In 2026, Customs hopes to earn N11.07tr
NIGERIA Customs Service (NCS) has set an ambitious revenue target of N11.07 trillion for 2026, despite concerns that reduced import…
Shippers’ Council Saves Nigeria’s Economy ₦90.60bn, $1.348m
IN two years, the Nigerian Shippers’ Council (NSC) has contributed to saving Nigeria’s economy a total of ₦90.60 billion and…
Ibru Jetty Tank Farm Fire Put Out
THE Lagos State Fire and Rescue Service, in collaboration with the Nigerian Ports Authority and the Nigerian Maritime Administration and…
Terminal operators invest over $1b in Nigeria’s ports
TERMINAL operators have invested over $1 billion in Nigeria’s port industry since the concession programme began two decades ago, with…
NPA Sets Up Multi-Agency Task Force to End Renewed Port Access Gridlock
THE Nigerian Ports Authority (NPA) has launched a multi-agency task force in response to traffic congestion at the Lagos port,…
Maritime Round-Up
MAJOR developments in Nigeria’s maritime sector include the Federal Executive Council’s approval of ₦286 billion for dredging the Escravos Channel…
Maersk Line Allegedly Abandons 150 Cargo Shipments at Apapa Port
Maersk Line has allegedly abandoned over 150 cargo shipments at Apapa Port, raising alarms from the National Shippers’ Association of…
Truckers, Cargo Owners Lose Over N85bn Annually To Extortion Along Lagos Ports’ Corridors
NIGERIA’S Apapa and Tin Can Island port access roads are plagued by extortion, with truckers and cargo owners reportedly losing…
Nigeria losing up to N5tr annually to logistics inefficiencies
NIGERIA incurs annual losses ranging from N3.5 trillion to N5 trillion due to logistics inefficiencies, as noted by a logistics…