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Amaechi, Adeosun’s Plot To Corner $1bn CISS Fund …As Stakeholders Allege Foul Play
Transportation Minister, Hon. Rotimi Amaechi and his Finance counterpart, Mrs. Kemi Adeosun have commenced moves seeking Federal Executive Council (FEC) approval to access over $1billion funds accrued under the Comprehensive Import Supervisor Scheme (CISS) and Nigeria Export Supervision Scheme for a new ICT deal.
In the December 7, 2017 memo to FEC titled “Approval for the Establishment of the National Trade Platform, Joint Memorandum by Honourable Minister of Transportation, the duo are seeking to be allowed to take the one percent Free On Board (FOB) CISS paid by Nigerian importers and the 0.5 percent NESS paid by exporters, as fees for export trade facilitation services as a way of generating more funds.
Over $1billion accrued in the accounts of NESS and CISS that are domiciled with the Central Bank of Nigeria are being targeted for the project which will involve a Foreign Management Firm, Mckinsery & Company. The company with no track record of ICT but known for being a management consultant was asked to carry out a six-week diagnostic effort to support the project.
The new deal and recent moves seek to oust Webbfontaine Nigeria limited that has been providing ICT backbone service to the Nigerian Customs Service and the Port Trading Community through an existing single window.
The secret document cited by our correspondent is proposing that the funds would be used to fund the revival of the Strategic Trade Infrastructure in the Nigerian port industry, among which are the scanners, the single window and ports community systems.
They also want to use all the revenue that have accumulated in the CISS levy and NESS fund before ever the Special Purpose Vehicles (SPV) planned to set up the National Trade Platform (NTP).
They are seeking the approval of FEC for them to share the revenue already accrued in the CISS prior to the take-off of the project, to be distributed between the yet to be registered NTP (74 percent for both the Single Window and Scanning Service), and the CISS Secretariat, (26 percent for CISS Administration) and also once the export related segment of the single window is incorporated, the existing Nigeria Export Supervision Scheme (NESS) will be distributed between NTP, 74 percent and NESS Secretariat 26 percent.
The document noted that the investment cost for the SPV include Significant Capital Expenditure, Operational Expenditure Cost for the Single Window, Scanning Services, Port Community System, Upgrades of NCS Management Systems, and IT Infrastructure Upgrades for key partners agencies.
The total 10 years cost for the project to be covered by the SPV is a total of $1.13 billon.
The breakdown shows the National Single Window Capital Expenditure (CAPEX) $127million, Operational Expenditure (OPEX) $387 million, Scanning Services $277 million, Opex $ 186 million, Port Community System Capex $ 22 million and Opex $ 14million for a total $1.13 billion.
Since the NTP will provide both the Scanning and Single Window Services, it is proposed that the CISS levy will be applied as follows: 37 percent of CISS levy support the single window, 37 percent of CISS to support Scanning Business, and 26 percent of CISS levy to be held by the CISS Secretariat from which potential capital releases will be made to Nigeria Customs Services, as has been done in the past.
The document further revealed that the implementation of the project will take between two to three yearsto be fully implemented. Implementation will occur in two phase, the first phase is for the agencies to have already had IT systems suitable for integration, and the second phase for agencies that need their IT systems upgraded and integrated.
According to the Memo, in developing the proposal it was presented to the Vice President, Yemi Osinbajo at the Presidential enabling business Environmental Council (PBEC) meeting which held last month, at the meeting, the Vice President reported constituted and inaugurated a steering committee that was co-chaired by the Comptroller-general of Cutoms and Managing Director of Nigeria Ports Authority (NPA).
A project development team comprising Nigeria Sovereign investment authority (NSIA) Nigeria Customs service and Mckinsery &company was established therefore, to undertake a six weeks diagnostic effort to support the project .While there are worries that these funds are about being pulled out for purpose of the 2019 election without budgetary approval of the national assembly. Some fundamental process for establishment of the trade portal are said to be either ignored or outrightly violated.
Business analyses process like data harmonisation peer review among government and business community to link to the portal to confirm uniformity and establishment of a common blue print are yet to be put in place.
Nkpemenyie Mcdominic
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Fubara: Nigeria Needs God-fearing Leaders To Make Progress …Applauds Seventh Day Adventist
Governor of Rivers State, Sir Siminalayi Fubara, says Nigeria needs God-fearing leaders for the nation to move in the right direction and make meaningful progress.
The Governor stated this yesterday when he received in audience, the World President of the Seventh Day Adventist Church, Pastor Erton Kohler; his wife, Andriene Marques Kohler; daughter Mariana Marques Kohler and a retinue of ministers of the church at Government House, Port Harcourt.
Fubara who hailed the Seventh Day Adventist Church for its contributions to education and the grooming of future leaders in Nigeria, expressed delight that the Church had over the years, been investing in education at various levels and currently runs two universities in the country.
He commended the church for not only using its institutions to spread the gospel of Christianity but to groom future leaders for the country.
According to him, religion should not be just about defending one’s faith, but also making meaningful impact on the lives of the people.
He said that by floating these educational institutions, the church has demonstrated capacity to support Nigeria in the task of producing not only educated people but a breed of God-fearing leaders.
“Our country is where it is today because we lack the fear of God. If you have the fear of God, there should be a limit to what you can do because you understand the supremacy of God. But when God is not in your equation, you’ll go beyond the line and that is what has brought us to where we are today.
“So, I feel very happy that you are contributing to the development of our future leaders in this country. We need the right people being in the right place; prepared properly with good minds; that is what we need, not just in Nigeria but round the whole world.,” he said.
Governor Fubara further observed that the absence of God-fearing people in high places to take the right decisions that could impact positively on the society, has also given rise to other problems such as social inequality, poverty, corruption and criminality. According to him, Nigeria needs a system where the average parent could afford quality education for their children and a guarantee that upon graduation, the average child will have the capacity to compete favourably with anybody, anywhere in the world.
“If we have a situation where the little money that you’re being paid as wage can also afford you quality healthcare and after working at least for 15-20 years, you have a roof over your head, tell me why you should be involved in any kind of crime? At that point, you’ll feel secured and this attitude of insecurity about the future that leads to all the social vices we have today won’t be there,” he said.
Governor Fubara expressed appreciation to the delegation for the visit and for their prayers for Rivers State, assuring them of his continued support for their programmes in the state.
Leader of the delegation and World President of the Seventh Day Adventist Church, Pastor Erton Kohler said he was in Nigeria for a special conference of the church during which thousands of the church’s ministers will be undergoing an empowerment programme to further equip them for the task of herding their flocks and serving the society.
He expressed gratitude to the Governor for the warm reception accorded his entourage, saying the memory of the visit will linger in his mind for a lifetime.
Kohler disclosed that the Church has over twenty -four million (24,000,000) members and more than 182,000 places of worship, spread across 212 countries of the world.
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Rivers Assembly Approves Fubara’s 2026–2028 MTEF
The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.
This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.
The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.
Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.
Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.
He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.
The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.
During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.
The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.
Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.
Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.
The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.
According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.
Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.
The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.
King Onunwor
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JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.
In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.
The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.
According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”
Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.
“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.
Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.
“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.
Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.
He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.
The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.
“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.
Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.
“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.
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