Metro

Minister Receives Report on Port Community System Implementation

Minister Receives Report on Port Community System Implementation

The Minister of Marine and Blue Economy, Adegboyega Oyetola, received the implementation report of the Port Community System (PCS) from the Nigerian Ports Authority (NPA) and the International Port Community Systems Association (IPCSA) in Abuja. Mr. Oyetola highlighted that the PCS aligns with the Convention on Facilitation of International Maritime Traffic (FAL) of the International Maritime Organisation (IMO), aiming to prevent unnecessary delays in maritime traffic and enhance cooperation between governments. He emphasized the importance of electronic FAL declarations, mandated by the FAL convention of April 2019, as a preparatory step for enforcing the single window approach in 2024. Expressing…
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Nigerian Breweries Announces Price Hike Amidst Rising Costs

Nigerian Breweries Announces Price Hike Amidst Rising Costs

Nigerian Breweries PLC has informed its customers of an upcoming price increase for several of its products, set to take effect on Monday, February 19, 2024. Lekan Awosanya, the company's zonal business manager for the West, conveyed this decision in a price review notification issued on Monday, February 12. The price adjustment is deemed necessary to offset the impact of escalating production costs, as stated by Mr. Awosanya. He emphasized the company's commitment to delivering open orders at current prices for those fully funded and entered into the system before midnight on Monday, February 19, 2024. However, orders exceeding a…
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Hardship: Nigerian government takes action to control food prices.

Hardship: Nigerian government takes action to control food prices.

A National Commodity Board will be established by the federal government to address the nation's rising food inflation. This was announced by Vice President Kashim Shettima on Tuesday during a high-level strategic two-day meeting on resource mobilisation, food systems, and climate change that was conducted in Abuja. President Bola Ahmed Tinubu Shettima clarified that the board would be tasked with evaluating and controlling food costs in addition to keeping a strategic food reserve to keep the prices of essential grains and other food commodities stable. According to him, the occasion validates the government's initiatives to lessen the consequences of climate…
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Abia State:  Kalu Applauds Gov Alex Otti For His Developmental Strides

.. and  Flagging Off of  Umuahia-Uzuakoli-Abiriba-Ohafia Road Overjoyed by the recent developmental strides undertaken by the government of Abia State under the able hands of His Excellency,  Dr Alex Otti since taking over helms of affairs of Abia,  the Chairman of Stercoll Energy Services USA,  Dr. Emeka Charles Kalu,  has sent him a hearty message to encourage him not to relent in his efforts to turn around the fortunes of Abia State under his watch. The astute politician who is also the president of ECK Foundation Worldwide,  says it is time that politicians began to understand that after elections comes…
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Debt dispute between MTN Nigeria and Globacom is resolved.

An amicable resolution has been reached to the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom). The Nigerian Communications Commission (NCC) made this pronouncement on Thursday. The NCC's Director of Public Affairs, Mr. Reuben Muoka, signed a statement stating that this resolution revokes the disconnection authorization that MTN was previously given to disconnect Globacom. In order to minimise any possible disruptions to subscribers, the Commission made additional regulatory interventions after publishing its original public notice. These interventions included resolving disputes between parties and aiding in the reconciliation process. "Strong compliance with licence terms and conditions,…
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