• About
  • Contact
  • Advertise
Tuesday, August 25, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria’s Speaker celebrates Sultan Abubakar at 70

    Nigeria: Troops intercept gun runners, rescue six kidnap victims in Zamfara

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    2027 Elections: SERAP urges INEC to publish political donation limits, party finances

    Taiwo, Ogun House of Reps Candidate Condemns Alleged Killing of Oniyiku, Calls for Police Investigation

    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

    Sokoto govt, lawmaker differ on safety measures as death toll in boat mishap jumps to 65

    NIGCOMSAT adopts performance system to boost service delivery

    Nigeria: FG moves NIGCOMSAT-2A, 2B acquisition, deployment to next phase

    NEPA, PHCN’s pensioners protest, demand release of N350b outstanding pension arrears

    Nigeria: Tambuwal warns against politicising insecurity, says bandits are criminals, not religious actors 

    Nigeria: Tambuwal runs to Defence Minister for urgent intervention on insecurity nightmare in the North

    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

    Northern senators flay bureaucratic delays in validation of State Police Bill following terrorist onslaughts on Adamawa, Sokoto

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister tasks NASENI, universities on building research-to-commercialisation pipeline to power N1trn economy

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    EFCC recoveries, unclaimed dividends, dormant funds will strengthen NELFUND – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister hails Tinubu on National Library revival after 18 yrs as FEC approves funds

    Nigeria: FG builds 34,800 bed spaces in 24 institutions to close gap

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister commences repositioning monotechnic, MBTE for transforming, technical, vocational training system

    Ondo: Aiyedatiwa appoints 32 permanent secretaries

    Ondo: Aiyedatiwa increases subvention to state-owned tertiary institutions

    ASUU laments poor implementation of 2005 agreement

    ASUU issues strike ultimatum as Kaduna varsity losses 200 lecturers

    UBEC challenges stakeholders on HOPE-EDU implementation

  • Health

    Nigeria eyes local production of cancer equipment by 2030

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria seeks African-led research, partnerships to tackle hepatobiliary cancers

    NAFDAC to enforce alcohol sachet ban by 2026

    NAFDAC to strengthen regulation of blood, blood product for public health safety

    Nigeria: Gov Abdulrazaq commends Tinubu’s hands-on approach as Eruku 38 regain freedom

    UN hails Gov AbdulRazaq’s strides on reproductive health, human capital devt.

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services expands holdings in Neimeth Pharmaceuticals with ₦312m share purchase

    Sanwo-Olu unveils roadmap for sustainable healthcare at Eko Health Convention

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria: FG approves institutional and financing framework to accelerate electrification of health facilities

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG establishes Autism Centres across geopolitical zones in a major reforms for autism care

    Ogun Health Commissioner confirms progress in curbing HIV, AIDS

    NACA seeks sustainable financing to safeguard Nigeria’s HIV response

    • Health and Fitness
  • Media
    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    EFCC, Edo Youth Affairs Ministry  collaborate against internet fraud

    Nigerian Press Council seeks involvement in EFCC’s anti-corruption fight

    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

    TikTok removes 4.8m violative videos in Nigeria in Q2 2026

    Beyond State Police: Why Nigeria must constitutionally insulate its institutions from executive interference

    GOCOP confirms Olisa Agbakoba to chair 2026 conference in Lagos

    Neptune Prime unveils Institute of Journalism, begins sale of application forms

    Neptune Prime unveils Institute of Journalism, begins sale of application forms

    UNESCO makes case for sustainable grassroot biodiversity conservation

    UNESCO appoints Odumosu as Focal Point for safety of Nigerian journalists

    Nigerians will no longer pay annual Digital Access Fees – NBC

    Nigerians will no longer pay annual Digital Access Fees – NBC

    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

    Nigeria: FCCPC investigates possible exploitation in airfare price

    Tinubu directs FCCPC to investigate alleged infringement against Nigerian media organisations

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Tinubu flags off reconstruction of Ibadan–Ijebu-Ode Road, approves Abeokuta–Ibadan dualisation

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Why Tinubu appoints Yari, Uzodimma to lead APC Presidential Campaign Council

    As Police confirm 46 bodies recovered in Sokoto boat mishap, Speaker Abbas, mourns, calls for safety on waterways

