FG to ensure conducive business environment

FG to ensure conducive business environment – Fashola

Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has given an assurance that the Federal Government would ensure a conducive environment for businesses to thrive.

Fashola said this while speaking with a Swedish business delegation on ICT and Smart Cities who visited him in Abuja.

The delegation was led by the Swedish Minister of Trade and European Affairs, Ms. Ann Linde.

The News Agency of Nigeria (NAN) reports that the delegation comprised experts in the Swedish financial sector, ICT, energy, transportation, telecommunication, health and agriculture.

Fashola said that although government’s role in electricity generation was now regulatory and policy making, it was doing everything possible to ensure reliable electricity supply in the country.

He said that for Nigerians to feel the impact of Swedish investment in the country, the investors should think of establishing manufacturing and assembling plants in the country, saying that such investments were critical to getting the country out of its present recession.

Earlier, Linde said that Sweden was doing quite well in urban transport, land use planning, digitization, smart grids, solid waste management and sanitation, among others.

She said that Sweden’s experience showed that using ICT smart city and high-tech solutions in urban planning and other sectors could facilitate processes while ensuring transparency.

The Swedish Minister of Trade and European Affairs described Nigeria as a country that enjoys the advantage of abundant renewable energy resource such as solar, wind and biomass

She said that Swedish investors were poised to contribute to the growth of the Nigerian economy by providing the necessary infrastructure for economic activities.

“I am truly honoured to lead this Swedish business delegation and look forward to gaining new insights on how our countries can develop new and mutually beneficial ventures in future,” she said.

Comments

Houthis Claim Attack on Central Israel in Response to Gaza ‘Massacres’

The ongoing conflict between Israel and Hamas has taken a concerning regional turn as the Houthi rebels in Yemen claimed responsibility for an attack on central Israel. The group announced this as part of their escalating response to what they describe as "massacres" in Gaza amid the Israeli military’s operations in the strip. Details of the Attack The Houthis, a Shiite militant group with ties to Iran, declared that they launched missile and drone strikes targeting Israel. While the exact impact of these attacks remains unclear, reports suggest that Israel’s defense systems intercepted several threats over its airspace. This marks a significant escalation as the Houthis widen their involvement in the conflict beyond their typical operations within Yemen and neighboring Saudi Arabia. The Houthis’ Justification In their statement, the Houthis framed the attack as retaliation for Israel’s military actions in Gaza, which they characterized as indiscriminate bombings resultin...

Fire: UniJos Senate convenes emergency meeting on Monday

Fire at the University of Jos Library University of Jos is to convene an emergency senate meeting on Monday to review the level of damage done to the institution by the Saturday night inferno. The Vice Chancellor, Prof. Sebastian Maimako, disclosed this on Sunday after inspecting areas affected by the incident. The fire, which lasted for more than six hours, destroyed the Library Complex that equally houses the faculties of management and social sciences. The fire also destroyed examination scripts, books and very crucial materials. Consequently, the vice-chancellor said “the Senate will meet tomorrow (Monday) to take a decision about the unmarked examination scripts that were burnt.” On the cause of the inferno, Maimako said investigation had commenced, adding that “nothing has been confirmed yet. We are still investigating.” The vice chancellor said the school was already working with federal authorities toward establishing a main fire station since the mini fire station in t...

NDLEA arrests 252 suspects, seizes 3,073 kg Indian hemp

NDLEA operatives The NDLEA in Niger on Monday said that it had arrested 252 suspects and seized 3,073.9 kilogramme of Indian hemp(cannabis sativa) in the state. The NDLEA Commander in the state, Mr Joseph Iweajunwa, who disclosed this in Minna, said that the operations were carried out between January and September. “Our operations in Niger State from January to September 2016 led to the arrest of 252 suspects and seizure of 3,073.997 kilogramme of cannabis sativa,’’ he said. Iweajunwa said that within the period, the agency also seized 1, 530 litres of liquid drugs, especially cough syrup with codeine. He said the NDLEA also counselled and rehabilitated 90 drug addicts in the state within the period under review. The agency, he added, secured convictions of only nine of the suspects because the judge at the Federal High Court, Minna, went on leave. “ Now that the judge has resumed more suspects will be tried,’’ he said. He advised motorists, especially commercial vehicle dri...

Global Naija Info

Search This Blog