Author: Saint Augustine

The Nigerian Trading Community who has any business in the nation’s seaports may have to search further as the Seaports Terminal Operators of Nigeria( STOAN), weekend distanced itself  from the Loss, damage and delay of Cargoes at Nigerian seaports and terminals saying that it was not to be blame. The Chairman of the association, Vicky Haastrup who was speaking at a Round-table discussion  on Cargo exposure to risks of damage, Loss and delay at Nigerian Ports and Terminal said that inconsistent policies of Government, improper documentations, under declaration by importers are part of the reasons for the delays. Haastrup, who is…

For some time now, the media had been a washed the claims and counter claims regarding the actual amount the Federal government has granted in Waivers and exemptions in the past three years. The Minister of Finance and Coordinating Minister of the economy, Dr. Ngozi Okonjo-Iweala while responding to the 50 questions posed by the House of Representatives hinted that the Federal government granted waivers and exemptions totaling N171 billion to business across all sectors of the economy in the last three years. But in what seems to contradict the figures provided by the Minister of Finance the Nigeria Customs…