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BEARS: Oga Police, Wetin Be This

BEARS: Reckless Police Officer

Some police officers have taken it as a normal routine to extort money from motorists especially at the Apapa port arena. Bears observed a policeman capitalizing on the Apapa grid lock to generate funds into his pocket at the front ...

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BULLS: Welcome To NPA, Sanusi

BULLS: Congrats Aisha & Obiageli

Bulls welcome the new Managing Director (MD) of the Nigerian Ports Authority (NPA) to the exalted seat and also congratulate the first son of the former Emir of Kano. Sir, Bulls wish you happy stay as you move to the ...

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Birth Of New Shipowners Association: End to Members’ Travail?

Birth Of New Shipowners Association: End to Members’ Travail?

The anguish, frustration and imminent neglect of indigenous ship owners in Nigeria are not unknown to operators in the maritime industry. The local ship owners have not been able to measure up with their international counterparts in the same business ...

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Fuel Crisis – Marketers Deny Payment From Govt, Say Strike Continues

Fuel Crisis - Marketers Deny Payment From Govt, Say Strike Continues

Despite the claim by the Federal Government that N156 billion was released on Thursday to oil marketers to facilitate the quick resolution of the current fuel crisis, the National Association of Road Transport Owners (NARTO), has said normal lifting of ...

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How Buhari’s Govt  Can Create Thousands Of Jobs With Shipowners – UMAR, NISA President

NISA Holds 2015 AGM, Charts New Course

Aminu Umar is the Chief Executive Officer of Sea Transport Services Nigeria Limited and the President of Nigeria Shipowners Association (NISA). His company controls one of the largest tanker fleets in the country. Aminu is a young man with the ...

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Overcoming The Challenges Of Maritime Financing

Overcoming The Challenges Of Maritime Financing

Sir Peter Olorunfemi is the Head, Peter Maritime Consulting Services Limited. In this interview, he tells Ifeoma Oguamanam the challenges inherent in maritime financing and how to overcome them; he also educates you on how the presence of maritime banks ...

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Subsidy Payment can only Assuage Scarcity – NUPENG

Subsidy Payment can only Assuage Scarcity – NUPENG

Despite the billions of naira paid by the federal government to oil marketers, the president of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Igwe Achese, has disclosed that scarcity of fuel would persist if the refineries ...

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The fear of Buhari, the beginning of…

The fear of Buhari, the beginning of…

It is not yet May 29 but already the wind of change blowing across the oil and gas sector has sent jitters to dubious stakeholders in the maritime sector and left them  scampering like scared rats and making unsuccessful attempt ...

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Fuel scarcity: FG pays N156bn fuel subsidy claims to marketers

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo- Iweala,stated this at the World Customs Day event held in Abuja yesterday. The Minister said the payment of N156 billion represents the remaining tranche of the N256.2 billion debt owed MOMAN in subsidy claims.

The Federal Government yesterday as­ sured it would pay Major Oil Marketers Association of Ni­geria (MOMAN) about N156 billion today to halt the current fuel scarcity ravaging the country. The Coordinating Minister for the Economy and Minister of Finance, Dr. ...

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Jonathan Sacks NPA Boss, Appoints Lamido Ado Bayero

Ado Bayero Begs NPA Staff For Support As Abdullahi Recounts Experience

President Goodluck Jonathan yesterday sacked the managing director of Nigerian Ports Authority (NPA), Mallam Habib Abdullahi, and replaced him with Sanusi Lamido Ado Bayero, the eldest son of the late Emir of Kano, Ado Bayero. Presidential spokesman, Dr Reuben Abati, ...

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Regulate The Mining Sector – NMA’s President

Regulate Mining Sector - NMA's President

The Nigerian Miners Association (NMA) recently raised alarm at the influx of unregistered Chinese companies into the mining sector. According to its President, Alhaji Sani Shehu these companies’ recruited Chinese labourers to do the jobs usually reserved for Nigeria’s lower ...

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SOAN to Engage Government on the lifting of Crude Oil

Gulf of Guinea Piracy: A Reality Or Farce?

A newly formed indigenous ship owners association -ship owners association of Nigeria (SOAN) is set to engage the federal government on the lifting of Nigerian crude oil. Reveling this at the inaugural press briefing of the association, the former director ...

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BULLS: Respite At Last On The Apapa Exp.

BULLS: Congrats Aisha & Obiageli

Bulls observed that for the first time in a long while, the access road to Lagos Port was without the usual haphazard packing and gridlock. The container trucks were neatly packed to occupy one side of the road thus making ...

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Unpaid Subsidy: Oil Marketers Threaten To Stop Importation

Unpaid Subsidy: Oil Marketers Threaten To Stop Importation

The Major Oil Marketers Association of Nigeria (MOMAN) on Friday threatened to stop the importation of petroleum products over yet-to-be-paid N256 billion subsidy claim by the Federal Government. The Executive Secretary of MOMAN, Mr Obafemi Olawore made the disclosure at ...

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FG Projects N14 Trillion for Aviation Sector

FG Projects N14 Trillion for Aviation Sector

Federal Government has projected about N14 trillion investment plan to develop the country’s aviation industry in the short, medium and long term as part of measures to develop the sector to compete with other countries in passenger growth and also ...

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TENACIOUS TAMARAKARE

TENACIOUS TAMARAKARE

  Ms. Tamarakare Yekwe  is an independent director of  Sterling bank Plc. She is currently the Principal Partner, ‘Kare Yekwe & Co. (Legal Practitioners & Consultants). Prior to this, she was a member of the Governing Council, Nigerian Institute of ...

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Groups Jostle for APC Govt Attention

Groups Jostle for APC Govt Attention

IOCs, Local Shipowners Berth SOAN Gets Commonwealth’s Endorsement The expected assumption of office on May 29, 2015 by the All Progressive Congress (APC) led government in Nigeria has triggered a series of political and economic realignments in the maritime and ...

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NNPC seeks fuel subsidy scrap

Buhari Dissolves NNPC Board

The Nigerian National Petroleum Corporation (NNPC) recently made a strong case for the complete removal of subsidy from the petroleum products pricing template by the incoming government. Group Coordinator, Corporate Strategy and Planning, NNPC, Tim Okon, said fuel subsidy was ...

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Lagos State: Living In Bondage

Lagos State: Living In Bondage

It is barely a month now that the All Progressives Congress (APC) won the presidential ticket to rule the country in the next four years as well as in Lagos State. This is the first time the party at the ...

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BEARS: N50k Bribe For OC

BEARS: Reckless Police Officer

A truck carrying charcoal was forced to empty it contents on the suspicion of concealing contraband rice at an illegal customs check point at Seme- Lagos road. Bears thumbs down this Customs Officer from FOU Zone‘A’, who collected N50,000 from ...

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