Ugo Aliogo
The Nigerian Economic Summit Group (NESG) has lauded the Senate for passing the Plant Variety protection Bill (PVP) into law on the March 3.
A statement by the NESG said the PVP Bill (HB 68) was read for the third time and passed into law by the Senate after several months of deliberations.
The Plant Variety Protection Bill was read for the first time in the Senate on February 16, and is in concurrence with passage of the Bill by the House of Representatives on the December 17.
The statement further explained that through the Partnership for Inclusive Agricultural Transformation in Africa (PIATA), together with AGRA, the Rockefeller Foundation, Bill and Melinda Gates Foundation and USAID, the NESG has been collaborating with the Nigeria Agricultural Seed Council (NASC) to support the enactment of legislation that would “provide a plant variety protection system that will incentivise national and multinational agribusiness investments and aid the development of Nigeri
Nigeria to generate $2bn in five years through plant variety protection law ― NESG Nigeria to generate $2bn in five years through plant variety protection law ― NESG
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The Nigerian Economic Summit Group (NESG) has said that Nigeria would be earning $2 billion through the implementation of the plant variety protection law.
NESG also applauded the Nigerian senate for passing the Plant Variety protection Bill (PVP) into law on the 3rd of March 2021.
The PVP Bill (HB 68) was read for the third time and passed into law by the Senate after several months of deliberations.
It will be recalled that the Plant Variety Protection Bill was read for the First time in the Senate on February 16, 2021and is in concurrence with the passage of the Bill by the House of Representatives on December 17, 2020.
Taiwo Oyedele
Poor governance, lack of transparency and use of improper strategies have been identified as some of the challenges affecting debt management practice in West Africa.
Chairman of the Nigerian Economic Summit Group (NESG) and the Open Society Initiative for West Africa (OSIWA) Debt Management Roundtable, Taiwo Oyedele, said this during the launch of the Debt Management Roundtable to help Nigeria and West African countries provide a pathway to fiscal sustainability.
He said the debt burden was not about the present but the future generation, stressing that debt was not necessarily bad if properly managed. x
While calling for collaboration with the private sector through social financing and public-private partnership (PPP), he said the roundtable would develop analytics that formed the basis, fiscal consideration and sustainability, comparative analysis and also help to champion advocacy.
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