Friday, March 9, 20U
THISDAY, Vol. 17 No. 6164, Page 25
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WORLD
.
As AT
RAT E S
i LOAN
OVER D RAFT 20.3040%
I
2012
i DEPOSIT/LENDING
18J419%' I _ _ ~ . ~ ...
-Mile. Nonnal Lending
2,
M A RCH
6.9JJ9%
ng • 'lID
no;
7.3274J,
7.31107...
, i
EXCHANGE .. RATE torn
I
)
N I56.MI
!
. . . . . Frid.y
Aviation Fuel Scarcity, Cost Hampers Lagos Regional Hub Status
I§;'.,.,,,, "'" "'.. "'" cm.r:
0(
~."""" rood ~ "'"""',~ ""
10 mal.t the MwuIa Mllhlrnmed ~ AIrport, ~. a 1~d1 hub. The R'It'tQ deYdoilfllCfll b. lellJ.:n.oJ !he un.:1I!nI:tJ\'C In ~ of !he r.:t u. II reo:uds .... SI:W;Q
million ~lk~ JlIISSmllrfJ..J ISIbc busIIOI .. 1he WcsI
Arnaa!llb IqIIIfI s.nc:.e die pMI "'ec:l. autllM:S Wtte m1broi1ed III ~ K"I'lrS of ~0I ....... 1Ud. koooo.llMkI A I. "'i11Ch ptcd up !he JlIlOCI and.m led 10 It.: ancdlatlOO of QUe dorratIc -.i IIVeI'I1IlIODaI npbydrairflD::S M.ny Iftd~ ~~ bWeYe dWi Ihl: l4O'MIpor1 should naw· r.tlIy be. hub fOf dlelUbrepon ~ t"IFl1'1 ~ ~ \\at and utmll/.fuca; wtuk the 0UlIry has !he hI~ number I'O( u tm'I:llcn In I 'Ie rqKJn .d abo I'CCXlf'(h the Iqhcst nwnbcr 01 (orl:t{!fI ancr-Ift 1tw).uT1m1 8u1 rnee amr" and ~ ~11I'CfWl autlllelo tnIYd 10 Acmt.. ~ 10 hi ...' ..... fud t - II ~ d~ ~ Iu In:WlJcalJ) !hey do .... 1"'....UC·!he produt1 So Ghann hu.~ tea.lmt a naruna/. IftIXIIQII 10 lomgn autlla III 'P*oftht 1JC11t.111 is a small moeO.cc wIth the l'kI KaIObaupon
So I(
~1tI'\
an
miNIl·
NI\IIDlU'I ~ 10
GI_
"'. . ""'" ,... rn.:cr 1r\/t'Ih:y wwIlI ~~ 10 hl\'C Ihn" IJIIIp optI...., d~ lIha.h ,.rll.-...aJ1y ~Ac:mla t..b Fonner ...."Id (,( ~ Imuons rt. VUJI" Nigcna {now /Ur r-<~I ....1 •• "'.... eonsuJun:. Nuilll Adam. (~ thM for
r--
I
Av~nON 11, ChillMU Eu
NiFlll 10 deYdop ooe fA lIS 1IrJOU. espI:CiaIIy the: Murt.Ia M INnned INI:fTUbOnaI Aupon,l..rtftoI. WlIO. hub. II nust IKUe
the prOOIemofJugh.JccAI (avl/llJOll fud) ~ lie QItI the ~ has to deal ",ith die 011 0IbaI thal l\;a!; ".-Ie N~ airports un:IIItJaClI~ bc:camIe cl av..... IUd CUM IrId denyq Or coontrylhc mal)' tIOOI1OfNI: baEfllS of t.Yq a hub wllh!he.nendanl busInesI: 1ftnIctIorl\. AIbm JaId IIollhoul (au pOCUlI of 1\"1lIIJOn fud.1....ap::8 aupon l r any aaport Ul NI!lCf\l would r£YI:I"devdop IOOJ' hub boc:Itde avail ItbIIJI)' of fud. ,,~ Caciilly ~ • WI qua oon 10 de\dopr"l • hub III IIOflIO t..Jse ~ nwtd
A.... 13lioo fuel pnce III Niscm 15 me hlg:hc:sI 01 MY coonuy II pnce III the world. and illS adl rull~ bcau5c Ihl1 wccl. the prod ua was dI for aImosI: N2OO00 F IIb1: .. 1..ago5 Dmdor GmcnU CJf the Nigena CIVil Avauon Aulhorny (NCAA). Dr l taro«! 0mtum1. dl!clmtd ... pIpt'f he 0IJI:e pre: tm.ro In l.apJ5 thai • Boel"' m ... hlCh IS !he nup' .mafl l)1lC VI tI!iIC m Nigcna.constlI1'IO 4119 hoaclfud Ln one how nlghli and • the cost 01 N ISO f"() this anounts 10 N*ll 1>10 Danur~n IWJtr:tI tha ~ has bCIcome Ibc ...dude ('( CItlOIIOmK' .,.,.1h .. " IPI To rum. MAvPlJOn 5UppOIU the a;JImleft'e of thiS counb)'. n M.ll'C !han )()) dady nlghu (or domrsoc opentJOnS. ITM.lI'C datly nlp..s (Of IIlII:fnIUonIIl opcmlOM Ind mon: o. 400 hebc:opk':r 'KII1~ 5Uf'JlOIUflIthe ~ .nd off 'Ihon: otI cpcr
than""
""",,'
l ie SlId NlgerMllfill1do Imk Vll'luaJly all nu.p
atJr:S;
with the
I~. OOIlmJemai cet~ of lap and the 011 elfy (l( Pm I bn:oun MA\UlJOn (uel. ",hIdlll1'OUl1lS for bet-...ecn 23 10 4() per cenI of Pit aa1 11~ 0JltrIlmI cosa. hM p i t up .rronom.cal.ly: he added
TO
TIME
Cusi{)ms Generates in N235.2bn from Apapa Port
I
I
MARITIME 8J Jolm I ..YJri
81 po" ~ lhe p&lormance for 2009 aT dr ~
UTlJI'f"'UIX'nl of 0Ya"
An anaIym
. . I'CYCakd ...
