Author: Saint Augustine

The Comptroller General of the Nigeria Customs Service, Bashir Adewale Adeniyi, is set to lead a delegation to the 2024 Finance and Business Online Publishers, FiBOP capacity-building workshop. This prestigious event, themed, “Digital Innovation: Deepening Infrastructure for Efficient Financial Ecosystem”, will take place from October 18-20, 2024 at the Orchids Hotel in Lekki, Lagos. As a key speaker, Adeniyi will shed light on the strategic importance of digital infrastructure to import duty collection and accountability. He brings his expertise in customs administration, having recently made key appointments and redeployments within the Nigerian Customs Service to enhance its leadership and optimize…

The Nigeria Customs Service, NCS, Apapa Port Command has busted an attempt at smuggling illicit drugs worth a total of N1,183,915,500 (one billion, one hundred and eighty three million, nine hundred and fifteen thousand, five hundred naira) into the country in 4 units of 40ft containers. Breakdown of the seizures shows they were 236,783 bottles of cough syrup containing codeine and barkadin cough syrup packed in a total of 2,174 cartons from two terminals under the command. Three of the seizures were made in APM Terminals and one was made at Kachicares Bonded Terminal. Giving further details on the seizures,…

The Oyo State Government and the United Nations Children’s Education Fund, UNICEF, Lagos Field Office have urged residents of the State to recommit to the practice of proper hand washing method. The Chairman, Oyo State Rural Water Supply and Sanitation Agency, OYORUWASSA, Mr. Babalola Afobaje stated this at an event in Okolo, Ibarapa-East Local Government Area of Oyo State to commemorate the Year 2024 Global Handwashing Day, with the theme “Why are Clean Hands still Important?” He emphasized the life-saving importance of handwashing with soap, calling it a health necessity, that prevents the spread of diseases such as cholera, diarrhea…

By Chukwuma Charles Soludo, CFR The Anambra State House of Assembly passed two progressive legislations pursuant to its powers under the Constitution (Anambra State Economic Planning and Development Law, 2024; and Anambra State Local Government Administration Law, 2024), and I have signed them into law. This has generated commentaries and debates especially in relation to their consistency or inconsistency with the recent Supreme Court judgement and the mantra of “local government autonomy.” My media team, other members of my government as well as well meaning Nigerians have vigorously defended these progressive laws and that should suffice. At this moment in…

The Nigeria Customs Service, NCS has said that it has extended the verification exercise for the recovery of import duties on illegally imported private aircraft by one month. According to a statement signed in Abuja on Monday by the National Public Relations Officer of the Service, Chief Superintendent of Customs, Abdullahi Maiwada, the one month period takes effect from Monday 14th October, 2024 to Thursday 14th November, 2024. The statement explained that the extension was to further engage operators who had expressed willingness to regularize their import duties, providing them with an additional window to comply with the necessary regulations. …

…As ICRC DG expresses readiness to partner NIMASA on maritime sector development Dr. Dayo Mobereola, the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA has asserted that adopting the Public Private Partnership, PPP model is essential for the infrastructural development of Nigeria’s maritime sector. The Director General who made this statement while hosting Dr. Jobson Oseodion Ewalefoh, the Director General of the Infrastructure Concession Regulatory Commission, ICRC, emphasized the importance of the Commission’s increased involvement in attracting private investors to develop infrastructural capacity in Nigeria’s maritime sector. Accordingly, Mobereola said; “We appreciate the Management of the ICRC…

The Comptroller-General of Customs, CGC, Bashir Adewale Adeniyi, held a high-level meeting with the Secretary General of the African Continental Free Trade Area, AfCFTA, Wamkele Mene on the margins of the Biashara Afrika 2024 forum hosted in Kigali, Rwanda, from 9th to 11th October 2024. This significant engagement brought together key stakeholders to discuss ways to enhance intra-African trade and foster deeper economic integration. The meeting between the CGC and the Secretary-General provided a unique opportunity to refine strategies aimed at improving trade facilitation under the AfCFTA agreement. Discussions centered on addressing existing bottlenecks and encouraging small and medium-sized enterprises,…

SIFAX Group has highlighted the strategic role that customers and employees play in the growth and survival of its various businesses. Both stakeholders have been described as the blood that businesses need to grow. This was disclosed as the company celebrated the 2024 annual Customer Service Week with the theme “Above and Beyond” Speaking at the grand finale of the week-long celebration, Wunmi Eniola-Jegede, Group Coordinating Director, SIFAX Group, said no business can survive without these two key stakeholders. She said: “This week presents the company another good opportunity to celebrate our customers who have continued to keep our businesses going…

…We stand with you, CNCSOs tells Matawalle, Ribadu The Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, and the National Security Adviser, NSA, Nuhu Ribadu has been lauded by the Coalition of Northern Civil Society Organisations, CNCSOs for their decisive and robust leadership in the ongoing battle against banditry and terrorism in Northern Nigeria. This commendation follows the recent successful military operation that led to the elimination of a notorious terrorist leader, Mai Hijabi, marking a significant breakthrough in the fight against insecurity in the region. The CNCSOs, through its spokesperson, Alhaji Usman Usman, eulogized Dr. Matawalle and…

Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its Q3 2024 unaudited results filed with the Nigerian Exchange (NGX), Transcorp Power reported revenue of N223.6 billion, representing a significant 153% growth year-on-year, over N88.4 billion in Q3 2023, highlighting operational efficiency, profit before tax for the period surged by 198%, recording N81.1 billion, compared to N27.3 billion in September 2023. Key Financial Highlights: •Revenue Growth: Achieved N223.6 billion in Q3 2024, a 153% increase…