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Author Archives: mms plus

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Naira Hits Three-Month High

Naira Crashes To 300 Against Dollar

The naira strengthened against the dollar on the interbank market on Monday, reaching its strongest in almost three months, as a unit of Royal Dutch Shell sold dollars and demand for hard currencies weakened. According to Reuters, the naira closed at ...

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Nigeria Exports N4.9bn Worth Of Goods In Six Months

Nigeria Exports N4.9bn Worth Of Goods In Six Months

Not less than N4.9 billion worth of goods were exported out of the country through Nigeria’s premier border, Seme in the first six months of the year. Some of the goods exported during the period include plastics, furniture, fruit drinks ...

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Investors Can No Longer Overlook Africa – Peterside

Investors Can No Longer Overlook Africa – Peterside

The Chairman, Stanbic IBTC Holdings Plc, Mr. Atedo Peterside, has said that with consistent improvement in political governance, an expanding middle class, huge consumer market and economic growth rates averaging five per cent in the last decade, investors can no ...

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BEARS: Na Wah For Naija Police!

BEARS: Golden Toilets

It has come to the notice of Bears that the police men who are assigned to patrol and control traffic along Alaba International axis are no longer doing their job as supposed, what they do these days, is to take ...

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Increase Investments In Nigeria, FG Urges UK firms

Increase Investments In Nigeria, FG Urges UK firms

Minister of State for Finance, Ambassador Bashir Yuguda The Federal Government has unveiled plans to deepen bilateral trade relations with the United Kingdom in order to attract fresh investments into the country. The Minister of State for Finance, Ambassador Bashir ...

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Lloyds’ Libor Fine To Help Armed Forces

Lloyds’ Libor Fine To Help Armed Forces

Millions of pounds of fines imposed on Lloyds Banking Group for manipulating lending rates will go to military good causes. According to the Sky News, the Prime Minister, along with the Chancellor George Osborne, made the announcement on a visit to a ...

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FAAN Sensitises Airport Workers On Ebola Virus

FAAN Sensitises Airport Workers On Ebola Virus

The Federal Airport Authority of Nigeria (FAAN) has sensitised workers from different agencies operating at the Murtala Muhammed Airport (MMA), Ikeja and the Nnamdi Azikiwe International Airport in Abuja on the dangers posed by the Ebola virus and how to ...

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Niger Delta: Navy Apprehends Indian, Ghanaian Nationals For Oil Theft

Niger Delta: Navy Apprehends Indian, Ghanaian Nationals For Oil Theft

Barely a week after the Nigerian Navy handed 25 suspected oil thieves, including foreign nationals, to the Nigeria Security and Civil Defense Corps (NSCDC) for prosecution, the navy has again apprehended 11 Indian nationals, three Ghanaians and two Nigerians in ...

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BULLS: Obicee

BULLS: Congrats Aisha & Obiageli

Bull wish to congratulate the National Publicity Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Dr. Obicee Okonkwo on the recent award he received from the Transport Development Excellence Award (TDEA), as the most progressive publicity secretary. Bull ...

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cargo surveyor

A Cargo Surveyor

is the Inspection Manager of Cargo Inspection and Freight Ltd (CIF). He is a professional with vast knowledge of Cargo Survey in the shipping business. In this week’s edition of your Shipper’s Guide, he takes you on what Cargo survey ...

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Leadership Kwashiorkor: How Did We Get Here?

Leadership Kwashiorkor

Suicide bombing, kidnapping bomb explosions and such other vices were alien to Nigeria a few years ago; we only read about them in newspapers and wondered if what we heard were actually true. Sometimes, we thought it was movie stunt ...

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Low Gas Consumption Limits NLNG Market Share

NLNG Panics As US, Australia Enter Gas Market

The supply of Liquefied Petroleum Gas (otherwise referred to as cooking gas) to the Nigerian market by the Nigeria Liquefied Natural Gas Limited is currently being limited by the low utilisation of the products by Nigerians. The NLNG is claiming ...

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HALL OF FAME 2013 DAZZLING Diezani Allison-Madueke, Minister of Petroleum & Resources

HALL OF FAME 2013 DAZZLING Diezani Allison-Madueke, Minister of Petroleum & Resources

Born on December 6th 1960, the Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke is a woman with steely will for change in leadership. Her Commitment to help bring a better order in Nigeria has elicited a bundle of mixed feelings ...

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Why Nigeria Should Embrace Embedded Energy For Power Supply

Why Nigeria Should Embrace Embedded Energy For Power Supply

Mrs Barbel Freya is the Head of Renewable Energy of the Delegation of German Industry and Commerce. In this chat with Emeka Chukwuaku, she explains what embedded energy generation is as related to renewable energy and calls for more awareness ...

