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  •  President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development NIFF on the sidelines of the 77th United Nations General Assembly in New York Speaking at the event the president s media aide Mr Femi Adesina quoted the Nigerian leader as saying For Nigeria and indeed Africa as a whole achieving the SDGs will mean ending poverty and hunger safeguarding our ecosystem and the planet and ensuring our people live in peace and prosperity by the year 2030 While stressing the importance placed by the present administration towards achieving this Buhari said It is pertinent to state that achieving inclusive broad based and sustainable development is a cardinal objective of our administration It is for this purpose that the Federal Government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria The Office of the Senior Special Assistant to the President on SDGs has continued to provide technical leadership in the operations of the SDGs at all levels of governance in Nigeria He expressed delight that the process leading to the NIFF which started in 2020 finally crystalised into Friday s memorable activity Today s event marks the end of a long process which began in 2020 when the Steering Committee and the Core Working Group on Nigeria s Integrated National Financing Framework were inaugurated The Integrated National Financing Framework has been developed to map out a much needed sustainable financing plan for Nigeria to deliver on our commitment to the SDGs and our National Development aspirations he said According to Buhari the various developmental plans and programmes for the country have all been aligned with the SDG and are poised to move the economy to greater heights despite the challenges that have confronted the country Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID 19 pandemic Nigeria has remained resolute in our genuine desire to maintain and grow our economy The 2017 2020 Economic Recovery and Growth Plan the 2020 Economic Sustainability Plan the 2021 National Poverty Reduction with Growth Strategy and the 2021 2025 National Development Plan are all aligned with the SDGs It is in line with this commitment and with a focus on the National Development Plan 2021 2025 that the Federal Government of Nigeria with the support of the United Nations Development Programme has adopted the NIFF as a tool to improve SDGs financing This is without increasing public debt and contingent liabilities to levels that will be detrimental to economic sustainability While rallying Nigerians International Community and Development Partners behind this new development the president assured stakeholders of its immediate implementation In her remarks the Senior Special Assistant to the President on SDGs Adejoke Orelope Adefulire said the United Nations had particularly praised the Nigerian government for the implementation of the action plans of Nigeria putting Nigeria ahead of many countries She added that in August Nigeria became the first country in the Global South to have successfully completed a Country led Independent Evaluation of SDG 3 on quality health and well being for all and SDG 4 on qualitative and inclusive education and lifelong learning for all Orelope Adefulire said the Office of the Senior Special Assistant on SDGs also collaborated with the National Bureau of Statistics to track progress on the 230 Key Performance Indicators on annual basis She attributed the successes to the unflinching support of Buhari The presidential aide explained that she was also working with some state governors to integrate Sustainable Development Goals into their policies programmes and budgets She expressed optimism that before the end of the current administration all the states would be covered Goodwill messages were delivered by the Minister of Finance Budget and National Planning Dr Zainab Ahmed Deputy Secretary General of the United Nations Amina Mohammed the European Union and Development Partners NewsSourceCredit NAN
    Buhari inaugurates NIFF in New York, restates Nigeria’s commitment to achieving SDGs
     President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development NIFF on the sidelines of the 77th United Nations General Assembly in New York Speaking at the event the president s media aide Mr Femi Adesina quoted the Nigerian leader as saying For Nigeria and indeed Africa as a whole achieving the SDGs will mean ending poverty and hunger safeguarding our ecosystem and the planet and ensuring our people live in peace and prosperity by the year 2030 While stressing the importance placed by the present administration towards achieving this Buhari said It is pertinent to state that achieving inclusive broad based and sustainable development is a cardinal objective of our administration It is for this purpose that the Federal Government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria The Office of the Senior Special Assistant to the President on SDGs has continued to provide technical leadership in the operations of the SDGs at all levels of governance in Nigeria He expressed delight that the process leading to the NIFF which started in 2020 finally crystalised into Friday s memorable activity Today s event marks the end of a long process which began in 2020 when the Steering Committee and the Core Working Group on Nigeria s Integrated National Financing Framework were inaugurated The Integrated National Financing Framework has been developed to map out a much needed sustainable financing plan for Nigeria to deliver on our commitment to the SDGs and our National Development aspirations he said According to Buhari the various developmental plans and programmes for the country have all been aligned with the SDG and are poised to move the economy to greater heights despite the challenges that have confronted the country Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID 19 pandemic Nigeria has remained resolute in our genuine desire to maintain and grow our economy The 2017 2020 Economic Recovery and Growth Plan the 2020 Economic Sustainability Plan the 2021 National Poverty Reduction with Growth Strategy and the 2021 2025 National Development Plan are all aligned with the SDGs It is in line with this commitment and with a focus on the National Development Plan 2021 2025 that the Federal Government of Nigeria with the support of the United Nations Development Programme has adopted the NIFF as a tool to improve SDGs financing This is without increasing public debt and contingent liabilities to levels that will be detrimental to economic sustainability While rallying Nigerians International Community and Development Partners behind this new development the president assured stakeholders of its immediate implementation In her remarks the Senior Special Assistant to the President on SDGs Adejoke Orelope Adefulire said the United Nations had particularly praised the Nigerian government for the implementation of the action plans of Nigeria putting Nigeria ahead of many countries She added that in August Nigeria became the first country in the Global South to have successfully completed a Country led Independent Evaluation of SDG 3 on quality health and well being for all and SDG 4 on qualitative and inclusive education and lifelong learning for all Orelope Adefulire said the Office of the Senior Special Assistant on SDGs also collaborated with the National Bureau of Statistics to track progress on the 230 Key Performance Indicators on annual basis She attributed the successes to the unflinching support of Buhari The presidential aide explained that she was also working with some state governors to integrate Sustainable Development Goals into their policies programmes and budgets She expressed optimism that before the end of the current administration all the states would be covered Goodwill messages were delivered by the Minister of Finance Budget and National Planning Dr Zainab Ahmed Deputy Secretary General of the United Nations Amina Mohammed the European Union and Development Partners NewsSourceCredit NAN
    Buhari inaugurates NIFF in New York, restates Nigeria’s commitment to achieving SDGs
    General news2 weeks ago

    Buhari inaugurates NIFF in New York, restates Nigeria’s commitment to achieving SDGs

    President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development (NIFF), on the sidelines of the 77th United Nations General Assembly in New York. Speaking at the event, the president’s media aide, Mr Femi Adesina, quoted the Nigerian leader as saying: “For Nigeria and indeed Africa as a whole, achieving the SDGs will mean ending poverty and hunger, safeguarding our ecosystem and the planet and ensuring our people live in peace and prosperity by the year 2030.” While stressing the importance placed by the present administration towards achieving this, Buhari said: “It is pertinent to state that achieving inclusive, broad-based and sustainable development is a cardinal objective of our administration.

    “It is for this purpose that the Federal Government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria.

    “The Office of the Senior Special Assistant to the President on SDGs has continued to provide technical leadership in the operations of the SDGs at all levels of governance in Nigeria.

    ” He expressed delight that the process leading to the NIFF which started in 2020 finally crystalised into Friday’s memorable activity.

    “Today’s event marks the end of a long process which began in 2020, when the Steering Committee and the Core Working Group on Nigeria’s Integrated National Financing Framework were inaugurated.

    ”The Integrated National Financing Framework has been developed to map out a much-needed sustainable financing plan for Nigeria to deliver on our commitment to the SDGs and our National Development aspirations,” he said.

    According to Buhari, the various developmental plans and programmes for the country have all been aligned with the SDG and are poised to move the economy to greater heights despite the challenges that have confronted the country.

    “Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID-19 pandemic, Nigeria has remained resolute in our genuine desire to maintain and grow our economy.

