Connect with us

Business

NEXIM, Task Force To Collaborate On Trade

Published

on

The task force on trade facilitation has expressed interest to collaborate with the Nigeria Export-Import Bank (NEXIM) to help to eliminate hindrances and deepen trade in the country.

Mr. David Adejuwon, chairman of the task force made this known in an interview with newsmen in Abuja after the group visited Mr. Roberts Orya, NEXIM’s Managing Director.

He said collaboration with NEXIM would go a long way in strengthening trade in the country.

“The issue of multiple checkpoints along our border corridor; we have been able to confirm the report we received that between Lagos and Seme border alone, there are about 35 checkpoints during daytime and almost 50 checkpoints at night between Lagos and Seme border.”

“This is as against the protocol that all member countries have signed to reduce such checkpoints to maximum of three.”

Adejuwon said multiple checkpoints impacted negatively on the nation’s image and competitiveness, adding that it was against efforts made in the past to attract Foreign Direct Investments.

“This issue must be addressed frontally,’’ he stressed.

He noted that the World Bank had recommended three locations where authorised checkpoints should be and where agencies approved to work, should stay at the border corridor.

He said that the idea of seeing different law enforcement agencies after every half kilometer at the border corridor, demanding different kinds of

papers, made the environment not conducive to trade.

He said: “We have travelled to all parts of the world and on their roads you will travel thousands of kilometers without seeing a single drum placed to block the road or people placing spikes on the road to stop trucks for checking.”

“But that is not to say that the law enforcement agencies are not there. It is a serious issue that as a task force we want to tackle frontally.’’

Adejuwon, who is also Director of Trade in the Federal Ministry of Commerce and Industry added that there was the need to address the facility gap at the airport.

He said that the process of passing through Immigration Service checkpoint and baggage lounge takes a long while and should be improved.

He added that for the nation to be able to grow the economy and achieve all the development plans, efforts should be made to ensuring effective movement of trade in the country.

He said that the task force would be working on sensitising Nigerians to create necessary awareness, adding that the process of review of the nation’s trade police would soon begin.

Responding, Orya assured that NEXIM was prepared for the collaboration, saying: “deepening trade continues to be one of the priorities of the bank.’’

“I have to thank the members of the task force for a good work they are doing and we have to encourage them to continue.”

“Deepening trade in the ECOWAS region continues to be our initiative and one of the areas of priority for the bank.’’

Orya said that much had not been done with a lot of protocols signed by member states of ECOWAS to ensure seamless movement of goods and people within the sub-region.

He stressed: “you will have the support of NEXIM because this is also what we are driving at and where we are going.

“Everybody, even the development bodies, will be happy to see that we are working on deepening trade in the sub-region.’’

Continue Reading

Business

Kenyan Runners Dominate Berlin Marathons

Published

on

Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

Continue Reading

Business

NIS Ends Decentralised Passport Production After 62 Years

Published

on

The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
Continue Reading

Business

FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

Published

on

The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
Continue Reading

Trending