Headlines
We don’t know the accrued amount from POF, the Consultant is not transparent with us— CRFFN cries out

The POF are collectable on all cargoes entering into and exiting the country through land, air and sea.
In the scale of payable fees, one kilogramme of airfreight cargo will attract a fee of N2.00.
However, for sea freight cargo, a 20ft container will attract N1,000, 40ft will attract N2,000. Similarly, car and SUVs will pay N500, while 20ft trucks and 40ft truck will attract a fee of N1,000 and N2,000 respectively.
Similarly, general cargo will attract a fee of N3.50 per ton, while dry bulk cargo will attract a fee of N1.00 per ton, even as it was stated that fees in respect of wet cargoes are negotiable.
In the 2015 gazette, there was provision for sharing by all the parties, including the CRFFN, the five registered freight forwarders and registered freight forwarding companies.
The CRFFN is to collect 60 per cent of the revenue, the five registered associations will share 35 per cent, while the registered companies that handled the cargo will share the remaining 5 per cent, calculated by the volume or cargo they account for.
The gazette specifically states that “CRFFN collects 60% Internally Generated Revenue (IGR), the Associations will collect 35% as provided by the CRFFN Act (Accreditation of Associations of Freight Forwarders) Regulation,2010. The Registered Freight Forwarder/Licensed Customs Agent (RFF/LCA) is entitled to 5% of the Practitioners’ Operating Fee which will be collected by the CRFFN and remitted to the concerned RFF/LCA”
Headlines
NIMASA deploys Deep Blue attack vessel to foil attempted piracy incident in the Gulf of Guinea

Funso Olojo
Intelligence gathered from the C4i Centre later placed the vessel at 04°19’16”N, 01°35’59”E, within Ghana’s Exclusive Economic Zone.
The NIMASA Special Mission Vessel DB Lagos, operated by the Nigerian Navy under the Deep Blue Project, was immediately alerted and is currently closing in on the distressed vessel.
The crew have retreated to the Citadel in line with international best practice for ship security.
NIMASA said it was actively coordinating with the Nigerian Navy and other regional maritime security agencies to ensure the safety of the crew and to support ongoing investigations into the incident.
Commenting on the development, the Director General of NIMASA, Dr. Dayo Mobereola, reaffirmed the Agency ’s commitment to regional maritime security cooperation.
“NIMASA remains committed to strengthening security collaboration across the Gulf of Guinea to safeguard seafarers, deter criminal activity, and ensure safer maritime trade, leveraging on the Deep Blue Project.”
The ENDO PONENTE, a moderate-risk Maltese-flagged chemical tanker, generally operates across West, Central, and Southern African regions.
Headlines
NIMASA pledges support for MWUN to build modern Seafarers’ recreational centre at Apapa

Economy
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