Business
Nigeria ’Il See More German Business Delegations In 2017 – Envoy
The Consul-General of
Germany in Lagos, Mr Ingo Herbert, has announced his government’s plan to lead more business delegations to Nigeria in 2017.
Herbert told newsmen in Lagos Thursday that in spite of the economic situation in Nigeria, more German companies were optimistic about the huge investment opportunities in the country.
The Consul-General also said that his government would be supporting relevant government agencies in strengthening business relations with Lagos, as Nigeria’s economic hub, in 2017.
“Despite this year’s economic situation in Nigeria, there is a clear interest of more German companies and the German business community, to make Nigeria their country of priority in Africa in 2017.
“Among other areas of cooperation with Nigeria in the new year, there would be more business delegations from Germany to Nigeria.
“German companies and business community really want to sustain the many years of business relations with Nigeria in the new year,” he said.
The Envoy, however, said that the German companies and investors would want to invest and do business in a more stable and conducive environment, next year.
Herbert, therefore, said that it was imperative for the relevant Nigerian authorities to provide the enabling environment for these companies that had indicated interest in Nigeria ‘s investment environment.
He said that the German companies and investors would be further encouraged if the government would assure them of political stability, security and provision of infrastructure.
Herbert, however, noted that Nigeria’s current foreign exchange and imports restriction policies would not be of interest to many of the companies.
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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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