    “The 2017-2020 Economic Recovery and Growth Plan; the 2020 Economic Sustainability Plan; the 2021 National Poverty Reduction with Growth Strategy; and the 2021-2025 National Development Plan are all aligned with the SDGs. “It is in line with this commitment and with a focus on the National Development Plan (2021-2025) that the Federal Government of Nigeria, with the support of the United Nations Development Programme, has adopted the NIFF as a tool to improve SDGs financing.

    ”This is without increasing public debt and contingent liabilities to levels that will be detrimental to economic sustainability.

    ” While rallying Nigerians, International Community and Development Partners behind this new development, the president assured stakeholders of its immediate implementation.

    In her remarks, the Senior Special Assistant to the President on SDGs, Adejoke Orelope-Adefulire, said the United Nations had particularly praised the Nigerian government for the implementation of the action plans of Nigeria, putting Nigeria ahead of many countries.

    She added that in August, Nigeria became the “first country in the Global South to have successfully completed a Country-led Independent Evaluation of SDG-3 on ‘quality health and well-being for all’ and SDG-4 on ‘qualitative and inclusive education and lifelong learning for all”.

    Orelope-Adefulire said the Office of the Senior Special Assistant on SDGs also collaborated with the National Bureau of Statistics to track progress on the 230 Key Performance Indicators on annual basis.

    She attributed the successes to the unflinching support of Buhari.

    The presidential aide explained that she was also working with some state governors to “integrate Sustainable Development Goals into their policies, programmes and budgets’’.

    She expressed optimism that before the end of the current administration all the states would be covered.

