General
Customs Receives Two Mobile Scanners for Greater Efficiency
By Adedapo Adesanya
- To Deploy Drones at Seme Border Soon
- Claims N719m Revenue, Processes 635,149.23 metric tons valued at N15.5 billion
The Nigeria Customs Service, Tincan Island Area Command, has taken delivery of two NUCTECH Mobile Scanners MT1213DE with accessories.
The equipment arrived on board Glovis Horizon Leader from the Port of Shanghai, China on Monday, according to a statement signed by the Public Relations Officer of the command, Mr Uche Ejesieme.
The Area Controller, Mr Abdullahi Musa, who received the consignment, said, “Integration of scanning into the clearance procedure for imports was in line with global best practices for trade facilitation.”
He said that the key objective of deploying scanners was to reduce the time needed for physical inspection of goods which generated extensive cost and created multiple burdens and inconveniences for both importers and customs.
He expressed delight at the development and thanked the Comptroller-General of Customs (CGC), Mr Hameed Ali, and the entire agency’s management team for the feat.
“Recall that the CGC on assumption had promised to reform, restructure and raise revenue; these scanners will constantly enhance trade facilitation and consequently lead to increased revenue,” he said.
He assured stakeholders that the deployment of the scanners would result in increased cargo handling and greater efficiency in the trade value chain.
In a related development, the NCS noted that it will soon deploy drones at Seme for effective patrol in checking smuggling activities in the border area.
This was revealed by the Zone A Coordinator and Assistant Comptroller General (ACG) of Customs, Mrs Modupe Aremu, during a working visit to Seme Border Area Command.
She said border management surveillance will be done electronically through the use of drones to ensure that there will be an area overview of what is happening.
She said, “Seme command visit is the end of my tour in Zone A and I must commend all the commands, they account for over 80 per cent of revenue collection by the NCS and so they should keep up the good work.
“With the tour of all commands, I have seen that all the officers are doing well but they can still do better. And I am telling them that they should be expecting impromptu visits from the Zonal Coordinator, so they should not relax on the job.
“Also, e-customs N300 billion contract that is end-to-end automation that is about to kick-off is about Information and Communication Technology connectivity; when it comes on board, we are going to have an electronic signature, drones patrolling the border.”
She noted that the service was trying to minimize person to person contact to reduce human interaction and make the work faster and more efficient.
Mrs Aremu expressed satisfaction with the joint border post buildings that was commissioned on October 23, 2018, noting that it ushered in an era of coordinated border management.
“This is one-stop-shop and from what the comptroller has shown me, it is what is practised abroad; this is really commendable that what we see when we travel, we have it here in Nigeria,” she said.
She urged Seme Customs to keep abreast of all the Economic Community of West African States (ECOWAS) protocols in order to understand what was happening.
On enforcement activities, she urged the command to keep pushing as the nation at this point in time needed the service to properly secure its borders.
She expressed the hope that the scanner at the border would start functioning to help simplify processes as much as possible, urging the command to ensure proper compilation of case files and prosecution of arrested suspects to show the seriousness of the service in fighting smuggling.
On his part, the Seme Customs Comptroller, Mr Bello Jibo, noted that enforcement activities were not affected by the border closure as the command made a remarkable interception of 1,244 suspected smuggled goods with a duty paid value of over N856 million.
He noted that despite unfriendly economic policies imposed on goods transiting through the Benin Republic, the command was able to collect about N719 million as revenue and processed export volume of 635,149.23 metric tons with a free on board value of N15.5 billion.
General
Watt Renewable Secures $15m Loan for Hybrid Solar Power Plants in Nigeria
By Dipo Olowookere
A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.
WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.
By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.
As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.
The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.
This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.
The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.
Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.
“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.
“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.
“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.
“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.
“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.
General
NMDPRA Denies Restricting Gas Supply to Gencos
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.
In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.
The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.
“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.
“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.
“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.
“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”
Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.
This was the first time in over a month as the last time the nation witnessed a nationwide shutdown in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
General
Power Outage in Nigeria as National Grid Collapses
By Aduragbemi Omiyale
Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.
This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.
On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.
One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”
Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.
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