Economy

LCCI to engage VP Osinbajo in virtual presidential policy dialogue

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The Lagos Chamber of Commerce and Industry (LCCI) said on Tuesday that it had concluded plans to host virtual Presidential Policy Dialogue, futuring Vice President Yemi Osinbajo as the Keynote Speaker.


Dr Muda Yusuf, LCCI’s Director-General, said in a report that the dialogue scheduled to hold on Friday, would deliberate on the state of the economy and public policy initiatives.

He said it would also focus on regulatory issues and their effects on the business environment as the UN Deputy Secretary-General, Dr Amina Mohammed, would also make remarks at the session.

“As part of its public sector engagement programmes, the Lagos Chamber of Commerce and Industry initiated the “Presidential Policy Dialogue” to create a platform for the organised private sector and the Federal Government to deliberate on issues pertaining to the state of the economy.

“The 2020 edition of the event is expected to bring together key government officials and major players in the organised private sector spanning various sectors of the economy.

“The dialogue session would also explore collaboration possibilities and synergy between the private sector and the government,” he stated.

Yusuf said the forum would bring together, captains of industry, leaders of the private sector as well as members of the diplomatic corps.

He said that the stakeholders would deliberate on issues bothering on the economy and as they related to the mandate of the present administration in order to take it to the next level.

“The chamber believes that through engagements such as this, the government and the organised private sector can identify and address issues affecting the growth of our economy, with a view to proffering long-lasting solutions to them,” Yusuf  said.

Edited  by Vivian Ihechu/Ejike Obeta

https://nnn.ng/lcci-to-engage-vp-osinbajo-in-virtual-presidential-policy-dialogue/

Foreign

United States initiates ‘snapback’ process to reimpose sanctions on Iran – Pompeo

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The United States has initiated the so-called snapback process to restore almost all previously lifted UN sanctions against Iran, United States Secretary of State Mike Pompeo said in a statement on Saturday.


“Today, the United States welcomes the return of virtually all previously terminated UN sanctions on the Islamic Republic of Iran, the world’s leading state sponsor of terror and anti-Semitism,” Pompeo said.

He said the snapback of previously terminated UN sanctions became effective at 8 pm Washington time (0000 GMT).

Iranian Foreign Minister Mohammad Javad Zarif rejected the United States move, saying that the snapback mechanism and reimposed sanctions were invalid.

“This step is not supported by the UN Security Council because the United States is no longer in the nuclear agreement and accordingly no longer plays a role in UN resolution 2231,” Zarif said referring to the resolution in which the UNSC backed the Iran nuclear deal signed in Vienna in 2015.

The move by Washington was merely a “propaganda trick” ahead of the United States election, Zarif said on Iranian state television.

Washington’s plans to reimpose international sanctions on Iran have been met with overwhelming opposition from other countries.

Other members of the UN Security Council (UNSC), including key United States allies who are part of the 2015 Iran nuclear deal, have rejected Washington’s move and have vowed to ignore it.

Under the nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), Tehran limited its nuclear activities in return for sanctions relief.

“Sanctions are being re-imposed on Iran pursuant to the snapback process under UN Security Council resolution (UNSCR) 2231. On August 20, the United States notified the President of the Security Council of Iran’s significant non-performance of its JCPOA commitments,” Pompeo said in the Saturday statement.

“Virtually all @UN sanctions have returned on Iran, the leading state sponsor of terrorism and anti-Semitism.

“This includes a permanent extension of the arms embargo. This is great news for peace in the region!” Pompeo added on Twitter.

He later added that Washington would soon “announce a range of additional measures to strengthen enforcement of @UN sanctions on Iran.”

“Our maximum pressure campaign on the Iranian regime will continue until it stops spreading chaos, violence, and bloodshed,” he said.

United States special representative for Iran and Venezuela Elliott Abrams had already signalled Washington’s determination to reimpose sanctions on Tehran earlier this week.

The United States launched a formal bid in August to revive the UN sanctions under the “snapback” mechanism included in the Iran deal.

Those sanctions include the indefinite extension of an arms embargo that would otherwise expire in October.

But few countries believe Washington’s move is legal, as United States President Donald Trump unilaterally exited the JCPOA in 2018.

Washington said it would provide more information this weekend and next week on how the United States intended to enforce the global sanctions.

“In the coming days, the United States will announce a range of additional measures to strengthen implementation of UN sanctions and hold violators accountable,” Pompeo said in Saturday’s statement.

“Our maximum pressure campaign on the Iranian regime will continue until Iran reaches a comprehensive agreement with us to rein in its proliferation threats and stops spreading chaos, violence, and bloodshed,” Pompeo asserted.

Trump is likely to address Iran in his speech next week to the UN General Assembly’s largely online meeting of world leaders.

The stand-off between the United States and other member states over the issue threatens a diplomatic crisis at the world body.

Edited By: Emmanuel Yashim
Source: NAN

https://nnn.ng/united-states-initiates-snapback-process-to-reimpose-sanctions-on-iran-pompeo/
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Foreign

NIDO-Ghana plans webinar to mark Nigeria’s 60th independence anniversary

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The Nigerians in Diaspora Organisation (NIDO), Ghana chapter, said on Saturday that it would organise a webinar as part of events to celebrate Nigeria’s sixtieth independence anniversary.


