Dtic hosts AfCFTA masterclass

Trade, Industry and Competition Acting Director-General, Malebo Thompson, says the successful implementation of the African Continental Free Trade Area (AfCFTA) is expected to accelerate growth and increase investment in Africa.

“AfCFTA brings us a step closer to realising the historic vision of an integrated market in Africa.

“The coordination of efforts, and inclusion of AfCFTA across all of government and relevant stakeholders will ensure that AfCFTA opportunities benefit the South African private sector,” Thompson said.

Taking part in a masterclass organised by the Department of Trade, Industry and Competition (dtic) and the National School of Government on Tuesday on the implementation of the AfCFTA, Thompson said trade integration and liberation should be accompanied by programmes to support African industrialisation and regional value chains.

Thompson said dtic has embarked on provincial outreach programmes and awareness workshops in collaboration with provincial governments.

“The dtic is also developing an AfCFTA implementation plan, including the establishment of a national implementation committee and a targeted strategy for the implementation of AfCFTA,” she said.

Prudence Sebahizi, the Director for Institutional Matters and Programmes Coordination at the AfCFTA Secretariat, said the AfCFTA create a single continental market with free movement of goods, services and investments.

“The objective of AfCFTA is to promote and attain sustainable and inclusive development, gender equality and structural transformation of [member States],” Sebahizi said.

The AfCFTA, Sebahizi said, will promote industrial development and regional value chain development, agricultural development and food security.

“The objective of the AfCFTA agreement is to create a single continental market for goods and services,” Sebahizi said.

The AfCFTA presents South Africa and Africa as a whole with unparalleled benefits and opportunities.

The AfCFTA seeks to establish a large, single continental market, encompassing a population of approximately 1.3 billion people with a combined Gross Domestic Product (GDP) of approximately US $3.4 trillion.

According to World Bank projections, by implementing the trade agreement, Africans will have an opportunity to lift 100 million people out of poverty, 60 million Africans out of abject poverty and the rest out of moderate poverty.

The AfCFTA agreement was mediated by the African Union (AU) and signed by 44 out of 55 member States in 2018.

The agreement seeks to eliminate trade barriers and boost intra-Africa trade. In particular, it is to advance trade in value-added production across all service sectors of the African economy.

The AfCFTA will contribute to establishing regional value chains in Africa, enabling investment and job creation.

The practical implementation of the AfCFTA has the potential to foster industrialisation, job creation and investment, thus enhancing the competitiveness of Africa in the medium to long term.

Source: South African Government News Agency

Africa’s food sovereignty tops agenda at Russia-Africa Summit

The Russia-Africa Summit 2023 will discuss partnership for food sovereignty, strategies to realise the potential and how Russia can help Africa develop its agricultural infrastructure.

Mr Oleg Ozerov, Ambassador at Large of the Ministry of Foreign Affairs of the Russian Federation, in a statement released on Tuesday in St. Petersburg, said the federation would discuss ways to establish its production on the continent.

Ozerov said though the issue was related to food security but it would be discussed within the framework of both the political summit and the Economic and Humanitarian forum.

“Russia is a supplier of products that ensure food security: grains, fertilisers and their components.

“This issue is becoming more and more acute. According to the latest UN report, the number of hungry people in Africa is growing.

“But, during the summit, we will also discuss establishing our own production on the continent, and African countries would like to receive agricultural technology and equipment from Russia,” he said.

He said Africa was one of the most vulnerable regions in the world in terms of food security, despite agriculture employing more than 60 per cent of its labour force and contributing about a third of the continents GDP.

“Experts estimate that 60 per cent of Africa’s fertile land is underutilised.

“The only way to solve this problem is to achieve food sovereignty. This is a realistic possibility due to the continent’s immense agricultural potential,” he said.

The Integrated Security and Sovereign Development block of the business programme of the Second Russia–Africa Summit and Economic and Humanitarian forum will hold the panel session on food sovereignty.

