Author: Mujeedat

The Nigeria Customs Service (NCS) Federal Operations Unit Zone ‘A’ (FOU ‘A’), Ikeja-Lagos, has intercepted 220 consignments of prohibited and smuggled goods valued at N3,237,132,640.00 in Duty Paid Value, while clawing back N728,976,725.03. The operation, anchored on sharpened risk profiling, rigorous compliance checks, and targeted strikes against suspicious declarations, underscores the Unit’s unrelenting commitment to protecting local industries, securing government revenue, and keeping Nigeria’s trade corridors free of contraband. The seizures recorded during the period include 4,956 bags of foreign parboiled rice weighing 50kg each, equivalent to eight trailer loads; 12 foreign-used vehicles; 2,683 parcels of synthetic cannabis…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is working with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to address crude supply challenges affecting local refineries as Nigeria’s installed refining capacity rises to about 1.125 million barrels per day. Speaking in Lagos at the 49th annual conference of the Society of Petroleum Engineers Nigeria Council, NMDPRA Director-General Rabiu Umar said the two regulators would engage in discussions aimed at resolving difficulties surrounding the supply of crude to domestic processors. Umar said the Federal Government wants Nigeria to end the cycle of exporting crude oil while importing refined…

President Bola Ahmed Tinubu has welcomed Nigeria’s formal admission as the newest National Member Committee of the World Energy Council (WEC), describing the development as a major endorsement of the country’s energy reforms and its growing leadership role in Africa. Nigeria’s membership gives the country a stronger platform within the WEC’s global network to contribute to discussions on energy security, affordability, equity and sustainability. The council brings together energy stakeholders from more than 100 countries. The President congratulated the pioneer leadership of WEC Nigeria, led by Abdulrazaq Isa as Chairman and Bala Wunti as Chief Executive Officer. He…

The National Youth Service Corps (NYSC) has postponed the start of the 2026 Batch ‘B’ Stream II Orientation Course for prospective corps members posted to Sokoto and Niger states. The adjustment is due to ongoing renovation work at the two orientation camps being carried out by the respective state governments. Under the revised schedule, the orientation programme will begin on Wednesday, 12 August 2026. The cut-off and swearing-in ceremony will take place on Friday, 14 August, while the closing ceremony is scheduled for Tuesday, 1 September 2026. The NYSC urged all prospective corps members to plan their…

Former Ekiti State Governor Ayo Fayose has assumed office as Chairman of the Governing Board of the Rural Electrification Agency (REA), promising to mobilise the political support and funding needed to expand electricity access in underserved communities. Minister of Power Joseph Tegbe inaugurated Fayose and other members of the governing board in Abuja on Friday. Alhaji Ahmadu Abubakar, Ilyasu Makinta and three other members and non-executive directors were also inaugurated, while Abba Aliyu formally took office as the agency’s Managing Director. Fayose thanked President Bola Ahmed Tinubu for the confidence placed in him and the other appointees. He said his…

Aliko Dangote, President and Chief Executive of Dangote Industries Limited, says the group remains confident of achieving its target of generating $100 billion in annual revenue by 2030. Dangote made the disclosure during a visit by senior executives of Goldman Sachs to the company’s integrated refinery, petrochemical and fertiliser complex in Lagos. He said detailed internal projections, based on conservative assumptions, had strengthened management’s belief that the target was attainable. The billionaire businessman added that the projections could support an even more ambitious expansion strategy beyond the group’s current 2030 plan. He said future growth would be driven…

The Nigeria Customs Service (NCS) has asked the Senate Committee on Customs, Excise and Tariffs to support changes to the legal framework governing customs administration as the Service moves from manual processes to a technology-driven operating model. Comptroller-General of Customs Bashir Adewale Adeniyi made the request during a capacity-building retreat organised for the committee on 5 August 2026. He said effective legislative oversight requires lawmakers to understand the systems, risks and technologies shaping modern customs operations. Adeniyi explained that although some provisions of the Nigeria Customs Service Act 2023 remain effective, others have become difficult to apply or…

Nigeria is strengthening its position in Africa’s liquefied natural gas market as major producers across the continent push ahead with new projects and expansions. The developments come at a time when the International Energy Agency has reduced its forecast for global gas supply growth, pointing to tighter market conditions over the next few years. Nigeria LNG’s Train 7 project on Bonny Island, Rivers State, is about 90 per cent complete and remains scheduled for commissioning in 2027. The $4.3 billion expansion is expected to raise NLNG’s production capacity by 35 per cent, from 22 million tonnes per annum to…

Nigerian Maritime Administration and Safety Agency, (NIMASA), Director General, Dr. Dayo Mobereola has restated his administration’s commitment to building a global maritime administration that is efficient, transparent in line with the dictates of contemporary realities. Dr. Mobereola stated this while receiving the leadership of the Alumni Association of the Maritime Academy of Nigeria (AMANO), led by its President, Mr. Emmanuel Maiguwa, on a courtesy visit to the Agency’s headquarters in Lagos. Mobereola assured the delegation of the Agency’s commitment to strengthening Nigeria’s maritime industry through sustained reforms, strategic stakeholder collaboration and initiatives that support the policy objectives of…

The Nigeria Customs Service has presented verified facts on the interception of a container conveying concealed parts of pump-action rifles, alongside the seizure of two 40-foot containers laden with cannabis-infused products worth a combined street value of ₦373,802,640, concealed among imported goods at the Tincan Island Port Command. The Comptroller-General of Customs said the operations underscore the Service’s unwavering commitment to protecting Nigeria’s borders from prohibited imports that threaten national security and public health. The seizures include 109 cartons of Delta-8 cannabis-infused pre-roll cookies (8,720 pieces; 17.44kg) valued at ₦308,792,640; 125 cartons of Delta-8 cannabis-infused gummies (740 packs;…