Tag: Canada

  • Canada targets $6b trade with Nigeria

    The Canadian Government has projected a 100 per cent increase in its trade volume with Nigeria from $3 billion to $6 billion by 2015.

    The government also said there would be a tremendous inflow of business into the country in all sectors of the economy as a direct impact of the successful meetings between Vice President Namadi Sambo and the Canadian business community during his recent visit to Canada.

    According to the Canadian High Commissioner to Nigeria, Mr Chris Cooter, who dislosed these at a briefing in Abuja yesterday, Sambo’s visit has sparked a wide range of bilateral business interests between both countries, which will, ultimately, lead to an increase in the volume of trade.

    He expressed satisfaction with the handling of the power contract with Manitoba of Canada, stating that other firms would be willing to invest in the power sector if the cost is reduced.

    He said: “Presently, the volume of trade is about $3 billion and this is mostly in oil. What is important is that we are diversifying that trade and we have also a government goal to double it to about $6billion in 2015.

    “It is not just that, but it has to be quality trading with local content; good business in every sense and in areas that would be of mutual values for both countries.

    On Manitoba, he said the Canadian government has “the full support of the Nigerian government for the contract,”noting that that though the contract is moving on as it should even if it is a “complex project.”

    “What is important is that there are a lot of Canadian firms offering different solution to tackle the power problem in Nigeria. It is a complex process in the sense that it will take time before Nigeria can really have adequate power. If you are to reduce the cost, then some other firms can come here,” he said.

  • Nigeria remains Canada’s largest trading partner in Africa – Sambo

    Nigeria remains Canada’s largest trading partner in Africa – Sambo

    Vice President Namadi Sambo on Saturday assured the Canadian Government that Nigeria would remain its largest trading partner in the sub Saharan Africa.

    A statement signed by the Senior Special Assistant, Media to the Vice President’s, Malam Umar Sani, said Sambo gave the assurance at the just concluded Nigeria-Canada Investment Forum in Toronto, Canada.

    Sambo said Nigeria and Canada enjoyed excellent bilateral relations with a new chapter of mutually strategic relations.

    `Nigeria remains Canada’s largest trading partner with a trade volume of more than 3 billion dollars in the sub Saharan Africa.”

    The vice president also noted the positive contributions of Canada to Nigeria’s successful democratic journey.

    “Canada recognises Nigeria’s unique role in Africa and global affairs and expressed readiness to take good advantage of the investment friendly environment provided by Nigeria through the economic, social, institutional and political reforms introduced by the past and present administrations.

    High points of the event include presentations by ministers of Trade and Investment, National Planning and the Federal Capital Territory of the enormous opportunities awaiting investors.

    Present at the event were the Governors of Abia, Rivers, Gombe, Bauchi, Plateau, Ogun, Kaduna, Akwa Ibom and about 12 ministers.(NAN)

  • Sambo urges Canada to support Nigeria’s economic initiatives

    Sambo urges Canada to support Nigeria’s economic initiatives

    Vice President Namadi Sambo on Thursday in Ottawa urged the Canadian Government to support Nigeria’s drive for economic prosperity.

    Malam Umar, the Senior Special Assistant on Media and Publicity to Vice President Namadi Sambo, said this in a statement he issued in Abuja on Thursday.

    The News Agency of Nigeria (NAN) reports that the Vice President is in Canada for the Canada-Nigeria Investment Conference holding in Toronto from May 2 to May 4.

    According to the statement, the Vice President made the appeal at a meeting he held with the Canadian Minister of International Trade, Mr Ed Fast, at the Canadian Parliamentary building in Ottawa.

    The Vice President also reportedly used the opportunity to inform the Canadian minister of details of “Nigeria’s journey to prosperity.”

    “He noted the expertise of Canada in hydro power and briefed the Minister of the progress recorded on Zungeru with the signing of the 1.3 billion dollars contract … to generate 700 megawatts of electricity,” the statement said.

    According to the statement, Sambo also intimated the minister about the progress of work at the Mambilla Power project.

    He said the power project would cost 6.4 billion dollars and would generate 3,050 megawatts when completed.

    Earlier, Ed Fast had expressed Canada’s gratitude over the manner the issues surrounding Manitoba Hydro was resolved.

