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Onwuka Calls for Dredging of Rivers Port

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ANLCA Onwuka

By Bon Peters

One of the aspirants for the chairmanship position of Area 1 chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Mr Emmanuel Ebere Onwuka, has called for the dredging of Rivers Port.

In a chat with journalists on Port Harcourt, Mr Onwuka said the shallow draft of the Rivers Port channel was affecting the number of vessels calling at the ports.

According to him, Rivers Port can only accommodate lighter vessels, especially those carrying bulk instead of big vessels with containerized Cargoes.

Mr Onwuka who scored Rivers Port location high, wondered why the government has not deemed it fit to dredge the port and improve port facilities like the expansion of port access road and other infrastructures.

“The location of this Port is good, banks are close here, in short most of the things we need to ensure a seamless maritime business is here but government is busy talking of developing Lekki Port, Badagry Port and others instead of improving on the one our fore fathers handed over to us.

“I am not against them developing new ports, but the Ministry of Marine and Blue economy should look towards this direction,” he submitted.

Continuing, Mr Onwuka said, “Apart from the expansion done around the Qay areas by Port and Terminal Management Company, this port, which is a premier port, has been like that over the years.

“The other day, I went to Onne to clear a container,  which ordinarily should have been here, imagine before the consignment could reach its destination, most of the items like glasses have broken into pieces due to bad road.

“The government should help us and by so doing, the federal government would boost its revenue generation base.”

Emphasizing on what he intends to do if elected, he said, “We will market the port actively with other stakeholders.”

Speaking on how he intends to achieve this, he said, “We will engage all the relevant stakeholders like Manufacturers Association of Nigeria (MAN), the Port Harcourt Chamber of Commerce, the Mines Industry and Agriculture (PHCCIMA), importers and shipping companies, among others.

“My team, the idealists, will make sure this facility works effectively. As we are marketing this port, we will market Ibeto Port because it is part of Area 1 and has modern facilities and a massive stacking area.

“We will go to Nnewi, Onitsha and Aba to canvas for importers to come. We will tell them why it is better to import through the Rivers Port instead of Lagos.

“Shipping companies will start to bring their vessels here; we must achieve that for the betterment of our members in particular and Nigeria in general,” Mr Onwuka insisted.

Piqued by the activities of some recalcitrant traders, who are bent to sabotage the efforts of the government agencies at the ports, especially the Nigeria Customs Service (NCS) by engaging in an unwholesome trade, Mr Onwuka, who is currently the Vice Chairman of  ANLCA  Area 1, said, “We are compliance association and due process  business men” and even to the extent that my colleagues see my office as CPC.”

“I told you I am a due process and compliance agent. We will enhance our relationship with the customs and other government agencies at the port to ensure agents comply with the fiscal policies of the federal government,” he added.

On his prospect of winning the election next month, he said, “Our team has done everything that needed to be done for us to emerge as the next chapter executive of ANLCA Area1 Port Harcourt.

“Let me advise our members, they should not vote for somebody that they will regret in future. We have integrity and accessibility. We are here 24/7 at the Port and we are ready to work.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Court to Rule on Malami’s Bail Application January 7

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Abubakar Malami Assets Recovery Campaign

By Adedapo Adesanya

A Federal High Court sitting in Abuja has fixed January 7 to hear the bail application of former Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, over alleged money laundering.

Recall that the same court had ordered the remand of Mr Malami at the Kuje Correctional Centre.

The Senior Advocate of Nigeria, his son, Abdulaziz, and one of his wives, Mrs Bashir Asabe, are standing trial predicated on a 16-count charge preferred against them by the Economic and Financial Crimes Commission (EFCC).

The trio, who are accused of laundering N8.7 billion, pleaded not guilty to the charges when they were arraigned on December 29, 2025.

Following their plea of not guilty, Justice Emeka Nwite ordered their remand at Kuje Correctional Centre till January 2, 2026, when their written bail application would be argued by his legal team.

In the charge, identified as FHC/ABJ/CR/700/2025, the defendants were accused of conspiring to conceal, disguise, and retain proceeds from illegal activities.

The indictment claimed that they used multiple bank accounts, corporate entities, and high-value real estate transactions over nearly ten years to indirectly acquire the illicit funds.

According to the charge sheet, the alleged offences took place between 2015 and 2025, primarily within the Federal Capital Territory, Abuja, during Malami’s time as the country’s Attorney-General.

The EFCC alleged that Malami and his son used Metropolitan Auto Tech Limited to hide N1.014 billion in a Sterling Bank account from July 2022 to June 2025.

