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Thursday, September 24, 2020

Nigeria’s seaborne trade rose to N33.2 billion in 2018

As Nigeria looks forward to a more robust maritime sector performance this year, facts have emerged that the seaborne trade for the year 2018 stood at N33.2 billion ($92 million). The Nigeria’s Maritime Industry Forecast, released by the Nigerian Maritime Administration and Safety...

‘$10b investment awaits ports, rail transport in Nigeria, others’

The ports and rail transport services may be in for a rollicking time as new investments, in excess of $10 billion, are lurking in the wings for regional infrastructure development. The prospective capital in-flow, among others, is aimed at defining the future of transport infrastructure,...

FG unveils $186 billion maritime security project

*To acquire 12 speed boats, 3 helicopters, 20 amphibious vehicles Lagos — THE Federal Government yesterday disclosed a N186 billion maritime security strategy to combat sea piracy and other criminal activities on the nation’s coastal and territorial waters. Speaking at the one day conference on...

Nigerian Ports Authority to support completion of all deep sea ports projects

The Nigerian Ports Authority, NPA, will support the completion of all deep sea ports projects across the country, its managing director, Hadiza Bala Usman, has said. According to Usman, the support for the completion of the deep sea ports was necessary considering their importance to...

Amaechi seeks ports reforms for more private sector involvement

Minister of Transportation, Rotimi Amaechi, has called for total reforms of the Nigerian economy by reducing government’s overwhelming involvement in the ownership and daily operations of ports and harbours as well as other critical sectors of the economy.Amaechi, who spoke in Abuja, on the...

NIMASA Introduces new Cabotage compliance strategy, explores opportunities for Nigerians

In continuation of its quest to ensure full implementation of the Cabotage Act, 2003 for the benefits of Nigerians, the Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced New NIMASA Cabotage Compliance Strategy (NCCS) towards the actualization of a successful coastal and inland...

How Nigeria can use blue sea economy to promote industrialisation, drive economic recovery

Steve Agbota With a coastline of 852 kilometres bordering the Atlantic Ocean in the Gulf of Guinea and a maritime area of 46,000 km2, Nigeria has significant and diverse marine resources. Its various national economic activities derive from ocean resources, however it...

Senate raises alarm over 282 vessels missing from NPA’s custody in 6 years

The Senate has raised the alarm over the disappearance of over 282 vessels from the custody of the Nigerian Port Authority (NPA) within the last six years. Chairman, Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, raised the alarm at an investigative public...

Nigeria’s Vessels berth plunges to 4,025

as Calabar Port records least outward cargo The critical issues at Nigerian ports appear to be impacting negatively on the seaports’ activities as recent statistics indicate that the shipping traffic is nose-diving. Indeed, the shipping and ports related activities data released by the Nigerian Bureau of...

Concessionaires’ grow cargo handling capacity by 284% in 10yrs

….and about N200bn invest By Godfrey Bivbere Following the concessioning of port terminals by the Federal Government in 2006, the cargo handling capacity of the port has grown by 284.6 per cent. This is even as they have invested over N200 billion in...
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