• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 17, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

FG plans 24-hr ports operations to ease congestion

Chijioke Kanu by Chijioke Kanu
March 18, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


*sets 10-year target for self sufficiency in sugar production

By Chesa Chesa

The Federal Government says it plans to commence 24-hour ports operations in order to resolve the challenge of congestion in Lagos ports.

This was disclosed by the Minister of Trade and Investments, Otunba Niyi Adebayo, at a press conference organised by the Presidential Communication Team at the Presidential Villa yesterday.


Commenting on efforts to decongest Lagos ports, Adebayo said “there are major challenges that are being encountered in the industry. One of the challenges is with clearing of goods.


“I am part of the ease of doing business. My ministry is in charge with the implementation of ease of doing business. 


“I am the Vice Chairman of the Presidential Ease of Doing Business Environment Council (PEBEC), which is under the chairmanship of His Excellency, the Vice President. 

“PEBEC has been doing a lot of work to try to improve the business environment in this country. And a lot of effort is going into trying to see what efforts can be made and what can be done to ease that particular environment. 


“The government is spending a lot of money on infrastructure, the road  to the port. Contracts have been awarded for scanning machines for the Customs to enable them clear goods more efficiently and quicker. Plans are underway for the port to operate 24 hours a day, seven days a week, so that they’ll be quicker movement of  goods.”


The Minister equally disclosed that the government was assessing the impacts of the ongoing Russia/Ukraine war on the nation’s economy.


Responding to question about the prevailing trade relationship between Nigeria and Ukraine, the Minister said “I can assure you that my Ministry is looking at all the issues involved. And since the war has come up, the trade department in my Ministry is looking at all the things that we import, and that we export to them with a view to come up with a policy paper, which we will be presenting to the President.”


Adebayo equally assured that the country would be self sufficient in sugar production and export same in the next ten years.


He said: “We’re looking at Nigeria being self-sufficient in sugar production in 10 years. We’re hoping and we believe with the programs that we have in place that within the next 10 years, we will be 100% self-sufficient in sugar, and not only that, we’ll be able to export  sugar produced in Nigeria.

Previous Post

2023: North East Business Community procures Presidential form for Atiku

Next Post

Former Governor Obiano, wife nabbed at MMIA

Next Post

Former Governor Obiano, wife nabbed at MMIA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
NCC directs banks to deduct USSD charges from airtime
Business

Social Media, key factor in exponential internet usage – NCC

by Hassan Tanko
August 17, 2025
0

*Internet subscription rose from 105m in 2018 to 142m in January 2025, it says The Nigerian Communications Commission (NCC) addressing Corps Members at...

Read moreDetails
Ethiopia, Nigeria partner to build African-made drones

Ethiopia, Nigeria partner to build African-made drones

August 17, 2025
Encomiums as Gov. Mbah, others pay last respect as legendary Christian Chukwu is buried

Encomiums as Gov. Mbah, others pay last respect as legendary Christian Chukwu is buried

August 16, 2025
FG arrests 2022 Kuje prison break masterminds, top Al-Qaeda leaders

FG arrests 2022 Kuje prison break masterminds, top Al-Qaeda leaders

August 16, 2025
NAF airstrike hits ISWAP enclave in Tumbuma Baba, Lake Chad axis, neutrialise scores of terrorists

NAF airstrikes eliminate 592 terrorists, destroy 372 assets in 8 months, says CAS

August 15, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng