International
Nigeria, Netherlands To Establish Bi-National Commission To Boost Trade, Investment
Nigeria, Netherlands To Establish Bi-National Commission To Boost Trade, Investment
By: Michael Mike
Nigeria and the Kingdom of Netherlands are in talks over establishing a Joint Bi-National Commission to boost existing trade and investment ties between both countries.
This latest action is coming on the heels of President Bola Tinubu open invitation to countries that may be interested in doing business with Nigeria.
Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Adamu Lamuwa, made the interest known on Wednesday while welcoming a delegation from Netherlands which was in Abuja for the Nigeria- Netherlands Economic Consultation meeting that aims at strengthening bilateral ties in various sectors of the economy.
Lamuwa, who was represented by the Director Economic, Trade and Investment Department in the Ministry, Bolaji Akinremi, at the meeting said the Joint Commission has become necessary following the remarkable economic cooperation between both countries.
He said that the volume of trade between both countries is very significant as several Dutch Companies have their operational base in Nigeria.
According to him, some of the Dutch Companies include; the Royal Dutch Shell Petroleum, Friesland Campina, Heineken, Pladis, DAF Trucks, P Phillips, TNT, KLM, Royal Haskoning, Primstar, VliscO, Unilever, Fugro, VanVliet, APM Terrmincl and Bosman van Zaal.
Lamuwa said: “iIn spite of our longstanding bilateral relations with the Netherlands there is no Joint/Bi-National Commission Agreement between the two countries. Negotiation for the establishment of a Joint Commission has been inconclusive since 1987.
“Against this background, the Government of Nigeria would like to reopen the negotiation for the establishment of a Joint/Bi-National Commission Agreement, as this would further consolidate and boost the relations between the two countries.”
He added that the Nigeria- Netherlands Economic Consultation is a demonstration of the commitment of the Governments of Nigeria and the Kingdom of the Netherlands in fostering the bilateral relations between the two friendly countries.
He said: “The present administration of President Bola Ahmed Tinubu, has set a vision of building a thriving and sustainable economy that will generate wealth, create employment, boost Foreign Direct Investments (FDIs) and diversify the Nigerian economy. In this regard, the Government of Nigeria is open to exploring other areas of economic cooperation with the Kingdom of the Netherlands.”
He further added that Nigeria is willing to explore areas of economic cooperation with the Netherlands in agricultural value chain, secular economy, renewable energy, waterways management and water security, oil and gas, special economic zones.
The Vice-Minister for Foreign Trade of the Kingdom of the Netherlands, who led the Dutch Delegation to meeting, Ms. Hanneke Schuiling, in her remark, said the consultation was apt as it opens opportunity to modernize the Bilateral Investment Treaty between both countries, adding that a reformed treaty will help to further strengthen investment relations.
“Our economies are strongly connected through a multitude of trade and investment relations. These relations are strong and often go back many years. Several Dutch companies are a household name in Nigeria and are a source of employment and income together with their Nigerian partners. The strength of our economic relations is also clear when we look at our trade statistics; the Netherlands continues to be one of Nigeria’s five most important trading partners.”
She added that both countries see a high potential in four areas in particular: –agriculture, IT, healthcare and renewable energy, stressing that the Dutch private sector can add value for the mutual benefit of Nigeria and the Netherlands.
She said: “I am pleased that we are now starting the renegotiation of the existing bilateral investment treaty as a means to further strengthen mutual economic interest and opportunities. As you may be aware, the current treaty was signed in 1992. Since then, both countries have experienced significant changes in their approach to international investments which can be adopted into a new treaty.
“It is important to modernize our treaty to reflect these changes. A modernized treaty can also foster stronger economic relations between our two nations.”
The Consultation meeting had many Federal Government Agencies and Parastatals in attendance. They Include: the National Office For Technology Acquisition and Promotion (NOTAP), The National Agency For Science and Engineering Infrastructure (NASENI), Raw Materials Research and Development Council, Nigerian Data Protection Bureau (NDPB) among others.
Nigeria, Netherlands To Establish Bi-National Commission To Boost Trade, Investment
India-bound Siblings Arrested with Cocaine at Lagos Airport
By: Michael Mike
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested two siblings at the Murtala Muhammed International Airport, Lagos during a planned travel to India with 5 kilogrammes of cocaine.
The spokesman of the anti-narcotics agency, Femi Babafemi in a statement on Sunday said: “Operatives of a Special Operations Unit of the National Drug Law Enforcement Agency, NDLEA, have arrested two brothers: John Abugu, 43, and Kenneth Abugu, 31, at the Murtala Muhammed International Airport, MMIA Ikeja, Lagos with 5 kilogrammes cocaine concealed in walls of their suitcases while attempting to board a flight to India.”
He said the two brothers were arrested at the Lagos airport last Thursday following proactive processing of credible intelligence. He said they claimed they were travelling to India for medical treatment but when their suitcases were thoroughly searched by NDLEA officers, whitish powdery substances later confirmed to be cocaine were discovered on the walls of their bags.
Babafemi said in a similar development, NDLEA officers of the MMIA Strategic Command same day, Thursday intercepted a 20-year-old Ghanaian – British man, Parker Osei with 36 parcels of Loud, a strong strain of cannabis weighing 19.4 kilogrammes packed in a giant travelling bag. The suspect who claims he is a student of Computer Science at East London University, UK, was arrested during the inward clearance of passengers on an Ethiopian Airlines flight from Bangkok, Thailand, at the E-arrival hall of the Lagos airport.
