General News
NIPOST Revokes 8 Licenses

Following series of petitions and tip off by members of the public, the Courier Regulatory Department (CRD), the regulatory arm of the Nigeria Postal Service (NIPOST), has clamped-down on “Up I Swear God” transport Company, based in Lagos for alleged illegal operations.
According to Dr. Simon Emeje, senior assistant postmaster general of the Federation and head of CRD, the surveillance team of CRD approached the Company owned by one Mr. Lasisi Gbadegesi who resides in Lome, Togo and delivers courier business along the West Coast, and called the Regulator a bluff even after several by enteritis by other operators.
Similarly, NIPOST through CRD revoked licenses of eight (8) courier operators for different reasons.
Emeje said that, CRD recently received a petition against the Company from a supposed customer (name withheld) who lost over N2million worth of goods while transacting courier business with “Up I Swear God”.
Briefing the press immediately after clamping down on the operator’s office, Emeje alleged that, “They deceive innocent Nigerians that they are genuinely licensed to run courier between Lagos, Nigeria and some West African countries like Benin Republic, Togo, Ivory Coast up to Senegal.
“Because they are not licensed, customer’s goods may be tampered with. We have received a letter of petition from a customer who has lost almost two million naira (N2million) worth of goods in this regard. This report sparked the surveillance unit to verifying the mode of operations and eventual clampdown
“When our surveillance team approached them, “Up I Swear God” operators boasted that hence they have Customs permit, no other registration was necessarily. Therefore, they carried on with their businesses. We discovered that the way they operate, no member of the public will have evidence against them, because the receipt they offered you at the commencement of the transaction will be collected when you want to collect your parcel at the destination. This kind of practice is unhealthy for the industry,” he said.
He urged members of the public to be weary of illegal courier operators. According to him, unlicensed courier operators are enemies of the economy and should not be allowed to kill the industry.
CRD also announced the revocation of licenses of eight (8) courier operators for reasons such as non-renewal of operating licenses and unethical practices.
Emeje said that by this revocation, the number of courier operators in the country as at November 2015 is two hundred and sixty-seven (267).
Speaking further, Emeje sought Government’s intervention, especially the 8th National Assembly by way of legislating on Independent Postal Regulatory Authority.
The Bill, the Senior Assistant Postmaster General said, was attempted to be passed by both the 6th and 7th Assembly but failed.
He said that other Bills sent since 2004 alongside the Postal Reform Bill have since received accelerated passage.
“The backing we need from the Federal Government is to legislate on this Bill to give CRD more biting teeth. We cannot allow illegal operators to be cruising while the legal operators are there. So, the best approach is to pass the Bill which the 6th and 7th Assembly attempted to pass. It will inject live and vigour to the system,” he said.
Emeje, however debunked the claims by some operators that the licensing and renewal fees were too much and unachievable by the present economic indices.
To this claim, he said, “No courier firm should make such claim that the fees are too much, because NIPOST has been magnanimous enough to them. For over 12 years, NIPOST was the only Government Agency to maintain the same renewal fee for the operators under its supervision. Both the domestic and international operators paid N250,000.
“When the review was done in done in 2013, the domestic operators were meant to pay N750,00; they complained and the amount was reduced to N500,000. Yet, they felt it was not economically viable for them, NIPOST listened and reduced it to N350,000, per annum. Now, the international operators were supposed to pay N2million, but was reduced to N1.5million. Looking at this, one can agree that NIPOST has been a listening Body. So, nobody is expected to cite the renewal fees as reasons for not doing the needful. How about those that refuse to keep to the industry standards? This industry must be sanitized for the good of everybody.
General News
Techeconomy Announces GrowthX Conference, TiLAwards for 9th Anniversary Celebration

Techeconomy, a leading technology and digital economy publication, will celebrate its ninth anniversary with a one-day conference and awards ceremony aimed at promoting conversations on Nigeria’s digital economy and recognising excellence in innovation and technology leadership.

