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Critical stakeholders end Strike, Lauds Hassan Bello, Hadiza

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  • JCOST describes Truck stickers levy as illegal
  • As CBN releases list of items valid for forex

The ports debilitating 3-day strike by critical stakeholders to protest dilapidated road infrastructure around the ports finally ended yesterday, with the embattled groups saying it was in deference to pleas by the government and other well-meaning Nigerians.

Cargo Tracking Note (CTN), Mr. Hassan Bello, NSC Boss-- Maritime First Newspaper

Mr. Hassan Bello, NSC Boss

They however warned that they might be forced to down tools again, if the Government reneges on its assurances to urgently address the issue.

“As patriotic Nigerians, the Associations agreed that the economy should not be unduly further distressed. The Associations used the occasion to commend the Executive Secretary of the Nigerian Shippers Council (NSC),  Barr. Hassan Bello and the Managing Director of the Nigeria Ports Authority, Hajia Hadiza Bala Usman for their efforts at re-positioning the total logistics supply chain”, the joint statement highlighted, offering Government another 21-day ultimatum to rectify all the issues in contention so as to avert another round of withdrawal of service.

It would be recalled that about seven entities embarked on peaceful withdrawal of their services, and tactfully brought the economy of the sector to its knees.

The associations included the Association of Nigerian Licensed Customs Agents (ANLCA), National Association of Government Approved Freight Forwarders (NAGAFF), Corporate Fleet NARTO, Road Transport Employers Association of Nigeria (RTEAN), Association of Maritime Truck Owners (AMARTO), National Union of Road Transport Workers (NURTW), the Lagos Chamber of Commerce and Industry (LCCI) and the COTAN Frozen Goods and Commodities.

Prince Olayiwola Shittu, ANLCA Boss

Meanwhile, as efforts continued towards full restoration of services at the ports, unfolding indication is to the effect that a body of truck owners under the auspices of Joint Council of Seaport Truckers (JCOST) has sued the Nigerian Ports Authority (NPA) and Federal Road Safety Corps (FRSC) over what they described as ‘extortion’ by officials of the agencies. Their grievances was not unconnected to the sticker permit on truck standardisation issued by NPA to every truck accessing the ports at N10,000 each, which the JCOST suit insists is illegal.

Chairman of JCOST, Alhaji Kayode Odunowo, while addressing maritime journalists on Tuesday, alleged that too many levies were being paid by truckers to government agencies, which in turn have made their businesses unprofitable.

“Any moment from now we will be in court with the NPA over the issue of sticker permit and other obnoxious levies and fines by FRSC”, Odunowo indicated, stressing that the case has already been filed with the Federal High Court and would come up for mentioning soon.

According to him, the regulatory agencies have contributed negatively to haulage operations, stressing the need for government to reduce the number of agencies on the roads.

The truck owners, however, stated that apart from the Nigeria Airforce every other arm of the military and paramilitary agencies of government, including the Nigeria Navy, Army, Police, etc have been allegedly extorting money from transporters operating within the seaports

Odunowo who was accompanied by the secretary general of the council, Chief Godwin Ikeji, called on the government to create an enabling environment both for government agencies deployed on the highways and truck operators.

Speaking on some of the challenges faced by transporters operating within the ports corridors, the truck owners noted that it takes five days for a truck to access the seaport in Lagos, pointing out that the roads linking the ports are in deplorable condition.

On the suspended strike action by transporters and freight agents across the country, the council chairman lamented that the body was not carried along and the organisers did not adequately mobilise all the stakeholders.

Odunowo conceded that the initiative and motivation for the action were commendable but that JCOST was not involved. However, he said his organisation is not against the strike, noting that the “council had been involved in the issue of the poor port access roads which prompted a shortlived withdrawal of service sometimes last year and we spend more than N4 million to fill some of the bad spots on Apapa road that year.

“We are not part of the strike but we are interested in what brought about the strike. We have documents to show that we have written to the government concerning the bad condition of the ports access roads,” he said.

Odunowo however appealed to the government to expedite action in fixing the roads, saying it would help to forestall incessant cases of falling of trucks along the roads as well as help to cushion the effect on the trucks.

“We want government to repair the  ports access roads, we have been calling on the government to try their best as our trucks with containers are falling down every day, leading to loss of business for the truck owners and severe damage to goods in the the containers too.

“If the roads are in good condition, it will be easy for the trucks to move goods faster and do about three trips in a day”,  he added.

In the meantime, the Central Bank of Nigeria (CBN) yesterday released a list of items that can source foreign exchange (forex) from the market.

