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  •  The Federal Government on Friday unveiled the Nigeria Cooling Action Plan N CAP to promote sustainable and affordable access to cooling system The Minister of Environment Mr Mohammed Abdullahi while unveiling the N CAP at the commemoration of World Ozone Day WOD in Abuja said the objective of N CAP was to deliver the global environment agenda The minister was represented by Mr Charles Ikea Director Pollution and Environmental Health of the ministry Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol MP on substances that deplete the Ozone layer in 1987 He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances ODS so as to protect the Ozone layer Abdullahi said that the protocol was the most successful environmental agreement to date with universal ratification The minister said that the theme for the 2022 WOD is Montreal Protocol at 35 Global Cooperation Protecting life on Earth Abdullahi said that the theme highlighted the protocol s positive impact on the Ozone layer He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments to further protect the climate Abdullahi said the ministry with United Nations Development UNDP United Nations Industrialisation Development Organisation UNIDO had been implementing the phase out programme in Nigeria According to him in order to ensure the operationalisation of the N CAP being unveiled an implementation plan is developed and agreed by stakeholders The Plan includes the strategies to be adopted activities or actions to ensure the success of these strategies the responsible parties and timeline A major strategy of the N CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones is the rebate scheme This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price Abdullahi said The minister said that the scheme would require adequate funding urging financial institutions to co operate and support the ministry He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards MEPS This is recommended in the N CAP or even higher These efficient air conditioners can be installed in bank s ATM rooms and other spaces within the banking hall Abdullahi said He called on other development partners to support the government in the implementation of the N CAP by providing additional funding for the rebate scheme In the hospitality sector we also seek the co operation of hotels to procure efficient cooling appliances within the level of the MEPS recommended in the N CAP As for the agricultural sector the N CAP will play a key role in the efficient preservation of food thereby preventing food through a sustainable and efficient cold chain infrastructure In this food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage This will hopefully reduce contact between farmers and herders and prevent their incessant clashes Abdullahi said The Regional Director UNIDO Mr Jean Bakole said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer Bakole who was represented by Dr Osuji Otu National Programme Officer UNIDO said that the world achieved industrial success by discovering and manufacturing cooling gases aerosols for firefighting He said that the manufacturing of the items had created problems for the environment Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development NewsSourceCredit NAN
    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan
     The Federal Government on Friday unveiled the Nigeria Cooling Action Plan N CAP to promote sustainable and affordable access to cooling system The Minister of Environment Mr Mohammed Abdullahi while unveiling the N CAP at the commemoration of World Ozone Day WOD in Abuja said the objective of N CAP was to deliver the global environment agenda The minister was represented by Mr Charles Ikea Director Pollution and Environmental Health of the ministry Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol MP on substances that deplete the Ozone layer in 1987 He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances ODS so as to protect the Ozone layer Abdullahi said that the protocol was the most successful environmental agreement to date with universal ratification The minister said that the theme for the 2022 WOD is Montreal Protocol at 35 Global Cooperation Protecting life on Earth Abdullahi said that the theme highlighted the protocol s positive impact on the Ozone layer He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments to further protect the climate Abdullahi said the ministry with United Nations Development UNDP United Nations Industrialisation Development Organisation UNIDO had been implementing the phase out programme in Nigeria According to him in order to ensure the operationalisation of the N CAP being unveiled an implementation plan is developed and agreed by stakeholders The Plan includes the strategies to be adopted activities or actions to ensure the success of these strategies the responsible parties and timeline A major strategy of the N CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones is the rebate scheme This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price Abdullahi said The minister said that the scheme would require adequate funding urging financial institutions to co operate and support the ministry He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards MEPS This is recommended in the N CAP or even higher These efficient air conditioners can be installed in bank s ATM rooms and other spaces within the banking hall Abdullahi said He called on other development partners to support the government in the implementation of the N CAP by providing additional funding for the rebate scheme In the hospitality sector we also seek the co operation of hotels to procure efficient cooling appliances within the level of the MEPS recommended in the N CAP As for the agricultural sector the N CAP will play a key role in the efficient preservation of food thereby preventing food through a sustainable and efficient cold chain infrastructure In this food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage This will hopefully reduce contact between farmers and herders and prevent their incessant clashes Abdullahi said The Regional Director UNIDO Mr Jean Bakole said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer Bakole who was represented by Dr Osuji Otu National Programme Officer UNIDO said that the world achieved industrial success by discovering and manufacturing cooling gases aerosols for firefighting He said that the manufacturing of the items had created problems for the environment Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development NewsSourceCredit NAN
    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan
    Environment1 week ago

    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan

    The Federal Government on Friday unveiled the Nigeria Cooling Action Plan (N-CAP), to promote sustainable and affordable access to cooling system.

    The Minister of Environment, Mr Mohammed Abdullahi, while unveiling the N-CAP at the commemoration of World Ozone Day (WOD) in Abuja, said the objective of N-CAP was to deliver the global environment agenda.

    The minister was represented by Mr Charles Ikea, Director, Pollution and Environmental Health of the ministry.

    Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol (MP) on substances that deplete the Ozone layer in 1987. He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances (ODS), so as to protect the Ozone layer.

    Abdullahi said that the protocol was the most successful environmental agreement to date, with universal ratification.

    The minister said that the theme for the 2022 WOD is “Montreal Protocol at 35: Global Cooperation Protecting life on Earth”.

    Abdullahi said that the theme highlighted the protocol’s positive impact on the Ozone layer.

    He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments, to further protect the climate.

    Abdullahi said the ministry, with United Nations Development (UNDP), United Nations Industrialisation Development Organisation (UNIDO), had been implementing the phase – out programme in Nigeria.

    According to him, in order to ensure the operationalisation of the N-CAP being unveiled, an implementation plan is developed and agreed by stakeholders.

    “The Plan includes the strategies to be adopted, activities or actions to ensure the success of these strategies, the responsible parties and timeline.

    “A major strategy of the N-CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones, is the rebate scheme.

    “This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price,’’ Abdullahi said.

    The minister said that the scheme would require adequate funding, urging financial institutions to co-operate and support the ministry.

    He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards (MEPS).

    “This is recommended in the N-CAP or even higher.

    These efficient air conditioners can be installed in bank`s ATM rooms and other spaces within the banking hall,’’ Abdullahi said.

    He called on other development partners to support the government in the implementation of the N-CAP by providing additional funding for the rebate scheme.

    “In the hospitality sector, we also seek the co-operation of hotels to procure efficient cooling appliances, within the level of the MEPS recommended in the N-CAP.

    “As for the agricultural sector, the N-CAP will play a key role in the efficient preservation of food, thereby, preventing food , through a sustainable and efficient cold chain infrastructure.

    “In this, food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage.

    “This will hopefully reduce contact between farmers and herders and prevent their incessant clashes,’’ Abdullahi said.

    The Regional Director, UNIDO, Mr Jean Bakole, said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer.

    Bakole, who was represented by Dr Osuji Otu, National Programme Officer, UNIDO, said that the world achieved industrial success by discovering and manufacturing cooling gases, aerosols for firefighting.

    He said that the manufacturing of the items had created problems for the environment.

    Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development.


