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NIEPF: Buhari Speaks On Committed Partnership With U.S To Boost Nigeria’s Trade

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NIEPF: Buhari Speaks On Committed Partnership With U.S To Boost Nigeria's Trade

Nigeria’s President, Muhammadu Buhari, has assured Nigerians of a continuous relationship with the United States of America to boost trade in the country.

Buhari disclosed this at the Nigeria International Economic Partnership Forum (NIEPF) in New York when he addressed the Business Council for International Understanding (BCIU), revealing a re-set of Nigeria’s economic policies.

“Earlier this morning, I welcomed many of you to the commencement of the #NigEconForum, and my address touched on the fundamentals of Nigeria’s efforts to re-set her economic policies for effective delivery of services and fulfillments to our citizens.” Buhari wrote.

READ ALSO: Dangote, Bill Gates, Others To Address Global Investors At The NIEPF 2nd Edition

President Buhari reminded his citizens of past trade collaborations with the U.S, promising the relationship would strengthen more.

Explaining how the trades can improve better, Buhari disclosed other sectors in the country, other than oil and gas that can grow the economy.

“In 2020, Nigeria exported over $1.69 billion worth of goods to the US. These exports were primarily made up of crude oil and other petroleum products.

READ ALSO: Dangote, Bill Gates, Others To Address Global Investors At The NIEPF 2nd Edition

“Nigeria’s capability is not just limited to the oil and gas industry, but a variety of other sectors that hold notable potential. We are the largest economy in Africa and have over 200 million-strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture, healthcare, light manufacturing, infrastructure development, and technology,” The President added.

Concluding, Buhari reiterates his Administration’s continued commitment to maintaining an enabling business environment that is open and friendly to foreign investors.

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General News

Chaos and Confusion Trail the introduction of Nigerian ‘Brown Card’

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Chaos and Confusion Trail the introduction of Nigerian ‘Brown Card’

There is currently chaos and confusion over the hurried introduction of “Brown Card”, a new document for permanent residency for foreigners in Nigeria by the immediate past government.

The innovation, which was announced by the former minister of interior, Rauf Aregbesola, was packaged without the input of relevant agencies and stakeholders. Aregbesola made the announcement at the conferral ceremony for 385 foreigners.

However, there has been apprehension and confusion since the introduction as stakeholders are querying the hurried nature of the new policy. These worries revolve around the execution, and the intention of this policy. A source close to the new administration disclosed that the policy is being reviewed.

Currently, there are reports of unscrupulous ISIS characters using the back door routes with ECOWAS passports from countries such as Guinea Bissau thronging through West Africa. Who can key into this Brown Card.

It would be recalled that towards the twilight of the previous administration, many policies and bills were signed which are expected to benefit Nigerians in the long run. However, this is one of those policies that is being revisited by the new administration to ensure that the interest of Nigeria, overrides the interest of a few.

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Police Nab 2 Over OAU Student’s Death

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Police Nab 2 Over OAU Student's Death

Two persons said to be members of the Awo Hall Executives have been arrested by the police, following the death of a 500 Level student of the Civil Engineering Department at the Obafemi Awolowo University, Ile-Ife, Osun State, Ahize Okoli.

Okoli was reportedly beaten to death by a mob on suspicion that he stole a mobile phone.

Sources on the campus said the student was accused of stealing a mobile phone in Awo Hall on Monday and after he had been severely beaten, he was moved to the Students Union Building in the early hours of Tuesday where he remained till around noon.

It was further learnt that because of the beating he received, Okoli’s health deteriorated and he was rushed to the OAU Teaching Hospital, Ile-Ife, where he was confirmed dead Tuesday afternoon.

The Osun State Police Command, while giving an update on the incident on Wednesday, described the two people detained as student leaders.

The command’s spokesperson, Yemisi Opalola, who spoke to journalists, said, “Investigation into the incident will continue and justice would be served. We have arrested two student leaders in connection with the incident.”

Also speaking, the university’s Public Relations Officer, PRO, Abiodun Olarewaju, said the police should be allowed to investigate the matter, adding that the management of the institution would also carry out its investigation.

Olanrewaju said, “The university will not meddle in such a grievous offence. It bothers on the criminality of murder.

So, let the police do their job and we will do our own here. We are going ahead with our investigation.”

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EKSU Shut Over Students’ Protest

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EKSU Shut Over Students' Protest

The authorities of Ekiti State University, Ado Ekiti, Ekiti State have shut down the institution following protests by students who were demanding a review of late registration fee and other fees levied by the institution.

The students, carrying placards, had, on Tuesday morning, come out in their numbers to protest the fees, which they said were unbearable and amounted to extortion.

The protesting students, who condemned the N5,000 late registration fee imposed on them by the school, blocked the main gates, preventing both students and lecturers from gaining entrance into the university.

The Students’ Union Government Public Relations Officer, Dotun Ogunsanya, who described the fees as an extortion, said, “This is more worrisome especially that we do not enjoy any facility in the school. There has not been power supply within and outside the university premises for many years now.”

EKSU Vice Chancellor, Prof Edward Olanipekun, however, on behalf of the university Senate, approved the suspension of academic activities on the campus for two weeks with effect from Monday.

The Head, Directorate of Information and Corporate Affairs, Bode Olofinmuagun, in a statement, directed all students of the university to vacate the campus immediately and should not be seen within the premises for the next two weeks.”

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