Business
Presidential Committee Makes Case For Calabar Port
The Presidential Task Force on Customs Reforms has urged the Federal government to evolve policies that would ensure commercial viability of the Calabar Port, to justify the huge investment already in place.
Chairman of the Task Foce, Dr. Bello Haliru Mohammed, who stated this in Calabar at the end of the last leg of its tour of Customs formations, stressed the need for government to restore the port to its former status as a busy business haven for importers and exporters.
He listed factors militating the viability of the Port as shallowness of the river channel and poor road network between Calabar and the hinterland. He called on the government to take prompt action to redress the situation.
“We have come to Calabar Port, we have seen the situation there. The port is virtually down. This is similar to what we saw at the Mallam Aminu Kano International Airport. The Customs cannot generate and collect revenue under such circumstances. Therefore, something drastic must be done if the Federal Government must tap the revenue potentials in the nation’s non-oil sector,”, he said.
Meanwhile, the Cross River State command of the Service had generated N1,181 billion as at June, 2009.
Mr. Bellu Ralph Obiora, the Cross River/Akwa Ibom States Area Comptroller, disclosed this during the visit.
Mr. Obiora said the command is working to meet, or even surpass its estimated target for the 2009 fiscal yar, but regretted that commercial activities have dwindled and remains at a low ebb in the command because the Calabar seaport is under utilized.
“We have not had container – carrying vessels here for a long time, the non-dredging of the waterways does not allow for bigger vessels to berth.
There are no international cargo flights coming into the Margaret Ekpo International Airport,” he stated.
Apart from low patronage, he also said that “the current global economic meltdown is also taking its effect on all trading activities generally.
The Calabar Free Trade Zones (CFTZ) does have enough industries to help boost our revenue base.”
He explained that the situation is worsened by the lull in economic activities at the premier Tinapa Business Resort and lesisure and the dilapidated condition of the federal roads leading to the state as heavy duty trucks were finding it extremely difficult to haul their cargoes in and out of the state.
But to boost its revenue generation, the comptroller said the command has introduced a dual roving patrol unit in the two states to fight and frustrate smugglers as well as holding meetings and sensitised the used car dealers in the two states to start paying customs duties on their vehicles.
He said despite the efforts of the command, it was yet to yield dividend and meet up with the high expectations.
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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