Author: Saint Augustine

Ports & Cargo Handling Services Limited, a subsidiary of the SIFAX Group, on Saturday recorded a fire incident at it’s facility located at the Tincan Island Port, Apapa, Lagos. A statement signed and issued in Lagos on Saturday by the Group Head, Corporate Communications, SIFAX Group, Muyiwa Akande disclosed that the inferno which happened at the IT office of the company affected key IT equipment. “However, we are glad to report that this unfortunate incident has not resulted in any data loss due to the excellent back-up plan the company has put in place to safeguard its data. “While minimal…

In response to the recent statutory retirements within the Nigeria Customs Service, NCS, the Comptroller General of Customs, CGC, Bashir Adewale Adeniyi has taken decisive steps to bolster the service’s leadership with appointment of two management members in acting capacity and redeployment of four others to fortify strategic operations and optimize service delivery across various departments. The newly appointed management members are poised to steer the NCS towards enhanced efficiency and effectiveness. Their diverse expertise and proven track records are expected to inject fresh momentum into critical areas such as  revenue generation, anti-smuggling, and trade facilitation. A breakdown of the appointments/redeployments…

By Mmaduabuchi Onwumelu As part of efforts towards advancing Information Technology, IT development in Nigeria, Anambra and Lagos States have agreed to a collaborative partnership that will see to the strengthening of their respective IT ecosystems. This collaborative effort which stemmed from bilateral meetings with the IT Ecosystem members during the Reverse Trade Mission in the United States of America, is geared towards addressing emerging challenges, fostering innovation, and enhancing the overall cybersecurity infrastructure. This, no doubt, resonates with the Federal Government’s call, through the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, at the recently concluded meeting…

Agriculture experts have advocated smart farming practices to combat climate change, improve productivity and enhance food security in the country. They noted that if climate change challenges were not nipped in the bud, more than 52 per cent of the country’s agricultural production would be threatened by 2050. The experts under the aegis of The Society For Climate Action in Nigeria, SCAN, in collaboration with the University of Port Harcourt, disclosed this during a workshop organized for women and youth leaders on Thursday in Port Harcourt the Rivers state capital. A Senior Lecturer, Department of Agricultural Extension and Development Studies,…

President Bola Ahmed Tinubu has been urged to initiate a radical restructure of Nigeria’s foreign exchange policy to prevent stockpile of dollars and pounds by minority few in the society. The Chairman of SOWENON group, a non governmental organisation, Dr. Sam Olufemi Jenfa made the call in a reaction to the continued fall of the Naira against the major foreign currencies, which has led to skyrocketing price increase of goods and services in Nigeria. “The state of Nigeria’s economy, to be modest, has collapsed beyond imagination and this is obvious to the blind person without going into the theoretical analysis…

…Threatens to join forces with NLC, others to shut down ports  Following the fluctuations and inconsistencies in the exchange rate for calculation of customs duty, the Association of Nigeria Licensed Customs Agents, ANLCA has called on the federal government to ensure that the exchange rate for customs duty payment at the port is stabilized by fixing it over a period of time, at least six months. The National President of ANLCA, Mr. Emenike Nwokeoji who made this suggestion at a press conference in Lagos on Thursday explained that the time frame being suggested was advised by the usual time it…

…As comptroller General says possession of NIN only criteria to benefit In its avowed commitment to food security in the country and in a bid to mitigate the hardship faced by Nigerians, the Nigeria Customs Service, NCS, today flagged off the sale of 25kg bag of rice to Nigerians at a discounted price of ten thousand naira (N10,000.00) only. Speaking at a press conference to flag off the event in Lagos, the Comptroller General of Customs, Mr. Bashir Adewale Adeniyi recalled that in recent months, the government had been addressing the challenges faced within the economy, particularly the lagged effects…

RiceAfrika, a leading agritech company transforming smallholder farming in Africa, has secured support from the Somaliland government to introduce its tech-driven solutions to boost agricultural productivity in the country. In a meeting on Wednesday at the Presidential Palace in Hargeisa, RiceAfrika Founder and CEO, Ibrahim Maigari Ahmadu gained assurances from Vice President Abdirahman Abdillahi Ismail. The VP pledged to provide an enabling environment for the company as it aims to empower Somaliland’s smallholder farmers through its award-winning FarmEASY Operating System. “We are grateful for the commitment from the Somaliland government,” said Ahmadu. “With their partnership, we can transform agriculture for…

As Nigeria finds itself at a critical crossroads, grappling with simultaneous challenges of food crisis and foreign exchange, FOREX shortage. This is even as the nation seeks solutions to mitigate these pressing issues, the debate over whether or not to open its borders for importation has intensified. The food crisis gripping Nigeria has raised concerns about food security and access to essential nutrition for millions of citizens. Adverse weather conditions, supply chain disruptions, and other factors have contributed to dwindling food supplies and soaring prices, placing a significant strain on households and exacerbating the vulnerability of already marginalized communities. Meanwhile,…

SIFAX Group, one of the major sponsors of the Nigerian Football Supporters Club, NFSC to the recently-concluded African Cup of Nations, AFCON tournament in Côte d’ Ivoire has said the desire to see the country lift the continental trophy for the fourth time and forging unity across the country was the driving force behind its support for the supporters’ club. According to Olumuyiwa Akande, Group Head, Corporate Communications, SIFAX Group has always been a great supporter of Nigerian football and has established a great relationship with NFSC over the years, resulting in sponsorship to some major football tournaments. He said:…