    He promised to address the request by Nigeria over fumigation of her wheat imports.

    As regards provision of profitable loans, he promised to take a second look at Nigeria’s request.

    During the meeting, Nigeria and Canada signed the Foreign Investment Protection Agreement (FIPA).

    At the occasion Nigeria’s Minister of Trade and Investment, Dr. Olusegun Aganga and Hon. Ed Fast, his Canadian counterpart, signed for their respective countries.

    Earlier on arrival at the Canadian Parliamentary Building, the Vice President held a closed door meeting with the Canadian Prime Minister Stephen Harper.

    The statement said the meeting centered on a Bi-national Commission and other sundry matters.

    NAN reports that Canada-Nigeria Investment Conference is aimed at showcasing Nigeria’s investment potential as well as promoting interaction between the Nigerian business community and the Canadian counterparts.

    Those on the Vice President’s entourage include the Governor of Akwa Ibom and Gombe States, Dr Godswill Akpabio and Ibrahim Hassan Dankwambo, respectively.

    Others are the Minister of Trade and Investment, Dr. Olusegun Aganga, and the Minister of Foreign Affairs, Amb. Olugbenga Ashiru.

    The rest are the Minister of State for Power, Hajiya Zainab Kuchi, Sen. Iyiola Omishore and Nigeria’s High Commissioner to Canada, Amb. Ojo Madueke.

  • Nigeria, Canada trade volume to hit $6b in 2015

    The Nigeria, Canada trade volume will double to $6 billion from $3 billion by 2015, the Canadian Minister of International Trade, Ed Fast, has said.

    This is contained in the Oxford Business Group (OBG) report for 2012, which indicated that Canada is working with the African governments to address issues relating to security.

    In a report obtained by The Nation tagged: Nigeria – 2013 Report on economic reforms, the firm said rolling out wide-range reforms in the economy is prompting investors to take a “fresh look” at the country.

    Fast said the privatisation and anti-corruption reforms would create better opportunities for investors.

    “These ongoing changes will create better opportunities for all Nigerians and for investors from around the world. Canadian businesses are taking a fresh look at Nigeria and the opportunities it presents. They see that the environment is good for business, including a fair and strong regulatory framework to support and protect them,” he said.

    “It is important that security threats are addressed, particularly because security and prosperity go hand-in-hand,” Fast said.

    The minister added that while Nigeria’s extractive industries remain a focal point of interest for Canadian businesses, other sectors, such as information and communications technology (ICT), were playing a growing role in bilateral trade and investment.

    “While diversified trade and investment are vital to our bilateral relationship, the extractive sector can also be an important driver of sustainable economic growth and poverty reduction in developing countries, provided that an enabling environment is created,” he said.

    The report was produced with research assistance from the Nigerian Economic Summit Group, the Nigerian Investment Promotion Commission, Cordros Capital Ltd and Price Waterhouse Coopers.

     

  • Wives abroad, husbands turn bachelors

    Wives abroad, husbands turn bachelors

    If  you  are observant enough, you will notice him in markets –  an ageing, cosmopolitan  gentleman  haggling with the market woman pricing pepper,  fish,  okro and vegetable oil. His age, generally  50 and above.  At other times, you see him in the high brow areas of major cities doing his shopping at the Mall. If he is no longer in paid employment, he spends much of his time at the Club house.
    There is  a club patronized by such elderly  live-alone men in old Bodija in Ibadan where they try to make the best of the situation with their lively banters.  He lives a relatively quiet life at home – no chattering or running around of children.  Except, perhaps  for the occasional female visitor – that is for those still with active libido, the absence of which many openly confess – the house environment has an unnerving serenity.
    The above scenario  typifies the changing times for the family set up, especially for fathers in middle and upper class families in Nigeria. The ageing Nigerian husband and father is facing a silent revolt  – a gang-up against him by wives and children who have chosen to remain abroad.
    The irony of it all is that it is the successful husbands and fathers  who are mostly in this bind.  Men took different routes to this common destination of loneliness in their twilight years.
    Many had travelled abroad, often to Europe, the U.S. and Canada in their youth in search of the golden fleece, got married either to fellow Nigerians or ladies in their countries of residence, acquire higher education and raised families. While some returned home immediately after their education,  others  stayed back  to also get their children educated before returning home.  Some went abroad as staff of government agencies or international organizations with their families or raised families at their duty posts and either returned after their tenure or stayed back.
    Some men returned while the wives stayed back – different strokes. We have a large number of stay-back wives in Maryland, New York, Atlanta, and all the way down south to Tampa, Florida,  among others. There is a third category of those who went abroad under the U.S. Visa lottery. Initially, going abroad were moments of happiness and pride. In some cases, all the children of many couples ended up going abroad. Many fathers of such children are no longer smiling. Yet, the rush to America and Europe continues.With Nigeria’s worsening economic problems, those who never came back stayed put while the  problems forced the children of many returnees back to Europe and America where many are citizens. Meanwhile, the returnee parents are getting older as well as those who never went abroad but had children there. The returnees and the locals are now in the same boat. In their active, younger days, many parents travelled abroad on vacations to see their children.  Now retired or approaching retirement age, many parents are either financially or physically not able to make the journeys again, while some refused to visit  to protest the children’s non reciprocation.

