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FG Moves To Tackle Food Export Challenges 

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The Ministry of Industry Trade and Investment and the Ministry of Health and Social Welfare have collaborated to tackle irregularities in the food export system.

The collaboration is also expected to encourage efforts to unlock the healthcare value chain for effective transformation.

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, made this known on Wednesday in Abuja.

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Oduwole spoke while receiving the Minister of Health and Social Welfare, Dr. Muhammad Pate, who was on a courtesy visit to her office.

READ ALSO: Why FG’s 2022 Financial Statement Is Delayed – AGF

Also on the courtesy visit was the Director-General, the National Agency for Food and Drug Administration and Control Prof. Mojisola Adeyeye.

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The News Agency of Nigeria reports that the two ministries with their management, met to address some issues on irregularities in the exportation of food, areas on unlocking healthcare, and other important issues.

Pate said that the issues have been lingering between the ministries and needed to be tackled effectively.

He said that the issues were important to the two ministries, adding that the effort was to support President Bola Tinubu in his agenda towards transforming the country.

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“This meeting is bringing two sectors that are ordinarily not closely connected.  But there are specific things that have prompted me to reach out, which has to do with the exportation of food and its regulation. The second element is the role of the regulatory body, NAFDAC, in constraining or enabling the trade that we have across various borders.

“The third issue is the regulatory function links to our efforts to unlock the healthcare value chain. These are issues that have been lingering, and I thought we should use this opportunity to come together since we are all on the same team,” he said.

The minister said that the determination was to ensure that Nigeria achieved greatly in those areas in the long run.

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Oduwole, while responding, said that both ministries would start working on areas of unlocking the healthcare value chain.

She said that the issues were very vital and required effective measures to be tackled.

“I was briefed about the draft policy and medical devices of syringe and needles manufacturing in Nigeria.

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“We have to identify the areas and resolutions, and to identify areas of the ministry’s concern on the draft policy document and were we supposed to emit in further meeting with my ministry.

“The meeting is to discuss how to deliberate on the merit and demerit of the policy, as well as the issues of manufacturing. They are indeed under the eight-point agenda of Mr. President,” she said.

The NAFDAC DG said that Nigerians needed to change their mindsets in the area of the exportation of goods, adding that those regulatory agencies should regulate effectively.

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According to her, the effort will help to avoid the embarrassment of rejection of our goods.

Earlier, the Technical Aide to the Industry, trade, and investment ministry, Temiloluwa Oluokun, mentioned some of the issues lingering in the ministry.

According to him, one of the issues from the regulatory reform programme was the denomination of permit fees in Naira.

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“Some elements of those fees are not denominated in local currency.

“It is good to progressively shift all the fees to the local currency to protect our exporters from exchange rate altogether,” he said.

Oluokun said that another recurring issue that required urgent attention was the timeline for processing certificates and private sector participation.

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“The recommendations are clear to revisit the export regulation 2024 with very wide industry consultation to balance oversight with efficiency altogether,” he said.

The Director, of the Federal Produce Inspectorate Service, Mr. Dafang Sule, appealed to the health ministry to assist in training some officers on the use of equipment to address the persistent pesticide residues in sesame seeds.

NAN reports that after long deliberation, the two ministries agreed that a team would be set up to address the issues discussed.

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They said the team would schedule a meeting soon to check and revisit the issues for final resolution

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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