Blog – Page 7 – Shipping World News Magazine

Oct162025 by Steve AzaikiNo Comments

BOMBSHELL! FMR DG NIMASA to FG: Scrap CVFF , Refund Contributions . BY ASU BEKS.

Misc

Amid growing concerns by stakeholders over the seeming uncertainty over government's real intentions in disbursement of the Cabotage Vessel Financing Fund,CVFF, which has suffered several setbacks, a former Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, has asked the Central Bank of Nigeria to refund all such monies to the contributors. The former NIMASA helmsman who spoke exclusively to Shipping World, on condition of anonymity, said " the time has come to call a spade by its name. This government , like previous administrations before it, doesn't seem to have the political will to disburse the fund. You can't be collecting someone's money for over 22 years and refuse to disburse the money ". The CVFF, under the Cabotage Act was signed into law by f...

Oct152025 by Asu BeksNo Comments

Gov Diri Aborts PDP’S 26 Reign in Bayelsa, Dumps Party with 23 Lawmakers.

Misc, News Feature, Politics

After months of speculation and rumoured defection from the Peoples Democratic Party, PDP, Governor of Bayelsa State, Senator Douye Diri, on Wednesday, officially announced his resignation from the party over what he described as “obvious reasons.” Governor Diri made the announcement during an expanded State Executive Council meeting in Government House, Yenagoa, which had in attendance Speaker of the House of Assembly, Abraham Ingobere, his deputy, Michael Ogbere, the All Progressives Grand Alliance (APGA) minority leader, Edward Brigidi and seven other lawmakers. A statement by the governor’s Chief Press Secretary, Mr. Daniel Alabrah, quoted him as saying that he took the decision after extensive consultation with leaders of the state. He expressed gratitude to his supporters, w...

Oct142025 by Asu BeksNo Comments

Bayelsa Signs Solar Panel Production Deal

News Feature

Bayelsa State recorded another milestone on Tuesday following the signing of a renewal energy agreement for solar panels manufacturing plant in the state. The tripartite deal between the Federal Government’s Rural Electrification Agency (REA), the Bayelsa government and J Marine Logistics Limited, a subsidiary of the Dubai-based Jampur Group that supplied the state’s 60mw gas turbines, was signed in Abuja during the 2025 Nigeria Renewable Energy Innovation Forum (NREIF) at the Transcorp Hilton Hotel. Governor Douye Diri signed on behalf of the state while the chairman of Jampur Group, Mr. Mohammed Shafiq, signed for the company in the presence of Vice President Kashim Shettima, who chaired the event, the Minister of Power, Adebayo Adelabu, and the REA Managing Director, Abba Aliyu. ...

Oct132025 by Asu BeksNo Comments

Lokpobiri resolves dispute between host community and Oil Museum Contractor

News Feature

Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has appealled to the good people of Otuabagi community in Ogbia LGA, to allow work to resume on the Oloibiri Oil Museum and Research Center project site. The Minister, who appealled to the Community when the President of IYC Worldwide, Sir Jonathan Lokpobiri Snr, the Chairman of Otuabagi Chiefs Council and others met him in Yenagoa on Sunday, to seek his attention on the ongoing disput, urged them to prioritize progress over grievances, noting that Oloibiri's prolonged neglect makes this opportunity too valuable to miss. While emphasizing that Oloibiri area, which oil was first struck in commercial quantity, has faced prolonged neglect and urged the community to seize the current opportunity, rather than lettin...

Oct102025 by Asu BeksNo Comments

BREAKING NEWS

Breaking News, Misc

The committee members of the Abuja MOU ( made up of 22 Countries in West and Central African Countries from Mauritania to South Africa) on Wednesday, 8th October 2025, voted to extend the tenure of *Captain Sunday Umoren* for another four-year term, following his remarkable leadership of the Abuja MOU.

Oct72025 by Asu BeksNo Comments

Bayelsa Air Set for Launch as Govt Acquires two aircraft

News Feature

Bayelsa State has procured two aircraft to commence commercial flight operations at the state’s airport. Governor Douye Diri, who stated this on Monday during the courtesy visit of the Prime Minister of the State of Africa In Diaspora, Dr. Tin Louise-George, to Government House, Yenagoa, said the planes would soon arrive and would operate the Yenagoa, Lagos and Abuja routes. Governor Diri said his administration was determined to make the Bayelsa International Airport more commercially effective for flight operations. While welcoming Dr. Louise-George on his maiden visit to Nigeria and Bayelsa, he described the State of Africa in Diaspora as akin to Doctors Without Borders. He said the state government was ready for partnership in the area of the airport expansion and developme...

Oct32025 by Asu BeksNo Comments

Tinubu to inaugrate $400m Rivers crude export termnial

News Feature

President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, the first new crude export facility to be built in Nigeria in over 50 years. The facility, developed by Green Energy International Limited, operators of the Otakikpo field in OML 11, Ikuru town, Andoni Local Government Area of Rivers State, is the first wholly indigenous onshore terminal built in Nigeria. The last such facility, the Forcados Terminal, was commissioned in 1971. The inauguration is expected to attract top government officials, including the Rivers State Governor, His Excellency, Sir Siminalayi Fubara, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri and key stakeholders across the oil and gas sector. According to a ...

Oct32025 by Asu BeksNo Comments

GULF OF GUINEA SECURITY: IMO GIVES NIGERIA THUMBS UP

News Feature

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Domínguez, has lauded Nigeria’s remarkable achievements in maritime security, particularly its success in recording zero piracy incidents for over three years and the groundbreaking Deep Blue Project, which he described as a model for regional cooperation in the Gulf of Guinea. Mr. Domínguez, who arrived in Nigeria on Thursday, made the remarks during a courtesy visit to the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON. He noted that Nigeria’s investment in maritime safety infrastructure and the collaboration of its security agencies, especially the Nigerian Navy, have yielded tangible results in combating piracy and maritime crimes. According to him, these effor...

Oct22025 by Asu BeksNo Comments

Abuja’s huge Agro Allied Potentials, a boost to Nigeria’s non oil revenue…Dantsoho

News Feature, Port News

The Managing Director of Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho has said that the centrality of Abuja coupled with its rich agro-allied potentials is germane to strengthening NPA’s commitment to supporting the Federal Government’s efforts to continuously grow non-oil revenue by connecting local value producers in the non-oil value chain to identified international clusters of demand for their goods. According to him, the position of Abuja as the centre of the country is strategic to the NPA’s renewed trade facilitation focus that places a high premium on port-hinterland connectivity, which Abuja’s centrality accentuates, presents a seamless linkage with the comparative advantages inherent in all regions of the federation that can be harnessed to sustain growth in the volum...

Sep282025 by Asu BeksNo Comments

Why Gulf Of Guinea Is Crucial To Bayelsa – Gov Diri

Misc, News Feature

Governor of Bayelsa State, Senator Douye Diri, has said the location of the state around the resource-rich Gulf of Guinea (GoG) region presents unique opportunities for investment, its growth and development. Governor Diri also stated that his administration was ready to deepen collaboration to enhance the security of the contiguous maritime area. The Bayelsa governor spoke at the Nigerian Mission House in New York during a High-Level Discourse on the Gulf of Guinea, with the theme: “Unlocking Energy, Oil/Gas, Mineral Resources, Aviation and Maritime Opportunities in the Gulf of Guinea: A Roadmap for Peace and Security” on the margins of the 80th United Nations General Assembly (UNGA). The event was convened by a policy think tank, The New Diplomat in collaboration with Angola-bas...