Author: Kenneth Jukpor
The Global Transport Policy (GTP) Limited, a Communication outfit, has stressed the need for a sustainable conversation for an excellent transport infrastructure blueprint to boost Nigeria’s economic development. Dr. Oluwasegun Musa, the Chairman/Chief Consultant, Global Transport Policy, said this at a media conference on Thursday in Lagos. Musa said that sustainable blueprint for transport infrastructure would facilitate the movement of people, goods, and ideas across climes and nations. He noted that the blueprint would enable states to engender comprehensive transport growth for economic impact through strategic collaborations to reinforce national advancement. Musa added that each states had potential that should…
The Minister for Marine and Blue Economy, Adegboyega Oyetola CON, has decried low investments in inland waterways transport system, stressing that the gains accruable from the sector will be eroded without requisite investments for optimal operations. Oyetola gave this remark while delivering the keynote address at a Maritime Business Roundtable Breakfast Meeting (MBRBM), organized by Zoe Maritime Resources on Thursday, themed: “Security and New Technologies in Inland Waterways Transportation.” According to the Minister, low investments in the nation’s inland waterways remains a huge challenge in the sector, while he also opined that there is lack of strict implementation of regulations.…
Nigeria Liquefied Natural Gas (NLNG) Limited on Wednesday signed Memoranda of Understanding (MOU) with three hospitals to complete the second phase of its multi-billion-naira Hospital Support Programme (NLNG HSP). The NLNG Hospital Support Programme (HSP) is NLNG’s national Corporate Social Responsibility (CSR) initiative aimed at boosting the healthcare delivery system in 12 federal university teaching hospitals and health institutions across the six geopolitical zones in the country. The programme started in 2022 with the signing and implementation of MoUs with six hospitals in the first phase. For the second phase, NLNG’s Managing Director, Dr. Philip Mshelbila, signed MoUs with the…
…Inter-Border Security Forum Deepens Cross-Border Partnerships Dr. Bonny A. Botoku, the Secretary General of the Inter-Border Security Forum, has extended a warm welcome to Comptroller James Folorunsho Ojo, who has assumed the role of Area Controller for Ogun 1 Command, following the redeployment of Comptroller Ahmadu Shuaibu to Federal Operations Unit, Zone B. The Inter-Border Security Forum, according to Dr Botoku is dedicated to promoting cross-border cooperation and security, but always looking to strengthening relationship between Nigeria and Republic of Benin to further improve operations of Customs and other para-military outfits at the border communities. He posited that with the…
The Director-General of National Orientation Agency, NOA, Mallam Lanre Issa Onilu, has commended the Economic and Financial Crimes Commission, EFCC, on its drive against all forms of Naira abuse. Onilu gave the commendation in Abuja in a letter addressed to the Executive Chairman of the EFCC, Mr. Ola Olukoyede. According to him, the actions being taken by the Commission against Naira abuse amount to “preservation of the integrity of the national currency, the Naira.” “On behalf of the management and staff of the NOA, I write to commend the Economic and Financial Crimes Commission and the Chairman, for the recent…
In a bid to enhance trade facilitation and efficiency within the nation’s import and export value chain, the Federal Government has inaugurated the National Single Window Steering Committee, with the Nigeria Customs Service (NCS) serving as a key member. The launch took place at the Presidential Villa Abuja on Tuesday, with President Bola Tinubu presiding over the inauguration. The Committee is composed of representatives from key federal ministries and agencies, including the Ministry of Finance, the Marine and Blue Economy, Transportation, Trade and Investment, as well as the Federal Inland Revenue Service. Other agencies involved are the Nigeria Sovereign Investment…
…as export tonnage grows by 95% As part of efforts to balance Nigeria’s foreign trade, the Tin Can Island Port (TCIP) has facilitated exports valued at N287,792,767,415 in the first quarter of 2024. The 2024 figure represents over 300% increase in Free On Board (FOB) value of the exports which is a significant improvement from the N80,993,580,710 FOB value recorded between January and March 2023. TCIP Customs Command made this known in a press statement disseminated today (Wednesday), signed by the Command’s Public Relations Officer, Ngozi Okwara. According to the report, which delivered the Command’s scorecard for 2024 first quarter,…
The Lilypond Export Command of the Nigerian Customs Service (NCS) says its Nigeria Export Supervision Scheme (NESS) payment stood at N1.39 billion as at first quarter of the year. The Customs Area Controller (CAC), Lilypond Export Command, Comptroller Ajibola Odunsanya, said this at a news conference in Lagos on Tuesday. The figure represents an increase of N1.01 billion when compared to N328.2 million posted in the first quarter of 2023. Odunsanya said that the command also recorded revenue worth $236 million in the first quarter, attributing the success to enhanced revenue generation and compliance. He added that surcharge payment for…
Following concerns by oil marketers and concerned Nigerian citizens, Dangote Petroleum Refinery has announced a reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 percent reduction from the previous market price of about N1,600 per litre. This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country. Recall that oil marketers…
By Anderson Ikenga The Nigerian Navy (NN) Firemen, a sub-unit of Naval Headquarters Garki Abuja, have averted an inferno at UTC Shopping Plaza in Garki, Abuja. This was done yesterday in collaboration with men of the Federal Fire Service. According to eyewitness reports, an electric spark in one of the plaza shops ignited the fire outbreak with the potential to consume many other shops & properties. However, as the fire surged, the NN Fire men were called in to assist the Federal Fire Service (FFS) men and the National Defence College (NDC) Fire Service in fighting the flames. On arrival,…