Connect with us

Nation

Reps Seek Review Of Cocoa, Commodity Laws

Published

on

The House of Representatives has sought for the review of all existing Cocoa/Commodity laws to develop a national cocoa policy and reposition the country as the largest producer in Africa.
This followed the adoption of a motion by Rep. Ademorin Kuye (APC-Lagos) on the floor of the House yesterday in Abuja.
The House also mandated the Committee on Agricultural Production and Services to liaise with the Federal Ministry of Agriculture and Rural Development to ensure the repositioning.
In his motion, Kuye noted that Nigeria was once a major player in cocoa production, being the second-largest producer in the world with 450,000 tons.
He stated that cocoa was one of the country’s top foreign exchange earners in the 1950s and 1960s before the discovery of crude oil in commercial quantity in the country.
Kuye stated that the Nigerian cocoa market crashed in the 1990s as production fell to 170,000 tons and was impacted by the Structural Adjustment Policies of the late 1980s.
This, he said, included the dissolution of the Cocoa Marketing Board to liberalise cocoa marketing trade and allow improved cocoa output and pricing.
He noted that the National Cocoa Development Committee, Established in December 1999 by the Obasanjo administration, was tasked to improve cocoa quality.
Kuye said it was also saddled with the responsibility to increase production from 170,000 tons to 300,000 tons and 600,000 tons per annum in the short term and long term, respectively.
He said that the unregulated and liberalised Cocoa industry was depriving Cocoa farmers of yearly revenues as they were unable to collect the Living Income Differential (LID) of USD400 per ton paid to Cocoa farmers.
“Other countries like Ghana and Cote d’Ivoire, apart from the cocoa flour, prices are paid by world cocoa buyers.
“Despite the availability of arable land and climate to sustain Cocoa production in Nigeria, the country has fallen down the line in the pecking order in Africa and the world respectively,” he said.
He said that over N100 billion revenue is lost annually due to the Federal Government’s non-commitment to finding sustainable, executable solutions to problems bedeviling the Cocoa industry.
Kuye added that  in spite of the cyclical ambivalence of oil, the Federal Government was unable to look into cocoa as a potential growth sector that could serve as a buffer during periods of oil-induced recession.

Continue Reading

Nation

MOSIEND URGE NDDC TO EMBARK ON WATER PROJECTS IN BUGUMA …TASK RSG TO REVAMP BUGUMA FISH FARM

Published

on

The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) has called on the Management of Niger Delta Development Commission NDDC to embark on the water projects in Buguma city in Asari Toru Local Government Area, Rivers state

The Group called on the Rivers state government to revamp the Buguma fish farm to create employment for the teeming youths

On the water project in Buguma, MOSIEND said the population of Buguma has increased tremendously as the residents need more water projects to enhance the daily livelihood of the people

The Group also appealed to the Chairman of the council to assist in making the project a reality and attracts more developmental projects to the city

This call was on Rhythm 93.7 FM Port Harcourt, Radio program, Talk of the Town, by MOSIEND Eastern Zonal Coordinator of MOSIEND Half Hour Comrade Tammy Bruce Longjohn alongside Mark Ojuka,Chairman of Buguma and Hon Sandra Owunari JP Chairman Obuama and monitored by our correspondent

Comrade Ojuka also called on the Management of Liquidifed Natural Gas NLG to embark on a free medical outreach in all Kala bari communities to improve their health status

He appealed to LNG to award scholarship to indigens of Kalabari communities in tertiary institutions to better their education, noting the company is doing same in Bonny, abandoning Kalabari communities

“We need contracts, free medical, scholarships and employment including skill acquisition programs for our teeming youths in Kalabari extractions ”

On Security, Mark Ojuka said security in Buguma is at zero level with the help of the Ama Ma soldiers the city is more peaceful and investors friendly as the youths of area have cordial relationship with the security agencies in the area

“Security is very secured in Buguma clan”

He called on the Rivers state to revamp the Buguma fish farm to create employment for the teeming youths

“The youths are asking for human capacity building in the area to reduce unemployment”

“The revamping of the Buguma fish farm will also reduce youth violence”

Also Speaking, Eastern Zonal Coordinator of MOSIEND Half Hour Comrade Tammy Bruce Longjohn called for more improve in infrastructures in Kalabari community, especially in electricity

There is little improvement in terms of electricity in Buguma city

He decried the deplorable condition
of Buguma Health Centre, saying that the hospital is near functional

“Our sisters that are pregnant and our sick parents can not access the health centre for a better treatment ”

Describing the Health Centre as an eye saw, he called on Rivers state government and Buguma Local Government chairman Hon William to improve on facilities in the centre and make it more medically accessible to the sick persons in the area

Buguma, Tammy Bruce said is the spiritual headquarter of Kalabari people as such deserve more modern facilities from the government to improve lives

The Coordinator called on government, stakeholders and oil companies to assist and improve the poor infrastructural facilities in area

“We need first class hospitals, qualified medical doctors and nurses in the health centres and hospitals”

On the oil spilled in Obuoma Chairman MOSIEND Obuoma, Hon Sandra Owunari said the spill destroyed their crops and Rivers even polluted their only source of drinking water

She expressed displeasure that Rivers state government did not send any relief materials to the people in the affected community

On Chieftaincy title to women in Obuama, Hon Sandra Owunari said the community do not install Chieftaincy title to women, saying that Chieftaincy title is only reserved for men only in the community

CHINEDU WOSU

Continue Reading

Nation

EFCC Holds Stakeholders Engagement Party With Media, CSOs

Published

on

The Economic and Financial Crime Commission (EFCC) Port Harcourt zonal command has held a one-day capacity workshop with some selected media organisations and civil society organisations in the state

The one-day capacity workshop was aimed at strengthening existing relationships among the media and the civil society organisations in the state with a view to improving the existing relationships among the graft agency and the media.

