Connect with us

Business & Economy

NPA budgets N1.489trillion Revenue for 2026 . Sets for modernization of Apapa, Tin Can Island

Published

on

Managing Director of NPA , Dr Abubakar Dantsoho(middle)flanked by his counterpart s in Marine Transport

NPA budgets N1.489trillion Revenue for 2026
. Sets for modernization of Apapa, Tin Can Island

By George Mgbeleke

In a bid to achieve its revenue projection for the fiscal year,the Nigerian Ports Authority ( NPA ) has targeted N1.489trillion as Internally Generated revenue for 2026 which is N21billion above N1.468trillion targeted and surpassed in 2025.

This is as the ports regulator is set for ground breaking of projects on modernization of Apapa and Tin Can Island ports for effective global competitiveness.

The Managing Director of NPA , Dr Abubakar Dantsoho stated these on Monday during 2026 budget defence session with the Senate Committee on Marine Transport.

Dr Dantsoho in his presentation on the 2026 budget proposal for NPA, said total revenue projection by the agency for 2026 is N1.489trillion which according to him, is N21billion higher than N1.468trillon targeted and surpassed in 2025 going by revenue collection of N1.97trillion .

According to him , out of the projected N1.489trillion revenue in 2026, N945billion is earmarked for capital projects , N447.5billion for operating expenses and N90.6billon for remittance into Consolidated Revenue Fund.

He explained that the budget is anchored on the mantra of ” Consolidation , renewed resilience and shared prosperity ” , with modernization of Apapa and Tin Can Island Ports as flagship projects for increase revenue.

” Apapa and Tin Can Island ports are very old and small for required global competitors in ports business.

” Apapa Port is about 100 years old while Tin Can is over 50 years with inadequate capacities in size and vessels containments for modernized operations.

” Ground breaking of projects on their modernization , will commence in two or three weeks time “, he said .

On Treasury Single Account (TSA), he said all revenues generated by NPA go directly into the account controlled by the Central Bank of Nigeria .

” We do not retain any funds. The Central Bank is the signatory, and we must apply for funds whenever needed”, he explained .

In his remarks , the Chairman of the Committee, Senator Wasiu Eshinlokun ( Lagos Central) , said oversight function of the committee on NPA , is not adversarial but collaborative.

” Our goal is to work with you to strengthen institutional capacity , eliminate inefficiencies and ensure that every naira appropriated serves the public interest “, he said .

Business & Economy

Customs Intercepts 56 Containers With Goods Worth Over N5.53bn, Inaugurates Healthcare Centre In Rivers

Published

on

By

By Our Correspondent

In its effort to stamp out smuggling and improve the revenue target of the country, the Nigeria Customs Service, (NCS) on Tuesday said it has intercepted 56 containers laden with banned vegetable oil, assorted used clothing and tomatoes paste with a Duty Paid Value of over N5.53 billion at the Onne Port, Rivers State.

The Service also handed over to Ebubu Community in Rivers State, a reconstructed and equiped Primary Healthcare Centre, built by the Port Harcourt Area II Customs Command, as part of its Corporate Social Responsibility drive.

The Comptroller-General of Customs, CGC Bashir Adewale Adeniyi, while briefing journalists in Port Harcourt on Tuesday said the 56 seized containers, comprising 45 containers of over 1.1 million litres of vegetable oil, nine containers of assorted used clothing and two containers of tomato paste, were falsely declared as plants, spare parts and machineries.

Adeniyi, who is also Chairman of the World Customs Organisation Council, said the interception followed an intelligence-driven review of cargoes destined for Free Trade Zones, which revealed flagrant abuse of incentives and waivers granted by the Federal Government to encourage local production.

He said each of the 45 containers of vegetable oil, branded “Deliceoux”, contained 1,050 jerry cans of 25 litres each, valued at N4.25 billion, while the nine 40-foot containers of used clothing and two 20-footer containers of tomato paste were valued at N1.04 billion and N232 million respectively, bringing the total to N5,530,080,000.

