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Six Land Borders Have Been Opened — Customs

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Not all of the nation’s borders have been reopened, according to acting comptroller general of the Nigerian Customs Service (NCS), Wale Adeniyi.

He clarified the matter on Tuesday after meeting with President Bola Tinubu at the Aso Villa and addressing to state house reporters.

In an effort to reduce smuggling and increase domestic rice production, the country’s former president Muhammadu Buhari closed all land borders in August 2019.

Buhari commanded the immediate reopening of four land borders on December 6, 2020.

Speaking on the subject, Adeniyi noted that although a few strategically important crossings were reopened in 2022, a review is presently being conducted to determine the goals of the closure.

“Well, it is not true that all Nigerian borders have been opened. The status quo ante still exists in the borders. If you remember that the borders were completely shut down in 2018 up until 2022 when some selected strategic borders were reopened, that is still the situation as we speak,” he said.

“And this was why we had an ad hoc arrangement of a special unit coordinated by the office of the NSA (national security adviser) to enforce that border closure. But as we speak, about five of them have been reopened.

“Four were initially reopened and two more were opened after that. And that is still the situation. There are ongoing processes to review this situation against the objective of the border closure itself.

“And the processes are not yet completed. And of course, when the borders are reopened, it’s not going to be subject of rumour in any way.”

The acting comptroller-general said there are plans to visit the Republic of Benin to engage with the country’s customs administration as part of efforts to enhance border security and regional integration.

“The aim of the visit is to foster collaboration, address border security concerns, facilitate importation across the border, and explore technological solutions to complex border challenges,” he added.

‘Eradication Of Fuel Smuggling Might Take Time’

Addressing the issue of fuel smuggling despite the removal of the petrol subsidy, Adeniyi acknowledged that complete eradication may take time.

He said some border areas have reported seizures of fuel, adding that the rate of smuggling has considerably reduced.

He expressed hope that ongoing policies being implemented by the current administration would “completely” eliminate fuel smuggling across borders.

“Well, sometimes we just want to assume that because of the subsidy, the problem will evaporate one day. So the sense I was trying to create was that it might take some time before the issue of smuggling of fuel across the border will completely dissipate,” he said.

“So in some border areas, we had reports of seizures of fuel and that is what we heard. So it was the assumption generally, that because the fuel is now sold at N500 per litre it will be a disincentive for smuggling.

“But contrary to that, we have seen that they are smuggling it across the borders. The rate at which this is being smuggled has reduced considerably.

“And it is our hope that by the time we mix some of these other policies that government is working on, it will completely eliminate the problems of smuggling of fuel across borders.”

BIG STORY

BREAKING: Nigeria’s Inflation Rate Drops To 23.18%

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The National Bureau of Statistics (NBS) has reported a decrease in Nigeria’s inflation rate, which fell to 23.18% in February from 24.48% in January.

The announcement was made in the February 2025 Consumer Price Index (CPI) released by the NBS on Monday.

According to the bureau, the headline inflation rate in February increased slightly by “1.30% points when compared to the January 2025 headline inflation rate.”

The NBS stated:

“In February 2025, the Headline inflation rate eased to 23.18% relative to the January 2025 headline inflation rate of 24.48%.”

“Looking at the movement, the February 2025 Headline inflation rate showed a decrease of 1.30% compared to the January 2025 Headline inflation rate.”

On a year-on-year basis, the headline inflation rate was 8.52% lower than the 31.70% recorded in February 2024.

The NBS further noted:

“This shows that the Headline inflation rate (year-on-year basis) decreased in February 2025 compared to the same month in the preceding year (i.e., February 2024), though with a different base year, November 2009 = 100.”

Additionally, the month-on-month inflation rate for February 2025 was recorded at 2.04%.

 

More to come…

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BIG STORY

Rivers Assembly Accuses Fubara, Deputy Of Misconduct, Issues Notice

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The Rivers State House of Assembly has issued a notice accusing Governor Siminalayi Fubara and his deputy, Ngozi Odu, of alleged misconduct.

A total of twenty-six members of the assembly made these allegations against Fubara in a notice submitted to Speaker Martin Amaewhule on Monday.

According to the lawmakers, their actions are based on “Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other existing laws.”

They accused Fubara of various offenses, including unconstitutional and reckless spending of public funds, hindering the Assembly’s activities, and appointing individuals to government positions without undergoing the required screening and confirmation.

Additional allegations include withholding salaries, allowances, and funds designated for the Rivers State House of Assembly, as well as blocking the salary of Clerk Emeka Amadi.

The lawmakers also accused Deputy Governor Ngozi Odu of “conniving and supporting the illegal appointment of persons to government positions without the required screening and confirmation.”

After receiving the notice, Amaewhule forwarded it to Fubara, stating that the allegations had been brought forward by “not less than one-third (1/3) of the membership of the Rivers State House of Assembly.”

He then urged the governor to respond to the allegations, citing Section 188(3) of the Constitution, which states, “Within 14 days of the presentation of the notice to the Speaker of the House of Assembly (whether or not any statement made by the holder of the office in reply to the allegation contained in the notice), the House of Assembly shall resolve by motion, without any debate, whether or not the allegation shall be investigated.”

Amaewhule further advised the governor to take appropriate action and extended his “esteemed regards.”

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BIG STORY

BREAKING: Lagos Court Orders Oba Otudeko To Appear For ‘N30bn Fraud’ Trial

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The Federal High Court in Lagos has instructed Oba Otudeko to appear before the court and enter a plea in response to the charges filed by the Economic and Financial Crimes Commission (EFCC).

The directive was issued on Monday by Justice Chukwujekwu Aneke.

The EFCC had previously filed a 13-count charge against Otudeko and three others over an alleged N30 billion loan fraud.

During the proceedings, the judge ruled that Otudeko must take his plea before the court could address an application contesting its jurisdiction in the matter.

The case has been adjourned to May 8.

 

More to come…

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