In the just concluded week, President Muhammadu Buhari listed nine priority areas his administration would focus on in the next three years of his tenure which would showcase Nigeria as a choice investment destination for all investors, especially foreign direct investors.
President Buhari’s focal areas include: build a thriving and sustainable economy; enhance social inclusion and reduce poverty; enlarge agricultural output for food security and export; attain energy sufficiency in power and petroleum products and expand transport and other infrastructural development; expand business growth, entrepreneurship and industrialization; expand access to education, affordable healthcare and productivity; build a system to fight corruption, improve governance and create social cohesion; and improve security for all.
According to the President, who received letters of credence from ambassadors of eight countries in the course of the week, the priority mandates would also serve as guide to formulating the right domestic and foreign policies which would ensure national development.
In another development, the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu reportedly announced that all the regional security outfit including the Western Nigeria Security Network aka “Operation Amotekun “will be run in accordance with the structure and functionality so defined by the Inspector General of Police, in order to have a single-type structure of community policing.
The bid to regulate Operation Amotekun by the Federal Government was rejected by the South-western governors as they stated that the law passed by various Houses of Assembly in the region had already specified the structure, functions and other major areas which would ensure the smooth running of the regional security outfit.
HEADLINES YOU MIGHT HAVE MISSED FROM BRAND SPUR
Nigeria Rugby Union signs kit sponsorship deal with BLK Sports
British Apparel Company BLK Sport and The Nigeria Rugby Football Federation (NRFF) have signed an exclusive long-term kit sponsorship/partnership deal aligning with the Company’s global strategy.
Apple reportedly bought VR startup Spaces, the tech giant’s eighth disclosed acquisition of the year. We discuss Apple’s moves in the VR space — including a patent for reducing motion sickness while working virtually in a vehicle.
FOREX MARKET: Naira stabilises against Greenback as CBN moves to boost liquidity
In the just concluded week, Naira appreciated against the USD at the Investors and Exporters FX Window (I&E FXW) by 0.09% to close at 385.67/USD.
IITA invests in development and implementation of seed yam certification system in Nigeria
IITA renovated and equipped the diagnostic laboratory of the National Agricultural Seed Council (NASC) at their headquarter in Sheda, Abuja, with equipment worth $100,000 for seed quality control and Seed Tracker e-certification system. A PCR for DNA amplification and other laboratory equipment will allow technicians of the seed regulatory agency to conduct diagnostics and seed quality testing in line with the amended existing standards for seed yam.
In line with its continuous commitment to youth development in Nigeria, MTN Foundation, the CSR arm of Nigeria’s leading ICT company, MTN Nigeria, has engaged leading minds in the Nigerian entertainment and media industry for this year’s edition of MTN’s Business of the Art Series.
LASCODA trains youths on commercial coconut oil processing
The Lagos State Government has embarked on the training of youths and women on commercial Coconut Oil processing at the Farm Service Centre, Oko-Oba, Agege as part of efforts towards Making Lagos State a 21st Century Economy.
Lessons we need to learn about record labels moving into African music
If we are not careful, we are in the beginning of the creativity of African music and artistry being captured and abused by the American corporate system?
