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Maritime workers decry delay in licence renewal for terminal operators

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Maritime workers under the aegis of the Maritime Workers Union of Nigeria (MWUN), have expressed disappointment over the continuous delay in the renewal of concession agreement of the terminal operators at the nation’s seaports.

President, MWUN, Adewale Adeyanju, who made this known at the 2024 Dockworkers’ Day organised by the Shipping Correspondents Association of Nigeria (SCAN), in collaboration with the Maritime Workers Union of Nigeria (MWUN), in Lagos, said the workers were determined to see the signing of the licenses which had been long overdue.

He appealed to the federal government to ensure that the agreements were signed as soon as possible, as this was currently impacting on operations at the seaports.

Adeyanju said: “We want to see the renewal of the licenses of terminal operators. There are a lot of dividends that we are getting from giving us responsible terminal operators. Why are you delaying the signing of their agreements?

The workers are now warming up, because they are worried about what is happening to their employees.”

Source: Daily Trust

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What You Should Know About Boats Building And Why It’s Profitable

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For thousands of years, people have been using boats as a means of traveling, trading, and even for sports on water.

But how are boats built? What are the raw materials and tools for building boats? Again, how long does it take to build a boat, and what of the apprenticeship scheme?

Mr AGOSU MATTHEW, a local boat (also called canoe) builder at Badore waterfronts fishermen’s settlement,  Ajah Town in Lagos State, shares the answers with our Editor, Franklin Ocheneyi.

Happy reading:

Tell our readers about yourself.

My name is Agosu Matthew. I am a skilled boat builder. What motivated you to go into building boats?

First, I started as a fisherman. As time passed, I thought deeply about what else I could do to enhance my income from the fishing business.

I consulted with some of my co-fishermen. They advised that I go into boat building, which is an extension of the business.

How long have you been building boats?

I started 25 years ago.

It took me 14 years to acquire the skills, up to 2013, when I graduated from my master.

What are the tools for boat building?

The traditional tools include hammer hammer, axe, nails, Cutlass, and scissors, etc.

What about the woods?

We use the following woods: Opepe, Eru, Agboin, Afara, and parateru

Where do you get these woods?

Makoko at Lagos Island, and Itamagba sawmills market at Ikorodu.

How many pieces of wood make a boat?

It depends on the size of the boat.

For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood.

The small boat takes between 6-7 pieces of wood.

How long does it take to build a boat?

Mr Agosu Matthew at work with his apprentice.

Again, it depends on the size of the Canoe.

Big boat takes up to two weeks if it’s only me working on it without the support of my apprentices, and if I don’t allow other things to distract me from the work.

However, if I have enough hands, it makes the construction faster and the work can be done in seven days.

What are the challenges of the business?

There are many challenges. One of them is getting the modern tools.

I rent those tools we don’t have and because of the pressure to return them within a specific hours, it slows down the pace of the construction and the timely delivery of the project.

Nevertheless, with the introduction of modern tools, the training patterns have changed. So, if an apprentice is humble, focused, brainy, and sharp, he can use four years to acquire the skills.

How is the boat market, in terms of patronage?

An aerial view of the community/ Ohi baba.com image.

People come to buy, or place orders when their boats is spoiling.

These locally made boats last for five years before spoiling.

Sometimes, we sell two boats in a month. The price of a boat is costly. We sell the big boat at N500 thousand, while the small one goes for N300 thousand.

How long does it take to learn the work?

As I said earlier, it took me 14 years to learn under my Master’s.

It took me that long because I had no financial support from anyone.

Nevertheless, with the introduction of modern tools, the training patterns have changed. So, if an apprentice is humble, focused, brainy, and sharp, he can use four years to acquire the skills.

Last, do you have an association for boat builders?

Yes; we have an association at Ikorodu. I belonged to the association ( That’s my membership ID card). The association has a lawyer, and if any challenge should arise, our chairman is the first person to know.

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BREAKING : FCCPC Wins $220million Case Against Meta (Facebook & WhatsApp)

While expressing delight at the landmark judgement, FCCPC Executive Vice Chairman/CEO, Mr. Tunji Bello, thanked the Commission’s legal team for their exceptional diligence and forensic skills in assembling evidence and marshalling their argument.

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Friday, April 25, 2025:

The Competition and Consumer Protection Tribunal today delivered its judgment in the appeal filed by Meta Platforms Incorporated (Facebook) and WhatsApp LLC against the Federal Competition and Consumer Protection Commission (FCCPC), affirming the Commission’s authority and actions in nearly all the contested issues.

The Tribunal specifically determined that the Commission complied with prevailing laws, discharged its mandate, and exercised its powers within the confines of the 1999 Constitution (as amended).

