FOU Sacks Smugglers

Bayo Bernard With over 13,000 bags of rice imported unto the country by some unscrupulous importers, mostly through undesignated routes daredevil importers seemed bent on sabotaging the economy. One can imagine the damage the influx of the huge quantity bag of rice would have done to the economy if they were allowed to enter into the local market. But the eagle eyed -men and officers of the federal operations Unit, Zone A led by Comptroller Mohammed Uba Garba would never allow that to happen: the assorted bags of rice have…

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Customs: Getting Tougher On Smugglers, Clearing The Mess At The Seaports

By Stephen Ubanna Those  who think that the mass transfer of officers and men of the Nigeria Customs Service, NCS, from one Customs formation to another across the country by Hameed Ali, a retired Colonel and the Comptroller general, to sanitize the process of clearing goods and containing  the activities of smugglers at the seaports, airports and land border stations had  achieved its purpose may have to do a rethink. This is because , nothing appears to have changed  at the seaports or the land border areas as expected. Ali…

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Customs: More Rots And Big Tasks For Hameed Ali

By Stephen Ubanna Those who think that the mass transfer of the officers and men of the Nigeria Customs Service, NCS, from one Customs formation to another across the country by Hameed Ali, a retired Colonel and the Comptroller general would change anything at the seaports, airports and land borders areas have to do a rethink. This is because, noting appears to have changed as it is still business as usual going by the increased rate of smuggling and deals at the seaports and airports. Investigation by the Magazine shows…

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The Maina Saga: Brickbats still on

The Maina saga is a saga that has refused to go away. Recently, the acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, had accused the former pension boss, Abdulrashid Maina, of using his son’s account to Launder money, insisting that N1.7bllion was lodged in he son’s account. Maina has been declared a fugitive since stories started going round that the Bornu state borne civil servant, who has been dismissed by the Goodluck Jonathan administration for corruption, and has been living at Dubai since, was secretly brought…

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Nestle Fined $96, 500 Over Substandard Maggi Noodles

Authorities in northern India have fined Swiss food giant Nestle $96,500 after food inspectors found contamination in samples of its popular Maggi noodles, two years after the controversy first surfaced. Uttar Pradesh state’s Shahjahanpur district fined the Swiss firm 4.5 million rupees and its distributors 1.7 million rupees, taking the total penalty to 6.2 million rupees ($96,500). “Food quality tests on Maggi samples found the product to be substandard.   “The ash content, which includes heavy metals, found in the samples were above permissible limits for human consumption,” district food quality…

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Blame Game

By Stephen Ubanna Officials of the Association of Nigeria Licensed Customs Agents, ANLCA, National Association of Government Approved Freight Forwarders, NAGAFF, and National Association of Managing Directors of Licensed Customs Agents, NAMDLCA, have a big task at  hand: to convince their followers that they had not betrayed them by hobnobbing with officials of APM terminal, the Concessionaire running Apapa port. Agents had accused their leaders at an interactive session organized by Apapa Command on Tuesday, November 28, 2017, during the official visit of Aminu Dahru, an Assistant Comptroller General and…

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Osinbajo’s Shocking Call

By Oji Odu Why should the Federal Government, again, dance to the tunes of operators of the nations power sector to increase electricity tariffs? Why must they continue to see with the operators who have done nothing in the sector but find ways of ripping-off consumers and profiteering, as government continues to either provide them with bailout funds, loans et cetera? Recent call by Vice President, Yemi Osinbajo, to electricity consumers in Nigeria did not come as a surprise to many who have seen the President Muhammadu Buhari administration as…

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SEC: CACOL petitions presidency, EFCC

SEC-Security and Exchange Commission-is under scrutiny due to an ongoing investigation by the Economic and Financial Crimes Commission, EFCC. This followed a Presidential Directive to the commission based on petitions against Mournir Gwazo. Gwazo was accused by a Human Rights group, Centre for Anti-Corruption and Open Leadership,CACOL, of corruption to the tune of N104 million, a sum he allegedly paid himself as severance package, and award of contracts to firms he has interests in. “On January 2, 2013,” Adeniran wrote, “Mr. Mournir Haliru Gwarzo was appointed an Executive Commissioner in…

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What If Electricity Consumers Provided Meters?

By Oji Odu Besides the problem of poor electricity generation in the country by the Generating Companies (GENCOs), the worse culprit in the electricity saga in Nigeria has been the Distribution Companies (DISCOs) whose notoriety in ripping-off the consumers through grossly inadequate metering and crazy and estimated billing is unmatched. Also, despite governments directives and financial support to the DISCOs to meter their unmetered customers, the problem has remained, prompting the quest by many for consumers to be allowed to provide their meters. Ideally, electricity consumers are not supposed to…

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Enugu Airport to be rehabilitated before Christmas, says FAAN

