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  •   Some diplomats have enjoined countries across the globe to harness the advantages of culture as veritable tool for restoring peace in the world The diplomats made the call on Saturday during the closing ceremony of the 15th International Arts and Crafts Expo INAC in Abuja The expo which held from Aug 18 to Aug 20 attracted delegates from 26 countries and 11 states with the theme Networking Nigerian Crafts to the World Li Xuda Cultural Counsellor of the Chinese Embassy in Nigeria expressed his love for Nigerian culture which he described as colourful and rich Xuda urged individuals across the world to engage in cultural diplomacy harness various nations culture and thirst after unity and peace I am delighted to be part of this laudable exhibition and I congratulate the organisers for a beautiful expo showcasing Nigeria beyond our imagination Let us be united so that we can stand and never fall again I admire Nigeria s rich culture in dance music crafts so unique he said Also Clara Pulido Escandell Cuban Ambassador to Nigeria said culture was capable of facilitating relationships across board urging individuals to explore culture to achieve peace and harmony We Cubans we are proud of our African descent and most especially Nigerian root we are also proud of our common culture and history we will continue to leverage this relationship to achieve peace she said According to Juan Reus Deputy Head of Mission Embassy of Spain the world s unity is in the diversity of cultures Reus who was attending the expo for the first time said it was high time countries fully engaged their culture and relate on common ground for world peace to be restored Our unity is in our diversities let us leverage that to bring back peace to the world I am delighted to be here today I appreciate the great cultural heritage Nigeria has the diversities in food culture language and arts are similar to that of Spain And I commend the laudable efforts of NCAC for a well organised expo he said David Velasquez Venezuelan Ambassador to Nigeria said It is a honour showcasing our arts and crafts to the world this is the strongest opportunity for cultural exchange and collaborations we should uphold this We remember and recognise our strong African root In his remarks Chief Olusegun Runsewe Director General National Council for Arts and Culture NCAC described Nigeria as a hospitable country with accomodating people Runsewe urged countries across the globe to continue to visit the country and disregard all negative and fake stories about Nigeria The News Agency of Nigeria reports reports that 137 Nigerians benefitted in the free skills acquisition programme organised in the course of the expo The exhibitors and delegates were thrilled with performances from different state cultural troupes and local musical bands NewsSourceCredit NAN
    World peace: Diplomats urge nations to harness benefits of culture
      Some diplomats have enjoined countries across the globe to harness the advantages of culture as veritable tool for restoring peace in the world The diplomats made the call on Saturday during the closing ceremony of the 15th International Arts and Crafts Expo INAC in Abuja The expo which held from Aug 18 to Aug 20 attracted delegates from 26 countries and 11 states with the theme Networking Nigerian Crafts to the World Li Xuda Cultural Counsellor of the Chinese Embassy in Nigeria expressed his love for Nigerian culture which he described as colourful and rich Xuda urged individuals across the world to engage in cultural diplomacy harness various nations culture and thirst after unity and peace I am delighted to be part of this laudable exhibition and I congratulate the organisers for a beautiful expo showcasing Nigeria beyond our imagination Let us be united so that we can stand and never fall again I admire Nigeria s rich culture in dance music crafts so unique he said Also Clara Pulido Escandell Cuban Ambassador to Nigeria said culture was capable of facilitating relationships across board urging individuals to explore culture to achieve peace and harmony We Cubans we are proud of our African descent and most especially Nigerian root we are also proud of our common culture and history we will continue to leverage this relationship to achieve peace she said According to Juan Reus Deputy Head of Mission Embassy of Spain the world s unity is in the diversity of cultures Reus who was attending the expo for the first time said it was high time countries fully engaged their culture and relate on common ground for world peace to be restored Our unity is in our diversities let us leverage that to bring back peace to the world I am delighted to be here today I appreciate the great cultural heritage Nigeria has the diversities in food culture language and arts are similar to that of Spain And I commend the laudable efforts of NCAC for a well organised expo he said David Velasquez Venezuelan Ambassador to Nigeria said It is a honour showcasing our arts and crafts to the world this is the strongest opportunity for cultural exchange and collaborations we should uphold this We remember and recognise our strong African root In his remarks Chief Olusegun Runsewe Director General National Council for Arts and Culture NCAC described Nigeria as a hospitable country with accomodating people Runsewe urged countries across the globe to continue to visit the country and disregard all negative and fake stories about Nigeria The News Agency of Nigeria reports reports that 137 Nigerians benefitted in the free skills acquisition programme organised in the course of the expo The exhibitors and delegates were thrilled with performances from different state cultural troupes and local musical bands NewsSourceCredit NAN
    World peace: Diplomats urge nations to harness benefits of culture
    General news3 months ago

    World peace: Diplomats urge nations to harness benefits of culture

    Some diplomats have enjoined countries across the globe to harness the advantages of culture as veritable tool for restoring peace in the world.

    The diplomats made the call on Saturday during the closing ceremony of the 15th International Arts and Crafts Expo (INAC), in Abuja.

    The expo which held from Aug. 18 to Aug. 20, attracted delegates from 26 countries and 11 states, with the theme, “Networking Nigerian Crafts to the World”.

    Li Xuda, Cultural Counsellor of the Chinese Embassy in Nigeria, expressed his love for Nigerian culture which he described as colourful and rich.

    Xuda urged individuals across the world to engage in cultural diplomacy, harness various nations’ culture and thirst after unity and peace.

    “I am delighted to be part of this laudable exhibition and I congratulate the organisers for a beautiful expo, showcasing Nigeria beyond our imagination.

    “Let us be united so that we can stand and never fall again, I admire Nigeria’s rich culture in dance, music, crafts, so unique,” he said.

    Also, Clara Pulido-Escandell, Cuban Ambassador to Nigeria, said culture was capable of facilitating relationships across board, urging individuals to explore culture to achieve peace and harmony.

    “We Cubans, we are proud of our African descent and most especially Nigerian root, we are also proud of our common culture and history, we will continue to leverage this relationship to achieve peace,” she said.

    According to Juan Reus, Deputy Head of Mission, Embassy of Spain, the world’s unity is  in the diversity of cultures.

    Reus, who was attending the expo for the first time, said it was high time countries fully engaged their culture and relate on common ground for world peace to be restored.

    “Our unity is in our diversities, let us leverage that to bring back peace to the world.

    “I am delighted to be here today, I appreciate the great cultural heritage Nigeria has, the diversities in food, culture, language and arts are similar to that of Spain.

    “And I commend the laudable efforts of NCAC for a well organised expo,” he said.

    David Velasquez, Venezuelan Ambassador to Nigeria said,  “It is a honour showcasing our arts and crafts to the world, this is the strongest opportunity for cultural exchange and collaborations, we should uphold this.

    “We remember and recognise our strong African root.

    ”In his remarks, Chief Olusegun Runsewe, Director-General, National Council for Arts and Culture (NCAC), described Nigeria as a hospitable country with accomodating people.

    Runsewe urged countries across the globe to continue to visit the country, and disregard all negative and fake stories about Nigeria.

    The News Agency of Nigeria reports reports that 137 Nigerians benefitted in the free skills acquisition programme organised in the course of the expo.

    The exhibitors and delegates were thrilled with performances from different state cultural troupes and local musical bands.

