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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
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NPA: NIMASA Hands Over Site To Technical Partners

Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, OFR, middle flanked by the Managing Director, Melsmore, Mr. Danny Fuchs (left) and the Chief Engineer of Melsmore, Mr. Givol Yaron during the handing over of the leased site at the Continental Shipyard Limited (CSL) of the Nigerian Ports Authority to the technical partners, Melsmore. The event was held at the headquarters of the Agency in Lagos


By Favour & Akinola Ajibade

The Nigerian Maritime Administration and Safety Agency, (NIMASA) has handed over the leased site at the Continental Shipyard Limited (CSL) of the Nigerian Ports Authority to the technical partners, Melsmore. 

In line with the agreement between the duo, the partners are expected to liaise with the management of the Nigerian Ports Authority (NPA) in order to finalize site management, which include risk assessment in preparation to move the Modular floating Dock to the Continental Shipyard for the commencement of full operations.

Also, NIMASA and the partners have agreed to invite manufacturers of the Floating Dock, Damen Shipyard to join in recommissioning the Dockyard, while site preparations are ongoing. The aim is to ensure the deployment of Floating Dock in the shortest possible time.

Speaking at the event, the NIMASA's Director General, Dr. Bashir Jamoh, emphasised the need  to review the action plan in the light of realities on ground with detailed deliverables, and key performance indicators with clearly stated timelines.

Recall that Nigerians have been waiting for the deployment of the Modular Floating Dock, a national asset, which has potentials to boost maritime trade, create jobs, develop skills of workers, while at the same time, attract foreign investment and further prevent capital flight in the country.

In his remarks, the Managing Director, Melsmore, Mr. Danny Fuchs thanked the agency for the opportunity to work on the project, while giving assurance that the firm is prepared to handle the movement of the floating dock from the naval dockyard to the Continental Shipyard Limited (CSL).


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