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BEARS: Stingy Truck Owners

BEARS: Reckless Police Officer

The controversy following the proposed N10, 000 annual truck levy by the Nigerian Ports Authority (NPA) took a frightening dimension last week as the Coalition of Port Dry Cargo Transport Operators disrupted activities at the Lagos Port Complex (LPC), Apapa ...

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NIMASA: Buhari Goofs, Appoints Jime, Politician DG, Breaches Act

NIMASA: Buhari Goofs, Appoints Jime, Politician DG, Breaches Act

After a long wait for the appointment of a substantive Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), President Mohammed Buhari may have appointed Barr. Hon. Emmanuel Jime as the new Director General, raising worries on the kind of ...

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Truck Registration: NPA Rakes In Over N100Million, Amidst Protests

Clearing Agents Protest NPA’s Quit Notice

Operators Question Justification for 7% Port Development Levy Ask NPA to account for the billions From this week, trucks  or articulated vehicles not registered with the Nigerian Ports Authority (NPA) in all the ports nation-wide will not be allowed to ...

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Naira Plummets: Used Vehicle Prices Soar, Sales Drop

CBN’s Forex Ban’ll Boost Naira Stability –Expert

The continued depreciation of the naira against the world’s major currencies is hitting hard on the Nigerian economy, with the importation and patronage of used vehicles, popularly called Tokunbo, at an all-time low. These are not the best of times ...

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Bears: Disgruntled Maritime Press

BEARS: Reckless Police Officer

The Maritime sector alone has four media association which have always pitted themselves in an unwholesome rivalry. Although these associations boast a healthy dose of shrewd maritime journalists, the rhetoric question- why can’t they shield their differences and form a ...

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Understanding DTI/ ASYCUDA++

Understanding DTI/ ASYCUDA++

Shippers Guide is the learning page of MMS Plus. Here we answer the five W’s and H of several issues in the shipping industry. This week we examine the DIRECT TRADER INPUT (DTI), read and find out more about the ...

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Freight Forwarders Vs Clearing Agents

Freight Forwarders Vs Clearing Agents

In logistics there are often blurred lines between disciplines but there are key differences between Freight Forwarders and Customs Brokers that are important to understand. They may appear the same but are legally and technically different. In a recent maritime ...

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I Am Fearless, Will Name Those Behind Forex Crisis – Ubah

Ifeanyi Ubah’s diversion of N11bn PMS punishable by death –DSS

The Managing Director, MD, of Capital Oil and Gas, Dr. Ifeanyi Ubah, yesterday, followed up his claim to a magic wand that would firm the Naira to an exchange rate of N200 = $1  within 30 days, with fresh claims ...

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CTN: Buhari Snubs Shonekan

Suspend vehicle importation ban, Reps tell Buhari

Says: “It must go on” FG to probe MAN activities on import Nigeria loses N672bn to Illegal Shipping Surcharges Irked by the incessant disturbances from the anti-International Cargo Tracking Note (ICTN) lobbyists, President Mohammed Buhari had to recently snub Chief ...

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CTN: Where Are The Real Nigerian Manufacturers?

Manufacturers Association of Nigeria

The recent statement that the Manufacturers Association of Nigeria (MAN) and some stakeholders in the maritime industry have formed a pressure group to protest the re-introduction of Cargo Tracking Note (CTN), attributed to Dr. Frank Jacobs, the new president of ...

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Customs Canvass Youth Enlightenment On Maritime Business

Customs Canvass Youth Enlightenment On Maritime Business

The Assistant Comptroller General of Customs in Charge Of Zone ‘A’ Command, Mr. Charles Edike has pledged to provide venues as conference centres for the Nigerian Shippers Council to enlighten youths on the enormous potentials in the maritime industry. Edike ...

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Dollar Rises To 352 Naira

Naira records marginal gain, closes at 368/dollar

The acute scarcity of foreign exchange, especially the United States dollar, made the naira to fall further on Tuesday to 352 against the greenback at the parallel market. The increasing pressure on the naira is caused by high demand for ...

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NAGAFF Partners SFU To Fight Corruption

NAGAFF Blames NPA For Eastern Ports Neglect

The Anti- Corrupt arm of the National Association of Government Approved Freight Forwarders (NAGAFF) has joined forces with the Special Fraud Unit (SFU) of the Nigeria Police in the fight against corruption. This collaboration was sealed when the Founder of ...

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NSC To Hold Sensitization On Kaduna Inland Dry Port

Shippers’ Council Converts 800 Importers

The Nigerian Shippers’ Council (NSC) under the auspices of the Federal Ministry of Transport and in collaboration with the Inland Container Nigeria Limited (ICNL) would hold a one-day sensitization programme for stakeholders in the maritime industry at Hotel Seventeen, Kaduna ...

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Nigeria Struggling To Find Buyers For N159bn Oil

US Oil Settles At 0.62 %  Higher at $48.52

Following the US emergence as oil exporters, Nigeria has begun to suffer from the global glut in oil as Nigeria’s March crude programme is struggling to find outlets, with some 25 million barrels still unsold even as traders revealed the ...

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Buhari Sacks Budget DG, 26 Others

Biafran palliatives: Buhari To Appoint Igbo, Head, Maritime Agency

President Muhammadu Buhari, yesterday, in a move to douse the tension over the 2016 budget controversy, fired the Director-General for Budget, Mr Yaya Gusau, and announced a replacement in the person of Mr. Tijjani Abdullahi. Similarly, Mr. Ben Akabueze was ...

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Oil Price Fall: A Sustainable Future Approach

Oil Price Fall: A Sustainable Future Approach

These are indeed trying times for the global oil and gas industry, but the current context also presents a great opportunity for change. Opportunity to take a whole new evaluation at the way West African countries are doing things, with ...

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FG Proposes Improved Pay For Customs

Graft: FG gets 5,000 tips from whistle-blowers

The Federal Government is projecting to improve the salaries of officers and men of the Nigeria Customs Service to encourage them in the bid to raise the level of revenue generation for the nation. The Minister of Finance, Mrs. Kemi ...

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Nigerian Society Of Engineers Decry Shortage Of Safety Regulations

Nigerian Society Of Engineers Decry Shortage Of Safety Regulations

The Nigerian Society of Engineers (NSE) has lamented at the inadequacy of safety regulations and enforcement by its regulatory body, the Council for the Regulation of Engineers in Nigeria (COREN). The president of NSE Engr. Otis Anyaeji made this known ...

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2016: How To Grow The Economy – Johnson Chukwu

Why Nigeria Needs To Borrow To Stabilise The Economy

Mr. Johnson Chukwu is the Managing Director, Cowry Asset Management Limited in this exclusive interview with MMS Plus Weekly, he analyzes the 2016 budget of the Federal Government and the assumptions on which the budget was predicated given the present ...

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