The list, sent to all authorised dealers, Nigeria Customs and the public, has 36 categories. It is  endorsed by Director, Trade and Exchange, W.D Gotring.

He said the list became exigent following misconceptions and enquiries across market on items that are “Valid for Foreign Exchange”.

The items that made the list include animal or vegetable fats and oils fractions, hydrogenated- not including palm oil/ olein and margarine; prepared glues and adhesive based polymers of headings 39.01 to 39.13 or on rubber; other plates, sheets, film, foil, and strip of polymers of ethylene printed- only for pharmaceutical and manufacturing.

Others are bobbins, spools, cops and similar supports of paper or paperboard used for winding textile yarn; uncoated kraft paper and board, in rolls, uncoated kraft paper and board, in rolls, paper coated with kaolin (China clay), synthetic filament, artificial filament, woven fabrics of synthetic filament yarn, including woven fabrics obtained from material polypropylene fabrics, of the type used as carpet backing.

The list also includes glass in balls, rods or tubes, unworked, float glass, coloured throughout the mass opacified, flashed or merely surface ground only for pharmaceutical manufacturing, non-domestic heating/cooling equipment, non-electric water heaters among others.

The CBN had earlier dismissed the speculation that it reversed ban on importers of 41 items from accessing foreign exchange through the forex window. The CBN said the 41 items will not be able to access forex.

Additional report from Nation

Economy

Nigeria Loses 50% Of Agricultural Produce Post-harvest – FAO

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Nigeria Loses 50% Of Agricultural Produce Post-harvest – FAO

Mr Ibrahim Ishaka, Food System/Nutrition Specialist at the Food and Agriculture Organisation (FAO) of the United Nations, revealed that Nigeria loses around 50% of its agricultural products along the food supply chain.

Ishaka disclosed this in an interview with the Newsmen on the sidelines of an FAO-organised training in Yola on Saturday.

He explained that food waste posed significant challenges to Nigeria’s agricultural sector, impacting food security, economic growth, and environmental sustainability.

“Some of these challenges include technological barriers, inefficient harvesting techniques, pest infestations, and lack of access to modern farming tools, all of which contribute to losses during harvest, largely influenced by consumer behaviour,” he said.

Ishaka further highlighted additional factors contributing to post-harvest losses, including inadequate storage facilities, poor handling practices and poor transportation infrastructure.

“These factors result in significant losses, especially for perishable goods such as fruits and vegetables.

He also noted that inefficient food processing methods, improper packaging, inadequate storage, and unhealthy consumption habits further exacerbate food waste.

“The nutrition expert highlighted several FAO initiatives promoting nutritious and sustainable practices within communities, focusing on reducing post-harvest losses, improving hygiene, and ensuring sanitation.

“These initiatives include investing in post-harvest infrastructure, building community capacity, training, and empowerment programmes, among others.

“I firmly believe that the key to empowering people, particularly in the northeast region, lies in giving them the power to make informed decisions and the power to educate others,” he said.

Ishaka mentioned the establishment of several FAO-supported centres that produce and distribute locally nutritious foods, such as ‘tom brown,’ to combat malnutrition and food insecurity in the region.

Ishaka mentioned the establishment of several FAO-supported centres that produce and distribute locally nutritious foods, such as ‘tom brown,’ to combat malnutrition and food insecurity in the region.

“These centres are run by local communities, promoting community-led initiatives to improve food security.”

He expressed optimism that the training would have a long-lasting impact on participants and their communities, enhancing overall well-being and food security through the adoption of best nutrition practices.

This initiative is part of the “Emergency Agriculture-Based Livelihoods Sustenance for Improved Food Security” programme, targeting Borno, Adamawa, and Yobe, with support from USAID. 

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Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report

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Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report

The Nigeria Extractive Industries Transparency Initiative (NEITI), says outstanding collectable revenues due to the Federal Government in the oil and gas industry have risen to 6.071 billion dollars and N66.4 billion as of June 2024, respectively.

NEITI disclosed this on Thursday in Abuja at the public presentation of its 2022 and 2023 Independent Oil and Gas Industry Reports.

It was reported that the report is being prepared by the NEITI Board and National Stakeholders Working Group (NSWG).

The report was unveiled by Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), alongside Sen. George Akume, Secretary to the Government of the Federation and Chairman, NSWG, NEITI and other dignitaries.

The breakdown of the report showed that outstanding liabilities were 6.049 billion dollars and N65.9 billion in unpaid royalties and gas flare penalties, due to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as collectable revenues by Aug. 31, 2024.

