Business
Jonathan Woos Austrian Investors
President Goodluck Jonathan says Nigeria is open to greater investment by Austrians in critical sectors of the economy, including power generation.
The President said on Thursday during an audience with the Vice Chancellor and Foreign Minister of Austria, Mr Michael Spindelegger at the State House, Abuja.
“We want to end the era of our people generating power for themselves. We are fully committed to stabilising and boosting public power supply.
“We know that unless this is done, we cannot stimulate economic growth the way we want with the development of more small and medium scale industries,’’ he said.
Reports say that Spindelegger led an Austrian trade and investment mission to Nigeria.
The President also received the outgoing Malaysian High Commissioner to Nigeria, Mr Mustafa Ahmad and thanked the envoy for enhancing the relations between Nigeria and Malaysia.
He also commended Ahmad for facilitating the training of ex-Niger Delta militants in his country under the Federal Government’s Amnesty Programme.
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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
NCDMB Council, Mgt Seek Improvements In Corporate Governance, Performance
