Tag: Nigeria

  • Angolan ambassador hosts Nigeria’s business elite in Abuja

    Angolan ambassador hosts Nigeria’s business elite in Abuja

    Angolan Ambassador to Nigeria, Dr. Jose Bamoquina Zau, is billed to host an interactive diplomatic dinner for business leaders in Nigeria and Angola.

    According to the Angolan Embassy in Abuja, the interactive session which will be held at the Transcorp Hilton on October 19 is themed ‘Introducing a New Era of Sustainable Business Partnership’.

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    Expected from Angola are senior executives from the public sector, the national bank, private bankers, state and private companies and the Angolan-Nigerian Chamber of Commerce and Industry while the Nigerian guests expected are governors, bankers, oil and gas executives and the extractive industry players.

    President Bola Tinubu, had on Tuesday, September 19th, 2023, held a bilateral meeting with Joao Manuel, President of Angola on the sidelines of the ongoing United Nations 78th General Assembly in New York to explore opportunities and solidify relationships between the two nations.

  • ‘Plans on to get made-in Nigeria products to global market’

    ‘Plans on to get made-in Nigeria products to global market’

     Acting Chairman  Manufacturers Association of Nigeria Export Promotion Group (MANEG), Odiri Erewa-Meggison spoke about her vision and strategic approach to driving the growth of the non-oil export sector in improving foreign exchange earnings for Nigeria. Excerpts:

    Congratulations on your appointment as the Acting Chairman of the Manufacturers Association of Nigeria Export Promotion Group (MANEG). Could you share a bit about your background and the experiences that have led you to this pivotal role?

     I am a lawyer with 24 years of post-call experience and hold a Masters’ Degree in International Relations. My career has primarily revolved around the manufacturing and export sector, where I have accumulated over 17 years of experience.  I serve as the External Affairs Director at British American Tobacco Nigeria (BAT Nigeria.

     It is by virtue of BAT Nigeria’s affiliation with the MAN Export Promotion Group that I assumed the role of 1st Vice President within MANEG in November 2022, and I subsequently took on the position of Acting Chairman after six months. The transformative power of exports on the fortunes of this country and businesses is the driving force behind my commitment to this sector.

    What specific skills and competencies do you bring to MANEG that will contribute to its growth and success?

     My experience in navigating complex regulatory environments at home and abroad, coupled with my knack for forging strategic partnerships, will be pivotal in leading MANEG. My ability to envision innovative strategies and execute them collaboratively is another asset. I also believe that my leadership experiences and understanding of international relations and trade-related dynamics over the years are coming in handy toward ensuring that MANEG’s objectives are achieved sooner rather than later.

     What is your vision for MANEG during your tenure and how do you plan to guide the group towards achieving it?

     My vision for MANEG is to position it as a catalyst for export growth in Nigeria. MANEG should proactively promote the interest of exporters by shaping export-related policies, securing incentives for exporters and protecting exporters from potentially adverse policy actions. I want MANEG to be a more influential player that is respected because of its actions, not just words. We aim to work with others for the collective good of Nigerian exporters.

     I envision a landscape where local manufacturers seamlessly tap into global markets, thereby bolstering the country’s economy. We are rolling out initiatives to provide exporters with greater incentives, actionable insights, export-focused trainings and networking opportunities. By creating a collaborative platform, we will drive member growth and export success.

     We will also be aligning with relevant stakeholders in the country and the sub-region to build the needed platforms for the achievement of our objectives.

    Could you give us an overview of MANEG’s mission and objectives and how the organization has made or envisions making a significant impact on Nigeria’s export sector?

     MANEG’s mission is largely to promote and protect the interests of exporters that manufacture products in Nigeria, which ultimately enhances the export volume of locally manufactured goods and services to the international market. In the past years, MANEG has been at the forefront of advocacy for payment of incentives to exporters in the form of the Export Expansion Grant. Our efforts have been largely successful and we continue to push the Federal Government to keep its commitments until all qualified exporters receive what is due to them. It is also in recognition of MANEG’s status as the most formidable non-oil exports group and as a sub-group of the Manufacturers Association of Nigeria, that the group was recently conferred with a seat on the board of the Nigerian Export Promotion Council. We will not take this responsibility for granted.

     In the coming weeks – and until the rest of the year – MANEG intends to carry on a series of projects, advocacy, engagement and other activities that we believe will elevate the non-oil exports conversations, secure additional incentives for members, lead to key regulatory changes to boost non-oil exports and also put non-oil exporters in good positions to take advantage of the available opportunities, including under the African Continental Free Trade Area (“AfCFTA”). We are also collaborating with public and private sector stakeholders to achieve our objectives. A recent example is the Knowledge & Capacity Building Training on the AfCFTA for non-oil exporters, which we organised in conjunction with the National Secretariat on AfCFTA in July 2023. The 2-day event was attended by circa 220 participants.

     In a dynamic business landscape, how will MANEG adapt to ensure it remains relevant and effective in supporting Nigerian manufacturers and exporters?

