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Blue Economy, Transport Ministry Organize  Digitization Training For Workers

To ensure that all categories of its members of staff could have practical hands-on capabilities to get letters, proposals, files, and other forms of documents received through their registries, un-bound, scanned, quality-checked, and indexed (the four critical stages of digitization), …

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NIMASA DG Signs  Performance  Bond For 2023-2027 With Ministry

L-R: Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh OFR; Director Planning, Federal Ministry of Marine and Blue Economy, Dr. Mercy Olanike Ilori; Honourable Minister of Marine and Blue Economy,  Adegboyega       Oyetola, Permanent Secretary, Federal Ministry …

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FG Sets Up Committee To Reduce Gas Price

Experts applaud fed goverment on LPG investment promotion

Federal Government has taken drastic step to ensure that the soaring prices of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas was curtailed with immediate effect. The price of cooking gas per kg rose from about N700 to above …

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Tinubu Reshuffles NNPC Board, Management

How NNPCL Withheld N8.48tr From Federation Account - RMAFC

Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023. The move, according to the Special Adviser to the President, (Media & Publicity), …

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Navy Deploy 13 Ships, 2 Helicopters, 88 Boats To Battle Crude Oil Theft, Piracy, Other Crimes

The Minister of State for Defence, Mohammad Bello Matawale, has lauded the Nigerian Navy for varying degrees of success, which according to him, had led to the reduction of maritime crimes, leading to improved economic activities and national developments. Matawale …

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Service Sector Lifts Nigeria’s GDP By 2.54 % In Q3 2023

Foreign trade declines by N2.6tn over FX shortage – NBS

The National Bureau of Statistics (NBS) says the country’s Gross Domestic Product (GDP) grew by 2.54 percent in the third quarter (Q3) of 2023.  The growth rate according to the NBS  is higher than the 2.25 percent recorded in the same quarter …

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FG Explains 50% Subsidy On Agric Inputs

Minister of Agriculture, Abubakar Kyari The Federal Government has approved a 50 per cent reduction in the cost of agricultural inputs for farmers, aligning with the commencement of dry season farming scheduled for November 25, 2023. A statement issued by …

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Nigeria  Silent On Category C  Election As Oyetola Billed  To Address IMO

Oyetola Following the concerns by maritime stakeholders over Nigeria’s serial failures in the category C  council election of the International Maritime Organisation(IMO), Nigeria officials now keep every details of the 2023 election secret. Committee for the election was set up earlier …

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WISTA On Blue Economy

The Women’s International Shipping and Trading Association( WISTA) Nigeria last week had its annual luncheon with the theme: “Blue Economy – Potentials for Building and Repositioning the Maritime Industry”. It held in Lagos with top-notch speakers. Enjoy the pictures.

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Ronke Kosoko: The Diarrhea Of Power And Diatribe Against Maritime Stakeholders(1)

By Kingsley Anaroke The maritime media, last week, received another unsightly bashing from Princess Ronke Kosoko at the just concluded Stakeholders’ Roundtable on Advancing Sustainable Development in Nigeria’s Marine and Blue Economy, organized by Federal Ministry of Marine and Blue Economy. It …

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Blue Economy: Minister Commits CEOs To Performance Bond

Chief Executive Officers of agencies under the Ministry of Marine and Blue Economy with the Minister, Adegboyega Oyetola as well as the Permanent Secretary, Dr Magdalene Ajani in a photo session displaying signed performance bonds in Lagos on Thursday In …

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World Bank Says Inflation Will Push 2.8million Nigerians Into Poverty

Nigerian economy shrinks by N63bn, 28 sectors struggle

Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has disclosed. This is based on a report titled, ‘Macro Poverty Outlook: Country-by-country Analysis and Projections for …

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Obey Tax Laws, FIRS Warns Shipping Companies

The chairman, Federal Inland Revenue Service, Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their operations. Adedeji gave the charge in Lagos at a workshop on taxation …

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Nigeria, Germany Sign $500m Renewable Energy, Gas Deals

In a significant move to strengthen economic ties, Nigerian and German companies sealed two pivotal agreements in Berlin on Tuesday. The accords valued at $500m, encompass a renewable energy pact and a gas export deal, marking a milestone in bilateral …

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Black Marketers Hijack NPA’s E-Call Up System, Sell Ticket For N150,000 Per Truck

Truckers accuse NPA of safety compromise

•TTP to deploy technology tags for vehicle identification, says price remains N10,800Freight forwarders have raised the alarm over the return of impunity and corruption in the administration of the Nigerian Ports Authority (NPA) and Truck Transit Park Limited (TTP) electronic …

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Adostic Adobi

Mrs. Adobi Stella Nwapa, is an Executive Director with the Zenith Bank Plc. She is on the board with over thirty years’ cognate experience in banking, being a pioneer staff of the Bank since 1990. She possesses robust institutional memory …

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Evaluating African, Asian DFIs’ Drive for Climate Funding

The African Development Bank (AfDB) recently noted that Africa needs to spend $250 yearly to meet its climate finance needs not only to comply with a greener world nicety but as a strategy for to grow its economy Climate spending …

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Bello-Koko: Expressing Sustainability In Blue Economy

Bello-Koko The act of paying unscheduled visits to monitor environments and project sites is a demonstration of good leadership and could further be expressed in the concept of sustainability which essentially is anchored on four pillars of people, environment, profit …

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BEARS: Lessons In Eric’s Death

Late Eric Onyejekwe Mr Eric Onyejekwe, former director of press in Federal Ministry of Transportation is dead. Surprisingly, his corpse is yet to be claimed by his family members. He led a life of a recluse, very introvertly secretive that …

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BULLS: Why Is Ajani The Headmistress?

FG Inaugurates Committee On Over Time Cargo Clearance

Magdalene Ajani Do you know why Dr. Magdalene Ajani, Permanent Secretary, Federal Ministry of Marine and Blue Economy, is called the Headmistress? Her work culture and ethics spell that sobriquet in its finest form. She is not operating in the …

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