FG, states, LGs share N701bn for April The Federation Accounts Allocation Committee (FAAC) has begun talks with stakeholders on the review of the current revenue allocation formula between the federal, state and local governments. Under the current sharing formula, the …
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By Kenneth Jukpor Maritime experts have admonished the Federal Government to take a cue from the aviation sector by establishing an agency to be known as ‘Accidents Investigation Bureau (AIB)’ to provide in-depth study and statistics of accidents in the …
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By Oyeniyi Iwakun Smugglers may have encountered yet another waterloo as about 917 cartons of poultry products with the Duty Paid Value of N5,502,000 suspected to be smuggled en-route the Seme border was destroyed yesterday by the Federal Operations …
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•Apapa command insists on right to operate at gate •NPA faults action, says it’s against Ease of Doing Business Irked by the challenges of multiple cargo clearance at seaports, maritime stakeholders have berated the Nigeria Customs Service (NCS) for posting …
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The Federal Government on Monday announced that about N1.7tn would be invested by various stakeholders in the Niger Delta between this year and 2021. It said the fund would be spent on the development of the region, adding that about …
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A United States-based investor, Ameri Metro Incorporation, on Monday declared its readiness to provide $10bn for the construction of speed rails in Nigeria. The firm told the Federal Government that it had the capacity to fund rail projects across the …
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* Customs lacks right to stay at port gates- NPA By Oyeniyi Iwakun All seem not to be smooth at the ports quarterly stakeholders meeting held in Lagos last week as a tough argument ensued between the Executive Director, Marine and …
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The Association of Nigerian Licensed Customs Agents (ANLCA) has revealed its intention to contest in the upcoming governing council elections of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) and withdrawn its court case against the Council. …
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The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) has announced June 29, 2018 as the new date for election of practitioners into its Governing Council. The Registrar of the Council, Mike Jukwe, on Thursday last week, in …
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The Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi will be the Special Guest of Honour at the 2nd Maritime Technical Summit coming up on May 22nd, 2018 at the Eko Hotels and Suites, Victoria Island, Lagos. The summit which …
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· Why sea-link project failed · African ship-owners are myopic- Islamic P&I Club By Kenneth Jukpor As part of efforts to resolve the ravaging problem of maritime insecurity in the Gulf of Guinea, the Former Chairman, International Maritime Organization (IMO) …
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In a bid to maximize the celebration of the 2018 World Environment Day, Kings Communications Limited, publishers of Money Management Series (MMS Plus) newspaper in collaboration with the Federal Ministry of Environment, National Environmental Standards and Regulations Enforcement Agency (NESREA), Nigeria’s foremost agency on …
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Move could end inefficiency, graft, shortfall in NNPC remittances to treasury NEC uncovers fraudulent non-remittance of N526bn, $21bn by govt agencies Recommends indicted agencies for prosecution The governors of the 36 states of the federation are canvassing a novel initiative …
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The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja has intercepted various contraband and other goods on detention with a duty paid value(DPV ) of One Billion, Ten Million, Two hundred and Ninety -Five Thousand, Six Hundred and Sixty …
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By Kenneth Jukpor Maritime experts have posited that a comprehensive maritime policy framework is a prerequisite for developing maritime infrastructure across the African coastal states. This position was first posited by the Former Chairman of the International Maritime Organization (IMO) …
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Stakeholders in the renewable energy sector have raised the alarm that only about 13 per cent of the over 110,000 used lead-acid batteries (ULABs) that find their ways into Nigeria yearly are recycled. Speaking at a workshop on how to …
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We are currently working assiduously on fleet expansion, says airline The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operator’s Certificate (AOC) of First Nation Airways indefinitely. The agency notified the airline about the suspension in a letter with …
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*N1bn spent on Phantom IFFN building project *N850m used for security equipment *FG introduces Disbursement Accounts to check capital flight While the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) prepares for election into its governing board, more …
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The Federal Road Safety Corps (FRSC) has rescued crash victims involved in a lone accident on the Lagos /Ibadan Expressway and returned over N2million recovered from the scene to the mother of the owner. Mr Clement Oladele, the FRSC Sector Commander …
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SIFAX Haulage and Logistics Limited one of the subsidiaries of SIFAX Group and Mr. Olumuyiwa Akande, Corporate Affairs and Communications Manager, SIFAX Group have won two awards at the 6thedition of the Nigeria Transport Awards held in Lagos recently. As …
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