15102019 - What Benin, Niger must do to get borders reopened — FG
Vanguard Newspaper 15 October 2019
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."