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FG Launches Nigeria Economic Diplomacy Initiative in Ghana to Accelerate Development



The Nigerian High Commissioner to Ghana, Ambassador Olufemi Michael Abikoye, has introduced the economic initiative of the Ministry of Foreign Affairs, the ‘Nigeria Economic Diplomacy Initiative’ (NEDI) to the business community in Ghana.
NEDI aimed at creating an enabling environment for businesses as well as to attract Foreign Direct Investment (FDI) to Nigeria.
Amb Abikoye introduced the initiative at a conference held on 10th May, 2018, in Accra, christened ‘GHANGERIA RISING 2018’ under the theme ‘Harnessing the Business Opportunities in Ghana and Nigeria to Accelerate Inclusive Economic Growth and Development’.
The first edition of what will be an annual conference, alternating between Ghana and Nigeria, promises to be a platform for continuous conversation by Ghanaian and Nigerian business persons on business opportunities, practices and challenges in both countries.
The one-day conference was declared opened by the Vice President of the Republic of Ghana, Dr Mahamudu Bawumia and had in attendance the Minister of Foreign Affairs and Regional Integration of Ghana, Honourable Shirley Botchwey and His Excellency, Ambassador Olufemi Michael Abikoye, the High Commissioner (HC) of the Federal Republic of Nigeria to the Republic of Ghana all of who delivered special addresses.
The conference focussed on four key sectors of importance to Nigeria and Ghana; Agrobusiness, Banking and Finance, Oil and Gas, Information and Communication Technology (ICT). Over one hundred policy makers, regulators, experts, entrepreneurs, facilitators and practitioners in the aforementioned sectors were present to lead the conversation.
Abikoye reminded attendees that the two countries, from 18th — 20th October, 2018, held the 7th Permanent Joint Commission for Cooperation (PJCC) in Accra, Ghana where bilateral instruments discussed and agreed upon include trade and double taxation agreements, capable of supporting the paradigm shift in the emerging trade and economic initiative between the two countries.
According to him, for business persons to operate unhindered, certain measures must be taken by both countries to break the barriers. Some of the conclusions made identified areas of business where each country enjoys competitive advantage including:
a) Nigeria’s advantage in agrobusiness wherein rice, yam, millet and sorghum among others;
b) Nigeria’s expertise in on-shore oil exploration and ancillaries which Ghana could attract rather than contracting non-Africans;
c) Removal of barriers by each country: Nigeria should consider a bilateral concession to Ghana concerning her prohibition list; On the other hand, Ghana should remove section 27(1a) of the GIPC Act 865 of 2013 restricting foreign traders, mainly Nigerians from the retail sector of the country.
For Nigeria, there are economic, political, and socio-economic benefits including:
a) Preserving the increasing Foreign Direct Investment (FDI) of over $100b outflow from Nigeria into Ghana;
b) Sustaining an increasing the exploits of Nigerian businesses in Ghana including eight banks, two insurance companies, Dangote Group, real estate, transportation, retail trade, oil and gas and hospitality;
c) The economic power would enhance Nigeria’s political power within the ECOWAS region;
d) Creation of employment for Nigeria’s teeming youth;
e) Provision of market expansion; and
f) Ensure common position on multilateral issues.
Also, it is noteworthy that Ghana has in various fora expressed her desire to enter the Nigerian market in order achieve a market size of about 230 million consumers.
Courtesy: Prompt Newsonline

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Gov Election 2023: Thugs Invade Lagos Polling Unit, Disperse Voters




Thugs in large numbers have invaded Adejare Polling Unit in Ilasa, Oshodi/Isolo Local Government Area of Lagos State to disperse voters who were waiting for officials and ad hoc staff of the Independent National Electoral Commission to begin voting for the ongoing governorship and state assembly election.

According to an eyewitness, Arome Solomon, INEC officials were nowhere to be found as of 10:12 am, and this left many people stranded until the thugs in the adjoining street invaded the polling unit with daggers and other sharp objects to disperse them.

“Policemen are also not present. The people have all run away and are not willing to return,” he added.

Another eyewitness who craved anonymity and doubles as a party agent at Polling Unit 052, Olusoji Street, off Afariogun, Oshodi said there was no police presence at the voting venue.

He added, “I was driven out of the area by suspected All Progressives Congress thugs after confirming that I am an agent of the opposition party.

“They seized my phone and checked through it to confirm that I haven’t recorded their activities.