Enugu Airport is on the news again.Since the designation of Enugu Airport as being of International status, intrigues has been on for the Airport to remain moribund, with traffic still maintained at the traditional four major Airport in the country-namely, Lagos, Port Harcourt, Abuja and Kano. Before the Jonathan administration, the Obasanjo administration, according to reports, deliberately stayed action on the categorization, even with delegation from south east leaders, including former governor Peter Obi of Anambra state. Under Jonathan, the Airport was upgraded to International status, with only Ethiopian Airline…

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Customs: Stopping The Rot Through Training

By Stephen Ubanna Importers with their  clearing agents who may have landed themselves into   trouble at the ports due to their lack of knowledge in modern Customs operations  in Information Communication Technology, ICT, have an opportunity do so  now. This is because the Apapa Command has initiated plans to train and retrain them in ICT to do their job the right way to keep them out of trouble . A s a prelude to the training programme, which was at the instance of Hameed Ali, a retired Colonel and Comptroller…

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National Carrier: Sirika finetunes previous regime programes.

“National Carrier” appears to be an anthem for every minister of aviation that comes into power in Nigeria, though corruption and bureaucratic bottlenecks will always put the spanner in the works. Currently, it is the turn of Haddi Sirika, the current minister of state for Aviation, to pick up the tune. Speaking at an International Civil Aviation Organisation, ICAO, conference ongoing, Sirika insisted that he is not predisposed to jettison the ideas of previous administrations, that he will only fine tune them as far as the National Carrier issue is…

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Nigerians’ cash hoarding starves banks of funds

Nigerians have devised means through which they address the issue of money laundering: Hoarding raw cash. Architect Ukpe (not his real name) was invited by a client who wants to build a house in Aja area of Lagos. The plan was for a block of six flats. The total cost of the land and erected structure was put at N420 million. After the whole negotiation, the owner called the architect inside his house at Lekki phase 2 and brought out 2 bags, one  full of dollars and the other full…

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Lagos Residents To Experience 40-Hour Blackout

Eko Electricity Distribution Company has announced a planned power outage programme that will affect some residents of the Lagos metropolis. The company’s General Manager, Corporate Communications, Mr. Godwin Idemudia, said in a statement on Tuesday that the planned outage was to enable the Transmission Company of Nigeria to carry out routine maintenance work on some of its facilities serving the area. According to the statement, the outage is scheduled to take place every Tuesday and Thursday for the next five weeks, and will last for four hours on each day…

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CUSTOMS: Ali’s ‘Men’ Head For Showdown

By Bayo Bernard The story of how three Controllers of the Nigeria Customs Service, NCS, landed the most lucrative commands in Lagos can never be exhausted. But what is now agog within top officers and men of the Nigeria Customs Service, NCS  is the looming confrontation among the three controllers believed to be very close to the Controller General of Customs, Col. Hameed Ali(rtd).   The controllers are Jibril Musa , Yusuf Bashar in charge of the Apapa and Tin can Customs command, and Muhammed Uba Garba of the Federal Operations…

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Car Dealers Run For Cover

By Stephen Ubanna For years, alleged money launders across the country were making  brisk business with the Japanese auto vehicle  giant, Toyota, to be their sales agent in Nigeria. The deal to become their sales agent became more pronounced with the establishment of the Economic and Financial Crimes Commission, EFCC, by the then Administration of President Olusegun Obasanjo ostensibly to checkmate them. Investigation by the Magazine shows that between 1989 and now, scores of car marts  had been opened in different parts of Lagos and other major cities across the…

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Dangote Sells Noddles Plant

A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on Tuesday. De United said it had signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a report by Reuters. The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at N27bn. Dangote Flour…

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Revenue: Setting The Stage

By Stephen Ubanna In spite of the down turn in the nation’s economy which had translated into low volume of cargo traffic at the nation’s seaport, airport and the major land border stations, Apapa Customs Formation, which is the Nigeria Customs Service, NCS, premier Command has set the stage for   the Service realization of the N900 billion revenue target set for it by the  Federal government this year. This is evident  going by the amount realized by the Command between January and October.  The Command , according to Musa Jibril,…

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Diamond Bank’s Albatross

By Chidiebere Onyemaizu   Many weighty issues are probably agitating the mind of Dozie Uzoma, the youthful Group Managing Director, GMD of Diamond bank. Chief among these is perhaps the desire to go down in history as the Bank’s GMD during whose tenure Diamond bank’s customer and deposit base burgeoned but it’s doubtful if Uzoma has taken time off to reflect on the travails of one of Diamond Bank Customers, Prince Alfred Ugochukwu Amaobi. Diamond Bank is a customer-friendly bank but Amobi’s bitter experience with the bank makes him insists…

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A Customs Warlord

By Stephen Ubanna more facts have emerged why  Jibril Musa , Yusuf Bashar, both  Comptrollers in-charge of Nigeria Customs Service, NCS, Apapa and Tincan  Island Commands respectively  and other Comptrollers within  Customs Formations in the south west geopolitical  region are keeping away from Mohammed Uba Gabar, Comptroller Federal Operations Unit, Zone A, Ikeja. They may have kept their distance from him to avoid being roped into trouble or seen as coming to beg for bad jobs released through the port or  the land border stations not to be intercepted by…

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