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Nigerian Illegally Collecting $36,000/month From Ship Owners – Amaechi

Nigerian Illegally Collecting $36,000/month From Ship Owners – Amaechi       The Minister of Transportation, Rotimi Amaechi, has registered his displeasure with continuous patronage of illegal harbours known as secure anchorage areas. According to the minister, an individual has sought to exploit the industry by collecting $1,200 daily...

Ship Owners Push For Disbursement Of $100m Cabotage Fund

Ship Owners Push For Disbursement Of $100m Cabotage Fund   As the federal government continues to falter on its promise to disburse the $100 million (N36 billion) Cabotage Vessels Finance Fund (CVFF) in the first quarter of 2019, ship owners in the country have pledged to...

Nigeria Lost $25bn To Foreign Ship Owners In 2years

Nigeria Lost $25bn To Foreign Ship Owners In 2years   The Executive Secretary of Nigerian Shippers Council (NSC), Mr Hassan Bello, has said the country lost $25 billion to foreign ship owners between 2015 and 2017. Bello, disclosed this when the Nigerian Fleet Implementation Committee paid a...