Business

PH Airport: FAAN Throws Light On Cab Operators’ Rift

Published

5 years ago

April 19, 2021

Following continuous fracas among car hire operators at the Port Harcourt International Airport, Omagwa, the Federal Airports Authority of Nigeria (FAAN) has said that only groups authorized by the management will henceforth, be permitted to carry passengers from the airport.
FAAN also said that online booking car hire operators that are not registered with FAAN would henceforth, drop off departure passengers at the airport without interfering with the arrival passengers.
Acting Head of Corporate Affairs of FAAN at the airport, Kunle Akinbode, who made the clarifications in an interview with The Tide, last Friday, said that it would be unfair for some car hire operators to pay to carry passengers at the airport, while others pick passengers without paying anything to FAAN.
According to him, FAAN only recognises the accredited car hire operators and the car rental group, who are duly registered for passengers service at the airport.
He said other online booking operators like bolt operators are not registered with FAAN and are not permitted to carry passengers at the moment.
“The reason why there is always quarrels and flexing of muscles between them is that bolt operators would like to pick passengers, while the car hire operators feel cheated for their coming to disrupt what they have paid heavily for.
“For now, only those who have paid for the service will carry passengers, while others will not. FAAN is working out something for them in a short period, but it is with a cost.
“In the FAAN operations guideline, such issues of online booking and digital operations were not envisaged, but we have to do some things to accommodate them, since it is in operations in this modern day”, he said.
The Tide reports that the Accredited Car Hire Association of Nigeria at the airport recently launched an offensive against unregistered taxi operators at the airport.
The onslaught has led to the impoundment of an average of 15 to 25 vehicles that are not registered with FAAN, on daily basis.
Accredited car hire operators have consistently monitored the activities of bolt operators and others through the use of data application.

The chairman of the Car Hire Task Force, Mr Chimezie Amadi, popularly known as ‘Machine’, described taxi operators that are not registered with FAAN as opportunists who want to ground their business.
According to him, these intruders come to the airport to pick passengers at very low charges that are not favourable to those those who registered with FAAN.
“How can we allow these people, particularly the so called ‘Bolt’ operators, to come here and spoil work for us. We have taken their matter to FAAN for them to register, if they want to operate here, but they refused, and they want to carry passengers here. It will not work.
“We can’t be paying such huge amount to the airport management, and then bolt operators and others will come here to carry passengers, while our members will have non, that we will not allow again.
“If they want to operate here, there is no problem, let them register and pay for it, but not to operate in their own area, and also come to operate here at the airport”, he said.

By: Corlins Walter

Business

PENGASSAN Tasks Multinationals On Workers’ Salary Increase

Published

2 weeks ago

December 8, 2025

The Tide

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.

Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.

The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.

PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.

He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.

“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.

Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.

“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.

“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.

“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.

“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.

Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.

“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.

“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.

“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.

Business

SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

Published

2 weeks ago

December 8, 2025

The Tide

The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.

The Commission disclosed this in a statement posted on its website.

According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.

The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.

According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.

“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.

The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.

Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.

“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.

The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.

It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.

Business

NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products

Published

2 weeks ago

December 8, 2025

The Tide

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.

The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.

NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu