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Nigeria to Become Top 3 Most Efficient Trade Gateways in Africa 2026

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By Adedapo Adesanya

Nigeria is intensifying efforts to make its ports among the best three in Africa by the end of next year through the implementation of the National Single Window.

The Vice-President, Mr Kashim Shettima, said this on Thursday during the second meeting of the Ports and Customs Efficiency Committee at the Presidential Villa, Abuja.

Mr Shettima explained that the policy aims to create a single platform to harmonise documentation, minimise human contact, and bring full transparency to the cargo clearance process, adding that it will be a game changer at the ports.

He noted that the target was to reduce average cargo clearance time from 21 days to less than seven days by the end of 2026, saying the policy will position Nigerian ports among the top three most potent trade corridors in Africa.

“By the end of 2026, we aim to reduce average cargo clearance time in Nigeria to under seven days and to position our ports among the top three most efficient trade gateways on the continent,” he said.

“The forthcoming implementation of the National Single Window in the first quarter of next year will be a game changer, a single platform that harmonises documentation, minimises human contact, and brings full transparency to the cargo clearance process,” he added.

Mr Shettima directed the Nigerian Ports Authority (NPA), the Nigerian Customs Service (NCS), the National Agency for Food and Drug Administration and Control (NAFDAC), the Standard Organisation of Nigeria (SON), and other relevant agencies to come up with a roadmap on how to make Nigeria’s weights and measures framework effective.

He said the target is to improve port operations, make cargo clearance faster and more efficient by reducing average cargo clearance time from 21 days to less than seven days by the end of 2026.

Mr Shettima expressed dismay over cargo dwell time at Nigeria’s major ports” currently averages between 18 to 21 days.

“This is compared to Ghana and Cotonou, Benin Republic, where it takes five to seven days and just four days respectively.

“The cost of clearing goods in Nigeria is estimated to be 30 per cent higher than in many of our regional peers.”

According to him, the nation’s ports record cargo dwell times 475 per cent above the global average benchmark.

“These inefficiencies are not just statistics; they are symptoms of an economic ailment that costs us investments, drives up consumer prices, and weakens our export competitiveness.

“We simply cannot afford to continue down this path,” he noted.

He also expressed optimism that the Executive Order on Joint Physical Inspection currently before President Bola Tinubu, “stands as one of the boldest and most decisive steps toward reversing these trends.

“It marks the dawn of a new era, an era where agencies work together, where systems speak a common language, and where traders and investors can depend on predictability, transparency, and speed,” he added.

He demanded synergy among the NPA, NCS, NAFDAC, SON, NIS and other relevant agencies, saying that the era of working in silo was over.

“But no reform succeeds without ownership. Every agency represented here, the NPA, NCS, NAFDAC, NDLEA, SON and Immigration, the Quarantine Service, as well as all our partners, must see ourselves not as isolated operators, but as links in a single, integrated value chain.

“The era of siloed operations must end. Inter-agency rivalry must give way to inter-agency synergy.

“We are only as efficient as our collaboration allows, and our success will depend not only on what we do individually, but on what we achieve together,” Mr Shettima said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NMDPRA Records 30% Drop in Gas Imbalance on Western Network

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By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a 30 per cent reduction in gas imbalance on the country’s Western Network following the conclusion of its first-half 2026 Nigerian Gas Network Reconciliation (NGNR) Workshop.

The workshop brought together gas transporters, suppliers, shippers and off-takers to reconcile gas volumes traded between January and June 2026, while introducing a Network Entry/Exit Point Measurement Infrastructure Audit Template aimed at improving metering accuracy and accountability across the gas transmission network.

In a communiqué issued after the workshop, the authority said participants also reviewed the performance of the Nigerian Gas Transmission Network, assessed progress on major pipeline infrastructure projects, and received updates on the ELPS Gas Shrinkage Factor and Hydraulic Modelling Project.

Discussions focused on addressing metering gaps, improving network visibility through Supervisory Control and Data Acquisition (SCADA) integration, and enhancing system reliability ahead of the commissioning of the Ajaokuta-Kaduna-Kano (AKK) Pipeline System.

The workshop adopted key resolutions, including the execution of outstanding Network Exit Agreements, mandatory submission of measurement audit templates and closer collaboration among industry stakeholders to improve network pressure management.

Speaking at the closing session on behalf of the authority’s chief executive, Mr Rabiu A. Umar, the Director of Transportation Systems and Networks, Mr Joseph G. Musa, said the biannual reconciliation exercise had become critical to promoting equitable gas transactions, transparency, investor confidence and efficient network operations.

Mr Musa noted that since the NGNR process was introduced in 2023, it had significantly improved gas measurement, strengthened regulatory compliance through consequence management, reduced operational imbalances and contributed to a more reliable domestic gas supply.

The workshop concluded with participants adopting the reconciled H1 2026 gas volumes, reaffirming the authority’s commitment to a transparent, efficient and reliable domestic gas market.

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Swedfund Supports Climate Resilience in African Food Systems With $12m

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By Modupe Gbadeyanka

An investment that supports growing food and agriculture companies across Africa that strengthen agricultural value chains has been made by Swedfund.

