Home Blog Page 1153

Tips for reducing expenses in tough economic times

0

In this piece, ANOZIE EGOLE looks at ways Nigerians can reduce costs and survive tough economic times

The current economic challenge in the country has stretched many to their limits that they find extremely difficult to cope with. While the soaring inflation has significantly depleted the purchasing power of many Nigerians, poor financial management has exacerbated the situation for several people.

These challenges have culminated in low dispensable income, which makes it almost impossible for a lot to meet their basic needs and makes them depend on daily hustling to be able to feed the family.

A report by the National Bureau of Statistics in 2022 showed that 63 per cent of persons living in Nigeria, equivalent to 133 million people, were multi-dimensionally poor.

According to NBS, the National marginal propensity to invest is 0.257, indicating that poor people in Nigeria experience just over one-quarter of all possible deprivations.

“Poverty levels across states vary significantly, with the incidence of multidimensional poverty ranging from a low of 27 per cent in Ondo to a high of 91 per cent in Sokoto. Over half of the population of Nigeria are multidimensionally poor and cook with dung, wood or charcoal, rather than cleaner energy. High deprivations are also apparent nationally in sanitation, time to healthcare, food insecurity, and housing,” NBS stated.

For Ignatius Chibuike, a trader at the popular Ikotun Market in Lagos, until Nigerians start paying more attention to savings and reduce the level of irresponsible spending, the poverty level will still be very high.

“A lot of us in this country do not believe in saving. We don’t have a saving culture; we believe that whatever we get must finish before we can hustle for another one. And until that mentality is changed and we do more of savings, poverty would still be in the country,” he stated.

However, there are about seven ways one can cut costs and save money amid the current economic challenges:

Eat out less

If you work in a bustling city, you are spoilt for choice when it comes to eating out. When hungry, it is easy for us to stop at the nearest fast food joint to eat. While fast and convenient, eating out could be hurting your financial well-being. On average, a meal at any of the fast foods could cost you from N2,000 upwards per plate. If you multiply this amount by say 15 days in a month, you would see that you are poorer by about N30,000. Have you considered taking homemade meals to work? Have you considered taking time out to find alternatives, rather than settling for the available? This would save you as much as ₦30,000 in a month or ₦360,000 a year.

Consolidate your entertainment

Do you pay for satellite television services, Netflix, internet subscription and Iroko TV and go out to watch movies? How many of these do you actually have time to watch? Besides, for the most part of the day, you are at work. You could save money by focusing on a consolidated entertainment channel. These days, good internet access is all you need for entertainment, be it for movies, games or news. Why pay for more?

Don’t try to impress

Many try to impress others, making people believe they are what they are not. Tyler Durden said, “We buy the things we don’t need with the money we don’t have to impress people who probably don’t care.” For instance, why buy a N5m car when a N2.5m car would serve you just fine? Why pay for things that hurt your finances just because you could? Wealthy people live well below their means, why should you not? After all, the art of living easily is to pitch your scale of living one degree below your means.

Apart from helping you reduce your expenses, you would be able to maintain a lifestyle that would enable you to save more which in turn would allow you to achieve financial freedom faster.

Don’t spend what you’ve not earned

Most times we are driven by expectations like salaries being paid by month-end, a windfall hitting our bank account in TWO weeks’ time, a promised cash from a friend or a share of profit from a side gig.

We are often tempted to base our current buying decisions on these expectations by spending down our current cash above the normal limit with the expectation that some megabucks will hit our bank account soon. When these expectations don’t pan out as planned, not only have we overspent our current cash but also we might have ended up buying what we want with cash which we are yet to earn, instead of focusing on our needs.

So you want to club?

TGIF (Thank God it’s Friday) is a great time to hang out with friends. One of the most popular activities is to hang out at the club. Clubbing is not bad as it helps you unwind, loosen up and think of something else outside work. What is bad is spending your hard-earned money on overpriced drinks and chops! It is a fact that you pay not less than 400 per cent more for things you buy in the clubhouses. If you are splitting the bills with a few friends, that is fair. However, if you are driven by point three above, that is a red flag.

Don’t keep huge cash in bank

Banks help us keep our money safe. With high inflation and low interest rates on savings, however, your money does not serve you much enough in the banks’ vault. Your money should always be working for you. Have you considered moving your money into high-interest savings where your money would be put to work, more efficiently? Have you considered finding a small business you can invest the money in? Bottom line: idleness does not earn you a dime; the same applies to idle cash.

Automate your savings

Being humans, we tend to fall for the temptation of spending to buy “wants”, especially when the cash to do so is very accessible to us with our ATM cards, USSD payment channels or banks’ mobile apps. Every now and then, we are faced with seemingly unavoidable needs to make spending choices.

A perfect way to rise above this temptation is to set up automated savings. An automated savings and investment platform like Cowrywise, allows you to set an amount to be saved on your behalf automatically at any given date. It is a free, simple and tech-driven platform that allows you to save automatically while you also earn a return that is 2.5x what an average bank gives on a savings account. Try it out!

Death toll rises to 37 as Lagos records 401 cases

0

•FG orders water analysis as outbreak spreads in Lagos, Ogun

•Osun, C’River activate emergency response, five hospitalised

No fewer than 37 deaths have been recorded in the current Cholera outbreak, which has hit 30 states, including Lagos and Ogun.

The Special Adviser to the Lagos State Governor on Health, Dr Kemi Ogunyemi, in a statement on Thursday by the Director of Public Affairs in the state Ministry of Health, Tunbosun Ogunbanwo, said the state had recorded an additional six cholera deaths as against the previous 15.