The session which will start on July 27 at 9.00 a.m. has its title as “Russia and Africa: Partnership for Food Sovereignty.”

The Second Russia–Africa Summit and Russia–Africa Economic and Humanitarian forum, which will hold from July 27 to 28 , is being organised by the Roscongress Foundation.

Source: News Agency of Nigeria

UNFPA trains CSOs on improving life skills of Lagos youths

The United Nations Population Fund (UNFPA) has trained Community Society Organisations (CSOs) on comprehensive life skill education to reduce misinformation and increase young people’s skills in taking informed decisions related to their health.

Dr Esther Somefun, Gender and Reproductive Health Analyst, UNFPA, said this during a two-day training for CSOs on comprehensive life skill education for out-of-school youths on Tuesday in Lagos.

Somefun said that research had shown that many out-of-school youths lack required knowledge to make accurate decisions, leaving them vulnerable to coercion, sexually transmitted infections and unintended pregnancy.

“We know that young people form a critical segment of the population.

“Lagos with a population of over 23 million people has a huge youth-based population.

“Many of these youths are out-of-school, and have needs that are to be met.

“UNFPA understands that there are communities that can meet such needs, hence the need for us to look for youth-led CSOs who interact with out-of-school youths and build their capacity on comprehensive life skill education.

“These CSOs ensure that young people are provided with accurate information from their transition from childhood to adolescents and youths,” she said.

She noted that the aim of the training was to build an inclusive society and assist the youth make informed decisions about their sexual and reproductive health.

According to her, 10 CSOs from 10 local government areas of the state participated in the training and would transfer the knowledge to the targeted youths in their respective communities.

Somefun said that UNFPA works with governments and CSOs to implement life skill training, both in schools and outside of schools through community-based training and outreach.

Similarly, Mrs Rasheedat Umar, Assistant Director, Ministry of Youth and Social Development, said that the ministry partnered with UNFPA to disseminate life skills training to out-of-school youths.

She said that the state conducts the training in vocational and technical centres across the state.

Umar said that the students interact with those outside the centres, noting that extending the training was critical to filter and provide them with accurate information.

Also, Adebimpe Adebara from the Peace of Heart Foundation, commended UNFPA for the training, noting that it would boost the sexual and reproductive health of youths in Mushin Local Government Area.

Similarly, Benjamin Odey, from the Association of Positive Youths, said the training had enhanced his knowledge on consent, HIV issues and counselling.

The Convener, Speaking Fingers Network, Ms Treasure Uchegbu, commended UNFPA, saying it would create a more inclusive society and assist to achieve the sustainable development goals.

Source: News Agency of Nigeria

Army didn’t detain soldier for religious affiliation – Spokesman

The Nigerian Army has debunked allegation that a soldier, Lance Cpl. Musa Adamu was in detention for converting from Islam to Christianity and preaching the gospel, as being circulated in the Social Media.

This is contained in a statement by the Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, on Tuesday in Abuja.

Nwachukwu said the soldier was in custody for violation of some provisions of the Armed Forces Act, saying the said report credited to an online medium was not only a misrepresentation of the true situation.

He described the report as “an outrageous falsehood tainted with religious bigotry, being peddled against the Nigerian army, a professional institution guided by well established ethics and tradition in all its activities and administration of personnel”.

According to him, this is aside the unbiased premium of place accorded the spiritual concern and growth of personnel as well as the sensitivity it attaches to religious practices amongst personnel.

“To set the records straight, Lance Cpl. Musa Adamu, a personnel of the Amphibious Training School was attached to 63 Brigade to participate in an ongoing operation.

“During the operation, he was found preaching in uniform on a social media platform in violation of extant Social Media policy for the Armed Forces of Nigeria.

“This prompted his invitation for interrogation by relevant authorities.

“Rather than present himself for the investigation, he absconded for about six and a half months, resulting in the declaration of the soldier on Absence Without Official Leave (AWOL).

