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Courier Sector is Law Abiding-Oladapo

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Siyanbola Oladapo is secretary general and member of Trustees, Association of Nigeria Courier Operators (Anco). He worked for so many institutions like Thompson Barradell Oil Service Company where he rose to general manager.  He also had experience in the banking industry where he spent over a decade. Oladapo, the managing director/ chief executive office Bowill Errands Courier spoke to emeka okafor on issues in the courier sector.

Direction of the Association in 2009
Last year was a good year and 2009 will be a better year.  We have been able to surmount most of those teething problems we were facing as an association and as courier operators in 2008 and that’s why 2009 will be ushering in good tidings for the industry. We are more charged and we have grown in number now and people are becoming more aware about the association as a place where they can report any case of misdemeanor against any operator. With the public awareness about the association, it has made it easier for us to control the industry in a very good way and that is why I said 2009 will be a better year when those things we have been able to trash out will materialize so much in 2009.
Teething Problems
One of the teething problems included understanding why people had to register with the association. Secondly, you have Nigeria International Air Couriers Association
(Niaca) who did not understand why there should be another body initially. Now we have better understanding and we work hand in hand. We see the problems of the industry as our problems and we meet   regularly to discuss issues. Thirdly, initially people didn’t believe in people regulating them to tell them to do things in a good way.  Those were some the challenges we faced and after that we were able to overcome. People now have confidence in the association; more people are now joining the association. The Courier Regulatory Department (CRD) is supporting us so much .Again, other executive bodies have been able to see us as partner they can talk to against when there was no such body .now they know there is a body recognized by the Federal Government and so those were what I considered as the teething problems but now things are better.
Achievements of Anco in 2008
We will not start blowing our trumpet. I think we will leave it for the public to see what we have been able to achieve. For instance the incidence of dumping which you will not hear the way it was before. Again the CRD has been able to take us along in their training programmes and other matters affecting the industry. The department helped us to reach out to the Securities and Exchange Commission (SEC) and banks and other people that hitherto we didn’t have the opportunity of meeting.  Now with the Courier Consultative Forum (CCF) which is a forum for stakeholders in the courier business, we have been able to express the problems we are facing whether with registrars, companies or anyone and they have come to see us as practitioners and respect better unlike when you go as an individual. Again, we have been able to invite some stakeholders to our meetings. Last year, we were able to meet with National Drug Law Enforcement Agency  (NDLEA) in our effort to sort out issues  concerning trafficking in hard drugs.  We have been able to let them see that our members will not do any unprofessional thing and even any of our members have any problem, he can come to us and we have been able to assist our members very well.  Again, don’t forget that we now have a functional website that you can access from anywhere to about us and get information. We also have a well organized secretariat with staff that carry out activities on our behalf.
For those of us that have problems with the registrar, that is, those that are into bulk mailing, we have been able to see the registrars to let them know why they should be treated like partners in progress. Now, the incidence of dumping and sharp practices has reduced considerably. The two bodies NIACA and Anco last year met with the postmaster general to discuss industry issues, so we have been working closely with regulators..
Courier as High Growth Sector
The word high growth is relative .But because this is an industry where both the skilled and unskilled have a place to work because information is very vital especially in the age of the internet even with all the scams. We had a better economy in 2008 which gave rise  to the movement of information, logistics from one place to the other. We can now clear our goods without much problems and the growth witnessed was because we have been able to organize ourselves better. More so the Courier Regulatory Department (CRD) has not seen the need to hike up the registration fee again that it has allowed more people to come in and contribute to the development of the economy and thereby creating employment opportunities and generating income for the government.  Don’t forget that Nigeria is an import-based economy. People are bringing in goods from everywhere into the country so this has heightened the activities in the industry.
Postal Commission
It is good to do things right. You might rush a regulation or just pass any bill or commission and you will later find out there are problems about it. You want to recall that when Lagos State government with the good intention of Raji Rasaki in trying to make things happen passed the coronal law that when somebody dies you won’t talk about it but other stakeholders kicked against it and the governor recalled it being a listening governor. At the national level, the process of legislation has to pass through various levels. Even with the postal bill, we made our input into the draft document when we saw the contents and discovered there were some aspects of it that we felt would be detrimental to our business. If the draft bill had been passed the way it was it would have affected our business which was not the intention of the government. I can assure you, from what we have seen on ground, the legislation will see the light of the day this year and when it does you will see that we are better off.
Local Government Harassment
 We have been meeting with authorities concerned about this. Governor Fashola has brought a lot of finesse to administration in Lagos State and has tasked local government chairmen to ensure that in their various jurisdictions that things are done within the ambit of the law and he leads by example. We see things getting better in that respect as we now see where to report. You can even visit the governor’s website and send anything to him and say this is where this is happening. You can be too sure he will listen to you. We also now have his commissioners’ phone numbers, local government chairmen and their phone numbers including those of Fashola’s aides for us to contact them any time and explain our problem.  We have tried to invite the Association of Local Government of Nigeria (Algon) chairman here to have a discussion with him but we will keep trying. I think the way Lagos State government is going about it that things will get better this year. The problem with the local governments is that they all want to revenue but they shouldn’t do it the wrong way. What we are asking is for them to give us the list of what courier operators  are expected to  pay  and we will look at it and advise our members  accordingly . We are law abiding citizens. Discussions are still ongoing but I know we will get there. I am optimistic that things will get better this year as the forum we are trying to create will bring a better understanding between us and the local governments.   This is necessary to avoid delay in the movement of goods and services as our business has to do with speed.
Training of Personnel
Training is very relevant in our system. Like I keep saying, there is no school for courier and the only thing we could do is that every body has to learn more as things move faster.  The things you did two years ago may now need new processes. Like a doctor who graduated few years ago and feels he is a medical doctor, he needs to update his knowledge regularly. Every day there are new sicknesses and even old ones are resisting medication, there is need for the medical workers to face these challenges squarely. The same thing applies to courier. We are trying to collaborate with the CRD on training. Training of course is one of the mandatory prerequisites an operator must meet before his license will be renewed. Initially some operators were skeptical about training but after being part of the exercise, they are better informed about the new trends in the industry .so we have been able to achieve much in terms of training especially the new entrants who do not know much about courier.
Bowill Express Courier
The unique thing about the company is in our defined goals . Defined goals in the sense that from day one we had set our targets. We have been adding value from day one. Don’t forget that before most of us came here, we had been successful people in the industry. We went for the best hands in the industry so what we realize is that every body knows what he is expected to do. We all know the rules of the game and know there are some things we must not do no matter the situation. If within one year of operation we are successful, it is because we believe in what we have set out to do. We also beef up any department that needs more hands even as we don’t play with training of personnel.


