Nigeria’s Naira to be Added to Britain’s List of Trade Currencies

Nigeria’s currency, the naira, will become one of three West African currencies that the United Kingdom’s export finance agency will add to its list of pre-approved currencies, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The other two currencies have not yet been disclosed.

Paul Arkwright, the British High Commissioner to Nigeria, stated that this is a clear indication of how much value the UK places on its relationship with Nigeria, and that it will provide a firm foundation for a significant increase in trade and investment between both countries.

Britain voted in 2016 to leave the European Union, which has forced London to rethink its trade ties with the rest of the world. The UK and the EU struck an agreement in December that opened the way for talks on future trade ties.

The naira financing will follow the same structure as a someone buying in Britain’s sterling, except that Nigerian firms taking out a loan in the local currency can benefit from a UK government-backed guarantee.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

Source: [1]. Image source: [1].

Radisson Blu Hotels Aiming for 40 Locations in Nigeria

Upscale international hotel chain Radisson Blu aims to have 40 locations in Nigeria.

Radisson Blu operates as part of the Radisson Hotel Group, one of the world’s largest hospitality companies, headquartered in Minnesota, USA. The Radisson Blu brand has the largest pipeline of hotel rooms in Africa, according to a study prepared by W-Hospitality.

In a recent interview, William McIntyre, a Radisson Group regional director, said that the Radisson Blu brand is the fastest expanding hotel brand in Africa, and that the group currently has 85 hotels in Africa, either open or under development. McIntyre noted the significance of Nigeria, with its being the largest market on the continent and presenting an opportunity for large-scale expansion of Radisson operations.

Radisson has 9 hotels in Nigeria, with a long-term goal of having 40 operating simultaneously throughout the country. The group is operating in Abeokuta and Lagos, and has signed deals in Abuja, Port Harcourt, and Abeokuta.

In terms of security, the group has a strong safety and security team, and multiple measures in place to detect, avoid, and manage various crisis instances, with regular training for the broader teams, and, most importantly, the hotel staff.

McIntyre said the group has a strong entrepreneurial spirit, is always willing to be flexible, and is an ideal fit for Nigeria. When asked what Radisson Blu’s unique selling point was, McIntyre said the group’s hotels are sophisticated, iconic and stylish, and that customer’s needs are anticipated. He further said that guests are engaged with on a personal level, and are provided with an experience that leaves them with more memorable moments in contrast to competitors. Finally, McIntyre said that the group makes its relationships with its stakeholders – from guests, to owners, to customers, to suppliers – its priority.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

Source: [1], [2], [3], [4]. Image source: [1].

Immigration changes in Ghana and Nigeria

GHANA | Recent Announcement Requires Medical Certificates to Be Obtained In-Country 

The Ghana Immigration Service (GIS) recently posted a brief announcement of a new policy – purportedly with an effective date of February 15 – requiring all new applicants for work and residence permits to obtain medical certificates only through the GIS medical facility at its headquarters in Ghana. Previously, medical certificates in support of a work permit applications could be issued by a local doctor in the applicant’s home country.

The practical implication of the announcement and new policy is somewhat unclear, as work permit applications are typically made before the applicant travels to Ghana. If this new policy is implemented, it will have significant impact for the work permit application process. Immigration Specialists in Ghana are struggling to sort-out the new policy; however, thus far, the GIS has released no further guidance.

 

 

NIGERIA | New Executive Order Imposes Tougher Local Hiring Measures
On February 2, Nigerian President Muhammadu Buhari signed an executive order (EO5) aimed at promoting local Nigerian expertise in science, engineering, and technology. EO5 prohibits the federal Ministry of Interior (FMI) from issuing visas to foreign workers whose skills are deemed to be readily available in Nigeria. Consideration of work visas will only be given to foreign nationals where has been certified by the appropriate governmental authority that such expertise is not available in Nigeria. Under the order, Nigerian government agencies must also give hiring preference to foreign companies and firms with demonstrable and verifiable plans for indigenous development.

While further guidelines and directives on the implementation of EO5 are expected from the authorities, the executive order is expected to have significant impact on the employment-based immigration of foreign nationals, especially in fields of science, engineering, and technology. Companies hiring foreign workers should expect more rigorous scrutiny of applications for expatriate quotas and the stricter application of requirements such as the understudies requirement, registration with professional bodies, and more onsite visits and audits by Nigerian Immigration Service (NIS).

 

Source

Nigerian President Signs Order Promoting Local Jobs

Nigerian President Muhammadu Buhari recently signed an executive order aimed at promoting local content.

