Connect with us

BUSINESS

ACCI, Stakeholders Seek Emergency Declaration on Export Sub-sector

Published

on

Share

By Tony Obiechina, Abuja

The President, Abuja Chamber of Commerce and Industry (ACCI), Dr
Al-Mujtaba Abubakar and stakeholders in the export business have
called for declaration of a state of emergency to remove bottlenecks
in the processing of non-oil exports in Nigeria.
Non-oil exporters in Nigeria raised the alarm over serious constraints
facing them in the export business, describing the situation as
constituting threats to government’s efforts to increase non-oil
revenue earnings.


Speaking variously at the unveiling of study report on the operation
of dry ports in Nigeria organized by the Abuja chamber of commerce and
industry, the stakeholders cited multi-billion naira loss being
experienced by exporters due to delay at the port, multiplicity of
agencies, poor infrastructure and bureaucratic challenges in the
processing of approvals for export.

The study report had listed several challenges militating against
deployment of dry ports in the logistic chain, calling for urgent
intervention to address critical weaknesses in the export chain
business within the context of the African continental free trade zone
(AfCFTA).
Opening the Public Private Dialogue attended by Agencies of the
transportation Ministry, commodity Associations, Exporters and other
staff holders, the ACCI President, Dr. Abubakar said, all hand must be
on deck to ease the burden of export if Nigeria is to expand her
revenue earnings and meet the demands of new continental free trade
regime.
Abubakar who linked the achievement of huge export trade volume to
strong hither-land logistics like ports and rail said the dry ports
report provides opportunities for all stakeholders to declare
emergency in the export sub-sector because of the complicated nature
of problems confronting exporters in Nigeria.
He added that economic development is best escalated when multi-modal
transportation model is the backbone of the economy adding that this
is true of developed economy and even truer of developing space as
Nigeria.
“This reality underpins the interest of the Abuja Chamber of Commerce
and Industry to partner development organizations for the study and
deployment of best practices and policies in various sectors of the
Nigerian economy.
The ACCI commended the German Development Agency (GIZ), the European
Union and others for the facilitation of the assessment study. The
partners support in the transport and other sector has tremendously
assisted Nigeria to institute best practices in various sectors of her
economy. We hope to proceed to partner further for the development of
a National Policy on Day Port in Nigeria.
This assessment report is an invaluable resource material for all
stakeholders in the dry port sub-sector.
The Director General, ACCI Victoria Akai in her opening remarks said,
the Nigerian logistic sector is undergoing extensive expansion across
transport, and logistic modes while saying that as Nigeria is
expanding her Railway Ports, roads, Air ports and other
infrastructures, Dry Port has emerged as a major focus along the
logistic change, “creating necessary policy framework is therefore, a
necessity and ACCI with her partners, is spear heading this move.
“A study has been conducted and conclusions have been reached. This is
a major step towards creating a policy framework for the operation of
dry port in Nigeria”, she said.
The Executive Secretary, Nigeria Shippers Council Hon Emmanuel Jime at
the event said they are not unaware of the operational challenges of
the Kaduna Inland Dry Port, which could be attested through the
various initiative aimed at solving these problems and right now, a
sensitization workshop is going on in Kaduna to enlighten
stakeholders.
The ES represented by the Deputy Director Abuja Liaison office, Mrs.
Rakiya Nuhu said one of the major policy initiatives of the Nigerian
Shippers’ Council is the development of Inland Dry Port while saying
that maritime infrastructure is the backbone to development and growth
of the maritime sector and its sub-sectors in the littoral Countries
across the world.
“Continuous investment in maritime infrastructure when pursued
vigorously can lead to appreciable economic growth and development”,
he said.
He stated the benefits of Inland Dry Ports amongst others as; bringing
shipping services to the doorstep of shippers across the nation,
assist in decongesting the seaports and making them more friendly,
Provide the impetus to revive and modernize the railway as a primary
mode for long distance haulage and assist in the reduction of over-all
costs of cargo to hinterland locations as well as transit cargoes to
landlocked countries.
The Managing Director, Kaduna Inland Dry Port, Mr. Ismail Adekola
Yusuf in his address said, Dry Ports are normally considered for
development at a location with various transport links such as
highways, railways and inland waterways.
“Dry ports function as an integrator of various modes of
transportation by encouraging intermodal transport operations.
Intermodal transport is an integrated process where all parts of the
transport process, including organizational and technological
arrangements must be well connected and coordinated to produce
significant proven advantages compared to single mode transportation.”
Mr. Ismail who was represented by the Mr. Chuka Offor said Dry Ports
provide a range of services such as container handling and storage,
container stripping and stuffing, break bulk cargo handling, customs
inspection and clearance, container light repairs, freight forwarding
and cargo consolidation services, inventory management and materials
handling.
According to him, Dry ports are to enhance the maritime business and
trigger regional economic development. The prospect of Kaduna inland
dry ports is to accelerate national and international business. It
promotes more investment in the region and increases cross-border
transactions.
This will attract a lot of manufacturing companies’ site their factory
around the dry port for ease and efficient logistics services thereby
generating employment opportunities for teaming youth.
“Besides enhancing cross border transactions, it been performed as
container consolidation and deconsolidation interface into some states
which has no ports. Services such as customs services, client’s
facilities, brokers, forwarding agents and transportation advises are
highly required by the stakeholders.
“The presence of dry ports will assist the seaports to improve their
effectiveness and efficiency in operations.  Additional space and
adequate multimodal transportation systems in dry port provide high
relief to seaports and ease the container movement to and from
seaport. It requires efficient transport facilities that move goods
smoothly, safely and rapidly from door to door. Multimodal is a
quality indicator of the level of integration between different modes:
more integration and interconnectivity between modes, which provides
efficient use of the transport system”, he noted.
Also speaking at the dialogue, the representative of GIZ, Mr. Legborsi
Nwiabu said their partnership has taken them to a point where they
were able to identify the challenges of Dry Ports in Nigeria thereby
proffering solution on how to tackle it.
“It is on that effect we commissioned a study to see how we can create
awareness. Validation has been done before now but the report will
help further. We are concern about the business environment and see
how we can regulate and we want to join voices with ACCI to charge a
way forward.”

