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Stakeholders Hail Sack Of NNPC Board

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L-R: National President, National Association of Government Approved Freight Forwarders (NAGAFF), Chief Eugene Nweke, representative of the Comptroller-General, Nigeria Customs Service, Mr Victor Gbemudu and Country Director, Deutsche Gesell Schaft Für Internationale Zusammenarbeit, Mr Christian Widmann, at the launch of implementation of the ECOWAS Common External Tariff in Lagos, last Tuesday.

L-R: National President, National Association of Government Approved Freight Forwarders (NAGAFF), Chief Eugene Nweke, representative of the Comptroller-General, Nigeria Customs Service, Mr Victor Gbemudu and Country Director, Deutsche Gesell Schaft Für Internationale Zusammenarbeit, Mr Christian Widmann, at the launch of implementation of the ECOWAS Common External Tariff in Lagos, last Tuesday.

The sacking of the board of the Nigeria National petroleum Company (NNPC, last Friday by the Federal Government has been viewed by stakeholders in the oil and gas sector as a welcome development.
The Executive Director, Nedal Oil and Gas Company Limited, Prince Emma Ogba said in an interview on Saturday with The Tide in Port Harcourt that, “what the Federal Government did was the position of well-meaning Nigerians.
NNPC under the watch of the board stinks from all the horrible stories I have been reading in the dailies. The company controls the wealth of the nation but the board never demonstrated either business ingenuity or sense of responsibility what president Muhammadu Buhari did was the right step in the right direction”.
Ogba said the sack order should be followed by probe to know how far they were involved in the many alleged fraud in NNPC.
The National Vice President, Oil and Gas of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr. Billy Harry also lauded the sack, saying the board has run the national economy down.
He accused the board of incompetence, stressing that the board had over the years demonstrated that they were not out to serve the country.
Harry advised the Federal Government to consider tested and proven Nigerians who would show love and care to the interest of Nigerians when appointing or constituting new board members of NNPC.
“If the President dissolves the board, it is a very good thing and it should be done with the mindset to put people on board who should serve Nigeria for the benefit of Nigerians”, Harry said.
In his own reaction, a business consultant, Chief Henry Odinta also told The Tide that Buhari’s sack order has renewed in Nigerians the sense of belonging.
“it has always been stories of one fraud allegation or the other and upon this, the former President never wielded the big stick as expected of him.
Nigerians are suffering because of such presidential inactions that had been the case of the nation for past years. I commend Buhari for the action he took”, said Odinta, Managing Director, HOD Consult Nigeria Limited.
It would be recalled that President Buhari, last Friday, commenced a purge of the rot in NNPC by sacking the 10-member board which was headed by the immediate past Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.
The sack order was signed by the Head of the Civil Service of the Federation (HOS), Mr. Danladi Kifasi.
Members of the board include, current GMD of NNPC, Dr. Joseph Dawha, Permanent Secretary of Federal Ministry of Fiancée, Mrs. Anastasta Daniel-Nwaobia, NNPC’s Group Executive Director in charge of Finance and Accounts, Mr. Bernald Otti, a former NNPC Group Executive Director in charge of Corporate Services, Dr. Peter Nnadu.
Others are a former Head of Service of the Federation, Mr. Steven Oronsaye, Current Co-ordinator, Legal Services/Secretary to NNPC, Mr. Ikechukwu Oguine, Prof. Olusegun Okunnu, Dr. Danladi Wadzani and Alhaji Abubakar Bukar.

 

Chris Oluoh

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TTP Trains Customs Agents, Freight Forwarders On Eto App 

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In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.

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NECA Holds MSME Fair To Drive Growth 

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Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
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· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
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· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
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· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.

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Over 2m Passengers Board Blue Rail Train – Commissioner 

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The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.

Nkpemenyie Mcdominic, Lagos

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