General News
Perishable Cargo Exporters Loss N100m, Seek Probe of Incidents

Exporters of perishable cargo/vegetable have lost a whooping N100 million due to government’s closure of export warehouses of the Nigerian Aviation Handling Company (NAHCO) and the Skyway Aviation Handling Company (SAHCOL) at the Murtala Muhammed International Airport, Lagos.
The warehouse was shut last week by officials of the Federal Operations Unit of Nigerian Customs Service following a tip off that the bonded facilities housed stolen and prohibited items meant for exportation.
This is just as they have stated that government’s closure of the export sheds at the Murtala Muhammed Airport Lagos is sending wrong signals to the comity of international agro-allied supply chain, which portends grave danger for the economy’s agro-allied produce, if not curtailed.
Speaking to journalists in Lagos, Captain John Okakpu, chief executive officer of ABX World, said the agro-allied exporters numbering over one hundred are worried that such incident is tantamount to economic loss.
He said international off-takers are developing cold-feet with regard to agricultural produce from Nigeria.
Captain Okakpu, who said the exporters lost over N100million worth of goods within 48-hours the export warehouses were shut.
He called on the Federal Government through the various Ministries, Departments and Agencies (MDAs) to urgently commence full-scale investigations into the immediate and remote causes of the warehouses closure to avoid re-occurrence.
He said with government’s focus on agriculture as one of the panaceas to the rising inflation, restrictions in capital flows and depleting forex reserves, agro-allied exporters deserve protection as partners.
The warehouse was re-opened last Wednesday.
He said: “Gentlemen, the truth is, we have made fundamental mistakes in the past as a nation by becoming a mono-economy. But, we cannot continue to lick the wounds. We have to reverse the case and agriculture provides us with a better option to grow. That is why as agro-allied exporters, we are seriously worried over the actions of some government officials, who seem not to underestimate the peculiarities of perishable items for export.
“Shutting down the warehouses was actually an indictment on customs, as they (Customs officials) ought to have carried out surveillance before shutting down all export businesses at the Lagos Airport. If such act is not checkmated in future it will compound issues and create a logjam in the system. Or, do we prefer to ship our cargos to countries like Ghana or Cameroun before we can be shipped to Europe and other markets? Presently, the yam sold in Europe as Ghana yams are actually from Nigeria!
“Go and investigate it! Because we seemingly abandoned our God-given potentials ‘to lick oil’, see how the economy has been battered. We wouldn’t want the issues surrounding brown beans and other agricultural produce from Nigeria, to happen to vegetables and other perishables like ginger, garlic, Nsukka-yellow pepper, among others. That is why we are calling on the Federal Government to urgently investigate the matter and punch who ever are the culprits to serve as deterrent to others. So, as Professor Yemi Osibanjo was inaugurating the new agric road map, those warehouses have been shut. What an irony. Enough is enough!”, he said.
He said any action contradicting Federal Government’s agricultural road map launched by the Vice President, Professor Yemi Osinbajo recently should not be treated with levity.
Supporting Captain Okakpu’s claims, the President, Nigeria Vegetable Exporters Association, Mrs. Oluwatoyin Temitope, said that her company alone lost over N1million worth of cargo within 24-hours of the export shed closure.
She lamented the widespread impact on the Association’s members numbering over 20. She said, “It was a devastating day for us. We work at night so that as early as 6:00am our partner airline Arik Air would ship the vegetables. So, when the news got to us that customs have shut down both NAHCO and SAHCOL export shed my blood pressure shoot up.
“I have been on this business for over 30 years; exporting vegetables to South Africa and London almost every week. Unfortunately, the Customs Service and some other government agencies do not have regard for us. They do not any way intimate us before embarking on any clamp down. They know who are engaging in illegal businesses. Ask them, who cleared the items in the first place! In countries like Uganda and Ghana, vegetable/perishable goods exporters are accorded special attention; why is our different?”
Mrs. Temitope said that the Association members merit to be compensated by the government hence they are legitimately contributing their quota to the development of the economy.
“Most of us do take bank facilities, so when occasions like this occur you can imagine how difficult it becomes for us to meet up with the demands. Aside that, there are other markets offering more conducive environment; the principal reason most exporters now prefer Ghana to Nigeria. Customs have arrogated powers to themselves to the extent armored tanks were sent to the airport in hunt of illegal exporters whereas no items goes out of Nigeria without passing through Customs clearance. In fact, it should be investigated properly, maybe some secret or unknown forces sabotaging the county will be uncovered”, she added.
Also, Veronica Ezigbo, managing director of Kiverlin Foods said that the incident should be thoroughly investigated, citing the impact as a negation of President Muhammadu Buhari’s change mantra.
She said, “The impact is very huge, because we deal on perishable goods. We are ordinary citizens of this country and do not deserve this kind of treatment. Customs officials know the people they are searching for, where and how to catch them. They acted ignorantly, because our line of business is very competitive; if you fail to deliver within few hours the vegetables get damaged too.
“Think of it, our dear country is faced forex challenges. Is it not common sense that exporters should be encouraged? It takes a lot of stress to conduct this business, especially when Government no financial facility for us. We demand that this matter should not be swept under the carpet. If Nigeria will move forward, if we are sincere about agriculture, then, special recognition should be given to exporters like us”.
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General News
PalmPay Deepens Its Long-Term Commitment in Nigeria with New Office @ Yaba

PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria.