    (
    NewsSourceCredit: NAN

  •  The Nigerian Institute of Peace and Conflict Resolution NIPCR on Friday urged the citizenry to priotise the growth of culture to promote national peace and development Prof Bakut Bakut Director General of NIPCR made the call during the investment forum of the 15th International Arts and Craft Expo INAC held in Abuja Bakut represented by Dr Joseph Ojogun Director of Research NIPCR had a presentation on the topic Culture Peace and National Development He said it had been observed that inadequate development of the nation s culture contributed to some of its lingering security challenges The director general suggested that culture should be priotised for development while the Federal Government supports all cultural agencies with the needed fund This he said was to allow them deliver expected results in cultural development He noted that culture was capable of enhancing peaceful co existence and creating enabling environment for the creative industry to contribute to the economic development of the nation Arts and crafts which are aspects of our culture can both serve the purpose of violence and war peace and development Arts and crafts are the elixirs for joy happiness peace unity longevity growth and development of any given society The relevance you give to your arts and crafts sector will to a large extent determine the level of peace and development the society is to enjoy No human society can exist without a viable arts crafts and culture the viability of arts and crafts is an ultimate decider for national development Arts and crafts which are inherent in our culture and define the way of our lives and death should not be left with the ill informed roguish and conflict merchants he said According to Bakut there is always a symbiotic relationship between culture arts and craft as culture informs arts and crafts He urged Nigerians to deliberately build the national culture of peace derived from the nation s constitution national anthem and national pledge to ensure national development and peace Bakut said this would benefit the rich and the poor rural and urban population reverse the increasing inequality gaps and promote equity fairness and justice for all Building the culture of peace in our society is the most viable option peace is an investment the peace of today not only allows for production and consumption today but also creates expectations and culture of peace for tomorrow he said The News Agency of Nigeria reports that the 15th edition of INAC expo which had to do with marketing Nigerian crafts to the world attracted eight states and over 25 countries across the globe There were cultural performances from Edo Katsina Ogun states and some other local musical bands There was also one from Venezuela NewsSourceCredit NAN
    15th INAC: Institute identifies link between cultural development, national peace
     The Nigerian Institute of Peace and Conflict Resolution NIPCR on Friday urged the citizenry to priotise the growth of culture to promote national peace and development Prof Bakut Bakut Director General of NIPCR made the call during the investment forum of the 15th International Arts and Craft Expo INAC held in Abuja Bakut represented by Dr Joseph Ojogun Director of Research NIPCR had a presentation on the topic Culture Peace and National Development He said it had been observed that inadequate development of the nation s culture contributed to some of its lingering security challenges The director general suggested that culture should be priotised for development while the Federal Government supports all cultural agencies with the needed fund This he said was to allow them deliver expected results in cultural development He noted that culture was capable of enhancing peaceful co existence and creating enabling environment for the creative industry to contribute to the economic development of the nation Arts and crafts which are aspects of our culture can both serve the purpose of violence and war peace and development Arts and crafts are the elixirs for joy happiness peace unity longevity growth and development of any given society The relevance you give to your arts and crafts sector will to a large extent determine the level of peace and development the society is to enjoy No human society can exist without a viable arts crafts and culture the viability of arts and crafts is an ultimate decider for national development Arts and crafts which are inherent in our culture and define the way of our lives and death should not be left with the ill informed roguish and conflict merchants he said According to Bakut there is always a symbiotic relationship between culture arts and craft as culture informs arts and crafts He urged Nigerians to deliberately build the national culture of peace derived from the nation s constitution national anthem and national pledge to ensure national development and peace Bakut said this would benefit the rich and the poor rural and urban population reverse the increasing inequality gaps and promote equity fairness and justice for all Building the culture of peace in our society is the most viable option peace is an investment the peace of today not only allows for production and consumption today but also creates expectations and culture of peace for tomorrow he said The News Agency of Nigeria reports that the 15th edition of INAC expo which had to do with marketing Nigerian crafts to the world attracted eight states and over 25 countries across the globe There were cultural performances from Edo Katsina Ogun states and some other local musical bands There was also one from Venezuela NewsSourceCredit NAN
    15th INAC: Institute identifies link between cultural development, national peace
    General news3 months ago

    15th INAC: Institute identifies link between cultural development, national peace

    The Nigerian Institute of Peace and Conflict Resolution (NIPCR) on Friday urged the citizenry to priotise the growth of culture, to promote national peace and development.

    Prof Bakut Bakut, Director-General of NIPCR, made the call during the investment forum of the 15th International Arts and Craft Expo (INAC), held in Abuja.

    Bakut, represented by Dr Joseph Ojogun, Director of Research (NIPCR), had a presentation on the topic “Culture, Peace and National Development”.

    He said it had been observed that inadequate development of the nation’s culture contributed to some of its lingering security challenges.

    The director general suggested that culture should be priotised for development while the Federal Government supports all cultural agencies with the needed fund.

    This, he said, was to allow them deliver expected results in cultural development.

    He noted that culture was capable of enhancing peaceful co-existence and creating enabling environment for the creative industry to contribute to the economic development of the nation.

    ” Arts and crafts, which are aspects of our culture, can both serve the purpose of violence and war; peace and development.

    ” Arts and crafts are the elixirs for joy, happiness, peace, unity, longevity,  growth and development of any given society.

    “The relevance you give to your arts and crafts sector will to a large extent determine the level of peace and development the society is to enjoy.

    ” No human society can exist without a viable arts, crafts and culture; the viability of arts and crafts is an ultimate decider for national development.

    “Arts and crafts which are inherent in our culture and define the way of our lives and death should not be left with the ill-informed, roguish and conflict merchants,” he said.

    According to Bakut, there is always a symbiotic relationship between culture, arts and craft, as culture informs arts and crafts.

    He urged Nigerians to deliberately build the national culture of peace derived from the nation’s constitution, national anthem and national pledge to ensure national development and peace.

    Bakut said this would benefit the rich and the poor, rural and urban population, reverse the increasing inequality gaps and promote equity, fairness and justice for all.

    ” Building the culture of peace in our society is the most viable option; peace is an investment, the peace of today not only allows for production and consumption today, but also creates expectations and culture of peace for tomorrow,” he said.

    The News Agency of Nigeria reports that the 15th edition of INAC expo which had to do with marketing Nigerian crafts to the world attracted eight states and over 25 countries across the globe.

    There were cultural performances from Edo, Katsina, Ogun states and some other local musical bands.

    There was also one from Venezuela.

    (
    NewsSourceCredit: NAN

  •   Le Pr sident du Conseil Militaire de Transition Pr sident de la R publique Chef de l Etat G n ral MAHAMAT IDRISS DEBY ITNO to receive the letters of creation of deux nouveaux Ambassadors extraordinaires et plenipotentiaires Il s agit de leurs Excellences Alexander Laskaris des Etats Unis d Am rique et Muzikayifani Khehla Joseph Nkosi de l Afrique du Sud Alexander Laskaris l homme sur qui le Pr sident Joe Biden port son choix en qualit d Ambassadeur extraordinaire et Plenipotentiaire des USA au Tchad Avant le Tchad ila t ambassador of his country to Liberia Botswana Angola Burundi and Guin e This is a fundamental diplomatic acquis that is at the center of the benefits to fluidize the N Djam na Washington axis In reference to his letters of growth to the Pr sident du Conseil Militaire de Transition G n ral MAHAMAT IDRISS DEBY ITNO le nouvel Ambassador des Etats Unis d Am rique au Tchad M Alexander Laskaris a c ur un seul objectif consolidar une coop ration tchado am ricaine dynamique et avantageuse Le Chef de l Etat an encouraging support le nouveau diplomate am ricain maintenir au summum la coop ration tchado am ricaine After the diplomate am ricain c est le nouvelambassadeur extraordinaire et Pl nipotentiaire de l Afrique du Sud au Tchad Muzikayifani Khehla Joseph Nkosi que a remis ses ses cr ance au Chef de l Etat G n ral MAHAMAT IDRISS DEBY ITNO To defend the interests of the Arc en ciel nation aupr s du pays de Touma the South African President Cyril Ramaphosa was chosen by him as a militant of his party the ANC the African National Congress Celui who poses for the premiere of his flights to the Chadienne capital previously Ambassador of his country to Venezuela Engag sur la voie de son d veloppement socio conomique le Tchad pourra compter sur le soutien de l Afrique du Sud un pays fr re et ami a confi le nouvelambassadeur sud africain Muzikayifani Khehla Joseph Nkosi apr s avoir remisses lettres l accr ditant en Qualit d ambassadeur extraordinaire et plenipotentiaire d Afrique du Sud au Tchad Les deux nouveaux ambassadors sud africain et am ricain who were presented on vendredi 19 ao t 2022 leurs letters de cr ance au Pr sident du Conseil Militaire de Transition G n ral MAHAMAT IDRISS DEBY ITNO r sident N Djam na
    Diplomacy: Présentation des Lettres de Créance de deux nouveaux Ambassadeurs
      Le Pr sident du Conseil Militaire de Transition Pr sident de la R publique Chef de l Etat G n ral MAHAMAT IDRISS DEBY ITNO to receive the letters of creation of deux nouveaux Ambassadors extraordinaires et plenipotentiaires Il s agit de leurs Excellences Alexander Laskaris des Etats Unis d Am rique et Muzikayifani Khehla Joseph Nkosi de l Afrique du Sud Alexander Laskaris l homme sur qui le Pr sident Joe Biden port son choix en qualit d Ambassadeur extraordinaire et Plenipotentiaire des USA au Tchad Avant le Tchad ila t ambassador of his country to Liberia Botswana Angola Burundi and Guin e This is a fundamental diplomatic acquis that is at the center of the benefits to fluidize the N Djam na Washington axis In reference to his letters of growth to the Pr sident du Conseil Militaire de Transition G n ral MAHAMAT IDRISS DEBY ITNO le nouvel Ambassador des Etats Unis d Am rique au Tchad M Alexander Laskaris a c ur un seul objectif consolidar une coop ration tchado am ricaine dynamique et avantageuse Le Chef de l Etat an encouraging support le nouveau diplomate am ricain maintenir au summum la coop ration tchado am ricaine After the diplomate am ricain c est le nouvelambassadeur extraordinaire et Pl nipotentiaire de l Afrique du Sud au Tchad Muzikayifani Khehla Joseph Nkosi que a remis ses ses cr ance au Chef de l Etat G n ral MAHAMAT IDRISS DEBY ITNO To defend the interests of the Arc en ciel nation aupr s du pays de Touma the South African President Cyril Ramaphosa was chosen by him as a militant of his party the ANC the African National Congress Celui who poses for the premiere of his flights to the Chadienne capital previously Ambassador of his country to Venezuela Engag sur la voie de son d veloppement socio conomique le Tchad pourra compter sur le soutien de l Afrique du Sud un pays fr re et ami a confi le nouvelambassadeur sud africain Muzikayifani Khehla Joseph Nkosi apr s avoir remisses lettres l accr ditant en Qualit d ambassadeur extraordinaire et plenipotentiaire d Afrique du Sud au Tchad Les deux nouveaux ambassadors sud africain et am ricain who were presented on vendredi 19 ao t 2022 leurs letters de cr ance au Pr sident du Conseil Militaire de Transition G n ral MAHAMAT IDRISS DEBY ITNO r sident N Djam na
    Diplomacy: Présentation des Lettres de Créance de deux nouveaux Ambassadeurs
    Africa3 months ago

