News
Nigeria export to Angola hits $16.8m between 2020-2022
Nigeria export to Angola hits $16.8m between 2020-2022
By: Michael Mike
The Secretary of State for International cooperation and Angola communities, Domingos Lopes has said Nigeria’s export to Angola between 2020 and 2022 hit $16.8million.
Lopes made the disclosure at the first Angola-Nigeria business Interactive Forum in Abuja.
The Secretary, who represented the Minister of External Relations, His Excellency Téte Antonio said the ties between both countries were marked by signing of the first economic, technical —scientific and cultural cooperation agreement in 1976, adding that exchange between the two has been remarkable in the diplomatic, defence and security, petroleum, education, culture and transportation.
He said: “In the last three years (between 2020 and 2022), Angola exportation of goods to Nigeria was estimated at USD 5.6 million and its importation stood at USD 16.8million, corresponding to a negative trade balance of about USD
11.2million.”
He revealed that Angola exported crude oil weighing about 42% to Nigeria, optics and precision accounting for 20%, mechanical machines and devices with their own function, accounting for 14% of the total volume of exports.
He said in the area of importation of acquired product group were machine and apparatus, CKD, plastics, rubbers and other transport materials. These groups in their total represent more than half of the total exportation during the period (41%,19% and 15% respectively).
Lopes also noted that Angola counts on the support of Nigeria during its economic reform, but lamented that: “The present international system is facing various challenges.
“Angola being part of the system is witnessing a special moment marked by structural reforms that aim to transform its macroeconomic situation.
“To achieve this objective, the Angolan government intend to count on the support of friendly countries who are always on its side, and one of these is indisputably, Nigeria.”
Also speaking at the event, the Minister of Information and National Orientation, Mohammed Idris said the administration of President Bola Tinubu will continue to strengthen both mutual ties, through a deliberate pursuit of productive bilateral relations.
He said: “President Bola Tinubu is desirous to deepen the relationship between Nigeria and other African countries, including Angola.
“Among other things, we are working on signing a Memorandum of Understanding on Public Communication and Media Exchange with the Embassy of Angola in Nigeria, as part of efforts to deepen our relationship.
“Nigeria is very much keen to support Angola’s domestic and foreign aspirations and the country’s overall development, and we expect reciprocity in this regard.”
The Angola Ambassador Designate to Nigeria, Amb. Jose Zau said the forum will help strengthen the economic ties between Nigeria and Angola.
Nigeria export to Angola hits $16.8m between 2020-2022
Troops Rescue Kidnap Victim in Edo During Search Operation
By: Zagazola Makama
Troops of Operation MESA, in collaboration with the Nigeria Police, local vigilantes and hunters, have rescued a kidnapped civilian in Esan North-East Local Government Area of Edo State.
Security sources said the troops, deployed at Forward Operating Base (FOB) Udomi, responded to credible intelligence at about 9:00 a.m. on April 21 regarding the abduction of a civilian in the Amendokhian general area.
The troops immediately launched a search-and-rescue operation and successfully secured the release of the victim.
The victim has since been reunited with family members, while efforts are ongoing to track down and apprehend the perpetrators.
Troops Rescue Kidnap Victim in Edo During Search Operation
Troops Rescue Kidnap Victim in Benue
By: Zagazola Makama
Troops of Sector 1, Operation WHIRL STROKE (OPWS), have rescued a kidnapped victim following a swift response to a suspected terrorist attack in Katsina-Ala Local Government Area of Benue State.
Security sources disclosed that the troops, deployed at Abaji, acted on a report at about 1:45 p.m. on April 21 regarding an attack at Tumataa community.
On arrival, the troops engaged the suspected terrorists in a gun duel, forcing them to abandon the victim and flee the scene.
The victim was successfully rescued and has since been reunited with family members.
The sources added that troops are sustaining operations in the area to track down the fleeing suspects and prevent further attacks.
Troops Rescue Kidnap Victim in Benue
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
By: Zagazola Makama
Troops have arrested two suspected illegal arms manufacturers during a raid on a criminal hideout in Langtang North Local Government Area of Plateau State.
Security sources disclosed that the operation was carried out at about 5:00 p.m. on April 22 at Gwandanu Village, following credible intelligence on illicit arms production in the area.
According to the sources, the suspects were apprehended while actively engaged in the fabrication of weapons.
Items recovered during the operation include two AK-47 rifles, one G3 rifle, two generating sets, a welding machine, a drilling machine, a hand filer and a toolbox, among other items.
The suspects are currently in military custody pending further investigation.
The sources added that troops have intensified efforts to mop up illegally fabricated arms in the general area as part of ongoing operations to curb criminal activities and enhance security in the state.
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
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Troops Rescue Kidnap Victim in Edo During Search Operation
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