She said cholera cases had risen to 401 in the state.

On her part, the Ogun State Commissioner for Health, Dr Tomi Coker, told one of our correspondents that the state had recorded one death and 14 cases.

The Nigeria Centre for Disease Control and Prevention, in its recent report, said from January 1 to June 11, 2024, over 1,141 suspected and over 65 confirmed cases of cholera, resulting in over 30 deaths, had been reported from 96  local government areas in 30 states.

With the six additional deaths in Lagos, and one death in Ogun,  the fatalities are no fewer than 37.

The According had on Monday reported that the resumption of schools on Wednesday after the Sallah holiday could fuel the spread of the disease.

On Tuesday, the World Health Organisation, the United Nations Children’s Fund, and the International Organisation for Migration held an emergency meeting in Lagos over the cholera outbreak in the country.

Cholera is a food and water-borne disease caused by ingesting the bacteria— Vibrio cholerae— in contaminated water and food. Cholera can cause severe acute watery diarrhoea, and the severe forms of the disease can kill within hours if left untreated.

In Nigeria, cholera is an endemic and seasonal disease, occurring annually mostly during the rainy season and more frequently in areas with poor sanitation.

Lagos cases

Giving the situation report in Lagos on Thursday, the Special Adviser to the Governor on Health,  Ogunyemi, stated that Lagos Island remained the epicentre of the outbreak.

The special adviser, who stated this in the statement by the Director of Public Affairs in the state Ministry of Health,  Ogunbanwo, recalled in the last update, that the state recorded 350 cases and 15 deaths.

The statement partly read, “Following the last update on the cholera outbreak in Lagos, which reported 350 suspected cases and 15 fatalities, the Special Adviser to the Lagos State Governor on Health, Dr Kemi Ogunyemi, disclosed that the total number of cholera cases has increased to 401 across Lagos, with Lagos Island, Kosofe, and Eti Osa recording the highest numbers.

“Dr Ogunyemi revealed this today while providing an update on the outbreak after meeting with members of the Lagos State Public Health Emergency Operations Centre. She added that the death toll had also risen to 21, an increase of six from the previously reported 15 fatalities.”

According to Ogunyemi, the rise in cases was anticipated following the Sallah festivities, during which large gatherings occurred.

She, however, noted that suspected cases were subsiding across local government areas, particularly in previously affected LGAs due to the state government’s interventions and surveillance efforts.

The Special Adviser stated that the government, through the Ministry of Health and other sister agencies, was maintaining rigorous surveillance and monitoring of the situation and implementing planned programmes and activities to curb the spread.

She advised that citizens seek medical attention immediately if they experience symptoms such as watery diarrhoea, vomiting, abdominal pain, general malaise, and fever, stressing that cholera treatment is provided free of charge at all public health facilities

In Ogun State,  a 62-year-old woman in Ijebu-Igbo has died of cholera.

Our correspondent gathered that the outbreak which occurred three days ago, also left five other persons hospitalised.

The deceased, it was gathered contracted the disease from her son who is now among those hospitalised.

The state commissioner for Health,  Coker confirmed the incident to one of our correspondents on Thursday.

Coker said 14 cases of cholera had been reported from four local government areas; Ota, Abeokuta South, Obafemi Owode and Ijebu North.

According to her, five other persons had also been hospitalised.

She stated, “A 62-year-old lady who contracted cholera from her sick son died in Ijebu Igbo. Five others have also been hospitalised across four local government areas of Ota, Abeokuta South, Obafemi Owode, and Ijebu North

“The cumulative total cases since last week are 14 with one fatality”, Coker said.

She urged residents of the state to maintain good hygiene and avoid drinking water from unknown sources.

“I want to call on Ogun people to keep calm and be on the alert for anyone with the symptoms of cholera. They should report any suspected case of cholera to our disease surveillance team”, Coker said.

Water analysis

She said this as the Federal Ministry of Water Resources and Sanitation, on Thursday, said it had initiated a water quality analysis following the outbreak of cholera in 30 states.

The Permanent Secretary in the ministry, Alhaji Aliyu Shinkafi, disclosed this in an interview with the News Agency of Nigeria on Thursday.

Shinkafi said the move was necessary following continued reports of outbreaks in many parts of the country.

He said the Federal Ministry of Water Resources and Sanitation, in response, had embarked on water analysis.

“In response to the outbreak, teams from the National Water Quality Reference Laboratories in Lagos, Enugu, and Sokoto have been dispatched to collect water samples and investigate the presence of Vibrio cholerae in the affected areas.

“Additionally, the ministry is coordinating with State Technical Working Groups and Rural Water Supply and Sanitation Agencies through the WASH in Emergency Technical Working Group to address the outbreak comprehensively,” Shinkafi said.

He said before the outbreak, the National WASH in Emergency Technical Working Group had already trained state working groups on preparedness, prevention, and response strategies, as well as hygiene promotion and water safety planning.

These states, he said, had intensified their community sensitisation efforts to reduce cholera cases and are promoting campaigns against open defecation, a known transmission route for the disease.

He however urged Nigerians to take precautions to protect themselves and their families by boiling or treating drinking water before consumption.

On Thursday, the Commissioner for Health in Cross River State, Dr Henry Ayuk, said the state had activated an emergency response team to respond to any threat of cholera outbreak in the state.

The commissioner made this known in an interview with NAN Calabar.

He said although the state had not witnessed any cholera cases since the current outbreak was reported, there was one recorded death associated with cholera around March 2024.

He added that “there was an outbreak of the disease in Obubura and Biase local government areas between February and April, with one death recorded during the outbreak.

