The Federal Government has come under intense pressure to stop the planned sale of used Chinese cars in the country even as some Nigerian firms interested in marketing the low-cost vehicles are reportedly making enquiries. Already, many vehicle assemblers, car …
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· FG’s taxation drive wont solve economic woes – Experts · Manufacturers demand clarification on indefinite border closure By Kenneth Jukpor The proposed increment of Value Added Tax (VAT) from 5% to 7.5% may seem minimal but according to economic …
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• $8 billion market threatened • Anxiety over prices of vehicles The nation’s automobile industry is currently in the grip of confusion as the Nigeria Customs Service (NCS) begins a major clampdown on car dealers in search of smuggled vehicles. …
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• Approves medium-term expenditure framework • Reps okay 2.18mbpd, $57/barrel as crude oil benchmark The Senate yesterday invited President Muhammadu Buhari to present the 2020 budget as it increased it from N9.12 trillion to N10.729 trillion. It also adopted the …
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By Kenneth Jukpor Barely 24 hours after the National Auditor of the All Progressives Congress (APC) George Muoghalu has been appointed as the new Managing Director of the National Inland Waterways Authority (NIWA), he has been tasked with transforming …
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Although the Nigerian Ports Authority (NPA), said it decommissioned the BUA Ports and Terminals Limited, operator of Terminal B, in Port Harcourt, Rivers State, for security reasons, BUA described the action as contradictory to the ease of doing business agenda …
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The Comptroller-General of the Nigeria Customs Service, Hameed Ali, on Wednesday told the National Assembly members that the agency had been raking in between N4.7bn and N5.8bn since the Federal Government closed the nation’s borders. Ali stated this when he …
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The Federal Government has declared its intention of enabling the maritime sector to contribute over N300 billion to the national coffers, through restoration of safety and security on the waters. The Minister of Transportation, Rotimi Amaechi, who disclosed this at …
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Nigeria Export-Import Bank (NEXIM), has revealed that over N13 billion of Federal Government’s credit intervention for export and Small and Medium Enterprises (SMEs) have not been accessed. NEXIM, North West Regional Head, Waziri Albishir, made the revelation during a Non-oil …
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As 10 undergraduates bag NIMASA educational grants The new maritime security infrastructure being built by the federal government, the Deep Sea project, has been projected to be a major economic trigger for the country, according to the Minister of …
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As part of efforts to prioritize safety of lives and properties on board planes in the country, the Nigerian Civil Aviation Authority (NCAA) has banned the carriage of Macbook Pro laptop (Model: Retina, 15 MID 2015) on flights. The Authority …
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CBN’s cashless policies are contradictory – Experts Concessionaires to take over Onitsha river port in December NIMASA to acquire 2 special mission vessels By Kenneth Jukpor There are strong indications of emerging monetary crisis in Nigeria following Central Bank of …
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Appalled by the incessant poaching of Africa’s aquatic resources by illegal foreign poachers, the former Chairman of Nigeria Fishing Trawler Owners Association (NIFTOA), Barr. (Mrs.) Margaret Orakwusi, has called on the European Union and the United Nations to stop the …
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By Kenneth Jukpor As part of efforts to key into the International Maritime Organization’s (IMO) 2019 theme on “Empowering Women in the Maritime Community”, the Nigerian chapter of African Women in Maritime (WIMAfrica) will host the maiden edition of an annual …
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The Comptroller-General, Nigeria Customs Service, Col Hameed Ali (retd), has said the Federal Government closed Nigeria’s borders in order to strengthen the nation’s security and protect its economic interest. He said this on Thursday at the Seme border during a …
Read More »Samsung Heavy Industries Nigeria (SHIN), the leading operator of the SHI-MCI fabrication and integration yard, has won a highly-commended award in the category of contribution to development of the regional maritime cluster at the prestigious Seatrade Maritime Awards Middle East, …
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More women needed in dredging, marine survey – Saraki Women deserve equal rights and opportunities – Anishere By Kenneth Jukpor As the International Maritime Organization (IMO) dedicated 2019 World Maritime Day celebration to empowering women, Nigeria’s Minister of Transportation, …
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The Nigerian Ports Authority has said that it would partner the Ministry of Works and Housing and other relevant agencies to rehabilitate port access roads to stop gridlocks around the seaports. The NPA Managing Director, Ms Hadiza Usman said this …
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Most senators who contributed to the debate on a motion which reviewed the continued closure of the Nigerian borders on Wednesday condemned the Federal Government’s action. They insisted that the policy was counter-productive because it was causing great discomfort to …
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By Okuneye Moyosola The Director of Government, Legal and Industry Affairs, African Airlines Association (AFRAA), Aaron Munetsi has advocated for more focus on development of airport infrastructure in the African continent, in view of the impending trade development following the …
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