NIMASA blames rising food prices on vessel insurance
The Nigerian Maritime Administration and Safety Agency has attributed the high cost of foodstuff in the country to the war-risk insurance premium on Nigerian-bound vessels
Category : maritime
Lekki Port ready for commercial operations – Official
The newly-completed Lekki Deep Seaport is ready for inauguration and for commercial operations. Managing Director, Lekki Port Lagos Free Trade Zone Enterprises Ltd. (LPLEL), Mr
Capacity Development: 235 NSDP beneficiaries depart for India, Greece
The Nigerian Maritime Administration and Safety Agency (NIMASA) has sent forth 235 Nigerians to India and Greece as batch B of the 435 young Nigerians
Maritime agencies mandate dollar payments
Despite the Central Bank of Nigeria’s warning against the dollarisation of the country’s economy, some government agencies in the maritime industry collect dollars from shipowners
Why Lekki Deep Seaport should avoid pitfalls of Lagos ports by stakeholders
As President Muhammadu Buhari commissions the Lekki Deep Seaport in January 2023, stakeholders in the maritime sector have called on government to articulate plans to
Buhari okays payment of $350m, N16b cabotage fund to ship owners
“Hence, the ministry explicitly gave its nod to the expansion of the programme by another set of 435 new students to be recruited into the
Reps probe NPA $800m debt to port operators
The House of Representatives Committee on Public Accounts has commenced an investigation into the alleged indebtedness of the Nigerian Ports Authority to port operators amounting
‘Integration of Lekki Port with LFZ’ll change Nigeria’s economic fortunes’
The Chief Executive Officer, Lagos Free Zone, Mr. Dinesh Rathi has expressed confidence that the integration of Lekki Port with Lagos Free Zone would be
New scanners worsen accumulation of cargoes to clear – Freight Forwarders
Freight Forwarders are concerned that the new scanners installed at the Nigerian ports may cause an increase in the quantity of cargoes to be cleared
Stakeholders advocate collaboration to address logistics sector challenges
Trade dispute, irregularities, inflation, currency devaluation, natural disasters, terrorism, regulatory changes and legal disputes have been listed as risk areas affecting supply chain in the
