The International Transport Workers’ Federation UK (ITF-UK) said it has approved a grant to the Nigerian Maritime Industry through the Maritime Workers Union of Nigeria, (MWUN) for the construction of a Seafarers Recreation Centre in Lagos State.
The Head, ITF Seafarers Trust Fund, Katie Higginbottom, revealed this during a meeting with the Minister of Marine and Blue Economy, Adegboyega Oyetola; DG NIMASA, Dr.… Read the rest
The Nigerian Navy has conducted a search and rescue simulation exercise aimed at reducing the rate of boat mishap casualties recorded with the nation’s maritime domain.
The exercise, which held at the Naval Shipyard Limited in Port Harcourt, Rivers State, was informed by the increasing rate of boat mishaps in the country.
It was organised in line with the directive from the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, with 10 other government agencies, including the Nigerian Air Force (NAF), the Nigeria Police and the Nigerian Security and Civil Defence Corps (NSCDC) as participants.… Read the rest
Shell Nigeria has started supply of crude oil to Nigeria’s Port-Harcourt refinery ahead of commencement of refining operations later this quarter.
The spokesperson for the company Bamidele Odugbesan relayed this information in an interview with Reuters where he stated that deliveries were made to the company this week.
- He stated, “Future supplies from Bonny oil and gas terminal would be guided by the demand for the product,”
In a separate statement, Shell’s Bonny oil terminal manager said a total said a total of 475,000 barrels of oil was delivered to the Port-Harcourt refinery around January.… Read the rest
The Federal Government has assured that it will address the concerns of oil transporters and distributors of petroleum products to ensure smooth distribution, following the high cost of operations and maintenance of trucks used in the distribution of the products.
Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this known Monday in Abuja, when he met with some of the oil stakeholders in the downstream sector.… Read the rest
Due to the instability and volatility of foreign exchange in the country, several foreign-used vehicles imported into the country have been abandoned at vehicle terminals in Tin-Can Island Ports Complex, Apapa.
Aside from abandonment, vehicle Importation has gone down drastically due to the same forex instability and volatility.
It was gathered that the abandonment was as a result of the increase in exchange rate for Customs clearance by the Central Bank of Nigeria (CBN).… Read the rest
Executive Director of Policy Alert, Tijah Bolton, has lamented that the Petroleum Industry Act, which promised respite for oil host communities has worsened the frustration of communities in the Niger Delta.
Bolton stated this in Port Harcourt at the weekend during a workshop organised by Budgit Foundation on the ‘Cost of Corruption in the Extractive Industry’.
He said: “Most of what we see is environmental degradation, we see a lot of poverty, and conflict in these communities as a result of the invasion of their communities by oil and gas multinationals.… Read the rest
The Nigerian National Petroleum Company (NNPC) Limited is planning to grow its revenue to N4.5 trillion as it plans to end the importation of premium motor spirit (PMS), otherwise known as petrol, by December 2024.
The chief executive of the company, Mr Mele Kyari, while speaking on Thursday, said the nation would not need to rely on fuel from outside the country because its refineries would have been fully operational.