Speaking at the event the zonal commander of EFCC, MR. HASSAN SAIDU, said the
initiative is part of the Commission’s ongoing commitment to strengthening collaboration with key stakeholders, particularly the media and civil society, in our collective fight against economic and financial crimes , adding that the decision to organize this workshop underscores the strategic importance the EFCC places on the roles of the media and the CSOs as watchdogs of the society.

According to him,all over the world, the partnership between anti-corruption agencies, the media, and civil society has been instrumental in promoting transparency, accountability, and good governance, noting that the collaboration is even more imperative in Nigeria given the scale and sophistication of economic crimes we contend with.

“Let me take this opportunity to acknowledge and appreciate the invaluable support you have given to the EFCC over the years.

Your consistent focus on our work through reporting, advocacy, and public engagement has helped to sustain the momentum of our preventive and enforcement efforts.”

The EFCC’s mandate is both engaging and arduous. I say this because the landscape of economic crime is dynamic and your duty to report and interpret these developments requires diligence, patriotism and integrity.”

He posted that It is in recognition of these challenges that the Commission introduced a Specialized Workshop Series on Economic and Financial Crimes Reporting for journalists, adding that the commission has expanded this initiative to include civil society organizations to further demonstrate their belief in an inclusive and collaborative anti-corruption framework.

“As you are aware, Port Harcourt remains Nigeria’s treasure base of the Nation and a fertile ground for various forms of economic and financial crimes, ranging from pipeline vandalism, foreign exchange scams and business email compromise to investment and property fraud, and crude oil theft.”

The EFCC zonal commander averred that the 2025 edition of the workshop is Understanding Cryptocurrency Fraud and other Emerging Financial Crimes and Prosecution of Financial Crimes: Issues, Challenges and Way Forward , adding that
It is imperative for us to note that the surge of Cryptocurrency Fraud and other related offences in the Nigeria’s Cyberspace is becoming alarming hence, as part of the efforts of the EFCC to nip this menace and eradicate these crimes from Nigeria Cyberspace there is need for synergy with relevant Stakeholders, that is the reason why the Commission has chosen these topics to educate, create awareness and discuss arising issues that will yield more significant results as the EFCC tackles the spate of these crimes.

 

“We must work together to intensify public sensitization. Your platforms- print, broadcast, digital, and community-based- are essential in equipping Nigerians with the knowledge to make informed decisions and avoid falling prey to scammers. ”

He reiterated that the fight against economic and financial crimes is not the sole responsibility of the EFCC or other anti-corruption agencies. It is a collective national duty, meaning all hands must be on deck , stressing that
We owe it to our country and, indeed, the global community to expose and confront corrupt practices wherever they exist.

“The media must continue to hold public institutions accountable, while civil society must deepen civic engagement and promote transparency at all levels.
The EFCC remains committed to building a stronger and more effective partnership with all stakeholders in the fight against corruption. he stated.

Earlier In his presentation on cryptocurrency-related crimes, CSE Coker Oyegunle, Head of Advanced Fee Fraud, explained that digital assets are increasingly being used for money laundering, identity theft, phishing, malware attacks, and ransomware, most of which involve untraceable crypto payments.

He noted that Nigeria now has a coordinated regulatory framework involving multiple agencies. The Securities and Exchange Commission (SEC) serves as the lead regulator under the Investment and Securities Act 2025, defining digital assets as securities and licensing virtual asset service providers.

Our correspondent reports that other topics presented during the workshop include prosecuting Financial crimes: Issues, challenges and the way forward and the role of CSOs and media in driving a preventive frame work.

Continue Reading

Nation

RSU Blames Poor Funding for Failure to Meet Academic Targets as 1,356 Set for Combined Convocation on Saturday”

Published

on

The management of Rivers State University (RSU), Port Harcourt, has stated that poor funding has hindered the institution’s ability to meet its expected academic targets.

The Vice-Chancellor of the university, Prof. Isaac Zeb-Obipi, made this statement during a press briefing held at the institution on Monday in Port Harcourt, ahead of the week-long 37th and 38th combined convocation ceremony scheduled for Friday and Saturday this week.

Prof. Zeb-Obipi emphasized that poor funding continues to be a major challenge limiting the institution’s ability to meet its targets, adding that they trust the state governor, Sir Fubara Siminalaye, who is the visitor to the university, will continue to strengthen and support them.

He noted that the state governor has demonstrated his commitment to supporting the university, recently approving N700m for the ongoing NUC accreditation.

The Vice-Chancellor stated that the university faces deficits in classrooms, staff accommodation, and student hostels, with the infrastructure gap widening, and existing lecture halls and laboratories requiring renovation.

“We are prioritizing phased upgrades based on program needs,

He added that the university is short-staffed, having lost staff to retirement, death, and changes in job or place of work, and that new programs, departments, and faculties have been created to meet the contemporary needs of society.

Mean while,a total of 13,242 students are set to graduate in the combined convocation, with 10,648 undergraduates, 1,356 Master’s degree students, 700 postgraduate diplomas, and 538 Doctors of Philosophy.

The Vice-Chancellor also used the opportunity to list some achievements of his administration, including the creation of new directorates, completion of abandoned laboratories, and upgrades in the faculty of sciences, made possible with support from the Tertiary Education Technology Fund (TETFund).

He expressed appreciation to the governor and visitor to the university, Sir Siminalaye Fubara, for approving his appointment and promised to justify the confidence placed in him.

Continue Reading

Trending