Headlines

Nigeria’s unserious approach to AfCFTA may deny the country of its huge opportunities– Segun Musa

Funso OLOJO

The Vice President, Air and Logistics of the National Association of Government Approved Freight Forwarders (NAGAFF), Segun Musa, has decried the unserious approach Nigeria adopts towards participation in the African Continental Free Trade Area (AfCFTA) which he lamented may rob the country of the huge opportunities and benefits of the continent trade.

He slammed the body charged with coordination of the country’s participation in the Trade Agreement of ineptitude and lacking in substance, accusing the body of more theoretical than practical in his approach.

In a recent interview, Musa described the body’s approach as overly theoretical and ineffective, citing their preference for “talk shows” over practical solutions.

Musa expressed frustration with the committee charged with facilitating Nigeria’s participation in the free trade agreement, stating that they have made little progress beyond paper presentations and abstract discussions.

“They are not doing anything. Most of their engagements have been reduced to talk shows where they deliver speeches.

” We are not in an era of delivering papers; we need dialogue, practical strategies, and action plans,” he said.

The NAGAFF Vice President revealed that the AfCFTA committee had failed to attend critical meetings, further highlighting their lack of commitment.

“During our last meeting, the body responsible for AfCFTA facilitation did not show up.

“This demonstrates their unseriousness. If the government truly intends to improve the economy, they need to ensure such committees focus on tangible outcomes rather than endless discussions,” Musa remarked.

He also expressed disappointment with the virtual meetings organized by the committee, which he claimed lacked depth and actionable resolutions.

“I’ve participated in their discussions, and everything revolves around theory.

” There’s no practical engagement, and this has hindered progress. To date, I’ve not seen any real effort from them,” Musa added.

Musa emphasized the importance of practical engagement, urging the AfCFTA coordination body to involve stakeholders in meaningful discussions aimed at achieving results.

“If they are serious, they should engage those of us ready for practical dialogue and focus on how to build Nigeria’s capacity to participate in the continental trade.

” Their avoidance of public discussions only confirms their lack of direction,” he said.

Highlighting the potential benefits of AfCFTA, Musa argued that Nigeria’s failure to prepare adequately is a missed opportunity.

He called on the government to take the agreement seriously by addressing key challenges such as local production capacity, standardization, and export readiness.

“AfCFTA is a huge opportunity, but without a solid plan and active stakeholder involvement, Nigeria will continue to lag behind,” Musa concluded.

The African Continental Free Trade Area, aimed at fostering intra-African trade and economic integration, requires strong national coordination for effective implementation.

However, Musa’s comments suggest that Nigeria’s coordination framework may be inadequate, raising concerns about the country’s ability to compete in the continental market.

Customs

Tinubu celebrates Adeniyi on his 59th birthday

–lists his achievements

Funso OLOJO

President Bola Ahmed Tinubu has joined millions of well wishers across the globe to celebrate Adewale Adeniyi, the Comptroller-General of Customs, Adewale Adeniyi as he turns 59 years on Sunday, January 19th, 2025.

In his birthday message made available through his Special Adviser on information and strategy, Bayo Onanuga, Tinubu lauded the innovative and inspiring leadership of Adeniyi which he noted has impacted greatly on the image and performance of the service.

While listing the achievements of the customs in terms of revenue generation, trade facilitation, automation and digitization of the service, anti- smuggling activities as well as bolstered staff morale under the dexterious guidance of Adeniyi, President Tinubu wished him divine wisdom, robust health, and continued strength as he serves the nation.

“Under his guidance, the agency has witnessed significant progress through the steady digitalisation and automation of its operations, a renewed commitment to professionalism, and an uplift in officers’ morale, enhancing high performance.

“His leadership has enabled the NCS to surpass revenue targets substantially and bolstered trade facilitation, yielding widespread positive effects on the national economy.

“President Tinubu applauds the innovative anti-smuggling strategies initiated by the Customs Chief.

“These strategies encompass equipping the youth with new skills for alternative livelihood opportunities, fostering engagements with traditional institutions, and nurturing a culture of effective communication and mutual respect.

