News
UK Introduces New Trading Rules for Developing Countries
UK Introduces New Trading Rules for Developing Countries
By Michael Mike
The United Kingdom (UK) said it has radically simplified trading rules and cut tariffs on products from developing countries, saving businesses and consumers millions of pounds a year.
A statement on signed by the
Senior Press & Public Affairs Officer | Comms Lead, Prosperity and Economic Development, Ndidiamaka Eze said the
UK’s new post-Brexit Developing Countries Trading Scheme (DCTS) scheme has entered into force on Monday and that it covers 65 countries, including Nigeria.
The statement said the scheme removes or reduces tariffs and simplifies trading rules so that more products qualify for the scheme, making it more generous than the EU scheme the UK was previously a member of.
Eze, in the statement, said: “The scheme will benefit developing countries looking to diversify and increase exports, driving their prosperity and creating jobs. Over time, were developing countries to increase trade with the UK under the scheme, businesses could save millions more on import costs.
“In Nigeria, over 99% of goods exported from the country will automatically be eligible for duty-free access to the UK. Nigeria will receive enhanced preferential
access for almost 3,000 products. E.g. 4.5% removed on cocoa paste, 26.5% removed on fruit juices, & 14% removed on prepared tomatoes.”
Eze disclosed that the UK’s Minister for International Trade Nigel Huddleston launched the scheme while on a visit to Ethiopia’s largest industrial business park, Bole Lemi.
Speaking at the park, Minister Huddleston, was quoted to have said:
“This DCTS scheme is a brilliant example of the UK taking advantage of its status as an independent trading nation and I am excited to see it implemented
today.
“It will create opportunities for businesses around the world, supporting livelihoods, creating jobs and diversifying local and international supply chains. It will also benefit UK businesses and consumers by lowering import costs on a whole range of products.”
The Foreign, Commonwealth and Development Office’s Minister for Development and Africa, Andrew Mitchell, was also quoted to have said that: “The UK’s new trading scheme for 65 developing countries, DCTS, shows how we can use trade to deliver development.
“It will benefit traders around the world, including women-owned businesses, which we are supporting through the UK Trade Partnership programme.”
The scheme is to benefit businesses all over the world and British companies that trade with these countries in everyday products such as bicycles and camping
gear.
Speaking on the launch, UK Deputy British High Commissioner in Lagos, Ben Llewellyn-Jones said:“Nigeria is one of the UK’s most important partners in Africa and the UK Government is committed to working with Nigerian businesses and exporters to boost trade between our two great nations. The UK’s Developing Countries Trading Scheme harnesses the power of trade to help Nigeria and other emerging economies grow and prosper.
“One major benefit of this new UK trading scheme is that it abolishes tariffs on over 3000 everyday products that Nigeria currently exports including cocoa, cotton, plantain, flowers, fertilizers, tomatoes, frozen shrimps and sesame. The overarching aim of the new scheme is to grow trade with developing countries, boosting the economy and supporting jobs in those countries, as well as in ours.”
UK Introduces New Trading Rules for Developing Countries
Military
Mutiny: Presidential Guard Tightens Security Around Niger Presidency Amid Reports of Military Protest
Mutiny: Presidential Guard Tightens Security Around Niger Presidency Amid Reports of Military Protest
By Zagazola Makama
Security was significantly reinforced around Niger’s Presidential Palace in Niamey following reports of unrest involving elements of the country’s armed forces, security sources told Zagazola Makama.
According to multiple security sources, the heightened deployment of the Presidential Guard, supported by armoured vehicles around the Presidential Palace on the night of July 3 and into July 4, followed what was described as a limited protest by personnel of an armoured unit within the Niger Armed Forces (FAN).
The sources said some soldiers reportedly declined deployment to frontline positions in northern Tillabéri Region, particularly around Inatès and Chinagodrar, citing inadequate heavy equipment and insufficient operational resources to confront the growing security threats in the area.
The protest was described by one source as a “small mutiny,” although there has been no official confirmation from the Nigerien authorities.
Security sources said the development triggered concern within the country’s leadership, prompting the reinforcement of security around the Presidential Palace and temporary restrictions on movement in the surrounding area as a precautionary measure.
The Tillabéri Region remains one of Niger’s most volatile security zones, with recurrent attacks by armed extremist groups, including factions linked to the so-called Islamic State in the Greater Sahara (ISGS).
As of the time of filing this report, the Nigerien government and military authorities had not issued any official statement regarding the reported protest or the increased security presence around the Presidency.
The situation remains under close observation.
Mutiny: Presidential Guard Tightens Security Around Niger Presidency Amid Reports of Military Protest
Two suspected criminals arrested during patrol in Plateau
By: Zagazola Makama
Troops of Sector 1 under Operation Enduring Peace have arrested two suspected criminals during a routine patrol in Jos East Local Government Area of Plateau.
Security sources disclosed that the suspects, identified as Azi Ezekiel, 21, and Ajiji Emmanuel, 19, were apprehended at about 10:30 a.m. on Saturday along the road leading to Forbur Village.
The sources said the suspects were intercepted by troops of Sector 1, Sub-Sector 12, while conducting a routine patrol in the area.
According to the sources, the two suspects have been handed over to the Keystone Police Station in Forbur for further investigation and possible prosecution.
The arrest forms part of ongoing security operations aimed at combating criminal activities and enhancing safety across Plateau State.
Two suspected criminals arrested during patrol in Plateau
Troops arrest suspected kidnapper in Plateau community
By: Zagazola Makama
Troops of Sector 4 of Operation Enduring Peace have arrested a suspected kidnapper during a security operation in Barkin Ladi Local Government Area of Plateau.
Security sources said the suspect, identified as Mohamdu Surajo, 29, was arrested at about 6:45 p.m. on Friday at Sabon Layi Village following sustained security operations in the area.
The sources disclosed that the suspect is currently in military custody and is undergoing preliminary interrogation to aid ongoing investigations.
They added that the arrest is part of continued efforts by security forces to dismantle criminal networks and enhance security across Plateau State.
Troops arrest suspected kidnapper in Plateau community
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