It ruled that the multiple actions by WhatsApp and Meta, for which the Commission made findings of violations, were correctly identified, and that the Commission did not err in making those findings.

In addition to upholding the major aspects of the FCCPC’s Final Order, the Tribunal awarded the sum of $220 million against Meta Platforms Incorporated and WhatsApp LLC as an administrative penalty, and further awarded $35,000 to the FCCPC as cost of investigation.

The tribunal’s three-member panel was led by Honorable Thomas Okosun.

WhatsApp and Meta’s legal team was led by Professor Gbolahan Elias (SAN) while the FCCPC’s legal team was led by Mr. Babatunde Irukera.

Both teams had made their final arguments on behalf of their respective clients on January 28, 2025.

The FCCPC had on July on July 19, 2024, issued a Final Order imposing a $220 million administrative penalty after concluding that the companies engaged in discriminatory and exploitative practices against Nigerian consumers.

The investigation started in 2020.

The case arose from a 38-month joint investigation initiated by the FCCPC and the Nigeria Data Protection Commission (NDPC) into the conduct, privacy practices, and consumer data policies of Meta Platforms and WhatsApp.

Dissatisfied with the Order last year, Meta and WhatsApp appealed to the Tribunal, challenging both the legal basis and the findings of the Commission.While ruling on Meta’s appeal, the Tribunal also validated the Commission’s investigative procedures and processes.

The Tribunal resolved Issues 1 to 7 largely in favour of the FCCPC, dismissing the appellants’ objections to the Commission’s findings, orders, and legal competence.

The FCCPC had on July on July 19, 2024, issued a Final Order imposing a $220 million administrative penalty after concluding that the companies engaged in discriminatory and exploitative practices against Nigerian consumers.

One of the central issues (Issue 3) which alleged a breach of fair hearing, was decided in favour of the Commission, with the Tribunal affirming that the FCCPC fully discharged its quasi-judicial responsibilities by affording the appellants ample opportunity to respond.

The Tribunal found no violation of constitutional due process.On Issue 4, which questioned the Commission’s powers in matters of data protection and privacy, the Tribunal held that the FCCPC acted within its statutory mandate, reaffirming its authority under Section 104 of the FCCPA to regulate competition and consumer protection even in regulated industries.On Issue 5, which challenged the Commission’s findings regarding Meta’s privacy policies, the tribunal also resolved in the FCCPC’s favour.

The Tribunal found no error in the Commission’s conclusions and held that the privacy policy in question did, in fact, offend Nigerian law.While Issue 7 was largely resolved in favour of the Commission, the Tribunal set aside Order 7 of the Commission’s Final Order, stating that it lacked sufficient legal basis.

While expressing delight at the landmark judgement, FCCPC Executive Vice Chairman/CEO, Mr. Tunji Bello, thanked the Commission’s legal team for their exceptional diligence and forensic skills in assembling evidence and marshalling their argument.

He restated FCCPC’s unwavering commitment to not only championing the rights of Nigerian consumers but also ensuring fair business practices in the country in accordance with FCCPA (2018) and consistent with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

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Dangote Accepts World Bank’s Appointment

The World Bank announced Dangote’s appointment on Wednesday as part of a broader expansion of its Private Sector Investment Lab, which now enters a new phase aimed at scaling up solutions to attract private capital and create jobs in the developing world.

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The President and Chief Executive of the Dangote Group, Aliko Dangote, says he has accepted his appointment to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging economies.

In 2023, the Prime Minister of Canada, Mark Carney, co-chaired the Private Sector Investment Lab, which focused on attracting £1 trillion in sustainable investment to support the energy transition in emerging markets.

In a statement confirming his acceptance, Dangote reaffirmed his commitment to fostering sustainable economic growth through private sector-led investment, noting the transformative potential of such initiatives in developing markets.

“I am both honoured and excited to accept my appointment to the World Bank’s Private Sector Investment Lab, dedicated to advancing investment and employment in emerging economies,” he said.

Dangote added, “This opportunity aligns with my long-standing commitment to sustainable development and unlocking the potential of developing economies.

Drawing inspiration from the remarkable successes of the Asian Tigers, which have demonstrated the power of strategic investment and focused economic policy, I am eager to collaborate with fellow leaders to replicate such outcomes across other regions.”

The World Bank announced Dangote’s appointment on Wednesday as part of a broader expansion of its Private Sector Investment Lab, which now enters a new phase aimed at scaling up solutions to attract private capital and create jobs in the developing world.

Joining Dangote in the elite group are the CEO of Bayer AG, Bill Anderson; the Chair of Bharti Enterprises, Sunil Bharti Mittal; and the President and CEO of Hyatt Hotels Corporation, Mark Hoplamazian.

(PUNCH)

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