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Maritime

UK pays £1.7bn import fraud charges to EU

Great Britain ruled by King Charles III has agreed to pay the European Union princely £1.7 billion in reparation for stolen customs duties on imported goods, concluding payment of the £2.4 billion slammed on the Nigeria’s colonial master for fraudulent…

Lekki deep sea port promises $360 bn benefits

Sopuruchi Onwuka Cumulative economic benefits of the Lekki deep sea port would topple whopping $360 billion, but players in the nation’s maritime industry fear that meeting the economic target might be stalled by channel occlusions that currently plague existing ports…

Two of 3 Nigeria stowaways face deportation from Spain

Two of the three stowaways who boarded the rudder of a Maltese ocean going tanker to Spain would now be returned home after taking timely opportunity to seek asylum in the Mediterranean country. The third stowaway is said to be…

FEC clears BPDL for N1.5 trn Badagry seaport project

Project to create 25,000 jobs Sopuruchi Onwuka The Badagry Port Development Limited (BPDL) has become the preferred government partner in the $2.59 billion or about N1.5 trillion Badagry Deep Seaport development project. The concession for the development of the facility…