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Author Archives: mms plus

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FG Set To Reform  Road Sector

FG Set To Reform Road Sector

*Bills With The National Assembly *IoTA Boss Faults Shippers’ Council’s Economic Regulatory Role The Federal Government has proposed reforms in the road sector that could save the country about N500 Billion yearly in vehicle operations cost alone, with over two ...

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FG Set To Automate Port Processes

FG Set To Automate Port Processes

Barring any last minute change, all processes in the Nigerian port will soon become automated to make for easy facilitation of transactions and checkmating fraudulent practices in the maritime sector.   The President of Nigeria, Dr. Goodluck Jonathan revealed this ...

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Substandard Product: DG, SON Seeks Jails Term For Offenders

Substandard Product: DG, SON Seeks Jails Term For Offenders

The Director General (DG) of the Standard Organisation of Nigeria (SON), Dr. Joseph Odumodu has sued for jail terms for importers of fake and adulterated products into the country the DG said that  the importation of substandard goods into the country has ...

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Oil Prices Plummet After Diezani’s Appointment

Oil Prices Plummet After Diezani's Appointment

After weeks of speculation, the Organization of the Petroleum Exporting Countries (OPEC) confirmed Thursday that it will not be cutting oil production at the 166th OPEC Conference. The move sent the price of oil plummeting throughout the day. “Accordingly, in ...

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World Bank Controls 62% Of Nigeria’s Public External Debt

World Bank Controls 62% Of Nigeria’s Public External Debt

Data released by the Debt Management Office (DMO) has revealed that the World Bank Group controls a total of 62 per cent of Nigeria’s public external debt at end-September this year. Analysis of the data also revealed that the International ...

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Nigeria: Opec Meets Over Falling Oil Price

Nigeria: Opec Meets Over Falling Oil Price

How to stem the sliding oil price is expect to top the agenda as the 12-member Organization of the Petroleum Exporting Countries (OPEC) meet in Vienna Thursday. To underscore how important the meeting is to Nigeria, the Minister of Petroleum ...

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Nigeria’s Oil Fortunes Face Terrorism Threat – Dangote

Nigeria’s Oil Fortunes Face Terrorism Threat – Dangote

Africa’s richest man and founder, Dangote Group, Aliko Dangote, has raised the alarm over rising threats to Nigeria’s oil and gas fortunes owing to the rising spate of terrorism in the country. He said the windows of opportunities created for ...

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The Importance Of Containers On Imported Goods

The Importance Of Containers On Imported Goods

What is the importance of carrying goods with containers? The importance of carrying goods with containers is to shield the goods from being damaged, especially from rainfall, and to be able to carry them in large quantity. And the only ...

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BULLS: Yet Another Feather

BULLS: Hadiza It!

Yet again, the Nigeria Shippers Council award, this time the most outstanding Government Parastatal of the year 2014. Nigerian Shippers’ Council has again won another feather to her cap as it was recently honoured by the National Waves Newspaper and ...

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CBN Warns Against Counterfeiting Of Naira

CBN Warns Against Counterfeiting Of Naira

The Central Bank of Nigeria (CBN) in its resolve to sustain stakeholder confidence in the country’s currency has commenced the education of Nigerians on the incorporated security features of the naira, even as it warned culprits to desist from the ...

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WAPIC: Alternative To Power Epilepsy?

WAPIC: Alternative To Power Epilepsy?

In Nigeria the issue of power has been a very contentious one as different administrations had made several failed promises on solving the power problem. Huge amount of money had been channeled towards the direction but there has been very ...

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Inspiring Irene

Inspiring Irene

Irene Ochem is the Program Director and Content Producer of the West African Power Industry Convention (WAPIC). She is a tireless and courageous woman who sticks to excellence. She is polite and amiable and this draws people to her. Her ...

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BEARS: Supremacy Battle

BEARS: Ushering The Ushers

Bears witnessed an unpleasant display of public indecency as Lucky Amiwero, a factional leader of the National Council of Managing Directors of Customs Licensed Agents (NCMDCLA) who was visibly angry when the National President of the other faction, Festus Ejiofor ...

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Manufacturing: Shortage of Gas Hampers Growth – Fatouros

Manufacturing: Shortage of Gas Hampers Growth – Fatouros

The Regional Director of the Manufacturing Partnership for Africa (MPAD) said that the slow growth of the manufacturing sector in Nigeria can be attributed to the shortage of gas supplies to power plants. According to her “there is a large ...

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Arik Airline Increases Flight Frequency On Domestic Routes

Arik Airline Increases Flight Frequency On Domestic Routes

The Managing Director, Arik Airline, Mr Chris Ndulue, yeserday said the airline had increased its flights on the Enugu, Benin, Calabar and Ibadan routes to cope with passenger demand. Ndulue spoke in an interview with the newsmen in Lagos. He ...

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CBN Directive Takes Toll On Investors As Healthcare Cost Up By 20%

CBN Directive Takes Toll On Investors As Healthcare Cost Up By 20%

The Central Bank of Nigeria (CBN) circular TED/FEM/FPC/GEN/01/022 dated 6th of November 2014 which excludes finished products, along with four other import categories from accessing foreign exchange at the official exchange (RDAS forex window), is negatively impacting healthcare business, leading ...

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Shippers’ Council Seeks Increase Of Indigenous Shipping Capacity 

Shippers' Council Seeks Increase Of Indigenous Shipping Capacity

In line with the effort of the Federal Government to make the maritime industry grow, the Executive Secretary of the Nigerian Shippers’ Council (NSC), Barr. Hassan Bello has stated the need to boost indigenous shipping capacity in Nigeria. He stated ...

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Customs Describes Clearing Agents As  Terrorists

Customs Describes Clearing Agents As Terrorists

…Insists On Shutdown  The recent attack on the officers and men of the Nigeria Customs Service (NCS) at the Murtala Mohammed International Airport (MMIA) by the clearing agents has been likened to terrorist act.The Customs Area Controller (CAC) of the ...

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Overwhelming Directives Spoil Good Policies

Guidelines For Importation Of Chemicals In Nigeria

A fortnight ago, clearing agents and freight forwarding personnel embarked on what they referred to as withdrawal of service from the nation’s flagship port, Lagos Port Complex over alleged inefficient service delivery and arbitrary terminal and shipping charges by the ...

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Why Judges Need Convocation

Why Judges Need Convocation

The 6th Strategic Admiralty Law Seminar for Judges organised by the Nigerian Maritime Administration and Safety Agency (NIMASA) for members of the bench is in not without a statement. It definitely was meant to remind or educate the bench on ...

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