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Author Archives: mms plus

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Recognizing Citizens’ Welfare For  Smuggling Suppression.

Recognizing Citizens' Welfare For  Smuggling Suppression.

By Oyeniyi Iwakun “Injustice arises when equals are treated unequally and unequals treated equally.” Government introduces harsh tax and tariff policies on daily basis, they claim the nation is in recession, hence the shortage of funds and necessary resources to ...

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Airports Concession: Varying Sides Of The Prism

Airports Concession: Varying Sides Of The Prism

By Kenneth Jukpor & Nkem Osuagwu Several weeks after the Federal Government gave the go ahead to concession four of the nation’s major airports specifically, Murtala Muhammed International Airport, Lagos; Nnamdi Azikiwe Airport, Abuja; Amino Kano Airport, Kano; and the ...

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Son Conformity Assessment Programme (Soncap)

Importers Can Use SONCAP To Prevent Post-Shipping Ordeals

SONCAP is a pre-shipment verification of conformity to Standards process used to verify that products to be imported into Nigeria are in conformity with the applicable NIS or approved equivalents, and technical regulations before shipment. Under the SONCAP regime, imports ...

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Public Servants No Longer Care About Developing Nigeria – Dr. Maduka

Public Servants No Longer Care About Developing Nigeria – Dr. Maduka

By Kenneth Jukpor Until his retirement last week, Dr. Sunny Oby Maduka was the Chief Internal Auditor of the Nigeria Ports Authority (NPA) Tin Can Island Ports Complex. In this interview with MMS Plus, he spoke extensively on the numerous ...

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Kachikwu’s leaked memo rekindles scandal around NNPC

Kachikwu’s leaked memo rekindles scandal around NNPC

A leaked memo from Nigeria’s minister of state for Petroleum Resources has shown that irregularities in the state-owned oil giant remain entrenched, despite official vows to root out the “cancer” of graft. Emmanuel Ibe Kachikwu wrote to President Muhammadu Buhari ...

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BULLS: HappY BirthdaY NIyi!

BULLS: HappY BirthdaY NIyi!

Mr. Oyeniyi Iwakun is emerging media guru at Kings Communication Limited, publishers of MMS Plus Weekly newspaper. Last week Thursday was a special day for this young and ambitious man and the MMS Plus editorial team wishes him many triumphant ...

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BEARS: Empty Executive Promises

BEARS: SON Goofs

When the Minister of Transportation Hon. Rotimi Amaechi stated Nigeria would have a national carrier (for ships) before the end of 2016, maritime stakeholders knew that the chances of realizing this were slim as the Minister was brimming with anxiety ...

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FG to continue airport remodelling despite concession plans

FG to continue airport remodelling despite concession plans

Indications have emerged that the Federal Government’s plan to upgrade all the 22 airport terminals in the country will not be affected by the proposed concession of some of the airports. Our correspondent had reported that with the failure of ...

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Customs seize 3,665 vehicles worth N13bn from smugglers

Customs release names of officers with disciplinary cases

A total of 3,665 vehicles with duty paid value of N13.164bn were seized by the Nigeria Customs Service between 2015 and 2017, the Comptroller-General of Customs, Col. Hameed Ali (retd.), has said.. Ali stated this in a lecture on ‘Problems ...

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WISTA Nigeria To Hold Business Luncheon Next Month

WISTA Nigeria To Hold Business Luncheon Next Month

By Kenneth Jukpor Women’s International Shipping and Trading Association (WISTA) Nigeria is set to hold a business luncheon and launch its annual quarterly journal on November 8, 2017 at the Civic Centre, Victoria Island, Lagos by 10am. The business luncheon ...

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FG needs $16bn for deep seaports, rail, others – Amaechi

FG needs $16bn for deep seaports, rail, others – Amaechi

The Federal Government currently needs about $16bn to actualise some of the programmes already approved for the Ministry of Transportation. The Minister of Transportation, Mr. Rotimi Amaechi, disclosed this in an interview with State House correspondents after his meeting with ...

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Senate sets conditions for FG on 2018 budget

Senate sets conditions for FG on 2018 budget

The Senate on Thursday considered and adopted the report of its Joint Committee on Appropriation and Finance over its meeting on Tuesday with the Minister of Finance, Mrs. Kemi Adeosun; and Minister of Budget and National Planning, Senator Udo Udoma, ...

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FG releases N100bn to contractors for Ibadan-Ilorin road, 24 others

FG releases N100bn to contractors for Ibadan-Ilorin road, 24 others

The Federal Government on Thursday completed the process required for the funding of the reconstruction and rehabilitation of 25 major economic roads in the six geopolitical zones of the country, using the N100bn sovereign sukuk. According to the government, each ...

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Nigeria’s electricity law near perfect – Fashola

Nigeria’s electricity law near perfect – Fashola

The Electric Power Sector Reform Act that was passed in 2005, which serves as Nigeria’s electricity reform law, is one of the best in the world and is almost perfect, the Minister of Power, Works, and Housing, Babatunde Fashola, has ...

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Buhari names Aisha Ahmad new CBN deputy governor

Buhari names Aisha Ahmad new CBN deputy governor

President Muhammadu Buhari has appointed Mrs. Aishah Ahmad, as Deputy Governor of the Central Bank of Nigeria. According to a statement on Thursday by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President had presented Ahmad to ...

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Kachikwu/Baru feud: Presidency keeps mum, Senate to probe NNPC boss

Kachikwu/Baru feud: Presidency keeps mum, Senate to probe NNPC boss

Twenty-four hours after a letter he wrote to President Muhammadu Buhari was made public, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Wednesday joined his colleagues for the weekly Federal Executive Council meeting at the Presidential Villa, ...

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Naira closes at 363/dollar

Naira closes at 363/dollar

The naira recorded a marginal gain on Wednesday, closing at 363 per United States dollar. The local currency had closed at 364/dollar on Tuesday, up from 365/dollar recorded on Friday. The Federal Government declared Monday public day for the celebration ...

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CBN recovers N50bn excess charges from banks

Interbank lending rate drops to 20% amid cash squeeze

The Central Bank of Nigeria has recovered over N50bn excess charges imposed by banks on their customers. The Acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor, disclosed this at the ongoing Abuja International Trade Fair on Wednesday. Okorafor said that ...

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Slow $100m cabotage fund implementation threatens indigenous shipping

Slow $100m cabotage fund implementation threatens indigenous shipping

Concerned about drag in the implementation of the Cabotage Act, stakeholders have requested the Nigerian Maritime Administration and Safety Agency to facilitate the disbursement and utilisation of the Cabotage Vessel Financing Fund for the purpose of developing indigenous shipping capacity. ...

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NNPC reopens Ibadan depot

NNPC reopens Ibadan depot

The Group Managing Director, Nigeria National Petroleum Corporation, Maikanti Baru, on Wednesday reopened the NNPC depot in the Apata area of Ibadan, Oyo State after some years of inactivity. Baru said that President Muhammadu Buhari was concerned about ease of ...

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