless of how powerful he or she's, can give you power.

But in his testimony, Jagaba urged Nigerians to eschew religious and ethnic sentiments, which he said, have divided the state for decades.

He said the electorate should rather lay emphasis on individual character and not political party association, saying that he's forgiven all those who plotted evil against him in the 2015 general elections.

In his sermon, ECWA President, Revd (Dr.) Jeremiah Gado, said by design, God created and saved humanity to live a life of gratitude, service, praise and worship.
Increases, pitfalls of Naijas currency swap deal with China

Divided stakeholders say policy may facilitate company, stifle local firms

For varied stakeholders in the economy, the Federal Governments recent currency swap deal with China holds both bright prospects and grave implications for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market.

During his official trip to the worlds second largest market, President Muhammadu Buhari reached a naira and yuan swap deal, scripted to ease trade transactions between both states, devoid of present exchange challenges with the United State dollar.

Moreover, the deal, according to Presidency sources, has the potenrial of shoring up the worth of the nations money, in the foreign currency market, through a concomitant emergent bidding scheme, with strategic decreased interest in dollar and other major currencies, besides the yuan.

The currency swap deal includes an agreement between two central banks, a minumum of one of which must be an international money issuer, to swap their currencies. The central banks party to the swap trade can lend the proceeds of the swap, against collaterals they deem adequate, to the commercial banks within their jurisdiction, to give them temporary liquidity in a foreign currency.

But pessimists pointed out the swap deal wasn't consummated between both countries apex banks but between Central Bank of Nigeria (CBN) and Chinas ICBC- the worlds biggest lender by total assets and market capitalisation. While this may not influence the aims of the swap deal in any way, it raises some fundamental sovereign issues, based on an analyst who spoke on condition of anonymity.

The Managing Director/Chief Executive Officer of Cowrie Investment Limited, Johnson Chukwu described the currency swap scheme would address , on a short-term basis, the present liquidity challenge in the nations foreign exchange market.

He said: I think that Nigerias overriding goal for the currency swap will be to address short-term foreign currency liquidity challenges that has led to CBNs inability to meet foreign currency demands. With the currency swap, depending on the worth, an important part of Nigerias import statements from China would now be denominated and settled in yuan, therefore reducing the need for dollar by Nigerias importers.

Nonetheless, he pointed out the major draw back to the currency swap policy is that an unrestricted use of yuan, at an overvalued naira exchange rate, if the N30/RMB is the agreed exchange rate, will definitely encourage importation and stifle local production of goods.

I suggest the Federal Government should try and incorporate a strategy just like that of the cement business policy, which would necessitate some of the imports from China to be created locally after a defined timeline, particularly if Nigeria has comparative fabricating edge for such products. Examples that can readily come to mind include fabrics, plastics, ceramics, among others.

He described that the gain of inclusion of Chinese Yuan within Nigerian reserve currency was done about five years ago by the immediate past CBN governor, chiefly to diversify the reserve and reduce the currency risk related to the U.S. dollar.

That action was taken at a period when the U.S. economy was particularly vulnerable due to the weakness of their economy after the global financial crises activated by sub-prime mortgage.

In his reaction, the National President, National Palm Produce Association of Nigeria (NPPAN), Henry Olatujoye, welcomed the currency swap deal, describing it as an incredible measure that would significantly reduce the raising pressure on the U.S. dollar, which has gone haywire in the foreign exchange marketplace.

According to Olatujoye , the judgement has the ability of bringing double investment to the country from China on one hand and from the U.S. on the other.

According to him, with the likely ease on the pressure on the dollar, it'd bring down the value of the dollar in relation to the naira, which he said would now make it possible for American investors to invest in the Nigerian economy again.

In his perspective, the current high rate of the dollar in Nigeria had in recent months deterred American and Western investors in the Nigerian economy.

The NPPAN president allayed any fear the decision can lead to the higher importation of Chinese goods into Nigeria, citing the economic competition or money war between China and America.

He, however, expressed the fear that European countries may not be well disposed to it because it is capable of adversely impacting their trade balance with Naija, warning which their stakeholders could frustrate the move.

The Chairman, Mobile Applications Alternative, Chris Uwaje, considered the naira to yuan swap agreement should reduce the pressure on the naira if correctly executed.

