Business
Imoke Disagrees With S’South Economic Summit Critics
The Chairman of the South-South Governors Forum, Senator Liyel Imoke, says the success of the just-concluded second South-South Economic Summit has proved “skeptics” of its propriety wrong.
Imoke, who is the governor of Cross River, made the remark on Saturday at the closing ceremony of the three-day summit held in Asaba, Delta.
He recalled that at the first summit held in Calabar, Cross River, in April, 2009, some skeptics had dubbed it a “talk show” and said that it could not be sustained.
Imoke explained that the views of such persons were because they believed that the people of the region were not united and could not speak with one voice.
“But the success of this second South-South economic summit hosted by Delta has proved those skeptics wrong as it has shown that the people of the region were more committed and united.”
Imoke also said that the success of the summit reflected a positive direction for the region in its development pursuit.
He recalled that the Asaba summit ought to have been held in 2011 but explained that the delay was caused by interruptions in governance in some states in the region, arising from electoral cases in court.
Imoke stressed that the summit was not a talk-show but one designed to bring stakeholders in the public and private sector together to dissect the potentials of the region and chart ways for harnessing them collectively.
The governor emphasised that the time for the people of the region to take charge of their destiny was now, adding that “to achieve this is for the BRACED states to build on the recommendations of the summit.”
He noted that it was laudable that the people of the region had come together to chart a way of taking the economy of the area to greater height.
“The future is yours and only you can determine it. Our challenge in the next one year when the third summit will hold is to report back the progress made.”
Imoke announced that the third and fourth economic summits will be hosted by Rivers ad Awa-Ibom, respectively.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
