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  •   Tax By Constance Imasuen Abuja Jan 22 2019 NNN The Association of Licenced Telecommunication Operators of Nigeria ALTON has urged the Federal Government to review the Amended Tax Order of 2015 to reduce multiple taxation The Secretary of ALTON Mr Gbolahan Awonuga made the call in an interview with News Agency of Nigeria NNN on Tuesday in Abuja The administration of former President Goodluck Jonathan acting through the then Minister of Finance and Coordinating Minister of the Economy Dr Ngozi Okonjo Iweala had on May 26 2015 amended the Taxes and Levies Approved List for Collection Act Cap T2 Laws of the Federation of Nigeria 2004 The ALTON scribe however said that there was need to review the order adding that the tax order was amended and signed by the former Minister of Finance Mrs Ngozi Okonjo Iweala because it created more problems and confusion However ALTON is seeking another review and we are planning to send it to the National Economic Council for consideration Awonuga said that the Nigerian Communications Commission NCC had taken steps to address the issue of multiple taxation and had been having stakeholders meetings and discussing with states on how to put a stop to the issue He added that ALTON had been relating with states to end the problem of multiple taxation The association was also relating with necessary agencies of government to move the telecom sector forward in 2019 We are also working with players in the telecom sector and the financial sector by way of financial inclusion so as to take financial institutions to the grassroots Those are part of what we are going to do and also try to ensure that online fraud is drastically reduced We are looking forward to do all these this year NNN COA OYE HA Edited by Celine Damilola Oyewole Hadiza Mohammed Aliyu
    Multiple Taxation: Telecom association urges review of Amended Tax Order of 2015
      Tax By Constance Imasuen Abuja Jan 22 2019 NNN The Association of Licenced Telecommunication Operators of Nigeria ALTON has urged the Federal Government to review the Amended Tax Order of 2015 to reduce multiple taxation The Secretary of ALTON Mr Gbolahan Awonuga made the call in an interview with News Agency of Nigeria NNN on Tuesday in Abuja The administration of former President Goodluck Jonathan acting through the then Minister of Finance and Coordinating Minister of the Economy Dr Ngozi Okonjo Iweala had on May 26 2015 amended the Taxes and Levies Approved List for Collection Act Cap T2 Laws of the Federation of Nigeria 2004 The ALTON scribe however said that there was need to review the order adding that the tax order was amended and signed by the former Minister of Finance Mrs Ngozi Okonjo Iweala because it created more problems and confusion However ALTON is seeking another review and we are planning to send it to the National Economic Council for consideration Awonuga said that the Nigerian Communications Commission NCC had taken steps to address the issue of multiple taxation and had been having stakeholders meetings and discussing with states on how to put a stop to the issue He added that ALTON had been relating with states to end the problem of multiple taxation The association was also relating with necessary agencies of government to move the telecom sector forward in 2019 We are also working with players in the telecom sector and the financial sector by way of financial inclusion so as to take financial institutions to the grassroots Those are part of what we are going to do and also try to ensure that online fraud is drastically reduced We are looking forward to do all these this year NNN COA OYE HA Edited by Celine Damilola Oyewole Hadiza Mohammed Aliyu
    Multiple Taxation: Telecom association urges review of Amended Tax Order of 2015
    Science & Technology4 years ago

    Multiple Taxation: Telecom association urges review of Amended Tax Order of 2015

    Tax
    By Constance Imasuen
    Abuja, Jan. 22, 2019 (NNN) The Association of Licenced Telecommunication Operators of Nigeria (ALTON)
    has urged the Federal Government to review the Amended Tax Order of 2015 to reduce multiple taxation.

    The Secretary of ALTON, Mr Gbolahan Awonuga, made the call in an interview with News Agency of Nigeria (NNN)
    on Tuesday in Abuja.

    The administration of former President Goodluck Jonathan, acting through the then Minister of Finance and Coordinating
    Minister of the Economy, Dr Ngozi Okonjo-Iweala, had on May 26, 2015, amended the Taxes and Levies (Approved List for
    Collection) Act, Cap. T2, Laws of the Federation of Nigeria, 2004.

    The ALTON scribe, however, said that there was need to review the order, adding that “the tax order was amended and
    signed by the former Minister of Finance, Mrs Ngozi Okonjo-Iweala because it created more problems and confusion.

    “However, ALTON is seeking another review and we are planning to send it to the National Economic Council for consideration.”

    Awonuga said that the Nigerian Communications Commission (NCC) had taken steps to address the issue of
    multiple taxation and had been having stakeholders’ meetings and discussing with states on how to put a stop to the issue.

    He added that “ALTON had been relating with states to end the problem of multiple taxation.
    The association was also relating with necessary agencies of government to move the telecom sector forward in 2019.

    “We are also working with players in the telecom sector and the financial sector by way of financial inclusion so as to take
    financial institutions to the grassroots.

    “Those are part of what we are going to do and also try to ensure that online fraud is drastically reduced. We are looking
    forward to do all these this year.” (NNN)
    COA/OYE/HA
    ===========
    Edited by Celine-Damilola Oyewole/Hadiza Mohammed-Aliyu