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria : FG, states, LGs to share ₦3.007trn revenue for July

    Geregu Power eyes N8.2b half year profit

    Geregu Power reissues recent information to NGX on new letterhead with current directors after WorldStage story

    CBN’s Hakama Sidi-Ali emerges Nigeria’s 2026 spokesperson of the year

    • Politics
    • Opinion
  • World
    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump expects payment for Strait of Hormuz control

    World: Seven MDBs pledge support to countries hit by middle east conflict  

    World Population Day: UNFPA urges investments in young people’s choices, future

    Is Russia immune to media scrutiny in Africa?

    Ukraine sets Russian refinery ablaze in fresh drone attack

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    NATO leaders to gather in Ankara, soothe tensions with Trump

    • Africa
    • America
    • Asia
    • Europe
  • Sports

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

    Cycling Africa takes over management of Cycling Lagos, Cycling Kano, unveils expansion plan across African cities

    Nigeria Professional Football Leaegue champions to get  ₦1b prize money

    NPFL boss wants Nigeria league to embrace commercial model to survive

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker hails Team Nigeria for sterling outing at Commonwealth Games

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Team Nigeria on outstanding performance at Commonwealth Games in Glasgow

    Spain beat Argentina 1-0 to win 2026 World Cup

    Spain beat Argentina 1-0 to win 2026 World Cup

    Lionel Messi inspires Argentina’s stunning late rally past England into World Cup final

    Lionel Messi inspires Argentina’s stunning late rally past England into World Cup final

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    World Cup: Spain beat France 2-0 to reach final

    Nigeria targets World Fencing Championships

  • Business
    Otedola’s interest in First HoldCo jumps to 26% as Calvados Global Services buys fresh 138m shares

    Femi Otedola close to mandatory takeover of First HoldCo, as WorldStage forecasts 51% controlling stake in 2027

    Tax Ombud, OGFZA partner to boost investor confidence, FDI

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Academy Press announces date, agenda for 62nd AGM

    Academy Press announces date, agenda for 62nd AGM

    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default

    Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default

    NIPR Lagos, Addefort set for 13th Lagos Public Relations Stakeholders’ Conference

    Sanwo-Olu, Kupoluyi, Neliaku, other distinguished speakers to headline 13th Lagos Public Relations Stakeholders’ Conference

    QEDNG Summit 2026 set for August 11 in Lagos

    Lagos, FirstBank, Zenith Bank back QEDNG Creative Powerhouse Summit 2.0

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria’s Speaker celebrates Sultan Abubakar at 70

    Nigeria: Troops intercept gun runners, rescue six kidnap victims in Zamfara

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    2027 Elections: SERAP urges INEC to publish political donation limits, party finances

    Taiwo, Ogun House of Reps Candidate Condemns Alleged Killing of Oniyiku, Calls for Police Investigation

    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

    Sokoto govt, lawmaker differ on safety measures as death toll in boat mishap jumps to 65

    NIGCOMSAT adopts performance system to boost service delivery

    Nigeria: FG moves NIGCOMSAT-2A, 2B acquisition, deployment to next phase

    NEPA, PHCN’s pensioners protest, demand release of N350b outstanding pension arrears

    Nigeria: Tambuwal warns against politicising insecurity, says bandits are criminals, not religious actors 

    Nigeria: Tambuwal runs to Defence Minister for urgent intervention on insecurity nightmare in the North

    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

    Northern senators flay bureaucratic delays in validation of State Police Bill following terrorist onslaughts on Adamawa, Sokoto

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister tasks NASENI, universities on building research-to-commercialisation pipeline to power N1trn economy

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    EFCC recoveries, unclaimed dividends, dormant funds will strengthen NELFUND – Minister

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister hails Tinubu on National Library revival after 18 yrs as FEC approves funds

    Nigeria: FG builds 34,800 bed spaces in 24 institutions to close gap

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister commences repositioning monotechnic, MBTE for transforming, technical, vocational training system