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CBN Projects Petrol to Hover around N905/Litre this Year

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Central Bank of Nigeria (CBN) has projected that the pump price of petrol would hover around N950 per litre in the year 2026.

CBN Projects Petrol to Hover around N905/Litre this Year

The CBN stated this in its 2026 Macroeconomic Outlook for Nigeria.

In its outlook for the domestic economy, the bank made what it called baseline projections predicated on assumptions like crude oil price at an average of $60 per barrel in the fourth quarter of 2025 and $55 per barrel in 2026 and the Nigerian Foreign Exchange Market exchange rate at an average of N1,451.63/$ in Q4 2025 and N1,400/$ in 2026 (supported by a more efficient foreign exchange market, higher capital inflows, a current account surplus, and a broad-based improvement in economic activity).

The CBN stated that domestic crude oil production is assumed to be at about 1.5 million barrels per day throughout the forecast period, as premium motor spirit is expected to sell around N950, an amount higher than the current pump prices.

“The baseline projections are predicated on the following assumptions: crude oil price at an average of $60/barrel in Q4 2025 and $55/barrel in 2026 (consistent with the US EIA’s outlook that rising global crude oil inventories and supply glut would moderate prices); NFEM exchange rate at an average of N1,451.63/$ in Q4 2025 and N1,400/$ in 2026 (supported by a more efficient FX market, higher capital inflows, a current account surplus, and a broad-based improvement in economic activity).

“Furthermore, domestic crude oil production is assumed at about 1.5 mbpd (excluding condensates) throughout the forecast period. PMS price is expected to hover around N950 per litre in 2026. Government expenditure is projected to follow the 2025-2027 MTEF/FSP path, reflecting an expansionary fiscal stance aimed at supporting the $1tn economy initiative. MPR and CRR are assumed at 27.00 and 45.00 per cent, respectively. The baseline projections were generally supported by the assumption of continued improvement in business optimism and stronger investor sentiment,” the CBN said.

