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NPA Set to Inaugurate Lillypond, Tin Can Truck Parks



Nigerian ports authority
  • NPA Set to Inaugurate Lillypond, Tin Can Truck Parks

The Nigerian Ports Authority has embarked upon a sensitisation programme to educate the public about the benefits of transit trailer parks.

The agency indicated in a statement signed by the General Manager, Corporate and Strategic Communications, Jatto Adams, that the move was part of efforts and commitment to end the gridlock along the port access roads.

It quoted the Managing Director, NPA, Hadiza Bala-Usman, as saying that two transit truck parks at Lillypond and Tin Can Island Second Gate were set for inauguration.

Usman, who was represented by the Executive Director, Marine and Operations, Dr Sokonte Davies, expressed the belief that the truck parks would enhance effective port operations and improved service delivery across the board.

She also assured stakeholders in the maritime sector that priority would be given to truckers with empties and to exporters.

Bala-Usman reiterated that the NPA as a landlord would not fold its arms and allow total breakdown of the system.

She said some of the plans put in place included mandating the incoming task force to ensure that all trucks were not allowed to park on the bridges.

Shipping lines and terminal operators must synergise their operations to ensure the success of the call up system.

Security agencies were to remove all categories of trucks milling round the port environment and traffic and law enforcement agents were to ensure that the Tin Can Island – Mile 2 corridor was open for optimal traffic and port management.

In addition, the various sectional heads from the NPA involved in the exercise resolved that enforcement would be total.

The NPA stressed that while the trailer parks were transit points, it would ensure that broken down trucks were towed away on a penalty. It urged all concerned that a platform would be made available for complaints to be lodged by stakeholders.

The Director-General Nigerian Maritime Administration and Safety Agency, Dr Dakuku Peterside, who was represented by Assistant Director, Shipping Development, Mrs Anna James Akpan, eulogised the initiative of the NPA. He said, ‘’The ease of access into the port and the provision and maintenance of the facilities to create a free flow of activities cannot be overemphasised as it will enhance the flow and increase of revenue to both the NPA and the government.”

At the end of the discussions, participants urged the NPA management to ensure that their members were made relevant in committees just as they further pledged their loyalty to the NPA in ensuring that the call up system was effectively implemented for the growth and development of the maritime sector and most especially the Gross Domestic Product of Nigeria.

Present at the event were representatives drawn from the terminal operators, shipping lines, Road Transport Employers Association of Nigeria, Nigerian Association of Road Transport Owners and other critical stakeholders.

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


BUA, Kainos Exploration to Drag Each Other to Court Over $20 Million Scandal



BUA Cement Logo

BUA Group on Monday threatened to drag Mr James Onyejekwe, the Managing Director of Kainos Exploration to court over a publication that claimed the Group was involved in a $20 million scandal.

BUA stated in a statement issued on Monday.

It stated that the publication engineered by Mr Onyejekwe was a “clear intent to impugn the integrity and reputation of BUA Group and its Chairman, Mr Abdul Samad Rabiu.”

BUA takes its reputation seriously and we will continue to do everything to protect it from anyone and any entity who obstructs our mandate to conduct business in a proper, legal and socially-responsible manner.

“BUA will, therefore, utilise its legal and human resources to resist every campaign of defamation and distraction,” the statement further said.

The leading cement manufacturing company said its independent investigation showed Mr. Onyejekwe was behind the false story that went viral online.

We have, therefore, instructed our legal team to immediately commence criminal defamation proceedings against the person of Mr James Onyejekwe who is the said originator of the malicious letter fraudulently attributed to Cavendish Petroleum against our person, with damages,” the statement seen by Investors King noted.

BUA explained that “We deem these actions necessary, in order to protect the name and reputation of BUA Group.”

“We see no reason why Mr James Onyejekwe of Kainos Exploration and Processing would single out BUA in a supposed business dispute which had no link to the BUA Group in its entirety.

“Therefore, BUA finds it absurd that Mr Onyejekwe or anyone else will decide to drag BUA into their issues and/or put out such a malicious and defamatory statement, fraudulently using the name of Cavendish/Mr Mai Deribe without recourse to the truth, facts, decorum or decency,” it added.

BUA Group described the story bordering on allegations of corruption as “false, malicious and spurious.”

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Dangote Cement Emerges Best Performing Firm In Africa



Prime Real Estate Development At Eko Atlantic City

The Kogi State Chamber of Commerce, Industry, Mines and Agriculture (KOCCIMA) has named the Dangote Cement Plc, Obajana Plant, as the best performing company in Africa.

The award was presented to the company in Lokoja at the weekend by the Deputy Governor of Kogi State, Chief Edward Onoja, who represented the State Governor, Alhaji Yahyah Adoza Bello, at the Annual General Meeting(AGM) of KOCCIMA.

Speaking at the occasion, the President of KOCCIMA, Mr. Victor Ibrahim, said the Dangote Cement emerged through a thorough screening process that involved 20 companies.

He said: “Our screening committee considered many criteria before Dangote Cement Plc was selected”.

According to him, the Chamber put into consideration Dangote Cement’s contributions to the state’s economy through Internally Generated Revenue(IGR), as well as its good relationship with KOCCIMA.

Mr. Ibrahim said another criterion that placed the Dangote Cement in good stead is that the company has been environmentally friendly.

“We’ve visited DCP Obajana Plant and we found it complying with global best practices when it comes to the environment. Your parking lot does not constitute any environmental danger. We also considered returns to investors, the welfare of staff, the 43km Obajana-Kabba concrete road, your good relationship with the host community and your positive image”.

He announced that the Chamber of Commerce was planning to host its Trade Fair by year-end and looking forward to collaborating with the Dangote Cement Plc.

The Deputy Governor Mr. Edward Onoja expressed the appreciation of the Kogi State Government, saying the contributions of KOCCIMA and the private sector were crucial to the development of the state.

Speaking to newsmen on the sideline of the event, representative of the Dangote Cement Plc Mr. Ademola Adeyemi said the company was elated and that the award will further spur it to continue its support to the state’s economy, KOCCIMA and Corporate Social Responsibility schemes.

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MTN Appoints Chika Ekeji as Executive Lead for Strategy and Transformation



MTN Appoints Chika Ekeji, A Nigerian-American as Executive Lead for Strategy and Transformation

MTN Group has announced the appointment of Chika Ekeji, a Nigerian-American national as an executive to lead the strategy and transformation unit of the mobile network operator.

Chika has a Master of Engineering in Computer Science from Cornell University and an MBA from MIT.

He will be leaving from McKinsey & Company, where he led the West Africa Digital Practice and served telco, financial services, and public sector clients across Africa.

His appointment with Africa’s leading mobile operator will be effective on, 15th of March. In his new role, he will be based in SA.

“We are very pleased that Chika is joining us as we work to accelerate our strategic repositioning,” says MTN Group chief operating officer Jens Schulte-Bockum.

To support the execution of the repositioned strategy, Ekeji joins a group of other recent appointees, including the new group chief financial officer, Tsholofelo Molefe.

In recent weeks, MTN also made changes to the group’s regional structure and the executive committee.

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