15 Apr 2015
THE president of the Nigerian Belgian Chamber of Commerce (NBCC), Tunde Okoya has called for the diversification of the nation’s economy due to the drop in oil price. Speaking during a break fast meeting, Okoya said this is a wonderful opportunity to diversify the National economy into the Agriculture, Maritime and Financial Services sector for the West African region and Africa at large.
15 Apr 2015
THE incoming administration’s policy thrust in the maritime sector will determine to a large extent Nigeria’s economic outlook in the next four years. General Mohammadu Buhari of the All Progressive Congress (APC) was elected in the March 28th 2015 Presidential election to pilot the affairs of the nation from May 29, 2015.
14 Apr 2015
MAERSK Line, Wan Hai Lines and CMA CGM remain the world’s top performing container shipping lines as demonstrated by the 2014 financial results for 17 of the leading carriers, which show 10 achieved positive operating results, while seven posted losses.
8 Apr 2015
The anticipated growth in participation of indigenous firms in the Nigerian oil and gas industry may have begun to manifest as indications emerged that about $12 billion worth of projects were implemented by the companies last year.
1 Apr 2015
THE Nigeria Shippers’ Council (NSC) has announced plans to strengthen foreign exchange conditions for commercial banks and their customers in the maritime sector. Under the arrangement, unveiled by the Central Bank of Nigeria (CBN) in collaboration with NSC, all transactions associated with import and export and sourcing of foreign exchange must secure the approval of NSC.
1 Apr 2015
SOME maritime issues presently facing shipping industry globally include regulatory burdens concerning the environment, maritime security and the supply and demand imbalance with new building orders reaching “worrying” levels, global shipping association BIMCO has said.
1 Apr 2015
THE Lekki Deep Seaport project will transform Nigeria’s economy into global recognition, the Managing Director of Nigerian Ports Authority (NPA), Habib Abdullahi has said ‘Lekki deep seaport will transform Nigeria’s economy.
27 Mar 2015
THE national headquarter of Nigeria Customs Service (NCS), has announced the promotion of 2065 senior officers who participated in the 2014 promotion exercise.
26 Mar 2015
THE Managing Director of Nigerian Ports Authority (NPA), Habib Abdullahi has called for the urgent convocation of a national conference on the delineation of functions amongst agencies of government, responsible for maritime safety and security. According to Abdullahi, the conference, which he said was long overdue, should be tripartite in nature with the active participation of the Marine Police, the Nigerian Navy and the Nigerian Maritime Administration & Safety Agency (NIMASA).
25 Mar 2015
According to the cabotage law, foreign vessels are not allowed to partake in any domestic coastal trade as obtainable in other developed countries of the world, while it will at the same time promote the development of indigenous tonnage and to establish a Cabotage Vessel Financing Fund (CVFF) and for related matters.
22 Mar 2015
TERMINAL operators have listed the incessant removal of management of government agencies in the nation’s maritime industry as one of the constraints they have been facing since they took over the port in 2006, saying such removals have been based on political patronage rather than professionalism. They said the attitude of the government was affecting policy implementation, as it does not encourage continuity and international best practice.
18 Mar 2015
AS part of its Corporate Social Responsibility, the Nigerian Ports Authority (NPA) in collaboration with the Abidjan-Lagos Corridor Organization (ALCO) have commenced a sensitization campaign for stakeholders in the Nigerian transport and maritime sector on how to prevent HIV/ AIDS. Tagged: “Getting To Zero” was flagged-off at the Tin Can Island Port with truck drivers, terminal operators, among others in attendance. During the event, free HIV check was conducted and free condoms distributed.