Business
Nigeria, Canada Set To Boost Trade Relations
Nigeria and Canada are set to boost trade, deepen economic ties and establish Nigeria-Canada manufacturing alliance to provide strategic guidance and leadership for trade and bilateral cooperation.
Communication Director of Affinity Global Trade and Investment Ltd., Mrs Anum Ilyas, gave the assurance recently while announcing Nigeria-Canada Trade and Investment Business Forum (NCTIBF).
She said the forum would ensure relevant Ministers give key speeches and champion the course of Nigerian trade and investment.
In a statement, she said the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, and his Science and Technology counterpart, Dr Adeleke Mamora, are to play key roles at the Nigeria-Canada Trade and Investment Business Forum scheduled to hold in Ottawa, Canada, in January 2023.
According to her, the event was being organised by the Canadian Council on Africa, in partnership with Affinity Global Trade and Investment Ltd., and in collaboration with the Nigeria High Commission, Ottawa.
Ilyas said participating organisations with confirmed delegates were the Federal Ministry of Industry, Trade and Investment, Ministry of Petroleum Resources, Raw Materials Research Council, Nigeria Export, and the Export Processing Zones Authority (NEPZA).
Private sector confirmed delegates, she said, included Global Trade Expert, Geetyme Oil & Gas Integrated Services and Areef Hydro Services Ltd.
Captains of industries specially invited to join the forum delegation are the Dangote Group, Flour Mills of Nigeria Plc, and Quits Aviation Free Zone Company Plc.
She stated that the forum was intended to contribute to the acceleration of economic and commercial relations between Nigeria and Canada, through curated transactions and marketplace interactions for businesses, governments, and not-for-profit organisations.
According to her, the event will bring together a formidable Nigerian delegation with leading Canadian leaders, from both the public and private sectors, for building strong networks and symbiotic knowledge sharing relationships.
“The forum, in a class of its own, will focus on changing the trajectory of intergovernmental and business-to-business relations between Canada and Nigeria towards stronger engagement and ties.
“Specifically, the event would focus on engagements and panel discussions centered around three key pillars/sectors: manufacturing, science & technology, and oil and gas.
“The forum is expected to welcome over 100 delegates from Nigeria and Canada, including government and private sector officials from bothcountries as well as investors, development partners, and trade support institutions,” Ilyas said.
The objectives of the forum, she continued, included deepening economic ties between Nigeria and Canada and establishment of a Nigeria-Canada manufacturing alliance to provide strategic guidance and leadership for trade and bilateral cooperation.
It’s also to facilitate the engagement of senior Nigerian government officials and industry leaders with their Canadian counterparts to accelerate progress on the Nigeria-Canada Foreign Investment Protection Agreement Bilateral relations.
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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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