“The President recognises the Comptroller-General’s other notable achievements, including the remarkable seizures of arms and ammunition and the revitalisation of the Comptroller-General’s Annual Conference, which aims to assess and enhance the agency’s operations.

“President Tinubu affirms that Adeniyi’s extensive experience of over 30 years in service and adaptability to change has greatly enriched the Customs Service.

“The President offers prayers for divine wisdom, robust health, and continued strength for Comptroller-General Adeniyi as he serves the nation.

Headlines

EFCC discovers Yahoo training school in Benin city

-arrests 25 students undergoing training in cybercrimes

Funso OLOJO

The operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, (EFCC) has on Thursday January 16th, 2025, uncovered a Yahoo academy in Benin city, Edo State, where young Nigerians are undergoing training in the act of internet fraud.

During the raid, the anti- graft agency arrested 25 suspected internet fraudsters in the cybercrimes training centre

The suspects’ arrest at their hideout was triggered by credible intelligence that indicated the apartment being used as a yahoo academy or training school for internet-related fraud and other fraudulent activities.

Items recovered from the suspects include six exotic cars, laptops and phones.

The suspects will be charged to court as soon as investigations are concluded.

Customs

Onyeka, Tin Can CAC, set to pursue revenue generation aggressively

— vows to surpass 1 trillion naira revenue record

Funso OLOJO

The Area Controller of the Tin Can island command of the Nigeria customs service, Comptroller Frank Onyeka, has set an ambitious goal of meeting and surpassing the one trillion naira revenue mark achieved last year by his predecessor, ACG Dera Nnadi.

It would be recalled that the command was given a revenue target of N1.4 trillion in 2024 while it realized a little about N1.226 trillion ,an unprecedented record that was never achieved in the history of the command.

Meanwhile, Comptroller Onyeka, has vowed to sustain the revenue momentum as he would aggressively pursue revenue collection.

Speaking while playing host to the Executive council of the Maritime Reporters Association of Nigeria(MARAN) which paid him a courtesy visit in his office on Friday, January 17th, 2025, the Customs chief disclosed his strategy to carry out his assignment.

According to him, he would facilitate legitimate trade, ensure 100 percent examination of all imports while he would energise his men and officers to key into his vision.

“I’ll facilitate trade, but it has to be legitimate trade. That’s what I feel I should do in the strict sense.

“You know, I’m coming from the aspect of revenue. So, it is my prayer and my hope to meet my target and surpass it.

“But principally, what I am going to fight is the ability to do this job without examination.

“I have appealed to my officers, whatever it is they have to do, let them see the containers, once we’ve examined them, everything should be on cruise control because if you examine, you’ll now know if it’s supposed to go out or not.

“I’ve involved Customs Intelligence Unit, CIU, I’ve involved Valuation Unit, I’ve spoken to all relevant Units and it’s my prayer, by the grace of God, that all of us will be on the same page to make sure that the renewed hope agenda of President Bola Ahmed Tinubu is brought to fruition” he noted.

He was full of gratitude to the Comptroller General of Customs, Bashir Adewale Adeniyi , for the confidence reposed in him and vowed never to disappoint him.

“I also appreciate the fact that our indefatigable Comptroller General Of Customs, CGC Bashir Adewale Adeniyi to whom I’m very grateful.

“He needs to be made to know that he didn’t make any mistake for him to have brought me here.

“I am very grateful to him and his management team, and I need to make him proud” he enthused.

Comptroller Onyeka also vowed to build on the foundation that has been laid by his predecessor, Assistant Comptroller General Dera Nnadi.

“In anti-smuggling, he did well. In revenue generation, he did superbly well, same goes for infrastructure development.

“His Public Relations was top-notch, which I’m going to leverage.

“He was fortunate to have what I consider a very fantastic rapport with the media because that’s his background. I intend to leverage that. I intend to do better in that aspect” he added.

Earlier, in his address, the President of MARAN, Mr Godfrey Bivbere expressed the willingness of the association to partner with the CAC and the Command to achieve the target ahead of the command.

He reiterated the firm resolution of the association to accord Comptroller Onyeka the same support accorded to his predecessor.