     Instead of resting on our past achievements, the new Exco of MANEG has been reviewing the group’s operations in a bid to optimise our activities in Nigeria, including being more visible and participatory in all matters that affect non-oil exports in Nigeria. We also aim to broaden our services to members, especially with the present-day economic realities and the effect on the global competitiveness of Made-in-Nigeria products. We have acknowledged the continuing focus of government on non-oil exports and trade facilitation as a call to action. Too often, activities of exporters are impeded by policy directions that may have good intentions but are not considered from a trade facilitation perspective, thereby creating more harm than good – from a business perspective. Just imagine, for example, that a banking-related initiative could cause delay in export of goods that then results in demurrage payment and completely wipes out an exporter’s profit. Proactive consultations with the relevant players could help to prevent or mitigate such scenarios, so we keep our ears to the ground and consult widely so that despite the dynamism of our regulatory environment, we can quickly adapt and act in the best interests of exporters.

     Aside from this, we are building strong partnerships by collaborating with local and international trade bodies to facilitate market expansion and knowledge exchange. MANEG will also focus on sustainable practices, aligning with global trends, continuous skill development for members, market intelligence, and policy advocacy that will further bolster our effectiveness. We are also looking to upskill the exporters to get them more competitive in comparison with their counterparts both within Africa and on the global scale.

     Advocacy plays a vital role in shaping policies that impact manufacturers and exporters. Has MANEG actively advocated for favourable policies and conditions for its members? And what is the plan under your tenure?

     Certainly, we are actively engaged in advocating for favourable policies on behalf of our members. In pursuit of our goal to achieve a projected 25 per cent annual growth, we recently collaborated with the National Institute for Policy and Strategic Studies (NIPSS) on a 3-day brainstorming session in Kuru. This partnership took place from August 28 to September 1, 2023.

     MANEG’s advocacy initiatives encompass a broad spectrum of objectives, including the promotion of better infrastructure, streamlined regulations, reduced trade barriers, improved access to foreign exchange markets, and enhanced financing opportunities. The recent disbursement of Export Expansion Grant to over 200 exporters was due to the consistent work of MANEG and some other stakeholders. MANEG’s advocacy has also helped to resolve several concerns regarding the implementation of the ECOWAS Trade Liberalisation Scheme and trade facilitation generally.

    Read Also: My ambition now is supporting Tinubu to succeed – Yahaya Bello

     During my tenure, working together with the Exco and other members of the group, we aim to expand our influence in the public sphere, engage in greater advocacy activities, work with the government in connection with the AfCFTA, secure additional incentives for members and work with other stakeholders to reduce the difficulties of doing business in Nigeria. We will build strong relationships with key government stakeholders through regular interactions and presentation of data-driven proposals that highlight how policies enhance or impede the export environment.

     Nigeria has a diverse range of products with export potential. How does MANEG plan to tap into these opportunities and assist manufacturers in successfully penetrating international markets?

     Policy advocacy will remain integral, as MANEG works with governmental bodies to create a favourable regulatory environment and eliminate trade obstacles. We plan to leverage both traditional media and digital platforms to share our success stories, industry insights, and the incredible potential of Nigerian exports. Public seminars and workshops will also play a key role. Equally important is our drive to strengthen ties with individual members of the group. They understand the terrain extremely well and are in a great position to steer MANEG in the right direction. Our members are very important to us and we will let them guide us as often as possible. We will also provide members with insight that we gather so that we have the required synergy to meet our objectives.

     In your opinion, what are the critical challenges facing Nigerian manufacturers and exporters today, and how does MANEG address these challenges?

     Challenges include lack of adequate infrastructure, in terms of roads, electricity, and affordable funding. Clearing goods at the port takes on average 20-30 days, with the risks of demurrage. There are lots of duplicity of roles where govt agencies are concerned which slows down the process.

     There is also the issue of rejection of Made in Nigeria goods by other countries, which I think with better collaboration led by the govt agencies such as SON, would go a long way to facilitate and ensure that the Nigerian exporter is fully informed and educated about the requirements for goods leaving the country to a destination market. Another issue has to do with the challenges of processing ETLS, this is the scheme that allows for free movement of goods within ECOWAS. There are a lot of bottlenecks such as certificates from Nigeria not being uploaded on time or accepted by some francophone countries. Again, there exists an opportunity for the ECOWAS desk and Customs to work closer together across countries to address this better.

     MANEG, sees these challenges as an opportunity for better collaboration and education with all relevant stakeholders, with a view to getting Made in Nigeria products on the global market, thereby creating jobs for Nigerians and generating FX income which Nigeria desperately needs now.

    Communication is key to spreading awareness. What are the platforms MANEG leverages, and how will this evolve under your leadership to reach a broader audience and garner more support?

     In driving the growth of the Non-Oil Export sector and improving foreign exchange earnings for the country, MANEG continues to put structures in place to support exporters across Nigeria to improve their competitiveness in the global market. MANEG does this through educational programmes, linking exporters to critical stakeholders and bringing them into the larger ecosystem.

