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Showing posts from February 9, 2018

WE SHALL ENFORCE QUICK PAYMENT OF CONCESSION DUES AND SANCTION DEFAULTERS……HADIZA

The Managing Director of Nigerian Ports Authority NPA, Hadiza Bala Usman has reiterated the commitment of Management at ensuring that outstanding payments and dues meant for the NPA coffers by Stakeholders are remitted as quickly as possible .This she stated would provide an enabling environment for efficient Port services in view of the vital role the Maritime sub sector plays.
According to the MD, Management has put in place a machinery at ensuring that there is a level playing field for Operators doing business in the sector using the Ports as it would ensure that rules guiding Port Operations are strictly adhered to the latter. The NPA helms person made these remarks a Quarterly Meeting between Management and the Stakeholders in the Maritime Subsector in the Lagos area for the year held at the Rock view Hotels, Apapa.
She further used the opportunity to inform the gathering that Management has set in motion a committee to liaise with representatives of Terminal Operators with the v…

Solid Minerals Consignment Take Off Nigeria Ports Terminals

The Managing Director of the Nigerian Ports Authority Hadiza Bala Usman has flagged off the first export consignment of manganese, a solid mineral resource from the Ikorodu lighter Terminal even as  management is keen on provisional intermodal transport as part of efforts to further decongest the Apapa Port axis. Speaking at the event the Managing Director said that “NPA is ready to partner with any agency or company which will give a pride of place to intermodal transport as the continuous reliance on our road is no longer feasible and should be discouraged’’. Usman added that this event is of huge economic advantage to the country and that using barges to ferry containers of solid mineral across the waters to the APM Terminal within Apapa Ports will help to elongate the life of our roads as this mode of export will be most encouraged. Furthermore the Managing Director stated that the occasion is an eye opener and also serves to generate more revenue for the nation and provide employme…
After four and a half years at the UK Chamber, Guy Platten is to step down as CEO to take on the role of Secretary-General at the International Chamber of Shipping (ICS). Platten will replace Mr. Peter Hinchliffe who is the current Secretary-General of ICS in the summer. Hinchliffe revealed his plans to withdraw from the post early last year. He was appointed Secretary-General of ICS mid-2010. “Whilst excited about the challenge, I shall also be sad to leave the Chamber and I believe we have been on quite a journey since 2014 with much achieved. Thank you for all your support,” Guy said. The UK Chamber said that the recruitment process for Guy’s successor will begin very shortly, but in the interim Guy remains committed to his work at the UK Chamber.

Nigeria Gas Flare Rate Increases to 12 Percent

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The Gas flare rate in Nigeria stands at 12.00 per cent, the Nigerian National Petroleum Corporation (NNPC) Monthly Financial and Operations Report for August has revealed.
The monthly report which was released today in Abuja said that the 12.00 per cent gas flare rate which translates to 919.73mmscfd was at August 2017 compared to 10.03 per cent for the preceding month of July 2017.
Nigeria was among countries with highest gas flare rates, but a number of Clean Development Mechanism (CDM) projects aimed at appropriate gas utilization have improved the country’s standing in this the regard.
The report gave an average gas flare rate of 10.15 per cent, which is 734.56mmscfd, for the period August 2016 to August 2017.
The monthly report also showed that despite enormous challenges facing the downstream sub-sector of the Petroleum Industry, the NNPC has continued to maintain adequate products supply nationwide.
It attributed the success story to strategic interventions by the Corporation …

CUSTOMS RECORD GAINS AGAINST SMUGGLING

.......Intercepts over 1billion naira worth of contraband in the last one month.

Sandra Ukele
The Federal Operations Unit of the Nigeria Customs service has intercepted various contraband with a duty paid value totalling One billion,six hundred and eighteen million,one hundred and seventy seven thousand,six hundred and sixty one Naira, fifty kobo (1,618,177,661.50).
Addressing Newsmen on Tuesday in Lagos, the Controller Federal Operations Unit, Zone A, Ikeja Mohammed Uba said the seizures were carried out between January 1 and 31st this year.
The seized items include: 31 assorted vehicles, 8,400 bags of foreign parboiled rice, 1,652 cartons of frozen poultry products,835 jerry cans of vegetable oil, 10 sacks bag of Indian hemp, 2,208 pieces of used tyres, 159 bales of used clothing among others.
The detained vehicles include: 4 Rolls Royce,1 porche panamera, 1 Jaguar, 1 Bentley, 2 Lexus jeep, 2 G wagon, 1 Toyota land cruiser, 5 Toyota Corolla, 7 Mercedes Benz among others, mostly 2017 …