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How Russia-Africa Trade Increased To $18bn After 1st Summit -Putin

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Russian President, Vladimir Putin, has said that Russia-Africa trade reached 18 billion dollars in 2022, which was necessitated by the first Russia–Africa Summit held in Sochi, Russia in 2019.
Putin said this yesterday at the ongoing Russian-African summit and Economic and Humanitarian Forum in St. Petersburg, Russia.
He said that Russia’s government, business and the public were sincerely interested in further deepening multifaceted trade, investment and humanitarian ties with Africa.
The Russian president said this would meet the needs of all countries and promote stable growth and prosperity.
“I have no doubt that by working together, we will be able to increase our trade substantially in the near future.
“Incidentally, in the first six months of 2023 alone, our export-import transactions with African countries increased by over one third.
“The structure of our trade looks good as well: machinery, equipment, chemicals and food account for over 50 per cent of Russia’s exports to Africa.
“We are aware of the importance of uninterrupted supply of food products to African countries. This is vital for their socioeconomic development and for maintaining political stability.
“This is why we will continue to give special attention to supplying wheat, barley, corn and other grain crops to our African friends, as part of humanitarian aid provided under the UN World Food Programme,” he said.
Putin said Russia’s trade with African countries in agricultural products increased by 10 per cent amounting to 6.7 billion dollars, and had already demonstrated record growth between January and June 2023 by 60 per cent.
He said Russia exported 11.5 million tonnes of grain to Africa in 2022 and almost 10 million tonnes in the first six months of 2023.
He explained that these had been taking place in spite of the “illegal sanctions” imposed on its exports, which constituted a serious impediment for exporting Russian food, complicating transport, logistics, insurance and bank transactions.
“We are witnessing a paradox. On one hand, the West seeks to block our grain and fertiliser exports while accusing us of the current crisis on the global food market.
“This is outright hypocrisy. We saw this approach in all clarity with the so-called grain deal brokered with the participation of the UN Secretariat.
“It was initially designed to promote global food security, mitigate the threat of hunger and help the poorest countries, including in Africa,” he said.
However, he said that in almost a year since the so-called deal was concluded, a total of 32.8 million tonnes had been exported from Ukraine.
The Russian president said over 70 per cent ended up in high-income and above-average income countries, including the European Union.
“I would like to draw your attention to the fact that countries like Ethiopia, Sudan, Somalia and several others received less than three per cent of this total, or under one million tonnes.”
He further said that among other things, the reason Russia agreed to take part in the “so-called” deal was because it contained commitments to lift the illegitimate obstacles for supplying grain and fertilisers to the global market.
Putin, however, noted that none of all what was agreed upon or promised, materialised.
“None of the conditions relating to lifting the sanctions against the exports of Russian grain and fertilisers to the global markets had been fulfilled.”
He said the country faced obstacles when trying to deliver mineral and fertilisers to the poorest countries that needed them for free, as its government discussed during the meeting with the leadership of the African Union.
“We managed to send only two shipments – just 20,000 tonnes to Malawi and 34,000 tonnes to Kenya, with 262,000 tonnes of these fertilisers blocked in European ports.
“All the rest remained in the hands of the Europeans, even though this initiative was purely humanitarian in nature, which means that it should not have been exposed to any sanctions, as a matter of principle.
“Ok, some may not want Russia to enrich itself, as they say, and use its revenue for military aims; fine.
“But these were free shipments! But no, they would not let them through, in spite of all this empty talk about their desire to help the poorest countries,” he said.
He assured that Russia could fill in the gap left by the withdrawal of the Ukrainian grain from the global market, either by selling its grain or by transferring it for free to the neediest countries in Africa.
Putin also announced that in the next four months, his government would supply at no cost 25,000–50,000 tonnes of grain each to Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic as well as Eritrea.
“Ukraine produced about 55 million tonnes of grain in the past agricultural year, as exports amounted to 47 million tonnes, including 17 million tonnes of wheat.
“While Russia harvested 156 million tonnes of grain last year, it exported 60 million tonnes of which 48 million tonnes was wheat.
“Russia’s share of the world wheat market is 20 percent, while that of Ukraine is less than five per cent. This means that Russia is a significant contributor to global food security and a solid, responsible international supplier of agricultural products.
“On this note, hose who claimed that this was not the case, that it was only to secure the so-called grain deal to export Ukrainian grain, were simply twisting the facts and telling untruths.
“We are seeking to actively participate in the formation of a more equitable system for the distribution of resources and we are doing our best to prevent a global food crisis,” Putin assured.
He further assured that Russia would continue to support states and regions in need, as well as those that need humanitarian supplies.
The Tide source reports that the summit which started on July 27 and will end on July 28 has its theme as “Technology and Security in the Name of Sovereign Development for the Benefit of Humankind”.
The Tide source is one of the media partners of the Russia-Africa Summit 2023 and its Managing Director, Mr Buki Ponle, is also attending the event.

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China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle

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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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Tinubu Nominates Ex-INEC Chair Yakubu, Fani-Kayode, Omokri, 29 Others As Ambassadors

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President Bola Tinubu has sent the names of 32 ambassadorial nominees to the Senate for confirmation, days after he sent the first batch of three names.

Among them are the immediate past chairman of the Independent National Electoral Commission, Mahmud Yakubu, an aide to former President Goodluck Jonathan, Reno Omokri (Delta), and former Enugu State Governor, Ifeanyi Ugwuanyi, among others.