In his statement, the techie claims he lives with his parents in the UK but left London about a week ago for Bangkok where he picked up the illicit drug consignment to deliver in Nigeria.
NDLEA operatives in Kogi state have arrested a 33-year-old woman, Ngozi Ogili while moving 3 kilogrammes of methamphetamine from Lagos to Abuja. She was nabbed in a commercial transport bus along Okene-Lokoja highway last Monday. Babafemi said a follow up operation at her point of delivery in Apo mechanic area of Abuja led to the seizure of quantities of Loud and Colorado, both synthetic strains of cannabis.
In Abia state, NDLEA officers on Saturday arrested a 75-year-old grandpa, Nnanna Felix with 1.6 kilogrammes skunk, a strain of cannabis during a raid at Umunteke Asa, Ukwa West local government area, while another suspect David Chinemerem, 21, was nabbed with 2,050 ampoules of pentazocine at 7 Nnajiego Lane, Umuode road, Aba last Tuesday.
No fewer than 381 bottles of codeine syrup and 108 tablets of tramadol were seized from a suspect, Abdullahi Adamu along Potiskum-Damaturu road, Yobe state by NDLEA operatives on Saturday, just as raid operations at Osogbo motor park, Onitsha and a house at Oba in Idemili Local Government Area of Anambra state led to the arrest of Obinna Sunday and the seizure of 195,000 pills of tramadol. Also arrested during the raid at the motor park was Ugochukwu Ojalanonye with 4.2 kilogrammes codeine syrup and 5.4kg pentazocine.
In the Federal Capital Territory, FCT, NDLEA operatives last Thursday arrested 51-year-old Sunday Ayogu with 25 kilogrammes skunk and 90.4 grammes of methamphetamine during a raid operation at Wuse market Abuja, while two women: Faith Etim, 64, and Victoria Etim, 40, were nabbed lasr Friday when NDLEA operatives supported by men of the Nigerian Army raided cannabis plantations in Esuk-Odot community, Odukpani local government area of Cross River State where 250,000 kilogrammes of the psychoactive plant were destroyed on over 100 hectares of farm land.
Babafemi said with the same vigour, commands and formations of the agency across the country continued their War Against Drug Abuse (WADA) sensitization activities to schools, worship centres, work places and communities among others in the past week.
Meanwhile, while commending the officers and men of MMIA, SOU, Yobe, Abia, Kogi, Anambra, Cross River and FCT commands of the agency for the arrests and seizures, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Buba Marwa (Rtd) stated that their operational successes and those of their compatriots across the country especially their balanced approach to drug supply reduction and drug demand reduction efforts are well appreciated.
India-bound Siblings Arrested with Cocaine at Lagos Airport
UK Expresses Commitment to Restoration of Peace in Northeast
By: Michael Mike
The United Kingdom has expressed its commitment to the restoration of peace, stability and sustainable solutions to the troubled Northeast region which has been bedeviled by insurgency.
The British Deputy High Commissioner, Gill Atkinson made the commitment on Monday when she paid a courtesy call on Borno State Governor Babagana Zulum in Maiduguri.
Atkinson who commended Zulum for his commitment to fighting insurgency in Borno, said: “On behalf of the British Government, I recognise the effort of His Excellency, the Governor, in tackling insurgency and supporting the people of Borno State, particularly aiming to secure a prosperous future for the people displaced by insurgency.
“I want to reaffirm the UK’s commitment to supporting peace, stability and sustainable solutions, particularly through the ongoing regional stabilisation facility.”
Responding, the Secretary to Borno State Government who received the Deputy High Commissioner on behalf of Governor Zulum, expressed appreciation to the UK Government for their partnership and support.
He said,: “With the UK Government to start with, we have quite a number of very strong partnerships. His Excellency appreciates it, and he specifically instructed me to convey the special message of appreciation.”
The meeting was attended by the Commissioner for Environment, Engr Emet Kois, Education, Engr Lawan Abba Wakilbe, Work and Housing, Engr Mustapha Gubio, Transport and Energy, Aliyu Mohammed Bamanga and Inter-Governmental and Special Duties, Tukur Shani.
Others in attendance include Special Adviser on Security to the Governor, Abdullahi Ishaq, the Senior Technical Assistant, Political, to the Governor, Alhaji Tahiru Shettima, Permanent Secretary of political and cabinet, Danjuma Ali, and the Executive Secretary of Borno State Agency for Coordination of Sustainable Development and Humanitarian Response (BOACSDHR), Babakura Mamman Gadai.
UK Expresses Commitment to Restoration of Peace in Northeast
Troops Foil Bandit Attack in Dabai Town, Kebbi
By: Zagazola Makama
A swift response by the Nigerian troops in Kebbi has foiled a bandit attack on Dabai Town, forcing the assailants to flee after a gun battle with security operatives.
Intelligence sources told Zagazola Makama that the attack occurred around 2 a.m. when suspected bandits attempted to invade the town.
“Security forces were immediately dispatched to intercept the assailants and engaged them in a fierce exchange of gunfire,” the source said. “Overwhelmed by superior firepower, the bandits abandoned their mission and escaped.”
While no casualties were reported, security operatives have intensified patrols in the area to prevent further attacks.
Troops Foil Bandit Attack in Dabai Town, Kebbi
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