By Babajide Okeowo “War risk premium is the biggest fraud in the world”. This is the assertive declaration made by no other than a former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Barr. Temisan Omatseye. According …
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By Kingsley Anaroke The N180million said to have been approved by the Minister of Transportation, Muazu Sambo to fight corruption at the nation’s seaports may have amplified a raging crisis of confidence in the Port Standing Task Team (PSTT) …
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Sunny Edemenang – Uyo Much have been said about the transformation taking place in the nation’s premier maritime training institution, the Maritime Academy of Nigeria, MAN, Oron, and the Rector, Commodore Duje E. Effedua (Rtd), who personifies the change process. …
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It’s been almost a fortnight, that the Nigerian Maritime Administration and Safety Agency NIMASA sent 235 young Nigerians to Greece and India as batch B of the 435 cadets slated for training under the Nigerian Seafarers Development Programme(NSDP) to Greece …
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During the Nigerian Maritime Administration and Safety Agency {NIMASA) sendoff ceremony of the Batch B, 3rd phase of the Nigerian Seafarers Development Programme on Friday November 10th , the Minister of Transportation, Mu’azu Sambo Jaji stated that he is …
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After five decades of being in the saddle as the regulator of standards of products and services in Nigeria, the Standards Organization of Nigeria(SON) says it has done well. But do stakeholders share the same perception? Against all odds, SON …
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By Genevieve Aningo Recently, authorities of Equatorial Guinea intercepted a vessel, MT Heroic Idun in their waters at the behest of Nigerian surveillance team on account of illegal activities perpetrated within Nigeria’s exclusive economic zone. Not willing to let go, …
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The Central Bank of Nigeria (CBN), in its economic wisdom has unveiled the new redesigned Naira notes of 200, 500 and 1,000 denominations. The unveiling of the new notes by President Mohammadu Buhari on November 23rd at the Federal …
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By Genevieve Aningo The Director General, Standards Organisation of Nigeria(SON), Mallam Farouk A. Salim recently revealed that the agency has received provisional approval of the Federal Government to return to the seaports and participate in cargo examination. This was 11 …
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By Genevieve Aningo The mining sector in Nigeria remains under explored despite its potential to accrue Nigeria buoyant economic gains. . It’s a fact that Nigeria is home to most natural mineral resources such as gypsum , iron ore, zinc, …
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Nigeria, Africa’s largest economy, is lagging behind its peers on the continent as it struggles to ramp up exports. Its total exports as a percentage of Gross Domestic Product in 2021 was 26 percent, the highest since 2011 when it …
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In a world said to be dominated by men,it becomes almost an impossibility for women , particularly in African clime to be seen and be hard. Marginalization of women in economic development, in social and political spaces is a worldwide …
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By Frank Odinukaeze Taking up the job to create order in disorder is a herculean task that is sometimes even beyond the gods, moreso when Nigeria and Nigerians are concerned. What may be impossible for the gods are very possible …
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By Genevieve Aningo There is a trend to adopt green technological innovations across sectors to safeguard the environment; since human activities have deteriorated it; causing climate change, greenhouse emission which at the long run are insalubrious. Though Nigeria may be …
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By Frank Odinukaeze When on 29th September at the World Maritime Day( WMD) celebration media parley with the Minister of Transportation, Engr. Mu’azu Jaji Sambo, he revealed that the Federal Government was desirous of ‘resurrecting’ once again the National Transport Policy(NTP),which before …
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The announcement last week by Governor Hope Uzodinmma of IMO State that the Federal Government had approved the dredging of Orashi River to the Atlantic Ocean, generated concerns and debate, compelling him however to make a volte-face on his earlier …
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By Malachy Onummadu Amidst the dwindling economy and the proliferation of substandard products in Nigeria, the Importers Association of Nigeria(IMAN), has accused the Standards Organization of Nigeria(SON) of aiding the importation of substandard products as well as encouraging economic sabotage. …
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Meeting insurance obligation is a critical challenge to Nigerian commercial airlines due to the cost of premium, which is defined by country risk and other factors, including operational environment, airport facilities, government policies and country’s safety record. In Nigeria, insurance …
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By Malachi Onummadu and Anthony David The recent view of the Comptroller General of the Nigeria Customs Service(NCS) that the agency will do everything possible to meet up with the projected revenue targets for the year 2022 at N2.272 trillion …
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By Frank Odinukaeze Nigeria was the 34th nation to sign the African Continental Free Trade Agreement (AFCFTA ) and by implication the last . Now, ten African nations including : Ghana, Egypt, Kenya,Rwanda and Cameroun, have all completed the mandatory …
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