Nigerian Shippers Council Urges Northeast Stakeholders to Embrace Inland Dry Ports to Enhance Trade, Investment

Segun Awofadeji in Bauchi

The Nigeria Shippers’ Council (NSC) has enjoined stakeholders in the North-East sub region to embrace the development and utilization of Inland Dry Ports (IDPs) towards enhancing trade as well as boost exportation of Nigerian content.

This is as the council again reiterated its commitment towards protecting exporters and importers in the country as well as their goods.

The Executive Secretary/ CEO of the Council, Dr. Akutah Pius Ukeyima, who was speaking during an interactive session with stakeholders in Bauchi yesterday emphasised the strategic importance of IDPs in decongesting the nation’s seaports and boosting Nigeria’s competitiveness on the global stage.

Akutah expressed satisfaction over the region’s input to exportation which according to him, is one of the present administration’s goals to boost the nation’s resources through blue-economy.  He said IDPs would improve trade facilitation, enhance logistics efficiency, and ease the conduct of international trade.

According to him, “The establishment of IDPs across Adamawa, Bauchi, Borno, Gombe, Taraba, and Yobe will not only enhance logistics networks but also support job creation and make international trade more accessible to shippers in the region.”

He commended Bauchi and Borno States for their significant commitment to the IDP projects, and urged other states in the North-East to follow suit.

The Executive Secretary added that the Council remained committed to supporting the dry port initiative as part of the Federal Government’s Renewed Hope Agenda under President Bola Ahmed Tinubu.

The NSC, he said, plays a key role in promoting fair trade practices, ensuring efficient port services, monitoring compliance with regulations, and mediating in trade-related disputes  all of which are crucial to achieving a seamless trade environment.

He said that he has heard so much about the development of inland dry ports in the region, saying that Bauchi State has been working on the inland dry port over the years. “If I’m not mistaken, the approval was given during President Obasanjo’s presidency, and then it has been there.

“About 70% work done on the initial stages. We are gearing towards getting to the point where the implementation committee can be set up, and then we’ll begin to go into that phase.

Borno State also is working towards developing an inland dry port. And the governor of the state graciously paid us a visit in our office in Lagos. One of about three governors that has ever visited the Council in Lagos.

“The development of an inland dry port, I see competition rising up. Gombe State also talked about inland dry ports. So, I see a competition swelling up here. Well, it’s not the first time. We also have three inland dry ports in the Northwest. We have in Kano, in Kaduna, and in Katsina. Maybe we are going to repeat that in the Northeast. Well, there’s nothing wrong with that,” he said.

Akutah said that it is crucial to put critical infrastructure in place to attract import and export activities where countries like Niger, Cameroon and Chad can benefit via North East Nigeria.

The Council boss said the demand for inland dry ports in the North-East is coming at a time that Nigeria has signed into AfCFTA. “By joining that, automatically, we have joined a full package of 1.3 billion people. Our major advantage has been the most populous black nation on Earth.

In his remarks, Mr. Nanbol Nanle, Acting Zonal Director of NSC in the North-East, encouraged stakeholders to engage with the Zonal office for information and support.

He noted that regular seminars and meetings would be hosted to strengthen stakeholder engagement.

Also speaking, the Bauchi State Commissioner for Commerce and Industries, Mr. Mohammed Salis, revealed that the state has already achieved 70 percent progress in the establishment of its Inland Dry Port.

He called for greater regional integration, and urged other states to align with federal efforts for holistic development.

Shippers from Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe expressed their challenges and urged the Council to proffer solution to encourage shipping businesses across the region.

Bauchi State commissioner for Works and Transport, Engr. Titus Saul Ketkuka was also in attendance as well as stakeholders in commerce and industry.

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    Report Any Suspected Illegal Investment Scheme to Us, SEC Urges Nigerians

    Report Any Suspected Illegal Investment Scheme to Us, SEC Urges Nigerians

    Ndubuisi Francis in Abuja 

    The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action.

    The commission said this in a notice issued on Thursday to the investing public with a warning that ponzi investment schemes posed great danger to the growth of the capital market.

