• Nigeria-Shippers-Council

    Shippers Council Lobbies World Bank On Apapa Traffic

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    The Nigerian Shippers Council has lobbied the World Bank on the clearance of traffic gridlock on the Apapa, Tin Can ports. World Bank was expected to provide fund in tune of $40million to be used to clear the traffic gridlock along ports access roads. Speaking on the development, Executive Secretary of the Council, Mr. Hassan…

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    Insecurity: Insurance Firms Impose N2.3trn Premium On Nigeria-bound Ships

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    Foreign and local ship owners as well as charterers entering Nigeria’s territorial and coastal waters are paying a whopping N2.3 trillion every year to foreign insurance companies to insure their ships against any attacks, LEADERSHIP has exclusively gathered. Findings revealed that each of the 5,000 vessels calling at the nation’s ports are made to pay…

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  • Stacked-bags-of-imported-Rice.-PHOTO-BY-SAMSON-ECHENIM

    Xmas:A Case For Nigerians To Buy Local Rice

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    Against the backdrop of widespread concern of presence of expired foreign rice in the market, BABALOLA YUSUF writes that Christmas draws nearer; there is need for Nigerians to be wary of buying foreign rice. Nigeria is the Africa’s leading consumer of rice and one of the largest rice importers in the world. Statistics had shown…

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  • Recession: Senate Bemoans Low Activities At Onne Port

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    The chairman of the Senate Committee on Marine Transport, Senator Ahmed Yerima, has bemoaned the low rate of activities at the Onne Port Complex, Port Harcourt, which he said was as a result of the current economic situation in the country. The chairman who was elated over the massive investment, high quality and giant infrastructural…

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  • Making Nigerian Ports A Hub Through Competitive Pricing

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    As far as the Nigerian Shippers’ Council is concerned the only way to make the nation’s ports competitive is through pricing, YUSUF BABALOLA writes. Since the federal government pronounced the Nigerian Shippers’ Council (NSC) as the port economic regulator, and followed it up with an order titled the ‘Ports Economic Regulator Order 2015’ published in…

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  • Lagos, Nigeria: entrance to the RoRo port - Nigerian Ports Authority - photo by A.Bartel

    NPA Reviews Joint Venture, Concession Agreements

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    The Nigerian Ports Authority (NPA) has said it will review both Joint Ventures and Concession agreements that were skewed in favour of operators but against the Federal Government in the maritime industry. This was disclosed by the Managing Director, NPA, Ms Hadiza Bala Usman at a press briefing to round off her tour of the…

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    NPA Generates N84.7bn From Eastern Ports In 9 Years

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    The Nigerian Ports Authority (NPA) has collected a total sum of $481million (N76.9billion at prevailing rate of N160 per dollar ) and N7.81billion respectively from the Eastern Ports in nine years (2006-2015). The revenue collected from 2006-2015 was generated in local and foreign currencies (dollars) in the years under review. NPA with headquarters in Lagos…

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