     To achieve this, MANEG is recalibrating its online and digital presence in line with best practices. One of the key components of this effort is the enhancement of MANEG’s website, which will highlight the brand and brand message more effectively, while also providing a cohesive and consistent user journey and experience. MANEG will also seamlessly integrate the website with a community platform where members can digitally connect and enjoy the full benefits of the MANEG membership. The new digital positioning will also come with a stronger communication and engagement framework including articles, blogs, and up-to-date information sharing, as well as full integration with its social media presence. This is necessary to give the MANEG members a sense of connection with the brand, with themselves and the larger ecosystem.

    The improved brand positioning will set the tone for strategic partnerships with relevant stakeholders in the public, private and international space, which is one of the pillars of MANEG’s impact in Nigeria. These partnerships will give MANEG a stronger foothold that will translate to value for its growing member base.

     For a strong body like MANEG, the stakes are higher especially now that the country is repositioning itself for economic prosperity. With very clear targets, stronger collaborations, and speed of execution, the next 12-24 months and beyond will see MANEG with a base of over 1,000 members, and a self-sustaining model.

    Could you share some insights into the strategic partnerships or collaborations that you envision MANEG forming to amplify its influence and reach?

     We’re exploring joint events, sharing resources, and forming task forces to address sector-specific challenges. International partnerships are essential. We’ll organize trade missions, forge alliances with foreign trade bodies, and create avenues for global investors to engage with the Nigerian manufacturing sector.

     Presently, we are improving our relationships and interactions with relevant stakeholders in government such as the Presidency, Federal Ministry of Industry, Trade and Investment, Ministry of Foreign Affairs, Nigerian Export Promotion Council, Nigerian Customs Service, Standards Organisation of Nigeria, NAFDAC, the Central Bank of Nigeria, etc. We are also reaching out to Organised Private Sectors such as the NESG, NECA, AFBTE, various Chambers of Commerce and Industry, etc. We expect to meet each of these stakeholders in the coming weeks and months.

     What message do you have for the Nigerian business community, prospective MANEG members, and government stakeholders as you embark on this transformative journey with MANEG?

     This journey is about belief, transformation, unity, and progress. MANEG’s transformative path will yield enduring benefits for us all and we invite other exporters to join us. With the right partnerships, we can confidently navigate the export landscape and achieve success. To manufacturers, members, and other stakeholders, I say this: together, we’re embarking on an exciting journey of growth. I am filled with optimism and belief that we can drive positive change for the non-oil export sector and MANEG is very open to working with all well-meaning stakeholders.

  • An appraisal of cashless policy in Nigeria

    An appraisal of cashless policy in Nigeria

    • By Musa Wada

    The Central Bank of Nigeria, CBN, has has in the last decade introduced several initiatives with the objective of promoting digital payments and transit Nigeria from a cash-dependent economy to a cashless society. Thus, in 2012 the apex bank made a significant milestone with its digital payments directive. The directive required financial institutions to increase their investment in digital payment infrastructure, promote digital payments among their customers, and work with the CBN to develop a strong regulatory framework.

    This initiative aimed to modernise the financial sector, increase transparency, and enhance efficiency in the economy. This occasioned a range of achievements, namely, the expansion of financial access points such as automated teller machines (ATMs), point of sale (PoS) terminals, mobile cash (mCash) facilities, as well as the proliferation of e-payment platforms, and a significant increase in the adoption of electronic channels.

    The apex bank said, “Our economy uses too much cash for transactions for goods and services, especially for buying and selling. This is not how it is done in other progressive countries of the world where there are other payment options like debit and credit cards, bank transfers, bank direct debits, Automated Teller Machines (ATMs), and even mobile phone money.”

    Consequently, on December 21, 2022, the apex bank announced an upward review of its cash withdrawal policy across all payment channels by individuals and corporate organisations. Effective January 9, 2023, individuals and corporate entities can withdraw a maximum of N500,000 and N5 million, respectively, on weekly basis compared to N100,000 and N500,000 which was previously announced on December 6, 2022.

    The bank said in compelling circumstances where cash withdrawal above the limit is required for legitimate purposes, such request shall be subject to a processing fee of 3 per cent and 5 per cent for individuals and corporate organisations, respectively.

    The new policy on cash-based transactions seeks to reduce the amount of physical cash circulating in the economy, and not to eliminate it – as well as to encourage more electronic-based transactions in the payments for goods, and services among others.

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    The bank maintained that an efficient and modern payment system is positively correlated with economic development and is a key elixir for economic growth.

    The cashless policy will cut the cost of banking services including the cost of credit and drive financial inclusion by providing more efficient transaction options and greater reach; improve the effectiveness of monetary policy in managing inflation and driving economic growth.

    It will also provide increased convenience and more service options for consumers and reduce the risk of cash-related crimes, particularly banditry, ransom taking and terrorism financing as well as provide cheaper access to banking services and access to credit.

    The policy has helped to control inflation, create faster access to capital, reduce revenue leakage, and cash handling costs while the government will enjoy increased tax collections, greater financial inclusion, and increased economic development. Insecurity and high profile corruption have been drastically reduced.

    In a complementary gesture, the Nigerian Financial Intelligence Unit (NFIU) recently unveiled new guidelines aimed at mitigating money laundering, terrorist financing, and proliferation of weapons, among others.

