EU Canvases for Maritime Security Improvement in Nigeria   The European Union (EU) through the West and Central Africa Port Security, has stressed the need for an improved security measures in the country’s maritime domain. EU said this on Thursday in Lagos during the closing ceremony of...

Maritime Lawyers Oppose 15% Imported Vehicle Levy   As the controversy surrounding the introduction of 15 per cent National Automobile Council levy on imported vehicles lingers, some maritime lawyers have demanded court intervention as a way of resolving the matter. The Nigeria Customs Service (NCS) had recently...

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors     The Federal Inland Revenue Service (FIRS) has said it will soon commence a back-end tax audit on operators in the maritime and aviation industries to checkmate tax evasion. The Executive Chairman, Muhammad Nami, who made the...

Senate Worried Over Seafaring Manpower Deficit       The Nigerian Senate has expressed concern over the deficit in the country’s seafaring manpower capacity, just as experts noted that Nigeria can generate $12 billion yearly from the seafaring profession. Speaking during the Maritime Academy of Nigeria (MAN) 2020 passing-out-parade/graduation...

Maritime Contributing N7trn Yearly To Economy – Shipper’s Council     The maritime transportation industry is contributing about N7tn to the national economy annually, the Nigerian Shippers’ Council has said. According to the council, the sector, however, must be supported by the Central Bank of Nigeria to enable...

Afreximbank’s Intervention In Maritime Now $500m   The African Export Import Bank has said that its intervention in the maritime sector in the last three years include more than $500m facilities for the Onne Port expansion in the Onne FTZ, Nigeria, Gabon, Cote D’ivoire, vessel finance...