  •   The World Bank has announced the death of Haruna Mohammed Executive Director for Nigeria Angola and South Africa Mr Ousmane Diagana World Bank Group s Vice President Human Resources said in a statement that Mohammed passed away on Friday at Georgetown Hospital in Washington DC Before being appointed Executive Director in October 2018 Mohammed had been serving as the Alternate Executive Director of his constituency since January of 2017 when he rejoined the Board He had previously represented his home country of Nigeria as both an Adviser and Senior Adviser between 2001 and 2006 Diagana said Mohammed was born in Katsina and before joining the Board of the World Bank he had a long and distinguished career in the Federal Ministry of Finance where he started as an Economic Planning Officer in 1983 and rose to the positions of Chief Economist and Director of International Economic Relations In that capacity he took part in the Washington DC Deputies meeting in Mexico City in 2008 and his participation was instrumental in the creation of a third African Chair at the World Bank Board He was also the co author of the current Board capacity building programme the Voice Secondment Program which brings officials of developing member countries to work in the World Bank in Washington for six months to acquire skills needed in their work with the Bank Mohammed also represented Nigeria as Alternate Governor of the OPEC Fund for International Development served as the Director for Nigeria at the ECOWAS Bank for Investment and Development and Chair of its Audit Committee and as the Alternate Director for Nigeria at the Africa Export Import Bank During his time at the Executive Board of the World Bank he brought focus to issues he considered of utmost priority to his country to his constituency and to Africa in general These are reduction of poverty improvement of business environment addressing fragility and bolstering resilience of the most vulnerable Diagana said He was a member of the Human Resources and Ethics Committees at the time of his passing and he quickly positioned himself as an advocate for Bank staff particularly those in country offices whom he recognised as the face of the institution in the developing world Mohammed s colleagues and staff members warmly remember him as someone who possessed a humble kind generous spiritual and deeply compassionate disposition This was beautifully balanced by his extensive knowledge of West African perspectives and history and his thorough understanding of the issues most pressing to African countries He is survived by his wife Inno and their children Our deepest sympathy is extended to them as well as to Haruna s extended family and friends he said The Nigerian Embassy in Washington DC in a statement issued by Mr Mohammed Suleiman Head of Chancery announced that late Mohammed was buried at Maryland on Monday Nigeria s former Minister of Finance Dr Ngozi Okonjo Iweala in a tribute described Mohammed as an effective Executive Director at the Board of the Wolrd Bank
    World Bank mourns Nigerian Executive Director
      The World Bank has announced the death of Haruna Mohammed Executive Director for Nigeria Angola and South Africa Mr Ousmane Diagana World Bank Group s Vice President Human Resources said in a statement that Mohammed passed away on Friday at Georgetown Hospital in Washington DC Before being appointed Executive Director in October 2018 Mohammed had been serving as the Alternate Executive Director of his constituency since January of 2017 when he rejoined the Board He had previously represented his home country of Nigeria as both an Adviser and Senior Adviser between 2001 and 2006 Diagana said Mohammed was born in Katsina and before joining the Board of the World Bank he had a long and distinguished career in the Federal Ministry of Finance where he started as an Economic Planning Officer in 1983 and rose to the positions of Chief Economist and Director of International Economic Relations In that capacity he took part in the Washington DC Deputies meeting in Mexico City in 2008 and his participation was instrumental in the creation of a third African Chair at the World Bank Board He was also the co author of the current Board capacity building programme the Voice Secondment Program which brings officials of developing member countries to work in the World Bank in Washington for six months to acquire skills needed in their work with the Bank Mohammed also represented Nigeria as Alternate Governor of the OPEC Fund for International Development served as the Director for Nigeria at the ECOWAS Bank for Investment and Development and Chair of its Audit Committee and as the Alternate Director for Nigeria at the Africa Export Import Bank During his time at the Executive Board of the World Bank he brought focus to issues he considered of utmost priority to his country to his constituency and to Africa in general These are reduction of poverty improvement of business environment addressing fragility and bolstering resilience of the most vulnerable Diagana said He was a member of the Human Resources and Ethics Committees at the time of his passing and he quickly positioned himself as an advocate for Bank staff particularly those in country offices whom he recognised as the face of the institution in the developing world Mohammed s colleagues and staff members warmly remember him as someone who possessed a humble kind generous spiritual and deeply compassionate disposition This was beautifully balanced by his extensive knowledge of West African perspectives and history and his thorough understanding of the issues most pressing to African countries He is survived by his wife Inno and their children Our deepest sympathy is extended to them as well as to Haruna s extended family and friends he said The Nigerian Embassy in Washington DC in a statement issued by Mr Mohammed Suleiman Head of Chancery announced that late Mohammed was buried at Maryland on Monday Nigeria s former Minister of Finance Dr Ngozi Okonjo Iweala in a tribute described Mohammed as an effective Executive Director at the Board of the Wolrd Bank
    World Bank mourns Nigerian Executive Director
    Foreign4 years ago

    World Bank mourns Nigerian Executive Director

    The World Bank has announced the death of Haruna Mohammed, Executive Director for Nigeria, Angola, and South Africa.

    Mr Ousmane Diagana, World Bank Group’s Vice President, Human Resources, said in a statement that Mohammed passed away on Friday at Georgetown Hospital in Washington, DC.

    “Before being appointed Executive Director in October 2018, Mohammed had been serving as the Alternate Executive Director of his constituency since January of 2017 when he rejoined the Board.

    “He had previously represented his home country of Nigeria as both an Adviser and Senior Adviser between 2001 and 2006,” Diagana said.

    Mohammed was born in Katsina, and before joining the Board of the World Bank, he had a long and distinguished career in the Federal Ministry of Finance where he started as an Economic Planning Officer in 1983 and rose to the positions of Chief Economist and Director of International Economic Relations.

    In that capacity, he took part in the Washington DC Deputies meeting in Mexico City in 2008, and his participation was instrumental in the creation of a third African Chair at the World Bank Board.

    He was also the co-author of the current Board capacity building programme – the ‘Voice Secondment Program’, which brings officials of developing member countries to work in the World Bank in Washington for six months to acquire skills needed in their work with the Bank.

    Mohammed also represented Nigeria as Alternate Governor of the OPEC Fund for International Development, served as the Director for Nigeria at the ECOWAS Bank for Investment and Development and Chair of its Audit Committee, and as the Alternate Director for Nigeria at the Africa Export-Import Bank.

    During his time at the Executive Board of the World Bank, he brought focus to issues he considered of utmost priority to his country, to his constituency and to Africa in general.

    These are reduction of poverty, improvement of business environment, addressing fragility, and bolstering resilience of the most vulnerable, Diagana said

    He was a member of the Human Resources and Ethics Committees at the time of his passing, and he quickly positioned himself as an advocate for Bank staff, particularly those in country offices, whom he recognised as the face of the institution in the developing world.

    “Mohammed’s colleagues and staff members warmly remember him as someone who possessed a humble, kind, generous, spiritual and deeply compassionate disposition.

    “This was beautifully balanced by his extensive knowledge of West African perspectives and history, and his thorough understanding of the issues most pressing to African countries.

    “He is survived by his wife, Inno and their children. Our deepest sympathy is extended to them, as well as to Haruna’s extended family and friends,” he said.

    The Nigerian Embassy in Washington, DC, in a statement issued by Mr Mohammed Suleiman, Head of Chancery, announced that late Mohammed was buried at Maryland on Monday.

    Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, in a tribute, described Mohammed as “an effective Executive Director at the Board of the Wolrd Bank”.

