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Tourism & Hospitality
Saraki Laments Non-Disbursement Of N210bn Cabotage Fund
Minister of State for Transport, Gbemi Saraki has described as national shame, the the non-disbursement of the N210 billion Cabotage Vessel Financing Fund (CVF) since its establishment in 2003.
The CVFF which has increased from $195…
e-Customs Projects To Rake $176bn
When the customs projects finally take off, Nigeria Customs Service (NSC) will generate $176 billion in revenue over a period of 20 years.
The Comptroller-General of Customs, Hammed Ali disclosed Monday in Abuja during the signing of the…
NIMASA Says ISPS Strengthens Nigerian Maritime Security
Nigerian Maritime Administration and Safety Agency (NIMASA) has said that the implementation of the International Ship and Port Facility Security Code, (ISPS) is part of the major component of the security architecture in the Nigerian…
Air Transport Fare Jumps 52.4% In One Year
Amid the scarcity of aviation fuel, airfare has jumped by 52.44 per cent in one year, according to the National Bureau of Statistics (NBS).
This means that Nigerians paid N55, 501 for a one-way economy ticket in April 2022 compared to…
NPA On Reps’ Radar Over $852m Unremitted Revenue
The Public Account Committee of the House of Representatives Committee is looking into the books of the Nigeria Ports Authority and the terminal operators over unremitted revenues of $852.1 million and another N1.897 billion.
The probe…
Topship Raises $2.5m For International Shipping Logistics
Topship, a Nigerian startup, has raised a $2.5 million seed round months after concluding the recent YC winter batch.Â
The fund came from Flexport, the lead investor while others include Y Combinator, Soma Capital, Starling…
Customs Building, Contraband Obstruct Railway Track At Lagos Port
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One of the buildings by the Nigerian Customs Service (NCS) and some contraband seized at the Lagos Port are blocking the railway track, making it difficult for cargo evacuation in the last three years.
The Deputy Managing…
FG Issues Two-Month Deadline To Terminal Operators’ On Practitioners’ Fee Payment
The Federal Government has issued a two-month deadline for terminal operators at the nation’s seaports to integrate the collection of the Practitioners Operating Fee (POF) into their platforms to avoid sanctions.
The…
Customs Commences Trade Facilitation At Reopened Kamba Border
Nigeria Customs Service (NCS) has commenced business activities at the Kamba Border in Kebbi state which was re-opened over the weekend.Â
The government had through a circular last week ordered the reopening of four borders…
Maritime Group Urges FG To Reduce NAC levy to 2%
Advocacy for Maritime Development Association of Nigeria (AMDAN) has urged the federal government to slash the 15 per cent National Automotive Council (NAC) levy to 2 per cent.Â
The Chairman of the association, Segun Alabi explained…