The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, is one man that will go down in the history of the maritime sector as someone with a Midas touch. In less than two years, the man some people considered not to be a maritime expert has suddenly become a central point of reference. This […]
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Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations. This levy will affect all goods imported from outside the three countries but will not include humanitarian aid. The development comes as they seek to fund a new three-state […]
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The Fortescue Green Pioneer, the world’s first dual-fuel ammonia-powered vessel, has arrived in the UK, marking a major milestone in maritime decarbonisation. The Singapore-flagged vessel docked at Southampton Port today, showcasing how ammonia could be a sustainable marine fuel and a viable alternative to fossil fuels in the shipping industry. A Game-Changer for Green Shipping […]
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The NLNG Shipping and Marine Services Limited (NSML) at the weekend announced that 2024 remains the best year for the company in terms of operational performance, as it achieved 13 million man-hours without Lost Time Injury (LTI). Disclosing this during the 2024 NSML Performance Recognition and Awards held in Bonny, Rivers State, the Managing Director/CEO […]
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The federal government has awarded a contract for the renovation of two major Lagos ports — Tin Can and Apapa — to Chagoury Group, TheCable understands. Chagoury Group is a multinational conglomerate led by Gilbert Chagoury, a Lebanese-Nigerian billionaire. Sources close to the conversation said the federal executive council (FEC) approved the contract in February. […]
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The Nigerian Export Promotion Council (NEPC) has tasked Nigerian manufacturers to seek information on how to enhance the export potentials of their products. Head of Product and Marketing Department of NEPC, Ogun State office, Hadiza Kashiat, gave the charge at a Strategic Focus Group meeting organised by the National Agency for Science and Engineering Infrastructure […]
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APM Terminals Apapa has said Nigeria’s National Single Window (NSW) project will simplify the trade process, enhance transparency and reduce bottlenecks in cargo clearance. This was disclosed by the chief executive officer, APM Terminals Nigeria, Frederik Klinke, when the leadership of the NSW project met with top officials of APM Terminals Nigeria in Apapa, Lagos. […]
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The Director General of the National Agency for Food and Drug Administration and Control, NAFDAC, Prof. Mojisola Adeyeye has insisted on her position that fake Drug dealers should face the death penalty. She described illicit drug barons as merchants of death in society who prioritise making huge illicit money at the expense of the lives […]
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The Nigeria Customs Service (NCS) says it will implement a 4 percent charge on the free-on-board (FOB) value of imports. FOB is when the seller is responsible for delivering the goods to the port of departure, clearing it for export and loading the goods on the vessel. Once the goods are on the vessel, the […]
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The Nigerian Suppers Council has urged importers and exporters to leverage the opportunities provided by the Funtua Inland Dry Port to bolster socio-economic activities. Pius Akutah, the council’s executive secretary, made the call on Monday in Funtua as the port received its first cargo. He expressed the council’s excitement for the successful commencement of operations […]
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