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15102019 - What Benin, Niger must do to get borders reopened — FG

Vanguard Newspaper 15 October 2019

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16<strong>—</strong>Vanguard, TUESDAY, OCTOBER 15, 2019<br />

AWARD: From left<strong>—</strong><br />

Executive Head of<br />

Department (Ag)<br />

Operations, Olumide<br />

I<strong>do</strong>wu, Finance Direc<strong>to</strong>r,<br />

Oluseyi Olanrewaju,<br />

Finance Manager<br />

Treasury, Fejiro Adaka<br />

and Finance Manager, Tax,<br />

Yusuf La-Kadria all of<br />

Vodacom Business<br />

<strong>Niger</strong>ia, at the 5th <strong>Niger</strong>ia<br />

Finance Innovation Award<br />

where the company won<br />

awards for CFO of the<br />

year and Finance team of<br />

the year in Lagos.<br />

No opposition comment: APC frustrated over<br />

leakage of its plan on Atiku's appeal <strong>—</strong>CUPP<br />

•Asks party <strong>to</strong> s<strong>to</strong>p day dreaming of a one party state, 3rd term<br />

By Joseph Erunke<br />

ABUJA<strong>—</strong>THE Coalition<br />

of United Political<br />

Parties, CUPP, yesterday<br />

carpeted the ruling All<br />

Progressives Congress,<br />

APC, over the statement<br />

credited <strong>to</strong> the party on<br />

Sunday that <strong>Niger</strong>ia lacked<br />

opposition and was drifting<br />

<strong>to</strong>wards a one-party state.<br />

The coalition in a<br />

statement, said the ruling<br />

party’s claim was borne out<br />

of frustration that it leaked<br />

its plan <strong>to</strong> alter seniority in<br />

the Supreme Court justices<br />

that will preside over the<br />

appeal between candidates<br />

of the APC and the<br />

opposition Peoples<br />

Democratic Party,<br />

PDP,President<br />

Muhammadu Buhari and<br />

former Vice President Atiku<br />

Abubakar.<br />

In the statement by its<br />

spokesman, Ikenga<br />

Ugochinyere, CUPP said it<br />

noted what it described as<br />

the uncharitable words<br />

used by the party’s<br />

spokesman, Lanre Issa-<br />

Onilu, in describing the<br />

CUPP which had remained<br />

a thorn in the flesh of the<br />

APC government whose<br />

sole agenda is <strong>to</strong> subdue<br />

the legislature, judiciary,<br />

the media, opposition<br />

members and those it felt<br />

made it accountable.<br />

The statement read:<br />

“Coalition of United Political<br />

Parties, CUPP, has read a<br />

statement credited <strong>to</strong> the All<br />

Progressives Congress,<br />

APC, that <strong>Niger</strong>ia under its<br />

government is becoming a<br />

one party state.<br />

“We also note the<br />

uncharitable words used by<br />

the party’s spokesman,<br />

Lanre Issa-Onilu, in<br />

describing the CUPP which<br />

has remained a thorn in the<br />

flesh of the APC<br />

government whose sole<br />

agenda is <strong>to</strong> subdue the<br />

legislature, judiciary, the<br />

media, opposition<br />

members and those it feels<br />

makes it accountable.<br />

“The party’s outburst<br />

against opposition parties<br />

did not come <strong>to</strong> us as a<br />

surprise. The APC has<br />

shown that it is pained by<br />

CUPP’s recent exposure of<br />

its plan <strong>to</strong> alter the seniority<br />

tradition of selecting<br />

Supreme Court justices<br />

who sit on presidential<br />

election appeal, hence the<br />

outburst.<br />

“The attack by the APC is<br />

part of the party’s failed evil<br />

agenda <strong>to</strong> turn <strong>Niger</strong>ia <strong>to</strong> a<br />

