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Osinbajo Flags-off Lagos-Ibadan Rail Line

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By Dipo Olowookere

Nigeria’s Acting President, Mr Yemi Osinbajo, has flagged off the Lagos-Ibadan rail line, which he said would be completed before the end of 2018.

Mr Osinbajo also disclosed that the standard gauge railway line would provide about 500,000 jobs.

Explaining why the project was embarked on, the Acting President said it was to ease traffic gridlock in the area and help in the easy transportation of goods and persons.

Mr Osinbajo described the rail line project as one very close to President Muhammadu Buhari’s heart, adding that it was part of the projects renegotiated by him with China in 2016, when he visited the Asia country.

“If there is a project close to the heart of the president, it is this rail project he personally promised the people of this nation,” the Acting President said.

Speaking further, he said, “Our appreciation goes to the Chinese government, who have always proven to be reliable partners with Nigeria.

“As some may be aware, we have the entire Lagos-Kano standard gauge track, as well as the Lagos-Calabar railway track in the 2017 budget.”

The Acting President pointed out that the Lagos-Ibadan rail line was just one segment of the Lagos-Kano railway project, which is an integral part of the national rail project.

“Negotiations of the Kaduna-Kano portion of the track is now completed and this phase is next in line. We have already provided our portion of funding for the Lagos-Calabar route as well.

 “We expect that negotiations for the foreign component of the funding will be finalised in the next few months. The Lagos-Calabar rail will come on stream.

 “An active and vibrant railway system confers many benefits on society, and our ultimate goal is to restore the railway using culture for both commercial and personal travels.

 “The national railway project will create up to half a million jobs, and facilitate the movement of over 3.2 tonnes of cargo per annum,” he said at the ceremony held in Lagos.

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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Travel/Tourism

FAAN Assures Public of Enhanced Ebola Preparedness at Airports

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ebola outbreak

By Modupe Gbadeyanka

Members of the public, especially those using the Nigerian airports, have been assured of the efficiency of the robust preventive measures being put in place across all international airports in response to the recent Ebola Virus Disease (EVD) situation in parts of Central Africa.

This assurance was given by the Federal Airports Authority of Nigeria (FAAN) in a statement issued by its Director of Public Affairs and Consumer Protection, Mr Henry Agbebire.

FAAN said it has intensified surveillance and monitoring of passengers, particularly those arriving from high-risk regions.

This, it stated, is being done in close collaboration with Port Health Services, the Nigeria Centre for Disease Control and Prevention (NCDC), and other relevant agencies.

It was emphasised that passengers are being screened for symptoms associated with Ebola, and any suspected case will be promptly isolated and subjected to secondary health checks in line with established national and international health protocols.

In addition, the agency said it has strengthened coordination with relevant stakeholders, enhanced staff sensitisation, and reinforced emergency response procedures to ensure swift action where necessary.

“While there is currently no confirmed case of Ebola in Nigeria, FAAN remains vigilant and fully committed to safeguarding public health and maintaining safe airport operations.

“Passengers are advised to remain calm, comply with health screening procedures, and report any symptoms to health officials,” the statement said.

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Customs Tackles Airport Delays With Smart Declaration Platform

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Smart Declaration Platform

By Modupe Gbadeyanka

In a move aimed at improving passenger clearance, compliance and customs operations, the Nigeria Customs Service (NCS) has introduced the Simplified Customs Advanced Declaration System (SCADS).

This platform was launched at the International Wing of the Nnamdi Azikiwe International Airport, Abuja, on Monday, May 18, 2026.

This initiative will simplify baggage declaration for inbound international passengers and reduce manual bottlenecks, improve transparency in revenue assessment and enhance operational efficiency at Nigeria’s international airports.

It allows passengers to declare items before arrival, thereby reducing clearance time while improving compliance and operational integrity.

The introduction of this scheme became necessary following operational challenges encountered on the Service’s previous passenger declaration platform earlier this year, and rather than allow the setbacks to slow operations, customs chose to develop a stronger and more efficient alternative.

“When the earlier platform experienced operational challenges, we chose not to see it as a setback. We saw it as an opportunity to build something better, stronger and more efficient.

“For passengers, this system creates the opportunity for advance declaration before arrival. It means faster clearance, easier compliance and smoother movement through our airports,” the Deputy Comptroller-General of Customs in charge of ICT/Modernisation, Ms Oluyomi Adebakin, said yesterday.

She noted that the system will eliminate subjective revenue assessment by ensuring that duties are automatically generated based on declared items, their quantities, and their actual values.

“When we talk about revenue collection, it is not about collecting more or less. It is about collecting the right revenue. With this system, assessment will now be more objective, accurate and driven by data,” she stated.

Earlier, the Customs Area Controller for FCT Area Command, Comptroller Victoria Alibo, described the selection of the command for the pilot phase as a vote of confidence in its operational capacity.

According to her, the new platform integrates passenger baggage and e-commerce declarations into a single digital framework designed to support global Customs best practices.

“SCADS is designed to simplify declarations, reduce clearance time, eliminate manual bottlenecks and align our operations with international standards,” Ms Alibo said, adding that the pilot phase will run for five days, from Monday, May 18, to Friday, May 22, 2026, during which officers will evaluate the system in a live environment ahead of nationwide deployment.

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Dangote Refinery Slashes Jet Fuel Price to N1,650 Per Litre

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aviation fuel Jet A1

By Aduragbemi Omiyale

The price of aviation fuel, also known as Jet A1, has been reduced by Dangote Petroleum Refinery and Petrochemicals to N1,650 per litre from N1,750 per litre.

The company, in a statement, said this price slash was done to ease cost pressures on airlines and ensure an uninterrupted fuel supply across the country.

This is in addition to a 30-day interest-free credit facility backed by bank guarantees (BG) for marketers and airline operators and a shift from a dollar-denominated pricing structure to a naira-based model.

The private refiner also stated that these interventions come amid growing concerns over the rising operational costs faced by domestic carriers, with aviation fuel accounting for a significant portion of airline expenses.

Industry stakeholders have repeatedly warned that escalating Jet A1 prices were placing severe financial strain on operators and threatening the sustainability of flight operations.

The refinery’s decision is expected to provide relief to airline operators by lowering fuel procurement costs, improving operational stability, and supporting efforts to moderate airfares.

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