According to him, the Federal Government allows operators in free zones to import raw materials and machinery duty-free, and in some cases goods under import prohibition, but investigations showed the concessions were being diverted into the local market.

“This meeting is very important because we need to have a conversation on what we need to do to support our local industries. Our quest to facilitate trade and ensure prompt port clearance should not be exploited to damage the local economy and local production capacity. The remarkable thing about these containers is that they were declared as machinery and spare parts, but upon physical examination we discovered they were vegetable oil. The intention is clearly to introduce them into our local markets,” Adeniyi said.

He recalled that less than a month ago, the Cross River/Akwa Ibom Command seized two 40-footer containers of vegetable oil being diverted from the Calabar Free Trade Zone, while about 40 other containers had earlier been taken into the zone under questionable circumstances.

The Customs boss noted that the seized containers contravened Sections 55 and 233 of the NCS Act 2023, announcing initiation of court processes for condemnation and final forfeiture, prosecution of importers, agents and shipping companies involved, and a comprehensive audit of all containers transferred to Tinapa Free Trade Zone, with a suspension of further transfers until all previous transfers are accounted for.

He said the action was aimed at safeguarding the economy, protecting public health, supporting domestic production and ensuring compliance with import laws, noting that false declarations deprive government of revenue, expose local manufacturers and farmers to unfair competition and threaten jobs.

He commended the Customs Area Controller, Port Harcourt Area II Command, Onne, Comptroller Aliyu Alkali and his officers for the diligence that led to the seizures.

Shortly after, Adeniyi commissioned the reconstructed Ebubu Primary Healthcare Centre, built by the Onne Command, describing it as a milestone in the transformation of the NCS into a modern, professional and responsive institution.

He said the project was executed under the “Customs Care” initiative launched in Abuja on March 28, 2025, which has delivered interventions in education, healthcare, food security and environmental sustainability nationwide, earning the Service the Commonwealth Gold Award for Environmental and Corporate Social Responsibility.

“This event is significant because we are reaffirming that our responsibility extends beyond revenue collection and border security to making meaningful contributions to the communities where we serve. Customs Care provides a structured platform to respond to genuine community needs, complement government efforts and create sustainable social impact,” he said.

In his remarks, the Customs Area Controller, Port Harcourt Area II Command, Onne, Comptroller Aliyu Alkali, said the reconstruction of the health centre was part of the Command’s Corporate Social Responsibility projects and reflects the Service’s philosophy that its success is measured not only by revenue and enforcement statistics but by its positive impact on host communities.

Alkali said the facility, which had been abandoned and dilapidated, was rehabilitated to restore a critical community asset that will serve Ebubu and surrounding communities, particularly expectant mothers and children.

He attributed the successful completion of the project to the visionary leadership and personal commitment of the Comptroller-General, noting that the NCS under Adeniyi believes Customs is not only about revenue and enforcement but also about service to humanity, community engagement and national development, while appealing to authorities and the community to ensure the facility is adequately staffed, maintained and protected.

The Executive Secretary, Rivers State Primary Healthcare Management Board, Dr. Chituru Adele, represented by Dr. Tonye Lawson-Jack, Director of Medical Services, thanked the Customs Service for the intervention, describing it as crucial to the state and assured of proper maintenance of the facility.

Similarly, the Chairman of Eleme Local Government Area, Chief Obarilomate Ollor, represented by his Vice, Mrs. Virtue Eke, and the Paramount Ruler of Ebubu, Emere Godwin Chinwi, who represented the King of Eleme Kingdom, Emere Philip Obele, expressed gratitude to the NCS and pledged to take ownership of the facility and ensure its sustainability.

The event climaxed with the conferment of the chieftaincy title of “Emere Owun’se-Oboru Eta 1 of Ebubu, Eleme, meaning “The King that helped build and developed Ebubu people” on the Comptroller-General by the Ebubu clan for his intervention in reconstructing the world-class healthcare centre for their use.