“They also chased away non-indigenes despite registering at many of the polling units threatening to beat them if they resist,” he maintained.

The Punch

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#NigeriaDecides2023: Don’t Compromise Democracy by Enabling Election Violence – Atiku




Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has warned political leaders across the country, especially in Lagos State to desist from actions that promote election violence, such that can compromise peace and unity and democracy in the country.

The PDP presidential flag bearer specifically frowns at how lackeys of political leaders in Lagos State continue to make ethnic slurs aimed at intimidating voters in the state.

“I have watched with profound disdain a certain video in circulation where some persons known to be associates of the leaders of the ruling party in Lagos State are issuing threats against other ethnic groups in the build up to the Governorship and State House of Assembly election in the state tomorrow.

“I condemn this uncivilized behaviour and also condemn the criminal silence of the security agencies and the political leadership in Lagos State and Abuja on this development.”

It will be recalled that the helmsman of the Park Management System in Lagos State, Mr. Musiliu Akinsanya, popularly known as M C Oluomo, threatened non-Yoruba, specifically Igbo in Lagos, not to dare vote for another political party other than the APC.

However, Atiku, in his rejection of the threats, said: “every democracy is as virile as the culture of the electoral system that governs it. The democracy that we fought for and operate in Nigeria thrives on the principle of free and equal participation.

“Beyond that, I find it morally wrong and repugnant for political actors to make broad day incitements against a particular ethnic bloc, in an attempt to intimidate them from voting their choice candidate.

“It is not enough to talk about the promise of a free and fair election. The actions that we take prior to Election Day must have the integrity of a badge of honour.

“It is therefore on this note, that I specifically call on security agencies in the country to ensure that politicians and their protégés submit to the rules of democratic fair-play across the country, especially in Lagos State, for the sake of decency and the promotion of peace and unity,” Atiku said.

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Call Your Lieutenants to Order, NSA Warns Politicians Ahead Guber Polls




The National Security Adviser (NSA), Babagana Monguno, has called on political gladiators in the country to call their supporters to order ahead of the forthcoming governorship and state assembly elections

He also said security agencies will work round the clock to ensure the polls are conducted safely in the country.

Speaking at a meeting of the inter-agency consultative committee on election security organised by the Independent National Electoral Commission (INEC) on Tuesday, Mongonu commended security agencies, political parties and individuals for the peaceful conduct of the presidential and national assembly elections.

The NSA urged politicians to call their supporters to refrain from violence during the polls.

“Our preparation for the presidential and national assembly elections took place a few days ago. These elections were conducted with a considerable level of success in terms of security, in terms of collation and other matters,” Monguno said.

“I want to echo what the INEC chairman has just said by way of commending security agencies and intelligence organisations in the process that we just witnessed. Of course, the elections we are going into on Saturday are going to be much more complicated.

“Contextually, they are going to be different, but first of all, we are going to have 1,021 constituencies, meaning we are going to have more people interested, more people voting, more collation centres and obviously, the dynamics would be much more different than the elections that were just concluded.

“While commending the efforts of the various political parties and the individuals that participated in the last election, especially those that called for peace, for calm, I want to also urge the same individuals, especially at the state level to demonstrate the same level of maturity, the same level of discipline by calling their supporters to conduct themselves in a manner that is congruent with the expectations of the larger Nigerian society.

“Of course, there are channels for laying complaints and for addressing these complaints. For the security agencies, I know a lot has been done. I’ve been talking with the chief of defence staff, I’ve been talking with the Inspector-general of police, who is the head of the lead agency in the process of elections.

“So far so good, we do not envisage anything that is going to be terrible or apocalyptic in terms of the next few days. But, that does not mean that we should all do away with our readiness. We must comply with the rules, we must also allow everyone. I’ve said this so many times to exercise their fundamental right as citizens of this country.

“What we do not want to happen is for anybody to take the law into his or her own hands. I want to be very very clear on this, we are going to give the maximum support to all entities involved in this process.

“And we are also calling on the political bigwigs, the gladiators to call their lieutenants to order. Anybody who is itching to undermine this process should please think again. It is not in his own interest, not in the interest of the nation as well.

“Finally, those of us in the security agencies will continue to work round the clock. All the crisis centres are open and we will be talking with the chairman of INEC, if there’s anything that needs to be done, if there’s anything that needs to be added, my office is always open, ready and available to give that support.”


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