General
Bayelsa Scouts Investors for $3bn Agge Deep Seaport
By Adedapo Adesanya
The Bayelsa State government is looking for investors who can invest in the proposed $3 billion deep seaport project in the Agge area of the state.
Governor of the state, Mr Duoye Diri, during a visit to the headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA) in Lagos, stated that the state was currently collaborating with relevant federal agencies to see the port project to fruition.
He disclosed that some interested investors were already in talks with the government, adding that he plans to escalate the discussions with a view to ensuring that more investors are brought on board.
The Governor also said that discussions were ongoing until the coronavirus pandemic necessitated a lockdown and halted progress, adding that he hopes to resume talks with interested investors over the proposed port.
According to Mr Diri, the project will not only be done by the government but will be a Private Public Partnership (PPP) that will benefit all parties.
He said: “Bayelsa State is already in discussion with some private investors as we are also working with other relevant Federal government such as the Nigerian Maritime Administration and Safety Agency (NIMASA), and the Nigerian Ports Authority (NPA).
“So, the entire funding will not come from the coffers of the Bayelsa Government, it is going to be Private Public Partnership. We already have people that are indicating interest.
“As I said earlier, the wealth of this country is in the maritime domain and the earlier we identify that and know that the institution that the Federal government has in ensuring that the wealth of the nation is actually gotten for this country through the NIMASA.
“And if NIMASA plays its role, synergises with the coastal states like Bayelsa, I am that Nigeria will have an alternative source of revenue other than oil and gas.”
Mr Diri also said that the state was also interested in partnering with NIMASA in the area of maritime security so as to create some level of peace on the waterways within the state.
Earlier in his remarks, NIMASA’s Director-General, Mr Bashir Jamoh, said that the project can only work through a PPP proposal, adding that the government of Bayelsa State must also have some level of equity participation.
Mr Jamoh also said the $3 billion will come from different avenues including from the state government.
The plan for the deep seaport had been in place since far back as 2012 in line with the government ambitious plan for infrastructural development in order to attract Foreign Direct Investment (FDI) to the state.
The former governor of the state, Mr Seriake Dickson, had in 2017 said the seaport would be ready before the end of his tenure in February 2020.
General
NIMASA Rallies Stakeholders’ to Develop National Action Plan
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria.
The Director General of the agency, Mr Dayo Mobereola, made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan, further describing the workshop as a critical step in actualising the Federal Government’s blue economy and climate objectives.
Represented by the Executive Director, Operations, Mr Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO GreenVoyage2050 Project, a technical cooperation initiative /designed to support developing countries in implementing the IMO GHG Strategy.
According to him, the National Action Plan being developed will reflect national realities, leverage existing capacities, address identified gaps, and align with broader economic and environmental priorities of the federal government.
Mr Mobereola stressed that “this transition is not merely about compliance with international obligations, it is about safeguarding our marine environment, protecting public health, strengthening the blue economy, and ensuring that our maritime industry remains competitive and future-ready”, the DG said.
Also speaking at the event was the Technical Manager of the IMO GreenVoyage2050 Project, Ms Astrid Dispert, who highlighted that the overarching objective of the initiative is to advance a coherent and globally aligned regulatory framework to accelerate maritime decarbonization.
She also emphasised that NIMASA plays a pivotal role in driving the project at the national level.
The IMO GreenVoyage2050 Project provides technical expertise and institutional support to assist countries in developing and implementing National Action Plans that promote sustainable shipping practices, encourage investment in clean technologies, and strengthen capacity for long-term emissions reduction.
Through this collaboration, the federal government is advancing deliberate steps towards maritime decarbonization, reinforcing its commitment to global climate goals and ensuring a cleaner, greener, and more sustainable future for the sector.
General
BPP Mandates Digital Submission for MDAs From March 1
By Adedapo Adesanya
The Bureau of Public Procurement (BPP) has directed all Ministries, Departments and Agencies (MDAs) to comply with its digital submission process effective March 1.
The directive was contained in a circular signed by the Director-General of the Bureau, Mr Adebowale Adedokun, noting that the move was part of the bureau’s commitment to digital transformation and paperless governance.
It explained that the transition followed an earlier circular of Aug. 4, 2025, which introduced electronic submission procedures.
According to the bureau, it has successfully moved from physical filings to a dedicated e-mail service for document submissions and is now advancing to a more robust and integrated system.
The circular announced the inauguration of the BPP Digital Submission Portal, a web-based platform designed to enable MDAs submit procurement-related documents directly to the Bureau.
It stated that the automated platform would streamline the submission process, enhance transparency and ensure accelerated tracking of procurement-related documents and petitions.
“With effect from March 1, all MDAs will be required to use the portal to submit requests for ‘No Objection’ Certificates, approvals for ‘No Objection’ for special procurements, clarifications and status updates on submissions,” the bureau said.
It added that the portal would be hosted on the Bureau’s official website and would become fully operational from the effective date.
The bureau warned that physical submissions or manual hand-deliveries would no longer be prioritised and would eventually be rejected following the full transition to the digital platform.
It urged accounting officers to brief their procurement departments and ICT units on the development to ensure seamless processing of procurement activities from March 1.
It further advised MDAs to contact the Bureau via its official email for information on the onboarding process and integration into the portal.
The bureau emphasised that full compliance by all MDAs was required to ensure a smooth transition and avoid delays in the implementation of the 2026 fiscal year procurement processes.
General
Senate Seeks Removal of CAC Boss Hussaini Magaji
By Adedapo Adesanya
The Senate has asked President Bola Tinubu to remove the Registrar General of the Corporate Affairs Commission (CAC), Mr Hussaini Ishaq Magaji, from office.
The Senate Committee on Finance, while passing a resolution in Abuja on Thursday, accused Mr Magaji, a Senior Advocate of Nigeria (SAN), of failing to honour the Senate’s invitations to account for the finances of his agency.
“He refused on so many occasions to honour our invitation to appear before this committee.
“We have issues with the reconciliation of the revenue of CAC.
“Each time we invite him, he gives us excuses,” the Chairman of the committee, Mr Sani Musa, said as the committee passed the resolution.
CAC was part of a group of agencies that the House of Representatives Public Accounts Committee (PAC) recommended zero allocation for the year 2026, for allegedly failing to account for public funds appropriated to them.
The committee, at an investigative hearing held two weeks ago, accused CAC and some other ministries, departments and agencies (MDAs) of shunning invitations to respond to audit queries contained in the Auditor-General for the Federation’s annual reports for 2020, 2021 and 2022.
The PAC chairman, Mr Bamidele Salam, stated that the National Assembly should not continue to appropriate public funds to institutions that disregard accountability mechanisms, saying this will create fiscal discipline and strengthen transparency across federal institutions and conform with extant financial regulations and the oversight powers of the parliament.
“Public funds are held in trust for the Nigerian people. Any agency that fails to account for previous allocations, refuses to submit audited accounts, or ignores legislative summons cannot, in good conscience, expect fresh budgetary provisions. Accountability is not optional; it is a constitutional obligation,” he said.
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