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Bulgaria News Agency, NAN partner to deepen media relations



Bulgaria and Nigeria Flags

The Bulgaria News Agency (BNA) and the News Agency of Nigeria (NAN) are set to partner to further deepen 57 years of the diplomatic relations between Bulgaria and Nigeria.

Mr Yanko Yordanov, Amb. of Bulgaria to Nigeria, disclosed this during his courtesy visit to the Managing Director of NAN, Mr Buki Ponle, on Monday in Abuja.

He noted that much would be learnt about both countries when the partnership became fully implemented, after the signing of Memorandum of Understanding (MoU) by both agencies.

According to him, the partnership will be centred on what Bulgaria and Nigeria could do together, in very important areas of cooperation through the exchange of news.

Yordanov said: “Bulgaria and Nigeria have witnessed a very long history of friendship and cooperation, which dates back to 57 years ago; these years both countries enjoyed fruitful cooperation.

“Now in Bulgaria, we remember those days and definitely want to get them back to reality, we believe that media contact is an important dimension for cooperation between BNA and NAN.

“So, I am here to express my satisfaction as an Ambassador and finalise the agreement between BNA and NAN, and to extend the regards of the Director General of BNA to you.

“If agreeable in December this agreement can come in to force through signing of MoU; the importance of this document relates not only to the whole perception about cooperation between our countries.

“So, we believe now NAN will present its narrative on what is going on in Nigeria to Bulgaria and vice versa, BNA will offer you our presentation of events in Bulgaria”.

He described the MoU, which would be signed sometime in December 2021, to be timely, saying it will form an important tool for strengthening cooperation between Bulgaria and Nigeria.

“When it enters into force, it will bolster trade between Bulgaria business operators and Nigerians, promote economic cooperation, strengthen institutions in terms of security, agriculture.

“I am very happy to be one mediating between BNA and NAN; hopefully this cooperation will be fruitful and will develop our both nations,” he said.

Responding, Ponle stated that since NAN was established by the Federal Government, it operated in tandem with its mandate on reporting news responsibly and objectively about Nigeria and Nigerians.

He said that since NAN commenced operations in 1978, it established stations located within Africa, Europe, Asia and America, but due to paucity of funds the foreign stations were reduced to three.

According to him, one each are functional in South Africa, Cote d’Ivoire and New York; adding that plans are underway to open more offices, maybe this time around in Bulgaria.

“We want to strengthen our force and we want to resonate not only in Nigeria, but all over the world, as the largest news content producer in Africa, because it is strategic.

“We know Bulgaria in terms of trade, investment and culture, and these are things we want to project to Nigerians and other areas in the world.

“So much has been said about negative perceptions about Nigeria, but when you come into the country you are convinced that the opposite is the case,” Ponle said.

“Yes, there can be challenges which we are trying to overcome, very soon all these spate of kidnapping and banditry will be over.

“The Federal Government is on top of the situation and to deal decisively with the situation to end the vices,” Ponle said.

He noted that NAN evolved into a cutting-edge News Agency and has offices across the country with many subscribers that mostly consist of foreign news agencies where it exchanges news items.

He disclosed that the agency planned to expand its frontiers to meet new age operations and to strengthen its media relationship, adding that it is not going to be business as usual.

He, however, said that the agency is focused on all issues of topical interest within and outside Nigeria, saying when the partnership comes into full operation both countries will mutually benefit.

The high point of the event was the presentation of a literary gift by Yordanov to Ponle. (NAN)


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Economic: Osinkolu Assures Nigerians Of Better Days Ahead 



Dr Olusegun Osinkolu


A financial expert, Dr Olusegun Osinkolu has appealed to Nigerians to exercise patients with the economic team put together by President Bola Tinubu, noting that relief will soon come.

Osinkolu assured that Nigeria will soon witness a great turn around by the time the economic team swings into full action.

“we will heave a sign of relief soon as the story would change for better”.

