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$2.7 billion : Boosting Revenue Generation, My Govt is targeting 24-hour port clearance, Says Tinubu
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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2027 Politics: Dipo Bamisaye Speaks on Tinubu, Oyebanji, Says Ekiti North Needs Aggressive Development
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Engineer Dipo Bamisaye, a Fellow of the Nigerian Society of Engineers and a seasoned infrastructure expert, has declared his intention to represent Ekiti North Senatorial District in the National Assembly.
In this exclusive interview with Publisher of Newsthumb, Sotayo Olayinka, Engr. Dipo Bamisaye speaks on his political journey, relationship with Governor Biodun Oyebanji and Senate Leader Opeyemi Bamidele, as well as his plans for infrastructure, youth empowerment, agriculture, and security in Ekiti North. He also shares his views on President Bola Ahmed Tinubu’s Renewed Hope Agenda and the future of Nigeria.
Enjoy the interview…
Good afternoon, sir. Can we meet you?
I am Engineer Dipo Bamisaye, a native of Ijesha-Isu in Ikole Local Government Area of Ekiti State. I have been actively involved in politics for about 15 to 18 years.
This is the third time I will be showing interest in representing Ekiti North Senatorial District. I contested in 2018 and also indicated interest in 2022/2023, but at the time, former Governor Kayode Fayemi advised me to step down for Senator Adetunmbi.
I have been a loyal supporter of Asiwaju Bola Ahmed Tinubu since the days of the Alliance for Democracy while I was working with ExxonMobil. Today, I am a Fellow of the Nigerian Society of Engineers and a Fellow of the Nigerian Institution of Civil Engineers.
I have spent over 30 years in the engineering and infrastructure sector, working across virtually every state in Nigeria. I have handled projects in the North, South, South-East, and South-South, especially in rural infrastructure development.
I have also worked with the World Bank Group as a consultant on the FADAMA agricultural programme. Academically and professionally, I have trained in several countries. I studied bridge construction at the University of Florida in the United States, highway transportation in Ohio, mechanized agriculture in Gauteng, South Africa, and water treatment in China and Germany.
All these experiences have prepared me for leadership and service. My desire to contest for the Senate is to complement the efforts of President Bola Ahmed Tinubu and bring development closer to the people of Ekiti North.
Beyond politics, I run the BO Charity Trust, through which I have supported communities for over 12 years. Even without holding public office, I have facilitated boreholes, transformers, and other community projects because of my passion for helping the people.
“My Love for the People Inspired Me to Join Politics”
As a technocrat and successful businessman, what attracted you to politics?
What attracted me to politics is my passion for service. People around me kept saying, “If you can do all these things without holding office, imagine what you could achieve with a political platform.”
Over the years, I have supported students with JAMB forms and educational assistance. I have also worked closely with political leaders like the Senate Leader, Senator Michael Opeyemi Bamidele, who remains my mentor. Through him, I learned a lot about leadership and governance.
If given the opportunity to serve in the Senate, I will work closely with both the President and the Governor to deliver more dividends of democracy to our people.
“Governor Oyebanji and I Share a Cordial Relationship”
What can you tell us about your relationship with Governor Biodun Oyebanji?
Governor Biodun Abayomi Oyebanji is someone I hold in very high regard. We have a cordial relationship, and we attended the same institution, Ondo State University, now Ekiti State University, Ado-Ekiti.
I admire his humility and leadership style. During the build-up to his first-term election, when many political actors were still undecided, members of the university alumni association rallied support for him. At the time, I was President of the Alumni Association and also a member of the university council.
We strongly believed in his capacity and worked tirelessly for his emergence. I also discussed extensively with Senate Leader Opeyemi Bamidele, who supported the project as well.
To further demonstrate our support, I led a group of alumni members who contributed funds to purchase his nomination form — not because he could not afford it, but because we believed in his vision for Ekiti State.
Today, we remain proud of his achievements and hopeful for his second term.
“Ekiti North Needs More Aggressive Development”
There is already an incumbent senator in Ekiti North. What new ideas are you bringing?
The incumbent senator is our brother, and this is not about personalities. However, we believe Ekiti North can do much better. Representation goes beyond lawmaking; it also involves lobbying for development projects and attracting federal presence.
Ekiti North is in dire need of infrastructure development. Many of our roads are in terrible condition. If elected, I will actively engage federal ministries and agencies to ensure projects are facilitated to our communities.
Education is another key area. Many students still travel long distances to write CBT examinations. We intend to facilitate CBT centres across communities in Ekiti North.
Agriculture is also very important because farming remains the backbone of Ekiti’s economy. We plan to introduce modern mechanized farming, support young farmers with equipment, and encourage agro-processing and light manufacturing. For instance, products like cassava and maize can be processed locally into finished products, creating jobs and boosting the economy.
