News
Presidential Fertiliser Initiative Saves Nigeria Over N60bn Annually -NSIA
The Nigeria Sovereign Investment Authority (NSIA) has highlighted the impact of the Presidential Fertiliser Initiative which has been instrumental in transforming the nation’s agricultural sector since its inception in 2016.
The initiative, which it said, saved Nigeria over N60 billion annually by eliminating fertiliser subsidies, was the focus of a stakeholders’ roundtable held on Monday.
The event, themed “The Presidential Fertiliser Initiative: Imperative for Food Security,” brought together key players in the industry to review the initiative’s achievements and chart a course for its future.
In a statement issued on Monday, NSIA spokesperson, Joyce Onyegbula, noted that the PFI has not only addressed long-standing inefficiencies in Nigeria’s fertiliser sector but also led to the resuscitation and establishment of 84 blending plants across the six geo-political zones of the country.
This achievement has been further complemented by the creation of over 100,000 direct and indirect jobs, and the generation of more than $200 million in foreign exchange savings.
“The PFI, under the strategic leadership of the NSIA, has commendably resuscitated and established 84 blending plants across the six geo-political zones in Nigeria, accrued over USD200 million in foreign exchange savings, created more than 100,000 direct and indirect jobs, and generated annual fiscal savings of over N60 billion from fertiliser subsidy elimination.
To date, the initiative has delivered 90 million bags of locally blended high-quality fertilizers to farmers,” the statement said.
At the event, the Managing Director and CEO of NSIA, Aminu Umar-Sadiq, represented by the Head of Corporate Planning at NSIA, Sybil Etuk, emphasised that “the PFI aligns with the authority’s mandate to strengthen the agricultural sector, uphold import substitution as a critical lever for national development, and ultimately create shared value for all stakeholders.”
Despite global disruptions such as the COVID-19 pandemic and the ongoing Russia-Ukraine war, the PFI has ensured a steady supply of fertilisers, safeguarding the country’s agricultural productivity.
However, the NSIA acknowledged that foreign exchange fluctuations continue to pose challenges, particularly in the procurement of key imported raw materials, adding complexity to the value chain.
The authority’s Project Lead, Iruansi Itoandon, praised the initiative, calling it “a shining example of what we can achieve when we work together with a shared vision for our country’s future.”
Looking ahead, the NSIA said it was keen on positioning the PFI for even greater impact, with discussions ongoing about transitioning the initiative to full private sector control for its continued success.
The President, Fertiliser Producers and Suppliers Association of Nigeria, Sadiq Kassim, proposed the establishment of a fertiliser institute in collaboration with FEPSAN to “build the technical and financial capacity of players within the ecosystem.”
News
NELFUND Warns Students Against Fake Loan Portal
The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open.
The message directs applicants to a third-party link (http://gvly.xyz/Nelfund-Student-Loan, which NELFUND confirms is unauthorised and fraudulent.
In a post obtained from its X handle, yesterday, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasising that the official loan registration portal is only accessible through the Fund’s verified channels.
The agency reminded applicants to exercise caution online and to report any suspicious links or communications claiming to be from NELFUND.
“Applicants are encouraged to always verify official announcements via NELFUND’s official website and social media channels,” NELFUND said.
This advisory comes as part of NELFUND’s ongoing efforts to safeguard students and ensure the integrity of the student loan application process.
News
Eastern Port Police Boss Promises On Crime-Free Operations
The new Commissioner of Police Eastern, Ports Command, Mr Tijani Fatai has promised to ensure a crime- free ports operations in the zone.
He said effective policing will be mounted across the ports in the zone in tackling the high rate of community unrest, activities of port rats and other social vices.
Fatai while speaking to newsmen shortly after taking over as the 17th commissioner said he wants to be remembered as a peace maker during his tenure as Commissioner of Police in the Eastern Ports Command.
According to him,’’the community policing is the sure way of addressing most conflicts and other social vices bedeviling our society today and I will explore it to its fullest” .
The Commissioner also assured officers of the rank and file of improved welfare whoch he described as a cardinal objective of the present efforts of the Inspector General of Police (IGP).
He said,” the Inspector General of Police has sent me to assure you all of welfare, promotions as and when due,no officers particular rank and file will be left behind in the coming months.
Fatai before his recent posting was an operational officer,who spent most of his years with the Police Mobile Force (PMF) where he served as Unit Commander (UC) and Commander, PMF.
Before his redeployment as a Commissioner of Police,(CP), he was the Deputy Commissioner of Police, Operations, DCP, Operations, Lagos State Command.
News
Kalabaris Celebrate New Year Amid Fanfare
Thousands of Kalabari indigenes from Akuku- Toru, Asari-Toru, Degema and Port Harcourt City Local Government Areas last Sunday gathered at Elem Kalabari in Degema Local Government Area to celebrate what they said is the Kalabari new year amidst pomp and pageantry
According to stakeholders, the event which started over 200 years ago normally falls on the 16th of November every year.
The of this year’s celebration which was organised by Kalabari Renaissance Foundation was “Our Heritage, Honouring Our Waters and Renewing Our Spirit.”
Stakeholders said this year’s celebration was symbolic as it was holding at Elem Kalabari which is the home of the Kalabari people.
The event also featured various masquerade displays from cultural troupes within Kalabari and beyond.
Speaking on the significance of the event, the Amanyanabo of Elem Kalabari (The Source), HRH Mujahid Asari Dokubo, said the celebration signaled a return to the traditional values of the Kalabari people and the need for self-recreation.
“It’s not just about celebration, It’s about recreating ourselves, bringing us back from death.
“The organisation that has come to take over this celebration – Renaissance – really fits the description of what ought to happen to us as a people.
“It’s not just Kalabari; it’s about all of us and our values. We have to look at ourselves and our values,” he said.
Dokubo called on all Kalabari citizens to join hands together to revive their traditional values and heritage in order not to lose their cultural identity and spiritual trajectory.
Also speaking, Harry Awolayeofori MacMorrison, Chief Administrator and Chairman of Kalabari Renaissance Foundation, organizsers of the Kalabari new year festival, said the event marks the beginning of a new calendar year for the Kalabari people, after November 15 of every year when the tide cleanses the pollution from the Sombreiro River inflows, describing it as a renewal of the Kalabari people.
“It’s the renewal of the people. Kalabari area is saline environment and at a time, the Sombreiro River comes in and pollutes the river.
“On the 15th November, across Kalabari, the tide turns and takes all the fresh water that polluted the saline river back to the Sombreiro River
. “On the 15th is the end of the year. Normally when there is an end, there is a new beginning. On the 16th (November) is the beginning of the Kalabari calendar,” he said.
Awolayeofori Mac Morrison said the Kalabari communities had been holding the new year festival separately in the past until the Renaissance Foundation decided to champion a unified celebration to enable them forge a common front of trado-cultural and socio-economic development across the entire territory.
He said last year’s event held at Abalama while they decided to bring this year’s celebration to Elem Kalabari because of it significance to the Kalabari nation.
Also speaking, a member of the planning committee and media lead, Journalist Ibiba Don Pedro, said there was need to reawaken the consciousness of their people on the need to embrace their traditional values without reservations, noting that there was nothing fetish about the festival.
She said the celebration was to unite the Kalabaris as well as project the cultural heritage of the people.
Don Pedro said time has come for Africa to go back to their root , adding that development will continue to elude African countries until the people rediscover themselves.
By: John Bibor, Afini Awajiokikpom, Joseph Miabari Joan, Michael Kingdom & Mary Barugu
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