Connect with us


PHCCIMA Strengthens Ties With NDDC On SMEs’ Growth, Others



It was yet another milestone achievement as the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) and the Niger Delta Development Commission (NDDC) have strengthened their collaboration on the development of Micro, Small and Medium Scale (SMEs) businesses, trade missions and trade fair participation, among other things.
Speaking at the courtesy call on the Interim Management of NDDC in Port Harcourt, PHCCIMA President, Sir Mike Elechi, explained that PHCCIMA was the recognised leader of organised private sector in Rivers State, and one of the approved four premier Chambers of Commerce in Nigeria under the platform of Nigerian Association of Chambers of Commerce.
He added that the chamber has the only approved international trade fair status, and also hosts the international trade fair, approved by the Federal Ministry of Industry, Trade and Investment for the region.
According to him, “PHCCIMA’s main objective is to promote growth and development of business activities in a conducive environment in the state and Niger Delta region which could be realistic through partnership with government and private sector organisations to execute our people-oriented programmes and make businesses thrive in the state, hence our visit here today is hinged on the age-long recognition of the chamber to NDDC as an interventionist agency saddled with the responsibility of developing the people of the region”.
Elechi, who is also the CEO of Vintage Farms and Products Ltd, intimated the commission on some identified areas of partnership, including micro, small and medium scale business development, saying that the chamber consist of MSMEs, and SMEs representing all sectors of the national economy.
He said that it was for this reason that it was partnering with NDDC on the above development programme to serve as the needed catalyst in developing viable business ventures across all sectors within the region with huge availability of raw materials for small scale cottage industries in the region.
He maintained that youth entrepreneurship and capacity development programme will help in addressing youth restiveness in the region and mentioned that they had successfully collaborated with the Presidential Amnesty Programme (PAP) in the past to deliver re-orientation and exhibition programme in Port Harcourt, adding that with their wealth of experience and partnering with NDDC would be focusing on human capital development with emphasis on entrepreneurship development to addressing restiveness and reducing unemployment rate.
The National Productivity award winner also added that trade missions participation is one of the major area they would like collaboration with the NDDC to accommodate and promote wider range of participation of government officials, captains of industry and community leaders to also widen their business horizon, even as he proposed to partner the commission in profiling and recommending qualified members across the region to access low interest and collateral free loan from the NDDC micro-finance bank to boost their various businesses.
Elechi further used the medium to woo the commission to participate on the December 6 to 20th Port Harcourt International Trade Fair, which according to him, has become a unique meeting point for Nigerian and foreign businesses policy makers, industrialists, manufacturers, suppliers as well as offering opportunities for investment and trade promotion.
In his response, the Interim Administrator of Niger Delta Development Commission (NDDC), Dr. Effiong Okon Akwa, thanked the PHCCIMA president and his team on their programmes which are targeted at the development of the Niger Delta region.
He maintained that NDDC was a corporate member of PHCCIMA, and has had representative at the chamber’s events in the time past, just as he used the visit to announce the renewal of the NDDC membership commitment as well as desire to participate in the forthcoming Port Harcourt International Trade Fair and exhibitions.
The NDDC boss promised to partner with PHCCIMA in all their request, including youth entrepreneurship and capacity building, trade missions participation and growth of SMEs, positing that SMEs plays important role in the development of the economy, even as he noted that government cannot employ all the labour whereas SMEs are the highest employer of labour to take away the heat from the government.
The event, which took place at the Conference Hall of the NDDC Headquarters, had in attendance the PHCCIMA President, Sir Mike Elechi, the 2nd Deputy President, Hon. Charles Beke; Treasurer, Surveyor Emmanuel Ogbonda; Publicity Secretary, Pastor Uche Onochie; Elected Council member and Chairman of Trade Missions Desk, Mrs. Florence Nwosibe; Chairman, Economic and Commercial Trade Group, Dr. Maraizu Uche; Chairman, Power and Energy Trade Group, Engr. Tony Nwogbo; the Director General, and Mr. Erasmus Chukunda.

By: Nelson Chukwudi

Continue Reading


Akeredolu will be remembered for truth, justice – Aiyedatiwa



Gov. Lucky Aiyedatiwa of Ondo State on Wednesday said the late former Governor of the state, Oluwarotimi Akeredolu, would be remembered for his good deeds, especially standing for truth and justice.

Aiyedatiwa stated this during a special court session held in honour of the late former governor at the Ondo State High Court in Akure.

He explained that the former governor used his knowledge, ebullience and capacities to defend the human peaceful existence.

Aiyedatiwa added that the deceased deeds during his life time were greatly impactful.

According to him, the deceased was after justice and rule of law.

Aiyedatiwa said that late Akeredolu was always not pleased when justice was not served.

He described the honour bestowed on the late governor as a well deserved because his life evolved around the legal profession.

“He was an achiever with success stories. He stood firm and was committed to truth and justice,” he said.

Also speaking, the Chief Judge (CJ) of the state, Justice Olusegun Odusola, said that late Akeredolu remained celebrated in death more than being alive considering a reference to his achievements and attainment in life.

Odusola said that the late governor was a courageous fighter, who faced the serious security challenges in the state with ingenious courage that had become a national model.

He stated that it was more-worthy that the late governor did not interfere with judicial activities, even when it did not favour his desires.

According to him, late Akeredolu was a man that lived with his words.

“In my last encounter with him at a time when his health was obviously failing, Arakunrin still reiterated his desire to construct a judiciary complex that will be the envy of other states in the Federal Republic of Nigeria.

“He also spoke about judges’ welfare and I wondered how a man in such a condition could still love the judiciary so much as to remember the little promises he made,” he said.

