News
Nigeria Remits $100m To ECOWAS In Community Levies
The Federal Government has paid US$100,324,011.33 to the Economic Community of West Africa (ECOWAS) as community levy this year alone.
This was disclosed at the presentation of the Nigeria country report by the Nigerian delegation at the ongoing Second Ordinary Session of the ECOWAS Parliament in Abuja.
The leader of Nigeria’s delegation of parliamentarians to ECOWAS Parliament, Ahmed Wase, said Nigeria has, so far in 2022, remitted the amount to the ECOWAS Commission.
He added that the government is committed to fulfilling her financial obligations to ECOWAS, and is making arrangements to pay up the balance for the year.
He said: “Nigeria’s commitment to the ECOWAS Protocol on Free Movement of Persons and Goods is completely unwavering.
“In a bid to gain full realisation of the protocol, the Federal Government has introduced the Visa on Arrival (VoA) policy to expedite movement of ECOWAS members through Nigeria’s borders.
“The Federal Government of Nigeria has signed the agreement establishing the African Continental Free Trade Area, AfCFTA.
“Nigeria has equally demonstrated commitment to a gradual removal of import duties and other non-tariff barriers on imports within the African continent.
“To show the Federal Government’s commitment, the Nigerian Ports Authority has commissioned the first Export Processing Terminal (EPT) in the country.
“This is geared at enabling export-bound cargoes access to the Lagos Seaports without a glitch, in line with AfCFTA objectives.
“With this move, we believe we will encourage intra-African trade and boost regional development.”
On the 2023 elections, he reported that the political situation in Nigeria is charged-up with electioneering activities and that the Independent Electoral Commission (INEC) has expressed its commitment to free, fair and credible elections.
On the security situation in the country, he said Nigeria is currently stable, as data for Q3 shows a decline in insecurity but added that the country is still experiencing some security challenges.
On the economy, Wase said: “The economy is slowly recovering from the combined impact of the COVID-19 pandemic, the Russian-Ukraine war, insecurity, and natural disasters.
“Despite the challenges, the Nigerian economy recorded a 3.54percent growth in the second quarter (Q2) of 2022.
“This is a 0.43% increase from Q2 of 2021 where we had a 3.11percent growth and a higher showing, compared to the initial market forecasts of 2.60percent growth.
“The current growth we see in the economy is driven by the non-oil sector with key sectors being – finance and insurance; transportation; agriculture and manufacturing; information and communication sectors.
“The oil sector, which has been the economic driver and core revenue generator for the country, has shrunken by 12percent. Oil production declined to 1.43million barrels per day in Q2 of 2022, compared with 1.49million barrels in Q1.
“The loss in production is largely attributable to oil bunkering and as a result, Nigeria has been unable to meet her OPEC+ quota this year.
“However, the country’s oil production is set to improve through the Federal Government’s collaboration with some major stakeholders in the industry to clamp down on oil theft.
“Thus, improving production and guarantying efficient export operations by the end of November 2022.”
He explained that to cushion the impact of the troubled economy, the Federal Government of Nigeria has leveraged on Nigeria’s international partnerships.
News
NAFDAC Alerts Nigerians To EU Ban On Dex Soap
The National Agency for Food and Drugs Administration and Control, NAFDAC, has alerted Nigerians on the ban on Dex Luxury Bar Soap (No 6 Mystic Flower), by the European Union (EU).
The notification is contained in a public alert with No. 012/2024, signed by NAFDAC Director-General, Prof Mojisola Adeyeye, and issued to newsmen in Abuja yesterday.
“The product does not comply with the cosmetic products regulation; it also contains Butyphenyl Methylpropional (BMHCA), which is prohibited in cosmetic products due to its risk of harming the reproductive system.
“It also causes harm to the health of unborn children and may cause skin sensitisation.
“It is as a result of the defective nature of the product that the EU banned it.
“The products is not in NAFDAC database; importers, distributors, retailers and consumers are to exercise caution and vigilance within the supply chain,” she said.
NAFDAC boss urged marketers and consumers to avoid the importation, distribution, sale and use of the product, stressing that product’s authenticity and physical condition must be carefully checked.
She enjoined members of the public in possession of the product to discontinue sale or use, and submit stock to the nearest NAFDAC office.