    Diplomacy: Présentation des Lettres de Créance de deux nouveaux Ambassadeurs

    Le Président du Conseil Militaire de Transition, Président de la République, Chef de l'Etat, Général MAHAMAT IDRISS DEBY ITNO to receive the letters of creation of deux nouveaux Ambassadors extraordinaires et plenipotentiaires.

    Il s'agit de leurs Excellences Alexander Laskaris des Etats Unis d'Amérique et Muzikayifani Khehla Joseph Nkosi de l'Afrique du Sud. Alexander Laskaris, l'homme sur qui le Président Joe Biden porté son choix en qualité d'Ambassadeur extraordinaire et Plenipotentiaire des USA au Tchad.

    Avant le Tchad, ila été ambassador of his country to Liberia, Botswana, Angola, Burundi and Guinée.

    This is a fundamental diplomatic acquis that is at the center of the benefits to fluidize the N'Djaména-Washington axis.

    In reference to his letters of growth to the Président du Conseil Militaire de Transition, Général MAHAMAT IDRISS DEBY ITNO, le nouvel Ambassador des Etats Unis d'Amérique au Tchad, M.

    Alexander Laskaris, a, à cœur, un seul objectif : consolidar une coopération tchado -américaine dynamique et avantageuse.

    Le Chef de l'Etat, an encouraging support, le nouveau diplomate américain à maintenir au summum la coopération tchado-américaine.

    After the diplomate américain, c'est le nouvelambassadeur extraordinaire et Plénipotentiaire de l'Afrique du Sud au Tchad, Muzikayifani Khehla Joseph Nkosi que a remis ses ses créance au Chef de l'Etat, Général MAHAMAT IDRISS DEBY ITNO.

    To defend the interests of the Arc-en-ciel nation auprès du pays de Toumaï, the South African President, Cyril Ramaphosa, was chosen by him as a militant of his party, the ANC, the African National Congress.

    Celui who poses for the premiere of his flights to the Chadienne capital, previously Ambassador of his country to Venezuela.

    Engagé sur la voie de son développement socio-économique, le Tchad pourra compter sur le soutien de l'Afrique du Sud, un pays frère et ami a confié le nouvelambassadeur sud-africain, Muzikayifani Khehla Joseph Nkosi après avoir remisses lettres l'accréditant en Qualité d'ambassadeur extraordinaire et plenipotentiaire d'Afrique du Sud au Tchad.

    Les deux nouveaux ambassadors, sud africain et américain, who were presented on vendredi, 19 août 2022, leurs letters de créance au Président du Conseil Militaire de Transition, Général MAHAMAT IDRISS DEBY ITNO résident à N'Djaména.

  •  The 15th edition of the International Arts and Craft Expo INAC began on Thursday in Abuja with no fewer than 25 countries and eight states in attendance The expo which is to hold from Aug 18 to Aug 20 has the theme Networking Nigerian Crafts to the World Some of the countries in attendance include China Cuba Spain Mali Tanzania Iran Phillipines Trinidad and Tobago Malaysia India Syria Venezuela Burkina Faso Bangledesh Soth Korea Lebanon Benin Republic Sudan and Libya among others Participants from Kaduna Lagos Ogun Katsina Akwa Ibom states and the FCT were also in attendance Chief Olusegun Runsewe Director General National Council for Arts and Culture NCAC convener of INAC said that the essence of the expo was to ensure Nigerian crafts are better projected to various countries of the world Runsewe said that it was also meant to promote cultural exchange programmes improve inter country collaborations in music arts drama and all According to him the expo will feature skill acquisition training for the youth free medical examination and care display of countries art documemtaries exhibitions of countries arts crafts and all This is another opportunity we have to showcase Nigerian crafts to the world and to let the world know that Nigeria is a safe place to be We want Nigerians to know that the creative industry is capable of tackling Nigerian insecurity problems by engaging the youth in our crafts for revenue generation he said Some of the exhibitors who spoke with the News Agency of Nigeria commended the organisers of the expo and revealed their expectations Mrs Yadavi Ritu Martin an exhibitor from India said the main aim of participating in the expo was to learn from Nigerian culture and other countries Ritu Martin said that fabrics from the 31 states that make up India were exhibited as well as household handmade utensils made with copper brass and silver Another exhibitor from India Reena Saini said she had come to showcase and create awareness on the efficacy of Indian traditional medicines known as Ayurveda Mr Adeeb Al bodi Cultural Officer Syrian Embassy said Syrian handcrafts ranging from home decoratives kitchen utensils and body ornaments were on display Albodi commended organisers of the expo for a well organised environment He said some of the country s crafts displayed were Ibri Shayi a cup specially made for tea consumption Samawar material for home decoration Dhawulat Zahan an imitation of chess games and many other items Mr Mishaal Khadr Economic Attach Lebanon Embassy said he had always been intrigued with countries and states participation in the expo Khadr noted that Lebanon was participating to showcase the country s old history in arts and crafts He said the country was also out to market its organic olive oil soap which had lots of benefits to the skin acting as antioxidant and more We have our handmade aluminium plates home decoratives modern boxes organic soap made with 100 per cent olive oil we intend to make sales and create awareness for most of the products displayed Lebanon and Nigeria have some similarities in culture we have experienced lots of inter marriages we are looking forward to strengthening our relations I love Nigeria and what I will be taking away from here is Nigerian good food and beautiful music he said The delegates and exhibitors were thrilled as local artistes performed to their delight nannews ng NewsSourceCredit NAN
    Abuja agog as 15th INAC begins with 25 countries in attendance
     The 15th edition of the International Arts and Craft Expo INAC began on Thursday in Abuja with no fewer than 25 countries and eight states in attendance The expo which is to hold from Aug 18 to Aug 20 has the theme Networking Nigerian Crafts to the World Some of the countries in attendance include China Cuba Spain Mali Tanzania Iran Phillipines Trinidad and Tobago Malaysia India Syria Venezuela Burkina Faso Bangledesh Soth Korea Lebanon Benin Republic Sudan and Libya among others Participants from Kaduna Lagos Ogun Katsina Akwa Ibom states and the FCT were also in attendance Chief Olusegun Runsewe Director General National Council for Arts and Culture NCAC convener of INAC said that the essence of the expo was to ensure Nigerian crafts are better projected to various countries of the world Runsewe said that it was also meant to promote cultural exchange programmes improve inter country collaborations in music arts drama and all According to him the expo will feature skill acquisition training for the youth free medical examination and care display of countries art documemtaries exhibitions of countries arts crafts and all This is another opportunity we have to showcase Nigerian crafts to the world and to let the world know that Nigeria is a safe place to be We want Nigerians to know that the creative industry is capable of tackling Nigerian insecurity problems by engaging the youth in our crafts for revenue generation he said Some of the exhibitors who spoke with the News Agency of Nigeria commended the organisers of the expo and revealed their expectations Mrs Yadavi Ritu Martin an exhibitor from India said the main aim of participating in the expo was to learn from Nigerian culture and other countries Ritu Martin said that fabrics from the 31 states that make up India were exhibited as well as household handmade utensils made with copper brass and silver Another exhibitor from India Reena Saini said she had come to showcase and create awareness on the efficacy of Indian traditional medicines known as Ayurveda Mr Adeeb Al bodi Cultural Officer Syrian Embassy said Syrian handcrafts ranging from home decoratives kitchen utensils and body ornaments were on display Albodi commended organisers of the expo for a well organised environment He said some of the country s crafts displayed were Ibri Shayi a cup specially made for tea consumption Samawar material for home decoration Dhawulat Zahan an imitation of chess games and many other items Mr Mishaal Khadr Economic Attach Lebanon Embassy said he had always been intrigued with countries and states participation in the expo Khadr noted that Lebanon was participating to showcase the country s old history in arts and crafts He said the country was also out to market its organic olive oil soap which had lots of benefits to the skin acting as antioxidant and more We have our handmade aluminium plates home decoratives modern boxes organic soap made with 100 per cent olive oil we intend to make sales and create awareness for most of the products displayed Lebanon and Nigeria have some similarities in culture we have experienced lots of inter marriages we are looking forward to strengthening our relations I love Nigeria and what I will be taking away from here is Nigerian good food and beautiful music he said The delegates and exhibitors were thrilled as local artistes performed to their delight nannews ng NewsSourceCredit NAN
    Abuja agog as 15th INAC begins with 25 countries in attendance
    Entertainment3 months ago