BUSINESS

Afreximbank Seeks Digital Innovation to Unlock Nigeria’s Trade Potential

Published

on

Afreximbank
Share

The African Export-Import Bank (Afreximbank) said digital transformation is critical to unlocking trade and investment potential under the African Continental Free Trade Area (AfCFTA).

Dr Yemi Kale, Group Chief Economist and Managing Director, Research, Afreximbank, stated this at an engagement event on “Unlocking Nigeria’s Trade and Investment Potential Through Digital Innovation and the Abuja Africa Trade Centre (AATC)” on Thursday in Abuja.

Kale said the AfCFTA had created the world’s largest new trading bloc, representing a unified market of over 1.

3 billion people and a combined GDP of more than 3.4 trillion dollars.

“This integration goes beyond a symbolic milestone.

“It is a strategic platform capable of redefining how African economies produce, trade and compete in a rapidly changing global economy,” he said.

He noted that regional integration presented a once-in-a-generation opportunity to expand value chains, reduce dependence on primary commodities, accelerate industrialisation and strengthen Africa’s position in global markets.

Kale, however, expressed concern that intra-African trade still averages between 15 and 18 per cent, compared with 60 per cent in Europe and 40 per cent in Asia.

He identified market fragmentation, high logistics costs, gaps in trade data and cross-border payment challenges as factors limiting trade growth across the continent.

“If Africa must rise to its true economic stature, we must confront these obstacles with clarity, urgency and innovation.

“We must do so using one of the most powerful accelerators available to us and that is digital transformation.”

He explained that digital technologies such as end-to-end supply chain systems, automated customs services, e-commerce platforms, AI-driven market intelligence and digital payments were changing the structure of global trade.

Kale cited Rwanda’s digital single-window model and the growth of mobile money platforms as evidence of successful innovation

He noted that Afreximbank’s Pan-African Payment and Settlement System (PAPSS) was projected to save the continent billions in currency conversion costs.

According to him, digital innovation supports small and medium-sized businesses, including young entrepreneurs who can now access wider markets using online platforms.

He said that Nigeria’s large youth population gave the country a strategic advantage to lead Africa’s next phase of digitally-enabled trade.

“With 65 per cent of Nigeria’s population under 25, our young innovators are creating solutions, founding start-ups and shaping new industries.

“Strengthening skills, regulation, finance and collaboration will accelerate this impact,” he said.

He said Afreximbank was supporting this growth through the African Trade Gateway (ATG), trade intelligence services, and the AfCFTA Adjustment Fund among other initiatives.

“The ATG integrates trade information, due diligence, secure payments, and market insights, which are precisely the tools required for African businesses to compete effectively in an integrated continental market.

“It is, therefore, encouraging that Nigeria has taken a leadership role in advancing these priorities.”

Kale added that the Abuja Afreximbank Africa Trade Centre (AATC) represented the bank’s commitment to modernise trade by providing facilities that integrate information services, exhibition spaces, a business hotel and access to digital trade tools.

