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IFAD President To Meet Jonathan

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The President of the International Fund for Agricultural
Development (IFAD), Dr Kanayo Nwanze, will during his one week working visit to
Nigeria next week, deliver a lecture at IITA, reports said.

It is his fourth visit to his home country since assuming
headship of the UN agency as its fifth president on April 1, 2009.

A programme of
activities, made available to our correspondent, by the IFAD Country
office, showed that Nwanze would meet with President Goodluck Jonathan at the
Presidential Villa on August 24, after which he would be involved in a media
forum.

He would also hold separate meetings with the Ministers of
Agriculture and Rural Development and Foreign Affairs on August 23. However,
the focus of their discussions were not disclosed.

The programme also showed that the president of the
Rome-based UN agency would also hold separate meetings with Dr Ngozi
Okonjo-Iweala, the Minister of Finance and Coordinating Minister of the
Economy, and CBN Governor Sanusi Lamido Sanusi on August 24.

According to the programme, Nwanze and Okonjo-Iweala would
sign the loan agreement for the new IFAD-assisted Value Chain Development
Programme in Nigeria and address a news conference after the event.

Meanwhile, a statement issued by Mr Godwin Atser, the IITA
Communication Officer for West and Central Africa, made available in Abuja on
Monday, stated that the IFAD President would pay a working visit to the
institute from August 20 to August 21.

The statement said that he would address scientists and
stakeholders in the agricultural value chain, including financial sector
operators who have a bias for agricultural financing.

It said that he would also deliver a lecture on “Investing
for and with the Youth: A Private-Public Partnership to Advance Participation
of Youth in Agribusiness.”

According to the statement, Dr Akinwumi Adesina, the
Minister of Agriculture and Rural Development, who is charged with the
responsibility of implementing reforms aimed at transforming the nation’s
agricultural landscape, would participate in the lecture.

The reforms are expected to cut the country’s food import
bills, improve food security, generate wealth, and create jobs for youths.

The statement quoted IITA Director-General Nteranya Sanginga
as saying that Nwanze’s visit to IITA is significant for Africa’s agricultural
development.

Established in 1967, IITA is a non-profit agricultural
research organisation committed to fighting hunger and poverty in tropical
nations, through improvement in the productivity of crops.

The institute became the first link of international
agricultural research from Africa to the global network of agricultural
research, also known as the Consultative Group on International Agricultural
Research (CGIAR).

IFAD is a specialised agency of the United Nations,
established as an international financial institution in 1977 as one of the
major outcomes of the 1974 World Food Conference.

It focuses on country-specific solutions, which can involve
increasing poor rural peoples’ access to financial services, markets,
technology, land and other natural resources.

The agency is dedicated to eradicating rural poverty in
developing countries by working with poor rural people, governments, donors,
NGOs and many other partners.

Under Nwanze’s leadership, IFAD has stepped up its advocacy
to ensure that agriculture is central to the international development agenda.

It has also ensured that the concerns and needs of small
holders and other poor rural people are recognised by governments around the
world.

Nwanze has more than 30 years of experience in poverty
reduction through agriculture, rural development and research.

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Association Woos Govt, Coys On  Boat Operators  Employments

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The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
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FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
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NIWA Harps On  Avoidance Of Leaking Boats

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The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
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