According to him, the arrangement if it becomes a reality, means that the de facto currency, dollar , will not hold on the import and export deals between Nigeria and China.

Uwaje continued: We dont should use dollar to pay because its going to be costlier, we pay with yuan. By so doing we prevent every type of round tripping.

Uwaje encouraged Buharis economical team to see how a nation can indeed leverage on the technology prowess of China for Naija to achieve a sustainable economy.

According to Gbade Buraimoh, a Lagos-based financial expert, the quest for dollar through banks will undoubtedly reduce, as all transactions between Naija and China will take yuan rather than dollar.

He found that oil sales from Nigeria to China would be settled in Chinese money, stressing that accessibility to yuan would also be easier.

The swap will eliminate challenges originating from transactions with the dollar and promote business flexibility between Nigerian and Chinese, Buraimoh explained.

The Director-General of Lagos Chamber of Commerce and Industry, Muda Yusuf agreed the swap deal would smoothen the payment system in the bilateral trade between the two states but stressed that it might not necessarily strengthen the naira in the currency marketplace, as the nation would need to accentuate its productive base to realize that.

An Abuja-based international affairs and diplomacy expert, Kadiri Abdulrahman, viewed the currency swap deal as a confident move towards enriching the value of the naira, thus improving accessibility to cheaper foreign exchange, in favour of members of the business community.

The Director- General of the African Affairs Department of Chinas Foreign Ministry, Lin Songtian told reporters in Beijing after the deal was signed by the Governors of Nigerias Central bank and the Industrial and Commercial Bank of China Ltd. (ICBC) that the Renminbi (yuan) is free to flow among different banks in Nigeria and has been included in the foreign exchange reserves of Nigeria.

Nigeria isn't the first state that China would enter into this agreement with. The Asian power station has multiple year currency swap agreements of the Renminbi with Argentina, Belarus, Brazil, Hong Kong, Iceland, Indonesia, Malaysia,Singapore, South Korea, United Kingdom and Uzbekistan.

In accordance with the Peoples Bank of China (PBoC), those swap agreements were intended not only to stabilise the international financial market, but also to facilitate bilateral trade and investment.

Meanwhile, the good thing about the currency swap deal and other arrangements reached in Beijing during Buharis trip to the Far East Asia nation has rubbed off on the air travel sector, as a Nigerian carrier, Air Peace declared that it would shortly commence scheduled flight to China from Enugu.

Chairman of Air Peace, Allen Onyema revealed at the Enugu Economical Summit the airline was made Nigerias official flag carrier for the route.

The authorities and the flying people created a yearning gap, all the deals in this state are tipped to one side, the foreign airlines, but this government of Muhammadu Buhari has began to do things otherwise recognising the local airlines and seeing that in Air Peace there will be a lot of quality, so they really determined to give us when we implemented it didnt take time before they gave it to us, said Onyema.
Market pressing is ’sed by diversification of Nigeria, says Buhari

President Muhammadu Buhari in Guangzhou, China said his government would take urgent measures to restructure Nigeria’s market by supporting new investments in agriculture, mining and production.

The President, who stated this at a reception in his honour said Nigeria would welcome the support of local businesses, foreign investors and the Chinese government for attempts to diversify the state’s market.

Other arrangements signed and announced during the visit, in accordance with the statement, comprise a $1billion facility for the establishment of a Hi tech industrial park in Ogun-Guangdong Free Trade Zone in Igbesa, Ogun State.

The statement said that the Ogun-Guangdong Free Trade Zone and CNG (Nigeria) Investment Limited also signed an agreement valued at 200million dollars for the building of two 500MT/day float petrol facilities.

It further said an arrangement, valued at downstream industrial park in Kogi State and $363 million for the establishment of a comprehensive farm was also declared at the Nigeria-China business forum.

Moreover, agreements undergoing discussions comprise a $500 million project for the supply of television transmission equipment and a $25 million facility for generation of prepaid smart meters between Microstar Company Limited and Mojec International Limited.

