Business
Shippers Council Urges FG To Link Rails To Seaports
![](https://www.thetidenewsonline.com/wp-content/uploads/2018/01/FREDO290118-BUS-17.jpg)
Following the errors made by the Federal Government, by failing to link the rails to the seaports, the Nigerian Shippers Council (NSC), has given a warning that such mistakes should not be repeated, but to rather link the rails to the Inland Dry Ports (IDPs).
The Executive Secretary, NSC, Barr Hassan Bello, gave this warning during a two-day workshop for validation of draft operational manual for Inland Dry Ports in Nigeria.
He noted that the dry ports must be of international standard, adding that if the dry ports were slow and manually driven, they would not serve the purpose of establishing them.
He said, “The Inland Dry Port projects were conceived as part of Federal Government’s reform programme in the transport sector to decongest the seaports and bring shipping and port services closer to importers and exporters in the hinterland.
“Consequently, the Federal Executive Council granted approval for the establishment of Inland Dry Ports in March 2006 at six locations across the country namely, Isiala-Ngwa in Abia State, Erunmu Ibadan in Oyo State, Heipang, Jos in Plateau”.
Others he said, included, Kano in Kano State, Funtua in Katsina State and Maiduguri in Borno State,
Bello stated that the projects were to be developed on Public Private Partnership, using the Build, Own, Operate and Transfer (BOOT) model”.
The Secretary pointed out that Messers CPCS Transcom Nigeria Ltd., was also engaged by the council to draft an Operational Manual to guide the implementation and operation of the IDPs in line with international best practice.
He added that the operational manual would provide detailed processes, general outlook and those that were involved in the operation of a dry port.
Earlier, Director, Maritime Services, Federal Ministry of Transportation (FM-OT), Mr Dauda Suleiman, said that the project would greatly provide stimulus to the economy of the State and country at large.
“The dry ports are part of the solution to alleviate the problems of hinterland shipper’s inadequate access to the seaports and to remove frequent congestion, which result in the loss of cargo in transit, carnage and accident on our roads.
“It is pertinent to state that, for these projects to succeed there must be support and collaboration with the stakeholders.
“I am happy to observe that the Ministry and Shippers’ Council is already collaborating with Nigerian Railway Corporation, Nigerian Ports Authority, Nigerian Customs Service and other stakeholders to ensure its implementation,” he said.
Suleiman urged the participants to take full advantage of the workshop to address all grey areas in the draft operational manual and to come up with workable policy that would drive the operations of the inland dry ports.
By: Chinedu Wosu
Continue Reading
Business
Lokpobiri Condemns Abandoned Refinery Project in N’Delta … Vows Revival
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the long-standing abandonment of the Brass Modern Refinery project in Bayelsa State, saying it’s “unacceptable”.
Lokpobiri, who stated his concerns over the abandoned project during an inspection visit to Brass Local Government Area, emphasized the need to revitalise the project.
He also toured the Ewa-Ama Road project leading to the Brass Petroleum Products Terminal, and reaffirmed the Federal Government’s commitment to fast-tracking critical oil and gas infrastructure in the Niger Delta.
“It is unacceptable that such a strategic project has been left in this state for so long”, Lokpobiri declared, adding that “the Federal Government remains committed to ensuring that critical oil and gas infrastructure, like the Brass Refinery, is completed to create jobs and drive economic growth in the region”.
A statement issued yesterday by the Special Assistant on Media and Communication to the Minister, Nneamaka Okafor, assured that the administration is determined to deliver on these projects within President Bola Tinubu’s first two years in office.
Accompanied by the Chief Executive Officer of the Nigerian Midstream & Downstream Petroleum Regulatory Authority, Farouk Ahmed, Lokpobiri stressed that the completion of these projects aligns with Tinubu’s mandate to boost Nigeria’s oil and gas sector.
Beyond infrastructure concerns, Lokpobiri engaged with host community representatives, commending their patience and peaceful disposition despite the setbacks.
He said, “I sincerely commend the people of Brass for their patience and cooperation. Your support is invaluable, and I assure you that we will work tirelessly today to address these issues and bring this project to completion”.
A community representative, who welcomed the minister’s visit, described it as a step toward rebuilding trust in the government’s commitment to the region.
“We appreciate Senator Lokpobiri’s visit and his assurance that this project will receive due attention. We are hopeful that his intervention will lead to tangible progress”, the representative said.
Lokpobiri further urged the community to sustain the peace, emphasising that stability is crucial for attracting investment and fostering regional development.
He reiterated the government’s dedication to creating economic opportunities that would benefit Brass and the broader Niger Delta region.
Business
FG Unveils Industrialisation Strategies In 2025 … To Conduct MSMEs Census
Towards enhancing its industrial transformation and economic growth strategy, the Federal Ministry of Industry, Trade, and Investment (FMITI) is set to carry out a national census aimed at establishing a data-driven roadmap for empowering Micro, Small and Medium Enterprises (MSMEs) in 2025.
The Ministry revealed this in its 2025 outlook document, which listed the top priorities for the 2025, titled, “Accelerating Diversification to Rebuild Prosperity by Leveraging Industry, Trade & Investment”, signed by the Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole and the Minister of State, Senator John Enoh.
The census, according to the document, is an essential step in conducting a nationwide census to establish a precise, data-driven roadmap for empowering MSMEs.
According to the document, “The ministry will conduct a nationwide census to establish a precise, data-driven roadmap for empowering Micro, Small, and Medium Enterprises (MSMEs) and a high-level task force focused on implementing industrial reforms and re-engineering the Nigeria Industrial Revolution Plan (NIRP), aiming to create a modernised blueprint for sustainable industrialisation”.