    Then the music changed, bringing about current woes of many men, in spite of some putting a bright face to it.  This time wives started travelling abroad, ostensibly to help take care of their grand children abroad.  That was when husbands’ problems began. You would think there was a National Conference for Diaspora-bound Grandmothers at which a roadmap was distributed.  This is because experiences of many marooned husbands are similar : initially when the first grandchild is born, the wife travels abroad and spends about  three months.  She returns home, spends about nine months to a year and when the second grandchild is born, she either spends six months to one year or stays back permanently.  When they travel for third grandchild, it is a permanent stay.

    What I have found amazing about this category of men living alone, following their wives relocation abroad, is that many are not contemplating taking a second wife. Even those in their early 50s who are still randy avoid serious relationships while those who contract temporary marriages soon abandon the venture.  I was to learn  that the decision against taking a second wife, for many,  is generally financially based, given the rising cost of education.  “How do you expect me to start training a child from kindergarten at this age”, noted a 60 year old Ibadan resident whose wife and children live in Baltimore, U.S. A.  He says he draws inspiration from more elderly people who are in their 70s and in similar situation. He, however, concedes that he feels the absence of his family most during festive seasons when the loneliness hits him.  Some not so solvent again take consolation in the dollars and pound sterling from their Diaspora children. Even then, not all are so lucky. It’s a matter of different strokes. There are those who take in house helps, often with unpleasant experiences.  An oil company retiree with a big house in upscale Lekki area of Lagos said house helps can be so unappreciative of your assistance and can walk out on you anytime.  He narrated an episode where the driver threw the car key at him in the middle of nowhere, knowing that he had difficulty in driving. A common concern among elderly husbands living alone is the health hazard, the dread of falling ill in the middle of the night with no one to assist.

    There was the story of a man in the Alagbole area of Lagos who had died three days before the door was forced open when he did not attend a Tuesday church meeting.  Many ‘single’ husbands say their wives are always persuading them to come over, that the wives  wonder why the husbands choose to stay in the hell hole called Nigeria.  Although a few claim they enjoy cooking, many of the live-alone husbands  say they don’t find it funny going to the market.  Some husbands follow their wives abroad.  According to a Festac Town, Lagos resident,” when the second invitation came for my wife to come to London, I told my son he has to send tickets for two, that I can’t stay back again”.  After six months, they returned home, but when the wife was to go for the third and extended stay, he declined following.  “I find it very boring”, he lamented.  There are some husbands who refused to allow their wives travel abroad to help baby sit  their grandchildren.  One such husband insists : Why should they take my wife away, I raised them, they too must raise their own children.

    The problem of absentee wives and lonely husbands is part an overall trend of separation in the family.  Economic factor, especially employment,  has also contributed to the dispersal of the family, even at local level  where, for example, an husband works in Lagos,  the wife in Abuja, children in Portharcourt,  with dire consequences for family cohesion.  Prof.  Adelani Ogunrinde, Vice-Chancellor, National University of Lesotho while delivering the Second Commencement Lecture of Bowen University, Iwo on 16th October 2008 highlighted, almost in lamentation, this phenomenon of the dispersed family using his family as an example : He lives in Lesotho, the wife in Abuja and the children in North America.  He died about two years later, with the family still dispersed.

