Home / 2019 / March / 03

Daily Archives: March 3, 2019

Port Congestion & Corruption Aftermath: Hub Port Eludes Nigeria, As Togo, Ghana Dominate West Africa

‘Nigerian ports may lose 40% of cargoes this year’

. No plan, no strategy for port sector growth · Calabar Dredging: How NPA can generate N50bn By Kenneth Jukpor Nearly six months has passed since Togo attained hub-port status in West and Central Africa, yet Nigeria continues to slide downward as ...

Read More »

Waterways Passengers Decry SIFAX Monopoly At Ojo Jetty

Waterways Passengers Decry SIFAX Monopoly At Ojo Jetty

By Kenneth Jukpor Users of the Ebute-Ojo jetty managed by SIFAX Group has accused SIFAX of masterminding a monopoly which has seen the jetty users spend long hours outside the facility as penalty for not patronizing SIFAX ferries. While the ...

Read More »

Chamber of Shipping Holds Summit On Eastern Ports Viability

As part of efforts to address the myriad of challenges inhibiting the seaports in the Eastern part of the country, the Nigerian Chamber of Shipping (NCS) is set to organized a crucial stakeholders’ conference on Wednesday, this week at Four ...

Read More »

Nigeria Complied With OPEC Cut Deal In February —Kachikwu

Nigeria moves to dominate global oil industry with 100 firms

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigeria implemented its portion of the production deal by the Organization of Petroleum Exporting Countries in February, a move that enhances the impact of supply cuts that have ...

Read More »

NBET Owes Electricity Producers N364bn In 10 Months

NBET Owes Electricity Producers N364bn In 10 Months

Electricity generation companies are owed N364.11bn by the Nigerian Bulk Electricity Trading Plc for electricity generated, sold and fed into the national grid from January to October last year, latest data from the bulk trader showed on Thursday. The government-owned ...

Read More »

Kano Signs $500m Mou With World Bank

World Bank, AFDB To Help Tackle Climate Change, Provides $47.5bn

Kano State Government, on Thursday last week, signed a Memorandum of Understanding with the World Bank and the Federal Government to support medium and small-scale farmers, with a $500m grant. The Permanent Secretary in the State Ministry of Agriculture, Aminu  ...

Read More »