"This time we will be more deliberate. Businesses and the government will be entailed," Buhari said. In his remarks, the Secretary of the Communist Party, who is also the Governor of the Guangdong Province, Mr. Hu Chinhua, pledged that the region would support the execution of all the bilateral agreements reached with the Chinese government during Buhari’s visit.

The statement included that Buhari also visited the Sino-Singapore Knowledge City in Guangzhou, "which showcases progress by China in medical, science and technological inventions."

The News Agency of Nigeria (NAN) reported Shehu as saying the President has expressed satisfaction with the results of his working visit to China, which he said afforded additional investments to Nigeria exceeding $6billion.

Buhari said the several arrangements concluded with the Chinese would have a positive and tremendous impact on vital sectors of the Nigerian market, including housing, solid minerals, agriculture, power and rail transportation.

"In the solid minerals sector, Granite and Marble Nigeria Limited and Shanghai Shibang signed an agreement valued at 55 million dollars for the building and equipping of granite mining plant in Nigeria."

Based on the statement, a total of $1billion is to be invested under an arrangement reached Sinohydro Corporation Limited and by the Infrastructure Bank in the development of a greenfield expressway for Abuja-Ibadan-Lagos.



In accordance with the statement, about 100 Nigerian companies and 300 Chinese companies participated in the Nigeria-China business forum, which took place a day after Buhari began his v isit .
ICPC charges Nigerians on need to fight corruption

Mr Ekpo Nta, Chairman Independent Corrupt Practices and other Related Offences Commission (ICPC), has said that Nigerians must conclude to reduce corruption to the barest minimum by eschewing and acting against it.

He stated this on Friday while speaking to participants of 21st session of Policy, Strategy and Leadership lessons of the National Institute of Policy and Strategic Studeis (NIPSS), Kuru, Jos, at the commission's headquarters in Abuja.



The course that was started eight years ago by NIPSS is geared toward creating a crucial means of getting technocrats involved with policy making for national growth.

He said that the menace was a global phenomenon which had not been restricted to Nigeria.

According to him, corruption is more common where there's systemic failure, bad governance and poor value orientation.

He stressed that it was regrettable as the legislations appeared not to be helping the problems that in spite of the various legislations against corruption in the country, it remained.

The ICPC boss, consequently, called on the legislature to review corruption laws in the state to ensure deterrence, efficiency and greater operation.

He said that though public perception was that the commission was merely engaged in prosecuting corrupt government officials because of the sentiments attached to it, it was focusing on other corrupt practices.

These, he said, contained land administration in the Federal Capital Territory (FCT) and the observation and execution of specific government policies.

He said that ICPC was collaborating with the Nigeria Labour Congress (NLC) and Economic and Financial Crimes Commission (EFCC) in some of the assignments.

Nta said the commission was presently investigation a state where public funds were transferred into three distinct bank accounts, including that the details would be made public in due time.

He further said the commission had so far regained billions of naira in cash and forfeited assets, stressing that it was also conducting systemic study in some conditions in some universities.

He said naija breaking news 2day the measure followed reported cases of pupil harassment in some universities in the country.

Nta added that ICPC was also reviewing the country’s primary health care procedure in collaboration to address its decay through the years.

He listed weak government institutions, tolerance, political and socio economic policies, social principles and limitation of ICPC prosecution to State High Courts as some of the challenges confronting the commission.

He also said that insufficient protection of whistleblowers and risks to officials were some other challenges confronting the commission.

The News Agency of Nigeria (NAN) reports the course participants were drawn from the military, the Police and other government agencies.

The 21st session of the course focused on corruption in the nation and the indices driving it.
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Naija seeks budget support

CBN says forex limitation policy already paying off

From Washington, the headquarters of the Breton Woods multilateral associations the International Monetary Fund (IMF) and the World Bank in America came praises for Nigerias economic recovery programme, according to the Finance Minister, Mrs. Kemi Adeosun.

The commendation is even as the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, said yesterday that the countrys foreign exchange restriction policy has begun to pay off with some makers of some imported goods indicating interest to begin manufacturing in Naija instead of international actions due to the high price of imported products occasioned by the policy.

We got many sanctions and the direction by which we seek to take the Naija economy. Particularly, we held bilateral meetings with particular bilateral agencies, such as the Islamic Development Bank where we've agreed to work together on a micro-finance scheme for women; the Japanese development agency where we have agreed to work together on electricity projects and they've consented to make substantial investments in the region of power which I think will be very beneficial for Naija and the IFC. Likewise, we had a meeting with them this morning (yesterday), again speaking about investment in power and some of our banks to shore up their places and similarly the ADfB on agreements for investments in agriculture and collaborations in a variety of initiatives that would help us to diversify the market.

Similarly, we'd conversations with the World Bank around our budget support request and we have now been able to have very productive meetings to comprehend what the next steps are in the procedure and we are quite favorable of a great outcome.

In his remarks, the CBN Governor, Godwin Emefiele, spoke on the various monetary policy measures of the government to improve productivity at all levels of the economy, adding that both in the medium and long terms, the various policies, such as the foreign currency policy regime, are bound to spark the market.

Both essential government officials made the disclosures in Washington DC, United States (U.S.) at a press briefing as part of tasks of this years Spring Assembly.

The minister spoke on the gains of this years Spring Assembly and the several bilateral meetings held between Naija and her associates.

Her words: The gains are various and important for the Naija authorities. At least, we were able to network with our colleagues, other ministers of finance of the G 7 countries and the G 24 states and compared notes and their experiences. I believe this reinforces the validation the lessons we've decided to restructure Nigeria is the correct one.

According to him, in furtherance of its statutory mandate, the apex bank can also be concentrating more to expand lending to crucial sectors such as agriculture, mining and production, including that some of the immediate increases of the fiscal and monetary policies are the raising foreign investments in the market.


Divided stakeholders say policy may facilitate company, stifle local firms

For varied stakeholders in the economy, the Federal Governments recent currency swap deal with China holds both glowing prospects and serious implications for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market.

During his official trip to the worlds second largest market, President Muhammadu Buhari reached a naira and yuan swap deal, scripted to ease trade trades between both countries, devoid of present exchange challenges with the United State dollar.

Besides, the deal, according to Presidency sources, has the potenrial of shoring up the value of the states money, in the foreign currency market, through a concomitant emergent command scheme, with tactical reduced interest in dollar and other major currencies, apart from the yuan.

The currency swap deal includes an arrangement between two central banks, at least one of which must be an international money issuer, to swap their monies. The central banks party to the swap trade can lend the proceeds of the swap, against collaterals they deem adequate, to the commercial banks within their jurisdiction, to provide them with temporary liquidity in a foreign currency.

But pessimists pointed out the swap deal was not consummated between the two countries apex banks but between Central Bank of Nigeria (CBN) and Chinas ICBC- the worlds biggest lender by total assets and market capitalisation. While this may not affect the objectives of the swap deal in any way, it raises some fundamental sovereign dilemmas, according to an analyst who spoke on condition of anonymity.

The Managing Director/Chief Executive Officer of Cowrie Investment Limited, Johnson Chukwu clarified the currency swap scheme would address , on a short-term basis, the present liquidity challenge in the nations foreign exchange market.

He said: I think that Nigerias overriding objective for the currency swap will be to address short term foreign currency liquidity challenges which has led to CBNs inability to satisfy foreign currency demands. With the currency swap, determined by the value, an important portion of Nigerias import statements from China would now be denominated and settled in yuan, therefore reducing the need for dollar by Nigerias importers.

However, he pointed out the major draw back to the currency swap policy is that an unrestricted access to yuan, at an overvalued naira exchange rate, if the N30/RMB is the contracted exchange rate, will definitely encourage importation and stifle local production of goods.

I recommend the Government should try and integrate a strategy just like that of the cement industry policy, which would require some of the imports from China to be made locally after a defined timeline, particularly if Nigeria has relative fabricating edge for such products. Examples that can easily come to mind include textiles, plastics, ceramics, among others.

He explained the increase of inclusion of Chinese Yuan within Nigerian reserve currency was done about five years ago by the immediate past CBN governor, primarily to diversify the reserve and reduce the currency risk associated with the U.S. dollar.

That action was taken at a period when the U.S. economy was particularly vulnerable due to the weakness of their economy after the global financial disasters triggered by sub-prime mortgage.

