Connect with us

Metro

Nigerian importers kick against surcharge on Cargoes by International Shipping Firms

Published

on

…Surcharge is economic sabotage, insensitive, says Shippers’ Council

Tension is mounting at the nation’s sea ports where importers who are groaning under huge surcharge imposed on them by the international shipping firms on cargoes imported from across the world are threatening fire and brimstone.

The surcharge, according to them is adding to the high cost of doing business in Nigerian ports, coupled with the challenges of infrastructure deficiency and cumbersome shipping process. Already, Nigeria Shippers Council said it has rolled up its sleeve to do combat with the shippers

The importers pointed to one of the foreign shipping firms- Hapag-Lloyd, which in the last nine months has imposed a revised Peak Season Surcharge (PSS) on Tin Can Island and Apapa ports in Lagos. Hapag-Lloyd imposed the PSS on all container types from across the world to Tin Can Island and Apapa ports.

Documents obtained by the media showed that about $1025 surcharge is slammed on 20 feet (ft) and 40ft containers on cargoes coming from United States and US territories, China, Taiwan, Hong Kong, and Macau.

 Charges from cargoes from the rest of the world are also pegged at $1025 or EUR 930 accordingly.

 The charges are different from the ocean tariff rates as well as bunker-related surcharges, security-related surcharges, terminal handling charges, among others that shore up the cost of shipping in Nigeria.

 Having commenced the charges from December 15, 2019, Hapag Lloyd, according to its notice is imposing the surcharge till further notice.

Critical industries in Nigeria are already groaning under the new charges, lamenting that the high prices are shocking its profits, which has already been crashed by the COVID-19 pandemic.

Executive Secretary and Chief Executive Officer, Nigerian Shippers Council, Hassan Bello, described the charges as economic sabotage, saying the Council is moving vehemently against the action of the shipping firm.

Bello said: “We are protesting against it vehemently. There was no notice to us and the shippers that the charge was imminent. From our intelligence these charges are over $1,000. It is discriminatory. It is insensitive. Just when the Nigerian economy is recovering a little bit from the effect of COVID-19, it is insensitive for anybody to slam such charges of over $1,000 on Nigeria’s trade.

“It is discriminatory because it is not happening in Togo, Benin or Ghana, why should it be in Nigeria. “We have written a strong letter to the shipping association of Nigeria and we also wrote to their principals overseas, because this is not a local charge.

“Why should Nigeria be the recovery ground for shipping companies? We have three lines of action on the internal level; we are going to call on the Union of Africa’s Shippers’ Council; Global Shippers’ Association and Global Shippers Forum. “On the national level, we are rallying round the organized private sector, I am already in talk with Lagos Chamber of Commerce and Industry (LCCI), I will talk to Manufacturers Association of Nigeria, as well as big time shippers like Dangote and Nigerian Breweries among others.

“We should all come together and fight against this unnecessary charges. The charges are unilateral and arbitral and we are going to protest against it because it is economic sabotage. It goes deep into Nigeria’s economy recovery. It is against our resolve to recover from the effect of COVID-19,” he said.

Chairman, Shippers Association Lagos State, Jonathan Nichol bemoaned the shipping costs, expressing the group’s readiness to take it up with appropriate agencies.

Nichol said the surcharge could be linked to congestion at Lagos ports, but it is uncalled for, considering the negative effect of COVID-19, “we will certainly induce discussions on this with the Shippers Council”. He stressed the need to review the costs of shipping in Nigeria, noting that “importers hardly make profit” due to excessive charges.

President, Importers Association of Nigeria, Kingsley Chikezie said the importers are not happy about the additional charges from the shipping firm, even at a time they were complaining about high cost of shipping at the ports.

Chikezie said a lot of things are happening at the ports including the issue of transfer charges among others, appealing to the authorities to ensure urgent review of the charges.

However, some industrialists whom were severely affected by the surcharge burden have urged the Federal Government to institute litigation against the erring shipping firm for operating against the rule of trade facilitation agenda of International Maritime Organisation (IMO) during the pandemic period.

