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NPA, Dangote plan to deepen maritime industry growth, expand export operations

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…aims at $7m daily revenue through fertilizer export
The Nigerian Ports Authority (NPA) and Dangote Industries Limited (DIL) has set sights on the development of the nation’s Marine and Blue Economy sector, with plans to ensure expansion of Nigeria’s export operations.
Speaking on Monday during a courtesy call to the NPA headquarters in Lagos, President of the Dangote Industries Limited (DIL), Aliko Dangote explained that as the biggest customer to the NPA, it is important that the interaction between NPA and DIL is sustained.

According to the richest man in Africa, “We are here to thank the NPA for doing a great job, because as we speak today, we are the biggest or largest customer to NPA.

“I think this kind of interaction between us and them is very, very important for the growth of the industry. So, we discussed quite a lot of issues.

” We also discussed issues of how to deepen the Marine and Blue Economy of the nation. And we have agreed to actually work together for the benefit of Nigeria.

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“The size of our own operation at Lekki alone is going to be almost 240 ships of crude, with each ship carrying one million crude each. And then we’ll have products which now will amount to over 600 ships in a year.

“Then we also have our fertilizer operation, which will be loading almost eight ships. This is an operation that has never, ever been seen in the country.

“So, it’s a major challenge. But with the leadership of the NPA, we are very, very comfortable that they’ll be able to deliver.

“Our operations will sink if NPA doesn’t give us the services we will be needing for our operations. So, the NPA will be needing a lot of support from the Federal Government because they won’t be able to do these things with their own physical hands. They need equipment. They need more Tug Boats.

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“We will also be putting in some few words in necessary quarters to make sure that NPA gets all the necessary assistance from the Federal Government.”

In the area of export, Aliko Dangote explained that efforts are on to expand export products outside Nigeria.

“We will soon be massively expanding our export operations. For some of you that have been to our Cement factory in Itori, we’re already exporting cement out of Nigeria. We have a whole factory of six million tons for cement export.

“In the next couple of weeks, we will start exporting coal out of Nigeria. Our fertilizer export will be almost like eight cargos. The refinery operations will not export less than 25 million tons of various products.

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We will also be exporting almost about 600,000 to 700,000 metric tons of polypropylene. So when you are talking about export, we are going to be very big.
“In the next two years, we will be exporting almost about 16,000 tons of fertilizer.

When you talk about 16,000 tons of fertilizer, it’s actually about $6.5 million to $7 million revenue that will be coming into the country on a daily basis.

“With our export programme, our company will be the major supplier of foreign exchange earnings in Nigeria.
“So the operations of Nigerian ports will definitely double in the next one or two years.”

In his own remark, the NPA Managing Director/Ceo, Abubakar Dantsoho explained that Aliko Dangote has come to the Authority to show appreciation for the dividends of the Naira for Crude sale policy of the Federal Government.

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In the words of the NPA MD, “Alhaji AlikoDangote is here to show appreciation, especially regarding the establishment of the One Stop Shop policy on Naira for Crude deal, which is being coordinated by the Nigerian Port Authority.
“He’s here to appreciate that the initiative has contributed immensely to achieving a lot of efficiency in the area of the transactions and operations between Nigerian government agencies.
“This is something that started on the 1st of October last year 2024, and so far, we have treated or operated over 57 vessels every month. “The projected volume that Dangote was looking at per annum was 600 vessels. If you do 56, 57 vessels into 12 months, you will see that we are already doing bigger than what they projected. We will continue to do our best with support from government.
“If all agencies of government can collaborate and be on the same dashboard, then efficiencies in other sectors of the economy will also be witnessed.
“We’re happy that government has approved the National Single Window. We’re also happy that as of today, we are 95 percent ready for the Port Community System.”
On development of new ports, the Abubakar Dantsoho stated that, “There are two ways you can handle capacity improvement/expansion or deepen port capacity. You can do it on a brownfield, which is, you renovate or rehabilitate existing ports; or on a greenfield, which is build new ports.
“The last time government built a new port in Nigeria was 1977, which was Tin-Can Island Port. There is already an approval for the port modernization of both Tin-Can and Apapa ports. We are hopefully looking at maybe third quarter of this year to commence construction. That is on the brownfield.
“On the greenfield part, like I said earlier, we have deep seaport development projects that has already been approved by Federal Executive Council. We have Ibom Port, we have Bakasi, we have Olokola, we have Ondo port, we have Badagry in Lagos.
“These are new ports that the government is concerned about. Very soon we’ll begin to see that these ports will become reality,” the NPA MD stated.

