The Maritime Organisation of West and Central Africa (MOWCA) has commenced bilateral talks with the African Continental Free Trade Area (AfCFTA) secretariat to strengthen intra-African trade through maritime and other transportation modes. This was part of the outcome of a meeting between the Secretary General of MOWCA, Dr. Paul Adalikwu and the Secretary General of […]
The Apapa Command of the Nigeria Customs Service (NCS), has said it facilitated non-oil export goods worth N28.2 billion with a total tonnage of 6.4 million metric tonnes through Apapa port in 2022. The command said it also generated N1 trillion revenue, which is 16.07 per cent higher than the N870 billion collected in 2021. […]
The Managing Director of Inland Containers Nigeria Limited (ICNL), Ismail Yusuf, has said the company lost about N18 billion in 2022 due to non-functional rail system for cargo movement. He lamented that cargo movement in the country are done through roads that are not in good condition, as trucks get stuck for about three days, […]
The management of Lekki Deep Sea Port has disclosed that construction work was at 95.65 per cent completion at the end of July. According to information released on the company’s official social media page, the project is on course for completion as scheduled. According to the release, the Lekki port management, board of directors, shareholders, […]
Chairman of the Association of Nigeria Licensed Customs Agents (ANLCA), Onne Seaport Chapter, Mike Ebeatu, has refuted reports alleging that officials of the Nigeria Customs Service (NCS) in Onne port, Rivers State, extort money from licensed agents to exit consignments. Ebeatu, who disclosed this in a statement, while reacting to some online reports, said members […]
The Managing Director of the National Inland Waterways Authority (NIWA), Dr. George Moghalu, has announced that the authority is working on the modality of making it compulsory for all barge operators to secure insurance cover for both barges and cargoes they carry. Moghalu disclosed this in a media parley in Lagos. He said the agency […]
Policy inconsistency, duplication of regulatory functions, infrastructure deficit, insecurity, inadequate human capacity and low investment are among critical factors highlighted as obstacles affecting growth of inland water transportation and associated businesses in the country. Other issues identified are substandard barges and boats, inadequate equipment at jetties, high cost of operations, currency devaluation and under-exploitation of […]
In apparent retaliation for brazen strikes by Ukraine in recent days deep in Russian-held Crimea, the port city of Odesa was struck by a barrage of rockets overnight. The attacks raised fresh concerns over the security of the grain shipment program and the vessels operating into the Port of Odesa, but officials sought to reassure […]
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