Business
NCC Begins Bidding On 2.3 GHz Band Licences
Nigerian Communications Commission (NCC) is to commence a fresh bidding process of 2.3 GHz spectrum band licences, following the recent cancellation of the former bid by President Umaru Yar’Adua.
A statement on Monday by the Head of Public Affairs of NCC, Reuben Muoka, said the board of the telecoms regular presides over by its chairman, Ahmed Joda, met recently to review the issues concerning the result 2.3GHz frequency spectrum licensing process and the issues arising there from.
According to the statement, “The commission notes the published directive of the commission, by Mr. President, Alhaji Umaru Musa Yar’Adua, to conduct a fresh bidding round for the licences, on this frequency band.
“Flowing from above, the programme for the fresh bidding round for licences in the 2.3GHz Band, and other frequency bands, has been initiated by the board of the commission, and full details will be announced in due course”.
Therefore, all stakeholders have been advised to look out for public announcements in this regard, adding that all interested parties should forget the events of the past months and join the commission in fostering a nation where telecom services are accessible and affordable to all.
“The commission pledges its absolute commitment to due process, respect for law, and unequivocal commitment to openness and transparency, and has always been guided by these principles in all its licensing processes.
“The commission also wishes to use this opportunity to solicit for the support and understanding of all stakeholders in the quest to sustain the gains made in the Nigerian telecom industry in the last nine years for the benefit of the Nigerian people and the future of the nation”, the statement added.
It would be recalled that President Yar’Adua has condemned the Nigerian Communications Commission (NCC) for floating the guidelines in the controversial award of 2.3GHz spectrum band licences and consequently, ordered a fresh and more transparent bidding process.
The presidential spokesman, Olusegun Adeniyi, had told newsmen that “having carefully reviewed official reports and representations from stakeholders and after availing himself of competent advice on the recent licensing of the 2.3GHz, Spectrum Band, President Yar’Adua has come to the conclusion that the letters and spirit of the speculated rules and guidelines were not adequately complied with.
“In furtherance of the Federal Government’s desire to assure of its commitment to the observance of due process and a level playing field, President Yar’Adua directed that the NCC should initiate a fresh process for the award of the 2.3GHz spectrum band licences.
“The president further directed that in performing its statutory function of awarding licences for band through a fresh process, the NCC should make every possible effort to ensure that its actions are seen and perceived by all stakeholders to be open, transparent and fully in keeping with the requirements of due process and fair-play”.
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
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