Uromi leaders back Okiye as E<strong>do</strong> Speaker<br />

By Alemma Aliu<br />

BENIN CITY<strong>—</strong>THE<br />

Uromi Leaders of<br />

Thought, ULT, yesterday,<br />

threw their weight behind<br />

Hon. Frank Okiye as<br />

Speaker of E<strong>do</strong> State<br />

House of Assembly.<br />

The leaders made this<br />

position when they paid a<br />

courtesy call on the speaker.<br />

Made up of elder statesmen<br />

including the<br />

intelligential, businessmen,<br />

members from the academics<br />

and others, the group<br />

also called on the Speaker<br />

<strong>to</strong> extend the olive branch<br />

<strong>to</strong> members yet <strong>to</strong> be inaugurated<br />

<strong>to</strong> make it possible<br />

for them <strong>to</strong> be inaugurated.<br />

Presenting an address on<br />

behalf of the group,<br />

Professor Mike Obadan<br />

said: "Mr Speaker, your<br />

election did not come <strong>to</strong> us<br />

as a surprise because in<br />

your previous two terms,<br />

you distinguished yourself<br />

as a reliable representative<br />

of your Constituency. We<br />

therefore have faith and<br />

implicit confidence in you<br />

<strong>to</strong> <strong>do</strong> more in this new<br />

dispensation."<br />

The group also<br />

commended Governor<br />

Godwin Obaseki for the<br />

developmental work his<br />

administration is <strong>do</strong>ing in<br />

the area particularly the<br />

Uromi - Ugboha water<br />

works which it was<br />

gathered has the capacity<br />

<strong>to</strong> serve the whole of E<strong>do</strong><br />

Central Sena<strong>to</strong>rial District.<br />

The leaders urged the<br />

speaker <strong>to</strong> use his position<br />

<strong>to</strong> influence government <strong>to</strong><br />

address some challenges in<br />

the area including security,<br />

the aban<strong>do</strong>ned cassavita<br />

industry which they said<br />

since it was built 20 years<br />

ago, it has never been put<br />

<strong>to</strong> use, the dilapidating<br />

state of Esan Grammar<br />

School and a development<br />

plan for Uromi.<br />

In his response, Okiye<br />

said he was humbled by<br />

the support he got from such<br />

array of prominent sons from<br />

Uromi.<br />

He said considering the<br />

fact that late Chief Tony was<br />

one party state and <strong>to</strong> <strong>get</strong><br />

third term for President<br />

Muhamadu Buhari.<br />

“We want the APC <strong>to</strong><br />

know that this unwarranted<br />

attack will not deter us from<br />

continuing <strong>to</strong> expose all the<br />

evil plans of this<br />

government. We advise<br />

the party <strong>to</strong> for<strong>get</strong> these evil<br />

agenda because they will<br />

not materialise in <strong>Niger</strong>ia.<br />

“<strong>Niger</strong>ians will not allow<br />

enemies of the country <strong>to</strong><br />

build a Museveni or Paul<br />

Biya country here. They<br />

should s<strong>to</strong>p their day<br />

dreaming.<br />

“We also ask the party,<br />

since it claimed it has no<br />

opposition, <strong>to</strong> settle <strong>do</strong>wn and fix<br />

<strong>Niger</strong>ia. This is the least<br />

<strong>Niger</strong>ians expect from them. Or<br />

are they blaming their supposed<br />

lack of opposition as the cause of<br />

their woeful performance?”<br />

from the area and a pillar<br />

of the Peoples Democratic<br />

Party, he was able <strong>to</strong> win his<br />

election because the support<br />

he got from the group<br />

whose membership cut<br />

across several Political parties.<br />

Okiye said the Obaseki<br />

administration with his redesigned<br />

