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Senate Threatens Privatisation of NIPOST for Optimal Performance

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NIPOST

By Adedapo Adesanya 

The Nigerian Senate is looking at the possibility of initiating the privatisation of the Nigeria Postal Service (NIPOST) for optimal performance.

This was disclosed by the Chairman of the Senate Committee on Finance, Mr Sani Musa, at an interactive session on the 2024-2026 Medium Term Expenditure Framework (MTEF) Fiscal Strategy Paper (FSP) which had the Postmaster General of the Federation, Mrs Tola Odeyemi, appear to defend her agency’s 2024 -2026 input in the MTEF, FSP.

She was met with vitriol when she said her agency projected N18 billion as personnel cost for the 16,000 NIPOST workers across the country.

Mr Musa, who said the impact of NIPOST across the country was not being felt, rhetorically asked why it would increase its personnel cost by 38 per cent from N13 billion in 2023 to N18 billion in 2024.

The explanation of the Postmaster General that the increment was due to the recent increase in the federal government’s payment of peculiar allowance to workers did not appease members of the committee.

Reacting, a Senator from Abuja, Mrs Ireti Kingibe, said NIPOST as a partially funded agency needed to be a vibrant postal agency.

“NIPOST should not be scrapped but should be turned into a revenue-generating agency, the only thing is that the agency was stuck in the 19th-century analogue operation instead of migrating to digital service for efficient services.

“There is nothing stopping NIPOST from digitalising their offices across the country to offer electronic services for Nigerians, deliver government services at all local government areas and even engage in financial services.”

Mr Osita Izunaso, however, argued that NIPOST as it is currently structured, should not be encouraged, if the country was interested in generating revenue to fund its annual budgets.

Mr Musa consequently asked the NIPOST chief to forward to the committee details of her business plan to reposition the agency into a highly revenue-generating agency.

“NIPOST should have been fully privatised before now because nobody is feeling their impact anywhere in the country.

“We are ready to recommend to the Senate in plenary, full privatisation of the NIPOST except the Postmaster General convinces us otherwise.

“The CEO of NIPOST should forward to the secretariat of our committee details of her business model on how the agency would be generating adequate revenues for the country through creative ideas.

“Failure to do this would leave the Senate with no other option than to recommend the full privatisation of NIPOST,” Mr Musa said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NCDMB Targets Midstream Compliance to Boost Nigeria’s Industrial Growth

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By Adedapo Adesanya

The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its compliance drive in the oil and gas midstream segment, convening a high-level sensitisation workshop aimed at deepening adherence to the Nigerian Oil and Gas Industry Content Development Act.

The workshop, themed Compliance with the Provisions of the NOGICD Act 2010: A Pathway to Industrialization, held in Lagos, drew key operators across gas processing, transportation, storage and infrastructure development.

Speaking on behalf of the Executive Secretary of NCDMB, Mr Felix Ogbe, the Director of Monitoring and Evaluation Division, Mr Omomehin Ajimijaye, described the midstream sector as “a critical bridge between upstream production and downstream utilisation.”

“The midstream segment plays a pivotal role in gas processing, transportation, storage and infrastructure development, all of which are essential pillars for achieving Nigeria’s industrialisation agenda,” Mr Ajimijaye said.

Mr Ajimijaye stressed that adherence to the NOGICD Act goes beyond regulatory obligation.

“Compliance with the NOGICD Act is not merely a statutory requirement,” he stated. “It is a strategic imperative for sustainable national development.”

He explained that the programme was structured to clarify registration processes, Nigerian Content Equipment Certification, expatriate quota requirements, statutory reporting templates and submission timelines.

“Our objective is to deepen stakeholders’ understanding of compliance requirements, address recurring gaps identified during Monitoring and Evaluation reviews, and foster constructive dialogue on operational realities within the midstream space,” he added.

According to Mr Ajimijaye, the board has received feedback from operators highlighting challenges in meeting Nigerian Content obligations, including reporting complexities and varying interpretations of certain provisions of the Act.

“As a responsive regulator and development-focused institution, we remain committed not only to enforcing compliance but also to providing guidance, clarity and the necessary support to enable stakeholders succeed,” he assured participants.

With Nigeria positioning gas as a transition fuel and economic growth driver, regulatory clarity in the midstream space is essential to unlocking investment and local capacity development.

The participants received technical presentations from key NCDMB divisions, including: Monitoring and Evaluation Division, Project Certification and Authorisation Division, Capacity Building Division and Zonal Coordination Division.

The interactive sessions provided practical guidance on engagement protocols with the Board and strengthened collaboration between regulators and operators.

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AGF Fagbemi Takes Over Malami Prosecution from DSS

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By Adedapo Adesanya

The Minister of Justice and Attorney General of the Federation, Mr Lateef Fagbemi, has taken over the prosecution of his immediate predecessor, Mr Abubakar Malami.

Mr Malami is facing terrorism and illegal firearms possession charges brought against him by the Department of State Service (DSS).

Mr Fagbemi, a Senior Advocate of Nigeria (SAN), took over the trial from the secret police on Wednesday at the Federal High Court in Abuja.

