General
Shettima Inaugurates $115m Upgraded West Africa Container Terminal in Rivers
By Bon Peters
Nigeria’s Vice President, Mr Kashim Shettima, inaugurated the upgraded $115 million project at the West Africa Container Terminal (WACT) in Onne, Rivers State, on Wednesday.
The project was carried out by APM Terminals, underscoring its unwavering commitment to the country’s economic growth and solidifying its position as a key trade hub in West Africa.
The company disclosed that it has reaffirmed its role as a key player in lifting global trade and creating opportunities for communities across Nigeria and West Africa with the upgrade.
APM Terminals said the investment would introduce an innovative auto gate system and advanced data centre, lifting WACT’s operational efficiency to a new standard, including the self-service kiosks which have also been upgraded to elevate customer experience.
At the commissioning of the project yesterday, Mr Shettima, represented by his Personal Assistant on Subnational Infrastructure, Mr Musaddiq Mustapha, commended APM Terminals for its huge investment in WACT, assuring that the federal government will continue to provide an enabling environment for businesses to thrive.
He emphasised that the $115 million investment in the WACT upgrade would further enhance service delivery at the port, and also attract more vessels to the port.
“Nigeria is a country of significant opportunities. APM Terminals’ investment in WACT is a clear sign of the company’s strong commitment to developing ports that are a lifeline to global trade.
“Nigeria will continue collaborating with APM Terminals in the long term to create an environment where businesses participating in global trade can thrive,” the VP stated.
On his part, the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, lauded the firm for the huge investment in WACT, as the Comptroller-General of the Nigeria Customs Service, Mr Adewale Adeniyi, said the project would support the efforts of his agency to generate more revenue, facilitate trade and curtail the smuggling of harmful and dangerous goods into Nigeria.
Also, the Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, represented by the Executive Director for Marine and Operations, Mr Olalekan Badmus, said, “This project is a clear demonstration of our dedication to ensuring our eastern ports, such as Onne, play a more central role in our national maritime strategy. This will ultimately improve our national maritime traffic.”
In his remarks, the Chief Operating Officer of APM Terminals, Mr Olaf Gelhausen, said, “This $115 million investment is a bold statement of our faith in Nigeria’s economic potential.
“As Africa’s largest economy and most populous nation, Nigeria stands on the brink of remarkable growth. We are proud to be catalysts in this journey, transforming WACT into a world-class facility that is lifting standards to drive trade and prosperity across West Africa.
“The transformative upgrade project at WACT embodies APM Terminals’ vision of lifting standards in the industry. We’re enhancing capacity, redefining customer experience, and forging stronger partnerships with the Nigerian government to lift global trade.”
General
Traders Shut Down Lagos International Trade Fair Complex
By Modupe Gbadeyanka
The Lagos International Trade Fair Complex in the Ojo area of Lagos State was shut down on Wednesday by traders protesting the proposed takeover of the facility by state and local government authorities.
The aggrieved demonstrators emphasised that the complex belongs to the federal government, and if there is a transfer of ownership to the state and local governments, then stakeholders should be carried along.
They expressed concerns that handing over the trade fair complex to the duo could be disruptive, and traders may have to pay more taxes and levies, which will, in turn, result in higher prices of goods.
In protest of the planned takeover, the traders yesterday locked up their shops, especially those in the ASPANDA Market segment within the facility, where spare parts are sold.
Apparently worried about the situation, the Minister of Industry, Trade and Investment, Ms Jumoke Oduwole, visited the market to talk to the traders.
She urged them to reopen the complex, as efforts are being made by the federal government to resolve the issue amicably.
General
ICPC Secures Court Order to Extend El-Rufai’s Detention
By Adedapo Adesanya
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured a court order to extend the detention of former Governor of Kaduna State, Mr Nasir El-Rufai.
This order gives the anti-graft agency ample time to finalise its investigation into allegations against the former governor, which has now deepened as a result of some new findings.
Subsequently, the new order, which was granted on Tuesday in the presence of Mr El-Rufai’s lawyer, will expire on Thursday, March 19.
However, Mr El-Rufai’s lawyer, whose application to quash the first remand order was declined by a Chief Magistrate Court in Bwari, has returned to the same court to nullify the latest order.
Justice Okechukwu John Akweke has fixed March 17 to decide whether or not he should set aside the latest detention order.
He said, “Upon hearing and listening to the prosecuting counsel, Dr Osuobeni Ekoi Akponimisingha Esq., praying this Honourable court for the following orders:
“An order of this Honourable Court issuing a remand warrant against the Respondent (NASIR AHMAD EL-RUFAI) in favour of the Applicant, i.e. Independent Corrupt Practices and other Related Offences Commission (ICPC), to detain the Respondent (NASIR AHMAD EL-RUFAI) in its custody for another fourteen (14) days pending conclusion of investigation activities on allegations of Money Laundering/abuse of office.
“And for such other or further order(s) as this Honourable court may deem fit to make in the circumstances. It is hereby ordered that: Application granted as prayed.
“That the Applicant, i.e. the Independent Corrupt Practices and other Related Offences Commission ICPC is hereby ordered to re-detain the Respondent (NASIR AHMAD EL-RUFAI) for an additional 14 days to enable the commission to conclude investigation activities.
“That the return date shall be the 19th day of March 2026, for the report of compliance.”
The scrutiny of Mr El-Rufai by the ICPC follows the report of the Kaduna State House of Assembly’s ad hoc committee constituted in 2024 to investigate finances, loans and contracts awarded between 2015 and 2023 under his eight-year administration of the state.
General
Nigeria Begins Evacuation of Willing Nigerians from Iran
By Adedapo Adesanya
The federal government has begun evacuating willing Nigerians in Iran, escorting them across the Armenian border to ensure their safety amid escalating tensions in the Middle East.
The evacuation follows the growing crisis that began on February 28 after coordinated military strikes on Iran by the United States and Israel.
The attacks triggered retaliatory missile and drone strikes across parts of the region, raising fears of a wider conflict.
The chief executive of the Nigerians in Diaspora Commission (NiDCOM), Mrs Abike Dabiri-Erewa, disclosed this in a post on her X handle on Tuesday.
She said officials of the Nigerian Embassy in Tehran are coordinating the evacuation of Nigerians who wish to leave the country and are facilitating their safe passage into Armenia.
Mrs Dabiri-Erewa also reassured that no Nigerian in Iran has so far been affected by the ongoing tensions, noting that embassy officials remain stationed at the border to receive and assist evacuees.
Her post read, “Willing Nigerians [are] being escorted across the Armenian border by officials of the Nigerian embassy in Iran for safe passage. No Nigerian in Iran has been affected by the war as officials remain at the border to receive all who want to leave.”
The development comes as tensions in parts of the Middle East continue to raise concerns over the safety of foreign nationals residing in affected areas.
For repatriation flights, the NiDCOM chair said the airspace is currently unsafe but assured Nigerians in the Middle East that the Federal Government team is on standby to evacuate them.
“And as for repatriation flights, the skies are currently unsafe to fly. Luckily, a flight came in from the UAE to Lagos two days ago, just before another strike and the closure of the airspace.
“Once the airspace opens, the multi-agency FG team on crisis and evacuation is on standby. Our prayers are with you and all our people in affected countries,” she said.
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