    NewsSourceCredit: NAN

  •  Mr Babatunde Irukera Vice Chairman Executive Officer of the Federal Competition and Consumer Protection Commission FCCPC says the commission is committed to promoting sustainable consumption in the country Irukera said this at a one day stakeholders workshop on National Sustainable Consumption and Waste Management in Nigeria on Tuesday in Lagos The workshop was organised by FCCPC Taskforce on the implementation of guiding principles on sustainable consumption to galvanise its operations He said to realise this objective the commission was working on an action plan for sustainable consumption which would soon be adopted to ensure an environmental friendly consumption behaviour in the country He said the sustainable consumption initiative was borne out a decision reached by stakeholders during the 2020 World Consumer Rights Day Irukera said the FCCPC promoted and proposed the adoption of certain guiding principles for sustainable consumption at the annual World Consumer Rights Day of 2020 The FCCPC boss said agreed sustainable consumption included consumer advocacy and regulatory engagement efforts in collaboration with the food and beverage companies About two years ago the FCCPC and alliance of food and beverages companies that sell their products using plastics came together at the consumers right day They decided that we should set up a taskforce that will address the question of sustainable consumption They have being working for the past two years and they have come up with an action plan he said He noted that the advocacy aspect involved engaging consumers more on handling waste generally particularly plastic which does not decompose as well as managing it in a manner that promotes recycling and saves the environment Irukera also said the other aspect entailed getting the companies to come together to adopt self regulatory principles The level of plastic waste management in the country is high and we have a big problem with that Although not as high as in other parts of the world but again we are talking about a particular waste here which is plastic and it is non degradable We also need to find more cost effective ways of distributing products and at the same time get consumers to be sensitive to their own habits he said According to him since the taskforce came into existence what it has done is mostly to come out with a plan In the interim while they were coming up with a plan we have done some advocacy work We see that recycling has become prevalent in the country We don t take credit for that but we have contributed to that process You must have seen in the news that we are trying to address producing multiple products in sachets so that we can make more progress and which has contributed to addressing this in a rubost manner he added Mr Christ Wulff Caesar Acting Chairman of the FCCPC Sustainable Consumption Taskforce said the action plan would be for the next five to 10 years He said the action plan would allow manufacturers consumers civil society groups recyclers all to work within a framework that ensured sustainable process especially with emphasis on disposing plastic waste According to him Nigerians should be responsible in a way to ensure sustainability of the environment In order to ensure sustainable consumption we need to change our behaviour on what we do as consumers manufacturers recyclers and civil society groups First of all as a taskforce our mandate is to evaluate policies in place and available data knowing the gaps we need to close which a committee is looking into so that we can change the legislation and behaviour of a society It is important to know what the problem we are dealing with is But at the end of the day the next phase of the taskforce is to communicate to the public the ideals and what is required in terms of sustainable consumption said Wulff Caesar Also Agharese Onaghise Executive Secretary of Food and Brevage Recycle Alliance said members supported the operations in waste management value chain enforced collection and recovery into productive use Onaghise said members also ensured community engagement education and awareness which the group continued to promote She said It s very critical for use in Nigeria to promote behavioural change for people to understand that the packaging material can be collected in an effective way so that it can be recycled effectively Lastly we also support policy drive dialogue When it comes to waste management in the country we need to implement an integrated approach This is because we know that a lot of us also consume products and these products have packaging materials How do we dispose them If we segregate at the source it would go a long way in ensuring an effective collective system so that effectively we can recycle and also manage the waste that comes out of the product The UNIDO Regional Director Mr Jean Bakole commended FCCPC for constructing the taskforce to come up with a framework for sustainable consumption and Waste Management with a focus on plastic waste in particular Bankole was represented by UNIDO s Private Sector development expert Mr Mustapha Alhaji The News Agency of Nigeria reports that the key stakeholders at the workshop are FCCPC Standards Organisation of Nigeria SON National Environmental Standards and Regulations Enforcement Agency NESREA and Federal Ministry of Health Others include Federal Ministry of Environment Civil Society Organisations and industry represented by Food and Beverage Recycling Alliance all adopted and committed to the principles NewsSourceCredit NAN
    FCCPC tasks Nigerians on sustainable consumption
     Mr Babatunde Irukera Vice Chairman Executive Officer of the Federal Competition and Consumer Protection Commission FCCPC says the commission is committed to promoting sustainable consumption in the country Irukera said this at a one day stakeholders workshop on National Sustainable Consumption and Waste Management in Nigeria on Tuesday in Lagos The workshop was organised by FCCPC Taskforce on the implementation of guiding principles on sustainable consumption to galvanise its operations He said to realise this objective the commission was working on an action plan for sustainable consumption which would soon be adopted to ensure an environmental friendly consumption behaviour in the country He said the sustainable consumption initiative was borne out a decision reached by stakeholders during the 2020 World Consumer Rights Day Irukera said the FCCPC promoted and proposed the adoption of certain guiding principles for sustainable consumption at the annual World Consumer Rights Day of 2020 The FCCPC boss said agreed sustainable consumption included consumer advocacy and regulatory engagement efforts in collaboration with the food and beverage companies About two years ago the FCCPC and alliance of food and beverages companies that sell their products using plastics came together at the consumers right day They decided that we should set up a taskforce that will address the question of sustainable consumption They have being working for the past two years and they have come up with an action plan he said He noted that the advocacy aspect involved engaging consumers more on handling waste generally particularly plastic which does not decompose as well as managing it in a manner that promotes recycling and saves the environment Irukera also said the other aspect entailed getting the companies to come together to adopt self regulatory principles The level of plastic waste management in the country is high and we have a big problem with that Although not as high as in other parts of the world but again we are talking about a particular waste here which is plastic and it is non degradable We also need to find more cost effective ways of distributing products and at the same time get consumers to be sensitive to their own habits he said According to him since the taskforce came into existence what it has done is mostly to come out with a plan In the interim while they were coming up with a plan we have done some advocacy work We see that recycling has become prevalent in the country We don t take credit for that but we have contributed to that process You must have seen in the news that we are trying to address producing multiple products in sachets so that we can make more progress and which has contributed to addressing this in a rubost manner he added Mr Christ Wulff Caesar Acting Chairman of the FCCPC Sustainable Consumption Taskforce said the action plan would be for the next five to 10 years He said the action plan would allow manufacturers consumers civil society groups recyclers all to work within a framework that ensured sustainable process especially with emphasis on disposing plastic waste According to him Nigerians should be responsible in a way to ensure sustainability of the environment In order to ensure sustainable consumption we need to change our behaviour on what we do as consumers manufacturers recyclers and civil society groups First of all as a taskforce our mandate is to evaluate policies in place and available data knowing the gaps we need to close which a committee is looking into so that we can change the legislation and behaviour of a society It is important to know what the problem we are dealing with is But at the end of the day the next phase of the taskforce is to communicate to the public the ideals and what is required in terms of sustainable consumption said Wulff Caesar Also Agharese Onaghise Executive Secretary of Food and Brevage Recycle Alliance said members supported the operations in waste management value chain enforced collection and recovery into productive use Onaghise said members also ensured community engagement education and awareness which the group continued to promote She said It s very critical for use in Nigeria to promote behavioural change for people to understand that the packaging material can be collected in an effective way so that it can be recycled effectively Lastly we also support policy drive dialogue When it comes to waste management in the country we need to implement an integrated approach This is because we know that a lot of us also consume products and these products have packaging materials How do we dispose them If we segregate at the source it would go a long way in ensuring an effective collective system so that effectively we can recycle and also manage the waste that comes out of the product The UNIDO Regional Director Mr Jean Bakole commended FCCPC for constructing the taskforce to come up with a framework for sustainable consumption and Waste Management with a focus on plastic waste in particular Bankole was represented by UNIDO s Private Sector development expert Mr Mustapha Alhaji The News Agency of Nigeria reports that the key stakeholders at the workshop are FCCPC Standards Organisation of Nigeria SON National Environmental Standards and Regulations Enforcement Agency NESREA and Federal Ministry of Health Others include Federal Ministry of Environment Civil Society Organisations and industry represented by Food and Beverage Recycling Alliance all adopted and committed to the principles NewsSourceCredit NAN
    FCCPC tasks Nigerians on sustainable consumption
    Economy2 weeks ago

    FCCPC tasks Nigerians on sustainable consumption

    Mr Babatunde Irukera, Vice Chairman Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), says the commission is committed to promoting sustainable consumption in the country.

