Connect with us

News

FG declares Funtua Inland Dry Port as port of origin and final destination

Published

on

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 cargoes 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 ceremomy, 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, Federal Ministry of Transportation, Dr. Magdalene Ajani, said the declaration of Funtua Inland Dry Port as 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 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 were allocated Inland Dry Ports, but were yet to develop them, to expedite action on the project in order to bring shipping closer to importers and exporters in their State.

News

Govs awaiting resolutions on ideal National Minimum Wage for workers – Sule

Published

on

Nasarawa State Governor, Abdullahi Sule, has said governors were not averse to the new national minimum wage for Nigerian workers.

Suke however said the implementation of the new wage will depend more on the resolutions by the tripartite committee set up by the Presidency.

He dismissed claims that state governors were not cooperating with the Federal Government in terms of payment across board.

Prior to Sule’s personal opinion on the issue, there have been concerns in some quarters over the ability of many states to agree to and be able to pay the new minimum wage to be proposed by the Tripartite Committee on Minimum Wage.

The concerns became heightened when reports emerged that some governors became unsettled with the decision of the Edo State Governor, Godwin Obaseki, to raise the minimum wage in his state to N70,000.

But reacting to the claims, shortly after having a private meeting with the Vice President, Kashim Shettima in his office, on Wednesday, Sule, who further explained that his comment on the matter was his personal view, also said he spoke about the security situation in Nasarawa State.

The governor who said he was unaware of any state where the government was unable to pay the old minimum wage rate, stated that Nasarawa has been paying the N30,000 minimum wage since 2019 and has also implemented promotions, gratuities, and other benefits for workers.

While he explained that governors have not disagreed on matters around plans to review workers’ pays, he explained that a committee established by the federal government is working on the minimum wage, and governors are waiting for the outcome.

“We’re concerned about the welfare of the workers. In fact, we’re paying some special allowances called hazard allowance, even to our medical workers, as I’m talking to you right now. So I don’t think governors have any problem with the payment of minimum wage. I don’t speak for the governors. Our chairman, the Governor of Kwara, actually speaks for the governors and he will do that at the right time to you.

“But it is incorrect, actually, to say that governors are not interested or are not cooperating. What the governors keep saying is that there is a committee established by the federal government to work on the minimum wage.

“We are waiting for the outcome of that committee and that committee is not just looking at federal government, it’s looking at the state government and organized private sector. So by the time they provide, we don’t want to jump the gun and that’s why we continue to do that.

“You may find one or two states make certain statements, which is okay perfectly in line. Minimum is minimum, when they say minimum wage, it doesn’t mean that somebody cannot be higher than that, dependent on your own cash flow and dependent on your own position. So, I think that’s the position”, Sule said.

Speaking on the security of the state, Sule assured that the state is safe for investment and agriculture, contrary to concerns about security, citing the example of a lithium factory built by foreign investors, which took several years to complete and is now operational.

Asserting a claim that Nasarawa is the safety state in the country for agriculture and other activities, he attributed the success to improved security in the area, thanks to the construction of major roads and the establishment of a military super-camp.

To support his claim, Sule highlighted the state’s achievements in agriculture, including being number one in sesame farming, number two in yam and cassava production, and number five in rice production nationwide. He encouraged skeptics to verify these facts for themselves.

“But now coming back to the issue of security that you have mentioned, it took us a while to be able to stabilize the area. First and foremost, they had a very bad road leading to the areas where some of the bandits, kidnappers and so on were settling down.

“We now constructed a major road in the area and the federal government also constructed the major road that comes all the way from Benue into Nasarawa state, which most of the transporters from the eastern part of the country are actually using at the moment.

“We also established what you call military super-camp in the area so there is presence of the military in the area. So all those kidnappers, bandits and others have all left, we don’t have any as far as that area is concerned.

“Nasarawa State is always considered as one of the safest states to do agriculture and others things. Now, coming back to the agriculture that you have mentioned, since the past two to three years, Nasarawa State has been leading in so many areas of agriculture.

“Today, I’m happy to tell you that we are number one in sesame farming in the whole federation, nobody does more than that. We’re number two a yam production throughout the country. We are number two in cassava throughout the country and we are number five in rice production.