The Director of the Public Prosecution of the Federation, Mr Rotimi Oyedepo, announced the Attorney General’s appearance in the matter.

Mr Oyedepo told Justice Joyce Abdulmalik that the trial cannot proceed because Mr Fagbemi has just taken over the prosecution.

He informed the court that the prosecution needed more time to familiarise itself with the facts of the case.

Counsel to the defendants, Mr Adedayo Adedeji, who did not oppose the application, however, urged the court to strike out the matter if the prosecution fails to open its case at the next adjourned date, citing lack of diligent prosecution.

Justice Abdulmalik subsequently adjourned the matter to March 10 for trial and for the prosecution to formally open its case.

The court had, on February 27, admitted Malami and his son, Mr Abdulaziz, to N200 million bail, with two sureties, each one of whom must own landed property either in Maitama or Asokoro.

Justice Abdulmalik had said that the title of the property must be deposited with the Deputy Chief Registrar of the Court along with valid international passports.

The sureties were also ordered to depose to an affidavit of means and submit their two recent passport photographs to the court.

Mr Malami and his son were also ordered to submit their international passports and recent passport photographs to the court.

The DSS had arraigned the ex-AGF and his son, Mr Abdulaziz, on a five-count charge bordering on terrorism and illegal firearms possession.

In the charge, marked FHC/ABJ/CR/63/2026, filed before the Federal High Court in Abuja, Malami is also accused of refusing to prosecute suspected terrorism financiers, whose case files were handed to him while he served as the AGF and Minister of Justice.

Mr Malami and Mr Abdulaziz are equally accused of warehousing firearms in their residence at Gesse Phase II Area, Birain Kebbi LGA, Kebbi State, without lawful authority.

The DSS accused Mr Malami in count one of the charge, with knowingly abetting terrorism financing, while the ex-AGF and his son are charged in counts two to five, with unlawful, possession of a Sturm Magnum 17-0101 firearm, 16 Redstar AAA 5720 live rounds of cartridges and 27 expended Redstar AAA 5’20 cartridges, contrary to and punishable under relevant Sections of Terrorism (Prevention and Prohibition) Act, 2022 and Firearms Act, 2004.

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NPA Records 24.8% Growth in Total Cargo Volume for 2025

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By Adedapo Adesanya

The Nigerian Ports Authority (NPA) has announced a significant 24.8 per cent increase in total cargo throughput for 2025.

According to the NPA’s 2025 Operational Performance Report, total cargo throughput rose from approximately 103.6 million metric tons in 2024 to over 129.3 million metric tons in 2025.

The report identified Lekki Port as Nigeria’s leading port, accounting for 40.6 per cent of the nation’s total cargo throughput. Onne Port followed with 19.1 per cent, while Apapa Port handled 16.7 per cent.

Beyond volume, Lekki Port also received the largest vessels, recording an average Gross Registered Tonnage (GRT) of 55,712, slightly higher than Onne Port’s 53,022 GRT.

Apapa and Tin Can Island ports recorded average vessel sizes of 33,251 GRT and 36,909 GRT, respectively, while Delta Ports handled vessels averaging 17,414 GRT.

Although Tin Can Island Port recorded the highest frequency of ship arrivals, accounting for 22.7 per cent of total ship calls, Lekki and Onne are increasingly attracting larger “heavyweight” vessels, strengthening Nigeria’s capacity to handle higher-value cargo.

The data showed that imports continued to dominate cargo traffic, and the report highlighted a steady rise in outward trade. Exports accounted for 39.0 per cent of total cargo throughput, while inward traffic represented 59.2 per cent.

Containerised cargo, widely regarded as a key indicator of trade activity, recorded substantial growth. Total container traffic increased by 25.7 per cent, surpassing 2.1 million Twenty-foot Equivalent Units (TEUs).

Import-laden containers surged by 32.8 per cent, while export containers rose by 3.1 per cent. Notably, transhipment containers recorded a remarkable 205.8 per cent increase, positioning Nigeria as an emerging regional logistics hub serving West and Central Africa.

Liquid bulk cargo, including petroleum products and chemicals, remained the dominant commodity category, accounting for 54.7 per cent of total cargo, while containerised cargo represented 24 per cent.

Speaking on the report, the Managing Director of NPA, Mr Abubakar Dantsoho, described the 2025 performance as a historic milestone.

“Nigeria’s maritime sector recorded a historic surge in activity in 2025, driven by increased cargo throughput, rising container traffic, and a growing export footprint. This underscores the Federal Government’s commitment to economic diversification,” he said.

Looking ahead, Mr Dantsoho expressed confidence that the Federal Government-approved port modernisation programme and the implementation of the National Single Window system would power the next phase of growth.

The comprehensive modernisation initiative aims to rehabilitate ageing infrastructure, deepen berths, upgrade quays, expand cargo-handling capacity, and deploy advanced digital solutions across Nigeria’s ports.

The reforms are expected to reduce vessel turnaround time, cut cargo dwell time, improve safety standards, and boost overall operational efficiency.

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