Fresh crisis looms in the nation’s maritime sector as dock workers unions including truck drivers are threatening to shut down the Lagos ports over alleged extortion by the state’s enforcement agencies. But while the unions have issued the warning, another key industry body, Council of Maritime Transport Unions and Associations (COMTUA), has dissociated itself from…
The Nigeria Customs Service (NCS) has canceled the declarations it made during implementation of the four per cent Free on Board (FoB) charges. NCS consequently urged stakeholders to recapture their entries. National Public Relations Officer, Assistant Comptroller -General of Customs, Abdullahi Maiwada disclosed this in a statement. He said: “Sequel to the earlier press release…
A coalition of 69 international nongovernmental organizations, led by Corporate Accountability and Public Participation Africa (CAPPA), has urged the United Nations International Maritime Organization (IMO) to reject biofuels as a Global Fuel Standard (GFS) for international shipping. The IMO’s GFS is a technical measure aimed at reducing greenhouse gas (GHG) emissions from ships, in line…
The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has petitioned the Federal Government, warning that the International Cargo Tracking Note (ICTN), as proposed by the Nigerian Shippers’ Council (NSC), contradicts trade facilitation principles. They warn it would also lead to increased costs and inefficiencies in cargo clearance. The Council also opposed the…
‘An Assistant Comptroller of the Nigeria Customs Service (NCS), Clement Amaweh, has stressed the importance of promoting Cross Border Trade (CBT) to enhance Nigeria’s economic growth Amaweh, the officer-in-charge of Ohumbe Outstation, Yewa North, made the statement while delivering a lecture during the Festival of Art for Economic Development in Idiroko, Ogun. The programme had:…
Stakeholders in the nation’s economy have advised the Nigerian Customs Service (NCS) not implement four per cent Freight on Customs System (FCS) fee it announced on February 5 this year. Rather, they urged the NCS to engage in wider consultation. Yesterday, the Lagos Chamber of Commerce and Industry (LCCI) called on the NCS to suspend…
As Nigerians await the implementation of the 50 per cent telecoms tariff hike approved by the Federal Government through its agency, the Nigerian Communications Commission (NCC); another four per cent hike by the Nigerian Customs Service (NCS) and yet another 65 per cent from the electricity sector, the citizens were dazed with another 15 per…
The Federal Government will begin the implementation of the International Cargo Tracking Note (ICTN) across the nation’s ports by the second quarter (Q2) of this year. The Executive Secretary/CEO of the Nigerian Shippers Council (NSC), Mr Pius Ukeyima Akutah revealed this in Ibadan, yesterday. Akutah spoke during the Five Year Strategic Management Retreat held with…
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has defended the N12.2 billion budget proposal of the ministry for 2025. The ministry is proposing N11,770,533,003 for the capital budget and N453,856,327 for overhead. The budget was defended at the National Assembly before the Joint Committee of the Senate on Marine Transport and House Committees…
