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Why Some Over-Aged Vehicles Are Permitted At Seaports – Customs

Why Some Over-Aged Vehicles Are Permitted At Seaports - Customs

 By Kenneth Jukpor Following reports that some operatives of the Nigerian Customs Service (NCS) and Customs Licensed Agents connive to circumvent the auto-policy guidelines of the federal government, some conditions for accepting vehicles older than 15 years in the country …

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CRFFN Governing Council Elections: Ministry Propaganda Sparks Fears

CRFFN Governing Council Elections: Ministry Propaganda Sparks Fears

By Kenneth Jukpor Nigeria’s port sector and the success of the nation’s import-dependent economy has one central problem which lingered throughout 2021. Analysts say freight forwarding practice in the country and the rancor surrounding the Council for the Regulation of …

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How Customs Can Change Its Bad Perception – Nwabunike

How Customs Can Change Its Bad Perception – Nwabunike

By Kenneth Jukpor Hon. Tony Iju Nwabunike is the President of the Association of Nigeria Licensed Customs Agents (ANLCA). In this exclusive interview with MMS Plus he speaks elaborately on the activities of Nigeria Customs Service (NCS) at the World …

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How Unemployed Pilots, Engineers Can Explore Opportunities Beyond Flying, Repairs

How Unemployed Pilots, Engineers Can Explore Opportunities Beyond Flying, Repairs

Capt. Alkali Modibbo is the Rector and Chief Executive Officer (CEO) of Nigerian College of Aviation Technology (NCAT), Zaria. In this interview, Modibbo charts the path to engaging hundreds of unemployed aviators in the country. He also x-rays prospects and …

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INVESTMENT OPTIONS – Crypto-Currency: What’s the Fuss About? 

INVESTMENT OPTIONS - Crypto-Currency: What's the Fuss About? 

By Hadassah-Esther Osimen How is the year opening up for you? I personally, have been involved in one enterprise activity or the other: bank account opening, which timing has been outrageously slow because I know that one should open an …

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Reps order probe of contract kickbacks, extortion by MDA officials

Reps order probe of contract kickbacks, extortion by MDA officials

The House of Representatives is investigating the alleged collection of illegal charges imposed on contractors by Ministries, Departments and Agencies of the Federal Government, which go as high as 25 per cent of the project cost. At the plenary on …

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W’ Bank’s $750m will boost FG’s social investment, job creation, says Osinbajo

W’ Bank’s $750m will boost FG’s social investment, job creation, says Osinbajo

• Low-income, developing countries to access new $50b IMF funding Federal Government, yesterday, said the World Bank-supported $750 million COVID-19 Action Recovery and Economic Stimulus, also known as NG-CARES, will leverage on existing job creation, wealth creation and poverty reduction …

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Cocoa farmers seek trust fund to boost production

Cocoa farmers seek trust fund to boost production

To increase cocoa production from the current 250,000 metric tonnes (MT) to 500,000MT in the next five years, the Cocoa Farmers Association of Nigeria (CFAN) has urged the Federal Government to establish a development fund. CFAN, in a communiqué issued …

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‘OPEC+ can’t solve oil market challenges amid scarce investments’

‘OPEC+ can’t solve oil market challenges amid scarce investments’

The Organization of the Petroleum Exporting Countries and its allies can’t solve current oil market challenges alone because the world needs more energy investments to avert future oil price hikes that may impact global economic growth, the UAE’s energy minister …

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Terminal operator accelerates net-zero pledge

Terminal operator accelerates net-zero pledge

Netherlands-based terminal operator, APM Terminals, has decided to bring forward its net-zero greenhouse gas emission target to 2040, a decade ahead of its initial 2050 ambition. A 70 per cent reduction in total emissions has been set as an interim …

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Cooking gas demand surges over NLNG’s 100% domestic supply

Cooking gas demand surges over NLNG’s 100% domestic supply

There is currently a surge in the demand for Liquefied Petroleum Gas, popularly called cooking gas, leading to marginal price hike following the recent decision of the Nigeria Liquefied Natural Gas company to channel all its LPG into the domestic …

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FG to establish 18 modular refineries in oil-producing states

FG to establish 18 modular refineries in oil-producing states

The Federal Government on Wednesday said it was working to establish three modular refineries in each of the oil producing states, particularly in the Niger Delta region. Going by the plan, the government would have to establish about 18 refineries …

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Electoral Act amendment: Senate bows to Buhari, includes consensus for party primaries

Electoral Act amendment: Senate bows to Buhari, includes consensus for party primaries

• Senate adds consensus to House of Reps’ direct, indirect primaries proposal The Senate on Wednesday included the consensus mode of primary in the Electoral Act  (Amendment) Bill as suggested by the President, Major General Muhammadu Buhari (retd.). Both chambers …

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APC zones chairmanship seat to North-Central, lists South-East for secretary

APC zones chairmanship seat to North-Central, lists South-East for secretary

The leadership of the All Progressives Congress may have decided to zone the National Secretary position of the APC to the South-East while the North-Central will get the chairmanship of the party. The deputy national chairman (South) is expected to …

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N20bn: Tinubu, Alpha Beta ex-MD discuss out-of-court settlement

N20bn: Tinubu, Alpha Beta ex-MD discuss out-of-court settlement

A former Managing Director of Alpha Beta Consulting, Dapo Apara, the All Progressives Congress leader, Bola Tinubu; and the current Managing Director of the company, Akin Doherty, have begun discussions on a possible out-of-court settlement following allegations that Tinubu ordered …

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Nigeria’s import bill rose to $8.92bn in nine months – Report

Nigeria’s total import bill for the period January to September 2021 rose to $8.92bn from $4.29bn in the same period of 2020, according to a report. This was disclosed by an economist and Chief Consultant, B. Adedipe Associates Limited, Dr …

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Buhari didn’t direct anyone to remove petrol subsidy – Lawan

Buhari didn’t direct anyone to remove petrol subsidy – Lawan

The Senate President, Ahmad Lawan, says the President, Major General Muhammadu Buhari (retd.), has not asked any official in his regime to implement the removal of petroleum subsidy. Lawan disclosed this to State House correspondents on Tuesday after a meeting …

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Labour lists conditions for fuel subsidy removal, says $9.5bn wasted on refineries

Labour lists conditions for fuel subsidy removal, says $9.5bn wasted on refineries

Key labour unions in Nigeria met on Tuesday in Abuja where they outlined the conditions the Federal Government must meet before it would be allowed to stop subsidising Premium Motor Spirit, popularly called petrol. Officials of the Trade Union Congress, …

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National Assembly under fire as BudgIT uncovers N378.9bn duplicated projects

National Assembly under fire as BudgIT uncovers N378.9bn duplicated projects

BudgIT Nigeria, a civic-tech organisation, on Monday, announced its discovery of 460 duplicated projects valued at N378.9bn in the 2022 Appropriation Act, accusing the National Assembly of padding the Federal Government’s budget, among other allegations. The National Assembly kept mum …

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After eight months decline, inflation rises to 15.63%, FG’s 2022 target shaky

After eight months decline, inflation rises to 15.63%, FG’s 2022 target shaky

The National Bureau of Statistics disclosed on Monday that Nigeria’s headline inflation rate rose to 15.36 per cent in December 2021. Earlier data from the NBS showed that headline inflation had maintained a consecutive decline for a period of eight …

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