Security is equally critical. Because of our proximity to northern routes, Ekiti faces security threats. We will support efforts toward improved policing and stronger security collaboration to protect our communities.
“Youth Empowerment Will Be a Major Priority”
What is your agenda for youth employment?
Youth empowerment will be one of our top priorities. Agriculture alone can employ thousands of young people if properly modernized.
Government cannot employ everyone, so our focus will be on capacity building, entrepreneurship, and innovation. We plan to introduce “Train the Trainers” programmes, especially in technology and vocational skills.
From my experience working with the World Bank Group, I understand the templates that can help young people become self-reliant and employers of labour within a short period.
“We Are Mobilising Massive Support for President Tinubu”
What role are you playing in support of President Tinubu’s administration?
We are already mobilising support for President Bola Ahmed Tinubu across the country. I am among those coordinating the “Renewed Hope Engineers,” a platform created to highlight the achievements of the President in infrastructure and development.
By June, we plan to launch activities across the 36 states and the FCT to showcase projects such as rail development, road construction, and other engineering achievements under the administration.
As an engineer, I can confidently say the President is laying foundations that will stand the test of time.
“Student Loan Scheme Is One of Tinubu’s Biggest Achievements”
What achievements of President Tinubu stand out to you most?
One major achievement is the Student Loan Scheme. Many young Nigerians previously lacked access to quality education because of financial constraints. This initiative gives students greater opportunities and independence.
I also believe it will reduce insecurity because many youths previously became vulnerable during elections due to financial hardship.
Another major achievement is infrastructure development, especially road construction. As an engineer, I understand the importance of durable concrete pavement technology being used on major roads today. Though projects may take time, the long-term benefits will be enormous for future generations.
“I Believe in Free and Fair Primaries”
What is your position on allegations of candidate imposition ahead of the primaries?
Governor Oyebanji has made it clear that he is not interested in imposing candidates. His position is simple — if consensus is possible, fine; if not, there should be free and fair primaries.
I strongly believe in democracy and transparent elections. President Tinubu himself has always encouraged fair competition within the party.
“Policies That Benefit Nigerians Deserve Support”
Some people accuse lawmakers of being rubber stamps. What is your view?
If a policy is designed for the benefit of Nigerians, I see nothing wrong in supporting it.
For example, the removal of fuel subsidy was necessary because the system was riddled with corruption. The Student Loan Bill is another important initiative that deserves support because it helps indigent students access education.
If supporting good policies is called “rubber stamping,” then so be it. What matters most is the welfare of Nigerians.
“Nigeria Needs Stronger Community and State Policing”
Lastly, what is your wish for President Tinubu and Nigeria?
My prayer is that God grants President Tinubu wisdom, strength, and good health to continue leading Nigeria.
I also strongly support the idea of state policing and community policing. Security challenges can be addressed more effectively when local communities are actively involved in protecting themselves.
With the right leadership, commitment, and cooperation, I believe Nigeria can achieve greater progress and stability.
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NRC Boosts Workforce Development with Graduation of 86 Technical Trainees
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Dr Kayode Opeifa, presenting certificate to the best student Class of 2025, Taiwo Olamide
No fewer than 86 trainees have graduated from the Railway Technical Institute (RTI), Ebute-Metta, Lagos, after completing their technical and vocational training under the collaborative skills acquisition programme between the Nigerian Railway Corporation (NRC) and the National Directorate of Employment (NDE).
Describing the ceremony as a reflection of the Corporation’s strong commitment to youth empowerment, workforce development, and nation-building, the NRC Managing Director assured the graduands of employment opportunities. He noted that they had received intensive hands-on training required to thrive in today’s competitive labour market.
He highlighted the institute’s rich legacy, stating that since its establishment in 1924, it has remained a critical hub for developing technical manpower in Nigeria. For over a century, the RTI has trained artisans, technicians, and skilled personnel in railway operations, mechanical systems, and related technical fields.
“Today, we celebrate 86 graduands who have successfully completed rigorous training in various disciplines, including electrical installation and maintenance, electronics engineering, welding and fabrication, refrigeration and air-conditioning, and automobile mechanics,” he said.
“Other areas include carpentry and joinery, computer engineering and ICT, fashion design and tailoring, painting and decoration, as well as printing technology.”
The Managing Director reaffirmed the Corporation’s commitment to repositioning the institute into a modern, efficient, and commercially viable rail training centre capable of driving national economic integration, industrial growth, and logistics efficiency.
“We are working with relevant regulatory authorities and stakeholders to reposition the institute through curriculum enhancement, infrastructure upgrades, faculty development, and strategic partnerships with both local and international institutions,” he added.
“Efforts are also ongoing to align our training with global trends in railway technology, energy transition, and transport innovation.”
He urged the graduands to uphold excellence, professionalism, innovation, and integrity as ambassadors of both the institute and the NRC.