security architecture<br />

would tackle the security concerns<br />

raised by the elders.<br />

TGI Distri launches campaign <strong>to</strong> feed 10,000<br />

indigent persons<br />

By Prince Okafor<br />

LAGOS<strong>—</strong>WITH over one<br />

billion people<br />

undernourished globally,<br />

TGI Distri, has launched its<br />

campaign <strong>to</strong> give free meals<br />

<strong>to</strong> over 10,000<br />

underprivileged<br />

individuals nationwide.<br />

This development<br />

according <strong>to</strong> the company<br />

will commence from the<br />

16th of Oc<strong>to</strong>ber, <strong>to</strong><br />

December, 2019.<br />

TGI Distri Ltd market and<br />

distribute all products of<br />

Tropical General<br />

Investments, TGI, Group<br />

companies such as Terra<br />

seasoning cubes, Renew<br />

Starch, Shine All<br />

Dishwashing Liquid, Shine<br />

All Scouring Powder.<br />

According <strong>to</strong> the<br />

Managing Direc<strong>to</strong>r, TGI<br />

Distri Limited, Mr. Sunil<br />

Sawhney, "this Terra<br />

Cares4Naija initiative is a<br />

way <strong>to</strong> reciprocate the<br />

overwhelming love and<br />

affection received by Terra<br />

Cubes & Big Bull Rice since<br />

inception, by <strong>do</strong>ing our<br />

humble bit for over 10,000<br />

<strong>Niger</strong>ians.<br />

“Our products are made<br />

by <strong>Niger</strong>ians, for<br />

<strong>Niger</strong>ians, in <strong>Niger</strong>ia and<br />

our watch words are: Food,<br />

Care and Love.<br />

“Do we have the power <strong>to</strong> help<br />

<strong>Niger</strong>ia and the world solve the<br />

problems they are facing? No, but<br />

we can help <strong>to</strong> put smiles on people’s<br />

faces, our products are made<br />

in <strong>Niger</strong>ia and with <strong>Niger</strong>ia materials”.<br />

Also speaking at launch, Mr<br />

Govind Agarwal, Marketing<br />

Manager, TGI Distri Limited<br />

(Marketers of Terra Seasoning<br />

Cubes, Renew Starch amongst<br />

others), stated “The<br />

TerraCares4Naija initiative is true<br />

<strong>to</strong> the values which make Tropical<br />

General Investments (TGI)<br />

Group, a responsible business<br />

entity in <strong>Niger</strong>ia. Through the<br />

Terra Cares4Naija initiative, we<br />

aim <strong>to</strong> put beautiful smiles on the<br />

faces of over ten thousand fellow<br />

<strong>Niger</strong>ians”.<br />

S<strong>to</strong>cks meander on caution over<br />

trade talks, <strong>do</strong>llar gains<br />

T<br />

HE U.S. <strong>do</strong>llar gained on Monday as initial opti<br />

mism ebbed over a potential U.S.-China trade deal<br />

that President Donald Trump outlined last week, but a gauge<br />

of global equity markets was little changed as inves<strong>to</strong>rs<br />

sought details.<br />

Oil prices fell more than 3 percent as scant details about<br />

the first phase of a Sino-U.S. trade deal undercut optimism<br />

over a thaw in the dispute that has sparked a slow<strong>do</strong>wn in<br />

global growth.<br />

A slide in Chinese exports picked up pace in September<br />

while imports contracted for a fifth straight month, evidence<br />

of further weakness in China’s economy as tariffs<br />

take their <strong>to</strong>ll.<br />

China’s exports fell 3.2% from a year earlier in September,<br />

the biggest fall since February, cus<strong>to</strong>ms data showed.<br />

Zimbabwe unveils plan for $12 bn<br />

in mineral revenue by 2023<br />

ZIMBABWE is tar<strong>get</strong>ing a fourfold increase in<br />

revenue from minerals by 2023 but an ambitious<br />

plan unveiled by Mines Minister Wins<strong>to</strong>n Chitan<strong>do</strong><br />

