NIMASA
8 Mar
The continued dollarisation of operations in the downstream segment of the nation’s petroleum industry is compounding existing hardship in Nigeria and adding extra N55.8 billion on the pump prices of Premium Motor Spirit (PMS), diesel and aviation fuel monthly.
6 Mar
Nigeria has failed to implement the International Maritime Organisation (IMO) decarbonisation plans in the maritime sector resulting in over N100 billion lost yearly to the high cost of diesel to power the ports.
6 Mar
The President of the Nigerian Licensed Ship Chandlers Association, Dr Martins Enebeli, has said the country loses $15 billion on ship chandling and allied services yearly due to harsh operating environment, inadequate access to capital
4 Mar
The Federal Government has signed an agreement with Offshore Pollution Control (XPO) Marine Services Limited to collect waste generated from ships operated by international oil companies (IOCs) and others in compliance with global best practices.
3 Mar
When Nigeria passed the Inland and Coastal Shipping (Cabotage) Act into law in 2003, a provision was made for the establishment of a Cabotage Vessel Financing Fund (CVFF) to support indigenous businesses and Nigerian citizens
1 Mar
The House of Representatives has summoned the Chief Executive Officers of Nigerian National Petroleum Company (NNPC) Ltd, Nigerian Port Authority (NPA) over the management of Public Private Partnerships, PPPs and Concessions since 1999.
28 Feb
There are rising concerns that the disruptions in key global shipping routes following the crisis in the Red Sea, Suez Canal, Panama Canal and Black Sea, may signal unprecedented piracy challenges for global trade in the Gulf of Guinea (GoG).
28 Feb
There are calls for the review and amendment of the obsolete maritime agencies’ laws and regulations promoting foreign illegalities and hindering the sector’s alignment with the newly established Ministry of Marine and Blue Economy.
28 Feb
Nigeria has secured the International Transport Workers’ Federation (ITF) United Kingdom (UK) grant to build a seafarers recreation centre that will serve as a rallying point for in-country and regional seafarers as well as those on board vessels during port calls.
21 Feb
Two months after the announcement of the technical completion of Port Harcourt Refinery, the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has asked the Federal Government to declare a state of emergency on the nation’s refineries.
12 Feb
Nigeria lost out on the $50.3 billion global shipyard market contribution to economies last year, following the inability of the federal government to revive the moribund ship repair yards.
Latest
8 mins ago
Minister of Agriculture and Food Security, Abubakar Kyari, yesterday, urged researchers and institutes in the agricultural sector to align their research with President Bola Tinubu’s Renewed Hope Agenda on food security to have enough food to feed Nigerians.
13 mins ago
Nigeria may face worse power outages given rising attacks on transmission infrastructure, a development the Transmission Company of Nigeria (TCN) blamed for grid collapse.
15 mins ago
Nigeria Copyright Commission (NCC) has dedicated this year’s edition of World Book and Copyright Day to Nobel Laureate, Prof Wole Soyinka, for his dedication to the promotion of reading culture and the protection of copyright.
16 mins ago
Report released yesterday by an international child rights group, Save the Children, indicated that about 15.6 million children in Nigeria faced hunger as the lean season starts in June.
28 mins ago
Government at all levels have been enjoined to activate policies aimed at encouraging learning among children.
41 mins ago
Justice Emeka Nwite of the Federal High Court sitting in Abuja has ordered that the charges on alleged N80.2 billion fraud filed by the Economic and Financial Crimes Commission (EFCC) against former Governor of Kogi State, Yahaya Bello, be served through his lawyer, Abdulwahab Mohammed.
46 mins ago
Residents of Taraba, Gombe and Adamawa states are facing severe hardship as a result of widespread power outage, which has crippled businesses and exacerbated economic challenges in the region.
47 mins ago
President of the Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has lamented the danger of substandard medicines, warning that they pose a significant threat to public health.
55 mins ago
Nigeria Development and Finance Forum (NDFF) 2024 Conference is set to strengthen the momentum for Nigeria’s economic growth and catalyse development in the country’s blue and green economies, the organisers have said.