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Ocean Surge Threatens $4.5bn ECOWAS Facility

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The Customs Area Controller of Seme Border, Comptroller Dera Nnadi, has lamented that the multi-billion dollar Nigeria-Republic of Benin joint border control facility at Seme is under threat.
According to the Command’s helmsman, unless urgent measures are adopted to remedy the situation, raging ocean surge might sweep away the $4.5billion Seme Border control modern facility built by the Economic Community of West African States (ECOWAS).
Donated by the European Union (EU) to the ECOWAS and commissioned in 2018, the border control facility is jointly operated by Nigeria and Republic of Benin, and houses all the security agencies from both countries that operate at the Seme Border.
Nnadi made this disclosure while briefing  members of the Senate ad-hoc Committee on Customs and Excise during an oversight visit recently at   Seme Border Command of the Nigeria Customs Service (NCS).
Nnadi, said there was need for urgent measures to address the menace of ravaging ocean surge at Nigeria’s end of the sprawling border control facility.
According to him, one of the residential buildings in the barracks area of the command has already completely gone under the waters, while a second building is at the verge of being submerged due to the sea surge.
“No one knows when and how the next surge would happen, it could be when people are asleep.
“You can imagine the quantum of loss in terms of lives and property that could occur if such a disaster happens at night. My own official residence is about six metres away from the second building that is at the verge of being submerged, so you can imagine how close the surge is to us.
“This is why urgent remedial measures are required in the interim while efforts are made to address the menace on a more permanent and sustainable basis”, Nnadi said.
He listed other challenges at the command to include poor public power supply to the border facility, saying that there has only been power supply to the area twice since January, a development that negatively impacts cost of operation, especially given the increase in the pump price of petroleum products.
The Tide gathered that several letters had been written to the Managing Director of Eko Electricity Distribution Company (EKEDC), which is in charge of supplying public power to the area.
Meanwhile, none of the letter has changed the situation, even as the letters have not been replied to as at the time of filing this report.
Chairman of the committee, Senator Francis Ade Fadahunsi, while reacting to the concerns raised by the Customs boss over the worsening sea surge, having inspected some parts of the joint border control facility, noted that the committee came on the visit at the behest of the leadership of the National Assembly, especially the Senate, and would therefore tender its report.
Fadahunsi, who is a retired Assistant Comptroller General of the Service, assured that the committee would do a comprehensive report on the entire visit, which must also feature all the observed challenges facing the Command, which is one of the revenue nests of the Federal Government.
The Comptroller also briefed the committee on the operational activities at the command, saying that out of the N1.9billion revenue target given to the command for the 2023 fiscal year, it has collected a total of N1.6billion as at July, which represents 72per cent increase compared to the N884million collected in the comparative period of 2022.
He also reeled out some of the Corporate Social Responsibility initiatives by the command for the host communities, which include the renovation of the Badagry General Hospital and donation of drugs and other healthcare materials by the Customs Officers Wives Association, donation of football jerseys and other sports materials to various youth groups within the border communities.

By: Nkpemenyie Mcdominic, Lagos

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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