“That was about the only time we had a case of cholera outbreak in this state.”

The Osun State Government also said it had intensified sensitisation among the residents to prevent the outbreak of cholera in the state.

The state Commissioner for Health, Jola Akintola, while addressing the concerns about possible outbreak due to the large movement of people into the state during the festive period, highlighted measures put in place by the government to prevent the outbreak of the disease.

Giving an update about efforts to prevent the cholera outbreak in Osun, Akintola, in an interview with The According, said his ministry had intensified sensitisation, especially at motor parks and markets across the state.

He further said, “No suspected case of cholera in Osun till now, not to talk of a confirmed case. We have fliers everywhere and outreaches were being organised in some public places like moto parks and markets.

“But as we speak, we have not recorded any suspected case. The essence of the outreaches I spoke about earlier is to educate our people on what they must do to prevent the outbreak of the disease.”

Meanwhile, a non-governmental organisation, Corporate Accountability and Public Participation Africa has urged state governments to address the underlying issues to curb the spread of cholera.

In a statement by its Media and Communications Officer, Robert Egbe, CAPPA noted that as the outbreak ravages, state authorities had been quick to issue safety guidelines and precautionary measures, but underlying issues needed to be addressed.

“Cholera is an infectious disease that causes diarrhoea and severe dehydration and is typically spread through unsafe water and food contaminated with the bacterium Vibrio cholerae.

“The disease, even though preventable, is particularly vicious in areas where sanitary facilities are insufficient, and the availability of safe water supply is inadequate. As such, the resolution to controlling cholera lies in the effective management of public water and sanitation systems,” CAPPA’s Executive Director, Akinbode Oluwafemi said.

Fintiri asks indigenes to invest in Adamawa

0

The Adamawa State Governor, Ahmadu Fintiri, has urged the indigenous sons and daughters of the state to start relocating and building their business investments in Adamawa their home state.

While speaking at the opening ceremony of Livak Signature hotel located in Karewa Government Reserved Area,  in Yola North Local Government Area, the governor said that investing in other states will reduce the unemployment rate in those states and boost their revenue to the detriment of Adamawa economy.

The governor who was represented by the Speaker, Adamawa State House of Assembly, Wesley Bathiya, notèd that Adamawa State deserved more investments to create more jobs, pointing out that if the youth are gainfully employed, insecurity in the state will reduced and that government will generate more revenue for infrastructural development.

Bathiya remarked, “I appreciate the efforts of the Chief Executive Officer of this beautiful hotel Dr. Williams Ishaya Kamale, and for choosing his home state to build this gigantic edifice, instead of Abuja, Lagos and other bigger cities like others are doing.

“The government will support whoever wants to do business in Adamawa State,” he assured.

Fintiri pointed out that the  hotel would not only generate more revenue and reduce unemployment, but would also put the state on the lane of tourism in the country and the entire world.

Also speaking at the commissioning ceremony, the Catholic Bishop of Yola Diocese Rev. Dr. Stephen Dami Mamza, commended the owner of the hotel for considering his home state for such a capital intensive business.

He stressed that visitors coming into the state will now have a comfortable place to stay and do their businesses without any difficulties in securing a good accommodation.

“Today, this hotel is looking like hotels in Abuja, Lagos and even the United Kingdom, but if the management is not good, within a short time the place will become a desert, so my advice is that the Chief Executive Officer should ensure that he engages hotel management professionals to handle this hotel for our own good and the state government,” he advised.

In his welcome address, the CEO  Kamale, said that the choice of Adamawa State which is incidentally his home state is to enable him contribute to the massive infrastructural development under Governor Fintiri’s administration and reduce unemployment in the state.

Kamale who is based in Abuja assured all the guests at the event that the hotel will encourage both Adamawa sons and daughters and other people to take their businesses to the state which he said still a virgin land for investors to explore.

Stakeholders worry over new NMDPRA $2,000 registration fee

0

Maritime stakeholders have expressed concern over the newly imposed $2,000 registration fee on indigenous shipowners by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.

The former Director General of the Nigerian Maritime Administration and Safety Agency, Temisan Omatseye, while speaking in Lagos recently at the 2024 Stakeholders Engagement, lamented over the two licensing fees indigenous shipowners were mandated by NMDPRA.

“NMDPRA is insisting on one licence where each shipowner pays $2,000 to register and now they are asking for another N2m. There are two licences now, which they call coastal licenses. They have now even issued a regulation in line with the Petroleum Industry Act, which gave them that power,” he said.

Omatseye added that the agency did not have the power to collect such fees.

“And they don’t have any powers at all because all powers are related, these are international provisions,” he noted.

He urged the Ministry of Marine and Blue Economy to ensure that NIMASA was allowed to perform its constitutional responsibilities.

“Even any cable laid on the seabed belongs to NIMASA; any pipeline laid on the seabed belongs to NMASA. So, all they are asking for is that the ministry needs to step up, take back its responsibility, and give it back to NIMASA. Let us sit down with NMASA and manage our industry,” he said.

Buttressing what the former NIMASA DG said, a shipowner and the President of the Nigerian Chamber of Shipping, Aminu Umar, stated the need to address the issue of multiple clearances shipowners were subjected to.

 “What he was trying to say is that shipowners are facing multiple agencies; they need to get clearance from multiple agencies in order to operate. The NMDPRA is asking shipowners to come for the same clearance that has already been done by NIMASA. So, what Omtaseye was saying that day was why shipowners should go for another clearance to be cleared again, and that clearance comes with a cost.

