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Stakeholders Okay Kaduna Investment Drive

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The Nigerian Sovereign
Investment Authority (NSIA) and International Finance Corporation (IFC) have said that they would partner with Kaduna State Government in agriculture and power for sustainable development.
They made the commitment in separate remarks at the just concluded Kaduna Economic and Investment Summit, in Kaduna.
According to them, the state with an estimated population of about 10 million people, has huge investment potentials in agriculture and power.
“In agriculture, we will partner in agricultural financing, infrastructure and land rehabilitation, while in power we will be looking at waste management for electricity generation,” NSIA Chief Executive Officer, Uche Orji, said.
He said that the state could access the NSIA’s 40 per cent funding for investment in local infrastructure.
Similarly,  IFC Country Manager, Eme Essien, said that the corporation would also partner with the state in the two sectors.
“We are particularly interested in sola energy as a critical infrastructure for businesses.
“We want to also see where Kaduna state has competitiveness in agriculture and mining and then invest, “ Essien said.
Also, the Senior Special Adviser to President Muhammadu Buhari, on Social Investment, Maryam Uwais said the Federal Government would equally partner with the state to improve the well being of the people.
Uwais disclosed that federal government would shoulder part of the responsibility of offering free meal to primary pupils.
She announced that the government would soon role out the Cash Transfer Scheme for the most vulnerable persons in the country.
Meanwhile, key stakeholders in economic development have also pledged their support towards making the state an investment destination.
In their separate remarks, the stakeholders commended El-Rufai for organizing the summit that brought investors from all over the globe to appraise the various investment opportunities in the state.
The British High Commissioner to Nigeria, Mr Paul Arkwright said a clear implementation of the state’s five-year development plan would deliver inclusive growth and serve as development model for other states.
He said the British government currently has 21 programmes in the state, and pledged to support the state’s socio-economic development initiative.
The United States Deputy Economic Counsellor, Joel Kopp, said the USAID has spent 600 million dollars on various programmes in Nigeria.
He described Kaduna state as one of the state’s in the country that make concerted effort to address its economic challenges through a vision to move the state to greater heights by attracting investors.
“We will continue to partner and support Kaduna state in its goal of making the state an investment destination in the country,” Kopp said.
Also speaking, the Chairman of the Nigerian Economic Summit Group (NESG), Alhaji Bukar Kyari, said good governance was fundamental in transforming the well-being of the people.
He commended the state government for having a clear vision and itemising priorities to achieve positive change and better the lots of people.
Kyari pledged NESG’s support in achieving the set goals.
Similarly, World Bank Country Representative, Rachid Benmassaoud, described the summit as inspiring, adding that the bank would partner with state to make its vision attainable.
Head of European Union’s Trade and Economic, Fillippo Amato said that to attract investment, the state must invest hugely in the development of infrastructure and security.

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Truckers Threaten Service Withdrawal Over Customs’ Haulage Truck Seizures 

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Truckers under the aegis of Association of Maritime Truck Owners (AMATO) have threatened to withdraw their services over incessant seizures of vehicles by operatives of the Nigeria Customs Service (NCS).
The truckers lamented that the seizure and possible auctioning of their trucks by the NCS has led to untold hardships for haulage operators in the maritime industry, describing the seizures as unjust.
A statement signed by  the President  and secretary of the body, Chief Yemi Ogungbemi and Alhaji Sanni Muhammed, respectively queried management of the Customs over failure to arrest  ships that import illicit goods to Nigeria for complicity.
”Does Customs seal the terminals that receive contraband and dangerous consignments in their yards for complicity in storing illicit consignments?”,
The truck owners said the Nigerian Customs at different fora made haulage operators to understand that the law stipulates they arrest the means of conveyance.
“If that is the reason, why not arrest ships that import containers with contraband goods to Nigeria. Are vessels no longer means of conveyance?”
AMATO described such laws  obsolete, saying that it has become injurious to truckers’ means of livelihood.
The AMATO executives further stated that truckers can no longer withstand what they call the unfortunate circumstances of being used as scapegoat for offenses perpetuated by unscrupulous importers.
“The seizure and possible auction of our trucks by the Nigerian Customs Service is causing us untold hardships as truckers, and for a very long time, we have been passing through this injustice in the hands of Nigerian Customs Service.
“Truckers are mere commercial transporters of goods. We are only invited by agents to come and carry goods to and from the ports after Customs might have examined and approved the release of goods in containers to Importers and agents.
“But unfortunately, after loading the containers that are duly examined and released by Customs on our trucks, they would waylay the trucks on the road, seize and detain our trucks in their yards together with containers with question marks”, they said.
Further questioning the rationale for the seizures, AMATO queried why they are the victims when they are not involved in physical examination of goods in the ports together with Customs, Police, Directorate of State Security (DSS), Nigeria Drug Law Enforecement Agency (NDLEA), etc. to see what they carry.

