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,...

Petroleum Shipment: Senate Raises Concern Over $120m Yearly Losses         The Senate on Tuesday, raised concerns over reports that the nation loses over $120m annually, following overwhelming patronage of foreign shipping firms in the shipment of petroleum products. The upper chamber has therefore, directed the Nigerian National...

FG Bars Foreign Firms From Contracts Below N5bn       The Federal Government on Tuesday declared that contracts not above N5bn would no longer be awarded to any foreign firms in the country. It said the decision was part of a way of patronising the indigenous firms in...