    The Enforcement, Guidelines, and Policies for Mitigation of Money Laundering, Terrorist Financing, Proliferation of Weapons and Prevention of Predicate Crimes which became effective on March 1, 2023, restricts cash payments of a sum exceeding N5 million (or its equivalent) for individuals, and N10 million or its equivalent for a body corporate.

    Section 19 of the MLPPA, 2022 imposes a fine of at least N10 million or imprisonment for a term of at least three years (or both), in the case of individuals; and a fine of N25 million in the case of a body corporate. Section 26 of POCA, 2022 makes provision for the seizure and detention of cash over the prescribed amount under the law.

    The framework allows for the discontinuation of cash withdrawal in Naira and foreign denominations from public accounts at federal, state, and local government levels were in compliance with its statutory responsibility under Section 3(1) a – s and Section 23 (2) a of the NFIU Act, 2018, and other provisions under the MLPPA, 2022.

    According to the NFIU, “Civil servants are becoming more and more vulnerable to money laundering and its predicate offences due to their exposure to cash withdrawals from public accounts”.

    Evidently, the cashless policy remains popular with Nigerians who believe that the initiative would plug leakages in the administration of public resources and well as help to win the fight against corruption which is endemic in the country. The only obstacle to the policy is the privileged and corrupt elite who want to continue to take undue advantage of the system to enrich themselves to the detriment of vulnerable Nigerians.

    The vision of a cashless society, while ambitious, does hold the potential to bring about a range of benefits for the country and its people if implemented correctly. These transformations in the financial landscape have significant effects on the government, businesses, and society at large.

    As the world becomes increasingly reliant on technology, the traditional way of doing business is no longer feasible. A cashless society offers a more convenient and secure alternative to physical cash. The benefits are numerous, from faster transactions to reduced costs and risks associated with physical currency, such as theft and fraud.

    Despite the challenges, the push by the CBN to modernise the country’s financial system to enable individuals and businesses enhance their financial efficiency and security is commendable. This will pave the way for new innovations from digital payment providers and encourage financial inclusion. As Nigeria continues to embrace the shift towards digital payments, it is vital that all stakeholders work together to ensure a seamless transition and maximize the benefits that a cashless society can offer.

    While congratulating Dr Yemi Cardoso for his nomination by President Bola Ahmed Tinubu as the new governor of the CBN, it is expedient to advise him on the need to engender the trust of the people as it unfolds its cashless policy directives. The apex bank should step financial literacy, advocacy, and enlightenment campaign in order achieve 100 percent cashless economy for inclusive growth and development of Nigeria.

    •Wada writes from Abuja

  • On Nigeria’s infrastructural challenge

    On Nigeria’s infrastructural challenge

    Nigeria like most third world countries has for long been immersed in an infrastructure conundrum. Successive governments since the nation’s independence have attempted through numerous policies to rectify such and remove the nation from the pedestal of infrastructural deficiency. Now, despite all these and the promises of the infrastructural Eldorado as promised by both military and civilian administrations the Nigerian infrastructural base or portfolio which includes  and covers several critical sectors such as  road networks, agriculture, healthcare, financial infrastructure, technology, innovation, and power remain largely unimpressive which has impacted on the growth and development of the economy.

    Nigeria roughly requires three trillion dollars over the spate of thirty years to successfully lift itself from such a conundrum, bridging the gap and leapfrogging the Nigerian economy unto the paths nations like the United States, China France, Germany, Japan and the United Kingdom are presently on.  Haven missed past opportunities to meet our infrastructural needs, owing to the trifecta  evils of corruption and mismanagement of the economy, (that Raila Odinga story, “100 percent here” readily comes to mind) and models of infrastructural frameworks,  Nigeria now grapples with the consequences of such; consequences for businesses, travelers,  workers and even the government. At a point where countries like China have immensely invested in a number of infrastructural. projects, including it’s flagship  global infrastructure project, known as the Belt and Road Initiative and where the likes of the United States of America under President Biden have sought to reinvent the quality of infrastructure in the US, with both enabling each nation  to expand their nation’s economic influence across the world, Nigeria cannot be found wanting if it must take it’s place as the Giant of Africa.

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    Nigeria, similar to a number  of  other infrastructural advanced nations such as Canada, France, and the United Kingdom have attempted to establish their  infrastructure frameworks via their central governments which has directed  and delivered on such projects, now while these countries have achieved success using such a model, the Nigerian nation has conversely experienced otherwise, with it’s  infrastructure stock standing at  25% of  it’s GDP.

    Some readers may readily  scoff at my comparison with the aforementioned, arguing that these nations have long been in existence before the Nigerian nation and thus serve as a poor benchmark for comparison! What then would these persons say when I also note that the likes of Tunisia, South Korea,, Morocco , Bostwana and Namibia, nations that are largely our peers  outrank our nation in terms of infrastructure too.

    What however should be of immense importance to us is how do we as a people improve on our infrastructural base? How do we as a nation fashion sustainable policies capable of providing long term finance for our infrastructural development. This is because relying alone on either the federal, state or local government levels of government to foot the $3 trillion dollar deficit is indeed a tall order as even today’s modern economies are now relying on the use of mostly private capital to support infrastructure investment

    which in turn creates the much needed multiplier effect  across critical sectors.

