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Shippers’ Council Kicks Against Empty Container Charges By Shipping Lines

Shippers’ Council Seals PS Maritime, Reopens Cosco Shipping

By Kenneth Jukpor Nigerian Shippers’ Council (NSC) has kicked against the proposed introduction of empty container positioning fees by some shipping lines in the country. The Council made this position known in a recent press release signed by the management. ...

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BEARS: Strike Palava

BEARS: Fearful Inspector

Aggrieved casual staff at Shell Petroleum Development Company (SPDC) on Thursday grounded operational activities of Nigeria’s largest oil export terminal in Delta state over disparities in their remuneration . The workers who are allegedly termed casual staff of the company ...

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FAAN Seeks Policy To Reduce Leftover Materials At Airports

BULLS: Bravo FAAN

The Federal Airports Authority of Nigeria (FAAN) has canvassed a policy to enforce recycling of plastics at airports. The Managing Director, FAAN, Mr. Saleh Dunoma, made the call at a programme to mark the World Environment Day in Lagos, he ...

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Railway Revitalization: The Magic Wand of President Buhari’s Administration?

BEARS: Rail Project: Political Moves?

By Oyeniyi Iwakun The revitalization of the entire railway transportation systems in Nigeria via standard gauge construction and narrow gauge seem to be the flagship  project of the President Muhammadu Buhari led administration. This project has been the mostly marketed ...

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‘Nigeria needs continuous bidrounds to offset instability in oil sector’

‘Nigeria needs continuous bidrounds to offset instability in oil sector’

An industry expert, who served as Deputy Managing Director of Shell Petroleum Development Company, (SPDC) Egbert Ulogo Imomoh, in Abuja on Wednesday, said continuous bid rounds were needed to enable Nigeria wet the shocks in the oil and gas industry. ...

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Ikeja Customs Records N2Billion Seizures, Parades 4 Suspects

E Money Visits FOU Ikeja To Negotiate Car Release

The Federal Operations Unit (FOU) Zone “A”, Ikeja of Nigeria Customs Service (NCS) last week showcased seizures worth two (2) billion naira and paraded four (4) suspects recorded in intensified anti-smuggling operations in one Month. Addressing journalists while conducting them ...

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Slippery Coating Could Save Global Maritime Industry $40 Billion Annually

Slippery Coating Could Save Maritime Industry $40 Billion A Year

Slippery coating has been tipped to save the global maritime industry $40 billion by keeping pesky organisms such as mussels and algae off ships. These organisms, which increase fuel consumption by causing frictional drag and are difficult to remove, are ...

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THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

THE IMPORTANCE OF ENTREPRENEURS IN THE SOCIETY

Entrepreneurs are frequently thought of as national assets to be cultivated, motivated and remunerated to the greatest possible extent. Entrepreneurs can change the way we live and work. If successful, their innovations may improve our standard of living. In short, ...

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Nigeria not using natural endowment for development – NEITI boss

Nigeria not using natural endowment for development – NEITI boss

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, Waziri Adio, has said that country’s natural resource endowments can translate to real and sustained prosperity if the nation maximises the opportunities they offer and manages the revenues derived from them in ...

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FG to borrow $5.5bn via Eurobonds by year-end

FG to borrow $5.5bn via Eurobonds by year-end

The Federal Government is planning to sell as much as $5.5bn of Eurobonds in the next three months to fund capital projects and replace naira-denominated debt, the Debt Management Office has said. Yields on existing bonds rose to the highest ...

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Manufacturers battle rising freight, demurrage at seaports

Manufacturers who rely on imported raw materials for their factory processes have had to contend with rising freight and demurrage costs. According to them , the costs have tripled in the last one month owing to the heavy traffic gridlock ...

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NPA Commends Customs On The Seizure Of 661 Pump Action Rifles

FG Issues New List Of Govt Agencies To Operate At Ports

The Managing Director, Nigerian Ports Authority (NPA) Ms. Hadiza Bala Usman has commended the Customs Comptroller General, Col. Hameed Ali (Rtd.) and his management team on measures put in place; which resulted in the stupendous seizure of not fewer than ...

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Togolese National Accuses SEC of Victimisation, Demands N500m Damages

Togolese National Accuses SEC of Victimisation, Demands N500m Damages

A Port Harcourt-based Togolese man, Tsomenefa Kounougna, has accused the Nigerian Securities and Exchange Commission (SEC) of victimisation by trying to cripple his investments, Flexus Global Solutions and Investment Limited and Port Harcourt Flexible Co-operative Investment, in Rivers state. He ...

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Smugglers Concealed Rice As Dead Body

Unemployment And The Alarming Rate Of Civil Service Recruitment Scam

Dare devil smugglers have been arrested at the Seme border by operatives of the Customs Command of the Nigeria Customs Service for concealing rice as dead bodies. Officers of the service also arrested a suspected smuggler, Mr. Moses Degbogbahun, who ...

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RE: NITT, ABU ROMANCE: IS NITT LOSING ITS IDENTITY?

NITT, ABU Romance: Is NITT Losing Its Identity?

The attention of the management of the Nigerian Institute of Transport Technology NITT, Zaria has been drawn to an article titled “NITT, ABU Romance:  Is NITT losing its identity” published by the Maritime Management Series MMS Plus, Lagos on Sunday, ...

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Ngige Urges ICT Companies To Support Agriculture, Mining

Workers may get pay rise next year, says Ngige

 The Minister of Labour and Employment, Dr. Chris Ngige, has called on Information and Communications Technology (ICT) companies in Nigeria to support the economic diversification efforts of the federal government, by deploying ICT solutions for the enhancement of agricultural and ...

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200 PHCN Containers Abandoned At Ikorodu Terminal

Travellers, Customs at loggerheads over seized vehicles at checkpoints

Discos, Customs Disagree On Collection While millions of Nigerians continue to suffer grossly as a result of the scarcity of power supply in the country, over 200 containers of power equipment and transformers have been abandoned at the Ikorodu Container ...

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BULLS: New Crude Regime

The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), the Nigerian Maritime Administration and Safety Agency (NIMASA) and other stakeholders in the oil and gas industry have renewed contracts for lifting Nigerian crude oil. This ...

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