Mr Elija Iposu, Public Relations Officer of NIDO-Ghana, disclosed this in a telephone interview with the News Agency of Nigeria .

Iposu said the event would be organised by NIDO-Ghana in collaboration with a Ghana-based private firm, Diplomats Extra and Milestone Communications.

According to him, the webinar, which will hold on Oct. 2, is a virtual ceremony with Zoom ID: 742450910 and the title: ’60 years of Ghana-Nigeria diplomacy’.

Prof. Bola Akinterinwa, former Director-General Institute of International Affairs, and Amb. Bulus Lolo, former Permanent Secretary of Ministry of Foreign Affairs, Nigeria are among high-ranking personalities expected to participate in the event.

Some other expected guests are Mr Oluwaseyi Adeyemi, Publisher, Inside Watch Africa Magazine, Mr Emmanuel Bombande, UN Senior Mediation Advisor, Prof. Baflour Agyeman-Duah, former UN Special Governance Advisor and Affail Monney, President Ghana Journalists Association.

NAN reports that  President Muhammadu Buhari on Sept. 16, unveiled the logo and theme for the 60th independence anniversary celebration.

He said that the celebration would be observed for a whole year, to end on Sept. 30, 2021 and would be muted due to the coronavirus pandemic.

FEA/

Edited By: Emmanuel Yashim
Source: NAN

https://nnn.ng/nido-ghana-plans-webinar-to-mark-nigerias-60th-independence-anniversary/
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Defence/Security

Banditry: Lawmaker urges FG to deploy more security to Sokoto

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A Member of the House of Representatives, Alhaji Yusuf Kurdullah has urged the Federal Government to deploy more security personnel to Gudu and Tangaza Local Government Areas of Sokoto State to protect residents from recurring attacks by bandits.


Kurdullah who was reacting to the recent attack by bandits at Gidan Madi in Tangaza LGA, made the call while briefing newsmen in Sokoto on Saturday.

News Agency of Nigeria recalls that the Police had confirmed the death of a Divisional Police Officer and an Inspector during the Gidan Madi attack by bandits dressed in military uniform.

The police also said about 100 gunmen attacked the town.

The lawmaker who represents Gudu/Tangaza Federal Constituency, said that the bandits had in recent times, also attacked many villages and towns in the two local government areas, where a number of innocent citizens were kidnapped or brutally killed.

He however, commended the dedication of security personnel on ground, but said more should be deployed to save the people from further attacks.

Kurdullah pledged to support all efforts to ensure the security of lives and properties, not only in the area but across the country.

He urged people of the area to remain law abiding and support security agencies with useful information to help in restoring peace and stability in the area.

Edited By: Maharazu Ahmed
Source: NAN

https://nnn.ng/banditry-lawmaker-urges-fg-to-deploy-more-security-to-sokoto/
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COVID-19

COVID-19: Lagos govt reopens cinemas, gyms

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The Lagos State Government on Saturday permitted the reopening of cinemas and gyms, with a maximum of 33 per cent occupancy.


Gov. Babajide Sanwo-Olu said this during the 18th update on the management of coronavirus in the state.

Sanwo-Olu said that in October, the state government would announce the decisions regarding the reopening of other sectors of the economy.

”Dear Lagosians, henceforth, cinemas and gyms are permitted to reopen as soon as possible, with a maximum of 33 per cent occupancy.

”This means that there must be a minimum of two empty seats between occupied seats; and in the case of gyms, there must be constant disinfection of machines and equipment throughout the course of the day.

”Next month, October, we will announce the decisions regarding the reopening of other sectors of the economy: night-clubs, bars, event centres, spas, public parks and so on.

”For now, these will continue to remain closed, until fixed plans for reopening are announced in October 2020,” he said.

Accordings to him, places of worship are also permitted, while the mosques to resume their five times a day prayers; the churches are permitted to resume their mid-week services.

”We must not forget that the coronavirus pandemic is still very much with us, and we must therefore strive to prioritise the safety of all our children, teachers, parents, and the entire society.

”All of these resumption guidelines and protocols must be strictly adhered to by the various stakeholders,” he said.

Sanwo-Olu said that the state government was committed to continuing the maintenance of a balance between the safety of lives and the sustenance of livelihoods.

He said that the state would continue to make adjustments as required, but the gradual resumption of social, educational and economic activities must never be taken as an excuse to let down the guard against the pandemic.

According to him, some parts of the world are seeing a resurgence of infections, and rising possibilities of the kind of hard lockdowns being experienced a few months ago.

”Let me make it clear that if we do not continue to maintain our guard, and sustain the adherence to all required protocols and guidelines, we will find ourselves in a situation where fresh lockdowns are inevitable.

”The only way to avoid this is to continue to act responsibly: maintain the required levels of hygiene, through regular handwashing and use of sanitisers, wear masks in all public places, avoid non-essential public gatherings, and maintain the prescribed levels of physical distancing at all times,” Sanwo-Olu said.

Edited By: Tayo Ikujuni/Wale Ojetimi
Source: NAN

https://nnn.ng/covid-19-lagos-govt-reopens-cinemas-gyms/
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