Caverton Marine Limited has signed a concession agreement with Naval Dockyard Limited dwelling on the management, overhaul, and leasing of the boat building Glass Reinforced Plastic (GRP) Warehouse. The signing ceremony held at the Naval Dockyard, Victoria lsland, Lagos, yesterday marked a significant advancement in the development of Nigeria’s marine infrastructure. The agreement underscores…
The Nigeria Customs Service (NCS), Western Marine Command, Lagos has impounded 1,658 loaves of cannabis sativa, weighing 788 kilograms from three suspects all of which have been handed over to the National Drug Law Enforcement Agency (NDLEA). The seizures, alongside other confiscated contraband, had a total Duty Paid Value (DPV) of N182.1 million. The handover…
Nigerian maritime and logistics company Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement of operations of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within the Snake Island Integrated Free Zone. The concession is for a period of 45 years with an optional extension. Nigerdock’s…
The Nigeria Customs Service (NCS), Apapa Area Command has generated N2.01trllion as at November 19 this year despite the decline in the volume of trade, Customs Area Controller (CAC) Babatunde Olomu told officers and men on a parade. He added that the command aims at achieving its N2.2trillion target for this year by the end…
Nigeria’s House of Representatives is set to probe the abandonment of construction work at the Baro port in Niger State. It also urged the government to deploy technology-driven surveillance systems, such as drones and CCTV cameras, to monitor electricity transmission lines. This followed adoption of two separate motions sponsored by Kayode Ismail and Sani Umar…
The Kano Area Command of the Nigeria Customs Service (NCS), says it generated N78.524 billion revenue between January and September. Mr Dauda Chana, the Area Comptroller, disclosed this in a telephone interview with the News Agency of Nigeria (NAN) on Wednesday in Kano. NAN reports that the Kano area command covers Kano and Jigawa states….
The Nigeria Customs Service (NCS), Lilypond Export Command (LEXC) says it processed 405.979 metric tons of export with free-on-board value at $979.3 million in third quarter (Q3) of 2024. The Customs Area Controller of the command, Ajibola Odusanya, disclosed this at a news conference in Lagos. Odusanya said that the command also processed 86,783 metric…
International maritime giant, DP World, has unveiled its plans to develop a multibillion-dollar port project in Nigeria. Group Chairman & CEO of DP World, Sultan Ahmed bin Sulayem, disclosed this during a courtesy visit to Vice President Shettima on the sidelines of the ongoing United Nations General Assembly in New York, United States. The proposal…
Minister of Marine and Blue Economy, Adegboyega Oyetola emphasised the Federal Government commitment to ensuring that maritime agencies under the ministry operate in line with global best standards. He spoke ahead of 2024 World Maritime Day with the theme “Navigating the Future: Safety First”. He said this year’s theme is particularly relevant, as safety is…
