Connect with us

News

President Buhari Signs Agreement For Establishment Of African Trade Insurance Agency

Published

on

President Muhammadu Buhari on Monday signed an agreement for the establishment of the African Trade Insurance Agency.

President Buhari Signs Agreement For Establishment Of African Trade Insurance Agency 3

The Senior Special Assistant to the President on Media and Publicity, Garba Shheu, disclosed this in a statement titled ‘President Buhari signs instrument to enable African Trade Insurance Agency’.

Shehu said the agreement and the agency were registered with the secretariat of the United Nations in accordance with the Charter of the UN.

“The agency when executed will acknowledge previous multilateral efforts made by African states towards regional economic integration through co-operation in trade liberalisation and development so as to attain sustainable growth, promote economic activity and create an enabling environment for foreign trade, as well as cross-border and domestic investments.

READ:  Five Persons Killed, Governor Ishaku Attacked During Buhari’s Campaign Rally In Taraba

“A memorandum from the Minister of Justice and Attorney-General, Abubakar Malami, stated that the request for the President’s signature on the agreement was sequel to the directive of the Federal Executive Council, that the instrument be prepared and forwarded for execution,” the statement reads.

The object and purpose of the agency is to provide, facilitate, encourage and otherwise develop the provision of, or the support for, insurance, including coinsurance and reinsurance, guarantees, and other financial instruments and services in African states.

In Other News: President Buhari had presented to the public the Nigeria Visa Policy (NVP), which would allow all African travellers to visit Nigeria without visa.

READ:  We Have Intel About Potential Assassination Attempts On My Life - Rhodes-Vivour

Peter Obi Reportedly Sues President Tinubu's Aide, Bayo Onanuga For N5 Billion
News2 hours ago

Peter Obi Reportedly Sues President Tinubu’s Aide, Bayo Onanuga For N5 Billion

Godswill Akpabio Apologises To Natasha Akpoti Over ‘Night Club’ Remark [Video]
News3 hours ago

Godswill Akpabio Apologises To Natasha Akpoti Over ‘Night Club’ Remark [Video]

National Assembly Quickly Approves Tinubu's ₦70,000 Minimum Wage Bill
News4 hours ago

National Assembly Quickly Approves Tinubu’s ₦70,000 Minimum Wage Bill

President Tinubu Sends ₦70,000 Minimum Wage Bill To National Assembly
News6 hours ago

President Tinubu Sends ₦70,000 Minimum Wage Bill To National Assembly

Awele Odita Tackles Koko Zaria For Accusing Her Of Sleeping With MC Oluomo
Entertainment7 hours ago

Awele Odita Tackles Koko Zaria For Accusing Her Of Sleeping With MC Oluomo

58 Countries Support Okonjo-Iweala For Second Term As WTO Director-General 6
News8 hours ago

58 Countries Support Okonjo-Iweala For Second Term As WTO Director-General

Charly Boy Vows To Divorce His Wife If Kamala Harris Loses US Presidential Election
Celebrities9 hours ago

Charly Boy Vows To Divorce His Wife If Kamala Harris Loses US Presidential Election

Ubi Franklin Reacts As Davido Gifts Him A Car Worth N68 Millions
Celebrities10 hours ago

Ubi Franklin Reacts As Davido Gifts Him A Car Worth N68 Millions

FG, NMDPRA, NUPRC, NNPC Leaders Meet With Dangote To Resolve Refinery Dispute
News13 hours ago

FG, NMDPRA, NUPRC, NNPC Leaders Meet With Dangote To Resolve Refinery Dispute

Brain Jotter Meets Mike Ejeagha After Gifting N2m For Viral Song ‘Gwo Gwo Gwo Ngwo'
Entertainment14 hours ago

Brain Jotter Meets Mike Ejeagha After Gifting N2m For Viral Song ‘Gwo Gwo Gwo Ngwo’

Ini Edo, Wanneka Breaks Silence After Being Accused Of Sleeping With Akpabio
Celebrities1 day ago

Ini Edo, Wanneka Breaks Silence After Being Accused Of Sleeping With Akpabio

Judy Austin Cheated On Me With Yul Edochie, Denies Me Access To Our Kids - Ex-Husband [Video]
Entertainment1 day ago

Judy Austin Cheated On Me With Yul Edochie, Denies Me Access To Our Kids – Ex-Husband [Video]

Sanwo-Olu Celebrates Fola David For Setting New Guinness World Record For Largest Painting
Celebrities1 day ago

Sanwo-Olu Celebrates Fola David For Setting New Guinness World Record For Largest Drawing

Lawyer Slams Brain Jotter For Giving Mike Ejeagha N2million For Viral Song 'Gwo Gwo Gwo Ngwo'
Entertainment1 day ago

Lawyer Slams Brain Jotter For Giving Mike Ejeagha N2million For Viral Song ‘Gwo Gwo Gwo Ngwo’

Max Air Aircraft Tires Burst During Takeoff Attempt In Adamawa [Photos]
Metro1 day ago

Max Air Aircraft Tires Burst During Takeoff Attempt In Adamawa [Photos]

"Don't Demand From Men What Your Father And Brothers Can't Give" - Daddy Freeze Tells Women
Celebrities1 day ago

“Don’t Demand From Men What Your Father And Brothers Can’t Give” – Daddy Freeze Tells Women

"Call Me Iya Ibeji" - Sisi Yemmie Says As She Welcome Twins With Her Husband [Video]
Celebrities1 day ago

“Call Me Iya Ibeji” – Sisi Yemmie Says As She Welcome Twins With Her Husband [Video]

DJ Chicken Spends Millions On Brand New Mercedes Benz GLE
Celebrities1 day ago

DJ Chicken Spends Millions On Brand New Mercedes Benz GLE

Babajide Isreal Breaks Guinness World Record For Longest Twerking With 3.5-Hour Marathon [Video]
Celebrities1 day ago

Babajide Isreal Breaks Guinness World Record For Longest Twerking With 3.5-Hour Marathon [Video]

Why Joe Biden Withdrew From 2024 US Presidential Race, Endorsed Kamala Harris
News2 days ago

Why Joe Biden Withdrew From 2024 US Presidential Race, Endorsed Kamala Harris