    Ondo: Aiyedatiwa appoints 32 permanent secretaries

    Ondo: Aiyedatiwa increases subvention to state-owned tertiary institutions

    ASUU laments poor implementation of 2005 agreement

    ASUU issues strike ultimatum as Kaduna varsity losses 200 lecturers

    UBEC challenges stakeholders on HOPE-EDU implementation

  • Health

    Nigeria eyes local production of cancer equipment by 2030

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria seeks African-led research, partnerships to tackle hepatobiliary cancers

    NAFDAC to enforce alcohol sachet ban by 2026

    NAFDAC to strengthen regulation of blood, blood product for public health safety

    Nigeria: Gov Abdulrazaq commends Tinubu’s hands-on approach as Eruku 38 regain freedom

    UN hails Gov AbdulRazaq’s strides on reproductive health, human capital devt.

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services expands holdings in Neimeth Pharmaceuticals with ₦312m share purchase

    Sanwo-Olu unveils roadmap for sustainable healthcare at Eko Health Convention

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria: FG approves institutional and financing framework to accelerate electrification of health facilities

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG establishes Autism Centres across geopolitical zones in a major reforms for autism care

    Ogun Health Commissioner confirms progress in curbing HIV, AIDS

    NACA seeks sustainable financing to safeguard Nigeria’s HIV response

    • Health and Fitness
  • Media
    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    Sanwo-Olu, Lai Mohammed, Gbenga Daniel to discuss 2027 elections, insecurity at 7th Freedom Online lecture

    EFCC, Edo Youth Affairs Ministry  collaborate against internet fraud

    Nigerian Press Council seeks involvement in EFCC’s anti-corruption fight

    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

    TikTok removes 4.8m violative videos in Nigeria in Q2 2026

    Beyond State Police: Why Nigeria must constitutionally insulate its institutions from executive interference

    GOCOP confirms Olisa Agbakoba to chair 2026 conference in Lagos

    Neptune Prime unveils Institute of Journalism, begins sale of application forms

    Neptune Prime unveils Institute of Journalism, begins sale of application forms

    UNESCO makes case for sustainable grassroot biodiversity conservation

    UNESCO appoints Odumosu as Focal Point for safety of Nigerian journalists

    Nigerians will no longer pay annual Digital Access Fees – NBC

    Nigerians will no longer pay annual Digital Access Fees – NBC

    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

    Nigeria: FCCPC investigates possible exploitation in airfare price

    Tinubu directs FCCPC to investigate alleged infringement against Nigerian media organisations

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Tinubu flags off reconstruction of Ibadan–Ijebu-Ode Road, approves Abeokuta–Ibadan dualisation

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Why Tinubu appoints Yari, Uzodimma to lead APC Presidential Campaign Council

    As Police confirm 46 bodies recovered in Sokoto boat mishap, Speaker Abbas, mourns, calls for safety on waterways

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria : FG, states, LGs to share ₦3.007trn revenue for July

    Geregu Power eyes N8.2b half year profit

    Geregu Power reissues recent information to NGX on new letterhead with current directors after WorldStage story

    CBN’s Hakama Sidi-Ali emerges Nigeria’s 2026 spokesperson of the year

    • Politics
    • Opinion
  • World
    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump expects payment for Strait of Hormuz control

    World: Seven MDBs pledge support to countries hit by middle east conflict  

    World Population Day: UNFPA urges investments in young people’s choices, future

    Is Russia immune to media scrutiny in Africa?

    Ukraine sets Russian refinery ablaze in fresh drone attack

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    NATO leaders to gather in Ankara, soothe tensions with Trump

    • Africa
    • America
    • Asia
    • Europe
  • Sports

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

    Cycling Africa takes over management of Cycling Lagos, Cycling Kano, unveils expansion plan across African cities

    Nigeria Professional Football Leaegue champions to get  ₦1b prize money

    NPFL boss wants Nigeria league to embrace commercial model to survive

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker hails Team Nigeria for sterling outing at Commonwealth Games

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Team Nigeria on outstanding performance at Commonwealth Games in Glasgow

    Spain beat Argentina 1-0 to win 2026 World Cup

    Spain beat Argentina 1-0 to win 2026 World Cup

    Lionel Messi inspires Argentina’s stunning late rally past England into World Cup final

    Lionel Messi inspires Argentina’s stunning late rally past England into World Cup final

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    World Cup: Spain beat France 2-0 to reach final

