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NACOTAN commends CBN efforts in resuscitating cotton, textile and germent sector

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The National Cotton Association of Nigeria has commended the Central Bank of Nigeria for its efforts toward boosting the cotton farming in the country.

The association stated this during a brief inspection of the cotton aggregation centre in Nasara Agro Allied, Gombe State by its Second National Vice President, Alh. Musa Yahaya who is also superintending the recent intervention programme of the CBN in cotton farming across Gombe, Adamawa and Taraba States respectively in order to boost cotton farming in the mentioned states.

Alh. Musa Yahaya said that the intervention by the CBN was to enable the members of the association embark on massive production of cotton in the states.

The second VP explained that the Central Bank of Nigeria has injected billions of Naira in the country’s cotton sector out of which N6.4 billion was allocated to Gombe, Adamawa and Taraba States where he is supritending.

“The N6.4 billion injected was to strengthen the 28, 000 member of the NACOTAN in Gombe, Adamawa and Taraba states” out of 116 thousands across the other states of the nation, he noted.

While inspecting the aggregation centre, Musa Yahaya said that the intervention by the CBN is commendable because the result has started showing as the centre has been filled up with thousand tonnes of cotton.

Musa Yahaya said that the programme and the intervention has revealed the strength of the Northeast part of Nigeria in Cotton farming in which the region is contributing immensly to the Cotton, Textile and Garment (CTG) industries across Nigeria.

He equally commended the leadership of the National Cotton Association of Nigeria for their efforts in ensuring the smooth running of the programme by fully cooperating with all and sundry.

Yahay also commended and thanked the members of the association for gearing up toward meeting the goal of the CBN to boost cotton farming in the country. “Our members most be commended for their commitment in ensuring the smooth running of this programme and meeting up to the CBN targets of getting 28, 000 tonnes of cotton from them”, he said.


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First all-female mechanic workshop opens in Sokoto

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The Director-General of the National Automotive Design and Development Council, NADDC, Jelani Aliyu, has commissioned the first female mechanic workshop in Sokoto State.

The workshop is a private initiative of NANA Girls and Women Empowerment Initiative, aimed at breaking the gender stereotype in car repairs and maintenance.

Speaking at the occasion, Mr Aliyu congratulated the newly trained female mechanics, urging them to work hard in order to achieve greater heights.

He said: “I am proud that this is happening right here. This is really big, it is the type of news that needs to be read in international magazines and be seen on places like CNN,

“When we do this we are not just empowering women or girls, we are empowering the very fabric of society and humanity.

“I’m very delighted that this is happening and to see this being spearheaded here is truly amazing,” he added.


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Abuja, Ibadan, Zaria, others shut down as fuel scarcity bites harder

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Scarcity of the Premium Motor Spirit (PMS) petrol on Monday persisted in the Federal Capital Territory (FCT), Abuja.

Aside Abuja, cities including Ibadan, Zaria and others are experiencing hard times with the scarcity of fuel.

While some of the outlets were under lock and key, other opened were not selling petrol.

The Nigerian National Petroleum Corporation (NNPC) had said plans are not underway to increase the price in this month of March 2021.

Warning the marketers to desist from hoarding the product, it urged the consumers not to engage in panic buying of the product.

According to the statement that the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru issued, NNPC has enough stock of petrol that can supply the nation for over 40 days.

It urged the relevant monitoring agencies to sanction hoarders and those that hike the pump price arbitrarily.

He said: “The Corporation stated that it has enough stock of petrol to keep the nation well supplied for over 40 days and urged motorists to avoid panic buying.

It further called on relevant regulatory authorities to step up monitoring of the activities of marketers with a view to sanctioning those involved in products hoarding or arbitrary increase of pump price”.

The Independent Petroleum Marketers Association of Nigeria (IPMAN), National Vice President, Alhaji Abubakar Maigandi, insisted that the private depots had no product and were not selling to marketers.

According to him, NNPC depots were also not selling to the marketers.

He challenged the corporation to use this week to prove petrol availability to the consumers.


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Breaking: Makinde reopens Shasha market

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Oyo state Governor Seyi Makinde on Tuesday announced immediate reopening  of the Shasha market in Ibadan shut down during the bloody clash between Hausa and Yoruba traders two weeks ago.

The governor stated this at a meeting with the leaders of the Hausa and Yoruba warring communities at the state Government, House of Chiefs, Secretariat, Agodi, Ibadan.

Governor Makinde pointed out that the decision to reopen the market was necessitated by the declining economic situation and the peculiarities associated with the state, and that he would reopen the market for the traders to continue with their commercial activities.

More to come…


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