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Nigerian Railways And Operational Challenges During Rainy Seasons

Nigerian Railways And Operational Challenges During Rainy Seasons

By Yusuf Odejobi Train service is not entirely new to Nigerians, especially Lagos residents with the Rail Mass Transit operated by the Nigerian Railway Corporation (NRC). The Lagos-Ibadan rail corridor is significant to Nigeria’s economy, albeit realizing this, the federal …

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Bi-Courtney/FAAN Concession Rift: Experts Proffer Solutions

Bi-Courtney/FAAN Concession Rift: Experts Proffer Solutions

By Yusuf Odejobi Over the years, Public-Private Partnership (PPP) has gained global recognition as the key vehicle for the provision of necessary public projects due to government’s inability to fund the infrastructural needs of the people. Nigeria is not different …

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AfCFTA: Experts Dissect Obstacles And Opportunities

By Yusuf Odejobi African Continental Free Trade Area (AfCTA) is widely seen as a crucial driver for economic growth, industrialization and sustainable development in Africa. It opens up business opportunities that cover a gross domestic product (GDP) of $3.4 trillion …

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Analyzing Malanta’s Maiden Five Months At Nigeria’s Premier Port

Analyzing Malanta’s Maiden Five Months At Nigeria’s Premier Port

By Kenneth Jukpor “Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, and every date has been altered. The process is continuing day by day and …

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World Seafarers Day: Nigerian Seafarers Enumerate Woes

World Seafarers Day: Nigerian Seafarers Enumerate Woes

Yusuf Odejobi With over 2million seafarers across the globe, there’s need to recognize the unique and vital role these professionals play to world trade and the global community at large. Seafarers are responsible for the transportation of goods and services …

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AfCFTA: Experts Dissect Nigeria’s Prospects As Preparation Reach 81%

AfCFTA: Experts Dissect Nigeria’s Prospects As Customs Reach 81% Preparedness

By Kenneth Jukpor Despite the COVID-19 pandemic leaving effects Africa’s economy in rumbles like other continents of the world, the pandemic hasn’t dented the continent’s anticipated historic milestone, the African Continental Free Trade Area (AfCFTA) which has taken effect to …

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Oceans Day 2021: Nigeria’s Efforts Towards Clean Territorial Waters

Oceans Day 2021: Nigeria’s Efforts Towards Clean Territorial Waters

By Yusuf Odejobi As the international community celebrated 2021 World Oceans Day on Tuesday June 8, last week, stakeholders in Nigeria’s maritime sector have called for more awareness in maintaining the sanctity of the oceans as they perceive that the …

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IMO Seat: Nigeria’s 2021 Chances And Technical Lessons From Australia

IMO Seat: Nigeria's 2021 Chances And Technical Lessons From Australia

By Kenneth Jukpor & Yusuf Odejobi Nigeria’s chances of getting into the Category C of the International Maritime Organization’s Governing Council were brought to the frontburner via our Lead story last week titled, “How Foreign Affairs Ministry Can Earn Nigeria …

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2021: Why Nigerian Industries, Agro Sector Will Suffer Financial Setbacks

2021: Why Nigerian Industries, Agro Sector Will Suffer Financial Setbacks

By Yusuf Odejobi Nigerian industries and the agricultural sector is expected to suffer from fiscal setbacks following the new financial trend of excessive borrowing by commercial banks from the Central Bank of Nigeria (CBN). This week, MMS Plus continued to …

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How Weak Economy Increase Banks’ Borrowing 

How Weak Economy Increase Banks' Borrowing 

Yusuf Odejobi Financial experts have raised concerns over banks’ borrowing in the nation’s financial sector, warning that there is need for urgent actions to be taken by regulatory authorities. This is coming against the backdrop of Deposit Money Banks (DMBs) …

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How FG Pays Lip Service To Indigenous Ship Owners’ Plight

How FG Pays Lip Service To Indigenous Ship Owners’ Plight

By Yusuf Odejobi Despite efforts to boost indigenous shipping through availability of cargoes, establishment of a ship finance desk in some commercial banks, deliberations on several tough fiscal policies, the creation of the Cabotage Vessel Financing Fund (CVFF), among other …

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Many Logistics Challenges With Lekki Deep Seaport, Dangote Refinery

Many Logistics Challenges With Lekki Deep Seaport, Dangote Refinery

By Yusuf Odejobi As the commencement of operations at the Lekki deep seaport draws nearer, the fact that the $1.6 billion deep seaport project in the Free Trade Zone is  without plans for an intermodal transport system necessary for seamless …

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How Vehicle Log Book Could Breed Congestion, Corruption At Ports

How Vehicle Log Book Could Breed Congestion, Corruption At Ports

By Yusuf Odejobi Information technology has become an essential part of the rapid and accurate transfer and processing of enormous volumes of data processed across several sectors; from banking to aviation, education to politics, and the maritime sector isn’t an …

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Tackling The Menace Of Rickety Trucks

Tackling The Menace Of Rickety Trucks

By Yusuf Odejobi News of containers falling off trucks conveying them has become worrisome and there is a dire need to mitigate these accidents which have led to avoidable loss of several lives and valuable properties. While these increasing occurrences …

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Addressing The Menace Of Stowaways At Lagos Ports

Addressing The Menace Of Stowaways At Lagos Ports

By Yusuf Odejobi Seaports are usually regarded as the economic gateway to every nation.  They play crucial roles in economic growth, stability and sustainability as the nation relies on ports for exports and imports. In Nigeria, the Lagos Port Complex …

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E-Customs And Concession Brouhaha

E-Customs And Concession Brouhaha

By Kenneth Jukpor & Yusuf Odejobi Six months after the Federal Executive Council (FEC) approved the sum of $3.1 billion for Customs Modernization under Public-Private Partnership (PPP) concession to Messers E. Customs HC Project Limited, port stakeholders remain oblivious of the …

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Trucking: CRFFN’s Struggles And The Need To Instill Professionalism

Trucking: CRFFN’s Struggles And The Need To Instill Professionalism

By Yusuf Odejobi Transportation is an integral part of economic development in any nation. It allows for easy movement of goods and passengers from one part of a nation to another or across frontiers. An efficient transport system should help boost …

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APMT’s Foreign Security Outfit: Embers of Safety and Economic Threats

APMT’s Foreign Security Outfit: Embers of Safety and Economic Threats

By Yusuf Odejobi With the growing amount of insecurity in the country ranging from banditry, Fulani herdsmen killings, kidnapping and Insurgency, it is expected that every individual holds a reasonable amount of responsibility to protect itself and Nigeria as a …

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Empty Container Conundrum And Rising Freight Charges

By Kenneth Jukpor & Yusuf Odejobi   Recent reports that the cost of freight from Europe to Lagos has moved from $3000 to about $13000 per 40ft container has generated lots of concern among port industry stakeholders as Nigeria grapples …

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Barge Accidents: X-Raying The Challenges

Barge Accidents: X-Raying The Challenges

By Kenneth Jukpor Over 1million twenty-foot equivalent units (TEU) containers and more than 10,000 trucks have been moved via barges in the last three years, since barging was introduced as a circumstantial development to dissipate the pangs of the impassable …

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