Aso Villa Reads for Tuesday, Mar. 30, 2021

Every day, we bring you the best stories that the Media is reporting about the Government of Nigeria

Minister of Industry, Trade and Investment (MITI), Otunba Niyi Adebayo, officially flagged off the Federal Government’s N50billion Export Expansion Facility Programme (EEFP) and launched the first on-line Grant Management Portal (GMP) for non-oil exports at Export House, Abuja. He was joined by the Governor of Jigawa State, Alhaji Mohammed Badaru, who is also the Chairman, National Executive Council (NEC) of the National Committee for Export Promotion. Also at the ground-breaking event was the Minister of State for MITI, Mrs. Mariam Yalwaji Katagum, Members of House Committee on Commerce, Chairman, Nigerian Export Promotion Council (NEPC) Governing Board, Vice Chairman Steering Committee of the Export Expansion Facility Programme, and their host, the Executive Director /CEO, NEPC Mr Olusegun Awolowo.[Vanguard]

The Minister of Mines and Steel Development, Arc Olamilekan Adegbite, assured that Federal Government’s mining projects across the six geopolitical zones will galvanize the solid minerals sector towards boosting the growth of the nation’s Gross Domestic Product, GDP, as they boost the economy. Adegbite gave the assurance about the Ministry’s activities while explaining the essence of the projects. According to him, the projects will increase revenue generation in the sector and fast-track diversification of the economy, thereby, cushioning the negative effects of the COVID-19 pandemic on businesses by giving priorities to minerals where each of the geopolitical zones has a comparative advantage. [Vanguard]

The National Malaria Elimination Programme (NMEP) says it will reduce malaria prevalence from 23 per cent to zero per cent through action and review of Advocacy Communication and Social Mobilisation guidelines (ACSM). Mr Ogunbi Temitope, the Technical Advisor Malaria, Breakthrough Action Nigeria (BAN), shared the plan with Newsmen. According to him, the guideline is a document that gives details of the planning, coordination and implementation of ACSM activities that guide increasing awareness about malaria and developing activities that will help to increase demand for malaria products and services. [Vanguard]

The Minister of State, Federal Ministry of Industry, Trade and Investment, Mrs. Maryam Yalwaji Katagum, has said the Federal Executive Council (FEC) has approved the revised National Policy on Micro, Small and Medium Enterprises (MSMES) which provides the framework to resolve the challenges faced by the sub-sector. The minister said the revised policy which accommodates key changes that have occurred in the national and international socio-economic scene, was a product of deep and wide consultations with critical stakeholders across the country such as MSMEs operators, policy makers, academics/researches and development partners, both local and international. [This Day]

The federal government has said efforts were being intensified to establish a trade remedy authority that will be responsible for the enforcement of rules of origin and tightening of borders against fraudulent invoicing. It stated that this was part of government’s efforts to ensure a successful implementation of the African Continental Free Trade (AfCFTA) Agreement. The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, disclosed this.[This Day]

The Nigerian National Petroleum Corporation (NNPC) has said it recorded an increase of 80.12 percent in trading surplus for the month of December 2020 which stands at ₦24.19billion compared to the ₦13.43billion surplus recorded in November 2020. This is contained in the December 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR). Trading surplus or trading deficit is derived after deduction of the expenditure profile from revenue in the period under review.[Business Day Pg21]

The Nigerian Maritime Administration and Safety Agency (NIMASA) said it has taken delivery of special Mission Helicopters, which is part of the remaining assets of Deep Blue Projects that seeks to make Nigerian waters safe and secure for shipping businesses to thrive. Bashir Jimoh, director of NIMASA, who announced the arrival of the long awaited asset disclosed. [Business Day Pg1]

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store