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RSSDA, RSNC Seek Synergy To Boost Business Opportunities

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As part of government
strategy to diversify the economy by maximising available resources to increase revenue base, the Rivers State Sustainable Development Agency (RSSDA) and the Rivers State Newspaper Corporation (RSNC) have begun exploring viable partnerships to boost business opportunities and accelerate profit inflows.
To this end, the Business Development Units of both Rivers State Government-owned organisations are to initiate engagement sessions to enable experts fine-tune mutually beneficial business collaborations to open windows for enhanced revenue into their financial dragnets.
Executive Director, RSSDA, Larry Pepple, said during a working visit to the RSNC, publishers of The Tide Group of Newspapers, Wednesday that a range of opportunities existed for viable partnerships that could turn around the fortunes of both government business outfits.
The chief executive officer said that at a time when government revenue allocation was grossly dwindling and chronically inadequate to meet ever-increasing needs, departments and agencies of government needed to think out-of-the-box with creative and innovative new ideas to broaden and enliven operational environment in order to open fresh sources to boost internally generated revenue.
Pepple said that in line with the vision of the founding fathers, the commercial printing arm of the corporation should have amassed a large chunk of the bustling business environment, but lamented the dearth of modern equipment to drive profit in a highly competitive climate.
He promised that professionals from RSSDA would work with RSNC staff to ensure that manageable facilities are overhauled and revived while efforts would be made to see how those that require complete replacement may be retooled, particularly the Exercise Book Printing Machine, and the Oldenburg commercial printing machines.
On the near-dormant Goss Rotary Machine, the RSSDA boss said that the agency’s experts would work with The Tide to procure and install the CTTP component of the hi-tech printing machine, so as to set the stage for a whole new era in state-of-the-art printing in Port Harcourt, and directed the Communications Unit of RSSDA to explore strategies to ensure that new printing requirements of the agency are domiciled with the corporation.
In his remarks, General Manager, RSNC, Celestine Ogolo, expressed gratitude to the executive director for the visit and the pledge to partner the corporation with a view to increasing its revenue profile, and assured that his management would synergise with any inward-looking government agency to explore alternative means of boosting revenue sources.
Ogolo pointed out that the corporation could not put the new Rotary Machine to effective use because the  CTTP, a critical component of the facility, which enhances speedy return on investment, was not available, adding that if the CTTP is procured and installed, the corporation would be hub of commercial printing business East of the Niger.
The general manager further said that if the Exercise Book Printing Machine is overhauled and made to respond to the needs of modern environment, the corporation would reposition itself as the epicentre of commercial exercise books printing business and major supplier of the essential need for educational institutions, among others, in Rivers State and beyond.
He also regretted that the corporation could not compete favourably in the competitive commercial printing environment because all printing machines procured by the Alfred Diette-Spiff administration at the inception of the newspaper outfit in 1971, were now obsolete, easily breaking down, and expensive to maintain, adding that with new or rejigged printing machines, business would boom again, and revenue inflow would rebound.

 

Susan Serekara-Nwikhana

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USTR Criticises Nigeria’s Import Ban On Agriculture, Others

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The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the  Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.

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Expert Seeks Cooperative-Driven Investments In Agriculture 

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A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.

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NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

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The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.

King Onunwor

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