“The action of the personnel violates Section 58 (a) (b) Obstruction of Provost Officers and Section 59 (a) (b) Absence Without Leave.

“It must be clarified, that once a personnel is absent from his unit for seven days without any justification, he will be declared on AWOL.

“This automatically triggers the freezing of his salary account, until the personnel returns to unit and is arraigned and sanctioned,” he said.

Nwachukwu further clarified that contrary to the ‘ erroneous impression’ that the soldier was being victimized for converting from Islam to Christianity and for preaching the gospel, he was rather taken into custody for investigation.

He said the disciplinary action was in pursuant of statutory provisions enshrined in the Armed Forces Act CAP 20 Laws of the Federation of Nigeria 2004, which the soldier contravened.

According to him, his detention is therefore not unlawful.

“It is expedient to point out that each and every personnel of the Nigerian army functions under a Corps or Department with stipulated statutory responsibilities manned by qualified personnel trained to effectively execute those duties.

“Hence, religious affairs of the Nigerian army are handled by designated clergy in the Directorates of Chaplain Services (Protestant), (Roman Catholic) and Islamic Affairs.

“Personnel of these directorates are the ones mandated to conduct all religious activities to cater for the spiritual needs of all personnel of the Nigerian army, both in the theatres of operations and within the barracks.

“The question begging for answer is, if the Nigerian army allowed the soldier to change his religion, why then will it victimize him?

“It is ironical therefore, that an institution that promotes the spiritual wellbeing of its personnel is alleged to have detained the soldier for the expression of his faith, even when it is abundantly clear that he has the opportunity to also change his Corps to any of the Army’s Chaplaincy,” Nwachukwu added.

The army spokesman further said that the Nigerian army was guided by ethics, traditions and military laws, which direct personnel on their conducts.

He said that violation of those ideals and statutory stipulations evoke sanctions, irrespective of the faith of the offender.

“Consequently, the Nigerian army denounces the libelous publication capable of causing disaffection amongst personnel as well as bringing disrepute and distractions to it.

“The general public are therefore, enjoined to ignore the baseless report aimed at scoring cheap goal by denigrating an institution totally committed to the restoration of peace and stability in Nigeria.

“The support of the good citizens of this country is paramount to the success of the Nigerian army at this crucial time and not unfounded and unconstructive narrations,” he added.

Source: News Agency of Nigeria

New BOR ‘ll help fight terrorist financing, money laundering – CAC

The Corporate Affairs Commission (CAC) says new Beneficiary Ownership Registrar (BOR) will help the anti-corruption agencies in the fight against money laundering and terrorist financing in the country.

The Registrar-General, CAC, Alhaji Garba Abubakar, made this disclosure at the free training workshop on the use of BOR, organised by the commission in Lagos on Tuesday.

The News Agency of Nigeria (NAN) reports that BOR is a portal to enable users to find the Person with Significant Control (PSC) of any entity when a search is initiated with either of the following parameters: entity’s name, entity’s number, PSC first name, and PSC surname.

Abubakar explained that the Companies and Allied Matters Act (CAMA) had been reviewed and reenacted in 2020, to provide a legal framework to support the BOR.

He noted that this was why CAC was sensitising individuals, corporate organisations and civil societies on the use of BOR, which would further help to support the Federal Government’s anti-corruption drive.

“This is just a training session on the use of the Beneficiary Ownership Register. The register was launched on May 23. This is a public register of Beneficiary Ownership Companies in Nigeria.

“The register was developed and designed in line with Nigeria’s commitment under the open government policy as well as the Extractive Transparency policy initiative to have a central register of Beneficiary Ownership of Companies.

“The register will help the government in the fight against corruption because you can easily tell who wants what in the Nigerian company.

“The register also tells you if the person is a politically exposed person.

“The register will also support the work of our anti-corruption agencies, the civil society and media organisations.

“You can easily query the database to know who wants what and the information is publicly available at no cost to the person that is searching for the information,” he said.

