Nigeria earns N43.2b from solid minerals as government, others share N9.9b
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday in Abuja said Nigeria’s solid minerals sector contributed a total of N43.22billion to government revenue in 2016.
Amiwero: Our ports are becoming very unfriendly for business
We don’t have congestion in Nigerian ports, what we have is backlog of cargoes. Congestion is different from this. If a port is congested, it means that there is a lot of ship turn-around, that is, ships are coming in, but cannot move out.
Nigeria gets fresh prospects in ECOWAS, international trade
The upcoming handover of a $4.5 billion Seme border facility to Nigeria and the Republic of Benin has increased hopes of smoother trade across West Africa and with third party countries.The European Union (EU) and Economic Community of West African States ...
Inherent risks of faulty cargo scanners at seaports, borders
It came as a shock. Many could not believe it; even the reporters find it difficult to believe until it finally dawned on all that the Nigerian Customs Service (NCS), actually intercepted 661 pump-action rifles outside the port in Lagos.
Maritime stakeholders task government on import, export reforms
The Federal Government has been urged to immediately step up its reforms strategy on import and export processes to help reverse the current poor ranking by Trading Across Borders (TAB).
Clearing agents threaten to sue NPA over alleged imposition of CRFFN
Clearing agents under the aegis of National Council of Managing Directors of Customs Licensed Customs Agents (NCMDLCA), have threatened to sue the Nigerian Ports Authority...
Clearing agents threaten to sue NPA over fresh condition for port pass
Clearing agents under the aegis of National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) have threatened to sue the Nigerian Ports Authority (NPA) over alleged imposition of Council of Regulation of Freight Forwarders (CRFFN) requirements as condition for issuance of port pass.
Government urged to use port development levy to maintain access roads
The dilapidated nature of the ports access roads may continue to hinder Ease of Doing Business at the seaports, unless the Federal Government take a decisive step for proper maintenance of the all-important roads. Specifically, the National Council of Managing Directors of Customs Licensed Customs Agents (NCMDLCA) has called on government to utilise part of…
Arms smuggling may scare investors, experts warn
Sequel to the seizure of about 2,671 pieces of smuggled firearms within eight months, security experts have called for permanent deployment of security agencies to hot spots into Nigeria, in order to restore confidence in prospective foreign investors that have been scared by the recent development.
Why arms smuggling persists at Nigerian ports, by experts
Concerned maritime experts have expressed the possibilities of having more arms being smuggled into Nigeria, if the proper checks and inspection mechanisms are not put in place at the seaports.