The Ayede-Ekiti born All Progressives Congress (APC) Chieftain in a statement issued on Friday and released to newsmen, described the appointments of the Central Bank of Nigeria Governor, Yemi Cardoso and Minister of Finance, Wale Edun as a round peg in a round hole.

Osinkolu, who was a banker of repute, described them as gentlemen and men of integrity, who are masters on their field of appointments.

He commended President Bola Tinubu for the appointments, describing it as well deserved and has raised the bar and shown that competence is the parameter for public service.

“I want to formally thank President Bola Tinubu for considering the duo of the CBN Governor and Finance Minister for their appointment.

I commend his open-mindedness to embrace and usher in vibrant patriots into the national mainstream politics.

“I wish to state that their appointment is not only well deserving, but also falls in line with Mr. President’s penchant for talent discovery that has characterised his bold and giant strides in Lagos state and the nation at large.

“I affirm that this particular appointment is a round peg in a round hole,”he stated.

He urged the duo of the CBN Governor and finance minister to focus on the vision and mission of Mr President, by refocusing through their short, medium and long term measures.

He assured Nigerians that the CBN and it’s Finance ministry under their watch will operate transparent monetary policies, while his administration will not tolerate and work towards correcting the errors made by past administrations.

He further urged the duo to comply with all constitutional duties and ensure that financial policies of the country are of international standard and in support of the Tinubu-led administration.

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Senator Natasha lauds NDDC, NLNG partnership on local content



Senator Natasha Akpoti-Uduaghan

Senator Natasha Akpoti-Uduaghan, lawmaker representing Kogi Central senatorial district has commended the pact between Niger Delta Development Commission (NDDC) and Nigeria LNG Limited (NLNG), to develop local content capacity.

Both NDDC and NLNG recently signed a Memorandum of Understanding (MoU) to leverage shared aspirations and collaborate on diverse fronts in the delivery of sustainable development projects in the region.

Reacting, Senator Natasha urged NDDC to consider the need to be the primary recruiters of their trained workforce to achieve effective service delivery.

She gave the charge on Thursday during an interactive session between Senate Committee on Local Content and the NDDC Managing Director, Samuel Ogbuku.

As the Chair, Local Content Committee, Natasha tasked the NDDC on the need to not only build capacity and equip their workforce but also engage them efficiently.

“NDDC should consider being the primary recruiters of their trained workforce. Artisans or skilled professionals such as ICT workers can be absorbed by NDDC contractors, which in turn, will enable the commission reach the most vulnerable and neglected youth,” she said.

She also pledged to partner with NDDC on building a database of artisans within the country to strengthen the workforce and by extension achieve microeconomic growth for Nigeria.

“Local Content Committee intends to deploy innovative thinking for positive results, thus, we are building a database of carefully profiled artisans who have been trained by NDDC, SMEDAN, etc.; and work modalities to have the oil & gas companies, as well as government contractors, recruit from the pool of verified workforce.

“This would help curb unemployment by keeping the jobs locally. Such a project would also help the Local content board, NDDC and other agencies monitor and evaluate the performance of our collective capacity-building efforts towards achieving a common microeconomic growth for Nigeria and Africa at large,” she added.

In his remarks, the NDDC MD accepted her proposal and looks forward to a synergy with the Local Content Committee to develop strategies, and in turn, engage trained workforce for employment opportunities.


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Update: 2024 Appropriation Bill Passes Second Reading At House Of Reps



House of Rep in Session

The House of Representatives has passed the N27.5 trillion 2024 budget for a second reading.

The House leader, Julius Ihonvbere, on Thursday, November 30, while leading the debate on the general principles of the budget, commended President Bola Tinubu.

Ihonvbere noted that national security and education which got significant allocations will be enhanced if implemented.

He said, “Nigeria will be more secure with the allocation to defence and security. As a teacher, I am impressed by the emphasis on basic education. I am sure that education will be better off this time.”


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