Day: 21 November 2023

Customs Lists Initiatives To Enhance AfCFTA In Nigerian Port

The Nigeria Customs Service (NCS) says port decongestion and transformation of Nigeria into Africa’s most efficient trading nation will enhance the African Continental Free Trade Agreement (AfCFTA) in the port. The Controller General of Customs (CGC), Comptroller Adewale Adeniyi, said this at the 43rd Annual Council Meeting and 18th Roundtable of Managing Directors/Exhibition of the …

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Blue economy to generate $20bn annually, creates 2m jobs – Oyetola

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said that the ministry is pursuing its goal of generating 20 billion dollars annually. Oyetola also said that his ministry was working toward creating two million jobs on a yearly basis through strategic development within the sector. A statement by the Media Aide to …

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Importers, Freight Forwarders Count Billion-Naira Losses As Two-Day Strike Paralyzes Maritime Sector

Importers and freight forwarders are currently grappling with staggering monumental losses following last week’s two-day strike orchestrated by the Nigeria Labour Congress (NLC), which also affected the ports. Our correspondent confirmed that the paralysis caused by the strike has sent shockwaves through the industry, as freight forwarders, importers including transporters have incurred losses running into …

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Despite N714 Million Budget, Water Hyacinth Overwhelms National Inland Waterway Authority (NIWA), Takes Over Lagos Waterways

Despite a whopping provision of N714 million allocated over two years for the clearance of water hyacinth, Lagos waters are still clogged by water hyacinth. Checks by our correspondent revealed that the National Inland Waterways Authority (NIWA) budget for 2023 earmarked N280 million for the mechanical and manual removal of water hyacinth, floating debris, and …

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Belarus To Partner With Nigerian Institute of Technology (NITT)

The Management of Enhanced – Entrepreneurs Belarus Nig. Co. (EBNC) Ltd led by the Managing Director/CEO, Mr. Charles Adzo, has sought to partner with the Nigerian Institute of Transport Technology (NITT). According to him, the collaboration would be premised on training and retraining, staff and student exchanges as well as joint academic and research programs. …

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