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Reps grill ministers over ports concessions Tuesday
The House of Representatives has summoned the Ministers of Blue Economy Gboyega Oyetola and his transportation counterpart, Saidu Alkali over alleged fraudulent concession of some ports infrastructure.
Also invited for questioning are the Managing Director, Nigeria Ports Authority, Mohammed Bello Koko; the Director-General of the Bureau of Public Enterprise, Mamman Ahmadu, as well as the Director-General of the Infrastructure Concession Regulatory Commission, Micheal Ohiani, among others.
The Chairman of the House Committee on Privatisation and Commercialisation, Ibrahim Hamisu (APC, Kaduna) issued the summons at a meeting with the seaport terminal operators in Abuja on Tuesday.
The lawmaker lamented the absence of the top government officials to explain their role in the concession of the seaport terminals.
The committee members expressed their displeasure at the alleged shady manner the concession process was managed which had allowed five companies to be operating for five years without renewal, thereby, leading to huge loss of revenue to the Federal Government.
He said, “They (ministers) must appear before the committee on March 12. We also want to assure that this committee would work very hard to make sure that this issue is over and to do that, you are to furnish the Committee with all the relevant documents through the Secretariat by Friday,” he said
He told the ports stakeholders that they were invited to the meeting to “discuss how best to address this prolonged renewal process because of the need to attract investments into our critical port infrastructure which is one of the major focuses of this administration.
He said, “From the brief we received from affected parties and the Ministries, Departments and Agencies involved in the process. We understand that as of today, what is outstanding in concluding the process that started over five years ago is the execution of the negotiated supplementary agreements for the respective terminals.
“That is why we invited all stakeholders to see how we can work together to quickly address this concern in national interest.”
Addressing journalists at the end of the meeting, Hamisu argued that there was a need to unravel why companies listed were still operating without renewal of the concession agreement.
“Some seaport terminals were given out on concession and five of them have expired. Some are from Lagos and some are from Port Harcourt. They were trying to see that their approvals were renewed in 2021.
“Somehow, this renewal was not granted to them, but they have been operating since then. So we deemed it fit to cross check and find out what the problem is.
“We decided to invite them, and all the stakeholders like the Ministry of Blue Economy, ICRC, BPP, and the Ministry of Transportation. After inviting them here today, unfortunately only the seaport terminal operators are here. We have discussed with them and they have one week within which the Minister of Blue Economy, MD NPA, BPP and ICRC should appear before this committee.
“They are to appear on March 12 by 10 AM so that we can discuss with them, see where the problem is and take action so that we can bring a lasting solution to the problem.
“The names of the affected seaport terminals are Port and Cargo Terminal, ENL Consortium Terminal C, ENL Consortium Terminal D, Josepdam Terminal and AMS Terminal. There are the five terminals whose concession period has expired and they have been operating illegally from 2021 to date and we want to investigate and see what the problem is and whoever is in charge of this, we will deal with him”, he warned.
Earlier in his ruling, the chairman had insisted that the Ministers of Blue Economy and Transport, others must appear before it next week Tuesday unfailingly.
When Oluwatosin Ajibade, popularly known as Mr Eazi, tied the knot with Temi Otedola, daughter of billionaire businessman Femi Otedola, many in Nigeria’s elite circles questioned why one of the nation’s most prominent families would give their daughter’s hand to a musician.
But at the couple’s white wedding in Iceland, Africa’s richest man, Aliko Dangote, provided an answer that silenced critics by confirming Mr Eazi as an entrepreneur with businesses across 18 countries on the continent.
Below is a list of Mr Eazi’s businesses, not known to many Nigerians.
1- emPawa Africa – Founded in 2018, emPawa is a talent incubation and music distribution platform that has helped launch stars like Joeboy. It provides mentorship, funding, and resources for up-and-coming artists across Africa.
2- Zagadat Capital – Mr Eazi’s venture capital firm invests in startups in tech, media, and entertainment. Notable investments include:
3- pawaPay – A pan-African mobile payments company.
4- Thrive Agric – an agri-tech startup connecting farmers to investors.
5- BetPawa – A popular online betting platform.
6- Street Banker – A financial inclusion project for underserved communities.
7- Choplife Gaming & Choplife SoundSystem – Expanding beyond music, Eazi launched Choplife Gaming in 2022, a pan-African lottery and gaming company. His Choplife SoundSystem blends music, events, and lifestyle branding into a cultural business model.
Although less publicised, the singer has confirmed investments in real estate projects across Nigeria and Ghana, as well as hospitality ventures linked to his Choplife brand.
Through Zagadat Capital, Eazi also holds stakes in several fintech firms driving financial inclusion across Africa.
Now married into one of Nigeria’s most influential families, Mr Eazi embodies a hybrid lifestyle — blending music, global entrepreneurship, and elite family life.
For him, business has never been secondary.
As Dangote hinted, music may be just the tip of the iceberg. With ventures spread across at least 18 African countries, Eazi is positioning himself not just as a musician, but as one of the continent’s most ambitious entrepreneurs.
And with his marriage to Temi Otedola, many say the couple may just become Africa’s new symbol of power, wealth, and influence.
News
2027 Election: “Tell Tinubu This”, – Primate Ayodele Sends Strong Warning To Tinubu In New Prophecy
Prophet Ayodele has consistently been in the news week in, week out. It is either he is releasing a fresh prophecy that’s gaining traction or a previous prohecy has just come to fulfilment and people are talking about it.
In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the present administration is full of wrong advisers who are pushing for irrelevant policies, and making good advisers enemies of the president.
The prophet warned the president against making good advisers his enemies, as it will lead to the end of his government if care isn’t taken.
“Tinubu’s administration is full of wrong advisers; they are turning him against his good advisers, and he will make them his enemies. He is creating enemies, and those whom he thinks love him would be his worst enemies.
“There are lots of irrelevant policies they are using to kill Tinubu’s government; these are policies that will build up massive protests against the government and division. He should do the needful; there are several irrelevant policies already, but the focus ought to be on what will make people happy. “
Primate Ayodele mentioned some things the president should focus on, and they include development and surplus for the people. He stated that road construction is good, but it’s not enough for the people.
He commended the president for his efforts on insecurity but urged him to do more.
“Tinubu should focus on development, on how to create surplus for the people. Road construction is good, but it’s not the only thing people need; he needs to look into other areas.
“On insecurity, he is doing well, but he should do more, activate forest security in order to end kidnapping. He should increase the salaries of national assembly members because it will turn the nation into chaos. He should also eradicate darkness, and not add more tariffs and taxes to basic things in the country.”
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.
In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.
“We’ve lost two games in a row, it’s not good enough, it’s way too bad,” he said, speaking to Viaplay in Norway. “We need to figure it out, get back to winning ways.
Pep Guardiola’s side are in the bottom half of the Premier League table heading into the clash having lost back-to-back matches against Tottenham and Brighton before the international break. Click link to continue reading.
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