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G-20: Trade Minister, Uzoka-Anite links ability to attract investment to Tinubu’s commitment to Nigeria’s industrialization

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For the Nigerian team in the ongoing G-20 Summit in India to attract Foreign Direct Investment into the country has been linked with the unwavering commitment of President Bola Ahmed Tinubu to ensuring Nigeria’s industrialization.

The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, who said this in a statement on Friday by her Media Adviser, Oladapo Sofowora, disclosed that after President Tinubu arrived from his 18 hours trip from Nigeria on Tuesday, he immediately went into a meeting with Billionaire investor; Mr Prakash Hinduja, Chairman and CEO of the Hinduja Group of Companies to seek partnership on investing Billions of Dollars into the Nigerian economy.

According to the Minister, the Nigerian-Indian bilateral relationship has dated back over 7 decades with the two countries maintaining cordial relationships in trade investment and technology exchange.

“Since that historic September 1962 visit, hosted by Alhaji Tafawa Balewa, the first (and only) PM of Nigeria, in Lagos, Nigerian and Indian leaders presided over a bilateral relationship that has grown in leaps and bounds. In my time here in India, I have seen how much of a thing of pride these feats have been for the Indian people. Successes of this nature are especially significant because they rekindle national hope and optimism, and fuel the collective ambition to achieve even more” Dr Uzoka-Anite said.

She further stated that her first international engagement as Nigeria’s new minister of industry, trade and investment in India has broadened her horizon on how India ticked, the powering forces behind ‘Incredible India’, and how Nigeria can learn from India’s digital enumeration of all citizens, development of an ICT sector that is a global powerhouse, and the fight against poverty.

She further highlighted the models used by Prime Minister Modi in lifting 135 million Indians out of poverty in five years.

She said: “Our trip here has so far been fruitful and Nigerians should be proud of our achievement here. We signed an agreement on Infrastructure Corporation of Nigeria Limited (InfraCorp) and Invest India. We also signed another agreement between the Nigerian Ministry of Communication, Innovation and Digital Economy and the Indian Ministry of Electronics and Information Technology. We have also secured investment commitments from multinationals like; SkipperSeil Group, Jindal Steel and Power Limited, Bharti Enterprises, Indorama Petrochemical Limited amounting to several billions of dollars.”

Speaking on her bilateral meeting with the Indian Minister of Commerce and Industry, Piyush Goyal, Dr Uzoka-Anite Doris further disclosed that it provided yet another opportunity for them to discuss how Nigeria and India can improve trade and investment relations as she also wooed various Indian entrepreneurs who are already doing business in Nigeria.

“I am struck by their love and passion for Nigeria, and how proud they are to be seen as champions of the investment potential of Nigeria.

‘We have more than 130 Indian companies that are active in Nigeria from manufacturing to hospitality to oil and gas, and healthcare sector. Our work is made much easier with these enthusiastic promoters of Nigeria and its immense opportunities. I have felt very much at home here in India. Anyone who knows both countries will be aware of just how much we have in common: our colonial heritage, fast-growing, multilingual, multi-religious populations, the success stories of our young people, especially in ICT, and our teeming diasporas.”

The Minister also revealed that ratification of the Bilateral Air Services Agreement (BASA) between Nigeria and India, which allows Air Peace to fly twice weekly between Lagos and Mumbai, in April 2023 has opened more opportunities for exchange between the two countries. She however noted that Nigeria needs to fastrack the signing of Investment Promotion and Protection Agreement (IPPA), and Economic Cooperation Agreement (ECA), with India.

“Joining the G20, as Africa’s largest economy and most populous country, will no doubt position Nigeria to benefit from even more favourable trade and economic ties with India and other leading world economies.
“This visit will mark the beginning of a new vista for Nigeria-India relations, under the leadership of President Tinubu and PM Modi. There are indeed no limits to what we can achieve, for the mutual benefit of Nigerians. We are surely on the path of prosperity”, the Minister added.

 

 

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The Dotun Adesua Symposium Paves Way for Nigeria’s Creative Industry Advancement

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The Dotun Adesua Symposium, an earnest endeavor to cultivate meaningful dialogue within Nigeria’s dynamic creative industry, has laid a firm groundwork upon which this vibrant sector can flourish and become a catalyst for national development.

 

The symposium, held in Lagos, brought together luminaries, industry professionals, and creative minds under the theme, “Nurturing Creative Talent For Nation-Building. “It served as a pivotal platform for driving conversations that are essential to the growth and prosperity of the nation.

 

At the heart of the symposium was the visionary mission to bridge the gap between established professionals, mentors, and the emerging generation seeking guidance. The symposium aimed to equip these budding talents with invaluable knowledge and insights while fostering stronger connections between industry leaders and the creative pioneers of tomorrow.

 

In his keynote address, President and Chairman, Governing Council of the National Institute of Marketing Nigeria (NIMN),  Mr. Idorenyen Enang set the tone for the symposium illuminating the diversity within the creative industry, with each facet underpinned by creativity at its core.

 

Using a metaphorical dining table, Enang vividly illustrated how consumers often engage with creative products without fully comprehending the intricate workings of the industry. He emphasized the need for professionals to expand their horizons and deepen their knowledge.

 

Enang went further to underscore that the journey of nurturing creative talent commences at home, drawing parallels with the farming process. He likened the act of planting seeds to the inception of creativity, asserting that the cultivation of creative talent begins with education. 

 

“Mentorship plays an indispensable role in guiding individuals along their creative journeys, nurturing the sparks of genius within them.” Enang firmly stated.

 

The symposium also featured a panel session where the President of the Association of Professional Party Planners and Event Managers of Nigeria, Funbi Akinyosoye shared her insights on the pivotal role of education in unlocking creative potential.

