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Blue Economy Initiative Needs Legal Framework, Policy Direction – Hassan Bello

Hassan Bello Since his exit from the Nigerian Shippers’ Council(NSC) as the Executive Secretary and Chief Executive Officer(CEO) three years ago, Mr Hassan Bello,a Lawyer has dusted his silk and back to chambers. He runs a thriving law firm in Abuja …

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NIMASA, Nigerian Navy Inaugurate Joint Committee On Blue Economy

From left to right: Cpt R.A. Suara, CTRANS, Western Naval Command; Cdre N. S. Lakan, COO, Western Naval Command; Sola Omilabu, Consultant; Rear Admiral Mustapha Hassan, Flag Officer Commanding, Western Naval Command; Chief Otonye Obom, Director Deep Blue Project; Cdre …

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SIFAX Chairman, Dr. Taiwo Afolabi Wins Zik Prize Award For Entrepreneurial Leadership

L-R Olumuyiwa Akande, Group Head, Corporate Communications, SIFAX Group; Basil Agboarumi, Managing Director, Skyway Aviation Handling Company Plc; Capt. Ibraheem Olugbade, Executive Director, SIFAX Off Dock, Alhaji Lai Mohammed, former Minister for Information and Culture; Wunmi Eniola-Jegede, Executive Director, Business …

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MMA Customs Command Makes Over N74billion In 9 Months

Lagos Airport Cargo Terminals Reopened

Murital Muhammed Airport, Lagos The Murtala Mohammed Airport Command (MMAC) of the Nigeria Customs Service(NCS) has disclosed that it collected N74, 286, 707, 443.01K revenue into the coffers of the government, between January and October 2023. The figure was N14, …

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Navy Uncovers Saboteurs’ Depots In Badagry

‘Operation Water Guard’ activated by the Nigerian Navy a week ago to combat illicit activities, has in a major breakthrough, dismantled multiple depots where thousands of jerry cans both empty and filled were stockpiled, with Premium Motor Spirit (PMS).  The …

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Customs Presence At Sea Will Reduce Smuggling –Customs CG

From left: Chief Executive Officer(CEO) Naval Dockyard Limited,Rear Admiral Abolaji Oredenu in a handshake with the Comptroller General of Customs,Adewale Adeniyi during a courtesy visit to Naval Dockyard in Lagos, last week. The Comptroller General of the Nigeria Customs Service …

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Maritime Editors To Mark 25th Anniversary, Honour Industry Captains

Adeghoyega Oyetola, Minister of Marine and Blue Economy The League of Maritime Editors (LOME) has concluded arrangements to hold its 25th anniversary celebration on December 7.The first phase of the anniversary which will be marked with a retreat in Lagos …

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Keyamo To Chair CILT 2023 Annual Conference

BULLS: CILT Nigeria 2022 And Osho-free Syndrome

Mfon Nsoro Minister of Aviation and Aerospace Development, Festus Keyamo, Governor of Edo state, Godwin Obaseki have been confirmed for the 2023 Annual General Meeting (AGM), of the Chartered Institute of Transport and Logistics (CILT), Nigeria  The president of the …

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Nigerian Shippers’ Unpaid Container Deposit Fund Hits $1Trillion Yearly

…As aggregate sum stands at $10 trillion    *How shipping companies fleece shippers, agents *Hassan Bello speaks on the way forward  Nigerian shippers now have about $10 trillion unremitted container deposit due for collection from the multi-national shipping companies operating in …

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Balancing Employment Opportunities Between Citizens And Expatriates

By Sufuyan Ojeifo Whereas needs attract investments, a 2019 National Bureau of Statistics(NBS) report showed that the natural resources and the economic opportunities in Nigeria have continued to attract Foreign Direct Investments (FDIs) by investors across the world, which culminated …

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Protesting Tanker Drivers Threaten Breakaway From NUPENG

Lagos fuel tanker drivers suspend strike

Oil Tankers Packed On The Road The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas Workers, on Sunday, threatened to pull out of NUPENG. PTD declared that it would pull out of the oil union …

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Rice Price Skyrockets As Local Production Declines

Smuggled rice Rice consumption in the country has been on a steady rise, beyond the reach of local supply, leading to a supply gap of about two million metric tonnes annually, a new report has disclosed. This has led to …

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NPA Clamps Down On Illegal Container Stripping

Giving Maritime Media The Honour They Deserve

MD, NPA, Bello-Koko The Nigerian Ports Authority has issued a stern warning against the illegal stripping of containers along the port access road. The Managing Director of NPA, Mr. Mohammed Bello-Koko, in a statement in Lagos on Sunday, noted that …

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Sun Africa Pledges $2.2bn For Nigeria’s Power Sector Devt

Adeboyo Adelabu Sun Africa LLC, an international organisation that supports Africa’s energy needs, has pledged to commit about $2.2bn for the development of Nigeria’s power sector. Minister of Power, Adebayo Adelabu, disclosed this after a meeting with representatives of Sun …

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PTML Receives W’Africa’s Biggest RORO Ship Next Week

Port Terminal Multipurpose Limited The Port Terminal Multipurpose Limited, Lagos, said it will receive the largest container-Roll-On-Roll-Off ship ever to visit the sub-region on November 27. In a statement on Sunday, the terminal operator said that the ship named MV …

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Stock Market Literacy Boosts Women’s Financial Future – NGX RegCo

Stock market dips by 1.2% amid profit-taking

NGX Regulations Limited, the regulatory arm of the Nigerian Exchange Group, has said that stock market literacy has the ability to secure women’s financial future. This was revealed at the launch of its ‘EquipHER’ initiative at its headquarters in Lagos. …

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222,141 workers dump PFAs, transfer N908bn – PenCom

PenCom exempts retirees earning below N10,000 from pensions

No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement Savings Accounts since the National Pension Commission opened the window of transfer. PenCom disclosed this in its transfers report on ‘Quarterly summary of …

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Emirates To Resume Flight In Nigeria Soon, Says Keyamo

Emirates makes a U-turn, accepts Nigeria, South Africa, Indian passengers

The Minister of Aviation and Aerospace Development, Festus Keyamo has revealed that Emirates Airlines is on the verge of announcing the long-awaited date for the resumption of its flights. The minister shared this information through his official Twitter handle on …

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Fuel scarcity: Marketers blame low supply, NNPCL disagrees

Fuel subsidy, oil theft gulped N29tn, says FG

Oil marketers stated on Thursday that the reason behind the long queues at petrol filling stations in Abuja and neighbouring Nasarawa and Niger States is the insufficient supply of Premium Motor Spirit by the Nigerian National Petroleum Corporation Limited. The …

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Monetary Reforms Yielding Positive Results, Says CBN

BULLS: Light Amidst Darkness

The Central Bank of Nigeria said that its monetary policy reforms are beginning to have positive effects on the country’s economy.  Reacting to the just-released inflation rate for October in a statement issued by the Director of the Corporate Communications …

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