“So, there are multiple agencies and you don’t see that in any other sector. I don’t think any organisation comes to say the airline must also come and get clearance if they want to operate.  They should harmonise, NIMASA should reach out to NMDPRA so that they can work together and ensure that once NIMASA clears, it means the ship is good to go, NMDPRA should take the clearance done by NIMASA and the only one,” Umar asserted.

In his response, the South West Regional Coordinator of NMDPRA, Mr Ayo Cardoso, explained that the agency charged $1,200 for the coastal vessel licence.

“The Coastal Vessel License is $1,200, processing fees and application fees are N100,000. First Schedule Section H.3. Midstream and Downstream Petroleum Operation Regulations 2023,” Cardoso expounded.

Again, MAN seeks lifting of sachet alcohol ban

0

The Manufacturers Association of Nigeria has restated its call that the Federal Government should end the ban on sachet alcoholic drinks.

The Director-General of MAN, Segun Ajayi-Kadir, told The According on Wednesday that it was important for the government to lift the ban to prevent further job loss and keep distillers in the country in business.

Meanwhile, the Director-General of National Food and Drug Administration Control, Prof. Moji Adeyeye, currently said the ban on sachet alcoholic drinks was still on and had not yet been called off after it was reported on June 15 that the House Committee on NAFDAC, which investigated the agency’s ban on February 1, 2024, and concluded that it was “untimely given the current economic realities”.

But Adeyeye, speaking in a virtual meeting, said the ban on sachet alcohol was a ministerial directive which “remains until the Minister (of Health) responds”.

The MAN DG, who had earlier applauded the decision by the Federal House of Representatives and NAFDAC, said the association’s position on the ban “remains unchanged”.

According to Ajayi-Kadir, the association remained hopeful that the continuation of the discussion would culminate in a termination of the ban.

He noted that a termination of the ban was the right thing to do, in the interest of jobs, industry, the government and the economy.

The MAN DG maintained that the association had demonstrated scientifically how the ban would not be the best option, particularly for the packaging of alcoholic beverages.

“We had demonstrated that it was better to use education, restriction of access and continuous engagement to ensure that only those who are adults and have a right to those products could access them,” he added.

As a response to the NAFDAC DG’s insistence on the ban being in place until a response comes from the Minister of Health, Prof Ali Pate, Ajayi-Kadir stated that the concerns expressed by the health minister and NAFDAC were “fully realisable and are being significantly realised”.

Ajayi-Kadir said the industry players were actively working to allay the health ministry’s concerns as they had recommitted to restricting access to sachet alcoholic drinks to underage citizens and carrying out campaigns for responsible consumption as it is done in other countries.

The MAN DG asked NAFDAC to reexamine the possible consequences of the ban, not only on the alcoholic beverages industry but also on the workers in the industry.

He said the manufacturers association remained optimistic that in the final analysis, good judgment would prevail and the Nigerian economy would be the better for it.

NAFDAC claimed the ban on the sale and consumption of sachet and PET bottle alcoholic beverages chiefly as a means of checking youth drug abuse.

Africa Global Logistics berths in Nigeria, unveils strategic transformation pillars

0

A leading logistics solutions provider in the continent, Africa Global Logistics, has been formally launched in Lagos this is as the company unveiled its strategic plans for transformation and growth of the logistics landscape in Nigeria.

The official unveiling ceremony of the leading multimodal logistics operator was held in Victoria Island, Lagos on Wednesday.

The event witnessed many dignitaries including a representative of the Governor of Lagos State, Mr Babajide Sanwo-Olu; former Minister of Trade and Industry, Otunba Niyi Adebayo; Managing Director of Nigerian Railway Corporation, Engr. Fidet Okhiria and the Managing Director, Federal Airport Authority of Nigeria, Mrs. Olubunmi Kuku, among many others.

Formerly known as Bolloré Africa Logistics, AGL is set to redefine the logistics landscape in Nigeria, delivering unparalleled services and driving economic growth and development.

The rebrand of AGL in Nigeria represents a pivotal advancement in reinforcing the company’s footprint on the continent and harnessing the potential of Nigeria’s dynamic logistics sector.

In his welcome address, the Country Managing Director of AGL Nigeria, Etienne Rocher, said the event was more than rebranding.

“Today marks more than just a rebranding for us. It symbolizes our evolution, our growth, and our dedication to shaping the future of logistics in Nigeria

“We are immensely grateful for your presence here as our esteemed clients, partners, suppliers, and integral stakeholders,” he said.

According to him, trust and collaboration have been instrumental in the success of the brand.

“And we look forward to continuing to serve you with even greater efficiency and innovation,” Rocher said.

Rocher said the official unveiling of the AGL brand in Nigeria marks a new era of commitment to the country’s growth, signifying a strong dedication to elevating logistics standards and driving Nigeria’s economic evolution, “where excellence in logistics meets the heartbeat of Africa,”

The Chief Executive Officer, of Maritime Services and Chief Investment Officer of AGL, Stanislas de Saint Louvent, stated that Africa Global Logistics embraces the values of its parent company, the MSC Group.

According to him, the values include humility, passion for our business, agility to adapt to our environment and clients’ needs, and solidarity.

“As the leading multimodal logistics operator in Africa with over a century of expertise offering global, customized, and innovative solutions, AGL’s ambition is to contribute substantially to Africa’s transformation

“AGL is committed to enhancing end-to-end logistics supply chain continuity across Africa through its port terminals, railway operations, and logistics set up in every African country,” he said.

He added that the brand intends to support the development of the African Continental Free Trade Area, “as we believe it is very important for the development of the continent,” Mr Stanislas de Saint Louvent said.

He said as part of the MSC Group, AGL benefits from a robust logistics network that spans the globe.

