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‘We are ready to take drastic decisions that will help shape Nigeria’s Economy for Good’  – Minister for Investment, Trade and Industry; Dr Doris Uzoka-Anite 

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The Honourable Minister of Industry, Trade and Investment Dr Doris Uzoka-Anite has said the Ministry is ready to take long-term measures that will help strengthen the Nation’s economy by synergizing with government and other relevant stakeholders in driving more trade, investment and formation of new industries. 

While speaking after the inaugural Federal Executive Council Meeting FEC held today at the Presidential Villa, chaired by President Bola Ahmed Tinubu; Dr Doris, however, noted that; the Trade and Investment Ministry have received briefing from different heads of parastatals and agencies over the week and has set the ball rolling in a bid to put the country on the path of prosperity by igniting all possible policies that will enhance more trade activities in small scale and large scale. She said, the head of agencies under her supervision have submitted their work plan and policy documents and have started putting their plans into work-in-action that will touch every aspect of the nation’s economy in no time.

While pleading with Nigerians to be more patient with the administration, She averred that; the action and policy plan aims to strengthen trade ties between Nigeria and other countries. It will also be a guide and driving force to the actualization of a thriving economy that is self-sufficient and sustainable. “I have received briefing from the agencies under my ministry and I have ordered them to get to work by putting their plans into action. Any moment from now, Nigerians will feel the ripple effect of our policies as it would touch every sector of the economy. Farmers, traders, manufacturers, and exporters among others will receive a major boost soon. We are working round the clock to ensure Nigerians do business without hassle. We are also breeding more SMEs and business owners within the teeming youth demography to encourage more startups.”

“To promote trade in Nigeria, we need to set an enabling environment with the right policies protecting local production to enable self self-sufficiency, reduction of importation and promoting exportation which will in turn drive more Forex into the economy. We want to transition from an oil-dependent nation and consuming economy to a producing economy. We will declare a state of emergency anywhere we need to do so to ensure speedy intervention. She added.

Uzoka-Anite also noted that she is working tirelessly to ensure the revitalization of existing industries and also attract more investment and industries locally to create jobs; reducing the unemployment rate drastically. “We need to create more industry and the only way to create that is to give incentives and more support to existing companies facing hardship. In a bid to attract other investments, we need to sustain the existing ones and make sure they don’t fold up and lay off staff adding to the unemployment rate. We will roll out palliatives to business owners, entrepreneurs and other employers of Labour. We will also project Nigeria as an investment hub for intending investors with our participation at the United Nations General Assembly UNGA in Newyork and the G20 Summit in India.” Dr. Doris disclosed.

The Minister also revealed that all hands are on deck in the ministry and anyone who wants to sabotage her effort in bringing positive results to Nigerians will be left behind and sanctioned accordingly. She stated strongly that there would be no room for lagging under her watch in the ministry.

 

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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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