    Irukera said this at a one-day stakeholders’ workshop on National Sustainable Consumption and Waste Management in Nigeria on Tuesday in Lagos.

    The workshop was organised by FCCPC Taskforce on the implementation of guiding principles on sustainable consumption, to galvanise its operations.

    He said to realise this objective, the commission was working on an action plan for sustainable consumption, which would soon be adopted to ensure an environmental-friendly consumption behaviour in the country.

    He said the sustainable consumption initiative was borne out a decision reached by stakeholders during the 2020 World Consumer Rights Day. Irukera said the FCCPC promoted and proposed the adoption of certain guiding principles for sustainable consumption at the annual World Consumer Rights Day of 2020. The FCCPC boss said agreed sustainable consumption included consumer advocacy and regulatory engagement efforts in collaboration with the food and beverage companies.

    “About two years ago, the FCCPC and alliance of food and beverages companies that sell their products using plastics came together at the consumers right day.

    “They decided that we should set up a taskforce that will address the question of sustainable consumption.

    They have being working for the past two years and they have come up with an action plan,” he said.

    He noted that the advocacy aspect involved engaging consumers more on handling waste generally, particularly plastic, which does not decompose as well as managing it in a manner that promotes recycling and saves the environment.

    Irukera also said the other aspect entailed getting the companies to come together to adopt self regulatory principles.

    “The level of plastic waste management in the country is high and we have a big problem with that.

    “Although, not as high as in other parts of the world, but again we are talking about a particular waste here, which is plastic and it is non degradable.

    “We also need to find more cost effective ways of distributing products and at the same time get consumers to be sensitive to their own habits,” he said.

    According to him, since the taskforce came into existence, what it has done is mostly to come out with a plan.

    “In the interim, while they were coming up with a plan, we have done some advocacy work.

    We see that recycling has become prevalent in the country.

    “We don’t take credit for that, but we have contributed to that process.

    “You must have seen in the news that we are trying to address producing multiple products in sachets, so that we can make more progress and which has contributed to addressing this in a rubost manner,” he added.

    Mr Christ Wulff-Caesar, Acting Chairman of the FCCPC Sustainable Consumption Taskforce, said the action plan would be for the next five to 10 years.

    He said the action plan would allow manufacturers, consumers, civil society groups, recyclers, all to work within a framework that ensured sustainable process, especially with emphasis on disposing plastic waste.

    According to him, Nigerians should be responsible in a way to ensure sustainability of the environment.

    “In order to ensure sustainable consumption, we need to change our behaviour on what we do as consumers, manufacturers, recyclers and civil society groups.

    “First of all, as a taskforce, our mandate is to evaluate policies in place and available data, knowing the gaps we need to close, which a committee is looking into; so that we can change the legislation and behaviour of a society.

    “It is important to know what the problem we are dealing with is.

    But at the end of the day, the next phase of the taskforce is to communicate to the public the ideals and what is required in terms of sustainable consumption,” said Wulff-Caesar.

    Also, Agharese Onaghise, Executive Secretary of Food and Brevage Recycle Alliance, said members supported the operations in waste management value chain, enforced collection and recovery into productive use.

    Onaghise said members also ensured community engagement, education and awareness, which the group continued to promote.

    She said, “It’s very critical for use in Nigeria to promote behavioural change for people to understand that the packaging material can be collected in an effective way so that it can be recycled effectively.

    “Lastly, we also support policy drive dialogue.

    When it comes to waste management in the country; we need to implement an integrated approach.

    “This is because we know that a lot of us also consume products and these products have packaging materials.

    How do we dispose them?

    “If we segregate at the source, it would go a long way in ensuring an effective collective system so that effectively we can recycle and also manage the waste that comes out of the product.

    ” The UNIDO Regional Director, Mr. Jean Bakole, commended FCCPC for constructing the taskforce to come up with a framework for sustainable consumption and Waste Management with a focus on plastic waste in particular.

    Bankole was represented by UNIDO’s Private Sector development expert, Mr. Mustapha Alhaji.

    The News Agency of Nigeria reports that the key stakeholders at the workshop are FCCPC, Standards Organisation of Nigeria (SON), National Environmental Standards and Regulations Enforcement Agency (NESREA) and Federal Ministry of Health.

    Others include Federal Ministry of Environment, Civil Society Organisations and industry, represented by Food and Beverage Recycling Alliance; all adopted and committed to the principles.

    )
    NewsSourceCredit: NAN

  •  NAN Mr Jean Bakole the Regional Director of United Nations Industrial Organisation UNIDO says a simpler economy is another avenue for wealth and job creation in the society Bakole said this while speaking with the News Agency of Nigeria on Wednesday in Abuja He said with a simpler economy the nation could create jobs and generate more revenue for an efficient economic growth People see environment as eternal while UNIDO sees it as an opportunity for wealth creation Through simpler economy we can generate more jobs and generate more revenue for the nation We are trying to see how we can recycle a number of waste products like solid e and plastic wastes We see them as a number of ideas that can help in the challenges of big waste produced by huge population in the society The News Agency of Nigeria reports that a simple economy is a very simple model of economic exchange It is a thought experiment of a world where in every time step each person gives one dollar to one other person at random if they have any money to give However If they have no money then they do not give out any money NAN NewsSourceCredit NAN
    Simpler economy, an avenue to generate revenue,   create jobs- UNIDO 
     NAN Mr Jean Bakole the Regional Director of United Nations Industrial Organisation UNIDO says a simpler economy is another avenue for wealth and job creation in the society Bakole said this while speaking with the News Agency of Nigeria on Wednesday in Abuja He said with a simpler economy the nation could create jobs and generate more revenue for an efficient economic growth People see environment as eternal while UNIDO sees it as an opportunity for wealth creation Through simpler economy we can generate more jobs and generate more revenue for the nation We are trying to see how we can recycle a number of waste products like solid e and plastic wastes We see them as a number of ideas that can help in the challenges of big waste produced by huge population in the society The News Agency of Nigeria reports that a simple economy is a very simple model of economic exchange It is a thought experiment of a world where in every time step each person gives one dollar to one other person at random if they have any money to give However If they have no money then they do not give out any money NAN NewsSourceCredit NAN
    Simpler economy, an avenue to generate revenue,   create jobs- UNIDO 
    Economy3 weeks ago

    Simpler economy, an avenue to generate revenue,   create jobs- UNIDO 

    NAN) Mr Jean Bakole, the  Regional Director of United Nations Industrial Organisation ( UNIDO) says a simpler economy is another avenue for wealth and job creation in the society.

    Bakole said this while speaking with the News Agency of Nigeria on Wednesday in Abuja.

    He said, ”with a simpler economy, the nation could create jobs and generate more revenue for an efficient economic growth.

    ”People see environment as eternal while UNIDO sees it as an opportunity for wealth creation.

    ” Through simpler economy,  we can generate more jobs and generate more  revenue for the nation.

    ” We are trying to see how we can recycle a number of waste products like  solid, e, and plastic wastes.

    ” We see them as a number of ideas that can help in the challenges of big waste produced by huge population in the society.

    ”The News Agency of Nigeria reports that a simple economy is a very simple model of economic exchange.

    It is a thought experiment of a world where, in every time step, each person gives one dollar to one other person, at random, if they have any money to give.

    However, If they have no money, then they do not give out any money.

