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Buhari commits to boosting domestic manufacturers

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President Muhammadu Buhari ‎has assured members of the Manufacturers Association of Nigeria (MAN) that his administration will be removing bottlenecks and create a more business-friendly environment to ensure that citizens embrace Nigerian manufactured goods.‎

‎He said his administration recognises the sector as a major driver of Nigeria’s economic growth because of its immense natural resources and the entrepreneurial spirit of Nigerians.  

The President said this at the 44th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN‎), with the theme “Diversifying the Nigerian Economy: the Role of Government in Manufacturing”‎

The President said his administration was focused on “implementing necessary policies and strategies aimed at unleashing the full potentials of manufacturing in Nigeria. We will rely heavily on your ideas and inputs at all stages of formulation and implementation of new industrial policies. For our part, we will remove bottlenecks and create a more business friendly environment.”‎

Buhari said the nation was indebted to manufacturers for their commitment to invest in the country despite daunting economic challenges. 

“The future of the nation depends on such commitment and the collective desire to build a thriving economy. This Administration remains committed to partnering with you in the task of charting a brighter future for our nation.  Government is very appreciative of your contributions in formulating national economic policies.”

The President described the event as timely, coming at a time when the nation was faced with the urgent need to diversify the economy in the light of the dwindling price of crude oil in the global market. 

“As you know, the dramatic fall in crude oil and other commodity prices has had a serious negative impact on world economies, especially countries like Nigeria which depended on one commodity for its export earnings.

“This Administration is convinced that the key to our quest for economic diversification and therefore survival lies in Agriculture and the Manufacturing sector. A strong manufacturing sector will create more jobs and wealth for our people. It will usher in sustainable economic prosperity because we will produce what we consume as a nation and generate foreign exchange by exporting any surplus.” ‎

He said that the administration’s strategic plan to boost manufacturing activities in the country was supported by the Nigeria Industrial Revolution Plan (NIRP) and the National Enterprises Development Programme (NEDEP).

“We are working on improving the patronage of locally made goods, bridging the gap between skills required by industry and those provided by our educational institutions and access to finance for our Small and Medium-Scale Enterprises (SMEs). We recognise that MAN and the other Organised Private Sector (OPS) groups are our key stakeholders in this journey and we will continue our engagement with you”.

Also at the event, the Chairman of Dangote Group Aliko Dangote decried Nigeria’s policy inconsistency, saying it destabilizes industrial production plans and erodes investor confidence‎.
According to him, although the diversification of the economy has to be private sector led, government at both the national and state levels have a huge role to play in attracting and facilitating long term investments.
He listed some of the key steps needed to include ‎”the articulation of clear sector specific policies along with incentive packages that are commensurate with the risk inherent in each sector. Closely allied to this is the issue of consistent implementation of industrial policies.
“Policy inconsistency destabilizes industrial production plans and erodes investor confidence.  For instance, the suspension of the Negotiable Duty Credit Certificate (NDCC) to exporters and non-payment of existing claims has discouraged non-oil exports and frustrated contracts entered into with overseas buyers.

“More support for small and medium scale manufacturers, since many Nigerian manufacturers are relatively small with limited capital to support their investments. Government has to develop industrial clusters with requisite infrastructure for this category of businesses. They should also have access to soft loans and research & development support. 

“Boosting non-oil exports to bring in much needed foreign exchange, by ratifying and implementing the road-map recently developed the Nigerian Export Promotion Council. 

“Harmonizing the role of various Government regulatory agencies so as to eliminate conflict of roles amongst them.  For instance, the roles of NAFDAC and SON should be properly aligned.

“Developing the infrastructure base of the economy by actively involving the private sector through Public-Private Partnerships (PPP), where viable. Particular attention should be given to transport infrastructure.
“Improving energy supply since no country can industrialize without sufficient and reliable energy to power her factories. 

“Ensuring adequate patronage by Government and her agencies of “Made-in-Nigeria products” so as to galvanize investment in the manufacturing sector.

“Clarification by the CBN on how it intends to monitor and supervise banks to ensure that their recent directive on the allocation of 60 per cent of their transacted forex to manufacturers is complied with.

“The development of appropriate curricula for technical education and skills acquisition

“Reduce or eliminate the incidences of smuggling, adulteration and counterfeiting activities in the country.  Stronger penalties should be meted out to those found culpable of these offences. 

