Business
Board Tasks Council On Non-Oil Export Sector
The newly-inaugurated board of the Nigeria Export Promotion Council (NEPC) has been charged to upgrade the non-oil export sector to become a significant contributor to Nigeria’s Gross Domestic Product (GDP).
The Board Chairman, Mrs Grace Clark, gave the charge while declaring open a four-day retreat in Uyo last Monday.
“This effort will help make the country less dependent on oil export,’’ she said.
Clark said the board’s vision is to cut down on the country’s oil export dependence.
“This will be by making sure that there is diversification in the economy where non-oil resources are able to contribute to the Nigerian economy,’’ the board chairman said.
She said the new NEPC management would play a vital role in the creation of awareness, as well as the development and promotion of the non-oil export sector of Nigerian economy.
“The council will be repositioned to be at the top tier of President Goodluck Jonathan’s transformation agenda.
“We are trying to break the dependence on oil. Everybody is talking about oil, and if you follow the research that has been going on worldwide, very soon the oil product will fall.
“If it falls, what do we fall back to? It has to be that we will fall back to non-oil products, and that is what we are trying to empower ourselves to make sure that our non-oil exporters are well known all over the world,’’ Clark said.
However, the board chairman appealed for adequate funding for the council to ensure an actualisation of her dream, saying the only problem confronting the organisation was the issue of funding.
“It has restrained us. We want to be part of the President’s transformation agenda and you can’t do it with words. We have a lot of things we have to promote and we have to promote them with funds.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
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