    Poor economic growth, poor revenue returns have caged the government’s ability to do such 

    This is not to say that the three levels of government should readily shirk from their responsibilities. However, these levels of government with the increase in funds at its avail can utilize more funds for infrastructural development , getting returns on such investments via introducing user fees, tolls etc.

    Asides the direct interventions by government the grafting of private sector capital as I earlier stated can also help trim such a deficit. Employing funds from this sector would  speedily foster economic activities and inclusive growth.

    Thus interventions such as that of InfraCO and the Nigerian Sovereign Investment Act, NSIA may be game changers .

    InfraCo with a plan to attract N15 trillion in it’s kitty will surely halve the nation’s infrastructure deficit  through Public Private Partnership (PPP).

    InfraCO, which is the collaboration between the Federal Government through the Central Bank of Nigeria (CBN) and the NSIA on one hand and the African Finance Corporation, AFC may be Nigeria’s best option at using the private sector to meet such targets.

    While it is still too early to access the performance of InfraCo, it is yet important to be moderate in our expectations given the introduction of previous policies under the past administration which largely failed to address the desired targets.

    Examples include the Road Trust Fund (RTF) that was signed in 2017 and the Executive Order 007 in 2019 on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

    There are a number of reasons for such failures: for example, the RTF failed largely because the participation of the private sector  was limited due to the poor percentage of cost that could be recovered by such private players.

    Such, I believe will not be the fate of InfraCo which seems to have dotted it’s I’s and crossed it’s T’s.

    The nation has no business being 24th of the 59 African nations in terms of infrastructure!

  • Rep: she is a rare gift to Nigeria

    Rep: she is a rare gift to Nigeria

    Member representing Bichi Federal Constituency of Kano State, Abubakar Bichi, has described the First Lady, Senator Remi Tinubu, as a rare gift to Nigeria.

     The  Chairman of House Committee on Appropriations, in a message to the First Lady on her 63rd birthday yesterday, described her as the mother of the nation, a virtuous and upright woman, and exceptional wife and mother.

     He said she is a consummate leader, teacher, philanthropist, and fervent preacher of the gospel who has distinguished herself in all endeavours.

    Read Also: APC eulogises First Lady at 63

     “In a world of constant change, she remains a steadying presence and a source of comfort and pride for generations of Nigerians.

      “Her steadfast stewardship in Africa’s biggest democracy has made the nation better and more prosperous through war and peace, times of adversity, and times of prosperity.

     “Her life has been a gift, not just to Nigeria, but to the world, breaking many barriers for women and setting a perfect example for young girls to say, ‘I really can be anything I want to be.’

     “As a wife and mother, she is a beacon of support to her husband, family, and everyone around you. We could not ask for a better First Lady at this time,” he said.

  • Rep pledges commitment to Nigeria, people

    Rep pledges commitment to Nigeria, people

    House of Representatives member from Esan North East/South East Federal Constituency in Edo State, Odianosen Okojie, has said he is committed to the service of his country and people

       The lawmaker, who chairs  Committee on Petroleum Resources (Midstream), noted  he is addressing the needs and concerns of his people.

     Speaking on his first 100 days, Okojie said on resumption in office in June, he hit the ground running with facilitation of projects and programmes.

     He said his passion for Nigeria and constituents made him, in such a short time, initiate bills, motions, projects and programmes facilitation, oversight functions and committee activities for the love of humanity.

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     “This being my first tenure as a parliamentarian and my first 100 days in office, my presence, articulate and effective representation has also attracted the respect, cooperation and recognition of my colleagues across party and ideological lines,” he said.

    He stressed he was committed to improving life for his constituents with their support and valuable engagement.

     “I am sure together; we can achieve even greater milestones in future. I want to assure you that I am committed to maintaining open lines of communication with you. We will provide regular updates through constituency briefings and online feedback on how we can better represent your interest,” he said.

  • Nigeria loses $1.5b of GDP to malnutrition

    Nigeria loses $1.5b of GDP to malnutrition

    The Federal Government is worried that Nigeria is losing $1.5 billion of its Gross Domestic Product (GDP) yearly due to  lack of essential nutrients in the diet of the citizens.

    As a result of this problem, the government is bothered that malnutrition can severely impact the economy by hindering human capital development and reducing productivity.

    Also, due to the economic impact of the COVID-19 pandemic, particularly on the poorest and most vulnerable households, it has become even more difficult to afford sufficient and nutritious food.

    To combat malnutrition, the Federal Government has initiated coordinating efforts through the Federal Ministry of Budget and Economic Planning to respond swiftly with expected positive outcomes.

    The Minister for Budget and Economic Planning, Abubakar Bagudu, made this known  at the 53rd Annual General Meeting and Scientific Conference of the Nutrition Society of Nigeria (NSN) in Abuja.

    Bagudu noted that the government is determined to tackle malnutrition through the inclusion of nutrition in the National Development Plan (NDP 2021-2025) as well as “The Nigeria Agenda 2050”.

