LADOL Hosts Nigeria Customs Staff College to Operational Tour

The Lagos Deep Offshore Logistics Company (LADOL) has received students of the Nigeria Customs Staff College to an operational study tour in it’s Free Zone. The Managing Director of LADOL Dr. Amy Jadesimi said that the success of LADOL and the ability of the Zone to strategically support a wide range of industries is due to the Nigeria Export Processing Zone Authority (NEPZA) platform. Jadesimi stressed that, “since the Zone was designated in 2006 NEPZA had provided an enabling environment, which we understand the Federal Government is now replicating across the country.  According to her, LADOL, as is the case with all NEPZA Free Zones, operates within the ambit of established rules and regulations of the Authority. NEPZA also brings other agencies into the Free Zone, including Nigerian Customs Service, Nigeria Ports Authority, Nigeria Immigration Service and other relevant government agencies. In her words, “When Free Zones are established, each Free Zone has a gazette. So, there are

Celebrating the International Youth Day …10 Resounding Quotes

 Non-Profits and organizations around the world recently marked the International Youth Day. The Tony Elumelu Foundation was not left out. In the webinar tagged, “Investing in Africa’s Future: Youth Empowerment through Entrepreneurship” intellectual discourse on the critical role of the youth in igniting their potential, population, and influence to create mechanisms for sustainable development across the continent was discussed.  The following are 10 notable quotes drawn from the event: We need to do whatever it takes to empower our youths because they are the future of the continent – Wambui Gichuri, African Development Bank (AfDB) Entrepreneurship is an essential part of Africa’s employment challenge and it is where we have to put our focus as a multilateral development bank – Wambui Gichuri, African Development Bank (AfDB)   It is important that governments start looking at entrepreneurship as a fundamental core topic that needs to be integrated into the educational system – Shoro

NIMASA Secures Approval For Disbursement of Cabotage Vessel Financing Fund

  Sandra Ukele The Nigeria Maritime Administration and Safety Agency (NIMASA) has announced it has secured the approval of the federal government to disburse the  Cabotage Vessel Financing Fund (CVFF). The Agency made this known in a virtual meeting held with Shipowners Association of Nigeria (SOAN) at it’s headquarters in Lagos. The Maritime regulator affirmed only the fine details of the scheme were being considered before commencement of pay-out. The Director-General of NIMASA Dr. Jamoh Bashir who headed the webinar described shippers as “the beacon and hub of any developing economy,”  He stated: “The journey to success for the current management of NIMASA depends on the shipowners. “We shall continue to pursue our functions of promoting and regulating shipping in collaboration with shipowners and all relevant stakeholders,” he iterated. Responding to the shipowners’ concerns about the CVFF, Jamoh stated that the Minister of Transportation, Rt. Hon. Chibuike Amaechi, had approved th

Mooring Boat Sinks in Mexico...Two Missing

Sandra Ukele A mooring boat sank at Pajaritos Oil Terminal in Mexico. The boat PEMEX 365 lost control while unmooring crude oi vessell SEA VINE(IMO 926687) in the Gulf of Mexico. The tanker which was loaded with crude was headed for Port Arthur, USA. While conducting unmooring exercises, strong currents created by two assisting tugs propellers, pushed boat towards pier. Boat PEMEX 365 colluded with pier and sank. Seven crew members on board were rescued while two others are still missing. Tanker left harbor Pajaritos as scheduled, ETA Port Arthur Jul 19.

Africa Celebrates World Youth Skills Day

By Tony Elumelu  Foundation July 15, 2020 is World Youth Skills Day (#WYSD2020), and it is an event highlights the importance of equipping the youth with practical skills for employment, entrepreneurship, and leadership. The theme for this year "Skills for Resilient Youth” highlights the resilient ways young people adapt to the changing environment as traditional employment becomes deprioritised and a skills-based economy takes precedence. In addition, with the closure of schools and the data/internet challenges faced in a world increasingly going digital, the COVID-19 pandemic calls for a more resilient youth during this crisis and beyond. Continuing to learn and gain new skills is vital for young people and also central to the achievement of the United Nation’s 2030 Agenda for Sustainable Development, and several virtual events focused on the theme of “Skills for a Resilient Youth” will take place. Combining academic knowledge with practical skills can help young


The sudden arrest of the Acting Chairman, Economic and Financial Crimes Commission (EFCC) Mr. Ibrahim Magu by ofgicials of Department of State Services has been frowned at by members  of CACOL. In a release by the Chairman of CACOL, Mr. Debo Adeniran he stated: “The Centre for Anti-Corruption and Open Leadership, CACOL, received the news of the arrest of the Acting Chairman of Economic and Financial Crimes Commission (EFCC) Mr. Ibrahim Magu by officials of Department of State Services (DSS) with mixed feelings. “We can recall that the arrest is coming barely two weeks after the Attorney-General of the Federation, Abubakar Malami (SAN) reportedly complained to the President, Muhammadu Buhari about Magu’s conduct and advised that he should be relieved of his appointment. The AGF was said to have accused Magu of insubordination and discrepancies in the figures of funds recovered by the EFCC. “Though the details of his arrest is still sketchy, we believed that inasmuch as no one

NIMASA, Nigerian Navy to Combine Efforts in Tackling Maritime Insecurity

Plans are underway to harmonise the training procedures of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy for the facilitation of safety standards of the country's waterways. This was revealed recently when the Director-General of NIMASA, Dr. Bashir Jamoh, played host to the Flag Officer Commanding (FOC), Naval Training Command (NAVTRAC), Rear Admiral Fredrick Ogu, at the Agency’s headquarters. Jamoh highlighted that a large chunk of the Agency’s budget went into the training of its workforce, adding that other stakeholders, including the Nigerian Navy, also benefit from training programmes facilitated by NIMASA in the overall interest of the maritime sector. He affirmed that NIMASA would also look in the direction of naval facilities and how to harmonise the training guidelines to meet the standards required by the International Maritime Organisation (IMO) for certification. According to him: “NIMASA invests so much in the trainin