The Minister of Transportation, Mr. Rotimi Amaechi, has disclosed that the Federal Government is targeting about N300 billion from the maritime sector if ongoing infrastructure interventions in the sector are completed. Listing some of the projects as including the Deep Sea Project, Amaechi said that government’s current intervention in the sector would in addition to […]
Minister of Transportation, Mr. Rotimi Amaechi, on Thursday disclosed that the Federal Government had approved for the execution of Ibadan-Kano standard gauge rail project the sum of $5.3 billion. The disclosure was contained in a statement issued by minister’s Special Assistant Media, Israel Ibeleme, shortly after the 3rd Maritime Stakeholders Interactive Forum held in Lagos. […]
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, at the weekend described the Appeal Court judgement in the case between the agency and the Nigerian Liquefied Natural Gas (NLNG) Limited over levies payable to the maritime regulator as desirable to the nation’s justice system. The Court of Appeal […]
The National Council of Managing Directors of Licenced Customs Agents (NCMDLCA) has appealed to the Federal Government to take urgent steps towards stopping additional shipping charges being levied by shipping companies on imported cargoes in the country. The group stated that by the imposition of the charges called “the government and port taxes”, the shipping […]
Licensed freight forwarders have decried what they described as the proliferation of Customs units at the Lagos ports, alleging that the units are being used to extort them and make the cargo clearance procedures more cumbersome. In addition, the concerned agents also alleged that the multiple Customs units aside complicating the clearing process, but have […]
The Senate Committee on Works has expressed serious concern over the slow pace of the ongoing shoreline protection of the Apapa trailer park project in Lagos. The Chairman of the committee, Sen. Kabiru Gaya, who led members on an inspection tour of the facility’s project on Sunday expressed dismay over the current state of the […]
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has harped on the importance of the Gulf of Guinea to food security in West and Central African sub-region and charged the various governments to prevent illegal activities that may hamper food supply in the sub-region. Peterside gave this charged […]
The Executive Secretary, Nigerian Shippers Council (NSC), Hassan Bello, at the weekend disclosed that Nigeria lost about $25 billion as opportunity loss to foreign ship owners between 2015 and 2017 due to absence of a national fleet. Bello, who made the disclosure when the Nigerian Fleet Implementation Committee paid a courtesy visit to the Minister of […]
Licensed customs clearing agents in the country have said that the increase in transport cost in Nigerian ports that started two years as primarily responsible for the diversion of cargo from the nation’s ports to neighbouring West African ports. They noted that the situation had been worsened by delay being suffered due to gridlock on […]
The Nigerian Shippers’ Council (NSC) on Tuesday announced the suspension of the $400 surcharge earlier imposed by some shipping companies on cargoes berthing at Apapa and Tin-Can Island Ports. The Executive Secretary of the Council, Mr Hassan Bello, said that the decision to suspend the penalty was taken after a closed door meeting with stakeholders […]