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US Empowers Nigerian Businesses to Benefit from Its Market Opportunities

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By Gloria Ikibah
The United States Agency for International Development (USAID) and Prosper Africa, a U.S. government Presidential-level national security initiative, in collaboration with the Office of the Vice President of Nigeria and key Nigerian government institutions, has played host to the African Growth and Opportunity Act (AGOA) workshop aimed to empower Nigerian businesses to benefit from U.S. market opportunities.
Naijablitznews.com reports that AGOA is a program that allows eligible countries in sub-Saharan Africa to export 6,800 different products to the United States without paying tariffs or facing limits on the amount they can export.
The two-day workshop, organized in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Nigerian Export Promotion Council (NEPC), provided valuable training to export-ready Nigerian businesses. It focused on businesses in the agriculture, manufacturing, textile, and apparel sectors, and had in attendance customs and trade officials.
Over 200 participants learned about the requirements for benefiting from AGOA, strategies for export growth, and practical guidance on improving the quality and competitiveness of Nigerian exports. They also received practical guidance on navigating the U.S. market, enhancing trade capacity, and the benefits of strengthening trade relations between Nigeria and the United States.
Speaking at the workshop for the apparel and textile sector, USAID Nigeria Mission Director Melissa Jones said, “Diversifying Nigeria’s export base away from crude oil is extremely important if the country is to shield its economy from the volatility it currently suffers. Nigeria is a critical partner in U.S.-Africa trade and this AGOA workshop represents a unique opportunity for Nigerian businesses to increase their presence in the U.S. market.”
U.S. Consul General Will Stevens also urged the participants to take full advantage of the preferential trade benefits under the African Growth and Opportunity Act.  “We remain as committed as ever to the goal of creating the necessary conditions for a long-term, durable trade and investment relationship between the U.S. and Nigeria,” Consul General Stevens added.
The workshop was held in response to a request by the Nigerian government during the Bi-National Commission in April 2024, to train Nigerian businesses on how to effectively utilize and benefit from AGOA.
Prosper Africa coordinates across 17 US government agencies to increase trade and investment between the United States and the African continent, including supporting strategic efforts to increase AGOA utilization at scale. Since June 2019, Prosper Africa, in collaboration across the US government, has closed trade deals valued at $509 million dollars.
The U.S. Government, through Prosper Africa, is also a sponsor of this year’s Lagos Fashion week scheduled for October 23-27.  Prosper Africa works with partners to leverage innovation, technology and collaboration, transforming U.S.-Africa trade and investment into dynamic, sustainable and empowering relationships.
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Cabinet Reshuffle: Why Tinubu Was Silent Over Sack Of Betta Edu – Presidency

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By Kayode Sanni-Arewa

The presidency has dismissed the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, from its cabinet.

The Senior Special Assistant to President Bola Tinubu on Media and Publicity, Temitope Ajayi, confirmed the development in an interview with SaharaReporters on Thursday.

Recall that Edu was suspended in January 2024 over the alleged diversion of more than N585 million in public funds into a personal bank account.

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Tinubu also asked the Economic and Financial Crimes Commission (EFCC) to thoroughly investigate all the ministry’s financial transactions.

The investigation extended to the entire framework of Nigeria’s social investment programmes.

However, Edu has denied any wrongdoing.

Tinubu, in the list of new ministers released on Wednesday, replaced Betta Edu with a former gubernatorial candidate on the platform of the All Progressives Congress (APC), Dr Nentawe Yilwatda.

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However, Tinubu was silent about the replacement as Edu’s name was not among the list of sacked ministers.

Speaking on why Betta Edu was not listed along with the names of other ministers dismissed by President Tinubu, as announced by the Presidency on Wednesday, Ajayi said, “Since the President did not bring her back, it is as clear as it is.

“If she’s not coming back to the cabinet, it means she’s not part of it, especially if you didn’t see her name in the reshuffled cabinet yesterday.

The President has the power to hire and fire, to appoint and reappoint whoever he wants to reappoint. If her name is not there, that means she’s not there. I don’t think there is anything to argue about.”

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APC Leaders in Anambra demand explanation over Bianca’s appointment

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By Kayode Sanni-Arewa

Leaders of the All Progressives Congress (APC) in Anambra State have condemned the appointment of Bianca Ojukwu as a minister-designate, calling it an anti-party action.

They questioned the rationale behind President Bola Tinubu’s decision to appoint Bianca, a member of the Board of Trustees of the All Progressive Grand Alliance (APGA), without consulting APC party members.

During an emergency meeting of party stakeholders in Awka on Thursday, October 24, the APC leaders described the appointment as a gross violation of party loyalty that undermines the morale of their members.

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High Chief Bunty Onuigbo, the South East Zonal Secretary of APC and a member of the APC Elders Forum in Anambra, who spoke on behalf of the stakeholders, said: “This is nothing but an act of anti-party, and it is detrimental. By empowering members of other political parties at the expense of the APC in Anambra State, Mr President is not supporting party loyalty,” he stated.

Onuigbo further questioned the implications of the appointment, asking, “Does Mr President want a mass defection of APC members in Anambra to the All Progressives Grand Alliance (APGA)? Is he indirectly working for APGA in Anambra State?”

He expressed that the situation is both “unheard of and highly demoralising,” lamenting that the leadership in Abuja seems to be enhancing the fortunes of rival parties at the expense of the APC

Of the seven ministers appointed on Wednesday, October 23, Bianca Ojukwu’s appointment has been the most talked about, with Nigerians across various social media accounts debating this move by the president.

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Finally Obasanjo Opens Up On Third Term Ambition, Exposes Actual Sponsors

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By Kayode Sanni-Arewa

Ex- President Olusegun Obasanjo has finally broken his silence on the long-standing controversy surrounding his alleged third-term ambition.

The former President made the disclosure in an interview on News Central which aired on Thursday.

In the interview, Obasanjo denied ever nursing such ambitions, contrary to claims by his former vice president, Atiku Abubakar, and ex-Senate President Ken Nnamani.

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Obasanjo stated that if he had wanted a third term, he would have gotten it. He attributed the rumours to some governors who were secretly working towards extending their own terms in office. These governors believed that if Obasanjo secured a third term, they would also benefit from an extended tenure.

His words: “If I had wanted a third term, I would have gotten it. I didn’t want a third term. I know some governors working for this, believing that if I, as president, got a third, they would also get it.”

Obasanjo revealed that getting debt relief for Nigeria was a far more challenging task than securing a third term. He proudly noted that his administration successfully obtained debt relief for the country, a feat that required diplomatic efforts with countries like France, England, Japan, and the United States.

Atiku Abubakar and Ken Nnamani have both claimed to have played instrumental roles in toppling Obasanjo’s alleged third-term bid.

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Ahead of the 2023 presidential election, Atiku claimed that his connections within the National Assembly enabled him to block Obasanjo’s third-term agenda.

Obasanjo and Atiku served as Nigeria’s president and vice president from 1999 to 2007. However, their relationship went sour when Obasanjo chose not to support Atiku as his successor.

Meanwhile, Nnamani, stated that he had to give up his senatorial ambition to ensure Obasanjo’s third-term bid was defeated. He alleged that lawmakers were offered promises and cash incentives, but he remained committed to preventing the agenda, which ultimately led to his failure to secure re-election in 2007.

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