General
FG Reiterates Actualisation of $3bn Agge Seaport
By Adedapo Adesanya
The federal government has pledged its commitment towards the actualisation of the $3 billion Agge Deep Seaport project to promote job creation, economic development and attract local and foreign investments to the Niger Delta region.
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, stated this at the weekend during the flag-off of the marine safety sensitisation and distribution of life jackets to waterways users in Yenagoa, Bayelsa State.
The minister said the realisation of the Agge Sea Port Project in Bayelsa State was part of President Bola Tinubu administration’s alignment with the broader marine and blue economy vision which is part of its transformative agenda to revive the economy.
Mr Oyetola disclosed that the ministry was working closely with all relevant stakeholders to ensure that the Agge Deep Seaport becomes a reality in record time.
He said the port will serve as a major maritime gateway in the South-south, facilitating international trade, reducing congestion at existing ports, creating jobs, boosting local and foreign investment, and accelerating economic development in the Niger Delta and beyond.
On his part, the Bayelsa State Governor, Mr Douye Diri for his initiatives and his administration’s alignment with the broader Marine and Blue Economy vision of the federal government, he added that the port will also open up new frontiers in logistics, fisheries, ship-building, and tourism.
Speaking on the distribution of life jackets to waterways users, the minister said the initiative was in continuation of the implementation of the federal government’s national safety initiative that speaks directly to the value the administration placed on human lives.
“Today, we are here in Bayelsa State to fulfill that same promise, distributing 3,500 life jackets to users of inland waterways in this great state.
“This landmark initiative, launched under the auspices of the Federal Ministry of Marine and Blue Economy, is not just symbolic; it is strategic, proactive, and long overdue. It is our direct response to the alarming rate of boat mishaps and the heartbreaking fatalities that have plagued our waterways for far too long.
“As we all know, water transportation remains the most viable means of connectivity for many of our rural and riverine communities, yet it is also one of the riskiest when safety protocols are ignored or unavailable.
“What we are doing here today is saving lives. It is that simple. With these life jackets, we are empowering our waterways users, fishermen, traders, students, and transport operators with the basic tools to survive and be safe.
“It is our firm belief that no one should lose their life simply because they had to cross a river or travel by boat. The distribution of life jackets to the 12 selected states in this first phase represents one of the most comprehensive federal responses in recent times to the persistent safety challenges on Nigeria’s inland waterways.
He appealed to the national government to make good its promise of supporting the state in developing the Agge Deep Seaport.
Represented at the ceremony by his deputy, Mr Lawrence Ewhrudjakpo, the governor described the Agge Seaport project as a gateway to regional and international trade that would be of immense benefit to the state and the country at large.
Mr Diri assured the federal government of his administration’s commitment to actualising the project, and called for effective collaboration from all critical stakeholders including development partners.
“We are happy that you have spoken profusely about the Agge Deep Seaport. But we will be happier if all of us work together in pursuing this endeavour to its completion and use.
“The Agge Deep Seaport is not only important to Bayelsa. It will not only open the gateway to Bayelsa, but also open the gateway to the Nigerian economy in several ways,” he said.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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