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NACCIMA Calls For Good Business Ethics, Best Practices

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The Nigerian Association
of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) , has called for good business ethics and best practises that would guarantee sustainable national economic development.
The NACCIMA President, Alhaji Mohammed Abubakar, made the call in Abuja at the inauguration of Nigeria’s Centenary Trade Fair last.
Abubakar, who also served as chairman of the occasion, was represented by the National Vice President of NACCIMA, Mr Billy Gillis-Harry.
He said that the much-expected transformation of the national economy would only be realised through the adoption of good business ethics and best practices in both the public and private sectors.
The NACCIMA boss also described the theme of the fair, “Celebrating Creative Industrial Excellence in Production and Innovation through Unity in Diversity,’’ as timely and relevant to the country’s centenary celebration.
“The issue of creative industrial excellence in production and innovation cannot be overemphasised in the developmental process of any nation.
“Nigeria has abundant human resources that are highly skilful, creative and innovative in their different endeavours.
“Therefore, as we celebrate our 100 years of unity, it will not be out of place to celebrate our entrepreneurs’ creative industrial excellence and innovations since 1914 till date, which have contributed to bring us this far,’’ he said.
The NACCIMA president urged governments at all levels to invest more in infrastructural development, so as to enhance the country’s global market competitiveness.
He lauded the President Goodluck Jonathan administration for its commitment to the transformation of the economy, and pledged the support of the nation’s chamber of commerce movement.
Abubakar commended the Abuja Chamber of Commerce, Industry, Mines and Agriculture (ABUCCIMA) for organising the fair, and expressed the hope that both visitors and exhibitors would “have profitable and rewarding business interactions’’.
In his welcome address, the president of ABUCCIMA, Mr Solomon Nyagba, also stressed the need for the sustenance and strengthening of public and private sector partnerships.
He said that the partnerships would boost the innovative capacity of companies, as well as broaden and strengthen the nation’s industrial sector.
Nyagba said that the fair aimed at showcasing made-in-Nigeria goods and services, especially in key areas of industrial and manufacturing sectors of the economy.
“The fair is aimed at showcasing the huge strides Nigeria has made as a nation in the scientific, technological and industrial spheres.
“It is also meant to showcase the vast and varied agricultural, mineral and other national resources available in our economy,’’ he said.
Nyagba lauded the Federal Government for its economic development policies that promote the growth of small and medium enterprises in the country.
The Minister of the Federal Capital Territory, Sen. Bala Mohammed, commended ABUCCIMA for its commitment to the growth and development of the country’s SME sector.
Bala, represented by Mr Lawal Nuhu, the FCTA Deputy Director of Economic Planning, said his administration would continue to assist the chamber with needed support. (NAN)

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Western Marine Command Intensifies Anti-Smuggling Operations … Intercepts N8.75m Worth PMS

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For officers and men of the Western Marine Command of the Nigeria Customs Service (NCS), the battle is not over until smuggling is over.
In the wake of Wednesday May, 8, 2024, the ever vigilant officers, acting on a tip-off, intercepted 177 sacks and 61 kegs of 25 litres containing petroleum products, valued at about N8.750,000million.
The items were intercepted along Isalu Creek, Badagry Waterway en-route Benin Republic.
While briefing newsmen, the Command’s Customs Area Controller, Comptroller Paul Bamisaiye, said: “This seizure is most economically significant to the Command at this period of scarcity of Petroleum Products, especially Premium Motor Spirit (PMS) in our cities, and shows the anticipatory posture in our response to economic saboteurs.
“At about 2:330hrs on Wednesday 8th May 2024, while on joint patrol by teams in the Command, credible intelligence was received of the movement of 2 boats laden with what was suspected to be petroleum products concealed in sacks. Upon receipt of the information, the team moved into Isalu creeks, Badagry waterway.
“On sighting the approach of the Officers, the smugglers took to their heels through the shore of the Creek. The loaded boats were then towed to the station at Badagry where preliminary examination was conducted and transferred to Western Marine Command Headquarters, Ibafon, Apapa, Lagos.
“Careful examination at the Command Headquarters revealed that the arrest was found to contain One Hundred and Seventy Seven (177) Sacks and Sixty One (61) Kegs of 25 Litres Premium Motor Spirit (PMS) containing Twelve Thousand Five Hundred (12,500) Liters with a total Duty Paid Value standing at Eight Million Seven Hundred and Fifty Thousand Naira (N8,750,000) only”.
Bamisaiye noted that the action of the smugglers is a contravention of Section 245 & 254 of the Nigeria Customs Service Act 2023 which the service, through Western Marine Command, is responsible for enforcing.
“The Command, under the leadership of Compt. PK Bamisaiye, is poised more than ever to rid the waterways of all acts of smuggling and economy sabotage for the benefit of the growth of economy of Nigeria”, he said
Bamisaiye said so far, no suspect was arrested in the Command’s anti-smuggling operations.

