Business
Nigeria, Indonesia Set To Strengthen Economic Ties
Nigeria and Indonesia will work together to increase the level of economic cooperation between both countries, Vice President Yemi Osinbajo said last Tuesday.
Osinbajo said this at a bilateral meeting with Indonesian Vice President, Jusuf Kalla, on the sidelines of the Extractive Industries Transparency Initiative (EITI) beneficial ownership transparency conference in Jakarta, Indonesia.
This was announced in a statement in Abuja, signed by Mr Laolu Akande, Spokesperson to the Vice President on Media and Publicity, made available to The Tide source in Abuja.
Nigeria is open for business and more investment, the vice president noted, while referring to his meeting with members of the Indonesian chamber of commerce.
“We are looking forward to more Indonesian investments, especially in the manufacturing sector in Nigeria, trying to exploit our local raw materials,’’ Osinbajo said.
He said that the Buhari administration had implemented reforms that made the Nigerian business environment more favourable.
Earlier, Kalla said his country was also ready for more economic cooperation with African countries, especially Nigeria.
The Nigerian vice president expressed appreciation to Indonesian and President Joko Widodo.
Other issues discussed by both vice presidents included how both countries could collaborate more in agriculture, agro-allied sector and also in palm oil research and production.
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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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