General News
Freight Forwarders Seek Participation During Customs Policy Formulation

CRFFN Accredited Freight Forwarding Associations representatives have risen from a crucial meeting with a call on the Nigeria Customs Service to always carry stakeholders along before implementing policies.
Stanley Ezenga, of NAGAFF national publicity secretary, said in a press release on Friday, that the Representatives during the meeting at the Freight Forwarders Village in Lagos deliberated on the new foreign exchange policy and the shutdown of DTIs by the Customs, opined that the two policies if not retracted will do incalculable damage to the economy of Nigeria.
The well attended meeting of the top echelon of the registered Associations frowned at what they termed “impunity of Customs”, and advised the Government’s revenue making agency to be more conscious of its major responsibility which is trade facilitation in whatever they do.
They urged all Government agencies operating at the ports and all border stations to work in harmony and synergy accusing Customs of having disregard for the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) especially with the new shut down of DTIs. The stakeholders reminded the Customs that something seems to be wrong with the policy whereby passwords will be issued to licensed Customs Agents, as this is a clear violation of the CRFFN Act, which says licenses can only be premised on the Freight Forwarders Register, which is domiciled with the CRFFN.
According to the freight forwarders, it is disheartening that while other countries are moving to the highest level of logistics process we are introducing policies that will stunt the growth of the sector. They therefore called on Customs to take into cognizance the impact of their policies on the industry and the economy in general.
Earlier, Founder of NAGAFF, Dr. Boniface Aniebonam, setting the ball rolling, said the two policies recently introduced by the Customs should be viewed from the legal perceptive. Dr.Aniebonam reminded the representatives at the meeting that Nigeria, being a democratic country, we should begin to look at the activities of Governments and theiragencies from a legal perceptive and rule of law.
He therefore urged Government agencies carrying out functions for theGovernment to be conscious of this special privilege conferred on them, and that they are exercising the delegated powers of Mr. President as conferred on him by Section 5(1a) of the 1999 Constitution as amended.
“5. (1) Subject to the provisions of this Constitution, the executive powers of the Federation:
(a) shall be vested in the President and may subject as aforesaid and tothe provisions of any law made by the National Assembly, be exercised by him either directly or through the Vice-President and Ministers of the Government of the Federation or officers in the public service of the Federation; There is therefore the need to exercise restraint in the manner the executive powers of Mr. President is being exercised by most of the Government agencies in Nigeria. We want to appreciate the role Nigeria Shippers Council under the leadership of Barr. Hassan Bello has been playing in resolving the avoidable differences between Government agencies and the people on trade matters.
The statement recalled that the meeting was attended by the Chairmen of the Board of Trustees, Presidents and Secretaries of the National Association of Government Approved Freight Forwarders (NAGAFF), National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), the Association of
Registered Freight Forwarders (AREFF) and Nigeria Association Freight Forwarders and Consolidators.
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General News
World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

World Bank has restricted comments on its Instagram page after thousands of Nigerians flooded the platform begging them to stop lending money to Nigeria.

The protest erupted after reports that President Bola Ahmed Tinubu is seeking a fresh $1.25 billion dollar loan for approval on June 26.
Some Nigerians asked the World Bank to provide more details about the purpose of the loan and how the funds would be managed.
Others said the country should reduce dependence on foreign loans and focus on improving local revenue.
The federal government has continued to defend its borrowing plans.
Officials say the funds will support economic reforms, development projects and efforts to strengthen the economy.
Nigeria remains one of the major borrowers from the World Bank in Africa, with different administrations securing loans over the years for infrastructure, social programmes and economic support.
General News
Lagos Plans New Cybersecurity Centre

The Lagos State Government plans to establish a Cybersecurity Operations Centre to strengthen protection of government systems, digital services and citizen data amid rising cyber threats linked to the city’s expanding digital economy.

