General News
Experts in the Supply Chain Discuss Industry Issues and Solutions

In line with its commitment to build an efficient supply chain in African markets, Africa’s fastest growing logistics company, 8BM Freight System joined industry experts to discuss the industry’s challenges and solutions at a conference titled “Supply Chain Infrastructure in Nigeria: Challenges and the Way Forward.”

The insightful conference which had in attendance Hio Sola-Usidame, CEO of Oneport 365, Ayo Olunuga, former CEO of Warenet, Zanau Hassan, MD of Farmfields Agro-Allied Services, and Kamal Raji, Managing Director of AFEX. Tobi Badmus, CEO of 8BM Freight System welcomed the audience and thanked each speaker for their availability for the event; he also provided a brief overview of the importance of the discussion.
He discussed some of the issues confronting the supply chain industry. In his words, “I appreciate all attendees of this event and especially, the speakers for accepting the invitation. 8BM Freight System is delighted to be a part of the industry growth process. We have identified a gap in the industry, which necessitate our collaboration to dissect the challenges and proffer lasting solutions.
“I am also pleased that the speakers are thinking in this way, bridging the industry gap, and finding solutions to the industry’s current challenges. I believe with the contributions of today’s industry experts; we will be able to make reasonable decisions that will contribute to the growth of the sector.”
According to the speakers at the event, majority of cargos in Nigeria are transported by road, resulting in a high rate of challenges for the supply chain industry. They discussed some of the challenges, such as high transportation costs, insecurity, poor logistics management, insufficient experienced personnel, a poor road network, poor infrastructure, port congestion, and so on.
Tobi further proffered solutions to curb the challenges facing the industry. He said: “Visibility, transparency, traceability, and a method to manage inflation are some of the solutions that I believe are necessary and that we can work towards to help the sector develop. I also believe that with blockchain and technology, all of this is possible, and 8BM is working to solve these issues.”
Sharing their extensive knowledge and experience in the industry, the speakers agreed that the best way these challenges can be tackled is by digitalizing the freight system. By making use of artificial intelligence and machine learning, it will help in optimization of the supply chain. Also, the Blockchain application is a promising technology to proffering lasting solutions to the challenges in the industry by reducing the challenges by 45%.
Nigeria is a business-driven economy, and commerce is impossible without a supply chain. As a result, the government has a role to play in relieving the country’s supply chain pressures.
In conclusion, as suggested by the speakers, the government can help by increasing port access, providing alternatives to road transportation (such as improving the rail system), putting institutions and policies in place to alleviate problems, and creating a calm environment for investors.
8BM Freight System is committed filling the industry gap by to using technology to improve the sector by streamlining logistical framework.
General News
Senate Gives Tinubu Nod to Borrow Fresh $6Bn

Senate on Tuesday approved the fresh $6 billion loan request forwarded to the lawmakers by President Bola Tinubu.

Lawmakers approved the fresh loan on the same date the request letter was read by Godswill Akpabio, senate president.
The Senate approved the loans following the presentation and consideration of the report by Senator Aliyu Wamakko, chairman, Senate Committee on Local and Foreign Debts.
President Tinubu had written to the Senate seeking approval to borrow a total of $6 billion to finance key government projects and address budgetary gaps.
The requests were contained in two separate letters addressed to Godswill Akpabio, president of the Senate, and read during Tuesday’s plenary.
In the first letter, the President requested approval to obtain a $5 billion loan from Abu Dhabi Bank.
According to the President, the facility will be used to cover the nation’s budget deficit and support debt financing, among other fiscal obligations.
The request forms part of the Federal Government’s efforts to stabilise public finances and sustain ongoing government programmes.
In a separate communication, Tinubu also sought approval to secure a $1 billion UK Export Finance loan facility from London Citi Bank.
The loan is intended for the rehabilitation of key port infrastructure, including the Lagos Port Complex and Tin Can Island Port.
The President said the project aims to address critical infrastructure deficiencies in the country’s maritime sector
According to him, the rehabilitation will help improve efficiency, enhance safety standards, and support Nigeria’s efforts to diversify its economy beyond oil.
He added that the initiative would also strengthen Nigeria’s position as a regional trade hub.
Both requests have now been considered and approved by the Upper Legislative Chamber.
General News
FG Earmarks $2Bn to Launch 2 Satellites in 2028, 2029

Federal government has fixed 2028 and 2029 for the launch of two communication satellites, NIGCOMSAT-2A and NIGCOMSAT-2B, as part of efforts to strengthen security and expand digital connectivity.

The government will be committing over $22 billion on the ambitious space-led growth agenda focused on new satellite launches, increased industry revenue and expanded broadband access in underserved communities.
At the opening of the 2026 Nigerian Satellite Week in Abuja, Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, confirmed the government’s approval for the acquisition of two new satellites—NigComSat 2A and 2B, describing the move as a “defining commitment” to national development, digital sovereignty and economic competitiveness.
Also, Mrs Jane Nkechi Egerton-Idehen, managing director of Nigerian Communications Satellite Limited (NigComSat), noted that the projects have moved beyond procurement to the execution stage.
She said the satellites are designed to enhance intelligence gathering, surveillance, and connectivity across Nigeria and neighbouring countries, particularly in support of security operations.
“For 2A and 2B, we have started the process. We have closed the tender and are now back into the financing and implementation stage. 2A is built to come up in 2028, and 2B for 2029.
“When they are up and running, they are expected to provide security within the borders and neighbouring countries. They will support the security agencies because data collection and intelligence in real time is important. Satellites like communication satellites allow that, irrespective of where they are,” she said.
On his part, Tijani, said the satellite programme forms part of a broader government strategy to deepen digital infrastructure nationwide.
According to him, the initiative complements ongoing investments in fibre-optic expansion and telecommunications infrastructure, while extending connectivity beyond Nigeria’s borders.
“The President’s approval of NIGCOMSAT-2A and 2B demonstrates a clear commitment to building the future. These satellites will enhance security, connect remote communities, and extend our fibre-optic network into neighbouring countries.
“Some of these neighbouring countries pay up to ten times more for internet capacity than Lagos. Extending our fibre network will not only improve connectivity but also enhance border security and regional collaboration.
“Satellite technology affects everything, from how a child in a rural community accesses the internet to how farmers make critical decisions and how businesses operate across distance,” he said.
General News
FG Launches CLHEEAN to Streamline Access to Government Services

Federal government has announced the launch of CLHEEAN, an artificial intelligence-powered mobile application designed to improve interactions between citizens and public institutions.

It is also a civic education and community engagement app.
Developed under the National Orientation Agency (NOA), the platform functions as a virtual assistant accessible via mobile devices.
It allows users to access information on public policies, ask questions, and interact directly with government services.
The app includes features such as instant messaging, voice recognition, and multilingual support, including several local languages, to reach a wider audience.
With CLHEEAN, users can also submit feedback, report concerns, and take part in discussions on public policies. The approach is intended to strengthen citizen participation and improve communication between the government and the public.
Lanre Issa-Onilu, director general of the NOA, said the initiative addresses a long-standing gap between citizens seeking to be heard and systems that do not always respond effectively, adding that the platform marks a step toward closing that gap.
The launch comes as Nigeria continues to face challenges in citizen engagement and the dissemination of public information.
By leveraging artificial intelligence, authorities aim to make public services more accessible while improving transparency and responsiveness.
The initiative also reflects a broader trend across Africa, where governments are increasingly exploring the use of AI to modernize public services and strengthen ties with citizens.
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