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$2.7 billion : Boosting Revenue Generation, My Govt is targeting 24-hour port clearance, Says Tinubu

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The Federal Government targets a 24-hour clearance of goods at the ports to enhance trade and ease of doing business.

To achieve this, activities of all the agencies operating at the ports have been consolidated into a single window.

Yesterday, the President inaugurated a committee on the implementation of the National Single Window Project (NSWP).

The project, an electronic platform, is designed to simplify imports and exports at the nation’s ports by eliminating all hiccups in goods clearing and exportation.

All agencies and stakeholders involved in import and export processes are integrated into the NSWP for seamless trade operations.

One of the primary goals of the project domiciled at the Federal Inland Revenue Service (FIRS) is to ensure that goods were cleared within 24 hours electronically.

It is also aimed at eliminating trade barriers, boosting revenue generation and improving Nigeria’s ranking in the World Bank’s Ease of Doing Business Index.

The steering committee has co-chairmen: Tola Fakolade , head of the project secretariat and Zach Adedeji, FIRS chairman. It has representatives from Central Bank of Nigeria(CBN), Nigeria Customs Service (NCS), Nigeria Ports Authority (NPA), Federal Airports Authority of Nigeria (FAAN), National Agency for Food and Drug Administration and Control (NAFDAC) , Nigerian Maritime Administration and Safety Agency(NIMASA), Standard Organisation of Nigeria(SON), exporters, importers, shipping lines and clearing agents as members. Federal ministries of Finance, Marine and Blue Economy, Transportation, Trade and Investment; Nigeria Sovereign Investment Authority (NSIA) and Presidential Enabling Business Environment Council (PEBEC) also have representatives in the committee.

Tinubu told the members that his administration hopes that the implementation of the initiative would bring an annual economic benefit of around $2.7 billion to the country.

“This transformative project,” said the President is not only “a bold statement” to his administration’s commitment to the prosperity of the nation but one that will to propel “our economy to new heights.”

Noting that the country has immense potential , the President lamented, however, that “for far too long, our economic growth has been hindered by the complexities and inefficiencies in our trade processes.”

“Today, we say that there should be no more, ” he said, describing the NSWP as game changer that would revolutionise the way trade is conducted in the country.

He said: “By simplifying government trade compliance through a digital platform, we will unlock the doors to economic prosperity and all other opportunities .

“This initiative will link our ports, government agencies, and key stakeholders, creating a seamless and efficient system that will facilitate trade like never before. “Imagine a Nigeria where businesses can save time and resources, where small enterprises can reach global markets, and where the informal e-commerce sector is brought into the fold, increasing our tax base. This is the Nigeria we are building with the National Single Window Project.

“The benefits of this initiative are immense. The paperless trade alone is estimated to bring an annual economic benefit of around $2.7 billion .

“Countries like Singapore, Korea, Kenya, and Saudi Arabia have already seen significant improvements in trade efficiency after implementing single-window systems.

“It is time for Nigeria to join their ranks and reap the rewards of a streamlined and decentralised trade process.

“We cannot afford to lose an estimated 4 billion dollars annually to red tape, bureaucracy, delays, and corruption at our ports.

“The National Single Window Project will address these issues headlong, preventing revenue leakage and facilitating effective trade. By doing so, we will create a more transparent, secure, and business-friendly environment that will attract investment and spur economic growth.

“The implementation of the National Single Window Project will not be an overnight process, I know. It requires dedication, collaboration, and a phased approach. But I assure you, my fellow brothers and sisters, that we are fully committed to seeing this project through.

“We will work tirelessly to ensure its success by engaging all partner agencies and stakeholders to create a system that works for every one of us.

“Moreover, the National Single Window Project is not just about Nigeria; by linking our system with those of other African nations, we will expedite cargo movement and optimise inter-Africa trade.

“This initiative is a testament to our commitment to regional integration and our belief in the power of collaboration.”

Tinubu pointed out that the inauguration of the steering committee marked the beginning of “an era of unyielding commitment to prosperity, efficiency, and endless possibilities.”

“The national single window is not just a project; it is a symbol of our determination to build a better future for ourselves and generations to come,” he added.

The President called on Nigerians to embrace the initiative with open arms, adding: “Let us work together as one nation to make the National Single Window a resounding success.

“Let us show the world that Nigeria is ready to take its rightful place as one of the leaders in global trade. Together, we will build a Nigeria that is stronger, more prosperous, and more united than ever before. The national single window is our gateway to that future. And I am honoured to lead us on this transformative journey.”

