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Port Agencies, Stakeholders Collaborate to Reduce N2.5trn Losses

Port Agencies, Stakeholders Collaborate to Reduce N2.5trn Losses   The Nigerian Shippers’ Council (NSC) and the Nigerian Ports Authority (NPA) have called for stronger public-private collaboration to tackle chronic inefficiencies at the nation’s ports. This is as Nigeria seeks to unlock the estimated $3.4tn market potential under...

FG Blacklists Simon Ekpa, 16 Others Over Terrorism Financing

The federal government has blacklisted Simon Ekpe and 16 other entities over alleged terrorism financing in the country.

NSC Saves N31bn from Demurrage Application in Six Month

NSC Saves N31bn from Demurrage Application in Six Month The Nigerian Shippers’ Council (NSC) has said that out of a total requested amount of N50.8bn demurrage applications it received between January and June 2024, the sum of N19.6bn was validated as reasonable for payment leading...

FG Recovers N6bn from Four-Year Ports Dispute Settlement

FG Recovers N6bn from Four-Year Ports Dispute Settlement The Federal Government through the Nigerian Shippers’ Council, said it recovered the sum of N6.1bn from dispute settlements at the ports between 2019 to 2023. It said a total of N6.1bn was saved and recovered by the council...

Maiduguri Dry Port to Begin Operation in December, Says Zulum

Maiduguri Dry Port to Begin Operation in December, Says Zulum The Borno State Governor, Babagana Zulum, has revealed that the Jauri Inland Dry Port located in Maiduguri, Borno State, would be ready for operation by December. Zulum disclosed this on Wednesday, when he paid a courtesy...

FG Commences Duty-free Import on Food Items

FG Commences Duty-free Import on Food Items The Nigeria Customs Service has commenced the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items. This was after President Bola Tinubu approved the implementation of zero per cent import duty...