President Bola Tinubu, on Friday in Paris, said Nigeria is ready to work with the Republic of Benin towards economic prosperity as both states need each other, especially on trade issues, security and border controls.
“We must recognise the fact that we need each other. We are in a loop and no one should separate us,” Tinubu said when he received the President of Benin Republic, Patrice Talon, after the Summit on New Global Financing Pact.
The President’s Special Adviser on Special Duties, Communication and Strategy, Dele Alake, disclosed this in a statement he signed late Friday titled ‘Africa remains centrepiece of Nigeria’s economic, foreign policy, says President Tinubu in Paris.’
Describing Nigeria’s relations with Benin as that of Siamese twins, joined at the hips, and supported by other friendly countries.
Tinubu assured Talon that his administration will always be open and accessible to all neighbouring countries.
The meeting comes barely 48 hours after the Director of Road Transport in the Ministry of Transportation.
Ibrahim Musa, disclosed that the Federal Government has approved the re-opening of the Seme border for the importation of vehicles.
Seme Border is a settlement in Nigeria on the border with Benin.
He said beyond being a major player in the subregion, Nigeria will sustain its spotlight on African countries as the fulcrum of its policies on the economy and foreign policy.
Noting that trade issues, security, and border controls will be mutually implemented.
Tinubu apprised Talon of his most recent move to improve border controls with the West African state saying;
“I just appointed someone who will work with you as Comptroller-General of Customs, Adewale Bashir Adeniyi, and he will be available for our common interest.”
The President noted that bilateral relations with African countries, particularly at the sub-regional level will be enhanced for shared benefits in areas of security, health, energy, education and diplomacy.
“We are ready to improve relations. Africa has been the centrepiece of Nigeria’s foreign policy.
I believe in Africa. We have the necessity to grow the continent. The world’s economy is wobbling, and Africa has been left behind,” said Tinubu.
He lamented that Africa’s high-risk rating has made it suffer higher interest rates on borrowing.
“We are always classified as high risk. We must work together for systematic recovery and growth,” he added.
Responding, Talon said he was inspired with renewed hope for the sub-region and Africa at the inauguration of President Tinubu in Abuja, pledging to provide support on trade and security policy, especially at the borders.
“We are prepared to work with you, Your Excellency, in implementing policies that will protect our economies at land and sea entries.
Whatever is forbidden in Nigeria will also be forbidden in Benin,” he added.
BREAKING: Fuel Subsidy is Organised Crime – Peter Obi Declares
The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described fuel subsidy as an organised crime.
POLITICS NIGERIA reports that Obi made the statement on Monday while speaking on Arise TV’s ‘The Morning Show’ on what approach he would have taken differently in resolving the looming strike by the Nigeria Labour Congress and Trade Union Congress.
“Fuel subsidy is organised crime. I said it repeatedly that it should be removed,” Obi said. “For me, the approach would have been, is to remove the corruption and criminal side of it and remove the excess demand.”
“By doing this, you would have reduced it by 50 per cent. The remaining 50 per cent is what we would have been able to, after consultation with various stakeholders in order to find a way in an organised manner, remove and show the proceed of the gains of the removal to be invested in critical development areas.”
Obi, the former governor of Anambra State, is known for vocal criticism of the Tinubu-led government, especially in managing public finances. He had pledged to remove fuel subsidy and invest the proceeds in critical development areas, such as education, healthcare, and infrastructure, if elected president.
He lost the 2023 election to President Bola Tinubu
BREAKING: Jubilation across Nigeria as BUA Reduces Price Of Cement To N3,500
One of the major companies in Nigeria, BUA Group , has announced a reduction of ex-factory cement price to N3,500 per bag.
The company, which made this known in a statement on Sunday, said the reduction will take effect from 2 October, 2023.
The statement titled : ‘BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023’, reads in full :
“We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.
As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.
Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.
NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance
Oyetola @69th: Your Adventure is a Remarkable Milestone. – Hon Taiwo Oluga
A member of the 9th Assembly of the House of Representatives, Hon Taiwo Oluga has felicitated with the Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola on his 69th birthday describing his adventure so far as very impactful and remarkable milestone.
In message personally signed by her, the former legislator described Mr Oyetola as a compassionate, humble, urbane and civil democrat-politician, whose cool, calm and collected disposition added tremendous values to his community, his associates and now Nigeria as a country.
Hon Oluga pointed out that the Minister is a man of impeccable character and high integrity,both in private and public spheres as evidenced by accounts of those who had worked with him for over three decades in the insurance sector and about two decades in governance and public service.
The message reads, ” Dear Hon Minister and leader of our party in Osun State, your adventure in the last 69th years and your service in both public and private spheres speak volume of the depth of your character and integrity. As a gentleman with unassuming candour, you achieve unimaginable results in everything you touch. Your are a leader who is indeed worthy of emulation “.
The Frontline politician who represented Ayedaade/Irewole/Isokan Federal Constituency of Osun State also seize the opportunity to express confidence in Oyetola’s capacity to transform the Blue Economy as a pioneer executive of the Ministry, considering his ingenuity in managing Osun State when the state’s finance was at zero level.
“Your pivotal role in advancing policies for sustainable marine and blue economy practices is crucial and I am confident of your commitment to environmental conservation and the development of maritime resources which will contribute significantly to the growth of the marine sector, promoting economic opportunities and safeguarding marine ecosystems.”
Hon Taiwo Oluga praised the minister’s efforts in fostering collaborations with international partners to enhance maritime security and explore avenues for sustainable blue growth, a development which she noted was demonstrated by the Minister’s meeting with Professor Gunter Pauli, the creator of Blue Economy worldwide.
Reflecting on Oyetola’s accomplishments, particularly as the Governor of Osun State, Hon Taiwo Oluga highlighted specific milestones achieved under his leadership, such as the introduction of contractor financing scheme for capital projects, through which the Olaiya flyover was constructed, security of live and property, commerce, workers welfare including regular payment of salary, blocking of revenue loopholes, running a minus federal allocation state without borrowing a dine among others.
Honoring the minister not only for his professional achievements but also for his personal qualities, Hon Oluga applauded Oyetola’s resilience, vision, and dedication to public service.
Hon Taiwo Oluga prayed God to grant Mr Adegboyega Oyetola the grace of good health and wisdom to live a more impactful life in his service to God, to Nigeria, Osun State and mankind in general.
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