As part of the efforts to correct the unemployment and underemployment rate currently at 43.3% in Nigeria, young women in the country have been advised to hone entrepreneurial skills to contribute to poverty alleviation in the nation. This appeal to …
Read More »Is Nigeria subsidising fuel consumption in West Africa?
Boasting a population of 25 million, the markets of Cameroon are full to bursting. Along with dirt roads vermillion, turquoise and saffron handwoven mats are spread out as far as the eye can see, every empty space between them dotted with …
Read More »African air traffic soars by 11.7% amid global demand surge
Air traffic demand in Nigeria and other African countries improved by 11.7 per cent in June as part of the global upsurge of 5.0 per cent compared to June 2018.The International Air Transport Association’s (IATA) global passenger traffic results for …
Read More »FG bans forex for food importation
President Muhammadu Buhari, yesterday directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country. Buhari made the disclosure on Tuesday in Daura, Katsina State, when he hosted All Progressives Congress (APC) governors …
Read More »NAF, Mudaime, NIW push for indigenous participation to save $50b imports
Local content efforts championed by the Nigerian Air Force (NAF) and an indigenous oil servicing firm, Mudiame International Limited as well as the Nigerian Institute Welding (NIW) could conserve as much as $50 billion in the country, drastically reduce influx …
Read More »‘Nigerian market kept Kenya Airways through hard times’
The survival of Kenyan national carrier, Kenya Airways, from recent economic hard times has been linked to supports enjoyed from the Nigerian market. The Country Manager of the East African carrier, Hafeez Balogun, said this in appreciation of the Nigerian …
Read More »Flight delays, cancellations cripple local travels amid traffic surge
• Frustration as Nigerian embassy slows down Sallah travel • Hajj pilgrims to start returning August 17, says presidency Flight delays and cancellations in local air transport have worsened, much to the discomfort of passengers travelling for either summer or …
Read More »CABOTAGE: NIMASA Placed 7000 Nigerians Onboard Vessels In Six Years
Contrary to reports that the Nigerian Maritime Administration and Safety Agency (NIMASA) has been negligent with regards placing Nigerian seafarers onboard vessels, the agency has placed over 7,000 Nigerian seafarers onboard ocean-going vessels in six years. The Director General …
Read More »Port Concession Review: NPA To Create Monitoring Team To Regulate Self
· How technical regulatory issues lead to fiscal losses · SOLAS related deficiencies ranked highest in 2018 – Abuja MOU By Kenneth Jukpor As part of efforts to ensure that both parties in the ongoing port concession agreement review meet their obligations, …
Read More »NAMA To Reduce Pilots, Controllers’ Hitches
The Nigeria Airspace Management Agency (NAMA) has said the sectorisation of the Lagos Sub-Flight Information Region (Sub-FIR) into two will reduce radio airspace communication challenges faced by pilots and air traffic controllers over congestion. Its Managing Director, Captain Fola Akinkuotu, …
Read More »Policy Makers Harp On The Need To License ATSEP
The need for urgent license Air Traffic Safety Electronics Personnel (ATSEP) to further enhance safety in the country and the region has become topmost on the agenda of the Ministry of Aviation. Permanent Secretary, ministry of transportation Sabiu Zakari made …
Read More »IMO Council Elections: Improved Ship Registry To Boost Nigeria’s Chances
NIMASA receives report from Ilori-led committee on ship registry By Kenneth Jukpor As the December 2019 elections into the Governing Council of the International Maritime Organization (IMO) draws near, experts have tipped an improved ship registry as a factor that …
Read More »Women Inclusion: APM Terminals Apapa Employs Six Female Crane Operators
Jacob disclosed this when the executive members of the Women in Maritime Africa (WIMAfrica) Nigeria branch, visited him in Lagos on Thursday. The team also visited ENL Consortium and the Nigerian Maritime Administration and Safety Agency (NIMASA), both in Apapa, …
Read More »African cargo traffic surges by 3.8% amid global slump
African carriers have recorded a 3.8 per cent surge in freight demands amid a 4.8 per cent slump in global demand. The African region was the only one to report growth in June 2019 according to the International Air Transport …
Read More »UK plans new free ports after Brexit
The United Kingdom (UK) is planning to establish up to 10 “free ports” that will drive growth after the UK leaves the European Union (EU) on October 31. The free ports are envisioned as hubs for business and enterprise for …
Read More »Maersk sees SMEs as engine room for innovation, growth
The Head of Marketing and Business Development, Africa Region of Maersk, Anita De Werd, has described Small and Medium sized Enterprises (SMEs), as the engine of innovation and job creation. Speaking as a panelist during the opening session of the …
Read More »201 cargo ships scrapped in H1 2019
The number of ships sold for demolition in the first half (H1) of 2019, fell for almost all sectors, compared to the same period a year before, a VesselsValue scrapping roundup has revealed. According to the report, a total of …
Read More »Nigeria needs N3 trillion to fix transport infrastructure
•Shippers’ Council to sign $500 million Dry Port deal For Nigeria to bridge the huge infrastructure deficit in the transport sector, it requires an estimated N3 trillion investment. The Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, who disclosed this …
Read More »Chinese toxic waste factory uncovered in Lagos
• Another firm fingered in economic sabotage Operatives of the Area F command of the Lagos State police command have uncovered a factory where e-waste is assembled and exported to China and Vietnam. Detectives also arrested two brains behind the e-waste …
Read More »Improved Ship Registry Will Boost Nigeria’s Ship Finance Opportunities – Dakuku
NIMASA Sets 72-hour deadline to announce implementation monitoring committee By Kenneth Jukpor The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has tipped an improved Nigerian ship registry to give global financial institutions confidence …
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