  •  Former Nigeria s Minister of Finance Dr Ngozi Okonjo Iweala has slammed those she termed mischief makers for putting words in her mouth saying she described former governors Rotimi Amaechi and Raji Fashola now ministers as scavengers Okonjo Iweala who was also a former minister of finance during the administration of former President Olusegun Obasanjo was reacting to reports trending on the social media where she allegedly said yesterday s scavengers are today s saints The two time Minister of Finance was said to have stated this in her book Fighting Corruption is Dangerous However Okonjo Iweala who was also the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan said those were not her words Okonjo Iweala said At no point in my book Fighting Corruption is Dangerous did I say yesterday s scavengers are today s saints While I appreciate all the reviews and discourse the book is generating at home and abroad mischief makers who wish to add their comments should get their own copy of the book so that they can make intelligent contributions rather than putting words in my mouth In the trending social media report Okonjo Iweala allegedly talked about the challenges she faced while trying to make the Nigerian Government save during the season of oil boom The alleged report is reproduced below Rotimi Amaechi as Chairman of Nigeria governors Forum took Jonathan government for trying to save for raining season including Fashola and most APC members today they are the ones shouting that the PDP did not save hypocrites and liars We then established a stabilization mechanism and opened an account for the oil surplus which posted up to 22 billion In 2008 when prices fell from 148 to 38 a barrel no one has heard of Nigeria because the country was able to tap into this fund And that I am very proud of When I returned to the department in 2011 there remained only 4 billion on this account because part of the money saved was used to fund the amnesty programme for Niger Delta Militants embarked upon by the Yar adua government while the price of oil was very high I tried again to put money aside The PRESIDENT agreed but the GOVERNORS did not accept I suffered a lot of attacks from them and they took us to the court up to the supreme court and now that the country would really need this account these same people accuse me of not having saved If Nigeria had been more careful we would not be here today It hurts me We have the mechanism we had the experience but we were prevented to act Unfortunately the same scavengers of yesterday are the saints of today According to Okonjo Iweala who is now Senior Advisor Lazard Ltd Board Chair Gavi Board Member AfricanRiskCapacity the said report is the handiwork of mischief makers Okonjo Iweala urged the mischief makers who wish to add their comments to get their own copy of the book so that they could make intelligent contributions rather than putting words in her mouth APT
    Okonjo-Iweala slams ‘mischief-makers’ for ‘putting words’ in her mouth
     Former Nigeria s Minister of Finance Dr Ngozi Okonjo Iweala has slammed those she termed mischief makers for putting words in her mouth saying she described former governors Rotimi Amaechi and Raji Fashola now ministers as scavengers Okonjo Iweala who was also a former minister of finance during the administration of former President Olusegun Obasanjo was reacting to reports trending on the social media where she allegedly said yesterday s scavengers are today s saints The two time Minister of Finance was said to have stated this in her book Fighting Corruption is Dangerous However Okonjo Iweala who was also the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan said those were not her words Okonjo Iweala said At no point in my book Fighting Corruption is Dangerous did I say yesterday s scavengers are today s saints While I appreciate all the reviews and discourse the book is generating at home and abroad mischief makers who wish to add their comments should get their own copy of the book so that they can make intelligent contributions rather than putting words in my mouth In the trending social media report Okonjo Iweala allegedly talked about the challenges she faced while trying to make the Nigerian Government save during the season of oil boom The alleged report is reproduced below Rotimi Amaechi as Chairman of Nigeria governors Forum took Jonathan government for trying to save for raining season including Fashola and most APC members today they are the ones shouting that the PDP did not save hypocrites and liars We then established a stabilization mechanism and opened an account for the oil surplus which posted up to 22 billion In 2008 when prices fell from 148 to 38 a barrel no one has heard of Nigeria because the country was able to tap into this fund And that I am very proud of When I returned to the department in 2011 there remained only 4 billion on this account because part of the money saved was used to fund the amnesty programme for Niger Delta Militants embarked upon by the Yar adua government while the price of oil was very high I tried again to put money aside The PRESIDENT agreed but the GOVERNORS did not accept I suffered a lot of attacks from them and they took us to the court up to the supreme court and now that the country would really need this account these same people accuse me of not having saved If Nigeria had been more careful we would not be here today It hurts me We have the mechanism we had the experience but we were prevented to act Unfortunately the same scavengers of yesterday are the saints of today According to Okonjo Iweala who is now Senior Advisor Lazard Ltd Board Chair Gavi Board Member AfricanRiskCapacity the said report is the handiwork of mischief makers Okonjo Iweala urged the mischief makers who wish to add their comments to get their own copy of the book so that they could make intelligent contributions rather than putting words in her mouth APT
    Okonjo-Iweala slams ‘mischief-makers’ for ‘putting words’ in her mouth
    Foreign5 years ago

    Okonjo-Iweala slams ‘mischief-makers’ for ‘putting words’ in her mouth

    Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has slammed those she termed “mischief-makers” for “putting words” in her mouth, saying she described former governors Rotimi Amaechi and Raji Fashola, now ministers, as scavengers.

    Okonjo-Iweala, who was also a former minister of finance during the administration of former President Olusegun Obasanjo, was reacting to reports trending on the social media where she allegedly said ‘yesterday’s scavengers are today’s saints’.

    The two-time Minister of Finance was said to have stated this in her book: ‘Fighting Corruption is Dangerous’.

    However, Okonjo-Iweala, who was also the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan, said those were not her words.

    Okonjo-Iweala said: “At no point in my book, ‘Fighting Corruption is Dangerous’, did I say ‘yesterday’s scavengers are today’s saints’.

    “While I appreciate all the reviews and discourse the book is generating at home and abroad; mischief-makers who wish to add their comments should get their own copy of the book so that they can make intelligent contributions, rather than putting words in my mouth”.

    In the trending social media report, Okonjo-Iweala allegedly talked about the challenges she faced while trying to make the Nigerian Government save during the season of oil boom.

    The alleged report is reproduced below:

    “Rotimi Amaechi as Chairman of Nigeria governors Forum took Jonathan government for trying to save for raining season including Fashola and most APC members, today they are the ones shouting that the PDP did not save, hypocrites and liars.

    “We then established a stabilization mechanism and opened an account for the oil surplus, which posted up to $22 billion.

    “In 2008, when prices fell from 148 to $ 38 a barrel, no one has heard of Nigeria because the country was able to tap into this fund. And that, I am very proud [of].

    “When I returned to the department in 2011, there remained only $4 billion on this account (because part of the money saved was used to fund the amnesty programme for Niger Delta Militants embarked upon by the Yar’adua government) while the price of oil was very high!

    “I tried again to put money aside. The PRESIDENT agreed, but the GOVERNORS did not accept.

    “I suffered a lot of attacks from them (and they took us to the court up to the supreme court) and now that the country would really need this account, these same people accuse me of not having saved!

    “If Nigeria had been more careful, we would not be here today. It hurts me. We have the mechanism, we had the experience, but we were prevented to act.

    “Unfortunately, the same scavengers of yesterday are the saints of today.”

    According to Okonjo-Iweala, who is now Senior Advisor Lazard Ltd, Board Chair Gavi; Board Member AfricanRiskCapacity, the said report is the handiwork of mischief-makers.

    Okonjo-Iweala urged the mischief-makers who wish to add their comments to get their own copy of the book so that they could make intelligent contributions, rather than putting words in her mouth.