Nkpemenyie Mcdominic, Lagos

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Illegal PMS Trading Booms In Lagos

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Petroleum products  being sought by motorists have disappeared from virtually all filling stations within Lagos and its environs, but are now booming in business in retail outlets.
Investigations by our correspondent revealed that while the product could not be got at some of the petrol service stations, activities are in top gear in the local retail outlets where the price has gone beyond the reach of users.
It was also gathered that in some filling stations supplied with the products, preference are often given to retail outlet operators by petrol attendants against the consuming public.
A source, directly involved in the business, said some petrol dealers are cashing on the irregular supply to divert the products to retail outlets where they could easily make their gains.
It was also gathered that some sales representatives in the service of major oil marketing firms indulged in the diversion exercise because of their personal interest.
At the retail outlets a liter goes for N950,00 against the normal N760,to N800 at some stations.

Nkpemenyie Mcdominic, Lagos

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Customs Board Appoints Five DCGs, Eight ACGs

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The Nigeria Customs Service Board (NCSB) has confirmed the appointment of five Deputy Comptroller-Generals (DCGs) and eight Assistant Comptrollers-General (ACGs) of Customs during its 59th regular meeting.
The meeting, chaired by the Honorable Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, was held at the Nigeria Customs Service Headquarters in Abuja last Tuesday.
National Public Relations Officer of the Service, Chief Superintendent of Customs, Abdullahi Maiwada, who disclosed this in a statement yesterday, gave details of the confirmed appointments as: O.O. Peters (DCG /Commander, Training and Doctrine Command (rtd); B.M. Jibo (DCG Enforcement Inspection & Investigation); and B.U. Nwanfor (DCG Excise, Free Trade Zone & Industrial Incentives).
Others are: S.A. Bomia (DCG, Commander Training and Doctrine Command); and C.K. Niagwan (DCG, Tariff & Trade).
The Assistant Comptrollers General (ACGs) are: B. Imam (ACG Board); A.A.S. Oloyede (ACG, Trade & Tariff); S.K. Dangaldima (ACG/Zonal Coordinator, Zone ‘B’); A. Abdul Azeez (ACG/Zonal Coordinator, Zone ‘D’); S.A. Yusuf (ACG, Human Resource Development); N.P. Umoh (ACG, Training and Doctrine Command); C.O. Obih (ACG/Zonal Coordinator, Zone ‘C’); and S. Chiroma (ACG, Strategic Research and Policy).
The new appointments, according to the statement, were made to fill the vacancies created by some senior officers who recently retired from the Service, noting that the principles of federal character, seniority and merit guided the appointments approved by the board.
“These appointments are a testament to the officers’ exemplary services and dedication to the Nigeria Customs Service. The NCSB remains committed to providing strategic leadership to ensure effective and efficient service delivery for optimum performance”, he said.
While thanking the retired members of the management for their meritorious services, the Comptroller General of Customs, Bashir Adewale Adeniyi, congratulated the newly confirmed officers and charged them to redouble their efforts to ensure the service attains greater heights in its mandates of revenue generation, suppression of smuggling, and trade facilitation amongst others.

Nkpemenyie Mcdominic, Lagos

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