Business

NAGAFF chieftain tasks Lagos govt on illigal Wharf landing fees

The Chieftain of the National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Segun Musa, has challenged the Lagos State Government over Wharf Landing Fee, describing it as illegal.
The freight forwarder explained that the manner at which the state government collects the fee was filled with arrogance and could be challenged in a court of law.

$1.6m money laundering: Court admits two Bureau de Change operators to bail, gives 10 days to perfect conditions

Two Bureau de Change operators, Chris Ogbonna, and Sulaiman Jibbo, who were alleged to have laundered $1.6 million, suspected to be a proceed of smuggling activities, have been were given 10 days to perfect their bail or risk remand in the Nigerian Correctional Services (NCS).
The defendants were charged before Justice Ayokunle Faji of a Federal High Court sitting in Lagos Nigeria by the Economic and Financial Crimes Commission (EFCC) on a five-count charge bothering on the alleged offence.

Nine oil firms oppose DPR's application on selling of Oil Mining Fields licences

Nine oil companies,which filed a motion on notice before a Federal High Court sitting in Lagos Nigeria, have opposed the application by the Department of Petroleum Resources (DPR) seeking approval to sell or accept bids for eight Marginal Oil Fields (Oil Mining Licences (OMLs).
Recall that Justice Chukwujekwu Aneke had on June 3 restrained the Federal Government from tampering with the Oil Mining Licences, pending determination of a suit challenging their status.

Imo govt signs pact with Julius Berger on road projects

Imo State Governor, Senator Hope Uzodimma, on Wednesday signed a Memorandum of Understanding (MoU) with Julius Berger Nigeria Plc on the reconstruction of Owerri to Orlu and Owerri to Okigwe roads in the state.
Governor Uzodimma described the event, which held at the Sam Mbakwe Exco Chambers, Government House, Owerri, as a special day in the life of Imo State.
He said that the two roads were major gateways to neighbouring states hence the road infrastructure linking Imo State to its neighbours would help improve the economy of the state when completed.

COVID-19: NIMASA issues red flag on vessels from high risk countries

The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has notified stakeholders about 13 vessels from five countries heavily affected by the coronavirus (COVID-19) pandemic.
The agency’S spokesman, Philip Kynate, stated that the vessels were expected to berth in Apapa, Lagos; four in Bonny, Rivers State; and one in Port Harcourt, Rivers State.

COVID-19 and Big Tobacco PR machine

By James Itua

After the initial hype about developing vaccines to tackle coronavirus (COVID-19), which received instant backlash from public health experts, the tobacco industry has been largely silent on that subject.

This is not new to the public health community. A similar scenario played out in 2014 when British American Tobacco (BAT) claimed its biotech subsidiary, Kentucky BioProcessing (KBP),
had developed a cure for the Ebola virus.

That cure turned out to be a ruse and failed to deliver but the publicity was crucial to BAT.

How COVID-19 is threatening Nigeria’s oil output

The Directorate of Petroleum Resources (DPR) has said the rising number of coronavirus (COVID-19) pandemic cases among workers at Nigeria’s offshore oilfields is threatening oil output.

In a statement obtained from the oil and gas regulatory agency’s website, the rising cases of infection among workers at the oilfield platforms is a growing threat to the country’s oil production.

Customs destroys N1.2b cannabis in Lagos

Western Marine Command of Nigeria Customs Service on Friday June 26, 2020 destroyed seized cannabis valued at N1, 002,050,000 in Lagos as part of its anti-smuggling activities.

Controller of the Command, Olugboyega Peters, who administered the destruction in Badagry, disclosed that the seizure was the highest single haul of cannabis in the history of the service.

He explained that the seizure was made following intelligence in Agaja Beach area of the state.

Navy wants NIMASA to upgrade Nigeria’s seafarers certificate

The Nigerian Merchant Navy Officers and Water Transport Senior Staff Association (NMNOWTSSA) has called on the Nigerian Maritime Administration and Safety Agency (NIMASA) to upgrade Nigeria’s Certificate of Competency (COC) to measure up with international standards.

The President of the association, Bob Yousou, in his Seafarer’s Day celebration speech, urged the apex maritime regulatory agency to expedite action on the move for Nigeria’s CoC to be admissible in other countries.

Nigeria’s economic woes fuelling drug abuse among youths – Obi

.Mourns Ajimobi

By Valentine Amanze

The Vice Presidential candidate of the People’s Democratic Party (PDP) in the 2019 general election, His Excellency Mr Peter Obi, has blamed the high rate of drug abuse among Nigerian youths to the worsening economy in the country.
He said that a visible economic recovery would force a drastic reduction in the number of drug abusers in the country.

Obi’s view was via a statement commemorating the 2020 International Day Against Drug Abuse and Illicit Trafficking, themed, "Better Knowledge for Better Care.

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