    ( NAN )
    NewsSourceCredit: NAN

  •  The United Nations Industrial Development Organisation UNIDO said it had inaugurated a pilot project in Nigeria aimed at targeting startups in manufacturing of quality healthcare products Mr Jean Bakole Regional Director and ECOWAS Representative of UNIDO said this in an interview with the News Agency of Nigeria on Tuesday in Abuja Bakole said the best way to promote the manufacturing sector in a country was by producing high quality products He added that UNIDO piloted a programme to train Small and Medium Enterprises SMEs to produce high quality health products According to him to manufacture products locally it was imperative to improve on the quality especially when it has to do with health products to prevent negative effects He said that UNIDO had selected about 200 SMEs for the project adding that the organisation had covered about 23 states in the country Bakole who said that UNIDO was supporting the Nigerian government with its country programme added that it had another tool called the programme partnership He stated that the important thing about the project was that it targeted startups which constituted the future of the global economy saying that Nigeria cannot lag behind Startups constitute a high category of actors that cannot be ignored and there is a significant amount of startups globally In 2021 startups contributed approximately three trillion dollars globally in terms of value In Africa they contributed 7billion while about 1billion was also contributed in Nigeria in terms of value This means that they constitute a big potential force for the country and because these initiatives are driven by young people we have to support them to move ahead he said The regional director said that the programme was the country programme of the Nigerian government and UNIDO relied on the achievements made so far in the sector from the government of Nigeria Our activities constitute a clean response to state and federal industrial needs and UNIDO saw strong support from the Nigerian government We cannot move ahead without the ownership by the government We have engaged in a dialogue and some projects with 10 states which were integrated with a number of UNIDO programmes We have also been working on some other projects in states such as Gombe Ogun and Nasarawa We are also engaged in other state governments policies industrial policies environmental policies amongst others he added Bakole added that the organisation s programme in Nigeria and the country s implementation was highly supported by the Nigerian government NAN www NewsSourceCredit NAN
    UNIDO inaugurates pilot project, targets startups
     The United Nations Industrial Development Organisation UNIDO said it had inaugurated a pilot project in Nigeria aimed at targeting startups in manufacturing of quality healthcare products Mr Jean Bakole Regional Director and ECOWAS Representative of UNIDO said this in an interview with the News Agency of Nigeria on Tuesday in Abuja Bakole said the best way to promote the manufacturing sector in a country was by producing high quality products He added that UNIDO piloted a programme to train Small and Medium Enterprises SMEs to produce high quality health products According to him to manufacture products locally it was imperative to improve on the quality especially when it has to do with health products to prevent negative effects He said that UNIDO had selected about 200 SMEs for the project adding that the organisation had covered about 23 states in the country Bakole who said that UNIDO was supporting the Nigerian government with its country programme added that it had another tool called the programme partnership He stated that the important thing about the project was that it targeted startups which constituted the future of the global economy saying that Nigeria cannot lag behind Startups constitute a high category of actors that cannot be ignored and there is a significant amount of startups globally In 2021 startups contributed approximately three trillion dollars globally in terms of value In Africa they contributed 7billion while about 1billion was also contributed in Nigeria in terms of value This means that they constitute a big potential force for the country and because these initiatives are driven by young people we have to support them to move ahead he said The regional director said that the programme was the country programme of the Nigerian government and UNIDO relied on the achievements made so far in the sector from the government of Nigeria Our activities constitute a clean response to state and federal industrial needs and UNIDO saw strong support from the Nigerian government We cannot move ahead without the ownership by the government We have engaged in a dialogue and some projects with 10 states which were integrated with a number of UNIDO programmes We have also been working on some other projects in states such as Gombe Ogun and Nasarawa We are also engaged in other state governments policies industrial policies environmental policies amongst others he added Bakole added that the organisation s programme in Nigeria and the country s implementation was highly supported by the Nigerian government NAN www NewsSourceCredit NAN
    UNIDO inaugurates pilot project, targets startups
    Economy4 weeks ago

    UNIDO inaugurates pilot project, targets startups

    The United Nations Industrial Development Organisation (UNIDO), said it had inaugurated a pilot project in Nigeria aimed at targeting startups in manufacturing of quality healthcare products.

    Mr Jean Bakole, Regional Director and ECOWAS Representative of UNIDO, said this in an interview with the News Agency of Nigeria on Tuesday in Abuja.

    Bakole said the best way to promote the manufacturing sector in a country was by producing high quality products.

    He added that UNIDO piloted a programme to train Small and Medium Enterprises (SMEs) to produce high quality health products.

    According to him, to manufacture products locally, it was imperative to improve on the quality especially when it has to do with health products to prevent negative effects.

    He said that UNIDO had selected about 200 SMEs for the project, adding that the organisation had covered about 23 states in the country.

    Bakole, who said that UNIDO was supporting the Nigerian government with its country programme, added that it had another tool called ‘ ‘the programme partnership”.

    He stated that the important thing about the project was that it targeted startups which constituted the future of the global economy,  saying that Nigeria cannot lag behind.

    “Startups constitute a high category of actors that cannot be ignored and there is a significant amount of startups globally.

    “In 2021, startups contributed approximately three trillion dollars globally in terms of value “In Africa they contributed $7billion, while about $1billion was also contributed in Nigeria in terms of value.

    “This means that they constitute a big potential force for the country and because these initiatives are driven by young people, we have to support them to move ahead,” he said.

    The regional director said that the programme was the country programme of the Nigerian government and UNIDO relied on the achievements made so far in the sector from the government of Nigeria.

    “Our activities constitute a clean response to state and federal industrial needs and UNIDO saw strong support from the Nigerian government.

    “We cannot move ahead without the ownership by the government “We have engaged in a dialogue and some projects with 10 states which were integrated with a number of UNIDO programmes.

    “We have also been working on some other projects in states such as Gombe, Ogun and Nasarawa.

    “We are also engaged in other state governments’ policies, industrial policies, environmental policies amongst others,” he added.

    Bakole added that the organisation’s programme in Nigeria and the country’s implementation was highly supported by the Nigerian government.

    (NAN )( www.


