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Monthly Archives: October 2018

Dangote to address dirty fuels issue with Euro V

Dangote to address dirty fuels issue with Euro V

Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification. Nigeria has remained a ...

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NNPC Subsidiary ‘NIDAS’ Re-enters Global Crude Affreightment

NNPC Subsidiary 'NIDAS' Re-enters Global Crude Affreightment

Seven years after falling out of reckoning in the global oil freighting trade, the Nigerian National Petroleum Corporation (NNPC), on Tuesday, announced the re-entry of its subsidiary, NIDAS Shipping Services, into the international shipment of crude oil and petroleum products. ...

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NASS Resolves To Pass PIGB In 8th Assembly

NASS Maintains Resolve To Pass PIGB In 8th Assembly

…Concludes Plans To Send Bill Back To Buhari By Kenneth Jukpor As part of efforts to fast track the passage of the Petroleum Industry Governance Bill (PIGB) the Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Joseph Akinlaja, has ...

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New shipping regulation may push fuel cost to $70b yearly

New shipping regulation may push fuel cost to $70b yearly

Concerns are rife that the new shipping policy of the International Maritime Organisation (IMO) will spike the cost of fuelling ships to about $70 billion yearly. The 2020 sulphur regulation, which will ban ships from using any marine fuel with ...

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‘Executive Order has no impact on seaports’

‘Executive Order has no impact on seaports’

The Chairman, Seaports Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, has said the Presidential Executive Order on Ease of Doing Business at the ports has not yielded meaningful results, as agencies continue to frustrate businesses at the nation’s ...

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Standard Chartered hosts mortgage fair

Standard Chartered hosts mortgage fair

Standard Chartered Bank Nigeria Limited hosted clients and members of the public to a first of its kind mortgage fair in Nigeria, which brought together key stakeholders across the country within the real estate and property development sector. The event, ...

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We’re being forced to reduce generation – Power firms

NLNG, Shell, Mobil Partner To Provide Electricity In Bonny

Electricity generation companies in the country have said their power plants are being forced to operate below their optimal capacity levels. The nation’s total power generation has been hovering between 3,000 megawatts and 3,500MW in recent months. It stood at ...

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Warri airport owing N566.4m, NAMA insist

Warri airport owing N566.4m, NAMA insist

The resumption of flights at Osubi Airport in Warri, Delta State notwithstanding, the Nigerian Airspace Management Agency (NAMA) yesterday insisted that the operator owing N566.4 million. Though it confirmed a receipt of N31 million recently from Shoreline Oil Services, the ...

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Two modular refineries for inauguration in Niger Delta December

Kachikwu: Nigeria’s Oil Output Hits 2.2mbpd Early 2019

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at the weekend said two modular refineries would be commissioned in Delta and Rivers states in December. Speaking at the 2018 graduation of the Petroleum Training Institute (PTI) Effurun, he ...

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FG Unveils Standard Operating Procedures For Trucks

FG Unveils Standard Operating Procedures For Trucks

*NARTO  kicks , RTEAN,  AMATO  keep mum *Port  terminals may be shut down  over charges Standard operating  procedures for  the haulage industry have been unveiled to truck owners, drivers and companies as well as members of the organized private sector ...

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Lagos Port Congestion: The Bangs & Benefits Of Barges

Lagos Port Congestion: The Bangs & Benefits Of Barges

With the roads leading to the nation’s major ports in Tin Can Island and Apapa almost impassable, the prospects of moving empty containers from holding bays to ports via barges has become the only viable option to get the containers ...

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Bears: Death Knocks!

BEARS: MASS INACTION!!!

Death knocked on the doors of the amiable Head of Corporate Communications at the Nigerian Maritime Administration and Safety Agency (NIMASA) Mr. Isichei Osamgbi, snatching his beautiful mother; Mrs. Dorothy Ndukoso Osamgbi (Nee Eluemunor). Dorothy was a devout Catholic, a ...

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BULLS: Saving Endangered Species

BULLS: Saving Endangered Species

The United States  Court of International Trade has denied the Trump administration’s request to lift a ban on certain seafood imports caught with gillnets that kill the critically endangered vaquita porpoise. In July, the court ordered the government to ban ...

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Q3 Transport Agencies Rating: Scorecards For CRFFN, MAN Iron, AIB, NITT, Others

Q3 Transport Agencies Rating: Scorecards For CRFFN, MAN Iron, AIB, NITT, Others

By Kenneth Jukpor Here is the last trench of the MMS Plus 2018 third-quarter rating of transport agencies in the country based on their performance with regards to their core functions. This appraisal covers; Nigeria Institute of Transport Technology (NITT), Accident Investigation ...

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CILT Calls For Regulation Of Trucking In Nigeria

CILT Calls For Regulation Of Trucking In Nigeria

By Kenneth Jukpor Following the persistent increase in truck freight charges across the country, high rate of inefficiency and mishaps, the Chartered Institute of Logistics and Transport (CILT) Nigeria has called for improved regulation and policy framework to uplift the ...

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Bioloscious Biola

Bioloscious Biola

Abiola Alabi is a Nigerian entrepreneur and the founder and managing partner of Biola Alabi Media, a consultancy and production company. She found her way into the top league of successful and influential Nigerian women when she held the position ...

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Badagry, Lekki Ports Can Make Nigeria Hub Port In Africa –Luguje

Badagry, Lekki Ports Can Make Nigeria Hub Port In Africa –Luguje

Mr. Michael Luguje is the Director General of Ghana Ports and Harbours Authority. During recent International Association of Ports and Harbours (IAPH) conference in Abuja he discussed several pertinent port and economic issues in Africa with MMS Plus newspaper. Enjoy ...

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100 Agric Products You Can Export From Nigeria

100 Agric Products You Can Export From Nigeria

Do you know that the export business is worth over $102,878,499,707 and that is just the statistics for 2014 alone contributing over 10.66% of the total GDP of Nigeria? Export can contribute and how lucrative it is if you are ...

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IATA forecasts higher air traffic in Nigeria, others

IATA forecasts higher air traffic in Nigeria, others

Agency projects 8.2 billion passengers by 2037 The International Air Transport Association (IATA), Wednesday revealed that present trends in air transport suggest passenger numbers could double to about 8.2 billion by 2037. The latest update to IATA’s 20-Year Air Passenger ...

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Policy on 41 items to stimulate economy, says CBN

CBN Fixes N5bn Capital Base For Payment Service Banks

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank’s decision to restrict access to the foreign exchange (forex) official window for the importation of 41 items, is in the best interest of the Nigerian economy. ...

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