    According to him, “it is also a commitment to achieving optimal nutrition status for all Nigerians with particular attention to the vulnerable group as highlighted in the National Multi-sectoral Plan of Action for Food and Nutrition (NMPFAN 2021-2025)”.

    The minister then urged experts in nutrition in the country to research and come up with innovations that will boost nutrition.

    These innovations and research, he said will contribute towards achieving Sustainable Development Goals (SDGs), ensure Universal Health Coverage, and bring about significant positive changes in the nutrition sector in Nigeria.

    Read Also: Nigeria losing $1.5bn of GDP to malnutrition, says FG

    By prioritizing innovation and research, the government wants to find new and improved ways to address nutritional challenges and promote the well-being of the Nigerian population.

    He told members of the NSN “to prioritize innovation and research in the field of nutrition towards the attainment of SDGs, Universal Health Coverage and transformation of the landscape of nutrition in Nigeria”.

    Bagudu said: “Nigeria currently requires Nutrition professionals who have extensive knowledge, good communication skills to address nutrition education, emotional intelligence as well and a good understanding of self-motivation and drive to address nutrition dynamics.” 

    He told the leadership of NSN to embrace technology, leverage digital solutions, and invest in research and development to find sustainable and scalable solutions to Nigeria’s nutrition challenges.

    Bagudu said he was confident that “through collective efforts, we can improve nutrition leadership and workforce capacity, paving the way for improved health and development in Nigeria. 

    Members of the NSN, the minister noted, “are part of a community that is uniquely positioned to lead the charge in addressing our nation’s nutritional challenges”.

    Bagudu assured members of the NSN that the ministry will “strengthen coordination and provide the required leadership for the nutrition sector”.

     “To effect meaningful change, we must strengthen not only our understanding of nutrition but also our leadership in this field and the capacity of our workforce. It is a call to action for all of us to rise to the occasion, to assume leadership roles, and to equip ourselves with the knowledge and skills needed to drive real change,” he said.

    In his goodwill message, the Governor of Kwara State, AbdulRahman AbdulRasaq said the Nigerian Governors’ Forum (NGF) has identified areas of key commitments for the realization of a healthier citizen and country including increasing budgetary spending on nutrition and strengthening the nutrition profile.

    He disclosed that the NGF has resolved to resuscitate the state committee for food and nutrition for effective food nutrition across the country in addition to developing sectoral plan actions of food and nutrition in line with the national plan, among others.

    NSN President, Prof Wasiu Afolabi commended the Federal Government for granting a Presidential directive for the creation of a Nutrition Department in line with Ministries and Agencies of Government as well as ensuring the nutrition budget and appropriation in 2023.

  • Nigeria losing $1.5bn of GDP to malnutrition, says FG

    Nigeria losing $1.5bn of GDP to malnutrition, says FG

    The federal government is worried that Nigeria is losing $1.5 billion of its GDP every year due to the lack of essential nutrients in the diet of the citizens. 

    As a result of this problem, the federal government bothered that malnutrition can severely impact the economy by hindering human capital development and reducing productivity.

    Due to the economic impact of the COVID-19 pandemic, particularly on the poorest and most vulnerable households, it has become even more difficult to afford sufficient and nutritious food.

    To combat malnutrition, the federal government has initiated coordinating efforts through the Federal Ministry of Budget and Economic Planning to respond swiftly with expected positive outcomes.

    The minister for Budget and Economic Planning, Abubakar Bagudu made this disclosure while speaking at the 53rd Annual General Meeting and Scientific Conference of the Nutrition Society of Nigeria (NSN) in Abuja.

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    Bagudu noted that the government is, determined to tackle malnutrition through the inclusion of nutrition in the National Development Plan (NDP 2021-2025) as well as “The Nigeria Agenda 2050”.

    According to him, “it is also a commitment to achieving optimal nutrition status for all Nigerians with particular attention to the vulnerable group as highlighted in the National Multisectoral Plan of Action for Food and Nutrition (NMPFAN 2021-2025).”

    The minister urged experts in nutrition in the country to research and come up with innovations that will boost nutrition. 

    These innovations and researches the he said will contribute towards achieving Sustainable Development Goals, ensure Universal Health Coverage, and bringing about significant positive changes in the nutrition sector in Nigeria. 

    By prioritizing innovation and research, the government wants to find new and improved ways to address nutritional challenges and promote the well-being of the Nigerian population.

    He told members of the Nutrition Society of Nigeria “to prioritize innovation and research in the field of nutrition towards the attainment of Sustainable Development Goals, Universal Health Coverage and transformation of the landscape of nutrition in Nigeria”.

    Bagudu stated that “Nigeria currently requires Nutrition professionals who have extensive knowledge, good communication skills to address nutrition education, emotional intelligence as well and a good understanding of self-motivation and drive to address nutrition dynamics.”

    He told the leadership of NSN  to embrace technology, leverage digital solutions, and invest in research and development to find sustainable and scalable solutions to Nigeria’s nutrition challenges.

