NEWS LENS

The Federal Government budgeted N1,001,318,171 for President Muhammadu Buhari’s local and international travels in the proposed 2019 budget. The budget proposes N250,021,595 for the President’s local trips and N751,296,576 for him to travel internationally. Meanwhile, N83,974,710 was budgeted for Vice-President …

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has announced that all oil blocks that are due for renewal would be approved by the first quarter of the year. He said the plan follows the early renewal policy that …

The return of the National Agency for Food and Drug Administration and Control (NAFDAC) to the ports and borders in May 2018 after seven years of absence and heightened readiness and alertness of the Agency’s Ports Inspection Directorate have significantly …

The N2.5 billion Baro ports project appears to have received a lease of life after the deplorable condition of the access road delayed the project for several months. But there is the worry that the project may not live up …

· $60 crude oil $60 benchmark is deceptive · FG must focus on railway projects, jettison ‘Nigeria Air’ By Kenneth Jukpor While the Senate President and several political bigwigs in the polity have expressed dissatisfaction with the 2019 budget presented by President …

By Sylvanus Ekpo The Founder of National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Aniebonam has called on the leadership of the Association of Nigeria Licensed Customs Agents (ANLCA) to adopt the “Doctrine of Necessity” in solving the …

By Kenneth Jukpor Following President Mohammadu Buhari’s decision to decline assent to the National Transport Commission (NTC) bill, Senate President, Bukola Saraki has summoned all relevant Senators to address the excesses observed in the bill. Saraki called on the relevant …

The truckers who do business at Nigerian ports have decried growing state of traumatic experiences from the lingering Lagos ports access roads gridlock, anomalies clogging the vital components of the logistics supply chain, as well as extorting by various security …

…Urges Passengers, Boat Operators To Prioritize Safety On Waterways By Kenneth Jukpor The National Inland Waterways Authority (NIWA) has admonished waterways passengers and boat operators to prioritize safety as they transit on the nation’s waterways. The Managing Director of NIWA, …

By Kenneth Jukpor As part of efforts to correct the unfortunate shipping scenario in the country, Nigerian ship owners as well as other stakeholders in the shipping sector have highlighted groupings and joint ventures as alternative sources for ship acquisition. …

…Customs to distribute seized items to orphanages The Nigeria Customs Service (NCS) has identified porous borders and improper implementation of the ECOWAS (Economic Community of West African States) protocol on transit by neighbouring countries as major hindrances to fight against …

Reads riot Act to lubricants’ importers, producers Worried about the high level of failures recorded from its survey of the lubricant market, the Standards Organisation of Nigeria (SON) has announced plans to intensify efforts to combat the influx of fake …

Key stakeholders in the maritime and trade sectors are set to look in depth issues concerning ship and maritime infrastructure financing, with a view to suggesting workable and lasting solutions for the discourse. Industry stakeholders will be gathering at the …

The Nigerian Customs Service (NCS) has generated N1.1 trillion in 2018 (January to November) surpassing its 2017 revenue haul of N1.037trillion. The National Spokesman of the Customs, Mr. Joseph Attah revealed this during a chat with journalists in Lagos on …

The Federal government has been urged to explore international standards in its efforts at bringing the Nigerian railways infrastructure back to live while the citizens must also develop ethics of boarding train. Director Civil/New Lines, Nigerian Railway Corporation, Anthony Onyokoko …

Nigeria has emerged one of the early gainers of the maiden Intra-African Trade Fair (IATF), in Cairo, Egypt, as it had sealed a $2.24 billion deal for regional trade expansion and industrial parks. The first-ever IATF on the continent, organised …

Hopes of a return of the era of Initial Public Offerings (IPO) were rekindled last week, after four years of zero record, with the offer for sale of SAHCO Plc’s 406,074,000 ordinary shares of 50 kobo each at N4.65 per …

· How Presidential Committee consummated the deal illegally · Nigerian Fleet Implementation Committee to launch website in January By Kenneth Jukpor The Minister of Transportation, Rt. Hon. Rotimi Amaechi has been stunned to realize the massive corruption perpetuated under his ministry as two …

*League of Maritime Editors alleges plot to foreclose President’s Assent Members of the Senate Committee on Marine Transport have been urged to do more than just passing the National Transport Commission (NTC) Bill and work assiduously for its assent by …

By Kenneth Jukpor Hajia Bolanle Idayat Muse has been elected as the new President of the Nigerian chapter of African Women in Maritime (WIMAFRICA). Bola Muse took over from Barr. (Mrs.) Jean-Chiazor Anishere who is now the Continental President of …