By Sylvanus OBASI The President of Badagry Chamber of Commerce Industry Mines and Agriculture (BACCIMA), Mr. Yahaya Oladiran Idirs has posited that the proposed deep seaport in Badagry will thrive because Badagry has a lot of economic potentials that can support it. Idris made this known while interacting with members of the Executives of the…
By Sylvanus OBASI The Federal Inland Revenue Service (FIRS) has recognized SIFAX Group for its significant contribution to Nigeria’s tax revenue growth and compliance efforts in 2024. During an appreciation visit to SIFAX Group’s headquarters in Lagos, Mr. Kazeem Olanrewaju, Head of the Taxpayers Service Unit at FIRS’ Lagos Mainland West Medium Taxpayers Office, announced…
The Vice President, Air and Logistics of the National Association of Government Approved Freight Forwarders (NAGAFF), Segun Musa, has criticized Nigeria’s (African Continental Free Trade Area) AfCFTA coordination body, accusing it of failing to demonstrate the seriousness needed to maximize the benefits of the African Continental Free Trade Area (AfCFTA). In a recent interview, Musa…
…Highlights Strategic Impact by MARAN Advocacy, NIMASA, TANTITA On Security A group, Sea Empowerment Research Centre has said that Nigeria Maritime industry in 2024 boasts of necessary fundamentals enough to engineer growth and development if properly harnessed. It however noted that the industry is hampered by several challenges including the issue of safety and security…
The Nigerian Maritime Administration and Safety Agency (NIMASA) says it is monitoring the oil spill which occurred on Saturday, December 14, 2024 at the Shell Petroleum Development Company (SPDC) loading terminal, SMI, in Bonny, Rivers State. PLATFORM REPORTERS gathered that the incident resulted from a ruptured pipeline. SPDC has promptly shut down the affected pipeline…
By Sylvanus OBASI In alignment with President Bola Ahmed Tinubu GCFR’s commitment to enhancing Nigeria’s investment climate and increasing domestic gas utilisation, the Nigeria Customs Service (NCS) announces the implementation of fiscal incentives under the Presidential Gas for Growth Initiative. Pursuant to Part 1, Section 5 of the Customs and Excise Tariff Act, machinery, equipment,…
Face Of Maritime International (FOMI) recently paid a courtesy visit to the management of Melsmore Marine Nigeria Ltd, a marine services company for its support to the brand during FOMI 2024 Women Empowerment programme/Grand Finale earlier held in Sept this year. The visit also afforded FOMI Management the opportunity to express its appreciation to the…
By Sylvanus OBASI As part of efforts to strengthen border management, the Nigeria Customs Service (NCS) has reinvigorated its 2025 Enforcement Strategy. This strategy is aimed at removing bottlenecks associated with trade, strengthening border security, combating smuggling, and facilitating legitimate trade. Consequently, the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, MFR, has approved the reduction…
By Sylvanus OBASI The Vice President, Air and Logistics of the National Association of Government Approved Freight Forwarders (NAGAFF), Segun Musa, has raised concerns about Nigeria’s preparedness for effective participation in the African Continental Free Trade Area (AfCFTA). In a recent interview, Musa highlighted the country’s infrastructural deficiencies and lack of production capacity, warning that…
..As Court Awards Over N200m Compensation To Businessman. By Sylvanus OBASI The Court of Appeal in Kaduna has ruled that the Nigeria Customs Service (NCS) cannot confiscate foreign rice from buyers in open markets or on highways, restricting its enforcement authority to land borders. Delivering the judgment on Wednesday, Justice Ntong Ntong, speaking for the…
