US AFRICA COMMAND WARNS AGAINST WITHDRAWING TROOPS FROM THE CONTINENT. (PHOTO).

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 US Africa command warns against withdrawing troops from the continent As the United States under President Donald Trump reassesses its military engagement in various parts of the world, the head of the US Africa Command, has laid out the case for maintaining troops on the continent. General Michael E Langley says USAFRICOM engagement in Africa is crucial for countering threats to the US, while at the same time strengthening partnerships and promoting stability, AP reported. "Africa remains a nexus theatre from which the United States cannot shift its gaze. It is home to terrorists who take advantage of conditions in Africa to grow and export their ideology,” he told the Senate Armed Services Committee. Langley said USAFRICOM was acutely aware that “if ISIS and al-Qaeda groups continue their expansion, they will pose a direct threat to the US homeland”. He said the force works to make informed decision to address challenges and capitalise on identified opportunities. “It is where ...

BILL TO END EXPORTATION OF RAW MATERIALS SCALES SECOND READING IN SENATE. (PHOTO).


 Bill to end exportation of raw materials scales second reading in Senate


A bill seeking to mandate domestic processing of at least 30 per cent of raw materials before exportation has passed its second reading in the Senate. Sponsored by Senator Nwebonyi Peter (APC, Ebonyi North), the bill aims to amend the Raw Materials Research and Development Council Act 2022, introducing provisions for local processing and production protection.


During his lead debate on Tuesday, Senator Nwebonyi highlighted the transformative potential of the bill for Nigeria’s economy. He argued that mandating local processing would boost local manufacturing industries, create jobs for Nigerians, reduce dependence on imports and the demand for foreign exchange. “Promoting local processing to a minimum of 30 percent or more will add value to our economy, particularly to our Naira. It will also encourage innovation within our local industries, leading to a significant increase in domestic production,” he said.


He further noted that the bill, if enacted, would shield Nigerian manufacturers from foreign competition by regulating the importation of raw materials that could be processed locally, fostering a favourable environment for domestic industries to thrive.

In spite of the overwhelming support, Deputy Senate Minority Leader, Sen. Lere Oyewumi, raised concerns about the bill’s practicality, particularly in sectors lacking local processing capacity. Oyewumi said, “There is a need for amendments due to the nature of some products. We assume that all these products should not be exported raw, but what about when there are no companies to process them locally?”


He warned that strict enforcement of the bill could harm local farmers who rely on export markets for raw materials. “We should avoid granting blanket approval, as farmers may incur losses if raw materials cannot be processed locally.” After deliberations, Senate President Godswill Akpabio put the bill to a voice vote where majority of lawmakers voted in favour, allowing the bill to scale its second reading.

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