February 2025 – Page 2 – Shipping World News Magazine

Feb82025 by Asu BeksNo Comments

Unauthorized deductions ,illegal Charges: 54 Nigerian Students in INDIA threaten to drag Zenith Bank to Court

A strongly worded petition from 54 Nigerian students studying various programs at the Centurion University, INDIA, may drag Zenith Bank Plc to court over what they described as "fraudulent , unsolicited deductions and illegal charges "from their various accounts leading to millions of dollars. The aggrieved students in a joint petition which was filed on their behalf by the firm of Joe Ikheloa and Associates, a Lagos based firm of legal Practioners, and addressed to the Director of Banking Supervision, Central Bank of Nigeria, is seeking an expeditious resolution of the impasse or face legal action. The petition titled " Urgent Petition Against Zenith Bank: Unauthorised Deductions, Negligence and Severe Financial Hardship ", the affected students who are cadets under the NIMASA SEAFARER...

Feb82025 by Asu BeksNo Comments

“Stakeholders Convene to Address Rising Operational Costs in Nigeria’s Shipping Sector, Call for Tariff Review”

News Feature

Today, to further stimulate Nigeria’s economic growth, the Executive Secretary and CEO of Nigerian Shippers’ Council, Akutah Pius Ukeyima Esq., MON, FCILT, FInsTA, Ph.D., convened a high-level meeting with industry stakeholders to address the pressing challenges of rising operational costs in the sector prompting the escalating costs that have led to increased shipping expenses, underscoring the call by the operators for a comprehensive review of their tariffs in line with current economic realities. In his remarks, the ES/CEO described the stakeholders’ engagement as a strategic move to foster collaboration among key industry experts, with the ultimate goal of strengthening the sector and positively impacting the national economy. He assured participants that the meeting’s outcome w...

Feb72025 by Asu BeksNo Comments

Photoreel: Gov Uzodinma swears in Chief Henry Njoku as Council member of IMO State University of Agriculture

News Feature

Pictures speak as as our own, Chief. Sir. Henry Ifeanyichukwu Njoku (Harritex) was officially inaugurated and sworn in as Member of Board, University of Agriculture and Environmental Sciences by His excellency, Senator Hope Uzodinma at the State Executive Council Chamber, Government House, Owerri. Ihe eji ámá Nze wu nwa and Ulakwo muru Ikeoha muru Ezigbo nwa. Omebere Ulakwo, may God continue to bless you now and always. Yours truly, A.G.E

Feb62025 by Asu BeksNo Comments

National Single Window Project: Imperatives of a Compliance Task Force. By Asu Beks.

News Feature

Determined to write his name in gold as the only President to enthrone an enduring regime on the ease of doing business at Nigerian Seaports Ports, President Bola Ahmed Tinubu, on April 16, 2024, inaugurated a steering committee for a National Single Window Project. The Committee made up of critical stakeholders such as the Federal Ministry of Finance, the CBN, Federal Inland Revenue Service, the Ministry of Marine and Blue Economy, the Nigeria Customs Service, Nigerian Ports Authority, Nigerian Shippers Council, among others, remains a bold statement by Mr President to break long standing developmental barriers in advancing the progress, prosperity and well being of every Nigerian.A single window is clearly a trade facilitative measure. It permits the trader or transporter to submit al...

Feb32025 by Asu BeksNo Comments

Bayelsa will deliver on Agge Deep Seaport, Gov Diri assures FG team

Maritime, News Feature

Governor of Bayelsa State, Senator Douye Diri, has restated his administration’s commitment towards actualising the deep seaport project at Agge in Ekeremor Local Government Area of the state. Governor Diri gave the assurance on Monday when he received the federal government’s Joint Project Steering Committee and Project Delivery Team on the Agge Deep Seaport in Government House, Yenagoa. The delegation led by the Senior Technical Adviser to the Minister of Marine and Blue Economy, Prof. Busayo Fakinlede, presented the committee’s report and recommendations for the smooth takeoff of the project to the governor. The Bayelsa helmsman said the project was conceptualised by his predecessor’s administration and that his government reviewed it and commenced negotiations on partnership w...