“Domicile the price of natural gas in Naira, in line with the agreement signed with manufacturers so as to avoid unnecessary conflicts. Also the benchmarking of the price of gas to the international oil price should be discontinued.

“The Gas Master Plan should be implemented to ensure adequate allocation of gas for the domestic market.  

“Encourage the establishment of more Development Banks to cater for the credit needs of the industrial sector and reduce interest rate to single digit levels.”
(Source: )

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12-year-old boy kills landlady as condition to be initiated into a cult

Ethiope East Local

A 12-year-old boy, who allegedly robbed and killed his landlady at Abraka, Ethiope East Local Government Area, Delta State, yesterday, was among those paraded for various offences by the state Police Command, yesterday.

 

The state Commissioner of Police, Mr. Zanna Mohammed, who briefed reporters on the arrest of over 60 kidnappers, robbers, murderers, cultists and ritualists in the last three weeks, said the teenager confessed that he committed the act because a cult group told him that one of the conditions for initiation was that he must have been involved in a criminal act.

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Super Falcons striker, Asisat Oshoala, comes to Falz defence with regards to statement about glorifying fraudsters

Asisat Oshoala

Nigerian professional footballer, Asisat Oshoala, who plays as a forward in the Chinese Women’s Super league for Dalian Quanjian F.C., took to her Instagram to express deep concern about how people are now proud to be fraudsters.

 

 

In Falz’ defense, she insisted fraudsters shouldn’t be glorified.

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Foreign

Zimbabwean Church leader in s*x scandal as photos naked photos and sex acts with 33 girls is exposed

Church leader
A Zimbabwean church leader, Nyasha Light Nyatsungo is enmeshed in a sex scandal and might also be facing legal action, after his ex-girlfriend flooded social media with his nude photo.
It was gathered that the Nyatsungo allegedly sent a nude picture of his Cape Town based ex–side chick, Shingi Mavenge, to his other girlfriend only identified as Beula who later broadcasted it on social media.
According to H-Metro, in an apparent fit of rage, Mavenge posted a WhatsApp chat she had with Nyatsungo’s wife identified as Nyasha Nhahumbi as well as a group chat with some of her former lover’s concubines.
According to Mavenge, she has gotten information that Nyatsungo has at least 33 girlfriends and has ditched his wife of eight years.
She adds that Nyatsungo bedded a girl who was their neighbour as well.
Mavenge said that the church leader’s wife revealed that they even consulted their local pastor in Mutare who failed in his attempts to mend Nyatsungo’s ways.
According to H-Metro, Nyatsungo, a married father of two, has denied ever circulating the picture, labelling Mavenge as a bitter woman whom he just flirted with on Facebook and nothing more.
“This Nyasha guy must be stopped in his tracks. He is going to pay for all the damage that he has done to me. He was the only one who had that leaked picture and I am shocked why he would forward it to some other girl,” fumed Mavhenge who is working on taking legal action.
 
“I started dating this guy in 2015 and never knew he was married. He lied.”  fumed Mavenge yesterday.
“That guy is full of lies and at some point, we opened a group chat with his wife and some of his girlfriends. He normally targets single mothers” added Mavenge.
H-Metro was furnished with six other cellphone numbers of his girlfriend that include Fadzai, Mutsa, Essy, Juliana, Barbra among others. Mutsa confirmed she once had a relationship with Nyatsungo have since terminated it since she discovered he was married.
Mavenge confirmed they met once in Johannesburg when she had to fly from Cape Town to meet her man sometime in April.
“That night he didn’t even have money. I had to pay the R800 for the accommodation as he had no money. He wanted to have sex with me but I flatly refused. He even wanted it without protection and I said No. he looked terrible with clothes in a plastic shopping bag. I want to write a letter to Pastor Rex who is the head of (the church) in Harare so that this guy be stopped with his tricks and lies,” added Mavenge.
When contacted over the phone in Mutare Nyatsungo confirmed he knew Mavenge but never had a relationship with her.
“I know her and we once flirted on Facebook. We never had a relationship as she is alleging. I don’t know why she is bitter. I haven’t seen the nude pictures she is talking about but I heard about it from Beula. We live in a democratic country. She can go ahead and sue me if she feels her rights have been infringed upon. All the allegations she is making are false and I don’t know her motive in trying to tarnish my image,” said Nyatsungo.
He said he was still with his wife whose phone rang without response yesterday afternoon. Despite his denials, H-metro was furnished with pictures of Nyatsungo and Mavenge, the time they met in April.

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