PRESIDENT TINUBU RECEIVES PRESIDENT BASSIROU FAYE OF SENEGAL, SAYS WEST AFRICA MUST WORK IN UNISON TO DEFEAT TERRORISM, HUMAN TRAFFICKING. (PHOTOS). #PRESS RELEASE.

-
Image
 STATE HOUSE PRESS RELEASE  PRESIDENT TINUBU RECEIVES PRESIDENT BASSIROU FAYE OF SENEGAL, SAYS WEST AFRICA MUST WORK IN UNISON TO DEFEAT TERRORISM, HUMAN TRAFFICKING  President Bola Tinubu on Thursday received President Bassirou Diomaye Faye of Senegal and called for an alignment of purpose and structure in West Africa to effectively address the challenges confronting the region.  Speaking during a meeting with the Senegalese President at the State House, President Tinubu said West Africa must work together to defeat the hydra-headed problems of terrorism, banditry, human trafficking and poverty. He advised that leaders in the region must make the people the point of convergence in governance, noting that the essence of democracy is lost when the people are not the focal point. The President emphasized that democratic governance, democratic values, and constitutional order are sacrosanct and must be protected. He also stated that critical institutions and precepts, like the judiciary a
Post a Comment

NIGERIA-INDIA JOINT TRADE MEETING HOLDS IN ABUJA. (PHOTOS). #PRESS RELEASE.

-


 Press Release

 

Nigeria -India Joint trade meeting holds in Abuja.

 

Nigeria and India are holding a joint trade summit today in Abuja to improve their bilateral ties and ease commerce.

At the opening ceremony, Ambassador Nura Abba Rimi, Permanent Secretary Federal Ministry of Industry, Trade, and Investment, welcomed delegations from both countries and stated that the joint meeting was called to strengthen the existing bilateral trade and investment relations between the two countries.

He said the joint bilateral meeting will focus on key priority areas with the “aim of reviewing the development and expansion of economic relations as well as exploring the possibilities of increasing and diversifying trade.”

Ambassador Rimi acknowledged the increasing volume of trade between Nigeria and India saying, “India is the largest trading partner of Nigeria in Asia especially, Nigeria’s petroleum products (which is a total of 12% India’s crude requirements) while Nigeria is ranked 4th largest importer from India with a value of USD 8.78 B according to the 2022 annual foreign Trade report.”

The Permanent Secretary assured the Indian delegation that Government is committed to facilitating a conducive environment for Trade and investment where both Nigerian and her foreign partners, including Indian businesses, can thrive. This is why the Federal Executive Council (FEC) in March 2022 approved the Trade policy action plan (2022-2026) followed by the inauguration of trade policy of Nigeria review Committee (TPNRC) enhance service delivery in a manner that will stimulate the growth of the domestic Economy through Industrialisation, Trade, and Investment.

Ambassador Abba Rimi said the invitation and subsequent participation of Nigeria President at the G20 Summit in India was a great milestone that led to the country securing pledges worth $14 billion in investment. This significant commitment further strengthens the bilateral ties between the two nations, adding, “Out of the $14 billion promised President Tinubu (during his to the G20 summit in September 2023) as an investment into the Nigerian economy, $7 billion has already been signed immediately after the visit, in January 2024.” 

The lead negotiator of the Indian delegation Amardeep Singh Bhatia, Additional Secretary Department of Commerce Ministry of Commerce and Industry, Government of India, expressed great optimism in anticipation of the successful outcome of the joint meeting.

According to him, "India and Nigeria have strong and historical relations." Our bilateral connections, which date back before Nigeria's independence, have been nurtured by both countries' leaders, he noted.

He stated that India is eager to invest more in Nigeria, stating, "We are here to explore bilateral relations between the two countries to stimulate trade and investment, especially in the non-oil sectors of pharmaceuticals, agriculture, and mining."

Ambassador Balasubramanian, India's High Commissioner to Nigeria, emphasised the two countries' strong and growing economic and trade connections. Nigeria currently hosts about 150 Indian enterprises, with a total investment of $27 billion, largely in the manufacturing sector.

The envoy stated that bilateral trade between the two countries has totaled $14.95 billion in the formal sector and around $5 billion in the informal sector during the last two years.

Over the past few years, Nigeria and India have continuously had constructive engagements. The first joint Meeting held in India in December 2019. This enabled both countries to review the economic ties on Trade and Investment, which eventually shored up increased volume of trade and more robust bilateral relations between the two countries. Ends.

                                                             

Adebayo Thomas

Director Information & Public Relations

29/04/2024..

More photos below. 



Comments

Post a Comment

Popular posts from this blog

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misconce
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

PUNISH MY ABUSERS WITHIN 48 HOURS OR FACE LAWSUIT- STUDENT BULLIED BY HER CLASSMATES THREATEN SCHOOL AUTHORITIES. (PHOTO).

-
Image
 Punish my abusers within 48 hours or face lawsuit - Student bullied by her classmates threaten school authorities The bullied student of British Lead International School, Miss. Namtira Bwala has threatened to file a lawsuit against the school authorities if her abusers are not punished within 48 hours. In a letter drafted by her lawyers, Deji Adeyanju and Co, Namtira asked the school authorities to immediately investigate and pronounce the stiffest punishments in the student’s rule book on Ms.Maryam Hassan, Miss Faliya, and nine other students who bullied her. Namtira said if the school authorities fail to sanction the student bullies within 48 hours of the receipt of the letter, she would seek immediate and severe legal redress against the school. The letter reads “We are Solicitors to Miss. Namtira Bwala (acting through her next friend), hereinafter referred to as our client, on whose instruction we act. Our client and several other parents in Lead British International School have
Read more