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Monday, September 21, 2020

Nigeria accounts for 60% sea cargo in West, Central Africa – Peterside

he Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said the country accounts for about 60 per cent of sea-borne cargo in volume and value across the West and Central African subregions. Peterside, who spoke yesterday in Abuja at the...

NPA commissions 4 tugboats valued at $30 million

Lagos — The Nigerian Ports Authority, NPA yesterday commissioned four new 60 tonnes Bullard-pull tug boats acquired at a total rate of $30 million. The state of the art tug boats with fully computerized engines were christened; MT DAURA; MT UBIMA; MT UROMI and MT...

NRC to flag off 24-hour evacuation of containers from Apapa

By Abdullateef Aliyu, Lagos In a major move that would address the perennial congestion and gridlock in the Apapa Area of Lagos State, the Nigeria Railway Corporation (NRC) is to flag off 24-hour movement of containers from the nation's busiest port in Apapa Lagos...

Ship-owners demand Dakuku’s sack, as Amaechi vows to withhold CVFF

The Minister of Transportation, Rotimi Ameachi on Thursday announced that he will not disburse the Cabotage Vessel Financing Fund (CVFF), dashing the hopes and expectation of indigenous ship owners, who have been waiting for the disbursement of the fund for more than a decade. This...

Nigeria records 81 percent in gross tonnage, 41.2 % vessel calls

Lagos — THE Nigerian Government has recorded an increase of 81 percent in the number of Gross Registered Tonnage, (GRT) of the vessels that sailed into the ports between 2015 and 2016. Disclosing this in Lagos yesterday, Director-General of the Nigerian Maritime Administration and Safety...

Kwara to establish Export Processing Zone

Kwara State Government has expressed its determination to establish an export processing zone in the state to encourage exportation of goods from the state and the neighboring states to enhance its internal generated revenue and boost economic activities. The state governor, Dr Abdulfatah Ahmed who...

Nigeria accept electronic documents as WTO pact kicks off

The federal government has given its commitment to accept electronic documentation for exports as the World Trade Organisation, WTO, trade facilitation agreement comes into force. The WTO Director General, Roberto Azevêdo, who announced the coming into force of the agreement on February 22, said one...

Functional eastern ports integrate economic activities between Lagos seaports -IYC

*Urges govt to address insecurity on eastern waterways Mkpoikana Udoma Port Harcourt — The Ijaw Youth Council, IYC, has debunked the narrative that resuscitation of seaports in the eastern region will cripple the seaports in Lagos, describing this as wrong thoughts. IYC President, Mr. Eric Omare, said...

Seaport traffic declines by 20.6% on forex illiquidity

20 February 2017, Lagos – Following the inability of importers and exporters to get the needed foreign exchange (forex) to transact their businesses, coupled with insecurity in Nigeria’s coastal waters, activities at the nation’s seaports have dropped significantly. According to the ship traffic statistics drawn from...

NIMASA reiterates commitment to achieving 100% ISPS compliance

Lagos – The Nigerian Maritime Administration and Safety Agency, NIMASA, has reiterated its commitment to ensuring 100 percent compliance to the International Ship and Port facility Security, ISPS, Code is achieved in all port facilities across the country. NIMASA Director General, Dr. Dakuku Peterside, stated...
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