    Abuja agog as 15th INAC begins with 25 countries in attendance

    The 15th edition of the International Arts and Craft Expo (INAC) began on Thursday in Abuja with no fewer than 25 countries and eight states in attendance.

    The expo which is to hold from Aug.18 to Aug. 20, has the theme: “Networking Nigerian Crafts to the World”.

    Some of the countries in attendance include: China, Cuba, Spain, Mali, Tanzania, Iran, Phillipines, Trinidad and Tobago, Malaysia, India, Syria, Venezuela, Burkina Faso, Bangledesh, Soth Korea, Lebanon, Benin Republic, Sudan and Libya among others.

    Participants from Kaduna, Lagos, Ogun, Katsina, Akwa Ibom states and the FCT were also in attendance.

    Chief Olusegun Runsewe, Director-General, National Council for Arts and Culture (NCAC), convener of INAC, said that the essence of the expo was to ensure Nigerian crafts are better projected to various countries of the world.

    Runsewe said that it was also meant to promote cultural exchange programmes, improve inter-country collaborations in music, arts, drama and all.

    According to him, the expo will feature skill acquisition training for the youth, free medical examination and care, display of countries art documemtaries, exhibitions of countries’ arts, crafts and all.

    “This is another opportunity we have to showcase Nigerian crafts to the world and to let the world know that Nigeria is a safe place to be.

    “We want Nigerians to know that the creative industry is capable of tackling Nigerian insecurity problems by engaging the youth in our crafts for revenue generation,” he said.

    Some of the exhibitors who spoke with the News Agency of Nigeria commended the organisers of the expo and revealed their expectations.

    Mrs Yadavi Ritu-Martin, an exhibitor from India, said the main aim of participating in the expo was to learn from Nigerian culture and other countries.

    Ritu-Martin said that fabrics from the 31 states that make up India were exhibited as well as household handmade utensils made with copper, brass and silver.

    Another exhibitor from India, Reena Saini, said she had come to showcase and create awareness on the efficacy of Indian traditional medicines known as “Ayurveda”.

    Mr Adeeb Al-bodi, Cultural Officer, Syrian Embassy, said Syrian handcrafts ranging from home decoratives, kitchen utensils and body ornaments were on display.

    Albodi commended organisers of the expo for a well organised environment.

    He said some of the country’s crafts displayed were: Ibri Shayi- a cup specially made for tea consumption; Samawar- material for home decoration; Dhawulat Zahan – an imitation of chess games and many other items.

    Mr Mishaal Khadr, Economic Attachė, Lebanon Embassy, said he had always been intrigued with countries and states’ participation in the expo.

    Khadr noted that Lebanon was participating to showcase the country’s old history in arts and crafts.

    He said the country was also out to market its  organic olive oil soap which had lots of benefits to the skin, acting as antioxidant and more.

    “We have our handmade aluminium plates, home decoratives, modern boxes, organic soap made with 100 per cent olive oil, we intend to make sales and create awareness for most of the products displayed.

    “Lebanon and Nigeria have some similarities in culture, we have experienced lots of inter-marriages, we are looking forward to strengthening our relations.

    “I love Nigeria and what I will be taking away from here is Nigerian good food and beautiful music,” he said.

    The delegates and exhibitors were thrilled as local artistes performed to their delight.

    (nannews.

    ng)
    NewsSourceCredit: NAN

  •  The Organisation of the Petroleum Exporting Countries OPEC says Nigeria s crude oil production increased to an average of 1 183 million barrels per day bpd in July 2022 OPEC made this known in its Oil Market Report for August 2022 which was obtained by the News Agency of Nigeria on Thursday in Lagos The report said the figure showed an increase of 7 000 barrels per day when compared with 1 176 produced averagely in the month of June 2022 According to secondary sources averaged 28 92 in July 2022 higher by 216 000 barrels per day month on month Crude oil output increased mainly in Saudi Arabia the United Arab Emirates and Kuwait while production in Venezuela and Angola declined it said The report said Nigeria s July Stanbic IBTC Bank Purchasing Manger s Index rose to 53 2 from 50 9 in June amid stronger inflows of new orders It said this helped to underpin a further improvement in operating conditions in the Nigerian non oil private sector Yet purchase and output price inflation accelerated for the fifth straight month to 18 6 per cent in June 2022 against 17 7 per cent in May amid unfavourable exchange rate movements and higher fuel costs Nevertheless business sentiment improved as firms reported hopes of securing greater business investments the report added NewsSourceCredit NAN
    Nigeria’s crude oil production averaged 1.183m b/d in July – OPEC
     The Organisation of the Petroleum Exporting Countries OPEC says Nigeria s crude oil production increased to an average of 1 183 million barrels per day bpd in July 2022 OPEC made this known in its Oil Market Report for August 2022 which was obtained by the News Agency of Nigeria on Thursday in Lagos The report said the figure showed an increase of 7 000 barrels per day when compared with 1 176 produced averagely in the month of June 2022 According to secondary sources averaged 28 92 in July 2022 higher by 216 000 barrels per day month on month Crude oil output increased mainly in Saudi Arabia the United Arab Emirates and Kuwait while production in Venezuela and Angola declined it said The report said Nigeria s July Stanbic IBTC Bank Purchasing Manger s Index rose to 53 2 from 50 9 in June amid stronger inflows of new orders It said this helped to underpin a further improvement in operating conditions in the Nigerian non oil private sector Yet purchase and output price inflation accelerated for the fifth straight month to 18 6 per cent in June 2022 against 17 7 per cent in May amid unfavourable exchange rate movements and higher fuel costs Nevertheless business sentiment improved as firms reported hopes of securing greater business investments the report added NewsSourceCredit NAN
    Nigeria’s crude oil production averaged 1.183m b/d in July – OPEC
    General news4 months ago

    Nigeria’s crude oil production averaged 1.183m b/d in July – OPEC

    The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.183 million barrels per day (bpd) in July 2022. OPEC made this known in its Oil Market Report for August 2022 which was obtained by the News Agency of Nigeria on Thursday in Lagos.

    The report said the figure showed an increase of 7,000 barrels per day when compared with 1.176 produced averagely in the month of June 2022. “According to secondary sources, averaged 28.92 in July 2022, higher by 216,000 barrels per day month-on-month.

    “Crude oil output increased mainly in Saudi Arabia, the United Arab Emirates, and Kuwait, while production in Venezuela and Angola declined,” it said.

    The report said Nigeria’s July Stanbic IBTC Bank Purchasing Manger’s Index rose to 53.2 from 50.9 in June, amid stronger inflows of new orders.

    It said this helped to underpin a further improvement in operating conditions in the Nigerian non-oil private sector.

    “Yet, purchase and output price inflation accelerated for the fifth straight month to 18.6 per cent in June 2022, against 17.7 per cent in May, amid unfavourable exchange rate movements and higher fuel costs.

    “Nevertheless, business sentiment improved as firms reported hopes of securing greater business investments,” the report added.