The organisation is putting down about $12 million to strengthen climate resilience in African food systems through the Acumen Resilient Agriculture Fund II (ARAF II).

By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.

Over 30 million smallholder farmers operate across Sub-Saharan Africa, accounting for 80 per cent of all farms and producing 70 per cent of the region’s food (IFAD). Yet many face limited access to finance, quality inputs, reliable buyers and market information. At the same time, they are among those most exposed to climate change and weather-related shocks, which threaten harvests, incomes and food security.

The investment has an ambition to reach around four million smallholder farmers through ARAF II’s portfolio companies. It also aims to meet the criteria of the 2X Challenge, which promotes investments that support women’s economic empowerment.

ARAF II invests in businesses that address key gaps in agricultural value chains, from improving market access and reducing post-harvest losses to expanding financial and digital services for farmers. By helping these businesses grow, the investment aims to improve productivity, strengthen local value chains and increase the resilience of food systems.

Swedfund invests alongside other development finance institutions and investors to help mobilise long-term capital for businesses that often struggle to access financing despite their potential to strengthen food security, climate resilience and economic development across Africa.

“Climate change is already affecting the livelihoods of millions of smallholder farmers across Africa. Investing in businesses that improve access to markets, finance and agricultural services helps farmers strengthen their resilience, increase productivity and build more stable incomes. That is essential for more resilient food systems,” the Investment Director of Food Systems and Strategic Investments at Swedfund, Ms Helen Hagos, said.

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SERAP Urges Tinubu to Probe Alleged N6.79bn Diversion in Police, Ministry

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By Adedapo Adesanya

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order a probe into the alleged diversion, disappearance and misapplication of more than N6.79 billion in public funds within the Nigeria Police Force (NPF) and the Federal Ministry of Police Affairs.

The grave allegations are documented in the latest Annual Report of the Auditor-General of the Federation published on September 9, 2025.

SERAP said, “Anyone suspected to be responsible—including contractors, companies and public officials implicated in the report—should be promptly prosecuted, while all missing public funds, firearms and ammunition should be fully recovered, secured and properly accounted for.”

In the letter dated August 1, 2026, and signed by SERAP deputy director, Mr Kolawole Oluwadare, the organisation said: “The Auditor-General’s findings suggest a grave betrayal of the public trust and raise serious concerns about corruption and the management of public funds, police exhibits, firearms and ammunition.”

SERAP said: “The report also raises serious concerns over missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for exhibits, and the insecure storage of firearms, creating significant risks to public safety and national security.”

According to the group, “The diversion of funds meant for policing, abandoned security projects, missing firearms and ammunition, and the misuse of police exhibits undermine the operational effectiveness of the Nigeria Police Force, weaken public confidence and may contribute to Nigeria’s worsening insecurity.”

The letter, read in part: “The report documented numerous alleged financial irregularities within the Nigeria Police Force and the Federal Ministry of Police Affairs, including payments for projects that were never executed, abandoned contracts, inflated contract costs, and irregular procurement.”

“The report also documented unretired cash advances, unsettled insurance claims, payments for services allegedly not rendered, and other suspected diversion and misapplication of public funds amounting to over ₦6.79 billion.”

“The allegations also include missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for recovered firearms and other exhibits, and the insecure storage of firearms, posing serious risks to public safety and national security.”

“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal action to compel your government to comply with our request in the public interest.”

Some of the others include: N499,875,500.00 for the construction of Police College Phase II, Bashar, Plateau State; N12,931,000.00 for the rehabilitation of Block B, Department of Logistics and Supply (Works) building, Garki; N111,635,864.64 for the construction of 12 one-bedroom transit camp units and rehabilitation of the administration block at the NPF Pre-retirement Skills Acquisition Centre, Kudana, Kaduna State; N4,011,627.89 inserted as taxes to inflate a contract; N1,938,299,452.00 for 14 ongoing projects that were abandoned; N5,050,000.00 in monetary exhibits released without proper authorisation; N112,026,424.00 for outstanding allowances paid to officers to cover 2020 liabilities; and N6,000,000.00 as annual payment to the Inspector General of Police’s Senior Special Assistant on Revenue and Tax Matters.

Others include N10,080,000.00 as cash advances for the provision of office equipment and accessories for the NPF Database Management Centre; N438,066,845.73 for the supply of bulletproof vests, ballistic helmets and procurement of a Styr Punch Vistar troop carrier; N18,000,000.00 for the training of women in cosmetology and provision of empowerment kits in Ondo Central Senatorial District, Ondo State; N258,989,999.75 for the procurement of 10 JAC patrol vehicles for NPF outpost stations in Kano State; N30,853,250.00 as security allowances for personnel attached to the Ministry of Police Affairs; N681,406,593.18 for the settlement of insurance claims through insurance brokers; N1,628,108,434.18 for outstanding insurance policy liabilities for 2020/2021; N57,484,515.30 for the procurement of video cameras, customised umbrellas, gift bags and customised towels for the Nigeria Police Force Public Relations Office; N7,760,409.56 in withholding tax and value added tax that was not deducted from contracts awarded.

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