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Yearly Archives: 2020

Maritime Agencies Adopt Modalities To Address Overlapping Functions

Maritime Agencies Adopt Modalities To Address Overlapping Functions

Parastatals under the Federal Ministry of Transportation have agreed on modalities for handling areas of overlap in their responsibilities. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this in Lagos after a meeting of ...

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Ibadan Dry Port: Shippers’ Council Guarantees CRCC 

Ibadan Dry Port: Shippers' Council Guarantees CRCC 

A major milestone in dry port development in Nigeria was witnessed this week as the Federal Government and CRCC, the preferred bidders for the construction of the Ibadan Inland Dry Port met to conclude negotiations. Under the arrangement, Nigerian Shippers’ ...

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COVID-19: Managing Face Mask Misconception

COVID-19: Managing Face Mask Misconception

Over 50 countries across the world have mandated wearing face masks in public. People wear them to protect themselves and others from catching the coronavirus that spread across nations of the world. As the pandemic continues, the face mask looks ...

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Nigerian Airports Viability: Exploring Non- Aeronautical Revenue

Nigerian Airports Viability: Exploring Non- Aeronautical Revenue

By Ayoola Olaitan Globally, aviation industry is seen as a catalyst for economic growth and development of any nation and Nigeria’s over 200 million population and 15 million air travel passengers movement makes the industry a viable one in the ...

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Funky Funke

Funky Funke

Funke AlomoOluwa is the Managing Director of ChamsAccess Limited, a subsidiary of Chams. Funke was the deputy project manager and chief installation officer of the Bank Verification Number (BVN) project initiated by the Central Bank of Nigeria (CBN). Funke’s change ...

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How Female Seafarers Can Prevent Abuse Onboard Vessels – Macfoy

How Female Seafarers Can Prevent Abuse Onboard Vessels - Macfoy

By Kenneth Jukpor and Ayoola Olaitan Mrs. Rollens Macfoy is the Managing Director of Ocean Deep Services Limited. As part of efforts to mark the International Day of Seafarers on June 25th, her company provided Personal Protective Equipment (PPE) as ...

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BEARS: Corrupt or Anti-corrupt

BEARS: Corrupt or Anti-corrupt

Recently, the nation witness a drama as the ex-boss of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was arrested by a combined team of Department of State Services personnel and Policemen at the Wuse II office of the EFCC ...

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BULLS: Nigeria’s First Bitcoin ATM

Bulls: Nigeria's First Bitcoin ATM

Nigeria launched its first ever Biticon Automated Teller Machine (ATM). This was installed by Ikorodu indigene and Chief Executive Officer of Block Stale, Adekunle Daniel break a new ground when the ATM was installed in Lagos. Bitcoin ATMs have increased in ...

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How To Position Your Startup To Attract Funding

How To Position Your Startup To Attract Funding

By Kenneth Jukpor A startup could evolve into a larger company by being acquired, opening more than one office, generating high revenues or having hundreds of employees, but not without access to funding. In reality, however, startups are vulnerable to ...

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Barges, Off Dock Terminals Will Aid Port Decongestion – SIFAX

Barges, Off Dock Terminals Will Aid Port Decongestion - SIFAX

In a bid to ease traffic congestion on the port access roads whilst decongesting the seaport terminals, the Executive Director, SIFAX Off Dock, Captain Ibraheem Olugbade, has urged all the stakeholders in the maritime sector to adopt the option of ...

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ANLCA Convinced Customs CG To Use Code 4900 At Airports – Nwabunike

ANLCA Convinced Customs CG To Use Code 4900 At Airports - Nwabunike

By Kenneth Jukpor The respite for freight forwarders in the aviation sector following the Federal Government’s decision to suspend ‘Form M’ and Pre-Arrival Assessment Report (PAAR) for cargo evacuation was attained by the leadership of the Association of Nigeria Licensed ...

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Shipping Experts To Distinguish Seafarers Culpable For Maritime Crimes

By Kenneth Jukpor In a bid to ascertain who wields authority and should be culpable for maritime crimes onboard vessels, Nigerian shipping experts intend to establish a distinction among seafarers. This came up during a webinar organized by the Mission ...

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Exchange unification: MAN seeks exemption for outstanding debts

Exchange unification: MAN seeks exemption for outstanding debts

The Manufacturers Association of Nigeria has appealed to the Central Bank of Nigeria to exempt outstanding credit commitments to foreign suppliers of raw materials from the unified exchange rate. The President, MAN, Mansur Ahmed, in a statement issued on Thursday, ...

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Nigeria can’t survive AfCFTA with weak industrialisation – Gbajabiamila

Nigeria can’t survive AfCFTA with weak industrialisation – Gbajabiamila

For Nigeria to compete and survive in the African Continental Free Trade Area, it must as a matter of national emergency ramp up industrialisation and manufacturing activities, the Speaker, House of Representatives, Femi Gbajabiamila, has said. He said this could ...

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NNPC increases gas supply as pipeline vandalism rises

NNPC increases gas supply as pipeline vandalism rises

The Nigerian National Petroleum Corporation on Thursday announced an increase of 19.14 per cent in the average daily natural gas supply to power plants. According to NNPC, this translates to 788 millon standard cubic feet of gas per day, equivalent ...

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Buhari signs N10.8tn revised budget today, says minister

Buhari signs N10.8tn revised budget today, says minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National Assembly on Thursday to discuss the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. She disclosed that the President, Major General Muhammadu ...

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No going back on petrol subsidy removal – FG

No going back on petrol subsidy removal – FG

The Minister of State for Petroleum Resources, Timipre Sylva, said on Thursday that the Federal Government had reached a conclusion that it could no longer bear the burden of petrol subsidy. Sylva said this in a statement published on the ...

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Cabin Crew Should Be Equipped To Prevent Human Trafficking – ICAO

Cabin Crew Should Be Equipped To Prevent Human Trafficking - ICAO

By Ayoola Olaitan The International Civil Aviation Organization (ICAO), has launched new online training to support the implementation of the ICAO-OHCHR Guidelines for Training Cabin Crew on identifying and responding to human trafficking on flights. ICAO in its efforts to prevent human ...

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Border Closure: Over 200,000 Jobs Lost In Customs Brokerage

Nigeria’s Land Border Confusion: Why FG Closed Land Borders

By Kenneth Jukpor The closure of Nigerian land borders has led to massive job losses with over 200,000 people losing their means of livelihood, according to the Vice President of the Association of Nigerian Licensed Custom Agents (ANLCA) Mr. Kayode ...

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Seven killed in explosion on NPDC oil platform

Seven killed in explosion on NPDC oil platform

An explosion on Oil Mining Lease 40 operated by the Nigerian Petroleum Development Company has killed seven workers, the Nigerian National Petroleum Corporation announced on Wednesday. NPDC is the flagship subsidiary of NNPC. The explosion occurred on Tuesday at the ...

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