Connect with us

Business

Arms Importation: Fashola Urges FG To Summon Countries’ Reps

Published

on

Gov. Babatunde Fashola of Lagos State says representatives of the country where arms seized at Apapa Port were imported from, should be summoned to  explain  their role in the process.

Fashola made the remarks on Saturday in Lagos, while speaking with journalists after inspecting the seized arms and ammunition at the Apapa Port.

He suggested that the Ministry of Foreign Affairs should summon officials of the country concern immediately to serve as a deterrent to others.

Fashola also implored the Federal Government to order the suspension of imports from the country where the deadly weapons originated.

He said that unless the government wanted to play politics with the criminal act, the arrests already made and the names of the importers were enough evidence to bring those behind the act to book.

He said that the seizure was not different from what happened on December 25, 2009 when a Nigerian, Abdul Mutallab was allegedly caught trying to bomb a U.S.-bound aircraft.

The alleged incident resulted in Nigeria being de-categorised and its airport reclassified.

“Our seaport is not different and now that we have succeeded in seizing some magnitude of arms and ammunition at our seaport, we must build on this success.

“We should send the strongest international message out that we will not have our ports used for moving, selling or to convey arms,’’ he said.

“First of all, I think we must start to imagine what would have happened or the potential for destruction that this store of arms would have done if it had gone into wrong hands.

“The possibility is there that if this thing got out there to the wrong hands it would have been clearly unimaginable,’’ Fashola added.

The governor asked: “What do we do with this success; do we want to climb the slope or do we want to climb a hill.

“I think we must use this success to climb a slope and progress from here,” he said.

Fashola said he was sure that investigations were going on and that serious questions must be asked about where the consignment came from.

“We must use this discovery, this success to send the strongest possible message outside of this country of our commitment to national security and to the protection and safety of the lives of our citizens,’’ he said.

Fashola said that this was the time to find out where the cargoes originated from and summon the diplomatic representatives of the concerned country “if we have not done so’’.

“This is where we should be considering whether or not we should suspend imports from that country to send the strongest signal to every other country that ship goods to Nigeria.

“They should be told that our ports are for the prosperity of Nigeria and Nigerians and not for agents of destruction,” he said.

Fashola, flanked by the Commissioner of Police in the state, Mr Marvel Akpoyibo and other service chiefs, said the interception by the security operatives must be commended.

“The success recorded by the security operatives should not be wasted by delays and foot-dragging but we should apply the appropriate sanctions and punishment,” he said.

On October 26 men of the Nigeria Customs Service (NCS) and other security agencies intercepted 13 containers of arms and ammunition at the Apapa Port.

Continue Reading

Business

Association Woos Govt, Coys On  Boat Operators  Employments

Published

on

The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
Continue Reading

Business

FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

Published

on

The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
?
“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

NIWA Harps On  Avoidance Of Leaking Boats

Published

on

The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
Continue Reading

Trending