In his reaction, the National President, National Palm Produce Association of Nigeria (NPPAN), Henry Olatujoye, welcomed the currency swap deal, describing it as an incredible measure that would significantly reduce the raising pressure on the U.S. dollar, which has gone haywire in the foreign exchange marketplace.

In accordance with Olatujoye , the determination has the capability of bringing double investment to the nation from China on one hand and from the U.S. on the other.

The NPPAN president allayed any concern that the determination could bring about the higher importation of Chinese goods into Naija, mentioning the economic competition or currency war between China and America.

He, nevertheless, expressed the concern that European countries may not be well disposed to it because it's with the capacity of adversely impacting their trade balance with Nigeria, warning which their stakeholders could frustrate the move.

The Chairman, Mobile Applications Solution, Chris Uwaje, believed that the naira to yuan swap deal should reduce the pressure on the naira if properly implemented.

According to him, the deal if it becomes a reality, means the de facto currency, dollar , will no further hold on the import and export deals between Nigeria and China.

Uwaje continued: We dont need to use dollar to pay because its going to be more expensive, we pay with yuan. By so doing we prevent every form of round tripping.

Uwaje urged Buharis economical team to see how a country can indeed leverage on the technology art of China for Naija to attain a sustainable economy.

Based on Gbade Buraimoh, a Lagos-based financial expert, the quest for dollar through banks will undoubtedly reduce, as all transactions between Nigeria and China will take yuan instead of dollar.

He found that petroleum sales from Nigeria to China would be settled in Chinese money, stressing that access to yuan would also be simpler.

The swap will remove challenges arising from transactions with the dollar and boost business flexibility between Nigerian and Chinese, Buraimoh described.

The Director-General of Lagos Chamber of Commerce and Industry, Muda Yusuf agreed the swap deal would smoothen the payment system in the bilateral trade between the two states but stressed that it might not really fortify the naira in the foreign exchange market, as the country would have to improve its productive base to achieve that.

An Abuja-based international affairs and diplomacy specialist, Kadiri Abdulrahman, viewed the currency swap deal as an optimistic move towards enhancing the value of the naira, thus improving accessibility to cheaper foreign exchange, in favour of members of the business community.

The Director- General of the African Affairs Department of Chinas Foreign Ministry, Lin Songtian told reporters in Beijing after the deal was signed by the Governors of Nigerias Central bank and the Industrial and Commercial Bank of China Ltd. (ICBC) that the Renminbi (yuan) is free to flow among different banks in Nigeria and has been comprised in the foreign exchange reserves of Nigeria.

Nigeria isn't the first nation that China would enter into this arrangement with. The Asian powerhouse has multiple year currency swap agreements of the Renminbi with Argentina, Belarus, Brazil, Hong Kong, Iceland, Indonesia, Malaysia,Singapore, South Korea, United Kingdom and Uzbekistan.

According to the Peoples Bank of China (PBoC), those swap arrangements were intended not only to stabilise the international financial market, but also to ease bilateral trade and investment.

Meanwhile, the good thing about the currency swap deal and other arrangements reached in Beijing during Buharis excursion to the Far East Asia country has rubbed off on the aviation sector, as a Nigerian carrier, Air Peace announced that it would shortly commence scheduled flight to China from Enugu.

Chairman of Air Peace, Allen Onyema revealed at the Enugu Economic Summit that the airline has been made Nigerias official flag carrier for the route.

According to him, with the anticipated ease on the pressure on the dollar, it'd bring down the value of the dollar with regards to the naira, which he said would now allow it to be possible for American investors to put money into the Nigerian market again.

In his view, the current high rate of the dollar in Nigeria had in recent months discouraged American and Western investors in the Nigerian economy.

The authorities and the flying public created a yearning gap, all the deals in this country are tipped to one side, the foreign airlines, but this government of Muhammadu Buhari has began to do things otherwise recognising the local airlines and seeing that in Air Peace there is a lot of quality, in order that they determined to give us when we implemented it didnt take time before they gave it to us, said Onyema.


The United Kingdom is completely behind President Muhammadu Buhari in the on-going efforts by his administration to rid Naija of corruption, its Minister for International Development, Nick Hurd, has assured.

