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I’m Not Aware Of N5,000 Notes –Mark

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The Senate President, David Mark has denied knowledge of the proposed introduction of N5000 notes by the Central Bank of Nigeria (CBN), noting that this is basically why he has not taken any position on the issue.

Mark, who made the assertion while declaring open the 8th All Nigeria Editors Conference organised by the Nigerian Guild of Editors (NGE), in Uyo, Akwa Ibom State yesterday, said that if as Senate president, he was yet to be furnished with information on the proposed restructuring of the nation’s currency, then something must be wrong somewhere.

The Senate president stated that the Freedom of Information Act (FOI) had provided enough room for editors to decipher what constitutes national security.

Describing the theme of the conference, “The Nigerian Editor and National Security’’ as apt, he advised the editors not to allow “breaking news to break up the country’’.

“The problem we have is the balance between what will make you remain in business and what constitutes national security issue.

“I believe that journalists are very patriotic people because they are the first victims of any major crisis.”

The Senate president described media as an important tool in the business of statecraft, national survival and preservation, and advised editors to be extra careful, fair and conscious of national unity, because security issues covered infrastructure, health, welfare and energy, among others.

Earlier in a goodwill message, the Deputy Speaker, House of Representatives, Rep Emeka Ihedioha, noted that editors’ challenge had always been that of balancing constitutional duty and national security.

Ihedioha said the National Assembly recently passed the ‘Terrorism (Prevention) Act 2011’  to assist in the fight against terrorism, and said that the legislature would welcome recommendations that would further improve national security legislation.

He assured editors that the house would stand firm with the media until terrorism was defeated, adding that the National Assembly would not impose any decision on the people in the ongoing constitutional reforms.

“We will pander to the well articulated interests of the people as far as the constitution amendment process is concerned.

“We shall soon embark on intense consultations with the people at the grassroots. The media has a crucial role to “play in this consultative process,” Ihedioha said.

In another goodwill message, the Newspapers Proprietors Association of Nigeria (NPAN) pledged to support the guild in all its activities.

Delivering the association’s message, Mrs Comfort Obi, the publisher of ‘The Source Magazine’, lauded the guild for the theme of the conference.

She advised them to see reportage as a sacred duty and to do so with all sense of responsibility.

Similarly, the NUJ President, Mr Mohammed Garba, noted that the media had a crucial role to play in the knotty issue of national security and conflict management.

Garba expressed the hope that the conference would make recommendations that would  assist in nation building.

Also speaking, Governor Godswill Akpabio of Akwa Ibom advised Nigerian journalists to be more patriotic in the course of their duties.

According to the governor, “we should clothe this country in beautiful garments as editors so that it will be a better place for us to live in’’.

He said the security challenges in parts of the country had hindered socio-economic growth and advised journalists to imbibe the virtue of patriotism.

“You should be able to transmit information as journalists with respect to national security at heart.

“We are at a critical time of our nation’s development agenda; it will, therefore, be necessary for you to edit and publish stories that will help in driving national development,” Akpabio said.

He said past leadership had made efforts aimed at achieving meaningful development, but hindered by ethnic bias and violent practices.

The governor said efforts should be made to address the problem of national security to sustain the economic growth.

He said that Muslim leaders in the state would meet on Sept. 23, to address issues bordering on security.

In his goodwill message, Mr Bayo Atoyebi, Executive Secretary, Nigerian Press Council, urged journalists to collaborate with security agencies to tackle insecurity.

“As gatekeepers, we must work closely with each other so as to proffer solutions to the issue of security,” he said.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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