Continue Reading

Business & Economy

Renowned VOA Journalist Madina Nadabo Joins ABER as Director of Communications and Public Affairs

Published

on

By

Hajiya Madina Dauda Nadabo

By David Owei

Port Harcourt, Nigeria – The Board of Trustees of the BRACED Tourism Promotion & Development Initiative (BTPDI), sponsors of the Africa Blue Economy Roundtable (ABER) has announced the appointment of veteran journalist Hajiya Madina Dauda Nadabo as Director of Communications and Public Affairs.

Hajiya Nadabo brings over four decades of distinguished experience in journalism, public communication, and international broadcasting. She currently serves as Bureau Coordinator and Programme Officer for the Voice of America (VOA) in Nigeria, a role she has held since 1998 across the English and Hausa services.

Announcing the appointment in Port Harcourt, Rivers State on Tuesday, Convener/CEO of ABER and Chairman of the BTPDI Board of Trustees, Dr. Piriye Kiyaramo, said it was in recognition of her stellar professional record, global exposure, credibility, and extensive network – assets that will significantly advance ABER’s mission to empower women in Africa’s Blue Economy.

In her new role, Hajiya Nadabo will provide strategic leadership for ABER’s communications architecture. Her mandate includes developing the Roundtable’s communication strategy and brand identity; serving as official spokesperson and managing all press releases and public statements; leading engagement with national, regional, and international media; and overseeing ABER’s digital platforms.

She will also drive high-level stakeholder engagement with the Presidency, the Federal Ministry of Marine and Blue Economy, NIMASA, the Nigerian Navy, State Governments, diplomatic missions, and development partners, while coordinating internal communications, publications, and publicity for all ABER programmes and roundtables. The appointment takes immediate effect.

About ABER
The Africa Blue Economy Roundtable is a continental blue networking platform dedicated to promoting sustainable blue economy development and women’s leadership across Africa’s maritime, fisheries, aquaculture, tourism, and marine ecosystem sectors.

Continue Reading

Business & Economy

Gov Otti Charges1086 Graduands of Abia State Leadership Academy To Embrace Execellence , Innovation, Hardwork

Published

on

By

Abia State Governor Alex Otti in a handshake with 2026 Abia State Leadership Academy Youth Leadership

By Our Correspondent

In a bid inspire jobless youths to join hands in the creation of new Abia state project, Abia State Governor, Dr. Alex Otti, has charged youths to embrace selfless service, innovation and excellence, and to become active drivers of the New Abia project.

The Governor gave the charge on Saturday, August 29, 2026, while speaking at the graduation ceremony of the 2026 Abia State Leadership Academy Youth Leadership Boot Camp,held at International Conference Centre Umuahia organised by the Abia State Leadership Academy in collaboration with the Enterprise Development Centre of Pan-Atlantic University, Lagos.

Governor Otti, whose speech was titled “The Leadership Vocation,” congratulated the 1,086 graduates of the Abia State Leadership Academy Boot Camp.

Gov. Otti reminded them that they were not returning home as ordinary citizens, and invited them to become active participants in the New Abia. He commended the quality of training delivered, noting that the programme was designed to inspire participants to pursue meaningful impact.

“The process was as seamless as it was transparent, and today, we can see evidence that, in line with our philosophy of merit, only the best performers were chosen to be part of this class,” the Governor said.

Governor Otti commended the President of the Academy, Professor Kenneth Kalu, and his team for their dedication, as well as the Enterprise Development Centre of Pan-Atlantic University, led by its Director, Dr. Nneka Okekaru, for their commitment to the successful delivery of the four-week programme.

The State Chief Executive also appreciated the Nigerian Council of Registered Insurance Brokers, the management of Government College Umuahia, and the Nigerian Naval College of Accounts and Finance for their partnership and support. He thanked parents for entrusting their children to the government for the programme.

The Governor noted that about 10 percent of the participants were young people of Abia origin living in different parts of the country, describing this as evidence that the administration’s inclusive policy of identifying anyone who lives in Abia as an Abian is yielding results.

