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Tag "maritime industry"

E-valuation: Over 12,000 imported vehicles trapped at Lagos ports over strike, says group

    E-valuation: Over 12,000 imported vehicles trapped at Lagos ports over strike, says group

The industrial action by freight forwarders at Lagos Ports is worsening the plight of maritime stakeholders as over 12,000 imported vehicles are trapped. By implication, this means that demurrages are

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Investment windows are open in Nigeria’s maritime industry, Amaechi tells foreign investors

    Investment windows are open in Nigeria’s maritime industry, Amaechi tells foreign investors

Rotimi Amaechi, minister of transportation, has called on foreign investors to invest in critical areas of Nigeria’s maritime industry, adding that investment windows are currently open. Eric Ojiekwe, his director

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Nigeria loses $26.3bn annually to piracy, says Buhari

    Nigeria loses $26.3bn annually to piracy, says Buhari

President Muhammadu Buhari says Nigeria loses an estimated $26.3 billion annually to piracy and other forms of criminality perpetuated on waterways. The International Maritime Bureau (IMB), a division of the

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