The Minister of Aviation, Senator Hadi Sirika, yesterday put the debts of Nigerian airlines over the last 10 years to aviation agencies at about N22.2 billion. Sirika also said the federal government would soon start the disbursement of the N5 billion bailout it approved for the operators of the aviation sector. The House of Representatives, […]
The Seaport Terminal Operators Association of Nigeria (STOAN), has condemned the looting and burning of the headquarters building of the Nigerian Ports Authority (NPA). The Chairman, STOAN, Princess Vicky Haastrup, also conveyed the sympathy of all members to the Board, Management and Staff of the Authority over the incident. The NPA building, located on Marina […]
A former member of the House of Representatives, Hon. Ibrahim Baba, has called on President Muhammadu Buhari to shift all port operations from Lagos to Port Harcourt to save the country's economy. Baba, who represented Katahum federal constituency in Bauchi State in the fourth assembly, said not doing so would allow what he termed 'evil […]
The Executive Secretary/CEO of the Nigerian Shippers Council (NSC), Hassan Bello has said that the Kano Inland Dry Port (IDP) will be a transit port that would connect landlocked countries of Niger Republic, Chad, Northern Cameroon and other Sahel African countries. He disclosed this in Lagos during a courtesy call on the NSC by the […]
The Lekki Port LFTZ Enterprise Limited (Lekki Port), developers of the Lekki Deep Sea Port currently under construction at the Lagos Free Zone, Ibeju Lekki, has commenced the construction of the 680m long quay wall with the driving of the first pile. Speaking at the flag-off ceremony held at the project site, the Chief Executive […]
The governments of South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive to enhance trade and security in the Nigerian maritime domain. The new Consul-General of the Korean Embassy, His Excellency, Kang Haenggu, and Ambassador Designate of Belgium, His Excellency, Daniel Bertrand, made the […]
The Nigerian Ports Authority (NPA) has announced that it generated total revenue of N1.02 trillion in three years under the tenure of its current Managing Director, Ms. Hadiza Bala-Usman. The authority made this know via a tweet it posted on its official Twitter handle. Analysis of the results showed that in 2016, the authority's revenue […]
The Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State, said it generated over N13.11 billion for the month of September. Meanwhile, the Seaport Terminal Operators Association of Nigeria (STOAN), has bemoaned the slow pace of work on the Marine Beach Bridge, Apapa, and the TinCan Island Port access road. The Command’s Public […]
Poised to stimulate investment and boost activities amid the downturn induced by COVID-19, the Federal Ministry of Transportation is seeking a package of tax incentives for the in the maritime sector. The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, told the Minister of Finance, Zainab Ahmed, in Abuja, that the move will further […]
Ship owners and maritime experts have backed the Federal Government's ultimatum to International Oil Companies (IOCs), to ban unregistered vessels in Nigerian waters within the next three months. The Nigerian Maritime Administration and Safety Agency (NIMASA) just announced a three-month ultimatum to IOCs engaged in cabotage trade to register all vessels used in coastal and […]