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Why News Of Tomato Import Ban No Longer Interests Farmers

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In the last seven years, news of banning tomato paste and concentrate importation has always been in the media, most times, dying down after two weeks.

Several summits have been held around the country trying to seek answers to the numerous problems that characterize the tomato industry.

Last week, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, during the first Kano Tomato Summit said that by the end of 2019, the Federal Government will ban the importation of tomato paste and concentrate into the country.

Chief Ogbeh who was also at the Kadawa Irrigation Valley in Kura Local Government of Kano State, which has thousands of tomato farmers as well as the Dangote Tomato factory on Monday, said effort is been intensified to revolutionize tomato production.

Also at the inspection and commissioning of Gino Tomato Paste factory and farm in Faka, Kaduna State, Central Bank of Nigeria (CBN) Governor Godwin Emefiele and Chief Ogbeh repeated the commitment to ban the importation of the product.

Mr. Emefiele said Dangote and Gino farms have foreseen self-sufficiency in two years if the CBN and FG sustain the current drive to revamp the industry.

However, the news is no more new to the farmers as they have heard that before from different top government officials, as well as Ogbeh himself during the approval of the National Policy on Tomato by the Federal Executive Council in February 2017.

What might interest the farmers is perhaps the full implementation of the National Policy on Tomato approved in 2017 by the federal government, which failed to see the light of day in addition to some of the measures government is taking to spur domestic production and create a vibrant industry that will generate huge jobs in the country.

Currently, the nation’s domestic demand stands at 2.3 million tonnes every twelve months but the country produces about 1.7 million tonnes, leaving a gap of about 600,000 which is filled with the import of tomato paste, powder and concentrate mainly from China and Italy.

The import of tomato concentrate, powder and paste per annum gulps a whopping $170 million according to the National Investment Promotion Council.

However, Chief Ogbeh puts the current figure at over $22 billion on the importation of tomato paste from China annually, something that worries stakeholders in the country.

Although Nigeria is the second largest producer in sub-Saharan Africa behind Egypt which produces about 8.3 million metric tonnes, 40-45 percent of what is produced wastes away due to lack of processing facilities and poor infrastructure for value addition.

What will however bring succor to farmers is Ogbeh’s assurance that the Central Bank of Nigeria (CBN) through the Bank of Agriculture has penned down the sum of N250 billion for farmers under the CBN Anchor-borrower system.

But of more interest to farmers is the full implementation of the National Policy on Tomato which will address all the concerns of farmers and investors who have sunk in billions of naira into setting up facilities but cannot compete favorably with what is coming from China and Italy.

The National Secretary and Kano State Chairman of the Tomato Growers Association of Nigeria (TOGAN), Alhaji Sani Danladi Yadakwari, while speaking to Daily Trust in Kano, revealed that tomato growers in the country are facing many difficulties due to poor implementation of the February 2017 tomato policy approved by the Federal Executive Council.

Alhaji Sani said the farmers were in total support of the policy because it promotes employment, ensures self-sufficiency in production and promotes local processing of fresh tomato into concentrate and paste.

“Our excitement is, however, short-lived as two years after the FEC’s approval, there appear to be some notable forces against the full implementation of the policy. Specifically, and in spite of the Federal Ministry of Finance’s circular No, F17465/42, it is with dismay that the association has noticed that the Nigerian Custom is yet to fully implement the policy on restriction of importation of tomato paste/concentrate through the seaport and they are also reluctant to implement the $1,500 levy per metric tonne under code 2002.90.10.00 and 2002.19.100 of the policy,” he revealed.

He lamented that the poor implementation of the policy has robbed the government of over $400m in levy and import duty, adding “It is apparent that the local tomato sector will not develop as envisaged by the policy, a consequence of continuous dumping of imported and often adulterated tomato paste.”

Alhaji Yadakwari, however, stated that tomato farmers in Kano State in 2018 enjoyed a sizeable percentage of the state government’s intervention. He further revealed that tomato farmers have faced terrible moments with adulterated inputs, especially fertilizer, in addition to increase in the price of inputs and poor market.

Yadakwari said the farmers’ expectation in 2019 is to see effective implementation of the national tomato policy for robust tomato production in 2019.

Meanwhile, some stakeholders along the tomato value chain have commended the Federal Government’s support to the tomato value chain in the North and requested for similar support in the South-West.

In a communiqué issued at the end of a tomato value chain workshop held at the National Horticultural Research Institute (NIHORT) Ibadan on Wednesday, and signed by the project’s Principal Investigator, Dr. Dorcas Ibitoye, the stakeholders decried the high cost and unavailability of improved tomato seeds and agricultural inputs in the country.

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Zenith Bank Says It Now Has best IT infrastructure After Successful Upgrade, Commends Customers

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Zenith Bank Says It Now Has best IT infrastructure After Successful Upgrade, Commends Customers

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward.

This upgrade follows a recent comprehensive technology enhancement.

The bank expressed its heartfelt gratitude to customers for their support and patience throughout the upgrade process, while also extending apologies for any inconveniences experienced during this time.

This announcement was made in a social media post on Wednesday, signed by Dame Dr. Adaora Umeoji, OON, the Group Managing Director/CEO. 

