Forex restriction on imports affecting port operation - Ubogu.....READ MORE HERE

The Managing Director, Micura Stevedoring Services, Michael Ubogu has complained about the Central Bank of Nigeria (CBN) regulations denying importers of some select items access to foreign exchange in order to shore up the value of the naira.

NNPC to deploy drones to monitor vessels....READ MORE HERE

The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said the NNPC is working towards the deployment of drones across the nation’s territorial waters to monitor the inwards and outwards movement of oil bearing vessels.

FG announces plan to review import policy on rice, others.....READ MORE HERE

The Federal Government has announced plans to review the import policy on staple food items such as rice, wheat and fish into the country.
It described the policy as “unfavourable,” adding that it would ensure that Nigeria was self sufficient in food production before the restriction of the importation of these food items.