Hurd told the News Agency of Nigeria (NAN) in Abuja yesterday that fighting corruption was critical to transforming the countrys future.

We have been quite active in supporting President Muhammadu Buhari's campaign against corruption in naija latest news/ and we think it truly is essential to transform the future of the country.

We completely support priorities that the naijanews today.com President has given to tackling corruption in Nigeria.

We believe that corruption is certainly the right priority and you want to support him in that, he added.

The minister encouraged the Federal Government to give attention to public sector reforms aimed at making corruption unattractive to workers and people.

Meanwhile, the son of former prime minister of previous Western Region and erstwhile chieftain of the Peoples Democratic Party (PDP), Chief Niyi Adegbenro, has backed the foreign trips embarked upon by the President, saying such international involvement was needed to reposition the states economy.

Adegbenro, who has now stop partisan politics, told reporters at the weekend in Abeokuta, Ogun State that continuing moves by Buhari and the Central Bank of Nigeria (CBN) to renovate the states economy need wholesale support.

He described as unwarranted the criticisms against the journeys, remembering that former President Olusegun Obasanjo embarked on similar trips Nigerian in the early period of his administration which resulted in the successful debt relief for the nation.

Adegbenro said the Presidents international engagement was in Nigerias best interest, including that he was confident that it would shortly yield positive outcomes.

Let us give Buhari the opportunity as far as I am concerned. I am not saying he is a messiah, but he is a redeemer.


Speaking with The Guardian, Yadudu asserted that although the National Assembly has the power to appropriate cash in the budget, it was incumbent on it to take cognizance of the interest of the executive.

According to him: "There is no doubt about the fact the National Assembly has the power. And when they appropriate, naturally, they have to take action in collaboration.

"Whatever they appropriate will need to maintain the form of the Appropriation Act. So when an Act of the National Assembly, it needs the assent of the President for it to become law. "So, it truly is a collaborative effort between the Legislative arms and the Executive."

He included: "They do have the power to change it, but once they do it, they desire the comprehension of the President." "It is not only that he brought something and they just alter it anyway they want; the President is entitled to propose a budget, which should not be tampered with."

"But the important thing is that if you will find matters they want to propose in the budget, they have to get the understanding of the Executive arm.

"The National Assembly does’t need to believe that because they will have the power to appropriate, they can appropriate anyhow." Yadudu, who was legal adviser to former military Head of State, the late Gen. Sani Abacha, noted that non-passage of the budget could send the wrong signal to Nigerians, who've been at the receiving end of economic collapse in recent times.

He stated: "It is not easy to say so if the problem of padding must do with pursuit of selfish plan of the National Assembly members."

"All I understand is it is a collaborative effort between the Legislature and the Executive arms and they have the power to appropriate, but the initiative is that of the Executive.

"To be honest with you, I do’t understand what is the difficulty now, but I understand the National Assembly has the power to appropriate and when they submit the budget for the assent of the President, he is entitled to veto it or to approve it. There needs to be a cooperative effort between both arms of government."

"Non- passage of the budget can send a wrong sign, but this really is not initially the budget has gone up without passage to the month of May or April. If it is passed by them it sends the correct signal and everything would follow what exactly is contained in the Appropriation Act."


Wali, who made this known while talking exclusively with The Guardian in Abuja, said that more Nigerians should embrace the manufacturing sector of the market. "Nigeria’s production sector has great potentials to lead to increased earnings for the country, particularly if trade is eased with good transportation system. Nigerians need to adopt this sector he said.

Attesting to the dominance of -in-Nigerian home commodities in neighboring West African countries and in Central African Republic, Wali said vast majority of home and essential commodities sold in those regions are made in Nigeria. He said: you may be amazed to find out that a good number of manufactured products sold in their marketplaces are products made in Nigeria "If you go to most nations in the West African region, even up to Central Africa.

The bank leader stressed that production of goods, sale or supply in the nation and within the sub-region prevents capital flight. He added that it also boosts regional commerce and offer employment opportunities to various levels of skilled and unskilled workers.

I was recently for instance in Congo, and what I saw was astonishing. You name it, the noodles that are indomie, sugar,salt, plastics,even pharmaceuticals products that are made here in Nigeria were on sale everywhere in their markets."
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