    NewsSourceCredit: NAN

  •  The UN Conference on Trade and Development UNCTAD has called for action to curb crypto currencies in developing nations Crypto currencies are an alternative form of payment Transactions are done digitally through encrypted technology known as block chain The UN trade and development agency made the call in three policy briefs entitled All that glitters is not gold The high cost of leaving crypto currencies unregulated published on Wednesday The policy brief examines the reasons for the rapid uptake of crypto currencies in developing countries including facilitation of remittances and as a hedge against currency and inflation risks UNCTAD warned that although private digital currencies had rewarded some individuals and institutions they were an unstable financial asset that could bring social risks and costs UNCTAD said their benefits to some are overshadowed by the threats they pose to financial stability domestic resource mobilisation and the security of monetary systems According to the agency the use of crypto currency rose globally at an unprecedented rate during the COVID 19 pandemic reinforcing a trend that was already in motion noting that some 19 000 are currently in existence In 2021 developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns crypto currencies Ukraine topped the list with 12 7 per cent followed by Russia and Venezuela with 11 9 per cent and 10 3 per cent respectively Recent digital currency shocks in the market suggest that there are private risks to holding crypto but if the central bank steps in to protect financial stability then the problem becomes a public one UNCTAD said Furthermore if crypto currencies continue to grow as a means of payment and even replace domestic currencies unofficially the monetary sovereignty of countries could be jeopardised UNCTAD also highlighted the particular risk that stable coins pose in developing countries with unmet demand for reserve currencies As their name implies stable coins are designed to maintain stability as their value is pegged to another currency commodity or financial instrument For some of these reasons the International Monetary Fund has expressed the view that crypto currencies pose risks as legal tender the agency said The second policy brief focuses on the implications of crypto currencies for the stability and security of monetary systems and to financial stability in general It is argued that a domestic digital payment system that serves as a public good could fulfill at least some of the reasons for crypto use and limit the expansion of crypto currencies in developing countries said UNCTAD For example monetary authorities could provide a central bank digital currency or a fast retail payment system though measures will depend on national capacities and needs However UNCTAD has urged governments to maintain the issuance and distribution of cash given the risk of deepening the digital divide in developed countries The final policy brief discusses how crypto currencies have become a new channel for undermining domestic resource mobilisation in developing countries and warns of the dangers of doing too little too late While crypto currencies can facilitate remittances UNCTAD warned that they may also enable tax evasion and avoidance through illicit financial flows similar to a tax haven where ownership is not easily identifiable In this way crypto currencies may also curb the effectiveness of capital controls a key instrument for developing countries to preserve their policy space and macroeconomic stability the agency added UNCTAD has outlined several actions aimed at halting cryptocurrency expansion in developing countries The agency urged authorities to regulate crypto exchanges digital wallets and decentralised finance to ensure the comprehensive financial regulation of crypto currencies Furthermore regulated financial institutions should be banned from holding crypto currencies including stable coins or offering related products to their clients Advertising related to crypto currencies also should be regulated as is the case with other high risk financial assets Governments are advised to provide a safe reliable and affordable public payment system adapted to the digital era UNCTAD also advocates for global tax coordination regarding crypto currency tax treatments regulation and information sharing Additionally capital controls should be redesigned to take account of what the agency described as the decentralised borderless and pseudonymous features of crypto currencies www nannew ng NewsSourceCredit NAN
    UNCTAD spells out actions to curb crypto currencies in developing countries
     The UN Conference on Trade and Development UNCTAD has called for action to curb crypto currencies in developing nations Crypto currencies are an alternative form of payment Transactions are done digitally through encrypted technology known as block chain The UN trade and development agency made the call in three policy briefs entitled All that glitters is not gold The high cost of leaving crypto currencies unregulated published on Wednesday The policy brief examines the reasons for the rapid uptake of crypto currencies in developing countries including facilitation of remittances and as a hedge against currency and inflation risks UNCTAD warned that although private digital currencies had rewarded some individuals and institutions they were an unstable financial asset that could bring social risks and costs UNCTAD said their benefits to some are overshadowed by the threats they pose to financial stability domestic resource mobilisation and the security of monetary systems According to the agency the use of crypto currency rose globally at an unprecedented rate during the COVID 19 pandemic reinforcing a trend that was already in motion noting that some 19 000 are currently in existence In 2021 developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns crypto currencies Ukraine topped the list with 12 7 per cent followed by Russia and Venezuela with 11 9 per cent and 10 3 per cent respectively Recent digital currency shocks in the market suggest that there are private risks to holding crypto but if the central bank steps in to protect financial stability then the problem becomes a public one UNCTAD said Furthermore if crypto currencies continue to grow as a means of payment and even replace domestic currencies unofficially the monetary sovereignty of countries could be jeopardised UNCTAD also highlighted the particular risk that stable coins pose in developing countries with unmet demand for reserve currencies As their name implies stable coins are designed to maintain stability as their value is pegged to another currency commodity or financial instrument For some of these reasons the International Monetary Fund has expressed the view that crypto currencies pose risks as legal tender the agency said The second policy brief focuses on the implications of crypto currencies for the stability and security of monetary systems and to financial stability in general It is argued that a domestic digital payment system that serves as a public good could fulfill at least some of the reasons for crypto use and limit the expansion of crypto currencies in developing countries said UNCTAD For example monetary authorities could provide a central bank digital currency or a fast retail payment system though measures will depend on national capacities and needs However UNCTAD has urged governments to maintain the issuance and distribution of cash given the risk of deepening the digital divide in developed countries The final policy brief discusses how crypto currencies have become a new channel for undermining domestic resource mobilisation in developing countries and warns of the dangers of doing too little too late While crypto currencies can facilitate remittances UNCTAD warned that they may also enable tax evasion and avoidance through illicit financial flows similar to a tax haven where ownership is not easily identifiable In this way crypto currencies may also curb the effectiveness of capital controls a key instrument for developing countries to preserve their policy space and macroeconomic stability the agency added UNCTAD has outlined several actions aimed at halting cryptocurrency expansion in developing countries The agency urged authorities to regulate crypto exchanges digital wallets and decentralised finance to ensure the comprehensive financial regulation of crypto currencies Furthermore regulated financial institutions should be banned from holding crypto currencies including stable coins or offering related products to their clients Advertising related to crypto currencies also should be regulated as is the case with other high risk financial assets Governments are advised to provide a safe reliable and affordable public payment system adapted to the digital era UNCTAD also advocates for global tax coordination regarding crypto currency tax treatments regulation and information sharing Additionally capital controls should be redesigned to take account of what the agency described as the decentralised borderless and pseudonymous features of crypto currencies www nannew ng NewsSourceCredit NAN
    UNCTAD spells out actions to curb crypto currencies in developing countries
    Foreign4 months ago

    UNCTAD spells out actions to curb crypto currencies in developing countries

    The UN Conference on Trade and Development (UNCTAD) has called for action to curb crypto currencies in developing nations.

    Crypto currencies are an alternative form of payment.

    Transactions are done digitally through encrypted technology known as block chain.

    The UN trade and development agency made the call in three policy briefs entitled “All that glitters is not gold: The high cost of leaving crypto currencies unregulated” published on Wednesday.

    The policy brief examines the reasons for the rapid uptake of crypto currencies in developing countries, including facilitation of remittances and as a hedge against currency and inflation risks.

    UNCTAD warned that although private digital currencies had rewarded some individuals and institutions, they were an unstable financial asset that could bring social risks and costs.

    UNCTAD said their benefits to some are overshadowed by the threats they pose to financial stability, domestic resource mobilisation, and the security of monetary systems.

    According to the agency, the use of crypto currency rose globally at an unprecedented rate during the COVID-19 pandemic, reinforcing a trend that was already in motion, noting that some 19,000 are currently in existence.

    In 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns crypto currencies.

    Ukraine topped the list with 12.7 per cent, followed by Russia and Venezuela, with 11.9 per cent and 10.3 per cent, respectively.

    “Recent digital currency shocks in the market suggest that there are private risks to holding crypto, but if the central bank steps in to protect financial stability, then the problem becomes a public one,” UNCTAD said.

    Furthermore, if crypto currencies continue to grow as a means of payment, and even replace domestic currencies unofficially, the “monetary sovereignty” of countries could be jeopardised.

    UNCTAD also highlighted the particular risk that stable coins pose in developing countries with unmet demand for reserve currencies.

    As their name implies, stable coins are designed to maintain stability as their value is pegged to another currency, commodity or financial instrument.

    “For some of these reasons, the International Monetary Fund has expressed the view that crypto currencies pose risks as legal tender,” the agency said.

    The second policy brief focuses on the implications of crypto currencies for the stability and security of monetary systems, and to financial stability in general.

    “It is argued that a domestic digital payment system that serves as a public good could fulfill at least some of the reasons for crypto use and limit the expansion of crypto currencies in developing countries,” said UNCTAD.

    For example, monetary authorities could provide a central bank digital currency or a fast retail payment system, though measures will depend on national capacities and needs.

    However, UNCTAD has urged governments to maintain the issuance and distribution of cash, given the risk of deepening the digital divide in developed countries.

