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Port Concessionaires Emptying National Treasury-NAGAFF
National Association of Government Approved Freight Forwarders (NAGAFF) has called for a review comprehensive review of agreements with concessionaires at the seaports with a view to determining their effectiveness.
NAGAFF said that absence of enabling laws to protect the nation’s interest during and after the 2006 seaports concession programme have turned the sector into a haven for capital flight.
It would be recalled that the federal government had embarked on the concession of its ports with expectations that the concession would boost socio-economic development.
Chief Eugene Nweke, president, NAGAFF however told Nigeria CommunicationsWeek that the concession is creating more problems than it is solving.
Nweke alleged that billions of naira are carried out of Nigeria daily while lamenting that the figures could not be estimated because certain government agencies are colluding with the concessionaires.
The NAGAFF boss decried the uncontrolled increase of cost of clearing goods at the nation’s ports occasioned by the concession regime, but without the needed efficient services by the port concessionaires.
“What spurs this capital flight is that the private operators must recoup the money they pay to NPA and NIMASA. Even the Central Bank of Nigeria (CBN) cannot estimate the amount lost. As at today, only the Nigeria Customer Service (NCS) can tell how much is made from the ports, but they will never tell the public the whole truth. The ports are dying. Our ports have turned open cheque for capital flight and the issue needs urgent attention,” he said.
Recently at a half-year Ministerial briefing, Senator Idris Umar, minister of Transport commended the port concessionaires for investing some $925 million in cargo handling equipments and terminals development between 2006 to March 2013.
Reacting to the Minister’s presentation, Nweke said, when compared with what obtains in other climes, it becomes a mockery, “let’s consider and borrow a leave from Weifang port (managed by the government of China), located in the Shandong province in China where the ports authority has concerted, signed to invest a whooping sum of USD$1.6 Billion to be expended in 3 yrs (2014 – 2017) just to raise its capacity to handle over 50 million metric tons (MT) of cargo per annum.
In a written response to the minister’s presentation, Nweke, stated that the clamour for the review of the ports Concession Agreements entered into with the private operators since 2006 depicts an urgency to right the inadequacies noticed in the agreements.
In the views of most port users, “the Nigerian Ports Concession experience appears to be nurtured mostly on a political interest rather than for the collective economic interest of the people”.
“A cursory look into the Concession Agreements entered between Bureau for Public Enterprises (BPE), the Nigerian Ports Authority (NPA) and different private port operators in 2006, speaks volume of an unstructured concession agreement that was hurriedly packaged, speedily concluded and signed into effect, without adequate consideration to evolving robust, prompt and sustainable economic benefits in the future.
“One major omission observed in most of the prevailing concession Agreements as structured by these Agencies of the Government, is the absence of a legal framework that would have ushered in and governed the regime of private ports operations, and the consequent effects of this omission continue to live with us, especially, the non-structuring of an official template for ports services tariff-settings and the non constitution of a commercial ports service regulator prior to or during the concession exercise,” he said.
Similar case with national networks as number of empty ducts, number of unutilized fiber, all underutilized due to no front end outflow” the ISPs said
ISPs argued that huge portion of ISP revenue goes towards Connectivity Charges and tower rentals, because, according to them international bandwidth rates are one of the highest in Nigeria compared to rest of the world, national long distance and metro network cost is exorbitantly high and tower rental cost is also much higher as compare to other developing countries because infrastructure providers have unique problems like power, theft and other security challenges.
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GEFAS Launches Tech-Driven Hub to Mobilize Youth for Soludo’s Re-election

Geeks and Founders Alliance for Soludo (GEFAS) on Thursday 17th July, 2025 unveiled its new office space in a significant event that further strengthens the group’s mission to drive Governor Soludo’s “everything technology, technology everywhere” vision across Anambra State.
The unveiling was performed by the Secretary to the State Government, Prof. Solo Chukwulobelu, who could not contain his excitement and amazement at the level of sophistication of the facility and the vibrancy of the young professionals and tech enthusiasts behind the initiative.
Prof. Chukwulobelu commended the GEFAS team for building such a dynamic platform, uniting diverse sectors under a common goal to support Anambra’s digital transformation and Governor Soludo’s re-election bid at the November 8 Governorship Poll, without requesting a dime from the government.
