General
Onwuka Calls for Dredging of Rivers Port
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.”
General
Five Transmission Towers Collapse Along Ikot Abasi–Eket 132kV Line
By Modupe Gbadeyanka
The Transmission Company of Nigeria (TCN) has confirmed the collapse of five transmission towers along the Ikot Abasi–Eket 132kV Double Circuit Transmission Line.
This was attributed to severe acts of vandalism, as TCN disclosed that the structure collapsed after vandals removed critical structural bracing members.
The affected towers were N9, J4, N10, N11 and N12, the organisation said in a statement on Friday.
It explained that the extensive damage was discovered during a routine joint line patrol conducted on August 9, 2026, by TCN linesmen.
Further inspection revealed that structural members from seven additional towers along the same transmission corridor had also been removed and stolen. The towers, J3, N8, N13, N14, N15, N18 and N19, are now structurally compromised and pose a risk of further collapse.
TCN condemned this act of sabotage and reiterated its commitment to working hard to maintain a robust and reliable national grid.
The statement said that to mitigate the impact on electricity supply, the network has been reconfigured to prioritise supply to Ekim transmission station, leaving Ibom Power as the only station without supply.
TCN said it is mobilising an urgent intervention to complete the reconstruction of the affected sections of the line, with security agencies also notified to aid investigations and prevent further acts of vandalism along the line route.
General
Abbas Warns Against Delay in Implementing New Ports Regulatory Act
By Adedapo Adesanya
The Speaker of the House of Representatives, Mr Tajudeen Abbas, has urged all relevant government agencies to promptly initiate actions for the full implementation of the Nigerian Ports Economic Regulatory Agency Act, 2026, following its signing into law by President Bola Tinubu.
The bill, sponsored by Speaker Abbas, was aimed at repealing the Nigerian Shippers’ Council Act, Cap. N133, Laws of the Federation of Nigeria, 2004, and establish the Nigerian Ports Economic Regulatory Agency to ensure effective economic regulation of Nigerian ports while safeguarding the interests of shippers, service providers, and users of regulated port services. With the President’s assent, it has now been enacted as an Act of Parliament.
The legislation represents one of the landmark achievements of the 10th National Assembly. It reflects the Speaker’s commitment to legislative excellence, institutional reform, and sustainable economic growth, according to a press statement by the Special Adviser on Media and Publicity to the Speaker, Mr Musa Krishi.
The bill underwent a rigorous and inclusive legislative process, including extensive stakeholder consultations and a public hearing. It was passed by both Chambers of the National Assembly and subsequently assented to by the President.
The Act provides a robust legal and institutional framework to ensure effective economic regulation of Nigerian ports by fostering transparency, competitiveness, and efficiency in port operations; protecting the rights and interests of shippers, service providers, and other port users; and aligning Nigeria’s port regulatory system with global best practices, thereby enhancing the ease and cost-effectiveness of doing business.
Despite receiving presidential assent, the Act has yet to be fully operationalised.
He warned that any further delay would undermine the legislative intent of the reform, prolong the exposure of port users to arbitrary charges and operational inefficiencies, and deny the nation the anticipated benefits of increased revenue, improved trade facilitation, and stronger investor confidence in the marine and blue economy sector.
The Speaker urged the Federal Ministry of Marine and Blue Economy, in collaboration with all relevant Ministries, Departments and Agencies (MDAs) of the federal government, to take the necessary administrative, institutional, and financial measures for the prompt implementation of the Act.
He said this should include the formal transition to, as well as operational empowerment of, the Nigerian Ports Economic Regulatory Agency to discharge its statutory mandate effectively.
The full implementation of the Act is critical to unlocking the economic potential of Nigeria’s ports, reducing the cost of doing business, strengthening trade competitiveness, and positioning Nigeria as the leading maritime and logistics hub in West and Central Africa.
The statement noted that the Speaker reaffirmed the 10th House’s commitment to exercising the necessary legislative oversight to ensure this landmark legislation, along with others assented to by the President, is fully implemented and achieves its intended goals for the benefit of the Nigerian people.
General
FG, NiYA, Cascador Partner to Turn Youth Ideas into Investable Businesses
By Adedapo Adesanya
The Federal Ministry of Youth Development (FMYD), through the Nigerian Youth Academy (NiYA), has partnered with Cascador, a Nigeria-focused platform for growth-stage founders, to provide funding and support for the next generation of Nigerian youth entrepreneurs.
The announcement coincides with International Youth Day 2026, whose global theme this year — Different Contexts, Common Aspirations — calls on institutions to close the gap between young people’s circumstances and their opportunities. The pilot is an early step toward NiYA’s broader ambition to train and empower 7 million Nigerian youth within two years.
The NiYA and Cascador Founders Programme will begin with a pilot cohort of 20 early-stage Nigerian youth founders, including entrepreneurs without formal business registration or established financial records.
Over four weeks, participants will undergo intensive training focused on business fundamentals, investment readiness and pitch preparation. At the end of the programme, the eight top-performing founders will receive non-dilutive funding of up to N5 million each from Cascador, alongside an Enterprise Resource Planning (ERP) solution to help them structure, manage and scale their businesses.
The funding and support will be presented at a Pitch Day organised by NiYA and the Federal Ministry of Youth Development.
The Minister for Youth Development, Mr s Ayodele Olawande, said the partnership would enable NiYA to move beyond training by helping young people transform ideas into investable businesses and achieve sustainable economic participation through business preparation and access to capital.
“The pilot is deliberately designed to test a model that can go beyond one cohort. If young founders can be identified early, prepared properly, connected to credible capital and supported to build stronger business systems, then access to opportunity becomes less dependent on background or existing networks. That is the larger objective: to build a youth entrepreneurship ecosystem in which readiness, ideas and execution can increasingly determine who gets the opportunity to grow.”
The pilot will run in-person in Abuja with virtual touchpoints and 1:1 mentorship. All 20 graduates retain NiYA alumni status, with priority consideration for future opportunities.
NiYA and FMYD have already shown what real commitment to Nigeria’s youth looks like — the platforms, the reach, the ambition to train millions. What we’re building together now is the missing piece, a practical bridge from the ideation stage to real capital-readiness. When a Ministry so dedicated to its young people asked Cascador to help build that bridge, it was an easy decision,” said Trish Thomas, CEO of Cascador.
Ms Oyin Solebo, COO of Cascador and former Managing Director of the ARM Labs Lagos Techstars Accelerator, highlighted the partnership’s impact, saying, “This is what innovative capital deployment looks like: a government building real investment readiness at scale, and a partner meeting that foundational work with non-dilutive funding at exactly the moment it’s needed. Partnerships like this open doors that neither of us could open alone.”



