Connect with us

Business

‘Trans-Border Infrastructure, Critical To Africa’s Growth’

Published

on

A Regional Forum on
Cross-Border Transport Infrastructure in Africa opened last Thursday in Addis Ababa, Ethiopia with a call for efforts to implement infrastructure projects to promote intra-Africa trade.
Reports  say that the three-day Forum was convened by the UN Economic Commission for Africa (ECA).
The forum which has the  theme “Boosting market integration and intra-Africa trade through effective management of regional transport infrastructure and services’’., noted the importance of trans-border infrastructure.
ECA’s Director of Regional Integration and Trade Division, Stephen Karingi, at the meeting’s opening, said Africa needed to hasten infrastructure development to address the challenges facing intra-Africa trade.
Karingi said infrastructure would help in reducing a greater percentage of the challenges facing Africa’s development and growth.
Data obtained by newsmen showed that only 30 per cent of Africans have access to adequate electricity, while only about three per cent have access to telecommunications services.
The data also showed that only 65 per cent of the people have access to adequate water supply, while road network across the continent stands at 34 per cent.
The statistics show that the continent’s accessibility to social services was too low, compared to similar emerging economies in the Americas and Asia.
The UN agency said Africa needed to step up efforts to optimise its infrastructure development through effective policy implementation for a faster economic growth of the continent.
“Infrastructure development will also be critical to achieving Africa’s vision for the next 50 years, commonly known as ‘Agenda 2063’.
“Its ongoing articulation is spearheaded by the African Union (AU) Commission in collaboration with ECA and the African Development Bank (AfDB).’’
Karingi said ECA was concerned by challenges and cost of doing business in some landlocked African countries, especially in the area of inland transportation.
He said the cost of doing business was higher in Botswana, Burundi, Malawi, Rwanda, Zambia and Zimbabwe because “inland transport cost was as high as 70 per cent of the total import/export costs’’.
“We know that Africa’s per capita economic growth can increase by two per cent a year and the productivity of its firms by as much as 40 per cent by closing the continent’s infrastructure gap.’’
ECA, however, expressed concern on the slow pace of implementation of the NEPAD Infrastructure Short Term Action Plan and the recent Programme for Infrastructure in Africa (PIDA).
Only about 15 per cent of the NEPAD programmes had been implemented.
NAN reports that the forum is expected to evolve a regional transport infrastructure monitoring and evaluation network.
This will create a database to feed into the Geographic Information System (GIS) being developed by the UN agency.

Continue Reading

Business

NPA Assures On Staff Welfare 

Published

on

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

ANLCA Chieftain Emerges FELCBA’s VP

Published

on

National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

NSC, Police Boost Partnership On Port Enforcement 

Published

on

In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
Continue Reading

Trending