“This affiliation empowers us to improve our service offer in our port terminals, expand territorial service solutions, and invest in the professional development of our 23,000-strong workforce across Africa

“By nurturing local talent and promoting diversity through specialized training programs, we contribute to addressing Africa’s demographic challenges while advancing digital transformation,” he said.

Mr. Stanislas de Saint Louvent also reiterated AGL’s commitment to strengthening intra-African trade by offering innovative logistics solutions tailored to the needs of trade players to enhance the competitiveness of trade corridors and support the industrialization of Africa.

Also speaking, the CEO of Africa Global Logistics & Transport Nigeria, Sade Akanni-Shelle, said AGL has evolved with Nigeria’s development and remained committed to the country’s potential through both good and challenging times, “and we continue to invest in solutions to support the needs of our customers while adapting to changes in geopolitics and the macroeconomy,”

She said the official unveiling of the new AGL brand is a testament to the company’s commitment to Africa’s development.

“As we introduce the four key pillars of our strategy which are, digitalization, energy transition, intra-African trade, and investment in local talent – we are excited to embark on this journey of growth and transformation in Nigeria.

“At AGL Nigeria, we firmly believe in creating job opportunities as a means to empower individuals and communities. Our efforts to diversify our expertise are evident in several strategic initiatives. We are expanding into temperature-controlled warehousing, a critical need for many industries. We are re-opening an inland container depot in Ijanikin to streamline logistics and improve efficiency,” Akanni-Shelle said.

“Furthermore, we are renewing our focus on Oil & Gas logistics through AGL Oil & Gas Services. These initiatives are not just about business growth; they are about replicating the success stories we have recorded in other African countries right here in Nigeria, creating further employment opportunities,” she said.

In his address, the Governor of Lagos State, Mr Babajide Sanwo-Olu represented by the Commissioner for Commerce, Cooperative, Trade and Investment, Folasade Ambrose, commended AGL for its relentless pursuit of excellence.

He expressed confidence that the formal unveiling of the company would create more jobs and contribute to the GDP of the state and the country, in addition to facilitating trade across Nigeria.

Established in Nigeria in 1961, AGL provides comprehensive logistics services, including port operations, marine logistics, and oil and gas services.

Through Tincan Island Container Terminal Ltd, a port concession that commenced in the Port of Lagos/Tincan Island in 2006, AGL operates a container terminal in Lagos, enhancing the port ecosystem by pioneering innovative initiatives such as the development of waterways through barges.

Serving diverse markets such as Oil & Gas, FMCG, Telecom, Aid & Relief, and Power & Technologies, AGL is dedicated to Nigeria’s socio-economic development through tailored logistics solutions and continuous investment in innovation.

After Sallah, tomatoes, pepper prices remain high as North groans

0

Prices of tomatoes and pepper in the North have continued to soar despite the items being in their season, Arewa According reports.

The development has reached an alarming level such that residents say their prices have stripped them to bare bones.

Most of the residents further groan that the prices of pepper and tomatoes in particular have further hit the roof just a few days after the Muslim festival of Eid-il-kabir.

Checks by Arewa According correspondents who went out to monitor the situation across some major markets in the northern part of the country that includes Kaduna, Gombe, Nasarawa, Kogi, Adamawa, Taraba, Benue, and Sokoto, indicated that rather than the prices of these perishable commodities abate even after the Sallah celebration they are rising uncontrollably.

For instance, in Lafiya, the Nasarawa State capital, residents lamented over the cost of tomatoes and peppers urging the Federal Government to take proactive measures to arrest the situation.

Halima Musa, a housewife, told our correspondent that a big basket of tomatoes, which cost N17,000 early January, now sells for N65,000, while a bag of pepper that sold for N10,000 now goes for N52,000.

According to her, the government must urgently intervene into the situation and deliberately crash prices of good in the markets with a view to regulating them.

For Joy Abraham, another housewife and mother of three, she said she had since stopped cooking with either fresh tomatoes or pepper as the prices have continued to skyrocket beyond her reach.

“I decided to go back to using sachet tomatoes because the price of fresh tomatoes has refused to come down anytime soon.

“A small painter bucket of tomatoes which used to be sold for between N1,000 to N1,500 now sells for N8,000 to N10,000, while a small painter bucket of pepper which sold for N600 now sells for N4,000,” she added.

Yakubu Ibrahim,  a trader at the Lafiya market dealing in tomatoes and peppers, absolved his colleagues from the soaring prices of the commodities.

Speaking in the Hausa language he explained to Arewa According, “So many people are saying that it is our fault that the prices of tomatoes and pepper are increasing, but it is not so.

“We buy most of these cooking ingredients from Plateau State and other states in the North Central region. And we sell almost at the same amount we buy the items because we are also considering the suffering of our fellow citizens,” Ibrahim said.

In Lokoja, Kogi State, our correspondent noted that a dustbin basket of tomatoes sells for N11,000 while one big basket sells for between N100,000 and N120,000.

One of the traders at the Kogi market, Ibrahim Yusuf, told our correspondent at the old market in Lokoja that the prices quoted were the latest prices after the Sallah celebration.

“The last time I bought was three days ago (Wednesday) and I am very certain that the price can not be the same as at today,” he said.

Another trader, Ilyasu Baba, who sells onions at the Kpata market, also in Lokoja, said one full dustbin basket goes for N3,500 while a full bag sells for N70,000.

At the Lokongoma market, a bag of pepper sells for between N8,000 and N12,000, he added.

Meanwhile, in Adamawa State, fresh tomatoes and pepper are now out of reach for poor families, just as local eateries and other restaurant operators also groan.

