Bashir Jamoh gets Buhari’s nod to replace Dakuku as NIMASA chief
Businessam StaffMarch 4, 2020
President Muhammadu Buhari has approved the appointment of Bashir Jamoh as the director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA). Jamoh will replace Dakuku Peterside who was appointed in 2016 to head the maritime agency. Peterside’s tenure as NIMASA DG ends on March 10, 2020. The newly appointed DG is currently the executive […]
Waiver of tariffs on charitable goods: Lives trapped between trust and goodwill
Samson EchenimMarch 4, 2020
Distrust by government agencies and perceived importers dishonesty are leading to over regulation of movement of donated items and aids funds from abroad into Nigeria as the population of displaced and vulnerable persons grows by the day. Charity organisations and shippers of charitable goods have called the Nigerian government to review regulations to eliminate bottlenecks […]
Why Dakuku failed to appear before NASS joint c’ttee investigating activities of foreign ships in Nigeria—NIMASA
Samson EchenimMarch 4, 2020
By Samson Echenim The Nigerian Maritime Administration and Safety Agency (NIMASA) says its director-general, Dakuku Peterside was not able to appear before the National Assembly joint committee investigating activities of foreign ship owners in Nigeria because he had to stay at the agency’s headquarters to welcome House Committee on Maritime Safety Education and Administration who […]
2020 World Ports Conference cancelled over coronavirus
Samson EchenimMarch 4, 2020
By Samson Echenim The World Ports Conference slated for March 17 to 19, 2020 in Antwerp, Blegium has been cancelled as coronavirus concerns continue unabated. Promoters of the global shipping event, the International Association of Ports and Harbors (IAPH) said the difficult decision to cancel the epoch-making event followed extensive consultation with organiser IHS […]
Buhari moves to remove Customs, other security agency heads over 295 tankers of smuggled fuel
Samson EchenimMarch 1, 2020
By Samson Echenim President Muhammadu Buhari will removed heads of border Customs commands and other security agency heads involved in smuggling of 295 tankers of fuel around the country’s borders in Ogun, Lagos, Katina and Adamawa. The revealed in series of tweets on Saturday that he had approved the recommendations of a panel of inuiry […]
Shipping lines may lose $1.7bn to Coronavirus – Report
Businessam StaffFebruary 28, 2020
A Copenhagen-based analysis company, Sea-Intelligence, has predicted that international shipping lines may lose $1.7bn in revenue following the impact of coronavirus outbreak on the international shipping sector. The research agency also suggested that Maersk Line could face the worst revenue downfall from COVID-19 since China represents 30 per cent of its annual shipping volume. The […]
Lawmakers, shippers’ council move to eliminate bottlenecks in charitable goods importation
Samson EchenimFebruary 28, 2020
By Samson Echenim The Office of the Deputy Senate President and the Nigerian Shippers Council (NSC) are collaborating to end delays in the processing of documents for importation and clearance of charitable goods into Nigeria, as the country faces severe humanitarian concerns. Distrust by government agencies and perceived importers dishonesty are leading to over regulation […]
Coronavirus puts Nigeria’s Tin Can Customs’ N540bn under check after unit raised 2020 revenue target by 70.3%
Samson EchenimFebruary 26, 2020
By Samson Echenim …as unit sensitise Customs officers on epidemic Nigeria’s largest revenue earning Customs formation, the Tin Can Port Command in Lagos, fears it may no longer meet its self-imposed N540 billion revenue target for 2020 on fears of negative impact the dreaded Coronavirus is having on global trade. The command raised its revenue […]
Nigeria loses N20bn to sharp practices by importers
Samson EchenimFebruary 26, 2020
By Samson Echenim Sharp practices by importers to beat products standards regulations have led to a loss of no less than N20 billion in the last one decade. According to Tony Nwabunike, leader of Nigeria’s largest association of customs brokers, ANLCA, in the last 10 years, members of the association have been losing approximately N2 […]
ANLCA urges Customs to integrate SON into Nigeria’s trade digital platform as AfCFTA beckons
Samson EchenimFebruary 26, 2020
By Samson Echenim As the African trade community readies for implementation of the continent-wide African Continental Free Trade Agreement (AfCFTA), Nigeria’s largest body of licensed customs brokers, the Association of Nigeria Licensed Customs Agents (ANLCA) has called on the country’s customs service to integrate the Standards Organisation of Nigeria (SON) into its digital trade platform […]