The Managing Director of WellWaters Resources, Mr. Ogunlade Olabisi, called on the Federal Competition and Consumer Proctetion Commission to intervene on the issue. “I think there is need for the Federal Competition and Consumer Protection to take up legal action against the shipping firm.

After all, it is their responsibility to protection consumers in the country.”

A source in a major manufacturing firm, who preferred anonymity, said the agenda of the shipping firm is self-serving and profiteering, which is in contradiction of the trade facilitation rule.

Before now, CMA CGM and Maersk Shipping had earlier slammed surcharge on Nigerian bound cargoes.

 Notwithstanding the negative effects of the COVID-19 pandemic, German container shipping company Hapag-Lloyd closed the first six months of this year with a profit. The group profit stood at $314 million in H1 2020, compared to $165 million seen in the corresponding period a year earlier.

Bank

ZENITH BANK REWARDS HACKATHON WINNERS WITH N77.5M CASH PRIZE AT ZENITH TECH FAIR 4.0

Published

on

ZENITH BANK REWARDS HACKATHON WINNERS WITH N77.5M CASH PRIZE AT ZENITH TECH FAIR 4.0

 

A total sum of N77.5 million in prize money was won at the end of a keenly contested hackathon session at the Fourth Edition of the Zenith Tech Fair, themed “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI “, which held on Thursday, November 21, 2024, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos.

The prize money was shared among ten finalists who emerged from the over 1,700 contestants that took part in the hackathon, with JumpnPass, a self-checkout technology solution reshaping the retail landscape in Africa emerging as the overall winner and taking home the grand prize of N25 million. This is in addition to a six-week mentorship and incubation program designed to help them grow and scale effectively, which will run from December 2024 to February 2025.

The first runner-up, CreditChek, a credit and verification service provider which leverages AI and open banking to streamline income and credit history verification for financial institutions, won N20 million and a mentorship programme, while the second runner-up, Salad Africa, a start-up which offers seamless integration of credit products for digital platforms and software companies won N15 million as well as a mentorship programme. Other finalists who took home N2.5million each include Regxta, CashAfrica, Middleman, Messenger, Pocketfood, Famasi Africa, Kitovu.

Earlier during the programme, the Group Managing Director/CEO of Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON, in her welcome address expressed her appreciation to the Founder & Chairman, Dr Jim Ovia, CFR, for birthing the idea that led to the establishment of the Tech Fair initiative 5 years ago, she thanked him for his vision and foresight in utilizing technology to revolutionize the world of business and banking.

Commenting on the Hackathon, she said, “This prestigious annual event was created to empower and nurture young fertile minds. We hope to produce the likes of Bill Gates, Mark Zuckerberg, Steve Jobs and Elon Musk from the Zenith Bank Hackathons in the nearest future. According to the Nigerian Bureau of Statistics, 70% of Nigeria’s population are youths which is an economic asset when properly harnessed. This is part of the reason why Zenith Bank is hosting this event to support the development of technology startups. Their success not only fosters innovation and growth in Nigeria, but it also plays a vital role in creating employment opportunities for our youth.” She also stressed on the importance of innovation and embedded finance in ensuring strong and enduring institutions. According to her, “it is paramount that we adapt and adopt technology to stay ahead of the curve. We have seen various cases of companies that failed because of their lack of innovation. It is quite obvious that when companies fail to innovate; they can easily be displaced, so this is not the time to be orthodox, innovation should be a top priority for us.”

In his goodwill message, The Governor of Lagos State, His Excellency, Mr. Babajide Sanwo-Olu called for a global approach to doing business in the country. According to him, “What we need to do is to be able to enhance our product and services in order to compete in the world. We can’t continue to act local, we need to think global. Anything that we’re doing now, we need to be able to know that we are not just serving a local market, we actually want to serve the global market, and that’s why I’m glad that consistently, for the past four years, I have kept up with the Zenith Tech Fair. I am sure 5.0 should be bigger and better than what we have today, but for us as a government, what we need to do is to continue to use platforms like this to reassure you of our readiness to provide an enabling environment for your ideas and innovative solutions.”

