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Wednesday, February 8, 2023

Christina O: 7 Things You Should Know About The Yacht Otedola Hired

As billionaire Femi Otedola celebrates his 60th birthday, he has been joined by his family and loved ones to tour the Mediterranean sea in...

Sanwo-Olu Secures Approval To Construct $2.5bn Badagry Seaport

Governor Babajide Sanwo-Olu of Lagos has secured approval from the Federal Government (FG) to construct the Badagry Deep Seaport, which was approved by the...

Nigeria Port Authorities Remits N490bn Into FG Coffers

Between 2011 and 2022, the Nigerian Ports Authority deposited N490.229 billion into the Federal Government's Consolidated Revenue Fund. NPA's Managing Director, Mohammed Bello-Koko, told media...

Maritime Sector Promotes 70% Of Global Trading – FG

According to the Federal Government, the marine industry transports approximately 70% of all internationally traded products. It also said that the industry was a...

Nigeria Moving Towards Achieving Greener Shipping – FG

In keeping with the International Maritime Organization's (IMO) goal to promote sustainable growth in the maritime industry, the Federal Government of Nigeria has stated...

Infrastructural Development, Proper Funding Are Needed For Waterways Boost

The National Inland Waterways Authority (NIWA) has identified infrastructural development and proper funding as ways of making the nation’s inland waterways attractive. The Managing Director...

Maritime Players Blame CBN’s Poor Policies For Cargo Shipment Challenges

Maritime industry players have blamed their cargo shipment challenges on the Central Bank of Nigeria (CBN's) poor policies. Tom Igho, a clearing and forwarding agent...

FG Threatens Terminals Failing To Collect Operating Fees

The Federal Government has expressed displeasure with terminal operators that fail to pay the Practitioner's Operating Fees, or POF. In a statement on Friday, the...

NBS Under Criticism For Grossly Reporting Maritime Sector

The National Bureau of Statistics (NBS) has been charged with drastically underreporting the Nigerian marine industry by Muda Yusuf, the chief executive officer of...

Rail Cargo Is More Environmentally Friendly – APMT

Steen Knudsen, the terminal manager for APMT in Apapa, Lagos in an interview said cargo evacuation via rail is not only economical but also...

NPA Will Provide Suppoty To Enable Lekki Seaport Launch – Bello-Koko

Mohammed Bello-Koko, the managing director of the Nigerian Ports Authority (NPA), has stated during a facility inspection that the NPA will offer all assistance...

Truckers Are Abandoning Their Jobs Due To Inflation – Group

Abdullahi Inuwa, a former Dry Cargo chairman of the Nigerian Association of Road Transport Owners (NARTO) said in an interview that, approximately half of...

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