To the committee members, he said: “Dismantle all block webs along your way. I will be ready to listen to conversations, your discoveries and any problem-solving areas that will make the single window a big success.

“You are building a legacy and a country that is yours, mine, and that of future generations will benefit from.

“You have this great opportunity. It’s a bold endeavour that will etch your names in gold.”

FIRS Chairman Adedeji commended President Tinubu for spearheading the initiative.

He added that the implementation of the project would address revenue leakage, enhance trade efficiency, and boost economic growth.

Adedeji said: “The heavy costs, delays, and inefficiencies at our ports has been a constant burden. It is estimated that a staggering $4m annually is lost due to these inefficiencies.”

NPA Managing Director Bello Koko explained that the initiative would drastically reduce the amount of paperwork involved in transactions for import and export as information would be shared through a unified platform among the relevant government agencies.

He said: “For clearance, the target is actually 24 hours. Of course, we know what is obtainable in neighbouring countries; it’s 48 to 72hours, but our target is 24 hours.

“As for the number of forms, importers/ exporters fill out 20, 30 or 40 printed forms but now, digitally, they fill out a form that has 2, 3, or 4 pages.”

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Breaking : Tinubu Breaks New Ground as First Nigerian President to Receive Proposed UN Budget

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No President Bola Tinubu received in audience the Permanent Representative of Nigeria to UN, Ambassador Jimoh Ibrahim after he presented the proposed $14 billion UN budget for 2027.

President Bola Tinubu has received copies of the proposed 2027 United Nations budget from Nigeria’s Permanent Representative to the UN, Jimoh Ibrahim.

Ibrahim, who chairs the UN committee responsible for budgetary and administrative matters, presented the seven-volume document to the President at the State House, Abuja.

Speaking to journalists after the presentation, Ibrahim described the occasion as historic, saying it was the first time in 66 years that a Nigerian president had received the proposed UN budget through the process.

He said, “This is the presentation of the United Nations proposed budget for 2027 that was presented to me by the General Assembly, by the Secretary-General of the United Nations to the Fifth Committee, and that budget has seven volumes.

“So it has to be presented to my country because my country is a member of the United Nations. I share the budget at the committee, so the appropriate thing to do is to bring the budget home and deliver it to the President.

“This is the first time in 66 years that Nigeria will share budget in the committee. The first time. So I don’t know when we’re going to do that again in history.”

Ibrahim added, “President Bola Tinubu is making history to have been able to receive that budget, being the first President in 66 years that will receive such budget from the United Nations, and it’s not a small issue for a country to receive the whole UN budget.”

He said the proposed budget covered the organisation’s regular activities and peacekeeping operations, with approximately $3.4bn allocated to the regular budget and $8.5bn for peacekeeping.

Ibrahim put the total at about $14bn, although the figures he cited for the two components add up to $11.9bn.

He stressed that the document was still a proposal and had not received final approval from UN member states.

“The budget still has to be approved. This is a proposed budget. It’s at the proposed stage. You submit it to your country, and thereafter the budget is finally discussed. Figures are adjusted, and then finally the final budget is approved and spending commences,” he said.

Asked about the support Nigeria could receive from the UN, Ibrahim said discussions on the proposed budget were ongoing and declined to specify what Nigeria might benefit from it.

He also cited the construction of a $267m UN conference centre in Kenya as an example of the organisation’s investment in facilities in member states.

The proposed budget will undergo further scrutiny and adjustments before member states approve the final figures and spending begins.

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Abuja-Kaduna Train: Opeifa Denies NRC’s Involvement in Ticket Racketeering, Blames Scammers and High Demand

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……..NRC Introduces Double Verification to Curb Racketeering

The Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa, has denied allegations that the corporation deliberately creates artificial scarcity of train tickets on the Abuja-Kaduna Train Service (AKTS) to facilitate their resale at inflated prices through unauthorised agents.

The controversy followed a viral social media video by Instagram blogger Faizah Raji, who operates under the handle @wearegst, alleging that the corporation deliberately withholds tickets from its official electronic ticketing platform and makes them available through agents at exorbitant prices.

In the video, titled “The NRC Is Stealing Its Own Tickets to Resell,” the blogger claimed that she was unable to obtain a ticket through the official booking portal but subsequently purchased one from an agent at twice the official price.