    NewsSourceCredit: NAN

  •   SMEs key to economic growth in Nigeria UNIDO boss SMEs key to economic growth in Nigeria UNIDO boss Growth By Chinenye Offor Abuja Aug 29 NAN Mr Jean Bakole the Regional Director United Nations Industrial Organisation UNIDO said that Smail and Medium Enterprises SMEs have the capacity to boost the Nigerian economy Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja He said that SMEs accounted for about 96 per cent of all business activities in the country He said that the current economic situation in the country could be boosted through the contribution of MSMEs if given needed attention According to him the contribution of MSMEs to the Nigerian economy cannot be over emphasised as it had contributed immensely to the economic development of the country The MSMEs contributes about 50 per cent of the GDP and they provided over 48 per cent of all employment opportunities in the country But in spite of their critical role in the economy they are faced with series of daunting challenges exacerbated by the COVID 19 pandemic Bakole however revealed that the capacity building project embarked upon by the agency had strengthened about 124 MSMEs in the health sector to transform into the formal sector He added that the project had also helped to develop the rural economy create sustainable economic growth and development while providing quality PPEs and other healthcare related products SMEs constitute the future of the economy globally and Nigeria cannot be left behind It is imperative to improve on them The role of the MSMEs is absolutely key in Nigerian economy as they represent 96 per cent of the business activities in the country and contribute to economic growth They are contributing up to 50 per cent of the national GDP and account for 48 per cent of all employments in the country In spite of the critical role of the MSMEs they are facing a number of challenges in the country like limit to accessing finance and markets Others are infrastructure deficit multiple taxation technological disruptions and regulations framework issues he said Bakole further said that SMEs were strategic and essential for accelerating economic growth globally adding Nigeria needed to key into the trend NewsSourceCredit NAN
    SMEs  key to economic growth in Nigeria– UNIDO boss 
      SMEs key to economic growth in Nigeria UNIDO boss SMEs key to economic growth in Nigeria UNIDO boss Growth By Chinenye Offor Abuja Aug 29 NAN Mr Jean Bakole the Regional Director United Nations Industrial Organisation UNIDO said that Smail and Medium Enterprises SMEs have the capacity to boost the Nigerian economy Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja He said that SMEs accounted for about 96 per cent of all business activities in the country He said that the current economic situation in the country could be boosted through the contribution of MSMEs if given needed attention According to him the contribution of MSMEs to the Nigerian economy cannot be over emphasised as it had contributed immensely to the economic development of the country The MSMEs contributes about 50 per cent of the GDP and they provided over 48 per cent of all employment opportunities in the country But in spite of their critical role in the economy they are faced with series of daunting challenges exacerbated by the COVID 19 pandemic Bakole however revealed that the capacity building project embarked upon by the agency had strengthened about 124 MSMEs in the health sector to transform into the formal sector He added that the project had also helped to develop the rural economy create sustainable economic growth and development while providing quality PPEs and other healthcare related products SMEs constitute the future of the economy globally and Nigeria cannot be left behind It is imperative to improve on them The role of the MSMEs is absolutely key in Nigerian economy as they represent 96 per cent of the business activities in the country and contribute to economic growth They are contributing up to 50 per cent of the national GDP and account for 48 per cent of all employments in the country In spite of the critical role of the MSMEs they are facing a number of challenges in the country like limit to accessing finance and markets Others are infrastructure deficit multiple taxation technological disruptions and regulations framework issues he said Bakole further said that SMEs were strategic and essential for accelerating economic growth globally adding Nigeria needed to key into the trend NewsSourceCredit NAN
    SMEs  key to economic growth in Nigeria– UNIDO boss 
    Economy4 weeks ago

    SMEs  key to economic growth in Nigeria– UNIDO boss 

    SMEs  key to economic growth in Nigeria– UNIDO boss  SMEs key to economic growth in Nigeria–UNIDO boss Growth By Chinenye Offor Abuja, Aug. 29, ( NAN) Mr Jean Bakole , the Regional Director, United Nations Industrial Organisation (UNIDO),  said that Smail and Medium Enterprises (SMEs), have the capacity to boost the Nigerian economy.

    Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja.

    He said that SMEs accounted  for about 96 per cent  of  all business activities in the country.

    He said that the current economic situation in the country could be boosted through the contribution of MSMEs, if given needed attention.

    According to him, the contribution of MSMEs to the Nigerian economy cannot be over-emphasised, as it had contributed immensely to the economic development of the country.

    “The MSMEs contributes about 50 per cent of the GDP, and they provided over 48 per cent of all employment opportunities in the  country.

    “But, in spite of their critical role in the economy, they are faced with series  of daunting challenges exacerbated by the COVID-19 pandemic.

    ” Bakole, however, revealed that the capacity-building project embarked upon by the agency had strengthened about 124 MSMEs in the health sector to transform into the formal sector .

    He added that the project had also helped to develop the rural economy,  create sustainable economic growth and development, while providing quality PPEs and other healthcare-related products.

    “SMEs constitute the future of the economy globally, and Nigeria cannot be left behind.

    It is imperative to improve on them.

    “The role of the MSMEs is absolutely key in  Nigerian economy as  they represent  96 per cent of the business activities in the country, and contribute to economic growth.

    “They are contributing up to 50 per cent of the national GDP and account for 48 per cent of all employments in the country.

    “In spite of the critical role of the MSMEs,  they are facing a number of challenges in the country, like  limit to accessing finance and markets, “Others are infrastructure deficit, multiple taxation, technological disruptions and regulations framework issues”, he said.

    Bakole further said that SMEs were strategic and essential for accelerating economic growth globally, adding, ” Nigeria needed to key into the trend.


    NewsSourceCredit: NAN

  •  The Federal Government is to partner with the World Bank to establish Agro Climate Resilience in Semi Arid Landscapes ACRESAL programme to remediate drylands and wetlands across the country The Minister of Environment Alhaji Mohammed Abdullahi said this at the 16th meeting of National Council on Environment in Abuja on Thursday Abdullahi said that the effort would improve the semi arid areas in the country He said that the theme of the meeting was Pursuit of Zero Emission A Trajectory Towards Global Environment Renaissance Abdullahi said that the essence of the meeting was to have relevant stakeholders ideas and knowledge that would proffer solution to the environmental challenges He said that the ministry had commenced discussion on the establishment of National Institute of Environmental Studies to provide ideas in addressing environmental challenges According to him Nigeria has also assumed the leadership of the Pan African Great Green Wall PAGGW and that the essence is to address land degradation in the country He said that President Muhammadu Buhari was elected as the President of the Conference of Heads of State and Government for a two year term Accordingly Mr President is driving the funding initiative under the Great Green Wall GGW accelerator to fund each country s priorities Closely aligned to the objectives of the PAGGW is the need for a robust tree planting campaign The president launched the campaign on the sidelines of the PAGGW Council of Ministers Meeting on June 16 States are encouraged to drive their tree planting campaign so that collectively we can meet the 25 million trees target by 2023 There is no better time to reset our relation with nature than now he said Abdullahi said that the world was being confronted with enormous environmental challenges He called for urgent collective step up action by everyone irrespective of social status religion political leaning for drastic restoration of natural ecosystem The minister gave assurance that the government would continue to provide every necessary support required to ensure a successful journey to net zero emission Government is committed to ensure that we all live in harmony with nature and brighter hope of sustainable development he said The Representative of Food Agriculture Organisation FAO in Nigeria Mr Abubakar Suleiman said that the theme was a call for action to achieving net zero greenhouse gas emission Suleiman said that the signing of Climate Change Act into law by President Muhammadu Buhari would help Nigeria to achieve environmental sustainability goals The vision of Nigeria aligns with FAO global efforts in supporting its member countries in their efforts to climate change adaptation and mitigation working towards climate resilient and low emission agri food systems FAO over the last 40 years of establishing its country office in Nigeria has been providing support to government institutions and their partners within the framework of Nigeria Country Programming Framework CPF he said Dr Jean Bakole Country Representative and Regional Director United Nations for Industrial Development Organisation UNIDO said that the organisation was committed to supporting Nigeria in promoting sustainable industrial development He said that UNIDO was positioned to support member states in identifying and addressing emerging environmental issues Therefore UNIDO will continue to provide technical support to Nigeria on achieving a net zero status through the promotion of clean technology and renewable energy he said NewsSourceCredit NAN
    FG partners with World Bank for land remediation
     The Federal Government is to partner with the World Bank to establish Agro Climate Resilience in Semi Arid Landscapes ACRESAL programme to remediate drylands and wetlands across the country The Minister of Environment Alhaji Mohammed Abdullahi said this at the 16th meeting of National Council on Environment in Abuja on Thursday Abdullahi said that the effort would improve the semi arid areas in the country He said that the theme of the meeting was Pursuit of Zero Emission A Trajectory Towards Global Environment Renaissance Abdullahi said that the essence of the meeting was to have relevant stakeholders ideas and knowledge that would proffer solution to the environmental challenges He said that the ministry had commenced discussion on the establishment of National Institute of Environmental Studies to provide ideas in addressing environmental challenges According to him Nigeria has also assumed the leadership of the Pan African Great Green Wall PAGGW and that the essence is to address land degradation in the country He said that President Muhammadu Buhari was elected as the President of the Conference of Heads of State and Government for a two year term Accordingly Mr President is driving the funding initiative under the Great Green Wall GGW accelerator to fund each country s priorities Closely aligned to the objectives of the PAGGW is the need for a robust tree planting campaign The president launched the campaign on the sidelines of the PAGGW Council of Ministers Meeting on June 16 States are encouraged to drive their tree planting campaign so that collectively we can meet the 25 million trees target by 2023 There is no better time to reset our relation with nature than now he said Abdullahi said that the world was being confronted with enormous environmental challenges He called for urgent collective step up action by everyone irrespective of social status religion political leaning for drastic restoration of natural ecosystem The minister gave assurance that the government would continue to provide every necessary support required to ensure a successful journey to net zero emission Government is committed to ensure that we all live in harmony with nature and brighter hope of sustainable development he said The Representative of Food Agriculture Organisation FAO in Nigeria Mr Abubakar Suleiman said that the theme was a call for action to achieving net zero greenhouse gas emission Suleiman said that the signing of Climate Change Act into law by President Muhammadu Buhari would help Nigeria to achieve environmental sustainability goals The vision of Nigeria aligns with FAO global efforts in supporting its member countries in their efforts to climate change adaptation and mitigation working towards climate resilient and low emission agri food systems FAO over the last 40 years of establishing its country office in Nigeria has been providing support to government institutions and their partners within the framework of Nigeria Country Programming Framework CPF he said Dr Jean Bakole Country Representative and Regional Director United Nations for Industrial Development Organisation UNIDO said that the organisation was committed to supporting Nigeria in promoting sustainable industrial development He said that UNIDO was positioned to support member states in identifying and addressing emerging environmental issues Therefore UNIDO will continue to provide technical support to Nigeria on achieving a net zero status through the promotion of clean technology and renewable energy he said NewsSourceCredit NAN
    FG partners with World Bank for land remediation
    General news2 months ago

