In a bid to further enhance a reliable database for seafarers in Nigeria, the Nigerian Maritime Administration and Safety Agency, NINASA, has commenced the electronic registration of sailors.

In a statement signed by the Head of the Public Relations department of the agency, Mr. Osage Edward, Director General of the NIMASA, Dr. Bashir Jamoh, said that one of the cardinal principles of the Cabotage regime is the localization of manning of vessels operating in Nigerian waters.… Read the rest

The Federal Government says it will support and deepen the implementation of the Extractive Industries Transparency Initiative (EITI) in the management of Nigeria’s oil, gas, and solid mineral resources.

Sen. George Akume, Secretary to the Government of the Federation, gave the assurance on Monday in Abuja while unveiling the Nigeria Extractive Industries Transparency Initiative (NEITI) 2021 Solid Minerals Industry Report.

The report, with its theme “Impact built on blocking leakages to grow revenue” is the 12th in a cycle and aimed at producing a solid minerals industry report for 2021 in accordance with the EITI standard.… Read the rest

There are indications that the Federal Government may have returned subsidy payment on Premium Motor Spirit (PMS), using the supposed commercialised Nigerian National Petroleum Company Limited to manage the market shocks and maintain monopoly of the downstream segment of the nation’s oil and gas industry.

According to The Guardian analysis, about N318 billion (N10.6 billion) monthly losses are now recorded on petrol and may be calculated as under-recovery by the supposed NNPC Limited.… Read the rest