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Inadequate funds may harm proposed reconstruction/rehabilitation of Lagos, Port-Harcourt ports—NPA tells National Assembly

Bello-Koko, Ag. NPA MD
—as agency defends N253.47 billion 2022 budget

—- projects N350.18 billion revenue

 

Eyewitness reporter

 

The Nigerian Ports Authority (NPA) has raised the alarm over what it described as inadequate funds that may harm some of its capital projects in 2022, especially the rehabilitation and reconstruction of old and dilapidated Apapa port, Tin Can port, and Port Harcourt port complex.
The warning was contained in the budget defence of the authority when its management team led by the Acting Managing Director, Mohammed Bello-Koko, appeared before the Senate Committee on Marine Transport in Abuja to justify the 2022 budgetary provision of N253.47 billion of the agency.
While giving defence of the N253.47 billion budget estimate for the 2022 fiscal year, Bello- Koko told the lawmakers that the “cost to revenue” ratio not exceeding 50 percent in compliance with the provisions of the Finance Act 2020 will have serious consequences for the capital projects of the agency on 2022.
“The limitation of revenue available for spending in each fiscal year “ cost to revenue” ratio not exceeding fifty percent in compliance with the provisions of the finance act 2020 has serious downside risks to the authority’s 2022 budget projections in reconstruction and rehabilitation of old and dilapidated port infrastructure at Apapa, Tincan Island and Port Harcourt ports” the NPA Chief Executive lamented.
He added that as of the end of September 2021,  the NPA recorded a revenue generation of N256.28 billion as against the expected N214.65 billion (approved estimate N286.20billion).
However, in view of the complaints made by NPA, the Senate Committee advised its management to come up with innovative ways to increase its revenue generation to help reduce borrowing by the federal government.
The lawmakers further enjoined the agency to stretch its avenues of revenue generation that would enable it to get enough funds to carry out its proposed capital projects in 2022.
The authority presented a projected revenue of N350.18bn for the 2022 fiscal year.
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Customs

WCO commends Adeniyi for transformational leadership of Customs 

Funso Olojo 
The Nigeria Customs Service (NCS) has received a commendation from the World Customs Organisation (WCO) Regional Office for Capacity Building (ROCB) East and Southern Africa for its exceptional performance under the leadership of Comptroller-General of Customs, Bashir Adewale Adeniyi.
In a letter of commendation signed by WCO Director Larry Liza, the organisation hailed the NCS’s remarkable 74% growth in revenue over the past year, marking a significant milestone in customs administration.
“We extend our warmest congratulations to Comptroller-General Adewale Adeniyi and the Nigeria Customs Service for achieving a 74% growth in revenue in the last year. This outstanding feat has not gone unnoticed and stands as a testament to your dedication and effective leadership,” stated Larry Liza.
 Despite challenging security conditions, The WCO highlighted the NCS’s exemplary achievements across various fronts, including revenue collection, trade facilitation, societal protection, and stakeholder collaboration.
 “Under Comptroller-General Adeniyi’s guidance, the Nigeria Customs Service has demonstrated commendable resilience and innovation, particularly in streamlining operations and enforcing critical directives for the benefit of the nation,” remarked Larry Liza.
“We applaud the NCS’s proactive measures against smuggling and other illicit activities, which have reinforced border security and contributed to Nigeria’s economic stability.”
“We continue to draw inspiration from Comptroller-General Adeniyi’s leadership, which transcends borders and exemplifies excellence in customs management. Our congratulations extend to his team, stakeholders, and the entire nation of Nigeria,” added Larry Liza.
The WCO’s recognition underscores the global impact of Nigeria’s Customs reforms and reinforces its commitment to learning from and supporting successful strategies in customs administration under CG Adewale Adeniyi’s leadership.
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Headlines

CIoTA seeks collaboration with NIMASA, pays homage to Mobereola.

Dayo Mobereola, NIMASA DG

Funso Olojo 

The Executives of the Chartered Institute of Transportation Administration of Nigeria (CIoTA) paid a visit to the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, at the NIMASA Towers in Lagos.

