Category: Editorial
CBN’s trade monitoring system and Nigeria’s non-oil exports
The Central Bank of Nigeria (CBN) recently announced that it would launch a Trade Monitoring System (TRMS) in October. TRMS is an automated system that will reduce the...
Nigeria’s intractable power sector
Nigeria’s business mogul, Aliko Dangote, asked a critical question recently at the gathering of some of Nigeria’s critical stakeholders in Lagos. The gathering was...
Wharf landing fees and Apapa gridlock
No law in Lagos State, in recent time, has elicited as much public outcry and resistance as the Wharf Landing Fees Law No. 5 of 2009. The law was introduced during the...
The intractable high cost of projects in Nigeria
There is no gainsaying that one of the major reasons for infrastructure deficit in Nigeria is the high cost of projects execution. Every project in Nigeria is believed...
Proposed Warri port and Nigeria’s quest for new seaports
Amidst the dwindling fortunes of Nigerian ports, manifesting in drop in ship and cargo traffic, Nigerian authorities are pushing for development of new seaports. Modern...
Addressing the root cause of Apapa traffic congestion
So much has been written and said about the infamous Apapa gridlock. In fact, no subject has attracted as much protracted attention and press coverage in Nigeria over...
Breaking down stereotypes in a male-dominated industry
Breaking down gender stereotypes in the maritime industry is not just important in its own right, it is also beneficial for the industry as a whole. That was one of the...
Is Nigeria Customs Service becoming a lawless agency?
This is a compelling question considering the deluge of accusations and allegations against the Customs officials in recent time. As a matter of fact, at no time has the...
ISPS Code implementation and US sanctions on Nigeria
Barely one year after expressing satisfaction with Nigeria’s compliance level with the International Ships and Ports Security (ISPS) Code, the United States Coast...
Saving Nigeria from another debt trap
Director-General of the Debt Management Office (DMO), Ms. Patience Oniha, last week reported that Nigeria’s debt profile as of December 31, 2018 stood at...
Funding the new minimum wage through the maritime industry
The controversial N30,000 minimum wage has finally been approved by lawmakers, thus ending the protracted labour battle. But paying the new wage presents a fresh...
IMO 2020 starting to rock oil market
They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery feedstocks. The price of...