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Nigeria Nets $1.35bn From Non-Oil Exports

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The Nigerian Export Promotion Council (NEPC) has said that the country exported non-oil products valued at $1.35 billion for the first half of 2012.

Executive Director, NEPC, Mr David Adulugba, made this known in an interview with the newsmen in Abuja.

Adulugba, however, said the figure represented about 10 per cent decline from the $1.50 billion recorded in the same period in 2011.

The NEPC boss attributed the decline to unrecorded exports, the fuel crisis and workers’ strike in January.

He put the value of non-oil export for the first and second quarters of the year at $660.1million and $686.2 million respectively as against $818.8 million and $676.2 million recorded for the same period in 2012.

The executive director said Nigeria exported goods worth $161.6 million dollars in January compared as against $307.2 million dollars in 2011.

Adulugba said the nation exported non-oil products worth $242.9 million in February 2012 compared to $273.6 million recorded in the same period in 2011.

He also said that Nigeria exported non-oil products worth $255.7 million and $220.6 million in March and April this year compared as against $237.9 million and $250.6 million recorded for 2011.

He said the country’s non-oil exports in May and June 2012 were $242.6 million and $223.1 million, respectively compared to $703.5 million and $222 million recorded in the same period in 2011.

According to Adulugba, the bulk of the exported products are cocoa and cocoa preparations, oil seeds, sesame seeds, edible fruits, nuts, citrus, tobacco, fish, shrimps and gum Arabic.

Others included recharge cards, cosmetics, footwear, textiles, confectioneries, insecticides, plastics, empty bottles, electric cables, food, beverages and noodles.

He expressed optimism that the agency would achieve its 40 percent target for non- oil export products before the end of the year in line with the key performance indicators (KPI).

“At the moment, we are working assiduously to translate where we were at $2.8 billion per annum to 40 percent ($3.92 billion). All sorts of strategies will be adopted to achieve the target within the regional market.’’

He noted with concern that the high incidence of unrecorded exports had been a major challenge to accurate reporting of the performance of the non-oil sector in the country.

To address the challenge, Adulugba said the Federal Ministry of Trade and Investment was making moves to establish border markets at some strategic locations.

He pointed out that the country’s non-oil exports were dominated by raw commodities and few products with value addition.

“There is the need to step up the value chain, diversify from commodities and empower the small and medium scale enterprises through entrepreneurship development.”

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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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IGR Firm Applauds Akpe’s Appointment As New D’Gov 

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The management of Super AllGreen Ltd, ‘the Bayelsa State Government’s revenue driving firm’,  has lauded the Governor, Senator Douye Diri on the recent appointment of his Chief of Staff and former Assembly member, Dr Peter Akpe as the new Deputy Governor of the State.
The Managing Director and Chief Executive Officer of the firm, Hon. Beleuibimo Ikio Sunday made this known while speaking with newsmen after a tour of projects recently executed by the firm at his office in the Swali-ultramodern market recently in Yenagoa, the State capital.
The CEO described the appointment of Dr Akpe as one of the best decisions of the governor lately.
The manager  who collects revenue on tollgate, parking space, barrow pushers and hawkers at the Swali ultramodern market for the State Government, said he was so excited on the appointment of the new number two man of the state.
He emphasised the new deputy governor is a plus for the ASSURED Prosperity mantra of the governor Diri led administration.
The revenue collector posited that having been a member of the state House of Assembly, Commissioner,  Retired Civil Servant, Deputy Chief of Staff and later Chief of Staff to the Governor, Akpe has the capacity and requisite experience to execute the onerous functions of his new office.
”Akpe isn’t just the best to fill the vacant position of Deputy Governor of the state, but one of most cool headed leaders of the state I’ve seen. Infact, he is what could be described as square peg in a square hole.
“He has both the administrative and political capabilities needed for the office of the deputy governor.
“He is God fearing, he has indebth experience and knowledge to carry out the tasks of the office of the deputy governor. He is not just a politician, but one with a difference. He is a regional Pastor with the Redeemed Christian Church of God.
“We will continue to pray for him and the Governor to succeed even in the future. Dr Peter Akpe is a good hearted individual, and I know  he is a big plus to the ASSURED Prosperity administration of the Governor”, the firm management said.
Ariwera Ibibo-Howells, Yenagoa
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