Techeconomy
The anniversary event, scheduled for Sept. 24 at the Civic Centre, Victoria Island, Lagos, will feature GrowthX by Techeconomy, a conference expected to bring together policymakers, regulators, industry leaders, investors and innovators to examine the future of Nigeria’s digital economy.
The event will also host the Technology Innovation and Leadership Awards (TiLAwards), which will honour organisations and individuals for outstanding contributions to innovation, leadership and digital transformation across various sectors.
According to a statement issued on Thursday by Peter Oluka, Editor of Techeconomy and organiser of the event, said, the anniversary celebration is intended to reflect on Nigeria’s technology journey over the past nine years while fostering dialogue on emerging opportunities and challenges shaping the country’s digital future.
Oluka said the event would provide a platform for stakeholders from the public and private sectors to exchange ideas on technology, innovation, entrepreneurship, digital policy and economic growth.
He added that the conference would feature keynote presentations, panel discussions and networking sessions involving industry experts, government officials, business executives and technology entrepreneurs.
According to him, the TiLAwards will recognise outstanding organisations and individuals whose innovations and leadership have significantly contributed to the growth of Nigeria’s technology and business ecosystem.
As part of activities marking the anniversary, Techeconomy has invited media organisations to partner with the event through news coverage, publicity and participation.
The publication also expressed appreciation to members of the media and industry stakeholders for their support over the past nine years, describing their collaboration as instrumental to its growth and continued coverage of Nigeria’s technology, business and digital economy.
The organisers said details of the conference programme, speakers and partnership opportunities would be unveiled ahead of the event.
General News
ITUC-Africa Faults FG’s Plans to Remove Electricity Subsidy

International Trade Union Confederation, (ITUC-Africa), representing trade unions from countries in Africa, has called on Nigeria and other African governments to ensure that industrialisation translates into improved living standards for workers and ordinary citizens.

According to ITUC-Africa, economic growth must lift Nigerians and other Africans out of poverty rather than deepen inequality, frowning at Nigeria’s government plans to remove subsidy on electricity.
Delivering his opening remarks at the New Energy for Africa 11 Convening: African Workers’ Contributions to Energy Sovereignty, Green Industrialization, and a Common African for COP31, Akhator Joel Odigie, general secretary of ITUC-Africa, said, industrialisation remains central to Nigeria and Africa’s liberation and development agenda but warned that it would be meaningless if it failed to improve the welfare of the continent’s people.
He faulted the plans by the Nigerian government to remove so-called subsidy on electricity in 2027, arguing that it is aimed at satisfying the Bretton Woods institutions such as the International Monetary Fund, IMF, and the World Bank.
According to him, such removal would worsen the poverty rate in Nigeria and regress any marginal progress towards industrialisation. Subsidy removal will make electricity inaccessible to workers and the majority of the citizens.
He said, “As we speak now, Nigeria is talking of subsidy removal on electricity. The plan is not to satisfy or help Nigerians, but IMF, World Bank and other donor countries. The talk that subsidy is bad economics is a lie. All developed economies depended on public sector-driven electricity and not private sector.
“For us as Africans, industrialisation is central to our liberation and development. It is part of our aspiration to define our own identity and achieve shared prosperity through an industrialised Africa. Unfortunately, that vision has yet to be realised.
“We have also come to understand that lamenting our circumstances is not enough. Identifying the barriers to Africa’s development or pointing fingers at those who may be responsible does not move us forward. The more important question is: What next? What solutions can we pursue together?
“It is from that perspective that we confront the reality that more than 600 million Africans still lack access to electricity, while privatisation continues to deny many people affordable access to energy. This compels us to ask: What can we do differently?”
According to him, organised labour believes industrialisation can be achieved without worsening the climate crisis if governments, workers and development partners commit to energy justice.
Odigie noted that “When we speak about sustainable industrialisation, we are asking how Africa can industrialise without increasing environmental degradation or worsening the climate challenges our people already experience every day.
“We know this is possible. But it will require negotiation, compromise and genuine partnerships. It demands serious discussions on technology transfer, skills development and financing.”
He stressed that developing technical skills and mobilising investment for energy infrastructure are essential if Africa is to industrialise sustainably, saying “These are not impossible skills to acquire. With the right investment and commitment, Africa can build them. Equally important is access to finance and the resources needed to develop the infrastructure that will support sustainable industrialisation.
“An industrialised Africa has little meaning if it does not improve the lives of our people. Our vision is an Africa where prosperity is shared.
“We must reverse the growing phenomenon of the working poor. We must end the situation where women, children and older persons bear the greatest burden whenever governments attempt to balance national budgets.
“What does prosperity mean if ordinary people cannot enjoy a decent quality of life? A worker who returns home after a long day’s work should be able to switch on a fan during hot weather, watch television, listen to the news and spend meaningful time with family because electricity is available, reliable and affordable.
“If our people cannot enjoy these basic necessities, then what kind of prosperity are we really talking about?
“Energy justice means energy that is accessible, affordable and capable of improving people’s lives.”
Odigie also renewed ITUC-Africa’s campaign for stronger public participation in Africa’s energy sector, citing Finland as an example of how governments can ensure affordable electricity while working with private investors.
“Recently, we visited Finland, where we observed a successful model that combines public and private participation, with strong public leadership. Energy there is affordable. In fact, electricity costs less in Finland than it does here in Nairobi.
“Our hosts explained that this is possible because the state retains an important role in the energy sector, including the ability to influence pricing to ensure affordability for everyone.”
Ahead of the COP31 climate negotiations, he called for closer collaboration between organised labour and the African Group of Negotiators (AGN), saying trade unions are partners in governance rather than adversaries.
“Trade unions are not antagonistic to governments, even though we are sometimes misunderstood.
“Our responsibility is to strengthen accountability and help governments perform better because, from time to time, leaders can become too comfortable.”
Using a metaphor that drew applause from participants, Odigie likened the role of trade unions to keeping leaders “close to the fire.”
“Our responsibility is to keep the feet of our leaders close to the fire so that their heads do not become too cold. We want them to continue thinking clearly, making sound decisions and remaining connected to the realities faced by ordinary people.
“That is why we are not in opposition. We are not enemies.”
He said organised labour’s partnership with the AGN is intended to ensure African governments enter international climate negotiations with the full backing of workers across the continent.
Speaking, Dr Nana Amoah, chair of the African Group of Negotiators, AGN, said Africa’s energy transition presents both an urgent challenge and a historic opportunity, lamenting that “More than 600 million Africans still lack access to electricity, even though our continent possesses exceptional solar, wind, hydro and geothermal resources. Yet Africa continues to receive only a very small share of global clean-energy investment.”
Represented by Dr George Manful, AGN Senior Advisor, Amoah, said: “This imbalance must be corrected if the transition is to support Africa’s development rather than reproduce existing patterns of dependence, extraction and inequality.
“For the African Group of Negotiators, a just transition cannot be measured solely by installed megawatts, emissions reductions or new electricity connections. It must also be measured by the quality of jobs created, affordability of energy, protection of workers, participation of women and young people, development of local industries, and the capacity of African countries to retain value from their natural resources.
“Initiatives such as Mission 300 must therefore go beyond expanding access. They must strengthen public institutions, mobilise affordable and debt-sensitive finance, support local manufacturing and skills development, and guarantee that no worker, community or vulnerable group is left behind.
“Africa’s critical minerals must similarly become a foundation for green industrialisation—not another chapter of raw-material extraction. Our policies must promote local processing, technology transfer, decent work, environmental integrity and equitable participation in global value chains.”
General News
Many Nigerian Airlines May Collapse within 30 Days – Onyema

