Business Africa
FG Restricts Travelers from US, UK, 11 others, over CONVID-19
The federal government has issued a ban on entry into Nigeria on the United States of America, the United Kingdom, and eleven other countries over fears of CONVID-19 Virus
Announcing the ban on entry to journalists in his office on Wednesday, the Secretary to the Government of the Federation, Mr. Boss Mustapha, also said those who arrived in the country in the last 15 days from the 13 countries, would be subjected to supervised 14 days self-isolation.
Mustapha, who was accompanied by the Minister of Health, Dr Osagie Ehinare, explained that the ban on the 13 countries became necessary because of their high-risk status in terms of the spread of the Novel Coronavirus ( CONVID-19 ) pandemic.
He said the ban on the 13 countries would take effect from Saturday, March 21, 2020, adding that the Visa-on-Arrival policy had been temporarily suspended over CONVID-19.
He also advised all Nigerians with foreign travel plans to the banned countries to either cancel or suspend such plans.
“This morning, we have found it necessary to brief Nigerians on further measures being taken after an assessment of the global situation. They are as follows:
“The Federal Government of Nigeria is restricting entry into the country for travellers from the following thirteen (13) countries; China,
Italy,
Iran,
South Korea,
Spain,
Japan,
France,
Germany,
Norway,
the United States of America,
the United Kingdom,
Netherlands,
Switzerland.
These are all countries with over 1,000 cases domestically.
“All persons arriving in Nigeria who might have visited these countries, fifteen days prior to such arrival, will be subjected to supervised self-isolation and testing for 14 days;
“The Federal Government is temporarily suspending the issuance of all visas on arrival. The Federal Government is also counseling all Nigerians to cancel or postpone all non-essential travels to these countries; and
“The Federal Government urges Public Health Authorities of countries with a high burden to conduct diligent departure screening of passengers and also endorses these travel advisories to their nationals to postpone travels to Nigeria.
“These restrictions will come into effect from Saturday, 21st March 2020 for four (4) weeks subject to review”, he said.
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Business Africa
Fuel scarcity looms as NUPENG threatens FG With Strike
The Nigerian Union of Petroleum and Natural Gas (NUPENG) has issued a two-week strike notice to the federal government, raising the possibility of fuel scarcity across the country in the coming weeks.
This was contained in a statement jointly signed by NUPENG President, Williams Akhoreha, and General Secretary, Olawale Afolabi, Monday.
The union said the notice of strike was one of the decisions reached at its special national delegates conference Thursday.
It listed non-payment of workers’ salaries and benefits, among others, as reasons for its resolution.
One of the issues, NUPENG said, was the outstanding payment of terminal benefits to its members that were declared redundant in 2012 by the management of Chevron Nigeria limited.
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Business Africa
LCCI pushes for growth in intra-African trade
The Lagos Chamber of Commerce and Industry has said it aims to promote intra-African trade at the 35th edition of its annual Lagos International Trade Fair.
The Director-General of the LCCI, Dr. Chinyere Almona, said in a statement on Wednesday that this year’s edition would feature business-to-business meetings simultaneously with the general interest fair.
She said, the focus this year is to encourage intra-African trade and position Africa as the preferred investment destination and an economic powerhouse adding that The exhibition will also facilitate networking amongst exhibitors and between exhibitors and visitors.
She said corporate organisations, including multinational corporations, indigenous conglomerates, financial institutions, and small and medium businesses, had indicated interest in participating at the fair and relevant agencies and departments of government would also be available to exhibit and attend to other exhibitors and visitors.
She said agencies that had confirmed attendance to provide information and educate exhibitors and visitors were the Bank of Industry and Nigerian Export Promotion Council, among others.
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Business Africa
NEPC Empowers 60 Osun SMES for Export Business
The Nigerian Export Promotion Council has organised a workshop for over 60 operators of Small and Medium-scale Enterprises in Osun State on how to make their products fit for export.
The workshop, which was held in Osogbo, was tagged ‘Facilitating strategic export market access programme in collaboration with the trade support institutions.’
The Assistant Director, Policy and Strategy Department, NEPC, Aliu Saddique, said the participants were SMEs owners with the potential to export to the international market.
He said the council was using the model developed by the Centre for the Promotion of Imports from Developing Countries to train the participants so as to enable them to have a good understanding of the demands of the international market.
While speaking, The Osun State Commissioner for Commerce, Cooperatives, Industries and Empowerment, Dr. Bode Olaonipekun, called for serious planning ahead of the time when crude oil would no longer bring revenue for the country again.
Olaonipeokun, who also blamed the current economic hardship on the neglect of non-oil export, said planning for the era without oil must start immediately to avert economic crises.
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FG Working On Priorities to Ease Export Processes Says NEPC
FG Watches Closely on COVID-19 Cases in Kano, Osun, Oyo & Edo
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