Tuesday, March 11Nigeria's Authoritative Maritime News Magazine
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Month: August 2019

FOREIGN INVESTMENT INTO NIGERIA DROPS BY 43% – UN REPORT

FOREIGN INVESTMENT INTO NIGERIA DROPS BY 43% – UN REPORT

Breaking News, Business, Politics
Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported on Thursday that investors were put off by a dispute between the government and South African telecom giant MTN over repatriated profits. Banks HSBC and UBS both closed representative offices there in 2018. That left Ghana, which is in the midst of an oil and gas boom and saw inflows of $3bn, as West Africa’s leading destination for foreign investment. Italy’s Eni Group was behind Ghana’s largest greenfield investment project. It said the development of new mining and oil projects, a new US development-finance institution and the ratification of an agreement to create a continent-wide free-trade area could further boost...
No End To Zoning Until South/North East Produce President in 2023 – Orji Kalu

No End To Zoning Until South/North East Produce President in 2023 – Orji Kalu

Breaking News, Opinion, Politics
The Chief Whip of the Senate, Orji Uzor Kalu, has cautioned the northern political elite against canvassing an end to rotational presidency as from 2023. Kalu, a two-term governor of Abia State, stated this in an interview with our correspondent in Abuja following the call by the Governor of Kaduna State, Nasir el-Rufai, for an end to power shift in the country. He maintained that nobody should canvass an end to power shift until the South-East and the North-East geopolitical zones had produced the President of Nigeria. The principal officer of the senate noted that the agreement at the end of the 1978 national conference was that all the major ethnic groups in Nigeria must produce the President on a rotational basis. He said, “Calling for an end to the zoning arra...
ALIYU GALADIMA SAIDU IS MARITIME INDUSTRY LIVING LEGEND OF THE WEEK

ALIYU GALADIMA SAIDU IS MARITIME INDUSTRY LIVING LEGEND OF THE WEEK

Breaking News, Maritime, Profile
Perhaps, if Comptroller Aliyu Galadima Saidu had ended up a career educator, he would have made no less impact in the educational sector than he has already in tax management and revenue collection industry. Without exaggeration, it can also be said that his destiny appear intertwined with impacting knowledge, a fact that has continually attracted him to the training grounds, building and moulding manpower, training, directing, instructing, evaluating, and carrying out project researches and development analysis. It is not surprising therefore, that the Customs Area Controller of Onne, the one and only essential Comptroller Galadima Saidu is about one of the most widely in today’s Nigeria Customs Service. Even though he is not a P.hd holder, his scholarship has a swagger that ultimate...
PDP TICKET: DICKSON, ALAIBE DRAW BATTLE LINE

PDP TICKET: DICKSON, ALAIBE DRAW BATTLE LINE

Breaking News, News Feature, Politics
The Nation - cold war between the Governor of Bayelsa State, Seriake Dickson and a former Managing Director, Niger Delta Development Commission (NDDC) over the governorship ticket of the Peoples Democratic Party (PDP) for the November 16 election deepened on Wednesday. Dickson in a statement by his Special Adviser on Media Relations, Fidelis Soriwei, accused the former NDDC boss of circulating video and audio messages to blackmail him. The governor called on well-meaning Nigerians to disregard what he described as a sinister blackmail orchestrated by Alaibe. The statement insisted that Alaibe was circulating a cynically manipulated version of addresses he delivered during political meetings and other fora with the intent to blackmail him for some political benefits. He said ...
Nigerian Ports Incapable To Accommodate Big Ships —Hull Blyth Boss

Nigerian Ports Incapable To Accommodate Big Ships —Hull Blyth Boss

Breaking News, Maritime, Port News
Christian Holm, Managing Director of Hull Blyth Nigeria Limited on Thursday ,stated that Nigeria seaports lack capacity to handle bigger vessels as a result of infrastructure decay. Holm dropped the hint during his submission at an Ad-Hoc Committee of House of Representatives inquiring into under utilisation of Eastern ports that modern ports infrastructure can attract cargoes there. Mr. Blyth said ports in the country are far from being modernised and incapable of accommodating bigger vessels and process cargoes in good time. According to him,poorly developed ports will attract smaller vessels and increase cost of shipping. While harping on the issues surrounding security in the country the Hull Blyth boss added that maritime policing has been compromised on Nigeria’s Ter...
Customs Seizes N5b Tramadol, Other Drugs in Lagos