 


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FG to Empower Artisans for Global Value

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The Federal Government has reaffirmed its commitment to grassroots artisans to upgrade local skills to meet both national and international benchmarks and compete in the global markets.

Speaking recently during the Skill-Up Artisans (SUPA) zonal rally, Dr Afiz Ogun, director-general of the Industrial Training Fund (ITF), stated that the initiative is designed to professionalise the sector.

The rally was designed to raise awareness of the programme throughout the North-West region.

The rally saw a diverse turnout of professionals, including those in construction and engineering such as welders, fabricators, plumbers, and carpenters.

Those in the technical service comprised of electrical installers and automobile mechanics, while those in the creative and digital space were fashion designers and ICT technicians.

Represented by Muhammad Aminu, the former zonal director of the ITF, Ogun explained that the SUPA scheme seeks to convert traditional craftsmanship into sustainable livelihoods.

He emphasised that the goal is to transform artisans from job seekers into employers of labour.

“We are calling on artisans across the North-West to embrace the SUPA programme,” Ogun remarked. “This is an opportunity to enhance productivity, increase earnings, and ensure our workforce can compete on a global stage”.

According to the DG, the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda, focusing on restoring dignity to manual and technical work.

He noted that a competent artisan class forms the essential foundation of a productive economy.

He further called upon traditional rulers, community leaders, and trade associations to assist the ITF in disseminating information about the programme to ensure high participation rates.

“We are here to engage the technicians, the tradespeople, and the young talents who serve as the backbone of our economy,” he added.

Nancy Ekong, director of the Technical Vocational Skills Training Department, highlighted the programme’s recent successes. She revealed that over 30,000 artisans were trained and upgraded during the initial SUPA cycle in 2025.

The ITF remains optimistic that the continued expansion of SUPA will bridge the existing skills gap in Nigeria’s industrial sector.

 


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Bill Gates Pays Ex-Wife $8Bn Charity Payout in Divorce Settlement

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American billionaire businessman Bill Gates, has paid $8 billion to his ex-wife, Melinda French Gates’ charity, five years after their split over his affairs with other women.

Bill Gates Pays Ex-Wife $8bn Charity Payout in Divorce Settlement

Bill Gates and Melinda French Gates

Gates made the $7.88 billion donation to Melinda French Gates’ Pivotal Philanthropies Foundation in 2024, The New York Times revealed.

The sum, one of the largest public donations ever recorded, was revealed in a new tax filing, which shows the first specific financial terms of the couple’s high-profile split in 2021.

Melinda resigned from The Bill and Melinda Gates Foundation in May 2024. Despite leaving the charity, she suggested her ex donate $12.5 billion to a new charitable foundation she intended to create.

A representative for Pivotal told the Times the $12.5 billion agreement has been fulfilled, and the nearly $8 billion donation was part of that agreement.

Melinda set up her Pivotal Philanthropies Foundation in 2022, the year after the divorce. At the end of 2023, it had $604 million on hand.

The billionaire pair split after 27 years together in 2021, embarking on what is considered the most expensive divorce settlement in the world. Melinda later received approximately $76 billion in assets.

Months later, details of Gates’ affair with a Microsoft employee were exposed.

The woman penned a letter to the company’s board in 2019, divulging details about the fling which began in 2000 and demanded that his wife, Melinda “read it”.

Microsoft’s board investigated the women’s claims and deemed the relationship “inappropriate”, the Wall Street Journal reported at the time.

Gates suddenly quit the board in March 2020 while the investigation was still in progress – and before the board could make a formal decision on the matter.

Two further bombshell reports were then revealed, alleging Gates had routinely hit on staffers at Microsoft and at the philanthropic foundation he founded alongside his wife.

A separate shocking report claimed that Gates had sought marriage advice from Jeffrey Epstein, with whom he reportedly shared a “close” relationship, having first met the convicted sex offender in 2011.

Gates’ and Epstein’s friendship first came to light in 2019, months after Epstein killed himself in his Manhattan jail cell while awaiting trial on charges of child sex trafficking.

The two men reportedly spent time together on multiple occasions, flying on Epstein’s private jet – dubbed the “Lolita Express” – and attending late-night gatherings at his Manhattan home.


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