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ECOWAS Takes Steps to Remove Bottlenecks in Palm Oil Industry in West Afric

ECOWAS Takes Steps to Remove Bottlenecks in Palm Oil Industry in West Africa
By: Michael Mike
Economic Community of West African States (ECOWAS) has taken a step to boost the production of palm oil and its sales in the subregion with a convocation of the meeting of stakeholders to evolve strategies to end the bottlenecks of the industry.
Speaking at the Meeting of the Free Movement of Palm Oil under the ECOWAS Preferential Tariff Regime (ECOWAS Trade Liberalization Scheme, ETLS) in Abuja, the ECOWAS Commission’s Commissioner of Economic Affairs and Agriculture, Massandje Toure-Litse said the meeting has become inevitable to work out modalities for tackling challenges faced by stakeholders in palm oil industry in the subregion.
Toure-Litse said one of the challenges in palm oil trading in the region was taxation, adding that ECOWAS ETLS had eradicated tariffs in business transactions within the region.
She said: “Some products will go to some countries and the countries will ask them to pay tariffs when we know that under ECOWAS law, goods produced in our region should be free of tax.
“We have invited all the countries to come and have a discussion to solve the issues in the commercialisation of palm oil in the region. The countries invited are Ivory Coast, Togo, Benin, Nigeria, Ghana and Liberia.”
On his part, the ECOWAS Commission’s Director of Customs, Union and Taxation, Salifou Tiemtore, while lamenting that West African countries are not producing enough palm oil to meet members’ needs, said there is urgent need to increase production and ensure that bottlenecks affecting the industry are removed.
Tiemtore said: “Let me tell you the truth, till now, with the statistics we have, we still need to import palm oil. What we are producing is not enough for our own consumption.
“If you take a country like Nigeria, it has the capacity to double its production in terms of palm oil but we need to put in place some incentives so that through ECOWAS ETLS Nigeria can cover the Nigerian market and also go beyond the Nigerian market.”
He said the region has the potential to meet the needs of member states if support were given to entrepreneurs to expand production and take advantage of the ECOWAS ETLS.
In his address of welcome, the Head of the ECOWAS National Unit at the Ministry of Foreign Affairs, Ambassador Yakubu Dadu, said despite the remarkable success of the ETLS, “we find ourselves facing challenges within the pivotal palm oil sector.
“The cross-border movement of palm oil has encountered origin-related disagreements among Member States, posing a threat to the sector’s stability and growth potential.
“It is in recognition of these challenges that we have gathered here today, united by a shared commitment to have frank discussions that would strengthen and protect the palm oil sector, ensuring its resilience against external competition.”
The meeting is a platform for conversation with palm oil-producing countries and industry stakeholders to establish measurable metric thresholds based on the production capacity of palm oil, taking into account the economic conditions of ECOWAS Member States.
“We will delve into discussions on palm oil production capacity in the region, analyze import and export data, identify and understand the challenges faced by the sector under the ETLS, and collectively propose lasting solutions to address these challenges,” he said.
ECOWAS Takes Steps to Remove Bottlenecks in Palm Oil Industry in West Africa
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Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara

Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara
By: Zagazola Makama
Troops of Operation FANSAN YANMA (OPFY) have rescued eight kidnapped victims and neutralised one terrorist in separate operations in Zamfara and Sokoto States.
Sources told Zagazola Makama that the troops intercepted terrorists attempting to move kidnapped victims from Barkin Daji Forest to Bagega Forest in Bukkuyum Local Government Area (LGA).
It said the troops laid an ambush at a known crossing point between Tungar Miragumi and Zugu village, where contact was made and the terrorists engaged in a gun duel, forcing them to abandon their captives.
“All eight victims were successfully rescued and efforts are ongoing to reunite them with their families,” said the sources.
Kidnapped victims rescued, terrorists neutralised in Sokoto and Zamfara
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FG’s student loan scheme improving access to higher education -NOA DG