    Goodwill messages were delivered by the Minister of Finance, Budget and National Planning, Dr Zainab Ahmed; Deputy Secretary General of the United Nations, Amina Mohammed; the European Union and Development Partners.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has described the United States as Nigeria s main trading partner and one of our most important diplomatic partners This he said underscored the need for concerted efforts to increase the volume of bilateral trade Mr Femi Adesina the President s spokesman in a statement said Buhari atated this at a meeting with the Business Council for International Understanding BCIU at the Nigeria International Economic Partnership Forum The meeting was held on the margins of the 77th UN General Assembly in New York on Thursday The Nigerian leader told the gathering that in 2020 Nigeria exported over 1 69 billion worth of goods to the US adding that these exports were primarily made up of crude oil and other petroleum products Nigeria s capability is not just limited to the oil and gas industry but variety of other sectors that hold notable potentials We are the largest economy in Africa and have over 200 million strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture healthcare light manufacturing infrastructure development and technology The beauty of this forum is that the Ministers responsible for all of these sectors are here today as are some of Nigeria s premier business leaders who are already excelling in these spaces he said According to Buhari Nigeria is open to deepening collaboration with BCIU and pledged this administration s continued commitment to maintain an enabling business environment that is friendly to foreign investors Going into partnerships with trusted local and foreign partners who have well established networks and understand the dynamics of the country is one way to guarantee success in Nigeria Today s event provides a platform for businesses under the BCIU umbrella to make connections with credible Nigerian partners I trust that this event will help build partnerships that will translate into increased trade and investment flows between Nigeria and the United States he said Apprising the business executives on the current Administration s economic policy Buhari said since 2015 the focus had been on economic diversification And successfully the economy is on a path of sustainable and inclusive growth through an open rules based and market oriented way of doing business The president emphasised that his major objectives for the forum was to garner support from the BCIU for two of Nigeria s most high impact developmental ambitions Driving strategic and financial investment into Nigeria s real sector transformation and rightly positioning Nigeria as a major international supply chain partner to leading global economies like the United States According to the president global supply chains are currently facing a challenging time as U S shippers have been under strain caused by reduced inputs from China and the growing backlog of European imports caused by the Russia Ukraine crisis He added that the world had not fully recovered from the economic challenges caused by the COVID 19 pandemic and this had taught everyone the importance of having viable alternatives when traditional supply chains are unable to serve our needs He said The current global challenges are expected to continue into 2023 and beyond but Nigeria is ready to fill a greater amount of global demand We are leveraging on our skilled labour force strategic location as well as production and manufacturing potential to move forward as a key trading partner to the United States I have always held the strong conviction that there is no crisis without an accompanying opportunity and solution Increased collaboration with Nigeria and other developing markets is needed to mitigate against both current and potential future supply chain challenges He expressed confidence that the situation in the world today presented an opportunity for real sector investment in Nigeria The president noted that since signing the African Continental Free Trade Agreement Nigeria had strengthened its position as a gateway to an integrated continental market consisting of 1 3 billion consumers with an aggregate GDP of 3 4 trillion Further he stated that the administration had focused strongly on developing Nigeria s manufacturing sector and given the country s enormous natural resources However according to him technological partnership is needed to transform this natural endowment into high value goods To drive forward our manufacturing and production capacity we have developed 17 operational Special Economic Zones with four more currently under construction Fourteen of these are general economic zones which support export processing large scale manufacturing warehousing logistic services tourism food processing and packaging as well as technology development The remaining three are dedicated to oil amp gas related activities We have furthermore commenced the development of three automotive Industrial Parks that encourage the local assembly of vehicles for the Pan African market Buhari also used the occasion to list fiscal investment incentives formulated to encourage increased private capital inflows into Nigeria They include Three to five years of tax holidays for enterprises in what we deem pioneer industries Tax free operations and no restrictions on expatriate quotas in our Free Trade Zones capital allowances for agriculture manufacturing and engineering and a VAT regime of 5 percent among others The president of the Republic of The Gambia Adama Barrow was a Special Guest at the event NewsSourceCredit NAN
    Nigeria records over  President Muhammadu Buhari has described the United States as Nigeria s main trading partner and one of our most important diplomatic partners This he said underscored the need for concerted efforts to increase the volume of bilateral trade Mr Femi Adesina the President s spokesman in a statement said Buhari atated this at a meeting with the Business Council for International Understanding BCIU at the Nigeria International Economic Partnership Forum The meeting was held on the margins of the 77th UN General Assembly in New York on Thursday The Nigerian leader told the gathering that in 2020 Nigeria exported over 1 69 billion worth of goods to the US adding that these exports were primarily made up of crude oil and other petroleum products Nigeria s capability is not just limited to the oil and gas industry but variety of other sectors that hold notable potentials We are the largest economy in Africa and have over 200 million strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture healthcare light manufacturing infrastructure development and technology The beauty of this forum is that the Ministers responsible for all of these sectors are here today as are some of Nigeria s premier business leaders who are already excelling in these spaces he said According to Buhari Nigeria is open to deepening collaboration with BCIU and pledged this administration s continued commitment to maintain an enabling business environment that is friendly to foreign investors Going into partnerships with trusted local and foreign partners who have well established networks and understand the dynamics of the country is one way to guarantee success in Nigeria Today s event provides a platform for businesses under the BCIU umbrella to make connections with credible Nigerian partners I trust that this event will help build partnerships that will translate into increased trade and investment flows between Nigeria and the United States he said Apprising the business executives on the current Administration s economic policy Buhari said since 2015 the focus had been on economic diversification And successfully the economy is on a path of sustainable and inclusive growth through an open rules based and market oriented way of doing business The president emphasised that his major objectives for the forum was to garner support from the BCIU for two of Nigeria s most high impact developmental ambitions Driving strategic and financial investment into Nigeria s real sector transformation and rightly positioning Nigeria as a major international supply chain partner to leading global economies like the United States According to the president global supply chains are currently facing a challenging time as U S shippers have been under strain caused by reduced inputs from China and the growing backlog of European imports caused by the Russia Ukraine crisis He added that the world had not fully recovered from the economic challenges caused by the COVID 19 pandemic and this had taught everyone the importance of having viable alternatives when traditional supply chains are unable to serve our needs He said The current global challenges are expected to continue into 2023 and beyond but Nigeria is ready to fill a greater amount of global demand We are leveraging on our skilled labour force strategic location as well as production and manufacturing potential to move forward as a key trading partner to the United States I have always held the strong conviction that there is no crisis without an accompanying opportunity and solution Increased collaboration with Nigeria and other developing markets is needed to mitigate against both current and potential future supply chain challenges He expressed confidence that the situation in the world today presented an opportunity for real sector investment in Nigeria The president noted that since signing the African Continental Free Trade Agreement Nigeria had strengthened its position as a gateway to an integrated continental market consisting of 1 3 billion consumers with an aggregate GDP of 3 4 trillion Further he stated that the administration had focused strongly on developing Nigeria s manufacturing sector and given the country s enormous natural resources However according to him technological partnership is needed to transform this natural endowment into high value goods To drive forward our manufacturing and production capacity we have developed 17 operational Special Economic Zones with four more currently under construction Fourteen of these are general economic zones which support export processing large scale manufacturing warehousing logistic services tourism food processing and packaging as well as technology development The remaining three are dedicated to oil amp gas related activities We have furthermore commenced the development of three automotive Industrial Parks that encourage the local assembly of vehicles for the Pan African market Buhari also used the occasion to list fiscal investment incentives formulated to encourage increased private capital inflows into Nigeria They include Three to five years of tax holidays for enterprises in what we deem pioneer industries Tax free operations and no restrictions on expatriate quotas in our Free Trade Zones capital allowances for agriculture manufacturing and engineering and a VAT regime of 5 percent among others The president of the Republic of The Gambia Adama Barrow was a Special Guest at the event NewsSourceCredit NAN .69bn exports to US in 2020 as Buhari seeks increase in trade
     President Muhammadu Buhari has described the United States as Nigeria s main trading partner and one of our most important diplomatic partners This he said underscored the need for concerted efforts to increase the volume of bilateral trade Mr Femi Adesina the President s spokesman in a statement said Buhari atated this at a meeting with the Business Council for International Understanding BCIU at the Nigeria International Economic Partnership Forum The meeting was held on the margins of the 77th UN General Assembly in New York on Thursday The Nigerian leader told the gathering that in 2020 Nigeria exported over 1 69 billion worth of goods to the US adding that these exports were primarily made up of crude oil and other petroleum products Nigeria s capability is not just limited to the oil and gas industry but variety of other sectors that hold notable potentials We are the largest economy in Africa and have over 200 million strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture healthcare light manufacturing infrastructure development and technology The beauty of this forum is that the Ministers responsible for all of these sectors are here today as are some of Nigeria s premier business leaders who are already excelling in these spaces he said According to Buhari Nigeria is open to deepening collaboration with BCIU and pledged this administration s continued commitment to maintain an enabling business environment that is friendly to foreign investors Going into partnerships with trusted local and foreign partners who have well established networks and understand the dynamics of the country is one way to guarantee success in Nigeria Today s event provides a platform for businesses under the BCIU umbrella to make connections with credible Nigerian partners I trust that this event will help build partnerships that will translate into increased trade and investment flows between Nigeria and the United States he said Apprising the business executives on the current Administration s economic policy Buhari said since 2015 the focus had been on economic diversification And successfully the economy is on a path of sustainable and inclusive growth through an open rules based and market oriented way of doing business The president emphasised that his major objectives for the forum was to garner support from the BCIU for two of Nigeria s most high impact developmental ambitions Driving strategic and financial investment into Nigeria s real sector transformation and rightly positioning Nigeria as a major international supply chain partner to leading global economies like the United States According to the president global supply chains are currently facing a challenging time as U S shippers have been under strain caused by reduced inputs from China and the growing backlog of European imports caused by the Russia Ukraine crisis He added that the world had not fully recovered from the economic challenges caused by the COVID 19 pandemic and this had taught everyone the importance of having viable alternatives when traditional supply chains are unable to serve our needs He said The current global challenges are expected to continue into 2023 and beyond but Nigeria is ready to fill a greater amount of global demand We are leveraging on our skilled labour force strategic location as well as production and manufacturing potential to move forward as a key trading partner to the United States I have always held the strong conviction that there is no crisis without an accompanying opportunity and solution Increased collaboration with Nigeria and other developing markets is needed to mitigate against both current and potential future supply chain challenges He expressed confidence that the situation in the world today presented an opportunity for real sector investment in Nigeria The president noted that since signing the African Continental Free Trade Agreement Nigeria had strengthened its position as a gateway to an integrated continental market consisting of 1 3 billion consumers with an aggregate GDP of 3 4 trillion Further he stated that the administration had focused strongly on developing Nigeria s manufacturing sector and given the country s enormous natural resources However according to him technological partnership is needed to transform this natural endowment into high value goods To drive forward our manufacturing and production capacity we have developed 17 operational Special Economic Zones with four more currently under construction Fourteen of these are general economic zones which support export processing large scale manufacturing warehousing logistic services tourism food processing and packaging as well as technology development The remaining three are dedicated to oil amp gas related activities We have furthermore commenced the development of three automotive Industrial Parks that encourage the local assembly of vehicles for the Pan African market Buhari also used the occasion to list fiscal investment incentives formulated to encourage increased private capital inflows into Nigeria They include Three to five years of tax holidays for enterprises in what we deem pioneer industries Tax free operations and no restrictions on expatriate quotas in our Free Trade Zones capital allowances for agriculture manufacturing and engineering and a VAT regime of 5 percent among others The president of the Republic of The Gambia Adama Barrow was a Special Guest at the event NewsSourceCredit NAN
    Nigeria records over  President Muhammadu Buhari has described the United States as Nigeria s main trading partner and one of our most important diplomatic partners This he said underscored the need for concerted efforts to increase the volume of bilateral trade Mr Femi Adesina the President s spokesman in a statement said Buhari atated this at a meeting with the Business Council for International Understanding BCIU at the Nigeria International Economic Partnership Forum The meeting was held on the margins of the 77th UN General Assembly in New York on Thursday The Nigerian leader told the gathering that in 2020 Nigeria exported over 1 69 billion worth of goods to the US adding that these exports were primarily made up of crude oil and other petroleum products Nigeria s capability is not just limited to the oil and gas industry but variety of other sectors that hold notable potentials We are the largest economy in Africa and have over 200 million strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture healthcare light manufacturing infrastructure development and technology The beauty of this forum is that the Ministers responsible for all of these sectors are here today as are some of Nigeria s premier business leaders who are already excelling in these spaces he said According to Buhari Nigeria is open to deepening collaboration with BCIU and pledged this administration s continued commitment to maintain an enabling business environment that is friendly to foreign investors Going into partnerships with trusted local and foreign partners who have well established networks and understand the dynamics of the country is one way to guarantee success in Nigeria Today s event provides a platform for businesses under the BCIU umbrella to make connections with credible Nigerian partners I trust that this event will help build partnerships that will translate into increased trade and investment flows between Nigeria and the United States he said Apprising the business executives on the current Administration s economic policy Buhari said since 2015 the focus had been on economic diversification And successfully the economy is on a path of sustainable and inclusive growth through an open rules based and market oriented way of doing business The president emphasised that his major objectives for the forum was to garner support from the BCIU for two of Nigeria s most high impact developmental ambitions Driving strategic and financial investment into Nigeria s real sector transformation and rightly positioning Nigeria as a major international supply chain partner to leading global economies like the United States According to the president global supply chains are currently facing a challenging time as U S shippers have been under strain caused by reduced inputs from China and the growing backlog of European imports caused by the Russia Ukraine crisis He added that the world had not fully recovered from the economic challenges caused by the COVID 19 pandemic and this had taught everyone the importance of having viable alternatives when traditional supply chains are unable to serve our needs He said The current global challenges are expected to continue into 2023 and beyond but Nigeria is ready to fill a greater amount of global demand We are leveraging on our skilled labour force strategic location as well as production and manufacturing potential to move forward as a key trading partner to the United States I have always held the strong conviction that there is no crisis without an accompanying opportunity and solution Increased collaboration with Nigeria and other developing markets is needed to mitigate against both current and potential future supply chain challenges He expressed confidence that the situation in the world today presented an opportunity for real sector investment in Nigeria The president noted that since signing the African Continental Free Trade Agreement Nigeria had strengthened its position as a gateway to an integrated continental market consisting of 1 3 billion consumers with an aggregate GDP of 3 4 trillion Further he stated that the administration had focused strongly on developing Nigeria s manufacturing sector and given the country s enormous natural resources However according to him technological partnership is needed to transform this natural endowment into high value goods To drive forward our manufacturing and production capacity we have developed 17 operational Special Economic Zones with four more currently under construction Fourteen of these are general economic zones which support export processing large scale manufacturing warehousing logistic services tourism food processing and packaging as well as technology development The remaining three are dedicated to oil amp gas related activities We have furthermore commenced the development of three automotive Industrial Parks that encourage the local assembly of vehicles for the Pan African market Buhari also used the occasion to list fiscal investment incentives formulated to encourage increased private capital inflows into Nigeria They include Three to five years of tax holidays for enterprises in what we deem pioneer industries Tax free operations and no restrictions on expatriate quotas in our Free Trade Zones capital allowances for agriculture manufacturing and engineering and a VAT regime of 5 percent among others The president of the Republic of The Gambia Adama Barrow was a Special Guest at the event NewsSourceCredit NAN .69bn exports to US in 2020 as Buhari seeks increase in trade
    Economy2 weeks ago

