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SAHCOL: BPE Begins Evaluation of Proposals

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The Bureau of Public Enterprises (BPE) said that it will this week commence the evaluation of technical proposals harvested from prospective core investors for the privatisation of Skypower Aviation and Handling Company (SAHCOL).
The deadline for the submission of technical and financial proposals is Friday, May 22, 2009. It would be recalled that the data room for the enterprise which opened on April 6, 2009 was preceded by a pre-bid conference.
Meanwhile, BPE said it attention has been drawn to a story in The Guardian of Friday, May 22, which stated that Swissport International Limited has been chosen as the preferred investor for SAHCOL. The report smacks of mischief as it claims that an on-going process “has been concluded with the Swiss firm said to have won the bid.”
“For the avoidance of doubt, Swissport is not among the 14 bidders who participated in the data room process. Furthermore, the preferred bidder will emerge at the opening of financial bids which is usually broadcast live on national television and radio networks” Chigbo Anichebe, head public affairs of the BPE said
According to him, the Federal Executive Council had on May 23, directed that SAHCOL be released to the BPE for privatisation.  In order to ensure the confidence of all stakeholders, the National Council on Privatisation (NCP) on the 25th of August 2008 approved that the privatisation be jointly carried out by the BPE and the liquidators of Nigeria Airways Limited (NAL).
The Federal Government of Nigeria (FGN) is therefore in the process of divesting 100% controlling shares and management control in SAHCOL and in a few years after take-over, it is expected that 49% will be divested to the Nigerian public under the supervision of BPE.
It would be recalled that at the deadline for expressions of interest by prospective investors, 20 consortia submitted their applications for pre-qualification.  After the evaluation, 17 bidders were pre-qualified for the issuance of bidding documents.  However 14 out of the 17 bidders were able to pay the non-refundable data room fee of US$10,000 and participated in the data room process.
The bidders are: Aviation Handling Partners Limited; ERASKORP Consortium; TAK Continental Limited; Danzas Express Services/Heavyweight Air Express; Industrial Ports Engineering Services; AHS/Menzies/Air Logistic Technical Consortium; Plural Holdings; Sifax Shipping Company; and Pan Express Services. Others are Redstar Consortium; More Associates Limited; D&M Aviation Handling Company Limited; Phoenix Capital Limited; and Dekit Construction Consortium.

 


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LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

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Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts

This was disclosed in a recent notice on Sunday.

LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.

“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:

“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.

Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.


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Anambra Cuts Monday Pay to Kill Sit-at-Home

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Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

Anambra Cuts Monday Pay to Kill Sit-at-Home

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Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.

Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.

Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.


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Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

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As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.

“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.

Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.

To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.

Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.

“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.

He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.


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