News
Border closure avenue to harness new opportunities- Alabi
By Ere-ebi Imisi
The Executive Director Seven Oceans Oil and Gas Limited Mr. Samuel Alabi has stated that the closure of land borders with neighbouring countries is a welcomed development which has the tendency of creating more opportunities for Nigerians.
While reacting to the border closure by the federal government, Mr Alabi noted that the closure cannot have come at a better time than now for business minded people stating that it will afford us the opportunity to harness our untapped potentials.
According to him, some Nigerians may consider this FG action as detrimental but on the contrary he stated that in the long run it will be of immense benefit to Nigerians.
“Why is it a good thing, it is a good thing because with the closure of the border, opportunities that we have been sending outside can now be harvested here in-house’’ he said.
He cited an example on the revenue and job lost on the processing of cashew nut stating that in 2015, Nigeria exported about 170,000 tonnes of raw cashew to other countries.
“I discovered about one hundred and seventy tonnes of raw cashew nut were exported from Nigeria and if juxtapose the amount used in exporting and the fact that we can process those cashew nuts here, we would have created jobs and employed because of the number of persons we would have engaged.
“There are different value chains of the product from salting, peppering, breaking with different ways of spicing cashew nuts but we send these things out. We send them out and they employ other people to do these things and bring them back for us to buy, this is not good for our economy’’ he explained.
Alabi stated that he was aware of the initial discomfort and hike in prices of goods as he however urged young people to embrace this as an avenue to create wealth by filling up the vacuum imported products will generate.
“We are not unaware of the cry in hike of prices on some items, these initial discomfort are intended to spur people. Young business minded people will wake up from their sleep and try to take advantage of increased cost of rice by going into rice farming that will lead to competition. The Christmas season is fast approaching and demand for rice will be on the increase.
“The high cost of rice should encourage people to go into rice farming and there will be rice everywhere, next the number of rice farmers will increase, supply meets demand and once supply meets demand what happens to price it will drop.
“These are simple facts of economics, price will come down. Again, it is a tough time but a good choice”, he said.
Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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Investigations by Nigerian Concord Newspaper reveal that the Executive Secretary of the Nigerian Shippers Council, Mr. Pius Akutah, has allegedly misappropriated public funds for a lavish lifestyle.
According to our findings, within months of assuming office, Akutah allegedly purchased a bulletproof SUV valued at approximately N850 million. In addition, he is reported to have acquired over twenty exotic SUVs for use as a convoy.
Akutah is also said to have acquired multiple high-value properties, including three in Abuja’s Maitama and Asokoro districts worth over N2 billion, and two in Lagos’ Banana Island valued at N1.8 billion. These acquisitions appear far beyond the scope of his official salary and allowances.
Further investigation suggests that Akutah may be using public funds to support political ambitions, including allegedly grooming militants across 23 local government areas in Benue State for a potential 2027 gubernatorial bid.
Staff of the Shippers Council reportedly claim that Akutah frequently accesses the council’s treasury without proper authorization. Some insiders have indicated that a petition will soon be filed with the EFCC, ICPC, and the Presidency to report his alleged misconduct.
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I am writing to felicitate with Your Excellency, Atku Abubakar, GCON, former Vice-President of Nigeria (Zege Mule u Tiv & Wazirin Adamawa)
on the occasion of your 79th birthday anniversary.
I join your teeming admirers globally in celebrating you on this special day, an adorable Statesman and my Boss.
I recall with nostalgia, how countless generations have benefited from your generosity, wealth of experience and benevolence including being my key benefactor even as a young lawyer for my professional success.
Your Excellency, may your special day be filled with grandeur befitting your illustrious career.
I wish you continued success, prosperity, and an unending stream of accolades.
It takes a remarkable kind of fortitude to remain active in public life well into one’s golden years. Your dedication and patriotism remain truly exceptional.
May you enjoy a day of reflection on your many years of fruitful service to humanity. It is my prayer that God Almighty grants you many more healthy, fruitful, and fulfilling years ahead, and continues to endow you with wisdom, strength, and the grace to keep contributing to our nation-building.
Happy Birthday, Your Excellency.
Michael Kaase Aondoakaa SAN.
Former Attorney General of the Federation and Minister of Justice
TAU reaffirms commitment to globally competitive learning
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