Connect with us

Business

Customs Intercepts N356.2m Contraband

Published

on

The Federal Operations Unit (FOU) Zone ‘A’ of Nigeria Customs Service (NCS) has intercepted contraband with Duty Paid Value (DPV) of N356.2 million.
The Tide source reports that items included used clothes, Indian Hemp, used vehicles, rice, second hand clothes, substandard cables, frozen poultry products and others.
The Customs Area Controller in charge of FOU Zone ‘A’, Comptroller Garba Mohammed, disclosed this in Lagos.
Mohammed handed over the intercepted items to officials of Standards Organisation of Nigeria (SON). the National Agency for Foods Drugs Administration and Control (NAFDAC) and the National Drug Law Enforcement Agency (NDLEA) in Lagos.
According to him, the 128 seizures were made between August 29 and October 3 after intensified unit’s operational modalities to meet up with the current smuggling tactics.
“We have intercepted various contraband with DPV of N356,205,050.78, while the seized items include 11 used vehicles, 4,227 bags of 50kg foreign parboiled rice, 84 parcels of India Hemp, 249 bales of second hand clothes and 980 cartons of frozen poultry products.
“We also intercepted 907 pieces of used tyres, 268 pairs of used shoes, 198 Jerry cans of vegetable oil, two containers of substandard electric cables, one container each of scraps and wet blue leather, seven containers of wood and three containers of medicament.
“In September  29, based on information, we trailed and evacuated 3,000 bags of smuggled parboiled rice from 10 houses along Waterside in Ere Village, Ado-Odo Local Government of Ogun State.
“Each of these houses had three exit doors for their nefarious activities and as we were evacuating the rice from one house to the other, the villagers were busy packing the rice into the bush through other exit doors.
“Apart from 11 vehicles, which two of them are Lexus Jeep GX460 and RX330, we also have another 17 assorted vehicles of various models in detention.
“The vehicles were evacuated from car marts due to infractions noticed in their documents and as I speak with you, the owners have not been able to provide Customs papers, which we have given them enough room to provide,” Mohammed said.
He said that eight suspects had been arrested in connection with the seizures.
Mohammed said that currently the Unit had 12 suspects being prosecuted at the Supreme Court, the Court of Appeal and the Federal High Courts.
The controller said that of the criminal cases, one person had been convicted and sentenced to seven years imprisonment.
He commended the Comptroller-General of Customs, Retired Col. Hameed Ali, and the entire management for providing the necessary assistance and logistics that brought about the feats.
Mohammed also commended the media as well as other sister agencies, adding that sensitising and educating the public would stop smuggling to the barest  minimum.
An Assistant Director in the Lagos Office of NDLEA, Mr Abdul-Azeez Uthman, commended the efforts of the NCS.
Uthman assured the Customs of continuous collaboration until the perpetrators stopped the criminal acts.
Also speaking, an Assistant Director, Compliance Directorate, SON, Mr Chike Makwe, described Mohammed as “Mr Standard”for intercepting the two containers of substandard cables from China after the containers escaped from Apapa Port.
“This is one of the nefarious acts perpetrated by some importers either as a result of false declaration or they did not get clearance from SON in terms of SONCAP and so on,” he said.
Markwe said that usage of substandard cables were hazardous and they could burn buildings.
Mr Declan Ugwu, an Assistant  Director, (Investigation and Enforcement) in NAFDAC, said that the seized products did not pass through due processes before coming into the country.
“Customs told us it had NAFDAC registration number, but our worry is the way the consignments came into the country through false declaration.
“When products are coming into the country, they should pass the GCS text in India or CRIA text in China before coming into the country.
“As they come into the country, the drugs should go through stamping, but I understand that these two containers of Lemdafil 100mg, Acipep Antacids and Ciprogyl injection 200mg, did not do so.
“We suspect that the importer did not do proper registration and we are also going to verify the NAFDAC registration number that came with those products.
“We find out these days that the way the criminals are bringing in fake products is that they will copy a NAFDAC registration number of another registered products and affixed it on the products they are bringing into the country,” Ugwu said.
He urged importers to always follow due process in bringing pharmaceutical products into the country to save the lives of Nigerians.
Ugwu said that NAFDAC would carry out thorough investigation on the products and inform the public immediately. (NAN)

Continue Reading

Business

IPMAN Raises Concern Over Delay In Chinese Refinery Deal …Predicts Lower Fuel Prices Through Competition

Published

on

The Eastern Zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPCL) to fast-track the conclusion of the proposed Technical Equity Partnership with two Chinese firms.
IPMAN made the appeal amid growing concerns over the delay in finalising the agreement initiated through the signing of a Memorandum of Understanding (MoU) on April 30, 2026, between NNPCL and Sanjiang Chemical Company Limited as well as Xinganchen (Fuzhou) Industrial Park Operation and Management Company Limited.
It said the proposed arrangement was designed to revive and expand operations at the Warri and Port Harcourt refineries, noting that successful implementation would strengthen the downstream petroleum sector and restore confidence in Nigeria’s oil and gas industry.
The former Unit Chairman and current Zonal Secretary of IPMAN, Eastern Zone (System 2E), Comrade Inimgba Emmanuel Okubowei, made the call in a statement issued by the union after the Good Governance Summit organised by the Working People United (WOPU) in Abuja, and obtained by TheTide in Port Harcourt, at the weekend.
Okubowei expressed concern over the continued hardship faced by Nigerians due to the high cost of Premium Motor Spirit (PMS), stressing that households and businesses were increasingly burdened by rising energy costs.
Okubowei stated that fuel prices would naturally decline once the Chinese partners commence full operations at the refineries, explaining that increased refining capacity and a more competitive market environment would positively influence pump prices.
The unionist further noted that the partnership would attract fresh investment, improve domestic refining output, increase petroleum product availability and create a more stable operational environment for industry stakeholders.
He maintained that healthy competition remains one of the most effective mechanisms for achieving fair pricing in the downstream petroleum industry and protecting consumers from avoidable price pressures.
The IPMAN official further argued that the entry of additional technically competent operators into the refining space would discourage monopolistic tendencies, improve operational efficiency and guarantee a more stable supply of petroleum products across the country.
He, therefore, appealed to the Group Chief Executive Officer of NNPCL, Engr. Bashir Bayo Ojulari, and the management of the company to accelerate all outstanding processes required for the successful execution of the Technical Equity Partnership.
Okubowei also called on the NNPCL leadership to publicly explain the reasons behind the prolonged delay and provide Nigerians with a definite timeline for the commencement of the project.
He emphasised that transparency, accountability and timely communication would strengthen public confidence in the initiative, adding that prompt execution of the agreement would enhance Nigeria’s energy security, create employment opportunities, stimulate economic growth and provide lasting relief to millions of Nigerians through more affordable petroleum products.
King Onunwor
Continue Reading

