Headlines

FG commissions, woos shipping community to Funtua inland dry port

–declares facility as port of origin, final destination

The eyewitness reporter

The Federal Government has declared Funtua Inland Dry Port in Katsina State as a port of origin and final destination for import and export of cargoes.

This implies that the Inland Dry Port is empowered to operate shipping businesses including clearing and forwarding of cargo directly from anywhere in the world.

The declaration, which was made on behalf of the Federal Government by the Honourable Minister of Transportation, Mu’azu Jaji Sambo, is coming many years after the establishment of the Funtua Inland Dry Port.

In March 2006, the Federal Executive Council approved the establishment of the Funtua Container Freight Station, alongside other Inland Dry Ports across the country. The Funtua Container Freight Station was later converted to an Inland Dry Port and that this critical transport infrastructure is based on the strategic framework of Build, Own, Operate and Transfer( BOOT)

In making the declaration, the Minister relied on the power conferred on him as Minister of Transportation by section 30 of the Nigerian Ports Authority Act, Cap. N126 Laws of the Federation of Nigeria, 2004.

Speaking at the declaration ceremony, Mu’azu Sambo explained that the Funtua Inland Dry Port would be a Customs port in accordance with the provisions of the Customs and Excise Management Act, Cap. C45 Laws of the Federation of Nigeria, 2004 and would have all the prerequisites of an international port.

According to the Minister, the importance of Katsina State as the commercial domain in the Trans-Saharan trade route with huge agricultural produce and trade in local and export volumes, qualified the State for an Inland Dry Port.

He said national and international maritime practitioners, shippers, shipping companies, landlocked countries and port users should take full advantage of the port for import and export of their cargoes.

In her remarks, the Permanent Secretary, the Federal Ministry of Transportation, Dr. Magdalene Ajani, said the declaration of Funtua Inland Dry Port as a port of origin and final destination, was another milestone achievement for the intermodal transportation system in the country.

According to her, “the Funtua Inland Dry Port will further unlock the economic potentials of Nigeria and facilitate trade with the land-locked countries like Niger and Chad Republic. The Port will provide importers and exporters located within the nation’s hinterland access to shipping and port services without physically being at the seaports”.

Other benefits of the Funtua Inland Dry Port, the Permanent Secretary said, are that the project “will promote the Africa Continental Free Trade Agreement (AfCFTA) and economic integration as well as further support the Presidential Business Enabling Environment Council (PEBEC)”.

The Governor of Kastina State, Aminu Bello Masari, represented by the Permanent Secretary, Ministry of Commerce, Alh. Musa Sule, in his presentation, noted that the State Government, as part of its contribution to the project, facilitated 16.2 hectares of land and also paid compensation to the land owners.

He said the Katsina State Government took the step based on the conviction that when fully operational, the Port will create employment for the immediate community and its environs, support the revenue base of the State and facilitate trade within and outside the country.

Also speaking, the Executive Secretary, Nigeria Shippers’ Council, Emmanuel Jime advised States that they were allocated Inland Dry Ports but were yet to develop them, to expedite action on the project to bring shipping closer to importers and exporters in their State.

Customs

Group confers “continental” award on Adeniyi over customs’ phenomenal revenue record

Adeniyi, CGC

Funso OLOJO

The Comptroller General of the Nigeria Customs Service, C.G.C Adewale Bashir Adeniyi, has been nominated and approved to be honoured with “The Continent Man of The Year 2024” Award by Board of Editors and Publishers of Continent magazine.

This resolution was announced by the spokesman of the group, Mr David Oladimeji, at the end of group’s meeting held on Friday, September 13th, 2024 in Abuja.

The meeting was organized by” The Continent “Magazine to deliberate on a personality and organisation deserving of the Award.

The Board’s attention was drawn to the statement made recently by former governor of the Central Bank of Nigeria (C.B.N) and sitting Governor of Anambra state, Prof Chukwuma Soludo,who told his constituents in Awka that the Customs and F.I.R.S have sustained the nation’s economy from collapse since February this year, when the NNPCL stopped remittance of statutory revenue to the Federation Account for onward disbursements to the three tiers of governments.

Oladimeji said “the Board noted that this is not an easy task to be achieved under the astute and dedicated leadership of C.G.C Adeniyi, considering the fact that the Customs and it’s officers have been perceived by the public as corrupt and fraudulent”

” In a bid to commend and encourage leaders of the customs and F.I.R.S as well as their lieutenants not to rest on their oars, the Board resolved to honour the C.G.C, his Command Controllers and Revenue Collectors who had made significant sacrifices and excelled in their national anti-smuggling, revenue collection assignments with “The Continent Man of The Year” and “Pillars of Nigerian Economy 2024″ Awards”

As plans are geared towards the celebration of the international and national icons at a date to be announced soon, “The Continent” special edition will publish the profile and achievements of the deserving recipients that earned them recognition and honour.

Headlines

NIMASA secures support of Bank of Industry for enhanced capacity building in maritime industry

Funso OLOJO

The Nigerian Maritime Administration and Safety Agency (NIMASA) has broker a partnership with the Bank of Industry (BOI) to enhance its capacity building effort in the maritime industry.

The Director General of NIMASA, Dr. Dayo Mobereola, represented by the Executive Director of Maritime Labour and Cabotage Services, Mr. Jibril Abba, made this disclosure during a visit by the Management of the Bank of Industry, led by Executive Director of Large Enterprises, Mrs. Ifeoma Uz’Okpala.

He stated, “In addition to safety, security, and maritime labor, the Agency’s mandate encompasses capacity development aimed at growing the sector.”

He also reaffirmed the Agency’s commitment to collaboration as a vital tool for achieving its mandate.

“The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy”, he said.

On her part, the Executive Director of Large Enterprises at BOI, Mrs. Uz’Okpala, affirmed the Bank’s readiness to support NIMASA.

She also emphasized the importance of collaboration in implementing a robust capacity-building initiative that will contribute to economic growth in Nigeria.

Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation.

It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%)

Headlines

NIMASA secures support of Bank of Industry for enhanced capacity building in maritime industry

Funso OLOJO

The Nigerian Maritime Administration and Safety Agency (NIMASA) has broker a partnership with the Bank of Industry (BOI) to enhance its capacity building effort in the maritime industry.

He stated, “In addition to safety, security, and maritime labor, the Agency’s mandate encompasses capacity development aimed at growing the sector.”

He also reaffirmed the Agency’s commitment to collaboration as a vital tool for achieving its mandate.

“The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy”, he said.

On her part, the Executive Director of Large Enterprises at BOI, Mrs. Uz’Okpala, affirmed the Bank’s readiness to support NIMASA.

She also emphasized the importance of collaboration in implementing a robust capacity-building initiative that will contribute to economic growth in Nigeria.

Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation.

It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%).