    Nigeria records over $1.69bn exports to US in 2020 as Buhari seeks increase in trade

    President Muhammadu Buhari has described the United States as Nigeria’s main trading partner and one of ‘‘our most important diplomatic partners.

    ’’ This, he said, underscored the need for concerted efforts to increase the volume of bilateral trade.

    Mr Femi Adesina, the President’s spokesman in a statement, said Buhari atated this at a meeting  with the Business Council for International Understanding (BCIU) at the Nigeria International Economic Partnership Forum, The meeting was held on the margins of the 77th UN General Assembly in New York, on Thursday.

    The Nigerian leader told the gathering that in 2020, Nigeria exported over $1.69 billion worth of goods to the US, adding that these exports were primarily made up of crude oil and other petroleum products.

    ”Nigeria’s capability is not just limited to the oil and gas industry, but variety of other sectors that hold notable potentials.

    ”We are the largest economy in Africa and have over 200 million-strong consumer market that is home to a range of attractive opportunities in sectors such as agriculture, healthcare, light manufacturing, infrastructure development and technology.

    ”The beauty of this forum is that the Ministers responsible for all of these sectors are here today, as are some of Nigeria’s premier business leaders who are already excelling in these spaces, ” he said.

    According to Buhari, Nigeria is open to deepening collaboration with BCIU, and pledged this administration’s continued commitment to maintain an enabling business environment that is friendly to foreign investors.

    ”Going into partnerships with trusted local and foreign partners who have well-established networks and understand the dynamics of the country is one way to guarantee success in Nigeria.

    ”Today’s event provides a platform for businesses under the BCIU umbrella to make connections with credible Nigerian partners.

    ”I trust that this event will help build partnerships that will translate into increased trade and investment flows between Nigeria and the United States,” he said.

    Apprising the business executives on the current  Administration’s economic policy, Buhari said since 2015, the focus had been on economic diversification.

    ”And successfully, ”the economy is on a path of sustainable and inclusive growth through an open, rules-based and market-oriented way of doing business.

    ” The president emphasised that his major objectives for the forum was to garner support from the BCIU for two of Nigeria’s most high-impact developmental ambitions: ”Driving strategic and financial investment into Nigeria’s real-sector transformation, and rightly positioning Nigeria as a major international supply-chain partner to leading global economies like the United States.

    ” According to the president, global supply chains are currently facing a challenging time as U.

    S. shippers have been under strain caused by reduced inputs from China and the growing backlog of European imports caused by the Russia-Ukraine crisis.

    He added that the world had not fully recovered from the economic challenges caused by the COVID-19 pandemic and this had taught everyone the importance of having viable alternatives when ”traditional supply chains are unable to serve our needs.

    ” He said: ”The current global challenges are expected to continue into 2023 and beyond, but Nigeria is ready to fill a greater amount of global demand.

    ”We are leveraging on our skilled labour-force, strategic location, as well as production and manufacturing potential to move forward as a key trading partner to the United States.

    ”I have always held the strong conviction that there is no crisis without an accompanying opportunity and solution.

    ”Increased collaboration with Nigeria and other developing markets is needed to mitigate against both current and potential future supply-chain challenges.

    ” He expressed confidence that the situation in the world today presented an opportunity for real sector investment in Nigeria.

    The president noted that since signing the African Continental Free Trade Agreement, Nigeria had strengthened its position as a gateway to an integrated continental market, consisting of 1.3 billion consumers with an aggregate GDP of $3.4 trillion.

    Further, he stated that the administration had focused strongly on developing Nigeria’s manufacturing sector, and given the country’s enormous natural resources.

    However, according to him,  technological partnership is needed to transform this natural endowment into high value goods.

    ”To drive forward our manufacturing and production capacity, we have developed 17 operational Special Economic Zones with four more currently under construction.

    ”Fourteen of these are general economic zones which support export processing, large-scale manufacturing, warehousing, logistic services, tourism, food processing and packaging as well as  technology development; ”The remaining three are dedicated to oil & gas related activities.

    ”We have furthermore commenced the development of three automotive Industrial Parks that encourage the local assembly of vehicles for the Pan-African market.

    ” Buhari also used the occasion to list fiscal investment incentives formulated to encourage increased private capital inflows into Nigeria.

    They include: ”Three to five years of tax holidays for enterprises in what we deem pioneer industries; ”Tax-free operations and no restrictions on expatriate quotas in our Free Trade Zones; capital allowances for agriculture, manufacturing and engineering; and a VAT regime of 5 percent; among others.

    ” The president of the Republic of The Gambia, Adama Barrow was a Special Guest at the event. 


