Business
NIPC Assures Investors On Agric Potentials
Executive Secretary, Ni
gerian Investment Promotion Commission (NIPC), Mrs Saratu Umar, has in Abuja assured investors of many agricultural potentials in the country.
Umar made the assurance in an interview with newsmen
According to her, the potentials include ready-made market for products after production or manufacture with over 170 million consumers in the country in particular and West Africa in general.
She said Nigeria as a country had history of not having much natural disasters like earth quake.
She also assured prospective investors of 35 per cent investment return.
“The Nigerian Investment Promotion Commission is a Federal Government agency in Nigeria, established to encourage, promote, and coordinate investments in Nigeria.
“The agency provides services for the grant of business entry permits, licences, authorisations and incentives in a One-Stop-Shop environment.
“The services are provided in a coordinated, streamlined, efficient and transparent manner to meet the needs of investors,” she said.
She said that she received the Regional Block of Mayors and Local Government Chairmen of the Market of the Southern Corn (MERCOSUR), consisting of agricultural investors.
Umar said the team was led by Mr Ignatius Kaave, Nigerian Ambassador to Argentina, to have insight and knowledge on investment in Nigeria.
She said the team met with relevant agencies like NAFDAC, Foreign Affairs Ministry, Corporate Affairs Commission and others.
She said that the 15-member delegation came from Brazil, Peru, Uruguay, Chile and Argentina and were in the country to assess investment opportunities.
Business
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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.”
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