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$600m Export Wave Signals New Era In Nigeria–Vietnam Economic Relations
According to Nivo News, the President of the Nigeria-Vietnam Chamber of Commerce and Industry (NVCCI) and Principal Consultant at Secure Trust Consulting Limited, Mr. Oye Akinsemoyin, has revealed that trade between Nigeria and Vietnam has now exceeded $1 billion annually, with Nigeria holding the larger share of exports valued at about $600 million.....KINDLY READ THE FULL STORY HERE▶
Speaking on the growth of the chamber, Akinsemoyin recounted how the initiative to establish the NVCCI began in 2007 with just four individuals, including himself and the then Vietnamese trade consul, Mr. Kong. What started as a $50 million trade relationship has grown remarkably to over $1 billion, driven by Nigeria’s export of primary products such as raw cashew nuts, coconuts, ginger, and corn.
Akinsemoyin explained that Vietnam has also contributed significantly to Nigeria’s development, particularly in maritime training and information technology. Vietnamese institutions have trained Nigerian seafarers, while technology collaborations are being developed with FPT University in Vietnam and the University of Lagos to establish research and production units for microchips and semiconductors.
To address the challenge of exporting raw materials, Akinsemoyin noted that efforts are underway to attract Vietnamese companies to invest in processing Nigerian commodities locally. Joint ventures are emerging in cashew and cotton processing, while research is ongoing with the Federal Institute of Industrial Research in Oshodi to develop drying machines for cashew nuts, ensuring consistent quality and reducing post-harvest losses.
On food security, he emphasized that Nigeria has much to learn from Vietnam’s transformation from food scarcity to becoming a global leader in rice, coffee, seafood, and pepper exports. Vietnam achieved this largely through micro, small, and medium enterprises (MSMEs), which now generate about $72 billion annually. The NVCCI is working with the Nigerian government to replicate this model, holding bilateral talks with Vietnamese stakeholders on agriculture, marine economy, digital technology, and youth employment.
With an invitation extended to President Bola Tinubu by his Vietnamese counterpart, Akinsemoyin advised that the visit should focus on strengthening cooperation in food security, maritime development, and digital innovation, areas where Vietnam has a clear comparative advantage. He also highlighted the chamber’s achievements over the past 18 years, including its landmark partnership with the Vietnam Chamber of Commerce and Industry (VCCI), successful trade missions, and ongoing negotiations to establish a Vietnamese confectionery processing plant in Nigeria.
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FROM BEHIND BARS! Uwazuruike Drops Bombshell: Nnamdi Kanu Is Recruiting Igbo Youth For Violence From Prison!.
Ralph Uwazuruike, an agitator for the Biafran nation, has accused Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), of continuing to recruit Igbo youths for violent activities from his prison cell in Sokoto. Uwazuruike claims that this ongoing recruitment is directly responsible for the deaths of many young people.....KINDLY READ THE FULL STORY HERE▶
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Call to Action: He urged Igbo leaders and the pan-Igbo organization, Ohanaeze Ndigbo, to travel to Sokoto to demand that Kanu cease his recruitment efforts.
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Opposition to Violence: Uwazuruike emphasized his own aversion to violence and questioned how someone serving a life sentence for terrorism can continue to mobilize youths for such causes.
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Advocacy for Amnesty: He questioned why IPOB members cannot renounce violence and seek government amnesty and rehabilitation, similar to the programs offered to repentant terrorists and bandits in northern Nigeria.
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Context of Allegations: Uwazuruike’s comments appear to be prompted by recent social media videos featuring hooded, armed militants who claim loyalty to Kanu and threaten further violence in the South East to secure his release.
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Leadership Changes: These concerns also follow reports that Kanu has restructured his leadership team from prison and initiated a vague “100-man-project”.
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THE VIRAL REBUTTAL! APC Chieftain Ayekooto Fires Back: Remi Tinubu’s Advice Was Not For Yahoo-Boys Or Obidients!.
APC chieftain Ayekooto Akindele has defended First Lady Remi Tinubu regarding her controversial advice to women about engaging in small-scale businesses, such as selling roasted corn, akara, and kuli-kuli. Akindele clarified that this guidance was not intended for internet fraudsters or supporters of Peter Obi.....KINDLY READ THE FULL STORY HERE▶
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Target Audience: The advice was specifically aimed at individuals living at or below the poverty line who seek to earn an honest living while maintaining their dignity.
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Defense of Small Businesses: Akindele argued that the businesses mentioned by the First Lady are daily necessities patronized by almost every household in Nigeria.
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Critique of Critics: He claimed that those criticizing the advice, including “Yahoo-boys” and “ObiDENTs,” view such work as beneath them because they aspire to high-level trade like selling cars, rather than starting with small-scale ventures.
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Advocacy for Honest Labor: The APC chieftain emphasized that these small enterprises provide a path to earning a livelihood without resorting to immoral activities or cybercrime.
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has expressed deep sorrow and shock over the assassination of its Benue State Chairman, Ardo Risku, and is demanding that security agencies launch a comprehensive investigation to ensure the perpetrators face justice.....KINDLY READ THE FULL STORY HERE▶
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Context of the Attack: MACBAN reported that Risku was killed shortly after attending a security meeting requested by Ohimini Local Government officials to discuss regional peace and stability.
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The Incident: Approximately an hour after the meeting, Risku and an associate were intercepted and fatally shot in Okudu village.
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Premeditation Concerns: The association views the killing as a “dastardly and deeply disturbing act” and highlighted that the timing, immediately following a peace-oriented security meeting, suggests the attack may have been premeditated.
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Pattern of Violence: MACBAN noted that this incident follows a recent attack on the deceased’s son, a lawyer, in a village last week, further supporting the need for a thorough and transparent investigation.
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Broader Impact: The association emphasized that targeting community leaders and peace advocates actively sabotages efforts toward dialogue and peaceful coexistence.
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Commitment to Peace: Despite this tragedy, MACBAN reaffirmed its dedication to collaborating with government and security institutions to resolve national security concerns and offered condolences to the victim’s family and the Benue State chapter.
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