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Nigeria Witnesses Low Import and Export

...‘Why economy won’t recover soon’ ...Clearing agents, LCCI blame exchange rate, high duties Efforts at job creation and price stabilisation are proving very little in the face of dwindling seaport operations. Statistics from the Nigerian Ports Authority (NPA) showed nine-month low of import and export estimates....

NIMASA DG Canvasses Readiness Against Oil Spill

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said described preparedness and core training as the panacea for handling oil spills in the maritime environment. The Director General said this while addressing participants at the eight day...

Govt Inaugurates NPA, NIMASA’s Governing Boards

The Federal Government has inaugurated the governing boards of the Nigerian Ports Authority and the Nigerian Maritime Administration and Safety Agency. Both boards were inaugurated at the headquarters of the Federal Ministry of Transportation in Abuja by the Minister of Transportation, Rotimi Amaechi. Amaechi stated that the...

Good Security Requires Planning” Dr. Peterside

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that ensuring a good security in the maritime industry requires careful planning and stringent implementation. The DG stated this during the closing ceremony of a of a five-day...

NNPC, NPA’s Tussle over N5bn Debt Threatens Fuel Importation

The nation’s fragile economy faces another crisis as the Nigerian Ports Authority (NPA) is restraining the berthing of ships contracted by the Nigerian National Petroleum Corporation (NNPC) for non-payment of N5 billion debt. This is coming just as Nigerians are grappling with the possibility of...

Customs Defaults May Affect 2016 Budget Revenue Target

The federal government’s plan to raise N4.2trillion ($14.3 billion) revenue set in the 2016 budget from its revenue agencies may not materialise, as the Nigeria Customs Service (NCS) has failed to meet the target set for it by the government. Just like most other government...