The cause of the groaning and gnashing remains the soaring prices of the commodities.

Our correspondent, who visited the ‘Cooking-cooking Ingredient market’ located along the Jimeta-Girei Road, observed that there were only traders selling tomatoes and peppers with no buyers to patronise them.

Some of the traders who spoke with Arewa According attributed  the high cost of the two commodities to the “unbearable high cost of transporting the commodities into the state.”

A trader who identified himself as Hassan Umar disclosed that a bag of fresh tomatoes now  goes for ₦120, 000 and the big red pepper called ‘atarumbu’ now cost ₦55,000  per basket.

 “Four pieces of tomatoes is ₦500. There are no tomatoes that can be bought for even N300 again,” he declared.

Abubakar Jimeta, another trader, told our correspondent that  getting tomatoes and fresh red pepper is a difficult task. He attributed the development to the high cost of transporting the commodities and the prevailing insecurity in some parts of the North.

“In the past, we get our large quantity of supply from Benue State but now, the cost of transportation and the insecurity along the Wukari-Jalingo road have stopped those that usually supply us the commodities,” he stressed.

A restaurant operator, Mrs Grace Ishaya, said the development forced her into closing her shop as tomatoes and fresh red peppers are now out of her reach.

In Jalingo, Taraba State, the tale is the same as residents lament the sharp increase in the cost of tomatoes and peppers.

A survey carried out by our correspondent showed that only a few weeks back, the cost of these essential soup commodities were fairly affordable until of recent when the prices surged astronomically.

Tomatoes, which previously sold for N200, now costs about N500, while the price of pepper has equally risen from N150 to N400 per unit measure.

As a result, Hadjia Aisha Musa, a tomato seller in Jalingo market, expressed her frustration, saying that the increase is beyond the traders’ reach

 “The increase in prices is beyond our control. Poor weather conditions and transportation issues have reduced supply, making it difficult for us to meet the demand. Customers are unhappy, and it’s affecting our sales,” she admitted.

Buyers are equally distressed by the rising prices as Mr. John Adamu, a consumer, lamented over the soaring prices.

“It’s becoming very hard to afford basic ingredients for our meals. The high cost of tomatoes and pepper is putting a strain on my family’s budget.

According to both consumers and tomatoes sellers in Minna market, the high cost of food items, especially perishable commodities like tomatoes and peppers remain unprecedented  in the history of Nigeria.

Most consumers further lament that because the prices of the commodities have gone out of their reach, they have now resorted to embarking on unhealthy alternative means to add flavour to their dishes.

A housewife, Toyin Alabi, told our correspondent that she no longer goes to Kure market to buy food items, especially tomatoes and peppers because of the cost implication.

“You can not come to the market with N20,000 and find anything reasonsble to buy. Tomatoes and peppers are now no-go areas. Just a small measure of  tomato that used to sell between N250 and N300 now sells for N1000.

“Pepper is even worse. Before, with less than N500.00, I would  buy pepper that is enough for the entire family but now with N1500, you have to add ‘I beg’ before the sellers will listen to you,” she insisted.

A trader, Abubakar Jibrin, said the high cost of the commodities – tomatoes and peppers should not be entirely blamed on the traders.

Jibrin explained that they (traders) had to travel outside the state to places such as Sokoto, Kano and some remote villages in the states to purchase the items, which “is not easy.”

“I sell a basket of tomatoes for ₦20,000 while I sell a small measure for N1000 and N1500 depending on the size. I always tell consumers  that it is not our fault. Before, the highest amount I would sell is N300, but today, as the economy continues to bite harder, prices are going higher. Unfortunately prices go up every day now,” he said, gritting his teeth.

In Sokoto State, a basket of tomatoes now goes for between N90,000 and N100,000.

A trader, Mallam Usman Aliyu, who sells the soup items popularly known in the Hausa language as  Kayan Miya told our correspondent that the same item (tomatoes) sold for less than N30,000 about two months ago.

“A basket of the same tomatoes you are seeing here was less than N30,000 just two months ago, but do you know it’s over N90,000 now?

“A bag of pepper which was about N60,000 only a few days back, now the same bag is about N150,000.

“Things are getting out of hand for the masses, and our government needs to come to our aide on this.”

In Gombe, when our correspondent visited Tumfure and Baban Kasuwa markets, consumers were seen lamenting the high cost of tomatoes and peppers.

Arewa According reports that many residents have resorted to making use of  dried tomatoes and pepper in the place of fresh ones.

“Not because I don’t like fresh tomatoes and pepper, but I can’t afford it. You can’t compare dried tomatoes to fresh ones; the difference is clear,” Doris Markus said, while bemoaning the cost of tomatoes in the market.

On her part, Laraba Joshua, noted that she uses dried tomatoes to boost the quantity, adding that, “I use the dried tomatoes and pepper to make the pot of stew bigger, not because i don’t know the difference.”

Alhaji Abdu Bello, a pepper seller decried the hike in prices, noting that customers have been complaining based on the quantities.

Bello said, “I’m not happy at all. Customers are not happy. It’s not like we are making so much gain. The amount we buy one basket has since tripled, and we need to make it back because people need to eat.”

At the Sheikh  Mahmud Gumi Central Market in Kaduna, Mrs. Gladys Akpojiyovwi, a housewife, said she had the shock her life as she prepared for the burial of her late mother.

A survey, according to her, showed that a basket of tomatoes which sold for between N30,000 and N45,000 earlier in the year now sells for between N100,000 and N150,000 at the market.

“This was according to the trader,” she said, adding that, “before now, a basket of tomatoes was as cheap as N18,000 and N30,000 respectively.”

