News
NDFF 2024 Conference To Boost Nigeria’s Blue And Green Economies
The Nigeria Development and Finance Forum (NDFF) has announced that its 2024 Conference aims to further strengthen Nigeria’s economic growth and promote development in the country’s blue and green economies.
Lifestyle Nigeria reports that with the theme “The Road to Economic and Social Welfare Transformation,” the conference is set to bring together leaders from the public, private, social, and international sectors. The high-level gathering is scheduled to take place on May 8-9, 2024, at the Transcorp Hilton in Abuja.
“The overarching aim of the conference is to provide a strong backing for a holistic and transformative reform agenda for the Nigerian economy to foster sustainable economic progress in the country,” Jide Akintunde, Director of NDFF, said in a statement by the Planning Group for the conference. “Besides addressing broader issues of fiscal policy for job creation, revitalising industries and markets, and health and social welfare, we will host two industry-focused sessions on the blue and green economies.”
According to NDFF, the worldwide blue or ocean economy, which encompasses all economic activities related to oceans, seas, and coasts, is valued at around $1.5 trillion per year, and is set to double by 2030 to $3 trillion.
“Among the recent impetuses for higher growth prospects of the Nigerian blue economy is the creation of the Federal Ministry of Marine and Blue Economy and the extension of the Nigerian seaward continental boundaries from 200 to 220 nautical miles by the United Nations’ Commission on the Limits of the Continental Shelf,” NDFF said, adding that “the Nigerian blue economy still requires more policy support, market frameworks, and investments to deliver on the prospects of the sector. The conference will, therefore,bring stakeholders together to address the challenges and provide insights for harnessing the growth opportunities in the sector.”
NDFF said it is also showcasing the Nigerian green economy, with the aim of boosting investment for the nation’s sustainable development.
“The focus of green growth strategies is ensuring that natural assets can deliver their full economic potentials on a sustainable basis,” said NDFF. “Given the opportunities in tech, agriculture, manufacturing, power, and transportation, etc., Nigeria’s sustainable investment opportunities has been valued at $100 billion annually. Our high-level panel of experts will discuss how to unlock the investment potentials.”
In an earlier statement, Akintunde had noted that the conference is strategically timed to hold close to the first anniversary of the President Bola Ahmed Tinubu administration to provide a structured interface between policymakers, industry leaders, civil society leaders, academics, and leaders of international institutions to maximise the positive impact of economic reform.
Politics
Calmer Waters Ahead? Rivers Candidate Fubara Foresees Resolution of Political Disputes
Latest Politics updatein nigeria
Rivers State Governor, Siminalayi Fubara, has said that the pressure mounted by the political crisis in the state has been weathered sufficiently, giving way for his administration to provide focused leadership and governance to the people.
Fubara made the assertion when he hosted on a courtesy visit, members of the House of Representatives Committee on Public Petitions, led by its Chairman, Mike Etaba, at Government House in Port Harcourt on Saturday.
This was contained in a statement issued on Sunday by the governor’s Chief Press Secretary, Nelson Chukwudi.
The governor declared that as long as his administration and the Rivers people he is leading are concerned, there is no more political issue of note.
Referring to a movie he had seen a long time ago, Fubara explained how the pressure from the unwarranted political crisis served as an enabler to strengthen his commitment to service that is now impacting lives positively.
He stated, “As far as we are concerned, there are no political issues. I had seen a movie many years ago, entitled, ‘Devil’s Advocate.’ I believe some of you must have seen that movie too.
Politics
Wike, 36 Govs Sued by SERAP Over Alleged Failure to Account for N5.9trn, $4.6bn Loans
Latest Politics updatein nigeria
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the governors of the 36 states of the Federation, and the Minister of the Federal Capital Territory, Nyesom Wike, over their failure to account for, and publish the agreements of the N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, respectively.
The suit, numbered FHC/ABJ/CS/592/2024 was filed on Friday on behalf of SERAP by its lawyers – Kolawole Oluwadare, Kehinde Oyewumi and Valentina Adegoke, at the Federal High Court, Abuja.
The statement, which was made available to the media on Sunday, asked the court to “direct and compel the governors and Mr. Wike to account for N5.9trn and $4.6bn loans obtained by their states and the FCT and to publish copies of the loan agreements, location of projects executed with the loans.”
The suit is a sequel to SERAP’s demand which was addressed to the 37 respondents in a statement issued by the organisation’s Deputy Director, Kolawole Oluwadare on March 31, 2024.
In the statement, SERAP urged the court to “direct and compel the governors and Mr. Wike to invite the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission to investigate the spending of all the loans obtained to date by their states and the FCT.”
SERAP is arguing that “it is in the public interest to grant the reliefs sought. Nigerians have the right to see and scrutinise the loan agreements and know the details of how the domestic and external loans obtained by the governors and FCT minister are spent.
News
Mohbad’s PA, Interrogated by Police Over Late Singer’s Embalment – Lifestyle Nigeria
The Nigeria Police Force has interrogated Darosha, the personal assistant to the late singer Mohbad, over the controversial embalment of the deceased.
According to Punch Newspapers, Darosha was invited to the Zone 2 Command headquarters on Thursday, where he was questioned in the presence of Mohbad’s parents.
The police investigation is in response to a petition filed by Emmanuel Oroko of Hillceetee Partners on behalf of Mohbad’s father. The petition alleges that Mohbad’s body was embalmed without authorization from his family or a death certificate from a medical practitioner.
During the interrogation, Darosha named those present when the deceased was embalmed, and the police have invited them for further questioning. The embalment was said to have violated the Coroner’s System Law 2007, which prohibits tampering with a dead body without proper authorization.
Mohbad’s father had earlier alleged that his son’s body was already embalmed and placed by the staircase when he arrived at the deceased’s home on the day of his death. He has called on the police to intensify their investigation to unravel the cause of his son’s death.
The police investigation is ongoing, and those mentioned in Darosha’s statement are expected to appear before the investigation panel to shed more light on the circumstances surrounding Mohbad’s death and embalmment.
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