The Federal High Court in Lagos on Tuesday delivered judgment in favour of the Nigeria LNG Limited in a case about the levies imposed on it by the Nigerian Maritime Administration and Safety Agency. The NLNG said in a statement …
Read More »Customs arrest smugglers disguised as mourners
The Seme Area Command of the Nigeria Customs Service has announced the arrest of two men, Taofiq Oyewale and Segun Oyinola, who allegedly disguised a smuggled L450 Jeep with posters of a dead person as though they were on a …
Read More »Ex-NAF chief, Amosu, diverted N2.7bn, bought properties in UK – EFCC
The Economic and Financial Crimes Commission said it had discovered two properties which a former Chief of Air Staff, Air Vice Marshall Adesola Amosu (retd.), illegally acquired in the United Kingdom with funds that he allegedly diverted from the coffers …
Read More »Global air accident reduces, says US agency
The Managing Director, National Transportation Safety Board, Mr. Dennis Jones, says that the aviation industry has recorded huge success in safety in recent years with accident rate dropping significantly. Jones, stated this at the training of investigators of Nigeria’s Accident …
Read More »Nigeria Recovers $3bn Unpaid Oil Monies, Says NEITI
The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) has hit $3billion, the Executive Secretary of NEITI, Mr. Waziri Adio has disclosed. Adio stated …
Read More »Dangote denies tax holiday for Apapa road construction
The management of Dangote Group has debunked speculations that the company would benefit from a 10-year tax holiday after constructing the 35-kilometre Apapa to Oworonshoki end of the Lagos-Ibadan Expressway. The company made this denial at a media briefing in …
Read More »$24bn crude swap: Ex-PPMC boss to forfeit nine Dubai properties
The Economic and Financial Crimes Commission has begun fresh moves to seize nine Dubai properties worth about N1.6bn, traced to a former Managing Director of the Petroleum Products Marketing Company, Mr. Haruna Momoh. Already, the EFCC has obtained an interim …
Read More »Kema Supports Airport Concession As FG Faces Economic Regulatory Disaster
Aviation ministry abandons national policy that recommends economic regulator Minister engages oil & gas firm as consultant on airport concession By Kenneth Jukpor & Nkem Osuagwu Despite the controversy trailing the proposed concession of four airports in Nigeria, a former …
Read More »FG plans 10 new rail lines
The Federal Government is currently carrying out feasibility studies on the construction of 10 new standard gauge rail lines across the country. According to the Nigerian Railway Corporation, the standard gauge rail lines will cover a travelling distance of over …
Read More »NIMASA moves against substandard shipping
The Nigerian Maritime Administration and Safety Agency has announced a plan to introduce a programme of zero tolerance to non-compliance with maritime safety and security standards in order to eliminate substandard shipping in the country. The agency made this announcement …
Read More »CAC gets SON certification for ease of doing business
The Corporate Affairs Commission has been awarded the certificate of conformity to standards by the Standards Organisation of Nigeria. The certificate was given in recognition of the progress so far made by the commission in facilitating the ease of doing …
Read More »Lagos simplifies land documentation with online services
The Surveyor General of Lagos State, Mr. Olutomi Sangowawa, has said that the state government is to further simplify the documentation of landed properties in the state by making the process of applying for land documents available online. Sangowawa revealed …
Read More »Governor Ugwuanyi Awards Contract of N165 Million for Water Schemes
By Jude Odo The Enugu State Government has awarded a contract of N165 million for rehabilitation of Ajali, and Oji River Water treatment schemes. The facilities at Ajali, and Oji River if rehabilitated would supply enough water to Enugu Metropolis. …
Read More »NPA, NRC, Shippers’ Council Must Curb Logistics Costs For SMEs
By Kenneth Jukpor In a bid to revive the nation’s economy, the former Director of the Maritime Services Department of the Ministry of Transport and former Managing Director, National Inland Waterways Authority (NIWA) Mrs. Chinwe Ezenwa has called on government …
Read More »OTL Africa 2017: Europe, Asia, South America Renew Interest in Africa’s Downstream
Buoyed by the boom and impressive return on investments currently being experienced in downstream oil and gas across Africa, investors and market leaders from Europe, Asia, and South America are set to join the industry’s topmost players in Africa for …
Read More »NAMA Sectionalizes Lagos Area Control Centre
The Nigerian Airspace Management Agency (NAMA) has begun the process of sectorizing the Lagos Sub-Flight Information Region (Sub-FIR) airspace into Lagos West and Lagos East Area Control Centres (ACCs). The effort is part of the agency’s commitment towards enhancing the …
Read More »Access to potable water drops by 25%, says FG
The Federal Government on Thursday declared that state governments were beginning to neglect the provision of adequate water supply and sanitation, particularly in urban areas. It also stated that the neglect had further worsened water supply situation across the country, …
Read More »Appetite for foreign goods costing manufacturers $3bn annually – MAN
Local manufacturers lose an average of $3bn annually due to the preference of Nigerian government and consumers for foreign goods. The President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, disclosed this on Thursday in Lagos during a media parley to …
Read More »FG to connect Nigeria, neighbours by rail – Amaechi
The Minister of Transportation, Rotimi Amaechi, on Wednesday announced plans by the Federal Government to build international rail lines that would connect Nigeria with neighbouring countries. Amaechi, who spoke at a seminar in Abuja, also said the poor state of …
Read More »More revelations emerge in Customs’ seizure of 1,580 arms
More revelations have continued to trail Great James Oil and Gas Limited, the firm linked with the illegal importation of 1,580 guns into Nigeria. On September 11, the men of the Nigeria Customs Service intercepted a 20-foot container at the …
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