    APT/

  •  Nigeria s former Minister of Finance Dr Ngozi Okonjo Iweala has been appointed into a High Level Group on Governance of the Commonwealth Secretariat Prof Ben Maloney Communications Officer Commonwealth Secretariat said in a statement that the High Level Group would make recommendations on governance of the Commonwealth Secretariat The Commonwealth however denied that the group was constituted to secretly begin considering who might succeed the Queen as its head At their last Summit in Malta Commonwealth heads of government directed the Secretary General to form the Group Today members are discussing the scope of the group s work and the areas of governance it will examine over the coming months The process is open and the High Level Group reports to the heads The issue of succession of the Head of the Commonwealth is not part of the Group s mandate the statement said The group is chaired by Anote Tong former President of Kiribati from 2003 to 2016 Okonjo Iweala the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan is among the seven member group Others include Lord Howell former British Energy Secretary Louise Frechette former UN Deputy Secretary General and Robert Hill former Australian Defence Minister Dame Miller former Deputy Prime Minister of Barbados and Dr George Vella former Foreign Minister of Malta are also members of the group The group operates independently of the London based Commonwealth Secretariat and would report only to the heads of Commonwealth governments However further members may be appointed the Secretariat said The group is expected to report to the Commonwealth Heads of Government Meeting in London in April which is likely to be the last that the Queen would attend
    Okonjo-Iweala appointed into Commonwealth high-level group
     Nigeria s former Minister of Finance Dr Ngozi Okonjo Iweala has been appointed into a High Level Group on Governance of the Commonwealth Secretariat Prof Ben Maloney Communications Officer Commonwealth Secretariat said in a statement that the High Level Group would make recommendations on governance of the Commonwealth Secretariat The Commonwealth however denied that the group was constituted to secretly begin considering who might succeed the Queen as its head At their last Summit in Malta Commonwealth heads of government directed the Secretary General to form the Group Today members are discussing the scope of the group s work and the areas of governance it will examine over the coming months The process is open and the High Level Group reports to the heads The issue of succession of the Head of the Commonwealth is not part of the Group s mandate the statement said The group is chaired by Anote Tong former President of Kiribati from 2003 to 2016 Okonjo Iweala the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan is among the seven member group Others include Lord Howell former British Energy Secretary Louise Frechette former UN Deputy Secretary General and Robert Hill former Australian Defence Minister Dame Miller former Deputy Prime Minister of Barbados and Dr George Vella former Foreign Minister of Malta are also members of the group The group operates independently of the London based Commonwealth Secretariat and would report only to the heads of Commonwealth governments However further members may be appointed the Secretariat said The group is expected to report to the Commonwealth Heads of Government Meeting in London in April which is likely to be the last that the Queen would attend
    Okonjo-Iweala appointed into Commonwealth high-level group
    Foreign5 years ago

    Okonjo-Iweala appointed into Commonwealth high-level group

    Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, has been appointed into a High Level Group on Governance of the Commonwealth Secretariat.

    Prof. Ben Maloney, Communications Officer, Commonwealth Secretariat, said in a statement that  the High Level Group would make recommendations on governance of the Commonwealth Secretariat.

    The Commonwealth, however, denied that the group was constituted to secretly begin considering who might succeed the Queen as its head.

    “At their last Summit in Malta, Commonwealth heads of government directed the Secretary-General to form the Group.

    “Today members are discussing the scope of the group’s work and the areas of governance it will examine over the coming months.

    “The process is open and the High Level Group reports to the heads.

    “The issue of succession of the Head of the Commonwealth is not part of the Group’s mandate,” the statement said.

    The group is chaired by Anote Tong, former President of Kiribati from 2003 to 2016.

    Okonjo-Iweala, the Coordinating Minister of the Economy during the administration of former President Goodluck Jonathan, is among the seven-member group.

    Others include Lord Howell, former British Energy Secretary; Louise Frechette, former UN Deputy Secretary-General; and Robert Hill, former Australian Defence Minister.

    Dame Miller, former Deputy Prime Minister of Barbados and Dr George Vella, former Foreign Minister of Malta are also members of the group.

    The group operates independently of the London-based Commonwealth Secretariat and would report only to the heads of Commonwealth governments.

    However, further members may be appointed, the Secretariat said.

    The group is expected to report to the Commonwealth Heads of Government Meeting in London in April, which is likely to be the last that the Queen would attend.

  •  Former Nigeria s Minister of Finance Dr Ngozi Okonjo Iweala has alerted the public on what she termed fake news items and voice recordings circulating on the social media purportedly made by her Okonjo Iweala who was also a coordinating Minister of Nigeria s economy under former President Goodluck Jonathan s administration in a statement on Thursday urged the public to be wary of the contents saying they were politically motivated It has been brought to my attention that a number of fake news items with my photo and fake voice recordings of me making political utterances are circulating on social media I want the public to beware of such fake news items They are being put out by politically motivated people with malicious intent It is the 2019 political season and such people are desperate to destroy and distract for power I want to state categorically as I have always done that I will not be distracted from the focused international assignments I am engaged with the former minister said Edited by Ese E Ekama NAN
    Okonjo-Iweala denounces ‘fake news’ audio recordings credited to her
     Former Nigeria s Minister of Finance Dr Ngozi Okonjo Iweala has alerted the public on what she termed fake news items and voice recordings circulating on the social media purportedly made by her Okonjo Iweala who was also a coordinating Minister of Nigeria s economy under former President Goodluck Jonathan s administration in a statement on Thursday urged the public to be wary of the contents saying they were politically motivated It has been brought to my attention that a number of fake news items with my photo and fake voice recordings of me making political utterances are circulating on social media I want the public to beware of such fake news items They are being put out by politically motivated people with malicious intent It is the 2019 political season and such people are desperate to destroy and distract for power I want to state categorically as I have always done that I will not be distracted from the focused international assignments I am engaged with the former minister said Edited by Ese E Ekama NAN
    Okonjo-Iweala denounces ‘fake news’ audio recordings credited to her
    Foreign5 years ago

    Okonjo-Iweala denounces ‘fake news’ audio recordings credited to her

    Former Nigeria’s Minister of Finance Dr Ngozi Okonjo-Iweala has alerted the public on what she termed ‘fake news items and voice recordings circulating on the social media purportedly made by her.

    Okonjo-Iweala, who was also a coordinating Minister of Nigeria’s economy under former President Goodluck Jonathan’s administration, in a statement on Thursday urged the public to be wary of the contents, saying they were politically motivated.

    “It has been brought to my attention that a number of fake news items with my photo and fake voice recordings of me making political utterances are circulating on social media.

    “I want the public to beware of such fake news items. They are being put out by politically motivated people with malicious intent.

    “It is the 2019 political season and such people are desperate to destroy and distract for power.

    “I want to state categorically, as I have always done, that I will not be distracted from the focused international assignments I am engaged with,’’ the former minister said.

