Business
Seme Customs Earns N8.39bn In Exports …Surpasses 2023 Revenue Target
The Nigeria Customs Service (NCS), Seme Command, says it has it facilitated a total of 41,867.88 metric tons of export products worth N8.2billion from January to October 2023.
It also recorded a total of N3.050billion revenue within the period under review, exceeding the allotted 2023 target of N1.96billion by N1.084billion, representing 55.1 percent increase.
The Customs Area Controller (CAC), Seme-Krake Border Command, Comptroller Timi Bomodi, disclosed this in a statement issued by the Public Relations Officer of the Command, Hussein Abdulahi, who attributed the successes recorded by the command to strategies adopted by the leadership of the Command to checkmate revenue loopholes, in partnership with stakeholders to ensure compliance.
Bomodi also handed over seized cannabis to the representative of the National Drug Law Enforcement Agency (NDLEA).
He said, “Upon my assumption of duty on the 18th of September, 2023, I pledged to adopt sustainable ways and means of dealing with smuggling, while the focus will be on using administrative and strategic levels to block revenue leakages.
“I also promised to encourage compliant traders and our host Communities along the corridor bearing in mind the challenges of the Joint Border Post as one that is still adjusting to the reality of the border closure.
“We have kept faith within government as talks are ongoing at the highest level to regularize the situation.
“The Command under my watch has made notable impacts in our key performance indicators which are revenue collection, anti-smuggling operations, and facilitation of legitimate trade.
“The Command continues to sustain tempo in harnessing all revenue components to achieve desired goals. The target for the Command for the year 2023 is N1.96billion only.
“As at the end of October 2023, the Command has collected N3,050, 100, 912.28 only. The revenue figure collected exceeded the allotted target of N1,966,000,000 by N1,084,100,912.28 only, which represents a 55.1% increase.
“Under Export, the Command facilitated a total of 41,867.88 Metric Tons involving 1048 trucks of export products with Free On Board (FOB) of N8,299,767,340.57..
“The Nigeria Export Supervision Scheme (NESS) paid was N41,504, 608.45, only. The surcharge paid for the period under review was N40,531,580.00, only”.
On anti-smuggling operations, Bomodi recalled the headline seizures of 168 live Parrot birds and a Hawk, which are prohibited under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which Nigeria is a signatory.
He disclosed that between September and October, the Command’s operatives intercepted 1,756 jerrycans of Premium Motor Spirit (PMS) equivalent to 52,680 liters or about 2 petroleum tankers, and 3,805 units of 50kg bags of rice equivalent to 7 trailer loads of foreign parboiled rice.
Other seizures within the period, he said, include; 1,379 of general merchandise goods, 40 parcels of Cannabis Sativa, 2 used vehicles, 3 live porcupines with a Duty Paid Value of N326million.
He added that six suspects were arrested in connection with the seizures.
Bomodi continued that the seized cannabis sativa and suspects will be handed over to NDLEA for further investigation.
He expressed appreciation to the Comptroller General of Customs for his support to the Command and the Seme Badagry Community for their cooperation.
By: Nkpemenyie Mcdominic, Lagos
Business
NIGCOMSAT Seeks Policy To Harness AI Potentials
The Nigerian Communications Satellite Limited (NIGCOMSAT), the country’s satellite operator, has called for immediate promolgation of policy action that will enable the country to harness the potentials of Artificial Intelligence (AI).
NIGCOMSAT, also warned that Nigeria risks missing out on Africa’s projected $1.2trillion share of the global AI economy by 2030.
Managing Director of NIGCOMSAT, Nkechi Egerton-Idehen, disclosed this in a statement issued at the weekend following her participation in the Meeting of the National Council for Communications, Innovation, and Digital Economy.
“Artificial intelligence is reshaping industries, economies, and societies worldwide, with projections that it will contribute up to $15.7trillion to the global economy by 2030. Africa stands to gain $1.2trillion of this if the right policies and innovations are in place”, Idehen said, citing a PricewaterhouseCoopers report.
The NIGCOMSAT MD underscored the transformative potential of AI in agriculture, highlighting its applicability in Benue State, widely regarded as Nigeria’s “food basket.”
According to her, machine learning tools could revolutionize agricultural practices by improving pest detection and optimizing planting schedules using satellite imagery.
“AI offers us the chance to not only flourish economically but also to achieve food security. However, we must ask ourselves if we are prepared to manage this technology responsibly”, she added.
Idehen also noted that internet access remains a significant barrier to AI adoption in Nigeria.
