Sets up one-stop-shop The Nigerian Port Authority, (NPA), has announced the commencement of the sale of crude oil and petroleum products to ?angote Refinery in Naira, and setting-up of a one-stop-shop to enhance smooth sales. This was disclosed on NPA’s X handle, where the Managing Director of the Authority, Abubakar ?antsoho, was quoted saying the implementation of the Federal Governments directive for the NPA to coordinate service provision from all regulatory, security, and other stakeholders for the smooth implementation of the initiative to sell crude oil and petroleum products to…
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FG proposes NIMASA, NPA to collect fees, charges in Naira, instead of Dollars
The Federal Government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) to begin collecting charges, fees, fines and others in Naira rather than in foreign currencies. The Special Adviser to the President on Information and Strategy, Bayo Onanuga disclosed this during a briefing at the state house, Abuja where he noted that it is part of the economic stabilisation bill to be presented by the President to the National Assembly, (NASS). According to him, the proposal is part of effort from…
Read MorePioneer NIMASA Chairman, Ramalan congratulates new NPA MD, Dr. Abubakar ?antsoho
Pioneer Chairman of the Nigerian Maritime Administration and Safety Agency (NIMASA), Alhaji (Dr.) Ahmed Tijjani Ramalan, has congratulated Dr. Abubakar ?antsoho as the new Managing Director of Nigerian Ports Authority, (NPA). Ramalan, in a press statement issued on Monday in Abuja, expressed full confidence in the person of Dr. ?antsoho, describing him as a round peg in a round hole, being a professional Ports Administrator who have served in different capacities at the Nigerian Ports System. According to the former NIMASA Chairman, Dr. Dantsohos appointment is an affirmation of the…
Read MorePioneer NIMASA Chairman, Ramalan congratulates new NPA MD, Dr. Abubakar Dantsoho
Pioneer Chairman of the Nigerian Maritime Administration and Safety Agency (NIMASA), Alhaji (Dr.) Ahmed Tijjani Ramalan, has congratulated Dr. Abubakar Dantsoho as the new Managing Director of Nigerian Ports Authority, (NPA). Ramalan, in a press statement issued on Monday in Abuja, expressed full confidence in the person of Dr. Dantsoho, describing him as a round peg in a round hole, being a professional Ports Administrator who have served in different capacities at the Nigerian Ports System. According to the former NIMASA Chairman, Dr. Dantsohos appointment is an affirmation of the…
Read MoreMaritime: MD NPA knocks CBN Gov. over investor-unfriendly policies
Approves 24 Barge operation licenses The Nigerian Ports Authority (NPA) has blamed the Central Bank of Nigeria (CBN) for the decline in Ship-to-Ship (STS) operations and the dearth of the ship bunkering business in Nigeria, saying that the unfriendly policies of the bank is driving away stakeholders and investors from the business. The NPA Managing Director, Mohammed Bello-Koko, who was represented by Ibrahim Abba Umar, the Executive Director Engineering and Technical Services of NPA, made the assertions during a stakeholders engagement called by the Minister Marine and Blue Economy, Adegboyega…
Read More“NPA MD in coded romance with IOCs breaking Nigerian maritime laws” – Workers Union president
Three months after the Maritime Workers Union of Nigeria (MWUN) suspended its decision to shutdown the nations seaports over refusal of the International Oil Companies (IOCs) and Stevedoring contractors to comply with the Stevedoring extant laws, the union has alleged that Nigerian Ports Authority (NPA) is playing to the gallery with the IOCs. In a chat with newsmen on Friday, the MWUN President-General, Comrade Adewale Adeyanju, lamented that up till now, the Managing Director of NPA, Mohammed Bello-Koko has refused to furnish the union with names of those IOCS that…
Read MoreNIMASA, NPA dollarisation of charges will affect petrol pump price – Oil marketers
Major downstream marketers under the umbrella of the Major Energies Marketers Association of Nigeria, (MEMAN), have raised alarm that the country may face more challenges in the petroleum products distribution and supply chain, going by the current foreign exchange market intricacies. The Executive Secretary of the Association, Clement Isong, made this known at a media forum organised by the association on Thursday, in Lagos. Isong lamented that the market and Nigerians will bear the final brunt of Government policy that allows Nigeria Ports Authority (NPA ) and the Nigerian Maritime…
Read MoreTinubu sacks NIMASA, NPA directors, appoints fresh hands
President Bola Tinubu has appointed some Executive Directors for the Nigerian Ports Authority, (NPA) and the Nigerian Maritime Administration and Safety Agency, (NIMASA). Both agencies are under the Federal Ministry of Marine and Blue Economy. According to a statement issued by the Special Adviser on Media and Publicity to the President, Ajuri Ngelale, yesterday, for the Nigerian Ports Authority, Ms. Vivian C. Richard Edet was appointed Executive Director, Finance and Administration, while Engr. Olalekan Badmus is the Executive Director of Marine and Operations. Engr. Ibrahim Abba Umar would serve as…
Read MoreH/Reps indict NPA, NNPC, NBET, others over N14tr contingent liabilities
Nigeria is currently exposed to N13.9 trillion contingent liabilities, a report by the House of Representatives joint committees on Finance, National Planning and Economic Development and Aid, Loans and Debt Management yesterday, has revealed. The report was on the 2024-2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP). The clerk of the House Committee on Finance, Barrister Oscar Okoro, said the report would be laid at plenary yesterday. A contingent liability is described as a potential loss which may occur in the future, depending on the outcome of a specific…
Read MoreBlue Economy Reforms: Anxiety grips NPA Executive mgt, workers, as Ports and Harbour Bill scale third reading at Senate
There is palpable fear among Executive Management and workers of the Nigerian Ports Authority (NPA) over the Ports and Harbour Bill, which has returned to the senate and it is being deliberated upon for final passage. The Bill, which seeks to repeal the Nigerian Ports Authority Act, 1955, (as amended) has already scaled third reading at the Senate. The major fear of the Executive Management Staff and Workers is that the Bill if passed into law, would lead to thousands of workers losing their jobs. Speaking to Newsmen yesterday, President…
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