 

Akinyosoye recounted her personal journey, highlighting that formal education alone does not define one’s ability to infuse perfectionism into their work.

 

She encouraged young individuals to embark on creative explorations, even in seemingly minor endeavors, reinforcing the notion that education provides the platform for them to express themselves more effectively.

 

Veteran Comedian and Compere, Gbenga Adeyinka the 1st, brought his wealth of experience to the panel. 

He shared his experiences in propelling the comedy sector in Nigeria’s southwest region, despite initial skepticism regarding his choice of location for shows.

 

Adeyinka emphasized his steadfast dedication to nurturing talents, which has played a pivotal role in the remarkable growth of comedy in the region. He dispelled the misconception that creativity is synonymous with chaos and underscored the importance of structure in delivering successful creative projects.

 

Summing up the symposium’s significance, the Convener Dotun Adesua, declared that the symposium sent a resounding message: Nurturing creative talents is not merely an individual odyssey but a crucial contribution to Nigeria’s cultural and economic development.

 

Adesua announced that the symposium marked the initiation of an annual tradition, poised to continue inspiring and connecting professionals with emerging talents within the creative industry, adding that  subsequent events would propel Nigeria forward through the transformative power of creativity and mentorship, envisioning a brighter future for the nation’s creative landscape.

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LASTMA AVERTS ANOTHER MAJOR FIRE DISASTER AS ANOTHER PETROLEUM TANKER GOT HOOKED AT IKOTUN, LAGOS

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Operations of the Lagos State Traffic Management Authority (LASTMA) early today morning averted what could have been another major fire disaster around Synagogue Church, Oju-Odo area inward Ikotun.

Traffic officer Demola Muibi ‘Bravo’ (Zone 7) who led Lastma response team disclosed that an NNPC branded tanker fully loaded with petroleum product got hooked and totally blocked the entire Road inward Ikotun from the Synagogue Church.

He disclosed further that in order to avert another major fire disaster around the entire Synagogue Church area, Lastma team after arriving at the scene around 6 am called other major emergency responders including the Lagos State Fire and Rescue Services immediately.

LASTMA avert Tanker crisis

“We managed the situation in such a way to avoid miscreants and hoodlums from tampering with the fuel before the arrival of Police men from Ikotun Police Division”

He confirmed that motorists were diverted through Ijegun Road for those who want to navigate through Ikotun/Ejigbo/Jakande and likewise those coming from Ejigbo are to access through Ile-iwe and Liasu Road in to order for them to continue their journey.

Trans-loading commences immediately another empty tanker was brought to the scene and the Lagos State Fire and Rescue Services were doing the needful.

 

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George Uboh’s Long History of Fraudulent Activities: A Warning to the Public

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In recent times, the Economic and Financial Crimes Commission (EFCC) has stepped up its efforts to prosecute prominent Nigerians involved in various financial improprieties, fraud, and illegal activities. Among the individuals under the EFCC’s watchful eye, one name that stands out is George Uboh, a man with a long history of fraudulent activities and a dubious reputation. This article serves as an investigative report, shedding light on the multiple fraudulent activities attributed to George Uboh and why people should steer clear of any association with him.

 

 

George Uboh is not a newcomer to the world of fraud and financial misconduct. His track record reveals a pattern of deceit and fraudulent behavior dating back several years, both in Nigeria and the United States. With a history of convictions and allegations of criminal activities, Uboh’s credibility is seriously in question.

 

 

George Uboh’s criminal history extends to the United States, where he was convicted of wire fraud in 1992. Uboh was at the center of a major credit card and bank fraud ring in Georgia. He served time in prison for his role in these fraudulent activities and was eventually released in 2001. This conviction alone raises significant concerns about his character and trustworthiness.

 

 

In April 2016, George Uboh faced another conviction in Nigeria, this time for his involvement in converting the property of the defunct Police Equipment Foundation (PEF) to his personal use. The EFCC arraigned Uboh on a three-count charge of criminal breach of trust related to the sale of PEF vehicles. Uboh had abused his position as the former Head of Security and Communication Department at PEF to sell these vehicles improperly.

 

 

George Uboh’s fraudulent activities did not stop with his previous convictions. In 2019, he sensationally accused the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, of financial malfeasance. However, his allegations raised concerns about his credibility, as they appeared to be driven by personal motives rather than genuine whistleblowing.

 

 

Uboh’s modus operandi includes presenting himself as a recovery agent for national assets, despite his criminal history and questionable character. He claimed to have traced significant funds trapped in Nigerian banks and government agencies. However, his actions raised suspicions about his intentions, as he used his position to threaten and harass individuals, corporate bodies, and government entities to obtain information and further his own agenda.

 

 

The Attorney General of the Federation, Abubakar Malami, eventually revoked the engagement letter issued to George Uboh for asset recovery services on behalf of the Federal Government. This decision was based on Uboh’s failure to adhere to the terms of engagement, as he exceeded the scope of his mandate and used government authority for personal gain.

 

 

Following the revocation of his engagement, George Uboh resorted to waging a relentless media war against the AGF and other individuals and organizations. He continued to make baseless accusations and threats, demonstrating a lack of respect for the law and decorum.

 

 

George Uboh’s long history of fraudulent activities and convictions in both the United States and Nigeria make him an unreliable and untrustworthy individual. His actions and allegations appear to be motivated by personal gain rather than a genuine commitment to combating corruption. The public is strongly advised to exercise caution and avoid any association with George Uboh, as his track record suggests a propensity for deceit and fraudulent behavior. It is essential to rely on credible and reputable sources when evaluating claims of corruption and financial misconduct.

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