Business

FAAN Raids MMIA Cargo Terminal, Seize Goods

Published

11 years ago

April 20, 2015

The Federal Airports Authority of Nigeria (FAAN) has raided the Hajj/Camp terminal of the Murtala Muhammed Airport (MMIA), seized and destroyed goods.
The Tide source reports that the special raid was supervised by the Chief Security Officer (CSO) of the terminal, Mr Uche Uken, yesterday.
He said a female suspect was arrested during the raid.
Ukeni said that the suspect would be taken to the Tango City Police Post, inside the MMIA, for prosecution.
Two canopies alleged to be illegally set up, one being used as church and the other used for selling assorted drinks, were discovered by the FAAN security men.
Ukeni told newsmen that the authority carried out the raid as a way of sanitising the cargo terminal from touts and hawkers operating illegal activities.
He said that the illegal activities often allowed people, who have no business at the airport, to loiter around as touts, causing unnecessary panics and mayhems.
He added that the female suspect arrested during the raid claimed to be a food vendor, observing that there was nothing to prove what she claimed to be during her arrest.
“We seized over 20 cartons of assorted beer, 15 cartons of assorted soft drinks, more than 15 pieces of watermelon, one bunch of unripe plantain and five tubers of yam.
“We took away more than five coolers of cooked rice and stew, 50 cartons of bottle water, 30 packets of sachet water and ten suckers of pineapple.
“These seized items would be taken to the graveyard along the airside at the MMIA for destruction,’’ he said.
He explained that any person interested in operating business at the airport should contact the commercial department of FAAN for documents and approval.
The CSO said that the authority would continue to conduct the raid.
He directed the FAAN management to clear the overgrown grasses opposite the Nigerian Aviation Handling Company (NAHCO) cargo offices.
He noted that illegal activities were being carried out around the area covered by the overgrown grasses while people also defecate in the area.
A cargo operator at the terminal, Mr Aliu Danbaba, told reporters that the people made use of the shanties to cool down stress after work.
He said that items being sold at the shanties were cheaper than buying them inside the approved shops at the terminal.
“Things are very expensive in the shops here; we prefer patronising the shanties because their items are cheaper and easy to access.
“We are not happy with the raid by FAAN.
“Where do they want these people to go? These traders have families to care for and this is where they make their daily bread,’’ he said.
A security guard at the NAHCO warehouse, simply identified as Okechukwu, said that the hawkers would come back in a few weeks to start their trading.
He said that was the first time FAAN would raid the place.
Okechukwu urged FAAN to create identity cards for people working in the terminal to checkmate unwanted persons in the place.

L-R: Director-General, Bureau of Public Enterprises, Benjamin Dikki; Minister of Mine and Steel Development, Musa Sada; Permanent Secretary, Ministry of Power, Godknows Ighali And Vice Chairman, Technical Committee, National Council On Privatization, Haruna Sambo, During A News Conference After National Council On Privatisation Meeting in Abuja On Thursday (16/4/15).

Business

Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

Published

3 days ago

April 10, 2026

The Tide

The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.

The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.

Ogan stated that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.

He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.

According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.

Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.

He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.

NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.

He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.

Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.

He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.

Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.

He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.

According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.

To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.

King Onunwor

Business

NPA Targets N1.489tn Revenue In 2026

Published

3 days ago

April 10, 2026

The Tide

The Management of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.

NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.

The Managing Director NPA, Dr Abubakar Dantsoho, stated this during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.

Dantsoho said the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.

According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and

N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).

The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”

Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.

“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.

“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.

“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.

On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).

“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.

Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.

“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.

Chinedu Wosu

Business

NPF Disburses ?21.68m To Fallen Heros’ Families …Reinforce Welfare Commitment

Published

3 days ago

April 10, 2026

The Tide

Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.

The gesture formed a major highlight of the activities marking the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.

The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.

He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.

Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.

The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.

He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.

Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.

They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.

The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.

The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.

King Onunwor