Sunday, August 16Nigeria's Authoritative Maritime News Magazine
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SHIPPERS COUNCIL, TRANSPORTATION MINISTRY TO SENSITISE STAKEHOLDERS

SHIPPERS COUNCIL, TRANSPORTATION MINISTRY TO SENSITISE STAKEHOLDERS

News Feature, Port News
The Federal Ministry of Transportation (FMOT), in collaboration with Nigerian Shippers' Council (NSC) is organizing a sensitization programme on some functions of the council. The programme, which will be chaired by the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, is scheduled to hold Friday 22nd, July, 2022 at Eko Hotel and Suites, Victoria Island, Lagos, by 9.00am. The theme of the programme "Port Economic Regulator - NSC in Focus” is aimed at enlightening the stakeholders and the general public on the mandate of Nigerian Shippers' Council as Port Economic Regulator. A paper titled " Promoting Competitiveness and Compliance in Nigerian maritime Industry", will be presented at this much anticipated event by Prof. Bongo Adi, a maritime economist. Re...
NIMASA RESPONDS TO SENATE QUERY ON $12B CRUDE OIL THEFT SUIT.

NIMASA RESPONDS TO SENATE QUERY ON $12B CRUDE OIL THEFT SUIT.

Maritime, News Feature
The Nigerian Maritime Administration and Safety Agency,NIMASA, has responded to a query issued by the Nigerian Senate over its propriety in the disbursement of $5m as legal fees in respect of a suit instituted against some International oil Companies (IOCs) by the Federal Government in November 2013. Following a steady decline in its hydrocarbon exports revenue due to ineffective monitoring , the Office of the Attorney General of the Federation had on the directive of the Presidency , directed the Nigerian Maritime Administration and Safety Agency to Institute legal action against the affected IOCs who were involved both in under declaration and under remittance of crude oil exports. According to official sources at the Agency,upon the strength of the said approval, on January 29 , 2014 ,...
Jubilation in Bayelsa as Fashola flags off Nembe /Brass Road

Jubilation in Bayelsa as Fashola flags off Nembe /Brass Road

News Feature
There was celebration in Nembe and Brass local government areas of Bayelsa State on Thursday as the long-awaited road project linking both riverine councils was flagged off by the Minister of Works and Housing, Mr. Babatunde Fashola, at Nembe. The project, which is one of the three senatorial roads in the state, had been on the drawing board of successive administrations in the country from the colonial era in the 1940s. The Governor Douye Diri administration, which made it one of its campaign promises to people of the area, revived the project with the first phase of 21km and 10 bridges awarded to Setraco Nigeria Limited for N54.1billion. The road when completed will open up the Brass Island, which has key national economic assets such as the Agip oil export terminal, the ongoing...
The Big Story: Kunle Oloyede, A Change Agent at Tin Can Island Port

The Big Story: Kunle Oloyede, A Change Agent at Tin Can Island Port

News Feature, Port News
History is replete with leaders who are called upon at times of crisis to take the gauntlet. Such challenges come with huge responsibilities and a trust factor. It took the helmsman at Customs House, Hameed Ali ,wide consultations to arrive at the decision to deploy Comptroller Kunle Oloyede to the second most powerful area Command. The task for a change of guard at the Tin Can Island Command of the Nigeria Customs Service came at a time the incumbent, Compt MBA Musa, was taking the nation by storm. If MBA Musa was not clamping down on drug and arm traffickers, he was raking billions of naira monthly to the Federation Account. If it was on the strength of competence,performance and public perception, MBA Musa would have continued to hold sway as Area Controller. But ironically, the o...
FG APPROVES 11bn FOR CONSTRUCTION OF BRIDGES & ACCES ROADS TO BRASS LG AND 3.8bn FOR a SWITCH-GEAR ROOM FOR OIL & GAS PARK IN BAYELSA STATE

FG APPROVES 11bn FOR CONSTRUCTION OF BRIDGES & ACCES ROADS TO BRASS LG AND 3.8bn FOR a SWITCH-GEAR ROOM FOR OIL & GAS PARK IN BAYELSA STATE

News Feature
The minister disclosed this to State House Correspondents shortly after the over three-hour FEC meeting presided over by the Vice President, Professor Yemi Osinbajo, at the Council Chambers of the Presidential Villa, Abuja. According to the Minister of State for Petroleum Resources and former Presidential aspirant of the APC, Timipre Sylva, the council approved N3.81bn for a switch-gear room for the Nigerian Oil and Gas Park in Bayelsa State for the local manufacture of components. The PUNCH reports that, in February 2022, the Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, said the Nigerian Oil and Gas Park will be completed in the fourth quarter of 2022. Sylva also revealed that the Council approved N11bn for the construction of access...
Sylva yet to resign as petroleum minister  – Aide

Sylva yet to resign as petroleum minister – Aide

News Feature, Politics
There are conflicting signals from the Presidency as to whether Petroleum Minister , Chief Timipre Sylva, is still a member of the Federal Excutive Council. Timipre Sylva was among the ten Ministers who last Friday attended a valedictory session at the Presidential Villa having indicated their interest to vie for the office of the President under the platform of the APC .But an aide to the Minister said he is yet to resign his position. His Media Assistant, Julius Bokoru, told Daily Trust that his boss has not resigned from his position. Sylva was among the serving ministers that purchased N100 million APC presidential form to succeed President Buhari during the 2023 election. Though it was not clear if the Sylva, a former Governor of Bayelsa State has withdrawn from the president...
May God Forgive Those Planning To Continue Buhari’s Legacies – Wike

May God Forgive Those Planning To Continue Buhari’s Legacies – Wike

News Feature, Politics
Bayelsa State Governor, Senator Douye Diri, has assured his Rivers State counterpart, Chief Nyesom Wike, of support in his presidential aspiration. The Bayelsa helmsman said such support for Governor Wike could be taken for granted as Bayelsa and Rivers were one and with common interests. He stated this on Friday when Wike and his team visited him in Government House, Yenagoa, to formally inform him about his presidential bid on the platform of their party, Peoples Democratic Party (PDP). A press release by his Chief Press Secretary, Mr Daniel Alabrah, quoted Diri as saying that Wike already knew the challenges of people of the South-South and was adequately prepared to address them if he becomes Nigeria’s president. Diri commended Wike’s developmental strides in Rivers and not...