    The final policy brief discusses how crypto currencies have become a new channel for undermining domestic resource mobilisation in developing countries, and warns of the dangers of doing too little, too late.

    While crypto currencies can facilitate remittances, UNCTAD warned that they may also enable tax evasion and avoidance through illicit financial flows – similar to a tax haven, where ownership is not easily identifiable.

    “In this way, crypto currencies may also curb the effectiveness of capital controls, a key instrument for developing countries to preserve their policy space and macroeconomic stability,” the agency added.

    UNCTAD has outlined several actions aimed at halting cryptocurrency expansion in developing countries.

    The agency urged authorities to regulate crypto exchanges, digital wallets and decentralised finance to ensure the comprehensive financial regulation of crypto currencies.

    Furthermore, regulated financial institutions should be banned from holding crypto currencies, including stable coins, or offering related products to their clients.

    Advertising related to crypto currencies also should be regulated, as is the case with other high risk financial assets.

    Governments are advised to provide a safe, reliable and affordable public payment system adapted to the digital era.

    UNCTAD also advocates for global tax coordination regarding crypto currency tax treatments, regulation and information sharing.

    Additionally, capital controls should be redesigned to take account of what the agency described as the decentralised, borderless and pseudonymous features of crypto currencies.

    (www.

    nannew.

    ng)
    NewsSourceCredit: NAN

  •  The Convener 2022 Olokun Festival Mrs Omolara Fashola says culture will increase Nigeria s Gross Domestic Product and the entire African continent if properly harnessed Fashola made this known at a news conference on Saturday in Lagos ahead of the festival slated for Aug 26 in Lagos The Convener said My belief is that if culture is properly harnessed it will increase the Gross Domestic Product of Nigeria and of course the entire African continent There is need to enlighten our youths to take their destiny into their hands they should take due advantage of the continents rich cultural diversity to develop themselves economically According to her this requires concerted efforts time and attention of every African Fashola said that the promotion of African culture should have an impact on the way people viewed life which according to her gives the continent an edge among other continents She said that on the contrary the culture had been pushed aside for foreign cultures in terms of food languages entertainment and fashion Promoting the Yoruba Culture through the Olokun Festival has come to mend the gap by showcasing our culture in the best way possible with our local cuisine music fashion folklore among others As a Cultural Ambassador of the African Union ECOSOCC Nigeria my job is to support the work of the regional body This is to promote greater unity and solidarity between Africa countries and its people and also to defend Africa position on issues of the common interest The better way to achieve these goals is by promoting and driving the relevance of our cultural heritage to our coming generations Fashola said Also Mr John Oba a representative of the African Union ECOSOCC Nigeria said that Nigeria s culture would solve most of the vices currently being experienced in the country If we want a corrupt free Nigeria we need to task our leaders to go by our culture once elected they should swear by our culture If we can imbibe our culture corruption will be something of the past Also we must bring our culture to the fore so that our youths can understand its value be properly molded to be the people they are supposed to be and we will not lose our identity Oba said In her remarks Ms Aderonke Fowosere an Information and Communications Technology Expert said that her company was looking toward tokenising culture which is presenting culture in such a way that it lived forever Fowosere who works at a technological company into software engineering Mobi Automation said her company was partnering with the Olokun foundation for the event We are here to ensure that the essence of African culture is preserved and passed across We are also looking for ways toward integrating technology to the monetisation of culture so that the custodians of culture are able to harness the innate capacity of our traditions Also to be able to make money and in the long run able to raise the standard of living in Nigeria and transform the economic structure of the country The News Agency of Nigeria reports that Ambassadors and High Commissioners from Africa and other countries have been invited to be part of the event The theme of the event is The Role of African Culture in the Promotion and Development of Young Africans The countries include Brazil Venezuela Cuba Trinidad and Tobago Jamaica Malaysia France China America Spain Britain Also part of the activities expected at the event include cultural display Ewi recitation dance performances Inspired African shows display of African artifacts life band contemporary African Music NewsSourceCredit NAN
    Culture ‘ll increase GDP, if properly harnessed- Olokun Festival Convener
     The Convener 2022 Olokun Festival Mrs Omolara Fashola says culture will increase Nigeria s Gross Domestic Product and the entire African continent if properly harnessed Fashola made this known at a news conference on Saturday in Lagos ahead of the festival slated for Aug 26 in Lagos The Convener said My belief is that if culture is properly harnessed it will increase the Gross Domestic Product of Nigeria and of course the entire African continent There is need to enlighten our youths to take their destiny into their hands they should take due advantage of the continents rich cultural diversity to develop themselves economically According to her this requires concerted efforts time and attention of every African Fashola said that the promotion of African culture should have an impact on the way people viewed life which according to her gives the continent an edge among other continents She said that on the contrary the culture had been pushed aside for foreign cultures in terms of food languages entertainment and fashion Promoting the Yoruba Culture through the Olokun Festival has come to mend the gap by showcasing our culture in the best way possible with our local cuisine music fashion folklore among others As a Cultural Ambassador of the African Union ECOSOCC Nigeria my job is to support the work of the regional body This is to promote greater unity and solidarity between Africa countries and its people and also to defend Africa position on issues of the common interest The better way to achieve these goals is by promoting and driving the relevance of our cultural heritage to our coming generations Fashola said Also Mr John Oba a representative of the African Union ECOSOCC Nigeria said that Nigeria s culture would solve most of the vices currently being experienced in the country If we want a corrupt free Nigeria we need to task our leaders to go by our culture once elected they should swear by our culture If we can imbibe our culture corruption will be something of the past Also we must bring our culture to the fore so that our youths can understand its value be properly molded to be the people they are supposed to be and we will not lose our identity Oba said In her remarks Ms Aderonke Fowosere an Information and Communications Technology Expert said that her company was looking toward tokenising culture which is presenting culture in such a way that it lived forever Fowosere who works at a technological company into software engineering Mobi Automation said her company was partnering with the Olokun foundation for the event We are here to ensure that the essence of African culture is preserved and passed across We are also looking for ways toward integrating technology to the monetisation of culture so that the custodians of culture are able to harness the innate capacity of our traditions Also to be able to make money and in the long run able to raise the standard of living in Nigeria and transform the economic structure of the country The News Agency of Nigeria reports that Ambassadors and High Commissioners from Africa and other countries have been invited to be part of the event The theme of the event is The Role of African Culture in the Promotion and Development of Young Africans The countries include Brazil Venezuela Cuba Trinidad and Tobago Jamaica Malaysia France China America Spain Britain Also part of the activities expected at the event include cultural display Ewi recitation dance performances Inspired African shows display of African artifacts life band contemporary African Music NewsSourceCredit NAN
    Culture ‘ll increase GDP, if properly harnessed- Olokun Festival Convener
    General news4 months ago

    Culture ‘ll increase GDP, if properly harnessed- Olokun Festival Convener

    The Convener, 2022 Olokun Festival, Mrs Omolara Fashola, says culture will increase Nigeria’s Gross Domestic Product and the entire African continent, if properly harnessed.

    Fashola made this known at a news conference on Saturday in Lagos, ahead of the festival slated for Aug. 26 in Lagos.

    The Convener said: ‘’My belief is that, if culture is properly harnessed, it will increase the Gross Domestic Product of Nigeria and of course, the entire African continent.

    ‘’There is need to enlighten our youths to take their destiny into their hands; they should take due advantage of the continents rich cultural diversity to develop themselves economically.

    ‘’ According to her, this requires concerted efforts, time and attention of every African.

    Fashola said that the promotion of African culture should have an impact on the way people viewed life, which according to her, gives the continent an edge among other continents.

    She said that on the contrary, the culture had been pushed aside for foreign cultures in terms of food, languages, entertainment and fashion.

    ‘’Promoting the Yoruba Culture through the Olokun Festival has come to mend the gap by showcasing our culture in the best way possible with our local cuisine, music, fashion, folklore among others.

    ‘’As a Cultural Ambassador of the African Union- ECOSOCC Nigeria, my job is to support the work of the regional body.

    “This is to promote greater unity and solidarity between Africa countries and its people and also to defend Africa position on issues of the common interest.

    ‘’The better way to achieve these goals is by promoting and driving the relevance of our cultural heritage to our coming generations,‘’ Fashola said.

    Also, Mr John Oba, a representative of the African Union- ECOSOCC Nigeria, said that Nigeria’s culture would solve most of the vices currently being experienced in the country.

    ‘’If we want a corrupt-free Nigeria, we need to task our leaders to go by our culture; once elected, they should swear by our culture.

    If we can imbibe our culture, corruption will be something of the past.

    ‘’Also, we must bring our culture to the fore, so that our youths can understand its value; be properly molded to be the people they are supposed to be and we will not lose our identity,‘’ Oba said.

