The proposed strike called by the leadership of the Association of Nigerian Licensed Customs Agents (ANLCA) which was expected to ground port activities by Wednesday was Monday averted by the Minister of Transport, Yususf Sulaiman, who flew into Lagos meet with the leadership of the Association.

THE Federal Government may revise its decision to introduce the controversial Cargo Tracking Note (CTN) Levy following petitions against the levy just as the House of Representative Committee on Marine Transport has summoned the Nigerian Ports Authority (NPA) following petitions against the project.

The Maritime Industry Advocacy Initiative (MAIN) has given kudos to the House of Representatives; especially its committee on marine transport for making steady progress with the maritime sector bills that are at various stages of passage at the legislature.

An indigenous player in the Nigerian maritime and aviation sectors, Sifax Group has announced major restructuring in its management cadre; a development which saw its group Managing Director, Dr Taiwo Afolabi being elevated to the status of Group Executive Vice Chairman.

The URDG has gained increasing worldwide acceptance over the years and it apply to hundreds of billions of dollars of demand guarantees securing monetary and performance obligations in a wide array of international and domestic contracts.

An Adamawa High Court presided over by Justice Bamare Bansi, has ordered the Bureau for Public Enterprise (BPE) to pay Adamawa revenue board N73.71 million as tax. The sum was tax that accrued to Savanah Sugar Company, Numan, in Adamawa between 2002 and 2008 when BPE bought over the company and later resold it to Dangote Group of Companies.

The Niger Delta Development Commission (NDDC) on Wednesday told contractors implementing its projects to ensure that the benefiting communities were carried along.

The declining trend on the Nigerian Stock Exchange (NSE) was halted Thursday, as the value of listed equities appreciated by N67.08 billion.

DESPITE the dividend declared by the Board of Directors of Lafarge Cement WAPCO Nigeria Plc for the financial year ended December 31, 2009, the shareholders at the 50th Annual General Meeting (AGM) commended the Board and management for the Lakatabu expansion project which is expected to produce additional 2.2 million metric tonnes of cement when completed.

BankPHB Plc has restated its commitment to empowering its customers and the generality of Nigerians, financially, with the introduction of innovative products and also rewarding them with attractive products for their patronage.
To this end, the bank has rewarded over 750 customers with different gifts item in its first ‘You Go Win Promo Reloaded’ draw.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has urged the Federal
Government to persuade Nigerians who stashed away stolen money in foreign banks to repatriate such funds.

To tackle the energy crisis facing the nation, the Federal Government has embarked on renewable energy projects. Minister of State for Power, Mr Nuhu Wya, said this in Abuja at a workshop on “Policy Framework for Rural Electrification and Renewable Energy,” jointly organised by the ministry and the World Bank.

The Comptroller General Of the Nigerian Custom Service(NCS),Alhaji Dikko Abdullahi has said that the multiple check units of his men at the ports should be blamed on the agents, saying that they have refused to do the right thing.

Comptroller General of the Nigeria Customs Service, Dikko Inde Abdullahi, in this interview, says that the past eight months of his administration has brought about a revolution in the service such that officers now shun corruption and other unethical practices as a result of better welfare package.
Excerpts.

At the just concluded General Assembly meeting of WITSA which took place at the Hotel Okura in Amsterdam, the Netherlands in conjunction with the World Congress on IT 2010, Nigeria’s Dr Jimson Olufuye was elected as the WITSA Vice-Chairman for Africa for the next two years.