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has called on African countries and their Arab partners to work hard and be more united to realise common objectives According to a statement by the President s spokesman Mr Femi Adesina the president made the call at a bilateral meeting with the President of Palestine Mahmoud Abbas in New York United States on Wednesday Buhari said the actualisation of the UN resolution which proposed a Two State solution to the crisis between Israel and Palestine required a platform to think creatively on how to engage the rest of the world on the matter The rest of the world need to be apprised on current state of things between Palestine and Israel in order to commit to the way forward There should be a better collaboration between African countries on one side and our Arab bothers to get to the end of this matter he said The Palestinian President had visited his Nigerian counterpart to thank him for being a consistent supporter of the Palestinian cause even as he reflected it in his Buhari s address at the floor of the General Assembly and to solicit his support by rallying other African countries to their side He regretted that the Palestinian issue had dragged for a long time without commensurate progress adding that there is a daily loss of lives on the Palestinian side Abbas added that Palestinians had decided to pursue a peaceful path towards resolving the matter by relying on nations like Nigeria to help in a peaceful resolution of the Two State solution as recommended by the United Nations Resolution Meanwhile the Nigerian leader also met with Mahamadou Issoufou former President of Niger Republic and Special envoy of the UN and African Union on Joint Strategic Assessment and Governance Situation in the Sahel At the meeting President Buhari assured the Special Envoy of the support of Nigeria in the discharge of his assignment bordering on seeking political and economic solutions to issues confronting countries in the Sahel He stressed the essence of a collaboration between the Lake Chad Basin Commission and the Green Great Wall According to him this is imperative in order to combat the desertification spreading across some African states He said it would also help in finding practical solutions to the displacement of over 30 million persons whose means of livelihood depended on the shrunken Lake Chad The president expressed optimism that with his wealth of experience and capacity Issoufou would get the job done The former Nigerien leader had informed President Buhari that they required Nigerian support to raise funds for their activities especially as desertification was spreading across a number of African countries He noted that most of the countries were severely challenged Issoufou added that the committee needed to visit the countries involved to know their specific needs and would at this instance be in Nigeria in October this year He requested Buhari to convene a side event at the COP 27 meeting in November in Egypt so that it could come up with a rich outcome for the committee to use as a basis for its report NewsSourceCredit NAN
    Buhari calls for better Afro-Arab Cooperation to resolve issues of mutual interest
     President Muhammadu Buhari has called on African countries and their Arab partners to work hard and be more united to realise common objectives According to a statement by the President s spokesman Mr Femi Adesina the president made the call at a bilateral meeting with the President of Palestine Mahmoud Abbas in New York United States on Wednesday Buhari said the actualisation of the UN resolution which proposed a Two State solution to the crisis between Israel and Palestine required a platform to think creatively on how to engage the rest of the world on the matter The rest of the world need to be apprised on current state of things between Palestine and Israel in order to commit to the way forward There should be a better collaboration between African countries on one side and our Arab bothers to get to the end of this matter he said The Palestinian President had visited his Nigerian counterpart to thank him for being a consistent supporter of the Palestinian cause even as he reflected it in his Buhari s address at the floor of the General Assembly and to solicit his support by rallying other African countries to their side He regretted that the Palestinian issue had dragged for a long time without commensurate progress adding that there is a daily loss of lives on the Palestinian side Abbas added that Palestinians had decided to pursue a peaceful path towards resolving the matter by relying on nations like Nigeria to help in a peaceful resolution of the Two State solution as recommended by the United Nations Resolution Meanwhile the Nigerian leader also met with Mahamadou Issoufou former President of Niger Republic and Special envoy of the UN and African Union on Joint Strategic Assessment and Governance Situation in the Sahel At the meeting President Buhari assured the Special Envoy of the support of Nigeria in the discharge of his assignment bordering on seeking political and economic solutions to issues confronting countries in the Sahel He stressed the essence of a collaboration between the Lake Chad Basin Commission and the Green Great Wall According to him this is imperative in order to combat the desertification spreading across some African states He said it would also help in finding practical solutions to the displacement of over 30 million persons whose means of livelihood depended on the shrunken Lake Chad The president expressed optimism that with his wealth of experience and capacity Issoufou would get the job done The former Nigerien leader had informed President Buhari that they required Nigerian support to raise funds for their activities especially as desertification was spreading across a number of African countries He noted that most of the countries were severely challenged Issoufou added that the committee needed to visit the countries involved to know their specific needs and would at this instance be in Nigeria in October this year He requested Buhari to convene a side event at the COP 27 meeting in November in Egypt so that it could come up with a rich outcome for the committee to use as a basis for its report NewsSourceCredit NAN
    Buhari calls for better Afro-Arab Cooperation to resolve issues of mutual interest
    General news2 weeks ago

    Buhari calls for better Afro-Arab Cooperation to resolve issues of mutual interest

    President Muhammadu Buhari has called on African countries and their Arab partners to work hard and be more united to realise common objectives.

    According to a statement by the President’s spokesman, Mr Femi Adesina, the president made the call at a bilateral meeting with the President of Palestine, Mahmoud Abbas, in New York,United States, on Wednesday.

    Buhari said the actualisation of the UN resolution which proposed a Two-State solution to the crisis between Israel and Palestine required a platform  to think creatively on how to engage the rest of the world on the matter.

    “The rest of the world need to be apprised on current state of things between Palestine and Israel in order to commit to the way forward.

    ”There should be a better collaboration between African countries on one side and our Arab bothers to get to the end of this matter,” he said.

    The Palestinian President had visited his Nigerian counterpart to thank him for being a consistent supporter of the Palestinian cause even as he reflected it in his (Buhari’s) address at the floor of the General Assembly and to solicit his support by rallying other African countries to their side.

    He regretted that the Palestinian issue had dragged for a long time without commensurate progress, adding that ”there is a daily loss of lives on the Palestinian side.

    ” Abbas added that  Palestinians had decided to pursue a peaceful path towards resolving the matter by relying on nations like Nigeria to help in a peaceful resolution of the Two-State solution as recommended by the United Nations Resolution.

    Meanwhile, the Nigerian leader also met with Mahamadou Issoufou, former President of Niger Republic and Special envoy of the UN and African Union on Joint Strategic Assessment  and Governance Situation in the Sahel.

    At the meeting, President Buhari assured the Special Envoy of the support of Nigeria in the discharge of his assignment bordering on seeking political and economic solutions to issues confronting countries in the Sahel.

    He stressed the essence of a collaboration between the Lake Chad Basin Commission and the Green Great Wall. According to him, this is imperative in order to combat the desertification spreading across some African states.

    He said it would also help in finding practical solutions to the displacement of over 30 million persons whose means of livelihood depended on the shrunken Lake Chad. The president expressed optimism that with his wealth of experience and capacity, Issoufou would get the job done.

    The former Nigerien leader had informed President Buhari that they required Nigerian support to raise funds for their activities especially as desertification was spreading across a number of African countries.

    He noted that most of the countries were severely challenged.

    Issoufou added that the committee needed to visit the countries involved to know their specific needs and would, at this instance, be in Nigeria in October this year.

    He requested Buhari to convene a side event at the COP 27 meeting in November in Egypt so that it could come up with a rich outcome for the committee to use as a basis for its report.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has restated the commitment of the Nigerian government towards ensuring that there is a rapid and strategic transition to renewable energy He said this would be in response to the world wide efforts for the preservation of the environment Mr Femi Adesina the President s media aide said in a statement on Thurday that Buhari was speaking at a Leaders Closed Door Meeting on Climate Change convened by the Secretary General of the United Nations Mr Antonio Guterres The meeting according to Adesina is coming before the commencement of the COP27 in November this year on the sidelines of the United Nations General Assembly in New York United States At the meeting the Nigerian leader stressed that his administration had in August this year launched a home grown data backed multi pronged energy transition plan He highlighted some of the details in the plan saying it s the country s framework in achieving net zero emissions by 2060 The president said that through the use of emerging technologies and alternative fuels such as hydrogen bioenergy and waste to energy a pathway would be created for accelerated decarburization of energy systems and harnessing of new and diverse technologies According to him this is aimed at ensuring low carbon development while aligning to our broader developmental aspirations in a fair and just manner Speaking further the Nigerian leader said The plan also sets out a timeline and framework for the attainment of emissions reduction across five key sectors power cooking oil and gas transport and industry The president affirmed that gas would play a critical role as a transition fuel in Nigeria s net zero pathway particularly in the power and cooking sectors The clean energy goals of the plan include modernizing the power sector with large scale integration of renewable energy enhancing energy efficiency and conservation This is expected to generate 250 gigawatts of installed energy capacity with over 90 made up of renewables While expressing his confidence that the plan would put the nation on the path of prosperity Buhari said that a careful implementation would create significant investment opportunities He said it would also engender the establishment and expansion of industries related to solar energy hydrogen and electric vehicles It will guide Nigeria s rapid transition to renewable energy and result in significant job creation with up to 340 000 jobs created by 2030 and up to 840 000 jobs created by 2060 driven mainly by power cooking and transport sectors he added He commended Egyptian President Abdel Fattah El Sisi for his tireless efforts in the preparations for the COP27 and assured him of the support of the Nigerian Government NewsSourceCredit NAN
    Climate Change: Buhari reiterates Nigeria’s strong commitment to Energy Transition Plan
     President Muhammadu Buhari has restated the commitment of the Nigerian government towards ensuring that there is a rapid and strategic transition to renewable energy He said this would be in response to the world wide efforts for the preservation of the environment Mr Femi Adesina the President s media aide said in a statement on Thurday that Buhari was speaking at a Leaders Closed Door Meeting on Climate Change convened by the Secretary General of the United Nations Mr Antonio Guterres The meeting according to Adesina is coming before the commencement of the COP27 in November this year on the sidelines of the United Nations General Assembly in New York United States At the meeting the Nigerian leader stressed that his administration had in August this year launched a home grown data backed multi pronged energy transition plan He highlighted some of the details in the plan saying it s the country s framework in achieving net zero emissions by 2060 The president said that through the use of emerging technologies and alternative fuels such as hydrogen bioenergy and waste to energy a pathway would be created for accelerated decarburization of energy systems and harnessing of new and diverse technologies According to him this is aimed at ensuring low carbon development while aligning to our broader developmental aspirations in a fair and just manner Speaking further the Nigerian leader said The plan also sets out a timeline and framework for the attainment of emissions reduction across five key sectors power cooking oil and gas transport and industry The president affirmed that gas would play a critical role as a transition fuel in Nigeria s net zero pathway particularly in the power and cooking sectors The clean energy goals of the plan include modernizing the power sector with large scale integration of renewable energy enhancing energy efficiency and conservation This is expected to generate 250 gigawatts of installed energy capacity with over 90 made up of renewables While expressing his confidence that the plan would put the nation on the path of prosperity Buhari said that a careful implementation would create significant investment opportunities He said it would also engender the establishment and expansion of industries related to solar energy hydrogen and electric vehicles It will guide Nigeria s rapid transition to renewable energy and result in significant job creation with up to 340 000 jobs created by 2030 and up to 840 000 jobs created by 2060 driven mainly by power cooking and transport sectors he added He commended Egyptian President Abdel Fattah El Sisi for his tireless efforts in the preparations for the COP27 and assured him of the support of the Nigerian Government NewsSourceCredit NAN
    Climate Change: Buhari reiterates Nigeria’s strong commitment to Energy Transition Plan
    General news2 weeks ago

