New integrated maritime security architecture coming—Minister
Following rising loss of confidence on the security arrangements along the Nigerian territorial waters with its attendant costs on both ships and doing business within Nigerian seaports, the Federal Government on Monday said it is set to deploy its integrated…
Finally N72b Vessel Financing Fund ready for access by shippers, but…
Ahead of planned commencement of the disbursement of the Cabotage Vessel Financing Fund (CVFF), the Federal Government has set up a committee to develop guidelines for the distribution of the fund. The Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi,…
Nigerians getting tired of Amaechi and Lagos-Ibadan rail delivery date?
For almost four times the Minister of Transportation, Chibuike Rotimi Amaechi had given delivery date of the endless Lagos-Ibadan standard gauge rail line, the same four times, it has failed since 2018. The latest failure according to him is the…
Foreign shippers’ may pullout of Nigeria soon as pirates onslaughts deepen on waterways
Chances of possible collapse of Nigeria’s maritime industry are becoming glaring considering the body language of leading international shipping companies who had before now, been spending fortunes just to pass freely within the territorial waterways of Nigeria. Already, the shipping…
