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VC Lists Globalisation Challenges

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The Vice Chancellor, Averitas University, Abuja, Prof Mike Kwanashie, has outlined the many challenges trailing globalisation in a developing country like Nigeria, especially as it affects the manufacturing sector.
Kwanashie who was the guest speaker at the 34th Annual General Meeting (AGM) of Manufacturers Association of Nigeria (MAN), Rivers/Bayelsa branch in Port Harcourt last weekend, said globalisation is responsible for the high cost of funds arising from depreciation of the naira against major currencies, coupled with high lending rates and extreme difficulties in accessing credit for working capital .Manufacturers also experience scarcity of foreign exchange which is the result of poorly managed exchange policy, as government policies are at the order of global financial institutions which have perpetuated the current situation.
He noted that the challenge of multiple taxes and levies by the three tiers of government is also affecting the industry causing declining profitability.
The University don noted the need for manufacturing activities that have potential linkage with small and medium enterprises to be actively promoted by the federal and state governments.
The newly elected chairman of the branch Senator Adawari Pepple told newsmen that his administration will improve on the good works of the past leadership, saying that he would bring MAN closer to the people through sensitisation, especially in Bayelsa where much work needs to be done.
Pepple, noted that there are many benefits that manufacturers would have as members of MAN, adding “I plan to make Bayelsa appreciate that it is only through industry and manufacturing the economic situation will improve.
He said starch and flour are processed from cassava in the state, adding that in the next two months, packaged Ofingo soup would be exported outside the country, as arrangment has been concluded on that.
In her contribution, the Relationship Officer commercial banking division, Access Bank, Port Harcourt, Ijeoma Ozurumba said the bank was participating in the trade exhibition to meet and possibly partner with manufactures on the federal governments intervention funds given through the Bank of Industrey (BOI).
Ozurumba said, “Access Bank partners with BOI to help them access the Central Bank intervention loan”, adding that her bank also out loans to business men and women, but the loans are structured and tracked.
The representative of Mercury Engineering Construction Company Ltd, Mr Okoye Joels who said the company just joined MAN commended the state government for being manufacturers friendly in the area of infrastructural development, security and tax harmonization, adding that the company no longer suffers from double taxation as was the case previously.

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NPA Assures On Staff Welfare 

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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