FG cuts interest on late tax payments
…New rate takes effect October 1…Applies to FG, states, FCT tax authorities By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has reduced the interest rate payable by taxpayers for late settlement of their tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax […]
Minister decries inadequate exploitation of maritime potentials
Minister of Transport, Ibrahim Isa Bio has decried the inadequate exploitation of the enormous potentials in the maritime sector, noting that the sector serve as a veritable source of revenue and employment for the country’s army of unemployed youths.
Norwegian shipowners set to fly Nigerian flag
In what could be described as another major milestone, a group of Norwegian ship owners have expressed their desire to register their ships in Nigeria and fly the country’s flag, under a Bare Boat charter arrangement.
FG targets 700 vessels yearly under new flexible ship registry
THE Federal Government is targeting an additional 700 vessels annually into its newly introduced hybrid registry from 2011. This followed the migration from closed registry by the Nigerian Maritime Administration and Safety Agency (NIMASA) to hybrid registry.
Seme Customs Command records 372 seizures in 2009
THE Seme border Customs Command of the Nigeria Customs Service recorded a total of 372 seizures valued at over N541million in 2009 just as it realised over N109 million as duty from rice importation through the command.
Join hands with JTF, Ijaw leader advises
A member of the Delta State Waterway Security Committee and Ijaw opinion leader, Chief Second Benikrukru has called on all stakeholders in the state to join hands with the military Joint Task Force, JTF, and other security agencies to fight pipeline vandalism.