    In her remarks, Ms Aderonke Fowosere, an Information and Communications Technology Expert, said that her company was looking toward ‘’tokenising’’ culture, which is, presenting culture in such a way that it lived forever.

    Fowosere, who works at a technological company into software engineering, Mobi Automation, said her company was partnering with the Olokun foundation for the event.

    ‘’We are here to ensure that the essence of African culture is preserved and passed across.

    ‘’We are also looking for ways toward integrating technology to the monetisation of culture, so that the custodians of culture are able to harness the innate capacity of our traditions.

    ‘’Also, to be able to make money and in the long run, able to raise the standard of living in Nigeria and transform the economic structure of the country.

    The News Agency of Nigeria reports that Ambassadors and High Commissioners from Africa and other countries have been invited to be part of the event.

    ‘The theme of the event is “The Role of African Culture in the Promotion and Development of Young Africans”.

    The countries include: Brazil, Venezuela, Cuba, Trinidad and Tobago, Jamaica, Malaysia, France, China, America, Spain, Britain.

    Also, part of the activities expected at the event include cultural display; Ewi recitation; dance performances; Inspired African shows; display of African artifacts; life band contemporary African Music.


    NewsSourceCredit: NAN

  •  The Nigerian Navy has handed over a vessel loaded with an unspecified quantity of diesel and five suspects to the Economic and Financial Crimes Commission EFCC The Base Operation Officer of the Nigerian Navy Ship Victory NNSV Lt Cdr Clement Ayogu handed over the vessel and the suspects to an Assistant Superintendent of EFCC from Uyo zone Mr Inainfe Young Inainfe The Navy said the suspects are four Nigerians and a Venezuelan national Ayogu said that the handover was done on behalf of the NNSV Commander Commodore Ifeanyi Okpala as directed by the Flag Officer Commanding Eastern Naval Command Rear Adm Ibrahim Dewu He explained that the arrest was made in relation to the Operation Dakatar Da Barawo that was inaugurated by the Navy to fight illegal bunkering and crude oil theft Dewu said the vessel named Edidion AJ and the suspects were arrested on July 20 2022 by men of the NNSV on patrol at the Calabar channel At the time of the arrest the vessel had four crew members from Nigeria and a Venezuelan national The vessel was carrying an unspecified quantity of petroleum product suspected to be illegally refined diesel We have established the fact that the vessel and her crew are complicit in the crime of economic sabotage As a result of that we are here to hand over the vessel and her crew to EFCC for onward investigation and prosecution he said Dewu advised members of the public to desist from all forms of criminal activities He vowed that the Navy and other security agencies will not spare anyone involved in criminalities Responding after receiving the vessel and the suspects Young Inainfe lauded the navy for the arrest He said that the synergy between the commission and the Navy had yielded many results in the fight against economic crimes in the country We are taking over the vessel and the crew members we can assure you that proper investigation would be carried out on the suspects and justice would be done he said NewsSourceCredit NAN
    Alleged bunkering: Navy hands over 5 suspects, 1 vessel to EFCC
     The Nigerian Navy has handed over a vessel loaded with an unspecified quantity of diesel and five suspects to the Economic and Financial Crimes Commission EFCC The Base Operation Officer of the Nigerian Navy Ship Victory NNSV Lt Cdr Clement Ayogu handed over the vessel and the suspects to an Assistant Superintendent of EFCC from Uyo zone Mr Inainfe Young Inainfe The Navy said the suspects are four Nigerians and a Venezuelan national Ayogu said that the handover was done on behalf of the NNSV Commander Commodore Ifeanyi Okpala as directed by the Flag Officer Commanding Eastern Naval Command Rear Adm Ibrahim Dewu He explained that the arrest was made in relation to the Operation Dakatar Da Barawo that was inaugurated by the Navy to fight illegal bunkering and crude oil theft Dewu said the vessel named Edidion AJ and the suspects were arrested on July 20 2022 by men of the NNSV on patrol at the Calabar channel At the time of the arrest the vessel had four crew members from Nigeria and a Venezuelan national The vessel was carrying an unspecified quantity of petroleum product suspected to be illegally refined diesel We have established the fact that the vessel and her crew are complicit in the crime of economic sabotage As a result of that we are here to hand over the vessel and her crew to EFCC for onward investigation and prosecution he said Dewu advised members of the public to desist from all forms of criminal activities He vowed that the Navy and other security agencies will not spare anyone involved in criminalities Responding after receiving the vessel and the suspects Young Inainfe lauded the navy for the arrest He said that the synergy between the commission and the Navy had yielded many results in the fight against economic crimes in the country We are taking over the vessel and the crew members we can assure you that proper investigation would be carried out on the suspects and justice would be done he said NewsSourceCredit NAN
    Alleged bunkering: Navy hands over 5 suspects, 1 vessel to EFCC
    Defence/Security4 months ago

    Alleged bunkering: Navy hands over 5 suspects, 1 vessel to EFCC

    The Nigerian Navy has handed over a vessel loaded with an unspecified quantity of diesel and five suspects to the Economic and Financial Crimes Commission (EFCC).

    The Base Operation Officer of the Nigerian Navy Ship Victory (NNSV), Lt.-Cdr. Clement Ayogu, handed over the vessel and the suspects to an Assistant Superintendent of EFCC from Uyo zone, Mr Inainfe Young-Inainfe.

    The Navy said the suspects are four Nigerians and a Venezuelan national.

    Ayogu said that the handover was done on behalf of the NNSV Commander, Commodore Ifeanyi Okpala, as directed by the Flag Officer Commanding, Eastern Naval Command, Rear Adm. Ibrahim Dewu.He explained that the arrest was made in relation to the “Operation Dakatar Da Barawo” that was inaugurated by the Navy to fight illegal bunkering and crude oil theft.

    Dewu said the vessel named “Edidion AJ” and the suspects were arrested on July 20, 2022 by men of the NNSV on patrol at the Calabar channel.

    “At the time of the arrest, the vessel had four crew members from Nigeria and a Venezuelan national.

    “The vessel was carrying an unspecified quantity of petroleum product suspected to be illegally refined diesel.

    “We have established the fact that the vessel and her crew are complicit in the crime of economic sabotage.

    “As a result of that, we are here to hand over the vessel and her crew to EFCC for onward investigation and prosecution,” he said.

    Dewu advised members of the public to desist from all forms of criminal activities.

    He vowed that the Navy and other security agencies will not spare anyone involved in criminalities.

    Responding after receiving the vessel and the suspects, Young-Inainfe, lauded the navy for the arrest.

    He said that the synergy between the commission and the Navy had yielded many results in the fight against economic crimes in the country.

    “We are taking over the vessel and the crew members; we can assure you that proper investigation would be carried out on the suspects and justice would be done,” he said.


    NewsSourceCredit: NAN

  •  Thirteen inmates were killed and two others wounded Monday in another bloody fight at a notorious Ecuadorian prison law enforcement officials said Unfortunately the central command reports 13 inmates dead and two injured the South American country s prison authority SNAI said on Twitter The incident took place in the same Bellavista prison in the town of Santo Domingo de los Colorados some 80 kilometers 50 miles from Quito where 44 inmates died in a bloody brawl in May Prison officials aided by the military and police were able to regain control of the facility SNAI said Interior Minister Patricio Carrillo later said at a news conference that current information indicated that the majority of the victims were Venezuelan Local media reported that some prisoners were decapitated or dismembered during the fight Relatives of the inmates waited anxiously outside the prison while images of dismembered bodies reached their cell phones and they were not daunted by the entrance of the ambulances reads a note from the national newspaper El Universo Carrillo said that the primitive act of barbarism indicated the psychological profile of the inmates who participated in the brawl So far 13 bodies have been recovered and a full inspection is being carried out inside the prison he said adding that it was quite likely that more bodies would be found Some 220 inmates escaped from the prison during the May riot but most of them have been recaptured Violent prison riots are common in Ecuador s prisons where drug gangs vie for control of trafficking routes Those rivalries sometimes erupt into grisly violence behind bars with some inmates hacked to death or beheaded with machetes Nestled between the world s largest cocaine producers Colombia and Peru Ecuador has seen a spike in violence attributed to clashes between rival drug gangs The country of 17 7 million people is popular with traffickers because of its porous borders dollarized economy and major seaports for export Prisons are overcrowded with few guards and rampant corruption means inmates can get their hands on all manner of contraband including firearms and explosives Since February 2021 there have been almost a dozen prison massacres in the country some of which have become the worst in Latin America with some 400 inmates killed
    13 inmates die in new fight in Ecuador prison
     Thirteen inmates were killed and two others wounded Monday in another bloody fight at a notorious Ecuadorian prison law enforcement officials said Unfortunately the central command reports 13 inmates dead and two injured the South American country s prison authority SNAI said on Twitter The incident took place in the same Bellavista prison in the town of Santo Domingo de los Colorados some 80 kilometers 50 miles from Quito where 44 inmates died in a bloody brawl in May Prison officials aided by the military and police were able to regain control of the facility SNAI said Interior Minister Patricio Carrillo later said at a news conference that current information indicated that the majority of the victims were Venezuelan Local media reported that some prisoners were decapitated or dismembered during the fight Relatives of the inmates waited anxiously outside the prison while images of dismembered bodies reached their cell phones and they were not daunted by the entrance of the ambulances reads a note from the national newspaper El Universo Carrillo said that the primitive act of barbarism indicated the psychological profile of the inmates who participated in the brawl So far 13 bodies have been recovered and a full inspection is being carried out inside the prison he said adding that it was quite likely that more bodies would be found Some 220 inmates escaped from the prison during the May riot but most of them have been recaptured Violent prison riots are common in Ecuador s prisons where drug gangs vie for control of trafficking routes Those rivalries sometimes erupt into grisly violence behind bars with some inmates hacked to death or beheaded with machetes Nestled between the world s largest cocaine producers Colombia and Peru Ecuador has seen a spike in violence attributed to clashes between rival drug gangs The country of 17 7 million people is popular with traffickers because of its porous borders dollarized economy and major seaports for export Prisons are overcrowded with few guards and rampant corruption means inmates can get their hands on all manner of contraband including firearms and explosives Since February 2021 there have been almost a dozen prison massacres in the country some of which have become the worst in Latin America with some 400 inmates killed
    13 inmates die in new fight in Ecuador prison
    Foreign4 months ago

