{"id":10173,"date":"2022-01-31T10:39:25","date_gmt":"2022-01-31T10:39:25","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=10173"},"modified":"2022-01-31T10:39:25","modified_gmt":"2022-01-31T10:39:25","slug":"minister-decries-35000-business-registration-fee-for-nigerians-in-egypt","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/01\/31\/minister-decries-35000-business-registration-fee-for-nigerians-in-egypt\/","title":{"rendered":"Minister decries $35,000 Business Registration fee for Nigerians in Egypt"},"content":{"rendered":"
\n

Alhaji Lai Mohammed<\/a> has decried the 35,000 U.S. dollars (about N19.2 million) deposit being requested by Egyptian Authority from foreigners including Nigerians to operate a business enterprise in that country.<\/p>\n

Mohammed, the Minister of Information and Culture described the condition as unacceptable during a meeting with the Nigerian community in Cairo.<\/p>\n

The News Agency of Nigeria (NAN) reports that the meeting was on the sideline of a bilateral discussion with Africa Export Import Bank (Afreximbank) on how Nigeria can access funding to support its growing creative industry.<\/p>\n

NAN reports that Mohammed had led some private sector stakeholders involved in Digital Switch Over (DSO) to Afreximbank to assist them on how they can source fund to complete the wholly private sector financially driven project.<\/p>\n

Speaking at the meeting organised by the Nigerian Ambassador to Egypt, Malam Nura Rimi, the minister said such condition negates the unity that bound African countries together.<\/p>\n

He, therefore, promised to take the matter up with the Minister of Foreign Affairs, Geoffrey Onyema and other relevant bodies upon his return to Nigeria.<\/p>\n

The minister also decries\u00a0the high number of Nigerian children out of school in Egypt owing to language barrier and non- availability of registered Nigerian schools in Cairo.<\/p>\n

The Nigerian community had told the minister that the official language for teaching in Egypt is Arabic and the few private schools being run by the British and America in that country were exorbitant.<\/p>\n

They said no fewer than 7,000 Nigerian children in Egypt were out of school\u00a0 and therefore appealed for a construction of a Nigerian school in Cairo.<\/p>\n

They also told the minister that because many of them could not afford the mandatory 35,000 dollars deposit, their businesses had been labelled illegal while they were subjected to regular harassment and arrest by Egyptian security officials.<\/p>\n

Meanwhile, the minister has appealed to the Nigerian community in Egypt to disregard most of the negative news about Nigeria, especially in the social media.<\/p>\n

According to him, most of the news being received abroad about Nigeria are fake news, the country is at peace and the people are living\u00a0 harmoniously.<\/p>\n

\u201cThere is no country without its challenges, we are facing our own just like Egypt did some.years back and they are out\u00a0 of it now.<\/p>\n

\u201cIn Nigeria, we have the challenge of.banditrty, Boko Haram, and militants but that does not mean that Nigeria is at war.<\/p>\n

\u201cNigeria in the last six years has been making tremendous developmental progress in infrastructure development, agriculture, aviation and other fields of endeavour.<\/p>\n

\u201cUnfortunately, the noise\u00a0 of the mischief makers have drown the laudable success of the administration<\/p>\n

\u201cI want to assure\u00a0 everyone of you here that whatever problem we have in Nigeria has nothing to do with religion or ethnicity,\u201d he said.<\/p>\n

The minister stressed that in spite of security and economic challenges the President Muhammadu Buhari\u2019s administration was facing, it recorded tremendous achievements in many areas.<\/p>\n

He listed some of the giant strides of the administration in roads, bridges, rail infrastructure as well as in agriculture, particularly self sufficiency in rice.<\/p>\n

NAN reports that some of the people who responded to the minister\u2019s speech expressed happiness particularly on the rail project and the second Niger bridge which the minister said had reached 78 per cent completion.<\/p>\n

NAN reports that the Minister of Women Affairs and Social Development, Mrs Paulen Talen also made presentation at the event.<\/p>\n<\/header>\n","protected":false},"excerpt":{"rendered":"

Alhaji Lai Mohammed has decried the 35,000 U.S. dollars (about N19.2 million) deposit being requested by Egyptian Authority from foreigners including Nigerians to operate a business enterprise in that country. Mohammed, the Minister of Information and Culture described the condition as unacceptable during a meeting with the Nigerian community in Cairo. The News Agency of […]<\/p>\n","protected":false},"author":4,"featured_media":9070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[7],"tags":[2738,2282],"class_list":["post-10173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-egypt","tag-lai-mohammed"],"yoast_head":"\nMinister decries $35,000 Business Registration fee for Nigerians in Egypt » BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/01\/31\/minister-decries-35000-business-registration-fee-for-nigerians-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister decries $35,000 Business Registration fee for Nigerians in Egypt\" \/>\n<meta property=\"og:description\" content=\"Alhaji Lai Mohammed has decried the 35,000 U.S. dollars (about N19.2 million) deposit being requested by Egyptian Authority from foreigners including Nigerians to operate a business enterprise in that country. 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