NEWS LENS

CILT To Publish Quarterly Logistics And Transport Advisory And Forecasts

By Kenneth Jukpor Inducts Ajani, Jamoh, Orakwusi, 29 others as fellows In a bid to proffer expert advisory documents to guide the nation’s logistics and transport industry, the Chartered Institute of Logistics and Transport (CILT) Nigeria, would commence quarterly logistics …

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Unions protest airport concession, sue minister, FAAN

Airport concession must be transparent, foreign airlines advise FG

Minister of Aviation, Hadi Sirika, during a State House Briefing in Aso Villa on Thursday The Association of Foreign Airlines and Representatives in Nigeria has advised the Federal Government via the Ministry of Aviation to ensure the ongoing concession of …

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CIoTA Commends FG's Move To Unbundle NRC, Laments Absence From Exercise

CIoTA Laments Absence From FG’s Railway Unbundling Exercise

By Kenneth Jukpor The Chartered Institute of Transport Administration (CIoTA) Nigeria has encouraged the federal government to include it in the moves to unbundle the Nigerian Railway Corporation (NRC). CIoTA made this call at its 3rd National Transport Summit which …

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NIMASA Boss Assures IGP Of Support In Combating Maritime Crimes

NIMASA Boss Assures IGP Of Support In Combating Maritime Crimes

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has assured the Inspector General of Police, Usman Alkali Baba of support and strengthened partnership in the fight against maritime crime. Jamoh at a meeting with the …

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Why Global Cartel Won’t Remove Nigeria’s War Risk Premium

LIMWeek 2021: Denmark Pledges Support To Nigeria On Maritime Security

By Kenneth Jukpor Denmark has reiterated its support to Nigeria and other nations in the Gulf of Guinea (GoG) in a bid to intensify the war against piracy in the region. The Ambassador of Denmark to Nigeria, Mr. Sune Krogstrup …

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Bakers To Protest Exploitation By Lagos State Govt

Bakers To Protest Exploitation By Lagos State Govt

Bakers in Lagos are set to embark on a peaceful protest in a bid to kick against exploitation by some officials of Lagos State government. Premium Breadmakers Association of Nigeria (PBAN) announced this in a statement signed by its President, …

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Senate bill empowers Customs to carry out electronic transactions

Senate bill empowers Customs to carry out electronic transactions

A bill to empower the Nigeria Customs Service to carry out electronic transactions scaled second reading on the floor of the Senate on Tuesday. This followed the presentation of the lead debate on the general principles of the bill by …

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Impending Lekki Logistics Disaster: 3,000 Trucks To Clog Roads Daily

Impending Lekki Traffic Disaster: 3,000 Tankers To Clog Roads Daily

  By Kenneth Jukpor Transport experts have warned of an impending logistics disaster in Lagos with over 3,000 tankers expected to transit on the Lekki corridor daily following the emergence of Dangote Refinery at the Lekki Free Trade Zone. Speaking …

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Q1 2022: Apapa Customs Collects N264bn, Records 65% Increase

Customs Seize Cocaine Worth N13.6bn, Others At Apapa

By Kenneth Jukpor Nigerian Customs Service (NCS) recorded a seizure of 46.55 kg of cocaine concealed on vessels MV KARTERIA and CHAYANEE NAREE with a street value of N13.2 billion was also recorded on two different occasions in November at …

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CBN Injects $265 Million Into Aviation Sector To Rescue Airlines

‘Local investors, operators should undertake airport concession’

•13 bidders await verdict Aviation stakeholders have urged the Federal Government to give local investors and operators priority when awarding airport concession rights. They said local operators that are equipped with the right competencies and years of experience are better …

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National Carrier Would Eliminate War Risk Insurance - CIoTA

National Carrier Would Eliminate War Risk Insurance – CIoTA

By Kenneth Jukpor The Chartered Institute of Transport Administration of Nigeria (CIOTA) has reiterated the need to have national carriers, stressing that the national burden of war risk insurance and other arbitrary increase in freight charges would have been curbed …

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FG commits $21m to build pilots’ capacity

Foreign airlines to cut Nigeria flights as sales crash

…BA reschedules Lagos-London flights over quarantine rule The travel bans imposed by Canada and the United Kingdom on Nigeria passengers have hit foreign airlines operating in the country, with many of the carriers now perfecting plans to cut flights into …

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FG To Partner CIoTA On Transport Pricing, Safety And Security

FG To Partner CIoTA On Transport Pricing, Safety And Security

By Kenneth Jukpor The federal government has indicated willingness to partner the Chartered Institute of Transport Administration (CIoTA) Nigeria on transport regulatory issues around pricing, safety and security issues. Nigeria’s Vice President, Professor Yemi Osinbajo, made this call at the …

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Half Year Report: NPA Rakes In N172Bn In 6 Months, Remits N78.5bn

Nigerian Ports To Become Fully Digitalized By 2025 – Mohammed Bello-Koko

The Acting Managing Director of Nigerian Ports Authority, Mr. Mohammed Bello-Koko, has stated that deliberate measures and investments are being undertaken by the Authority, to create a fully digital ecosystem in all the country’s port locations by 2025. Giving a …

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Naira depreciation’ll worsen Nigeria’s food, energy crisis — W’Bank

Exporters, Finance Experts Fault FG’s Devaluation Of Naira

By Kenneth Jukpor ·  Non-oil exports suffer amid FX gains from crude oil export ·  Miners to form large conglomerates, enhance GDP contribution The federal government’s propensity to devalue the naira has been strongly criticized by finance experts and exporters, …

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NCAA Cautions Pilots, Operators Over Hazardous Weather

NCAA approves opening of Anambra Airport as Buhari unveils Enugu-Ebonyi roads

The Nigerian Civil Aviation Authority (NCAA) has approved the opening of Anambra International Cargo and Passenger Airport for commercial operations with effect from yesterday. A report monitored in the Anambra State Broadcasting Service (ASBS), yesterday, indicated that some category of …

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Customs seize N7.8bn smuggled charcoal, wood, tomato in Lagos

Customs seize N7.8bn smuggled charcoal, wood, tomato in Lagos

The Nigeria Customs Service, Lagos State, has confirmed the seizure of smuggled wood, charcoal, raw hides and skin, batteries, cloths, tomato paste, among others, in Lagos State. The Coordinator, Team A, Comptroller General of Customs Strike Force, Ahmadu Shuaibu, during …

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LASWA Trains 100 Youths To Convert Water Hyacinth Into Wealth

LASWA Trains 100 Youths To Convert Water Hyacinth Into Wealth

  100 Nigerian youths have been empowered by Lagos State government with top-notch training on how to create wealth by recycling water hyacinth. The General Manager, Lagos State Waterways Authority (LASWA), Mr Damilola Emmanuel, revealed this on Thursday, stating that …

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Q1 2022: Apapa Customs Collects N264bn, Records 65% Increase

Customs Collects N89bn In November At Apapa Command

The Apapa Area Command has collected a record breaking total of N89,097,888,609.00 as revenue for November 2021 which is the highest monthly collection by any command of the Nigeria Customs Service (NCS). This feat is coming after the command generated …

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Igbo traders reject hike in Customs import duty

Igbo traders reject hike in Customs import duty

The South-East Amalgamated Markets Traders Association, on Monday, rejected the recent increase in the import duty on cargoes charged by Nigeria Customs Service. SEAMATA is the umbrella union of traders in all the markets in the South-East geopolitical zone and …

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