Business
NPA Orders Rehabilitation Of Ports’ Roads
The Managing Director of
Nigerian Ports Authority (NPA), Alhaji Sanusi Lamido, has ordered the rehabilitation of the road linking Apapa and Tin Can Island Ports.
The directive is contained in a statement by Malam Isa Suwaid, Principal Manager, Public Affairs of NPA, in Lagos.
It said the managing director gave the directive while receiving members of Shipping Association of Nigeria (SAN), who paid him a courtesy visit in Lagos.
Lamido said the directive should be carried out immediately.
“The managing director assured that the authority would mobilise both human and material resources to ensure that palliative maintenance works start without delay.’’
Earlier, Chairman of the shipping association of Nigeria, Mr. Val Usifo, assured of their cooperation for a common objective in the maritime sector.
Meanwhile, the Association of Nigerian Licensed Customs Agents (ANLCA), threatened to shut Apapa and Tin-Can Island ports until the perennial gridlock on ports’ access roads was addressed.
The President of ANLCA, Mr Olayiwola Shittu, issued the threat during interview with newsmen.
He said his members were getting ready to down tools, “as the situation had become unbearable.’’
Shittu said that a crucial meeting of the association had been scheduled for June 30, adding that the strike would be one of the major issues to be discussed at the meeting.
He said with the gridlock, economic activities in the ports had collapsed and man-hour loss enormous.
“It takes about four days for a trailer to have access to load at the terminals.
“Without solution soon, our association may have no option than to close the ports for fuel tankers to take over permanently’’, he said.
The President of the National Association of Government Approved Freight Forwarders (NAGAFF), Mr. Eugene Nweke, also expressed concern about the gridlock which he attributed to lack of a National Transport Development Plan.
Nweke said that the absence of a such plan had aggravated the traffic problem on ports’ access roads.
He said the gridlock had affected Turn Around Time of trucks; Ship Turn Around Time; led to high cargo congestion and cargo diversion to neighbouring ports.
The NAGAFF chief said the daily man-hours had been hindered; pointing out that this had affected production.
He said the situation had also hindered movement of raw materials to industries which had a spill-over effect on bank loans and overdraft facilities obtained by manufacturers.
Nweke said the situation had also rendered port users and service providers idle, adding that on the whole, government’s revenue had nose-dived.
He said the whole problems emanated from bad port access roads, poor traffic control and corrupt practices at ports, dilapidated trucks, and increased cargo volume without the corresponding cargo handling facilities.
Nweke also mentioned lack of automated gate system, absence of truck parks, unregulated empty container holding bay, lack of intermodal transport system, lack of interconnectivity and wrong location of tank farms.
He suggested firm traffic control, stemming of vessels to bonded terminals; use of empty container holding bays by shipping companies and establishment of a modern truck park.
The NAGAFF chief said as a long term measure, there should be gradual relocation of tank farms from Apapa and the evolution of a rail transport link between the ports and the Inland Container Depots.
President of Shippers’ Association, Lagos State, Mr. Jonathan Nicol, in his contribution said that a state of emergency in the maritime sector was inevitable due to gridlock which had created huge revenue loss for government.
According to Nicol, the volume of containers cleared from Apapa and Tin-Can ports had reduced by more than half, saying that “under normal atmosphere, Apapa port should deliver between 300 to 400 containers daily.’’
The Minister of State for Industry, Trade and Investment, John Enoh said this at the 8th annual induction and conference of the Chartered Institute of Project Managers of Nigeria (CIPMN).
He explained that abandoned projects continue to lock up public funds that could have been used for infrastructure development, industrial growth, job creation and essential social services.
Represented by the ministry’s Permanent Secretary, Chris Osa Isokpunwu, he said the impact goes beyond financial losses, as incomplete projects affect communities and limit access to important public services
He cited examples of that remain unopened, schools that cannot accommodate students, roads that fail to connect communities and electricity projects that have not delivered their intended benefits.
The Registrar-General and Chief Executive Officer of CIPMN, Henry Ifeanyi Mbadiwe, also identified poor project management as a major challenge affecting development in Nigeria.
He revealed that the institute had developed a project management curriculum for Nigerian universities, which has received approval from the National Universities Commission (NUC). The programme is expected to enable universities to offer project management as a bachelor’s degree.
Mbadiwe further referenced findings by the Presidential Projects Assessment Committee, which identified 11,886 ongoing federal capital projects in 2011, with an estimated financial commitment of ?7.78 trillion.
He noted that inadequate planning, supervision, accountability and implementation were among the factors contributing to the abandonment of projects across the country.
