Business

Diri Pushes For Africa’s Sub-nationals’ Partnership On Economy … As Bayelsa, Angolan Province Synergizes On Fisheries, Agric

Published

3 months ago

January 28, 2025

Bayelsa State Governor, Senator Douye Diri, has advocated for economic cooperation between states in Africa.

He said such cooperation would promote African unity, boost the economies of the sub-nationals, and reduce the economic dependence on the Western world.

The Bayelsa helmsman stated this at the weekend during a meeting with the Governor of the Province of Namibe in Angola, Mr. Archer Mangueira.

He noted that Bayelsa and Namibe shared similarities as coastal states bordering the Atlantic Ocean, and that both could benefit from areas that they had comparative advantage.

A statement made available to newsmen by the Chief Press Secretary to the Bayelsa State Governor, Mr. Daniel Alabrah, said Namibe has developed its marine economy to become the fishery hub of Angola and the southern African sub-region.

The statement also noted that the discussions between both leaders were centred around exploring the opportunities of collaboration in the marine sector, amongst others.

“We’ve discovered that relationship between governments has not been very cordial across the continent of Africa. We rather prefer to value our relationship with Europe and Asia.

“Among presidents and governors, we have not related so well and I think that this kind of visit will address such relationship within us in Africa, particularly between states and countries.

“Bayelsa has a whole lot of similarities with Namibe. Like your province, Bayelsa borders the Atlantic Ocean except that Namibe has low lands with a dual advantage of the Atlantic Ocean and the desert”, Diri said.

He continued that “Bayelsa is at the heart of the Niger Delta, which is the oil-producing region of Nigeria, and like Namibe, it is also in the southern flank of our country. The state is very rich in oil and gas, and, in fact, it is richer in gas than oil.

“Like Namibe, we are also interested in fisheries because of our aquatic location and having the longest coastline in Nigeria, which has remained largely untapped and undeveloped.

“So, as we speak, our government is constructing roads to hit the Atlantic Ocean on three fronts in order for us to actually explore the ocean as you have done in Namibe.

“From what we have seen, we can collaborate in fisheries, which is one area you can explore beyond Bayelsa.

“I have also seen that there is a developed and functional seaport here. We are trying to develop a deep seaport at a place called Agge, and we are looking out for investors that have the potential and resources to actualise this. So we are interested in collaborating with you on that.

“Also in agriculture, our land is very fertile for the cultivation of rice, plantain, cassava, bananas, potatoes and vegetables.

“We recently established a relationship with the South Korean Government, which has donated equipment to our state for mechanised farming.

“I believe that there many areas we can collaborate. Where you have comparative advantage, you produce, and where we have comparative advantage, we also produce.

“From our meeting, I’m aware that Namibe is also a potentially oil producing state. So, areas of collaboration include fisheries, agriculture, culture, tourism and potentially oil and gas.

“This meeting should be an eye opener for African countries and states. There is need to have this kind of bilateral relationship between states in Africa”.

Diri thanked his host, Mangueira, and his Vice-Governors, Ema Samali Henriques da Silva and Abel do Rosário Kapitango, for the warm reception accorded him and his delegation, saying it epitomised the true spirit of African brotherhood.

In his remarks, Governor of the Namibe Province, Mangueira, said he was excited about the visit and the prospects for collaboration and investments.

Describing Namibe as the Land of Happiness, Mangueira noted that there was a lot to learn and benefit from a huge country like Nigeria.

He said although the province grapples with erosion challenges, it was focusing on its tourism sector for economic development of the region.

“We also have a very rich ecological biodiversity and a desert that is considered the oldest in the world. We have had potential in the fishery industry since the colonial era.

“Unfortunately, we do not have the level of funding that we had previously. Nevertheless, it remains one of the most important sectors for our socio-economic development.

“The oil industry also holds a lot of potential and we look forward to your expertise and support. We equally have the mining sector apart from oil. At the moment, we are exploring the mining sector for marble and granite production.

“This year, we are looking at completing the modernisation of our seaport to make it possible for export of our minerals.

“We look forward to the expertise of Nigeria and learn how it developed its mining sector. We are privileged to be in an area that is abundant in many minerals. So, there is a lot of potential to invest.

“We would like to learn from Nigeria’s experience regarding the use of pesticides and the treatment of agricultural products. We are open to partnerships with Nigeria to develop our agricultural sector in Angola, cultivating crops like watermelons, bananas, and mangoes.

“We believe that cooperation between our countries is key to advancing towards development. Mutual cooperation can be an effective way to overcome underdevelopment.

“It is important to emphasise that, in forming partnerships, we should also seek investments in the financial sector. There are already movements in this direction in Angola, with the presence of banks and ongoing negotiations. South-South cooperation should be prioritised as should agricultural development initiatives.

“I firmly believe that the future of African development is intrinsically linked to the strengthening of the agricultural sector in our countries.

“Thus, I accept the governor’s invitation for us to work together to build an agenda that is not limited to meetings but results in concrete actions that benefit our regions and strengthen our relations”, the Namibe Governor said.

On the visit with governor Diri were a member of the State House of Assembly, Hon. Ebizi Brown, the Secretary to the State Government, Prof. Nimibofa Ayawei, and the Deputy Chief of Staff, Government House, Mr. Iroro Komonibo.

Ariwera Ibibo-Howells, Yenagoa

Business

TTP Trains Customs Agents, Freight Forwarders On Eto App

Published

2 days ago

May 1, 2025

The Tide

In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.

Business

NECA Holds MSME Fair To Drive Growth

Published

2 days ago

May 1, 2025

The Tide

Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
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· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
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· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
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· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.

Business

Over 2m Passengers Board Blue Rail Train – Commissioner

Published

2 days ago

May 1, 2025

The Tide

The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.

Nkpemenyie Mcdominic, Lagos