    FG partners with World Bank for land remediation

    The Federal Government is to partner with the World Bank to establish Agro-Climate Resilience in Semi-Arid Landscapes (ACRESAL), programme to remediate drylands and wetlands across the country.

    The Minister of Environment, Alhaji Mohammed Abdullahi, said this at the 16th meeting of National Council on Environment, in Abuja on Thursday.

    Abdullahi said that the effort would improve the semi arid areas in the country.

    He said that the theme of the meeting was “Pursuit of Zero Emission, A Trajectory Towards Global Environment Renaissance”.

    Abdullahi said that the essence of the meeting was to have relevant stakeholders’ ideas and knowledge that would proffer solution to the environmental challenges.

    He said that the ministry had commenced discussion on the establishment of National Institute of Environmental Studies, to provide ideas in addressing environmental challenges.

    According to him, Nigeria has also assumed the leadership of the Pan African Great Green Wall (PAGGW), and that the essence is to address land degradation in the country.

    He said that President Muhammadu Buhari was elected as the President of the  Conference of Heads of State and Government for a two year term.

    “Accordingly, Mr President is driving the funding initiative under the Great Green Wall (GGW) accelerator to fund each country’s priorities.

    “Closely aligned to the objectives of the PAGGW is the need for a robust tree planting campaign.

    “The president launched the campaign on the sidelines of the PAGGW Council of Ministers Meeting on June 16. “States are encouraged to drive their tree planting campaign so that collectively we can meet the 25 million trees target by 2023. “There is no better time to reset our relation with nature than now,” he said.

    Abdullahi said that the world was being confronted with enormous environmental challenges.

    He called for urgent collective step-up action by everyone, irrespective of social status, religion, political leaning for drastic restoration of natural ecosystem.

    The minister gave assurance that the government would continue to provide every necessary support required to ensure a successful journey to net-zero emission.

    “Government is committed to ensure that we all live in harmony with nature and brighter hope of sustainable development,” he said.

    The Representative of Food Agriculture Organisation (FAO) in Nigeria, Mr Abubakar Suleiman, said that the theme was a call for action to achieving net-zero greenhouse gas emission.

    Suleiman said that the signing of Climate Change Act into law by President Muhammadu Buhari would help Nigeria to achieve environmental sustainability goals.

    “The vision of Nigeria aligns with FAO global efforts in supporting its member countries in their efforts to climate change adaptation and mitigation, working towards climate-resilient and low-emission agri-food systems.

    “FAO over the last 40 years of establishing its country office in Nigeria has been providing support to government institutions and their partners, within the framework of Nigeria Country Programming Framework (CPF),” he said.

    Dr Jean Bakole, Country Representative and Regional Director, United Nations for Industrial Development Organisation (UNIDO), said that the organisation was committed to supporting Nigeria in promoting sustainable industrial development.

    He said that UNIDO was positioned to support member states in identifying and addressing emerging environmental issues.

    “Therefore, UNIDO will continue to provide technical support to Nigeria on achieving a net-zero status through the promotion of clean technology and renewable energy,” he said.


    NewsSourceCredit: NAN

  •  The United Nations Industrial Development Organisation UNIDO has reiterated its commitment to support the Nigerian government to accelerate its industrialisation process Mr Jean Bakole the Regional Director of UNIDO and ECOWAS said this in an interview with the News Agency of Nigeria on Friday in Abuja Bakole also the representative of both organisations said that UNIDO had received a request from President Muhammadu Buhari on the need to support Nigeria s initiatives aimed at diversifying the economy and boosting economic growth According to him the request is a demonstration of the commitment of the Nigerian government to boost its economy through the acceleration of the industrial sector Bankole said that UNIDO would also support the Public and Private Partnership initiatives of the government to ensure both parties achieved the mandate According to him the public institutions cannot achieve their objectives in accelerating industrialisation programme without partnering with the private sector He said that the private sector would on the other hand not get it right in actualising the desired goals without adhering to the regulatory framework provided by the government Bakole also said that the regulatory framework and policy of the Nigerian government had created a number of incentives that would guide the private sector in meeting its target The government is focusing on sectors such as the economic sector and UNIDO has key roles to play in supporting the government in achieving its mandates UNIDO activities in the country are quite dynamic and the country has designed a development plan that will begin from 2022 2026 which highlights on key sectors such as industralisation We are going to give our support in areas such as the agro processing manufacturing sector MSMEs energy power supply and environment among orhers he said According to him it is also imperative to consider a policy and framework that is favourable to all parties in order to achieve the desired goal NewsSourceCredit NAN
    Industrialisation: UNIDO restates support to Nigeria to fast-track process
     The United Nations Industrial Development Organisation UNIDO has reiterated its commitment to support the Nigerian government to accelerate its industrialisation process Mr Jean Bakole the Regional Director of UNIDO and ECOWAS said this in an interview with the News Agency of Nigeria on Friday in Abuja Bakole also the representative of both organisations said that UNIDO had received a request from President Muhammadu Buhari on the need to support Nigeria s initiatives aimed at diversifying the economy and boosting economic growth According to him the request is a demonstration of the commitment of the Nigerian government to boost its economy through the acceleration of the industrial sector Bankole said that UNIDO would also support the Public and Private Partnership initiatives of the government to ensure both parties achieved the mandate According to him the public institutions cannot achieve their objectives in accelerating industrialisation programme without partnering with the private sector He said that the private sector would on the other hand not get it right in actualising the desired goals without adhering to the regulatory framework provided by the government Bakole also said that the regulatory framework and policy of the Nigerian government had created a number of incentives that would guide the private sector in meeting its target The government is focusing on sectors such as the economic sector and UNIDO has key roles to play in supporting the government in achieving its mandates UNIDO activities in the country are quite dynamic and the country has designed a development plan that will begin from 2022 2026 which highlights on key sectors such as industralisation We are going to give our support in areas such as the agro processing manufacturing sector MSMEs energy power supply and environment among orhers he said According to him it is also imperative to consider a policy and framework that is favourable to all parties in order to achieve the desired goal NewsSourceCredit NAN
    Industrialisation: UNIDO restates support to Nigeria to fast-track process
    Economy2 months ago

    Industrialisation: UNIDO restates support to Nigeria to fast-track process

    The United Nations Industrial Development Organisation (UNIDO), has reiterated its commitment to support the Nigerian government to accelerate its industrialisation process.

