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Group Harps On Africa Investment Promotion, Industrialisation
The United States Latino American Chamber of Commerce (USLACC) Africa, has advocated making Nigeria and Africa one of the industrialised hubs of the world through investment promotion.
The President of the group, Dr Manolo Cevallos, said this yesterday in Abuja at a one-day African and Foreign Investors Trade Summit (AFRIFITS) for business people and entrepreneurs.
The summit had the theme: “Promotion of African Businesses, Synergy and Match Making Foreign Investors”.
Cevallos, who was represented by Amb. Ifeoma Ejiogu, USLAAC Africa Representative, said AFRIFITS was a creation of USLACC to catalyse Africa’s economic growth.
He said that the central goal was to make Africa one of the world’s hubs of industrialisation.
He said this would be achieved by bringing together foreign investors, Africans in Diaspora, African Business luminaries and friends of Africa to invest in the ‘immeasurable rich resources and opportunities’ that abound in the continent.
“AFRIFITS aims at reforming all sectors of the African economy and accelerating continental and international trade and investment.
“This would be achieved by building durable bridges between foreign business persons and potential business owners in Africa.
“This will solve the decades and centuries long myths that inhibit foreign investment in Africa,” he said.
Cevallos said USLACC, a public investment institute with headquarters in Los Angeles, California U.S., has been promoting bilateral foreign direct investments, infrastructural development and international trade between U.S. and other parts of the world.
The Minister of Foreign Affairs, Mr Geofrey Onyeama, said that Nigeria would continue to play its role as an investment destination in Africa.
Represented by Amb. Bolaji Akimremi, Director, Trade and Economy in the ministry, Onyeama commended USLACC for its efforts at giving industrialisation a new face in Africa.
He pledged, on behalf of the ministry, to continue to ensure that Africa and other countries of the world collaborated in area of investment.
The Vice- Chancellor, University of Abuja, Prof. Abdul Na’Allah, in his remarks promised that the university, as one of the modern universities, was ready to work with foreign investors to turn the university into a tourist centre in Nigeria.
He urged the organisation to carry the university along in its scheme of things.
Na’Allah expressed dissatisfaction at the ongoing strike in the nation’s universities saying it was sad and unpatriotic for Nigerians to allow the universities to be closed.
Sir Mike Okiro, former Inspector General of Police and the Chief Award Presenter, said security situation in any country could discourage investment.
“People invest where there is security of lives; people fear to invest because of insecurity.
“Insecurity has become a global phenomenum, so the issue is how to manage it,” he said.
Okiro called on Nigerians to work together with government and security agencies to fight insecurity in the nation.
The former Governor of old Anambra, Chief Chukwuemeka Ezeife, in his keynote address expressed concern at the level of corruption in the country and called for a change of attitude.
He said that Nigeria was destined for greatness and called for a collective effort to make it great as other nations of the world.
Mr Uche Egenti, Chairman Governing Board, Nigeria Building and Road Research Institute (NBRRI), and Chairman of the Occasion, said the programme was targeted at investment and industrialisation of Africa.
He called on business men and women and entrepreneurs in Nigeria to rise up and contribute toward the socio-economic status of Nigeria and by extension Africa.
“It is time for Africa to be industrialised. Government alone cannot do everything.
“It is time to reason together and develop concepts that would catapult Africa to the world,” Egenti said.
Speaking, Mr Bethran Uzodimma, Chief Executive Officer, Fratello Properties Ltd., and one of award recipients at the programme, expressed gratitude to God for the award.
Uzodimma, on behalf of other recipients, encouraged investors not to lose faith in Nigeria and other African countries with a lot of resources to harvest from and areas to invest in.
“There are great potential in Africa; there is the confidence that Africa would develop as other continents because she has what it takes to be great,” he said.
Presenting the award to Uzodimma, USLACC said Uzodimma was given the award for his philanthropic gestures.
Some of the gestures were building houses for the downtrodden and financing the education of children in his community and beyond.
“Earlier, Mr Daniel Ibrahim, ICT Lead, USLACC Africa, in his review of AFRIFITS said that Africa was on the road to a better tomorrow.
He said the programme was to deliberate on how to improve on the economy of Africa.
According to Ibrahim, the organisation is also in Kenya, Uganda, Togo and Ghana to forge relationships with small and medium enterprises and connect them to the rest of the world.
He said the objectives were for wealth and value creation and business development opportunities enhancement.
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Fubara Attends PDPGF Meeting In Asaba …..Back Court Verdict On National Secretary Position
Rivers State Governor, Sir Siminalayi Fubara, last Friday, attended the Peoples Democratic Party Governors’ Forum (PDP-GF) meeting in Asaba, the Delta State capital.
The Rivers State Governor, who is the Vice Chairman of the PDP Governors’ Forum, attended the meeting, alongside 10 other Governors of the party’s controlled states across the six geopolitical zones of the country.
The first PDPGF meeting in 2025, was held at the Government House in Asaba, at the end of which a seven-point resolution was reached.
Reading the communique at the end of the meeting, the Chairman of the Forum, and Governor of Bauchi State, Senator Bala Mohammed urged the National Working Committee (NWC) to put every machinery in place to ensure a hitch-free NEC meeting on March 13, 2025.
The communique stated:
“The Forum, having examined all the notices required by law to be given to validly convoke NEC, advised NWC to reschedule NEC to the thirteenth (13Th) of March 2025.”