Business

Gas Economy: Decade of Gas, Pi-CNG/ EV Deepen Media Engagement

Published

on

Poised to achieving an in-depth understanding of the Nigeria’s gas economy by it’s populace, the Decade of Gas Secretariat, in collaboration with the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV), has deepened media capacity engagement across the country.
The media session, third in its series, and held at the Hotel President, Port Harcourt, recently, brought together 30 journalists from the television, radio, print, and digital media platforms to deepen their understanding of Nigeria’s gas development agenda and further enhance their reportage on the role of gas in driving economic growth, energy security, industrialization, job creation, and improved living standards.
Speaking during the session, the representative,  Decade of Gas Secretariat,Taofeek Balogun , noted that the port Harcourt engagement followed two earlier sessions held in Lagos and Abuja, a move that began in 2025.
According to him, Nigeria’s gas sector continues to record significant progress, with year-to-date gas production reaching 7.85 billion standard cubic feet per day (bcfd).
Domestic gas utilization has surpassed the 2 bcfd mark, while gas exports have risen to their highest level in five years, reflecting growing demand across power generation, industries, transportation, exports, and household consumption.
Balogun emphasised the successful completion of the Obiafu-Obrikom-Oben (OB3) River Niger Crossing by NGIC/NNPCL, describing it as a critical infrastructure milestone that would improve gas transportation across the country, support industrial growth, attract investment, strengthen energy security, and contribute to economic development.
As part of efforts to expand domestic gas utilization, he reiterated the Federal Government’s commitment to increasing access to clean cooking solutions. The government’s target is to distribute cooking gas cylinders to five million households by 2030.
Following the successful rollout of the programme across the six geopolitical zones by the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, implementation would now move to the state level, beginning with Bayelsa State in July 2026.
Under the initiative, Balogun said, 27,000 households in Bayelsa are expected to receive cooking gas cylinders within the year as part of the 1(one) million homes per year target.
Also speaking, the Chief Operating Officer of Pi-CNG & EV, Tosin Coker, highlighted ongoing efforts to expand the adoption of Compressed Natural Gas (CNG) and electric mobility solutions as cleaner and more affordable transportation alternatives for Nigerians.
He disclosed that the Federal Government is promoting the adoption of CNG across Ministries, Departments and Agencies (MDAs) through the conversion of existing vehicle fleets and the procurement of CNG-powered vehicles as part of broader efforts to reduce transportation costs and improve energy efficiency.
Coker said “more than 100,000 vehicles have now been converted to CNG nationwide under the initiative, reflecting growing acceptance of alternative fuel solutions and supporting the country’s transition towards cleaner and more sustainable transportation”.
Participants commended the initiative for strengthening media capacity and improving public understanding of developments within Nigeria’s energy sector.
The Decade of Gas Secretariat and Pi-CNG & EV further reaffirmed their commitment to sustained stakeholder engagement and public awareness as Nigeria continues its journey towards a gas-powered economy.
Continue Reading

Business

Group Seeks Media Partnership To Enhance Business Growth

Published

on

The Chief Executive Officer of Kefa Communication, Mr. Obihele Victor Amos, has called for stronger collaboration between business organisations and media institutions to enhance business growth, economic expansion and wider public engagement across communities.
Amos made the call during a press briefing in Port Harcourt at the weekend.
He emphasised that strategic media partnership remains critical to improving visibility for businesses and attracting investment opportunities.
According to him, the media occupies a central position in shaping public perception and creating awareness that can support enterprise development and economic sustainability.
He also noted that, many emerging businesses continue to face growth limitations due to insufficient publicity and inadequate access to effective communication channels.
“Stronger engagement with the media would help bridge information gaps and create better connections between businesses and potential customers”, he said.
The CEO further stated that responsible and developmental journalism could play a significant role in promoting innovation and encouraging healthy competition within the business environment.
He stressed that beyond informing the public, the media serves as a platform for influencing policies and encouraging stakeholder participation in economic development.
Amos further disclosed the group is committed to building relationships with media organisations through continuous engagement and collaborative initiatives.
He said such partnerships would create opportunities for entrepreneurs and support efforts aimed at expanding market access.
The business leader also urged media practitioners to sustain professionalism and continue highlighting stories that promote enterprise and national development.
He expressed confidence that improved synergy between the media and the business community would contribute to employment generation and economic resilience.
Some participants at the briefing described the initiative as a welcome development capable of strengthening public understanding of business opportunities.
There were also calls for sustained cooperation among stakeholders to drive inclusive business growth and long-term development.
King Onunwor
Continue Reading

Trending