Okonjo-Iweala: My First 30 Months at WTO Have Been Exciting, Challenging Tasks African countries on AfCFTA Iceland donates CHF500,000 to WTO fisheries funding mechanism Obinna Chima in Geneva Director-General of World Trade
Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday, described her first 30 months as head of the
global trade body as exciting and challenging. Responding to a question by
THISDAY during a media briefing on the side-lines of the ongoing WTO’s “Public Forum” in Geneva,
Switzerland, Okonjo-Iweala said she felt “charged up, ready to go” and deliver results for people whenever
it involved the WTO. Continued on page 16
Tinubu Directs CBN to Hold Quarterly Meetings with Airlines to Resolve FX Issues... Page 16 Thursday 14 September, 2023 Vol 28. No 10382. Price: N250
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Sanwo-Olu Swears in 37 Commissioners, Special Advisers... Page 35
NYT: Adeyemo, US Deputy Treasury Secretary to Visit Nigeria to Bolster Economic Ties The Joe Biden administration is dispatching the United States Deputy Treasury Secretary, Wally Adeyemo, to Nigeria next week as
it seeks to deepen economic ties with Africa and counter China’s influence on the continent. According to the New York
Times, the visit comes as President Bola Tinubu, embarks on reforms to revive the country’s sluggish economy and months after Biden
had pledged to deepen the US’ involvement with Africa with an investment of more than $50 billion over the next three years.
The United States has been trying to make up lost ground in the geopolitical contest with China and Russia to cultivate relations
in Africa. Nigeria, which is Africa’s largest Continued on page 16
History as NUPRC Picks 42 Winners for Its Gas Flare Commercialisation Bid Round Commission contracts KPMG as partner for award implementation process Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Forty-two indigenous oil and gas companies have emerged winners of 49 flare sites in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP) bid process, the first of such in the history of hydrocarbon exploration and production in the country. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced this in a statement issued yesterday. NUPRC added that it had approved KPMG, a global network of professional firms, to partner with it in the implementation of the award to ensure successful outcome. The federal government launched NGFCP in December 2016, to involve third-party investors or off-takers in harnessing gas released as a by-product of oil production, a crucial part of the seven big wins of the administration for the oil and gas sector. Launched by then Minister of Continued on page 16
NABII VISITS BAGUDU... L R: The Founder and Principal Partner, The Nextier Advisory, Mr Patrick O Okigbo; CEO, Nigerian National Advisory Board for Impact Investing (NABII), Ms Etemore Glover; Minister of Budget and Economic Planning, Senator Abubakar Bagudu; Director International Corporation at the Ministry of Budget and Economic Planning, Dr Lanre Adekanye; and Special Adviser to the Minister of Budget and Economic Planning , Mallam Bashir Buhari, during a courtesy visit of the Nigerian NABII to the minister in Abuja… on Tuesday.
Kingibe to Wike: You’ve No Executive Powers, Must Operate Under N’Assembly’s Supervision... Page 34