    Edited by: Ese E. Ekama
    (NAN)

     

  •  The GAVI global vaccine alliance has earmarked 85 million dollars to support the introduction of typhoid vaccines in poor countries where millions of children are at risk of the often deadly disease The alliance said in a statement that the funds agreed by GAVI at a meeting on Thursday will go towards bulk buying of new typhoid vaccines including one developed by privately held Bharat Biotech Typhoid shots from five other drug makers are also under development and expected to be available between 2018 and 2022 GAVI said it expects the first countries to apply for the vaccine next year with the aim of starting to roll it out in 2019 for children over the age of 6 months GAVI which is backed by the Bill and Melinda Gates Foundation the WHO the World Bank UNICEF donor governments and others funds bulk buy vaccination programmes for poorer nations that can t afford shots at developed economy prices Typhoid is a serious fever caused by consuming contaminated food or water It affects between 12 and 20 million people worldwide in regions where water quality and sanitation are low particularly in south Asia and sub Saharan Africa Around 1 in 100 cases is deadly and about 3 percent of those infected become chronic carriers of the disease Global health experts say it killed more than 128 000 people in 2016 This vaccine will be a lifesaver for millions of children especially those living without access to clean water or sanitation said the chair of GAVI s board Dr Ngozi Okonjo Iweala While typhoid is a bacterial disease that can be treated with antibiotics access to antibiotics in poorer regions is sometimes limited and the typhoid bug s resistance to them is on the rise GAVI s chief executive Seth Berkley said the growing spread of drug resistant strains of typhoid posed a major threat to which a vaccine could offer an important defence Strong vaccine coverage through routine immunisation together with efforts to improve access to clean water and hygiene will play a key role in dramatically reducing the disease she said SH
    Vaccine alliance earmarks m for typhoid vaccines for poor
     The GAVI global vaccine alliance has earmarked 85 million dollars to support the introduction of typhoid vaccines in poor countries where millions of children are at risk of the often deadly disease The alliance said in a statement that the funds agreed by GAVI at a meeting on Thursday will go towards bulk buying of new typhoid vaccines including one developed by privately held Bharat Biotech Typhoid shots from five other drug makers are also under development and expected to be available between 2018 and 2022 GAVI said it expects the first countries to apply for the vaccine next year with the aim of starting to roll it out in 2019 for children over the age of 6 months GAVI which is backed by the Bill and Melinda Gates Foundation the WHO the World Bank UNICEF donor governments and others funds bulk buy vaccination programmes for poorer nations that can t afford shots at developed economy prices Typhoid is a serious fever caused by consuming contaminated food or water It affects between 12 and 20 million people worldwide in regions where water quality and sanitation are low particularly in south Asia and sub Saharan Africa Around 1 in 100 cases is deadly and about 3 percent of those infected become chronic carriers of the disease Global health experts say it killed more than 128 000 people in 2016 This vaccine will be a lifesaver for millions of children especially those living without access to clean water or sanitation said the chair of GAVI s board Dr Ngozi Okonjo Iweala While typhoid is a bacterial disease that can be treated with antibiotics access to antibiotics in poorer regions is sometimes limited and the typhoid bug s resistance to them is on the rise GAVI s chief executive Seth Berkley said the growing spread of drug resistant strains of typhoid posed a major threat to which a vaccine could offer an important defence Strong vaccine coverage through routine immunisation together with efforts to improve access to clean water and hygiene will play a key role in dramatically reducing the disease she said SH
    Vaccine alliance earmarks m for typhoid vaccines for poor
    Foreign5 years ago

    Vaccine alliance earmarks $85m for typhoid vaccines for poor

    The GAVI global vaccine alliance has earmarked 85 million dollars to support the introduction of typhoid vaccines in poor countries where millions of children are at risk of the often deadly disease.

    The alliance said in a statement that the funds, agreed by GAVI at a meeting on Thursday, will go towards bulk-buying of new typhoid vaccines including one developed by privately-held Bharat Biotech.

    Typhoid shots from five other drug makers are also under development and expected to be available between 2018 and 2022.

    GAVI said it expects the first countries to apply for the vaccine next year, with the aim of starting to roll it out in 2019 for children over the age of 6 months.

    GAVI, which is backed by the Bill and Melinda Gates Foundation, the WHO, the World Bank, UNICEF, donor governments and others, funds bulk-buy vaccination programmes for poorer nations that can’t afford shots at developed-economy prices.

    Typhoid is a serious fever caused by consuming contaminated food or water.

    It affects between 12 and 20 million people worldwide in regions where water quality and sanitation are low, particularly in south Asia and sub-Saharan Africa.

    Around 1 in 100 cases is deadly, and about 3 percent of those infected become chronic carriers of the disease. Global health experts say it killed more than 128,000 people in 2016.

    “This vaccine will be a lifesaver for millions of children, especially those living without access to clean water or sanitation,” said the chair of GAVI’s board, Dr. Ngozi Okonjo-Iweala.

    While typhoid is a bacterial disease that can be treated with antibiotics, access to antibiotics in poorer regions is sometimes limited, and the typhoid bug’s resistance to them is on the rise.

    GAVI’s chief executive Seth Berkley said the growing spread of drug resistant strains of typhoid posed a major threat, to which a vaccine could offer an important defence.

    “Strong (vaccine) coverage through routine immunisation together with efforts to improve access to clean water and hygiene will play a key role in dramatically reducing the disease,” she said.

