General News
NIN-SIM Linkage: FG Gives Security Agencies Nod to Access Subscribers’ Details

Some security agencies have got an approval from the President Muhammadu Buhari, to access the database of the National Identity Management Commission (NIMC) the course of carrying out their duties.
As a result, Isa Pantami, minister of Communications and Digital Economy, said his office through the Nigerian Communications Commission (NCC), has conveyed the approval to the relevant security agencies.
He did not give the names of the security agencies. He, however, said the development would enhance security as it would help security operatives to go after kidnappers and other criminals.
According to Punch, Pantami disclosed this while speaking to Nigerian journalists on the sidelines of LEAP 22, a technology event, currently holding Riyadh, Saudi Arabia.
He said, “Some of the security institutions, based on the cybercrime law, are allowed to gain access to the database without coming to us because the database allows for lawful intercept. That lawful intercept was allowed in order to support our security agencies.
“Mr. President has given an approved for them to do it, without even our intervention. So, with that approval, the NCC has conveyed that through my office to all the relevant institutions that the President has granted an approval for that.
“So, with it, they can gain access into the database even without our permission, and they have never complained to me, even for once. The only person that wrote a letter to me is the Minister of Defence, asking that we should try to finish the NIN-SIM policy on time.”
The NIMC currently house the data of the over 73 million Nigerians who have linked their National Identity Number with their SIM.
The minister, however, said the NIMC was still struggling with infrastructure, salary and welfare challenges, among others.
He added that the government was struggling to pay salaries and implement measures to help the commission complete its job.
Pantami said, “If you look at the circumstances, NIMC is doing very well. Before my coming, what NIMC captured was just about 40 million, but now over 73 million have been done. We have achieved over 30 million within one year, while 40 million was achieved from 2007 to 2020.
“Secondly, about NIN-SIM registration, the Ministry of Communications and Digital Economy and the NIMC are not security institutions. We are a sector for economic development but we came up with the policy, because the priority of the government is security and it is a constitutional obligation of any government. It is in the 1999 Constitution as amended, Section 14 Subsection 2, Article B, it is our responsibility.”
The PUNCH had reported on January 12, 2022 that no fewer than 64 people were kidnapped between January 1 and 7, 2022.
According to StatiSense, a Nigerian data consulting firm, about 5,287 kidnapping cases were recorded in Nigeria in 2021.
The minister, however, lamented that despite possessing a total of 73 million NINs, no security agency contacted the NCC to provide any information that might help in tracking down kidnappers in the last six months.
President Buhari had during the launch of the National Policy for the Promotion of Indigenous Content in Nigerian Telecoms Sector and Revised National Identity Policy for SIM Cards registration said, “The NIN will cover one of the weaknesses in our security structure. We will be able to easily identify and know the personality of Nigerians. We will identify people easily, including the crooks.”
The Federal Government had in 2020 mandated the NIN-SIM linkage for every telecom subscriber.
Pantami said, “I was in the Federal Executive Council media team presentation last week and these same questions were also asked.
“I said to them, this is what we have been doing for security and the EVC/CEO of the NCC was next to me, just like now, and I asked him if there was any time that any security institutions contacted the NCC to provide details of anyone of which he failed; he said ‘no’. He said it had never happened since I became a minister.
“Secondly, in the last six months, did they ever contact you to provide any information of which you failed to do so? He said ‘no’. So, in the last six months, no one contacted us.”
Pantami, however, stressed that some security agencies recently got approvals from the President, Buhari, to bypass the NCC and the ministry, and access the database directly.
He explained that such ‘lawful intercept’ was allowed in order to support the security agencies.
General News
NCS to Launch Electronic System for Cash Declarations at Airports

Nigeria Customs Service (NCS) is set to introduce an electronic declaration system to streamline and enhance compliance for travelers carrying cash into or out of Nigeria.
Speaking in an interview with the News Agency of Nigeria (NAN) in Abuja, Abdullahi Maiwada, NCS spokesperson, emphasized that the initiative aligns with efforts to strengthen Nigeria’s anti-money laundering framework and reinforce financial regulations.
“The Nigeria Customs Service (NCS) has announced the deployment of an Electronic-Currency (E-Currency) declaration form as part of its anti-money laundering measures for travelers carrying cash into and out of Nigeria,” NAN reported. The system will require travelers carrying amounts exceeding the legal threshold to declare them before arrival or departure.
Maiwada further explained the process, stating, “We have developed a system where, even before leaving your point of origin, you can scan a QR code, access the form, fill it out, and we will be able to see it from here.”
He noted that the initiative, set for rollout soon, will enhance monitoring and facilitate information sharing with relevant authorities.
Under the Anti-Money Laundering (Prevention and Prohibition) Act 2022 and the NCS Act 2023, travelers carrying over $10,000 (about N15.4 million) or its equivalent in negotiable instruments must declare the funds to Customs authorities.
To boost awareness, the NCS is working with airline operators to inform travelers through onboard announcements and plans to reinstate signage at airports and border points in English and French.
The move comes as part of broader efforts to tighten financial controls following a recent case at the Murtala Muhammed International Airport (MMIA), where Customs officials seized $578,000 from a passenger attempting to evade currency declaration regulations.
General News
Aquaterra Energy Secures Multi-million-dollar well Intervention Contract with Intrepid Energy in Nigeria

Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.
Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.
The contract includes the supply of a complete seabed-to-surface intervention system and package, spanning from the subsea tree to surface intervention equipment.
Key components include Aquaterra Energy’s TRT tieback tooling, which provides production bore and annular access, a lightweight well pressure control system, and an ISO 13628-7 qualified open water intervention riser with an integrated tensioning system. In addition to equipment provision, Aquaterra Energy will also deliver ongoing offshore engineering support throughout the project.
The 7- 3/8” lightweight well access solution, has been specifically engineered for deployment from jack-ups and lift boats. This innovative approach offers a cost-effective and operationally efficient alternative to floating vessels, reducing intervention costs while maintaining high safety and performance standards.
Andrew McDowell, Delivery Director at Aquaterra Energy comments: “Our expertise in offshore engineering allows us to develop tailored intervention solutions that address the operational challenges of subsea well access.
This system has been engineered for efficiency, ease of deployment, and safety, helping IEL optimise intervention activities across Nigeria while reducing costs. By delivering a complete, integrated package, we are simplifying complex operations and enabling operators to maximise production potential.”
Engr Seun Alonge, CEO at Intrepid Energy Limited adds: “Working with Aquaterra Energy marks a significant step forward for our intervention operations in Nigeria. Their specialised technology enhances our ability to execute intervention programmes efficiently, maximising performance across our assets.
By combining Aquaterra’s technical expertise with our deep understanding of the local operating environment, we’re confident this collaboration will enhance production outcomes and create lasting value for our operations in the region.”
The project is set to support intervention operations over multiple years, with Aquaterra Energy providing ongoing technical expertise, with a dedicated team of engineers providing ongoing service support throughout the project.
George Morrison, CEO at Aquaterra Energy: “Delivering reliable and efficient well access solutions for shallow water subsea operations is central to how we support offshore operators.
This collaboration with IEL reinforces our commitment to providing cutting-edge engineering solutions that enhance efficiency and reduce operational costs. With West Africa playing an important role in the global energy sector, we’re proud to continue supporting its offshore industry with our expertise and innovative technologies.”
General News
FG Halts Controversial FRC Dues amid Industry Outcry

Federal government has temporarily suspended the controversial annual dues imposed on public interest enterprises by the Financial Reporting Council (FRC) after fierce opposition from businesses.
Jumoke Oduwole, minister, Industry, Trade, and Investment, announced the decision during a Ministerial Consultative Meeting in Abuja on Wednesday.
The move follows mounting pressure from private sector groups, including the Nigeria Employers’ Consultative Association (NECA) and the Manufacturers Association of Nigeria (MAN), who slammed the Financial Reporting Council (Amendment) Act 2023 for burdening companies with excessive fees.
The Act mandates cumulative annual charges for non-listed entities and imposes a harsh 10% monthly penalty on unpaid dues, compounding until full payment, a provision that sparked widespread backlash.
At the meeting, major industry players like NECA, MAN, the Nigerian Association of Chambers of Commerce (NACCIMA), oil producers, and telecom operators warned that the fees would cripple businesses already struggling in a tough economy.
Oduwole clarified the suspension, stating, “The government has decided to direct the Financial Reporting Council to pause in the implementation of the new annual dues. You know that I am a lawyer, and a suspension request by the organised private sector would be in contravention of legislation duly passed by the National Assembly. A pause is an administrative process simply to review, in line with what we discussed today.”
She assured stakeholders that the halt would last no longer than 60 days, with a technical working group—including FRC officials and private sector representatives—set up to reassess the policy.
“We are a listening administration. The private sector has requested a range from three months to an indefinite suspension. We are not going to do that. So, at the most, 60 days is in my estimate. We are going to set up a technical working group comprised of the FRC and the organised private sector who have formally written in, and this will be reviewed,” Oduwole emphasized.
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