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PERISCOPE

PMS And The Pump Price Dilemma

PMS And The Pump Price Dilemma

It is no longer news that the federal government of Nigeria has finally put an end to the payment of subsidy on petrol, a decision which had crumbled the economy when it was first introduced in 2012. The federal government ...

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CBN And Naira Undertakers

Bankers Committee inaugurates panel on N26bn SME fund

Towards the end of 2014 and February 18, 2015, two events of same outcome took place- the naira devaluations. These times, the actions were regulatory induced. In fact, there were many against the regulator than those with it. Of course, ...

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Amaechi’s Theatre Of Explosion

Private Sector Impunity: Presidency, Amaechi Set To Tame Terminal Operators

The appointment of Rotimi Amaechi as the Minister of Transportation was greeted with tension and anxiety among the industry stakeholders. Veterans in the maritime business had put forward several conflicting ideas on his roles as Transport minister. Experts in various ...

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Regional Ports: Fighting National Insecurity

Zonal Seaports: Combating Northern Insecurities

When Security operatives at Malam Aminu Kano International Airport seized a plane loaded with arms bound for N’djamena, capital of the Republic of Chad at about 2am on the 7th of December 2014 the Nigerian Federal government said it was ...

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Fuel Pump Price At N86: A Reality or A Farce

Petrol Price Stable As kerosene Scarcity Hits Marketers

Following the recent reduction in pump price of petrol from N97 per litre to N86 per litre at NNPC stations and N86.50k at other outlets, Nigerians have cheered the federal government as this is no doubt a welcomed development. The ...

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Transport Minister’s Visit: Amaechi’s Theatre Of Realism

National Carrier: Nigeria Signs MoU With PIL, Singapore

Rotimi Amaechi is a man who divides opinion in the Nigerian political arena. It is doubtless that he made some landmark achievements during his stint as the governor of Rivers state, although his administration wasn’t devoid of allegations which became ...

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Ports Competitiveness: Pulling Down Private Sector Cartel

Aren't We Demarketing Nigeria’s Maritime Industry?

When the Federal Government signed the concession agreement nine years ago with the private sector, among other reasons, it was to improve efficiency at the ports and promote competition among players.  Ports concessioning might have succeeded in its goal to ...

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5000 Tally Clerks: Orphans Or Ghost Workers?

5000 Tally Clerks: Orphans Or Ghost Workers?

Despite rampant unemployment across the country, the Nigerian Ports Authority (NPA) is set to lay off 5000 tally clerks and onboard security men this week. This worrisome trend has generated strange and varying interpretations and speculations by the major players ...

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Commonwealth, SOAN: Opportunities In Nigerian Shipping Industry

Commonwealth, SOAN: Opportunities In Nigerian Shipping Industry

The 2015 Commonwealth Business Forum (CBF) hosted by the European island nation of Malta was a big event in all respects and an outstanding one in the business calendar of the 2015 Commonwealth Heads of Government Meeting. Beyond elaborate opening ...

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Maritime Agenda for Transport and Finance Ministers

Maritime Agenda for Transport and Finance Ministers

Nigeria’s maritime industry has suffered poor policy implementation, inconsistent administrators, lack of skilled manpower, corruption, among other factors; these have resulted to failure in actualizing the enormous potentials available in our maritime sector. After the appointment of the long awaited ...

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Abuja MoU: The Open And Close Of A Regime

Abuja MoU: The Open And Close Of A Regime

Leadership is sweet when a good leader calls the shot. And the followership never stops asking for more. This seems to be the case at the Memorandum of Understanding on Port State Control for West and Central African Region (Abuja ...

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TSA: A Paradox Of War On Corruption

TSA: A Paradox Of War On Corruption

It is rather disinteresting to Nigerians and the international community that a system meant to curb corruption is found enmeshed in corruption of an unprecedented type. Earlier this year, on February 15 2015, marked the beginning of the full implementation ...

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Union Bank: Sustaining Growth With Refreshed Identity

Union Bank: Sustaining Growth With Refreshed Identity

In a bid to sustain its steady growth, reflected in its Third quarter 2015 result released last week, Union Bank launched a refreshed brand identity, designed to rekindle public confidence and attract increased customer patronage across the country. “As we ...

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National Carrier: Declining Local Will, Inspired Foreign Interest 

National Carrier: Declining Local Will, Inspired Foreign Interest

There is no doubt that Nigeria needs a national airline that can be identified with the country; that can be given the prerogative to carry out diplomatic and other duties for the nation and also to inherit critical air routes ...

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CSR: Is Leadership Being Environmentally Sensitive?

CSR: Is Leadership Being Environmentally Sensitive?

Most businesses in Nigeria still acts strictly in terms of profit and loss alone, this is not so strange since corporate organizations in Nigeria are hardly familiar with the concept of community relations or are they aware of what their ...

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CGC’s Visit: A Celebration Of Scepticism

New CGC: Stakeholders Sceptical

In the port system there has been incessant debates on the most effective and well thought out plan to achieve best port practices and efficiency in the ports as well as increase revenue for the Federal Government without digging big ...

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Maritime Industry Development:Africa Plans Agenda 

Maritime Industry Development:Africa Plans Agenda

In a bid to build the maritime industry in Africa and to encourage indigenous participation in trade facilitation within the continent of Africa, the African Shipowners Association (ASA) has keyed into the African Union (AU) proposed agenda for the Africa ...

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Five Star Logistics Terminal: One Death Too Many

Five Star Logistics Terminal: One Death Too Many

Safety is often the point of emphasis at any work environment. Depending on the nature of the work, the environment as well as the technicality of the activities involved, safety rules and regulations differs from one company to the other. ...

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CBN’s Forex Policy And The Crippling Effect on Importation: Way Forward?

CBN targets one million jobs through youth entrepreneurship programme

That the Central Bank of Nigeria (CBN) has restricted access to foreign currency for the importation of 41 categories of items into the country, in a move to stop the slide of the Naira, is no longer news. As the ...

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Gender Bias: Bane Of Emerging Economies’ Development

Gender Bias: Bane Of Emerging Economies’ Development

With the rising level of discrimination, violence and outright lack of jobs in many developing countries, pay disparity, suppression of entrepreneurship initiative and punitive culture, the unequal gender treatment, which is currently taking a global dimension, is taking a toll ...

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