News
Communities, Volunteers Ready To Face Upcoming Floods – Red Cross
The Country Manager of the British Red Cross in Nigeria, Karsten Voigt, says communities and volunteers are ready to face the challenges expected with the upcoming floods.
Voigt said this at the sidelines of the 56th Annual General Meeting of the Nigerian Red Cross Society (NRCS), Lagos Branch.
The Tide’s source recalls that the British Red Cross donated resilience items to some communities in December 2023, to help mitigate the effects of flooding.
The items included cash, rain boots, rain coats, mosquito nets, handheld flashlights, solar powered lights with radio, USB chargers and a bridge to link the communities.
The communities that benefited included Agboyi 1, Agboyi 2, Agboyi 3 and Odo Ogun in Kosofe Local Government Area of the state.
Voigt said the Red Cross had measured the impact of the project in the communities and noticed that a lot of progress had been made.
According to him, apart from the cash and items given to the communities, simulation exercises have also been carried out to prepare the volunteers ahead of the floods.
“We have seen that people used the cash to address immediate needs they have after floods.
“Many households have used part of the cash to build up businesses.
“The solutions we have given to them are not only addressing their immediate needs after the disaster but actually building family income for their future,” he said.
News
Nimet Forecasts Three-Day Sunshine, Thunderstorms
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorm from Monday to Wednesday across the country.
NiMet’s weather outlook released yesterday in Abuja, forecasts sunny skies on Monday with a few patches of cloud over the northern cities and prospects of thunderstorms over parts of Taraba later in the day.
According to the forecast, sunny skies with patches of clouds are expected over the North Central region with prospects of morning thunderstorm over parts of the Federal Capital Territory, Nasarawa, Kogi and Kwara States.
“Later in the day, isolated thunderstorms are anticipated over parts of the Federal Capital Territory, Kogi and Benue States.
“The southern region is expected to be cloudy with spells of sunshine with prospects of morning thunderstorms over parts of Oyo, Ekiti, Ogun, Ondo and Lagos States.
“ In the afternoon/evening periods, isolated thunderstorms are expected over parts of Enugu, Ebonyi, Abia, Ekiti, Ogun, Imo, Oyo, Ondo, Edo, Cross River, Akwa Ibom, Delta, Rivers, Lagos and Bayelsa States,” it said.
NiMet also anticipated sunny skies on Tuesday with few patches of cloud over the northern states with prospects of isolated thunderstorms envisaged over parts of Bauchi, Gombe, Adamawa, Taraba and Kaduna States during the afternoon and evening hours.
It envisaged the North Central region to be sunny with patches of cloud during the morning hours.
The agency also envisaged isolated thunderstorms over parts of the Federal Capital Territory, Plateau, Nasarawa, Kogi, Benue, Kwara and Niger States, later in the day.
“Cloudy atmosphere with intervals of sunshine is expected over the inland and coastal areas of the South, with chances of morning thunderstorm over parts of Cross River, Bayelsa, Akwa Ibom and Rivers States.
“In the afternoon/evening periods, isolated thunderstorms are anticipated over parts of Osun, Ekiti, Ondo, Imo, Anambra, Enugu, Abia, Oyo, Edo, Delta, Cross River, Akwa Ibom, Lagos, Rivers and Bayelsa States ,” it said.
It predicted a sunny atmosphere on Wednesday, with patches of cloud over the northern region, during the forecast period.
“Sunny skies with patches of clouds are expected over the North Central region with chances of isolated thunderstorms over parts of Plateau, Kogi, Nasarawa, the Federal Capital Territory and Benue States, during the afternoon/evening periods.
“ Cloudy atmosphere with intervals of sunshine is expected over the inland and coastal areas of the South with prospects of thunderstorms over parts of Anambra, Imo, Enugu, Ebonyi and Abia.”
Other states to experience cloudy atmosphere, are “Edo, Ondo, Ekiti, Ogun, Oyo, Cross River, Lagos, Akwa Ibom, Rivers, Delta and Bayelsa States, later in the day.”
NiMet urged the public to take adequate precaution as strong winds might precede rains in areas where thunderstorms were likely to occur.
The agency also urged airline operators to get updated weather reports and forecasts from its office for effective planning in their operations.
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