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Cabotage: NIMASA, Dangote Group Set Up Committee To Harmonise Refinery’s Operations

Following the coming on stream of the Dangote Refinery a few weeks ago, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Dangote Group have set up a joint committee to harmonise the operations of the refinery in line with the provisions of the Coastal and Inland Shipping Cabotage Act 2003. The initiative was […]

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BudgIT Identifies N3.42Trn Discrepancy In 2024 Appropriation Bill

BudgIT, one of the frontiline civic society organisations promoting transparency, accountability and effective service delivery in Nigeria, has raised some concerns over the proposed 2024 Appropriation Bill now before  the National Assembly. In a statement issued by the organization on its observations in the fiscal document, it lamented that the President Bola Tinubu’s administration had […]

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We’re Revving Up Reforms’ Drive To Boost Telecoms Sector – NCC

The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the nation’s communications sector and further boost its contributions to the Gross Domestic Product (GDP). The Executive Commissioner, Stakeholder Management at the NCC, Adeleke Adewolu, made this remark while addressing stakeholders at the combined […]

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FG To Streamline Taxes From 52 To 10, Rename FIRS

The Federal Government at the weekend unveiled plans to reduce the number of federally collectable taxes from 52 to 10 and also change the Federal Inland Revenue Service (FIRS) to Nigeria Revenue Service (NRS) as part of  its renewed moves to harmonise tax collection activities and improve the efficiency of the fiscal system. President Tinubu’s […]

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NIMASA Seeks Nigerians In Diaspora’s Investment In Maritime Sector

Recognising the enormous foreign currencies that could be mobilized by Nigerians in diaspora for  maritime sector growth, the Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed to them to consider investing in the country’s maritime sector in view of the great potential for return on their investments in the sector. The agency’s Director General, […]

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Efficient Judicial System Key To Maritime Sector’s Devt – Jamoh

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to taking deliberate steps to work with critical institutions and professional bodies to improve the contributions of the maritime industry’s sector to  Nigeria’s development. The Director-General of the agency, Dr. Bashir Jamoh, gave this assurance when a branch of the Nigerian Bar Association […]

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NIMASA Retains Stevedoring Rates

The Nigerian Maritime Administration and Safety Agency (NIMASA) has retained the revised Offshore Cargo Handling and Operations Stevedoring rates contained in the Second Schedule of the NIMASA Stevedoring Regulations 2014. The renewal of the rates, which had been reviewed downward for a period of six months, is part of the agency’s sustained efforts to mitigate […]

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FG Approves Zero Import Duty For Vessels

The Federal Government has approved zero import duty for interested investors on acquisition of vessels. Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, made this disclosure Tuesday at the maiden edition of the Nigeria International Maritime Summit (NIMS) in Lagos. According to a news report by the News Agency of Nigeria […]

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NPA Begins New Licensing Regime For Barge Operations

The Nigerian Ports Authority (NPA) has announced plans to commence a new licensing regime for the operation of barges across the nation’s seaports through a regulatory framework. The guidelines, which are under a new Standard Operating Procedure (SOP), must be complied with by all operators with effect from September 1, 2021. A statement issued by […]

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Reps Probe Transport Ministry, NIMASA Over Alleged $195Mn Contract Scam

The House of Representatives on Thursday directed its Committees on Marine and Institutions and Public Procurement to commence immediately a probe into the $195 million security contract allegedly awarded to an Israeli outfit to provide security and surveillance on Nigeria’s waterways. The probe of the contract awarded by the Ministry of Transportation was based on […]