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Maritime and Transport
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.
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
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.
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.
The Chairman of the association, Segun Alabi explained…
Sanwo-Olu Reassures On Q1 2023 Delivery Of Rail Projects
Lagos State Governor, Babajide Sanwo-Olu, on Sunday reassured the residents that the government will deliver the rail projects by the first quarter of 2023
The Blue line rail project is 90 per cent completed and it raises hope for…
Customs Intercepts N1.04bn Machetes, Other Contraband At Tin Can
Nigeria Customs Service (NCS), Tincan Island Port Command has seized eight containers laden with 206,000 pieces of crocodile machetes imported from Ghana and other contraband valued at N1.05billion.
The Area Controller of the Command,…