NEWS LENS

FG mulls Chinese, Portuguese loans to complete railways

FG mulls Chinese, Portuguese loans to complete railways

The Federal Government is multi-billion dollar loans from Chinese, Portuguese, and Turkish financial institutions to complete ongoing rail projects across the country, Transport Minister Mu’azu Sambo, told the Senate. Sambo made this statement to the Joint National Assembly Committee on …

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FG disburses N309bn grant to exporting firms

NEPC rallies support as exports grow by 62%

  The Nigerian Export Promotion Council has called on Nigerians, especially exporters, to work together to drive the country’s economic survival through non-oil exports. Speaking during the First National Forum of States Committee on Export Promotion held in Abuja on …

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More airlines to suspend operations after Emirates – Stakeholder

More airlines to suspend operations after Emirates – Stakeholder

Dubai-based Emirates Airlines has suspended operations into Nigeria indefinitely owing to its trapped funds. According to a statement by the airline on Thursday and obtained by our correspondent, the airline had no option than to suspend flights to and from …

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25-year port master plan ready Q3 2023 – NPA

NPA boosts exports, opens new terminal

  Determined to boost exportation in Nigeria, the Nigerian Ports Authority has inaugurated a new terminal, Diamondstar Export Processing Terminal, located in Ijora, Apapa, Lagos. Speaking during the inauguration on Tuesday, the Managing Director, NPA, Muhammad Bello-Koko, said that the …

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Customs intercept over N4bn rice, cannabis, others

Customs intercept over N4bn rice, cannabis, others

Amidst biting fuel scarcity in some parts of the country, the Nigeria Customs Service has said that it intercepted 28,735 liters of smuggled Premium Motor Spirit on Lagos waterways. Addressing journalists recently, the Customs Area Controller in charge of the …

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Lekki Port begins talks on liquid berth terminal

LFPT takes delivery of $1.5bn Lekki port

  A subsidiary of China Habour Engineering Company Limited, China Habour Engineering LFTZ Enterprise, contractors for the Lekki Deep Seaport, has announced the completion of the construction of the port. Speaking during the handover of the port to Lekki Free …

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Why Emefiele Opted For Naira Redesign

Why Emefiele Opted For Naira Redesign

   Cabinet ministers  polarized as CBN sets to import notes The Buhari’s brother-in-law’s  connection ‘A suspect’-  Verdict of experts A huge threat to 2023 general elections   The new policy on redesign of Naira notes by the Central Bank of …

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Transport Sector To Create 21 Million  Jobs By 2025 - Minister

Transport Sector To Create 21 Million  Jobs By 2025 – Minister

  The Minister Of Transportation, Muazu Jaji Sambo has said that the federal government is set to create 21 Million full-time jobs and lift 35 Million people out of poverty by 2025. According to him,”The plans are aimed at accelerating …

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NPCC Condemns Attacks On Trucks By Hoodlums At Orile-Apapa Bridge

NPCC Condemns Attacks On Trucks By Hoodlums At Orile-Apapa Bridge

Following incessant attacks on trucks by hoodlums at Orile-Apapa link bridge,the Nigerian Port Consultative Council(NPCC) has cried out to the government to checkmate the activities of these hoodlums at Ijora. Latest of the attack was last week Friday, when some …

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Customs approve implementation of career progression plans

Apapa Customs Generates N790bn In 9 Months

The Apapa Command of the Nigeria Customs Service (NCS) on Thursday, Last week, announced revenue generation of N N790bn from January to September this year. The figure according to the Customs Area Controller, Apapa command, Compt. Yusuf Malanta is 29.8 …

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Customs FoU Zone B Hands Over Seized Drugs To NDLEA

Customs FoU Zone B Hands Over Seized Drugs To NDLEA

The Nigerian   Customs Service(NCS)   Federal Operations Unit (FOU) , Zone ‘B’, Kaduna  has handed over 70 parcels of the Cannabis Sativa, which it seized , to the    Nigerian Drugs Law Enforcement Agency(NDLEA), in the spirit of inter agency cooperation. …

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SON To Mark  50th Anniversary On Tuesday

SON eyes standardisation of local products

The Director-General, Standards Organisation of Nigeria, Mallam Farouk Salim, has said that the agency will not compromise its efforts aimed at standardising products manufactured by the micro, small and medium enterprises. This was the position of the Director General, SON, …

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Maritime workers decry poor security at ports

Maritime workers decry poor security at ports

The Maritime Workers Union of Nigeria has lamented the high level of insecurity at the nation’s seaports. Addressing journalists recently in Lagos, the President General of MWUN, Adewale Adeyanju, bemoaned the attack on one of the association’s members, Wale Cole, …

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$2.5m Badagry seaport’ll boost economy – NESG

$2.5m Badagry seaport’ll boost economy – NESG

The Nigeria Economic Summit Group and the Center for the Promotion of Private Enterprise have said that the $2.5m Badagry Deep Seaport will enhance international trade between Nigeria and other countries, especially within the West African sub-region. A member of …

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How rogue ships become invisible in Nigerian waters, by NPA

How rogue ships become invisible in Nigerian waters, by NPA

  Nigerian Ports Authority (NPA), yesterday, revealed that rogue vessels used for stealing crude oil in the Niger Delta turn off their Automatic Identification System (AIS) to evade detection and tracking by officials in the country’s waters. NPA Managing Director, …

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Barge operators attract N20bn investment, create 5000 jobs

Barge operators attract N20bn investment, create 5000 jobs

  The Nigerian Ports Authority has said that investments in barge operations in 2022 are estimated to be over N20bn. The agency in the July- September edition of its magazine titled, ‘ Nigerian Ports Today’ said it licensed about 58 …

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‘Foreign airlines’ trapped funds will discourage investors’

‘Foreign airlines’ trapped funds will discourage investors’

  The accusation by the Association of Foreign Airlines and Representatives in Nigeria that the Federal Government violated the Bilateral Air Service Agreement as touching the repatriation of foreign airlines’ funds, will lower investor interests in the country, the Aviation …

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United Nations Appoints Dr. Mogo  As An Expert On Mission For 4 Years

United Nations Appoints Dr. Mogo  As An Expert On Mission For 4 Years

  The United Nations(UN) has appointed Dr. (Mrs) Felicia Mogo as a member of  group of experts for the regular process for global reporting and assessment of the state of the marine environment and socio-economic activities. It is a-four year tenured …

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Maritime Security: US Coast Guards Lauds Nigeria

Maritime Security: US Coast Guards Lauds Nigeria

  Apparently satisfied with the efforts of Nigeria so far in ensuring safety of the maritime domain,the United States Coast Guard, USCG, through Captain Brian Lisko of the US Department of State has commended the Nigerian Government on the measures …

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MMS Hall of Fame:Women Lament Poor Participation In Politics, Seek Same Gender Support

MMS Hall of Fame: Women Lament Poor Participation In Politics, Seek Same Gender Support

  ·   Women participation in governance: Nigeria, 6.7%; Africa’s  threshold,23.5%;West Africa neighbours, 15% In spite of the various government policies on gender equality Nigerian women who have distinguished themselves in various sectors of the economy have bemoaned low participation of women …

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