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US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean

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US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean

By: Michael Mike

United States has expressed her willingness to collaborate with Nigeria and other countries in the Atlantic Ocean region to harness the economic potentials that the ocean presents.

Speaking to selected journalists in Abuja on Tuesday night, the Senior Coordinator for Atlantic Cooperation, Bureau of Oceans and International Environmental and Scientific Affairs, Ambassador Jessye Lapenn who was in the country to further cement relations between Nigeria and United States on Blue Economy and Maritime Issues, said her home government was ready to deployed equipment and resources to ensure peace and safety in and around the Atlantic Ocean.

She noted that the challenges associated with piracy and insecurity on the Atlantic Ocean would be soon be a thing of the past as all the countries in the Atlantic Ocean Treaty would work together to ensure that there is peace and growth of commercial activities on the Atlantic Ocean.

She disclosed that during her visit to the country she was presented with the opportunity of meeting key decision makers in Nigeria’s maritime industry, explaining that it was a great decision that a ministry was created to take charge of the nation’s blue economy.

Thirty-two coastal Atlantic countries across four continents have recently adopted a Declaration on Atlantic Cooperation launching the Partnership for Atlantic Cooperation on the margins of the United Nations General Assembly in New York.

The new multilateral forum brought together an unprecedented number of coastal Atlantic countries across Africa, Europe, North America, South America, and the Caribbean.

This Partnership is the first grouping to span both the North and South Atlantic and address a broad range of issues, from economic development to environmental protection to science and technology. It is also the first time that so many Atlantic countries have come together to establish a forum through which they can work together on a more regular basis and to lay down, via the Declaration, a set of shared principles for the Atlantic region, such as a commitment to an open Atlantic free from interference, coercion, or aggressive action.

The recent Declaration builds on last year’s Joint Statement on Atlantic Cooperation, which started a process to explore deeper cooperation in the region. It was the product of that process and intensive diplomacy by the White House and the State Department.

Coastal Atlantic countries share direct and interconnected interests in the Atlantic Ocean. The Atlantic Ocean is the world’s most heavily traveled ocean with critical trade routes and global energy reserves.

The World Bank had estimated that the ocean contributes $1.5 trillion annually to the global economy—and expects this figure to double by 2030.

Sustainable ocean economy sectors are estimated to generate almost 50 million jobs in Africa and to contribute $21 billion to Latin American GDP.

Meanwhile, challenges like illegal, unregulated, and unreported fishing; natural disasters; and illicit trafficking threaten this economy. It is however recognized that no country alone can solve the cross-boundary challenges in the Atlantic region or fully address the opportunities that it presents.

The Partnership for Atlantic Cooperation seeks to usher in a new chapter in regional cooperation, forging deeper connections across Atlantic countries on four continents, with the purpose of the Partnership being twofold: to enable Atlantic countries to expand cooperation on a range of shared goals and to uphold a set of shared principles for Atlantic cooperation.

The Partnership is expected to give member countries a new platform to work together on issues such as science and technology, sustainable ocean economy, and climate change. Participating countries also endorsed a Plan of Action outlining the first phase of work this new grouping will undertake, including scientific cooperation and shared research, information and maritime awareness, and development of a cadre of young Atlantic scientists. The Partnership will convene regularly and establish working groups to carry out this work. To the greatest extent possible, the Partnership will collaborate with and build on existing regional initiatives.
The participating countries include Angola, Argentina, Brazil, Cabo Verde, Canada, Costa Rica, Cote d’Ivoire, Dominica, the Dominican Republic, Equatorial Guinea, Gabon, The Gambia, Ghana, Guatemala, Guinea, Guyana, Iceland, Ireland, Liberia, Mauritania, Morocco, the Netherlands, Nigeria, Norway, Portugal, the Republic of the Congo, Senegal, Spain, Togo, the United Kingdom, the United States, and Uruguay.

US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean

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Foundation donates N10m to Gombe market fire victims

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Foundation donates N10m to Gombe market fire victims

By Peter Uwumarogie

A Non-Governmental Organsation known as Velocity Humanitarian Foundation, on Friday, donated N10 million to support victims of Monday night’s fire, which razed the Gombe Timber Market.

Chairman of the foundation, Malam Adamu Ibrahim who presented the cheque to the leadership of the market on Friday, also sympathised with victims of the inferno.

He said that the incident had drawn the attention of the organisation’s founder Engr. Aliyu Mohammed, who consequently, directed an extension of the support.

