LAGOS MARCH 6TH (NEWSRANGERS)-Fresh facts have emerged on why Dakuku Peterside was not favoured to sit for another four years as Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA). Besides the inability of Peterside to develop indigenous shipping tonnage, his failure to curb piracy in the nation’s territorial waters and a frosty…
LAGOS MARCH 5TH (NEWSRANGERS)-A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the port in Apapa, Lagos than it is to move them from the ports in Ghana and South Africa. The Apapa and Tincan Island ports, which is Nigeria’s busiest port terminal, has suffered…
LAGOS MARCH 5TH (NEWSRANGERS)-Vehicles worth an estimated ₦70 billion are wasting away in the Nigeria Customs Service warehouses due to a halt in the e-auction process. The Nigeria Customs Service (NCS), among other duties, regulates vehicles imported into the country. Shipments that fail to meet the stipulated regulations are seized and kept in the command’s…
LAGOS MARCH 2ND (NEWSRANGERS)-The President of the African Development Bank, Dr. Akinwumi Adesina has said that the bank is set to create 9 million direct and indirect jobs in the next 5 years. The President made this known during his keynote speech at the 8th African Leadership Magazine Persons of the Year event, which held at…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-Amidst sustained outrages on over billing, the Nigerian Electricity Regulatory Commission (NERC) has barred the 11 Distribution Companies (DisCos) from charging residential customers above an average of N1,800 monthly until they are metered. In an Order 197 signed by the Chairman, Prof. James Momoh and the Commissioner, Legal, Licencing & Compliance, Dafe…
LAGOS FEBRUARY 27TH (NEWSRANGERS)-The Association of Nigerian Licensed Customs Agents ANLCA disclosed on Tuesday, that customs brokers and freight forwarders in Nigeria have lost about N20b cumulatively as a result of fake and substandard importations into the country in the last ten years. National President of the foremost freight agents group , Tony Nwabunike made…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-The Director-General, Standards Organization of Nigeria (SON), Engr. Osita Aboloma, will tomorrow in Lagos meet with maritime stakeholders on the agency’s new operational system. The event, which holds at the Rockview Hotel, Apapa, has as its theme: “Facilitating Trade Through SON Automated Services”. THE POWERFUL PEN learnt that the 10.00am sensitisation event…
LAGOS FEBRUARY 25TH (NEWSRANGERS)-Two officers of the Nigeria Customs Service, NCS, have been reported dead on Sunday from a ghastly road accident in Akwa Ibom State. It was reported that the yet-to-be identified officers died while their van was chasing a Toyota Sienna bus, suspected to be conveying rice at Urua Ita, Oron axis section…