The Governor particularly acknowledged one of the outstanding participants, Ms. Rosely Farida Abdusalam, who lives in Aba with her parents, saying her success demonstrated that the policy of “if you live in Abia, you are from Abia” is working.

Addressing the graduating class, Governor Otti urged them to understand that their graduation marks the beginning of a greater responsibility, rather than the end of their leadership journey.

“You are not going home as regular people anymore. You now belong to a special community of young minds with a responsibility to act with distinction and carry the light of excellence into your communities, schools, and wherever the future takes you,” Gov. Otti said.

Gov. Otti charged them to establish mentoring clusters, share the knowledge acquired at the academy, and mobilise their peers to become active partners in building the New Abia.

The Governor described the New Abia project as a transgenerational journey requiring patience, resilience, teamwork and commitment, and urged the graduates not to remain passive citizens.

The Governor stated that they would, in the future, occupy positions of influence and must therefore begin now to bridge the gap between the aspirations of the State’s founding generation and present realities.

“After your stay at the academy, you can no longer be passive citizens. You are invited to remove the cloak of lethargy and embrace without hesitation the responsibility of selfless service,” The Governor charged.

Governor Otti assured the graduates that the State Government would continue to support and monitor their growth, and directed the Academy to maintain a directory of participants and track their progress.

Gov. Otti expressed particular interest in seeing the ideas developed during their capstone presentations translated into practical solutions. “We are far more interested in seeing them come to fruition,” the Governor said. He described the graduates as “bearers of solutions, drivers of innovation, and agents of transformation,” and encouraged them to approach the government whenever they require assistance to actualise their ventures.

The Governor urged the graduates to remain steadfast in the face of opposition and challenges, stressing that their choices would determine the kind of future they help to build. “It is either you are voting for a prosperous future through your daily choices or you are undermining it by refusing to stand for your conviction,”

The Governor expressed confidence in the young leaders and called on them to make a difference in their communities, adding that their achievements would be the best way to justify the confidence reposed in them by the State.

Governor Otti also thanked the graduates for being good ambassadors of Abia State and their families, and directed the Academy to sustain the leadership development programme.

Speaking, the Chairman of the Abia State Civil Service Commission, Pastor Dr. Eno Jerry Eze said the Abia State Leadership Academy graduated 1,086 young people from its 2026 Youth Leadership Boot Camp, with a charge to become transformational leaders, innovators and change makers who will contribute meaningfully to the development of the State and the nation.

She noted that the 1,086 graduates were selected from more than 7,000 applicants, describing their selection as a testament to their potential and commitment to leadership.

According to her, the theme of the 2026 boot camp, “Raising Transformational Leaders, Innovators and Change-Makers,” reflects the vision of the Abia State Government under Governor Alex Otti to invest not only in physical infrastructure but also in the State’s most important asset – its young people.

“Under the leadership of His Excellency, Dr. Alex Otti, OFR, we are investing not just in roads, schools, climate-friendly transportation, agriculture, small and medium-sized enterprises and hospitals. We are also investing in our greatest assets, our young people,” she stated.

She explained that the theme was a call to participants to lead with integrity in their schools and communities, think creatively, develop solutions to problems around them, and take responsibility rather than waiting for others to act.

She said faculty members went beyond conventional lectures by exposing participants to real-life scenarios and encouraging them to think critically, understand the peculiarities of different situations, appreciate diverse perspectives and develop practical solutions.

“Through these sessions, you gained new perspectives on problem-solving techniques, learned to think more deeply, understand the peculiarities of each situation, and listened to different views across the table,” she stated.

She expressed appreciation to Governor Alex Otti for his commitment to empowering young people and commended the Abia State Leadership Academy for delivering what she described as a world-class programme.

Earlier, the Abia State Leadership Academy President, Prof. Kenneth Kalu, commended Governor Alex C. Otti for establishing the institution as a deliberate investment in the future of Abia State.

Prof. Kalu said the Academy was established because Governor Otti dared to ask a fundamental question: what if government invested not only in what Abia has today, but also in who Abia will become tomorrow.