    SH

  •  Nigeria s Charg d Affaires to the U S Hakeem Balogun and a former Minister of Finance Dr Ngozi Okonjo Iweala have lauded the emergence of Dr Akinwumi Adesina as the 2017 World Food Prize Laureate Balogun and Okonjo Iweala told the Nigeria News Agency correspondent in the U S that Adesina s selection for the prestigious prize was a great honour for Nigeria Adesina who is the current President of the African Development Bank AfDB was Minister of Agriculture under President Goodluck Jonathan s administration He was named winner of the 250 000 dollar World Food Prize regarded as the equivalent of a Nobel Prize for Agriculture at a ceremony on Monday at the U S Department of Agriculture in Washington D C Balogun described Adesina s emergence as a great honour to our country It is a manifestation of government s efforts past and present at eradicating poverty and placing food on the tables of all Nigerians Dr Adesina is another show of the numerous Nigerians that are shining examples and who are excelling in their various professions all over the world You will recall that Dr Adesina while serving as Minister of Agriculture was known as the Farmer s Minister The Nigerian envoy said Adesina s policies while serving as Minister expanded Nigeria s food production and attracted over five billion dollars in private sector investments in agriculture His Adesina s food policies resulted in close to if not more than 20 million metric tonnes For us in the Embassy of Nigeria we are glad that this is a Nigerian to showcase I congratulate Dr Akinwumi Adesina Balogun said On her part Okonjo Iweala who served alongside Adesina hailed the achievement of her former colleague A proud day for Nigeria President Akin Adesina President of the AfDB is announced as the recipient of the 2017 World Food Prize she said According to Okonjo Iweala Adesina s feat as the new Laureate is an example and a testimony that about 99 per cent of our citizens are law abiding and good natured Adesina is the 46th person and the sixth African to win the World Food Prize NAN reports that he midwifed the Agricultural Transformation Agenda ATA under which the E Wallet system of distribution of agricultural inputs the first of its kind was introduced For the first time in the history of agriculture in Nigeria farmers received alerts on their phones to collect their allocation of inputs He will be presented with the prize money and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 The event in Washington D C was presided over by the U S Secretary of Agriculture Sonny Perdue and attended by some U S Congressmen Ambassadors and members of the diplomatic corps Edited by Nkechi Okoronkwo NAN
    Balogun, Okonjo-Iweala hail Adesina’s emergence as 2017 World Food Prize Laureate
     Nigeria s Charg d Affaires to the U S Hakeem Balogun and a former Minister of Finance Dr Ngozi Okonjo Iweala have lauded the emergence of Dr Akinwumi Adesina as the 2017 World Food Prize Laureate Balogun and Okonjo Iweala told the Nigeria News Agency correspondent in the U S that Adesina s selection for the prestigious prize was a great honour for Nigeria Adesina who is the current President of the African Development Bank AfDB was Minister of Agriculture under President Goodluck Jonathan s administration He was named winner of the 250 000 dollar World Food Prize regarded as the equivalent of a Nobel Prize for Agriculture at a ceremony on Monday at the U S Department of Agriculture in Washington D C Balogun described Adesina s emergence as a great honour to our country It is a manifestation of government s efforts past and present at eradicating poverty and placing food on the tables of all Nigerians Dr Adesina is another show of the numerous Nigerians that are shining examples and who are excelling in their various professions all over the world You will recall that Dr Adesina while serving as Minister of Agriculture was known as the Farmer s Minister The Nigerian envoy said Adesina s policies while serving as Minister expanded Nigeria s food production and attracted over five billion dollars in private sector investments in agriculture His Adesina s food policies resulted in close to if not more than 20 million metric tonnes For us in the Embassy of Nigeria we are glad that this is a Nigerian to showcase I congratulate Dr Akinwumi Adesina Balogun said On her part Okonjo Iweala who served alongside Adesina hailed the achievement of her former colleague A proud day for Nigeria President Akin Adesina President of the AfDB is announced as the recipient of the 2017 World Food Prize she said According to Okonjo Iweala Adesina s feat as the new Laureate is an example and a testimony that about 99 per cent of our citizens are law abiding and good natured Adesina is the 46th person and the sixth African to win the World Food Prize NAN reports that he midwifed the Agricultural Transformation Agenda ATA under which the E Wallet system of distribution of agricultural inputs the first of its kind was introduced For the first time in the history of agriculture in Nigeria farmers received alerts on their phones to collect their allocation of inputs He will be presented with the prize money and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 The event in Washington D C was presided over by the U S Secretary of Agriculture Sonny Perdue and attended by some U S Congressmen Ambassadors and members of the diplomatic corps Edited by Nkechi Okoronkwo NAN
    Balogun, Okonjo-Iweala hail Adesina’s emergence as 2017 World Food Prize Laureate
    Foreign5 years ago

    Balogun, Okonjo-Iweala hail Adesina’s emergence as 2017 World Food Prize Laureate

    Nigeria’s Chargé d’Affaires to the U.S. Hakeem Balogun and a former Minister of Finance, Dr Ngozi Okonjo-Iweala, have lauded the emergence of Dr Akinwumi Adesina as the 2017 World Food Prize Laureate.

    Balogun and Okonjo-Iweala told the Nigeria News Agency correspondent in the U.S. that Adesina’s selection for the prestigious prize was a great honour for Nigeria.

    Adesina, who is the current President of the African Development Bank (AfDB), was Minister of Agriculture under President Goodluck Jonathan’s administration.

    He was named winner of the 250,000-dollar World Food Prize, regarded as the equivalent of a Nobel Prize for Agriculture, at a ceremony on Monday at the U.S. Department of Agriculture in Washington D.C.

    Balogun described Adesina’s emergence as a great honour to our country.

    “It is a manifestation of government’s efforts, past and present, at eradicating poverty and placing food on the tables of all Nigerians.

    “Dr Adesina is another show of the numerous Nigerians that are shining examples and who are excelling in their various professions all over the world.

    “You will recall that Dr Adesina, while serving as Minister of Agriculture was known as the ‘Farmer’s Minister.”

    The Nigerian envoy said Adesina’s policies while serving as Minister, expanded Nigeria’s food production and attracted over five billion dollars in private sector investments in agriculture.

    “His (Adesina’s) food policies resulted in close to, if not more than, 20 million metric tonnes.

    “For us in the Embassy of Nigeria, we are glad that this is a Nigerian to showcase. I congratulate Dr Akinwumi Adesina,” Balogun said.

    On her part, Okonjo-Iweala, who served alongside Adesina, hailed the achievement of her former colleague.

    “A proud day for Nigeria; President Akin Adesina, President of the AfDB, is announced as the recipient of the 2017 World Food Prize,” she said.

    According to Okonjo-Iweala, Adesina’s feat as the new Laureate is an example and a testimony that about 99 per cent of our citizens are law-abiding and good natured.

    Adesina is the 46th person and the sixth African to win the World Food Prize.

    NAN reports that he midwifed the Agricultural Transformation Agenda (ATA) under which the E-Wallet system of distribution of agricultural inputs, the first of its kind, was introduced.

    For the first time in the history of agriculture in Nigeria, farmers received alerts on their phones to collect their allocation of inputs.

    He will be presented with the prize money and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct. 19.

    The event in Washington, D.C. was presided over by the U.S. Secretary of Agriculture, Sonny Perdue and attended by some U.S. Congressmen, Ambassadors and members of the diplomatic corps.