Abubakar said the minimum disclosure of information on its database was put at five per cent of the company’s shares.

The registrar-general added that in some countries, they were not obliged to disclose if a person owned shares less than 25 per cent.

He, however, noted that in Nigeria, various stakeholders had agreed that the disclosure should start from five per cent.

“This means if you have five per cent of shares of any company or control five per cent of the voting rights or you control five per cent of the way a company is being managed.

“Also, if by virtue of your position either within or outside the company you control the appointment of a majority of the directors of that company, then you have to disclose it in the register,” he said.

According to him, the era of using complex structures to hide the actual identity of owners of the company is gone.

He said before the initiative, people hid their ownership using complex arrangements but under the new law, they must disclose the person that actually owned the company at the point of registration.

Abubakar said the era of the owner hiding under another person to control a company was gone because they were required by law to disclose who owns what.

He noted that the law required that a beneficiary must disclose to the company within 30 days, and the company had to file to the CAC within seven days.

According to him, failure to make this disclosure or delay in the submission of the information, then the beneficiary pays a daily default penalty of N10,000 as the defaulting lasts.

Abubakar said if the beneficiary made a wrong or false disclosure knowing fully well that what he or she was submitting was wrong, then that was criminal and on conviction the person was liable to three years imprisonment.

Similarly, Chairman, Nigeria Bar Association, Session of Business Law (NBA-SBL), Dr Adeoye Adefulu, urged his members to adhere strictly to all the laws governing the policy.

Adefulu said they should take notes of sanctions that were related to not providing information on time and not providing the information at all or providing correct or wrongful information.

He said the NBA-SBL would also support members who advised companies across the country on this development of BOR.

Adefulu thanked the registrar-general for the 80 per cent success at the regulatory clinic organised by the CAC.

Participants at the event included lawyers, public analysts, journalists and Civil Society Orgsnisations. (NAN)

Source: News Agency of Nigeria

Former NAPTIP D-G decries dearth of professional golfers

Julie Okah-Donli, a former Director-General, National Agency for the Prohibition of Trafficking in Persons (NAPTIP), on Tuesday decried the dearth of professionals golfers in the country.

She said this on the sideline of the 2023 Children’s Golf Development Clinic, organised by the ladies section of the IBB Golf Club for over 200 children in Abuja.

Okah-Donli, who is also the Vice-Lady Captain, Ladies section of the club, said the idea was conceived to make the children grow up into golf-loving and golf-playing adults.

“We realise that it is easier to play good golf when you start early, as it is easier to be a professional when you start playing golf early.

“We do not have enough pros in Nigeria that can compete with other professionals all over the world.

“So we are trying to grow as many children as possible into professionals, if they so desire,” she said.

Okah-Donli said aside from golf playing, the programme would feature etiquette learning, physical exercise, among other developmental skills, which would be useful to the children’s intellectual development.

Also speaking, Comfort Olateju, Lady Captain, IBB International Golf and Country Club, said the event was targeted at children who had interest in playing the game.

“We are doing this to encourage children and to teach them what the game is all about. We will also select some of them to play the junior open game coming up soon.

“We want them to develop interest in golfing, just like Tiger Woods, who started from a young age and has become great in golf playing,” she said.

Lauretta Okolo, a parent, said the golf clinic does not only help the children to develop intellectually, but it also provided an opportunity for them to make new friends during the holidays.

“This game is a complete game as it does not only help with their physical wellbeing, it also helps the children intellectually.

“They socialise and make new friends, and it is good that the ladies section of the IBB Golf Club has started early with the children.

“This will help them to decide early if they want to play for leisure or professionally in the future,” she said.

One of the children, Jude Chukwu, appreciated the group for organising the golf clinic, adding that the training had exposed him to new skills of playing the game and making new friends.

The News Agency of Nigeria (NAN) reports that the week-long event is tagged “Swinging into Greatness.” (NAN)(www.nannews.ng)

Source: News Agency of Nigeria