Responding to the allegations, the NRC management described the claims linking the corporation to the alleged racketeering as misleading, insisting that the corporation does not directly buy or sell tickets on the Abuja-Kaduna corridor.

According to the management, electronic ticketing on the standard-gauge rail services operates under a Public-Private Partnership (PPP) arrangement, with private concessionaires responsible for ticket sales.

SecureID/TPS handles ticketing for the Abuja-Kaduna Train Service, while Global Software Digital Solutions (GSDS) manages the Lagos-Ibadan Train Service. Fane Warri-Itakpe Ticketing Solutions Limited is responsible for ticketing on the Warri-Itakpe Train Service.

The NRC said the concessionaires were approved by the Infrastructure Concession Regulatory Commission (ICRC) and the Federal Executive Council (FEC) before 2023.

Explaining the persistent difficulty passengers face in securing tickets, the corporation attributed the situation largely to a significant imbalance between passenger demand and the number of seats available.

According to the NRC, demand for train services on the Abuja-Kaduna corridor has exceeded available capacity by more than tenfold, putting considerable pressure on the ticketing system.

The management maintained that the reported experience of purchasing a ticket through an agent did not, in itself, establish that the corporation was responsible for creating artificial scarcity or facilitating the alleged resale.

It also warned passengers against patronising unofficial ticket agents, stressing that those who purchase tickets outside approved channels do so at their own risk.

The corporation explained that the Federal Government introduced the National Identification Number (NIN) requirement for train ticket purchases following the 2022 Abuja-Kaduna train attack, as part of measures to improve passenger identification and curb ticket racketeering.

However, it said suspected fraudsters had devised ways of obtaining multiple NINs to purchase tickets for resale to unsuspecting travellers.

To address the challenge, the NRC introduced a double-verification process in 2025, requiring passengers to undergo NIN verification and present personal identification before boarding.

The corporation said its ticketing and verification system is integrated with the database of the National Identity Management Commission (NIMC), enabling officials at Idu and Kubwa in Abuja, as well as Rigasa in Kaduna, to verify the identity and photograph associated with the NIN used to purchase a ticket.

The management, however, acknowledged that the Rigasa station in Kaduna lacks an adequate access-control system, a shortcoming it said could occasionally allow agents linked to ticket scams to overwhelm security personnel.

The introduction of a second verification process, modelled on the system used at Terminal 2 of the Murtala Muhammed International Airport in Lagos, is intended to strengthen checks and prevent passengers from travelling with tickets purchased using another person’s identity.

As part of efforts to address complaints about ticket availability, the NRC said the electronic ticketing concessionaires had been directed to improve access to their online platforms and ensure compliance with established ticketing procedures.

The corporation also reiterated that purchasing tickets from third parties using another person’s NIN or name was unacceptable, describing the practice as economic sabotage.

It stressed that passengers should book through approved portals and avoid sharing their NIN details and other personal information with agents or third parties who could exploit such information for fraudulent transactions.

The NRC management declared zero tolerance for ticket racketeering, warning that any staff member found participating in or colluding with individuals involved in the practice would face disciplinary action.

The corporation said it remained committed to protecting the integrity of its operations, improving customer service and ensuring that passengers have access to safe, affordable, reliable and convenient rail transportation.

While the allegations have renewed public debate over ticket availability and the effectiveness of the electronic ticketing system, the NRC maintained that the immediate challenges include rising passenger demand, limited seating capacity and the activities of individuals exploiting the system.

The corporation urged passengers to use only approved ticketing platforms and cooperate with verification procedures to help curb fraud and protect the railway system.

The NRC said it would continue working with relevant stakeholders to strengthen its ticketing processes and improve the passenger experience across its rail corridors.

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Ondo Sports Council Chairman Declares 2026 ADU Unity Cup Open as Ijapo Ages FC Edges Odigbo LG FC

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The Chairman of the Ondo State Sports Council, Hon. (Coach) Abimbola Oladimeji, has officially declared the 2026 ADU Unity Cup open, marking the commencement of another edition of the football competition aimed at promoting unity, sportsmanship and grassroots football development.

The opening ceremony attracted football enthusiasts and supporters who gathered to witness the start of the tournament and celebrate the spirit of competition among participating teams.

In the opening match, Ijapo Ages FC secured a narrow 1–0 victory over Odigbo LG FC in an entertaining encounter, giving the team a winning start to its campaign in the competition.

The ADU Unity Cup continues to provide a platform for players to showcase their talents, foster unity among communities and contribute to the development of football at the grassroots level.

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