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Business and Economy

Apapa gridlock: Stay away from Lagos for now, Govt orders truck owners …Says order to subsist pending clearing of traffic spillover …Attributes bottleneck to breakdown of operations at Ports …Deploys RRS, LASTMA, LASEMA to enforce directive at State borders

Worried by the recent traffic bottleneck that has taken over Apapa and its environs, the Lagos State Government on Friday directed owners and operators of articulated vehicles/trailers and petroleum tankers to stay away from Lagos for now. The State Government in a press conference jointly addressed by officials of the …

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Africa is the next maritime investment haven – NIMASA DG …Charges African countries to develop maritime infrastructure

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that with the potentials of the African maritime sector, competitive operating environment, proper regulation, incentives and infrastructural development; Africa would be the next maritime investment haven. Dr. Peterside who made this known while speaking on the theme “Promoting Sustainable …

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SERAP to Saraki: Tell Nigerians if it’s true that a Senator gets over N3bn yearly

  Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Dr Bukola Sakari to “urgently explain to Nigerians if it is true that a Nigerian Senator gets N29 million in monthly pay, and over N3 billion a year.” Professor Itse Sagay, Chairman Presidential Advisory Committee against Corruption (PACAC), …

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Revenue performance: Federal Government commends NIMASA …Finance Minister, AGF acknowledges Agency’s increased contribution to CRF.

The Federal Government through the Ministry of Finance and the Office of the Accountant-General of the Federation has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for its revenue performance in the past one year. The Minister of Finance, Mrs. Kemi Adeosun who disclosed this at a workshop in …

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Policing: An integral element of a viral maritime sector – NIMASA DG …Assures Nigerian Police Force of continuous collaboration

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that effective policing is an essential component of the development and growth process of the Nigerian Maritime sector. The DG stated this while receiving a delegation of the Police Force, Maritime Command led …

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Sekibo, Alli, others to discuss ways of unlocking infrastructure financing at FICAN Conference

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo, the President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the …

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FG restates support for investors in mining …wants community engagement done through state governments …..as Nigeria’s nickel discovery forms major highlights at Australia conference

The Federal Government has restated its support for the success of the nickel project as well as other genuine investors in the mining sector as a way of actualising its economic diversification plan. It however urged investors in the sector to engage and build mutually beneficial relationships with the host …

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Indigenous Nigerian companies, supported, can become huge multinationals – Chief Umeofia, Erisco Goup boss

TOPIC: MADE IN NIGERIA PRODUCTS: THE ONLY VEHICLE FOR SUSTAINABLE DEVELOPMENT A PAPER PRESENTED BY CHIEF ERIC UMEOFIA (IKUKU-OMA, AMICHI), PRESIDENT/ CHIEF EXECUTIVE OFFICER OF ERISCO FOODS LIMITED ON THE OCCASION OF THE 18TH MIKE OKONKWO ANNUAL LECTURE, AT SHELL HALL, MUSON CENTRE, ONIKAN, LAGOS ON TUESDAY SEPTEMBER 05, 2017 …

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