    Mr Jean Bakole, the Regional Director of UNIDO and ECOWAS said this in an interview with the News Agency of Nigeria on Friday in Abuja.

    Bakole, also the representative of both organisations, said that UNIDO had received a request from President Muhammadu Buhari on the need to support Nigeria’s initiatives aimed at diversifying the economy and boosting economic growth.

    According to him, the request is a demonstration of the commitment of the Nigerian government to boost its economy through the acceleration of the industrial sector.

    Bankole said that UNIDO would also support the Public and Private Partnership initiatives of the government to ensure both parties achieved the mandate.

    According to him, the public institutions cannot achieve their objectives in accelerating industrialisation programme without partnering with the private sector.

    He said that the private sector would on the other hand not get it right in actualising the desired goals without adhering to the regulatory framework provided by the government.

    Bakole also said that the regulatory framework and policy of the Nigerian government had created a number of incentives that would guide the private sector in meeting its target.

    “The government is focusing on sectors such as the economic sector and UNIDO has key roles to play in supporting the government in achieving its mandates.

    “UNIDO activities in the country are quite dynamic and the country has designed a development plan that will begin from 2022- 2026 which highlights on key sectors such as industralisation.

    “We are going to  give our support in  areas such as the  agro processing, manufacturing sector, MSMEs, energy, power supply, and environment among orhers,’’ he said.

    According to him, it is also imperative to consider a policy and framework that is favourable to all parties in order to achieve the desired goal.


    NewsSourceCredit: NAN

  •  Mr Jean Bakole Regional Director United Nations Industrial Development Organisation UNIDO says the organisation has provided free training for 15 000 small and medium entrepreneurs SMEs in Nigeria Bakole told the News Agency of Nigeria on Thursday in Abuja that the support for the SMEs was part of UNIDO s technical support and response which focused on industrial governance He added that the training was aimed at supporting the SMEs on skill acquisition to formalise their businesses helping them on master plan development and facilitating their access to credit Bakole said that SMEs represented about 96 per cent of the businesses in the country adding that attention should be given to them since they were the foundation of industries According to him the SMEs currently contribute 50 per cent of the GDP and have provided over 48 per cent of employment opportunities in the country SMEs are important tools for industries and there is no way a country can move forward in the acceleration of industries without consolidating them Nigeria has many unemployed youths and provision and support for SMEs will help in creating jobs thereby reducing the number of unemployed youths in the country he said Bakole stressed the need to make changes and initiate strategies to improve the industrial sector It is imperative also to improve on data on SMEs as they are here to provide services for big scale industry with both constituting very good platform to create more jobs in the society SMEs represent 96 per cent of the businesses in the country We should therefore not neglect their importance in the area of job creation and contributions to the nation s economic growth he said NewsSourceCredit NAN
    UNIDO provides free training for 15,000 SMEs
     Mr Jean Bakole Regional Director United Nations Industrial Development Organisation UNIDO says the organisation has provided free training for 15 000 small and medium entrepreneurs SMEs in Nigeria Bakole told the News Agency of Nigeria on Thursday in Abuja that the support for the SMEs was part of UNIDO s technical support and response which focused on industrial governance He added that the training was aimed at supporting the SMEs on skill acquisition to formalise their businesses helping them on master plan development and facilitating their access to credit Bakole said that SMEs represented about 96 per cent of the businesses in the country adding that attention should be given to them since they were the foundation of industries According to him the SMEs currently contribute 50 per cent of the GDP and have provided over 48 per cent of employment opportunities in the country SMEs are important tools for industries and there is no way a country can move forward in the acceleration of industries without consolidating them Nigeria has many unemployed youths and provision and support for SMEs will help in creating jobs thereby reducing the number of unemployed youths in the country he said Bakole stressed the need to make changes and initiate strategies to improve the industrial sector It is imperative also to improve on data on SMEs as they are here to provide services for big scale industry with both constituting very good platform to create more jobs in the society SMEs represent 96 per cent of the businesses in the country We should therefore not neglect their importance in the area of job creation and contributions to the nation s economic growth he said NewsSourceCredit NAN
    UNIDO provides free training for 15,000 SMEs
    Economy2 months ago

    UNIDO provides free training for 15,000 SMEs

    Mr Jean Bakole, Regional Director, United Nations Industrial Development Organisation (UNIDO), says the organisation has provided free training for 15,000 small and medium entrepreneurs (SMEs) in Nigeria.

    Bakole told the News Agency of Nigeria on Thursday in Abuja that the support for the SMEs was part of UNIDO’s technical support and response which focused on industrial governance.

    He added that the training was aimed at supporting the SMEs on skill acquisition to formalise their businesses, helping them on master plan development and facilitating their access to credit.

    Bakole said that SMEs represented about 96 per cent of the businesses in the country, adding that attention should be given to them since they were the foundation of industries.

    According to him, the SMEs currently contribute 50 per cent of the GDP and have provided over 48 per cent of employment opportunities in the country.

    “SMEs are important tools for industries and there is no way a country can move forward in the acceleration of industries without consolidating them.

    “Nigeria has  many unemployed youths, and provision and support for SMEs will help in creating jobs, thereby reducing the number of unemployed youths in the country,” he said.

    Bakole stressed the need to make changes and initiate strategies to improve the industrial sector.

    “It is imperative also to improve on data on SMEs, as they are here to provide services for big scale industry, with both constituting very good platform to create more jobs in the society.

    “SMEs represent 96 per cent of the businesses in the country.

    We should, therefore, not neglect their   importance in the area of job creation and contributions to the nation’s economic growth,” he said.

    NewsSourceCredit: NAN

  •  Mr Jean Bakole the Country Representative United Nations Industrial Development Organisation UNIDO says agriculture is critical to diversifying the Nigeria s economy Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja He said that the nation was richly blessed in the agro industry and business which could grow the economy if effectively harnessed According to him agricultural produce if processed and exported will generate revenue thereby contributing to the nation s economic growth He said that the sector if given the needed attention would respond to some of the country s needs such as food security and job creation The best idea that can be used to boost revenue generation in a population of more than 200 million people in Nigeria is by creating job opportunities in that sector It is imperative to ensure that activities linked to the manufacturing sector in this country are given attention While manufacturing products locally and increasing productivity there is the need to provide necessary support to improve on quality so that these products will not affect our health negatively If we do not produce high quality products we are going to face challenges in the local market and also in the regional market he said Bakole said that in advancing the economy competitiveness was important adding that producing high quality products remained key www nannewa ng NewsSourceCredit NAN
    Agriculture key to Nigeria’s economic diversification, improved revenue generation — UNIDO boss
     Mr Jean Bakole the Country Representative United Nations Industrial Development Organisation UNIDO says agriculture is critical to diversifying the Nigeria s economy Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja He said that the nation was richly blessed in the agro industry and business which could grow the economy if effectively harnessed According to him agricultural produce if processed and exported will generate revenue thereby contributing to the nation s economic growth He said that the sector if given the needed attention would respond to some of the country s needs such as food security and job creation The best idea that can be used to boost revenue generation in a population of more than 200 million people in Nigeria is by creating job opportunities in that sector It is imperative to ensure that activities linked to the manufacturing sector in this country are given attention While manufacturing products locally and increasing productivity there is the need to provide necessary support to improve on quality so that these products will not affect our health negatively If we do not produce high quality products we are going to face challenges in the local market and also in the regional market he said Bakole said that in advancing the economy competitiveness was important adding that producing high quality products remained key www nannewa ng NewsSourceCredit NAN
    Agriculture key to Nigeria’s economic diversification, improved revenue generation — UNIDO boss
    Economy2 months ago

    Agriculture key to Nigeria’s economic diversification, improved revenue generation — UNIDO boss

    Mr Jean Bakole, the Country Representative, United Nations Industrial Development Organisation (UNIDO), says agriculture is critical to diversifying the Nigeria’s economy.