“Presidential executive order 5 (EO5) for planning and execution of projects, promotion of Nigerian content in
contracts and science, engineering and technology” seeks to improve local content in public procurement with science, engineering and technology components, and has been implemented with immediate effect.

EO5 has some impact on existing immigration practice:

  • It prohibits the Ministry of Interior from giving visas to foreign workers whose
    skills are readily available in Nigeria.
  • It, however, states that where expertise is lacking, procuring entities will give
    preference to foreign companies and firms with a demonstrable and verifiable plan
    for indigenous development, prior to the award of such contracts.
  • Consideration shall only be given to a foreign professional, where it is certified by
    the appropriate authority that such expertise is not available in Nigeria.
 The implications of the executive order are as follows:
  • The application for the grant of Expatriate Quotas will be more rigorous. New
    guidelines are expected from the Federal Ministry of Interior.
  • The understudies requirement for expatriates will be closely monitored by the
    Federal Ministry of Interior (FMI) and Nigeria Immigration Service (NIS), to
    ensure compliance with extant laws
  • Registration with professional bodies has thus become a strict requirement.
  • Filing of monthly expatriate quota returns will be closely monitored.
  • It is expected that there will be more onsite visits and audits by the NIS.

Further guidelines and directives are expected from the Federal Ministry of Interior and Nigeria Immigration Service on the implementation of EO5.

Sources:  Famsville Solicitors, [2]. Image source: [1].

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

From The Hippo’s Ears: Nigeria

Contributions by Adewole Popoola.

Facts you may not have known about Nigeria:

1. You first meet someone, how do you greet them?

Nigeria is religious country and as such, people sometimes greet according to their religious background. Christians may shake hands, while Muslims may greet from afar. We also hold on to our various ethnic cultures which teach us to greet our elders with respect by bending while stretching forth our hands.

2. What languages are spoken in your country?

Nigeria’s official language is English. There are over 500 spoken languages in Nigeria, but the three major ones are Hausa, spoken by the northerners; Yoruba, spoken by the westerners; and Igbo, spoken by the easterners.

Nigerian Pidgin English, is a very common form of communication across the entire country.

Here are some examples:

Abeg: Please

Commot: meaning leave. So, you can say abeg commot, i.e. “Please leave”

How far: A general form of greeting, meaning “How is everything”?

Sabi: To know

Una: “you” or “your”

Vamoose: A forceful command, which means “Leave”

Wetin: What?

Wahala: “Trouble”. So, you can say “No wahala”, meaning “No trouble”

3.Do you use a twelve-hour clock, or a twenty-four hour clock?

We make use of the twelve-hour clock.

4. What side of the road do people drive on? What do we need to know about driving in Nigeria?

We drive on the left-hand side of the road. Our road infrastructure is bad and drivers don’t stick to road signs and rules. All states have their own taxi colours. E.g Lagos is known for its yellow taxi colour.

5. How important is punctuality?

In Nigeria, we don’t keep to time. In fact, we have a parlance called ‘The Nigerian time’. It is generally believed that when you set time for people to come for an occasion/party, you factor the Nigerian time into it, which means adding approximately 1 hour to the set time.

6. Which types of music are popular? Who are some of your most popular musicians?

Femi Kuti, Tuface, Dbanj, Pasunma, and Terry Apala are among Nigeria’s better-known musicians.

We have a wide variety of popular genres of music in Nigeria, including Afro, hiphop, fuji, and apala.

Listen to Femi Kuti singing Sorry Sorry:

https://www.youtube.com/watch?v=ePzJwds2-3k

Listen to Tuface with African Queen:

www.youtube.ng/watch?v=_A0fWBHu9pM

Listen to Pasunma’s Number One:

https://www.youtube.com/watch?v=phRSSaS7RkQ

7. Are there any Traditional Dances?

Yes. We have lots of traditional dances and among the common ones are:

The Bata Dance; Major traditional dance of the Yoruba ethnic group. It is associated with the Sango God of thunder, and is acrobatic and athletic.

Watch the Bata dance here

https://www.youtube.com/watch?v=akJJkOr6EKM

The Atilogwu Dance is associated with the Igbo tribe of the eastern part of the country. The dance steps are acrobatic in nature, and require lots of quick movement and calisthenics.

The Kosoro Dance is the dance that is associated with the Hausa tribe of the northern part of the country.

The Etighi Dance is a dance that is associated with the people from the Niger-delta (riverine). This dance is known as the sexy dance because it requires the movement of the leg and waist

8. What traditional Festivals are celebrated in your community?

The most common festivals are Eyo and Olokun.