According to him, the Governor could have chosen to concentrate exclusively on visible infrastructure such as roads, buildings and hospitals, which generate immediate public appreciation, but instead decided to invest in something that cannot be photographed – the minds, character and civic consciousness of young Abians.

“Roads, buildings and other structures are important, and Your Excellency is already doing a lot in those sectors. But a generation shaped by values, a generation taught to live with integrity, serve with compassion and build with purpose, that generation will outlast every structure one can ever erect,” he said.

The Academy President, on behalf of the faculty, staff and students, thanked the Governor for his support and vision, describing the establishment of the Academy as an investment whose impact would extend across generations.

“Thank you for planting a forest of leadership whose shade will shelter Abia for generations. History will remember this day that you came, you saw and you changed humanity for good,” he said.

Prof. Kalu urged the graduates to return to their communities and make a difference, stressing that they should take the values acquired during the programme into their schools, families and wider communities.

“Go back to your communities and lead. Go back to your schools and solve. Go back to your families and model the values you have learned during your time at the Academy,” he charged.

He further encouraged the young leaders to remain steadfast in the face of pressure and temptation, urging them to remember the values of the Academy whenever they were confronted with situations that could compromise their integrity.

“When you are tempted to compromise, as you will be tempted, please remember this day. When the path of integrity feels lonely, please remember the Academy,” he said.

Continue Reading

Latest

Uncategorized6 hours ago

Turnah: Bayelsa APC Cannot Deliver Tinubu Without Rainbow Coalition …PDP chairman challenges Ogoriba’s claim, cites 2023 voting figures

By Our Correspondent As 2027 election draws close,the chairman of the peoples democratic party (PDP) in Bayelsa state, high chief...

Uncategorized6 hours ago

Gombe, Kano, Bauchi, Delta Bye-Elections Offer Vital Lessons for General Election — INEC Chairman

By Our Correspondent As preparations gather momentum ahead of the 2027 General Election, the Independent National Electoral Commission (INEC) has...

patriotism.13 hours ago

Jonathan, Diri, Others Eulogise Former Bayelsa Military Administrator Edor Obi at Father’s Funeral

By David Owei Former President of Nigeria, Dr. Goodluck Jonathan, and Bayelsa State Governor, Senator Douye Diri, have praised the...

Law & Crime24 hours ago

Death of 37 Miners:NSCDC deployes Commandant Abdul Hamid Salisu Kabara to head Minna Commandant

By Uthman Baba Naseer,Minna Following the Thursday,death of 37 suspected illegal miners at the detention facility of the Niger State...

Religion1 day ago

Hajj 2027: CSO begs Saudi Arabia over additional slots for Nigeria

By our correspondent A civil society organisation, CSO, the Independent Hajj Reporters, IHR, has appealed to the Saudi Arabian Ministry...

Uncategorized1 day ago

Ethics and the Indiscretion of AI

By Emmanuel Nnadozie Onwubiko What Is Ethics? To begin this reflection, the best way to proceed is to first understand...

Uncategorized2 days ago

Review Monetization Policy , NASS pleads with FG ….assures over 14, 000 Staff of World Class Medical Centre

By our Correspondent The National Assembly Thursday through its Clerk , Kamoru Ogunlana Esq, appealed to the Federal Government to...

Politics2 days ago

Accept defeat, stop campaign of calumny, Ekiti APC Reps candidate tells Ojuawo

By our Correspondent The All Progressives Congress, APC, House of Representatives candidate for Ekiti South Federal Constituency, Engr. Toyin Okoro,...

Uncategorized2 days ago

37 Dead in Custody: Nigerian Lives Are Not Disposable-ADC Tells Tinubu,FG -Demands Full, Transparent Investigation

By George Mgbeleke The African Democratic Congress (ADC) has called for an immediate, independent and transparent investigation into the deaths...

Uncategorized2 days ago

Jonathan Urges Civil Service Reform, Calls for Unified Federal-State Salary Structure

By David Owei,Bayelsa Former President, Doctor Goodluck Jonathan, has called for the harmonization of structures and salaries across the Federal...

Trending