Maritime

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Cigarettes Still Flooding to Nigeria Despite de facto Ban on Imports

“In the first part of this investigative series, The New Diplomat had exposed the surplus patterns often deployed in trafficking contraband cigarettes into Nigeria from neighbours. This concluding part reveals how operators in the tobacco industry undermine various local and international tobacco regulations to illegally ship products into Nigeria, denying government the accruable income and…

Awolowo: Nigeria Sells 47% Of Its Cocoa To Netherlands

Mr Olusegun Awolowo, the Executive Director, Nigerian Export Promotion Council (NEPC), says the Netherlands buys 47 per cent of Nigeria’s Cocoa. Awolowo made this known while fielded questions from State House correspondents after a trade agreement between the Netherlands and Nigeria on Tuesday at the Presidential Villa, Abuja. The signing of the agreement was supervised…

Nigeria’s Marine Resources Huge Enough To Sustain Economy, Says NIMASA DG

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that the nation’s marine resources are rich enough to sustain Nigeria’s economy just like in most countries with maritime resources. Speaking at the commemoration of the World Ocean Day held in Lagos, Peterside charged Nigerian maritime stakeholders on the…

Asia, Europe Rushing Nigerian Crude, As Export To U.S. In Record Fall

-- With Agency Report U.S. crude oil imports from Nigeria in July plunged to the lowest level in three years and are continuing to slip as Asian and European buyers increase purchases, trade flow data from Thomson Reuters and market intelligence firms Genscape and Kpler show. A narrowing spread between benchmark Brent and Oman crude futures, trading…

Buhari Flags Off Lekki Deep Seaport Project

President Muhammadu Buhari has flagged off the construction of the Lekki Deep Seaport in Lagos, pledging that Government would give the needed support to the project. Buhari who was represented by his vice, Prof. Yemi Osinbajo, said the project would become one of the largest sea ports in the region, and serve as a hub…

12 Ships Arrive Lagos Ports With Petrol, Other Supplies

The Nigerian Ports Authority (NPA), says 12 ships laden with various products, including petrol, are at the Lagos ports waiting to berth. The NPA disclosed on Tuesday in its daily “Shipping Position” made available to the News Agency of Nigeria (NAN) in Lagos, that eight of the vessels was waiting to berth with petrol. It…

Maritime University Gets Approval To Run Undergraduate Programmes

By Akanimo Kufre In line with the current administration’s commitment to develop the Niger Delta region, Maritime University, Okerenkoko, Delta State, has been granted approval by the National Universities Commission (NUC) to commence undergraduate degree programmes effective from the 2017/2018 academic session. The NUC approved that academic activities commence in three faculties namely; Transport, Engineering…

Gelegele Seaport: Obaseki Signs MoU with China Harbour

The Governor of Edo State, Mr Godwin Obaseki, has signed a Memorandum of Understanding (MoU) with China Harbour Engineering Company Limited (CHEC), for the development of the Gelegele Seaport and other transport infrastructure in the state. The landmark event which held in China today, will see China Harbour Engineering Company, the biggest infrastructure company in…

NNPC Owes Petrol Marketers N800bn

By 'Dotun Akintomide With Agency Report As the blame game continues over the biting fuel situation in the country, the Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole, revealed in a statement on Thursday, but the assurance of members readiness…

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Cigarettes Still Flooding to Nigeria Despite de facto Ban on Imports

“In the first part of this investigative series, The New Diplomat had exposed the surplus patterns often deployed in trafficking contraband cigarettes into Nigeria from neighbours. This concluding part reveals how operators in the tobacco industry undermine various local and international tobacco regulations to illegally ship products into Nigeria, denying government the accruable income and…

Awolowo: Nigeria Sells 47% Of Its Cocoa To Netherlands

Mr Olusegun Awolowo, the Executive Director, Nigerian Export Promotion Council (NEPC), says the Netherlands buys 47 per cent of Nigeria’s Cocoa. Awolowo made this known while fielded questions from State House correspondents after a trade agreement between the Netherlands and Nigeria on Tuesday at the Presidential Villa, Abuja. The signing of the agreement was supervised…

Nigeria’s Marine Resources Huge Enough To Sustain Economy, Says NIMASA DG

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that the nation’s marine resources are rich enough to sustain Nigeria’s economy just like in most countries with maritime resources. Speaking at the commemoration of the World Ocean Day held in Lagos, Peterside charged Nigerian maritime stakeholders on the…

Asia, Europe Rushing Nigerian Crude, As Export To U.S. In Record Fall

-- With Agency Report U.S. crude oil imports from Nigeria in July plunged to the lowest level in three years and are continuing to slip as Asian and European buyers increase purchases, trade flow data from Thomson Reuters and market intelligence firms Genscape and Kpler show. A narrowing spread between benchmark Brent and Oman crude futures, trading…

Buhari Flags Off Lekki Deep Seaport Project

President Muhammadu Buhari has flagged off the construction of the Lekki Deep Seaport in Lagos, pledging that Government would give the needed support to the project. Buhari who was represented by his vice, Prof. Yemi Osinbajo, said the project would become one of the largest sea ports in the region, and serve as a hub…

12 Ships Arrive Lagos Ports With Petrol, Other Supplies

The Nigerian Ports Authority (NPA), says 12 ships laden with various products, including petrol, are at the Lagos ports waiting to berth. The NPA disclosed on Tuesday in its daily “Shipping Position” made available to the News Agency of Nigeria (NAN) in Lagos, that eight of the vessels was waiting to berth with petrol. It…

Maritime University Gets Approval To Run Undergraduate Programmes

By Akanimo Kufre In line with the current administration’s commitment to develop the Niger Delta region, Maritime University, Okerenkoko, Delta State, has been granted approval by the National Universities Commission (NUC) to commence undergraduate degree programmes effective from the 2017/2018 academic session. The NUC approved that academic activities commence in three faculties namely; Transport, Engineering…

Gelegele Seaport: Obaseki Signs MoU with China Harbour

The Governor of Edo State, Mr Godwin Obaseki, has signed a Memorandum of Understanding (MoU) with China Harbour Engineering Company Limited (CHEC), for the development of the Gelegele Seaport and other transport infrastructure in the state. The landmark event which held in China today, will see China Harbour Engineering Company, the biggest infrastructure company in…

NNPC Owes Petrol Marketers N800bn

By 'Dotun Akintomide With Agency Report As the blame game continues over the biting fuel situation in the country, the Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole, revealed in a statement on Thursday, but the assurance of members readiness…

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