Home / 2019 / July

Monthly Archives: July 2019

Gulf of Guinea Piracy: A Reality Or Farce?

Gulf of Guinea Piracy: A Reality Or Farce?

It has become a strange, yet an acceptable tale that reports on piracy attacks in the Gulf of Guinea (GoG) vary depending on whose side from the prism one takes a peep from. Despite commendations from renowned global maritime bodies ...

Read More »

NNPC faults presidential panel, restates commitment to transparency, due process

NNPC faults presidential panel, restates commitment to transparency, due process

The Nigerian National Petroleum Corporation (NNPC) yesterday restated its commitment to transparency and due process, especially with regard to an alleged breach of Treasury Single Account (TSA) policy. Special Presidential Investigative Panel for the Recovery of Public Property had alleged ...

Read More »

World’s largest atmospheric tower built for Dangote refinery leaves China for Nigeria

World’s largest atmospheric tower built for Dangote refinery leaves China for Nigeria

China’s leading energy and chemical company, Sinopec, on Monday, said that it had built the world’s largest atmospheric tower for Nigeria’s Dangote Refinery. On its verified Twitter handle, the company shared photos of the tower and revealed that it (tower) ...

Read More »

BEARS: Mike Igbokwe’s Goof

BEARS: Mike Igbokwe's Goof

The firebrand lawyer, Barr. Mike Igbokwe goofed with his comments on the paper delivered by the Women’s International Shipping and Trading Association  (WISTA) Ghana President, Mrs. Jemilat Maharaj. He stated that women must debunk their inferiority complex to make more ...

Read More »

Yandecious Yewande

Yandecious Yewande

Yewande Zaccheaus was recently appointed on the Board of Fortress Microfinance Bank and Corporate Leisure Limited and Zacchi & Chrome Limited. She began her career as a legal officer in the Nigerian-American Merchant Bank and after a brief stint in ...

Read More »

Rail Track Vandalism: Managing Moral Decadence

Rail Track Vandalism: Managing Moral Decadence

A government for the people must depend for its success on the intelligence, the morality, the justice, and the interest of the people themselves – Grover Cleveland As the Nigerian Railway Corporation (NRC) decries the high rate of theft and ...

Read More »

How To Improve Security At Nigerian Airports

How To Improve Security At Nigerian Airports

By Okuneye Moyosola Thousands of people pass through airports every day. Some are travelers, aviation workers, business people and several other categories of people. This population makes an airport a potential target for various forms of crime. In Nigeria, like ...

Read More »

How UK Influences Nigeria’s War Risk Crisis

How UK Influences Nigeria’s War Risk Crisis

·  $90billion ‘war risk insurance’ fleeced  from Nigeria yearly ·  Nigerian ship-owners initiate plans to form P&I Club By Kenneth Jukpor There are indications that the British Authorities are linked to the unending extra war risk charges paid by shippers in Nigeria ...

Read More »

Environmental Hazards: NOSDRA To Sensitize Tank Farm Operators – Musa

Environmental Hazards: NOSDRA To Sensitize Tank Farm Operators – Musa

Lagos, Ogun Govts Must Provide Alternative Tank Farm Sites – NOSDRA By Kenneth Jukpor Mr. Idris Musa is the Director General, National Oil Spill Detection and Response Agency (NOSDRA). MMS Plus caught up with the NOSDRA helmsman at the 2019 ...

Read More »

2019 Half Year Rating: How Customs, NRC, NITT, Others Fared

2019 Half Year Rating: How Customs, NRC, NITT, Others Fared

By Kenneth Jukpor & Okuneye Moyosola MMS Plus brings you an assessment of the major parastatals in the transport sector for the first half of the year 2019. The first six months was centered on pre-election, elections and post-election drama, ...

Read More »

BULLS: MMS Celebrants

  Money Management Series (MMS) Plus felicitates with the Acting Editor, Mr. Kenneth Jukpor and the dynamic Graphic designer, Mr. Francis Iyonmana who celebrated their birthday last week. These characters are the company’s Team ‘July 22’ who have made notable  contributions ...

Read More »

NNPC Seeks Chevron’s Support To Construct Condensate Refinery

NNPC Seeks Chevron’s Support To Construct Condensate Refinery

As part of efforts to grow local refining capacity, the Nigerian National Petroleum Corporation (NNPC) has called for collaboration with Chevron Nigeria Limited to establish a condensate splinter refinery. The appeal was made on Thursday by the Group Managing Director ...

Read More »

Govt Won’t Renew Expired Oil Block Licences – Kyari

NNPC spends N1bn daily, petrol subsidy hits N19.37/litre

  There is no immediate plan by the Federal Government to renew the expired oil block licences, particularly those belonging to international oil companies operating in the country, the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele ...

Read More »

NNPC To Guarantee Energy Security For Nigeria Through DSDP Arrangement

NNPC signs agreement with NAOC on four OMLs

The Nigerian National Petroleum Corporation is set to leverage on the existing Direct-Sales-Direct-Purchase product supply arrangement to guarantee energy security for the nation. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari, made this commitment, ...

Read More »

FIRS Generates N5.23tn In Four Years, Donates 20,000 Books

FG pays N157.3bn tax arrears to states

  The Federal Inland Revenue Service said it generated N5.23tn for the Federal Government in four years, aside from the income from crude oil. The Chairman of the FIRS, Mr Babatunde Fowler, stated this during his visit to the Chief ...

Read More »

Agricultural Council Unveils Technology To Reduce Sale Of Fake Seeds

Agricultural Council Unveils Technology To Reduce Sale Of Fake Seeds

The National Agricultural Seeds Council has unveiled a new technology known as Seedcodex Observatory that will be used to authenticate and reduce the sale of fake seeds to farmers. According to the council, the initiative would support the NASC in ...

Read More »

Human Capital, Key Asset In Harnessing Marine Resources – Oyo-Ita

Human Capital, Key Asset In Harnessing Marine Resources – Oyo-Ita

The Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, has identified human capacity as an area where Nigeria has a huge comparative advantage in the global maritime community, stating that this unique human asset was significant in ...

Read More »

NCAA tells FAAN to deploy more patrol vans at airports

NCAA tells FAAN to deploy more patrol vans at airports

The Nigerian Civil Aviation Authority (NCAA) has advised the Federal Airports Authority of Nigeria (FAAN) to deploy more security patrol vehicles to airports nationwide. The directive is the apex regulator’s response to forestall security breaches following an invader’s threat to ...

Read More »

Onne Port attracts more cargoes with $10m facility upgrade

Onne Port to reduce ship turnaround time

•WACT launches two mobile harbour cranes  Fortunes of the Onne Port, Rivers State, has been boosted as the West Africa Container Terminal (WACT), acquired two giant mobile harbour cranes for massive cargo handling. The two new container cargoes handling facility, ...

Read More »

FG, states, councils shared N763 billion for June

FG, states, councils shared N763 billion for June

A total of N762.597 billion has been distributed as June allocation to the Federal Government, 36 states and the 774 council areas. A communiqué issued by the Technical Sub Committee of the Federation Account Allocation Committee (FAAC) and signed by ...

Read More »