Tunbosun Alake, Lagos commissioner for innovation, science and technology, said the centre would help secure the infrastructure supporting online payments, e-government services, cloud platforms and technology-driven business operations across the state.
According to Alake, the facility will monitor, detect and respond to cyber threats targeting government networks, digital transactions and sensitive public data.
The move comes as Lagos accelerates its smart city agenda through investments in broadband infrastructure, digital identity systems and automated public services.
Alake said Lagos had already deployed 109 Data Protection Officers across Ministries, Departments and Agencies, which he described as the highest number among Nigerian states, to strengthen compliance with data protection regulations.
Alongside the proposed cybersecurity centre, the state also launched the Lagos Campus Network Upgrade project aimed at improving digital infrastructure within the public sector.
The upgrade is expected to improve network performance, automate internal government processes and enhance digital engagement with residents. The cybersecurity initiative follows the release of Lagos State’s cybersecurity guidelines in April.
The framework recommends measures including multi-factor authentication, vulnerability testing, encrypted backups and tighter endpoint security controls.
The guidelines align with Nigeria’s Cybercrime Act 2024, the Nigeria Data Protection Act 2023 and the National Cybersecurity Policy and Strategy 2021.
General News
LG Electronics Strengthens Household Energy Efficiency in Nigeria with Advanced Inverter Refrigerator Solutions

LG Electronics (LG) is reinforcing its commitment to smarter and more energy‑efficient living by spotlighting its range of inverter‑powered refrigerators designed to meet the evolving needs of Nigerian households.

As electricity costs continue to rise and inflationary pressures shape consumer spending, LG’s refrigerator portfolio is positioned as a practical solution that combines dependable performance with responsible energy consumption.
Refrigerators are among the most frequently used appliances in Nigerian homes, operating 24 hours a day and accounting for a significant share of household electricity usage. LG addresses this challenge through its proprietary Inverter Compressor technology, which intelligently adjusts cooling power based on actual usage conditions.
By reducing unnecessary energy draw, the system delivers stable temperature control while helping households lower energy consumption and manage monthly utility costs more effectively.
Beyond energy savings, LG refrigerators are designed to support food security and reduce waste, an increasingly important consideration for families navigating rising food prices. The inverter system enables faster cooling recovery after power interruptions and helps maintain consistent internal temperatures, preserving food freshness for longer periods. With fewer friction points in the compressor design, LG refrigerators also offer enhanced durability and long‑term reliability, minimizing maintenance costs over time.
LG’s energy‑saving refrigerator lineup includes Top Mount, Side‑by‑Side, and Door‑in‑Door models, each tailored to different household sizes, storage needs, and lifestyle preferences. The Top Mount refrigerators offer practical, space‑efficient designs ideal for everyday family use, delivering reliable cooling with optimized energy efficiency.
The LG GN-F452PFAQ model keeps food perfectly fresh with FRESH Converter+ that optimizes temperature as per food items and never runs out of ice with the Auto Ice Maker.
For households that require larger storage capacity and improved organization, Side‑by‑Side models provide generous interior space, improved visibility, and consistent cooling across compartments.
For more design‑conscious consumers, LG’s Door‑in‑Door refrigerators reduce cold air loss by allowing quick access to frequently used items, supporting both energy efficiency and long‑lasting freshness.
At the premium end, LG continues to innovate with advanced models such as the MoodUP™ refrigerator, which combines customizable aesthetics with functional energy‑saving features like the InstaView panel, allowing users to view contents without opening the door and reducing unnecessary cold air loss. This refrigerator comes with a washing machine as a bundle promotion.
According to LG, this range‑based approach reflects a deep understanding of how Nigerian households differ in size, consumption habits, and lifestyle needs.
“Nigerian consumers are becoming more intentional about how they use energy and manage household costs,” said Mr. Oktai Kim, General Manager, Home Appliance Solutions, LG Electronics Nigeria. “By offering a diverse range of inverter‑powered refrigerators, we are giving families the flexibility to choose solutions that suit their homes while delivering long‑term value through energy efficiency and dependable performance.”
Rather than focusing on technology alone, LG’s energy‑saving refrigerator portfolio emphasizes everyday benefits, efficient operation, reliable cooling, and designs that adapt to real living conditions. Available nationwide, LG refrigerators continue to support smarter living and economic resilience, reinforcing the company’s commitment to delivering durable, consumer‑focused home solutions for Nigerian households.
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