Business
Agency, LGAs To Promote Investment In Bayelsa
The Bayelsa State Invest
ment Promotion Agency (BIPA) has said that it plans to chart a new course for investments in the state in collaboration with local government chairmen.
The Director General of the agency, Ms Freda Murray-Bruce, told newsmen in Yenagoa recently that the investment drive would involve the leadership of the third tier of the government.
According to her, an investment stakeholders’ meeting has been scheduled to hold in the state in the next few weeks.
Murray-Bruce said the agency would continue to collaborate with stakeholders in the advancement of investments in the state.
The director general said that BIPA considered it imperative to relate with the eight local government chairmen in the state as they were directly involved with grassroots development.
According to her, the meeting will explore the possibility of organising investment road shows in every local government headquarters.
She said that such road shows would help in highlighting the investment potential of each local government area.
Murray-Bruce disclosed that the consultation with the chairmen would emphasise the need to undertake a feasibility study for every investment potential and to provide support to interested investors.
Another area for discussion, she added, was the need to empower the local authorities to come up with strategies that could guarantee conducive and serene environment for businesses in the state.
The director general said that at the end of the proposed meeting, BIPA would have established synergy with the local governments and acquired critical information needed for the advancement of the state.
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.”
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