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Nnadi Strategizes To Hit Revenue Target, Visits Customs Consultative Committee

From right: Aare Hakeem Olarewaju,Chairman, Customs Consultative Committee(CCC);Dera Nnadi,Customs Area Comptroller(CAC) Tin Can Island Port Customs Command; Dr. Eugene Nweke, Secretary, CCC during a courtesy visit The Nigeria Customs Service(NCS) has continued to seek collaboration with stakeholders in its quest …

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Confusion As NIMASA, Banks Disagree Over CVFF Disbursement

The creation of the  Ministry of Marine and Blue Economy by President Bola Ahmed Tinubu, has put the focus of the international maritime community on Nigeria as she attempts to realize the vast potentials inherent in the marine environment.  The Director …

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NIMASA, Dangote Refinery To Fine-tune Cabotage Trade  Modalities In 2 Weeks

From right: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh (Left), OFR presenting a souvenir to Managing Director, Dangote Port Operations, Akin Omole during a courtesy visit by the MD to the NIMASA headquarters in Lagos …

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Keyamo Hopeful Facilities In Akwa Ibom Airport Will Save Forex, Meet Global Needs

Sunny Edemenang – Uyo From right: Minister of Aviation and Aerospace Development, Festus Keyamo and Governor of Akwa Ibom State, Eno Umo during a tour of the aviation facilities in Akwa Ibom State, recently. The Minister of Aviation and Aerospace …

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World Customs Body Confers Merit Award On MD NPA

From left: Minister of Marine and Blue Economy, Adegboyega Oyetola presenting a Merit Award for rendering exceptional service to the international Customs community”from the World Customs Organization(WCO))on the occasion of the International Customs Day 2024 to the Managing Director of …

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Oyetola Seeks Improved Economic Development Ties With Indian Government

Oyetola The Minister of Marine and Blue Economy, Adegboyega Oyetola has called for stronger collaborations with the Government of India, remarking that stronger ties with India renowned for its rich maritime heritage in  ports and shipping industry will boost investments that …

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NPA, Customs To Deepen Trade Facilitation, Create One-Stop-Shop Export Desk

The Nigerian Ports Authority (NPA) and the Nigeria Customs Service (NCS) have pledged to work together to deepen trade facilitation and drive exports as part of measures to support the Federal Governments economic diversification effort. They made the pledge On …

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Customs Hands Over Seized Drugs Worth N4.3Billion To NDLEA

By EKPO, ERIC Comptroller-General, Bashir Adewale Adeniyi(middle)and the CAC Tin Can Island Customs command, Dera Nnadi at the press briefing on Thursday The Nigeria Customs Service (NCS) on Thursday announced the seizure of N4.279bn worth of hard drugs and handed …

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FG To Grow Economy By  200% In 3 Years Through Marine Sector-  NSC Boss, Akutah

By  EKPO ERIC From left: Mr. Etienne Rocher, Managing Director, Tin Can Island Container Terminals (TICT) Limited and the Executive Secretary/CEO, Nigerian Shippers’ Council, NSC, Barr. Pius Akutah during the Council’s tour of terminals in Tin Can Island Port, last week. …

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‘Foreign airlines’ trapped funds will discourage investors’

Foreign Airlines Decry Lingering Forex Crisis As Backlog Mounts

Foreign Airlines One of the biggest tasks currently before the Minister of Aviation and Aerospace Development, Festus Keyamo, is to ensure that more airlines do not suspend their operations from the Nigerian market. Experts said any exit could be catastrophic …

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Managing Nigeria’s Fiscal Challenges In Shipping

SUEZ CANAL CRISIS: Rise In Shipping Costs, Others Wreck 2024 Maritime Opportunity Outlook

By Kingsley ‘Anaroke *Banking, industrial goods, oil, gas beat marine prospects *SAL accuses Maerskline of PSS imposition on shippers *How Chinese holiday, Red Sea crisis disrupt supply chain As the rising global shipping costs occasioned by Suez Canal crisis being …

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NSC Boss,Akuta Visits NIMASA, Seeks Collaboration

R-L: Executive Director, Finance & Administration, Nigerian Maritime Administration and Safety Agency, NIMASA, Mr. Chudi Offodile; Executive Secretary, Nigerian Shippers’ Council, (NSC); Mr. Akutah Pius Ukeyima; Director General, NIMASA, Dr. Bashir Jamoh, OFR and Director Consumer Affairs Division, NSC, Chief Cajetan Agu during a courtesy visit by …

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Trade Minister, Oyetola To Join CG As Customs Launches Time Release Study

Nnadi, CAC Tin Can Command  *Tin Can Customs Rakes In N716Bn In 2023 The Nigerian Customs Service(NCS) has concluded plans to flag off the 2024 Time Release Study to be conducted in conjuction with the technical assistance of the World …

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Shippers Council Boss Lauds Ports & Cargo’s Investment In Maritime Sector

L-R: Capt. Ibraheem Olugbade, Executive Director, Administration, Ports & Cargo Handling Services Limited; Pius Ukeyima Akutah (MON), newly-appointed Executive Secretary/CEO, Nigerian Shippers Council; John Jenkins, Managing Director, Ports & Cargo Handling Services Limited and Tobi Afolabi, Executive Director, Operations, Ports …

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NAFDAC Boss Receives ANLCA President, Frowns At Export Certificate Forgery

R-L: National President of ANLCA, Emenike Nwokeoji, Director General of NAFDAC, Prof Christiana Modupe Adeyeye and other senior executives of both organization during a strategic meeting recently National President of Association of Nigerian Licensed Customs Agents (ANLCA) Mr Emenike  Nwokeoji …

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Oyo/Osun Customs Rakes In Over N71 Billion in 2023

Oyo/Osun Command of the Nigeria Customs Service has recorded cumulative sum of N71,292,530,398.17 (Seventy-One Billion, Two Hundred and Ninety-Two Million, Five Hundred and Thirty Thousand, Three Hundred and Ninety-Eight Naira, Seventeen Kobo) for the fiscal year of 2023. Dr. Ben Oramalugo, Customs Area Controller …

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Customs seek synergy in blocking revenue leakages

Apapa Customs Achieves 14.6℅ Revenue Growth In 2023

The Apapa Area Command of the Nigeria Customs Service(NCS) said it recorded 14.6% increase in revenue collection during the fiscal year 2023 despite a decline in trade volume.  Controller of the command, Comptroller Babajide Jaiyeoba said the command achieved a …

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Marine, Blue Economy Minister To Grace PCC Quarterly Meeting

Oyetola The Minister of Marine and Blue Economy, Adegboyega Oyetola is expected to grace the first 2024 quarterly meeting of Nigerian Ports Consultative Council(PCC) scheduled for Thursday, 25th January 2024  at Federal Palace Hotel and Casino, Victoria Island, Lagos Heads of maritime …

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Lekki Deep Seaport Berths Largest Container Vessel On Nigerian Waters

Largest Container Vessel in Nigerian Waters The Nigerian Ports Authority (NPA) has taken trade facilitation a notch higher with the berthing at the Lekki Deep Seaport of the largest container carrier to sail on Nigerian territorial waters on Sunday 21st …

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‘Foreign airlines’ trapped funds will discourage investors’

Foreign Airlines Repatriate N795bn In Six Months – CBN Report

Foreign Airlines Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at …

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