General
Customs Area 11 Command Onne Meets 93% of 2023 Revenue Target
By Bon Peters
The Customs Area Controller Area II Command, Onne Port of the Nigeria Customs Service (NCS), Comptroller Baba Imam, has disclosed that the command generated about N313 billion, about 93 per cent of the N336 billion revenue target for 2023.
He disclosed this while marking the 2024 International Customs Day over the weekend in Port Harcourt, the Rivers State capital.
Mr Imam stated that the amount surpassed the 2022 collection by N71 billion and represented a 30 per cent improvement.
“As of today, Friday, January 26, 2024, the command has collected N31.5 billion, which is above the 2023 January collection of N20.1 billion, with five days left to the end of this month,” he revealed.
In export, he said 1,929,121.22 metric tonnes of goods with a free on board (FOB) value of $10.2 billion or N9.5 trillion was processed through the command in 2023, and a total of N2.0 billion was recorded for Nigeria Export Supervision Scheme (NESS), insisting that “these are just a few of the results achieved with the purposeful engagement of our stakeholders and partners.”
Commenting on the theme for this year’s International Customs Day, Customs Engaging Traditional and New Partners with Purpose, Mr Imam said it was chosen to highlight the importance of collaboration and cooperation between customs administrations, International organizations, private sector entities and other stakeholders.
“By joining forces with both traditional and new partners, customs agencies can enhance their effectiveness in promoting trade facilitation, combating illicit trade, and supporting sustainable development,” he submitted.
On Area 11 Command, he further maintained that traditional partners such as the Nigerian Ports Authority (NPA), security/border and law enforcement agencies, regulatory authorities, shipping lines, customs agents, terminal operators, and road transport workers, as well as the media, have continued to be vital in ensuring customs operations run smoothly, emphasising that collaboration with these partners allows customs to share information, intelligence, and best practices, leading to coordinated efforts in addressing legitimate trade and other transnational threats such as smuggling.
Speaking further, he disclosed that the command would enhance its risk management capabilities, streamline processes and improve overall operational efficiency by leveraging the expertise of those traditional partners.
“In today’s interconnected world, the command needs to engage with new partners to stay ahead of the curve and respond effectively to evolving challenges as they arise,” he said.
General
GTCO Offers Vendors 204 Free Retail Stalls for 2026 Food and Drink Festival
By Dipo Olowookere
No fewer than 204 free retail stalls would be made available to vendors participating in the 9th GTCO Food and Drink Festival from Friday, May 1, to Sunday, May 3, 2026, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos.
The prestigious event is the brainchild of a global financial services organisation, Guaranty Trust Holding Company (GTCO) Plc, which is listed on the Nigerian Exchange (NGX) Limited and the London Stock Exchange (LSE).
This year’s theme, Everything Food and Drink, captures the expansive nature of the festival experience, reflecting not only the variety of cuisines on display but also the depth of stories behind them.
Over the years, the GTCO Food and Drink Festival has grown far beyond a seasonal celebration to become a culturally significant platform where food and drink serve as a meeting point for storytelling, innovation, and opportunity.
The provision of the free retail stalls is to showcase the rich diversity and creativity of the Nigerian food culture; from time-honoured traditional dishes preserved across generations, to bold contemporary interpretations of global cuisine, creating space for every flavour, every technique, and every craving to find expression.
Visitors can expect a rich programme featuring interactive masterclasses, live culinary demonstrations, food and wine tastings, and a vibrant marketplace showcasing small and medium-scale food businesses alongside established culinary brands.
In addition to its wide range of food and drink offerings, the GTCO Food and Drink Festival is renowned for its family-friendly atmosphere, with a well-equipped play area and a variety of engaging activities for children, ensuring an unforgettable experience for the whole family.
“The GTCO Food and Drink Festival has, over the years, become a living expression of what we stand for as an institution: innovation, opportunity, and enterprise that is accessible to all.
“What makes this platform special is not just its scale, but its humanity. It brings together people from different walks of life around something universal—food and drink—and in doing so, it breaks barriers and builds connections that extend far beyond the event itself,” the chief executive of GTCO, Mr Segun Agbaje, commented.
Since its inception, the GTCO Food and Drink Festival has positioned itself as one of Africa’s most prominent culinary gatherings, attracting participation from across Nigeria and increasingly from the wider continent and diaspora.
Admission remains free and open to all, reaffirming the festival’s commitment to accessibility as a consumer-focused event that brings people together through food, drink, culture, and enterprise.
General
Edun, Dangiwa Not Sacked—Presidency
By Adedapo Adesanya
The presidency has refuted reports that Mr Wale Edun, former Finance Minister, and Mr Musa Dangiwa, Housing Minister, were sacked by President Bola Tinubu.
