I am not supervising ‘Ruga ‘ settlements- Osinbajo

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As Nigerians continue to condemn the planned establishment of ‘RUGA’ , literally translated as “ Fulani settlements” across the country by the federal government, Vice President Yemi Osinbajo has refuted claims that he is Supervising the project.

A statement by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, said “ contrary to claims reported in sections of the media, the establishment of Ruga settlements is not being supervised by the Office of the Vice President”

Akande said the “Ruga initiative is different from the National Livestock Transformation Plan approved by State governors under the auspices of the National Economic Council (NEC) chaired by Vice President Yemi Osinbajo,

The National Economic Council NEC, had according to him, on January 17, 2019, approved the plan based on the recommendations of a Technical Committee of the Council chaired by Governor Dave Umahi of Ebonyi State. Other State Governors on the committee and Working Group of NEC are those from Adamawa, Kaduna, Benue, Taraba, Edo, Plateau, Oyo & Zamfara – mostly the frontline States in the Farmer-Herder crises.

“The National Livestock Transformation Plan (NLTP) 2019-2028 is a programme to be implemented in 7 pilot states of Adamawa, Benue, Kaduna, Plateau, Nasarawa, Taraba and Zamfara (as decided by NEC in January), being States in the frontlines of the Farmer-Herder crises. Afterwards, six other States have indicated readiness to also implement the plan. They are Katsina, Kano, Kogi, Kwara, Ondo, and Edo states.

“The plan has six pillars through which it aims to transform the livestock production system in Nigeria along market oriented value chain while ensuring an atmosphere of peace and justice.

He explained further that the six key pillars include, economic investment, conflict resolution, justice and peace, humanitarian relief … Read More...

AfCFTA agreement: Buhari fails to take stand on Nigeria’s signing

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After over eight months of waiting President Muhammadu Buhari on Thursday failed to take definite position on Nigeria’s signing of the African Continental Free Trade Area (AfCFTA) agreement.

This is despite the recommendations by the Presidential committee on the impact of the African Continental Free Trade Area (AfCFTA) and Nigeria’s readiness for it, that Nigeria should sign the agreements

Recall that the Federal Executive Council FEC presided over by Vice President Yemi Osinbajo had recommended Nigeria’s signing of the AfCFTA, a decision that was later turned down by President Buhari.

The decision was followed by the inaugurated the Presidential committee on the 22nd of October, 2018, to carry out the “Impact and Readiness Assessment of the Africa Continental Free Trade Area, as well as to address risks associated with signing the AfCFTA agreement.”

The committee was charged to, among other things, study the key issues raised by stakeholders, which included “Abuse of rules of origin, smuggling arising from difficulties in border controls and unquantified impacts of legacy preferential trade agreements.

Others include low capacity and capabilities of local business to conduct international trade, cost of finance, insufficient energy; and transport logistics infrastructure.

But Chairman of the Committee, Desmond Guobadia, while submitting the reports on Thursday, urged the President to sign the agreement, adding that “our reports show on the balance, that Nigeria should consider joining the AfCFTA and using the opportunity of the ongoing AfCFTA Phase I negotiations to secure the necessary safeguards required to ensure that our domestic policies and programs are not compromised.”

The Committee also recommend the setting up of a National Action Committee on AfCFTA to coordinate relevant ministries, departments and agencies to drive the implementation of the AfCFTA readiness projects and initiatives.

The President, while receiving the reports, expressed his … Read More...