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New Truck Regime: Truckers, Freight Forwarders, Professionals Express Conflicting Views

New Truck Regime: Truckers, Freight Forwarders, Professionals Express Conflicting Views

By Kenneth Jukpor Following the unveiling of Standard Operating Procedures (SOPs) for the Nigerian haulage industry, truck owners, drivers, freight forwarders and transport professionals have expressed conflicting views on the new initiative expected to transform trucking business in the country. ...

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Gas production leaps as NNPC records 1,858 vandalised pipelines

Gas production leaps as NNPC records 1,858 vandalised pipelines

A total of 230.35 billion cubic feet (Bcf) of natural gas was produced in the country in July this year, averaging a daily production of 7,678.17 million standard cubic feet (mmscfd), the Nigerian National Petroleum Corporation (NNPC) has disclosed. The ...

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Experts urge fiscal policy reforms in non-oil sector

Experts urge fiscal policy reforms in non-oil sector

The need for the government to build a strong revenue base for sustainable development formed the thrust of the roundtable discussion at the just concluded Economic Summit in Abuja. The discussion was necessitated by the realisation that Nigeria’s revenues have remained consistently low and overly dependent on the oil sector that has grossly ...

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Reps to reopen alleged $1.348b power fraud probe

Reps to reopen alleged $1.348b power fraud probe

GenCos claim non-payment since June, NBET disagrees The House of Representatives could reopen the probe into an alleged $1.348 billion power sector fraud levelled against General Electric (GE) and Rockson Engineering Nigeria Ltd. The issue, which has lingered for years, ...

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ASUU begins strike, labour mobilises for tomorrow

ASUU begins strike, labour mobilises for tomorrow

•Workers insist on N30,000 minimum wage • Vow to disrupt flight operations, others As its tomorrow’s deadline for strike draws close, organised labour did not attend the conciliatory meeting with the Federal Government’s team in Abuja yesterday. It said it ...

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Why DPR Approves Unregulated Tank Farms In Lagos

Why DPR Approves Unregulated Tank Farms In Lagos

·  DPR lifts ban on bunkering license issuance  By Kenneth Jukpor Top Nigerian politicians are guilty of influencing the haphazard establishment of tank farms in Apapa, Ajegunle and Ijegun-Satellite town, a situation which has endangered millions of lives and valuable properties ...

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BULLS: HBD Mary!!!

BULLS: HBD Mary!!!

The amiable President of Women’s International Shipping and Trading Association (WISTA) Nigeria, Mrs. Mary Hamman also celebrated hers earlier on Friday last week. The management and staff of Kings Communications Limited joins all friends and well-wishers, in celebrating this eminent ...

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BEARS: MASS INACTION!!!

BEARS: MASS INACTION!!!

Lagos citizens failed to protest over Lagos-Badagry bad roads as anticipated after “MASS ACTION!!!” sensitization trended few weeks ago. Residents and commuters of the route were expected to mobilize to protest the gruesome traffic congestion along the expressway, to demonstrate ...

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Maximizing Nigeria’s Prospects In Mining

Maximizing Nigeria’s Prospects In Mining

The recent seizure of about N1.12 billion worth of gold about to be smuggled abroad grabbed media headlines. The Economic and Financial Crimes Commission (EFCC), in intercepting the illegal gold shipment that was being smuggled through the Abuja airport to ...

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Health Tips For Sailing Fitness

Health Tips For Sailing Fitness

Shippers Guide is the learning page of MMS Plus. Here we answer the five W’s and H of several issues in the shipping industry. This week’s edition teaches sailors how to stay fit for their profession. One of the popular resources specific ...

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How I Earned Respect Of My Superiors As A Young Lawyer – Mbanefo

How I Earned Respect Of My Superiors As A Young Lawyer - Mbanefo

By Kenneth Jukpor Mrs. Monica Mbanefo is a lawyer with over 45 years experience, 38 of which have been in the transport and maritime industry where she has been at the hub in the formulation of polices at national, intergovernmental ...

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CBN Fixes N5bn Capital Base For Payment Service Banks

CBN Fixes N5bn Capital Base For Payment Service Banks

The Central Bank of Nigeria has stipulated N5bn minimum capital requirement for the Payment Service Banks in the country. In a circular to all stakeholders on the guidelines for licensing and regulation of the PSBs, which was released on Thursday ...

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NSE Suspends Trading In Unity Bank, Five Others’ Shares

Stock market index depreciates by 0.14%

The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Plc and five other listed companies. The Head, Listings Regulation, NSE, Godstime Iwenekhai, in a statement on Thursday, said the companies were suspended for failing to file ...

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Fraudsters Collecting Death Benefits Of Living Workers — PenCom

Fraudsters Collecting Death Benefits Of Living Workers — PenCom

Some unidentified fraudsters under the disguise of being relatives of workers and retirees under the Contributory Pension Scheme have been approaching Pension Fund Administrators to collect the pensions of contributors. According to information obtained from the National Pension Commission, the ...

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55Million Litres Of Petroleum Products Evacuated From Depots Daily – PPMC

55Million Litres Of Petroleum Products Evacuated From Depots Daily – PPMC

The Managing Director, Petroleum Products Marketing Company (PPMC), Mr. Umar Aliyu has disclosed that 55,000,000 litres of petroleum products are evacuated from various depots in the country, with a total of 1,500 trucks lifting the products to hinterlands on a ...

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NLNG, Shell, Mobil Partner To Provide Electricity In Bonny

NLNG, Shell, Mobil Partner To Provide Electricity In Bonny

The Nigerian Liquefied and Natural Gas (NLNG), Shell Petroleum Development Company (SPDC) and Mobil, have signed a memorandum of understanding (MoU) to provide uninterrupted power supply to Bonny, in Rivers State which hosts NLNG’s plants. The firms in a paper ...

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House Committee Summons NNPC, Others Over Oil Trading Deal

House Committee Summons NNPC, Others Over Oil Trading Deal

The House of Representatives Committee on Petroleum Resources (Downstream) has summoned the Nigerian National Petroleum Corporation (NNPC), its subsidiary, Duke Oil, and two other firms, Alkhairi Oil and Mahart Petroleum over allegations of shady crude oil trading deals. The summons ...

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Baru Charges NAPE To Find More Oil In Nigeria

NNPC eyes over 14% control of downstream retail market

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikati Baru, has charged members of the Nigerian Association of Petroleum Explorationists (NAPE) to deploy their wealth of knowledge and experience to find more crude oil to ...

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SAHCOL Constructs Ground Support Equipment

SAHCOL Constructs Ground Support Equipment

The Skyway Aviation Handling Company Limited (SAHCOL) team has built a Ground Support Equipment from scratch at the SAHCOL Engineering and Maintenance workshop to fuelAviation Ground Support equipment in Lagos. The fuel bowser is the first in the history of ...

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Elegant Caro Ufere Exits NPA

If you see Chief Mrs. Caro Akum Ufere congratulate her!  It was in this mood that we all gathered to appreciate  God’s favour and protection in her life penultimate  Saturday, 27th October, 2018 at Catholic Church of the Holy Spirit, ...

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