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Sambo Woos US Investors To Nigeria
Vice President Namadi Sambo has called on American investors to take advantage of the abundant opportunities in Nigeria and invest in agric-business.
Sambo made the call at the Agriculture Investment forum organised by the Embassy of Nigeria in Washington in conjunction with the Corporate Council for Africa.
He said government’s current focus on agriculture was to improve the value chain by moving away from production of raw materials for export, to agro-processing.
According to him, this is aimed at achieving self-sufficiency, especially, in food production.
“Much effort is concentrated towards large scale production of such staples as rice, cassava, sorghum, including opportunities in livestock, fisheries, maize, soya beans, palm oil, cocoa and cotton among others.
“Our current transformation agenda has agriculture as one of its major drivers,’’ he said
The Vice President said that this was based on government’s understanding of the importance of agriculture not only in ensuring food security and poverty alleviation, but also its abundant potential for employment generation.
Sambo explained that the government had consistently bemoaned the current dependence on petroleum as the major source of revenue to the government.
According to him, stringent efforts are currently being made to diversify the economy in order to have a basket of financial resources to fund the government’s development agenda.
“It is my desire that the outcome of the Forum will result in fostering stronger relations between our two countries.
“I have no doubt, that the forum, dovetailing into the Annual Conference of the U. S Exim Bank, would provide opportunities for American investors and their Nigerian counterparts to explore possibilities for long lasting partnerships,’’ he said.
Sambo disclosed that the government had taken a number of reforms to make Nigeria investor friendly.
He stressed that both the federal and state governments have taken further steps to entrench the enabling environment for foreign direct investment.
He said 10 new thermal plants that would provide additional 5,000MW to the national grid were being constructed.
Similarly, Sambo said, contract for the construction of a new 700MW Zungeru Hydro power project would soon be awarded while the design and documentation for the construction of the 2600MW Mambilla hydro power plant would be completed by the third quarter of 2012.
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Rivers NUJ Seeks Recruitment Into State Media Houses …Urges Govt To Reposition Public Service
The Nigeria Union of Journalists (NUJ), Rivers State Council, has called on the Rivers State Government to urgently recruit personnel into government-owned media establishments to address the acute shortage of staff caused by the retirement of many experienced workers.
The Union said the persistent manpower deficit has continued to affect the efficiency and productivity of state-owned media organisations, stressing that prompt recruitment would strengthen information dissemination and improve service delivery across the sector.
The resolution was part of a communiqué issued at the end of the State Congress of the Union held at the Ernest Ikoli Press Centre, Port Harcourt, recently.
By: King Onunwor
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Family Seeks Police Help As Woman Goes Missing After Fleeing Female Circumcision Threat
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Spain Are World Champions ….. End Argentina, Messi’s Dreams
Spain last night emerged winners of the 2026 FIFA World Cup after edging Lionel Messi inspired Argentina opposition 1-0 in New Jersey, USA in a one sided final to become world champions for the second time in history after their historic victory in Africa in 2010.
The history continued with the Spanish team under Fuente becoming European and World Champions at the same period also for the second time.
The Spanish performance in the final proved a good advertisement for team cohesion, high work rate and dedication to culture as they demonstrated why many rated them as the best team of the tournament.
It was a final that many saw as a swansong for one of the game’s greats, Messi, and an opportunity to bow out of the world stage in glory. In fact, many would have seen the diminutive Argentine as the greatest player ever, if it he had led his country men to a consecutive word title.
But it turned out to be a final that demystified the aggressive and robust playing Argentines as Spain, in full flow of their possession- based football annihilated any threats that Argentina harboured.
Spain, despite lack of cutting edge for most of the game dominated and stifled Messi and co to the extent that the South Americans had neither shot nor one on target for almost 85 minutes.
Argentina, which had rode on the rub of the green and controversial victories to get to the final hardly laid a glove on the Spaniards as they relied on last ditch defending and dark arts to keep Spain at bay and took the tie to extra time.
The match was, however, at times overshadowed by the antics of the Argentinians.
However, their so-called luck, ultimately ran out as Spain rallied after being denied a goal to find a winner.
It came through Ferran Torres in the 106th minute. After a ball was swung in from the right, Nico Williams nodded a header down from the far post, which the Barcelona striker latched on to and fired into the roof of the net to spark jubilant scenes.
The South Americans applied pressure of their own in search of a goal late on and Tottenham Hotspur defender Marcos Senesi almost levelled from close range.
But, in the end, it was not to be for Lionel Messi on what could be his final appearance on football’s biggest stage as Lamine Yamal and his Spanish team-mates held on for a historic victory.
With the loss last night, Argentina ties Germany as the highest losing world cup finalists. This is the fourth time Argentina has been the FIFA World Cup runner-up in their history, equaling Germany as the team with the most FIFA World Cup runner-up finishes.
Argentina had previously been FIFA World Cup runners-up three times in 1930, 1990, and 2014, while Germany had been runners-up four times in 1966, 1982, 1986, and 2002
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