News
FG Woos Foreign Investors To Nigeria’s New Oil
The Minister of Information and Culture, Alhaji Lai Mohammed has called on investors from France and across the globe to invest in the nation’s new oil.
The minister, who made the call at the Nigeria international Partnership Forum in France, described the nation’s entertainment sector and TV market as “the Nigeria’s new oil with 24million TV households and the largest in Africa’’.
The event attended by President Muhammadu Buhari and business moguls from Nigeria and France was organised to spotlight Nigeria’s immense trade and investment opportunities.
Mohammed said Nigeria is the Africa music and entertainment capital and has the continent’s largest TV market with high growth potential.
He said with the ongoing Digital Switch Over (DSO) there were potential for investments in the manufacturing of Set-Top-Boxes, content provision and requisite technology.
“Moving from analogue to digital television broadcasting means we will have more channels and more contents.
“The Nigeria TV market has about 100million subscribers in the rural areas and also about 98million in the urban settlement while the annual TV subscription revenue is about $80million.
“The advert spent as at 2020 is about $490million and as digital transformation is ongoing; we are looking at N1.47billion advert revenue,’’ he said
Mohammed said besides the TV market, Nigeria has Africa largest internet and social media economy with 107million active Internet users, 33million active social media users and annual add spent of about $233million.
He said Nigeria is projected to be the fastest growing media and entertainment market in five-year time with 12.1 compound annual growth rate.
According to him, the market growth is currently driven by subscription revenue which accounted for 72.26per cent, while TV advertising accounted for 21.3per cent.
“This is what exactly we want to change with DSO because; only about two or three companies in Nigeria today are involved in subscription while we have hundreds of TV stations, producers, writers and directors.
“We want to revise it to ensure that about 70per cent of our revenue will come from content producers directors and content owners while subscription will take about 30per cent,’’ he said.
Mohammed described Nollywood and Nigeria music industry as the pride of the continent.
According to him, Nollywood is the second largest TV in the world creating about 2,000 movies annually while music industry alone in 2020 generated $7.7billion.
The minister reiterated that the Nigerian economy was prepared and waiting for investors, and advised global investors to take advantage of the creative and TV sectors.
Fielding questions from audience, the minister reiterated government position that Twitter was never banned but the operations of the micro blogging site was suspended for allowing the platform to be used by secessionist and those who wanted to destabilise the country.
He said the correspondence between government and Twitter had reached advanced stage and the issue would be resolved in a mutually beneficial manner to both Twitter as a company and Nigeria as a country.
News
NDLEA Alerts Parents After Uncovering Drugs In Cookies, Gummies
In a statement posted yesterday, NDLEA’s Director of Media and Advocacy, Femi Babafemi, said recent seizures by the agency’s officers had revealed attempts by criminal elements to introduce prohibited substances under the guise of everyday snacks.
“As parents, if your kids and young ones always crave for cookies and gummies, you may have to pay a little more attention. There may be more to it than ordinary cookies and gummies,” Babafemi wrote, sharing images of seized packages.
The photos showed colourful pouches of “Cookies Delta 8 Gummies” in flavours such as Hawaiian Rain Pineapple Guava and Thai Mango, labelled as vegan and hemp-derived, alongside the actual gummy products.
The warning comes amid a major interception by the Nigeria Customs Service at the Tin Can Island Port in Lagos.
Officers seized two 40-foot containers containing large quantities of cannabis-infused products concealed among legitimate imports such as used vehicles, generators, batteries and fabrics.
The consignment included thousands of Delta-8 cannabis pre-roll cookies, packs of cannabis-infused gummies and other cannabis-infused cookies, with a combined estimated street value of about ?373.8m.
The items were subsequently handed over to the NDLEA.
NDLEA officials described the products, which originated from the United States and were packaged to resemble ordinary vegan snacks with appealing flavours, as an emerging public health threat.
They noted that the attractive packaging could appeal especially to children, students and young people, raising the risk of accidental consumption of concentrated cannabis.
News
RIWAMA, PCRC Join Forces To Curb Illegal Waste Dumping In Rivers
The partnership was unveiled during a meeting between officials of RIWAMA and the leadership of the Rivers State chapter of the PCRC in Port Harcourt, recently, where both organisations pledged to work together to restore the Garden City status of the state capital.
