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Nigeria, Rwanda Sign MOU to Strengthen Economic Partnership

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Nigeria, Rwanda Sign MOU to Strengthen Economic Partnership

By: Michael Mike

Rwanda and Nigeria have strengthened their economic partnership with the signing of a Memorandum of Understanding (MoU) at the Lagos International Trade Fair between the Lagos Chamber of Commerce and Industry (LCCI) and the Private Sector Federation (PSF) Rwanda.

The signing ceremony took place on the sidelines of the 2024 Lagos International Trade Fair, further underscoring the commitment to enhancing trade and investment ties between the two nations.

The MoU was signed between the LCCI and the PSF, represented by their respective leaders: Mr. Gabriel Idahosa, President of the LCCI, and Mr. Kanamugire Callixte, Deputy CEO of the PSF Rwanda.

This strategic partnership between the LCCI and PSF Rwanda, according to a statement by the Hugh Commission of Rwanda on Thursday, aims to foster collaboration and create new avenues for businesses in both countries. The MoU provides a comprehensive framework for cooperation in key areas such as trade facilitation, investment promotion, information sharing, capacity building, and joint events organization.

High Commissioner of Rwanda to Nigeria, Ambassador Christophe Bazivamo, said:
“This MOU is a testament to our shared vision—a vision of a vibrant and interconnected African business landscape where Rwanda and Nigeria stand as beacons of economic collaboration and mutual growth”. “The Rwandan government is fully committed to supporting this endeavor. We have implemented policies to streamline business procedures, enhance infrastructure, and promote a conducive investment climate.”

The LCCI representative outlined the objectives of the partnership, including enhancing business relationships, exploring investment opportunities, and sharing best practices between Nigerian and Rwandan businesses. Specific sectors identified for collaboration include agriculture (with a particular interest in Rwandan coffee and tea production), energy, manufacturing, technology, and creative industries.

Both parties discussed future plans, including organising trade missions, business-to-business meetings, and participating in each other’s international trade fairs. They agreed to start activities as soon as possible, with plans for virtual meetings and potential visits in the first half of the following year.

Under this MoU, the LCCI and PSF Rwanda will work together to: Facilitate Trade by streamlining trade procedures, reduce barriers, and promote the exchange of goods and services between Nigeria and Rwanda; Promote Investment by identifying and promoting investment opportunities in both countries, organize trade missions, and facilitate business partnerships; Share Information by exchanging information on market trends, trade regulations, and investment incentives to support business decision-making; Build Capacity by organising joint workshops, training programmes, and knowledge-sharing initiatives to enhance the competitiveness of businesses in both countries; and Host Events by collaborating on organising trade fairs, exhibitions, and business forums to foster networking and facilitate partnerships.
 
According to the statement: This partnership is expected to generate significant benefits for businesses in Rwanda and Nigeria, including: Increased Trade as the MoU will facilitate greater trade flows between the two countries, opening up new markets and expanding business opportunities; Investment Growth as the collaboration will attract investment in key sectors, contributing to economic growth and job creation; Enhanced Competitiveness as businesses will benefit from knowledge sharing and capacity building initiatives, improving their competitiveness in regional and global markets; Stronger Networks as the MoU will foster stronger business networks and partnerships, facilitating collaboration and innovation.

The Rwanda High Commission said it encourages businesses in both countries to explore the opportunities created by this partnership.

Nigeria, Rwanda Sign MOU to Strengthen Economic Partnership

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NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

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NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

By: Zagazola Makama

The Nigerian Air Force (NAF) troops of Operation FANSAN YANMA have successfully neutralized scores of bandits in Tsafe Local Government Area (LGA) of Zamfara State, Zagazola report.

Intelligence sources told Zagazola Makama that the successful operation was as a result of a coordinated intelligence which revealed that a large number of bandits suspected to be relatives of notorious bandit leader Ado Aleiro, along with other unidentified individuals, left Zamfara State/Tsafe LGA to rustle cattle from nearby communities.

The sources said that the bandits succeeded in stealing several livestock and were attempting to escape when they encountered resistance from local the security forces.

The troops tracked the rustlers and waited until they reached a mountainous area before surrounding them. Upon confirming their location, they alerted the Nigerian Air Force, which swiftly deployed air assets to engage the fleeing bandits.

Eyewitnesses confirmed that several bandits were eliminated in the operation, though he said that the exact number is yet to be determined. The second sources said that at least 23 bandits were killed as well as several others injured

The sources said that the troops also recovered a large number of rustled cattle.