In her remarks, the Senior Special Assistant to the President on Technical, Vocational, and Entrepreneurship Education, Dr Abiola Arogundade—represented by the Head of Strategy, Dr Abiola Isikalu—commended the NRC for revitalising the institute. She noted that technical and vocational education remains vital for youth engagement in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
Also speaking, the Chairman of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV), Barrister Ismaeel Ahmed, congratulated the NRC and RTI on the successful graduation of the 2024 and 2025 sets. He reaffirmed the initiative’s commitment to partnering with the NRC in promoting sustainable energy solutions.
“Our collaboration will continue to focus on advancing natural gas adoption, reducing fuel costs, and promoting cleaner energy, all of which require a highly skilled technical workforce,” he said.
The Vice-Chancellor of Trinity University, Yaba, Professor Clement Olusegun Kolawole, also expressed the institution’s pride in partnering with the NRC and RTI in manpower development and logistics advancement.
Earlier, the Principal of RTI, Mr Kelechi Raphael Nosike, described the graduation as a milestone event for trainees who successfully completed their three-year craft programmes across various disciplines. He noted that the training aligns with the Federal Government’s Renewed Hope Agenda, which prioritises youth empowerment through technical and vocational education.
He also appreciated the NRC management for its commitment to upgrading the institute into a higher institution of learning.
The highlight of the event was the presentation of certificates of excellence to outstanding students, including Master Fadayomi Olamide Andrew, Best Graduating Student (Class of 2024), and Master Taiwo Ayomide, Best Graduating Student (Class of 2025).
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Dangote Denies Fallout with Elumelu, Debunks Financial Support Claims
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The Dangote Group has dismissed as false and malicious claims of a rift between its President, Aliko Dangote, and the Chairman of Heirs Holdings, Tony Elumelu, and also rejected allegations that he (Dangote) solicited support for financing his refinery project.
In a statement issued on Sunday, the group described as “entirely baseless” a publication stating that Dangote had revealed why he distanced himself from Elumelu, stressing that neither the businessman nor the organisation made such remarks.
The statement, signed by the Group Chief Branding and Communications Officer, Anthony Chiejina, said the report misrepresented both personal and corporate positions and added that there was no disagreement between the two prominent business leaders.
“The Dangote Group has become aware of a publication titled ‘Aliko Dangote Speaks Out on Why He Distanced Himself from Tony Elumelu’, which is false, malicious, and baseless. At no time did the President or the Group make such statements or express such sentiments,” the statement read in part.
The company further dismissed claims that the multi-billion-dollar Dangote Petroleum Refinery & Petrochemicals was financed through personal borrowing from friends, describing such assertions as inaccurate and a deliberate misrepresentation of facts.
According to the group, Dangote does not fund projects through informal personal loans, noting that any such claims should be backed by verifiable evidence.
“As a matter of principle, Aliko Dangote neither finances his projects through personal borrowing from friends nor engages in lending arrangements of that nature. Any individual making such claims should provide verifiable evidence to substantiate them,” the statement added.
The group also clarified that there was no strain in the relationship between Dangote and Elumelu, maintaining that both men continue to enjoy a longstanding and cordial relationship despite the claims circulating in the report.
The clarification follows the circulation of a widely shared online post which alleged that Dangote fell out with Elumelu after a failed financial assistance request during the construction of the refinery.
In the post, attributed to Dangote but now disowned by the company, the author claimed that in 2021, when the refinery project was about half-completed, he ran out of funds and approached several business associates for support, including Femi Otedola, Abdulsamad Rabiu, Mike Adenuga, and Elumelu.
The post further alleged that Elumelu promised $20m but later became unreachable, while other associates reportedly raised $500m to support the project, with Otedola said to have contributed $300m.
However, the Dangote Group said such claims were fabricated and should not be attributed to its president, reiterating that the financing narrative presented in the post was false.
Beyond the disputed publication, the company raised concerns over what it described as a growing trend of fabricated statements and the unauthorised use of Dangote’s identity in digitally manipulated content.
It warned that the misuse of his name, likeness, and image in artificial intelligence-generated advertisements and other misleading materials poses reputational risks and could amount to fraud.
“Furthermore, the group notes with concern a rising pattern of fabricated statements and the unauthorised use of Aliko Dangote’s name, likeness, and image in AI-generated advertisements and other misleading content. These actions amount to reputational harm and potential fraud,” the statement said.
The company cautioned individuals, organisations, and platforms involved in creating or disseminating false information to desist immediately, warning that it would not hesitate to pursue legal action where necessary to protect its reputation and that of its leadership.
The Dangote Group reaffirmed its commitment to maintaining high standards of integrity while continuing its industrial and economic contributions across Africa, particularly in advancing self-sufficiency and sustainable development.
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