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Latest Maritime News from MMS Plus including shipping news, cargo, ship port, and ship terminal

Nigeria to export 1,540MW of electricity in 2025

Nigeria to export 1,540MW of electricity in 2025

Export of electricity to two neighbouring countries, Niger and Benin Republics, from Nigeria is expected to increase to 1,540 megawatts by 2025 from 387MW in 2020, according to a document seen by our correspondent. The document, entitled: ‘Transmission Expansion Plan’, …

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High debt profile: Publish details of loans or face legal action, NLC, TUC, others tell FG

Why President Buhari Didn’t Sign African Treaty

· Nigerian delegates yet to study treaty documents · Osinbajo gets fresh approval from FEC By Kenneth Jukpor Fresh facts have emerged to support President Mohammadu Buhari’s refusal to sign the African Continental Free Trade Area (AfCFTA) agreement on grounds that he …

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Lekki Deep Seaport Project Strategic To ERGP- Osibanjo

Lekki Deep Seaport Project Strategic To ERGP- Osibanjo

By Oyeniyi Iwakun As the federal government intensifies efforts to put Nigeria back on the track of sustainable development, the Vice President, Prof. Yemi Osinbajo has said that the Lekki Deep Seaport Project is strategic to the government’s Economic Recovery …

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Illegal Refineries with 4mpd Capacity Discovered in Rivers

Illegal Refineries with 4mpd Capacity Discovered in Rivers

The Nigerian Navy has said it has discovered six new illegal refineries with combined capacity to refine four million litres of crude oil daily in Alakiri, Asari Toru Local Government Area of Rivers State. Capt. Victor Choji, Executive Officer of …

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Nigeria to Earn $200bn from Lekki Seaport as FG Earmarks N90bn for Economic Zones

Nigeria to Earn $200bn from Lekki Seaport as FG Earmarks N90bn for Economic Zones

President Muhammadu Buhari has expressed commitment to a conducive business environment that would aid investments in the country even as it emerged that Nigeria is expected to rake in over $200 billion from the operations of the Lekki Deep seaport …

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Nigeria Airways’ ex-workers’ll get N45bn severance after Easter – FG

Nigeria Airways’ ex-workers’ll get N45bn severance after Easter – FG

The N45bn severance package of former workers of the defunct Nigeria Airways Limited will be paid after the Easter holiday as soon as the Senate resumes sitting and approves the fund, the Federal Government has said. The government stated that …

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WATIF Advocates Removal Of Barriers To Bilateral Ties

In a bid to aid bilateral ties between Nigeria and other African countries, the West Africa Trade and Investment Forum (WATIF) has tasked stakeholders on the removal of trade barriers for improved collaboration, regional development and economic impact. Speaking at …

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MMS Hall Of Famer Wins 2018 Young African CEO Award

2017 MMS Hall Of Famer Wins Young African CEO Award

One of the 2017 MMS Woman of Fortune Hall of Famers (WoFHoF) Dr. Amy Jadesimi has won the Young African Chief Executive Officers (CEO) of 2018 award at the prestigious Africa CEO Forum which held recently in Abidjan, Cote’d voire. …

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Shippers Council To Sponsor 6 Accountants To Global Conference

Shippers Council To Sponsor 6 Accountants To Global Conference

By Kenneth Jukpor As part of efforts to reiterate its committment to the development of human capacity at the Nigerian Shippers’ Council (NSC), the Council’s management has assured that six members of the Institute of Chartered Accountants of Nigeria (ICAN) …

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FG Declares Friday, Monday Public Holidays

FG Declares Friday, Monday Public Holidays

The federal government has declared Friday, March 30 and Monday, April 2, 2018 public holidays in order to mark the Good Friday and Easter Monday respectively. In a statement signed by an official in the Ministry of Interior, Mrs. Nkiru …

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Aviation security personnel set to carry arms – FG

Aviation security personnel set to carry arms – FG

Aviation security personnel of the Federal Airports Authority of Nigeria will soon be licensed to carry arms at airports across the country. The Federal Government said on Monday that the move was to complement other agencies in addressing security threats …

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TSA: FG renegotiates fees with service providers

TSA: FG renegotiates fees with service providers

Why we keep funds outside TSA — NNPC The Federal Government has commenced negotiations with all service providers on the Treasury Single Account in a bid to reduce the cost of running the policy. The Accountant-General of the Federation, Mr. …

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ICAN Synergizes With Five Star Logistics

ICAN Synergizes With Five Star Logistics

By Oyeniyi Iwakun As part of tour to notable personalities and organizations, the Lagos Mainland and District Society (LMDS) of the Institute of Chartered Accountants of Nigeria (ICAN) has gone into partnership with the management team of Five Star Logistics. …

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Rescue That Innocent Girl, Orakwusi charges FG

Rescue That Innocent Girl, Orakwusi charges FG

By Oyeniyi Iwakun The Chairman, Board of Trustees (BOT), MMS Woman of Fortune, Hall of Fame (WOFHoF) Initiative, Barrister Margaret Orakwusi has charged the federal government to embark on aggressive search and  rescue of the only remaining female student of …

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Managing Chaos In Nigeria’s Aviation Sector

Aviation unions threaten strike over N45b Nigeria Airways pension arrears

Workers’ unions in the aviation industry have threatened to shut the airspace and ground all flight activities in protest against the Federal Government’s refusal to pay N45b pension and gratuities of Nigeria Airways ex-workers. The unions, comprised of National Association …

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2019 Elections: Nigerian Women Campaign For Female President

2019 Elections: Nigerian Women Campaign For Female President

· MMS raises N10million for the less privileged · How I became first female departmental president By Kenneth Jukpor As the 2019 elections edge closer, prominent Nigerian women across various sectors of the economy are brimming with confidence and enthusiasm as they …

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Why Nigeria’s Move For National Carrier Failed- Amaechi

Why Nigeria’s Move For National Carrier Failed- Amaechi

Aggrieved at the impasse the nation reached in its bid to revive a private sector driven national carrier, Nigeria’s Minister of Transportation, Hon. Rotimi Amaechi has revealed why his efforts to ensure the country acquires ocean-going vessels have been futile. …

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Bill Gates faults Nigeria’s economic growth scheme

Bill Gates faults Nigeria’s economic growth scheme

Bill Gate, the Co-chair of the Bill & Melinda Gates Foundation, yesterday faulted the Federal Government’s Economic Recovery And Growth Plan (ERGP). Addressing stakeholders at the special session of the National Economic Council (NEC) meeting presided over by Vice President …

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Teleology Beats Deadline, Pays $50m Non-refundable Deposit for 9mobile

Teleology Beats Deadline, Pays $50m Non-refundable Deposit for 9mobile

Adrian Wood: We’ve taken over 9mobile’s loans, will create a Nigeria-centric telco Teleology Holdings wednesday beat the deadline stipulated under the bid process for the acquisition of 9mobile by paying a $50 million non-refundable deposit for Nigeria’s fourth largest network …

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Ikeja Customs Impounds N2.5 Billion Contrabands, Detains Five Suspects

Ikeja Customs Impounds N2.5 Billion Contrabands, Detains Five Suspects

  By Oyeniyi Iwakun The Federal Operations Unit (FOU), Zone “A”, Ikeja, of the Nigeria Customs Service (NCS), has on Monday, 20th March, 2018, in Lagos, showcased contrabands with Duty Paid Value (DPV) of N2,557,261,280.6 intercepted at various locations at …

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