According to him, the centre is the first in a network of one-stop trade hubs being developed across Africa and the diaspora.

Kale said the AATC would help businesses access financing, partners, market intelligence, logistics support and technology services within a single space, reducing barriers and transaction costs.

“This building is more than a physical structure. It represents a catalytic platform for integration, innovation and investment,” he said.

He urged stakeholders to work together to drive digital transformation and build a continent where entrepreneurs can compete globally.

“This is not a distant dream. It is a future within our reach if we embrace innovation and collaboration,” he said.

Participants at the event were shown a live demonstration of Afreximbank’s Trade Intelligence Solutions- ATG and TRADAR and explored the role of AATCs in promoting trade and investment.

The event brought together financial institutions, trade organisations, investors and business owners.

Continue Reading

Agriculture

FG Empowers 9,870 Farmers with Inputs, Modern Rice Technologies in Kano

Published

on

Share

The Federal Government, through the Kano State Special Agro-Processing Zone (SAPZ) Programme in partnership with IFAD, has empowered 9,870 rice farmers in Kano with climate-resilient inputs and modern rice production technologies.

This was contained in a statement issued by the SAPZ Knowledge Management and Communication Officer, Rabi Mustapha.

The State Project Coordinator, Aminu Iliyasu, disclosed this on Sunday during the Farmers Field Day at Chiromawa Garin Babba Cluster in Garun Malam Local Government Area.

He said the exercise was organised to expose the farmers to Science-based and practical solutions capable of enhancing yields, improving food security, and boosting rural livelihoods.

Iliyasu described the field day as a celebration of knowledge, innovation and the resilience of smallholder farmers.

He explained that the SAPZ initiative in Kano aimed to expand access to improved technologies, strengthen extension services, reduce post-harvest losses and create market opportunities for rural farmers.

“These innovations are not theoretical. They are practical solutions that farmers can adopt immediately to raise productivity and increase income,” he said, while commending the support of local authorities.

Mustapha said the inputs distributed to 9,870 farmers included FARO 44 improved seeds, Urea and NPK fertilizers, and insecticides, targeting beneficiaries in Garun Malam, Gezawa, Bichi and Bagwai LGAs during the 2025 wet season.

She added that experts trained farmers on soil selection, seed dressing, nursery establishment, land preparation, and timely transplanting at proper spacing.

“They also covered fertilizer management, weed control, Integrated Pest Management and water regulation to boost rice yields.

“The training emphasised harvesting at optimal maturity, drying paddy to safe moisture levels, and fumigation using phostoxin to prevent storage losses,” she stated.

A beneficiary, Salamatu Ali, said the intervention had positioned Kano farmers to boost yields, withstand climate pressures and increase household incomes.

Another farmer, Huwaila Ibrahim, said the programme transformed her approach to rice production.

“Before, we planted without checking whether the land was suitable.

“Now, we first assess the soil to ensure it matches the seed variety. This season, we cultivated FARO 44,” she said.

Ibrahim added that her output increased from 20–25 bags per acre to about 40 bags after adopting the improved technologies.

Continue Reading

Agriculture

FG Unveils National Agricultural Sample Survey, 2023 Report for Food Security

Published

on

Share

The Federal Government has launched the National Agricultural Sample Survey (NASS) 2023 report, towards developing data-driven policies to achieve food security and economic diversification.

Minister of Agriculture and Food Security, Sen. Abubakar Kyari, made this known at the launch of “Disseminating the National Agricultural Sample Survey (NASS) 2023 report” on Tuesday in Abuja.

“As a Ministry, we will apply these findings across the core levers of agricultural transformation, ensuring that our programmes remain data-driven, impact-focused and aligned with the aspirations of the Renewed Hope Agenda.

“A nation that measures well governs well. And food security begins with information security.

“This report should be seen as a practical tool for decision-making, one that guides policy choices, informs investment priorities and accelerates the reforms required across Nigeria’s agricultural sector.

“In a country of more than 232 million people, the strength of our food system depends on the quality of the data that guides national decisions,” Kyari said.

The minister explained that without credible evidence, interventions risk being misdirected and investments may fail to reach the areas of highest need.

The News Agency of Nigeria reports that Food and Agriculture of the United Nations (FAO) in collaboration with the Federal Ministry of Agriculture and Food Security, National Bureau of Statistics and the World Bank launched “Disseminating the National Agricultural Sample Survey NASS the 2023 report”.

He stated that the National Agricultural Sample Survey provides reliable, sector-wide data that helps the agriculture sector track production, understand emerging trends, and guide policy decisions.