In his speech, the Supervisor of Market and Community Sanitation in RIWAMA, Mr. Omereji Ukoha, said the collaboration was in line with the vision of the agency’s Managing Director, Dr. Ibimina Wokoma, and the Board Chairman, Dr. Samuel Nwanosike, to promote a cleaner and healthier environment.
Ukoha described the PCRC as a strategic grassroots partner capable of mobilising communities and driving behavioural change through sustained public enlightenment on proper waste disposal.
He expressed concern over the increasing rate of indiscriminate refuse dumping in parts of Port Harcourt, particularly in New GRA, where blocked drainage channels and illegal shanties have continued to contribute to flooding and environmental degradation.
According to him, the agency is determined to intensify enforcement against environmental offenders, warning that unregistered cart pushers and residents who patronise them would be prosecuted in accordance with the provisions of the RIWAMA Act, 2014.
The RIWAMA official urged residents to embrace proper waste disposal practices and patronise only government-approved waste operators in order to safeguard public health and protect the environment.
Responding, the Chairman of the Police Community Relations Committee in Rivers State, Dr. Voke Emore, commended RIWAMA for seeking collaboration with the committee in addressing environmental challenges confronting the state.
Emore said the PCRC would deploy its community-based structures across the state to support public sensitisation and encourage residents to comply with environmental sanitation regulations.
He also called on local government councils to play more active roles in waste management, noting that they collect sanitation levies and should complement the efforts of the state government in maintaining a clean environment.
The PCRC chairman described indiscriminate refuse disposal as a serious environmental and public health concern, stressing that sustained collaboration among government agencies, community leaders and residents remained critical to achieving lasting sanitation goals.
Both organisations expressed optimism that the partnership would promote cleaner communities, reduce environmental hazards and strengthen public participation in efforts to ensure a healthier and more sustainable environment for the people of Rivers State.
King Onunwor
News
Police Nab Kidnap Syndicate, Arrest Five In Rivers
The State Police Command disclosed this in a statement by its Public Relations Officer, ASP Blessing Agabe, in Port Harcourt, recently.
The suspects were arrested during a coordinated operation at Oyigbo, following directives by the Commissioner of Police, Rivers State Command, CP Olugbenga Adewole Adepoju.
Those arrested were Ezekiel Emmanuel, 44, from Benue State; Chukwuma Mbanefor, 51, from Anambra State; Nicholas Diala, 65, from Imo State; Ndubuisi Uwakwe, 49, from Abia State; and Ifeanyi Nwakwo, 51, from Imo State.
The Command said the arrest represented another significant operational success in its ongoing efforts to dismantle criminal networks operating in the State.
According to the Police, preliminary investigation indicated that the suspects were allegedly involved in kidnapping operations within Rivers State.
The suspects, during interrogation, allegedly confessed to their involvement in kidnapping and further admitted participating in several operations carried out in Kom-Kom, Railway, Obeama and Afam communities.
The Command said investigation was ongoing, with efforts intensified to identify and apprehend other members of the suspected syndicate who may be connected with the criminal activities.
The Police boss said the operation reflected the implementation of operational directives and the intelligence-driven policing strategy of the Inspector-General of Police, IGP Olatunji Rilwan Disu, psc, NPM.
Adepoju reaffirmed the Command’s determination to sustain aggressive intelligence-led operations against kidnapping, cultism, armed robbery and other violent crimes across Rivers State.
He warned kidnappers and other criminal elements operating in the State that there would be no safe haven for them, stressing that the Command would relentlessly pursue, arrest and ensure that those found culpable were brought to justice.
The Commissioner further assured residents of the Command’s commitment to protecting lives and property, urging members of the public to remain vigilant and cooperate with security agencies in the fight against crime.
He appealed to residents to provide the Police with credible and timely information capable of assisting security operatives in preventing criminal activities and apprehending suspected criminals.
The Command urged members of the public who may have useful information on the activities of the suspected kidnapping syndicate or other criminal elements to contact the Police through its emergency lines, assuring that such information would assist ongoing investigations.
King Onunwor
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