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Govt prioritising investment over borrowing, says Edun

14.03.2025
The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday at the opening of a two-day high-level interactive session in Abuja. Edun explained that rather than accumulating more...
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Ministry unveils Lagos economic development update

14.03.2025
The Ministry of Economic Planning and Budget has launched the 2025 Lagos Economic Development Update, which highlights the strategies for economic resilience, fiscal sustainability, and revenue mobilisation of the state. According to a statement from the ministry, the Commissioner for MEPB, Ope George, who spoke at the launch of the report on Wednesday, emphasised that...
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Protect bonded terminals investment, operators urge FG

14.03.2025
Indigenous bonded terminal operators have called on the Federal Government to implement policies that would protect investment in the bonded terminal subsector of the economy. The group added that the policy should prioritise local content and enforce compliance among cargo handlers. The General Secretary of the Association of Bonded Terminal Operators, Haruna Omolajomo, stated this...
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FG prioritises disbursement of CVFF – Minister

14.03.2025
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed that President Bola Tinubu’s administration is committed to the disbursement of the Cabotage Vessel Financing Fund. This was contained in a statement on Monday by the Head of Public Relations at the Nigerian Maritime Administration and Safety Agency, Mr. Osagie...
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Customs train stakeholders in automated transire processes

14.03.2025
The Nigeria Customs Service has commenced training and sensitisation for officers and stakeholders in Zone A on its new Automated Transire Process. The service added that the training and port stakeholders’ engagement, which took place at the Apapa Customs Command, is expected to reduce cargo clearance time, minimise opportunities for human contact and corruption, and...
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LASWA removes dredging pipe on Lagos waterways

14.03.2025
Determined to ensure safety on Lagos waterways, the Lagos State Waterways Authority said it has removed a dangerously installed dredging pipe. LASWA, in a statement on Wednesday by its Public Affairs Unit, added that the pipe posed a significant threat to ferry operators and waterway users along the power line en route to the Ikorodu...
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NIWA boasts waterways safety with new buoys

14.03.2025
Determined to enhance navigational safety on the nation’s waterways, the National Inland Waterways Authority said it has laid water buoys from Gbajibo in Niger State to Gbajibo-Mundi in Kwara State. NIWA announced in a statement on Tuesday signed by its spokesperson, Suleiman Makama. Makama explained that the number of buoys used was 10 red and...
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Maritime group unveils digitalised cooperative society for women

14.03.2025
A maritime non-profit organisation, MMS Woman of Fame Hall of Fame Initiative, has unveiled a digitalised corporate society to empower women. In a statement on Wednesday, the founder of the MMS WoFHoF, Mr. Kingsley Anaroke, expressed optimism that MMS Multi-purpose Corporative Society “would enable women to access affordable basic human needs products and service experience.”...
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NIWA Lagos Manager wins award

14.03.2025
The Lagos Area Manager of the National Inland Waterways Authority, Sarat Braimah, has won the Most Influential Woman Award organised by the Commonwealth Business Women Africa. In a statement on Tuesday, the organisers stated that the award was in recognition of her immense contributions to the maritime sector. According to the statement, the award also...
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I apologise for saying no heaven without tithe – Adeboye

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Man who asked Tinubu to resign admitted in psychiatric hospital

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The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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