According to him, the foundation is focused on impacting lives, adding that the fire incident had compelled the organsation to extend support to victims in line with its objectives.

He also called on well meaning Nigerians within and outside the state, to assist the victims in view of their huge investment lost to the fire.

In response, Chairman of the state’s Timber Sellers Association, Malam Mohammed Ahmadu,, thanked the organisation for extending the gesture, at a time it was most required.

Ahmadu also described as encouraging, the support and well wishes from many residents who had come to sympathetise with them since the incident.

“This N10 million is well appreciated because we need all the support we can get to ameliorate the sufferings of our members since the fire outbreak.

“We thank the founder of the Foundation, Engr Mohammed and their staff, for this donation; we will always remember this good gesture done to us,” he said.

Meanwhile, Ahmadu said that the association had resolved to acquire a transformer specifically for use of members, which will be turned off after business hours to prevent a reoccurrence of electricity-related fire.

The News Agency of Nigeria (NAN) reports that the fire outbreak destroyed over 60 shops and goods worth millions.

Foundation donates N10m to Gombe market fire victims

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NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

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NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

By: Zagazola Makama

A Nigerian Air Force (NAF) C-130 aircraft and its crew have arrived at the Air Force Base in Accra, Ghana, after departing Bobo-Dioulasso in Burkina Faso earlier on Friday.

Zagazola reliably gathered that the aircraft is scheduled to proceed to Portugal on Saturday as planned for a flight maintenance mission, official sources said.

On arrival in Accra, the NAF crew and aircraft were received by officials of the Ghana Air Force and representatives of the Nigerian Embassy in Ghana.

A defence source told Zagazola that the reception illustrated the cordial military-to-military relations and longstanding diplomatic ties between Nigeria and Ghana.

We in Nigeria, extend our appreciation to the Ghanaian Government and diplomatic officials for the warm reception and support extended to the Nigerian NAF crew.

NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception

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Gombe Govt restates commitment to MSMEs growth

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Gombe Govt restates commitment to MSMEs growth

The Gombe State Government, on Friday engaged stakeholders in the finance sector towards easing access to credit and ensuring the growth of Micro, Small and Medium Enterprises (MSMEs) in the state.

Malam Muhammad Magaji, the state’s Commissioner of Finance and Economic Development stated this in Gombe while declaring open the State Action on Business Enabling Reforms (SABER) Programme, themed: “Guide to Access Credit”.

Magaji said that the meeting was aimed at creating an environment conducive for business growth by removing the bottlenecks around accessing finance.

He said that the administration of Gov. Inuwa Yahaya of Gombe State has prioritised the development of businesses and industries to drive economic prosperity for the state, create jobs and improve the wellbeing of residents.

Magaji who was represented by Mr Jalo Ibrahim, the Permanent Secretary, Ministry of Finance and Economic Development said that the state is now more deliberate in supporting small business owners to grow.

According to him, Yahaya-led administration’s commitment to MSMEs growth is to ensure inclusive growth of the economy in view of the role of such small businesses to economic transformation.

“We are engaging the financial institutions and relevant stakeholders to see how we can remove the barriers affecting access to credit to SMEs in the state.

“This is part of the current administration’s commitment to strengthening access to loan facilities that would give life to small businesses and help more youths start up businesses.

“We are very committed as a government to see to it that we provide all the needed supports to make doing business in Gombe State easy.

“Government will inject more money into the system to serve as collateral for business owners and also serve as guarantor to those who are willing to access finance,” he said.

On his part, Alhaji Nasiru Aliyu the Commissioner for Trade, Industry, and Tourism,
Gombe State restated the state government’s commitment to industrialising the state and attracting investors.

Aliyu said that Yahaya’s administration had invested a lot to boost industrial growth and turn the state into the industrial and evonomic hub of North East.

Mr Kabiru Tsoho, the SABER focal person for Gombe State said that the SABER Programme is a World-Bank project aimed at easing businesses towards accelerating the growth of the economic sector.

Tsoho said the engagement would help remove impediments to accessing finance and encouraging business growth.

“This will help improve business environment and encourage investment which would provide more opportunities for jobs to be created and for economic empowerment of women and youths,” he said.

Mr Sanusi Abdullahi, Chairman, Traders Association of Nigeria, Gombe State chapter commended the initiative by the state government and World Bank to make doing business easy.

Abdullahi said with improved access to loans, there would be more youth employment and improvement in the standard of living of residents of the state.

Gombe Govt restates commitment to MSMEs growth

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