The minister called for stronger project management structures across ministries, departments and agencies to improve planning, monitoring and evaluation.
He added that the Federal Ministry of Industry, Trade and Investment had introduced a 90-day implementation reporting cycle to strengthen transparency and monitor the progress of government programmes.
Ikenga said the company remained committed to Nigeria’s power sector and would continue investing in its operations despite the challenging business environment.
He spoke in Lagos at the third edition of the Shell Power Conference, themed “Powering Nigeria’s Progress: Turning Ambition and Action into Sustainable Impact”.
The Transcorp Power chief said the company would sustain electricity generation, invest in its facilities and deliver value to shareholders.
“Transcorp Power is a long-term player, not a short-term player. This year has been challenging, but what is important is getting power to schools, hospitals and businesses to power progress,” he said.
Ikenga said the company’s focus on operational efficiency and investment had strengthened its contribution to Nigeria’s electricity supply.
He disclosed that since acquiring the Ughelli Power Plant in Delta State in 2013, Transcorp Power had quadrupled its available generation capacity.
He also said the company became the first privatised power generation firm to receive a post-privatisation discharge certificate after fulfilling all its privatisation obligations.
The company’s unaudited results for the nine months ended September 30, 2026, showed a profit before tax of N83.1 billion, while its profit-before-tax margin rose to 31.2 per cent from 29.6 per cent recorded in the corresponding period of 2025.
Its total assets rose to 11.7 per cent amounting to N629.5 billion, while shareholders’ funds grew 8.9 per cent to N199.8 billion. Cash and cash equivalents also rose to N10.3 billion, supported by improved collections.
On the company’s contribution to grid stability, Ikenga said Transcorp Power’s black-start capability enabled it to restart operations without relying on electricity from the national grid.
He explained that the capability allowed the company to support power restoration following grid disturbances, helping to restore electricity supply to homes, businesses and industries.
Ikenga noted that Nigeria had an installed electricity generation capacity of about 13,000 megawatts, with an estimated potential of 50 gigawatts, adding that realising the potential would require effective coordination across the entire value chain.
“Everything in the value chain has to work,” he said.
He called for stronger collaboration among federal and state governments, regulators and private-sector operators, alongside increased private investment, to build a sustainable electricity market.
This was contained in a statement issued on Thursday by his Senior Special Assistant on Communications and Press Secretary, Maryann Duke.
The statement said Oyedele pointed to “improved digital systems, including electronic invoicing, as a key driver behind a record of N33tn in government revenue collected between January and October 2026.”
The minister said the performance demonstrated the potential of technology to improve revenue administration, strengthen compliance and increase efficiency across government institutions.
Speaking on the theme, ‘Digital Sovereignty and Ethics: Guarding the Economy for the Next Generation,’ Oyedele warned that Nigeria risked losing substantial economic opportunities if it continued to depend heavily on foreign digital infrastructure.
Citing Nigerian Communications Commission figures, he disclosed that the country recorded more than 157 million active internet subscriptions as of May 2026.
He explained that these connections generated significant volumes of information through financial transactions, healthcare, education and taxation.
However, citing estimates from the Nigeria Data Protection Commission, Oyedele said as much as 90 per cent of the country’s data was hosted abroad.
According to him, the situation has implications for foreign exchange expenditure, employment opportunities, technological skills and Nigeria’s control over information generated by its citizens.
He compared the country’s reliance on foreign digital infrastructure with its historical dependence on imported refined petroleum products, warning against a situation where Nigerian data would be processed abroad and the resulting services sold back to domestic users.
The minister consequently advocated greater investment in local data infrastructure, technical expertise, cybersecurity and predictable regulations to enable Nigerian businesses to capture more value from the digital economy.
He clarified that digital sovereignty should not translate into technological isolation but should strengthen Nigeria’s capacity to participate competitively in international markets.
Addressing graduating students, Oyedele urged young Nigerians to become developers of technological solutions rather than remain primarily consumers of products created elsewhere.
He identified artificial intelligence as both a disruptive force and an opportunity for innovation, advising graduates to acquire relevant digital skills alongside critical thinking, creativity, sound judgement and integrity.
The minister also cautioned against irresponsible online behaviour, explaining that digital footprints increasingly influence employment prospects, commercial relationships and professional credibility.
Oyedele outlined five priorities for graduates, including continuous learning, value creation, integrity, responsible digital citizenship and active participation in national development.
“Your degree is evidence of what you have learned. Your competence will demonstrate what you can do. Your character will reveal who you truly are,” he told the graduating students.
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