Niger Delta
RSNC Promises To Partner Institute On Risk Mgt Awareness
The General Manager of Rivers State Newspaper Corporation (RSNC), publishers of The Tide Newspaper, Mr Vincent Ake has promised that the establishment would collaborate with the Chartered Institute of Loan and Risk Management to create the needed awareness for the institute to thrive in the South-South.
Speaking during a courtesy visit by the officials of the institute in his office, yesterday, Ake stated that the only way people could hear and embrace the institute was when the press had created sufficient awareness to spur the people to embrace the activities of the institute.
“I was just thinking that, perhaps, before you did your last programme in Port Harcourt, there was not enough publicity and that was why those who would have been interested and inducted could not participate as they could not get the necessary information.
“I think you have to take advantage of the wider reach of the media to publicise the benefits derived for being a member of the institute. We know that for now, eligibility is free, but from next year, new entrants may have to write an examination,” Ake added.
“For us, our business is to publicise the events that happen in our environment. So, for that purpose, if a programme of such is coming up, we will be at your beck and call.
“Loan involves risk management and there is no way you will take loan and there wouldn’t be risk involved. Also, there is no way as the head of a place that is managing the resources of people and you will not undertake some risks,” he said.
Ake described officials of the institute as men of impeccable character that everyone ought to have confidence in, adding that for them to belong to such an institute shows their reputation and genuineness.
He stressed that Rivers State was the most prominent state in the South-South, adding that The Tide circulates in the region as much as possible, and urged the institute to take advantage of the newspaper’s visibility to advance their cause.
Earlier, Director of Operations, South-South Zone, Dr Barile Korsi stated that the institute was designed primarily to focus on the important issue of risk management, including financial, environmental, cyber, political, among others, adding that risk management was as important as the individual’s success in life.
He noted that due to the over emphasis on loan instead of risk management, officials of the institute were before the National Assembly to change the name of the institute to Chartered Institute of Risk Management because of the challenge the overriding influence of loan has created for its members.
Susan Serekara-Nwikhana
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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