Stakeholders in the shipping industry said the $25 million maximum peg for the Cabotage Vessel Financing Fund (CVFF) loan to qualified indigenous shipowners cannot purchase a standard ship. Findings revealed that purchasing a standard and state-of-the-art cargo vessel costs not less than $50 million to $100 million in the international market. The Director General of […]
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh, has restated the Agency’s commitment to issuing appropriate certification to qualified men of the Nigerian Navy who undergo requisite trainings at the Nigerian Naval Training Command (NAVTRAC). Jamoh who stated this when a delegation from NAVTRAC led by the Flag […]
Stakeholders have raised concern over continuous unsafe practices in the operations of barges on the country’s waterways and what they described as the nonchalant attitude of operators and their crewmembers. They noted that some of the operators flout regulatory rules and guidelines of barge operations, thereby exposing the barge and containers to the risk of […]
Admiralty Lawyers Society of Nigeria (ALSN) has called on the Federal Government to immediately fashion out a blueprint for the development and diversification of the maritime sector. ALSN also called for a state of emergency on revamping of eastern ports. The President of the society, Angus Obinna Chukwuka, lamented that lip service is not enough […]
Four years after the former Governor of Kaduna State, Nasir El-Rufai, flagged off the rail movement of cargoes to/from the Kaduna Inland Dry Port, construction of the rail lines has been abandoned. The Federal Government commenced construction of rail to facilitate cargo delivery to and from the Kaduna Inland Dry Port in July 2019. Unfortunately, […]
The Nigerian Ports Authority (NPA) has ordered terminal operators and shipping companies to stop collecting charges on export cargoes arriving at various terminals for loading except where there are specific requests by the Nigeria Customs Service (NCS) or other government agencies. The authority said the request should follow appropriate and verifiable documentation provided by the […]
With the continued diversion of Nigerian-bound cargoes to neighbouring countries, the Federal Government is set on replicating the Ports Community System (PCS) in operation in Benin Republic, Ghana and other neighbouring countries. Following this, the Minister of Transportation, Muazu Sambo, directed the Nigerian Shippers Council to establish a port community system in the country, while […]
The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has moved against the alleged plans by Maritime Workers Union of Nigeria (MWUN) to shutdown ports operation across the nation, saying this will lead to huge economic and financial losses and inflation in the country. This is even as the freight-forwarding group urged […]
Federal Government has expressed commitment to regional maritime development, which is premised on cooperation of African countries in the Gulf of Guinea (GoG) to ensure optimisation of regional maritime potential. This is just as the Nigerian Maritime Administration and Safety Agency (NIMASA) has provided technical support to Instituto Marito e Portuaruo (IMAP) in São Tomé […]
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, said it has busted and arrested a two-man syndicate that forges customs clearing documents used to smuggle goods into the country. The Acting Controller of the unit, Hussein Ejibunu, while disclosing this to journalists, yesterday, in Lagos, said the arrest of one suspect, named […]
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