Category: Maritime

Adeyanju: How We Arrived At N200, 000 Minimum Wage For Our Workers

admin

The Peesident-General, Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju, in this interview with Sunday Ojeme, speaks on challenges in the shipping sector and steps taken to improve workers’ welfare. How has government policies been affecting the mariritme sector of recent? It’s affecting us severely. The vessel traffic has gone below the global standard. Vessels that used to come with 500 containers now come with just 100 containers and that has impact on the workers in such a company. The economic impact is coming to the workers because the…

Read More

NLC Loses Track Of Ajaero’s Whereabouts after DSS Arrest

JUSTINA EMMANUEL OKPARA

…Holds Emergency Meeting   Officials and members of the Nigeria Labour Congress (NLC) are currently apprehensive over the whereabouts of their President, Joe Ajaero, after his arrest by the DSS earlier today. A statement issued by the Head of Information and Public Affairs, NLC, Comrade Benson Upiah, said the Congress was yet to ascertain his whereabouts or his state of health as all efforts made to get in touch with him have proved abortive. According to the statement, “this morning, the President of the Nigeria Labour Congress (NLC), Comrade Joe…

Read More

Junior Pope: Obi Commiserates With Nollywood Stakeholders

JUSTINA EMMANUEL OKPARA

The Presidential candidate of Labour Party in the 2023 election, Mr. Peter Obi, has expressed shock over the reported death of Nollywood actor, Pope Obumneme Odonwodo, popularly known as Junior Pope. Obi, in a condolence message on his X handle, said he was shocked by the reports of the death of yet another vibrant Nollywood actor. According to him, “our entertainment industry, and indeed our dear nation, is once again thrown into mourning, by the death of this young talented actor. “Junior Pope was known for his energetic acting, always…

Read More

Nigerian Stowaways Narrate How They Survived On Ship’s Rudder For 14 Days

Admin

Four Nigerian stowaways crossing the Atlantic in a tiny space above the rudder of a cargo ship and rescued by Brazilian police have narrated how they survived the perilous journey. The stowaways narrated how they ran out of food on their tenth day at sea. They survived another four days, according to their account reported on Tuesday by Reuters, by drinking the sea water crashing just meters below them, before being rescued by Brazilian federal police in the southeastern port of Vitoria. Their remarkable, death-defying journey across some 5,600 kilometers…

Read More

Ned Nwoko: How I Missed Joining Ill-fated Titanic Submersible

Admin

While grieving over his friend and partner, Hamish Harding, a passenger in the ill-fated Titan submersible, Nigerian politician Ned Nwoko, on Friday, revealed that he was invited to join the tour of the famous Titanic Ship wreckage. Mr Harding, a British businessman, explorer, and multiple-Guinness World Record holder, including one for the longest time spent traversing the deepest part of the ocean on a single dive, was one of the five people who died aboard the imploded submersible. The politician took to his verified Instagram handle and explained why he…

Read More

Import Duties: First Bank Defrauds Federal Government of N100bn

Gideon Myek

.CBN, Clearing Agents Blacklist Lender …May face EFCC soon The Central Bank of Nigeria (CBN) on the orders of the House of Representatives Committee on Customs has delisted First Bank Plc from collection of import duty revenue due to its alleged failure to remit N100billion collected on behalf of the Federal Government of Nigeria on export proceeds for Nigerian Exports Promotion Council (NEPC). This indication was given by the Acting National President of Association of Nigerian Licensed Customs Agents (ANLCA) Dr Kayode Farinto innan exclusive chat with DAILY TREND on…

Read More

AMCON: Josepdam not indebted to us

JUSTINA EMMANUEL OKPARA

Following the successful liquidation of its indebtedness, the Asset Management Corporation of Nigeria (AMCON) has declared Josepdam & Sons Limited and Josepdam Sugar Company Limited free of any debt obligation to the Corporation. A letter to this effect sighted by our correspondent revealed that the concerned obligors had defrayed the total outstanding balance put at N18.783 billion. Recall that a section of the media had recently been erroneously listing Josepdam alongside other obligors that are yet to liquidate their indebtedness to the Corporation.  The said publication also alleged that Mrs.…

Read More

Thailand exporters lose N385.2bn rice market in Nigeria

Stella Okofi

  Thailand exporters have lost 1.2million tonnes of rice valued at N385.2billion ($819.6million) in Nigerian market following import restrictions by the government. The Central Bank of Nigeria (CBN)’s import restriction has boosted local production by 11.2per cent or 600,000 tonnes from 4.8million to 5.4million tonnes in one year. Last month, Thai Rice Exporters Association (TREA), which has also shifted to Benin, Cameroon, South Africa and Angola markets, raised the price of the grain from $678 in August to $683 per tonnes in September, 2020. Data from the United States Department…

Read More

Nigerian seafarers earn 61% less than foreign counterparts

admin

      Nigerian seafarers have rejected the newly approved Collective Bargaining Agreement (CBA) wages after realising that they were earning 61.5 per cent less than their foreign counterparts. The new wage was approved by the National Joint Industrial Council (NJIC) but it is far below international standard.     The newly signed CBA centred on the welfare of the seafarers and implementation of the Maritime Labour Convention (MLC), 2006.     Finding revealed that the new wage approved last July by the International Transport  Federation (ITF)/ International Labour Organisation (ILO)…

Read More

Cashew exporters’ earnings to drop by N52bn

admin

There is strong indication that earnings from unprocessed cashew nuts by Nigerian exporters will fall this year by 60 per cent, following the sharp decline in the global price of the nuts. However, processed cashew nuts will still attract N759.2billion but the country lacks machines and skill to process the commodity. Parts of the challenges facing the exporters in the country include lacks machine and equipment to process the nuts, poor handling, pilferage, defective packaging and delay on the port road. It was learnt that proceed from the projected export…

Read More