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Stakeholder Laments Infrastructure Deficit In Maritime Industry

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The Executive Vice Chairman of SIFAX Group, Dr Taiwo Afolabi, has urged the Federal Government to provide solutions to the huge infrastructure deficit in the maritime sector.
He said that effective resolution of the infrastructure deficit would facilitate the implementation of the Executive Order on Ease of Doing Business.
Afolabi, a terminal operator, made the plea at the Annual Maritime Conference held on Friday.
The Tide source reports that, the Executive Order came from the Acting President, Prof. Yemi Osinbajo to facilitate trade.
“The huge infrastructure deficit has led to deplorable access roads, faulty cargo scanner, non-existent rail system, non-functional truck bay and others which conspired to negatively impact on the service delivery efficiency.
“These challenges are the major reasons we gathered today to address, because our sector cannot continue to reel under the burden of infrastructural decay if we want to contribute meaningfully to the economy and fulfil the industry’s potential.
“I commend the efforts of the Federal Government in reforming the maritime industry, especially with the Executive Order signed by the Acting President.
“It is an acknowledgment of the fact that things must be done differently.
“However, infrastructure deficit would negate the good intentions of the government if the problems listed above are not strategically and urgently addressed,” he said.
Afolabi said that one of the key objectives of the conference was to promote the culture of intellectual discourse in the country’s maritime industry.
According to him, the conference was organised to address issues affecting the industry with the support of stakeholders such as clearing agents, shippers, investors and workers as well as the community.
He said that, the United Nations had compelled the International Maritime Organisation (IMO), its affiliate responsible for regulating the global maritime industry.
Afolabi said that over 90 per cent of world’s trade was transported by sea, stressing that maritime industry was strategic to maritime nations in terms of its contributions to the economic growth and development of nations.
He said that the contributions of the sector to the country’s Gross Domestic Product (GDP) were still low when compared with its huge potential and opportunities.
The Chairman of the occasion, Mrs Margaret Onyema-Orakwusi,  who is the Chairman of Ship Owners Forum, described the maritime industry as a big source of revenue for the economy.
“Maritime is an industry that accommodates different occupations and that is why we need to accommodate other departments to enable them find solutions to the problems in the industry.
“I am asking Afolabi to expand the conference to accommodate other departments to understand maritime operations and solve the problem of accessing loans in the maritime industry,” Onyema-Orakwusi said.
Ms Hadiza Usman, the Managing Director of Nigerian Ports Authority, commended the SIFAX boss and acknowledged the contributions the conference had made to  the industry.
Usman, who was represented by Mr Stanley Yitnoe, Assistant General Manager, Business Desk of NPA, said that he had also created numerous awareness of the important of maritime industry in the Nigerian economy.
She commended Afolabi for his resourcefulness in constantly improving the business at the ports in spite of the recent downturn in the economy.
“Afolabi is indeed a great example for youths to emulate.
“The port industry had witnessed significant improvements in port infrastructure  and revenue generation since the concession of Nigerian ports to private operators in 2006,” she said.
Usma said that there was the need for extensive infrastructure overhaul and promised that NPA would bring out the much-desired change to actualise government’s development goals.
Retired Major Henry Afolabi, the Executive Director, SIFAX Haulage & Logistics Ltd., expressed concern about inadequate and decaying port access roads and neglect of inter-modalism.
“The current bad state of port access roads calls for concern, especially the two ports in Lagos which received over 70 per cent of the total cargo throughout in the country.
“The bad state of the port access roads in Lagos has impacted adversely on human health especially port users,” Ajetunmobi said.
NMASA boss, Dr Dakuku Peterside, said the agency would continue to safeguard the country’s territorial waters.
Peterside, represented by Mr Anthony Ogabi, a Director in NIMASA, said that NIMASA would work to gain back the Category `C’ position which Nigeria lost in the International Maritime Organisation (IMO).
He said that the agency had a Memorandum of Understanding (MoU) with the Nigerian Navy to stop piracy attacks in the country’s territorial waters which had given room for more ships to call in Nigerian Ports.

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Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

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A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and  members of his church were in a programme.
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?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet  to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report,  our Correspondent gathered  that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s  on the sad accident
By: CHINEDU WOSU
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Rivers Workers Seek Scrapping Of Contributory Pension Scheme

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The Rivers State Council of  Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt,  recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that  the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also  informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
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FG Begins South-West Tour To Promote New Cooperative Bank

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The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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