They were also accused of depositing an additional N600.01 million between September 2020 and February 2021.

The properties in question include a luxury duplex on Amazon Street, Maitama, purchased for N500 million; a property on Onitsha Crescent, Garki, bought for N700 million; and another in Jabi District for N850 million.

Additional acquisitions include real estate on Rhine Street, Maitama (N430 million); in Asokoro District (N210 million and N325 million); and at Efab Estate, Gwarimpa (N120 million).

The EFCC further alleges that Mr Malami used unlawful proceeds totaling N952 million to acquire multiple properties in Abuja, Kano, and Birnin Kebbi between 2018 and 2023.

The acquisitions were allegedly made through proxies and corporate entities to obscure ownership.

The commission claimed that the alleged actions violate the provisions of the Money Laundering (Prohibition) Act, 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act, 2022.

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Train 7: Plant Operators Petition EFCC to Investigate Fraud, Tax Deductions

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Nigeria Association of Plant Operators

By Adedapo Adesanya

The Nigeria Association of Plant Operators (NAPO) has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate allegations of tax deduction and non-remittance fraud linked to the NLNG Train 7 project.

Train 7 is a major expansion project of the Nigeria Liquefied Natural Gas (NLNG) facility on Bonny Island, Rivers State, Nigeria. It involves building a seventh “train” (processing unit) at the LNG plant to significantly increase Nigeria’s LNG production capacity and strengthen the country’s role as a global supplier of cleaner energy.

NAPO’s President General, Mr Harold Benstowe, alongside four other officials, appeared at the EFCC Port Harcourt Zonal Office in Port Harcourt, to adopt a petition accusing Daewoo Engineering & Construction Nigeria and others of alleged unlawful tax deductions from workers on the multibillion-dollar NLNG Train 7 gas plant construction project.

According to NAPO, the EFCC received the delegation and guided them through the formal adoption of the petition, paving the way for what the union described as a “proper forensic investigation” into the alleged financial misconduct.

“The EFCC has assured the victims that it will conduct a thorough investigation to get to the root of the matter,” Mr Benstowe said, describing the development as a major step toward accountability in the construction segment of Nigeria’s oil and gas industry.

It also raised that the allegations strike at the heart of compliance risks surrounding one of Nigeria’s most strategic gas investments, with potential implications for contractors, regulators and investor confidence in large-scale energy projects.

Mr Benstowe called on workers involved in the NLNG Train 7 project to actively support the investigation by submitting documentary evidence, particularly payslips allegedly showing tax deductions by Daewoo E&C Nigeria.

“We encourage all affected workers to freely come forward with more evidence to assist the EFCC in carrying out a comprehensive investigation,” he said.

He also dismissed reports of intimidation, warning that the union would resist any attempts to suppress whistleblowers.

“All victims should ignore threats or discouragement from any quarters. This is no longer business as usual. We are prepared for a big showdown to ensure everyone involved is brought to book,” Mr Benstowe declared.

The NAPO leader framed the petition as part of a broader struggle for financial transparency and workers’ rights in Nigeria’s oil and gas construction value chain, stressing that the outcome would send a strong signal to contractors operating on high-value energy projects.

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FIRS Officially Transitions into NRS

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firs new logo

By Adedapo Adesanya

The Nigeria Revenue Service (NRS) has unveiled its institutional brand identity as it officially transition from the Federal Inland Revenue Service (FIRS) to the newly established revenue collection agency as gazetted.

The transition was marked with the unveiling of the agency’s new logo, according to a statement from Mr Dare Adekanmbi, special adviser to the chairman of NRS, Mr Zacch Adedeji.

Speaking at the unveiling event in Abuja on Wednesday, Mr Adedeji said the new identity represents a significant milestone in the evolution of Nigeria’s revenue administration framework.

The taxman said the unveiling reflects a renewed commitment to a more unified, efficient, and service-oriented revenue system aligned with Nigeria’s economic transformation agenda and global best practices.

He said the new identity signals continuity of purpose, strengthened institutional capacity, and a forward-looking approach to supporting taxpayers and national development.

According to the statement, the NRS said it remains committed to transparency, partnership, and service excellence.

“The unveiling of this new identity represents not an end, but the beginning of a strengthened relationship between the revenue authority and the Nigerian public—built on trust, clarity, and shared prosperity,” the statement reads.

It was also stated that the service came into operation following the signing of its enabling law — the Nigeria Revenue Service Establishment Act 2025 — by President Bola Tinubu in June.

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