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Power Minister Advises Customs On Govt. Cargo

PHCN Terminal Benefit: Committee Screens 1,669 Retirees And Next-Of-Kins

The Minister of power, Prof. Chinedu Nebo has called on the Nigeria Customs Service to desist from keeping government consignments in the port for a long period of time due to accumulation of demmurage or clearing costs so as to ...

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Akwa Ibom To Partner NIWA Waterways Code Enforcement

Akwa Ibom To Partner NIWA Waterways Code Enforcement

The National Inland Waterways Authority NIWA, has been assured of the support of the Akwa Ibom State Government in its effort to enforce safety and security on our inland waterways. Governor Akpabio gave the assurance at the National Conference organized ...

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Why Lagos Port Is Better

Why Lagos Port Is Better

The Lagos Port Complex (LPC), Apapa, has a number of “unique selling points”, the Port Manager, Mr. Nasir Anas Mohammed has said. Apparently adducing reasons why LPC is different from others, Mohammed said: “One is the channel that we have. ...

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Compel Foreign Airlines To Empower Nigerians- Capt. Meggison

“The unexamined life is not worth living” – Socrates This apt saying by Socrates seems to explain our national life in Nigeria where we often engage in activities without reviewing or possibly examining the consequences ahead. For a man to achieve the goals defining a meaningful life which is the basic essence of living, our lives must be subjected to regular examination. The alarming rate of joblessness in the Nigerian state has become an issue of public discuss. First is the perpetual pressure on state and consequent destabilization of state activities. Nigeria on daily basis experiences the influx of wandering jobless youths on the streets which has exposed them to vulnerability in various illicit and illegal deals for survival sake. Morality which ought to be at the nexus of national life has been found wanting due to this pervasive malaise that has bred ruthlessly into every facets of life and has rendered the entire political and administrative systems dangerously precarious, shaky and wobbly. Overtime, the Nigerian society has been programmed in such a manner that citizens are constrained to rely on government for every basic necessity for survival via an educational system that lacks feasible practicability and necessary skills acquisition for productivity. Overrating of education, ethnicity, religion among others have been identified as the causative agents of institutional breakdown and disfunctionality of the political and administrative structures of the country thereby paving way for division and laziness among potential engineers of development. Ordinarily, one would have believed that when a child is educated, job opportunities and an enabling environment for talent display awaits him after graduation from school but reverse is the in our plity where education has become a crime and mediocrity placed over meritocracy and intellectual uprightness. A glimpse at the aviation sector shockingly reveals the untold hardship and trivializes ones aspiration of becoming an Aeronautic Expert including, engineering and designing, piloting and other aviation professional fields of endeavor with the proliferating rate of joblessness among graduates and certified expatriates in this sector. Not quite long, it was reported that ‘’Over five hundred (500) unemployed pilots and aviation engineers have taken to menial jobs and taxi driving in Nigerian’’ according to an online media report. It is also said that if you have three unemployed pilots in a place, you may be having five or more Aero Engineers meaning there may be more unemployed Aero Engineers than Pilots. Should we blame it on the country for not providing a national career? The parents? The industries? Should we scrap the course from Nigerian universities? Although experts have claimed that unemployment is an international phenomenon as report has it that there are over ten thousand (10,000) unemployed pilots in India. It is a global issue that needs urgent attention. Howbeit, the deteriorating rate of Nigerian aviation industry really calls for expedient rehabilitation especially when one realizes that employment into few vacant positions is based on tribalism, nepotism, and religious sentiments resulting to recruitment of unprofessional and unqualified persons of unrelated academic field of endeavor. Of course, you cannot put something on nothing and expect something good, it will rather crumble. The end point will surely be low output and decay of the system. In curbing these challenges, unfavourable policies should also be withdrawn while investor-friendly ones should be made to open a favourable atmosphere for investors to operate. Privatization with strategic partnership of some sub-sectors will also be of advantage while government should also encourage a national career and innovations. Nigeria must also stop overrating education, religion and ethnicity.

The Chairman of Airline Operators of Nigeria (AON), Captain Nogie Meggison has advised the Federal Government to compel foreign airlines to set up a line station for aircraft maintenance in the country and employ engineers as a means of assisting ...

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CBN Gives Forex Conditions To Foreign Shipping Firms: Shippers’ Council To Monitor Repatriation Of Funds

CBN Unveils Collateral Registry Regulations To Enhance Access To Credit

To attain its goal of exchange rate stability in the economy, the Central Bank of Nigeria (CBN) has handed down some monetary policy measures to operators in the maritime industry. Under these measures, the Nigerian Shippers’ Council (NSC) has further ...

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Customs Agents / Freight Forwarding Associations: What Is Their Relevance To Members?(2)

Customs Agents /Freight Forwarding Associations

In actual fact, there are two sides to a coin which also depicts what obtains in associations or any group of persons who come together under the aegis of transacting a business or getting a deed done. The Association of ...

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