MARITIME

The Nigerian Ports Authority (NPA) said 23 ships at the Lagos ports were discharging bulk wheat, general cargo, frozen fish, container, bulk fertilizer, bulk sugar, bulk soya and bulk salt. Others listed include base oil, petrol and butane gas. The NPA said it was expecting 10 others laden with petroleum products, food items and other goods from July 12 to ...

The Seaport Terminal Operators Association of Nigeria has said private terminal operators at the seaports invested N538bn in port development from 2006 after the concession of the ports to December 2017. The spokesperson for STOAN, Dr Bolaji Akinola, said this in a statement while reacting to other issues he said were responsible for the Apapa gridlock. He said, “The major ...

The Nigerian Navy said it has intercepted about 128,612 barrels of crude oil valued at about N2,598,219,624 and 15,317,150 litres of AGO valued at over N3 Million between January and May this year. Also seized from the oil thieves within the time under review was 5,150 litres of Premium Motor Spirit (PMS) valued at about N1 Million and 3,193,251 litres ...

The Minister of Transportation, Rotimi Amaechi, said on Monday that President Muhammadu Buhari would inaugurate the Maritime Security Project in Lagos in June. Amaechi made the disclosure when he received the Belgium Ambassador to Nigeria who paid him a courtesy visit in his office in Abuja. He said that insecurity in the maritime sector which was now more complex than ...

Some civil society organisations have supported calls by a cross section of members in the House of Representatives for the Economic and Financial Crimes Commission to probe the Nigerian Ports Authority under the leadership of its suspended Managing Director, Hadiza Bala-Usman. Last week, the President, Muhammadu Buhari was said to have insisted in probing the alleged non-remittance of N165.32bn operating ...

Shipowners Association of Nigeria (SOAN) has said that $100 million is lost to capital flight as the Nigerian National Petroleum Corporation (NNPC) recently contracted coastal and bunkering vessel services to a foreign shipping company, Messrs UNIBROS. In a petition to the National Assembly and the Group Managing Director of NNPC, Mele Kyari, the group said UNIBROS operates under the guise ...

The National Publicity Secretary of the PDP, Kola Ologbondiyan, has accused the APC-led regime of enabling unbridled corruption in virtually all sectors of the Nigerian economy. “From the missing US $1billion meant for equipping our military, to the contract scam in the NDDC, it is now an established fact that corruption has become the official policy of this regime. “The ...

……Says N165M unremitted to federal accounts ……. The Minister of Transportations, Rotimi Amaechi has said that the Nigerian Ports Authority (NPA) has a gross shortfall of N165,320,962,697 from 2016 to 2020 operating surplus remitted to the Consolidated Revenue Fund account (CRF). The Minister stated this in a press a statement made available 24hours after the Managing Director of the Nigerian ...

PRESIDENT Muhammadu Buhari has approved the recommendation of the Ministry of Transportation under Rt. Hon. Rotimi Amaechi for the setting up of an Administrative Panel of Inquiry to investigate the Management of the Nigerian Ports Authority, NPA. The President has also approved that the Managing Director, Hadiza Bala Usman step aside while the investigation is carried out. Mr Mohammed Koko ...

…….by Abisoye Shola……… The ownership of Nigerian Liquefied Natural Gas, (NLNG), Ship Management Limited, (NSML) is now 84 percent that of Nigeria the management of the firm is saying that the process would complete 100 percent by end 2022. The process was aimed at total control of the organisation by Nigerians both organizations in the very near future. The Managing ...