FG’s student loan scheme improving access to higher education -NOA DG
The National Orientation Agency (NOA), on Wednesday, said that the Federal Government’s interest-free loan under the Nigerian Education Loan Fund (NELFUND) is reducing dropout amongst undergraduates in the country.
Mallam Lanre Issa-Onilu, the NOA Director General, stated this in Gombe at a news conference on five thematic areas of the present administration.
The News Agency of Nigeria (NAN) reports that Issa-Onilu spoke through Mr David Akoji, the Director Special Duties, NOA Headquarters, Abuja.
He reiterated the commitment of President Bola Tinubu’s administration to improving access to education at all levels and ensuring that “financial constraints do not prevent young Nigerians from pursuing higher learning.”
Issa-Onilu said NELFUND was established by the Tinubu administration to ensure that no Nigerian who qualified to go for tertiary education was prevented from doing so, as a result of inability to pay school fees.
According to him, funding which used to be the biggest challenge in accessing tertiary education is no longer a threat to undergraduates and students seeking higher education.
The director general said the administration of President Tinubu had disbursed N59 billion to over 600,000 students that have applied for NELFUND Student Loan.
The director general assured that the era of students leaving tertiary institutions without completing their degree as a result of financial constraints was over.
He stated that the initiative showed that the Tinubu-led administration was committed to improving the wellbeing and welfare of Nigerians by empowering young Nigerians with education and skills.
Issa-Onilu urged students in Gombe State who have financial challenges to embrace the initiative to ease the burden, stressing that the loan scheme “is available to all qualified Nigerians who are schooling in public tertiary institutions in Nigeria.”
Speaking on the thematic areas Issa-Onilu said they include; Government Policies, Programmes and Activities, the Nigerian Identity Project and National Symbols, and flood mitigation.
He cited others as National Security Awareness towards achieving improved security consciousness in communities and National Values Re-orientation for Students of Secondary Schools and Tertiary Institutions against sign-out extreme practices.
He also announced plans by the federal government to support 150, 000 youths across Nigeria under the National Youth Investment Fund (NYIF), adding that N110 billion had been dedicated to implement the initiative.
The director general further expressed the commitment of Tinubu’s administration to impacting positively on the wellbeing of all Nigerians especially the poor and vulnerable households.
On government programmes, Issa-Onilu hinted that over 2 million households enrolled into the Social Safety Nets Expansion, had benefitted from the Conditional Cash Transfer.
He said: “Trader Moni and Farmer Moni were introduced through the Government Enterprise and Empowerment Programme (GEEP). These are interest-free loans of up to a maximum of N100,000 for trader moni, while, farmer moni up to N300,000.”
FG’s student loan scheme improving access to higher education -NOA DG
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Security forces neutralise two notorious bandits in Benue clearance operation

Security forces neutralise two notorious bandits in Benue clearance operation
By: Zagazola Makama
Security forced have neutralised two suspected notorious bandits during a clearance operation in Ukum Local Government Area of the state.
Sources told Zagazola that the operation followed credible intelligence received on Tuesday at about 1:00 p.m.
The report indicated that a criminal gang led by one Senen Hemen, also known as Orpa, was sighted along the pipeline axis between Gbeji and Igbongom communities in Ukum.
According to the sources, security forces were promptly mobilised to the location, where the gang engaged the operatives in a gun duel.
During the exchange, Hemen and another gang member identified as Mzungweve Ichur, both from Igbongom, were shot dead, while others fled the scene with gunshot injuries.
The sources confirmed that the corpses of the two suspects had been recovered and deposited at a private mortuary in Gbeji, while a manhunt had been launched in the surrounding bushes to track the fleeing accomplices.
The sources assured residents that the operation was part of ongoing efforts to rid Ukum and adjoining areas of violent criminal gangs.
Security forces neutralise two notorious bandits in Benue clearance operation
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