Customs Seizes N5b Tramadol, Other Drugs in Lagos

Breaking News, News Feature
By Ismail Aniemu Operatives of Nigeria Customs Service Strike Force have seized tramadol and other drugs worth over N5b in a Sallah holiday patrol in Lagos Briefing newsmen at the Customs Training College in Lagos, Spokesman for the service, Joseph Attah disclosed that the drugs were being moved on Sunday during recent Eid El Kabir Muslim celebration Attah, a Deputy Comptroller of Customs said ” Operating on the erroneous belief that festive period is a time of merriment and less vigilance, smugglers of illicit drugs attempted to move their deadly drugs from Lagos to other part of the country “On Sunday, August 13,2019 at about 2am, the operatives of Headquarters Strike Force intercepted one truck laden with dreaded codein ,tramadol and other controlled pain ...
Presidential Election Tribunal: We have proof that Buhari does not have a WAEC certificate – Atiku,PDP

Presidential Election Tribunal: We have proof that Buhari does not have a WAEC certificate – Atiku,PDP

Breaking News, News Feature, Politics
August 15, 2019 Candidate of the Peoples Democratic Party (PDP) in the February 23 presidential election, Atiku Abubakar, and his party, PDP, said they had proved that President Muhammadu Buhari did not possess minimum academic qualification of a secondary school certifcate to contest for the Office of President of Nigeria. INEC had declared Buhari and his party, All Progressives Congress (APC), winner of the February 23 presidential election having won majority of the lawful votes cast at the polls. But Atiku and PDP had continued to insist that they and not Buhari won the presidential election of February 23. Atiku and PDP in their petition filed at the Presidential Election Petition Tribunal on March 18 alleged electoral Irregularities perpetuated by the Independent Nationa...
Reps C’ttee gives NPA thumbs down for under-utilization Of Eastern Ports

Reps C’ttee gives NPA thumbs down for under-utilization Of Eastern Ports

Breaking News, News Feature, Politics, Port News
August 15, 2019 The House of Representatives Adhoc Committee seeking to determine why the Warri, Port Harcourt, Calabar, Onne and Onitsha Inland Ports Complexes are not being put to maximum use, has blamed the federal government (FG) and NPA for enhancing the deliberate plot to thwart business activities in these ports. The committee at its public hearing on the matter on Thursday noted that the abandonment of the Eastern ports has led to the overwhelming business performances and congestion of the western ports. Members of the committee who unanimously frowned at the presentations of several federal government agencies to support why the ports should not work, were of the opinion that there were underlying ulterior motives to the challenges paraded by the agencies. Various ag...
MARITIME LIVING LEGEND OF THE WEEK – Dr Taiwo Afolabi, MON

MARITIME LIVING LEGEND OF THE WEEK – Dr Taiwo Afolabi, MON

Breaking News, News Feature, Profile
Dr. TAIWO AFOLABI,MON A Member of the Order of the Niger (MON), Dr. Taiwo Afolabi is Honourary Consul –General of the Republic of Djibouti in Nigeria. An industrialist of uncommon proportion, Afolabi nevertheless trained as a lawyer at the prestigious University of Lagos and has widespread business interest which cuts across sectors of the economy, including maritime, aviation, hospitality and tourism, finance, communications, oil and gas. Born on April 29, 1962 in Ondo, Ondo State to Chief and Chief (Mrs.) Samson Afolabi of Idokunnusi, Ijebu, Ogun State, he attended AnsarUdeen Primary School Ondo, after which he proceeded to the Baptist Grammar School Ibadan for his secondary education. He did his LLB.Law at the University of Lagos, where he later returned for his Masters Degree ...
SALLAH: DAKUKU URGES NIGERIANS TO EMBRACE LOVE AND PEACE

SALLAH: DAKUKU URGES NIGERIANS TO EMBRACE LOVE AND PEACE

Breaking News, Maritime, Press Release
·        Assures of Better Days Ahead The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians to embrace love and ensure peaceful coexistence among one another as they celebrate Sallah. The NIMASA DG who said that sallah celebration is not only a time for merriment, but a time for sober reflections on happenings in the country, expressed optimism that Nigeria will overcome the challenges facing it in no distant time. “I wish to assure Nigerians that the President Muhammadu Buhari led Federal Government is very determined to take Nigeria to the next level, and this can only be achieved with the patience and cooperation of Nigerians”, he said. Speaking further, Dr. Dakuk...