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Nigeria, Ghana To Explore New Areas Of Business

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Nigeria and Ghana are set to explore more areas of business opportunities to further strengthen relations between both countries.
Ghanaian High Commissioner to Nigeria, Mr Rashid Bawa, said this in an interview with newsmen when he received a business delegation from Ghana in Abuja.
Bawa said the delegation from the Secondi-Takoradi Chamber of Commerce and Industry (STCCI) had visited the Lagos Chamber of Commerce and Industry and was in Abuja to sign a Memorandum of Understanding (MoU).
He added that the delegation was here to explore new areas through the signing of
According to the Ghanaian envoy, the MoU is between STCCI and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
“This is the first time that we have a regional chamber of commerce from Ghana coming into Nigeria to network with the various chambers here in the federation.
“The delegation met with the Lagos Chamber and they had fruitful discussions and agreed on various areas that will strengthen both chambers and therefore promote business between the two countries.
“The first assignment when the delegation arrived Abuja was to sign a Memorandum of Understanding between the Vice President of NACCIMA and the Chairman of Secondi-Takoradi Chamber of Commerce and Industry (STCCI).
“Of course, it brings closer these two chambers and it promotes networking among them as a body and also introduces their various businessmen to the business opportunities that exist between the two countries.
“By so doing, it will strengthen the economic opportunities between both countries.”
The envoy explained that the MoU would introduce Ghana to “a new network which brings together almost all business opportunities and presenting flexibility to deal with any business opportunity”.
He added that it would also present the businessmen with the opportunity to compare businesses from various angles before going into them.
The National Vice President of NACCIMA, Mr Tony Ejinkeonye, said the MoU signed by NACCIMA and STCCI was on the eSilkroad, a digital network linked to the Silk Road Chamber of International Commerce (SRCIC).
Ejinkeonye said SRCIC is a private initiative of the Chinese Government recruiting members of the Belt and Road initiative (BRI) aimed at creating a digital network that would connect countries’ businesses, trade organisations and chambers of commerce.
The BRI is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organisations in Europe, Asia, Middle East, Latin America and Africa.
“Abuja Chamber of Commerce was the first, when I was president, to register as a member of the SRCIC but currently, so many chambers of commerce in Nigeria have registered and a few in some African countries.
“Can you imagine all businesses within the BRI are registered under the same network; it is an immense thing, just like Facebook.
“I am part of that digital network, I am the Director, Business Development for eSilk network which is what is driving the platform of the eSilkroad and our headquarters is based in Hong Kong. I am representing them in Africa.
“So what I did today was I took the opportunity to register the Secondi-Takoradi Chamber of Commerce into the eSilk network.
“What that means is that by the time our platform starts running they will incorporate all their members and companies into the digital platform. Abuja and the whole of Nigeria will do that. So that is that is the work I am doing,” he said.

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Stakeholders Meet To Assess Nigeria’s Preparedness For AFCFTA

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Stakeholders are expected to converge in Lagos today to take a look at the Nigeria’s preparedness to maximize the gains of the African Continental Free Trade Area (AfCFTA). 
The Tide learnt that stakeholders will be converging at the instance of a popular online newspaper, Primetime Reporters, to assess the progress made so far by the Federal Government through the National Action Committee on AfCFTA agreement.
The event which is the Third Annual Lecture and Awards of the online medium has as its theme: “Assessing Nigeria’s Preparedness to Maximize the Gains of AfCFTA.” 
The event will also witness conferment of awards on eight eminent Nigerians who have distinguished themselves in various fields of human endeavours.
The Managing Director/Editor-In-Chief of Primetime Reporters, Mr. Saint Augustine Nwadinamuo, made this known in a statement made available to The Tide in Lagos on Monday.
According to him, the event will hold at the National Institute of International Affairs (NIIA), Kofo Abayomi Street, Victoria Island, Lagos beginning from 10.00am.
Nwadinamuo said that the event would be chaired by a renowned legal practitioner, Barr. Osuala Emmanuel Nwagbara of the Maritime and Commercial Law Partners, Lagos, while the Director General, Lagos Chambers of Commerce and Industry (LCCI), Dr. Muda Yusuf, would be the lead paper presenter.

By: Nkpemenyie Mcdominic, Lagos

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EFCC Nabs 419 Kingpin Over N250m Fraud

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The Economic and Financial Crimes Commission (EFCC), has arrested a leader of a deadly 419 syndicate, Abayomi Kamaldeen Alaka (a.k.a Awise) over an alleged attempt to swindle an innocent Nigerian of N250 million. 
The Tide learnt that the syndicate operates from a shrine at Ashipa Town, near Abeokuta, Ogun State.
According to a statement made available to The Tide in Lagos on Sunday, by the EFCC, Awise’s arrest followed a petition by his victim, Juliet Bright who lost N250m to the fraudster after she was tricked to provide money for sacrifices and invocations to heal her of an ailment.
The statement said Bright was introduced to Alaka by one Akinola Bukola Augustina (a.ka. Iya Osun) whom she met on Facebook in the course of her search for solutions to her health challenge. 
What drew her to Augustina was the latter’s post under the name, Osunbukola Olamitutu Spriritual Healing Centre.
 Once Bright contacted Augustina, the latter promised to heal her if she could pay N16 million. 
The victim paid the money through an Access Bank account belonging to one Mohammed Sani, who later turned out to be a Bureau De Change Operator.
After paying the money without receiving healing, Augustina transferred the victim to other members of the syndicate, notably Awise. 
Bright revealed that she met Awise at his shrine in Ashipa Town and was hypnotized and subsequently transferred various sum through bank accounts and in cash to the suspect and his syndicate members, until she lost N250 million to them.
Despite all the monies collected from her, her health conditions has never improved.

By: Nkpemenyie Mcdominic, Lagos

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Expert Wants Farmers To Grow Plant Produce For Export

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An expert in Quarantine Agriculture, Dr Vincent Ozuru, has advised Nigerian farmers to give more attention to growing plants produce that could be exported.
He said that plant like the hibiscus, popularly known as Zobo is on high demand in some countries around the world, today.
Ozuru who gave the advice while speaking to aviation correspondents at Port Harcourt International Airport, Omagwa, noted that some plants produce, particularly hibiscus, had yielded huge revenue to the Federal Government through export.
According to him, Nigeria exported about 1,983 containers of hibiscus to Mexico alone in 2017 and earned $35 million within nine months of that year.
The agricultural quarantine expert explained that the export of the plant had a setback as a result of storage pest discovered by the Nigeria Agricultural Quarantine Service in some consignments.
“The issue has now been taken care of and the export is resuming again, and all matters have been resolved with the stakeholders across the value chain.
“Mexico is the largest importer of Nigerian hibiscus, and our farmers should brace up to the challenge.
“The good news is that Nigeria has a vast growing belt in hibiscus, and the harvest is available all year round.
“We need to take advantage of this opportunity to earn foreign exchange for ourselves and for the country at large, even with the commitment of the present administration to diversify the economy”, he said.
Ozuru called on Nigerian farmers to show more commitment to the growing of export produce and also endeavor to get ready information on it in order to increase their income.

By: Corlins Walter

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