“For AI tools to be effective, basic digital infrastructure is essential. Addressing this gap must be a priority.
“AI is happening. We have the opportunity to manage this technology revolution responsibly, both in Africa and globally, through innovation and governance”, she said.
In August 2024, the Federal Ministry of Communications, Innovation, and Digital Economy released a draft National Artificial Intelligence Strategy, aiming to position Nigeria as a global leader in AI.
Corlins Walter
Business
We Have Spent N1bn On Electrification -LG Boss
The Chairman of Emohua Local Government Council, Chief David Omereji, has said the council has so far spent over N1 billion for the electrification of communities in the area.
Omereji said this while addressing staff of the council at the council headquarters recently.
He said the move was part of his administration’s resolve to ensure peace and development of the LGA.
According to him, the Council spent about N29 million on monthly basis for the maintenance of the Emohua Local Vigilante group known as OSPAC, with each member being paid a stipend of N100, 000 monthly.
He diaclosed that 11 out of the 14 wards are currently enjoying electricity, while efforts are on to light-up the remaining ones.
“I also want to use this opportunity to inform the political class for purposes of records and for the understanding of the people that the Council under my watch have done more than enough”, he said .
The Emolga boss explained that all that have been achieved were through the personal effort of the Council, without support from anybody as rumoured in some quarters.
Omereji further reaveled that a number of other projects, including roads, fencing of schools, hospitals, courts premises, and reconstruction of some abandoned buildings at the Council Headquarters are being undertaken by his administration.
He enjoined the people of the area to support his administration’s drive to bring purposeful development to the LGA.
The Emohua Council boss, who reiterated his hatred for noise making, stated that his works would speak for him, and solicited the support of staff of the council and the entire people of the area.
He noted the fact that some people may not be happy with his achievements, saying that he would remain focused, while advising critics of his government to do so constructively with facts and figures.
King Onunwor
Business
Ogoni Rejects NNPC-Sahara OML11 Deal … Wants FG’s Intervention
The Movement for the Survival of the Ogoni People (MOSOP) has raised some ethical questions over a Financial and Technical Services Agreement (FTSA) between Sahara Energy and West African Gas Limited (WAGL), an affiliate of the Nigerian National Petroleum Company (NNPC).
MOSOP said the agreement was not done in good faith, not in the interest of the Nigerian people, and did not follow due process.
Foremost Ogoni born activist and MOSOP leader, Fegalo Nsuke, who made this known in Abuja, weekend, described the Sahara-WAGL deal as fraudulent, deceptive and an insult on the intelligence and integrity of the Nigerian nation.
Nsuke called on President Bola Ahmed Tinubu to cancel that FTSA between Sahara Energy and WAGL, noting that the agreement is fraught with irregularities and deceptive.
“What Sahara and the NNPC did in the FTSA between Sahara and WAGL is shameful and depicts high level corruption in public service of our country.
“WAGL is an affiliate of Sahara and the NNPC. How then can Sahara go into an agreement with its own affiliate? It’s as good as going into an agreement with itself. This is deceptive and fraudulent”, Nsuke said.
He continued that “Sahara Energy is certainly not a company the Ogoni people want on their soil and we are calling on Mr. President, Bola Ahmed Tinubu, to terminate any deal between the NNPC and Sahara Energy over OML 11, and to allow for an inclusive arrangement that considers a fair treatment of the Ogoni people in the distribution of revenues from natural resource extraction on Ogoni soil.
“The last Ogoni Congress has been unequivocal on the Ogoni demand for justice and has given a clear path to resolve the three decade old conflict between all critical parties.
“It will be good to explore this path to peace and development for Ogoni and for our country”.
Nsuke accused Sahara Energy and the NNPC of frustrating the progress made by MOSOP to achieve a permanent solution to the Ogoni problem.
He urged a presidential intervention with deep consideration for a fair treatment of the Ogoni people in order to permanently address the problem.
He noted that Sahara Energy should give up on the Ogoni area to allow for an engagement in the interest of the country and the people.
Recall that MOSOP and Sagara Energy have recently been engaged in a row in what MOSOP describes as an unholy relationship between Sahara Energy and the NNPC over OML 11.
MOSOP expressly rejected Sahara Energy and called for a fair treatment of the Ogoni people in natural resource extraction in Ogoni.
It noted that Ogoni people, led by MOSOP, paid the sacrifice to take the oil from Shell, hence “the position of MOSOP must be taken into consideration in decisions relating to resumption of oil production in Ogoni”.