Business
ANLCA Abandons PH Port Business Office
The Association of Nigerian Licenced Customs Agents (ANLCA), Port Harcourt Seaport (1) has abandoned its business office at the Port Harcourt port.
Several visit by The Tide to the area show that the once busy office has now been abandoned and had most of the time been under lock and key, except for the efforts of a lady clerk attached to the office who occasionally keeps the office open.
The Tide’s investigations have revealed that the clearing agents kept off from the office due to the dull business activities at the Port Harcourt wharf, which was aggravated by the non-operations of the container cargo, which is the hallmark of operations.
Reliable sources at the ANLCA office also disclosed to The Tide that the clearing agents now make their way to the Onne Port, also in Rivers State, where they expect letter prospects.
The source stated “What will they be doing at Port Harcourt office where there is no business from day to day, week to week. It is better they look for alternative, rather than waste their time here”.
Chief Obi Chima, the chairman of the association had recently told The Tide that business activities with respect to cargo clearing at Port Harcourt Port had been at a very slow pace, adding that the association was working in partnership with one of the port concessionaires; the Ports and Terminal Operators Limited (PTOL) to ensure that container cargo operations is restored to the port.
He further explained that ANLCA members together with the customs and PTOL had gone far to woo importers to the port, so as to restore the lost container cargo business.
However, every effort made so far had not yielded result in restoring the container cargo operation, which had left the port in dull business.
Corlins Walter
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.