Category: Economy

Improved maritime security will trigger economic growth, say Amaechi, Peterside

10 students win NIMASA education grant NIMASA Director-General, Dr, Dakuku Peterside (right), Permanent Secretary, Ministry of Transportation, Sabiu Zakari, Minister of Transportation, Chibuike Amaechi, winner of the 2019 Maritime Essay Competition, Toluwalope Ojewola, Minister of State for Transportation, Sen. Gbemi Saraki, and Chairman, House Committee on Maritime Transport, Education and […]

How maritime sector can maximise AfCFTA’s yearly $35b intra-trade increase, by NSC, CRFFN

Tsanni With a projected yearly intra-trade increase of N35 billion (55 per cent above the baseline) through the African Continental Free Trade Agreement (AFCFTA) by 2022, Nigeria needs to urgently upgrade its seaports and transport infrastructure to enable stakeholders optimise their advantage. This call was made in Lagos over the […]

SIFAX Group, experts chart path for maritime sector growth

Panel moderator, Teni Akeju (left), Chairman, Nigerian Ports Consultative Council, Kunle Folarin, Executive Vice Chairman, ENL Consortium and Chairman, Seaport Terminal Association of Nigerian (STOAN), Princess Vicky Haastrup, and Chief Executive Officer, Skelas Limited, Prince Olayiwola Shittu, during the panel session at the 4th TAAM Conference at the University of […]

Afreximbank offers Nigerian manufacturers $500m over AfCFTA

MAN seeks comprehensive, robust industrialisation strategy President of Dangote Group and Africa’s Doyen of Manufacturing, Aliko Dangote (left), President and Chairman, Afreximbank Board of Directors, Prof. Benedict Oramah, Minister of Industry, Trade and Investment and representative of President Muhammadu Buhari, Niyi Adebayo, Chairman, Senate Committee on Industry, Bayo Osinowo, and […]

Sifax Group boosts P&G cargo handling with €18m cranes, expands investments

Subsidiary 5-star hotel opens in Lagos 2020 Q1 Executive Director, SIFAX Off Dock, Capt. Ibraheem Olugbade (left), Managing Director, Ports & Cargo Handling Services Limited, John Jenkins, Group Managing Director, SIFAX Group, Adekunle Oyinloye, and Executive Director, Ports & Cargo Handling Services Limited, Tobi Adekunle, at the company’s mid-year review […]

IOCs complying with ultimatum on dockworkers’ wages, says Adeyanju

Contrary to their earlier refusal to pay the outstanding debt to dockworkers employed by stevedoring contractors appointed by the Nigerian Ports Authority (NPA), the International Oil Companies (IOCs) have started complying with the Federal Government’s two-week ultimatum, effect from Wednesday, July 31, on the matter. The government directive was part […]

NIMASA seeks global recognition for Nigerian ship registry

As review committee submits report Upbeat that the Nigerian Maritime Administration and Safety Agency (NIMASA) would soon become the first West African maritime nation to attain ISO 90012015 certification, the Director-General, Dr. Dakuku Peterside, said the agency was pursuing International Standards Certification for the Nigerian ship registry. Peterside spoke in […]