In a statement signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, it was emphasised that Mr Edun duly tendered his resignation from office, citing health reasons, before President Tinubu announced his replacement on Tuesday.
As for Mr Dangiwa, no reason was given beyond handing in his resignation to the President.
Mr Edun, who clocked 70 on Monday and has battled recent ill health, fittingly submitted his resignation letter on his birthday, thanking the President for the opportunity to serve Nigeria.
“It has been a pleasure and privilege to serve your administration and the Renewed Hope Agenda”, his letter read.
“Under your leadership, Nigeria has emerged stronger, more resilient and more internationally respected.
“I wish you and the administration every success in the future”, he wrote.
According to the presidency, before the Office of the Secretary of the Government of the Federation announced his departure from the cabinet on Tuesday, Mr Edun paid a valedictory visit to the President at the Villa. He held an hour-long discussion with Mr Tinubu and then left to focus on his private businesses.
Mr Dangiwa, an architect, previously served as the managing director of the Federal Mortgage Bank between 2015 and 2022, as well as Secretary to the Katsina State Government, before President Tinubu appointed him as housing minister in August 2023.
Mr Edun, an economist and investment banker, served as Lagos State commissioner for finance between 1999 and 2004, during the tenure of then Governor Bola Tinubu.
Before then, he worked from 1980 to 1986 at Chase Merchant Bank (later Continental) in Lagos. He joined the World Bank in September 1986 through the elite Young Professionals program, where he worked on economic and financial packages for several countries in Latin America and the Caribbean.
In 1989, he co-founded Investment Banking & Trust Company Limited (now Stanbic IBTC) and served as executive director. In 1994, he founded Denham Management Limited, which has since become the Chapelhill Denham Group. He served as chairman from 2008 to 2021.
President Tinubu has expressed deep appreciation to both men for their dedicated service and significant contributions to the administration’s economic reform programme and wished them continued success in their future endeavours.
Mr Edun has been replaced by Minister of State for Finance, Mr Taiwo Oyedele, to consolidate ongoing reforms and advance the administration’s fiscal and economic objectives with renewed focus, discipline, and innovation.
President Tinubu will shortly send the ministerial nominee for housing, Muttaqha Rabe Darma, also from Katsina, like Mr Dangiwa, to the Senate for confirmation.
General
Residents Must Obtain Permit to Install Solar Panels in Our Estates—Lagos
By Modupe Gbadeyanka
The Lagos State government has said residents of its housing estates across the state are not authorised to install solar panels without first obtaining approval from the appropriate quarters.
A statement issued on Wednesday by the Director of Public Affairs in the Lagos State Ministry of Housing, Mr Ganiu Lawal, gave this clarification.
This arose from a recent social media post by a resident who raised concerns over the Ministry’s Monitoring and Compliance Team’s demand for solar panel installation approval during a routine operation at the Lagos State Millennium Housing Estate, Ibeshe.
In the statement, the Permanent Secretary in the ministry, Mr Abdulhafis Toriola, explained that residents are not allowed to make alterations in government-owned housing schemes to protect shared assets, prevent fire incidents and structural damage.
“An allottee must obtain approval from the Ministry for any intended alteration to the flat allocated and the building, and this includes installation of solar panels,” he stated.
Mr Toriola, an Engineer, further explained that the requirement, which is contained in the Letter of Allocation and Allottees Guide issued to all beneficiaries at the point of purchase, also aims to prevent fire incidents linked to unprofessionally installed solar systems.
According to him, the ministry was compelled to develop specific guidelines after solar panel installations began to create more problems than benefits for both users and non-users within government estates.
“In recent times, the ministry had to intervene in fixing leaking rooftops and incessant fire outbreaks caused by solar panel installation by some residents,” he said.
The senior government official noted that government estates are social housing interventions designed with connected shared assets and facilities for residents, with blocks of flats housing between two and thirty-two families.
“In order to minimise risk that will affect the entire building structure, the Ministry made regulations to stipulate guidelines for installation, the quality of materials such as cables and panel configuration, and the technical know-how of the installation personnel,” he added.
The guidelines, he said, are designed to protect other flat owners, insulate the entire building with insurance against damages, and apportion appropriate roof space to all flat owners to prevent disputes when multiple occupants in a block seek to install solar panels on the same roof.
He disclosed that the ministry was open to feedback from residents always, urging all allottees to reach out to the ministry when in doubt and comply with the established process to ensure safety, structural integrity, and harmonious coexistence in all state-owned housing estates.
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