Business

Kogi, Agency Move To Explore River Niger Shorelines

Published

8 years ago

July 26, 2017

The Nigeria Hydrological Services Agency (NIHSA) is collaborating with the Kogi State Government to explore the shorelines of River Niger for the benefit of the people of the state and the country.
The Agency’s Director-General, NIHSA, Mr Moses Beckley, said this in Lokoja last Sunday after jointly exploring shoreline open spaces and some other spots along River Niger with the team of Kogi Ministry of Environment and Natural Resources.
Beckley told newsmen that he came to Lokoja with his team to see how the state and the agency could take advantage of the excess waters in the confluence state for exploration.
He said the team had gone round the sites which had natural beauty scenery and some other possibilities along the River Niger that could be maximised and exploited for the benefit of the people.
“We are also here in the light of the flooding that characterises this environment, and we have deliberated on how to come up with a conference on climate change, knowing fully well how it has affected water resources potential.
“We are looking at all of these possibilities so that we can synergise and help the state to see how the water resources can be maximised for socio-economic benefits of the people and Nigeria,” he said.
The director-general advised the people to ensure that their surroundings were cleared and well drained.
He also urged governments to ensure that people obeyed rules of town planning and environmental laws.
“Presently, flood has been recorded in close to about 20 local government areas in 13 out of 34 states earlier predicted by NIHSA.
The state’s Commissioner for Environment and Natural Resources, Mrs Rosemary Osikoya, said that the government was collaborating with relevant agencies in the area of annual flooding, climate change, shoreline exploration, social recreational areas, coastline structure and de-silting of rivers.
Osikoya said the major one was the impending flood as informed by partners that the 2012 cycle of flood occurred in every five years, and was due to have come again this year.
She said that the Department of Climate Change at the Ministry of Environment had convened a meeting with the World Bank in February where they were informed that one of the quickest solutions to flood in Kogi was the construction of Dam.
“Beyond dam is the issue of water reservoir where water is strategically managed to divert some of it into a lake like you have in ‘Jabi Lake’, that is why we went to see the site along River Niger at Jimgbe axis.
“This is because during the dry season it was a Sandy Beach and the idea of having a beach just less than two hour-drive from Abuja is not a Lokoja beach anymore but a Nigerian thing.
“So, we are happy that NIHSA is partnering with us as part of the recent declaration of the state of emergency on the environment by Gov. Yahaya Bello on July 14, at the special State Executive Council meeting.
“We are engaging our stakeholders at the federal and international levels to look at the cross-cutting issues, which was part of the visit by NEMA to the state on Friday.
“We hope to do more of assessment of the 14 flooding incidences we have so far experienced in Kogi this season; but this is not the peak of our season.
“So, these are all plans for the future and some of them have immediate consequences,” the commissioner said.(

Business

PENGASSAN Tasks Multinationals On Workers’ Salary Increase

Published

11 hours ago

December 8, 2025

The Tide

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.

Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.

The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.

PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.

He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.

“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.

Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.

“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.

“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.

“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.

“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.

Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.

“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.

“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.

“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.

Business

SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

Published

11 hours ago

December 8, 2025

The Tide

The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.

The Commission disclosed this in a statement posted on its website.

According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.

The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.

According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.

“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.

The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.

Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.

“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.

The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.

It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.

Business

NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products

Published

11 hours ago

December 8, 2025

The Tide

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.

The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.

NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu