Connect with us

Business

‘We’re Not Highest Paid In Nigeria’

Published

on

A member of the House of Representatives, Mr Zakari Mohammed, says members of the National Assembly are not the highest paid political office holders in Nigeria.
Mohammed, who represents Baruten/Kaiama Federal Constituency, in Kwara State also denied that, the legislators pay was a guarded secret.
“ The public perception of the National Assembly is in sharp contrast to the reality on the ground as far as the lawmakers take-home and other allowances are concerned,” he told the The Tide source recently.
According to him, chief executives of federal agencies earn more salary than National Assembly members.
“I can tell you that a Director-General of a Federal agency is far and above better than a member of parliament in terms of what he takes home in terms of perks of office.
“Whatever a legislature does, is within the limit of his allowances and the salary that he takes.
“Whatever we do is within the income, we don’t award contracts, we don’t execute projects.”
Mohammed, however, advocated regular interface between the National Assembly and the public to address what he termed as current erroneous perception on the matter.
“So for me, I believe it is a mindset and it is going to take sometime to get it off Nigerian’s heads, and I believe a regular interface with the public will change the psyche with time.”
The lawmaker noted that, the legislature had been painted in bad light since the inception of the fourth republic.
“The National Assembly since 1999, has been living with image issue and of course, I’m saying it without any fear of contradiction that it was caused by the then President (Olusegun) Obasanjo.
“To me, it is matter of psyche. Nigeria must get it out of them that legislature is being painted in the kind of light that it is not supposed to be, because I have been a member of the House and know exactly what they are doing”, he said.
The former House spokesman cautioned Governor Nasir El-Rufai of Kaduna State, against casting aspersions on the National Assembly.
He said, the governor had taken the path of demonising the National Assembly because of ‘‘individual inclination’’ and his grouse with some lawmakers representing his state.
Mohammed described the governor’s recent outburst over the National Assembly budget as ‘‘hypocritical’’.
On his governorship ambition in 2019, the former commissioner said that, he had the right credentials for the position.
He however acknowledged that Senate President, Bukola Saraki, would have the last say as to “who becomes what” in Kwara State.
According to him, Saraki is the head of the existing political structure in the state.
“I want to say, we have a leadership in Kwara State, we have a pattern, we have a tradition, a practice through which leaders or through those who govern us emerge.
“So, as a member of that political family, I believe that when the time comes, the appropriate measure would be applied and at the end of the day the verdict of the leader will definitely be what we will abide by,” he said.

Continue Reading

Business

USTR Criticises Nigeria’s Import Ban On Agriculture, Others

Published

on

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.

Continue Reading

Business

Expert Seeks Cooperative-Driven Investments In Agriculture 

Published

on

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.

Continue Reading

Business

NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

Published

on

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

Continue Reading

Trending