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Author Archives: mms plus

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How N/Assembly, NIMASA Depleted N36.5 Billion Cabotage Fund

NIMASA Redeploys Directors

Ship Owners to Stop Cabotage Payment. At last, facts have emerged on how the Nigerian Maritime Administration and Safety Agency (NIMASA) in collaboration with the National Assembly members depleted the N36.5 Billion Cabotage Vessel Financing Fund (CVFF) meant to empower ...

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Did you know….?

It is a common maxim that nobody is an island of knowledge; that is why we have brought these uncommon tips to serve as guides to you in your every dealings. Your shoes are the first thing people subconsciously notice ...

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Customs: Import Levy And Burden Of Trust

Customs: Import Levy And Burden Of Trust

When the directive of the Federal Government to the Nigeria Customs Service (NCS) to collect 35 per cent as duty and 35 per cent as levy for imported used cars and buses was announced last year with a circular which ...

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Tantalising Toyin

Tantalising Toyin

Toyin Mike-Aigbe is currently the Treasury and Investment Manager, Forte Oil plc. She is an expert in Treasury Management, Accounting, Banking Relationships, Cash Flow Forecasting, Cash Management, Financial Reporting. She is intelligent and beautiful, a combination that stands her out ...

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Port Regulatory Role: Stakeholders Stock Of Shippers’ Council 

FG Returns Cargo Tracking Note Without Tariffs

The Nigerian Shippers’ Council (NSC) became the economic regulator of the port after the pronouncement by the erstwhile Minister of Transport, Mallam Idris Umar in February, 2014. Within six months after the new mandate was given to the agency, the ...

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NUPENG Asks FG To Rehabilitate Railways For Petroleum Haulage

New Lagos-Ibadan rail project for completion in 2018 – Osinbajo

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has tasked the Federal Government to rehabilitate railways for petroleum haulage even as the body promised to continue to train and re-orient tanker drivers on safe driving to reduce accidents on ...

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NAGAFF Advocates Import, Export Compliance 

CRFFN CrisiNAGAFF Advocates Import, Export Compliance s: Is Customs Behind It? Aniebonam Speaks!

The National Association of Government Approved Freight Forwarders (NAGAFF) has called for attitudinal change among the teeming populace of Nigerian towards the way things are done in the country. Speaking specifically on the need for maritime stakeholders to adhere to ...

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BEARS: Truck Hazard

BEARS: False Declaration

It is sad to witness another container tumbled from the truck carrying it, lying in a murky, smelly puddle in the most broken down section of the Apapa/ Tincan Island access road. It is sad that it has become a ...

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BULLS: Economic Sympathy

BULLS: Hadiza It!

Bulls thumbs up the clearing agents at Tin can Island port for the display of maturity that averted the imminent strike action earlier slated to take place at the terminal. The customs scanning machines were said to have stopped working ...

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Headquarters Monitoring Team Seizes Goods Worth Over N65 Million

Tinubu Tips Dikko' Replacement

In its continued resolve to phase out smuggling from the Nigerian borders, the Nigeria Customs Service (NCS) through intelligence led anti-smuggling operations, the Headquarters Monitoring Team Idiroko Axis, last week, while acting on a tip off intercepted vehicles, poultry products, ...

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NSE index drops below 34,000 basis points

FRSC Officers Advised On Investment Opportunities By Capital Bancorp

The Nigerian Stock Exchange All-Share Index slipped below 34,000 basis points on Wednesday as equities continued their poor run. Specifically, the NSE ASI shed 172.19 basis points or 0.5 per cent to close at 33,879.21, down from 34,051.40. Consequently, its ...

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What  Should Be Buhari Administration’s First Priority – Umar Omeiza, DPG SSACTAC

What  Should Be Buhari Administration's First Priority - Umar Omeiza, DPG SSACTAC

Alhaji Umar Omeiza Jimoh is the Deputy President General (DPG) of the Senior Staff Association of Communication Transportation and Corporations (SSACTAC). In this interview with our correspondent, he suggests how the new MD of NPA can succeed in his new ...

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NISA Members Ratifies Suspension Of Labinjo As NISA President 

NISA Wants Maritime Bank Set Up With CVFF Proceed

The general assembly of the Nigerian Shipowners Association (NISA) has unanimously asked the embattled president of the. Association, Capt. Niyi Labinjo to step aside until he clears his name with the Economic and Financial Crimes Commission (EFCC) over the  $5.85 ...

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Funding not the challenge of shipping- Ashinwo

The claim that funding is the major challenge of shipping business in Nigeria has been dismissed by the Assistant Secretary General Nigerian Ship owners Association (NISA) and the Managing Director Prometheus Maritime Limited Mr. Saint Peter Ashinwo during a media ...

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CBN Adjusts Naira-Dollar Foreign Exchange Rate Slightly

CBN directs banks to pay cash to forex users

The Central Bank of Nigeria on Thursday made a slight adjustment to its naira-dollar exchange rate peg, data on its website showed. The bank adjusted the rate at which it sold the United States dollar from N197 to N196.95, The ...

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Eunisell Introduces Spill Prevention Technology On Marginal Fields

Eunisell Introduces Spill Prevention Technology On Marginal Fields

In an effort to minimize oil spillage in the country, Eunisell Solutions has introduced a secondary tank containment system on its production facilities to further salvage this problem. According to the Chief Executive Officer, Mr Dickson Okotie, this is in ...

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The AIMPN Embarks on Man Power Development

The AIMPN Embarks on Man Power Development

The Association of Igbo Maritime Practitioners of Nigeria (AIMPN), Ports Terminal Multi- Services Limited (PTML), conducted a one day workshop titled the 123 of Shipping Company Release and containerization, which was designed to train freight forwarders on the latest shipping ...

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The Torture of Loving a Person Who Doesn’t Love You Back

The Torture of Loving a Person Who Doesn’t Love You Back

The first woman I ever fell in love with didn’t feel the same way about me. This wasn’t some sort of crush either. I really did fall in love and she really didn’t care for me that much. Sure, we ...

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SAHCOL, ABUJA STATION GETS ISAGO CERTIFICATION

3 New Airlines To Patronize SAHCOL

The Nnamdi Azikiwe International Airport, Abuja station of the Skyway Aviation Handling Company (SAHCOL) has passed the International Safety Audit for Ground Operations (ISAGO), conducted by the International Air Transport Association (IATA). According to a release signed by the General ...

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SHIPPERS CHARGED TO MAKE LILYPOND PORT OF DESTINATION

SHIPPERS CHARGE TO MAKE LILYPOND PORT OF DESTINATION

Nigerian importers have been urged to route their imports through the Nation’s Lilypond Port Terminal, Ijora, Lagos for faster and cheaper clearance process. Mr Olufemi Olabanji, Chairman, Association of Nigerian Licensed Customs Agents (ANLCA), Lilypond chapter, who made the clarion ...

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