Rep Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reaffirmed Nigeria’s unwavering commitment to the One-China Policy. The Committee Chairman made this statement in Abuja on Tuesday, responding to remarks attributed to Andy Yih-Ping Liu, Head of Taiwan’s Trade Mission in Nigeria. Yakubu emphasised that Nigeria recognized Taiwan as…
Some financial experts have said the 14 per cent trade tariff imposed by the United States Government on Nigeria threatens the African Growth and Opportunity Act (AGOA). In separate interviews with the News Agency of Nigeria (NAN) in Ibadan on Monday, the experts added that the tariff would also affect the duty-free provision. Dr Olumuyiwa…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has raised alarms about potential risks linked to the Naira-for-crude oil policy. The association warned that the policy could jeopardise Nigeria’s foreign exchange stability and discourage Foreign Direct Investment (FDI) inflows. Olufemi Adewole, Executive Secretary of DAPPMAN, expressed these concerns in a statement issued on…
Mr Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has called on West African nations to align their policies and work towards creating a harmonised Liquefied Petroleum Gas market that ensures affordability and accessibility across borders. Speaking at the ongoing 6th West African LPG Expo in Lagos on Monday, Ekpo emphasised that regional cooperation…