    Bagudu said he was confident that “through collective efforts, we can improve nutrition leadership and workforce capacity, paving the way for improved health and development in Nigeria.  

    Members of the Nutrition Society of Nigeria the minister noted “are part of a community that is uniquely positioned to lead the charge in addressing our nation’s nutritional challenges”.

    Bagudu assured members of the NSN that his ministry will “strengthen coordination and provide the required leadership for the nutrition sector”. 

    He said: “To effect meaningful change, we must strengthen not only our understanding of nutrition but also our leadership in this field and the capacity of our workforce. It is a call to action for all of us to rise to the occasion, to assume leadership roles, and to equip ourselves with the knowledge and skills needed to drive real change.”

    In his goodwill message, the Governor of Kwara State, AbdulRahman AbdulRasaq said the Nigerian Governors’ Forum, NGF has identified areas of key commitments for the realization of a healthier citizen and country including increasing budgetary spending on nutrition and Strengthening the nutrition profile.

    He disclosed that the NGF has resolved to resuscitate the state committee for food and nutrition for effective food nutrition across the country in addition to developing sectorial plan actions of food and nutrition in line with the national plan, among others.

    The president of Nutrition Society of Nigeria, Prof Wasiu Afolabi during his address, commended the federal government for granting a Presidential directive for the creation of a Nutrition Department in line with Ministries and Agencies of Government as well as ensuring the nutrition budget and appropriation in 2023.

  • Nigeria should rebrand social relief efforts, says expert

    Nigeria should rebrand social relief efforts, says expert

    Chief Executive Officer of Africa Development Study Centre (ADSC),  Victor Walsh Oluwafemi, has given reasons why President Bola Tinubu should rebrand social relief efforts from palliative to social interventions.

     In an open letter to the President, entitled: Rebranding Nigeria’s Social Relief Efforts: Why We Must Shift from “Palliative” to “Social Interventions,” he emphasised the paradigm shift to social interventions from palliatives.

    He said: “Change is inevitable, but progress is intentional. In Nigeria, we have seen progress in political and economic reforms, particularly with the visionary leadership of President Bola Tinubu.

    ” Yet, one area we can do better is how we label social and economic relief efforts.

    “Palliative” has become synonymous with government and non-government programmes of short-term relief.

    “Unfortunately, this encourages a transient mindset, suggesting these efforts are stop gaps and not part of a broader, strategy for improvement.

    “This mindset is dangerous because it can deter long-term investments, intellectual and financial, needed to address complex social issues.”

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    Urging Nigeria to rebrand, Oluwafemi added: “Social Interventions” are not just a replacement term but a paradigm shift.

    “Unlike “palliative,” which implies a temporary measure, “Social Interventions” infuse our social and economic relief programmes with a sense of permanence and strategy. This change in nomenclature can stimulate a shift in mindset from band-aid solutions to long-term planning and implementation.

     “The call to change our vernacular resonates with President Tinubu’s transformative economic initiatives. Since taking office, the President has been a beacon of progressive change. From lifting the visa ban with UAE to encouraging foreign investments, President Tinubu’s economic policies aim for robust, sustainable growth. It is imperative that our social programmes, and the language we use to describe them, align with this vision for a more prosperous Nigeria.

     “To bring about this critical change in discourse, I urge policy makers, non-government organisations, and civil society groups  to adopt “Social Interventions” as  the norm. The Africa Development Study Centre will also be proactive in this regard by hosting workshops, seminars, and awareness campaigns to enlighten the public and stakeholders on the importance of this linguistic shift.

     “The task of repositioning Nigeria as a powerhouse of social and economic stability is colossal and cannot be accomplished by one individual or entity. It requires a collective effort. I call upon all stakeholders, including political parties, business leaders, and the general public, to join hands in this national rebranding effort. Support for President Tinubu’s economic initiatives must go hand-in-hand with an internal reevaluation of how we discuss and implement social change.

     “By embracing this new terminology, we can foster a mindset that is aligned with long-term solutions rather than quick fixes. Such a shift will not only be semantically significant but will also have tangible impacts on the effectiveness and reach of our social and economic programs.

     “As President Tinubu leads us towards a brighter economic future, let us also lead ourselves by being mindful of the language we employ, thereby enriching our national discourse and paving the way for a new chapter in Nigeria’s socio-economic story.”

  • Reflecting on a new Nigeria of time

    Reflecting on a new Nigeria of time

    The citizens of Nigeria have to begin to look out for a new Nigeria of time.  This is very possible.  Nigerians outside the shores of the country are well known for their daring exploits in arts, science, and technology. This country is blessed with uncommon, robust human capital. Therefore, there is no justification (despite the fierce neo-colonial machinations to contend with), to remain an underdeveloped country in the 21st century. The great people of this country have the capacity to change the current ugly narrative, largely through the lens of sophisticated philosophisation and determination. No excuses any longer!

