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Author Archives: mms plus

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BEARS: Rivers Brutality

BEARS: Rivers Brutality

Despite the peaceful presidential election in several parts of the country, there was violence in Lagos, Rivers and Anambra States. However, Rivers state has been a major source of concern as the state is known for its violent nature Over ...

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Managing Nigeria’s Resources: Extraneous Replication Of Agencies

Managing Nigeria's Resources: Extraneous Replication Of Agencies

Recently, there has been a fight for turf on the privatization and concession spaces among government agencies, especially between Bureau of Public Enterprises (BPE) and the Infrastructure Concession Regulatory Commission (ICRC). Despite the development of a Public Private Partnership policy in ...

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Missing Sailors: NITOA, Merchant Navy Accuse NIMASA Of Negligence

Missing Sailors: NITOA, Merchant Navy Accuse NIMASA Of Negligence

The Nigerian Trawler Owners Association (NITOA) and the Nigeria Merchant Navy Officers and Water Transport Senior Staff Association have accused the Nigerian Maritime Administration and Safety Agency (NIMASA) over failure to respond swiftly to distress call on the recent fire ...

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Oil Sector, Highest Contributor To Illicit Financial Flows – Report

Oil Sector, Highest Contributor To Illicit Financial Flows – Report

Business operators in Nigeria’s oil and gas sector contribute the most to the illicit financial flows recorded annually in Nigeria, a report by the Nigeria Extractive Industries Transparency Initiative and Trust Africa has stated. It specifically stated that 92.9 per ...

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Sagacious Sarah

Sagacious Sarah

Sarah Omotunde Alade is a former Acting Governor of the Central Bank of Nigeria (CBN). She has also served as Deputy Governor (Economic Policy), Central Bank of Nigeria. She joined the Central Bank of Nigeria in 1993 as an Assistant Director in ...

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Port Congestion & Corruption Aftermath: Hub Port Eludes Nigeria, As Togo, Ghana Dominate West Africa

‘Nigerian ports may lose 40% of cargoes this year’

. No plan, no strategy for port sector growth · Calabar Dredging: How NPA can generate N50bn By Kenneth Jukpor Nearly six months has passed since Togo attained hub-port status in West and Central Africa, yet Nigeria continues to slide downward as ...

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Waterways Passengers Decry SIFAX Monopoly At Ojo Jetty

Waterways Passengers Decry SIFAX Monopoly At Ojo Jetty

By Kenneth Jukpor Users of the Ebute-Ojo jetty managed by SIFAX Group has accused SIFAX of masterminding a monopoly which has seen the jetty users spend long hours outside the facility as penalty for not patronizing SIFAX ferries. While the ...

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Chamber of Shipping Holds Summit On Eastern Ports Viability

As part of efforts to address the myriad of challenges inhibiting the seaports in the Eastern part of the country, the Nigerian Chamber of Shipping (NCS) is set to organized a crucial stakeholders’ conference on Wednesday, this week at Four ...

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Nigeria Complied With OPEC Cut Deal In February —Kachikwu

Nigeria moves to dominate global oil industry with 100 firms

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigeria implemented its portion of the production deal by the Organization of Petroleum Exporting Countries in February, a move that enhances the impact of supply cuts that have ...

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NBET Owes Electricity Producers N364bn In 10 Months

NBET Owes Electricity Producers N364bn In 10 Months

Electricity generation companies are owed N364.11bn by the Nigerian Bulk Electricity Trading Plc for electricity generated, sold and fed into the national grid from January to October last year, latest data from the bulk trader showed on Thursday. The government-owned ...

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Kano Signs $500m Mou With World Bank

World Bank, AFDB To Help Tackle Climate Change, Provides $47.5bn

Kano State Government, on Thursday last week, signed a Memorandum of Understanding with the World Bank and the Federal Government to support medium and small-scale farmers, with a $500m grant. The Permanent Secretary in the State Ministry of Agriculture, Aminu  ...

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Operators Invest N636bn Pension Funds In Banks

Operators Invest N636bn Pension Funds In Banks

The Pension Fund Administrators have invested N636.99bn out of the total pension funds in their custody in banks as of the end of November 2018. This amounted to 7.49 per cent of the funds managed by the pension operators. Figures ...

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MTN Projects 90% Profits Boost Despite Nigerian Regulatory Fine

MTN Projects 90% Profits Boost Despite Nigerian Regulatory Fine

MTN Group says it is expecting an increased profit by as much as 90 per cent in 2018, as the company continues to recover from a regulatory fine in Nigeria. Analysts had predicted that the $8.1bn repatriation demand dispute with ...

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2018: Domestic Flight Operations Increased By 23%

2018: Domestic Flight Operations Increased By 23%

Domestic flight operations rose by 23.7 per cent in 2018, figures obtained from the Nigerian Civil Aviation Authority have shown. The figures obtained by our correspondent showed that domestic airlines operated 59,818 flights from January to December 2018, compared to ...

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Why AIB Wants MOU With Airforce, Navy, Police – Oketunbi

Why AIB Wants MOU With Airforce, Navy, Police - Oketunbi

Mr. Tunji Oketunbi is the General Manager, Public Affairs of Accident Investigation Bureau (AIB). In this interview with MMS Plus newspaper, he speaks extensively on how the agency has been able achieve a lot in recent times even as it ...

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SAHCO Provides Ground Support Equipment To facilitate Port Harcourt Operations

SAHCO Provides Ground Support Equipment To facilitate Port Harcourt Operations

Skyway Aviation Handling Company PLC (SAHCO) has deployed a state-of-the-art Ground Support Equipment (GSE) to boost operations at its Port Harcourt station. Manager, Corporate Communications, Vanessa Uansohia, said in a statement made available to newsmen that the Ground Support Equipment ...

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MMS Hall Of Fame To Mark International Women’s Day, Empower 250,000 Women

MMS Hall Of Fame To Mark International Women’s Day, Empower 250,000 Women

As part of activities to mark the 2019 United Nation’s International Women’s Day (IWD), MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative  is set to organize MMS Hall Of Famers’ Day on the theme;“Innovating  Passion For Sustainable Living: A ...

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BULLS: Meticulous NAFDAC

BULLS: Meticulous NAFDAC

Goodluck Nwadike’s arrest by officials of the National Agency for Food and Drug Administration Control (NAFDAC) in Kano for storing falsified and substandard Tetanus Vaccines leaves a lot to be desired about Nigeria’s medical system and drug control. The vaccines ...

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Fuel import drops as 26 vessels sail to Lagos before mid-March

Fuel import drops as 26 vessels sail to Lagos before mid-March

Petroleum products imports into Nigeria, slumped as just one of the 26 vessels expected into the Lagos ports between now and March 11, is conveying premium motor spirit (PMS). Latest Shipping Position released by the Nigerian Ports Authority (NPA), and ...

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Baru, in UK, woos investors with Nigeria’s $48b oil, gas projects

Baru, in UK, woos investors with Nigeria’s $48b oil, gas projects

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday exposed the international community to the $48 billion oil and gas potential in the country. Speaking on “Future Exploration Hotspots: Opportunities for Africa’s Oil ...

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