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RSG Urges Market Associations To Join Cooperative Societies

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13 years ago

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Rivers State Commissioner for Commerce and Industry, Mr. Chuma Chinye has advised market associations in the state to join co-operative movement in order to access government loan.

Mr. Chinye gave the advice recently in his office in Port Harcourt, when the executive members of Association of Traders, Farmers. Artisans and Market leaders paid him a courtesy visit.

He urged the members to identify themselves with the Nigerian Association of Small Scale Industrialists (NASSI) and the Rivers State Cooperative Movement, adding that Rivers State Micro-finance Agency (RIMA) is ready to give loans to interested groups.

The commissioner pointed out that they should not work in isolation, stressing that all market associations should come together to form a bigger and stronger group with good initiative that will attract government attention.

Earlier in her speech, the state President, Association of Traders, Farmers, Artisans and Market leaders of Nigeria, Lady Roseline Jonathan, on behalf of her Association thanked the commissioner for the audience.

Lady Jonathan, who described their visit as a true reflection assemble, said the association is an NGO that operate in all the 23 local government areas of Rivers State.

She pledged for government support for her association in the area of provision of office space for their smooth operation, adding that they are ready to register their members into cooperative societies.

In a similar development, the Commissioner for Commerce and industry, Mr. Chuma Chinye, has urged the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) to remain focus in their business development drive to ensure sustainability.

The commissioner made this statement when the Port Harcourt Chamber led Miss Royalty Teens Beauty Pageant to a courtesy visit in his office recently.

Mr. Chinye advised the PHCCIMA to always take the activities of the chamber seriously, saying that there are a lot of job to be done to drive the economy of the state.

He stressed that PHCCIMA should encourage their members to advertise in the Rivers State Directory/Yellow Page, adding that advertisement will publicise their activities to the world.

The Commissioner pointed out that it is constitutional for all companies operating in the state to file in their annual returns to the ministry of commerce and industry every year.

He urged the Miss Royalty Teens Beauty Pageant team to always position themselves in a manner that will positively change the mind sets of the youths.

Earlier in his speech, the President of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) Engr. Emeka Unachukwu represented by the Director of Operations PHCCIMA, Engr. Uche Banna said, the Chamber is seeking collaboration from government.

He pointed out that Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) is partnering with Miss Royalty Teens Beauty Pageant for a beauty contest in Port Harcourt.

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Association Woos Govt, Coys On  Boat Operators  Employments

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6 days ago

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June 12, 2026

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The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
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FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

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6 days ago

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June 12, 2026

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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
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NIWA Harps On  Avoidance Of Leaking Boats

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6 days ago

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June 12, 2026

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The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
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