    Nigeria targets World Fencing Championships

  • Business
    Otedola’s interest in First HoldCo jumps to 26% as Calvados Global Services buys fresh 138m shares

    Femi Otedola close to mandatory takeover of First HoldCo, as WorldStage forecasts 51% controlling stake in 2027

    Tax Ombud, OGFZA partner to boost investor confidence, FDI

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Sanwo-Olu, Popoola, business leaders seek stronger communication and innovation at 13th Lagos PR Conference

    Academy Press announces date, agenda for 62nd AGM

    Academy Press announces date, agenda for 62nd AGM

    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default

    Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default

    NIPR Lagos, Addefort set for 13th Lagos Public Relations Stakeholders’ Conference

    Sanwo-Olu, Kupoluyi, Neliaku, other distinguished speakers to headline 13th Lagos Public Relations Stakeholders’ Conference

    QEDNG Summit 2026 set for August 11 in Lagos

    Lagos, FirstBank, Zenith Bank back QEDNG Creative Powerhouse Summit 2.0

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home Economy

FG to cut cost of doing business in Nigerian ports by 25% with National Single Window

by Boyo Akomo
January 28, 2025
in Economy, Maritime
0
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

WorldStage Newsonline–  The Federal Government of Nigeria has announced plans to implement the National Single Window (NSW) to reduce the cost of doing business in Nigerian ports by at least 25 per cent.

The Minister of Marine and Blue Economy, Mr Adeboyega Oyetola who disclosed this at a stakeholders’ forum on the establishment of the NSW in Lagos on Tuesday said that the implementation of NSW could enhance efficiency, therefore reducing these costs by at least 25 per cent.

The  World Bank had said that the cost of doing business at Nigerian ports could be up to 40 per cent.

This is higher than what is obtained in some West African countries and due to delays and administrative bottlenecks, leading to an estimated annual revenue loss of N2.5 trillion within the business community.

“By streamlining operations, improving transparency, and minimising delays, the system not only drives cost savings, but also strengthens overall trade facilitation.

“The cumulative impact across all areas include reduced costs, enhanced efficiency and greater transparency, ultimately contributing to the overall ease of doing business,” he said.

Oyetola, however, stated that the federal government had been prioritising multimodal connectivity to boost trade and reduce transportation cost.

According to him, the present administration is advancing multimodal connectivity by improving road, rail and inland waterway links to and from the ports.

The minister said that these improvements were targeted at reducing transportation costs, enhancing logistics and boosting trade.

Oyetola said that the ministry, in collaboration with the Lagos State Government, cleared the age-long Apapa – Tincan – Mile 2 traffic for landside operations and provided tugboats, mooring boats, pilot cutters, bollards, and fenders across all port locations for effective seaside operations.

“We maximised crane productivity and ensured a reduced transit time for vessels and trucks. These led to a reduction in both the vessel and truck turn-around times.

“The vessel turn-around-time went down from an average of seven days to an average of  five days, while truck turn-around-time went from an average of 10 days to a few hours.

“However, we are not resting on our oars, as our ultimate goal is to make Nigeria the hub of maritime in West Africa,” he said.

He also added that the ministry plans to revamp existing ports, with Apapa and Tin Can Island Ports as pilot projects, pointing out that the modernisation would address the aged facilities, nearing the end of their economic lifespan, which would enhance hinterland connectivity.

“We are also encouraging private-sector participation in developing greenfield ports and other infrastructure projects. Additionally, the NPA has acquired two state-of-the-art tugboats to strengthen its fleet, with plans to procure more marine crafts to boost operational efficiency,” Oyetola said.

He also stated that the ministry had commenced a strategic plan and modality by engaging its stakeholders on how best to establish a National Flag Carrier through a Private Public Partnership (PPP), noting that the initiative aims to generate employment, reposition the maritime sector and provide revenue streams for the government.

“Furthermore, arrangements for the disbursement of the Cabotage Vessel Financing Fund (CVFF) are being finalised to support the development of the shipping sector,” he added.

According to him, the implementation of the NSW project is a vital initiative to enhance trade facilitation in Nigeria.

The minister explained that the initiative would undoubtedly raise awareness and enlighten participants on the benefits of NSW as the Government continues to improve trade efficiency for the collective economic prosperity of all Nigerians.

