Headlines
Shipowners may go to court to access CVFF

Capt. Akimpelumi, who said the association has risen from the crisis that rocked it for so many years, said they are ready to fight and take possession of what belongs to them in the sector.
“We have consulted widely and we realised that nothing like suspension of the fund but, we know there is an internal politics of moving the fund from the Central Bank of Nigeria (CBN), to the Primary Lending Institute.”
“We will take every step to make sure the fund is disbursed, we contributed into the fund, I can assure that no withdrawal of approval but, on whether it is a government fund or shipowners’ fund, we will seek NASS interpretation but, going to court will be the last resort,” he said.
“Many of us has been in the shipping sector before Cabotage, we fought for the implementation of cabotage with the hope we will be better off but, that has not been possible.
He, however, disclosed that the factions in the group have all agreed to forge a common front to develop the nation’s shipping sector and maximise the potentials inherent in the sector.
He said, “No intervention or assistance for players in the industry from government.
“Funds were made available to other sectors of the economy, especially during and after the Covid-19 pandemic but, none was made available to us.
Customs
Customs threatens to arrest, prosecute air travellers carrying currency above $10,000 threshold without declaration.


Headlines
Opeifa reaffirms commitment to infrastructural upgrade, staff welfare at Northern District headquarters of NRC in Zaria

Headlines
NIMASA reaffirms confidence in indigenous technical ability in ship building and repairs

He further emphasized that the inspection aligns with the vision of the Minister of Marine and Blue Economy, Adegboyega Oyetola, who has prioritized the development of local capacity in shipbuilding and repairs.
The visit underscores NIMASA’s drive to promote indigenous maritime infrastructure, enhance national security, and advance sustainable growth in Nigeria’s maritime sector.
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