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Minister Wants Foreign Missions To Attract Investments

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Foreign Affairs Minister, Amb. Olugbenga Ashiru, has said that attraction of foreign investments, skills and technology must be given top priority by Heads of Nigeria Missions abroad.

Ashiru told the Heads of Nigeria Missions in the Southern Africa countries at the signing of the performance contract in Pretoria, South Africa on Friday that the Heads of Missions should justify the trust reposed on them by Nigeria.

“As I have said before, any officer who is either unable or unwilling to live up to the highest standard of professionalism and efficiency service delivery will henceforth find it difficult to operate in the new environment that we seek to create.

“Promotion and welfare of Nigerians must be accorded top priority, with unflinching support and understanding of Mr. President.

“The Nigerian government is determined to provide the right environment, including the provision of requisite resources that will enable Nigeria Mission abroad better delivery on government transformation agenda,’’ Ashiru said.

He said the signing of the performance contract with him by the Heads of Missions was in line with the new policy and practice of the Federal Government of Nigeria.

“Among other things, the performance contract process, an innovative management practice, is intended to foster accountability in service delivery and cost-effectiveness in the conduct of government business in Nigeria.

“ Under the scheme, public servants are expected to be better focused in the discharge of assigned tasks with specific target and timeliness that can be regularly evaluated and measured against overall government policies and objectives,’’ he said.

He said it was no longer valid argument in the foreign ministry that the outputs were intangible and hardly susceptible to performance evaluation and measurement.

“To change this norm and in tandem with the vision of Mr. President, I have sought to deploy foreign policy as an instrument of economic development in a manner that facilitate job creation for the Nigerian people, while contributing to poverty eradication across the country,’’ Ashiru said.

He charged the Heads of Missions to protect the interest of Nigeria abroad, protect the interest of Nigeria economy and improve the profile and image of Nigeria abroad.

Minister of Trade and Investment, Dr. Olusegun Aganga, while addressing the Heads of the Missions, said the new Nigeria foreign policy should be economic diplomacy.

“My ministry and the foreign affairs ministry have a strong partnership. I have been collaborating with the Minister of Foreign Affairs in areas of visas regime,’’ he said.

He said Heads of Missions had a duty and responsibility to attract investors to the country from their respective missions.

“The Heads of Missions have an important role to play in the country’s attainment of growth and development through attraction of foreign investors to the country,’’ Aganga said.

“You must have trade and investment desk in your various missions .There is also the need to set up regional trade and investment across the globe.

“Your role in regional trade and investment are key for intra-trade within the continent,’’ Aganga said.

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Association Woos Govt, Coys On  Boat Operators  Employments

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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
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FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

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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.
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“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
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NIWA Harps On  Avoidance Of Leaking Boats

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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
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