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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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WASSCE: RSG Distributes Science Materials To Secondary Schools
The Rivers State Government has distributed science equipment and materials to all senior secondary schools across the state to support students during the ongoing West African Examinations Council exams and to strengthen practical learning.
Flagging off the distribution at the Rivers State Senior Secondary Schools Board premises in Port Harcourt, on Monday, the State Commissioner for Education, Dr. Peters Nwagor, said the move demonstrates Governor Siminalayi Fubara’s commitment to improving education standards in the State.
Nwagor said the materials were approved and provided by the state government specifically to boost the teaching and learning of science subjects, describing science education as the foundation for technological advancement, innovation, and national development.
“No society can compete globally without deliberate investment in science and technology,” the Commissioner stated.
He commended the governor for consistently prioritising the education sector by providing tools needed for effective teaching and hands-on learning.
The Commissioner directed principals to ensure that the equipment are used strictly for practical lessons in their schools, warning that any principal or administrator found diverting, hoarding, or selling the materials wil face disciplinary action under public service regulations.
Nwagor also warned against examination malpractice, saying any principal found aiding or encouraging malpractices will be decisively sanctioned.
“We must collectively restore the dignity and credibility of our educational system,” he said.
Also speaking, Chairman, Rivers State Senior Secondary Schools Board, Tony Egwurugwu, urged school heads to make judicious use of the materials for students’ benefit.
He thanked the State Government for providing the resources, and assured that monitoring mechanisms would be put in place to ensure the materials serve their intended purpose.
In his own remarks, a Board Member for Technical Education, Nwisabari Bani Samuel, expressed appreciation to the governor for prioritising education and acknowledged the Commissioner’s role in advancing education development in the State.
He said the distribution covers all senior secondary schools in the State and is intended to improve students’ performance in both internal and external science examinations.
Akujobi Amadi
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Fubara Hails Workers’ Resilience, Dedication In Rivers …Hails Tinubu’s Economic Reform
Rivers State Governor, Sir Siminalayi Fubara, has commended workers in the State for their resilience, dedication, and invaluable contributions to development in the State.
Fubara gave the commendation during the 2026 Workers’ Day celebration at Isaac Boro Park in Port Harcourt, last Friday.
Represented by his deputy, Prof. Ngozi Nma Odu, the governor noted that Workers’ Day, which originated from the struggle for an eight-hour workday in the United States, has evolved into a global event recognising the contributions of workers to national growth and development.
He described workers as the backbone of sustainable development, saying no society can thrive without their efforts.
Fubara commended Rivers workers for their loyalty and commitment to service, noting that workers play vital roles across key sectors, including education, healthcare, infrastructure and industry.
He noted that their contributions have enhanced access to quality education and healthcare, supported job creation, and stimulated economic activities across the State.
While acknowledging the economic challenges faced by many workers, including the rising cost of living, Fubara assured that the the State Government remains committed to implementing policies that will enhance workers’ welfare and overall well-being.
The governor also hailed the bold and daring economic reforms of President Bola Tinubu which, he said, have stabilized the economy, enhanced foreign exchange liquidity, lowered inflation, and achieved significant growth in the nation’s gross domestic product.
He noted that, in addition to raising the minimum wage, the President recently approved new welfare incentives for federal civil servants.
“Our economy is on an unstoppable positive path under our President, and it can only improve further for the nation and everyone. Let us continue supporting the policies and programmes of Mr President,” he said.
Fubara highlighted the importance of workers in revenue generation and governance, noting that taxes paid by workers enable government to provide security and essential social services.
He reaffirmed the State Government’s recognition of labour as a critical partner in achieving its development blueprint, appreciating workers’ daily contributions to building a peaceful, secure, and prosperous Rivers State.
The governor urged the organised labour to use the occasion to reaffirm its commitment to the progress of the State, while continuing to advocate for democracy, social justice, and improved welfare for workers.
He also expressed gratitude to workers for their service to the State and the nation, encouraging them to remain steadfast in their contributions to development.
In his address, the State Chairman of the Nigeria Labour Congress, Comrade Alex Agwanwor, commended Fubara for his steadfastness, genuine commitment, and passion for workers in the State.
He highlighted key achievements of the administration, including the implementation of the National Minimum Wage Act, the renovation of the State Secretariat, the reopening of the Rivers State Transport Company (RTC), and the consistent payment of end-of-year bonuses to public workers.
Comrade Agwanwor noted that workers, as drivers of productivity, understand the challenges involved in building a prosperous Rivers State, stressing that they are well-equipped to contribute meaningfully to the growth and development of the State.
“We have resolved not to continue complaining and lamenting while challenges persist. Instead, we must take the initiative, step out of relative obscurity, and rediscover the mission and destiny of our dear state,” he said.
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Fubara Pledges Support For Corporate Organisations In Rivers …Says PPP Business Model Responsible For NLNG’s Success
Rivers State Governor, Sir Siminalayi Fubara, has pledged the continued support of his administration for the Nigeria Liquified Natural Gas (NLNG) Limited.
Fubara gave the assurance while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade, who paid him a courtesy visit at Government House, Port Harcourt.
He assured that his administration would continue to contribute its own quota in support of the NLNG.
According to him, the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government.
“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.
“So, the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think we need to come in to support you, please do not hesitate to call upon us.
“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can assure you that. I will also ensure that other units of the government will liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.
The governor attributed the success of the NLNG to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies.
The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.
The partnership model allows for shared risks, costs, and expertise in the LNG sector.
The governor noted that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence.
According to him, the decision of the Federal Government to allow the multinational oil companies who have the needed expertise to run the establishment while government plays a supervisory role over it has largely been responsible for its success.
“I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with the laws; ensure that standards are maintained and also ensure that the right people with the needed expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.
In his opening remark, the new NLNG boss, Mr Adeleye Falade, who led other top officials of the company on the visit, expressed appreciation to the governor for granting them audience, and appealed to the State Government to continue to support the organisation.
“We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.
Falade said the company has continued to work with its host communities to strengthen their capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact.
According to him, communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model.
He said that beyond community infrastructure, the NLNG has sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and Micro Small and Medium Enterprise (MSME) schemes.
These, he said, were designed to support small businesses, build capacity, and stimulate local enterprise across the state.
Among officials of the company who accompanied the Managing Director were General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations, Dr. Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh.
Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu; Senior Government Relations Advisor, Mrs Kate Allison, and Audio -Visual Advisor, Mr Dawood Ahmed.
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