Connect with us

News

AfCFTA: Social Action Commends PMB

Published

on

African Continental Free Trade Area, AfCFTA
Share this Story

Social Action commends Nigeria’s President Muhammadu Buhari for his critical and empathetic approach toward signing the AFCFTA Agreement.

This is contained in a statement titled AfCFTA: NIGERIA CUSTOMS SERVICE, OTHERS, COULD TRUNCATE PACT IF…’widely circulated and received by the INFORMAVORES ONLINE NEWS

The statement said, “The enactment of the AfCFTA is indeed good news for Nigeria and the African continent at large. adsbygoogle || []).push({}); adsbygoogle || []).push({}); Securing free trade throughout the continent has the potential to kick-start Africa’s industrial revolution and develops its economy in ways never before seen. The UN estimates that under the AfCFTA, intra-African trade could increase by 52.3 percent by 2022. When its implementation kicks off, the agreement will boost intra-African trade by removing  tariffs on 90 percent of goods while the rest ten percent of tariffs being on “sensitive goods” would be also be eliminated subsequently, albeit gradually.”

“However, it is imperative to warn that Nigeria would only stand to harness and indeed maximise the benefits of this landmark trade deal if it immediately moves to put in place the right policies, frameworks and indeed structures to achieve set out goals. Key institutions such as customs and immigration services must rise above board and dispense of their key roles in this continental pact with national pride and integrity, eliminating all known as well as contrived constraints including corruption that would jeopardize the smooth operation of the trade deal.”

ALSO READ  Bogoro Gets Inducted Into Prestigious Animal Science Hall Of Fame 

“Government must also move quickly to address the infrastructural gaps such as electricity that undermines productivity of companies in Nigeria. Addressing infrastructural gaps will lead to reduced cost of production and stimulate industrial growth. This will in the long run provide Nigerian companies with the opportunity to access large continental markets and thus gain from the economy of scale as well as mitigate adverse balance of trade.”

“Furthermore, time cannot be better than now, to pursue and implement the National Industrial Revolution Plan to strengthen the country’s Industrial sector, to empower it to effectively compete with those of other climates.”

“It must also ensure genuine diversification of the economy by affecting a paradigm shift from the mono-product situation of the country to multi-product to afford Nigeria the impetus to harness not just the new African trade deal but others as the proposed open EU markets.”

ALSO READ  Russia-Africa Economic and Humanitarian Summit Adopts Action Plan 2023-2026

“The AFCFTA therefore, offers ample opportunity for industrialization and job creation as it has provided the platform for Small and Medium Enterprises in Nigeria to connect to regional and continental value chains while consolidating the country’s position as the biggest economy in Africa.”

Social Action commends Nigeria’s President Muhammadu Buhari for his critical and empathetic approach toward signing the AFCFTA Agreement, a move which helped to scrutinize and understand the import of the agreement to Nigerian Economy. It notes that the President’s method in activating rigorous consultations and assessments and scrutiny, was to ensure that the agreement becomes a meaningful platform for Nigerian manufacturers of goods and providers of service to showcase and offer to the continent their unique products and services, as well as to reciprocally receive products and services from other African nations thereby revolutionizing Africa into ‘Factory Africa’. The President was also right in insistence on not only free but fair trade

Nigeria has joined other African countries to make history by signing the world’s largest free trade area deal, encompassing 55 countries and over 1.2 billion people. The signing of the trade deal by the country’s President Muhammadu Buhari at the 12th extra ordinary summit of the African Union, AU effectively brings into force, the trade agreement between 55 African Union nations that would create a single market backed by an African single-currency as well as a free movement protocol among others.

ALSO READ  Latest Report Reveals Oppo Smartphone Democratising Access To Professional-Grade Photography

Author Profile

Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Eid-El-Fitr: ICDA North Central Coordinator Urges Muslim Faithfuls To Abide By Ramadan Lessons

Published

on

Igala Cultural and Development Association ICDA North Central Cordinator Prince Musa Oruma
Share this Story

The Igala Cultural And Development Association, ICDA North Central Coordinator, Prince Oruma Musa has sent a message of congratulations to Igala muslim faithfulls in the North-central as they celebrate the eid-el-fitr. push({});

Prince Oruma congratulate Igala muslims as they completed the Ramadan fasting urging them to continue to abide by the teachings during the ramadan fasting.

“The patience and perseverance exercised during ramadan fasting is a sacrifice that will be rewarded with blessings from Allah”, he said.

He further express shock over the sudden death of former governor of Kogi State, Alh Idris Wada son, Mohammed Ibrahim Idris who died after eid-el prayer at his Abuja residence.

ALSO READ  Latest Report Reveals Oppo Smartphone Democratising Access To Professional-Grade Photography

The deceased was a former member of House of Representative, represented Omala, Ankpa and Olamaboro in the 7th Assembly.

In a message conveyed by special adviser on media, Prince Abdulrahman Obaje, Prince Oruma said he is deepely saddened by the death of Muhammed.

“On behalf of myself and the good people of the Igala Kingdom, North-central Zone, I wish to express our deep condolence over the death of your son, I am deeply saddened by his death. He is a young Nigerian full of promises for the future of Nigeria”. He said.

