Business
Apapa Port Accounts For 35% Export Trade – Bello-Koko
Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Belo-Koko, has revealed that deployment of technology has helped to increase exports from 30 to 35 percent annually in the last three years at Apapa port.
He disclosed this at the 3rd JournalNG Port Industry Town Hall meeting on Thursday in Lagos
Speaking at the event with the theme: “Essence of Automation to Productive Blue Economy”, the NPA boss, who was represented by the Port Manager, Apapa Port, Mr. Charles Okaga, stated that the deployment of automation has enabled the Authority enhance its operations leading to increase in exports from 30 percent to 35 percent in the last three years.
“For our total throughput for Apapa port, we have about 35 percent export. Since 2021 export moved steadily from 30 percent and it also increased further in 2022.
“This is attributable to the establishment of the NPA Export Processing Terminals to eliminate factors that act as a clog in the wheel of logistics and ease of doing export business.
“We must also note that we have enjoyed port stakeholders buy-in and support from several government agencies.
“It is also worthy to note that the presidency through the Presidential Enabling Business Environment Council (PEBEC) has played a key role in driving this agenda with NPA”, he said.
According to him,”Export Processing Terminals presently enjoy technologically enhanced connectivity to ports and other infrastructure like Truck Transit Parks (TTPs) which simplify the access to ports and eliminates delays that formerly led to expired Agro-Exports”.
He explained that the vessel waiting time at the berths have been reduced to few hours, describing this as a major development from the former 1-6 day waiting time.
Also speaking, the Area Controller, Kirikiri Lighter Command, Nigeria Customs Service (NCS), Comptroller Timi Bomodi, stressed that Nigeria’s hope of attracting Foreign Direct Investments (FDIs) into the blue economy sector wouldn’t be realized without adequate data to guide investments.
Bomodi, however, stated that automation could be channeled towards the collation of such vital data to guide local investments, government policies and ultimately attract FDIs.
The Customs boss, admonished all port stakeholders to develop and publish their Standard Operating Procedures (SOPs) and ensure they adhere to these SOPs to avail port users a high degree of certainty on port processes.
According to him, the absence of SOPs at ports leads to ambiguity and hampers the ease of doing business.
On his part, the President General of Maritime Workers Union of Nigeria (MWUN), Prince Adewale Adeyanju expressed concern that the rapid introduction of technology and innovations in the maritime domain will lead to massive job losses.
Adeyanju advised the relevant government agencies and other stakeholders to ensure that such technological advancement aren’t at the expense of maritime workers.
Earlier, the Publisher of JournalNG and convener of the summit, Mr. Ismail Aniemu, stressed that talkshop is expected to set the tone for a credible and viable maritime agenda for the maritime industry.
“Today we have a Ministry of Marine and Blue Economy, but the concept of this year’s theme was prepared several months ago. At that time, we never knew that the government would create a Ministry of Marine and Blue Economy out of the existing Transport Ministry.
“Nevertheless, we know that in blue economy there are numerous low hanging fruits for economic diversification in Nigeria.
“Stakeholders and experts in this industry have used this talkshop to project their views which are encapsulated as recommendations for the government to consider. We also maximize the advantage of the mass media to propagate the issues emanating from the summit”, Aniemu said.
By: Nkpemenyie Mcdominic, Lagos
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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
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
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.