“So if people are not going to farms, we’ll not be achieving these kinds of numbers. These are the realities on ground, these are things that you can go and find out on your own. So as far as we are concerned, we’re not saying that there are no kidnappings in Nasarawa, from time to time you’ll find it here and there, but in Nasarawa State there is also oil drilling going on, with the oil drilling I don’t think any of you has ever heard anything about kidnapping and things like that taking place,” he said.

Speaking on his visit to the Vice President, Sule disclosed that he had met Shettima to discuss the upcoming commissioning of a lithium factory cited in the state on Friday, expressing optimism that President Bola Tinubu would be present at the event.

“I came to see him for two major issues: we’ve been doing a lot in the area of agriculture, which he has taken upon himself to ensure that things are going well, so he’s been monitoring that on his own. So from time to time we visit and we discuss on the areas of agriculture, which is of great importance to him.

“I came also to discuss about the commissioning of the lithium factory that we’re having on Friday. As you know that this Friday we’re going to commission a 4000 metric tons per day lithium processing factory, which he has always been interested in knowing the outcome of what is happening.

“So we came to discuss that and part of the preparations. In fact we’re hoping Mr President himself will be coming to commission that factory,” he said.

Continue Reading

News

Reps move to investigate escape of Binance executive, deny bribe allegations

Published

on

The House of Representatives has launched an investigation into the escape of Nadeem Anjarwalla (Head of Binance Africa) from the custody of the National Security Adviser.

The resolution followed a motion of urgent public importance moved by Dennis Okafor on Wednesday during plenary.

It would be recalled that Mr Anjarwalla and Tigran Gambaryan were detained in Abuja before the former escaped out of custody and subsequently fled the country.

In the motion, Okafor said the escape of Anjarwalla from custody was an embarrassment to Nigeria.

He prayed the House to investigate the circumstances that led to the escape.

Meanwhile, the House also denied the alleged soliciting of bribes from some persons.

Kama Nkem Kanma raised a point of order on privilege, stating that the House cannot be embarrassed.

Although the lawmaker did not mention Binance, however, it would be recalled that the CEO of Binance, Richard Teng recently accused some members of the House of demanding bribes from them.

Teng, in a blog he posted on X on Tuesday, accused the House of Representatives Committee on Financial Crimes of demanding money during a probe.

Kanma said the House never made such a demand from Binance and called for strong action.

Ruling on the point of order, Speaker Tajudeen Abbas ordered the Clerk of the House, Yahaya Danzaria to use the media to refute the claim.

Continue Reading

News

Cybersecurity levy: TUC kicks, threatens shutdown

Published

on

The Trade Union Congress of Nigeria (TUC) has threatened a shut down of the economy over the plan to begin implementation of the 0.5 per cent cyber security levy on electronic transactions.

The body urged the Federal Government to direct the Central Bank of Nigeria (CBN) to withdraw its directive to financial institutions on the issue, to avert the shutdown.

The union’s President, Mr Festus Osifo, gave the warning in a statement on Wednesday.

CBN had recently, directed banks to implement the 0.5 per cent cybersecurity levy on electronic transactions from May 20.

The apex bank said the directive followed the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024.

It said that the proceeds were to be remitted to the National Cybersecurity Fund which would be administered by the Office of the National Security Adviser.

Osifo described such plan as illogical, coming at a time that Nigerians were grappling with high cost of living.

He said that such high cost of living was imposed by devaluation of Naira, hyper hike in the cost of petrol, supersonic increment in the cost of electricity tariff, among others.

“We are quite disturbed that since the inception of this administration, its policies have brought pain, anguish and sorrow on Nigerians.

“Whereas, a bank account holder in Nigeria today is currently charged stamp duty, transfer fee, VAT on transfer fee, and all forms of account maintenance levies by both government and the banks, this burden seems not to be enough, as government is poised to inflict further pain on the already battered Nigerians.

“So, many policies of this government are not only imposing hardship on the downtrodden Nigerians but also on businesses, as some of them are shutting down because of the unfriendly business environment, “ he said.

The union leader expressed fears that the development would further encourage people to hoard cash at home, reduce financial inclusion, increase poverty and exacerbate misery index.

According to him, all Nigerians are interested in right now is the urgent conclusion of discussions around the minimum wage.

“Not a vexatious policy that is further reducing the already depleted disposable income of the masses and indirectly ridiculing the gain which the minimum wage would have brought to the people when concluded,” he added.

Continue Reading

Trending