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Reps Move to Modernise Price Control Law, as Bill Pass Second Reading

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By Gloria Ikibah

The House of Representatives on Wednesday pushed forward sweeping reforms to Nigeria’s price control regime, as lawmakers approved key bills for second reading amid spirited debate on parliamentary procedure.

Leading debate on the Bill to amend the Price Control Act, Ahmed Munir, declared that the 1977 legislation had become obsolete and ineffective in the face of present-day economic realities.

“The original intent of the 1977 Act was global, to protect ordinary Nigerians from hoarding, price gouging and artificial scarcity. However, the mechanisms it put in place and the list of commodities it covered are completely out of sync with the economic realities of 2026.

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“As it stands today, the Price Control Act is blindly a dead letter law,” he said.

He criticised the existing penalties as “laughably low” and faulted the Act for failing to define essential goods in line with the needs of modern households.

He stressed that the amendment would not amount to a return to rigid price-fixing.

“While inflation has external and structural drivers, we cannot ignore the local menace of unscrupulous middlemen, artificial hoarding and predatory price-fixing by cartels, taking advantage of the vulnerability of our people. The current 1977 Act fails us in two major ways — obsolete penalties and vague and outdated definitions.

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“This amendment does not seek a return to archaic, heavy-handed price-fixing, which we know destroys businesses. Rather, it introduces a smart, balanced and realistic regulatory framework.

“This bill is not about suffocating the free market. It is about putting a civilised guardrail on it. It ensures that while businesses make legitimate profits, the desperate situation of our citizens is not weaponised against them by cartels,” Munir argued.

According to him, the proposal will “bring transparency to supply chains and give teeth to the regulatory bodies like the Federal Competition and Consumer Protection Commission”.

He urged colleagues to back what he described as “this vital, people-centred bill.”

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When put to a voice vote by the presiding officer, Speaker Tajudeen Abbas, the House unanimously adopted the motion and referred it to the Committee on Commerce for further legislative action.

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BREAKING: ‘Hope Is Here’: Reps Rally Support for State Police Ahead of Crucial Constitutional Vote On Thursday

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…as Deputy Speaker, Regional leaders declare House united on security reform

By Gloria Ikibah

The House of Representatives has intensified its push for the establishment of state police, declaring that lawmakers are prepared to take decisive legislative action to address Nigeria’s worsening security challenges.

Addressing journalists alongside zonal and caucus leaders of the House, Deputy Speaker Benjamin Kalu said the National Assembly was determined to complement the efforts of the Executive through constitutional reforms that will strengthen policing and improve response to insecurity across the country.

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The bill sponsored by Deputy Speaker Kalu and 14 other lawmakers, was passed on February 20, 2024, it seeks to transfer “Police” from the “Exclusive Legislative List ” to the “Concurrent Legislative List”, effectively empowering states to have state to have state-controlled policing.

It proposes 16 alterations to the constitution and introduces a comprehensive framework to ensure cohesion accountability,  and uniform standards between the federal police and state police.

The bill also seeks to establish State Police Service Commission as distinct from the Federal Police Service Commission with clearly defined roles and jurisdictions.

Kalu argued that while Parliament had continued to exercise its oversight powers by summoning security chiefs and government officials, lawmakers must also deploy legislative solutions to tackle the root causes of the nation’s security crisis.

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The Deputy Speaker noted that the House had always positioned itself as a platform where national challenges are debated and practical solutions developed through legislation.

He said: “When we say that security of lives and property is a primary purpose of government, what do the executive think that that particular section refers to? Does it consign the three arms of government? And if yes, what is the executive doing? While we call them to order as Parliament and as allowed by Sections 88 and 89 of the Constitution of the Federal Republic of Nigeria 1999 as amended, the question becomes, have we done our part in regards to the expectation of 88 and 89 as it consigns legislative functions?

“We have always referred to the Parliament, the House of Representatives, as the solution hub where hydra-headed problems of the country are presented and solutions given to them in security and legislative tool to cure it.

“Whilst we call the chief service chiefs to come and meet with us to dialogue, while we call ministries of finance, budget office and all the others, there is the need for us to use legislative tool to block the car.”

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Kalu praised members of the constitutional amendment committees and regional leaders of the House, describing them as the driving force behind the ongoing efforts to reform the nation’s security architecture.