Kyari added that the launch and dissemination of the National Agricultural Sample Survey 2023 represents an important step in ensuring that our national choices are informed, targeted, and grounded firmly in evidence.

“This report therefore represents more than statistical outputs; it reflects our commitment to transparency, disciplined planning, and the sustainable development of Nigeria’s agricultural sector.

“The findings of the National Agricultural Sample Survey 2023 present a clear and compelling picture of national production.

“The data we are presenting today is central to that mandate because it gives us the precision required to target interventions, close gaps, and drive the reforms needed to secure our nation’s food system.

“These data points also remind us that every figure reflects real activity across the country, from production to processing to marketing.

“With these digital foundations in place, insights from the NASS move from static data to operational intelligence, enabling a more transparent, efficient and connected agricultural system,” the Minister said.

The Director-General FAO representative in Nigeria, Dr. Hussein Gadain, said the NASS 2023 Report is not just a presentation of data but a celebration of collaboration, commitment, and progress towards building a stronger, more resilient agricultural sector in Nigeria.

Similarly, Adeyemi Adeniran Statistician General of National Bureau of Statistics (NBS) said that the NASS Report 2023 provides critical information on crop production, livestock, aquaculture, labour amongst all.

Adeniran who was represented by David Babalola an official of NBS said that data is essential for shaping effective policies and driving sustainable growth.

According to him, the survey also reaffirms the national bioscience commitment to upholding global best practices in data production through improved methodologies, enhanced field operations, rigorous quality data assurance processes and development of modern digital tools, in Nigeria.

Henry Karshima, Assistant Chief Forest Officer in the Ministry of Environment said that the role of agriculture cannot be overemphasised in food security especially with the launch of the survey.

Mr Abdulhameed Umar National Project Coordinator for Agro-Climatic Resilience in Semi-Arid Landscapes expressed satisfaction with the project in the line of restoring land degradation through data collection.

On his part, Asad Alam, the Senior Economist and Project leader 50×2030 Initiative World Bank Nigeria Development Data Group, Economic Division commended the initiative of making data a priority in agricultural activities to ensure food security.

Continue Reading

Advertisement

Read Our ePaper

Top Stories

NEWS18 hours ago

Street Named After Business Mogul, Sam Maduka Onyishi Unveiled in Asokoro

ShareBy David Torough, Abuja Authorities in the Federal Capital Territory on Saturday honoured renowned entrepreneur and philanthropist, Chief Dr. Sam...

NEWS1 day ago

Experts Task Government on Increase in Domestic Funding

ShareBy Laide Akinboade, Abuja Experts in the health sector, at the weekend agreed that even though foreign grants and aid...

Entertainment/Arts/Culture2 days ago

BBNaija’s Queen Mercy Confirms crash of Her One-year Marriage

ShareBig Brother Naija reality show star, Queen Mercy Atang, has finally confirmed the crash of her one-year marriage. The single...

POLITICS2 days ago

Obi, TCM Condemn Tinubu’s Distribution of Vehicles to Renewed Hope Ambassadors

ShareBy Mike Odiakose Abuja Presidential Candidate of the Labour Party, Peter Obi and a socio-political organisation, The Collective Movement (TCM),...

NEWS2 days ago

Bayelsa Urges NDDC to Complete Abandoned Akenfa Bridge Project

ShareFrom Mike Tayese, Yenagoa The Bayelsa State Government has called on the Niger Delta Development Commission (NDDC) to resume and...

NEWS2 days ago

Road Accident Claims Six Lives in Kogi

ShareFrom Joseph Amedu, Lokoja The Kogi State Government has expressed sadness over a tragic accident involving a bus conveying some...

NEWS2 days ago

Adebayo at 53 Young Enough to Lead Nigeria – Ighodalo

ShareBy Mike Odiakose, Abuja Pastor in charge of Trinity House, a non-denominational, Christian fellowship centre and founder, African Leadership Group...

NEWS2 days ago

Four Dies as Bandits Launches Attack in Kogi Community

ShareFrom Joseph Amedu, Lokoja Four persons were reportedly dead on Wednesday when suspected bandits launched an attack on Irunda Ile...

POLITICS2 days ago

Musa Takes Oath, Vows United Front against Insecurity

ShareBy David Torough, Abuja President Bola Tinubu yesterday swore in former Chief of Defense Staff, General Christopher Musa (rtd), as...

NEWS2 days ago

OPay Secures Double Honors at Tech Innovation Awards

ShareIn a major recognition of its innovation and security leadership, OPay, Nigeria’s premier financial technology company, has been named Fintech...