DSS petitions Buhari over Customs’ $25,000 ship levy
The Department of State Security Service DSS, has petitioned President Muhammadu Buhari over the recent introduction of the $25, 000 Temporary Import Permit TIP levy on tanker vessels by the…
NAFDAC says seized rice not plastic, unfit for consumption
The National Agency for Food, Drug Administration and Control NAFDAC has contradicted an earlier report by the Nigeria Customs Service, which claimed that a certain rice consignment impounded in a…
Dakuku Peterside: Laying foundation for maritime growth, development nine months after
The current Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, Dr. Dakuku Peterside on assumption of office, promised he was going to reform and reposition the maritime…
NIMASA promotes eight Deputy Directors, 303 other members of staff
The Nigerian Maritime Administration and Safety Agency NIMASA, has approved the promotion of a total of 311 members of staff, out of which eight were promoted to full directors from…
Halt planned relocation of Brass LNG, Bayelsa women beg Buhari
Women and youths of Bayelsa State origin have pleaded with the state Governor, Mr. Seriake Dickson to prevail on President Muhammadu Buhari to stop the plans by the Federal Government…
Anxiety as inflation hits 18.48%, unemployment rises to 13.9%
The National Bureau of Statistics NBS last week released a report showing that inflation and unemployment rates have hit percent and percent respectively, an indication that rate of crimes may…
Recession: FG may review $118m investment in Lekki Deep Seaport
Strong indications emerged that the Federal Government may be planning a downward review of its 20 per cent equity holding in ongoing Lekki Deep Seaport project. The mega deep seaport…
NPA’s $19m trapped in Heritage Bank, vows to recover N259bn debt
Strong indications emerged that the new management of the Nigerian Ports Authority NPA may enter into a long battle with the board and management of. Heritage Bank plc over $19million…
Port concessionaires pledge support for FG’s export drive
Port concessionaires under the aegis of Seaport Terminal Operators Association of Nigeria (STOAN) have thrown their weight behind the Federal Government’s export drive and economic diversification programme. The new management…
41 items: Stakeholders back FG on forex restriction removal
The trading stakeholders have thrown their full weight behind the Federal Government over its current proposal to reverse the blanket restriction placed on 41 items of import including raw materials,…