Author: Vera
The Nigeria Customs Service (NCS) has introduced key fiscal incentives under the Presidential Gas for Growth Initiative, aimed at boosting domestic gas utilization and promoting cleaner energy sources in line with President Bola Ahmed Tinubu’s commitment to enhancing Nigeria’s investment climate. Speaking on the initiative, the Comptroller General of Customs, Bashir Adewale Adeniyi, emphasized, “These measures will significantly reduce the cost of living, enhance energy security, and accelerate our nation’s transition to cleaner energy sources. It’s a step forward for both economic growth and environmental sustainability.” Under the new policy, machinery, equipment, and spare parts imported for gas utilization, including…
…Apapa Command Honours Top Stakeholders and Officers The Comptroller General of Customs (CGC), Bashir Adewale Adeniyi, has applauded the Apapa Port Command for its exceptional revenue collection of over N2.2 trillion in 2024, urging the command to sustain its performance through enhanced compliance and collaboration. Speaking at the command’s End-of-Year Party and Award Ceremony in Apapa on Friday, December 13, 2024, Adeniyi, represented by Deputy Comptroller General Caroline Niagwan (Tariff and Trade), highlighted compliance as a critical tool for competitiveness, transparency, and economic growth. He stated, “Compliance is not merely a requirement; it is a competitive advantage. It fosters…
Vindi Petroleum has announced a groundbreaking initiative aimed at making fuel affordable and accessible during the festive season, ensuring Nigerians can travel with ease for Christmas celebrations. Speaking during the launch of the program in Lagos, Executive Chairman Victor Kalu, the driving force behind the initiative, described it as a revolutionary step toward creating a more affordable and efficient fuel distribution system across Nigeria. “We are committed to growing the economy by making fuel readily available and affordable for Nigerians during the yuletide,” Kalu said. “Our initiative, Fuel Yapa—which means ‘fuel in abundance’—focuses on creating a vast network that can…
The Honourable Minister of Marine and Blue Economy, H.E. Adegboyega Oyetola, has been commended for his bold decision to appoint Fwdr. Igwe Kingsley Onyekachi as the substantive Registrar and CEO of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN). In a statement issued by Iju Tony Nwabunike, pioneer Chairman of the CRFFN Governing Board, the appointment was described as a pivotal move to restore stability and efficiency to the council, which had been without a CEO since late 2022. “Minister Oyetola deserves accolades for asserting the powers of his office under Section 5 of Act 16 of…
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, is set to provide an in-depth analysis of port infrastructure development at the 7th Annual Conference of the Association of Maritime Journalists of Nigeria (AMJON) on Thursday. The event, scheduled to begin at 10:00 am at Rockview Hotel, Apapa, Lagos, will focus on the theme: “Nigeria’s Maritime/Blue Economy Industry under the Renewed Hope Agenda: What is New.” It aims to explore how President Bola Ahmed Tinubu’s Renewed Hope Agenda and the newly created Ministry of Marine and Blue Economy can unlock the $1.9 trillion potential of Nigeria’s Blue…
The Secretary General of the Maritime Organisation of West and Central Africa (MOWCA), Dr. Paul Adalikwu, will be formally inducted as a Patron of the Association of Maritime Journalists of Nigeria (AMJON) during its 2024 annual conference. The event, scheduled for Thursday at Rockview Hotel, Apapa, Lagos, will highlight Dr. Adalikwu’s exceptional contributions to maritime development in West and Central Africa. Elected in November 2021 for a four-year renewable term, Dr. Adalikwu has been credited with repositioning MOWCA as a regional powerhouse for marine and Blue Economy initiatives. This year’s AMJON lecture, themed “Nigeria’s Maritime/Blue Economy Industry under the Renewed…
The Association of Maritime Journalists of Nigeria (AMJON) has kicked off its 5th Biennial Conference and Awards in grand style, bringing together industry leaders, stakeholders, and policymakers to deliberate on the future of Nigeria’s maritime sector. Speaking at the event, the outgoing AMJON President, Paul Ogbuokiri, highlighted the significance of this year’s edition. “This year is special because we are inducting a new Patron, Dr. Paul Adalikwu, whose sterling leadership as Secretary General of the Maritime Organisation of West and Central Africa (MOWCA) has redefined maritime governance in the region. This induction will be conducted by our current Patron, Chief…
Nigeria, Africa’s largest economy and most populous nation, has significant untapped potential to dominate the African Continental Free Trade Area (AfCFTA). Experts and stakeholders have called for a strategic overhaul of policies and infrastructure to position the country as a frontrunner in this historic trade pact. Speaking on Nigeria’s role in AfCFTA, a freight forwarder and international trade expert highlighted the country’s potential to rival global production giants. “With a population of 223 million, Nigeria is the single largest market in Africa. However, while our exports are growing, they remain disproportionate to our high import volumes. Nigeria has what it…
The Nigerian Shippers’ Council (NSC) has urged maritime stakeholders to back the passage of the Shipping and Port Economic Regulatory Agency Bill 2023, emphasizing its importance in reforming the sector. Speaking at the 2024 annual conference and awards of the Association of Maritime Journalists of Nigeria (AMJON) in Lagos, NSC Executive Secretary/CEO, Barr. Akutah Pius, represented by the Director of Strategic Planning and Research, Rotimi Anifowose, described the bill as a cornerstone for improving port efficiency, promoting fair trade practices, and enhancing Nigeria’s maritime competitiveness. “For a country focused on the Renewed Hope Agenda in the maritime sector, we must…
As the saying goes, a prophet is without honour at home. Most heroes die uncelebrated or honoured by their kith and kin. Often, it is strangers who tell the stories of battles fought, victories won and argue why a man of valour should be decorated and adorned with honour. But, Delta State Governor, Rt Hon Sheriff Oborevwori broke the jinx. He was adorned with the highest honour and celebrated by his kinsmen on Saturday December 7, 2024, amid fanfare and pageantry. He was inducted into the Urhobo Hall of Fame by the apex socio-cultural body, Urhobo Progress Union (UPU), Worldwide.…