Transporters, under the aegis of Council of Maritime Transport Unions and Associations (COMTUA), have threatened to institute legal actions against the Nigerian Ports Authority (NPA) over extortion and breach of agreement on the electronic call-up system. The group made the threat …
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The Central Bank of Nigeria (CBN) has released guidelines for the newly-introduced electronic invoicing (e-invoicing) and evaluator for exporters and importers, saying the process commences on February 1, 2022. The new regulation, it stated, is aimed at determining the accurate …
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By Kenneth Jukpor Despite its role as the biggest seaport terminal operator in the country, APM Terminals Apapa, is still rapidly transforming into a world-class facility. Speaking in Lagos while reviewing the performance of APM Terminals Apapa in 2021, Klaus …
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By Kenneth Jukpor * AMCON allegedly aided Rear Admiral Kanu’s death – Family sources * Treat shipping assets like aviation sector – Ship Owners Shipping experts have blamed the Assets Management Corporation of Nigeria (AMCON) for the decline of shipping …
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By Kenneth Jukpor Following reports that some operatives of the Nigerian Customs Service (NCS) and Customs Licensed Agents connive to circumvent the auto-policy guidelines of the federal government, some conditions for accepting vehicles older than 15 years in the country …
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The United Nations Office on Drugs and Crime (UNODC), has commended Nigeria for the first-ever successful prosecution and conviction of piracy in Africa. This is contained in a statement issued by the Head of Strategic Communication, Office of the National …
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The Federal Competition and Consumer Protection Commission (FCCPC) has signed a Memorandum of Understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure fair competition among operators in the industry. FCCPC’s Chief Executive Officer, Mr. Babatunde Irukera, said at the …
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By Kenneth Jukpor Worried by Nigeria’s increasing debt profile with numerous loans, the Association of Nigeria Customs Licensed Agents (ANLCA) has advised the federal government to be cautious before signing the $3.1billion Customs Modernization Project. ANLCA President, Hon. Tony Iju …
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By Kenneth Jukpor The Comptroller-General of Nigeria Customs Service (NCS), Col. Hammed Ali (Rtd) commissioned 18 new creek patrol boats built by an indigenous firm, SEWA in Port Harcourt, yesterday. Speaking at the ceremony, the Customs boss stated that the …
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The Ports and Terminal Multiservices Limited (PTML) Command of the Nigeria Customs Service (NCS) collected a total of N 224,470,113,733.00 as revenue in the year 2021. Briefing journalists in Lagos on Wednesday, the Customs Area Controller, Compt Festus Okun said …
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Netherlands-based terminal operator, APM Terminals, has decided to bring forward its net-zero greenhouse gas emission target to 2040, a decade ahead of its initial 2050 ambition. A 70 per cent reduction in total emissions has been set as an interim …
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The suspended Managing Director of the Nigerian Ports Authority(NPA), Hadiza Bala-Usman has debunked reports in a section of the media stating that she was indicted in an audit report on the NPA purportedly released by the Auditor-General of the Federation (OAuGF). In …
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BudgIT Nigeria, a civic-tech organisation, on Monday, announced its discovery of 460 duplicated projects valued at N378.9bn in the 2022 Appropriation Act, accusing the National Assembly of padding the Federal Government’s budget, among other allegations. The National Assembly kept mum …
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By Kenneth Jukpor As part of efforts to enhance the ease of doing business at the seaports and other key economic strata of governance, Nigerian shippers have encouraged the federal government to prioritize trade facilitation as its economic stance in …
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* 2023 elections to disrupt national economy, subsidy removal, MDAs * Experts perplexed by FG’s increased borrowing By Kenneth Jukpor Despite an economic growth of 2.5% projected for Nigeria’s economy in 2022 by the World Bank, experts predict higher inflation …
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By Kenneth Jukpor The federal government has set a revenue target of N4.1trillion for the Nigeria Customs Service (NCS), a figure which represents 23.9% of the nation’s 2022 budget of N17.1trillion. The Customs Area Controller of Apapa Command, Comptroller Yusuf …
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By Kenneth Jukpor The Federal Operations Unit (FOU) Zone ‘A’, Nigeria Customs Service (NCS) seized 82,171 bags of foreign parboiled rice which amounts to 135 trailers of rice in 2021. The Acting Controller of the Unit, Deputy Comptroller Hussein Ejibunu …
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By Kenneth Jukpor Despite the difficulty in securing employment opportunities for Nigerian seafarers, a group of seafarers which started as a WhatsApp platform in 2018 has secured over 200 job opportunities on coastal and international vessels. The group established by …
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By Kenneth Jukpor Despite the germane role of an umpire and a mediator with regards to fiscal concerns at Nigerian ports, the emergence of Nigerian Shippers’ Council (NSC) as the nation’s port economic regulator has been a major distraction that …
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By Kenneth Jukpor National Inland Waterways Authority (NIWA) has commended members of the Association of Tourist Boat Operators and Water Transporters of Nigeria (ATBOWATON) for their leadership role in boat operations. The Authority made this commendation at the weekend in …
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