S&P

1,317 posts

  • Nigeria’s oil production dips to 1.3mbd 

    NNPC MD, Dr Maikanti Baru The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that an average of 700,000bpd of crude oil was deferred in 2016 due to pipeline sabotage, saying this brought Nigeria’s production down to as low as 1.3 million barrels per day from 2.2 million barrels […]Read More
  • Former Nigeria Airways workers protest unpaid severance benefits

    About 100 former workers of the liquidated Nigeria Airways on Wednesday protested the failure of the Federal Government to pay their severance packages running into N78 billion. The protesting workers and pensioners obstructed the busy Lagos Airport road and caused traffic gridlock in the area. They said the aim of the protest was part of […]
  • Oduah says south east deserves three container ports

    By Patience Danjuma  Former Minister of Aviation, Senator Stella Oduah has said that the southeast part of the country would require a minimum of three container ports. Oduah made this known while speaking with journalists in Abuja. She said the ports were necessary because the southeast region had become an industrial zone.  She said that […]
  • Elumelu: Negative media coverage keeps investors away 

    The chairman of Heirs Holdings, Tony Elumelu, says the stereotypical image of Africa portrayed in the media is the continent’s greatest challenge as it discourages investors from investing in the continent. Elumelu made this statement while speaking at a gathering of policymakers and development experts hosted by UK’s foreign policy institute at the Chatham House. […]
  • Buhari orders probe of NIMASA, JAMB over revenue diversion 

    By Patience Danjuma  The Federal Executive Council (FEC) has ordered fresh investigation of its revenue generating agencies including the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Joint Admission and Matriculation Board (JAMB) as it uncovered massive disparity in the remittance of internally generated revenue by some of the agencies. The Minister of Finance, […]
  • FG releases N2bn for maritime varsity take off

    The Federal Government has released N2 billion for the take off of Nigeria Maritime University, Okerekoko in Delta State.  Vice President Yemi Osinbajo, who disclosed this Tuesday while declaring open the second National Council on Niger Delta in Akure, the Ondo State capital said the university will take off by October this year. Osinbajo, who […]
  • Two bodies found after boat collision in Singapore waters

    On Wednesday, divers found the bodies of two seamen who went missing after their dredger collided with a tanker off Singapore and rescuers were still searching for the others. The accident around the busy Singapore Strait occurred just weeks after a deadly collision involving a US warship in the same area. After the latest collision […]
  • Prove I’m corrupt or shut up, Atiku tells critics 

    By Patience Danjuma  Former Vice President Atiku Abubakar yesterday lashed out at those he described as self-righteous political enemies, saying they should either prove his alleged corrupt activities or keep quiet and mind the skeletons in their own closets. The APC chieftain also said that he would fight corruption like never before if given the […]
  • PHOTOS: Federal Executive Council Meeting

    By Muyiwa Sonuyi Copyright 2017 Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.
  • Former Airways workers protest unpaid severance benefits

    About 100 former workers of the liquidated Nigeria Airways on Wednesday protested the failure of the Federal Government to pay their severance packages running into N78 billion. The protesting workers and pensioners obstructed the busy Lagos Airport road and caused traffic gridlock in the area. They said the aim of the protest was part of […]
  • Customs siezes N1.4 bn smuggled items in 8 months

    The Zone B of the Nigeria Customs Service, Kaduna, has siezed smuggled items worth over N1.4 billion from January to August, its Controller, Aminu Dahiru, has said. Dahiru via a telephone interview told journalists on Wednesday in Minna, that a total of 1,357 items were seized during the period. He mentioned some of the seized […]
  • South-East requires 3 container ports – Sen Oduah

    To boost the economic growth of the country, Sen. Stella Oduah said that the South eastern part of the country would require a minimum of three container ports. Oduah made this known while speaking with journalists in Abuja, she said the ports were necessary because the Southeast region had become an industrial zone. She said […]