Business
RSG Tasks Hoteliers, Businessmen On NAFEST 2018
The Rivers State Government has called on hoteliers, fun spots and other business owners operating in the state to key into the forthcoming National Festival for Arts and Culture (NAFEST) 2018 billed to kick off in Port Harcourt, this weekend.
The State Commissioner for Information, Barrister Emma Okah, who made the call in Port Harcourt said the event has been scheduled between 20th and 27th of October, this year.
Okah who is also the Chairman, Publicity and Media Sub-Committee, NAFEST Rivers 2018, stated that despite stiff interests from other states in the country to host the event, Rivers was able show a more impressive record and capacity to be able to once again host this year’s edition of the arts and culture festival.
He said, “This is the second time Rivers State will be hosting this event. It has become very interesting at this time, particularly in 2018 to look at the competition and the stiff desires by other states in the country to host the event.
“But at the end of the day, Rivers State was able to show a better impressive record and capacity to be able to host the nation in the festival for arts and culture 2018. So that is a good one for the people of Rivers State”.
The Commissioner further said that the state government has put everything in place to ensure comfort, the safety and the success of the event, saying the state was putting finishing touches to preparations and plans as the event draws closer.
“As a matter of fact, we just hosted the National Convention of the Peoples’ Democratic Party, PDP and the economic significance and good image it gave to Rivers State cannot be quantified in terms of money.
“So, we are happy that the people keyed into the economic activities that came with that convention. So, in the same way we are calling on the people of Rivers State especially those who own hotels, those who run social outfits, night clubs, bars, restaurants, pleasure parks and all sorts to get ready again and key into this National Festival for Arts and Culture which will host all contingents from the various States from the Federal Republic of Nigeria, including Abuja.
“So, it is a huge challenge. It is also a very fantastic opportunity to tell Nigerians once again that we are Rivers State and we are different and we have capacity to host them,” Okah said.
The commissioner noted that aside promoting the arts and culture of Rivers State, the event would also enhance national cohesion, inclusiveness and an accommodating spirit which the NAFEST brings to bare on the people of the Federal Republic, saying, “it is difficult for anybody to write it off as not very important.”
“You never can tell where this takes us to outside the shores of Nigeria. So, it is as important as any other segment of our life as a people and as a state”.
He expressed happiness that practically every ethnic group and every Local Government in the state has something of great significance that any tourist would like to see, such as the King Jaja of Opobo Palace and Monuments and the first Anglican Church in Bonny and so on, adding that Team Rivers was already gearing up to clinch the Gold Medal at the week-long event.
“We (Rivers State) have rich food which we can showcase to other parts of the country and be proud of to do so. We have very formidable costume and cultural identification that are unique to the people of Rivers State and that is our pride and heritage that we shall be showcasing to the world.
“Everybody is given the opportunity to participate. Local entertainers are also in the same bracket. They have opportunity to participate and showcase what they can do. I know as it were that the ‘Team Rivers’ which is the umbrella body that is packaging what Rivers State will be showcasing to the world is an amalgamation of different talents and people who have something to showcase to the world in terms of arts and culture. So, anybody who has what it takes to be different is given the opportunity to do so,” Okah said.
Dennis Naku
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
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.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
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.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
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.
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