ON THE SPOT MANAGER

War Risk Insurance: No Yardstick To Measure Nigeria’s Progress – Jamoh

War Risk Insurance: No Yardstick To Measure Nigeria’s Progress

Across the West African coast, pirate attacks gave rise to the Joint War Committee (JWC) of Lloyds’ of London. JWC pronounced the area from the limit of Togo and Benin republic maritime boundaries all the way along the gulf of …

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Has Nigeria Wasted Resources On Maritime Surveillance?

Nigeria’s Wasted Resources On Maritime Surveillance

Nigerian Navy, Nigerian Maritime Administration and Safety Agency (NIMASA) and Nigerian Ports Authority (NPA) all have maritime surveillance infrastructure that enables them monitor Nigerian territorial waters. NPA has the Command, Control, Communication and Intelligence System (CCCIS), NIMASA has its Command, …

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NACOS To Promote Local Content In Tech

NACOS To Promote Local Content In Tech

There are several sectors of the Nigerian economy in dire need of local content protection and special privileges, but not many citizens believe the nation has carved a niche for itself in digital technology or information technology. Consequently, the move …

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Managing Nigerian Ports For More Efficiency – STOAN’s perspective

Managing Nigerian Ports For More Efficiency - STOAN's perspective

“Terminal operators in Nigeria have done tremendously well since we came onboard in 2006. If you remember the state of the ports before terminal operators came in, you’ll agree that we have done a lot.” – Princess Vicky Haastrup, the …

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CRFFN Elections: The State of Play

CRFFN Elections: The State of Play

The Minister of Transportation, Rotimi Amaechi and the entire leadership of the Ministry have been commended for the commitment to organize the upcoming Governing Council elections for the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), a decision …

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Customs And The Quandary Of Lost Court Cases

Ejibunu resumes at Customs FOU A, vows to fight smugglers

Despite the colossal sums raked in by the Nigeria Customs Service (NCS) across several commands and units monthly and annually, there has also been an avalanche of court cases with aggrieved freight agents and their clients. The issue leading to …

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Remembering Ahmed Joda

Remembering Ahmed Joda

BY PROF. PAT UTOMI I knew Alhaji Ahmed Joda. I first met him in 1980. From what I know of him, it is clear they don’t seem to get as well made as he was, anymore. He was wise, smart, …

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Petrol Smuggling: NNPC, Customs Trade Tackles

Petrol Smuggling: NNPC, Customs Trade Tackles

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Customs Service (NCS) have been at loggerheads over reported cases of petrol smuggling and possible solutions in recent weeks. NNPC, last week confirmed the claim by the Customs Service that Nigeria’s …

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Remembering Capt. Adeyemo’s Selfless Service

Remembering Capt. Adeyemo’s Selfless Service

Capt. Niyi Adeyemo was the Nautical Assessor of the three-man “Marine Board” to investigate the unprecedented marine casualty of one of the biggest ocean liners ever owned by Nigeria, MV River Guarara. At the conclusion of the investigation, the Board …

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Customs: Attaining Uniform Tariff With VIN

Customs: Attaining Uniform Tariff With VIN

The absence of uniform costs for clearing the same goods at various ports is another issue in Nigeria Customs Service (NCS) process yet to be resolved. NCS has come under serious criticisms especially on vehicle imports as experts argue that …

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Customs: FG’s Corrupt Money-Spinning Machine

Customs: Attaining Uniform Tariff With VIN

Last week, the Minister of State for Transportation, Senator Gbemi Saraki blamed the Nigeria Customs Service (NCS) for constituting itself into a hindrance against trade and only after generating revenue. Saraki said this at the 2020 Ministerial Retreat of the …

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Can Local Content Solve Nigeria’s War Risk Problem?

Can Local Content Solve Nigeria’s War Risk Problem?

Maritime stakeholders have been unsettled over the years with the unwarranted high war risk surcharge on Nigeria-bound cargo by the shipping lines, engaging and protesting against the classification of the nation’s territorial waters as War Risk Zone at several regional …

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Optimizing Drone Technology To Cause Rainfall

Optimizing Drone Technology To Cause Rainfall

Dubai in the United Arab Emirates is creating its rain using drones that fly into clouds and unleash electrical charges. The charges give clouds electrics to ‘cajole them’ into clumping together and producing rain. The precipitation is achieved via an …

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Nigeria: Hunger Looms as Food Prices Spike

Nigeria: Hunger Looms as Food Prices Spike

“So long as you have food in your mouth, you have solved all questions for the time being”- Franz Kafka With the continuous rise in food prices, Nigerians are in doubt if they will be able to afford a daily …

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Nigeria And Its Oil Vandalism Industry

Nigeria And Its Oil Vandalism Industry

Oxford online dictionary defines vandalism as an action involving deliberate destruction of or damage to public or private property. Over the years, Nigeria has recorded various degrees of vandalism across major sectors, the wilful destruction of electricity transformers and cables, …

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Nigerian Airport SEZs: Catalyst For Growth Or Security Threats

Nigerian Airport SEZs: Catalyst For Growth Or Security Threats

A new debate bothering on economic growth and national security risks has been birthed as Nigeria recently announced the designation of four international airports as Special Economic Zones (SEZ). The four airports comprised the Murtala Muhammad International Airport, Lagos, the …

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NIMET And The Rage Of Nature

NiMet to monitor marine forecast with N1bn equipment

The seasonal climate prediction by the Nigerian Meteorological Agency (Nimet) for 2021 is a reminder for governments and other stakeholders at all levels to make adequate preparations to avert another disaster that could worsen our woes as a nation. The …

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Searching For A Good Forex Broker In Nigeria

Searching For A Good Forex Broker In Nigeria

Selecting a trustworthy forex broker can be pretty overwhelming, especially if you are only making your first steps in trading and the financial markets. This article considers the key characteristics any trustworthy broker should possess. Read on to find out …

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Demystifying CBN’s Hiked Customs Duty FX Rate

Customers scam banks with fake visas, tickets for forex

Last week, the Federal Government, through the Central Bank of Nigeria (CBN) approved a higher exchange rate band from N381 to N404.97 for calculation and payment of import duty. The situation, according to stakeholders, would trigger higher cost of goods …

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Green Africa: A Breath Of Fresh Air

Green Africa: A Breath Of Fresh Air

Green Africa Airways, a new entrant in the Nigerian aviation sector is set to launch commercial operations in efforts to spur regional economic development with low cost air fare. Its flight operations are scheduled to kick off on June 24, …

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