This operation is part of ongoing efforts by the military to dismantle terrorist strongholds and curb cattle rustling, a key source of funding for bandit groups operating in Zamfara and neighboring states.

NAF Airstrikes killed Scores of Bandits, as troops recover large numbers of rustled cows in Zamfara

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FG unveils 39 inmate transport vehicles, armoured booths for prison security

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FG unveils 39 inmate transport vehicles, armoured booths for prison security

By: Our Reporter

Olubunmi Tunji-Ojo, the minister of interior, has inaugurated 39 mini-green Maria vehicles to ensure the safe transportation of inmates to courts during trials.

In a statement on X, the ministry said the commissioning took place at the headquarters of the Nigerian Correctional Service (NCoS).

The minister also unveiled four armoured security guard booths to protect correctional facilities from external aggression by non-state actors.

“The Hon. Minister of Interior, Dr. Olubunmi Tunji-Ojo, today inaugurated four armored security guard booths at the Nigerian Correctional Service headquarters to enhance the defense of correctional facilities against external threats,” the statement reads.

“He also unveiled 39 mini-green Maria vehicles designed to ensure the secure transportation of inmates to court during trials. These efforts reflect President Bola Ahmed Tinubu’s dedication to the safety and welfare of officers and inmates.

FG unveils 39 inmate transport vehicles, armoured booths for prison security

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Damaturu Flyover: The Making of A Befitting State Capital

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Damaturu Flyover: The Making of A Befitting State Capital

By: Mamman Mohammed

Since the news about the signing of the Damaturu fly over contract filtered the air, it attracted accolades in many quarters and of course, reservations in some quarters. This is very normal and usual with every human endeavour.

It is pertinent to note that His Excellency the Executive Governor of Yobe State, Hon. Mai Mala Buni CON, COMN, while presenting the 2025 budget to the state House of Assembly, emphatically said “The widespread of road projects is intended to give a facelift and accessibility to our communities. Government is committed to the completion of the seventeen ongoing road projects, and to embark on eleven new ones. The completion of the township roads and drainages in five Local Government Areas is very dear to the government. I am also pleased to inform you that work would soon commence for the construction of the Damaturu flyover. We would also commence work on the Damaturu Green Economic City”.

Similarly, the budget allocated funds to other sectors to run simultaneously to improve the lives of the people without obstructing the execution of other projects and programmes in other sectors.

Importantly, the budget went through open process of careful and critical scrutiny, with Civil Society Organizations, individuals and groups in attendance.

Throughout the public sitting, none of the interest groups and individuals identified any project including the Damaturu flyover road as a misplacement of priority that would be at the expense of another, and as they may say, it is robbing Peter to pay Paul.

There is no doubt that the Damaturu flyover project will not only check the numerous congestion and accidents in the metropolis but, also beautify Damaturu, from a glorified local government headquarters to a beffiting state capital that is comparable to its peers, and a pride of every Yobean.

This takes us to the Muhammadu Buhari lnternational Cargo Airport as a reference point. When Gov. Buni took over the leadership of the state in 2019, there was an argument for and against the completion of the airport.

Many people described it as a wasteful project while others urged the new administration to ensure its completion. And when Gov. Buni finally announced the completion of the airport which was still at skeletal stage, it put such arguments to halt.

Gov. Buni’s argument was that, abandoning the project at that level would be a monumental loss to the state that would only attract untold inflation whenever any administration decides to complete the airport. Thanks to the wise decision, and the deep futuristic thinking by Governor Buni.

Today, the argument over the completion of the airport is now history. It is
completed and commissioned. It remains
one of the iconic legacy projects, with a very prosperous future to the state.

Already, some international investors have indicated interest in direct and indirect investments in the state. The Qatari business community and most recently, the Moroccan Investment, lmport and Export Development Agency, said the airport is a window to a fruitful economic partnership that would generate employment and wealth creation.

The same criticisms greeted the Kano, Maiduguri, Yola, Kaduna and Jalingo flyovers.

Surprisingly, some characters who lauded the flyovers elsewhere have suddenly changed their positions with the Damaturu flyover.

As a known fact, there may be no single government project or programme that would generate100% support from the public, as everyone may have his opinion for or against such project.

We should always see such projects positively and support government in its development strides to make Damaturu a state capital that is in tune with the changing times.

Damaturu Flyover: The Making of A Befitting State Capital


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