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PHACCIMA Promises To Support Business In Rivers

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The President of Port Harcourt Chamber of Commerce, Industries, Mines and Agriculture (PHACCIMA), Chief Nabil Saleh, has reiterated the chamber’s preparedness to support any company that wants to do business in Rivers State.
PHACCIMA President made this known during the launching and unveiling of the Konica Minolta i-series printer of SkySat technogies in Port Harcourt, yesterday
Chief Saleh, who was the guest at the programme commended the company for its strides in the printing industry and the choice of Port Harcourt, for the event, saying Rivers State is a safe haven for investment.
“I assure the world that the state is safe for investors to come and do business and PHACCIMA is ready to support every company that wants to do business in Rivers State’’, Saleh said.
Also speaking, former commissioner for Employment Generation and Empowerment, in Rivers State Dr. Leloomu Nwibuebasa, said the introduction of high technology printer would create jobs and also empower people in the state.
He called on the local government chairmen to create a centre where youths can be trained with SkySat technology products, stating that “as a preacher of Rivers State local enterprise development, if the youths are trained in the use of the digital printing machine, it would go a long way in solving employment problems.’’
Launching the Konica Minolta Bizhub i-Series Printer, the Managing Director of SkySat Technologies Limited, Mr Izzat Debs, said that the company had played a vital role in the print sector, from installing and servicing multifunctional printers to large digital press for the commercial print market.
Debs said the product had raised the bar in office documentation and digital printing space in Nigeria, adding that i-series has the features that would allow people complete their task efficiently and effectively, as the client can print from anywhere in or outside the environment of the machine.
He said the company has enjoyed peace in the state and was ready to partner with any corporate body or community that wants to train her youths in the use of the equipment.
In his address, the representative of the state Director of the Rivers State Cooperatives, in the Ministry of Commerce and Industry, Mr Peterside David Mark, said the ministry was delighted to partner with the company for the achievement in the printing industry.
He called on the Rivers people to form co-operative societies saying that, “this is the shortest way of becoming an entrepreneur to start a business”.
A businessman who attended the launching, Mr. Mark Johnson, said that the product would help him achieve more in his business within a short time.

 

Lilian Peters

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Border Closure: ECOWAS Sets Up Committee To Investigate Nigeria

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The Economic Community of West African States (ECOWAS) has set up a committee to study and make full report on Nigeria’s land border closure with her neighbours.
The ECOWAS Heads of States and Governments agreed on the decision to set up a committee last Sunday in Addis Ababa, Ethiopia, at an extraordinary session of ECOWAS leaders convened on the margins of the 33rd AU Summit to discuss the issue and other pressing regional matters.
The committee is headed by President Roch Marc Christian Kabore of Burkina Faso.
The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu confirmed in a statement in Abuja on Monday that Nigeria’s Foreign Minister, Geoffrey Onyeama told journalists after a three-hour closed-door session that the meeting was attended by President Muhammadu Buhari and chaired by the ECOWAS Chairman, President Mohamadou Issoufou of Niger Republic.
Onyeama said, “The President of Burkina Faso is charged with undertaking a full study of the situation, make a report and then we take it from there”.
On when the report will be presented to ECOWAS Heads of States and Governments, the minister said, “as soon as possible, there are no timelines. But he is supposed to start very quickly, study the situations from all the affected countries and present his reports”.
The statement also explained that the meeting discussed West Africa’s new single currency (Eco) and the situation in Gunnea Bissau after the presidential election.
On the Eco currency, the foreign minister said, “Nothing has changed in respect of Nigeria’s position.

 

By: Nkpemenyie Mcdominic, Lagos

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One Billion Oil Barrels Found In North-East – FG

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The Minister of State for Petroleum Resources, Chief Timipre Sylva said on Wednesday that the nation’s oil and gas sector has worsened as the uncertain fiscal environment put a damper on investment.
The minister also disclosed that about a billion barrels of crude oil have been discovered in the North East of the country, adding that a lot of resources remained undiscovered in the country.
Sylva, who said these at a press briefing during the Nigeria International Petroleum Summit 2020 in Abuja, lamented that the passage of the Petroleum Industry Bill had been delayed for many years.
He, however, warned that most of the resources might have to be left in the ground if not explored and produced before the world moves away from oil.
Sylva said, “From the evaluation report we are getting, the reserves that has been discovered in the North East is about a billion barrels. And they are beginning to understand the geological structure of that area.
“If there is a lot of exploration, we believe that a lot of oil still remains to be found in Nigeria. Nigeria is not yet a mature territory; it is still very prolific.”
He expressed optimism that the PIB would be passed in six months as “there is a very cordial relationship now between the legislature and the executive.”
He said, “today Nigerians all agree that there is a need for us to pass the PIB. For so long, we have not been able to attract a lot of investment into the oil sector. By the year 2002, our oil reserves stood at around 22 billion barrels, and we were able to grow that reserves to 37 billion barrels by 2007.
“From 2007 to now, we have only been able to grow our reserves from 37 billion barrels to 37.5 billion barrels. Why? Not much investment is coming into Nigeria.”
The minister said, “I actually say we have retrogressed because some time ago, this country was producing up to 2.6 million barrels a day. And I remember a long time ago, we actually targeted that we would be producing three million barrels and by now we should have been producing up to four million barrels a day.”
The minister noted that the country’s gas reserves of 200 trillion cubic feet was found during the search for oil.

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We Need Govt’s Support To Survive – Rivers Farmers

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Some farmers in Rivers State have urged government at all levels to empower the local farmers, so as to increase farm produce and also generate employment for the citizenry.
The Manager of Iyako Nigerian Enterprise (a fishing firm), Mr Iyalla Ogan said the local farmers need to be assisted with grants by the government.
Ogan said that giving grants to farmers would solve many problems relating to the farming process and also generate employment for many Nigerians.
He said, “I need ocean going vessels that would catch fish in commercial quantity. This would definitely increase export and benefit the state and nation through employment generation and increase in revenue.
“Government should be supportive to farmers and not paying lip services which they never fulfill at any time”.
Ogan called on his fellow farmers to persevere and always look out for opportunities to establish their dreams, saying that “this is the only way satisfaction can come”.
Another farmer, Mrs Tonia Chukwu, who has a poultry farm at Iwofe, Rumuolumini, said that finance has been her problem over the years, lamenting that “lack of finance is responsible for lack of expansion in my firm”.
She said that elected leaders should have the interest of the electorate at heart, noting that selfishness on the part of political leaders has done more harm than good.
Meanwhile, another farmer, Mr Jonathan Amadi told The Tide that the way farmers in the South-South are treated, is different from the way Northern leaders treat their own farmers.
He called on the government to “provide modern equipment to southern farmers as they do in the North to give us a sense of belonging and help us to increase and expand like others.
“If we produce in quantity, everybody would benefit, ranging from us, the masses and government”.

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