Connect with us

Business

Mechanised Agric, Key Sector For Nation’s Economy

Published

on

Mechanised Agriculture has been identified as one of the key sectors capable of sustaining the nation’s economy if properly harnessed.
Nigeria,s first Lady and wife of the president, Hajiya [Dr.] Turia Umaru Musa Yar’Adua, made the observation Monday during the official flagging – off and lunching of the 2009 cropping season for the Nigerian women in the southern part of the country held at Okpara Square, Enugu.
According to her, no economy can record meaningful feat without agriculture, hence the Yar’Adua led federal government places much emphasis on the sector, stressing the need for the country to always give mechanised farming serious attention it deserved.
She therefore, explained that the southern lunching exercise which was coming less than one week that of the Northern part of the country took place in Abuja, the Federal Capital Territory was a genuine attempt designed to empower Nigerian women in agriculture, adding that provision of the farm implements being made available to the women at a subsidise rate would also go a long way in enhancing food security in the country.
The First Lady, however, called on all and sundry to always support women farmers especially those that are into mechanized farming, pointing out that agriculture, as being encapsulated in the federal government’s 7-point agenda would continue to receive adequate attention of the Federal Government.
Her words: “It is worth mentioning here that women are responsible in carrying out greater percentage of agricultural labour and about 60 per cent food processing activities, they still have access to less than 20 per cent agricultural inputs being distributed nation wide”, saying such situation remains a serious challenge and impediment on the side of the women towards contributing having food security in the nation.
“I salute your efforts, encouragement and determination for actively participating in the socio- economic growth of the nation”, she further stressed.
While welcoming the women to the ceremony which was attended by governor’s wives from the 17 southern states of the federation, Governor Sullivan Chime of Enugu State, commended the First Lady for her effort in encouraging Nigerian women to embrace farming, disclosing that his administration places much emphasis on agriculture.
He made it clear that agriculture was one of his administration’s 4-point agenda, assuring that the state government would continue to encourage and support every genuine agricultural programme in the state.
Earlier in her brief speech, wife of the host governor, Mrs. Clara Chime who led other South-East governors’ wives to the well- attended event noted that despite the fact that majority of the southern people are subsistence farmers, their efforts are not recognized by government , pointing out that, about 70 per cent of all agricultural activities are done by rural women The Enugu State First Lady, however, regretted that despite the tremendous role played by women in the agricultural sector, they have continued to face a scores of obstacles, especially in the southern states of the country, listing some of such barriers to include lack of access to better technology of production and processing machines, non allocation of marginal lands to women, among others, pointing out that better ones are reserved for men in the country.
The occasion was graced by several women farmers’ groups, including the Nigerian Council of Women Society, among other women associations in Nigeria.

Continue Reading

Business

Association Woos Govt, Coys On  Boat Operators  Employments

Published

on

The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
Continue Reading

Business

FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

Published

on

The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
?
“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

NIWA Harps On  Avoidance Of Leaking Boats

Published

on

The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
Continue Reading

Trending