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WEPDN: Maritime Industry remains an Untapped Cash Cow

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WEPDN: Maritime Industry remains an Untapped Cash Cow

Logistics and transportation are the core of the maritime industry which are profit-generating areas of the maritime industry but relatively untapped, the CEO/MD, LeLook & Oceanserve Logistics, Chief Mrs. Chinwe Ezenwa has said.

According to Ezenwa, the maritime sector involves various aspects such as stevedoring, supply chain, and logistics which anyone interested in the Maritime industry can easily delve into.

She made this statement as a keynote speaker at the Women Entrepreneurs and Professionals Development Network’s (WEPDN) AGM/ Conference held at NECA House Alausa Ikeja Lagos on December 6th, 2022.

*L-R: Dr Obiora Madu CEO /MD Multimix Group, Mrs Affiong Israel Ibanga COO WEPDN, Iyalode Alaba Lawson Global Convener WEPDN, Chief Mrs Chinwe Ezenwa CEO/MD Lelook Bags & Oceanserve & Logistics.

She stressed that the maritime industry is lucrative and cannot be exhausted in terms of income generating.

She suggested that one could start locally by making fishing nets, baskets, and creating a small industry for the rural fishing community which includes providing dryers and cold room and transport systems to move the products to off-takers.

Dr. Obiora Madu, the CEO/ MD of Multimix Group who was a special guest at the event said that the Logistics and Supply Chain industry was one aspect of the maritime industry that entrepreneurs and students can explore.

Accordingly, he showed his willingness to partner with WEPDN in running a Logistics & Supply Chain Club in schools which will make students marketable in the maritime industry and any other industry of their choice.

 Obiora runs a certified logistic/ supply chain academy that has churned out big names in the logistics and supply chain sector.

Responding, the Global Convener of WEPDN, Iyalode Alaba Lawson, who was also an astute educationist and proprietress of Alaba Lawson Group of Schools in Abeokuta applauded the initiative and enjoined schools and students to avail themselves of the opportunity.

Mrs. Affiong Ibanga, the Chief Operating Officer of WEPDN added that “The Catch Them Young Initiative” of the association is billed to showcase more female players in the maritime industry in the nearest future.

Ibanga said that  WEPDN is willing to mentor the students through the clubs which is a paramount objective of the association.

Present at the event were women who were trailblazers in the Maritime industry in the person of Iyalaje of Kano, Dr. Hajia  Bolanle Muse, CEO/ MD of Bomarah Group, Dr Mrs. Anna Akpan, Retired Asst Director NIMASA, Mrs. Affiong Israel Ibanga, the COO of WEPDN and Vice Chairperson Operations, AML Bonded Terminal. The current DG of The Nigerian Chamber of Shipping, Mrs. Vivian Chimezie Azubuike who were panelists at the event.

Also present were students from Oregun Junior & Senior School and Ikeja High School.

It will be recalled that WEPDN was launched in November 2019 and this year witnessed the 3rd AGM & Conference of the association.

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Tincan Customs Command Generates N574.3bn Revenue In 2022

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Tincan Customs Command Generates N574.3bn Revenue In 2022

…Figures represent an increase of N80.90bn over N493.4bn of 2021***

The Nigeria Customs Service (NCS), Tin Can Island Port Command, generated revenue of N574.3 billion in 2022.

The Customs Area Controller (CAC), Tin Can Island Port Command, Comptroller Olakunle Oloyede, disclosed this at a news conference on Friday in Lagos.

Oloyede said the figure represented an increase of N80.90 billion or 16.39 percent when compared with N493.4 billion recorded in 2021.

“This feat can be attributed to the constant rejigging of the existing measures geared toward sustaining the command’s revenue profile.

“It is as well as utilisation of some disruptive strategic measures such as: periodic capacity building, reshuffling and redeployment of officers using the Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis and implementation of the Vehicle Identification Number (VIN) valuation,” he said.