“Today, we convene as partners in progress to explore how the implementation of the National Single Window system can streamline trade facilitation and catalyse the growth of our blue economy.

“The executive decision to implement the National Single Window system alongside the Port Community System (led by the Ministry of Marine and Blue Economy through the Nigerian Port Authority) marks a pivotal step.

“It demonstrates the government’s commitment to modernising trade processes and maximising the utilisation of our marine resources.

“Nigeria’s marine and blue economy represents an untapped gold mine of opportunities. It encompasses a vast spectrum of activities—from maritime shipping and fisheries to renewable energy and coastal tourism,” he added.

He cited that with an expansive coastline of 853 kilometers and a maritime area of over 46,000 square kilometers, Nigeria is strategically positioned to leverage these resources for sustainable economic growth.

“The marine and blue economy holds immense potential to contribute significantly to our GDP, create thousands of jobs, and drive regional and global trade.

“Despite its immense potential, the marine and blue economy faces challenges such as inefficiencies in port operations, bureaucratic obstacles and insufficient coordination among stakeholders, which have impeded its growth.

“Addressing these challenges requires an efficient, integrated, and secure logistics ecosystem—a goal that the National Single Window system is poised to enable,” he stressed.

The minister noted that the NSW initiative is a pioneering cross-government system, designed to streamline trade facilitation.

“It simplifies trade processes by enabling stakeholders to seamlessly coordinate trade-related transactions across multiple government agencies through a unified electronic platform.

“This digital transformation eliminates redundancies, reduces processing times, and ensures seamless coordination among government agencies and private sector actors.

“In essence, it is the bedrock for efficiency and competitiveness in global trade. Leveraging the implementation of a National Single Window for Nigeria in the trade industry, it aligns perfectly with our Renewed Hope Agenda,” he added.

Also, the Managing Director of Nigerian Ports Authority, Dr Abubakar Dantsoho, said that the implementation of NSW interconnects all stakeholders  in foreign trade and enables them to perform trade procedures on one platform.

He explained that it provides a comprehensive online environment for all governmental and business users such as importers, exporters, commercial banks, carriers, Customs, ministries and other government agencies to perform trade operations.

He said the single window operation is the global trade best practice for the electronic exchange of information relating to over 500 million TEU movements and billions of tonnes of cargo for sea, air and land transport modes.

“This concrete move by His Excellency, President Bola Ahmed Tinubu, to implement the NSW in Nigeria is pivotal to deepening the competitiveness of our Ports and position the good people of Nigeria to reap greater benefits from global trade.

“The purpose of the Port Community System (PCS) is primarily for Nigeria to comply with the dictates of the International Maritime Organisation (IMO), Convention on Facilitation of International Maritime Traffic (FAL).

“Its main objectives are to prevent unnecessary delays in maritime traffic, to aid cooperation between governments, and to secure the highest practicable degree of uniformity in formalities and other procedures,” he noted.

The minister noted that the NPA had been enlisted as the technical guidance of the IMO for the deployment of the Port Community System (PCS), which is the precursor to the NSW.

He further explained that upon the fulfillment of the requirements, Nigeria was admitted as a member of the International Port Community System Association (IPCSA) to join top-class ports in the region, like Tangier Med Port of Morocco, Ghana, Togo, Ivory Coast, Benin Republic amongst others.

“Furthermore, the Nigerian Ports Authority recognised the importance of Single Window and has planned and implemented its strategy and provided leadership within the Nigerian Ports Community.

“The Authority has taken a very proactive approach to embracing ICT technologies in implementing a number of its internal activities. This is due to the belief that cargo operations in our Ports cannot meet International Standards without the Port Community System.

“The National Single Window is a central piece in the modernisation of our trade facilitation, and the Nigerian Ports Authority, under the supervision of His Excellency, Alhaji Adegboyega Oyetola CON, Honourable Minister of Marine & Blue Economy, is fully committed to its successful implementation,” he added.

Tags: Adeboyega OyetolaNational Single Window
Boyo Akomo

Boyo Akomo

Next Post

Ondo, World Bank to revamp primary healthcare system with N13b investment

Buy Our Research Book

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.