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Information Minister, Lai Lauds Collaboration Between Nollywood, Bollywood 

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Information Minister, Lai Lauds Collaboration Between Nollywood, Bollywood

Collaboration between Nigeria and India in the creative industry has been lauded by the Minister of Information and Culture, Alhaji Lai Mohammed.

The Minister said the collaboration has begun to yield fruit, with the impending launch of the all Nigerian-Indian cast movies, entitled “Post Card from India”.

The Minister made the remarks in Abuja on Thursday when he received the Indian High Commissioner to Nigeria, Mr. Shri Balasubra Maniam, on a courtesy visit.

He said the Ministry is at the forefront of bringing together Bollywood producers, actors and promoters to interact and exchange ideas with their Nigerian counterparts in Nollywood, as India and Nigeria are the two powerhouses in the creative industry.

In his words: “I am glad that the recent collaboration between Nigeria and India in the area of culture, industry, film and music has yielded fruits.  I am glad that the recent film, ‘Post Card from India,’ which was actually shot in India, will be coming out in July this year.”

Alhaji Mohammed said the Nigerian Government has offered land to Indian investors in Abuja and Lagos to build a comprehensive film city in either of the two cities in order to further deepen the economy of the creative industry.

The minister stated that a team of Indian investors last August inspected the Millenium Tower Complex, which would be an iconic cultural centre in Abuja when completed.

He pledged the readiness of the ministry to sign some of the outstanding Memoranda of Understanding with India to strengthen and deepen the relationship between the two countries in the creative sector.

He stressed the need for the governments of India and Nigeria to open windows of opportunities for the private sector of both countries to forge new ties beyond government-to-government bilateral relations.

“I think the success of the India-Nigeria relationship is not just government-to-government.  I think government-to-business and business-to-business have been the major drivers of this relationship and I want at this point to commend the effort of Mr. Jitendra Sachdeva of the Skipper Group, who led a delegation of investors to Nigeria in August last year.

“I think that’s a model we should emulate and encourage because the business sector and business movers are even faster to open up and cut down barriers more than the government at times,” he said.

Reacting, the Indian High Commissioner to Nigeria, Mr Balasubra, who traced the bilateral ties between Nigeria and India back to 1958, said the new film, “Post Card from India,” with Nigerian and Indian cast, would showcase the composite cultures between the two countries.

He said the outstanding MoUs on Joint Film Production and Cultural Exchange Programme would further solidify the cultural ties between Nigeria and India.

Economy

Sanitary Pads: Reps Query Minister Over N65m Spent On New Year Party, Others

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 The Minister of Women Affairs, Mrs Uju Kennedy-Ohaneye has drawn the ire of the House of Representatives following the unguarded manner she allegedly spent monies which included expenditures of N45 million for a New Year party and, N20 million for sanitary pads.

The House of Representatives which has now queried the minister, also frowned on her other unrelated expenditure which includes N1.5 million for vehicle fuel.

Rep. Kafilat Ogbara, Chairman, House Committee on Women Affairs, led the interrogation of the Minister, over the non-payment of N1.5 billion to contractors despite the fund release in Abuja.

She said that the investigative hearing was aimed at uncovering the truth and not witch-hunting the Minister and the officials of the ministry.

The committee also investigated the alleged diversion of funds meant for contractor payments, following a petition from contractors.

The committee also sought clarification on funds appropriated for the African First Lady’s mission and the whereabouts of the N1.5 billion meant for contractor payments.

The minister however denied the allegations of misappropriation, overspending, and non-payment to contractors.

The procurement officer confirmed contractors’ claims, and the Director of Finance and Administration acknowledged only paying approved contracts.

It would be recalled that the committee had at its last sitting summoned the minister to appear before it to explain the rationale behind the non-payment.

The committee also ordered the stoppage of all 2024 contract processes by the Ministry of Women’s Affairs until the whereabouts of the money for the said contracts are determined

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Economy

LASU: Town, Meets Gown Next Tuesday, To Make Rails Transportation More Meaningful

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LASU: Town, Meets Gown Next Tuesday, To Make Rails Transportation More Meaning

…NRC Boss, Engr. Okhiria is Pointman

The Town and the Gown will on Tuesday converge at the Lagos State University (LASU), in a mutual fusion of quality and sustainable ideas, as the Managing Director, Nigeria Railways Corporation speaks on where the eggheads necessarily need to intervene, for the overall benefit of the nation.

NRC Boosts Passenger- Safety With  Strong Armed Forces Collaboration 
Engr. Fidet-Okhiria

Prof. Bamidele Badejo who is now back in LASU, confirmed this to the Maritime First, highlighting that Engr. Freeborn Okhiria would meticulously dissect a critical issue, titled: ‘From Exclusive Clause To Concurrent List: Potency for sustainable rail infrastructure development in Nigeria and the Lagos State example.

Oluwaseun Osiyemi, the Lagos State Commissioner of Transport, will be in attendance; at an event which will flag off by noon prompt, Tuesday 16th, July 2024, at the Femi Gbajabiamila Conference Centre.

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Economy

Reps Probe Cbn’s N1.12trn Anchor Borrowers Scheme, NIRSAL’s N215b Loan

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Reps Probe Cbn’s N1.12trn Anchor Borrowers Scheme, NIRSAL’s N215b Loan

The House of Representatives has ordered probes into the N1.12 trillion anchor borrowers scheme, an initiative of the Federal Government’s interventions and agricultural funding through the Central Bank of Nigeria (CBN).

Also included in the probe are the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), the Bank of Industry (BoI) and other agencies.

The resolution followed the adoption of a motion by Rep. Chike Okafor (APC-Imo) on the floor of the House in Abuja on Tuesday.

Presenting his motion, Okafor linked the growing food scarcity and malnutrition in Nigeria to the alleged mismanagement of agricultural funds intended for agricultural development in the country.

He said the Federal Government had expended N8 trillion in 8 years on various schemes and interventions in the last eight years with the view of making food available for millions of Nigerians.

He added that the alleged mismanagement, misapplication of funds and abuse of the programmes had left Nigeria with the twin challenges of food scarcity and malnutrition.

Okafor said that funds advanced to end users of the various Federal Government interventions had also been allegedly misused, misapplied and channelled to non-farming and non-agricultural purposes.

This, he said, was responsible for the current acute scarcity of food in the country.

Adopting the motion, the House mandated the Committee on Nutrition and Food Security as well as the Committee on Agricultural Production and Services; Agricultural Colleges and Institutions and Finance, to probe

The Committees were mandated to thoroughly investigate CBN’s alleged mismanagement of the Anchor Borrowers Program (ABP) for which ₦1.12 trillion was to be disbursed to 4.67 million farmers.

The farmers were said to be involved in either maize, rice or wheat farming through 563 anchors.

The committees are to look into NIRSAL’s disbursement of ₦215,066,980,274.52, to facilitate agriculture and agribusinesses.

The House gave the committees four weeks to report back to the House.

The house also mandated the committees to equally assess how the Bank of Industry (BOI) disbursed N3 billion to 22,120 smallholder farmers through the Agriculture Value Chain Financing (AVCF) Programme.

The committee is also to investigate the handling of the N5 billion loan facility to the Bank of Agriculture (BOA) for livestock farmers across the country.

This will include the management of the National Agricultural Development N1.6 billion Recovery Fund for the Ginger Blight Epidemics Central Taskforce (GBECT).

This is for the control of Blight disease in Ginger, among other interventions. 

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ADEBAYO SARUMI: Doyen of Maritime Industry Marks 80th Anniversary, Saturday 

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