He noted that their efforts reflect growing youth support for his administration.
“Our goal is to secure victory in the upcoming election and continue delivering good governance to the people of Anambra. Anambra is APGA, and APGA is Anambra
There is no vacancy in Government House come November 2025,” he added.
He urged GEFAS members to remain steadfast and resilient in the face of opposition, adding that the government would collaborate with and complement GEFAS to ensure its vision is further integrated into governance for greater impact.
Also present to lend credence to the movement was the Special Adviser to the Governor on Political Matters, Dr. Alex Obiogbolu, who described GEFAS as a strategic and dynamic angle to the campaigns.
He lauded the initiative, stating that it exemplifies the power of digital tools in modern political campaigning and governance, and expressed optimism that a second term for Governor Soludo would unlock even more innovative solutions for Ndi Anambra.
In her remarks, Ms. Odili Jombo, a coordinator with GEFAS, shared the impressive results of the Alliance’s outreach so far.
She revealed that the GEFAS Call Centre, with its team of 21 dedicated agents, has already reached over 20,000 Ndi Anambra, gathering valuable insights on citizens’ sentiments about Mr. Governor’s performance and their disposition towards the upcoming elections, an experience she described, has recorded more positives than negatives.
She further announced that GEFAS will soon unveil a mobile WiFi bus, among other top-tier initiatives designed to change the campaign landscape and further position Anambra as a leading tech state.
The event was well attended by top government officials, members of the media, tech stakeholders, and other well-meaning Ndi Anambra, many of whom expressed amazement at what GEFAS has created and pledged unwavering support for them and Governor Soludo’s continuity at the November polls.
Explaining the passion behind GEFAS, the Convener and MD/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA, described the Alliance as a continuity-driven force working to align with Governor Soludo’s vision of moving Anambra from a departure lounge to a destination lounge.
“We believe that together, leveraging technology, we can drive the real change Anambra truly deserves,” he said.
With this milestone, GEFAS remains committed to driving technology-driven engagement that delivers practical impact and amplifies the Solution Government’s transformational strides.
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HCSF Describes Galaxy Backbone as a Strategic Partner in Civil Service Digitalization Reforms

In a significant move towards accelerating the Federal Government’s digital transformation agenda, the Head of the Civil Service of the Federation (HCSF), Mrs. Didi Esther Walson-Jack, paid a strategic working visit to Galaxy Backbone (GBB) Limited, Nigeria’s foremost ICT infrastructure and shared services provider.
The visit, which took place at GBB’s National Shared Services Centre (NSSC) and Corporate Headquarters in Abuja, forms part of the HCSF’s efforts to deepen collaboration and assess the technological infrastructure supporting the government’s ongoing digitalisation reforms across Ministries, Departments, and Agencies (MDAs).
Accompanied by the Permanent Secretary of the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), Mr. Adeladan Rafi’u Olarinre, and a delegation of Permanent Secretaries and Directors from the Office of the Head of the Civil Service, the visit featured an extensive tour of GBB’s cutting-edge Digital Infrastructure facilities. These included its Network Operations Centre (NOC), Security Operations Centre (SOC), and Uptime Institute Certified Tier III Data Centre; all built to ensure a secure, scalable, and sovereign digital infrastructure for Nigeria’s public sector.
In his welcome address, Mr. Adeladan Rafi’u Olarinre described Galaxy Backbone as a critical institution under the supervision of FMCIDE, tasked with providing the nation’s core digital infrastructure and shared ICT services. “Today’s visit is an important opportunity to showcase the significant progress GBB has made in building the infrastructure necessary for a truly digital government,” he said.
“I believe this engagement will foster stronger alignment and collaboration between MDAs and GBB as we move towards a more connected and efficient public service.”
The Managing Director/CEO of Galaxy Backbone, Professor Ibrahim A. Adeyanju, expressed appreciation for the visit, noting its alignment with GBB’s mandate to support Nigeria’s digital transformation goals.
