Oluwatosin Owoyomi

The Impact of Olam Agri’s Sale on Nigeria’s Agro Supply Chain and Local Farmers

The sale of Olam Agri, a major player in Nigeria’s agricultural supply chain, to Saudi Arabia’s SALIC (Saudi Agricultural and Livestock Investment Company) is poised to reshape the country’s food production and distribution landscape. Valued at approximately $4 billion, this transaction involves Olam Group selling its remaining 64.57% stake in Olam Agri. While this deal […]

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Documents Required for Successful Customs Clearance in Nigerian Seaport

Clearing goods through Nigerian seaports requires a thorough understanding of the necessary documentation. Failure to provide the required paperwork can lead to delays, fines, or even the confiscation of goods. Below is a list of essential documents required for successful customs clearance in Nigeria. 1. Bill of Lading (BOL) The Bill of Lading serves as

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The Impact of Nigeria’s Single Window System on Seaport Consignment Clearance

The Nigerian maritime industry plays a crucial role in the country’s economic growth, with seaports serving as the primary gateway for international trade. Efficient clearance of goods at the ports is essential for facilitating commerce, ensuring timely delivery, and reducing costs for businesses and consumers. However, the introduction of the Single Window system by the

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Africanization: Health – What If?

The so-called Third World has long been a playing field for developed nations, where their policies, products, and narratives dictate reality. Many developing nations have begun carving their own economic paths and are now recognized as emerging economies. However, Africa, despite its abundant resources, remains shackled by external influences. Nigeria, often considered the giant of

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Reevaluating Africa’s Identity and Sovereignty in a Globalized World

The history of Africa’s interaction with Europe dates back to the 13th century, with the first recorded European contact with the Benin people occurring in 1472. This initial encounter set the stage for subsequent events, including the Berlin Conference of 1885, which formalized the division of Africa among European powers. This period followed centuries of

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Regulatory Issues Faced by Freight Forwarders in Clearing Consignments at Nigerian Seaports

Introduction Freight forwarding plays a crucial role in international trade, ensuring the smooth movement of goods from one country to another. In Nigeria, the clearing of consignments at seaports is a complex process involving various regulatory bodies, documentation requirements, and compliance obligations. Freight forwarders face numerous challenges that hinder efficiency and increase costs. This article

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