~
from
thd.h:5Um of N I18..!§S billion Wll!I a1so lad 10 hIM: been ruIIectcd in )'Ur 20 10. and
N129..817 binlOn .. 2009 Aa:udin& 10 Ihe .:om:anI.
n
In 2D II. the COImlaI1d midi: SC IZUres of vanous items
IncilKhn, ~
tuttles. rumuure. cU. used an, Irtlfi·
rial Jlo¥,as.lald ad new dr!ctrunICI. Pzcd CCf1JJ1IC tiles and to Ofi. C'OI'fI4WCId 10 the 64
somn::s"-* in 21) 10
The Duty P-.d Value (OPV) fer 20 J I __ puI
~ II.. .twln'!5
.NJ9.'. 10 dI1It of 2010 ",hid! SIOOd .. 717.234.oo.~
" Al: MiIruIrr off'rfrokwm R~. M". lJW:M,/ AbIIt.... ' lIIIINtkt. GMI) fVNPC.Mr.Awstilr Orrl_ and ~ Gmm.I. lhpartltWfJl fiw r~RnowTft, A 'r. ~~,~.r$ftllfor~i"dwai/itwI'""7
'Nigeria'll Be the Largest Cocoa Producer in 10 Years'
I
.KILOres.
the
aL'O I'CIOOIdod suc(:IS IllIhe QporI !IClCQ In 2D I I u al)Ol.lI 6bSDlO_98 mctnc UJntlc:$. 3,700 canom;. ~nand
l.386579.96kiq:lwnmrs.and 2{(J8,4-t.5j~ ..-e mem:s of l" dilT~ conwnoditJa wa"e oponr:d thruugh It5 cornma'" TIw:se IIIdudc l'OIU bcIni. ~~. ~ bwltt. ~mc
Wleds.
aJumtnlum rubber. palm
'"IOU. llnacr. konr'l. Iwd wood hIbiSCUS now.:n.
...,..,
chan:oa.I. COClOll.
~ nub - ' prutU.!Itd
I
AGRIC
-".
From }'tomi Akinsu)";
NI1423700:H2 Ttus, .xorUin! \J) Ibc SWI:mI:nI. stv.-cdln liI".o.l:malloll26
""~. Besides Ihc
"MJfO:~~
mlmenC , &'Ii wdlll.'i thI: pl\Wl' SUI of land and entlIJIInIC more: people 10 ., Il11O rocu.
~mnl
Eucuuve
fwthl:r.
lhe
DIrector
PJd !be _ end! ~ poduocr of ~ III !he woOd. One advanUI&e !he counIry lIM IMf GhalII d chat
'"Ni&£na
~y
l"l
",hUe we unly pruWt:al (rull pM IU. ~. aboUI 14 IUIC$ an: produI:uw ~ .....ah much IiU,W O WClICilllllldE neIf·
_
eM flllln.M
He
d~
cnpinct.l WC5t
leaden 10 show lnote (UJKIIIlftlml III !be produaIon A(naII!
01 t'OI.UI by JNU'CCIUII the ft.. ai, _the pmdur:t .a:ouru for O¥ef 10 per omI of dE rqJOII.,
"''''''''
In IUs 1'5TIIIt. MIIU5Ier of Env lronmenl. Mn HadWl
nntum MaiWa. S3Id for !he pal Int'ftfTlmI In cor;u. pmducuon 10 OCCIJr m Nlgtnl. the fc-aa nMI Ix ldtquaIdy poteacd iptIl5I any form cf pt.lI.
....... The
c:occ. ndu5try by promoblln 01 zero JbIde ooc:o. ~ 5)'5IrnII- These have JOdua'ly k-d ., !he fragmrsutJon of our ((ft5t iandJaIpc, lou of wildlife comdors aid (orcsr conncctl\lI)'• ..J ~ of ~y Ind!he ta)5)"'I!em JOOdI and JI:r'VlCCS "ApronulII:III~
of dd(lft:5lab(lfl • on !he cocx.
agro- (orcstJy tyUernf In his MJIdl. MA R'It'tQ bMoI:-
mdtIMry Ibdf. Slpfonl: at of map . .I nutnenlJ n ils hM bxn a IeadinA c:aa.:: of !he dcdrne In our ~ yw:kb I t.r.."C ot.ervcd • Imd IOWIniI less shIded c:oc:c. ~ IhII undm:uu the t'n'IlI'OIVI...... tal ~llIIy or pmWctJJn JDJ boIiYcniIy COI'l'JO"\Ia.JJn
hne saudy shoY.'td thai our
Se\ou:aI rq:ots have JOI'*'<I
mutlSIU •
."ho _
Iq)-
resented by Dlrcctof. JEF Opcnoon Focal Pomt. Mt1 0W:.u J.,. - t only 1IbouI13 per cent 01 c:occ. pnxb:uon In WcsI Africa occun under JOOd
1qI ....... ~"Plfi r~ ku through the ~trzlJ\o'C pr1IClICCI 01 lmUr"
cant
~
Ind ~ ofthc
out
IhIr m \IrCsc Arne. only
abouIll per 001l ~ ~ producuon occurs u,.. &ood .,u-1m:Af)' S)Wm.M he _