NLNG not funding Badagry Dockyard, says BSMEC

NLNG not funding Badagry Dockyard, says BSMEC

The Badagry Ship Repair and Maritime Engineering Company (BSMEC) has responded to the ongoing controversy which trailed its recent decision to site a $1.5bn Dockyard project in Badagry, Lagos State. Speaking in Lagos on behalf of the consortium, Dr. Taiwo...
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FIRS earns N1.97 trillion in six months

FIRS earns N1.97 trillion in six months

THE  Federal Inland Revenue Service (FIRS) generated N1.97 trillion in revenue in the first half of this year. Acting Executive Chairman of FIRS, Mr Sunday Ogungbesan, made the disclosure in Lagos at the weekend. According to Ogungbesan,  the figure represen...
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Customs FOU arrest 30 suspects

Customs FOU arrest 30 suspects

THE Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone “C” Owerri, last month made 48 seizures, worth a Duty Paid Value (DPV) of one hundred and ninety-seven million, three hundred and eighty-five thousand and seven hundred and forty...
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Customs intercepts five 2015 Toyota Corolla

Customs intercepts five 2015 Toyota Corolla

THE Headquarters Monitoring Team of Nigeria Customs Service (NCS) has intercepted five 2015 Toyota Corrola along Lagos-Shagamu Expressway. A statement issued by NCS explained that the cars  has a duty paid value of N35.1million. In a related development, as t...
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NIMASA pledges to support stevedoring firms

NIMASA pledges to support stevedoring firms

The Acting Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Haruna Baba Jauro has assured Stevedoring companies of a quick resolution to some of the issues challenging their operations. The DG stated this when he played....
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APM Terminals appoint Ransome-Kuti DMD

APM Terminals appoint Ransome-Kuti DMD

APM Terminals Apapa has announced the appointment of Olufemi Ransom-Kuti as its Deputy Managing Director. Olufemi brings to this role 14 years of experience in supply chain operations and project management. Before joining APM Terminals, he worked with Lafarge...
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NIMASA Redeploys Directors

NIMASA Redeploys Directors

THE Nigerian Maritime Administration and Safety Agency (NIMASA) has redeployed  some senior management staff of the Agency. The new posting, according to acting Director General/Chief Executive Officer, Mr. Haruna Baba Jauro are expected to reposition the Age...
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Fatter ships underway

Fatter ships underway

EXPERTS expect more wide-beam 14,000- to 15,000-TEU (Twenty foot equivalent)  ships with 21-deck rows and 53.5 metre beams. According to Alphaliner, the wider-beam ships   are coming given the popularity of wide-beamed 8,500 – 10,000-TEUers. How carri...
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Buhari renews appointment of MAN Rector

Buhari renews appointment of MAN Rector

President Muhammadu Buhari on has  renewed the appointment of Joshua Okpo as the Rector of the Maritime Academy of Nigeria (MAN) Oron for a second and final term of four years, according to a statement by the Special Adviser to...
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Customs reviews plan to shut down Intercontinental Hotel

Customs reviews plan to shut down Intercontinental Hotel

THE National Headquarters of Nigerian Customs Service (NCS) has reviewed its earlier plans to shut down Intercontinental Hotel over alleged default in the payment of duty on imported rice. A statement sent to Citybusinessnews by Public Relation Officer, Wale A...
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Tension over review of port concession agreements

Tension over review of port concession agreements

TENSION has enveloped the maritime sector over plans by the Federal Government to commence  review of the concession agreement it entered with private terminal operators Investigation conducted by City Businessnews revealed that all the terminal operators are...
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Customs shut down Stallion, over N23.6billion debt

The Nigeria Customs Service (NCS) today in Lagos shut down the premises of Stallion/Popular Foods, Masco Agro, Ebony Agro and Conti Agro over alleged N23.6 Billion debt. Represented by Public Relation Officer, the Comptroller General of NCS, Dikko Inde Abdulla...
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Eastern ports relevant to national development, say NPA MD

Eastern ports relevant to national development, say NPA MD

THE Managing Director of Nigerian Ports Authority (NPA), Alhaji Sanusi Lamido Ado Bayero has reiterated that the Eastern Ports remain relevant in future  maritime development in the country. He therefore implored stakeholders in the Eastern Ports to realise t...
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Jauro resumes as NIMASA acting DG

Jauro resumes as NIMASA acting DG

Mr. Haruna Baba Jauro has formally taken over from Barrister Calistus Nwabueze Obi as the Acting Director General/Chief Executive Officer of the Nigerian Maritime Administration and Safety Agency (NIMASA). The handover ceremony took place in the Agency on Mond...
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