The new office represents a continued investment in PalmPay’s people, operations, and infrastructure, supporting the company’s ability to deliver reliable financial services at scale. Designed to accommodate PalmPay’s growing team, the workspace enables closer cross-functional collaboration while strengthening service delivery nationwide. Located in Yaba, one of Lagos’s most established commercial and technology corridors, the office further anchors PalmPay within Nigeria’s innovation and financial ecosystem.
Speaking at the office launch, Managing Director Chika Nwosu highlighted that the new workspace reflects PalmPay’s long-term vision and dedication to excellence. “This new office represents an important step in our growth journey and our commitment to building secure, reliable, and inclusive financial solutions for our users,” he said.
The launch event was attended by PalmPay’s leadership team, employees and customers, who toured the facility and marked the company’s continued growth and progress.
With the opening of its office at 33 Old Yaba Road, PalmPay continues to strengthen its presence in Nigeria and reaffirm its mission to drive financial inclusion through innovative digital solutions.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
General News
NAHCO Signs New Ground Handling Deals

The Nigerian Aviation Handling Company Plc has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions.

In a statement on Tuesday, the company announced the signing of contract renewals with Air France, KLM and Virgin Atlantic, as well as the African operator, RwandAir.
NAHCO also signed fresh contracts with United Nigeria – Regional, Bellagio and Malaikair.
According to the statement, the contracts with Air France and KLM are for three years and will run till 2028, respectively. The duration of the contract with Virgin Atlantic was also put at three years.
The duration for the RwandAir contract is for three years, effective 1 October 2025.
The statement read, “The new contract with United – Regional would be for a period of five years, effective from 1 August 2025. For Bellagio and Malaikair, the contracts are for three and five years, respectively.
“Bellagio Air, Nigeria’s rising star in aviation, is redefining air travel with a blend of luxury, efficiency, and reliability. Headquartered in the vibrant city of Ikeja, Lagos, Bellagio Air is committed to providing world-class service across key domestic and regional routes.”
The Group Executive Director, Commercial and Business Development, NAHCO Plc, Saheed Lasisi, who expressed his delight with the new contracts, said NAHCO is already ready to exceed customers’ expectations.
According to Lasisi, NAHCO’s more than 46 years of unblemished excellent service delivery puts it heads and shoulders above any other service provider in the industry.
“This is what we have been doing for almost half of a century. We will continue to delight our customers and make our stakeholders happy by exceeding expectations in all aspects of our service offerings. We are always willing and ready to do more,” Lasisi added.
The Group Managing Director/Chief Executive Officer, NAHCO Plc, Olumuyiwa Olumekun, added that with the new fleet of equipment the company is deploying, service delivery will only be better.
General News
Nigeria Targets Satellite-to-Mobile Services in Draft Spectrum Roadmap

Nigerian Communications Commission (NCC) has unveiled a forward-looking strategy that places satellite-enabled mobile connectivity at the heart of the country’s drive to bridge its long-standing coverage gaps.

The draft Spectrum Roadmap for the Communications Sector for 2025 to 2030 lays out how satellite technologies could help deliver reliable voice and data services to millions of Nigerians who live beyond the reach of conventional mobile networks.
The direction is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector covering the period.
The proposed approach highlights non-terrestrial networks as a complement to existing mobile infrastructure, especially in areas where terrain, insecurity, or high costs limit the deployment of base stations.
The NCC said D2D satellite technology, which allows standard mobile phones to connect directly to satellites, is gaining traction globally as a means of delivering voice and data services without reliance on ground towers.
According to the regulator, the technology could help close persistent coverage gaps in rural, riverine, and border communities that remain outside the reach of conventional networks.
It also noted that satellite-backed connectivity could improve network reliability by providing alternative links during fibre cuts, power failures, or other disruptions affecting terrestrial systems.
The Commission added that wider adoption of D2D services could support emergency communications, public safety operations, Internet of Things applications, and services such as smart agriculture in underserved regions.
It also pointed to potential investment opportunities through partnerships between mobile network operators and satellite companies, including more efficient use of shared spectrum resources.
Beyond D2D services, the roadmap places emphasis on Low-Earth Orbit satellites to expand broadband access to remote parts of the country.
It also proposes better utilisation of Geostationary Orbit satellites and the exploration of high-altitude platforms, such as stratospheric balloons, to support mobile backhaul and rural connectivity.
The policy signals come shortly after Airtel Africa announced an agreement with SpaceX to introduce Starlink-powered direct-to-cell services in Nigeria.
The NCC’s roadmap is expected to shape future spectrum allocation, licensing decisions, and technology adoption across the telecommunications sector.
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