Oduwole defined 2025 as a critical year for the nation to diversify its economy, promising quantifiable results through strategic initiatives and policy changes.
According to her, the ministry will concentrate on three crucial areas – investment mobilisation, trade revenue growth, and economic diversification.
“As a ministry, we prioritize creating a dynamic, resilient, and sustainable economy by positioning the private sector for productivity and competitiveness and enabling businesses to take full advantage of the vast opportunities available in domestic, regional, and global markets.
“We have re-positioned ourselves to deliver empirically verifiable policies and reforms based on transparently laid down, which improved FMITI’s Performance significantly in the last quarter of 2024.
“We are building an economy that attracts abundant investment from across the world, fosters industrial transformation, and facilitates trade in exports to generate productive jobs for Nigerians across the country.
“In 2025, to accelerate diversification and rebuild prosperity, FMITI will deliver a more enabled environment through good regulation and development policies and the expansion of trade and investment across three broad areas: Economic diversification to accelerate through industrialisation, digitisation, creative arts, manufacturing and innovation; Trade revenue growth to boost export and foreign exchange earnings; and investment mobilisation aimed at increasing investment retention and attraction”, Oduwole stated.
The key priorities for the ministry in 2025, according to the document, are: “Unlocking the full potential of the automotive sector by accelerating local manufacturing and fostering world-class supply chains; Expanding value addition in agriculture to position Nigeria as a global powerhouse in agro-industrial production; and Revitalizing the Cotton, Textile, and Garments (CTG) ecosystem to enhance domestic production, drive exports, and create millions of jobs.
Others are, “Advancing Nigeria’s industrial self-sufficiency through strategic investments in pharmaceuticals, medical devices, and petrochemical industries; Conducting a nationwide census to establish a precise, data-driven roadmap for empowering Micro, Small, and Medium Enterprises (MSMEs); and setting up a high-level task force focused on implementing these industrial reforms and re-engineering the Nigeria Industrial Revolution Plan (NIRP), aiming to create a modernized blueprint for sustainable industrialisation”.
In his comment, Enoh said, “We will also drive the revitalisation of existing industries, ensuring they remain vibrant players in an increasingly competitive world”.
To make these goals a reality, he said the ministry will engage extensively with key stakeholders across sectors, fostering strategic partnerships, collaboration, and rigorous monitoring and evaluation of industrial projects.
Business
Coy Strengthens Commitment To Nigeria’s Energy Future
Genesis Energy Group, a provider of integrated power solutions, has strengthened its commitment to the future of Nigeria’s energy infrastructure after hosting Governor Dikko Radda of Katsina State on a landmark visit to its Lagos and Port Harcourt facilities.
According to a statement, the visit highlighted the growing collaboration between state governments and private sector players in addressing Nigeria’s persistent energy challenges.
Governor Radda toured Genesis Energy’s 84 MW off-grid power plant at the Port Harcourt Refinery, the largest licensed facility of its kind in Nigeria.
The statement noted that the facility plays a crucial role in providing a stable and efficient power supply to key industrial establishments, reinforcing Genesis Energy’s leadership in sustainable energy solutions.
Following the refinery visit, the Governor proceeded to its Lagos power plant on Banana Island, Ikoyi, which includes 2×7.5MVA and 15MVA Injection Substations operating at 33/11KV.
The company explained that the facility ensures an uninterrupted electricity supply to both commercial and residential areas, further establishing Genesis Energy as a trusted provider of reliable power solutions.
Commending the company’s technological capabilities and operational excellence, Governor Radda said, “I am highly impressed with what I have seen.
“The company has exhibited remarkable expertise in power generation, with its turbine system running at full capacity for over a decade. Their electricity distribution process and service efficiency demonstrate their ability to execute large-scale power projects in Nigeria”.
The visit also allowed discussions on potential partnerships between the Katsina State government and Genesis Energy to enhance energy access and industrial growth in the region. Governor Radda acknowledged the company’s capacity to contribute meaningfully to Nigeria’s energy transformation.
On his part, the Executive Vice President of Operations and Maintenance at Genesis Energy Group, Simon Shaibu, emphasised the company’s dedication to driving innovation and strategic partnerships in the energy sector.
He said, “At Genesis Energy, we firmly believe that collaboration is key to unlocking Nigeria’s vast energy potential. As we continue expanding and innovating, we remain committed to supporting industries, fostering economic growth, and shaping a more sustainable energy landscape.
“The company remains committed to advancing national energy objectives through strategic investments in sustainable power infrastructure, further positioning itself as a leader in the transformation of Nigeria’s energy landscape”.
-
News3 days ago
S’South Deputy Govs Pay Condolence Visit To A’Ibom Colleague
-
Niger Delta3 days ago
HYPREP Presents Scholarship Grants To 300 Ogoni Postgraduate Students
-
Nation1 day ago
Party Chieftain Hails LG Boss’ Dev Strides
-
Niger Delta3 days ago
Environmentalist Makes Case For Oceans Preservation
-
Sports3 days ago
Aruna, renew rivalry at Singapore Smash 2025
-
Rivers1 day ago
Ohaneze Ndigbo-Group Hails Eze Umuokobo as Asst Treasurer
-
Business3 days ago
Expert Tasks Government On Civil Maritime Security Unit
-
Rivers1 day ago
Community Blames Lack Of Health, Education Facilities For High Maternal, Infant Mortalities … Urges Govt For Rescue