Business
NPA Sees Concession As Boost To Economy
The concession of Nigerian ports by the Federal Government has led to the upsurge in the nation’s economy.
The Managing Director of the Nigerian Ports Authority (NPA), Omar Suleiman disclosed this during the 18th Breakfast Session of the American Business Council in Lagos at the weekend.
The Federal Government, he said, is repositioning the ports for greater efficiency to attract private sector participation in the maritime industry.
Port concession, Suleiman said, was aimed at meeting the demand of shipping traffic in the 21st century, ensure harmonised integrated development and address all challenges that could hamper trade facilitation at the ports.
The target of the Federal Government, he said, is to make Nigerian ports the leading ports in Africa.
To achieve this, the managing director told the Council that the Federal Government had approved the construction of 1.6 kilometer dual carriage road in Apapa, Tin-can Island service lane, Kirikiri Lighter Terminal Phase II and Industrial Estate Road at Tin-can Island, which has been completed.
On inter-modal transportation system in the ports, Suleiman said NPA is collaborating with Nigerian Railway Corporation to rehabilitate rail network of Lagos and Port Harcourt ports.
He also told the Council that government has embarked on rehabilitation of the harbour to protect it and provide calm waters for vessels navigating and berthing at Lagos ports.
Ongoing rehabilitation of the moles, he said, was aimed at restoring the integrity and stability of the break waters damaged over time due to wave attacks and erosion.
NPA, he said, has embarked on continuous management of the channels via two joint venture companies.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
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