Business
Shipping Magnate Seeks Coastal Areas Dev
A shipping magnate, Mr Ifeanyi Asogwa, has said that the development of tourism in the creeks and coastal areas would boost Nigeria’s economy.
Asogwa, the Managing Director of Moses Freights Ltd, Port Harcourt, made the assertion in an interview with our Correspondent in Port Harcourt.
He noted that Nigeria’s over concentration on oil was inimical to the economy and had encouraged lack of economic creativity.
“Go round Nigerian coastal areas, or while moving from Lagos to Port Harcourt, you will see the serene movement of our rivers.
“Look at Dubai in the United Arab Emirates, nobody is talking about oil again because they have used their oil money to develop the country’s tourism industry,” he said.
Asogwa said Nigeria was a country blessed with abundant human and natural resources that needed to be explored.
He explained that economic diversification was imperative for Nigeria to meet up with the economic best practices as in the other climes of the world.
Asogwa recalled that the Nigerian economy was buoyant even before the exploration of oil, saying it was time to harness other natural endowments.
He called for economic innovations aimed at repositioning the economy to its pride of place.
He expressed confidence in the responsiveness of President Goodluck Jonathan’s led-government to put Nigeria on the path of glory.
According to him, the president has good intentions for the country and urged all to support him.
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
