Business
NIMASA Boss Lauds Nigeria’s Leadership Of AMJA
The Director-General, Ni
gerian Maritime Administration and Safety Agency, Dr Dakuku Peterside, has commended the leadership role of Nigeria in African Maritime Journalists’ Association (AMJA).
Peterside made the remarks while receiving the President of AMJA, Mr Sesan Onileimo, and some members of the association in his office on Wednesday.
He said that Onileimo had showcased to the world that “Nigeria is not only endowed with natural resources but with talents’’.
“Each time we play a leadership role, is an added advantage which nobody can ignore.
“It is acknowledged continent-wide that the media in Nigeria is vibrant and have become role models for other countries in Africa.
“Nobody can deny the fact that the Nigerian media is very active and substantially represented the feelings of our people.
“I truly appreciate you. Always be conscious of the fact that you are not just president of the association but an ambassador of Nigeria,’’ Peterside said.
He said that the leadership of the association could count on the support of NIMASA.
Peterside said, “You are not just representing yourselves, you are representing the country.’’
The director-general said that the aspiration of the management of the agency in the medium-term was to be a global voice on maritime issues.
“We are regaining ourselves and doing massive reform, restructuring, repositioning of the agency to facilitate maritime trade in the sub-region and optimise the potential of the industry.
“We are automating our register of ships. We are looking at how we perform our port and flag state control functions.
“We intend to improve our reputation and enhance our efficiency in compliance with all International Maritime Organisation (IMO) instruments.
“ We just need to follow the due process and we have now become a stickler for due process,’’ Peterside said.
In his response, Onileimo said that AMJA was formed in January 2016 in Accra, Ghana, by a cross section of about 70 journalists across Africa
He said that the presidency of the association was zoned to West Africa and he was elected the president; because Nigeria had a vibrant media industry.
Onileimo said that the inauguration of the executives of the body would come up between October 10 to Oct. 11, 2016 in Lagos.
Our correspondent reports that the four –member executive committee are: President -Mr Sesan Onileimo (Nigeria); Vice President – Mr. Terry Hutson (South Africa); General Secretary – Mr. George Sunguh (Kenya); and the Treasurer – Grace Boateng (Ghana).
He said that there would be a capacity building programme on the second day of the event.
He said that heads of maritime parastatals and the minister of transportation would be invited to the occasion.
“Nigeria will benefit immensely by hosting the secretariat of AMJA.
“We solicit your assistance to make the inauguration a success,’’ the MAJA boss said.
Onileimo commended the director-general of NIMASA for turning the agency from its former state of abandonment to an agency that “understands its mandate’’.
He said that the director-general had given hope to those in the maritime industry.
Onileimo said that the NIMASA boss had also turned around the National Seafarers Development programme (NSDP).
“If it can continue this way, we can look at expansion of fleet. We had a ship registry which was barely zero. We had a Ship Acquisition and Ship Building Fund (SASBF) that was turned into a largesse.
“With your appointment, we are sure that NIMASA is in safe hands and the flag will fly high,’’
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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