It also provided a detailed analysis of the information and data regarding who owes what in outstanding revenues due to the government.

Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report
(L-R) Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), with Sen. George Akume, Secretary to the Government of the Federation and Chairman, NSWG, NEITI and Mr Ikenga Ugochinyere, Chairman. House Committee on Downstream Petroleum

A further breakdown showed outstanding petroleum profit taxes, company income taxes, withholding taxes, and Value Added Tax  (VAT), due to the Federal Inland Revenue Service (FIRS), amounting to 21.926 million dollars and N492.8 million as of June 2024.

On fuel importation, the latest NEITI report disclosed that a total of 23.54 billion litres of Premium Motor Spirit (PMS) were imported into the country in 2022, while 20.28 billion litres were imported in 2023.

This represented a reduction of 3.25 billion litres, or a 14 per cent decline, following the removal of the fuel subsidy.

A detailed 10-year trend analysis (2014–2023) in the NEITI report showed that the highest annual PMS importation into the country, 23.54 billion litres, was recorded in 2022, while the lowest, 16.88 billion litres recorded in 2017.

The NEITI report also disclosed that a total of N15.87 trillion was claimed as under-recovery/price differentials between 2006 and 2023, with the highest amount, N4.714 trillion, recorded in 2022.

On crude production, fiscalised crude production in 2022 stood at 490.945 million barrels, compared to 556.130 million barrels produced in 2021, representing an 11 per cent decline.

However, in 2023, NEITI’s independent report revealed total fiscalised production of 537.571 million barrels, and 46.626 million barrels or a 9.5 per cent increase from total production recorded in 2022.

A 10-year trend (2014–2023) of fiscalised crude oil production in Nigeria showed the highest production volume of 798.542 million barrels was recorded in 2014, while the lowest, 490.945 million barrels, was recorded in 2022.

The NEITI report further provided detailed information and data on crude lifting, disclosing that in 2022, total crude lifting was 482.074 million barrels compared to 551.006 million barrels lifted in 2021.

“In 2023, total crude lifting stood at 534.159 million barrels, representing an 11 per cent increase of 58.08 million barrels,” the report stated.

On oil theft and crude losses, a total of 7.68 million barrels of crude were either stolen or lost in 2023, representing a significant drop of 79 per cent (29.02 million barrels) compared to 36.69 million barrels either stolen or lost in 2022.

NEITI’s independent industry report carefully reviewed all aspects of the regulatory framework for the oil and gas industry.

This included the legal framework, fiscal regime, roles of government entities and reforms, as well as laws, Petroleum Industry Act (PIA 2021) and regulations relating to addressing corruption risks in the oil and gas sector.

The event was supported by the European Union and the Rule of Law and Anti-Corruprion (RoLAC) programme being implemented by the International Institute for Democracy and Electoral Assistance (IIDEA). 

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Economy

EKO BRIDGE REPAIRS: LASG Rolls Out Diversion Plan Beginning Monday

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EKO BRIDGE REPAIRS; LASG Rolls Out Diversion Plan Beginning Monday

The Lagos State Government on Friday announced that traffic will be diverted away from Eko Bridge to facilitate emergency repairs by the Federal Ministry of Works. 

The diversion, according to the Commissioner for Transportation, Mr Oluwaseun Osiyemi, will commence on Monday, 16th September 2024, and will last for 8 weeks.

“The repairs will be carried out in four phases, during which the bridge will be intermittently fully or partially closed, depending on the work schedule”, Osiyemi stated, advising Motorists to use the following alternative routes during the repairs:

*Motorists heading to the Island from Funsho Williams Avenue can make use of the service lane at Alaka to connect to Costain and access Eko Bridge to continue their journeys.

*Alternatively, Motorists heading to the Island can access Costain to connect Eko Bridge to link Apongbon for their destinations.

*Motorists can also connect Apongbon inwards Eko Bridge to link Costain to access Funsho Williams Avenue.

*Motorists can also make use of Costain inwards Alaka/Funsho Williams Avenue or alternately go through Apapa Road from Costain and link Oyingbo to access Adekunle to link Third Mainland Bridge for their desired destinations.

*In the same vein Motorists heading to Surulere are advised to use Costain to link Breweries inward to Abebe Village to connect Eric Moore/Bode Thomas to get to their destinations.

The Commissioner for Transportation, Mr Oluwaseun Osiyemi, assures that Lagos State Traffic Management Authority officers will be deployed to the rehabilitation areas and alternative routes to minimize travel delays and inconvenience.

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