“In two separate letters to the Senate President, Godswill Akpabio, President Tinubu asked the Senate to consider and confirm expeditiously 15 nominees as career ambassadors and 17 nominees as non-career ambassadors,” read a statement on Saturday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.

In the statement titled, ‘Tinubu nominates 32 additional ambassadors,’ Onanuga noted, “There are four women on the career ambassadors’ list and six women on the non-career ambassadors’ list.”

“Among the non-career ambassador designates are Ogbonnaya Kalu from Abia, a former presidential aide, Reno Omokri (Delta), former chairman of the Independent National Electoral Commission (INEC), Mahmud Yakubu, former Ekiti first lady, Erelu Adebayo, and former Enugu governor, Ifeanyi Ugwuanyi.

“Others are Tasiu Musa Maigari, the former speaker of the Katsina House of Assembly, Yakubu N. Gambo, a former Commissioner in Plateau State and former Deputy Executive Secretary of the Universal Basic Education Commission.

“Professor Nora Ladi Daduut, a former senator from Plateau; Otunba Femi Pedro, a former Deputy Governor of Lagos State; Femi Fani-Kayode, a former aviation minister from Osun State; and Nkechi Ufochukwu from Anambra State are on the nomination list,” the statement read.

Also on the list are former First Lady of Oyo, Fatima Florence Ajimobi, former Lagos Commissioner, Lola Akande, former Adamawa Senator, Grace Bent, former governor of Abia, Victor Okezie Ikpeazu, Senator Jimoh Ibrahim, businessman, lawyer and Senator from Ondo State, and the former ambassador of Nigeria to the Holy See, Ambassador Paul Oga Adikwu from Benue State.

Among the nominees for career ambassador and high commissioner-designates are: Enebechi Monica Okwuchukwu (Abia), Yakubu Nyaku Danladi (Taraba), Miamuna Ibrahim Besto (Adamawa), Musa Musa Abubakar (Kebbi), Syndoph Paebi Endoni (Bayelsa), Chima Geoffrey Lioma David (Ebonyi) and Mopelola Adeola-Ibrahim (Ogun).

The other nominees are Abimbola Samuel Reuben (Ondo), Yvonne Ehinosen Odumah(Edo), Hamza Mohammed Salau (Niger), Ambassador Shehu Barde (Katsina), Ambassador Ahmed Mohammed Monguno (Borno), Ambassador Muhammad Saidu Dahiru (Kaduna), Ambassador Olatunji Ahmed Sulu Gambari (Kwara) and Ambassador Wahab Adekola Akande (Osun).

“The new nominees are expected to be posted to countries with which Nigeria maintains excellent and strategic bilateral relations, such as China, India, South Korea, Canada, Mexico, the United Arab Emirates, Qatar, South Africa, Kenya, and to Permanent Missions such as the United Nations, UNESCO, and the African Union.

“All the nominees will know their diplomatic assignments after their confirmation by the Senate,” it read.

Last week, Tinubu sent three ambassadorial nominees for screening and confirmation.

The nominees were Ambassador Ayodele Oke (Oyo), Ambassador Amin Mohammed Dalhatu (Jigawa), and Retired Colonel Lateef Kayode Are (Ogun).

All three are in the pot for posting to the UK, USA, or France after their confirmation.

“More nominees for ambassadorial positions will be announced soon,” Onanuga revealed.

 

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Investment In Education Remains Top Priority For Gov Fubara – SSG

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The Secretary to Rivers State Government, Dr. Benibo Anabraba, has reiterated that the administration of Governor Siminalayi Fubara remains committed to improving access to quality education at all levels.

Dr. Anabraba gave the assurance while receiving the Deputy Registrar/Zonal Coordinator of the West African Examinations Council (WAEC), Mr Ayanfemi Adeniran-Amusan in Port Harcourt during a courtesy visit.

He emphasised that Governor Fubara remains resolute in sustaining investment in the education sector to improve the quality of teaching and learning.

According to him, “We appreciate the work you are doing and know that our students are amongst the highest in ranking.

“His Excellency, Sir Siminalayi Fubara, takes education very seriously. He is sponsoring the free registration of students for the West African Senior School Certificate Examination (WASSCE) in Government Schools.

“Also, Governor Fubara has approved the establishment of Computer-Based Test (CBT) Centres across the State’s three senatorial districts and the 23 LGAs. The project is intended to improve access to digital learning and examination facilities for students so that our children are at breast with digital literacy, a prerequisite for today’s students.

“We are currently working assiduously to get those centres, both mega and mini, across the three senatorial districts and the 23 local government ready in order to meet up with your deadline,” he said.

The SSG also conveyed the assurances of the Governor to WAEC on Government’s willingness in providing land for its Zonal Office.

Earlier, the Deputy Registrar/Zonal Coordinator of the West African Examination Council, Mr Ayanfemi Adeniran-Amusan, promised to collaborate with the State Government in matters concerning education development.

In another development, the Secretary to State Government, Dr Benibo Anabraba, also met with officials of the National Agency for the Prohibition of Trafficking in Persons, NAPTIP, led by the Assistant Director of Intelligence, Rivers State Command, Barr. Ikediashi Nwamaka.

The SSG while appreciating the Agency for its effort in the protection of vulnerable persons, also raised Government’s concern on the activities of orphanages and care homes in unwholesome practices such as child trafficking, abuse of underaged girls also known as baby-factory, and the lack of regulations on surrogacy.

He however assured that the Rivers State Government has already put plans in place towards legislation to regulate these acts against vulnerable persons, particularly women and children.

 

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