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Lingering challenges, poor infrastructure undermine Nigeria's chances at IMO | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Nigeria’s continued under-development of its shipping industry, poor infrastructure at the ports, pollution, unease of doing business, absence of synergy between government and foreign trade partners....

Lagos , Nigeria , Benin , Togo , United-states , London , City-of , United-kingdom , Lagos-state , Nigerian , America , Nigerians

Exporters seek govt action over N90bn loss to lingering port bottlenecks

Exporters seek govt action over N90bn loss to lingering port bottlenecks
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

Apapa , Lagos , Nigeria , China , Tin-can-island , Malaysia , India , Nigerian , Segun-musa , Jonathan-nicol , Nofiu-inaolaji , Medium-enterprises-smes

The POF Controversy

The POF Controversy
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Lagos , Nigeria , Nigerian , Samuel-nwakohu , Francis-uchechukwu-aniezechukwu , Muhammudu-buhari , Emmanuel-onyema , Okokon-udo , Eromosele-abiodun , Zainab-ahmed , Suleiman-ayokunle , Emmanuel-njoku

Freight Forwarders fight bonded terminals over substandard facilities

Freight Forwarders fight bonded terminals over substandard facilities
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

Nigeria , Nigerian , Hameed-ali , Boniface-aniebonam , Godfrey-bivwere , Nigerian-customs-service , Nigeria-customs-service , National-association-of-government-approved-freight-forwarders , Appeal-court , Akwa-ibom , Indicts-customs , National-association

War Risk Insurance: Uniting for a common goal

Director-General, NIMASA, Bashir JamohThe reason underwriting firms around the world have given for the very high premium (the highest in the world) they place on cargoes coming to Nigeria has been the perception of the Gulf of Guinea as the most unsafe and least secure maritime environment in the world.
This has seen Nigerians paying very exorbitant costs for imported goods and raw materials, for the simple reason that about 65 per cent of the merchandise that passes through the region come into the country. What this means is that for each imported product; for each made-in-Nigeria product manufactured with imported raw materials, Nigerians pay a high price because of the insecurity in the Gulf of Guinea.

Nigeria , Lagos , Nigerian , Nigerians , Bashir-jamoh , Department-of-state-services , Safety-agency , Lagos-chamber , Nigerian-army , National-insurance-commission , International-maritime-organization , National-association-of-government-approved-freight-forwarders

FG Moves to Blacklist Shipping Companies over Tariff Hike

Eromosele Abiodun
The federal government has announced that it will not accept any further increase in tariff at the nation’s seaports.
In a yet to be published circular obtained by THISDAY, titled, “Public Notice to Terminal Operators, Shipping Companies and Other Regulated Service Providers in the Port Sector,” the Nigerian Shippers Council (NSC) said it will not accept any tariff increase that will put more burden on shippers and consumers.
It warned that any service provider that unilaterally increases its charges/rates would be blacklisted and sanctioned accordingly.
According to the NSC, “It has come to the notice of the Nigerian Shippers Council that some terminal operators and shipping companies have published notices of proposed increase in tariff.

Lagos , Nigeria , Nigerian , George-okafor , Ascanio-russo , Chinedum-ogueke , Eromosele-abiodun , Emma-ohambele , Other-regulated-service-providers , Nigeria-shippers-council-act , Nigeria-shippers-council-local-shipping-charges-on , Nigeria-shippers-council

Freight Forwarders Endorse Review of Charges by PTML

Freight Forwarders Endorse Review of Charges by PTML
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Lagos , Nigeria , Nigerian , George-okafor , Ascanio-russo , Chinedum-ogueke , Emma-ohambele , Eromosele-abiodun , Association-of-registered-freight-forwarders-nigeria , Terminal-multipurpose-limited , Nigerian-ports-authority , Grimaldi-agency

Breaking News | Freight Forwarders, PTML Agrees On Review Of Charges By 50 Percent

The Streetjournal Magazine is an online investigating media house that specializes on systematic, serious crimes, political corruption or corporate wrongdoing.

Lagos , Nigeria , Nigerian , George-okafor , Ascanio-russo , Godwin-oritse , Chinedum-ogueke , Emma-ohambele , Association-of-registered-freight-forwarders-nigeria , Terminal-multipurpose-limited , Nigerian-ports-authority , Grimaldi-agency

Nigerians to pay more for imported vehicles from June 1

Nigerians to pay more for imported vehicles from June 1
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

Nigeria , Tokunbo , Nigeria-general , Nigerian , Nigerians , Hassan-bello , Frank-ogunojemite , Segun-musa , Ayokunle-sulaiman , Iwayeye-olatunji , Toyota-corolla , Nigerian-customs-service

Breaking News | Nigerians To Pay More For Imported Vehicles From June 1

• Dealers lament rising cost, low patronage for used vehicles
• This is a ploy to discourage vehicles importation, stakeholders allege Beginning from June 1, 2021, Nigerians with a low budget would be unable to purchase cars while those with a high budget will pay double, as terminal operators have announced a 50 per cent increase in terminal handling charges.
Two Roll On Roll Off (RORO) terminals at the Tin Can Island Port, Ports and Terminal Multipurpose Limited (PTML) as well as Five Star Logistics Terminal had two weeks ago announced an increase in their terminal handling charges by 50 per cent.
According to the circular released by both terminal operators, the increment is expected to take effect from Tuesday next week. However, the terminals have blamed the increment on inflation and huge operational cost due to the nature of Nigerian ports, among others.

Nigeria , Tokunbo , Nigeria-general , Nigerian , Nigerians , Hassan-bello , Frank-ogunojemite , Segun-musa , Ayokunle-sulaiman , Iwayeye-olatunji , Toyota-corolla , Nigerian-customs-service