Day: March 25, 2024

MOWCA Strengthens Maritime Crime Prevention

Secretary General of the Maritime Organisation of West and Central Africa (MOWCA), Dr. Paul Adalikwu, has stepped up interaction with the United States Government to lift restrictions placed on some member countries allegedly implicated in illicit shipping activities.
Adalikwu, who led a delegation from the MOWCA Secretariat to the US Embassy in Abidjan for a first leg of the strategic consultation aimed at promoting seamless participation of MOWCA countries in international trade within the global maritime space, reiterated the organisation’s commitment to the best ethical and lawful maritime practices.… Read the rest

Academy advises FG to divest 51% equity in refineries

Nigerian Academy of Engineering (NAE) has called on the Federal Government to divest its 51 per cent equity in refineries.

It noted that the suggestion was one of the sustainable ways to raise capital from the private sector for their upgrade and optimal performance at 445,000 barrels per day (bpd).

The academy’s president, Prof. Azikiwe Onwualu, made the submission yesterday in Abuja.… Read the rest