News
ICC welcomes reappointment of WTO head
International Chamber of Commerce (ICC) has welcomed the reappointment of Dr Ngozi Okonjo-Iweala, as Director-General of the World Trade Organization (WTO).
ICC Secretary General John W.H Denton said: “On behalf of ICC’s global network of over 45 million comapnies in more than 170 countries, we warmly welcome the appointment of Ngozi Okonjo-Iweala to serve a second term as Director-General of the World Trade Organization.
“Dr Ngozi has shown immense leadership in championing multilateral cooperation through a particularly challenging period for world trade — not least the fall out from the Covid-19 pandemic.
“Retaining broad based support for the WTO will clearly be vital in the years ahead. We look forward to working with the Director- General to this end — simply put, no economy will benefit from an erosion of the multilateral trade system.
“We also see an opportunity to advance pragmatic solutions through the WTO to address common trade frictions — including through coalitions of the willing where necessary.
“Action to bring greater transparency to industrial policies, enable cross-border data flows and unlock synergies between trade and sustainability objectives will be particular priorities for the global business community.”
News
FG to reopen Enugu–Onitsha expressway March 31
Once regarded as one of the region’s most dangerous highways, the Enugu–Onitsha Road had long been plagued by tanker explosions, fatal accidents, and economic disruptions. Umahi said decisive intervention by the Tinubu administration has changed the trajectory.
The federal government directed that the Enugu–Onitsha Expressway be reopened for public use on or before March 31.
Minister of Works, Senator David Umahi, declared during an inspection of ongoing projects in Enugu, including the Enugu–Onitsha Expressway and the Eke-Obinagu Flyover.
Umahi said :
“I have given the controller the authority. By the 31st or before, he should call the press to open this road.
Call the people of South-East, let them know that this road is open for travel, and that will be our Easter celebration.”
Umahi expressed confidence that the era of frequent fatal accidents, endless traffic, and public frustration along the expressway is coming to an end.
“I’m going around the six geopolitical zones assessing what is possibly to be commissioned before May 29 by the president. There are mega projects that the president will be available for before May 29, and we mean it,” he said.
Once regarded as one of the region’s most dangerous highways, the Enugu–Onitsha Road had long been plagued by tanker explosions, fatal accidents, and economic disruptions. Umahi said decisive intervention by the Tinubu administration has changed the trajectory.
News
Nigeria partner Japan to redevelop Abuja Master Plan
It is very key for us because I know the design of Abuja was done by Japan, and now they need to look at it again in order to carry out further structural development.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, announced a strategic partnership with the Government of Japan to change the 1979 Abuja Master Plan.
The move, aimed at aligning the city’s growth with modern realities through the year 2050, was the highlight of a courtesy visit by a high-level Japanese delegation to the FCT Ministry on Tuesday.
The delegation was led by the Japanese Ambassador to Nigeria, Mr. Suzuki Hideo, and the Chief Representative of the Japan International Cooperation Agency (JICA) Nigeria, Mr. Ishigame Keiji.
During the meeting, Barrister Wike expressed profound appreciation for Japan’s historical and technical contributions to Nigeria.
He emphasised that the original blueprint of the FCT owes much to Japanese expertise.
“On behalf of the FCT Administration, I appreciate the relationship between Nigeria and Japan,” Wike said.
“I am fully aware of the projects through JICA. It is very key for us because I know the design of Abuja was done by Japan, and now they need to look at it again in order to carry out further structural development.”
News
Minister of Power Apologise To Nigerians Over Blackouts
“I can tell you, with the committee that we have set up, and commitments from gas suppliers, and the timeline for repair of the gas pipelines, two weeks from now, we should start seeing improvements in supply. Two weeks,” Adelabu said.
The Minister of Power, Adebayo Adelabu, has apologised to Nigerians over the prolonged and severe electricity outages recorded in recent weeks across the country.
He acknowledged the strain the outages have caused on households and businesses in key sectors of the economy.
“I want to apologise to Nigerians, officially now, coming from me as the Minister of Power, for this temporary issue that is leading to hardship being experienced, especially during this dry season, where there is so much heat everywhere,” Adelabu said at a press briefing in Abuja on Tuesday
He admitted that the ongoing blackouts has worsened living conditions, particularly during the intense dry-season heat.
“Businesses are being affected, schools have been affected, and industries have been affected. It is not our wish to find ourselves in this situation, but it is due to some factors that are actually beyond our control, ”said Adelabu.
Despite the disruptions, Adelabu assured citizens that the situation would soon improve, offering a clear timeline for restoration of better power supply.
“I can tell you, with the committee that we have set up, and commitments from gas suppliers, and the timeline for repair of the gas pipelines, two weeks from now, we should start seeing improvements in supply. Two weeks,” Adelabu said.
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