The executives, led by the President, Mr. Segun Obayendo, congratulated the DG on his appointment and pledged to collaborate with the agency in ensuring the transportation sector is professionally driven.

On his part, the DG welcomed the association and expressed the Agency’s readiness to partner with CIoTA towards achieving a robust transport sector.

Dr. Dayo Mobereola, the NIMASA DG, was conferred with a fellowship of the institute.

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Customs

Tin Can Customs generates N575.5bn in six month

Funso Olojo 
The Nigeria Customs Service (NCS), Tincan Island Port Command (TIPC) has generated N575.5 billion in revenue in the first half of the year 2024.
The Customs Area Controller, TIPC, Comptroller Dera Nnadi said this at a media conference held at the Maritime Reporter Association of Nigeria (MARAN) secretariat in Apapa, Lagos.
According to Nnadi, this is an improvement by N315.24 billion and represents a 221.13 per cent increase from the half year report in 2023 which had N260.26 billion.
“As at today, July 12, the command has generated N627 billion and we have been given a target of N1.403 trillion. This shows that significant efforts have been made in the command in meeting the target.
“TCIP operations in the last six months significantly aligned with the statutory functions of the Service in the areas of revenue generation, trade facilitation and enforcement/anti-smuggling activities.
“The command’s operations were performed in consciousness of the theme of the 2024 International Customs Day, ‘‘Customs Engaging Traditional and New Partners with Purpose’.
“The command further enhanced the existing operational process to conform to the malady of the floating exchange rate regime with the use of technology made available by the NICIS II Software,” he said.
On enforcement, Nnadi noted that the command coordinated several 100 per cent physical examination under his supervision in collaboration with critical stakeholders to ensure that the command was freed of any form of non-compliance to the international trade cycle.
“Items discovered as concealments and seized during the period under review are one RZ17HD – 20P9964 – rifle, one RZ17HD – 20P9962 – rifle, one GAMO – T660739 – rifle, one pump action – MV0830249 – rifle, one RZ17TACTICAL – 30H21PT011992 – rifle, one RZ17HD – 20P9929 – rifle, one pump action – MV0830253 – rifle.
“Others  are one pump action – MV0830839 – rifle, one RZ17HD – 20P10115 – rifle, one pump action – V1690019 – rifle, one pump action – 52-H21PT – 3803 – rifle, one  RZ17HD – 20P9951 – rifle, one SAR9 SARSILMARZ T1102-21BV63826 – pistol, one RUGER AMERICAN PISTOL 9MM.
“Others listed: one SAR9 SARSILMARZ T1102-21BU51078 – pistol, one TAURUS G3C – BAIN BRIDGE, GA ADA 799424 – pistol, one TAURUS G3C – BAIN BRIDGE, GA ADC 122309 – pistol, one TAURUS G3C – BAIN BRIDGE, GA ADB 941276 – pistol.
“Also intercepted are one used Toyota Corolla Chassis Number: 5YFBURH1EP09601: 2014 model, Sterling High Quality shot gun cartridges green (12 cal 32 grams – 10packs of 25 pieces each), Sterling High Quality shot gun cartridges green (12 cal 30 grams – 20packs of 25 pieces each and 23 extra pieces).
“Included in the list are Seller & Bellot  Buck Shot – 55 pieces, Crossman Co2 12 gram cartridges – 123 pieces, 1USP CO2 Air Gun Pistol with Accessories Cal. 117 (4.5mm) BB, units of Mace Pepper Gun, to Department of State Services (DSS) for further agency function,” he said.
He said that during the period under review three plastic drums were intercepted concealed with several packets of Cannabis Indica, 46 bags containing 2,144 packets of cannabis indica all weighing 1,072kg seized from 1x40ft Container No. GAOU 669921/5 imported from Canada.
“The approximate street value of   the illicit substances is N3.216 billion.
“Also, 877 cartons of Barcadin cough syrup with codeine – 200 bottles of 100ml per carton and 82 cartons of Really Extra Diclofenac Sodium 50mg tablets – 600 packs per carton imported from India was seized.
“The approximate street value of the cough syrup is N964.33 million,” he said.
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