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Nigeria export to Angola hits $16.8m between 2020-2022

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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

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Navy supports Adamawa community with classrooms, toilets

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Navy supports Adamawa community with classrooms, toilets

Vice Adm. Idi Abbas, the Chief of Naval Staff on Thursday inaugurated six blocks of renovated classrooms and newly constructed toilets at Central Primary School, Mayo-Belwa Local Government, Adamawa State.

Abbas, who was represented by the Rear Admiral Raheem Taofeek, said the project was a special intervention scheme and cooperate social responsibility of the Nigeria Navy to give back to the community.

According to him, the project is being executed by the Rear Adm. Abdulhamid Baba-Inna, the Navy Secretary in his hometown in line with the vision of President Bola Tinubu.

He encouraged the beneficiaries to use the facilities responsibly for maximum benefit.

In his remarks, Baba-Inna, said the project was to improve the learning environment to be conducive for the pupils and teachers.

“Ladies and Gentlemen, this project aligns squarely with the Nigeria Navy’s Civil-Military Cooperation and Relations framework.

“We recognise that our effectiveness is not measured solely by operational successes at sea or on the battlefield but also by the strength of our relationship with the people we serve.

“Projects such as this are deliberate efforts to build trust, foster goodwill and strengthen the bond between the military and civil society”, he said.

According to him, the classes and offices were provided with tables and chairs as well as the solar power light to enhance safety and security in the school.

Baba-Inna urged the pupils and teachers to take ownership of the project for maximum benefit.

In his remarks, Mr Adiyal Kurdah, Member I, Adamawa State Universal Basic Education Board (ADSUBEB), expressed gratitude to the Nigeria Navy for such a project.

He said the project would significantly improve enrollment, retention and quality education in the area.

Alhaji Ardo Bamanga, District Head of Mayo-Belwa, described the project as a good legacy that would help to shape the character of children to be responsible citizens in future.

The event featured presentation of learning materials to pupils, tree planting, cultural displays and awards presentations.

Navy supports Adamawa community with classrooms, toilets

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Troops repel attack by gunmen in Plateau – Army

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Troops repel attack by gunmen in Plateau – Army

By: Zagazola Makama

Troops of Sector 6, Operation Enduring peace, have repelled an attack by unidentified gunmen in Riyom Local Government Area of Plateau State.

Sources said the incident occurred at about 8:00 p.m. on May 5 at Rim general area.

According to the source, troops deployed at the location came under sporadic gunfire from unknown assailants.

He said the troops swiftly responded and engaged the attackers, forcing them to withdraw from the area.

“Troops successfully repelled the attack, and the criminals fled,” the source said.

The source added that follow-up patrols had been intensified to track the fleeing attackers and prevent further security breaches in the area.

Troops repel attack by gunmen in Plateau – Army

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Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up

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Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up

By: Michael Mike

Borno State Governor, Professor Babagana Zulum, met with the management of the Nigerian Ports Authority (NPA) in Lagos on Tuesday during which he discussed opportunities for his state’s local creators to link into the value chain.

Zulum’s administration, since 2019, has pushed to diversify Borno’s economy while also creating a conducive environment for business and investment.

The governor, who was received by the Managing Director/Chief Executive Officer of the NPA, Dr Abubakar Dantsoho, alongside Executive Director, Engr. Ibrahim Abba Umar, had paid a similar high-level visit to the Nigerian Shippers’ Council (NSC) last year.

At the NSC meeting, Zulum had pushed for the fast-tracking of the Maiduguri Dry Inland Port; a landmark project designed to bring port services closer to the northeast. 

Once operational, the dry port will create thousands of jobs, generate significant internal revenue and boost Borno’s overall economic activity by reducing logistics costs and decongesting coastal ports.

In a related development, Zulum’s administration is also working to fully establish the African Continental Free Trade Area (AfCFTA) in Banki, a border town neighbouring the Republic of Cameroon, with the process already at an advanced stage.

By simultaneously advancing the Dry Inland Port in Maiduguri and the Free Trade Zone in Banki, Zulum is putting in place a coherent strategy to industrialise Borno, create jobs, generate revenue and permanently shift the state’s economy away from over-reliance on monthly federal allocations.

Zulum meets NPA’s mgt in Lagos, wants Borno’s export capabilities scaled up

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