    Edited by: Nkechi Okoronkwo
    (NAN)

  •  The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250 000 dollars 2017 World Food Prize Laureate prize on Monday President of the Foundation Amb Kenneth Quinn said Adesina won the prize for driving change in African agriculture for over 25 years and improving food security for millions across the continent Adesina President of the African Development Bank AfDB was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U S Department of Agriculture in Washington D C Quinn explained that the selection of Nigeria s former Minister of Agriculture for the prize also reflected both his breakthrough achievements as Minister of Agriculture of Nigeria He said Adesina led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa AGRA and as Minister of Agriculture in Nigeria introduced the E Wallet system Adesina also introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture he said He said Adesina grew up in poverty himself and embarked on a journey to use his academic training to lift up millions of people out of poverty especially farmers in rural Africa He explained that as Nigeria s Minister of Agriculture from 2011 to 2015 Adesina successfully transformed his country s agriculture sector through bold reforms Quinn said the bold reforms included creating programmes to make Nigeria self sufficient in rice production and to make cassava become a major cash crop He pointed out that in 2006 as Associate Director for Food Security at the Rockefeller Foundation Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa which led to the creation of AGRA Our Laureate next played a leadership role in the development of AGRA during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent And then as Minister of Agriculture of his home country Nigeria our Laureate introduced the E Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years The reforms he implemented increased food production by 21 million metric tonnes and attracted 5 6 billion dollars in private sector investments thus earning him the reputation as the Farmer s Minister Quinn said as the first person from agriculture to ever lead a regional development bank Adesina s receiving the Laureate Prize would give impetus in the coming decade to his profound vision Adesina is also the 46th person and the sixth African to win the World Food Prize Quinn commended Nigeria s representation at the event to announce the winner of the Laureate Prize won by a distinguished Nigeria I am so pleased that Charg d Affaires Hakeem Balogun could be here for this announcement he said Former Minister of Finance Dr Ngozi Okonjo Iweala was also present at the occasion as well as U S Secretary of Agriculture Sonny Perdue Congressmen Ambassadors and members of the diplomatic corps Adesina will be presented the 250 000 dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 Edited by Yusuf Zango NAN
    Why Adesina won 2017 World Food Prize Laureate
     The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250 000 dollars 2017 World Food Prize Laureate prize on Monday President of the Foundation Amb Kenneth Quinn said Adesina won the prize for driving change in African agriculture for over 25 years and improving food security for millions across the continent Adesina President of the African Development Bank AfDB was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U S Department of Agriculture in Washington D C Quinn explained that the selection of Nigeria s former Minister of Agriculture for the prize also reflected both his breakthrough achievements as Minister of Agriculture of Nigeria He said Adesina led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa AGRA and as Minister of Agriculture in Nigeria introduced the E Wallet system Adesina also introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture he said He said Adesina grew up in poverty himself and embarked on a journey to use his academic training to lift up millions of people out of poverty especially farmers in rural Africa He explained that as Nigeria s Minister of Agriculture from 2011 to 2015 Adesina successfully transformed his country s agriculture sector through bold reforms Quinn said the bold reforms included creating programmes to make Nigeria self sufficient in rice production and to make cassava become a major cash crop He pointed out that in 2006 as Associate Director for Food Security at the Rockefeller Foundation Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa which led to the creation of AGRA Our Laureate next played a leadership role in the development of AGRA during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent And then as Minister of Agriculture of his home country Nigeria our Laureate introduced the E Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years The reforms he implemented increased food production by 21 million metric tonnes and attracted 5 6 billion dollars in private sector investments thus earning him the reputation as the Farmer s Minister Quinn said as the first person from agriculture to ever lead a regional development bank Adesina s receiving the Laureate Prize would give impetus in the coming decade to his profound vision Adesina is also the 46th person and the sixth African to win the World Food Prize Quinn commended Nigeria s representation at the event to announce the winner of the Laureate Prize won by a distinguished Nigeria I am so pleased that Charg d Affaires Hakeem Balogun could be here for this announcement he said Former Minister of Finance Dr Ngozi Okonjo Iweala was also present at the occasion as well as U S Secretary of Agriculture Sonny Perdue Congressmen Ambassadors and members of the diplomatic corps Adesina will be presented the 250 000 dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 Edited by Yusuf Zango NAN
    Why Adesina won 2017 World Food Prize Laureate
    Foreign5 years ago

    Why Adesina won 2017 World Food Prize Laureate

    The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250,000 dollars 2017 World Food Prize Laureate prize on Monday.

    President of the Foundation, Amb. Kenneth Quinn said Adesina won the prize “for driving change in African agriculture for over 25 years and improving food security for millions across the continent”.

    Adesina, President of the African Development Bank (AfDB), was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U.S. Department of Agriculture in Washington, D.C.

    Quinn explained that the selection of Nigeria’s former Minister of Agriculture for the prize also “reflected both his breakthrough achievements as Minister of Agriculture of Nigeria”.

    He said Adesina “led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa (AGRA) and as Minister of Agriculture in Nigeria, introduced the E-Wallet system”.

    Adesina also “introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture,” he said.

    He said Adesina “grew up in poverty himself” and embarked on a journey to use his academic training to “lift up millions of people out of poverty, especially farmers in rural Africa”.

    He explained that “as Nigeria’s Minister of Agriculture from 2011 to 2015, Adesina successfully transformed his country’s agriculture sector through bold reforms”.

    Quinn said the bold reforms included creating programmes to make Nigeria self-sufficient in rice production, and to make cassava become a major cash crop.

    He pointed out that in 2006, as Associate Director for Food Security at the Rockefeller Foundation, Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja.

    He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa, which led to the creation of AGRA.

    “Our Laureate next played a leadership role in the development of AGRA, during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent.

    “And then, as Minister of Agriculture of his home country Nigeria, our Laureate introduced the E-Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years.

    “The reforms he implemented increased food production by 21 million metric tonnes and attracted 5.6 billion dollars in private sector investments, thus earning him the reputation as the ‘Farmer’s Minister’.”

    Quinn said as the first person from agriculture to ever lead a regional development bank, Adesina’s receiving the Laureate Prize would give impetus in the coming decade to his profound vision.

    Adesina is also the 46th person and the sixth African to win the World Food Prize.

    Quinn commended Nigeria’s representation at the event to announce the winner of the Laureate Prize, won by a distinguished Nigeria.

    “I am so pleased that Chargé d’Affaires Hakeem Balogun could be here for this announcement,” he said.

    Former Minister of Finance Dr Ngozi Okonjo-Iweala was also present at the occasion, as well as U.S. Secretary of Agriculture Sonny Perdue, Congressmen, Ambassadors and members of the diplomatic corps.

    Adesina will be presented the 250,000-dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct. 19.

