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NIWA, NPA, NIMASA move to clamp down on illegal barge, jetty operators in Lagos

NPA

The Nigerian Inland Waterways Authority (NIWA), Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA) have come under one umbrella known as Federal Maritime Agencies Committee on Activities of Barge Operations on Lagos waterways, to clamp down on illegal barge and jetty operators around the kirikiri Lighter Terminal. During a massive enforcement […] Read Full Story

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PVK Nigeria launches value driven products for next generation leaders

PVK Nigeria

Determined to develop products that reinforces strong leadership value among Nigerian youths, Pretty Valued Kids Nigeria has launched a wide range of character-building products into the Nigerian market. The newly launched products are range of character-building products that children use every day including t-shirts, shirts, throw pillows, hand sanitizers, water bottles, mugs, story books, journals, […] Read Full Story

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SIFAX Logistics acquires 25 new trucks to expand haulage capacity

Adewale Adetayo

SIFAX Logistics Company Limited, one of SIFAX Group’s subsidiaries whose business offerings include haulage, clearing and forwarding, groupage and shipping, has perfected plans to increase its operational capacity through the acquisition and injection of 25 new trucks to boost its operations. Adewale Adetayo, general manager, Haulage, said there is a need to make the investment […] Read Full Story

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NIMASA receives presidential approval to disburse over $200m Cabotage Fund 18 years after

"Three ships by a dock"

The Nigerian Maritime Administration and Safety Agency (NIMASA), said it has received the approval of President Muhammadu Buhari to disburse the Cabotage Vessel Financing Fund (CVFF) to qualified indigenous maritime operators in line with the Treasury Single Account (TSA) policy and the CVFF Guidelines of 2006. The Cabotage Fund was established alongside the Nigerian Coastal […] Read Full Story

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Exporters losing millions of naira to alleged product theft by syndicate at ports

Exporters as well as the Federal Government is currently losing hundreds of millions of naira annually to alleged syndicates specialised in stealing export goods at the nation’s seaports, Police Investigation Report, has confirmed. The loss, which is estimated at N500 million annually, is also seen to have been undermining the government’s efforts of economic diversification […] Read Full Story

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IWD: Stallion-Bajaj plans to establish Africa’s first women-only assembly plant

Stallion-Bajaj

Stallion-Bajaj Alliance, the distributor of Bajaj 3-wheeler and 4-wheeler intracity smart cab, is perfecting plans to establish Africa’s first women-only assembly plant in Nigeria in line with its target of significantly growing its female representation to 35 percent by the end of 2022. Also, the company, which aims at training and absorbing 500 female technicians […] Read Full Story