Described as a huge success by participants, the Fair featured the launch of the bank’s digital wallet, EazyByZenith, which will help to support the bank’s retail and financial inclusion strategy. The fair also included presentations on the leading technological innovations that cut across different aspects of life, such as Artificial Intelligence, Cybersecurity, Risk Management, Compliance, Financial Intelligence, Cloud Computing and Communication Technologies, with the keynote address, “Banking Transformation in a Digital World”, delivered by Robin Speculand, a renowned Strategy & Digital Implementation Specialist.

The event also featured goodwill messages by Jim Ovia, CFR, Founder and Chairman of Zenith Bank; His Excellency, Hon. Kashim Shettima, GCON, Vice President of the Federal Republic of Nigeria (represented by Dr. Tope Fasua, Special Adviser to the Presidency on Economic Matters). Other eminent IT practitioners from top global brands who also made presentations include; Robin Speculand, renowned Strategy & Digital Implementation Specialist; Danilo McGarry, Global Expert on Digital Transformation and AI; Jania Okwechime, Partner, Africa, AI & Data Leader, Deloitte; Rupert Nicolay, Director, Microsoft Worldwide Financial Services.

The panel session had Wole Odeyele, Client Technology Lead for Microsoft Inc. as its host, and featured six discussants including Ada Jabaru, Founder & Director, Nistad Limited; Funke Opeke, Founder & Chief Executive Officer, MainOne; Guy Futi, Chief Executive Officer, Orda; Dr Auwal Adam Sa’ad, Founder, ZamzamPay; Kashifu Inuwa Abdullahi, Director General, National Information Technology Development Agency (NITDA), and Engr. Bisoye Coker-Odusote, Director General/Chief Executive Officer, National Identity Management Commission (NIMC).

The Zenith Bank startup pitch competition and incubation program seeks to identify and fast-track the growth of high-potential Nigerian startups innovating in key sectors, including Embedded Finance, Cybersecurity, Fintech, HealthTech, Agritech, E-commerce, and more. The program provides an ideal platform for startups to showcase their groundbreaking ideas and gain access to invaluable resources to scale their businesses.

Continue Reading

Business

NEW BPP DG COMMITS TO EFFICIENCY AND STAFF WELFARE FOR IMPACTFUL SERVICE DELIVERY

Published

on

NEW BPP DG COMMITS TO EFFICIENCY AND STAFF WELFARE FOR IMPACTFUL SERVICE DELIVERY*

*_…begins review of bureau processes to enhance government procurement systems_*

The Director General of the Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, has outlined his vision to drive efficiency, enhance staff welfare, and reinforce the Bureau’s regulatory mandate in alignment with President Bola Ahmed Tinubu’s renewed hope mandate and his commitment to improving Nigeria’s economy. This was made known during an interactive session with staff of the Bureau at the State House Banquet Hall on November 20, 2024. Dr Adedokun emphasised the urgency of delivering results as well as improving trust in the government procurement system to support President Bola Tinubu’s Renewed Hope Agenda, declaring, “Let us work together to get value for money for Nigeria’s developmental processes and achieve President Tinubu’s mandate of making Nigeria’s economy better.”

Furthermore, in a bid to strengthen operational efficiency, the DG also announced key reforms, including introducing Service Level Agreements for the bureau’s processes ensuring that letters are treated within 3 (three) days, and ensuring reports are completed within 14 (fourteen) days. He also highlighted plans to secure a sustainable budget that would improve the working environment and provide better welfare for staff.

Dr Adedokun firmly stated the Bureau’s resolve to uphold its regulatory integrity under his watch. He warned that officers are prohibited from visiting Ministries, Departments, and Agencies (MDAs) unless on official assignments stressing the need for officers of the Bureau to stay above board. He further declared that contractors are no longer allowed within the Bureau’s premises to ensure that officers can perform their duties without undue interference and influence.

Calling for a collaborative approach, the DG urged staff to embody the Bureau’s regulatory values by adhering to procurement guidelines, avoiding delays, and striving for excellence. “As a regulator, you must be seen to be guided by the procurement process,” he stated. He assured the team of an open-door policy, encouraging innovative ideas that could propel the Bureau to greater heights.