    Bakole said this in an interview with the News Agency of Nigeria on Monday in Abuja.

    He said that the nation was richly blessed in the agro-industry and business which could grow the economy if effectively harnessed.

    According to him, agricultural produce, if processed and exported will generate revenue, thereby, contributing to the nation’s economic growth.

    He said that the sector if given the needed attention would respond to some of the country’s needs such as food, security and job creation.

    “The best idea that can be used to boost revenue generation in a population of more than 200 million people in Nigeria is by creating job opportunities in that sector “It is imperative to ensure that activities linked to the manufacturing sector in this country are given attention.

    “While manufacturing products locally and increasing productivity, there is the need to provide necessary support to improve on quality so that these products will not affect our health  negatively.

    “If we do not produce high quality products, we are going to face challenges in the local market and also in the regional market,’’ he said.

    Bakole said that in advancing the economy, competitiveness was important, adding that producing high quality products remained key.

         (www.nannewa.ng)

    NewsSourceCredit: NAN

  •  Gov Okezie Ikpeazu of Abia has said that the State Industrial Policy document will serve as a catalyst to drive its economic advancement Ikpeazu said this while receiving the document from the United Nations Industrial Development Organisation UNIDO Representative to ECOWAS Mr Jean Bakole in Umuahia on Friday The governor directed the Ministry of Industry Promotion and Development to set up a team that would study the document and produce a timeline to facilitate implementation He said that the team would handle the responsibility of explaining the policy to the State Executive Council and organise a stakeholders meeting for its official presentation to the public The Abia State Industrial Policy Document is the third of such documents evolved by the present administration Before 2015 the state had no Long Term Development and Master Plan for Aba Umuahia and Ohafia he said According to him lack of understanding of the basic issues surrounding the problems which the government seeks to solve is the bane of development in government organisations He said he was proud that Abia had become the SME capital of Nigeria and had continued to excel in SME development The governor said that at the end of his tenure he would be handing over two industries to the next administration Ikpeazu thanked the UNIDO representative for partnering the state appreciated the milestone achieved and congratulated the Ministry of Industry Promotion and Development for achieving the feat In her remark the Commissioner for Industry Promotion and Development Mrs Uwaoma Olenwengwa described the document as one that would facilitate industrial development of the state Olewengwa said that the industrial policy would play a vital role in the actualisation of industrial revolution in Abia as it would help the government to make informed decisions to industrial development Earlier Bakole said that the policy was key to economic development of the state adding that Abia could not be ignored whenever issues of industrial sector and development are discussed He said that the document would assist the state in changing the narratives of its industrial development and stressed the need for the government to further strengthen the capacity of investments in Abia Bakole commended the government for its commitment toward modernising the state s economy through bringing in the industrial policy He urged the government to ensure effective implementation of the policy NewsSourceCredit NAN
    Abia govt set to introduce industrial policy to drive economic advancement
     Gov Okezie Ikpeazu of Abia has said that the State Industrial Policy document will serve as a catalyst to drive its economic advancement Ikpeazu said this while receiving the document from the United Nations Industrial Development Organisation UNIDO Representative to ECOWAS Mr Jean Bakole in Umuahia on Friday The governor directed the Ministry of Industry Promotion and Development to set up a team that would study the document and produce a timeline to facilitate implementation He said that the team would handle the responsibility of explaining the policy to the State Executive Council and organise a stakeholders meeting for its official presentation to the public The Abia State Industrial Policy Document is the third of such documents evolved by the present administration Before 2015 the state had no Long Term Development and Master Plan for Aba Umuahia and Ohafia he said According to him lack of understanding of the basic issues surrounding the problems which the government seeks to solve is the bane of development in government organisations He said he was proud that Abia had become the SME capital of Nigeria and had continued to excel in SME development The governor said that at the end of his tenure he would be handing over two industries to the next administration Ikpeazu thanked the UNIDO representative for partnering the state appreciated the milestone achieved and congratulated the Ministry of Industry Promotion and Development for achieving the feat In her remark the Commissioner for Industry Promotion and Development Mrs Uwaoma Olenwengwa described the document as one that would facilitate industrial development of the state Olewengwa said that the industrial policy would play a vital role in the actualisation of industrial revolution in Abia as it would help the government to make informed decisions to industrial development Earlier Bakole said that the policy was key to economic development of the state adding that Abia could not be ignored whenever issues of industrial sector and development are discussed He said that the document would assist the state in changing the narratives of its industrial development and stressed the need for the government to further strengthen the capacity of investments in Abia Bakole commended the government for its commitment toward modernising the state s economy through bringing in the industrial policy He urged the government to ensure effective implementation of the policy NewsSourceCredit NAN
    Abia govt set to introduce industrial policy to drive economic advancement
    Economy2 months ago

    Abia govt set to introduce industrial policy to drive economic advancement

    Gov.

    Okezie Ikpeazu of Abia has said that the State Industrial Policy document will serve as a catalyst to drive its economic advancement.

    Ikpeazu said this while receiving the document from the United Nations Industrial Development Organisation (UNIDO) Representative to ECOWAS, Mr Jean Bakole, in Umuahia on Friday.

    The governor directed the Ministry of Industry, Promotion and Development to set up a team that would study the document and produce a timeline to facilitate implementation.

    He said that the team would handle the responsibility of explaining the policy to the State Executive Council and organise a stakeholders’ meeting for its official presentation to the public.

    ”The Abia State Industrial Policy Document is the third of such documents evolved by the present administration.

    Before 2015, the state had no Long Term Development and Master Plan for Aba, Umuahia and Ohafia,” he said.

    According to him, lack of understanding of the  basic issues surrounding the problems which the government seeks to solve is the bane of development in government organisations.

    He said he was proud that Abia had become the ‘SME capital of Nigeria and had continued to excel in SME development”,.

    The governor said that at the end of his tenure, he would be handing over two industries to the next administration.

    Ikpeazu thanked the UNIDO representative for partnering the state, appreciated the milestone achieved and congratulated the Ministry of Industry, Promotion and Development for achieving the feat.

    In her remark, the Commissioner for Industry, Promotion and Development, Mrs Uwaoma Olenwengwa, described the document as one that would facilitate industrial development of the state.

    Olewengwa said that the industrial policy would play a vital role in the actualisation of industrial revolution in Abia as it would help the government to make informed decisions to industrial development.

    Earlier, Bakole said that the policy was key to economic development of the state, adding that Abia could not be ignored whenever issues of industrial sector and development are discussed.

    He said that the document would assist the state in changing the narratives of its industrial development and stressed the need for the government to further strengthen the capacity of investments in Abia.

     Bakole commended the government for its commitment toward modernising the state’s economy through bringing in the industrial policy.

    He urged the government to ensure effective implementation of the policy.

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    NewsSourceCredit: NAN