The CJ said that late Akeredolu was an outstanding legal icon and a political colossus, a man who was an exemplar of indefatigable courage, principled resistance with honesty and self-respect.

He stated that late Akeredolu would continue to be a good reference point in humanity.

In his remarks, the President of the Nigerian Bar Association (NBA), Mr Yakubu Maikyau, described the late governor as a man with keen passion to help humanity and secure peace.

Maikyau added that the deceased was a person of humility known for truth and justice, and asked the deceased family to take solace in the good deeds of the late governor.

Dignitaries present include Gov. Abdulrasak Abdulrahman of Kwara; Ondo State Deputy Gov, Olayide Adelami; Chief Olusola Oke, SAN; and APC Chairman in Ondo State, Mr Ade Adetimehin.

Others are human rights lawyer, Mr Kayode Ajulo; Ambassador Sola Iji, Speaker Ondo State House of Assembly; and former Inspector of Police, Mr Sunday Ehindero.

Continue Reading


Gunmen Kill Police Inspector In Rivers 



The Rivers State Police Command said an Inspector was killed by gunmen who ambushed and attacked its men on a stop and search duty at the Eliozu Flyover in Obio/Akpo Local Government Area of the state on Wednesday night.

The spokesperson of the command, Grace Iringe-Koko, disclosed this in a statement issued yesterday.

Iringe-Koko said the gunmen who were spotted in a carton-colored Sienna bus with fully tinted glasses drove in from the Rumuodumaya axis, near Port Harcourt where they launched the offensive which claimed the officer’s life.

She, however, said the team rose to the occasion and returned fire and neutralised one of the miscreants who wore masks, but that other gang members escaped by the whisker.

The statement reads, “We are deeply saddened to announce a heinous incident that occurred on 21st February 2024, involving an attack on policemen attached to Operation Sting of the Rivers State Police Command.

“At approximately 2145hrs, while conducting routine stop-and-search at Eliozu flyover, the officers were ambushed by unidentified hoodlums operating in a carton-colored Sienna bus, with fully tinted glasses.

“The registration number of the vehicle remains unknown at this time.

“The assailants drove in from the Rumuodumaya axis, and opened fire on the police team, resulting in the tragic loss of one Inspector who valiantly gave his life in the line of duty.

“Undeterred, the police team responded with bravery, engaging the attackers and managing to neutralise one of them with a mask on his face, while the others managed to escape, potentially sustaining gunshot wounds.

“The command has launched a thorough investigation into this despicable act and has already identified the group responsible.

“Rest assured, we will relentlessly pursue these criminals and bring them to justice. No amount of intimidation will hinder our officers’ unwavering commitment to safeguarding the lives and property of the citizens.”

While noting that such acts of aggression against security forces detrimentally impact the safety and security of our entire society, she stressed that the command remains resolute in its duty to maintain peace and protect the well-being of the populace.

“The Commissioner of Police, Olatunji Disu, reiterates unequivocally that those who perpetrate violence against policemen or any citizen will face the full weight of the law.

“We urge all law-abiding citizens to continue with their daily activities without panic, as we are determined to uphold our mandate of preserving lives and property in the face of such challenges.

“We extend our deepest condolences to the family and colleagues of the fallen inspector, and we assure them that his sacrifice will not be in vain. Our resolve to serve and protect remains unwavering as we stand together against those who seek to disrupt the peace and harmony of our society”, she said.

Recall that last year, a former Divisional Police Officer of Ahoada Division, Bako Angbashim, was ambushed and killed by a cult gang.

Since the death of the cop, the command has been on his trail, with constant land and air bombardments in the various hideouts of the Iceland cult leader, even as some of his lieutenants were gunned down previously.

However, on Monday, Grace Iringe-Koko,  said intelligence reports revealed that the wanted cult kingpin was killed in a recent joint security raid in the Idu-Ekpeye community, Ahoada East Local Government Area of the State.


Continue Reading


Nigeria’s GDP Grew By 3.46% In Q4 2023  -NBS



Nigeria’s Gross Domestic Product grew by 3.46 per cent year-on-year in real terms in the fourth quarter of 2023, the National Bureau of Statistics has disclosed.

In its ‘Nigerian Gross Domestic Product Report (Q4, 2023),’ released yesterday, the NBS said the growth rate is lower than the 3.52 per cent recorded in the fourth quarter of 2022 and higher than the third quarter of 2023 growth of 2.54 per cent

It added that the service industry was responsible for the growth in the quarter.

Both the IMF and World Bank expected Nigeria’s economy to grow by 2.9 per cent in 2023.

The report read, “Nigeria’s Gross Domestic Product (GDP) grew by 3.46 per cent (year-on-year) in real terms in the fourth quarter of 2023.

“This growth rate is lower than the 3.52 per cent recorded in the fourth quarter of 2022 and higher than the third quarter of 2023 growth of 2.54 per cent.

“The performance of the GDP in the fourth quarter of 2023 was driven mainly by the Services sector, which recorded a growth of 3.98 per cent and contributed 56.55 per cent to the aggregate GDP.”

In terms of share of the GDP, industry, and the services sectors contributed more to the aggregate GDP in the fourth quarter of 2023 compared to the fourth quarter of 2022.

“The agriculture sector grew by 2.10 per cent, from the growth of 2.05 per cent recorded in the fourth quarter of 2022. The growth of the industry sector was 3.86 per cent, an improvement from -0.94 per cent recorded in the fourth quarter of 2022. In terms of share of the GDP, industry, and the services sectors contributed more to the aggregate GDP in the fourth quarter of 2023 compared to the fourth quarter of 2022. On an annual basis, GDP grew by 2.74 per cent in 2023 relative to 3.10 per cent in 2022,” the report added.



Continue Reading