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Inability to service BASA deals sealed by Nigeria, 88 others driving capital flights, job loss

Amaechi Seriika

Investigations by Business Hilights Aviation team have revealed that Nigeria had signed Bilateral Air service Agreements (BASA) with about 88 countries across the world, but has failed to effectively reciprocate the agreements. The development has resulted in massive capital flight and job losses because many other foreign carriers rely on the deals to rake in millions of dollars out of ...

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Now, Lagos-Kano Standard Gauge rail line to link Lagos Ports for easy access—Amaechi

NPA railPort

The Minister of Transportation Rt. Hon. Chibuike Rotimi Ameachi has revealed that the emerging second segment of the Lagos – Kano Standard Gauge Rail System has been redesigned to connect the Lagos Port Complex directly. Explaining issues at the one-day National Conference on fast-tracking Ports Reforms at Victoria Island, Lagos on Thursday, Ameachi noted that “efforts were on going by ...

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Ease of doing business getting better in maritime sector, NIMASA DG claims in Houston

Nimasa OTC

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has said that the Ease of Doing Business Initiative programme, coordinated by Vice President Yemi Osinbajo is yielding fruits particularly in the maritime sector as red tapes and bottlenecks which hitherto mitigated against investment in the sector, have started disappearing. He made the claims before ...

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ASPMDA assures quality auto parts, decries Customs delays in clearing goods at ports

Ohaneze ASPMDA

The leadership of Auto Spare Parts & Machinery Dealers Association (ASPMDA), Lagos International Trade fair complex, has assured the Nigerian motoring public that all products sold at the market come SONCAP, the mark of quality provided by the Standard Organisation of Nigeria (SON). Addressing journalists during the working visit of the newly appointed Executive Director of the Trade Fair Management ...

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NPA unveils 4 new Tug Boats to drive maritime safety, security in Lagos

NPA Tug b

The administration of Hadiza Bala Usman at the Nigerian Ports Authority (NPA), Wednesday launched four (4) new tug boats as part of new drive to reposition the Ports for greater operational efficiency in safety and security. The tug boats named Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya were each launched by the Managing Director of the NPA, Hadiza ...

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Air Peace risks dragging Nigeria into diplomatic row if it sues Ivorien government

air peace

Industry pundits have started reviewing the recent threats by the chief executive of Air Peace, Mr. Allen Onyema, to initiate a legal action against the government of Cote d’Ivoire if it doesn’t give the air line the approval to fly into their country by May 22, 2017. The Nigerian airline seems to be finding it difficult to secure a landing ...

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FG allocates new office for troubled CRFFN at Marina for CRFFN

Amaechi at Maritime stakeholders summit

In what some stakeholders are beginning to see as a clever strategy by the federal Ministry of Transportation to weld into the crisis hampering the effective take off of the activities of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), government has allocated a new head office, to be known as the Freight Forwarders Headquarters (FFH). In ...

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Danger as Cargo throughputs now below Guaranteed Minimum Tonnage at Ports

Apapa port 2

A scenario that tends to mean that several reforms of the maritime agencies are not working seems to be playing out across the Nigeria ports considering the revelation that cargo throughputs have fallen below the Guaranteed Minimum Tonnage (GMT). Whereas several analysts traced the development to the introduction of forex restriction to 41 items known to be driving import business ...

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Apapa Customs Command makes N77.4b, less N11.1bn from Q1 target of N88.5b

Ali Customs boss

Impacts of unimaginable drop in container throughput have started showing up in several Customs Commands across the nation including Apapa. Even before the setting in of recession, importation activities had started dropping but was further fueled by the forex restriction to about 41 items which analysts say had been the bulk of major importation that had been sustaining quarterly Customs ...

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Use your discretion on payment in dollars by terminal operators, Expert tells NPA MD

NPA boss

Leading Maritime industry consultant and analyst, Mr. Lucky Eyis Amiwero has called on the managing director of Nigerian Ports Authority (NPA), Hadiza Bala Usman to use her discretion to effect business driving reforms in the area of payment of certain port charges in dollars by port operators. Business Hilights recalls that several port and terminal operators had been crying against ...

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