    13 inmates die in new fight in Ecuador prison

    Thirteen inmates were killed and two others wounded Monday in another bloody fight at a notorious Ecuadorian prison, law enforcement officials said.

    "Unfortunately, the central command reports 13 (inmates) dead and two injured," the South American country's prison authority, SNAI, said on Twitter.

    The incident took place in the same Bellavista prison in the town of Santo Domingo de los Colorados, some 80 kilometers (50 miles) from Quito, where 44 inmates died in a bloody brawl in May.

    Prison officials, aided by the military and police, were able to regain control of the facility, SNAI said.

    Interior Minister Patricio Carrillo later said at a news conference that current information indicated that "the majority" of the victims were Venezuelan.

    Local media reported that some prisoners were decapitated or dismembered during the fight.

    “Relatives of the inmates waited anxiously outside the prison, while images of dismembered bodies reached their cell phones and they were not daunted by the entrance of the ambulances,” reads a note from the national newspaper El Universo.

    Carrillo said that the "primitive act of barbarism" indicated the "psychological profile" of the inmates who participated in the brawl.

    "So far 13 bodies have been recovered and a full inspection is being carried out inside the prison," he said, adding that it was "quite likely" that more bodies would be found.

    Some 220 inmates escaped from the prison during the May riot, but most of them have been recaptured.

    Violent prison riots are common in Ecuador's prisons, where drug gangs vie for control of trafficking routes.

    Those rivalries sometimes erupt into grisly violence behind bars, with some inmates hacked to death or beheaded with machetes.

    Nestled between the world's largest cocaine producers, Colombia and Peru, Ecuador has seen a spike in violence attributed to clashes between rival drug gangs.

    The country of 17.7 million people is popular with traffickers because of its porous borders, dollarized economy and major seaports for export.

    Prisons are overcrowded with few guards, and rampant corruption means inmates can get their hands on all manner of contraband, including firearms and explosives.

    Since February 2021, there have been almost a dozen prison massacres in the country, some of which have become the worst in Latin America, with some 400 inmates killed.

  •  The Organisation of the Petroleum Exporting Countries OPEC says Nigeria s crude oil production increased to an average of 1 238 million barrels per day bpd in June 2022 OPEC made this known in its Oil Market Report for July 2022 which was obtained by the News Agency of Nigeria on Tuesday in Lagos The report said the figure showed an increase of 5 000 barrels per day when compared to the 1 233 million bpd produced averagely in the month of May 2022 According to secondary sources averaged 28 72 mbpd in June 2022 higher by 234 000 barrels per day month on month Crude oil output increased mainly in Saudi Arabia the United Arab Emirates Iran Kuwait and Angola while production in Libya and Venezuela declined the report said The report said despite the improvement in fossil fuel prices the short term economic outlook for Nigeria was clouded by high inflation which had reduced private sector optimism and weakened consumer spending It said in May 2022 the composite Consumer Price Index rose to 17 7 per cent year on year from 16 8 per cent y o y in the previous month In response to the elevated inflationary pressures the Central Bank of Nigeria raised its policy rate by 150 basic points to 13 per cent bringing borrowing costs to the highest since April of 2020 It was the biggest rate hike since July of 2016 amid concerns that persistent inflationary pressures could weigh on the country s fragile recovery Meanwhile the Stanbic IBTC Bank Nigeria Purchasing Manger s Index fell to 50 9 in June of 2022 from 53 9 in the prior month pointing to the weakest improvement in business conditions in Nigeria s private sector since January of 2021 Overall the above average fossil fuel prices support a firmly positive outlook for the rest of the year but concerns over soaring inflation would increase uncertainty next year the report added NewsSourceCredit NAN
    Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
     The Organisation of the Petroleum Exporting Countries OPEC says Nigeria s crude oil production increased to an average of 1 238 million barrels per day bpd in June 2022 OPEC made this known in its Oil Market Report for July 2022 which was obtained by the News Agency of Nigeria on Tuesday in Lagos The report said the figure showed an increase of 5 000 barrels per day when compared to the 1 233 million bpd produced averagely in the month of May 2022 According to secondary sources averaged 28 72 mbpd in June 2022 higher by 234 000 barrels per day month on month Crude oil output increased mainly in Saudi Arabia the United Arab Emirates Iran Kuwait and Angola while production in Libya and Venezuela declined the report said The report said despite the improvement in fossil fuel prices the short term economic outlook for Nigeria was clouded by high inflation which had reduced private sector optimism and weakened consumer spending It said in May 2022 the composite Consumer Price Index rose to 17 7 per cent year on year from 16 8 per cent y o y in the previous month In response to the elevated inflationary pressures the Central Bank of Nigeria raised its policy rate by 150 basic points to 13 per cent bringing borrowing costs to the highest since April of 2020 It was the biggest rate hike since July of 2016 amid concerns that persistent inflationary pressures could weigh on the country s fragile recovery Meanwhile the Stanbic IBTC Bank Nigeria Purchasing Manger s Index fell to 50 9 in June of 2022 from 53 9 in the prior month pointing to the weakest improvement in business conditions in Nigeria s private sector since January of 2021 Overall the above average fossil fuel prices support a firmly positive outlook for the rest of the year but concerns over soaring inflation would increase uncertainty next year the report added NewsSourceCredit NAN
    Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
    General news5 months ago

    Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC

    The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022.

    OPEC made this known in its Oil Market Report for July 2022 which was obtained by the News Agency of Nigeria on Tuesday in Lagos.

    The report said the figure showed an increase of 5,000 barrels per day when compared to the 1.233 million bpd produced averagely in the month of May 2022.

    “According to secondary sources, averaged 28.72 mbpd in June 2022, higher by 234,000 barrels per day month-on-month.

    “Crude oil output increased mainly in Saudi Arabia, the United Arab Emirates, Iran, Kuwait and Angola, while production in Libya and Venezuela declined,” the report said.

    The report said despite the improvement in fossil fuel prices, the short-term economic outlook for Nigeria was clouded by high inflation, which had reduced private sector optimism and weakened consumer spending.

    It said in May 2022, the composite Consumer Price Index rose to 17.7 per cent year-on-year from 16.8 per cent y-o-y in the previous month.

    “In response to the elevated inflationary pressures, the Central Bank of Nigeria raised its policy rate by 150 basic points to 13 per cent bringing borrowing costs to the highest since April of 2020.

    “It was the biggest rate hike since July of 2016 amid concerns that persistent inflationary pressures could weigh on the country’s fragile recovery.

    “Meanwhile, the Stanbic IBTC Bank Nigeria Purchasing Manger’s Index fell to 50.9 in June of 2022 from 53.9 in the prior month, pointing to the weakest improvement in business conditions in Nigeria’s private sector since January of 2021.

    “Overall, the above-average fossil fuel prices support a firmly positive outlook for the rest of the year, but concerns over soaring inflation would increase uncertainty next year,” the report added.

    NewsSourceCredit: NAN

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