Business
NEPC Trains Farmers On Bankable Business Plans, Funds Accessment

The Executive Director of Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, has identified inability to write credible and bankable business plans as one of the major limitations of the Micro, Small and Medium Enterprises (MSMEs).
He said this has been the main reason they find it difficult to access government intervention funds and loan from financial institutions.
Yakusak, who stated this during a training workshop on “How to write Bankable Business Plans”, noted that many of the MSMEs operators in the country faced the challenge of writing bankable business plans to attract grants and loans.
Represented by the State Coordinator of NEPC, Arch. Benedict Itegbe, Yakusak disclosed that the council is desirous of promoting development and financial inclusiveness of MSMEs exporters.
He said the training became necessary to equip MSMEs with necessary skills and information to assist them in accessing finances for their export businesses and to boost the non-oil export businesses.
He said: “In the global world, MSMEs can be categorised as the driving force for the diversification of every economy and development. Financing this sector is the fuel that accelerates the growth of the industry.
“MSMEs should be eligible for financial support by the ability to develop a Bankable Business Plan with a good description, analysis or projection, other essential compact templates about the progress and performance of non-oil export businesses”.
He urged participants to take advantage of the training for the understanding of financial literacy and creditworthiness to access financial facilities for MSMEs to accelerate the growth of the enterprises, especially the agric sector, which will translate to the growth of national economy.
Speaking, the Manager of Bank of Agriculture (BOA), Ondo State Branch, Agunbiade Adefolaju, expressed the readiness of the bank to contually support farmers in the state for agricultural growth with a view to eradicate poverty and food insecurity
Adefolaju said the BOA will be ready to collaborate with NEPC and other organizations to finance agriculture in the state, saying more than 100 farmers have been awarded loan to finance their projects this year.
He said the bank was committed to facilitating increased credit to farmers at affordable interest rate to ensure food security, saying, “we have been taking care of the rural farmers and peg the interest rate to one percent per month. This is not stressful to farmers in payments”.
He commended NEPC for using the training to create a convergence of private and public sector players, investors and agricultural practitioners across the entire value chain.
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Business
NPA Assures On Staff Welfare
The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure and equipment modernization drive with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the clearing of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying, “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
Business
ANLCA Chieftain Emerges FELCBA’s VP
National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
Business
NSC, Police Boost Partnership On Port Enforcement
In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of NSC, Dr. Pius Akutah, made this known during a visit to the Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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