Friday, October 16Nigeria's Authoritative Maritime News Magazine
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Author: Our Editor

Customs Records Highest Revenue, Hits N1.1 Trillion In 2017

Customs Records Highest Revenue, Hits N1.1 Trillion In 2017

Breaking News, Business
The Nigeria Customs Service (NCS) has surpassed itself by recording a revenue of one Trillion, one hundred billion naira, barely nine days to the end of the year. This spectacular performance in revenue collection this year is above the figure for 2016 to the tune of N241, 685, 276, 289.74 At a media parley in Abuja, the nation's capital, the National Public Relations Officer of the Service, DC Joseph Attah, said despite the economic recession, with low volume of imports and restriction placed on 41 items from accessing forex, the Comptroller-General of Customs, Col. Hameed Ali (rtd) undertook some strategic measures which led to the historic revenue figure. The CGCs innovative measures include the redeployment of officers and men, the retraining of Customs Intelligence Unit, maximisi...
NASS to Amaechi: Governing Council not Interim Management Committee for MAN Oron

NASS to Amaechi: Governing Council not Interim Management Committee for MAN Oron

Breaking News, Education, Maritime
Chairman House of Representative Committee on Maritime Administration and Education, Mallam Muhammad Umar Bago has urged President Muhammadu Buhari to immediately inaugurate a Governing Council for the Maritime Academy of Nigeria, Oron in Akwa Ibom to assist in the day to day running of the premier maritime institution in the country . Mallam Bago who gave the advice during an oversight visit to the institution last week picked holes with Transportation Minister, Rotimi Amaechi on the appointment of an Interim Management Committee to run the Academy side by side a substantive Rector. Said he: "An Interim Management Committee has no place in the Act establishing the Maritime Academy of Nigeria.As it stands today, the IMC remains an illegality and cannot pass any integrity test as it h...
Research is a catalyst for development – Dakuku

Research is a catalyst for development – Dakuku

Breaking News, Business, Maritime, News Feature
The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector adding that research is a catalyst to attain sustainable development. Dr Peterside who stated this when the Director General of the Defence Research and Development Bureau, Air Vice Marshall (AVM) Jomo Osahor led his team on a courtesy visit to NIMASA in Lagos noted that what makes a great organization is the ability to initiate new processes based on detailed research, which will in turn guarantee sustainable growth with a positive multiplier effect on the nation. Speaking further, the NIMASA DG reemphasized the need to develop indigenous...
565 NPA Staffers honoured for long service, merit, gallantry

565 NPA Staffers honoured for long service, merit, gallantry

Business, Maritime
A total of 565 staffers of the Nigerian Ports Authority (NPA) were honoured by management for long service, merit and bravery at a colourful ceremony held at the NPA sports ground, Bode Thomas, Surulere, Lagos, at the weekend. Most of the awardees had served the organisation for 25 years and above; seven staffers received merit awards while special recognition went to fire officers, pilots and engineers. In her address at the occasion, NPA Managing Director, Hadiza Bala Usman commended the workforce for their cooperation, understanding and sacrifices and for helping management attain her goals in 2017. She noted that her open door policy in the organisation was deliberate and intended to enable her achieve the "important task of repositioning port operations in Nigeria for bette...
President Buhari Authorized NNPC to Hide N50b from TSA Account “

President Buhari Authorized NNPC to Hide N50b from TSA Account “

Breaking News, Business
The House of Representatives on Tuesday raised questions over a “purported” presidential approval withholding some special Nigerian National Petroleum Corporation accounts from being transferred to the Treasury Single Account. The accounts, with funds worth N50bn, are still being kept by commercial banks in breach of the TSA policy, which provides that all accounts belonging to Ministries, Departments and Agencies of government should be transferred to the TSA. The TSA, a centralised Federal Government revenue account, is kept by the Central Bank of Nigeria. A Nigerian firm, SystemSpecs, provides the Remita electronic platform for running the TSA, saving the Federal Government revenue that could, ordinarily, have been lost. An ad hoc committee of the...
The Agony of Seafarers

The Agony of Seafarers

Opinion
by Egodor Cementina The Nigerian Maritime Administration and Safety Agency (NIMASA) was established with the major responsibility of developing indigenous capacity for shippers, training, certification and welfare of seafarers. Specifically, the agency was created, among others, to provide regulations that are related to Nigerian Shipping, Maritime Labour, Safety and Security in our waters. NIMASA, as the apex maritime agency, has failed in almost all of its duties from the administration of the activities to the clearance and security of the seafarers. Stakeholder's have had cause to lampoon the Apex Maritime Regulatory Agency over its handling of issues concerning seafarers. Recently the Nigerian Merchant Navy and Water Transport Senior Officers accused the agency of tardine...
Full Text of Engr. Ogbeifun’s Address At Shipowners Dinner Night

Full Text of Engr. Ogbeifun’s Address At Shipowners Dinner Night

Business, Maritime
OPENING ADDRESS BY MR. GREG OGBEIFUN PRESIDENT, SHIPOWNERS ASSOCIATION OF NIGERIA (SOAN) ON THE OCCASION OF THE ALL SHIPOWNERS WORKSHOP AND DINNER PROTOCOL- RECOGNITIONS The events at the recent International Maritime Organization (IMO) elections into Category C of the Council where Nigeria lost and actually came second to the last position underscores the importance and urgency of the theme of this end of year Workshop and Dinner “Giving a Critical Lifeline to the Nigerian Maritime Industry”. Our performance at that election has dealt a hard blow on our psyche as a maritime nation. The world has told us that our maritime domain is sick and almost moribund, that we are not a maritime nation that can be relied on for maritime trade, maritime security, maritime infrastructure or ...
$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

Breaking News, Business, Maritime, Opinion
The Nigerian Ship Owners Association (NSOA) is set to drag the Transportation Minister, Rotimi Amaechi, before President Muhammad Buhari over the refusal of the Nigerian Maritime Administration & Safety Agency (NIMASA) to commence the disbursement of the Cabotage Vessel Financing Fund (CVFF). The end of year dinner of the NSOA last week in Lagos almost degenerated into a brawl when Engr. Greg Ogbeifun challenged the minister to show them where he derived his powers to hold back the CVFF. The funds are about $100 billion. At the dinner, Amaechi had boasted that as long as he remained the minister of transportation, not one Kobo of the CVFF would be disbursed. The CVFF currently domiciled in NIMASA has become an issue of controversy as successive managements in the agency have fail...
What Buhari must do to help himself

What Buhari must do to help himself

Opinion
By Dele Sobowale He, who speaks without modesty, will find it difficult to make his words good.” Confucius, 551-479BC, Chinese philosopher. …. He also runs the risk of making a mockery of himself.  He was, and self-advertised, as a man who would come into office to fight corruption and deal with anyone found to be corrupt without fear or favour. On that promise, millions of Nigerians campaigned and voted for him. I did in 2011, when Lai Mohammed, his current Minister of Information was still a spokesman for a defunct political party called ACN. In the months leading to the 2011 elections, Lai was the arrowhead of Buhari’s adversaries who told us that the man was “too old” (among other deficiencies they alleged) to lead Nigerians. Four years after, the same Lai, the spokesman of th...