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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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. …
Read More »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, …
Read More »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, …
Read More »$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 …
Read More »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, …
Read More »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 …
Read More »‘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 …
Read More »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 …
Read More »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 …
Read More »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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