ON THE SPOT MANAGER

The absence of uniform costs for clearing the same goods at various ports is another issue in Nigeria Customs Service (NCS) process yet to be resolved. NCS has come under serious criticisms especially on vehicle imports as experts argue that …

Last week, the Minister of State for Transportation, Senator Gbemi Saraki blamed the Nigeria Customs Service (NCS) for constituting itself into a hindrance against trade and only after generating revenue. Saraki said this at the 2020 Ministerial Retreat of the …

Maritime stakeholders have been unsettled over the years with the unwarranted high war risk surcharge on Nigeria-bound cargo by the shipping lines, engaging and protesting against the classification of the nation’s territorial waters as War Risk Zone at several regional …

Dubai in the United Arab Emirates is creating its rain using drones that fly into clouds and unleash electrical charges. The charges give clouds electrics to ‘cajole them’ into clumping together and producing rain. The precipitation is achieved via an …

“So long as you have food in your mouth, you have solved all questions for the time being”- Franz Kafka With the continuous rise in food prices, Nigerians are in doubt if they will be able to afford a daily …

Oxford online dictionary defines vandalism as an action involving deliberate destruction of or damage to public or private property. Over the years, Nigeria has recorded various degrees of vandalism across major sectors, the wilful destruction of electricity transformers and cables, …

A new debate bothering on economic growth and national security risks has been birthed as Nigeria recently announced the designation of four international airports as Special Economic Zones (SEZ). The four airports comprised the Murtala Muhammad International Airport, Lagos, the …

The seasonal climate prediction by the Nigerian Meteorological Agency (Nimet) for 2021 is a reminder for governments and other stakeholders at all levels to make adequate preparations to avert another disaster that could worsen our woes as a nation. The …

Selecting a trustworthy forex broker can be pretty overwhelming, especially if you are only making your first steps in trading and the financial markets. This article considers the key characteristics any trustworthy broker should possess. Read on to find out …

Last week, the Federal Government, through the Central Bank of Nigeria (CBN) approved a higher exchange rate band from N381 to N404.97 for calculation and payment of import duty. The situation, according to stakeholders, would trigger higher cost of goods …

Green Africa Airways, a new entrant in the Nigerian aviation sector is set to launch commercial operations in efforts to spur regional economic development with low cost air fare. Its flight operations are scheduled to kick off on June 24, …

Two weeks ago, Nigeria’s Minister of Transportation, Hon. Rotimi Amaechi led journalists for an inspection of railways being developed by Chinese contractors and one of the observations at all rail stations was the translation of the welcome notes in English …

The menace of motorcycle operators popular known as “Okada” riders in Lagos is too numerous to quantify, but Nigeria’s commercial city has become characterized by gridlocks and Okada is perhaps the most viable alternative to keep up with crucial appointments. …

Eid-il-Fitri celebration, a day of joy which marks the end of Ramadan for Muslims across the world turned bloody in Iseyin, Oyo State; leaving the community with a black Eid-il-Fitri after officers of the Nigeria Customs Service (NCS) killed some …

According to a recent UNCTAD policy brief on the surge in freight rates across the globe, South American and West African trade routes remain the most affected due to a number of reasons. Examining why the surge happened during the …

The preponderance of illegal arms milling around the country at the alarming proportion being witnessed is frightening. Nigerians should be worried that such arms are fuelling the daring spate of well-coordinated attacks on police and military commands, which is a …

“Drugs are the enemies of ambition and hope, and when we fight against drugs we are fighting for the future.” – Bob Riley The prevalence of drug abuse and trafficking is one of the most dangerous activities in the world …

Amid plans to deploy the world’s first commercial cargo transport vessel powered by hydrogen have been announced by the Flagships European innovation project, experts have described it as a more sustainable technology in inland waterway transport. The vessel, owned by …

The aim of every port user is to transact business with ease as well as maximize profits while rendering service. However, the cost of doing business at the Nigerian seaport is relatively high compared to ports in other countries within …

For the oil sector, digitization and risk management processes are top areas of focus in today’s world. Digitization is the process of converting information into a digital (i.e. computer-readable) format. The result is the representation of an object, image, sound, …