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Poultry Association warns of 10% job losses

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The Lagos Chapter of the Poultry Association of Nigeria (PAN) has warned that Nigeria may likely witness 10% job losses if the immediate problems facing the sector including the rising cost of feeds are not addressed by the federal government.

This was disclosed by PAN’s Lagos chapter Chairman, Mr Godwin Egbebe, in Lagos on Thursday, according to the News Agency of Nigeria.

What the Association is saying about Poultry feed

“If the growing price of poultry feed and a host of other challenges in the sector continue, 10% of Nigerians may lose their jobs as poultry farmers continue to shut down across the country.

The situation on ground is that the poultry sector is actually at risk because of the growing prices of poultry feed.

The situation has made a lot of poultry farmers to close shop because of the problems in the sector.

Mr Egegbe added that some farmers have called it quits and have started advertising to sell their cages off because they want to close their businesses, he urged the FG to take the problems in the poultry sector very serious.

“It is like they are not taking us serious the way they take the problems in the cattle sector,” he said.

“The kind of employment that the poultry sector gives to Nigeria, the cattle sector cannot give such but the government is not taking the poultry sector serious.

We want the government to do all they can to intervene in the sector so that these poultry farms do not become grounded.

This is because if they do, about 10% of the population will lose their jobs.

He stated that prices cannot keep rising as customers were barely managing to buy poultry products because of the current high prices leading to an egg glut in the market.

What you should know

In a bid to support poultry farmers in Nigeria, Our source reported last month that the Central Bank of Nigeria (CBN), moved to crash the price of maize as it has approved the release of 50,000 metric tonnes of maize to 12 major producers, from the strategic maize reserve (SMR) under its Anchor Borrowers’ Programme (ABP).

The apex bank said that the release was to enable moderation and price control in the Nigerian market adding that the action, the third of such releases to the companies, was intended to check activities of middlemen that cause hoarding and artificial scarcity.

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Building learning culture is difficult when the environment is not conducive – Nestle Nigeria

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Building a learning culture in early childhood is difficult when the environment is not conducive.

This was stated by Nestle Nigeria through its Corporate Communications and Public Affairs Manager, Mrs. Victoria Uwadoka, on Saturday while commissioning a fully equipped block of 3 classrooms renovated in Salvation Army Primary School 1, Agbara, Ogun state.

According to her, the pupils will now enjoy a more conducive environment with the commissioning of the block, as this is part of a project comprising 2 blocks of 5 classrooms and a crèche.

She said, “Building a learning culture in early childhood is difficult when the environment is not conducive. This is why we are committed to improving facilities in the schools closest to our operations. Strong in the belief that access to quality education increases opportunities for a better quality of life, Nestlé Nigeria has invested in enhancing infrastructure in public schools, reaching over 4,000 children in Ogun State and Abaji in the FCT in the past 3 years alone.

“The company achieves its objective of building thriving communities in collaboration with the State Universal Basic Education Boards to support government’s efforts to reposition the education sector for improved performance.”

This fact was appreciated by the Executive Secretary of the Ogun State Universal Basic Education Board, Mr. Olalekan Kuye who said, “I specially commend Nestlé Nigeria PLC for this laudable intervention which complements our collective drive to further improve the state of our learning environment. These projects are also unique and in accordance with recommended standards.

“I charge the school, management committee and community development association and our esteemed learners to judiciously utilize and ensure that the buildings are well secured and preserved for continuous use.”

In his comments at the project handover ceremony, the Alagbara of Agbara, HRM Oba Lukman Jayeola Agunbiade said, “I am delighted that the commissioning of the classroom blocks renovated by Nestlé Nigeria is taking place during the celebration of my 5th year in office as the Alagbara of the illustrious Agbara community.

“I sincerely appreciate Nestlé for remaining a responsible member of this community, and for investing in improving teaching and learning facilities in Salvation Army Primary School among others. I am therefore pleased to receive this project on behalf of my people.”

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The future lies in a knowledge-based economy – Sanusi

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A former governor of the Central Bank of Nigeria, Alhaji Muhammad Sanusi, has said that Nigeria’s future lies in a knowledge-based economy.

This, he disclosed at the closing ceremony of the Kaduna Investment Summit, tagged KadInvest 6.0, according to Daily Trust.

What the former CBN governor said

Sanusi said the future lies in a knowledge-based economy, adding that Nigeria is behind many African countries in innovation index.

“Only eight of every 100 Nigerians who start primary school complete university.

“Globally, work is being redefined; 30 to 40 per cent of workers in developed economies will need to significantly upgrade their skills by 2030. And what are the major drivers of this redefinition? ICT and remote working, which we have seen even here with COVID-19.

“There is increased automation and artificial intelligence. Very soon, robot will take over work in most countries and those who would have job are those who operate the robots, manufacture the robots or service the robots.”

He stated that Nigeria can not continue depending on revenue from oil as the world economy is slowing moving away from oil into alternative energy sources.

“A few months ago, Germany was able to produce enough renewable energy for the entire country’s need. Today, we are having difficulties selling Nigerian oil. So, not only are we having problems producing, even when we produce, the market is not there.

“So, this is forcing a change, and for us a country that depends on oil, things need to change.”

He, however, stressed the need for skill creation for the young people which will create enabling environment for economic growth and development.

“Data is one of the most crucial support that can be given to entrepreneurs for innovation,” he said.

While calling on government to encourage market access, he said, “If Kaduna state government continues with its e-government plan, it will be a big market itself and it will encourage investment which are all knowledge economy aspiration and a shift in government spending to match the priority.”

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Nigeria Railway: FG leveraging alternatives to fund railway development – Amaechi

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The Federal Government through the Minister of Transportation, Rotimi Amaechi, revealed that it is leveraging alternative funding mechanisms to rehabilitate old rail lines and modernise the rail system in line with its 25-year strategic vision.

The Minister disclosed this at the 2021 annual public lecture organised by the Department of Economics, Faculty of Social Science, University of Lagos, Akoka, themed “Nigeria’s National Rail Transport Project,” reported by the News Agency of Nigeria.

He said the FG recovered most of the failed locations on the Narrow Gauge corridor and is also taking precautions in the Environment Impact Assessment (EIA) report on the standard gauge corridors. He stated that the establishment of rail projects was aimed at reducing the cost of transportation and boosting the economy; since economic activities drive development in any country.

He also added that all the regions in the country would have been connected with rail transportation but for lack of sustainable funding plan, environmental issues, degenerated infrastructure, theft of railway materials and obsolete legal framework.

“The railway project is affected by decline of requisite railway professionals, indiscriminate disposal of refuse on railway right of way by citizens among others,” he said.

The minister urged community leaders and civil society organisations to join in the fight against vandalisation of railway infrastructure across the country.

Unilag Vice-Chancellor, Prof. Oluwatoyin Ogundipe, said when transport systems are efficient, they provide economic and social opportunities and benefits that result in positive multiplier effects such as better access to markets, employment, and additional investments.

“Availability of railway also plays an important role in reducing regional disparities and improving the competitiveness of regions, by facilitating trade, movement of labour, and economies of scale.

“In a vast country like ours, where the population are not only scattered all over the country but are also separated by desert, forest, valley and mountains, efficient, reliable, and cheap means of transportation like modern railway networks are essential,” Ogundipe said.

What you should know

Recall that it was reported in July that the Minister of Transport, Rotimi Amaechi, revealed that the Federal Government has committed the sum of $280 million for the $1.2 billion Kaduna-Kano rail project which is set to begin this month.

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