National News
Ghana, Nigeria to invest in non-oil sector- Envoy
Ghana, Nigeria to invest in non-oil sector- Envoy
By: Michael Mike
The Ghana High Commissioner to Nigeria, Ambassador Rashid Bawa on Thursday revealed plans by his country and Nigeria to partner in area of non-oil sector.
The Envoy stated this at the 2022 Ghana Nigeria Business Council CEO Forum in Abuja.
Bawa said the latest partnership between the two countries would extend to the agricultural sector such as cassava and ginger production.
He said: “This is the first Ghana Business Council Meeting. We are looking at various areas of cooperation. There have been series of meetings in the last few days. We are looking at the non-oil sector; in the area of cassava and ginger production.”
Bawa, while noting that the relationship between Nigeria and Ghana have been for ages, said: “It is difficult to put a finger on the number of Nigerians visiting Ghana for various reasons daily, and vice versa.”
He added that: “However, according to a report published by the US Department of Economic and Social Studies in 2019, there were more Ghanian residents in Nigeria than any other country in the world with 233,002 persons. This was followed by Ghanians living in UK and the US.”
The forum, which is historic according to him, is the first of its kind since the outbreak of the COVID-19 pandemic and the establishment of the African Continental Free Trade Area, AfCFTA.
He said: “The forum aims to encourage the private sector operatives of our two countries to pull resources together to be competitive when trading under AfCFTA,” insisting that: “We have the framework of ECOWAS protocol in the last fourty years to promote this kind of activities,” and then with the coming up of AfCFTA, “Ghana-Nigeria have the biggest economies in West Africa region, it is high time we formalize these engagements in order to take full advantage of the potentials between both countries.”
He said with this forum, there should be many more to come, for “we don’t want it to be a one-time forum. We want to sustain it. As we speak, the Nigeria Investment Promotion Council and Ghana Investment Promotion Council are working out arrangement in ways they will have annual meetings among themselves.
“There will be coordination between Nigeria and Ghana businessmen. We believe that pretty soon, we are going to have certain collaboration that will be beneficial to both countries.”
Meanwhile, Ghanians CEOs have been urged to create platforms for Nigerians to connect with investments opportunities that can generate growth for economies of both Ghana and Nigeria and create a win-win situation for both countries.
The President, Abuja Chambers of Commerce and Industry, ACCI, Dr. Al-Mujtaba Abubakar in his opening remark at the 2022 Ghana Nigeria Business Council CEO Forum in Abuja urged Ghana to take advantage of the population of Nigeria as it presents a large consumer market for investors and traders.
He said: “In 2009, Nigeria net trade with Ghana in the export of metal was $2.1 billion, transportation $1.59 billion, mineral product $232 million.
“In 2019, Ghana had a trade net with Nigeria in the export of footwear and headwear worth almost $105 million, foodstuffs worth $25million and chemical products worth over $11million dollars.
Abubakar who was represented by Dr. Aliyu Idi Hong, a former minister of state for health and later foreign affairs, who is the Vice President Communication, Strategy and External Relations of the ACCI, said the forum underscores the importance of the partnership between the countries over the years, urging that the forum should not just be a one off thing.
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Abubakar commended the effort of ECOWAS and the governments of Nigeria and Ghana towards the quick intervention in resolving the crisis between the Nigerian and Ghanians traders in Ghana.
He said: “I think the intervention will go a long way in making sure that the relationship between the two countries and the vision of the ECOWAS to be quickly integrated.
“So it is highly commendable that the government of these countries have taken initiative towards solving this crisis.”
He however lamented that the forum was coming a little late for if had existed the crisis between Nigerian and Ghanaian businessmen would not have festered. He admitted though that it was rather late than never.
Ghana, Nigeria to invest in non-oil sector- Envo
Four Soldiers Injured in Vehicle Accident on Mambilla Plateau
By: Zagazola Makama
Four Nigerian soldiers have sustained injuries in a vehicle accident on the Mambilla Plateau in Taraba State.
The accident occurred on Thursday while the troops were moving across the mountainous terrain of the area, Zagazola reports.
The Emir of Mambilla, Dr. Shehu Audu Baju, was said to have personally joined in the rescue operation to ensure that the soldiers received prompt assistance.
Following the rescue, the injured personnel were evacuated to the 20 Battalion Barracks in Serti for urgent medical care.
Community members and traditional leaders in the area have expressed sympathy and prayed for the speedy recovery of the soldiers, while also calling for the safety of other security operatives on duty.
Four Soldiers Injured in Vehicle Accident on Mambilla Plateau
UKNIAF, NGF Advance Electricity Reform with Nationwide Workshop Series
By: Michael Mike
The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), in partnership with the Nigerian Governors’ Forum (NGF) have wrapped up a major national initiative to support State-led electricity market reforms.
The State Learning Workshop Series focused on Electricity Market Development, Integrated Resource Planning (IRP) and energy modelling software.
Workshops in Lagos, Calabar, Kano and Jos have been successfully completed, drawing participants from all the 36 States and the FCT and setting a strong precedent for what lies ahead.
These sessions equipped policymakers, regulators and stakeholders with the tools to design robust, sustainable and investor-ready electricity markets at the State level, in line with the provisions of the Electricity Act 2023.
Reflecting on the significance of this initiative, the Director-Legal/Head Power Desk at the Nigerian Governors’ Forum, Mr. Chijioke Chuku,, stated that: “Nigeria’s electricity future depends on the capacity of our States to lead with vision, clarity, and technical precision. Through the workshop series, we are equipping States not just with knowledge, but with the confidence to take charge of their electricity markets. The NGF is proud to partner with UKNIAF in ensuring that the promise of the Electricity Act 2023 becomes a lived reality across the country.”
The sessions in the State Learning Workshops covered: The legal and regulatory pathways for setting up State Electricity Markets; Commercial models for private sector investment; Integration of State plans into Nigeria’s National IRP;
Practical training on the software platform for energy modelling.
The initiative drew from lessons learned in the course of UKNIAF’s work supporting the Akwa Ibom, Enugu, and Oyo State Governments—early movers in electricity market development—in setting up their markets.
It also drew from experience gained in the course of UKNIAF providing technical support to the Federal Ministry of Power in drafting both the National Integrated Electricity Policy and Nigeria’s first National Integrated Resource Plan, both of which were approved very recently.
With States now empowered by the Electricity Act 2023, this series is a timely and strategic effort to ensure capacity, coordination, and sustainability in Nigeria’s decentralised energy landscape.
UKNIAF, NGF Advance Electricity Reform with Nationwide Workshop Series
Three killed, others injured in bandits’ attack on Zamfara community
By: Zagazola Makama
Armed bandits have killed three persons and injured three others in an attack on Galadi town, Shinkafi Local Government Area of Zamfara.
Sources confirmed the incident saying the attack occurred at about 10:50 p.m. on Aug. 27.
The sources said the bandits stormed the town, shooting sporadically, which resulted in the deaths and injuries.
Troops of Operation FANSAN YANMA were mobilised to the scene. The corpses and injured victims were evacuated to Galadi Primary Health Care Centre for autopsy and treatment.
Meanwhile, a manhunt for the fleeing culprits has been intensified, as the bandits escaped before the arrival of the joint forces,” the sources said.
Three killed, others injured in bandits’ attack on Zamfara community
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