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February 17, 2019

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Transportation

MARITIME / NEWS

N904bn funding gap threatens vessels acquisition by Nigerian shipowners

February 14, 2019 - by Majorwaves - Leave a Comment

The Nigerian shipowners will need an additional N904 billion to the N36 billion accrued in the Cabotage Vessels Financing Fund (CVFF) to acquire vessels needed for the maritime industry in …

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MARITIME / NEWS / OIL AND GAS

LADOL shows our reforms succeeding – Buhari

November 16, 2018 - by Majorwaves - Leave a Comment

President Muhammadu Buhari has said that his administration will continue to implement policies that attract investment and spark competition in critical sectors of the economy for employment creation and growth. …

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INFRASTRUCTURE / Transportation

Buhari: We can’t sign agreements without understanding the terms

October 27, 2018 - by Majorwaves - Leave a Comment

President Muhammadu Buhari says Nigeria is too big and too diverse to blindly sign agreements without understanding the consequences of such actions. The president said this when he received representatives …

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MARITIME

NEPZA inaugurates committee to resolve Samsung, LADOL issue

October 15, 2018October 15, 2018 - by Majorwaves - Leave a Comment

As part of the efforts to restore the confidence of foreign investors in Nigeria’s free zones, the Nigerian Export Processing Zones Authority (NEPZA) has set up a committee to probe …

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MARITIME / NEWS

Fugro’s New Business Venture To Enhance Support for Nigeria’s Oil and Gas Industry

October 10, 2018 - by Majorwaves - Leave a Comment

By Margaret Nongo-Okojokwu Fugro has announced a new move to stimulate business development in Nigeria’s marine industry with a new agreement with Jagal, an established Nigerian corporation that operates leading …

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MARITIME / NEWS

NIMASA targets $400m annually from ship chandling

October 6, 2018 - by Majorwaves - Leave a Comment

Nigeria Maritime Administration Safety Agency (NIMASA) Director-General (DG) Dr Dakuku Peterside has developed a blueprint that will enable the country make over $400 million yearly from ship chandling. A senior …

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Transportation

How Nigeria Air will be financed — Infrastructure Commission

September 7, 2018 - by Majorwaves - Leave a Comment

The newly established national carrier, Nigeria Air Limited, will be financed through a mix of government budgetary provision, private equity debt arrangement and finance syndication from a consortium of regional …

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Transportation

Bridging Transport Infrastructure Deficit Key To Economic Revival – Bello

September 7, 2018 - by Majorwaves - Leave a Comment

Until inter-modal transport system is developed in Nigeria, the path to sustainable development will remain a mirage, Hassan Bello, executive secretary of Nigerian Shippers Council, has said. “Unless we address …

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MARITIME

Two firms merge to form new industrial player in Norway

August 28, 2018 - by Majorwaves - Leave a Comment

Norway’s Bergen Group has entered into an agreement with its compatriot oil service company Endúr Fabricom for a merger between the two companies. Bergen Group, an industrial group based in …

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