    Climate Change: Buhari reiterates Nigeria’s strong commitment to Energy Transition Plan

    President Muhammadu Buhari has restated the commitment of the Nigerian government towards ensuring that there is a rapid and strategic transition to renewable energy.

    He said this would be in response to the world-wide efforts for the preservation of the environment.

    Mr Femi Adesina, the President’s media aide, said in a statement on Thurday that Buhari was speaking at a Leaders’ Closed-Door Meeting on Climate Change convened by the Secretary General of the United Nations, Mr. Antonio Guterres.

    The meeting, according to Adesina, is coming before the commencement of the COP27 in November this year, on the sidelines of the United Nations General Assembly, in New York, United States.

    At the meeting, the Nigerian leader stressed that his administration had, in August this year, launched a home-grown, data-backed, multi-pronged energy transition plan.

    He highlighted some of the details in the plan, saying it’s the country’s framework in achieving net-zero emissions by 2060. The president said that through the use of emerging technologies and alternative fuels such as hydrogen, bioenergy and waste-to-energy, a pathway would be created for accelerated decarburization of energy systems and harnessing of new and diverse technologies.

    According to him, this is aimed at ensuring low carbon development while aligning to our broader developmental aspirations in a fair and just manner.

    Speaking further, the Nigerian leader said: ”The plan also sets out a timeline and framework for the attainment of emissions reduction across five key sectors: power, cooking, oil and gas, transport and industry.

    ” The president affirmed that gas would play a critical role as a transition fuel in Nigeria’s net-zero pathway, particularly in the power and cooking sectors.

    ”The clean energy goals of the plan include modernizing the power sector with large-scale integration of renewable energy, enhancing energy efficiency and conservation.

    ”This is expected to generate 250 gigawatts of installed energy capacity with over 90% made up of renewables.

    ” While expressing his confidence that the plan would put the nation on the path of prosperity, Buhari said that a careful implementation would create significant investment opportunities.

    He said it would also engender the establishment and expansion of industries related to solar energy, hydrogen and electric vehicles.

    “It will guide Nigeria’s rapid transition to renewable energy and result in significant  job creation with up to 340,000 jobs created by 2030 and up to 840,000 jobs created by 2060 driven mainly by power, cooking and transport sectors,” he added.

    He commended Egyptian President Abdel Fattah El-Sisi for his tireless efforts in the preparations for the COP27 and  assured him of the support of the Nigerian Government.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has condoled with the Minister of State Federal Capital Territory FCT Dr Ramatu Aliyu over the passing of her mother Hajiya Zainab Ali In a condolence message by his media aide Mr Femi Adesina on Wednesday in Abuja Buhari commiserated with family members friends and associates of the late matriarch who defined her life with kindness charity and service to humanity The president noted outpouring of testimonies over the good life of late Zainab fondly called Gogo with reflections on her wise counsels He also noted with delight Zainab s diligence in business and enveloping love for her children orphans neighbours and community especially for the underprivileged Buhari prayed that the almighty God would remember her investments of love on earth and grant her eternal rest NewsSourceCredit NAN
    Buhari condoles FCT Minister of State Ramatu Aliyu over mother’s death
     President Muhammadu Buhari has condoled with the Minister of State Federal Capital Territory FCT Dr Ramatu Aliyu over the passing of her mother Hajiya Zainab Ali In a condolence message by his media aide Mr Femi Adesina on Wednesday in Abuja Buhari commiserated with family members friends and associates of the late matriarch who defined her life with kindness charity and service to humanity The president noted outpouring of testimonies over the good life of late Zainab fondly called Gogo with reflections on her wise counsels He also noted with delight Zainab s diligence in business and enveloping love for her children orphans neighbours and community especially for the underprivileged Buhari prayed that the almighty God would remember her investments of love on earth and grant her eternal rest NewsSourceCredit NAN
    Buhari condoles FCT Minister of State Ramatu Aliyu over mother’s death
    General news2 weeks ago

    Buhari condoles FCT Minister of State Ramatu Aliyu over mother’s death

    President Muhammadu Buhari has condoled with the Minister of State, Federal Capital Territory (FCT), Dr Ramatu Aliyu, over the passing of her mother, Hajiya Zainab Ali. In a condolence message by his media aide, Mr Femi Adesina on Wednesday in Abuja, Buhari commiserated with family members, friends and associates of the late matriarch, “who defined her life with kindness, charity and service to humanity’’.

    The president noted outpouring of testimonies over the good life of late Zainab, fondly called “Gogo”, with reflections on her wise counsels.

    He also noted with delight Zainab’s diligence in business and enveloping love for her children, orphans, neighbours and community, especially for the underprivileged.

    Buhari prayed that the almighty God would remember her investments of love on earth and grant her eternal rest. 


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has joined the entertainment industry in celebrating juju music maestro and multi instrumentalist Chief Sunday Adegeye better known as King Sunny Ade who turns 76 on Thursday In a congratulatory message issued by his spokesman Mr Femi Adesina on Tuesday in Abuja the president said he rejoiced with the internationally renowned artiste as he marked his birthday Sunny Ade is believed to be the first Nigerian to be nominated for Grammy Award in the 80 s playing a significant role in the huge success of the country s music industry His music had influence across genres including Hollywood where his songs were featured in many movies The president extolled the gifted songwriter producer and visiting professor of music at the Obafemi Awolowo University in Ile Ife for taking Nigeria s local beats to the world He also lauded him for exporting the rich culture and placing instruments like the talking drum on global spotlight for research and adaption Buhari said the recognitions and awards received by the multi talented entertainer over the years including the national award MFR were well deserved The president prayed for his good health strength and grace of more creativity NewsSourceCredit NAN
    Buhari hails King Sunny Ade at 76
     President Muhammadu Buhari has joined the entertainment industry in celebrating juju music maestro and multi instrumentalist Chief Sunday Adegeye better known as King Sunny Ade who turns 76 on Thursday In a congratulatory message issued by his spokesman Mr Femi Adesina on Tuesday in Abuja the president said he rejoiced with the internationally renowned artiste as he marked his birthday Sunny Ade is believed to be the first Nigerian to be nominated for Grammy Award in the 80 s playing a significant role in the huge success of the country s music industry His music had influence across genres including Hollywood where his songs were featured in many movies The president extolled the gifted songwriter producer and visiting professor of music at the Obafemi Awolowo University in Ile Ife for taking Nigeria s local beats to the world He also lauded him for exporting the rich culture and placing instruments like the talking drum on global spotlight for research and adaption Buhari said the recognitions and awards received by the multi talented entertainer over the years including the national award MFR were well deserved The president prayed for his good health strength and grace of more creativity NewsSourceCredit NAN
    Buhari hails King Sunny Ade at 76
    General news2 weeks ago

    Buhari hails King Sunny Ade at 76

    President Muhammadu Buhari has joined the entertainment industry in celebrating juju music maestro and multi-instrumentalist, Chief Sunday Adegeye, better known as King Sunny Ade, who turns 76 on Thursday.