“A visit of this nature by the Head of the Civil Service is highly symbolic,” he remarked. “It reinforces the central role that the Civil Service plays in national development and highlights the importance of strategic ICT infrastructure in driving effective governance.”
He went on to emphasize that GBB’s mission to design, build, and manage Nigeria’s digital infrastructure aligns seamlessly with the Civil Service’s digital reform agenda.
“Our platforms; including the 1Government Cloud, GovMail, and our extensive fibre optic network present in 28 states, are designed to support a digitally enabled, secure, and efficient government,” Prof. Adeyanju added.
He also called for greater collaboration with the Office of the Head of Service to drive the adoption of GBB’s infrastructure, particularly the fibre optic connectivity already terminated at Federal Secretariat buildings across 28 states of the country. He further appealed for support in expanding Local Area Networks (LANs) in the Federal Capital Territory (FCT) secretariat buildings to integrate more MDAs into the digital ecosystem.
In her remarks, Mrs. Walson-Jack commended the world-class infrastructure and strategic digital solutions developed by Galaxy Backbone, stating that her perception of the agency had been greatly enhanced following the tour.
“This visit has opened my eyes to the enormous potential and capacity that Galaxy Backbone brings to Nigeria’s digital journey,” she said. “I now see GBB not just as an ICT agency, but as a strategic partner in the realisation of our dream to build a modern, agile, and paperless civil service.”
She specifically praised GBB’s support for the “War Room” initiative, the widespread deployment of GovMail — currently serving over 34,000 civil servants, and the agency’s high-speed fibre connectivity provided during the 2025 International Civil Service Week hosted by her office.
Reaffirming her office’s commitment to achieving a fully paperless civil service by December 31, 2025, the Head of Service expressed optimism that this goal is attainable with stronger collaboration and technical support from GBB.
She also highlighted several strategic areas where partnership with GBB is critical, including:
- Full implementation of the 1Government Cloud to host and manage MDA operations.
- Adoption of an Enterprise Content Management System (ECMS) to streamline records and workflow automation across MDAs.
- Synergy between the 1Government Cloud Academy and the Civil Service Academy to enhance capacity development.
- Training and onboarding of civil servants on innovative tools such as Service-Wise GPT – Nigeria’s AI-powered platform designed to transform public service delivery.
Mr. Mohammed Ibrahim Sani, Executive Director of Finance and Corporate Services at GBB, in his vote of thanks, expressed deep gratitude to the Head of Service and her delegation for taking the time to visit and engage with the team. He reiterated GBB’s unwavering commitment to partnering with all stakeholders to deliver inclusive, resilient, and forward-looking digital solutions for the Federal Government.
News
Festive Seasons Trigger 400% Spike in Livestock Prices Across Nigeria’s North East — Moniepoint Study

A new study by Moniepoint Inc., Africa’s leading financial technology company, has revealed that livestock prices in Nigeria’s North East markets surge by up to 400% during festive seasons, driven by high demand from cities like Lagos, Port Harcourt, and Onitsha.
The report, which focuses on informal market dynamics in Borno State, shows that traders at Kasuwan Shanu in Gamboru dispatch an average of 50 trucks daily during peak periods such as Eid al-Adha and Christmas, with goat prices rising by 400–470% and rams by over 230%.
Beyond seasonal spikes, the study highlights a shift toward investment-minded trading, where livestock is raised in advance to boost resale value. This approach is helping traders build more stable and profitable businesses, despite the region’s history of conflict and economic volatility.
Key findings include:
- 51.2% of traders source goods from Maiduguri, reinforcing its role in Nigeria’s food supply chain
- 45% of traders now accept digital payments, with mobile transfers and POS usage rising sharply since the 2023 cash crunch
- Informal credit and trust-based transactions remain dominant, often conducted via phone calls and voice notes, without formal contracts
Moniepoint CEO Tosin Eniolorunda said the company’s tools are helping bridge long-standing gaps in access to finance: “This shift isn’t just tech-enabled — it’s structurally impactful. We’re helping build an economy where everyone can participate.”
The study joins Moniepoint’s growing portfolio of thought leadership on Nigeria’s informal economy, following previous reports on Onitsha Market, community pharmacies, and women-owned businesses.
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