Business
How Andoni-Opobo-Nkoro Development Summit Will Transform Zone – Miller
Andoni-Opobo-Nkoro Economic Zone development summit, “shared
responsibility, shared prosperity” a brainchild of Hon. Senibo Dakuku Adol
Peterside, member Federal House of Representatives, representing
Andoni-Opobo-Nkoro Federal Constituency is being launched tomorrow. The
launching of this Economic Zone development summit will not have come at a time
other than this. It is now a common knowledge that governance is all about the
well being of the citizens and in realisation of this ultimate goal of modern
governments, this economic summit is very imperative.
The whole idea of economic zone development summit gives us
the opportunity to highlight some economic potentials in the area of focus:
Andoni-Opobo-Nkoro Federal Constituency. Andoni and Opobo/Nkoro Local
Government Areas are riverine Local Government Areas of the state. It is
pertinent to point out that the economic zone development summit will give us
opportunity to harness the riches of the rivers and creeks (water) around us to
the economic benefit of the people. There is no single individual that is not
endowed with potentials, if adequately tapped makes the person very useful
member of the society. It is obvious that this economic zone development summit
is desirous to expose such potentialities.
Government at different times have embarked upon skills
acquisition programmes which is a very audible strategy of economic empowerment
of the individual. It is disheartening to observe that these goal intention
programmes have been marred at the implementation stage. In as much as skills
acquisition remains a veritable tool in the economic development of the
individual, it should be carried out vigorously. Persons interested in this
programme should be encouraged to venture into skills relevant to their areas
of abode.
We can also encourage people to form groups such as
co-operatives to qualify them for loans from financial institutions which will
enable them set up businesses of their own. These businesses will grant
economic independence to the concerned persons. This is achievable through
prudent management of available resources which is of great interest to the
economic zone development summit.
The bottom-line of our existence in the contemporary society
is to acquire relevant education as prerequisite to escape poverty. Even the
highly educated professionals can dabble into business ventures that can uplift
others who are not so privileged to limelight. These persons will be able to
tap the benefits of this economic zone development summit.
By the geographical location we find ourselves, our people
are predominantly aquatic in their traditional means of earning a living. We
are fishermen and women. Operating mostly at subsistence level. The gains of
this economic zone development summit will enable us to improve on our kind and
level of fishing. This will imply a shift from the use of crude methods of
fishing with obsolete implements to modem methods with mechanised implements.
This will also catapult us from subsistence fishing to commercial fishing. The
would-be investors that are woed by this economic zone development summit will
collaborate with the people and government to turn the fortune of our people
around in this way. We can make the best use of the Atlantic Ocean, rivers and
creeks that surround us.
The Nipapalm trees in our waters have not been fully
utilised. Investigations have revealed that Nipapalm can be beneficial to the
people more than the local use we make of it. This economic zone development
summit will certainly highlight such latent economic benefits to the people.
The economic zone development summit will also expose to the
world the abundant sand and gravels, we use to erect our concrete buildings
over the years from our water. This economic zone development summit will, like
any other economic summit, expose us to the outside world. This is the more
reason why all and sundry must come out to support the launching of this
summit. Hon. Senibo Dakuku Adol Peterside – member, Federal House of
Representatives, thank you for this vision.
Hon. Senibo Andrew Anderson Miller is the member
representing Opobo/Nkoro in the Rivers State House of Assembly
Business
TTP Trains Customs Agents, Freight Forwarders On Eto App
In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.
Business
NECA Holds MSME Fair To Drive Growth
Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
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· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
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· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
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· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.
Business
Over 2m Passengers Board Blue Rail Train – Commissioner
The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.
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