Business
Firm To Develop Deep Seaport At Ibeno
Port Notel, an indigenous port development firm, is seeking partnership with foreign investors to develop its deep seaport project in Ibeno, southern Akwa Ibom State.
The Managing Director of Port Notel, Mr Victor Akpanika, said this in an interview with newsmen in Yenagoa, Bayelsa State, yesterday
He said that the firm held successful talks with the Islamic Development Bank (IDB) delegation to Nigeria in February, 2017.
Akpanika said that the ongoing project remained viable due to its proximity to the Gulf of Guinea and the oil and gas fields within the locality of the project site.
He said that the IDB delegation from Jeddah, Saudi Arabia, expressed interest in the Greenfield port project and agreed to work out details before a final investment decision could be reached.
According to Akpanika, Mr Asheque Moyeed, Senior Investment Specialist, Public Private Partnership/Enterprise Development Department of IDB led the trade delegation.
“The mission visited Nigeria to identify and develop roadmap in strengthening the Arab-Sub-Saharan Africa trade and business opportunities in the next three years.
“They are keen in the areas of financing, building logistics and power platforms, supporting trade, credit and insurance and developing the necessary infrastructure to facilitate trade.
“The delegation met with the Management of Port Notel Ltd at the Islamic Development Bank Group’s Country Gateway Office (GCO) in Abuja.
“The Resident Representative of IDB Group Country Gateway Office, Mr Abdallah Kiliaki, expressed IDB’s support for the development programmes and infrastructure projects in Africa.
“He said the bank’s investment in Africa had reached more than 43 billion dollars, which were mainly funding of infrastructure projects, ‘’Akpanika said.
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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