General News
Customs, Others Hindering Cashless Policy – Chukwu

Osita Chukwu, national chairman, Save Nigeria Freight Forwarders Importers and Exporter Coalition (SNFFIEC) speaks about the economic losses and maladministration in the ports.
According to him, some elements have continued to sabotage the Federal Government’s ports reform processes.
He spoke to peter ugwu.
On Recent Developments in the Ports
After the visit of Dr. Ngozi Okonjo-Iwuala, minister of Finance and the Presidential Ports Reforms Committee, we had some calm in the ports. However, it is sad to state now that the situations are slipping down again.
Most of the things we pointed out then are yet to be attended to.
We want to seize this opportunity to call again on the Minister to compel the Customs and other constitutionally approved agencies operating in the port to abide by the fundamentals of ports operations, because it sounds ridiculous that when the Federal Government puts down an order only for a ministry, parastatals or agencies under it go contrary to that. Some people even dabble into functions of the presidency when they have not been called upon to do so.
If such gambling persists, the Save Nigeria Freight Forwarders Importers and Exporters Coalition (SNFFIEC) will not hesitate to embark on nationwide strike.
Cashless Policy and Nigeria Ports system
Before that, I want to point out that last time we had a town-hall meeting, we were promised by the Federal Ministry of Finance that the presidency will no longer condone any interference of multiple examinations, multiple chase by Customs, illegal collections, bribery and corruption within and outside the ports.
Even with the cashless economic policy people still carry cash running over N10 million while entering Nigeria ports for clearing activities.
Cash flows in Nigerian Ports.
And it takes face to face chat for bribery, corruption and atrocities committed during these venture to be established. Are we really ready for economic development? And there is a kind of preferential treatment on way operators handle issue of cargo checks. The Controller General of Customs should move swiftly to curtail such economic sabotage and obnoxious actions met against agents in our ports.
Reforms
Even with the concession and ports reform programme, the way things are one could fear that Customs is getting tired of pursuing its statutory duties; meanwhile, SNFFIEC thinks there is nothing wrong for us to imbibe ports management system in other countries where revenue generation is typically handled by the private entities.
For instance, it’s private companies that manage America’s revenue generation through ports systems. The main job of customs is supervision of documents.
So, when government wants to hide under the umbrella of Ports Concession, have they been able to alter Customs Law, which should place every duty collection under Custom’s purview.
Now, if you go to various terminals it is very glaring that things are yet to brazen up in the right direction, so we need immediate changes. There are still little foxes that spoil our economic vines.
Excess Charges
Another area we disagree with the authority is that when you have notified them about a particular cargo coming into the country, due to one challenge or the other they direct the cargo to another port, now the problem is that they will expect me to pay for the extra movement. I don’t think I should be the one to do that, because you are even delaying to render a service I had paid for. It implies system failure.
While vessels are waiting at the mainstream importers and freight forwarders are being billed. Why? The last meeting we had with the Nigerian Institute of Shipping (NIS), and the Nigerian Shippers Council (NSC) it was agreed that any vessel that someone must have stuck an agreement with the operator, you must be ready to pay if you were not able to discharge such cargo as predetermined by the consignee.
The earlier we identify those who do not want the nation’s economy to grow, the better for us, because I don’t see the rational behind a demand for container deposit of N450, 000 like we witness in the ports now.
Regulating Ports Operations
Although, I am commending the economic team, including the presidential committee on ports reform, Federal Ministry of Transport who collaborated with the Lagos State Government by using taskforce to dislodge trucks that block the Apapa-Oshodi Expressway, at the same time, I want to say that they still have much work left in their plates.
Because if you don’t create enough enabling environment to enable the stakeholders – shipping companies, clearing agents, terminal operators, etc to execute their functions, the system will remain stagnant.
The link road within and out-sketches of the ports are nothing to write home about. Containers brought in from oversea, and paid the necessary taxes, hoping to recoup his investment, only for it to crash at the ports gate leading to the market. We have resolved not to continue this way.
Let’s call a spade by its name.
We know that in the ports of Maryland, Jersey, Baltimore, UK, Cape Ports or Durban you can never see government agency not meant to be at the port loitering about around ports corridors unless invited.
Even the presidency has issued order to that effect, but who will ensure compliance; approach customs on that and they will paint pictures of perfect systems for you. Police presence ought to be for the maintenance of law and order and not to be part of examinations and at the end containers are being turned-back without genuine reasons.
Even with much hypes that our borders are porous, yet the Police, SSS are inside the ports chasing already cleared containers. Yet, government is claiming to have perfected the system.
What are the duties of the SSS and police in the ports that Customs and the Immigration can not do? Regrettably, the Federal Operations Unite (FoU) of the customs mandated by the government to leave Lagos metropolis to man the borders, are not complying with the directive.
Terminal Operators
People are being pushed to the wall. We know that the long consequence of frustrations people are being subjected to leads to revolutions and quasi-civil war going in different countries. In as much as we pray that does not happen in Nigeria, it is better that those in authority do the right thing.
Presently, the terminal operators have embarked on giving unnecessary (double) charges. Some things you hear of Terminal Handling Charges (THC) and other acronyms that mesmerize you.
The THC is it for the machine to bring down the container that one container costs as much as N75, 000? Seven percent surcharge (7%) is meant for port maintenance and development.
Federal Government has not told us how the fund is used that we have the ports in deplorable conditions.
Even with the concession programme, we are still the way we were. The ports seemed better managed in terms of charges in the day of NPA. We need total overhauling in the system.
Auction Base
Having auction base at different place in the country will help contain economic wastes perpetuated in our ports.
For instance, during physical examination; which we feel is better, when Customs impound a container containing excess goods than what was declared, they normally seize such containers.
Although we have advocated that Customs should charge penalties on the spill over instead of seizing everything.
However, during auctioning everybody is left in the dark.
Therefore, there should be an auction base with screens to display commodities before and during the process. We still have a long way to go in or ports reform, and until government starts asking the right people questions, we nation’s port will continue to groan.
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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