The Forum further noted the Court of Appeal judgment affirming Udeh Okoye as the National Secretary of the party, saying that as a party that believes in the rule of law, it will respect the position of the Appellate Court on the matter.
“The Forum noted with delight the ongoing efforts at resolving the crisis in the National Working Committee, NWC, on the position of the National Secretary, and has reaffirmed its support for the Court of Appeal judgment; consequently, the Forum advised the NWC to set up the machinery for the effective implementation of the court judgment.
“While commending the country’s valiant and patriotic Armed Forces and Security Agencies for maintaining the frontline in securing the country and the gains of our gallant personnel against bandits in parts of the country, the Forum viewed with deep concern, the resurgence of brazen non-state actors. It, therefore, calls for the strengthening of the nation’s security architecture.”
Governors in attendance include: H.E Senator Bala Abdulkadir Mohammed (Bauchi State); H.E Sir Siminalayi Fubara (Rivers State) – Vice Chairman; H.E Rt. Hon. Sheriff Oborevwori (Delta State) – Host; H.E Dr. Agbu Kefas (Taraba State); H.E Rt. Hon. Ahmadu Umaru Fintiri (Adamawa State); and H.E Dr. Dauda Lawal (Zamfara State).
Others are H.E Senator Ademola Adeleke (Osun State); H.E Senator Douye Diri (Bayelsa State); H.E Pastor Umo Eno Ph.D (Akwa Ibom State); H.E Dr. Peter Mbah (Enugu State); H.E Barr. Caleb Mutfwang (Plateau State);
and H.E Bayo Lawal (Deputy Governor, Oyo State), who represented Governor Seyi Makinde.
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NGO Implants Free Pacemakers Into 22 Cardiac Patients In PH
A United States based Non Governmental Organisation, Cardiovascular Education Forum, in collaboration with the University of Port Harcourt Teaching Hospital (UPTH), has successfully implanted free pacemakers into 22 patients with different cardiac cases in Port Harcourt.
This is in a bid to save lives and encourage patients with low heartbeats to live longer.
The implantable device, which costs $20,000 each, was inserted free of charge on the selected patients.
Speaking during a Special Hospital Ground Rounds at the UPTH with its Theme, “Recent Advances in Cardiac Pacing,” a cardiac Physiologist, Dr Neil Grub, said the NGO was in Nigeria to improve training and learning on cardiac issues and help patients with cardiac problems.
Accompanied by a team of experts comprising a cardiologist and cardiac device implanter, Dr Jagdeep Siagh, and UPTH interventional cardiologist, Dr Edafe Emmanuel, Dr Grubb said pacemakers were inserted on patients with low heartbeats to boost their heart rates.
Earlier, the Chief Medical Director, UPTH, Prof Henry Arinze Ugboma, said each of the implantable devices cost over $20,000.
Ugboma, represented by the Chairman, Medical Advisory Committee, UPTH, Prof Datonye Alasia, said the partnership between UPTH and the foreign NGO was to build networks, and improve services in terms of healthcare delivery, training and learning.
According to him, there is now a ray of hope in terms of treatment of patients with cardiovascular cases in the hospital.
He said the UPTH started the collaboration with Cardiovascular Education Forum in 2018 to boost health, training and learning on cardiac health.
He assured that, “in coming years, the scale of our collaboration with the mission will be higher.”
Chinedu Wosu
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FG Unveils National Broadband Alliance To Drive Internet Access
The Federal Government has unveiled the National Broadband Alliance, a new initiative aimed at transforming the nation’s digital infrastructure and boosting connectivity across the country.
The initiative was unveiled yesterday in Lagos by the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, who was represented by the Executive Vice Chairman of the Nigerian Communications Commission, Aminu Maida.
In his address, Tijani stated that NBAN would significantly enhance broadband penetration, which has grown from just six per cent in 2015 to approximately 42 per cent as of October 2024.
To support this agenda, he said the government was leveraging a Special Purpose Vehicle to deploy 90,000 km of fibre backbone across the nation, connecting underserved and rural communities to high-speed internet.
According to him, the initiative aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, which prioritises innovation, technology, and collaboration as key drivers of national prosperity.
Tijani stated that the expansion would not only improve access to reliable broadband but also empower Nigerians, particularly in rural areas.
“While the progress made in broadband penetration is commendable, we recognise that much more needs to be done to ensure every Nigerian can enjoy the benefits of reliable, high-speed internet,” Tijani said.
The minister also emphasised the importance of strategic partnerships with donors, investors, and other key stakeholders in achieving the goals set out in the National Broadband Plan (2020–2025).
He said these collaborations would be essential in overcoming infrastructure development challenges and making broadband affordable and accessible for all Nigerians.
“These targets reflect our unwavering commitment to ensuring that broadband is accessible, affordable, and inclusive for all Nigerians. However, we are also aware of the challenges ahead,” he added.
Tijani stressed that achieving the government’s targets—70 per cent broadband penetration by 2025, a minimum internet speed of 25 Mbps in urban areas, and broadband access for 80 per cent of the population by 2027—will require sustained efforts.
“Achieving these goals will require more than just the efforts of the private sector. It will require a holistic approach that includes strategic partnerships with donors, investors, and other key stakeholders in accelerating the rollout of critical infrastructure,” he said.
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