Badagry Port
Business Maritime Top Story

Badagry Seaport gets $2.59bn FEC vote for take-off

The Badagry Deep Seaport project in Lagos State received a boost on Wednesday when the Federal Executive Council (FEC) meeting in Abuja approved 2.59 billion dollars for its development. The Minister of Transport, Muazu Sambo made this known while addressing State House correspondents on the outcome of the council meeting with his counterparts from the Read More…

Business Imports Maritime Metro

Lagos seeks hike in wharf landing fees rate

The Lagos State Government Wharf Landing Fee Collecting Authority (LASGWLFCA) has approached the State Assembly for an upward review of the wharf landing fee collected on all imported goods into Nigeria through Lagos ports. The Chairman of the agency, Adegboyega Adebayo stated this on Tuesday when he received executives of the Importers Association of Nigeria Read More…

Business Infrastructure Maritime Top Story Trade

Amaechi tasks contractors to speed up Lekki seaport, 90 per cent completed

The Minister of Transportation, Mr Chibuike Amaechi, has urged contractors of the Lekki Deep Seaport Project to speed up work to enable the government to approve all the necessary processes before the next election. Amaechi made this known in a statement on Saturday while inspecting the ongoing construction of the Lekki Deep Seaport Project in Read More…

Business Featured Maritime

Experts suggest new Nigerian shipping line to boost GDP

Experts on Friday urged the Federal Government to consider having a national fleet for the maritime industry to effectively contribute its quota to the country’s Gross Domestic Product (GDP). They made the appeal in separate interviews with the News Agency of Nigeria (NAN) in Lagos. Mr Greg Ogbeifun, Chairman and Chief Executive Officer of Starzs Read More…

Business Featured Maritime

NIMASA issues 3-month ultimatum for cabotage registration

The Nigerian Maritime Administration and Safety Agency (NIMASA), has issued a three-month ultimatum to companies engaged in cabotage services in Nigeria, to register all vessels used in coastal and inland waters for such operations. Mr Philip Kyanet, Head, Corporate Communications, NIMASA, issued the ultimatum in a statement on Sunday in Lagos. Kyanet said that in Read More…

Business Featured Infrastructure Maritime

Lagos-Ibadan rail project expected to decongest Apapa port

The federal government says with the linkage of 156km Lagos-Ibadan standard gauge rail line to Apapa seaport and construction of dry port in Omi Adio, near Ibadan, the perenial congestion in Apapa will be a thing of past. The Minister of Information and Culture, Alhaji Lai Mohammed stated this on Friday when he featured on Read More…

COVID19 Featured Maritime Taxes & Duties

COVID-19 : FG considers tax incentives for maritime sector

The Federal Ministry of Transportation is proposing tax incentives for the maritime industry to stimulate investment and boost activities, amid downturn caused by COVID-19 pandemic. The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, disclosed this in a statement in Lagos on Wednesday. Jamoh who conveyed the ministry’s position to Read More…