Tincan Customs Command Generates N574.3bn Revenue In 2022

He noted that the command also ensured robust and continuous stakeholder engagements and collaborations with all sister government agencies and maritime associations.

“These led to timely intelligence sharing, utilisation and voluntary compliance to government’s extant laws by the trading public,” Oloyede said.

He added that the command increased surveillance on declarations made in order to sniff out improper declarations as well as offending items.

He pointed out that the system paid off with the command recording a total of 38 seizures with a Duty Paid Value (DPV) of N1.85 billion.

“These seizures comprise 763kgs of Colorado (Cannabis Sativa) weighing 345.1kg with a street market value of N714.6 million only as given by the National Drug Law Enforcement Agency (NDLEA), 5 x 40 containers of used motor tyre (5,060 pieces).

“Also among seized items are: 1,150 bales of second-hand clothing, 1,190 cartons of 20 per cartons of potassium bromate and baking powder, 11,392 cartons of 1,200 per carton Pharmacol injection chloroquine phosphate 322.5mg.5ml (IV and IM), 206,000 pieces of finished matchets.

“Also, 1,383 cartons of 50 rolls per carton of cigarettes, 650 cartons of 50 pieces per carton of new ladies shoes, 2,666 pieces in 36 pallets of new starter Ex-Premium Inverter Battery, 1,980 cartons of assorted non-alcoholic beverages and 1,048 cartons of Tilda basmati rice,” he said.

Oloyede listed others as 2,594 pieces of ammunition and 20 pieces of arms comprising of one pistol with 611090 (S/W) model JCP 40mm, one used Co2 air pistol with accessories cal 117(4.5m)BM, one marksman repeater pistol, six Mace pepper gun and 10 suspected arms of various types.

He said that the seizures when compared with the 2021 record of 27 seizures with a Debit Note of N607.27 only, show an increase of 11 seizures and N1.24 billion.

He said that the increase in the DPV rate could be associated with increased surveillance and intensified anti-smuggling drive, high value of seized items and Naira depreciation that led to higher exchange rates on imported items.

“These prohibited items were seized and forfeited to the Federal Government in line with the provision of Sections 46 and 161 of the Customs & Excise Management Act (CEMA) Cap 45 LFN 2004 and Absolute Prohibition List of CET 2022- 2026.

“The command pertinently acknowledges the prominent roles played by the Customs Intelligence Unit, Valuation Unit, Federal Operations Unit, CGC Strike Force as well as interventions of Sister Regulatory Agencies like the NDLEA, Standards Organisation of Nigeria SON, the Nigeria Police and others in ensuring these seizures and detentions were made.

“A total of 60 suspects were detained in 2022 and were granted administrative bail while the command has 8 cases pending in court,” he said.

Oloyede said the command recorded a significant increase in the Free On Board (FOB) of exports in the period under review to the tune of $589,696,648 (N242,365,322,333.00) as against the $496,075,796 (N141,985,109,159.00) recorded in 2021.

He attributed the increase of 34.4 percent on the FOB to high quality and value of exported commodities.

“However, the export report shows a decrease in tonnage of export from 1,723,986.8 in 2021 to 336,179.5 in 2022.

“The decrease in tonnage could be connected to current government fiscal policy which prohibited the export of wood and wood products as well as the global unrest with its concomitant economic challenges,” he said

He listed the commodities exported through the command to include: cocoa beans, insecticides, dried ginger, empty bottles, soya beans, cashew nuts, cigarettes, rubbers, cocoa butter, frozen shrimps, copper ingots, aluminum ingots, sesame seeds and other manufactured items.

“Cocoa beans was the highest exported commodity while the legend stout was the least exported commodity.

“The future of export in the command looks brighter as the command in line with the headquarter circular on Export Standard Operating Procedure (SOP) released a Port Order on the Command’s harmonised SOP for the seamless facilitation of Export Trade in strict compliance with Extant Laws and guidelines on Export,” he said.