She continued that the current price of a big bag for (shombo pepper) is N90,000, while a small bag goes for between N40,000 to N45,000.

Earlier, the big bag of shombo went for less than N40,000. Tatase now goes for N80,000, she added.

A pepper and tomatoes trader at the Barkin-dogo market, Mallam

Ibrahim, who says he is also the market youth leader-in-charge of tomatoes in Kaduna State,  attributed the soaring prices of tomatoes across the state to the outbreak of a deadly disease known as ‘Sharon’

Speaking with our correspondent, he said, “Farmers complained that  the disease had resulted in the loss of millions of naira during the current farming season.”

Arewa According reports that tuta absoluta, a moth family specie, is a destructive pest that caused a national disruption to the tomato value chain in 2015.

Ibrahim noted that the scarcity and subsequent hike in the price of tomatoes was  unprecedented in the history of Nigeria, adding that “early this year, during the small Sallah, tomatoes were sold at very cheap prices.

He recalled that a paint rubber of tomatoes back then sold for between N700 and N1000.

“The scarcity is a result of lack of rainfall which led farmers to lose millions of naira worth of tomatoes. As a result of this calamity, consumers faulted tomatoes dealers of hoarding the commodity, which isn’t the truth.

“You can’t hoard onions, tomatoes, and peppers because they are all perishable commodities. Once it’s out, it’s out.

“Usually, after Sallah, the commodities’ prices will fall. That has been the tradition, but of recent, this has not been so. Rather, the prices have continued to go higher.”

Another trader, Mallam Bashir Rabe Abubakar, who is a major dealer in tomatoes, peppers, and onions also at the Bakin-Dogo market in Kaduna State further

clarified that the price increase of tomatoes has nothing with the Sallah celebration.

In his estimation, the cause of the arbitrary increases in the prices of peppers and tomatoes is the alleged massive extortion by security personnel and the various local council touts stationed at the various road blocks mounted on the highways, especially at night.

“We drivers usually complain that we pay so much money to the security men at the different road blocks at night. You know we travel more at night.

“These road blocks are many and they range from the road blocks mounted by the Road Safety people, the Police, the Military check points, and some funny-looking touts and miscreants who say they are collecting the ‘due’ on behalf on the local governments.”

Painting a cursory picture of the sad situation, Abubakar said in the Hausa language, “A trip from Zaria to Lagos for instance will encounter no less than 60 to 70 of such mounted road blocks at night and imagine what is left if the driver must give out N200 at every road block and check point.

The driver does this when going and coming. You do the math.

“This is apart from the high cost of fuelling our trucks with petrol or diesel.

So, if we give out between N100 000 and N120,000 when going to a state like Lagos and still pay another round of money when returning, how do you expect the pepper and tomatoes dealers to make profits?

“These people know that we can’t refuse not to pay as the case maybe, as bribe for passage of our vehicles conveying tomatoes and other perishable commodities  to the southern part of the country,” he alleged.

Nasarawa communities disown lithium mining firm, allege illegal operation

0

Two mining communities, Amba and Agaza in the Kokona Local Government Area of Nasarawa State, have denied giving their support to a Lithium mining company, Timadex Geomin Consult Limited to operate in the area without the consent of the state government.

Arewa According reports that the mining firm had accused the Nasarawa State Government of undue interference in its activities, while lamenting that it acquired all the necessary licenses and followed due processes before it began its operations in the area.

Meanwhile, following the outcry of the community, the Nasarawa State Government immediately swung into action and shut down the mining company, insisting that due processes were not followed before the firm commenced operation in the Amba and Agaza communities.

In a press conference in Lafia on Wednesday, the State Commissioner for Environment and Natural Resources, Kwanta Yakubu, explained that the mining firm was closed down in line with the state government’s commitment to put an end to the activities of illegal miners across the state.

“The so-called mining entity (Timadex Geomin Consult Limited) claiming to be licensed to carry out mining activities in the area is not known to the Nasarawa State Government according to the provisions of the Executive Order No. 02 of 2022, and the mining site remains closed and secured until responsible investors who are trusted by the community and the state, through a proper consenting, are licensed to mine in the area,” he stated.

The Commissioner further reiterated the state government’s commitment to continue to mount surveillance on the mining sites, adding that any other mining company with similar issues would be shut down by the ministry.

Also corroborating the stand of the state government in a press statement equally made available to Arewa According in Lafia on Thursday, the two affected communities –  Amba and Agaza aligned with the state government on the matter, denying having anything to do with the lithium firm, Timadex Geomin Consult Limited which had been operating in the area.

The statement was jointly signed by the Overseer of Agwada Development Area, Adamu Agye; the OSU of Agwada, HRH Abubakar Obagu; the Sangarin of Amba, HRH Martins Abashi; and the District Heads and Youth Leaders in the area.

The statement read in parts, “For the purpose of history and clarity and to keep the records straight, the minerals in question (Lithium) was discovered in Kware (Amba) and Agaza (Igwo) communities respectively in the Kokona Local Government Area.

“The people that constitute this geographical area are peace loving people.

“No government, the world over will not welcome development. No government will dislike the progress of its citizens. Also, no responsible government will allow its citizens live without securing their lives and properties.

“We view the actions of the Governor of Nasarawa State (Abdullahi Sule) to ensure a well-coordinated and productive mining activities devoid of insecurity and threat to lives of the people of our communities as good intention and the right action any responsible government would take, considering the devastating consequences that comes with mining activities.

