News
NCC Re-affirms Commitment to ECC
Dr. Eugene Juwah, executive vice chairman, Nigerian Communications Commission (NCC) has reaffirmed the determination of the Commission to realizing the Emergency Communication Centres being established by the Commission in all the State capitals and Abuja FCT aimed at effective management of accident emergencies as well as collating information about various types of emergencies in the country.
Dr. Juwah disclosed this in Abuja when the executive members of the Road Transport Employers Association of Nigeria, RTEAN, paid a courtesy visit to the Commission in Abuja, he said the Commission has put up enormous resources to achieve this, given the critical roles that such centres will play in times of emergencies.
“NCC is very much involved in trying to redress the handling of emergencies in the country and in that regard, we are establishing thirty seven Emergency Communication Centers where emergency calls from different accidents will be received, dispatched to dispatch agents and the dispatch agents will contact the respective responsive agencies. We are going to include the police, road safety, fire service, ambulance and other agencies”, he said.
According to him, the centres will not only respond to emergencies, they will also collect and collate information about the various emergency situations so as to equip government to respond adequately, as such data collected over time will enable relevant agencies to respond more adequately”, he said.
Dr. Juwah said the Commission will support RTEAN very adequately in all its programmes aimed at curbing road accidents and other issues related to the safety of passengers on the Nigerian roads, including its plan to acquire ICT facilities such as computers to enable them discharge their responsibilities to members and the Nigerian public.
In what appeared as an endorsement of the Commissions’ efforts to establish a data bank for phone users in Nigeria through the registration of SIM Cards, the organization sort the assistance of the Commission in furnishing them with such computerized information that will contribute to the smooth management of passenger handling and passenger movements.
National President of RTEAN, Dr. Abubakar Sadiq said the union wishes to “to seek the partnership of the Commission, particularly in the area of information management as regard accident victims and data collection system in respect of passenger manifest for the purpose of sharing information with victim’s family.
“We observed that your Commission will be of great help to us in this direction, counting on your network and capacity”, he said.
Dr. Sadiq traced the history of the organization as a trade union to 1978, with a mandate to establish and protect the interest of all commercial transport operators, and owners in Nigeria whose vehicles are used for socio-economic activities as service providers in public transportation system in Nigeria.
RTEAN President also sought for the support of the Commission in sponsorship of media programmes in respect of safety campaign and advocacy materials in partnership with RTEAN and Federal Road Safety Commission, to raise the safety consciousness of road users and drivers during festive periods.
Dr. Sadiq who led representatives of RTEAN drawn from all parts of the country to the courtesy call, said the union operates democratic leadership and and is operational in the Thirty Six States of the Federation and FCT- Abuja with membership strength and population of about One Million spread across the six geo political zone.
Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.
According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.
He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.
Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.
Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.
Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.
“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”
However, Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.
Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.
“Forget about the senators’ lack of knowledge.
“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?
“If it’s a cash call, why hasn’t the disclosure said so?
“Which cash call is over 100 trillion?
“Something is definitely not right, and I hope they retrospectively correct that FS.
“Someone somewhere did a chef’s work,” he wrote on X.
PalmPay, Nigeria’s leading fintech company, has partnered with Globacom to launch the second edition of the “Recharge and Win Bonanza” campaign. The promotion, which runs from June 19th to August 8th, 2025, offers Nigerians the chance to win amazing prizes when they purchase Glo airtime and data via the PalmPay app.
According to a joint statement by PalmPay and Globacom, “A weekly live raffle draw will be held and streamed on PalmPay’s official social media channels throughout the campaign. Customers who make Glo transactions through the PalmPay app will be eligible to win prizes, including the iPhone 15 Pro, Infinix Hot 40, and other exciting items”.
To participate, interested customers can log onto http://bit.ly/PalmPaySms .
The statement added that all transaction above N500 gives participants an extra shot at winning, adding that daily social media challenges will also offer participants a chance to win cash prizes.
Additionally, PalmPay users can enjoy up to 6% cashback when they buy Glo airtime and data through the PalmPay app. As an added bonus, customers who have not subscribed to a Glo data plan in the last 90 days will receive a 100% bonus on their recharge during the campaign period.
Wayne Ruppel, Head of Billers at PalmPay Limited expressed excitement about the partnership, stating that, “This collaboration is a major step in our mission to deliver MORE – more support, more rewards, and more innovation to our customers.
Partnering with Glo, a leader in the telecommunications sector, is a testament to our shared commitment to improving everyday experiences for all Nigerians. We are excited to reward our users and encourage everyone to take full advantage of this exciting opportunity.
Globacom also expressed delight at creating additional value for its subscribers through unique customer-appreciation schemes.
“Our partnership with PalmPay on the “Recharge and Win Bonanza perfectly underscores our commitment to delivering exceptional value and experiences. Over the years, we have always sought innovative ways to enrich the lives of our customers. We, therefore, enjoin our subscribers to utilize the opportunity provided by the bonanza and enjoy the many benefits it offers”, the company stated.
PalmPay and Glo will collaborate throughout the campaign period to deliver exceptional customer experience, reward loyalty, and reinforce their shared mission to make digital transactions more accessible, rewarding, and secure for millions of Nigerians.
News
UK Reaffirms 99% Duty-Free Access for Nigerian Exports Under Developing Countries Trading Scheme
United Kingdom has reiterated its long-term commitment to strengthening economic ties with Nigeria, confirming that 99% of Nigerian goods will continue to enjoy duty-free access to the UK market under the Developing Countries Trading Scheme (DCTS).
Dr. Richard Montgomery, British High Commissioner to Nigeria
The announcement reinforces the UK’s intention to bolster sustainable trade with Nigeria, boost export competitiveness, and promote inclusive economic growth across both nations. Introduced in June 2023, the DCTS is designed to reduce tariffs and simplify export rules for developing economies. It currently benefits 37 African countries, with Nigeria being a key player.
Nigerian exporters are set to gain substantial advantages from the scheme, which allows over 3,000 products—ranging from cocoa, plantain, and shrimp to processed items like cocoa paste, palm oil, and cotton garments—to enter the UK duty-free or with reduced tariffs. This shift supports value addition in Nigeria’s export ecosystem, encouraging the move from raw to processed exports.
British High Commissioner to Nigeria, Dr. Richard Montgomery, said: > “Nigeria stands at the heart of the UK’s global trade ambitions. This isn’t just about improved market access—it’s about building a fairer, freer global trading system that supports economic growth and job creation, both in developing countries and in the UK.”
He further noted that through the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), the UK continues to work closely with the Federal Ministry of Industry, Trade and Investment (FMITI) to tackle export challenges and maximise opportunities under the scheme.
The DCTS aligns with broader UK efforts to expand trade relations across the globe, complementing recent agreements with nations such as India and the United States.
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