You Are Browsing ‘Maritime’ Category

•   I Don’t Know How Much Accrued – Permanent Secretary By Andrew Airahuobhor –  Lagos   The Cabotage Vessel Financing Fund (CVFF) will no longer be disbursed to qualified beneficiaries any time soon. This is because, Federal Ministry of Transport have dumped the first guideline issued...

With potential to generate seven trillion Naira disposable income from maritime sector, Nigeria Shipowners Association (NISA) wants the federal government to protect indigenous shipping operators, which is necessary for Cabotage trade to thrive in Nigeria. President of NISA, Capt. Olaniyi Labinjo said that the Cabotage Act is a clear provision that Nigerians alone are...

By Andrew Airahuobhor  -   Lagos   If Nigeria does not put its house in order, encourage trade facilitation devoid of bottlenecks inhibiting trade;...

By Andrew Airahuobhor  -  Lagos   With a N50 billion Maritime University scheduled to begin academic activities in September, and a donation of...

By Andrew Airahuobhor  -  Lagos   The inability of Federal Ministry of Transport to dispassionately address a festering economic crisis in the port is threatening to disrupt cargo clearance system with major players in the process in fierce disagreement over how more than N2 billion that would accrue from collection of transaction fees in the ports and border posts...

By Andrew Airahuobhor –  Lagos   Despite the one per cent Comprehensive Import Supervision Scheme (CISS) levy, which has climbed to an estimated...

Nigeria was reported to have led the sub-regional piracy table in 2014. The menace globally cost between $13 and $16 billion, but the cost implication on the Nigerian economy cannot be fully quantified, said Mike Igbokwe, a Senior Advocate of Nigeria (SAN). He said while the Gulf of Guinea region accounted for 153 attacks or attempted piracy attacks, Nigeria came up as...

By Andrew Airahuobhor  -  Lagos   The inability of seaports terminal operators to carry out 24 hours operations has caused a major crisis at the ports, and is threatening government’s revenue generation drive. Attempt by Customs brokers to shutdown ports operations in protest of demurrage charged by Tin Can Island Container Terminal (TICT) for weekend and public...

By Andrew Airahuobhor   With prevailing level of corruption, Nigeria has been eating the crumbs from its lucrative maritime industry. But the inauguration of a new administration led by President Muhammadu Buhari, known for his aversion to corrupt tendencies, the country is set to enter the path of progress. By entrenching transparency and accountability in the activities...

Lanre Arogundade is the Director, International Press Centre (IPC), a non-profit; non-governmental organisation and independent resource centre, based in the South-Western part Nigeria. Arogundade in this interview with Judith Eshemitan, spoke on what should be media agenda for the new administration of President Muhammadu Buhari; the Freedom of Information (FOI) bill,...