“Does it sound just for Customs officers and other government agencies that jointly examined and approved the exit of contraband and other dangerous goods in the ports to be holding the trucker responsible for their fault and negligence?

“Is it the commercial trucker that is short-paying government’s import duty on goods or the Importers and their Agents?

“If the answer to the above questions are ‘No’, we are calling on Nigerian Customs Service to release all our trucks detained in their yards or we withdraw our services nationwide in protest against the unjust seizure of our trucks.

“Our members are facing agonizing economic hardships. Their means of livelihood are being seized by the Nigerian Customs for the offense committed by Importers and their dubious collaborating Agents.

“Nigerian Customs should please release our trucks and stop using the truckers as scapegoat.

“Recently, some containers were found to contain tramadol, arms and ammunition. If the trucker knows that he is to carry container loaded with explosives that can destroy him and the truck, or the contraband drug that would equally put him in trouble, he will not carry it.

“Thus, where is the justification for seizing our truck?

“We appreciate the previous Management of Customs authority, in that they reasoned with complaints and issued out circular that enables us to retrieve our seized trucks through application.

“But the present Management of Customs wrote against the Circular. All our efforts and entreaties to the present management of the Customs to revalidate the circular to enable us secure the release of our trucks have proved abortive.

“Hence our plan to settle out grievance with the customs authority through the eloquence of withdrawal of services if our trucks are not released by the Customs”, AMATO concluded.

By: Nkpemenyie Mcdominic, Lagos

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Electronic Auction Platform, Most Authentic For Goods -NCS

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The Nigeria Customs Service (NCS) has restated that electronic auction (e-auction) platform of the Service at https://app.trade.gov.ng/eauction/ is functional and remains the only authentic means of auctioning goods to members of the public.
The Service in a statement issued in Abuja by its Public Relations Officer, Deputy Comptroller Timi Bomodi, noted that this clarification became necessary following rumours that a special auction of over 7000 cars would soon be held by the Service.
It reiterated that auctions are periodic and advertised in advance on the Service’s website to avail members of the public the opportunity of selecting and bidding for items of their choice.
NCS recalled that the Service deployed the e-auction platform in July 2017 specifically to improve efficiency in revenue generation to the Federal Government and also provide equal opportunities to all Nigerians in the seamless disposal of seized/condemned and overtime/abandoned cargoes.
“Since its implementation, the e-auction has lived up to expectations by guaranteeing transparency and integrity in the auctioning process.
“Requirements to take part in the e-auction bidding process by interested public/bidders include:
“Applicant must have a valid tax identification number (TIN) issued by Federal Inland Revenue Service (FIRS) with an active e-mail account for the issued TIN.
“Conditions and Terms of this auction are to be carefully considered by an interested person before acceptance.
“Applicant must ensure he/she has an authentic and nationally accepted means of identification, i.e. international passport, driver’s license, national identity card or voters card.
“Other guidelines can be found on the e-auction portal at https://app.trade.gov.ng/eauction/.”
The statement, however, advised owners of uncleared vehicles at the ports to avail themselves of the VIN-Valuation protocols which it said had simplified, automated and made user-friendly the clearance procedure.

By: Nkpemenyie Mcdominic, Lagos

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Subsidy: Reps Summon Finance Minister, Query NNPC

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The House of Representatives’ Ad Hoc Committee that is Investigating the Petroleum Products Subsidy regime from 2013 to 2022 has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, to appear before it on Tuesday next week for questioning.
Ahmed is to appear before the committee with all the documents demanded by the lawmakers relating to subsidy claims and payments in the period under review.
Chairman of the committee, Ibrahim Aliyu, issued the summons at the continued investigative hearing of the panel in Abuja on Tuesday.
Members of the committee had faulted the appearance of the ministry’s Director of Home Finance, Stephen Okon, without a letter from Ahmed authorising him to represent her.
The Chairman decried the non-appearance of several invited agencies, such as the Nigeria Police Force, Department of State Services, Office of the Accountant-General of the Federation, and Shell Petroleum Development Company.
After Okon was eventually allowed to speak, the Director said he only appeared before the lawmakers to seek more time for the Ministry to collate and present the required documents.
The committee consequently gave the Minister one week to do so.
“This committee requested from you to know the total amount released from the Consolidated Revenue Account as subsidy payments from January 2013 to date; the total amount released from other accounts other than the Consolidated Revenue Account to subsidy payments from January 2013 to date; breakdown of beneficiaries; companies that enjoyed releases from the Consolidated Revenue Account and other revenue accounts as subsidy payments.
“Identify each beneficiary with the amount sent to them, month by month, covering the period from January 2013 to date; all correspondences between the Federal Ministry of Finance and the Central Bank of Nigeria regarding subsidy payments from January 2013 to date; evidence of lodgement of forex into Consolidated Revenue Account by the Nigerian National Petroleum Corporation now (Nigerian National Petroleum Company) Limited as revenue from January 2013 to date”, the Chairman stated.

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