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Economic crisis: NASS to support manufacturing industry in Nigeria – Akpabio
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President of the Senate, Godswill Akpabio has said the 10th National Assembly will support the manufacturing industry in Nigeria to succeed.
Akpabio made the pledge on Wednesday when the Executive of the Manufacturers Association of Nigeria, MAN, paid him a courtesy visit in his office.
The Senate President identified the plight of the manufacturers as a result of the economic situation in the country and praised them for their resilience.
He explained to his guests the collaborative efforts of the National Assembly with the executive arm of government to turn things around, particularly in the areas of security and economy.
Akpabio said: “We welcome any formal communications to make your work easier, to legislate on issues that affect you, in order to ensure that you improve on what you are doing.
“You don’t need to even mention the fact that the current power situation has adversely affected the manufacturers in the country.
“You don’t need to mention the fact that the inflation rate has affected you seriously.
“You don’t need to mention the fact that the fluctuating foreign exchange rate has affected you seriously. Then the issue of pricing comes in. When you have to manufacture at a very high cost, it means that the price to the consumers also has to increase. And then of course, with the low earning capacity of Nigerians, you may end up having products that are overpriced. That can also affect your expansion.
“So let me commend the Manufacturers Association of Nigeria and by implication the Council members that in spite of the difficult times, you have managed to sustain this association.
“There is no need to overstate the fact that whatever this Senate or National Assembly as a whole can do to assist you, we will do so.
“We look forward to working closely with you, removing the bottlenecks and supporting you in order to make the industry flourish.
“On behalf of the Senate and the National Assembly as a whole, we assure you of our total support. You need to continue to do what you are doing to create employment opportunities for our people and also make products available for Nigerians at affordable cost and that involves also the issue of improvement in power, availability and right pricing for gas.”
Earlier, the President of MAN, Otunba Francis Meshioye, who led the delegation, said the visit was to discuss the current state of the manufacturing sector and collaborate on identifying areas where legislative support was crucial for manufacturers to effectively fulfil their long standing roles in employment and wealth creation.
Iran’s foreign ministry on Monday said it was not currently involved in negotiations with the United States, despite a halt in recent fighting between the two sides.
“Mediators may convey messages from the American side to us regarding current developments in the region. But at present, we are not engaged in any negotiations with the United States,” ministry spokesman Esmaeil Baqaei said at a weekly press briefing.
“Claims that Iran has requested negotiations are fabrications that the other side circulates from time to time,” he added.
Hostilities resumed between Iran and the United States earlier this month after diplomatic efforts collapsed amid an impasse regarding the Strait of Hormuz.
Fighting has nonetheless paused since early Saturday, following 13 days of exchanges of fire between the two sides.
Baqaei criticised the United States, saying its conduct in recent years has “resembled that of a mafia gang that adheres to no rules or laws”.
“So long as such behaviour by the United States continues, we cannot be hopeful about the emergence of a reasonable process,” he added.
Iran insists on retaining control over the management of the Strait of Hormuz, including the collection of service fees, while keeping Oman involved as a coastal state.
Iran’s Revolutionary Guards have turned back multiple vessels in recent days, including six earlier on Monday, that attempted to transit the strait outside the route designated by the Islamic republic.
On Monday, Baqaei reiterated that Washington had nothing to do with recent talks with Oman over the administration of the Strait of Hormuz.
“These talks have no connection with the United States. They are a bilateral matter between Iran and Oman, and they are continuing,” Baqaei said, adding that the waterway “remains closed”.
The Kebbi State Police Command has confirmed the abduction of
a Kebbi State High Court judge, Justice Faruku Hassan Bunza after suspected Bandits invaded his residence in Bunza Local Government Area.
Confirming the abduction, the State Police spokesperson, SP Bashir Usman, said the judge was taken from his residence around midnight.
“I can confirm that Hon. Justice Faruku Hassan Bunza was abducted from his residence in Bunza around midnight,” Usman said.
He disclosed that the Commissioner of Police, CP Umar Muhammad Hadejia, had immediately deployed tactical and intelligence teams to track the abductors and rescue the judge.
“Our personnel are combing identified locations, including forest hideouts, to ensure that the judge is rescued alive and unharmed,” the police spokesperson said.
NATIONAL WAVES learnt that the gunmen stormed the judge’s home along Zogirma Road at about 12:00 a.m. on Sunday, shortly after he returned from a trip to Sokoto State.
The attackers fired sporadically into the air before whisking the judge away. No member of his household was kidnapped or molested during the operation. He had just returned from Sokoto when the gunmen invaded his residence and abducted him,” a source squealed
A family member who craved for anonymity said “Immediately the incident happened, we alerted the relevant authorities, including the leadership of the High Court,”
News
Confusion in Anambra as students feared trapped in private hostel near Oko Polytechnic collapses
A three-storey private hostel warehousing students of Federal Polytechnic Oko has collapsed in Amokpala, Oko, in Orumba North Local Government Area of Anambra State, leaving a yet-to-be-identified number of occupants trapped beneath the rubble.
The building, identified as Elite Five Star Lodge, reportedly caved in late Sunday night.
The collapse of the hostel located near Tonimas Filling Station in the Oko Polytechnic community sparked panic among residents and students as cries for help were reportedly heard from beneath the debris.
Emergency responders launched rescue operations, with personnel from the Anambra State Police Command, the Anambra State Fire Service, the Anambra State Emergency Management Agency (SEMA), and other security and emergency agencies deployed to the scene.
Several injured victims have so far been rescued from the collapsed structure and taken to a hospital in Oko for medical treatment.
Search-and-rescue teams, however, continue efforts to reach other occupants believed to be trapped under the debris.
Authorities said the exact number of casualties and those trapped could not be immediately confirmed, as rescue operations were still ongoing at the time of filing this report.
Confirming the incident, the spokesperson for the Anambra State Police Command, SP Tochukwu Ikenga, said a police-led joint security team swiftly secured the area and coordinated emergency response efforts to prevent further loss of life.
Ikenga urged residents to remain calm, refrain from spreading unverified information, and stay away from the scene to allow rescue workers unhindered access to carry out their operations.
He added that the police command would provide further updates as more verified information becomes available.
We don’t have current negotiations with US — Iran
Police Finally Confirm Abduction Of Kebbi High Court Judge By Bandits
Confusion in Anambra as students feared trapped in private hostel near Oko Polytechnic collapses
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