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Local Courier Firms Rejig, Fear Brexit Will Hurt Business

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Indigenous courier operators in Nigeria are rethinking strategies in anticipation of situations that might be created by the recent British (Brexit) decision to exit from the European Union (EU).

According to economic analysts, the Great Britain’s a courier hub, and the latest decision creates unpleasant business atmosphere for the industry, although Paris is tipped to serve as alternative.

In a chat with Nigeria CommunicationsWeek, Omolara Okuneye-Oyeyemi, vice president, Association of Nigeria Courier Operators (ANCO), said that knowing that London ‘was’ the hub for the European Nations deliveries before the exit, the current situation may warrant a change in policy, while the operators will need to re-strategize.

She said, “Yes, the countries remaining in the Union (EU) will definitely have to shift the hub to another ‘central location’ that may serve them with very fair economic benefits. We all know London is closest to Nigeria in terms of time, distance and cost; any other country may become more expensive and that definitely affect profits. Every businessman is in business to maximise profit at little cost and barest risks.

“Nigeria has enjoyed relationship with Britain since the colonisation days. Shifting to any other European country will mean a ‘begin again’ of sort leading to new policy adoption, new business contacts and/or relationships.

According to Okuneye-Oyeyemi who is also the MD/CEO of PTL Courier, “to build new business relationship, now that Nigeria is just about getting out of the ‘mud, few politicians had thrown us, may be pretty difficult if not impossible. Though looking to the brighter side of life, it can happen. If we won’t mind the slow pace it may make”.

Captain John Okakpu, MD/CEO of ABX World while supporting Okuneye-Oyeyemi said that Brexit would definitely be problematic for the courier networks in the short run, with UK’s to receive the major economic shock.

Capt. Okakpu added that, leaving the EU, though the ‘people’s choice’, but was never the best option for the UK, as “Apart from some politicians who wanted ‘out of EU’, almost every economic and other political analysts warned them not to leave. Now, talking about courier business, UK is the hub in Europe, but with the exit, it is going to create another hub, possibly in Paris (France).

“You can imagine what UK will forgo in terms of Tax and Duties, Customs forms and a whole host of other minor advantages. Brexit might seem palatable now, but by the time the indices begin to show they might even want to join again”.


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Senate Gives Tinubu Nod to Borrow Fresh $6Bn

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

Senate Gives Tinubu Nod to Borrow Fresh $6Bn

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.


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FG Earmarks $2Bn to Launch 2 Satellites in 2028, 2029

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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.

FG Earmarks $2Bn to Launch 2 Satellites in 2028, 2029

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.

 


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FG Launches CLHEEAN to Streamline Access to Government Services

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

FG Launches CLHEEAN to Streamline Access to Government Services

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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