He said the death has created a vacuum that will be difficult to fill, urging the family he left behind to take solace in the fact that the late Muhammed live a life worthy of emulation.
He prayed that the Almighty Allah grant the dead eternal rest in Aljanat Firdaos.

ALSO READ  AfCFTA: Spotlighting The Emergence Of One African Market

He further reiterate his commitment towards the advancement of ICDA , saying that we should all intesify prayers and commitment, while all hands on deck to see that ICDA get out of its current predicament.

Author Profile

Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
ALSO READ  Nigeria @ 60: Bello Promises More Democracy Dividends, Vows To Sues Fraudulent Workers
Latest entries
Continue Reading

News

Investigative Journalists Group, NGIJ Hails Aderinokun on Appointment as Head of Media at Access Corp

Published

on

Nigeria Guild of Investigative NGIJ Kunle Aderinokun
Share this Story

Investigative Journalists Group, the Nigerian Guild of Investigative Journalists NGIJ has extended a warm congratulations to Mr. Kunle Aderinokun on his appointment as the new Head of Media and Public Relations at Access Corporation. adsbygoogle || []). push({});

In a statement released on Tuesday in Lagos signed by Ayoyemi Mojoyinola, the National President and Israel Bolaji, the National Vice President of NGIJ, the guild described Aderinokun as a versatile journalist, banker, business analyst, media expert and arts enthusiast who would bring his rich years of experience to bear on the new role.

“NGIJ recognises the appointment of Mr. Aderinokun as a significant development, as his decades of robust experience across the media and financial industry undoubtedly be a valuable asset to Access Corporation and the nation.

ALSO READ  Morocco’s King Wants Country to Join Ranks of Developed Nations

“His extensive knowledge, exposure, intellect and expertise in media and finance make him a well-suited candidate for this position

“The NGIJ is confident that Mr. Aderinokun’s appointment will further to the growth and success of Access Corporation. We look forward to witnessing his impactful contributions to the organisation’s media and public relations endeavours,” the statement noted.

Prior to his appointment at Access Corporation, Mr. Aderinokun held various key positions in prestigious organizations. He began his career at First Marina Trust Ltd as an MIS and Account, followed by a role as an Analyst at Wall Street Trust Company.

Subsequently, he served as a Banking Officer at United Bank for Africa Plc and later founded Pure Synergy. At ThisDay Newspaper Group, he distinguished himself as an Associate Editor and Group Business Editor, responsible for editing and writing compelling business stories and analyses.

ALSO READ  Latest Report Reveals Oppo Smartphone Democratising Access To Professional-Grade Photography

Mr. Aderinokun holds a Bachelor of Science degree in Mathematics from the University of Ilorin and a Master of Business Administration (MBA) from the University of Lagos. His educational background, coupled with his extensive professional experience, equips him with a comprehensive understanding of the business landscape.

The Nigerian Guild of Investigative Journalists (NGIJ) is a professional body that promotes investigative journalism, ethical standards, and accountability in Nigeria. The guild comprises seasoned journalists who are committed to upholding the principles of integrity, fairness, and accuracy in their work.

Author Profile

Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
ALSO READ  Akeredolu Overburdens Ondo People With Heavy Taxation, White Elephant Projects - PDP
Latest entries
Continue Reading

News

ICDA Chairman, Abubakar Sadiq Debunks Rumours of Unpopular Movement, Calls for Prayers

Published

on

ICDA Presiddent Abubakar Sadiq
Share this Story

Igala Cultural and Development Association (ICDA) National President, Alhaji Abubakar Sadiq has debunk rumour making the round on social media that the leadership of the apex social-cultural group of the Igala nation (ICDA) has approved an unpopular movement. push({}); adsbygoogle || []).push({});

Abubakar made this known in his first podcast after the Kogi governorship election held November 11th, 2023 and received by The Informavores!, saying that he did not hold any meeting with anybody approving any unpopular movement.

In his message that was passed in Igala Language and roughly translated, he said in part that, “There is rumour making the round and our people have been calling me left and right concerning some people that ICDA held meeting with or append signature for approval so that they can go to VIPs of Kogi State. “

ALSO READ  Abba Kyari, Chief of Staff to President Muhammadu Buhari is dead of COVID-19

”All that rumour is not true. We did not hold meeting with anybody and ICDA did not sign any agreement of approval with anybody”.

“And there is no any Igala son/daughter in this trial time that would volunteer to lead such movement. For this reason, as far as we are concern, all that rumour is not true”

“And so, don’t be deceived and misled by mischief makers.”

Recall that the Kogi State Governorship Election Petition Tribunal sitting in Abuja in the petition filed by Social Democratic Party, SDP and its candidate, Muritala Ajaka is still ongoing and the rumoured movement may not be unconnected with it.

ALSO READ  Nigeria @ 60: Bello Promises More Democracy Dividends, Vows To Sues Fraudulent Workers

Abubakar further revealed and reassured that preparation is in top gear to elect new executives members that would pilot the affairs of ICDA in a short period of time.

He concluded his message with prayers and admonish the teaming populace to be more prayerful and steadfast.

Author Profile

Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
ALSO READ  Russia-Africa Economic and Humanitarian Summit Adopts Action Plan 2023-2026
Latest entries
Continue Reading

Recent Posts

Copyright © 2021 Informavores Nigeria Communication Enterprises | Powered by ObajeSoft Inc