Business
Bizman Finger Banks Over Poor Economic Growth
Banks in Nigeria have been blamed for the poor economic
growth in the country.
The proprietor of IDDUS Italian Fast Foods Mr Uchenna
Benneth Emenike, stated this while briefing newsmen last Friday at the opening
ceremony of the outfit in Port Harcourt.
Emenike said the banks were responsible for all the woes
suffered by business operators in the nation due to their unfriendly nature.
He noted that financial houses in western countries are
interested in business growth, by proudly supporting business activities.
The IDUUS fast food owner, maintained that the unfriendly
disposition of Nigerian financial houses
kills business initiatives of young people.
We were further told the Italian fast food joint will touch
on every aspect of food business including out door services.
Emenike expressed the hope that the business will be widely
accepted in Port Harcourt due to its friendly nature.
The businesses man, said he is the only one with the
franchise in Nigeria to operate such
Italian outfit.
About the employment of staff and other workers, he said
Local Content Act was strictly obeyed, saying that no foreigner is employed in
the outfit.
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