Allen Onyema, vice chairman, Airline Operators of Nigeria (AON) and chairman, Air Peace, has warned that several domestic airlines could cease operations within the next 30 days unless the federal government urgently intervenes in the challenges confronting the aviation industry.

Allen Onyema
Onyema, gave the warning on Wednesday at the launch of the book, Pathways, Pilgrimage & Destiny: The Biography of Alhaji Muneer Bankole, held in Lagos.
He described the aviation industry as capital-intensive but less rewarding, warning that airlines are facing serious threats to their survival.
“Going into aviation is not a piece of cake. It is an industry that is not very rewarding. It is capital-intensive, yet less rewarding. Today, we are facing a phase that has existential threats. Except something drastic is done very quickly within the next 30 days, a lot of airlines might go extinct,” Onyema said.
The Air Peace chairman also cautioned aviation unions against their planned picketing of airlines over the non-remittance of the five per cent Ticket Sales Charge.
He warned that if any airline is picketed, other domestic carriers would suspend operations in solidarity.
“If they picket any airline, others will go because there’s no need for that. There is nowhere in the world that government agencies use unions to talk about issues of debt,” he said.
Onyema lamented the harsh operating environment for Nigerian airlines, noting that more than 50 airlines have shut down over the years.
“Everybody pities Nigerian airlines, yet nobody wants to do anything about their situation. Over 50 airlines have come and gone. The owners of these airlines succeeded in other businesses, yet they failed in airline business,” he said.
He stressed that airlines were not opposed to helping the government generate revenue but called for a more sustainable approach.
“The airlines are not against helping government generate revenue. But no airline in the world is taxed directly for revenue. The airlines indirectly provide revenue for government,” Onyema added.
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