PERISCOPE

By Babajide Okeowo “We’ll treat fairly, respectfully and with care, meeting all applicable legal and consultation requirements” those were the sugar-coated, subtle but damning verdicts that employees of GlaxoSmithKline Consumer Nigeria Plc were subjected to after they were unceremoniously dumped …

By Babajide Okeowo To export products from Lagos Ports costs about $786 in terms of documentary compliance compared to a sub-Saharan African average of about $633, the number of hours it takes to export from Nigeria is about 124 hours …

By Babajide Okeowo Inside the estimated N100 million touting extortion ‘industry’ along the Apapa, Tincan Ports Access Roads, truckers, and freight forwarders are crying out for help as security agencies in cahoots with street urchins put businesses in a chokehold. …

There is no gainsaying that these are tough times for Nigerians as the biting economic hardship is squeezing many households dry. The combined effects of the removal of fuel subsidy and the floating of the naira both policies announced by …

In recent times, Nigeria has been experiencing boat mishaps with fatalities running into hundreds and it has become imperative to nip these ugly incidents in the bud before the next one happens. In June 2023, no fewer than 110 Nigerians …

By Babajide Okeowo Tony Elumelu In recent times, there have been attempted takeovers of blue chip companies in the country triggering a rash of controversies, mudslinging, and cold battles between deep-pocket investors. In 2013, Access Bank Plc completed one of …

  “Hunger is looming! That was the alarming but candid submission of Dr Madu Obiora, the Director General of the African Centre for Supply Chain (ACSC) at a recent stakeholders’ engagement on the rising food insecurity in Nigeria, the causes, …

By Babajide Okeowo Collapsed quay aprons, poor and dilapidated port access roads as well as congestions, the challenges of decaying port infrastructure in Nigeria are too numerous to recount. Over the years, seaports in Nigeria including the Lagos Port Complex, …

By Babajide Okeowo The euphoria surrounding the appointment of Adewale Adeniyi as the Comptroller General of Customs is gradually dying down and the realization of the hard task ahead of him is gradually setting in. Prior to his announcement, the …

A few days ago, the Director General, National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye lamented that over 70 per cent of food exports from Nigeria are rejected abroad, with huge financial losses to exporters …

By Babajide Okeowo There is a saying that a House divided against itself cannot stand. This above phrase aptly describes the scenario playing out in the maritime sector. This was succinctly put by the Executive Secretary of the Nigerian Shippers’ …

By Babajide Okeowo Mrs Bukola Awe depends on the Unstructured Supplementary Service Data (USSD) platform for carrying out banking transactions. She transfers money from her account to her son’s account using *894#, the short service code of one of the …

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 …

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) …

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. …

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 …

  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 …

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 …

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, …

  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 …