Eyo: The word “Eyo” means costumed dancers. These masqueraders come out during the festival. The festival is unique to the Yorubas in Lagos state. In recent times, it has been presented as a tourist event, and is practiced in Lagos Island.

Olokun: This is an annual cultural festival in Nigeria celebrated throughout the Yorubaland. ”Okun” means sea, and Olokun means the god/goddess of the sea.

9. What are your seasons like?

Nigeria has tropical climate with two seasons. A wet season from April to October and a dry season from November to March, with the wettest month being June. Average temperature ranges from 23 degrees to 32 degrees Celsius throughout the year.

10. Tell us an interesting fact about your President.

General Muhammadu Buhari is the Nigeria president. He was elected president in 2015 after defeating an incumbent. Before he was elected president in 2015, he had contested and failed 3 other times. He is a retired general in the Nigeria army, and has previously served as military head of state after taking power through a military coup d’état.

He is corruption-free, trustworthy, and known for his high-handedness. He is married to Aisha Buhari, and together they have 5 children.

11. What are Nigeria’s major industries?

The oil and gas industry is our major source of revenue that contributes to our GDP and keeps the economy running. Others are mining, agriculture and financial services.

12. How do people spend their free time?

Most Nigerians spend their free time in local bars drinking beer, watching football (English premiership), going to the beach, going to cinemas, and eating out.

13. What do people drink?

Nigerians are known as lovers of alcoholic drinks. We enjoy different brands of beer and traditionally produced drink. Some examples are:

Guinness stout; sold as Odeku, Star, 33, Trophy, Goldberg, Heineken, Gulder, etc.

Some traditional drinks are:

Emu (palm wine): tapped from the palm tree.

Burukutu: highly alcoholic and made from overly fermented palm wine.

14. What is a popular local dish?

We have several local dishes from the hundreds of ethnic groups that comprise Nigeria. These include:

Akara: a beignet from dough based on black-eyed beans. It is mostly served with pap (maize meal), as breakfast.

Amala: a thick paste made from yam which has been peeled, cleaned, dried and blended into powdery form. It is usually served with a delicious soup.

Asaro: also known as yam porridge. It is made by boiling and lightly mashing the yam in chill, red pepper sauce, and palm oil. It can be garnished with fish, meat, or crayfish.

Dun Dun: roasted slices of yam. It is usually eaten with sauce made from palm or groundnut oil.

Eba: also called garri, is a very thick paste that is either rolled into balls or made from cassava and it usually served with soup.

Fufu: a staple food made from cassava and served with soup.

Ikokore: similar to asaro in preparation, but with water yam.

Iyan: also called pounded yam in English, is a popular delicacy among the Yoruba tribe. It is prepared by boiling yam and completely mashing it smoothly, with no yam chunks. It can be eaten with several soups, such as Egusi.

Moin-moin: a steamed bean pudding made from a mixture of peeled black-eyed beans and wrapped in a leaf (eg. a banana leaf)

We also have numerous popular soups and stews:

Afang: a nutritional vegetable soup.

Atama: a palm kernel soup.

Banga soup: made from palm nuts.

Draw soup: made from okro or ogbono seeds, cooked until thickened.

Egusi soup: thickened with ground melon seeds, and contains leafy and other vegetables, seasonings, and meat.

Gbegiri: bean-based stew.

Miyan kuku: common among the northerners, and made from powdered baobab leaves and dried okro.

Ogbono soup: made with ground ogbono seeds.

15. What do you pay for? (1 USD = approx. Naira 360)

In a restaurant:

A cup of coffee – N500.00, a Coca Cola – N100.00, a 2-Course meal for 2 people (nothing extravagant) – N4000.00, an average glass of wine – N500.00.

At a shop:

A loaf of normal bread – N100.00, but a very good and health one comes in at N350.00, and a tin of milk (normal) goes for between N180-200.

16. General Safety?

Nigeria is generally a safe country, especially in the capital city, Abuja, and the commercial city, Lagos. The northern and southern parts of the country are a bit unsafe because of terrorism and militancy.

17. And in conclusion:

Famous (and sometimes infamous) people from Nigeria include:

  • Obafemi Awolowo
  • Nnamdi Azikwe
  • Alhaji Tafawa Balewa
  • Ahmadu Bello
  • Alhaji Aliko Dangote (the richest man in Africa)
  • Mrs Folorusho Alakija (the richest woman in Africa)
  • General Olusegun Obasanjo (the first military head of state to transfer power peacefully to a civilian regime in Nigeria).

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, and Remuneration needs, email marketing@relocationafrica.com, or call us on +27 21 763 4240.

 

Image source: [1].