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Author Archives: mms plus

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FG To Use Drones, Lost N1.4tn To Oil Theft

Nigeria Aims To Pass Amended Petroleum Industry Bill - Minister

The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, said on Tuesday that the corporation was working towards the deployment of drones across the nation’s territorial waters to monitor the movement of oil bearing vessels. He expressed worry ...

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CBN says Nigeria Needs N9.6trn To Bridge MSME Funding

CBN Initiates EPIS To Encourage Cashless Transactions

The Central Bank of Nigeria’s (CBN) assistant director, Development Fund Department, Jonathan Tobin, said N9.6 trillion was needed to adequately fund Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Tobin said this on Tuesday in Abuja at a workshop on ...

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PENGASSAN Wants IOCs To Reconcile Debts, Taxes With Government 

PENGASSAN serves strike notice over labour issues

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is asking international oil companies (IOCs) to engage relevant agencies of government in reconciling their accounts and taxes, which may put them on war path with the Federal Government, ...

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Hot Money Threatens CBN’s FX Stabilisation Efforts

Hot Money Threatens CBN’s FX Stabilisation Efforts

As naira value falls again There are indications that the efforts of the Central Bank of Nigeria (CBN) at stabilising the foreign exchange (FX) may be threatened by the hot money in circulation chasing the dollars. Hot money is the ...

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Oil Industry: How Lawyers Aid Corruption

Oil Industry: How Lawyers Aid Corruption

A senior Advocate of Nigeria (SAN) and one of the lead discussants at a special session at the recent 55th Annual General Conference of the Nigerian Bar Association (NBA), Mr. Lucius Nwosu has disclosed that Nigerian lawyers are guilty of ...

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CRFFN Debunks Lack Of Relevance Claim

CRFFN Debunks Lack Of Relevance Claim

The Council for the Regulation of Freight Forwarders in Nigeria (CRFFN) has debunked claims that maritime institutions have lost confidence in the Council as alleged in a maritime publication, last week. In a statement signed by the head, Corporate Affairs, ...

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NIMASA INTRODUCES NEW MEDICAL CERTIFICATION FOR SEAFARERS

NIMASA INTRODUCES NEW MEDICAL CERTIFICATION FOR SEAFARERS

The Acting Director General of the Nigerian Maritime and Safety Agency, NIMASA, Mr. Haruna Baba Jauro has presented a body of documents to stakeholders in Lagos, being the new Seafarer’s Medical Certification Documents in compliance with extant requirements of the ...

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Customs CG-Ship: Why Buhari Picked Col. Ali

Customs CG-Ship: Why Buhari Picked Col. Ali

Tinubu Sulks, Holds meetings Fear Grips Customs Officers Stakeholders Surprised In a repeat of what the late head of state, Gen. Sani Abacha did in 1993, President Mohammed Buhari, last week, appointed a retired Military Colonel, Hammed Ibrahim Ali (retd) ...

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SON Introduces E-Platform

SON Introduces E-Platform

The unveiling of the integration of Standard Organisation of Nigeria’s Electronic Product Certificate (EPC) into the Nigeria Integrated Customs Information System (NICIS), with the Theme: Trade Facilitation via Automation of SON’s Services in Lagos, last week.

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Women Get Access Bank’s N11bn facility In One Year

Access Bank wins double recognition

Nigerian women entrepreneurs of various sectors of the economy have received Access Bank plc’s empowerment to the tune of over N11 billion loan advances within one year of introduction of its “W” initiative. A breakdown of the disbursement shows that ...

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Soaring Sophia

Soaring Sophia

The Chief Operations Officer (COO) of the Federal Airport Authority of Nigeria (FAAN), Mrs. Sophia Onwughara is a woman of many paths; she is a consummate Administrator and seasoned Finance Consultant and Analyst, with over a decade experience in the ...

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FG Approves Construction Licenses To 65 Private Refineries In Nigeria

Buhari Appoints Himself Petroleum Minister

President Muhammadu Buhari has granted licenses to 65 Nigerian private firms to construct modular refineries in the country. The successful companies were selected from about 285 applications that were screened for the purpose. The resolve by the president to award Licence ...

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Nigeria’s Crude Oil Exports To Hit High In October

PIB: Nigeria loses $235bn investments amid $9bn debt

Nigeria plans to export a total of at least 2.04 million barrels per day (bpd) of crude oil in October, the highest level this year, according to provisional loading programmes. The exports, which will load on 68 cargoes, could increase ...

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Senate Probes Unwholesome Practices In Power Sector

Ghana Beats Nigeria, Passes Petroleum Bill

As the dust raised over Senate’s probe of the EFCC, Nigeria Customs Service and FIRS is yet to settle, the upper chamber is set for yet again another probe. To this end, the Senate has inaugurated a committee to conduct ...

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CAC, FIRS Move For Electronic Stamping Of Companies’ Documents

CAC, FIRS Move For Electronic Stamping Of Companies’ Documents

The Corporate Affairs Commission (CAC) is collaborating with the Federal Inland Revenue Service (FIRS) to ensure the integration of e-stamping module into the Commission’s company registration portal (CRP). The aimed, according to a statement by CAC Director of Public Affairs, ...

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Ministry Expresses Optimism On Sector, Advocates Training

Ministry Expresses Optimism On Sector, Advocates Training

Permanent Secretary, Ministry of Aviation, Hajia Binta Bello has expressed optimism that the face of aviation industry in Nigeria was taking a new look, stressing that the sector is growing and would be better in the near future. She said ...

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Maximizing Gains Of E-platform

Maximizing Gains Of E-platform

Comptroller Benjamin Aber is the Head, Information and Communication Technology Unit at the headquarters of the Nigeria Customs Service under the Federal Ministry of Finance. In this Edition of Shippers’ Guide with Ifeoma Oguamanam of MMS Plus, he enlightens stakeholders ...

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BULLS: AMATO’S SUSPENDED STRIKE ACTIONS

BULLS: Hadiza It!

Whereas the Association of Maritime Truck Owners (AMATO) had previously planned to embark on a strike action, in protests of the dilapidated port access road, someone must have gone to whisper something in their ears, for which they later had ...

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BEARS: CONCERNING THE NEW CUSTOMS’ CG

BEARS: Beware of Fraudstars

It is no news now that the Nigeria Customs Service has gotten a new boss. However, it is unfortunate to note that a section of the media is already making insinuations as to the new CG’s credibility to lead the ...

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Search Light on Inland Waterways: Commercial Activities on the Isuti River

Search Light on Inland Waterways: Commercial Activities on the Isuti River

Egan is a relatively coastal community on the outskirts of Alimosho Local Government Area of Lagos State. It is a densely populated community, being home to thousands of indigenes and settlers from all over the State and indeed, from all ...

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