    In a congratulatory message issued by his spokesman, Mr Femi Adesina, on Tuesday in Abuja, the president said he rejoiced with the internationally renowned artiste as he marked his birthday.

    Sunny Ade is believed to be the first Nigerian to be nominated for Grammy Award in the 80’s, playing a significant role in the huge success of the country’s music industry.

    His music had influence across genres, including Hollywood, where his songs were featured in many movies.

    The president extolled the gifted songwriter, producer and visiting professor of music at the Obafemi Awolowo University in Ile-Ife for taking Nigeria’s local beats to the world.

    He also lauded him for exporting the rich culture and placing instruments like the “talking drum’’ on global spotlight for research and adaption.

    Buhari said the recognitions and awards received by the multi-talented entertainer over the years, including the national award, MFR, were well deserved.

    The president prayed for his good health, strength and grace of more creativity.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has lauded the recent successful operation of the National Drug Law Enforcement Agency NDLEA leading to the smashing of an international drug syndicate and recovery of 1 855kg of cocaine Mr Femi Adesina the President s spokesman said in a statement on Monday in Abuja that the president made his feelings known when he originated a telephone call to Chairman of the NDLEA retired Brig Gen Buba Marwa from New York The president is currently in New York United States where he is attending the 77th session of the United Nations General Assembly UNGA 77 Buhari said that the news of the recovery gladdens his heart He said I deeply appreciate the work that you have put into the eradication of the drug menace It gladdens my heart as I continue to follow the successes achieved under your leadership You have demonstrated over and again that choosing you to lead this fight against wicked merchants of death whose sole aim is to endanger and truncate the future of our youth is a very good choice Please keep up the good work Adesina quoted the Nigerian leader at a meeting later with members of his delegation as saying Buba Marwa is doing well Two tonnes of cocaine that s a haul The NDLEA had announced the highest cocaine seizure worth over 278 million dollars and arrest of drug barons including a foreigner in a major operation lasting two days across different locations in Lagos NewsSourceCredit NAN
    Smashing of international drug syndicate excites Buhari
     President Muhammadu Buhari has lauded the recent successful operation of the National Drug Law Enforcement Agency NDLEA leading to the smashing of an international drug syndicate and recovery of 1 855kg of cocaine Mr Femi Adesina the President s spokesman said in a statement on Monday in Abuja that the president made his feelings known when he originated a telephone call to Chairman of the NDLEA retired Brig Gen Buba Marwa from New York The president is currently in New York United States where he is attending the 77th session of the United Nations General Assembly UNGA 77 Buhari said that the news of the recovery gladdens his heart He said I deeply appreciate the work that you have put into the eradication of the drug menace It gladdens my heart as I continue to follow the successes achieved under your leadership You have demonstrated over and again that choosing you to lead this fight against wicked merchants of death whose sole aim is to endanger and truncate the future of our youth is a very good choice Please keep up the good work Adesina quoted the Nigerian leader at a meeting later with members of his delegation as saying Buba Marwa is doing well Two tonnes of cocaine that s a haul The NDLEA had announced the highest cocaine seizure worth over 278 million dollars and arrest of drug barons including a foreigner in a major operation lasting two days across different locations in Lagos NewsSourceCredit NAN
    Smashing of international drug syndicate excites Buhari
    General news3 weeks ago

    Smashing of international drug syndicate excites Buhari

    President Muhammadu Buhari has lauded the recent successful operation of the National Drug Law Enforcement Agency (NDLEA) leading to the smashing of an international drug syndicate and recovery of 1,855kg of cocaine.

    Mr Femi Adesina, the President’s spokesman, said in a statement on Monday in Abuja that the president made his feelings known when he originated a telephone call to Chairman of the NDLEA, retired Brig. Gen. Buba Marwa, from New York. The president is currently in New York, United States, where he is attending the 77th session of the United Nations General Assembly (UNGA 77), Buhari said that the news of the recovery gladdens his heart.

    He said: ”I deeply appreciate the work that you have put into the eradication of the drug menace.

    ”It gladdens my heart as I continue to follow the successes achieved under your leadership.

    “You have demonstrated over and again that choosing you to lead this fight against wicked merchants of death whose sole aim is to endanger and truncate the future of our youth is a very good choice.

    ”Please keep up the good work.

    ” Adesina quoted the Nigerian leader at a meeting later with members of his delegation as saying: “Buba Marwa is doing well.

    Two tonnes of cocaine, that’s a haul.

    ” The NDLEA had announced the “highest cocaine seizure” worth over 278 million dollars and arrest of drug barons including a foreigner in a major operation lasting two days across different locations in Lagos.


    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has departed Abuja on Sunday to attend the 77th General Assembly of the United Nations UNGA77 in New York United States The News Agency of Nigeria reports that the President s Chief of Staff Prof Ibrahim Gambari the Minister of the Federal Capital Territory FCT and some top government functionaries were at the airport to wish farewell to the president A statement earlier issued by the President s spokesman Mr Femi Adesina on Saturday said the Nigerian leader would address the UNGA on Sept 21 Aside his National Statement the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum NIEPF Adesina said The forum is convened by Nigeria in partnership with the Business Council for International Understanding Adesina added that the president would also participate in the EFCC NEPAD programme on combating illicit financial flows President Buhari will also hold strategic bilateral meetings with world leaders renowned investors and heads of multinational organisations while in New York he said The theme for the 77th session which opened on Tuesday Sept 13 is A watershed moment Transformative solutions to interlocking challenges Key topics of discussion at the UNGA this year include the war in Ukraine the global energy crisis climate action and ending the COVID 19 pandemic The UNGA will also hold a special summit of transforming education On the entourage of the president are his wife Aisha some governors ministers and top government officials The president is expected back in the country on Monday Sept 26 NewsSourceCredit NAN
    UNGA77: Buhari departs for New York Sunday
     President Muhammadu Buhari has departed Abuja on Sunday to attend the 77th General Assembly of the United Nations UNGA77 in New York United States The News Agency of Nigeria reports that the President s Chief of Staff Prof Ibrahim Gambari the Minister of the Federal Capital Territory FCT and some top government functionaries were at the airport to wish farewell to the president A statement earlier issued by the President s spokesman Mr Femi Adesina on Saturday said the Nigerian leader would address the UNGA on Sept 21 Aside his National Statement the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum NIEPF Adesina said The forum is convened by Nigeria in partnership with the Business Council for International Understanding Adesina added that the president would also participate in the EFCC NEPAD programme on combating illicit financial flows President Buhari will also hold strategic bilateral meetings with world leaders renowned investors and heads of multinational organisations while in New York he said The theme for the 77th session which opened on Tuesday Sept 13 is A watershed moment Transformative solutions to interlocking challenges Key topics of discussion at the UNGA this year include the war in Ukraine the global energy crisis climate action and ending the COVID 19 pandemic The UNGA will also hold a special summit of transforming education On the entourage of the president are his wife Aisha some governors ministers and top government officials The president is expected back in the country on Monday Sept 26 NewsSourceCredit NAN
    UNGA77: Buhari departs for New York Sunday
    General news3 weeks ago

    UNGA77: Buhari departs for New York Sunday

    President Muhammadu Buhari has departed Abuja on Sunday to attend the 77th General Assembly of the United Nations (UNGA77) in New York, United States.