    Dr. Bisi Olawunmi  is a Lecturer, Department of Mass Communication, Bowen University, Iwo and former resident, Washington, D.C. Email : olawunmibisi@yahoo.com   SMS ONLY  :  0803 364 7571

  • Akwa Ibom to partner Canada on power

    Akwa Ibom State has sought the partnership of Canadian companies in generating adequate electricity supply to boost its economy.

    Speaking when he received Canadian High Commissioner in Nigeria Chris Cooter in Uyo, the state capital, Governor Godswill Akpabio said the state’s Independent Power Plant is producing 191 megawatts of electricity, adding that it needs partnership to generate more for distribution to consumers.

    Akpabio said: “With the recent completion of our independent power plant (IPP), we would want to partner Canadian companies to improve on the power generation and expansion of the current power to many consumers’’.

    He also sought Canada’s assistance in the development of Ibaka Deep Seaport, saying: “We will be glad to see Canadian companies coming to develop Ibaka Seaport and to partner with us on the development of the aviation sector through Akwa Ibom International Airport. Already, we are constructing an international hangar, which would make us the first state to land a Boeing 380 aircraft in the country”.

    Akpabio added: “We want to co-operate with companies in Canada for investment by bringing in more companies for investment and the development of the state. Akwa Ibom State is an economic hub; so we are building the state for the future. That is why we’re building basic infrastructure to facilitate the economic boom of the nation”.

    Earlier, Cooter said Nigeria and Canada had moved fast in their partnership in the last six months, noting that in October, last year, both countries signed a trade agreement to cement their ties.

    Cooter said his country is partnering India on the construction of hospitals, adding that in May, the Canadian government would permit Nigeria to bring 200 persons on a trade mission to the country.

     

  • Nigeria, Canada target N900b trade volume by 2015

    NIGERIA and Canada have agreed to strengthen their trade and investment ties.

    This will be achieved by leveraging on areas of competitive and comparative advantage.

    Both countries also agreed on strategies to double their volume of trade to N900billion ( $6billion) by 2015.

    To stimulate trade and investment, Canada has agreed to review its visa processing time for Nigerians to 10 days.

    Nigeria’s value of merchandise trade with Canada stood at N405billion ($2.7billion) in 2011.

    The trade value consists of N375 billion ($2.5billion) in Nigeria’s exports to Canada and $199million worth of imports.

    The decisions were reached during the Nigeria-Canada Bi-National Commission meeting in Abuja, which was co-chaired by the Minister of Trade and Investment, Mr Olusegun Aganga and the Canadian Minister for International Trade, Mr Ed Fast.

    A joint communiqué issued at the end of the meeting stated: “The two ministers noted the rapidly growing volumes of trade between the two countries and welcomed the commitment by the Canada-Nigeria Business Association to double the volume of trade by 2015 to $6billion.

    “The ministers welcomed the strong role of the private sector in expanding the two countries’ economic ties and agreed on the importance of renewed efforts to ensure that each country’s private sector is more acquainted with the opportunities in the other country.”

    Aganga said the Federal Government would expand bilateral trade relations with Canada, especially in the exportation of non-oil products.

    The move, he said, would help to create employment, generate wealth and enhance economic growth in the country.

    Fast led a delegation of chief executives of 28 Canadian firms operating in the extractive and infrastructure sectors of his country’s economy.

    Aganga said the meeting provided the platform for both countries to review their socio-economic progress to consolidate on gains and re-strategising for enhanced growth.

    “Nigeria and Canada share strong and increasing trade and investment relations. Canada is a top player in international trade, which makes up a large part of the Canadian economy,” he added.

     

  • U.S, Canada, EU hail Nigeria’s intervention in Mali

    U.S, Canada, EU hail Nigeria’s intervention in Mali

    The United States, Canada and the European Union have pledged their support to Nigeria and France for deploying troops to Mali.

    This is contained in a statement signed by the Spokesman in the Federal Ministry of Foreign Affairs, Mr. Ogbole Ode, in Abuja on Thursday.

    The statement said that heads of mission from the four countries made the pledge when the Nigerian Foreign Affairs Minister, Amb. Gbenga Ashiru, briefed them on the update of troops deployment under the auspices of the ECOWAS African-led International Support Mission in Mali (AFISMA).

