Ports
Transnet Declares ‘Force Majeure’ After Crippling Cyber Attack
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Haiti asks US, UN to send troops after president’s assassination
Haiti has asked Washington and the UN for troops to secure its ports, airport and other strategic sites after the assassination of President Jovenel Moise opened a power vacuum in the crisis-hit Caribbean nation, an official said Friday. The United States has already said it will send FBI and other agents to Port-au-Prince, two days after Moise was shot dead in his home. In the wake of the slaying “we thought that mercenaries could destroy some infrastructure to create chaos … During a conversation with the US secretary of state and the UN we made this request,” elections minister Mathias Pierre told AFP. The US State Department and Pentagon both confirmed receiving a request for “security and investigative assistance” and said officials remain in contact with Port-au-Prince, but did not s...
NCS: Nigerian government to inaugurates Funtua inland dry port November
The Minister of Transportation, Mr. Chibuike Rotimi Amaechi, will in November inaugurate the ongoing Funtua Inland Dry Port project in Sokoto State. Also the French government has indicated its interest in collaborating with its Nigerian counterpart and therefore hinted that it will assist the government in form of financial assistance to the sector. The Executive Secretary/CEO Nigerian Shipper’s Council (NSC), Mr. Hassan Bello, made this known Thursday in Abuja during a meeting between the Council, Concessionaires for the Inland Dry Ports and the French Embassy. NSC ES, while highlighting the successes so far recorded by the Council stated that the federal government thought it necessary to bring shipping closer to the people by establishing ports in the hinterland. Hassan told the audien...
Southern governors meet, urge President Buhari to address Nigerians
Worried by the rising rate of insecurity, Southern Governors, Tuesday, met in Asaba, the Delta State capital and called on President Muhammadu Buhari to address the nation on the spate of insecurity in the country. The Governors in the meeting which started at about 12 noon and ended about 4:20 pm, urged the Federal Government to convocated a national dialogue as a matter of urgency and insisted on the ban of open grazing across Southern Nigeria The Governors in the 12 point communique read by the Chairman of Southern Governors Forum, Governor Arakunrin Oluwarotimi Akeredolu of Ondo State, “affirmed that the peoples of Southern Nigeria remain committed to the unity of Nigeria on the basis of justice, fairness, equity and oneness and peaceful co-existence between and among its peoples with ...
Navy’s newest offshore survey vessel begins homeward voyage to Nigeria
The Nigerian Navy (NN), says its newest offshore survey vessel, NNS LANA, has began her homeward journey to the country. This is contained in a statement issued on Saturday in Abuja by the Director of Information, Naval Headquarters, Commodore Suleman Dahun. He, however, said the ship will visit ports in Lisbon, Las Palmas, Banjul and Tema-Ghana, before heading to Nigeria on May 17. According to Dahun, the Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, had addressed the ship’s company. The CNS noted that the foremost desire of every littoral state is to have a fleet with the right mix of platforms to meet its operational objectives. Gambo acknowledged that the homebound voyage of NNS LANA was another milestone in the NN’s fleet recapitalisation efforts. He added that the induction of N...
Djibouti president set to extend 22-year rule
Djibouti’s President Ismail Omar Guelleh is expected to extend his two-decade rule of the tiny Horn of Africa nation as the country heads to the polls Friday. Guelleh, 73, is facing political newcomer Zakaria Ismail Farah, his only rival after traditional opposition parties decided to boycott the election. A businessman specialised in the importation of cleaning products, Farah, 56, is seen by observers as unlikely to pose a significant challenge to the strongman who has been in power for 22 years. Djibouti is a largely desert country strategically situated on one of the world’s busiest trade routes and at the crossroads between Africa and the Arabian peninsula, a short distance from war-torn Yemen. Under Guelleh, the country has exploited this geographical advantage, investing heavily in ...
NPA suspends export receipts at Lagos ports
The Nigerian Ports Authority (NPA) on Monday announced the suspension of export receipts at Lagos ports for two weeks. The NPA Spokesperson, Ibrahim Nasiru, said in a statement that the suspension was part of efforts to improve access to, and service delivery at Apapa and Tin Can Island Ports. “The authority hereby announces a 14-day suspension of export receipts at both ports and all satellite truck parks, with effect from March 22. “This development is necessitated by the need for consultations with export cargo stakeholders and the Nigerian Export Promotion Council (NEPC) on the harmonisation of procedures required of owners of this category of cargo. “Stakeholders should please note that this suspension does not affect export refrigerated cargo and trucks whose operators have secured c...
NDLEA rues over shipment of illegal cargoes through Nigeria’s seaports
The National Drug Law Enforcement Agency, NDLEA, has said some ships and their crew bring in illegal consignments from the port of origin into the country. NDLEA also hinted that the shipments are perfected by at the Nigerian end of the transaction by collaborators on arrival at the nation’s ports. Disclosing this in Lagos at the Joint Vessel Boarding Meeting held in Lagos, Assistant Area Commander, NDLEA, Mercy Thompson, noted that the recent drug seizure made at Tin-can Island Port by the Agency was also brought in the same way. She, therefore implored ship crew members to cooperate with representatives government agencies boarding vessels, while complaining that most times the ship captains and their crew refuse to come out to meet them while other times the crew are very uncooperative....
WTO: We need to build capacity for international competitiveness – LCCI
Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) has posited that for Nigeria to take advantage of opportunities offered by the World Trade Organisation (WTO) under the leadership of Dr. Ngozi Okonjo-Iweala, it was important to build capacity for international competitiveness of our products and services. The Chamber also emphasised the need to address trade facilitation issues, especially around port processes, ports infrastructures, international trade documentation, foreign exchange policies, trade policies and industrial policies. The Director General of the chamber, Muda Yusuf, made the disclosure following the appointment of Okonjo-Iweala as the DG of the WTO, saying her emergence comes at a time when the global trading system is faced with n...
Maritime workers to begin warning strike Monday
File Photo The Maritime Workers Union of Nigeria (MWUN) is to embark on a three-day warning strike from Dec. 7, to protest the deplorable state of access roads to seaports in Lagos State. In a communique it issued on Saturday in Lagos, MWUN said that the situation was no longer tolerable. The communique was signed by the President-General of the union, Mr Adewale Adeyanju, and the Secretary General, Mr Felix Akingboye. It was issued after MWUN’s National Executive Council (NEC) meeting in Lagos. According to the communique, the union had at various occasions drawn the attention of the relevant authorities to the bad roads. It said that the poor state of the access roads had made articulated vehicles to block them, putting other road users through pains of losing man-hours and facing risks ...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