    The News Agency of Nigeria reports that the President’s Chief of Staff, Prof. Ibrahim Gambari, the Minister of the Federal Capital Territory (FCT) and some top government functionaries were at the airport to wish farewell to the president.

    A statement earlier issued by the President’s spokesman, Mr Femi Adesina on Saturday, said the Nigerian leader would address the UNGA on Sept. 21. “Aside his National Statement, the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum (NIEPF),’’ Adesina said.

    The forum is convened by Nigeria in partnership with the Business Council for International Understanding.

    Adesina added that the president would also participate in the EFCC-NEPAD programme on combating illicit financial flows.

    “President Buhari will also hold strategic bilateral meetings with world leaders, renowned investors and heads of multinational organisations while in New York,’’ he said.

    The theme for the 77th session which opened on Tuesday, Sept. 13 is: “A watershed moment: Transformative solutions to interlocking challenges.

    ” Key topics of discussion at the UNGA this year include the war in Ukraine, the global energy crisis, climate action, and ending the COVID-19 pandemic.

    The UNGA will also hold a special summit of transforming education.

    On the entourage of the president are his wife, Aisha, some governors, ministers and top government officials.

    The president is expected back in the country on Monday, Sept. 26.
    NewsSourceCredit: NAN

  •  President Muhammadu Buhari has joined family members and friends to rejoice with former Minister of Finance Shamsuddeen Usman who clocks 73 on Sept 18 2023 The president in a congratulatory message by his spokesman Mr Femi Adesina on Saturday in Abuja extolled the economist banker and administrator for his unique influence on Nigeria s economic growth Usman was also onetime Minister of National Planning Buhari congratulated Usman for his pivotal leadership roles in the private and public sector setting the framework for the country s long term development strategy Vision 2020 and National Integrated Infrastructure Master Plan The president lauded Usman for being the first Minister of Finance to publicly declare his asset before assuming duty He affirmed that the hallmark of integrity discipline and diligence guides the public servant whose experience continues to inspire younger generations on the value of patriotism honour and dignity The President prayed for the wellbeing of Usman and his family RSA NewsSourceCredit NAN
    Buhari salutes ex-Minister of Finance, Shamsudeen Usman at 73
     President Muhammadu Buhari has joined family members and friends to rejoice with former Minister of Finance Shamsuddeen Usman who clocks 73 on Sept 18 2023 The president in a congratulatory message by his spokesman Mr Femi Adesina on Saturday in Abuja extolled the economist banker and administrator for his unique influence on Nigeria s economic growth Usman was also onetime Minister of National Planning Buhari congratulated Usman for his pivotal leadership roles in the private and public sector setting the framework for the country s long term development strategy Vision 2020 and National Integrated Infrastructure Master Plan The president lauded Usman for being the first Minister of Finance to publicly declare his asset before assuming duty He affirmed that the hallmark of integrity discipline and diligence guides the public servant whose experience continues to inspire younger generations on the value of patriotism honour and dignity The President prayed for the wellbeing of Usman and his family RSA NewsSourceCredit NAN
    Buhari salutes ex-Minister of Finance, Shamsudeen Usman at 73
    General news3 weeks ago

    Buhari salutes ex-Minister of Finance, Shamsudeen Usman at 73

    President Muhammadu Buhari has joined family members and friends to rejoice with former Minister of Finance, Shamsuddeen Usman, who clocks 73 on Sept. 18, 2023. The president, in a congratulatory message by his spokesman, Mr Femi Adesina, on Saturday in Abuja extolled the economist, banker and administrator for his unique influence on Nigeria’s economic growth.

    Usman was also onetime Minister of National Planning.

    Buhari congratulated Usman for his pivotal leadership roles in the private and public sector, setting the framework for the country’s long term development strategy, Vision 2020, and National Integrated Infrastructure Master Plan.The president lauded Usman for being the first Minister of Finance to publicly declare his asset before assuming duty.

    He affirmed that ”the hallmark of integrity, discipline and diligence guides the public servant, whose experience continues to inspire younger generations on the value of patriotism, honour and dignity.

    ”The President prayed for the wellbeing of Usman and his family.

    RSA
    NewsSourceCredit: NAN

  •  President Muhammadu Buhari is scheduled to depart Abuja on Sunday to attend the 77th General Assembly of the United Nations UNGA77 He will address the UNGA on Sept 21 his media aide Mr Femi Adesina stated in Abuja on Saturday Aside his National Statement the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum NIEPF he stated The forum is convened by Nigeria in partnership with the Business Council for International Understanding Adesina added that the president would also participate in the EFCC NEPAD programme on combating illicit financial flows President Buhari will also hold strategic bilateral meetings with world leaders renowned investors and heads of multinational organisations while in New York he added The theme for the 77th session which opened on Tuesday Sept 13 is A watershed moment Transformative solutions to interlocking challenges Key topics of discussion at the UNGA this year include the war in Ukraine the global energy crisis climate action and ending the COVID 19 pandemic The UNGA will also hold a special summit of transforming education On the entourage of the president are his wife Aisha some governors ministers and top government officials The president is expected back in the country on Monday Sept 26 NewsSourceCredit NAN
    Buhari to address 77th UN General Assembly
     President Muhammadu Buhari is scheduled to depart Abuja on Sunday to attend the 77th General Assembly of the United Nations UNGA77 He will address the UNGA on Sept 21 his media aide Mr Femi Adesina stated in Abuja on Saturday Aside his National Statement the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum NIEPF he stated The forum is convened by Nigeria in partnership with the Business Council for International Understanding Adesina added that the president would also participate in the EFCC NEPAD programme on combating illicit financial flows President Buhari will also hold strategic bilateral meetings with world leaders renowned investors and heads of multinational organisations while in New York he added The theme for the 77th session which opened on Tuesday Sept 13 is A watershed moment Transformative solutions to interlocking challenges Key topics of discussion at the UNGA this year include the war in Ukraine the global energy crisis climate action and ending the COVID 19 pandemic The UNGA will also hold a special summit of transforming education On the entourage of the president are his wife Aisha some governors ministers and top government officials The president is expected back in the country on Monday Sept 26 NewsSourceCredit NAN
    Buhari to address 77th UN General Assembly
    General news3 weeks ago

    Buhari to address 77th UN General Assembly

    President Muhammadu Buhari is scheduled to depart Abuja on Sunday to attend the 77th General Assembly of the United Nations (UNGA77).

    He will address the UNGA on Sept. 21, his media aide, Mr Femi Adesina stated in Abuja on Saturday.

    “Aside his National Statement, the president will also participate in high level meetings and side events including the Nigeria International Economic Partnership Forum (NIEPF),’’ he stated.

    The forum is convened by Nigeria in partnership with the Business Council for International Understanding.

    Adesina added that the president would also participate in the EFCC-NEPAD programme on combating illicit financial flows.

    “President Buhari will also hold strategic bilateral meetings with world leaders, renowned investors and heads of multinational organisations while in New York,’’ he added.

    The theme for the 77th session which opened on Tuesday, Sept. 13 is: “A watershed moment: Transformative solutions to interlocking challenges.

    ” Key topics of discussion at the UNGA this year include the war in Ukraine, the global energy crisis, climate action, and ending the COVID-19 pandemic.

    The UNGA will also hold a special summit of transforming education.

    On the entourage of the president are his wife, Aisha, some governors, ministers and top government officials.

    The president is expected back in the country on Monday, Sept. 26.
    NewsSourceCredit: NAN