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Collaborate with other agencies,  Minister charges CRFFN

Collaborate with other agencies, Minister charges CRFFN

Minister of Transport, Alhaji Ibrahim Isa Bio has called on the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) to partner with other organisations and parasatals under his watch to ensure it fulfil its statutory roles and responsibilities as enshrined in the CRFFN Act 2007.

N600 billion agric fund: Nigerian farmers want fair sharing

N600 billion agric fund: Nigerian farmers want fair sharing

Small scale farmers in Nigeria , under the auspices of the United Movement of Small Scale Farmers have urged the Federal government to ensure proper and fair disbursement of the N600 billion agriculture intervention fund towards rejuvenating the nation’s comatose agricultural sector.

NPA engages 16 new pilots, presents certificates

NPA engages 16 new pilots, presents certificates

As part of measure to increases the number of pilots in its employment, the Nigerian Ports Authority (NPA) has engaged the services of the 16 successful candidates that scaled its pilot’s examination for new pilots.

N800m consignment trapped at port over absence of cargo equipment

N800m consignment trapped at port over absence of cargo equipment

Despite payment of N226 million duty on its N800 million worth of iron rod consignment by B/ Bird Capital with loan facility, the goods are still trapped at the Josephdon terminal in Tin_can Island port for over four weeks after obtaining all relevant clearing documents.

FG earns $51.64 million from Onne Port in 40 months

FG earns $51.64 million from Onne Port in 40 months

The Federal Government earned about $51.64 million as fees paid by the concessionaire of the Onne Ports in Rivers State between 2006 and April 2009. The Commercial Manager of Intels Nigeria Ltd, Mr Akintoye Akinpelu, disclosed this while receiving the House of Representatives Committee on Privatisation and Commercialization at the Onne Port on Saturday.

NSE trading grounded as system fails

NSE trading grounded as system fails

Transaction on the Nigerian Stock Exchange (NSE) was put in abeyance owning to the grounding of a power panel that helps to supply power to the trading machine on the trading floor.

Funds begin to flow to importers and

Funds begin to flow to importers and

Donors formally com mitted funds today to the $50 billion Global Trade Liquidity Program (GTLP), triggering the first disbursements to importers and exporters in developing countries to help reverse the decline in trade resulting from the economic crisis.

N750m  cargo scanner idle at Calabar port

N750m cargo scanner idle at Calabar port

A cargo scanner valued at over N750 million is lying idle at the Calabar port, the Chief Executive Officer of Global Scansystems Ltd, Mr Fred Udechukwu, has said. Udechukwu told the news Agency of Nigeria (NAN) in Calabar on Monday that one year after his firm installed the HCV Mobile scanner, the scanner had only performed less than 5 per cent of its installed capacity.

Vision 20:2020 documents to be released in October

Vision 20:2020 documents to be released in October

Dr Shamsuddeen Usman, Minister, National Planning Commission, on Monday in Abuja said Nigeria ‘s Vision 20:2020 document would be released in October. Usman told the News Agency of Nigeria (NAN) that this would set the development agenda for Nigeria.

NDDC defends budget before Senate committee

NDDC defends budget before Senate committee

The Acting Managing Director of NDDC, Mr Power Aginighan, on Monday in Abuja solicited the support of the Senate to ensure continued survival of the commission.Defending the commission’’s 2009 budget of N96.62 billion before the Senate Committee on Niger Delta, Aginighan appealed to the committee to ensure that the 50 per cent due to the commission from the Ecological Fund for 2009 was given to it.

Reinsurance rates not as high as expected

Reinsurance rates not as high as expected

Property catastrophe rates increased   for midyear renewals, but not as much as reinsurers had hoped and insurers had feared, brokers and reinsurers say.