Infrastructure Maritime News & Reports

Onitsha River Port Set for Operations as FG brings Concessioning negotiation to a Close

The Managing Director, National Inland Waterway Authority, NIWA, Dr. George Mohgalu, has said that the operations of the Onitsha River Port will commence in due course. This is because the concessioning process for the effective take-off is about to be concluded. He said this in Onitsha, during the 2nd Sensitization Seminar of Stakeholders by NIWA …read more →

Infrastructure Maritime

Ibom Deep Seaport to Boost Trade in 25 African Countries

The Ibom Deep Seaport is designed to occupy 2,565 hectares of land with additional 1.565 hectares for future expansion. The Deep Seaport, with the investment capacity of $4.2 billion, will on completion serve Sao Tome Joint Development, Equatorial Guinea, Cameroon, Angola, Gabon, Democratic Republic of Congo, Niger and Chad, making it to offer a multiple …read more →

AFRICAReports Infrastructure Maritime News & Reports

Ondo deep seaport to attract N500 billion investments

Succour is on the way for Ondo State as the government declares that the deep seaport project would attract over N500billion investments to the host communities in Ilaje Local Government Area, when completed. Ondo State Governor, Oluwarotimi Akeredolu, who disclosed this at a stakeholders’ forum, said the deep seaport would generate more than N500billion new …read more →

Infrastructure Maritime News & Reports

Why N50 Bln Floating Dock Idling Away At Naval Dockyard – NIMASA Boss

The Nigerian Maritime Administration and Safety Agency (NIMASA) is yet to put into use the N50 billion floating dock acquired by the agency in 2018 due to its inability to secure an operational berthing space for the dock. According to the Director-General of NIMASA, Dakuku Peterside, the floating dock has not commenced operation due to …read more →

Economy Infrastructure Maritime News & Reports

We have greatly spurred economic growth – NIMASA DG

The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said the Agency’s regulatory and promotional activities have been a major economic stimulus for the country, especially in the last one year. Peterside stated this at the weekend in Lagos during a world press conference ahead of NIMASA’s Annual Corporate Dinner …read more →

Infrastructure Maritime News & Reports

Nigerian govt changes name, location of Ibaka deep-sea port

The Federal Executive Council, EFC, has changed both the name and location of the proposed Ibaka deep-sea port Ibom deep-sea port in Akwa Ibom State. Before now, the Ibaka deep sea port was located in Oron Local Government has now been moved to ibiono-Ibom in Ibom Local Government Area. Confirming the development, the Chairperson of …read more →

ENERGY Infrastructure Maritime News & Reports

Obaseki Assures On Benin River Port, Refinery Projects

The Edo State Governor, Mr. Godwin Obaseki, has assured that the state government is on course on the Benin River Port and the Edo Refinery projects, as part of initiatives to industrialise the state. The governor said this during a visit by the Nigeria Governors Forum (NGF) to the Dangote Refinery and Petrochemical plant in …read more →

AFRICAReports Infrastructure Maritime News & Reports Transportation

Maritime Security: Nigerian Waters Now Safer – Dakuku

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that piracy and other maritime crimes have reduced drastically in the Nigerian maritime domain, making it safer for investment. Contrary to reports in a section of the media on his responses while defending the Agency’s budget before the Senate …read more →

Infrastructure Maritime News & Reports

Proposed Port of Ondo will boost commerce when completed – Akeredolu

Governor Oluwarotimi Akeredolu of Ondo says the proposed port in Ondo will boost commerce and change the landscape of the state. Akeredolu made the observation in Akure on Thursday during the submission of the feasibility report on the Port of Ondo Deep Sea. He said that the Port of Ondo would be the only viable …read more →

Maritime

Inadequate infrastructure hampers maritime industry

Infrastructure, corruption and lack of enforcement have been identified as the major obstacles on the path to developing Nigeria’s maritime industry. At a dialogue organised by Integrity Organisation, a non-governmental organisation (NGO), and ActionAid Nigeria, with the theme ‘‘Nigerian Regulatory Framework in the Transport Sector’’, it was agreed that the industry is not short on …read more →