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UDEAGBALA, BAN KI-MOON, ALBERT MUCHANGA, COMOROS PRESIDENT AZALI ASSOUMANI AND OTHERS FOR AFRICA-KOREA BUSINESS SUMMIT IN PARIS

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Immediate past National President of the Nigerian Association of Chambers of Commerce and Industry (NACCIMA) and an ex-officio member of the Council of the International Chamber of Commerce (ICC), Ude John C. Udeagbala would represent Nigeria at the African-Korea Business scheduled for Tuesday, 12th September 2023.  

 

The summit with the theme, “Africa-Korean Partnership in an Era of Great Transformation” is set to explore how Korean players can enable and synergize with deeper trade integration in Africa and build a complementary partnership for the 21st century through its technological leadership across a wide array of sectors from agriculture, mining and renewable energy to manufacturing and digitization.

 

It would attract leading voices and decision makers from the African and Korean policy, business and investment communities.

 

The summit which would be hosted by the Korean Chamber of Commerce and Industry and the Korea-Africa Foundation, in partnership with the Korean Ministry of Foreign Affairs would take place at the Peninsula Paris, 19 Avenue Kleber, 75116, Paris, France.

 

The Africa Continental Free Trade Area (AfCFTA) reached major ratification milestones in 2023 on the back of unprecedented political momentum for closer regional integration to see the emergence of Africa as a global growth hub representing a quarter of the world’s population and a $16.5tn dollar market by 2050.

 

Two moderated panel and networking sessions will take place to explore the drivers and stumbling blocks to this formidable growth trajectory, teasing out risks and opportunities to Africa’s trade partners with a focus on Korea.

 

“Conversely, the session will explore how Korean players can enable and synergize with deeper trade integration in Africa and build a complementary partnership for the 21% century.”

 

Other speakers are;

Wamkele Mene, Secretary-General, AfCFTA, Sim Tshabalala, CEO, Standard Bank, Choi Kyong-lim, Former Chair of WTO Council for Trade in Goods, Seo Sang-hyeon, Senior Economist, POSCO Research Institute, Sohn Jie-Ae, CNN Correspondent in Seoul as session moderator.

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Rivers Crisis: Hon. Enemi George Blows Hot, Calls Governor Fubara a Small Man

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Hon. Enemi Alabo George, a member of the Rivers State House of Assembly, did not mince his words when he called out Governor Sim Fubara for his reckless and violent actions. He boldly stated, “I dare you today, Sim Fubara.

 

”You may have had the guts to break the gates of the Rivers State House of Assembly quarters and force your way in, but let me tell you, you are nothing but a small man. Your threats and harassment, shooting and inducing fear into the wives and children of Assembly members are nothing but cowardly acts.”

George went on to remind Fubara of his past misdeeds, saying, “You burnt the hallowed chambers of the House of Assembly, attacked the residence of the Speaker of the Rivers State House of Assembly, and even demolished the Rivers State House of Assembly Complex. Despite all this, we did not answer you, we thought it was just the madness of a minute. But know this, you can never break me.”

He further emphasized, “I have respected our friendship for a long time, but now, I refuse to hold back any longer. You know where I live, you know my apartment, why didn’t you come? I worked hard for you to become Governor, I even mobilized professionals from all works and corners of life to support you. But now, I will never bow to baal. You are nothing but a small man, and I will not be intimidated by you.”

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NDLEA Act: Senate Passes Bill to enforce Death Punishment for Drug Peddlers

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The Nigerian Senate has taken a significant step towards ensuring a safer and healthier society by passing a bill to amend the National Drug Law Enforcement Agency NDLEA Act. The amendment includes the imposition of capital punishment by death for those involved in drug-related crimes in Nigeria. The aim of this move is to create a drug-free environment in Nigeria and to address the issue of drug peddling among the country’s youth, which has become a major concern.

The Senate believes that this amendment will provide the necessary legal backing for NDLEA to carry out its duties effectively and also enable the prosecution of those found guilty of drug-related offences. This will go a long way in curbing the drug trafficking menace that has been a source of worry to the government and citizens alike.

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BREAKING: Reps Tells CBN to Suspend Cybercrime Levy Collection

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On Thursday, May 9th, the House of Representatives made a commendable move by ordering the Central Bank of Nigeria (CBN) to suspend the enforcement of the cybercrime levy introduced by the apex bank. This decision was made to ensure that the principles outlined in section 44(2a) of the Cybercrime Act are adhered to, and that Nigerians are not confused or misled in any way by the circular issued by the CBN.

The House of Representatives expressed their concern about the potential misunderstanding that could arise from the circular issued by the CBN, and urged the bank to retract the previous circular promptly and release a new one that aligns with the provisions of the Act.

This action was taken in response to a pressing issue raised by Minority Leader Kingsley Chinda (PDP, Rivers) on behalf of all members. The House’s decision shows their commitment to promoting fairness, transparency, and accountability in Nigeria’s financial sector.

 

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