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Envoy Asks ECOWAS to Address Economic Challenges with Equal Vigor As Political Upheavals

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Envoy Asks ECOWAS to Address Economic Challenges with Equal Vigor As Political Upheavals

By: Michael Mike

Nigeria Ambassador to Guinea Bissau and Cape Verde, John Usanga has called on the Economic Community of West African States (ECOWAS) to address the economic challenges facing the region with equal vigor expended on addressing political upheavals.

The envoy said the only way to take the region out of the economic woods is when continuous, concentrated attentions are given to improving the economy of West Africa, insisting that this was necessary if the the sub-region is to to benefit from its huge resources.

Usanga gave this advice while appearing on NTA Diplomatic programme via zoom.

READ ALSO: https://newsng.ng/reuters-mercenary-journalism-and-nigerian-military/

He also said that the recent agreement signed between the leaders of Guinea Bissau and Nigeria is already yielding fruit, while pointing out that Guinea Bissau has become a beautiful investment bride in the subregion that needed to be courted.

He however regretted that the economic ties between Guinea Bissau and Nigeria is at a low ebb.

The envoy stressed that 96 percent of Nigerians doing business in Guinea Bissau are in the informal sector, mostly people trading in articles, spare parts and textile materials.

He said: “My drive is anchored on the fact that within the ECOWAS region itself, it is very easy to mobilise for the defence of democracy and stability through mobilisation of military forces and if we could easily do that we could also duplicate that on the economic front.”

“It is time to begin to jointly direct attention to the economy while we also work to maintain public stability. our action plan is a direct interface of entrepreneurs from both the public and private sectors forging a common goal,” he added.

He however said on his part, he has commenced move to change the narratives of the economic ties between the two countries by vigorously pursuing a much more meaningful and mutually beneficial economic relations.

Envoy Asks ECOWAS to Address Economic Challenges with Equal Vigor As Political Upheavals

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Investments in circular economy have the potential to increase forex earnings- NESREA DG

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Investments in circular economy have the potential to increase forex earnings- NESREA DG

By: Michael Mike

The Director General of National Environmental Standards and Regulations Enforcement Agency (NESREA), Prof. Innocent Barikor has affirmed that investments in the circular economy value chain have the potential to increase the country’s foreign exchange earnings.

Barikor made this statement recently during a meeting with the management of a plastic packaging recycling (rPET) company, Sonnex in Lagos.

He assured the team that the Nigerian government prioritizes circular economy, noting that the draft National Environmental (Plastic Waste Control) Regulations soon to be gazetted is one of the efforts to strengthen the legal framework for circular economy implementation in Nigeria.

He said: “Circular Economy falls under the Presidential priorities for the Federal Ministry of Environment, and the Minister is very keen on the success. Apart from tackling the problem of waste, green jobs have been created .

“The pellets and flakes you produce and export also generate foreign exchange. The Plastic Waste Control Regulations are awaiting official gazette and once gazetted, we would have connected the dots of the framework to implement circular economy in the plastic sector. We are deeply committed to ensuring the success of Circular Economy.”

Earlier, the Managing Director, Anil Mohinani intimated the NESREA boss on the process for the production of recycled PET bottles (rPET), whilst also highlighting the challenges faced by investors in the sector .

He listed some of the setbacks to include lack of a legal instrument to compel manufacturers in the food and beverage sector to embrace food-grade rPET, unfriendly policies by some foreign companies, and insufficient awareness .

“Europe and America create barriers to protect their international recycling business. There is unfair competition. In some countries such as Kenya, there is encouragement to invest in rPET recycling because there is a regulation in place,” he added.

Investments in circular economy have the potential to increase forex earnings- NESREA DG

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ISWAP Terrorists Kill Hunters’ Leader in Borno

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ISWAP Terrorists Kill Hunters’ Leader in Borno

By: Zagazola Makama

Suspected ISWAP terrorists have killed the chairman of the hunters’ group in Garjang village, Damboa Local Government Area of Borno State.

Sources told Zagazola Makama that the incident occurred at about 5 a.m. on Sunday.

The victim, identified as Habu Dala, 53, was abducted from his home by the terrorists, who took him through Mulharam to Forfot villages in Damboa LGA.

Villagers mobilised in search of Dala and later found his corpse bearing gunshot wounds.

Troops of Operation HADIN KAI, members of the Civilian Joint Task Force (CJTF), and the hunters’ group visited the scene.

The remains were evacuated to the General Hospital, Damboa, where he was certified dead and later released to his family for burial in accordance with Islamic rites.

ISWAP Terrorists Kill Hunters’ Leader in Borno

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Nine Injured in Kwali Farmers–Herders Clash

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Nine Injured in Kwali Farmers–Herders Clash

By: Zagazola Makama

Nine persons sustained machete injuries in a clash between Bassa farmers and Fulani herders in Gomoni Village, Kwali Area Council of the FCT.

Sources told Zagazola Makama that the fight, which broke out on Aug. 9 at about 3:30 p.m., followed alleged destruction of melon and maize farms belonging to the Bassa community by cattle.

It was gathered that the Nigeria army troops
along with joint team of operatives, and vigilantes were deployed to the scene following a distress call.

Six Bassa and three Fulani victims with varying degrees of machete cuts were taken to Rhema Foundation Hospital, Kwali, for treatment.

Authorities confirmed that the situation had been brought under control and normalcy restored, while investigation was ongoing.

Nine Injured in Kwali Farmers–Herders Clash

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