The session also featured a visit from former DG, Engr. Emeka Ezeh, OFR, FNSE, who led the Bureau from 2009 to 2016. Engr. Ezeh commended President Tinubu for appointing Dr Adedokun and urged staff to provide their full support to the new leadership. He encouraged staff to focus on leaving a legacy of excellence, saying, “Work in a way that you will be celebrated wherever you go in life.”

Senior Directors, including Engr. Nasir Bello and Engr. Isaiah Yesufu reiterated the importance of supporting the DG’s vision while emphasizing adherence to the Bureau’s operational guidelines. Staff also welcomed the session, sharing their perspectives on improving the Bureau’s operations and pledging their support for the new leadership.

In a related development, Dr Adedokun sought collaboration with the Presidential Office of Digital Engagement and Strategy (PODES) led by its Head, Mr O’tega Ogra, who is also the Senior Special Assistant to the President on Digital/New Media, during a courtesy visit to his office on November 21, 2024. The DG emphasized the need to enhance the Bureau’s public engagement and visibility in line with the all-of-government communications approach being espoused by the PODES.

Mr Ogra congratulated Dr Adedokun on his appointment and highlighted the key role BPP plays in advancing Nigeria’s development agenda. O’tega further expressed his commitment to collaborating with the Bureau in amplifying its communication efforts and ensuring Nigerians understand and appreciate its critical role in national governance.

Dr Adedokun’s leadership marks a new chapter for the Bureau of Public Procurement, focused on accountability, efficiency, and impactful service delivery. His vision aligns seamlessly with the Federal Government’s goals of economic transformation and sustainable development as well as President Bola Tinubu’s renewed hope agenda.

Janet McDickson
Director, Information & Public Relations/Head, Media-BPP

Continue Reading

Metro

Woman nabbed for stealing infant during christening

Published

on

Woman nabbed for stealing infant during christening

Woman nabbed for stealing infant during christening

 

The Nasarawa State Police Command says it has arrested one Khadija Aliyu for allegedly stealing a seven-day-old baby girl during a naming ceremony in the Keffi area of the state.

This is just as the command also arrested an ex-convict, Hussaini Mohammed, for allegedly stealing motorcycles in the same area.

it was reported that  in a statement by the command’s Public Relations Officer, Rahman Nansel, on Sunday, that the suspect was arrested at about 6:30 pm on Saturday.

Nansel said the suspect had pretended to be pregnant and, while the christening was ongoing, she sneaked into the house and stole the baby who had been laid to sleep

 

She was said to have carried the baby on her back, covered her with a veil, and escaped before being tracked down by police operatives.

He said, “At about 6:30 hrs, police operatives attached to the Keffi Division arrested one Khadija Aliyu for stealing a seven-day-old baby girl during a naming ceremony in Keffi.

“The suspect, who had been claiming to be pregnant, attended a naming ceremony at Behind INEC office, Keffi.

 

“While the event was ongoing, she sneaked into the house, stole the baby that was laid to sleep, carried the child on her back, covered her with a veil, and escaped before she was later arrested.”

 

In another incident, Rahman disclosed that Mohammed was apprehended for allegedly stealing motorcycles in the same area.

According to the PPRO, Hussaini, who was recently discharged from a correctional facility, was apprehended during the investigation into a case of stolen motorcycles.

Nansel said, “During the investigation, three motorcycles suspected to be stolen items were recovered from the suspect as exhibits.”

He added that the Commissioner of Police, Umar Shehu Nadada, called on members of the public with cases of stolen motorcycles to visit the Angwan Lambu Division in Keffi with proofs of ownership and lay claims to the items.

PUNCH Metro reported in July 2023 that a 19-year-old woman from Ishehi Hamlet in Misau Local Government Area of Bauchi State was arrested by the police for allegedly stealing a newborn baby.

The suspect, Hajara Usman, had allegedly stolen the infant after conspiring with an 18-year-old man, Ibrahim Usman, of Dugurgama Hamlet.

 

The Bauchi State Police Command’s Public Relations Officer, Ahmed Wakil, said the suspect was arrested after a resident of the Galawa Area of Akuyam District in Misau LGA reported the incident at the Akuyam Police Outstation that his daughter’s newborn baby was stolen at about 4:30 am.

 

Continue Reading

Cover Of The Week

Trending