He thanked all stakeholders and sister government agencies involved in the export chain with special commendation to the Nigeria Ports Authority for seamless collaboration in facilitating the clearance process of export-related cargo at the command.

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Ibrahim takes over at PTML Customs, Tasks Officers on Discipline

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Ibrahim takes over at PTML Customs, Tasks Officers on Discipline

 Comptroller Ali Mahmoud Ibrahim took over as Customs Area Controller of Port Terminal Multiservices Limited (PTML) Command on Tuesday from Compt. Suleiman Bomai who was recently promoted to acting ACG. 

While taking over, Ibrahim charged officers and stakeholders to sustain their level of discipline and improve on revenue collection.

Describing discipline as key to other virtues of productivity like honesty, punctuality and dedication to duty, he expressed confidence in achieving a higher collection of duty.

The new Area Controller was optimistic that with the maximum support of his lieutenants, other government agencies and port users, revenue increase is achievable. 

Ibrahim solicited the cooperation of terminal operators, importers, agents and other stakeholders in achieving the service objectives which include revenue collection, suppression of smuggling and trade facilitation.

He commended his predecessor, Acting Assistant Comptroller General Suleiman Bomai for his excellent achievement and expressed willingness to always consult with him whenever the need arises.

Comptroller Ibrahim thanked the Comptroller General of Customs, Col. Hameed Ibrahim Ali, CFR and the management team for the appointment, with a pledge to work in line with the service rules. 

Before formally handing over, Ag. ACG Bomai described Comptroller Ibrahim as an experienced officer vast with three notable attributes.

According to Bomai, Comptroller Ibrahim has been well exposed in administration having spent a good number of years at the NCS headquarters in Abuja; excellent in revenue collection with experience from different commands of the service and uncompromising in enforcement.

The Acting ACG advised all customs officers in PTML, sister agencies and the port users to extend the cooperation and industrial harmony he enjoyed to the new Area Controller.

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Economy

Lagos-Ibadan Expressway Rehabilitation: LASG announces traffic diversion at Old Tollgate/ Berger axis

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Lagos-Ibadan Expressway Rehabilitation: LASG announces traffic diversion at Old Tollgate/ Berger axis

In continuation of the ongoing rehabilitation of the Lagos-Ibadan Expressway by the Federal Ministry of Works, the Lagos State Government has announced that traffic will be diverted at the Old Tollgate to Berger section of the road from Monday 30th January till Friday 15th April 2023.

In the notification received by the Lagos State Ministry of Transportation, it was disclosed that the construction will be carried out in short segments to minimize inconveniences for Motorists while traffic on the Ibadan-bound carriageway will be narrowed to two lanes to allow for the reconstruction of half of the Ibadan bound carriageway.

The Transport Commissioner, Dr. Frederic Oladeinde further stated that the U-turn in front of the Lagos State Emergency Centre will be temporarily closed to traffic, adding that Motorists on the Expressway will be diverted to the next U-turn at the Old Toll Gate by the traffic control point.

 In the same vein, Traffic from CMD Road intending to connect 7UP and Motorways on the Lagos bound carriageway will make use of the Old Tollgate/Traffic Point U–turn as well.

He equally stressed that trucks and heavy-duty vehicles will be diverted to Ojota Interchange. 

The Commissioner also explained that traffic on CMD Road inbound the Expressway will be diverted to the entry point beside the FMW weighbridge to access the Expressway on a contraflow as the exit route to the Expressway by Caleb International School will equally be temporarily closed, adding that CMD Road will be used as an alternative for the displaced Ibadan bound traffic.

Oladeinde appealed to the citizenry to shun indiscriminate stopping, waiting and parking along CMD Road as it will complement the efforts of the Traffic Management Team that will be deployed to manage vehicular movement. He also affirmed that signage with directions will be mounted along the road to guide Motorists.

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