In her message, the GMD/CEO emphasized the bank’s commitment to delivering an unparalleled service experience, stating, “We undertook this upgrade to ensure we can offer our customers the best possible service.”

Umeoji pledged that Zenith Bank will continue to innovate, ensuring that customer needs are met swiftly, safely, and conveniently.

The post read in part: “On behalf of the Board, Management, and Staff of Zenith Bank PLC, I would like to thank you for your patience and support during our IT infrastructure migration to a new and more robust operating system. 

“We are truly grateful for the trust and confidence you have placed in us. The primary reason for undertaking this extensive endeavor was to better position Zenith Bank PLC for improved service delivery to all our valued customers and to create memorable banking experiences at all our touchpoints.

“While I regret the inconveniences and challenges you faced during and immediately after our migration, I am pleased to inform you that Zenith Bank PLC now has the best technology infrastructure in the industry. We are committed to ensuring you experience superior service delivery going forward.

“Rest assured, you remain our top priority, and Zenith Bank will continue to innovate and offer value-added products and services to meet all your banking needs quickly, safely, and conveniently.”

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Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

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Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos.

This honor comes less than a week after Polaris Bank was named Nigeria’s Digital Bank of the Year for the fourth consecutive year, further solidifying its status as a leader in Nigeria’s digital banking landscape.

At the event, attended by representatives from all nominated companies, Polaris Bank’s VULTe app stood out among its peers, winning the hearts of users and the recognition of industry experts.

The Digital Jurist Awards Committee had nominated Polaris Bank in three categories: Best Website, Best Web Portal, and Best Mobile App.

The Bank’s innovative approach and customer-centric digital solutions have made it a formidable contender in each category, with VULTe’s win affirming the Bank’s continued drive to redefine digital banking in Nigeria.

Commenting on the the award, Polaris Bank’s Managing Director/CEO, Kayode Lawal expressed gratitude for the recognition and reiterated the Bank’s commitment to providing seamless, reliable, and secure digital solutions.

“This award continuously shows our dedication to delivering the best digital experiences to our customers. We will continue to push the boundaries of innovation to ensure that our platforms remain intuitive, accessible, and impactful,” he said.

Polaris Bank’s VULTe app has gained widespread acclaim for its user-friendly design, robust security features, and diverse functionalities, enabling customers to manage their banking needs from the comfort of their devices.

Winning the “Best Mobile App” award is yet another milestone in the Bank’s digital journey, reinforcing its position as a digital pioneer in Nigeria’s banking sector.

The Bank extends its gratitude to the Digital Jurist Awards Committee and its loyal customers for their continued trust and support.

Polaris Bank is committed to advancing digital banking in Nigeria, creating convenient, modern, and secure solutions that cater to the evolving needs of its customers.

Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2024,2023, 2022 and 2021 and MSME Bank of the Year 2022, 2023 and 2024 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards.

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Access Bank Wins Best Digital, Best Website at 2024 Digital Jurist Awards

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Access Bank Wins Best Digital, Best Website at 2024 Digital Jurist Awards

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Bank PLC has been named the 2024 Best Digital Award Winner in the Commercial Banks Category at the Digital Jurist Awards, organized by Phillips Consulting (pcl.).

L-R: Adebowale Shonekan, Head, Network Communications (Group & Subsidiaries), Access Bank Plc; Chukwudi Amadi, Team Lead, Digital Communications, Access Holdings Plc; Ezinne Nwene, Team Member, Digital Communications, Access Holdings Plc, receiving the Best Digital Commercial Bank award from Abbas Babagana, Chief Technical Officer, Federal Ministry of Communications & Digital Economy at the Digital Jurist Awards held in Lagos… recently.

In addition to this top honour, the Bank also secured the Best Website Award, achieving an impressive score of 201 points for its engaging and user-friendly digital experience. Access Bank’s cumulative score of 380 points reflects its excellence across digital touchpoints, including its website, web portal, mobile app, and social media.Commenting on the recognition, Amaechi Okobi, Chief Communications Officer of Access Holdings PLC, said, “We are honoured to receive the Best Digital and Best Website Awards at this year’s Digital Jurist Awards.

At Access, our focus on digital innovation is driven by our commitment to deliver seamless, secure, and customer-centric solutions across all touchpoints.

This recognition validates our ongoing efforts to enhance our digital platforms, making financial services more accessible and efficient for our customers.

We thank Phillips Consulting for recognising our efforts and will continue to raise the bar in digital excellence.”Phillips Consulting has long served as a development partner to Nigerian financial institutions and other organisations with an online presence.

Leveraging its proprietary Digital Jurist platform, the firm has conducted assessments of digital touchpoints in various sectors, from financial services and insurance to telecommunications and government agencies, over the past 17 years.

Originally established as Web Jurist®, the platform was reimagined as Digital Jurist to assess new and diversified digital channels in the evolving digital economy. Digital Jurist’s evaluation framework examines a range of factors, including user experience, accessibility, performance, functionality, security, customer service, support, marketing, and content engagement across digital platforms.

These awards reinforce Access Bank’s leadership in digital banking, adding to recent accolades including 2024 Best Digital Bank and Best Mobile Banking App by World Finance, Best Mobile Banking App and Best Digital Bank by The Digital Banker Awards, and Best Digital Banking Initiative at the Global Retail Banking Innovation Awards 2024.

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