The Federal Executive Council (FEC) on Wednesday approved the sum of $328.87m as railway consultancy services. This amount represents about 165 billion in naira.The FEC presided over by President Muhammadu Buhari also approved the concession of Onitsha River Port to …
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In a what seems like a test of the capacity of the Nigerian Maritime Administration and Safety Agency(NIMASA) Deep Blue Assets, a Floating Production, Storage and Offloading (FPSO) vessel, named Trinity Spirit, exploded yesterday within the Nigeria’s territorial waters, generating fear …
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The Central Bank of Nigeria (CBN) plan to introduce e-invoicing has come under serious criticism from freight forwarders as the practitioners allege that the move is a ploy to take Nigeria back to pre-shipment inspection (PSI) regime. Following the CBN …
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By Kenneth Jukpor As part of vigorous anti-smuggling exploits in January 2022, the Federal Operations Unit Zone A of Nigeria Customs Service (NCS) in Lagos has made seizures worth N4,590,312,335 (duty paid value) and recovered N192,010,155.73 as revenue within 5 …
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By Kenneth Jukpor The Nigerian Importers Integrity Association (NIIA) has called on the Nigerian Ports Authority (NPA) and other relevant agencies including the Nigeria Customs Service (NCS), National Inland Waterways Authority (NIWA) and the Nigerian Maritime Administration and Safety Agency …
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By Kenneth Jukpor Normalcy has been restored at the Kirikiri Lighter Terminal (KLT) with the reopening of Joatelim Terminal after it was shutdown for one week following the demise of a freight agent, Kennedy Ikechukwu. The terminal located at …
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• As Jamoh Reiterates Agency’s Commitment to Shipping Development The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh has announced an increase of 43.6% in condition survey for Flag Registration by the Agency in …
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SIFAX Group, a conglomerate with investment in Maritime, Aviation, Logistics, Oil & Gas, Financial Services and Hospitality, has spent over N250 million on corporate social responsibility (CSR) programmes across Nigeria in 2021. The company’s CSR is focused primarily on education, …
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By Kenneth Jukpor The Minister of Transportation, Hon. Rotimi Amaechi has given a 2-week deadline for the conclusion of the Governing Board elections of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN). Amaechi gave this directive yesterday …
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By Kenneth Jukpor Freight agents operating at the Kirikiri Lighter Terminal (KLT) have shutdown Phase 2 of the terminal operated by Joatelim Logistics Limited over their gross negligence which led to the death of a licensed Customs agent, Mr Kennedy …
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By Kenneth Jukpor The Managing Director, National Inland waterways Authority (NIWA), Dr George Moghalu has assured that the apex regulatory agency on brown water economy will leave no stoned unturned in the quest to ensure accident free water transportation in …
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By Sylvester Kwentua The dust is yet to settle since Nigeria’s national football team, the Super Eagles, got knocked out of the ongoing African Cup of Nations (AFCON) competition taking place in Cameroon, nevertheless, there has been an avalanche of …
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By Kenneth Jukpor Over 36,000 containers were moved via barge operations from the Tin Can Island Ports (TCIP) in 2021 while Nigeria Customs Service (NCS) collected N493,754,017,176.81 during the year at the Command. The Area Controller, TCIP Command, Comptroller Musa …
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By Kenneth Jukpor Freight agents operating at Onne seaport have called the attention of the federal government to the numerous problems limiting port activities at Onne, highlighting port access roads, multiple Customs alerts and arbitrary interception of cargoes as pressing …
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By Kenneth Jukpor As part of efforts to organize the much anticipated Governing Board elections of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), the Minister of Transportation, Hon. Rotimi Amaechi will have a meeting with the …
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By Kenneth Jukpor Despite its role as the biggest seaport terminal operator in the country, APM Terminals Apapa, is still rapidly transforming into a world-class facility. Speaking in Lagos while reviewing the performance of APM Terminals Apapa in 2021, Klaus …
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The United Nations Office on Drugs and Crime (UNODC), has commended Nigeria for the first-ever successful prosecution and conviction of piracy in Africa. This is contained in a statement issued by the Head of Strategic Communication, Office of the National …
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Promoters of Ponzi schemes and other unregistered investment schemes are set to suffer stiffer punishments with the Securities and Exchange Commission (SEC) to be empowered with a new bill to be passed by the National Assembly. Under the proposed law, …
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The Federal Competition and Consumer Protection Commission (FCCPC) has signed a Memorandum of Understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure fair competition among operators in the industry. FCCPC’s Chief Executive Officer, Mr. Babatunde Irukera, said at the …
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By Kenneth Jukpor Worried by Nigeria’s increasing debt profile with numerous loans, the Association of Nigeria Customs Licensed Agents (ANLCA) has advised the federal government to be cautious before signing the $3.1billion Customs Modernization Project. ANLCA President, Hon. Tony Iju …
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