    In its latest advisory, coming against the backdrop of the CBEX saga, SEC warned the public about the growing threats and risks posed by Ponzi schemes, illegal investment operations, and unregistered digital assets platforms.

    It explained that fraudulent entities and individuals have continued to exploit unsuspecting investors through deceptive promises of high returns, often leveraging the allure of digital assets to create an erroneous perception of legitimacy.

    “The public is strongly advised to be wary of investment opportunities that promise guaranteed or unusually high returns with little or no risk.

    “These include unregistered platforms offering cryptocurrency investments, forex trading, or blockchain-based schemes, without subjecting themselves to the prescribed processes for obtaining the prior approval of the SEC.

    “The SEC reiterates in this regard that ‘If it sounds too good to be true, it likely is’,” it stated.

    The commission urged potential investors to conduct thorough due diligence before investing and should verify the registration status of the company or individual offering the investment through the SEC’s website.

    The SEC explained that Section 196 (3) of the Investments and Securities Act, 2025 criminalises the promotion and operation of prohibited/unregistered schemes.

    “This violation is punishable upon conviction by a fine of not less than N20m or a prison term of 10 years or both,” the commission warned, adding that it is fully committed to identifying and prosecuting offenders to the full extent of the law.

    “We encourage the public to partner with the SEC to safeguard the integrity of the investment environment in Nigeria by promptly reporting suspected illegal investment schemes to the SEC,” the notice concluded.

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    Ndubuisi Francis in Abuja  The Securities and Exchange Commission (SEC) has urged Nigerians to report any suspected illegal investments scheme to the commission for proper investigation and necessary action. The

    Airlines Continue Flight Operations Despite Strike by NIMET

    Airlines Continue Flight Operations Despite Strike by NIMET

    Chinedu Eze

    Some domestic airlines have continued flight operations despite the strike embarked by the workers of the Nigeria Meteorological Agency (NIMET), which is the agency that provides weather reports to airlines.

    Domestic airlines including Ibom Air, United Nigeria Airlines, Aero Contractors, Arik Air have continued to operate but on Thursday, Air Peace announced that it would suspend flight service due to the strike by NIMET.

    However, THISDAY gathered that apart from domestic airlines, foreign airlines are also operating into Nigeria, as indicated by flight radar, which captures all aircraft operating in the airspace globally) on Thursday morning.

    Flight radar showed aircraft flying in Nigeria airspace, including flights en-route Lagos, Kano and Port Harcourt, both domestic and aircraft operated by international carriers.

    United Nigeria Airlines on Wednesday announced that it was not shutting down operations and expressed its unwavering commitment to “ensuring the safety, comfort, and confidence of its passengers during this period of uncertainty.”

    THISDAY spoke to an operator who is also a pilot and he said that weather report from NIMET is advisory; that airlines have other sources of information on weather conditions in the airspace, disclosing that he has weather station, which provides him all the needed information. He said that as a pilot, he refers to NIMET weather report for comparison.

    He also noted that it was at the discretion of the pilot to decide whether to fly or not to fly in reception of weather report because the size of the aircraft, the ability of the aircraft determine whether a pilot should fly in any weather condition.

    “A pilot may decide to request for special VFR (Visual Flight Rule) if he feels that he can fly despite inclement weather report. That is why the weather report from NIMET is advisory,” he said.

    Speaking in the same vein, the Managing Director of Aero Contractors, Captain Ado Sanusi, told THISDAY that the airline was operating, noting that international airlines were also coming to Nigeria and landing, so also are domestic airlines, adding that no pilot can take-off without getting the basic information to ensure that there is no hazard in the fight.

    “International airlines are coming and we are operating. We have en-route radar and we know what the weather is en-route. Every pilot must have that. So, what we need is destination weather but we can also get that from PIREP (Pilot Report). Pilots are trained to read weather; to know wind direction and speed and ground temperature. So, we are flying and international airlines are also coming,” he said.

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    Chinedu Eze Some domestic airlines have continued flight operations despite the strike embarked by the workers of the Nigeria Meteorological Agency (NIMET), which is the agency that provides weather reports

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