Business

OPS Forms Group To Advance Transformation Gains

Published

12 years ago

February 26, 2014

To consolidate on the
gains of the Agricultural Transformation Agenda, the Minister of Agriculture and Rural Development Dr Akinwumi Adesina, last Monday inaugurated the Nigeria Agribusiness Executive Leadership Group, an organised private sector body.
The group comprises about 20 foremost Nigerian agribusiness companies including Dansa Foods, Okomu Oil, Chi Group, Cresta Group, Datti Fish, Olam and Wilbahi among others.
Addressing senior journalists in Abuja, Adesina said that the government had recognised the need for the emergence of such a group, to drive the ongoing regulatory and policy reforms in the spirit of the public-private sector synergy.
According to him, “the group will help to ensure that the ongoing reforms of the agriculture sector are protected and sustained.
“The Nigeria Agribusiness Group is a high-powered organised private sector group comprising of all value chain stakeholders from input suppliers to aggregators, food processors, marketers and consumers.
“They will work closely with the government to improve further the business environment of agriculture.”
Adesina listed the concrete achievements of the agricultural transformation programme to include the registration of 6.4 million farmers.
These farmers, he said had received fertiliser and seeds allocation via their mobile phones through the electronic system known as the e-wallet, the first of its kind in Arica.
He said that through the innovative system, fertiliser fraud which characterised the previous government subsidy regime, had been eliminated while enhancing the food security of 30 million rural farm households.
Furthermore, he said that seed companies had expanded from 11 to 77 and 3,000 small and medium agribusinesses in the input supply chain established.
“Local fertiliser manufacturing and blending capacity has significantly expanded with five billion dollars in new investments.
“We have received a total of over four billion dollars in executed Letters of Intent (LOIs) for investments by 30 private sector agribusinesses. We have established relationships with over 150 agribusinesses in Nigeria.”
In spite of these achievements, the minister listed critical challenges impacting on the agriculture sector as revealed by an independent survey to include infrastructure, financing, supply security and government regulations, tax and policies.
Others are human capital, security, security, and government coordination.
He said that the establishment of Staple Crops Processing Zones would help address the infrastructure gap and add N1.4 million to the GDP as well as create 250,000 jobs across the country.

Business

Shippers Council Vows Commitment To Security At Nigerian Ports

Published

2 hours ago

December 5, 2025

The Tide

The Nigerian Shippers Council (NSC)has restated its commitment towards ensuring security at Nigerian seaports.

Executive Secretary/Chief Executive Officer of the Council, Dr Pius Akuta, said this in Port Harcourt, while declaring open a one day workshop organized by the Nigerian Shippers Council in collaboration with the Nigerian police( Marin Division).

Theme for the workshop was ‘Facilitating Port Efficiency; The strategic Role of Maritime police “

Akuta who was represented by the Director, Regulatory Services, Nigerian Shippers Council, Mrs Margeret Ogbonnah, said the workshop was to seek areas of collaboration with security agencies at the Ports with a view to facilitating trade

Akuta said the theme of the workshop reflects the desire of the council and the Nigerian police to build capacity of police officers for better understanding and administration of their statutory roles in the Maritime environment.

He said Nigerian seaports has constantly been reputed as one of the Port with the longest cargo dwell in the world, adding,”This is so, because while it takes only six hours to clear a containerized cargo in Singapore Port, seven days in Lome Port, it takes an average of 21 days or more in Nigerian Ports” stressing that this situation which has affected the global perception index on Ease of Doing Business in Nigerian seaports must be addressed.

Akuta said NSC which is the economic regulator of the Ports has the responsibility of ensuring that efficiency is established in the Ports inorder to attract patronages.

“Pursuant to its regulatory mandate, the NSC has been collaborating with several agencies to ensure the facilitation of trade and ease of movement of cargo outside the Ports to avoid congestion”he said.

Also speaking the commissioner of police, Eastern Port Command, Port Harcourt, CP Tijani Fakai, said Maritime police has played some roles in facilitating Ports efficiency.

He listed some of the roles to include ensuring security and crime prevention at the Ports, checking of illegal fishing activities at the Ports, checking of human trafficking and drug smuggling and prevention of fire incident at the Ports.