on Monday gave little detail on how the government<br />

would achieve this.<br />

The policy <strong>do</strong>cument, known as the Strategic Road<br />

<strong>to</strong> the Achievement of US$12 Billion By 2023, sees<br />

gold exports at $4 billion and platinum at $3 billion as<br />

the government focuses on “value addition, enhanced<br />

investment within the sec<strong>to</strong>r, increased productivity<br />

and employment creation and increased exports and<br />

foreign-currency generation.”<br />

However, the <strong>do</strong>cument makes no mention of an eagerly<br />

awaited overhaul of the country’s mining legislation<br />

that would be crucial in attracting foreign investment<br />

<strong>to</strong> the industry. It states that “in several cases<br />

the companies undertaking the various projects<br />

have been indicated. Where negotiations are yet <strong>to</strong> be<br />

concluded and or where the companies in question<br />

are quoted on s<strong>to</strong>ck exchanges and relevant announcements<br />

are yet <strong>to</strong> be made, reference will only be made<br />

<strong>to</strong> an inves<strong>to</strong>r.”<br />

AfDB,CIF partner <strong>to</strong> develop green<br />

financing instruments for Africa<br />

The African Development Bank, AfDB in<br />

partnership with the Climate Investment Funds<br />

(CIF) has commissioned the Coalition for Green<br />

Capital (CGC)) <strong>to</strong> prepare a study on the creation of<br />

national climate change funds and green banks in<br />

Africa.<br />

CGC will identify and work with six African countries<br />

<strong>to</strong> conduct feasibility studies for the project, which was<br />

initiated at the Green Bank Design Summit held in<br />

Paris in March 2019. The Summit tasked 23 developing<br />

countries <strong>to</strong> craft a new model <strong>to</strong> mobilise and<br />

accelerate investment in clean energy.<br />

Andrea Colnes, Direc<strong>to</strong>r of Global Green Bank<br />

Development at the CGC noted: “For countries <strong>to</strong><br />

better access climate finance and fully engage the<br />

private sec<strong>to</strong>r, the climate finance system <strong>must</strong> reorient<br />

<strong>to</strong>ward national financial capacity that is able <strong>to</strong><br />

channel capital <strong>to</strong> projects and markets where it is<br />

needed most.”<br />

EIN set <strong>to</strong> boost energy sustainability<br />

in <strong>Niger</strong>ia<br />

ENERGY Institute <strong>Niger</strong>ia, EIN in partnership with<br />

the UK Department for International Trade (UK DIT)<br />

is set <strong>to</strong> hold this year's edition of its annual Energy Sustainability<br />

Conference. The conference, scheduled <strong>to</strong> hold<br />

from 16th <strong>to</strong> 17th Oc<strong>to</strong>ber 2019 at the Lagos Oriental<br />

Hotel presents a suitable platform for all stakeholders<br />

within the energy industry <strong>to</strong> discuss, share ideas, and<br />

make valuable recommendations that will enhance further<br />

growth and development of the sec<strong>to</strong>r.<br />

Under the theme "Energy Landscape: Minimizing Risks<br />

and Maximizing Opportunities", this 2-day conference<br />

seeks <strong>to</strong> enable knowledge transfer, foster relations, and<br />

sharpen skills of participants through specialist hubs,<br />

breakfast sessions and various industry specific panel sessions.<br />

Speaking about the conference, the Chairman of Energy<br />

Institute <strong>Niger</strong>ia Mr. Osten Olorunsola FEI said "The<br />

dual challenge of meeting the demand and the supply<br />

side of energy on one hand, as well as being environmentally<br />

responsible and sustainable on the other hand, simply<br />

means that industry practitioners have <strong>to</strong> devise a<br />

means of pulling in two opposite directions at the same<br />

time". "This is the reason we gather all players across the<br />

energy spectrum <strong>to</strong> co-create solutions <strong>to</strong> global energy<br />

challenges" he added.<br />

Reiterating its undertaking <strong>to</strong> be Africa's leading inves<strong>to</strong>r<br />

by 2022, Emma Wade-Smith, Her Majesty's Trade<br />

Commissioner <strong>to</strong> Africa said: "Promoting the merits of<br />

<strong>Niger</strong>ia and the broader African continent as an economic<br />

partner, means advancing one of the continent's most<br />

prosperous sec<strong>to</strong>rs <strong>to</strong> realize its optimal potential."

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