    They advised that the military strategy should also be pursued along with the political process, which should involve various parties in Mali.

    The statement said that Ashiru informed the envoys that the crisis in Mali was an issue of deep concern not only to West Africa but to Africa, Europe and the rest of the world.

    “It is against this backdrop that the military operations by the French to dislodge Islamic militants and to regain northern Mali deserved the unflinching support of the international community,’’ the News Agency of Nigeria the statement as saying on Thursday.

     

  • Canada to assist Nigeria on 2015 elections

    Canada to assist Nigeria on 2015 elections

    The Canadian Government said it will partner with Nigeria to ensure credible elections in 2015.

    The President, Parliamentary Centre, Canada, Mr. Jean-Paul Ruszkowski, told journalists in Abuja that the partnership was arrived at after a roundtable with leaders of major political parties on Monday.

    Ruszkowski said the aim of the meeting with leaders of major political parties was to work out modalities on how to set up a Parliamentary Centre that would enhance the country’s electoral process.

    “ The purpose of the visit is to learn about how Nigeria is progressing in its democratic practice; how the federal system works and through that process explore, with the help of the party leaders, to understand what the priorities, what will bring all parties together to conduct a project that will be of use to Nigeria.

    “Be it in the field of budgetary oversight, in the field public accounts, security, natural resources and whatever sector is identified by the parliamentarians as high priority is welcome.

    “We have been to several countries and over the years, we are in the position to help.

    “We are just starting and the whole idea is to build confidence between the citizens, and governments and political parties; so when the elections come there will be no doubt about how representative the election will be,” the News Agency of Nigeria quoted Ruszkowski as saying to journalists on Tuesday.

    He said the Parliamentary Centre worked with legislatures of 31 African countries to “help them better serve their people.”

    Also speaking, the Presidential Adviser, Inter-Party Affairs, Senator Ben Ndi Obi, said several meetings with legislative leaders, the Independent National Electoral Commission and the Canadian Parliamentary Centre would be held to map out strategies on improving the country’s electoral process.

    “He (Ruszkowski) will be meeting with the Senate President, the Speaker and some leaders of the National Assembly; we had met with the Secretary to the Government of the Federation.

    “To round off the visit, he will be meeting with Prof. Attahiru Jega all on how to further improve the electoral process of our country.

    “We have had a robust discussion with our leaders here on how to build formidable internal democracy in our parties and how the parties can work hand-in-gloves with their legislatures in the National Assembly to make democracy more at home with us.

    “I will add that our aim is to have the Canadian Parliamentary Centre be established here in Nigeria and because they have been functional in 31 African countries and in Nigeria, it is not there yet.

    “So, we intend that this visit is the beginning of how that centre can be established here in due course,” he said.

     

  • Nigerian High Commission in Canada ‘broke’

    Nigerian High Commission in Canada ‘broke’

    Officials of the Nigerian High Commission in Ottawa, Canada, are owed two months salary, it was learnt yesterday.

    A source said the situation was so critical that the High Commissioner, Chief Ojo Maduekwe, flew to Nigeria last week to meet ministry officials.

    The source said besides funds for salaries, the High Commission lacked cash to pay electricity and telephone bills.

    He said most of the officials use their credit cards to do what should ordinarily be done with the Commission’s funds.

    The source said the non-Nigerian workers are not taking the situation lightly.

    Some of them, he said, are complaining openly.

    He said most of them thought the matter would be resolved with Maduekwe’s trip to country.

    The situation is the same in Geneva, Switzerland.

    The embassy officials in Geneva, he said, have lost the chance of enjoying any credit facility “because they know as a Nigerian you will default in payment.”

    According to him, what Nigerian embassy officials do is to use Ghanaians as go-between to access credit.

    He wondered why foreign affairs officials would not be paid when their counterparts in Nigeria receive their salary regularly.

    “Nobody has been able to tell us what the problem is. We expected Maduekwe to sort out the problem during his trip to the country as I speak with you nothing has been heard.

    “We also expect Maduekwe, a former Minister of Foreign Affairs, to know how to source money to run the Commission.

    “The situation is not funny. We call on the Federal Government to do something about this precarious situation.”