    Nigerians need to appreciate the fact, that time, the greatest discovery of modern science, is a constituent of everything we do or say.  By this token, Nigeria with a wide range of sensitivities, challenges, and possibilities is a world away from a fundamentally changeless or static socio-terrestrial configuration. This is defined and ruled by crises of humongous proportions. Nigerians should learn to say good bye to the culture of unfettered antagonism and immaturity between the leaders and the ordinary people.  This does not mean that the led should keep quiet in the face of bad governance basically traceable to monumental political and economic corruption. In other words, our criticisms must be enshrined in fairness and/or keen judgement as opposed to emotion.  Progressive opposition is central to a healthy democratic culture. Painfully, Nigeria is still failing in this context, due to an absence of unalloyed patriotism among other factors.

    The Nigerian leadership class has to be ready to generate new hypotheses, test them, and even challenge old assumptions or conventional wisdom, whenever the need to do so arises.  This is critical to sustainable socio-economic development still elusive in the extreme in the country. Thus, for example, does Nigeria need the current form of democratic system, with the federal lawmakers feeding very heavily on our commonwealth? What is the justification for spending so much money on running the federal legislature with very little practical gains? Why is it difficult to make it, a part-time affair? It was not a full-time legislature during the first republic. Is today’s National Assembly not a near-complete drain pipe of our national resources?

    Are the two chambers of the federal legislature not becoming a retirement home for some former governors?  Surprisingly, some of them are having serious financial cases hanging on their necks.  Mediocrities are having a field day! Politics is the most lucrative business in Nigeria. The gods are angry with Nigeria- a geo-polity, so blessed and yet so disorientated and poor.

    PBAT as an apostle of hope and progress needs to look into this all-important subject. There is no way he would not step on certain large, but diseased toes in order to become Nigeria’s Nelson Mandela. The masses would support the president if he could take his courage in both hands. The followers would begin to trust the political leaders if they could desist from their traditional, hedonistic/selfish lifeways. It is most disturbing that our leaders do not empathise with the led, who are agonising and dying daily as a result of unprecedented, dire material poverty and insurgency. The three arms of government-executive, legislature, and judiciary cannot afford to be going in different directions, under the guise of separation of power or democratic freedom. They must learn to work together for the common good. This means that they should stop blocking their ears with cotton wool, because all of us are members of the Homo sapiens family. They are not super humans from another planet.

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    It is pertinent to note here, that the petrol subsidy removal was a good, inevitable policy, understandably because of the huge fraud involved during the pre-Tinubu era. Petrol subsidy was promoting an unhealthy, ruthless form of capitalism. But despite the good intentions of the General Officer Commanding (GOC) to engender economic development and sanity in the country, there are a few fundamental challenges he has to quickly address. In this connection, there is need to develop new workable philosophies for cushioning the effects (of the subsidy removal) on the populace. This is a task that must be accomplished at all costs. Crime rate will get higher in the face of huge starvation and hopelessness. The full consequences are too monumental to be recounted here. In solving a set of problems, the government should avoid creating some unintended, ugly scenarios capable of seriously threatening the survival of Nigeria. Time is not a fixity!

    PBAT had told us that we should not pity him because of the daunting task of re-engineering Nigeria. However, he needs the good quality support of the led. Nigeria is a collective project!  For instance, our education and health sectors have to be thoroughly overhauled for optimal results. Currently, they are in a coma. Paying tuition fees in federal universities is most inescapable. No free lunch anywhere in the global village! State universities have been collecting tuition fees from their students over the years, and yet the heaven has not fallen. Luckily, the federal government has begun to craft appropriate platforms to help the very poor, but brilliant students. However, the pace must be quickened in order to catch up with the modern world of education and economic development. Paying miserable, punitive salaries/allowances to federal public academics is most unacceptable. This is our country, where the political leaders earn disproportionately humongous salaries and allowances. Such a development is a testament to the hypocrisy of the political class.

    Salute to the federal university lecturers for their uncommon commitment and passion for excellence, despite their unwarranted impoverishment by the Nigerian state and its ruthless agents!  Despite the harsh socio-economic environment, Nigerian graduates pursuing their higher degree programmes abroad, remain a force to reckon with. For instance, recently a few first degree graduates from the Department of Archaeology and Anthropology in the University of Ibadan got teaching and/or cultural heritage management positions in such places as UK and the US. This was due to their outstanding academic performances in these foreign schools.  These young Nigerians are some of the unsung heroes or ambassadors of our country. They were taught and mentored by the unbelievably maligned ASUU members. The good quality training goes on, up to now. This is a reflection of unalloyed patriotism.

    Given the above scenario, I want to humbly appeal to the “Jagaban of Africa” who now doubles as President of Nigeria, to use his good offices to pay the seized salaries of federal university academics and non-academics alike, during the last industrial action. We are all together, despite the seemingly intractable problems of the various stakeholders. It is time to remember, that the Nigerian problems can only be successfully addressed by the citizens (imbued with nationalistic tendencies), and not foreign partners.

    In my opinion, ASUU, SAANU, NASU, and the much maligned NLC as well as federal government should be partners in progress despite their ideological differences.  A new Nigeria of our dreams can only be crafted through superb networking/cooperation as opposed to unhealthy rivalries and shameless showmanship for national supremacy.

    •Prof Ogundele is of Dept. Archaeology and Anthropology, University of Ibadan.