The Nigerian Ports Authority (NPA), on Tuesday, said it is committed to investing about N878.9 trillion, ($1.1 billion) in the rehabilitation of all the seaports in Nigeria.
It said the investment is to ensure a strong commitment to fortify Nigeria’s trade competitiveness to harness the gains in the Blue Economy.
Recalled that the Minster of the Ministry of Marine and Blue Economy, Gboyega Oyetola, had during a tour of the Lagos ports decried the state of facilities in the seaports
Speaking during a panel session during the 43rd PMAWCA (Port Management Association of West and Central Africa) conference held in Lagos, Mohammed Bello Koko, the Managing Director of NPA, stated that with almost every port in Nigeria requiring rehabilitation, the NPA is initiating a substantial overhaul, starting with the TinCan and Apapa ports in Lagos.… Read the rest
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has said that with adequate infrastructure, Nigeria can harness $2.5 trillion and 350 million jobs opportunities embedded in the world blue economy.
Jamoh said this while speaking at the opening ceremony of a five-day training for journalists on maritime security reporting organised by the Kofi Annan International Peacekeeping Training Centre (KAIPTC) in collaboration with Denmark’s Ministry of Foreign Affairs and NIMASA in Lagos.… Read the rest
Bukola Adubi, the chief operating officer of MicCom Cables and Wires, has emphasised the need to extend the implementation of Executive Order 5 (EO5) beyond the oil and gas sector in Nigeria.
In a statement on Tuesday, Adubi was reported to have made the call on the margins of the just concluded Nigerian Economic Summit, held in Abuja.
The Summit had its theme: “Pathways to sustainable economic and transformation and inclusion.”… Read the rest
The Niger Delta Development Commission, NDDC has said it will work with International Oil Companies, IOCs, and other development partners to increase investments in renewable energy projects to reduce the impact of climate change in the Niger Delta region.
Speaking during a courtesy visit by a delegation from TotalEnergies Nigeria Limited at the NDDC headquarters in Port Harcourt, the Commission’s Managing Director, Dr Samuel Ogbuku, reaffirmed the importance of sustainable partnerships in driving the development process.… Read the rest
President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate:
(1) Bashir Indabawa — NW — Executive Commissioner, Exploration & Acreage Management.
(2) Kelechi Ofoegbu — SE — Executive Commissioner, Corporate Services & Administration (Redeployed).… Read the rest