Reps Plan to Prevent NCC, NPA, NIMASA from spending revenue The House of Representatives is moving to prevent some ministries, departments and agencies from further spending and diverting the revenue they generate, especially the Nigerian Ports Authority, the Nigerian Communications Commission and the Nigerian Maritime...

Nigeria, Others Lose N380bn Annually To Gulf Of Guinea Piracy Nigeria and other countries in the Gulf of Guinea have lost N380 billion yearly to sea robbers and pirates between 2015 and 2019. Data presented at the Nigerian Admiralty Colloquium in Lagos also showed that...

Unexecuted Contracts: Senate Indicts NIMASA For N1.5bn Payment         The Senate Public Accounts Committee has sustained the report of the Auditor General for the Federation, which indicted the Nigerian Maritime Administration and Safety Agency of paying N1.5bn to contractors who did not execute projects awarded to...

NIMASA Denies Granting Waivers To Shipping Firms         The Nigerian Maritime Administration and Safety Agency has dismissed as false, allegations that it has been granting waivers to shipping firms. It also refuted allegations of preferential treatment of foreign shipping companies in the shipment of petroleum products. The Director-General,...

Infrastructure Deficit Responsible For High Cost Of Doing Business In Ports - Bello         The Executive Secretary Nigeria Shippers Council (NSC), Hassan Bello, has blamed the high cost of doing business in the country on failure of Infrastructure Speaking during a routine visit to some shipping companies...

Maritime Security: FG Plans To Spend N8.9bn On Boat Rentals         The Federal Government through the Federal Ministry of Transportation is proposing to spend a whopping N8.7billion annually as rentals for fast intervention boats with which it hopes to tackle maritime crimes on the nation’s coastal...