News Feature – Page 24 – Shipping World News Magazine

Aug182024 by Asu Beks1 Comment

BREAKING: President Tinubu slashes,NPA, NIMASA, Shippers Council, others IGR deductions to 20 per cent.

News Feature

Indications are rife that President Bola Ahmed Tinubu may have ordered that the deductions of IGRs from Federal Government Parastatals be reduced from 50 to 20 per cent. Shipping World Magazine learned from usually dependable sources that Mr President may have to bowed to pressure from his economic team that the 50 per cent deduction not only counter productive but was likely to cripple the affected MDAs. Sources at the Presidency informed our magazine that the move was aimed at easing the burden of the MDAs and encourage financial autonomy.

Aug162024 by Asu BeksNo Comments

The ‘Orphan’ Called Nigerian Ship Owner By Asu Beks

Maritime, News Feature

If the famed founder of the Synagogue Church of all Nations, Pastor T. B. Joshua, were alive, I would have mobilized the rank and file of Nigerian indigenous ship owners to his Church for a seven-day dry fasting to break this 18 years jinx that has made the disbursement of the Cabotage Vessel Financing Fund (CVFF) a mission impossible. Or maybe I should consider Rev. Fr. Mbaka or the maverick pastor Indaboski for this divine intervention which seems to be the only option left. If there is any indigenous group that has never benefited from any direct government bail out in the last two decades, it is the Nigeria ship owner. From the Obasanjo administration to late Yar'Adua, Jonathan and Buhari, various sectors of Nigeria's economy, including aviation, agriculture, energy, oil and gas...

Aug132024 by Asu BeksNo Comments

PROF. WOLE SOYINKA AT 90: A GALA OF HIGH COMMENDATIONS AND DISSECTIONS

News Feature

On Friday July 13, 1934, contrasting events unfolded around the world. Far away in Europe, Adolf Hitler launched the “Night of Long Knives” in Germany, causing great global unease and rapple. But in British West Africa, a bouncing baby boy, later named Akinwande Oluwole Babatunde Soyinka, was born in Abeokuta, in the hear of Yorubaland, , amidst jubilation. Today, that infant boy, Akinwande Oluwole Babatunde Soyinka has acquired several sobriquets and nom-de-guerre, depending on the circumstance. On his 90th birthday, he has severally been given such by-names as “Kongi”, the “Lion of African Literature”, the “Bard of Ogun” and the “Sage of Abeokuta” (right from his hometown). Others refer to him as the “Literary Giant of Africa”, “Poet Laurette of the Black World”, The “Champion of Justice...

Aug132024 by Asu BeksNo Comments

MOBEREOLA DASHES HOPE ON EARLY DISBURSEMENT OF CABOTAGE FUND…says floating dock would not be deployed to Okerenkoko.

Maritime, News Feature

Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola, on Monday dashed the hopes of Nigerian Ship Owners who had wished for an early disbursement of the controversial Cabotage Vessel Financing Fund, when he hinted of a possible review of the entire process. Mobereola who spoke at an interactive Session with Nigeria's mainstream Maritime Media said Government was very conscious of the mistakes made during the moribund Ship Acquisition and Building Fund and was therefore not prepared repeat the same mistakes. The regime of Dr Bashir Jamoh was in the process of making disbursement of the CVFF and had even appointed five Primary Lending Institutions, PLIs before he ran out his tenure . The bone of contention during discussions between Jamoh a...

Aug122024 by Asu BeksNo Comments

Gov Diri Sad Over Boat Mishap

News Feature

Bayelsa State Governor, Senator Douye Diri, has expressed sadness over Wednesday’s cargo boat accident around Ezetu 1 community in Southern Ijaw Local Government Area of the state. The tragic incident reportedly claimed an unconfirmed number of casualty while rescue operations are ongoing. Governor Diri, in a statement by his Chief Press Secretary, Daniel Alabrah, expressed the condolences of the state government to families of victims of the mishap. He also directed the relevant ministries to immediately join the rescue efforts. The governor said investigation will be conducted into the cause of the accident and urged boat operators to always observe safety procedures on the state’s waterways. “The news of another tragic boat accident in our state was shocking and sad. On b...

Aug112024 by Asu BeksNo Comments

AILES GROUP MAKES A BRAVE ENTRY INTO UK MARKET…Opens London Office.

