General
MSC, Nigerdock Seal 45-Year Port Concession Deal for Snake Island Terminal
By Adedapo Adesanya
Shipping giant, Mediterranean Shipping Company (MSC), has signed a 45-year concession agreement with Nigerian maritime company, Nigerdock, to develop, operate and maintain a new container terminal at Snake Island Port in Lagos.
A statement by MSC on Thursday noted that the new container terminal would be completed by 2028 with a 910-meter quay, six Ship-to-Shore (STS) cranes, two ship berths, three barge berths, and up to 18 meters of draft.
The dedicated MSC terminal would be part of the company’s announced $1 billion investment in infrastructure and logistics in Nigeria.
“We are thrilled to take this step forward in our partnership with MSC to develop a world-class container terminal within Snake Island Port.
“This gives the world’s leading shipping line a home in Nigeria and brings significant foreign direct investment into the country to accelerate growth in the maritime and logistics industry,” it said.
Global shipping companies are pushing to secure long-term footholds in emerging markets as supply chains are reconfigured worldwide.
MSC said the terminal, to be built by ITB Nigeria and DEME Group, is expected to be ready by 2028.
It will occupy 30 hectares (74 acres) and feature a 910-metre (3,000 ft) quay capable of handling ship‑to‑shore cranes and mobile harbour cranes, serving both deep-sea vessels and barges.
MSC President, Mr Diego Aponte, said: “Completing this key phase in the development of Snake Island Container Terminal with Nigerdock and our trusted partners demonstrates MSC Group’s commitment to providing excellent service to our customers in Nigeria and throughout Africa.
“The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping centre.
“Together with our Group’s other long-term investments in Nigeria, it will generate many local jobs and significantly increase economic revenue and resilience.”
Snake Island Port is an 85-hectare facility operated by Nigerdock, a maritime and logistics company, and comprises three terminals serving the Lagos port complex.
General
Tinubu Leaves Nigeria Saturday for France, Kenya, Rwanda
By Modupe Gbadeyanka
President Bola Tinubu will on Saturday, May 2, 2026, leave Nigeria for a three-nation trip, a statement issued by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, said.
In the notice issued on Friday night, it was disclosed that Mr Tinubu would visit France, after which he would depart for Nairobi, Kenya, to attend the Africa-France Summit scheduled to begin next week.
Co-chaired by President Emmanuel Macron of France and President William Ruto of Kenya, the summit focuses on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture, and climate action.
President Tinubu’s participation at the summit from May 11 to May 12. will underscore Nigeria’s unwavering commitment to strengthening strategic partnerships with African nations and the French Republic.
The summit, with the theme Africa Forward: Africa-France Partnerships for Innovation and Growth, will provide a high-level platform for African leaders and their French counterparts to deliberate on critical issues affecting the continent, including economic transformation, climate resilience, infrastructure development, youth empowerment, technological advancement, and peace-building initiatives.
At the end of the Kenyan summit, President Tinubu will depart for Kigali, Rwanda, to attend the annual Africa CEO Forum, taking place between May 14 and 15.
With the theme Scale or Fail, this year’s Africa CEO Forum will be the largest gathering of African private sector leaders, investors, and policymakers, focusing on accelerating economic transformation through shared scale, regional integration, and increased cross-border investment.
Held in partnership with the International Finance Corporation (IFC), the summit brings together over 2,000 top executives and national leaders to debate strategies for building resilient, competitive industries.
At the two summits, the Nigerian leader will deliver statements highlighting his administration’s ongoing reforms to reposition the nation as a prime destination for investment and growth. He will also hold high-level meetings with top-tier global and African business leaders.
President Tinubu will be accompanied on the trip by some of his ministers and senior aides. He will return to Nigeria at the end of the Rwanda summit.
General
NEC Approves 112 as National Emergency Response Lifeline
By Adedapo Adesanya
The National Economic Council (NEC) has approved the adoption of 112 as the national emergency number at all levels and across relevant agencies.
It is part of measures to strengthen Nigeria’s emergency lifeline and build a unified and coordinated national response to emergencies.
The council also approved the establishment of a multi-agency implementation committee and programme coordination led by the Office of the Vice President and the National Communications Commission (NCC).
The approval was part of decisions taken at the 157th meeting of the NEC held virtually and chaired by Vice President Kashim Shettima.
Mr Shettima said the 112 emergency lifeline had become necessary to prevent delay caused by bureaucratic bottlenecks, noting that what the citizens seek urgently when confronted by a natural disaster or insecurity is an urgent response and not bureaucracy.
“This is not only a technical reform. It is a test of the state’s humanity. In moments of fire, accident, robbery, medical emergency, flood, violence, or panic, citizens do not need bureaucracy.
“They need a response. They need to know one number to call, one system to trust, and one coordinated chain of action that moves quickly enough to save lives,” he stated.
He explained that while Nigeria is not beginning from zero, as the emergency number had been in existence, what is required at the moment “is coordination, adoption, standard operating procedures, public awareness, institutional ownership, and trust”.
The vice president described NEC as the nation’s economic engine room, where the federal government and the states must convert the Renewed Hope Agenda of President Bola Tinubu into practical outcomes.
“We cannot build our way to a one-trillion-dollar economy by federal effort alone. We cannot create millions of jobs by speeches alone.
“We cannot expand exports, attract investment, secure communities, or unlock productivity unless every tier of government understands its role and performs it with urgency,” the VP noted.
Mr Shettima noted that the council will continue to focus on decisions that would have a positive impact on the lives of Nigerians.
“History will not ask how many meetings we held. It will ask what changed because we met.
“It will ask whether our decisions reached the farmer, the manufacturer, the artist, the investor, the accident victim, the unemployed graduate, and the child waiting to inherit the country we are rebuilding.”
NEC also received a presentation on the rehabilitation of police training institutions across the country from its ad hoc committee led by Governor Peter Mbah of Enugu State, and commended the ad hoc committee for the work done so far.
It also called on the Ministry of Finance to expedite the release of the balance of approved funds for the take-off of the project and urged the committee to ensure national spread by capturing training institutions in each geopolitical zone in the first phase of the intervention.
General
Supreme Court Affirms David Mark’s Leadership of ADC
By Modupe Gbadeyanka
The Supreme Court has recognised Mr David Mark as the National Chairman of the African Democratic Congress (ADC).
In a judgment on Friday, the apex court restored the leadership of the former Senate President, after an appellate court had ordered a status quo ante bellum.
The Supreme Court held that the decision of the Appeal Court on status quo ante bellum was improper and unwarranted.
It also refused to uphold the preliminary objections by counsel to Mr Nafiu Bala, who is challenging the leadership of Mr Mark, directing that the suit should head back to the trial court for determination. Mr Bala went to court to seek an ex parte to stop Mr Mark and his team from parading themselves as leaders of the opposition party.
The ADC, which was asked to put on notice to explain why the injunction should not be given, appealed the matter, but the parties were asked to maintain the status quo ante bellum. This was interpreted to mean the ADC was without a leader.
The matter went to the apex court, which decided it today, affirming Mr Mark as the party’s chairman, which seeks to eject President Bola Tinubu from Aso Rock via the 2027 presidential election.
Mr Bala, a former vice chairman of the party, was said to have resigned his position to pave the way for Mr Mark and others, who joined the party from the People’s Democratic Party (PDP) and the Labour Party (LP).
However, he claimed he did not resign and that his signature was forged, seeking the court’s help to install him as the party’s chairman, based on ADC’s constitution, according to him.
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