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Customs Seize N2bn Contraband in Two Weeks

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Nigeria Customs Service
  • Customs Seize N2bn Contraband in Two Weeks

The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja has declared the seizure of contraband worth N2.55bn in two weeks between July 25 and August 7.

Among the seized items were 2,748 cartons of DSP Codeine cough syrup worth N1, 175,200,000.

The Controller, NCS, FOU, Mr Mohammed Garuba, stated on Wednesday that the codeine syrup was found in a MAN diesel truck with registration number XB 286 BEN, along Afromedia Estate, by Egbeda junction, beside Alaba International market.

In May, the Federal Government declared a ban on importation of cough syrup containing codeine after a BBC documentary highlighted the abuse of the syrup among youths.

According to Garuba, this is the second time in a row the unit is intercepting the substance since the ban.

He added that information had also led to the evacuation of 49 cartons of 100mg Tramadol capsules from a warehouse in Ajao Estate, saying that the drugs would be handed over to the National Agency for Food and Drug Administration and Control for further investigation.

He listed contraband intercepted within the period to include 21 sacks of pangolin scales weighing 1,031kg and four pieces of elephant tusk weighing 29.35kg which were evacuated from a shop located in Tejuosho market in Victoria Island, based on information by the Warehouse Operations team led by Mutalib Sule.

He said, “The seized endangered species have a duty paid value of N253.6m. You will recall that the Minister of State for Environment, Mallam Usman Jibril, accompanied by the Convention on International Trade in Endangered Species delegates from the United Nations visited the unit, inspected the previous seizure of such endangered species this year and even commended us for a job well done.

“The trade in such endangered species is globally prohibited, hence the need for us all to fight against such illegality so that such endangered species do not go into extinction.”

Other seizures recorded in the two weeks are 39 sacks and 1,220 parcels of 1,610kg of Indian Hemp, uncovered in a transit bus in Ogun State; 17 units of exotic vehicles; 1,380 bags of foreign parboiled rice; 1, 126 pieces of used shoes; and 140 cans of vegetable oil.

Garuba added that among the detained vehicles were seven Toyota Land Cruiser SUVs; four Toyota Hiace buses; two Toyota Coaster buses, and four Toyota Camry cars.

“These 17 exotic vehicles have a duty paid value of N304.2m. Four of the vehicles were intercepted along Ijebu Ode Expressway while 13 were evacuated from a house on Plot 1, Akin Taylor Close, Allen Avenue, Ikeja, based on credible information.

“Eight suspects were arrested in connection with these 25 seizures,” he said.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Appointments

Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director

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Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations

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FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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