Business
Body Explains Rise In Inactive Lines
The Chairman, Africa Information and Communications Technology Alliance (AfICTA), Mr Jimson Olufuye, said competition was partly responsible for the 40.4 million inactive lines in Nigeria’s telecommunications industry as at November 2012.
The statistics indicated that inactive subscribers on networks of telecom operators in November 2012 rose to 40.4million from 28.5million in October 2012.
Olufuye, also Chief Executive Officer of Kontemporary, said that many subscribers discarded their old Subscriber Identification Module (SIM) cards because it had become cheaper to get new ones.
According to him, a SIM card user may find out that buying a new card will give him internet access, along with voice communication, and decide to discard one and go for another.
‘’It shows that the communications sector is alive,’’ he said, noting that subscribers were responding to trends in the industry.
He said that telecom operators should improve on the quality of services they render, so that subscribers would not continue to leave their networks.
The AfICTA chairman said that the Mobile Number Portability service, billed to begin in the first quarter of the year, will reduce the volume of idle lines.
He, however, said that some other lines became idle because they were used for nefarious activities and discarded.
Chief Executive Officer of Teledom Group, Mr Emmanuel Ekuwem, also charged operators to render competitive services, so that they would not lose customers and revenue.
He told newsmen that the increasing number of inactive lines would affect the revenue of operators.
The subscriber data revealed that though there were 150.7million connected lines in November 2012, only 110.3 million were active in the industry.
A breakdown showed that the Global System for Mobile communication (GSM) network had a total of 27.4 million dormant lines.
Also, the mobile section of the Code Division Multiple Access (CDMA) had a total of 10.9 million inactive lines, while the Fixed Wired/Wireless network had about two million dormant lines.
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.
King Onunwor
-
Women4 days ago
The Christian Teaching Mother (II)
-
Politics4 days ago
Keyamo Hails Tinubu Over Oborevwori’s Defection To APC
-
News4 days ago
FG Targets N13.8 bn Data Protection Revenue In 2025
-
News4 days ago
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno
-
Rivers4 days ago
Army Deactivates 16 Illegal Refineries …Arrests 23 Suspects In N’Delta
-
Social/Kiddies4 days ago
Celebrating Woman As An Icon Of Strength
-
Politics4 days ago
Newly Appointed Bayelsa PDP CTC Chair Unveils Agenda
-
Business4 days ago
Expert Seeks Cooperative-Driven Investments In Agriculture