Represented by ACP, Rufina Ukadike, the CP said police at the Ports have also helped in the decongestion and prevention of unauthorized Anchorage.

He commended the Nigerian Shippers Council for the workshop and assured of continuous collaboration.

Speaking on the dynamics of cargo handling, Deputy Controller of customs, Muhydeen Ayinla Ayoola, said the launching of electronic tracking system and dissolution of controller General Taskforce has helped to ensure efficiency at the Ports.

Ayoola who represented the custom Area Controller Port Harcourt 1 Area command, however raised concerned over rising national security threat , which according to him has affected efficiency at the Ports.

John Bibor

Business

Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN

Published

2 hours ago

December 5, 2025

The Tide

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.

Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.

He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.

“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.

Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.

“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.

He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.

“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.

He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.

Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.

He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.

“This industry recruits the best. Companies must provide the best conditions,” he said.

On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.

“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.

He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.

Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.

He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.

“Nigerians want to see food on the table, not macroeconomic figures,” he said.

He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.

“Translate macro results to food on the table,” he said.

Business

NCDMB, Others Task Youths On Skills Acquisition, Peace

Published

4 hours ago

December 5, 2025

The Tide

The Executive Secretary, Nigerian Content Development and Monitoring Board(NCDMB), Engr. Felix Omatshola-Ogbe, alongside former acting Director-General of the Department of State Services(DSS), Matthew Seiyefa, and the Bayelsa State Commissioner for Youths Development, Kemepado Nimizigha, have charged youths of the Niger Delta region to maintain peace and tranquility in the region.

The trio gave the charge in their separate remarks at the Youths session of the 2025 edition of the NCDMB Practical Nigerian Content (PNC) held in Yenagoa, the Bayelsa State capital, Tuesday.

In his opening remarks, Ogbe , represented by the Head of Department, Government Relations,Teddy Bai, noted that Nigeria stands at a defining moment as global energy systems were rapidly transforming adding that the nation must be deliberate in preparing for a future which balances traditional oil and gas operations with cleaner and more innovative energy solutions.

He said the 2025 PNC Youth forum themed, ‘Building Youth Capacity, Securing Investments, Sustaining Growth In The Oil And Gas Industry’ was not a mere gathering to discuss issues, but to chart new pathways toward meaningful youth engagement, responsible participation in the oil and gas value chain, and sustainable development for the local communities.

Ogbe emphasized that Nigeria’s energy sector was undergoing a transition, with the youths considered as great partners at the heart of the energy sector transition.

“As youths, you’re not just the leaders of tomorrow. You’re contributors and solution-creators today. Your creativity, digital literacy, and innovations are needed in the transitioning energy sector and its value chain.

“It’s my profound pleasure to address you at this year’s PNC 2025 Youth Event, a platform that continues to grow in importance as we collectively shape the future of our energy sector and, indeed, our nation.

“At the heart of this transition is you-the Nigerian youth. Your creativity, digital literacy, and entrepreneurial capacity are crucial assets for solving some of our most pressing challenges, including Pipeline vandalism and crude oil theft, Environmental degradation, Skills gaps in emerging energy technologies, and innovations for local content development.

“The NCDMB recognizes your central role, and this event is one of many interventions designed to empower, inform, and prepare you for opportunities ahead.

“The Nigerian youth must be champions of protection- not destruction- of national assets”, he said.

In his keynote address, Pro-Chancellor of the Niger Delta University (NDU), and former acting Director-General of the Department of State Services(DSS), Mathew Seiyefa, called on youths to maintain the peace in the oil rich Niger Delta region and Nigeria at large.

He cited instances of youth restiveness and their perceived causes in various parts of the region and other parts of the country, saying without peace no meaning development can take place in any part of the world as investors and Government need peace before siting developmental projects in any given area.

In his goodwill message, the Bayelsa State Commissioner for Youth Development, Alfred Kemepado Nimizigha, represented by the Director-general of the State’s Centre for Youth Development, Robert Igali, lauded the NCDMB for the programme.

The Commissioner urged youths to engage in meaningful activities rather than taking to social vices, noting that the Governor Douye Diri’s led ‘prosperity administration’ would continue to embark on several initiatives and programmes aimed at empowering youths across the state.

Ariwera Ibibo-Howells, Yenagoa