Connect with us

Business

Plateau: Chamber Organises Trade Fair, Oct

Published

on

The Plateau Chamber of
Commerce, Industries, Mines and Agriculture (PLACCIMA) said the 2016 Trade Fair will hold from October 18 to 29 at Jos Polo Field.
PLACCIMA President, Chief Bulus Dareng, told journalists in Jos on Sunday that with the return of relative peace to the state, the fair would hold.
Explaining that insecurity prevented the chamber from organising the fair in the last five years, Dareng expressed optimism that the fair would be attended by local, national and international exhibitors.
“The long silence of not having the trade fair since 2011 was as a result of the crises that engulfed the state.
“If we had organised a trade fair during that period, many people outside the state wouldn’t have come and the aim would have been defeated.
“As it is now Plateau is relatively peaceful, we know that it cannot be completely peaceful because the security challenge is all over the country.
“We know that the security situation in the country is generally bad.
“However, like the French, the Germans, and the Americans would say, we remain resolute and move on with life without succumbing to few distractive elements.’’
Dareng added that the demise of the former president of the chamber, late Sen. Silas Janfa, also contributed to non-staging of the yearly event.
The PLACCIMA president further said that the chamber was also unable to get the necessary support from the previous administration in the state because of the prevailing situations it was grappling with in the face of dwindling economy.
He said that the present government of Mr Simon Lalong is giving the chamber every support it needed and the security situation has greatly improved.
“If we have a barometer we would say that security situation has improved to 80 per cent, and that 80 per cent builds the confidence of people outside who are willing to come.
“The situation is very ripe for the trade fair and the government has given us the confidence that there would be adequate security on ground and people who want to participate in the fair should not be afraid,’’ he added.
Dareng said that the fair, which would be the best ever to be organised on the Plateau if not Nigeria, would further build confidence and expose investors to economic potential of the state.
The president stressed that the business community would interact with those outside the state with a view to expanding their business scope.
He stated that the chamber had constituted committees ranging from security to logistics, whose members are working hard to ensure that every detail is taken care of.
According to him, the chamber is working with a competent consultant, Anista Marketing and Events Limited that has conducted trade fairs in many parts of the country and was confident of the outcome.

Continue Reading

Business

FG Approves 4 New Channel Management Firms For Seaports

Published

on

The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
Continue Reading

Business

RIRS Warns Against Unauthorised Tax Collection

Published

on

The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
Continue Reading

Business

Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

Published

on

Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
Continue Reading

Trending