Business
Agric Investment Most Effective Poverty Eradication Method – IFAD President
Investing in agriculture is the most effective way to eradicate poverty in Africa, says, Dr Kanayo Nwanze, the President, International Fund for Agricultural Development (IFAD).
Nwanze made this assertion in a statement issued in New York on Monday.
He was quoted in the statement as saying that increasing investment in agriculture was essential to achieving the Millennium Development Goals (MDGs).
“Investments in agriculture are more effective in lifting people out of poverty than investments in any other sector.
“They not only drive economic growth and set the stage for long-term sustainable development, they pay high dividends in terms of quality of life and dignity for poor rural people.
“The experience of IFAD has shown that agriculture is a business, and our business is to make sure smallholder agriculture is profitable so that rural communities can thrive.”
Nwanze is expected soon at Addis Ababa for the Joint Annual Meeting of the African Union Conference of Ministers of Economy and Finance.
According to the statement, the IFAD President will, at the meeting, share his vision for ensuring that smallholder farmers are at the centre of any plan for post-2015.
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
-
Niger Delta4 days agoDelta To Present Over ?1trn Budget For 2026
-
Politics4 days agoAnambra Guber: I’m Not Impressed, LP Candidate Says …As Observers Lament Vote-buying, Low Voters Turnout
-
Oil & Energy4 days agoOil Demand to Rise Through 2032 as Energy Transition Stalls
-
News4 days agoCleric Harps On Significance Of Thanksgiving
-
News5 days agoAlesa land-owners hail Fubara, Mayor of Housing Over New City Project
-
Maritime4 days agoAPAPA Customs Boss Tasks Stakeholders On Compliance,Test-Run Scanner
-
Niger Delta4 days agoWe’ve Repositioned LG System For Efficienc – Bayelsa D’Gov
-
Politics4 days agoModu Sheriff Disowns Report Accusing Shettima Of Creating Boko Haram