“These men here are the real leaders of the House of Representatives who have been working night and day.

“When I mean night and day, I mean literally night and day.”
According to him, lawmakers have concluded that the current constitutional framework governing policing is inadequate to meet the security expectations of Nigerians.

“We have discovered that leaving the law as it is will not give us that expectation that all Nigerians have placed in the expectation basket with regards to curing the issue of insecurity.

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“Therefore, we decided to prioritise the issue of unbundling security-related problems, response time through the legislative tool of legislation, targeting policing”, he said.

He disclosed that consultations on state policing had attracted broad support from critical stakeholders, including the Inspector-General of Police, governors and the Executive arm of government.

The Deputy Speaker argued that constitutional provisions, particularly Section 214 and related clauses, would need to be amended to pave the way for state police.

“And we said as it is today, the structure which has been agreed to by the IGP and his team, national consensus has also arisen on it, the executive have bought into it, the governors have bought into it, that there is the need for state police.

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“The Constitution as it is, especially Section 214 and other consequential amendments in that particular Constitution, would not birth the state police that will guarantee what we’ll be looking for in the space of security.”

Kalu revealed that the House will move to vote on the constitutional amendment proposals, with state police placed high on the agenda.

He added that the announcement was intended to reassure Nigerians that lawmakers across the six geopolitical zones and the Federal Capital Territory were united in support of the proposal.

“So we are here to announce to Nigerians that hope is coming, that hope to have a better response time to incidents of crime is here, that we have decided, do talk, that by tomorrow we’ll be voting on the Constitution and in that we’ll be prioritising state police.

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“This is us telling our supporters, our constituents across the nation, that your leaders are represented here, that the six caucus leaders, including the FCT 37, they are here, regional leaders and zonal leaders are here and all of us are together on this mission.

Dismissing reports suggesting that efforts were underway to frustrate the proposal, the Deputy Speaker insisted that the House remained firmly committed to the reform.

“The Speaker has asked us to come and address Nigerians to assure them that hope is coming and there is nobody stopping us from going ahead with state police.
“We’ve read a lot of things on the news that people are trying to stop it. No, the Parliament is marching forward and by tomorrow we’ll be concluding on this”, he noted.

Expressing confidence in the next phase of the constitutional amendment process, Kalu said lawmakers expected strong support from state governors and Houses of Assembly once the proposal leaves the National Assembly.

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“This is what we have come to inform you that hope is here and by tomorrow state police will make it in our constitutional amendment.

“We are hoping that by the time we finish tomorrow it will be going to the states and because we have seen the body language of the governors of these 36 states, which is in support of state police, they will work hand in hand with their Houses of Assembly to ensure that it is returned back to Mr President for his assent as quickly as possible”, he added.

The Deputy Speaker also issued an urgent appeal to lawmakers currently carrying out oversight assignments across the country to return to Abuja for the vote.

“We’re also using this opportunity to invite our members who are currently handling oversight function across Nigeria. Let them cut it short and fly in. It’s an emergency situation.

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“They should cut it short and fly in tomorrow. We want all our members to be in the House so that will show our constituents that we are in support of state police and that security is priority on our list”, he said.

The proposed state police framework remains one of the most closely watched constitutional amendment initiatives before the National Assembly, with supporters arguing that decentralised policing will improve intelligence gathering, strengthen local security responses and help address the country’s persistent insecurity challenges.

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Blackout hits Abuja, Nasarawa, AEDC explains

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Abuja Electricity Distribution Company has announced an electricity outage in parts of the Federal Capital Territory and Nasarawa State.

AEDC disclosed this in a notice on Wednesday.

The disco said the outage is due to a technical fault on the transmission company of Nigeria (TCN) 132kV Apo – Karu – line 1.

Consequently, bulk electricity supply has been disrupted in areas in Abuja and Nasarawa, including in Karu, Nyanya, Jikwoyi, Kurudu, Orozo, Karshi, Mararaba, Ado, New Nyanya, New Karu Uke, Masaka, Auta Balaifi, Keffi, Nasarawa Toto, Akwanga, Nasarawa Eggon, and environs.

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The disco, however, assured electricity restoration.

“The technical team of the Transmission Company of Nigeria (TCN) is currently working to restore power supply around 3:00 pm today, 10th June 2026.

“We regret the inconvenience this may cause and appreciate your patience and understanding,” AEDC stated.

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