The Voice Newsmagazine

Business

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Some three decades ago, The Netherlands African Business Council was formed to harness Dutch support towards boosting economic growth, trade, and investment in Africa. The NABC promotes trade and investments in African countries. The council consists of Dutch companies and organisations with an interest in Africa and promotes The Netherlands’ private business, trade and investment programmes on the continent.
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Irene Visser: NABC Managing Director

The Dutch government has allocated almost €600 million for the next two years to the Dutch Good Growth Fund to promote development-related investment in and trade with developing countries. The main focus is to assist small and medium-sized enterprises (SMEs) in both developing countries and the Netherlands.

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When the news filtered in that Dr. Babatunde Fowler has been appointed Acting Executive Chairman of Federal Inland Revenue Service (FIRS) by President Buhari. This, again, is an indication that President Buhari has indeed resolved to put a square peg in a square hole.

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Young African artists make some fantastic work, many talented people however do not get the exposure or possibilities they need to be able to exhibit and sell their work to an audience that is willing and able to buy and invest in their art. UAAF, a non-profit organization, aims at linking these artists in Africa and buyers in the Netherlands to offer these young artists a better chance for using and keeping their talents.

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President Muhammadu Buhari said that his administration will give the fullest possible attention to boosting power supply in Nigeria because it was convinced that steady electricity will launch the country into faster socio-economic development.

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Speaking after being briefed by the Permanent Secretary, Federal Ministry of Power, Ambassador Godknows Igali, President Buhari said that his administration  had already identified the critical problems in Nigeria's power sector and was taking appropriate actions to address them.

The President said  that his administration had also prioritized certain measures in its action plan to  boost electricity supply in Nigeria.

"The problems besetting our power sector are not difficult to identify. Therefore, priorities can be easily set in order to tackle them.

"The problems are more with transmission than generation, and we equally need to secure the power infrastructure round the country.

"We will address all these issues," the President assured.

Ambassador Igali told the President that power generation in Nigeria which  was 1,750 MW in 1999,  had now peaked at 4,600 MW.
He added that gas was available to take generation to 5,500 MW in a short time, but that the country needed to expand its electricity  infrastructure to accommodate additional power generation.

Femi Adesina

Special Adviser to the President

(Media & Publicity)

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Culled from Vanguard and written by Sam Eyoboka
 
ALILE 2Born on April 24, 1940, Apostle Hayford Alile briefly attended University of Ibadan as a scholar in physics and thereafter proceeded to Howard University, Washington DC, where he earned his B.A. degree in economics and mathematics. He later attended Rutgers Graduate School of Management, New Jersey, USA for his MBA programme before proceeding to the Harvard Business School where he bagged his AMP.  
Alile’s rich working history began as an economic and financial consultant to Louis Berger Inc, East Orange, New Jersey, USA in
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