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NIMASA Investigates Emergence Of Dead Fishes On Niger-Delta Coastline

NIMASA Investigates Emergence Of Dead Fishes On Niger-Delta Coastline

By Kenneth Jukpor The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a scientific inquiry to identify the cause of the recent shoals of dead fish washed ashore along the Niger Delta coastline states of Akwa Ibom, Bayelsa, Cross ...

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LCCI, NECA, PENGASSAN demand stimulus packages, PIB passage

LCCI, NECA, PENGASSAN demand stimulus packages, PIB passage

Ahead of this year’s Workers’ Day, popularly known as May Day, frontline organisations in the organised private sector have called on the Federal Government to support the sector with stimulus packages. The organisations include the Lagos Chamber of Commerce and ...

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Five Star Logistics Terminal Grants Storage Waivers On Request – GM

Five Star Logistics Terminal Grants Storage Waivers On Request - GM

By Kenneth Jukpor   The Five Star Logistics Terminal has stated that it has been complying with the directive of Nigerian Ports Authority (NPA) to waive storage charges at the terminal. According to the General Manager, Five Star Logistics Terminal, ...

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COVID-19: Terminal Operators Donate N700m To Support FG

COVID-19: Terminal Operators Donate N700m To Support FG

By Kenneth Jukpor Port concessionaires under the aegis of the Seaport Terminal Operators Association of Nigeria (STOAN) have collectively donated the sum of N700million to the Federal Government to support the country’s effort to curb the spread of the coronavirus ...

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FG Should Exempt Previously Opened ‘Form M’ From Hiked FX – Shippers

FG Depleting Nigerian Shippers With Ridiculous Customs Duties - Nicol

By Kenneth Jukpor Nigerian shippers have beckoned on the federal government to exempt cargoes at the ports and those on the high seas from the recent increase in the exchange rate from N326/$ to N361/$ to aid clearing cargoes under ...

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Expect Inflation As CBN Increases Forex – Freight Agents

10,000 Kogi workers to benefit from CBN agribusiness scheme

By Kenneth Jukpor Following the Central Bank of Nigeria (CBN) increment in exchange rate from N326 per dollar to N361 for imports on Thursday last week, freight forwaders have warned federal government of an impending inflation. The port stakeholders have ...

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Soft Loans From CBN Can Save Airlines – Aligbe

Soft Loans From CBN Can Save Airlines - Aligbe

By Ayoola Olaitan The Chief Executive Officer, CEO of Belujane Konzult, Mr. Chris Aligbe has urged the airline operators not to seek for waiver of licenses rather intervention fund from the Central Bank of Nigeria, CBN, would help the aviation ...

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Arik Cuts Staff Pay, Place 90% On Indefinite Leave Without Pay

We make N75m refund to customers weekly — Arik

Nigerian airline, Arik Air, on Thursday last week, said at least 90 percent of its workers will proceed on indefinite leave without pay from May 1. 2020. The airline’s Chief Executive Officer, Roy Ilegbodu, in an internal memo said the ...

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Shipping Companies, Terminals Ignore FG Directive To Suspend Charges

Shipping Companies, Terminals Ignore FG Directive To Suspend Charges

· STOAN keeps mum, APMT’s compliance sparks debate · Truckers raise concerns over 30% cost reduction By Kenneth Jukpor More than one month after the Federal Government directed terminal operators and shipping companies to suspend storage charges and demurrages respectively, ...

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Customs COVID-19 Poisonous Rice: Oyo Govt Rejects 1800 Bags

Recruitment budget: N1.6bn for hiring, training, Customs insist

By Kenneth Jukpor Despite assurances by the Nigerian Customs Service (NCS) that only rice fit for consumption would be disseminated as palliatives amid the lockdown, Customs dispersed expired and poisonous rice into Nigerian communities. Four days after receiving 1,800 bags ...

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NPA, NSC Efforts Will Be Worthless With New Exchange Rate – Agents

Import bills, supply chain disruptions to spike inflation further

By Kenneth Jukpor Following the Central Bank of Nigeria (CBN) increment in exchange rate from N326 per dollar to N361 for imports yesterday, port stakeholders have warned that the gains from collective efforts to get the ports operation amid the ...

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APM Terminals Apapa Commissions Additional Cranes, Makes $80m Upgrade

APM Terminals Apapa Commissions Additional Cranes, Makes $80m Upgrade

By Kenneth Jukpor The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman commissioned two new multimillion dollars state-of-the-art Mobile Harbor Cranes (MHCs) acquired by leading global terminal operator, APM Terminals, to boost service delivery at the Apapa port, ...

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Agents Bemoan As CBN Hikes Forex From N321/$ To N361

CBN To Borrow N129bn Via Treasury Bills

By Kenneth Jukpor Nigerian freight forwaders have described the Federal Government as “inconsiderate” following the Central Bank of Nigeria (CBN) increment in exchange rate from N321 per dollar to N361 for imports earlier today. Freight agents have been thrown into ...

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NSC Gets Truckers To Agree To 30% Reduction In Charges

Shippers’ council to enforce demurrage refund

  Shippers’ Council visits PTML terminal By Kenneth Jukpor Truckers operating in the nation’s port sector have agreed to 30 percent decrease in their charges as part of efforts to support port operations under the lockdown occasioned by the Covid-19 ...

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Operators agree to slash haulage fees by 30%

NPA, others facilitate release of detained dockworkers

Haulage operators at Nigerian ports have agreed to slash their fares by 30 per cent as part of their contributions towards cushioning the effect of the coronavirus pandemic in the sector. This agreement was announced by the General Coordinator Council ...

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Truck owners promise efficient service delivery

Truck owners promise efficient service delivery

Truck owners operating in the Mile 2-Tin Can Port axis along the Oshodi-Apapa Expressway, have assured of efficient service delivery during the lockdown period, even as they denied allegations of collecting money from trucks before allowing them access into the ...

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Lock down: FG release guidelines for the movement of agricultural produce

Lock down: FG release guidelines for the movement of agricultural produce

In efforts to curtail food shortages and ensure 2020 crop production season is not hampered as a result of the lock down, the federal government, yesterday, unfolded new strategies to facilitate free movement of food and agricultural produce nationwide. A meeting ...

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FG denies five govs flight approvals over lockdown

Aviation workers seek four-month extension of agencies hqs relocation

The Federal Government on Tuesday said it had denied five governors flight approvals as a result of the lockdown order. Minister of Aviation, Hadi Sirika, said this in Abuja at the daily briefing by ministers on updates on COVID-19. He ...

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Import bills, supply chain disruptions to spike inflation further

Import bills, supply chain disruptions to spike inflation further

• Scholars recommend applied growth solution to curb Nigeria’s drift Nigerians may have to brace for tougher times earlier declared by the nation’s economic managers, once the lockdown is relaxed, as the realities of global supply chain disruptions, pressure on ...

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Freight Agents Fear Colossal Demurrage As NAHCO, SAHCO Continue Operations

Freight Forwarders Deserve Health Insurance, Other Perks - APFFLON President

By Kenneth Jukpor Despite President Mohammadu Buhari’s directive that airport operations be shutdown completely to curb the spread of coronavirus in the country, normal operations at the cargo section of Lagos airport gives an indication that freight forwaders would be ...

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