“It is on this note that upon discovery of the presence of some illegal miners, we quickly solicited for the intervention of the state government which the Governor obliged by providing security to prevent the influx of illegal miners and to safeguard mining sites in the area.

“The two communities have no knowledge of any consent given to Timadex Geomin Consult Limited either by the Village Head, District Head or the paramount rulers of both Amba and Agwada Chiefdoms.

“Therefore, as the people from these communities where this discovery was made, we make bold to say that we are fully in support of the Nasarawa State Government on whatever decision it may think best for the development and progress of our communities.”

The two communities, however added that full consent had been given to Black Stone New Energy Limited and Black Gem New Energy Limited to carryout mining activities in the area after a careful assessment of the both companies, adding that they had proven to have the knowledge and capacity to establish both production and processing factories in the communities.

“Therefore, we want to draw the attention of Timadex Geomin Consult Limited to the fact that the communities of Amba and Agaza are fully behind the two Chinese companies (Black Stone New Energy Limited and Black Gem New Energy Limited) contrary to what they claimed; that the natives are crying foul that their land is being sold without their consent.

“While we are not against any indigenous mining company to obtain consent to operate on our land, we resolve that such company must have unquestionable mining history and capacity to operate.

“We want to categorically state that any attempt by individuals or groups of individuals to bring or support the activities of illegal miners to these communities will be strictly resisted.

“We, therefore, urge the Minister of Solid Minerals Development, the Director General of Cadastre Office and the Governor of Nasarawa State to ensure that only reputable mining companies with the requisite capacity either local or foreign are allowed to be given license,” the statement stressed.

Katsina gov mourns Emir’s son, Saraki’s mother

0

The Katsina State Governor, Mallam Dikko Umaru Radda, has expressed sadness over the passing of Prince Abdallah Abdulmumini Kabir Usman, the son of His Royal Highness, the Emir of Katsina, Alhaji Abdulmumini Kabir Usman.

The governor also extended his condolences to the Saraki family on the passing of their matriarch, the late Mrs. Florence Morenike Saraki, mother of Dr. Abubakar Bukola Saraki and Senator Gbemisola Rukayat Saraki.

Arewa According reports that Bukola Saraki was a two-term former Governor of Kwara State and the 8th Senate President in the Red Chamber, while his younger sister, Gbemi was an ex-minister of State for Solid Minerals.

A statement by the Governor’s Chief Press Secretary, Ibrahim Mohammed, a copy of which was made available to Arewa According noted that the passing of Prince Abdallah Abdulmumini Kabir Usman at the tender age of 17 was a tragic loss to the family and the nation.

According to Radda, though his life was a brief one, yet, he noted that the departed blue-blood was a shining example of promise and potential.

Radda stated, “His demise has robbed us of a bright young mind with so much to offer.

“I extend my deepest condolences to His Royal Highness, the Emir of Katsina and the entire Katsina Emirate Council. I pray that the Almighty grants them the strength and fortitude to bear this immense loss.”

The statement also described the late Mrs. Saraki, as a mother to all, saying that while she lived, her life represented strength, resilience, and unwavering dedication to her family and community.

“Mrs. Florence’s passing leaves a void that will be deeply felt by all who knew and loved her.

“On behalf of the Government and the good people of Katsina State, we extend our heartfelt condolences to the Saraki family during this difficult time. May the Almighty grant them the courage and solace to navigate this period of grief.

“We pray fervently for the souls of Prince Abdallah Abdulmumini Kabir Usman and the Late Mrs. Florence Morenike Saraki to find eternal peace and rest in the bosom of the Almighty. May their good deeds and legacies continue to inspire and guide those they have left behind,” the statement concluded.

FUL gets N250m modern research centre from ASR-Africa

0

The Abdul Samad Rabiu Africa Initiative has commenced the construction of a N250 million world-class research laboratory for the Federal University Lokoja, Kogi State.

This development was the aftermath of the granting of approval for the commencement of professional science courses such as Pharmacy, ICT, Nursing, and Medical laboratory technology to the university.

Speaking at the groundbreaking ceremony which was held at the permanent site of the University on Friday, the Vice Chancellor, Professor Olayemi Akinwumi expressed appreciation to the BUA Group for heading the request of the University and embarking on the construction of the project.

An elated Akinwumi stated, “We at the school are full of appreciation to ASR Africa for the honour done us by giving us this project which is crucial in our efforts to get all the professional courses about to be started on a sound footing as no science course can stand without functional laboratory.”

The VC stressed that the project would address the challenge of infrastructure deficit, especially in the area of research, facing the institution and provide a learning platform for discoveries, innovations, and scientific advances in physical and life sciences.

In his response, the Managing Director/Chief Executive Officer of ASR Africa, Dr Ubon Udoh, thanked the management and students of the University for the warm reception accorded him and his team.

He reiterated the commitment of the Chairman to supporting quality education within the tertiary institutions across the country in continuation of ASR Africa’s various strategic commitments to the nation’s tertiary education interventions.

Udoh encouraged the management and students to ensure proper use and maintenance of the facility as a show of appreciation for the grant.

Arewa According reports that the ASR Africa grant and award process began in December 2022, and the confirmation of the university’s nomination was met with great joy by the university community.

“The Tertiary Education Grant Scheme of the ASR Africa is a personal commitment of the Chairman of ASR Africa and BUA Group, Abdul Samad Rabiu who is determined to give back to the African continent and to make an enduring impact in education as a means of uplifting and restoring the dignity and lives of Africans,” Udoh further informed.

ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa.

The world-class research laboratory is one of its many interventions under its Tertiary Education Grants Scheme drawn from the ASR Africa’s US$100 million Fund for Social Development and Renewal.