    Edited by: Yusuf Zango
    (NAN)

  •  The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250 000 dollars 2017 World Food Prize Laureate prize on Monday President of the Foundation Amb Kenneth Quinn said Adesina won the prize for driving change in African agriculture for over 25 years and improving food security for millions across the continent Adesina President of the African Development Bank AfDB was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U S Department of Agriculture in Washington D C Quinn explained that the selection of Nigeria s former Minister of Agriculture for the prize also reflected both his breakthrough achievements as Minister of Agriculture of Nigeria He said Adesina led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa AGRA and as Minister of Agriculture in Nigeria introduced the E Wallet system Adesina also introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture he said He said Adesina grew up in poverty himself and embarked on a journey to use his academic training to lift up millions of people out of poverty especially farmers in rural Africa He explained that as Nigeria s Minister of Agriculture from 2011 to 2015 Adesina successfully transformed his country s agriculture sector through bold reforms Quinn said the bold reforms included creating programmes to make Nigeria self sufficient in rice production and to make cassava become a major cash crop He pointed out that in 2006 as Associate Director for Food Security at the Rockefeller Foundation Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa which led to the creation of AGRA Our Laureate next played a leadership role in the development of AGRA during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent And then as Minister of Agriculture of his home country Nigeria our Laureate introduced the E Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years The reforms he implemented increased food production by 21 million metric tonnes and attracted 5 6 billion dollars in private sector investments thus earning him the reputation as the Farmer s Minister Quinn said as the first person from agriculture to ever lead a regional development bank Adesina s receiving the Laureate Prize would give impetus in the coming decade to his profound vision Adesina is also the 46th person and the sixth African to win the World Food Prize Quinn commended Nigeria s representation at the event to announce the winner of the Laureate Prize won by a distinguished Nigeria I am so pleased that Charg d Affaires Hakeem Balogun could be here for this announcement he said Former Minister of Finance Dr Ngozi Okonjo Iweala was also present at the occasion as well as U S Secretary of Agriculture Sonny Perdue Congressmen Ambassadors and members of the diplomatic corps Adesina will be presented the 250 000 dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 Edited by Yusuf Zango NAN
    Why Adesina won 2017 World Food Prize Laureate
     The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250 000 dollars 2017 World Food Prize Laureate prize on Monday President of the Foundation Amb Kenneth Quinn said Adesina won the prize for driving change in African agriculture for over 25 years and improving food security for millions across the continent Adesina President of the African Development Bank AfDB was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U S Department of Agriculture in Washington D C Quinn explained that the selection of Nigeria s former Minister of Agriculture for the prize also reflected both his breakthrough achievements as Minister of Agriculture of Nigeria He said Adesina led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa AGRA and as Minister of Agriculture in Nigeria introduced the E Wallet system Adesina also introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture he said He said Adesina grew up in poverty himself and embarked on a journey to use his academic training to lift up millions of people out of poverty especially farmers in rural Africa He explained that as Nigeria s Minister of Agriculture from 2011 to 2015 Adesina successfully transformed his country s agriculture sector through bold reforms Quinn said the bold reforms included creating programmes to make Nigeria self sufficient in rice production and to make cassava become a major cash crop He pointed out that in 2006 as Associate Director for Food Security at the Rockefeller Foundation Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa which led to the creation of AGRA Our Laureate next played a leadership role in the development of AGRA during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent And then as Minister of Agriculture of his home country Nigeria our Laureate introduced the E Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years The reforms he implemented increased food production by 21 million metric tonnes and attracted 5 6 billion dollars in private sector investments thus earning him the reputation as the Farmer s Minister Quinn said as the first person from agriculture to ever lead a regional development bank Adesina s receiving the Laureate Prize would give impetus in the coming decade to his profound vision Adesina is also the 46th person and the sixth African to win the World Food Prize Quinn commended Nigeria s representation at the event to announce the winner of the Laureate Prize won by a distinguished Nigeria I am so pleased that Charg d Affaires Hakeem Balogun could be here for this announcement he said Former Minister of Finance Dr Ngozi Okonjo Iweala was also present at the occasion as well as U S Secretary of Agriculture Sonny Perdue Congressmen Ambassadors and members of the diplomatic corps Adesina will be presented the 250 000 dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct 19 Edited by Yusuf Zango NAN
    Why Adesina won 2017 World Food Prize Laureate
    Foreign5 years ago

    Why Adesina won 2017 World Food Prize Laureate

    The World Food Prize Foundation has explained why Dr Akinwumi Adesina won the 250,000 dollars 2017 World Food Prize Laureate prize on Monday.

    President of the Foundation, Amb. Kenneth Quinn said Adesina won the prize “for driving change in African agriculture for over 25 years and improving food security for millions across the continent”.

    Adesina, President of the African Development Bank (AfDB), was announced on Monday as the 2017 World Food Prize Laureate at a ceremony at the U.S. Department of Agriculture in Washington, D.C.

    Quinn explained that the selection of Nigeria’s former Minister of Agriculture for the prize also “reflected both his breakthrough achievements as Minister of Agriculture of Nigeria”.

    He said Adesina “led a major expansion of commercial bank lending to farmers as Vice President of Alliance for a Green Revolution in Africa (AGRA) and as Minister of Agriculture in Nigeria, introduced the E-Wallet system”.

    Adesina also “introduced initiatives to exponentially increase the availability of credit for smallholder farmers across the African continent and galvanized the political will to transform African agriculture,” he said.

    He said Adesina “grew up in poverty himself” and embarked on a journey to use his academic training to “lift up millions of people out of poverty, especially farmers in rural Africa”.

    He explained that “as Nigeria’s Minister of Agriculture from 2011 to 2015, Adesina successfully transformed his country’s agriculture sector through bold reforms”.

    Quinn said the bold reforms included creating programmes to make Nigeria self-sufficient in rice production, and to make cassava become a major cash crop.

    He pointed out that in 2006, as Associate Director for Food Security at the Rockefeller Foundation, Adesina played a critical leadership role in organizing the Africa Fertilizer Summit in Abuja.

    He said the summit was described as absolutely essential in igniting the campaign to spread a new Green Revolution across Africa, which led to the creation of AGRA.

    “Our Laureate next played a leadership role in the development of AGRA, during which he led the effort to exponentially expand commercial credit for the agricultural sector and for farmers across the continent.

    “And then, as Minister of Agriculture of his home country Nigeria, our Laureate introduced the E-Wallet system which broke the back of the corrupt elements that had controlled the fertilizer distribution system for 40 years.

    “The reforms he implemented increased food production by 21 million metric tonnes and attracted 5.6 billion dollars in private sector investments, thus earning him the reputation as the ‘Farmer’s Minister’.”

    Quinn said as the first person from agriculture to ever lead a regional development bank, Adesina’s receiving the Laureate Prize would give impetus in the coming decade to his profound vision.

    Adesina is also the 46th person and the sixth African to win the World Food Prize.

    Quinn commended Nigeria’s representation at the event to announce the winner of the Laureate Prize, won by a distinguished Nigeria.

    “I am so pleased that Chargé d’Affaires Hakeem Balogun could be here for this announcement,” he said.

    Former Minister of Finance Dr Ngozi Okonjo-Iweala was also present at the occasion, as well as U.S. Secretary of Agriculture Sonny Perdue, Congressmen, Ambassadors and members of the diplomatic corps.

    Adesina will be presented the 250,000-dollar prize and Laureate sculpture at a ceremony at the Iowa State Capitol on Oct. 19.

    Edited by: Yusuf Zango
    (NAN)

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