Business
N’Delta Crisis: After Osinbajo’s Visit, What Next?
The ongoing tour of the oil-rich Niger Delta region by the Acting President, Prof Yemi Osinbajo-led Federal Government team is receiving high level of acceptance by the people of the region.
At least, the bombing and destruction of oil and gas installations have died down, unlike in the past when government was applying force aimed at crushing the boys. The millions of Naira expended on war logistics, huge crude oil loss and cost of repairing the destroyed installations directly affected the nation’s economy which is struggling under recession. This goes a long way to prove that to jaw-jaw is far better than to fight.
Report has it that on getting to Oporoza community, the headquarters of Gbaramatu Kingdom, in Delta State, Osinbajo expressed deep shock and pity over the age-long neglect of the oil host community. One wonders how he felt on getting to Oloibiri in Bayelsa State, where a desolate well-head, instead of the much talked about oil museum represents Nigeria’s official indicator of where crude oil was first stuck at commercial volume over sixty years ago.
How would the professor of law, in his discerning mind, have felt, if he had gotten to Umuechem, a community in Etche Local Government Area of Rivers State, where inspite of the billion dollars from its high grade Bonny light, the area is starved of Federal Government presence and virtually all social amenities, except the recent interventions of the state government under the leadership of Governor Nyesom Wike.
As Osinbajo resumes his tour, what awaits him are more sorry sights of underdevelopment, absence of good drinking water, pollution and pitiable relics of history.
But beyond rhetorics, no one can tell for sure what may come out of the tour when Osinbajo gets back to Abuja. After all, there was a bigger talk, just few years ago, in the name of National Constitutional Conference. The conference went with its colourful drama, the walk-outs, echoes of 50 per cent derivation fund and resource control, giving the impression of a serious business, but today, confusion has beclouded the vision of that bigger talk such that no one can make either the head or tail of the conference which had stirred up so much promises and hope for people of the region.
The journey for economic emancipation of the region brought about the Willinks Commission of the 1950s, but inspite robost presentations and agitations, not much can be said to have been achieved except such paltry gifts from stingy fingers as one per cent, three per cent and 13 per cent derivation. No permutation or formular, either of the oil or modern mathematics has ever scored 13 per cent as pass mark; it’s always at least 50 per cent.
The Niger Delta Development Commission (NDDC) which came after the defunct Oil Minerals Producing Areas Development Commission (OMPADEC) and the recent Niger Delta Ministry could have also made meaningful development impact but for poor management.
Why addressing stakeholders at the Government House in Port Harcourt, Rivers State, Osinbajo was frank and sincere when he said that after serving his National Youth Service NYSC in former Bendel State some 38 years, “it is therefore extremely discomfiting to know that we are still confronted with the very same situation. An edifying lack of development and access to basic amenities in the abundance of plenty.
“A situation typified by continued environmental degradation and a disturbing lack of opportunities for those who can no longer carry out traditional occupations like fishing and farming”.
The Acting President noted that, “what we now have is an unhappy cycle of discontent sometimes expressed by a resort to violence and vandalism and drawing in response a strengthening of security managements and a gamut of palliative measures”, adding that this vicious cycle cannot continue as it builds needless tension, promising that the federal government would take steps to bring development to the region.
It is only a change in the way we do things in the region as it is only the Federal Government, oil multinationals, states and communities that can bring the much desired change and result we desire.
The Osinbajo-led team appears to have set the right tone for the desired result when the government jettisoned its former strategy of force and opted for peaceful dialogue. This Federal Government change in approach has raised the people’s confidence in the sincerity of government to realise promised change.
Furtherrance to the quest for lasting solution to the crisis-ridden oil host communities where peace has remained elusive for decades to be a meaning venture, instead of the usual picnic, the team must find out why the communities even when they have abundant after black gold that rules the world’s economy, they remain absolutely poor.
The mass poverty in the communities occasioned by economic deprivation must change such that marginalisation of the host communities by oil operators and the government be brought to an end.
The idea of declaring natives, including their graduate sons and daughters, as not qualified for employment by oil operators much stop. Let the graduates be trained on the job to acquire requisite experience. Labour contractors excesses must be checked.
The Federal Government must show serious presence in initiating big projects that can touch the lives of the people directly and creating mass employment to justify the 60 per cent equity it enjoys in the sharing of oil proceeds.
Federal Government agencies which execute mega dollar jobs should expand their operational offices in the region and employ people in order to amiliorate their plight.
The non-completion of the East/West Road after so many years is a goose pimple on the nose of the government. Let this present administration try to complete the project in view of the economic and strategic importance of the road to the region and the nation.
The Train Seven aspect of the Nigeria Liquefied Natural Gas (NLNG) Bonny should commence so also the Brass LNG in view of the huge employment opportunities it would create for the region as well as the revenue to the nation.
In the area of pollution, the oil operators who are unwilling to operate according to international standard particularly in changing aging facilities and equipment should be sanctioned by the regulatory agencies.
The idea of gas flaring that has ended in most countries of the world must be made to stop. The idea of leaving the issue at the convenience of some stakeholders with inconsequential fines not commensurate with the effect of the pollution and damage should be urgently reviewed.
The youth of the region must also change the attitude of breaking or destroying installation as a strategy of agitation because of the damage it causes to the environment and national revenue.
There is also need for the government to review its stand on the illegal refineries especially with the promise of encouraging modular refineries in the area. There is need to co-opt the illegal operators and co-ordinate them in such a way that their standard of operation becomes acceptable.
The idea of destroying them by burning by the Nigeria Security and Civil Defence Corps is counterproductive because it aids destruction of the environment.
Nigeria Content Development Monitoring Board (NCDMB) should wake up and seriously think of how to put the Act in actual practice and this they can do by decentralizing their offices in most relevant local government areas. It should not be an urban issue.
Skills acquisition programmes and scholarship aimed at making youths in oil host communities acquire skill must be taken seriously. The idea of selling off the starter packs after the training graduands is bad. So let communities liaise with government agencies, oil firms and other stakeholders to see to better handling of the programmes. The idea of selling scholarship chances in a community when there are eligible persons in the area would not promote peaceful co-existence.
As the new parley by the federal government has set in a new beginning, there is need to also forgive those militants who were involved in pipeline vandalism as a way of agitation. Therefore Amadin Ogbeide of Delta State and indeed every other militant agitations being hunted by the security agencies should be pardoned.
NDDC must be made to be an interventionist agency in the real sense of it. The bad eggs in the system responsible for so many failed programmes and abandoned projects must be flushed out.
Chris Oluoh
Business
TTP Trains Customs Agents, Freight Forwarders On Eto App
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”.
Business
NECA Holds MSME Fair To Drive Growth
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.
Business
Over 2m Passengers Board Blue Rail Train – Commissioner
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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