News Feature

AILES GROUP , a global player in the Oil and Gas Sector, last week launched its presence in the UK market establishing the AILES RESOURCES INTERNATIONAL LTD ,UK. Chairman/CEO of the AILES GROUP, High Chief Michael Onuoha, told Shipping World Magazine exclusively that the intention of the Conglomerate is to use the UK office to launch into Commodity trade, Investment Promotion , Energy and other potential trade opportunities in the UK. "In Nigeria, we are into Real Estate, Oil and Gas, Hospitality among others. AILES RESOURCES INTERNATIONAL LTD UK will serve as the window for African business men who wish to tap into the vast opportunities in the UK but lack the enabling start ups. We are here to serve as that bridge "he declared

Aug112024 by Asu BeksNo Comments

Abubakar Dantsoho: Task before new helmsman at NPA

Maritime, News Feature

After months of speculation, President Bola Ahmed Tinubu, on July 12, 2024 unveiled Taraba-born Dr. Abubakar Dantsoho as Managing Director of the Nigerian Ports Authority, thus ending the two-year tenure of Mohammed Bello Koko. Bello Koko was drafted to replace Hadiza Bala Usman two years ago after she fell out of favour with her boss and former Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi. Expectedly, Dantsoho's appointment was greeted with jubilation by industry stakeholders who have been worried that for nearly two decades, 'outsiders' who had little or no knowledge about port operations were appointed to oversee such a critical national asset. The appointment of Dr. Abubakar Dantsoho, who was an Assistant General Manager at the Servicom Unit of NPA and a core profess...

Aug102024 by Asu BeksNo Comments

BAYELSA BOAT MISHAP; Marine and Blue Economy Commissioner, Dr Faith Zibs Godwin Receive Bodies of Victims . NIWA Keeps mum ~ Bayelsa reassures Commitment to Safety Measures

News Feature

After days of intensive search, the Commissioner for Marine and Blue Economy, Dr Faith Zibs Godwin, Friday along with her Special Duties counterpart, the Marine Police Force, and other relevant agencies, received the recovered bodies of eighteen victims from the ill-fated boat mishap that occurred in the Ezetu waterways, even as the National Inland Waterways Authority, NIWA has kept mum In the aftermath of the accident, Dr Zibs Godwin actively engaged with survivors to understand the full scope of the incident and to provide support. These discussions were crucial to help address immediate needs of the survivors and investigat the circumstances surrounding the tragedy. The Commissioner expressed deep condolences to families of the victims while receiving the bodies at the Yenagoa FMC...

Jul272024 by Asu BeksNo Comments

Senate Mourns the Demise of Senator Ifeanyi Uba

News Feature

It is with deep sorrow and profound regret that the Nigeria Senate announces the passing of our esteemed colleague, Senator Ifeanyi Uba, who until his passing represented the Anambra South Senatorial District. Senator Uba was an exemplary leader, a committed public servant, and an indefatigable advocate for his constituents. His untimely departure represents a significant loss to the Senate, his community, and the nation at large. Prior to his illustrious career in public service, Senator Ifeanyi Uba distinguished himself as a prominent businessman and philanthropist. As the founder and CEO of Capital Oil and Gas Industries Limited, he made substantial contributions to Nigeria's energy sector, fostering economic growth and creating numerous job opportunities. Through the Ifeanyi Uba ...

Jul262024 by Asu BeksNo Comments

Umunna Lekki Association mourns Chief Emmanuel Iwuanyanwu, describes him as a personification of the Igbo Renaissance

News Feature

An Igbo social-cultural organization, Umunna Lekki Association (ULA), has expressed shock over the death of the reigning President General of Ohaneze Ndigbo Worldwide, Chief Emmanuel Iwuanyanwu whose passing was made known to the public on Thursday, July 25, 2024. In a statement released to the press, the President General of Umunna Lekki Association, Chief Michael Onuoha (Eriri-ego Igbonile/Ide Nwangele) described the late Chief Iwuanyanwu as an epitome of Igbo renaissance. Chief Onuoha noted that Chief Emmanuel Iwuanyanwu’s leadership of the apex Igbo organization, Ohaneze Ndigbo, has brought many benefits to the people who needed a courageous and outstanding leader at an epochal historical period. The statement reads in part “We as Umunna Lekki Association are saddened by the n...