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NIMASA to Review 3% Freight Benchmark



  • NIMASA to Review 3% Freight Benchmark

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr, has inaugurated a committee to review the parameters for charging three per cent freight benchmark, currently collected by the agency.

According to the Head, Corporate Communications Team of NIMASA, Hajia Lami Tumaka, Peterside said that the vision of the agency was to advance Nigeria’s global maritime interests.

He said, “The inauguration of the committee is coming on the heels of a recent visit to the agency by the Shipping Association of Nigeria.”

The director-general said the association was an assemblage of the major shipping companies operating in the country, who expressed concern over the current benchmark freight rate used in the industry.

The shipping companies had argued that the benchmark did not represent three per cent of the freight.

The representatives of the companies argued that if it is calculated, using some other parameters, it will be discovered that the shipping companies were being charged more than what they should pay.

“As an organisation that is sensitive, we acknowledge that our actions have overall impact on businesses and our function as a regulatory agency is not to stifle business but to encourage businesses, promote shipping and support both indigenous entrepreneurs and those who do business in our country.

“Also, our ultimate objective is to create the enabling environment for the industry to thrive, not for us to kill the industry.

“We realise that there must be a meeting point between practitioners in the industry and those of us who are on the regulatory side.

“It is on that basis that we decided to assemble a team of stakeholders; a mixed team made up of practitioners in the industry.

“Other regulators and other stakeholders to come together to advise us on what should constitute our benchmark,” NAN quotes the director-general as saying.

Peterside, however, urged the committee to let the overall national interest guide their decisions, adding that “not how much money that will come to the coffers of NIMASA and to them as businessmen’’.

“Let us be guided by the national interest of our country and the interest of the industry where we are all practising.

“Things we must do must be in line with global best practices, so that we will remain competitive,’’ NAN quotes him as saying.

The committee has six weeks to submit its recommendations, which will be studied by the Management of NIMASA and thereafter forwarded to the Minister of Transportation, Mr Rotimi Amaechi in line with Section 5, Sub (1) of the NIMASA Act, 2007 for further action.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Transcorp Hotels Expand into Marketplace, Launches Aura to Connect People, Hoteliers, Others



Transcorp hotel

Transcorp Hotels Plc, on Thursday, announced it has launched a new digital platform, Aura, through which people can book accommodation, restaurants and experiences.

Aura, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.

It’s a new dawn in the hospitality industry! I am thrilled to introduce you to Aura by Transcorp, the digital platform we are using to connect people to quality accommodation, great food, and awesome experiences,” Managing Director and Chief Executive Officer of Transcorp Hotels Plc. Dupe Olusola said.

For more than 30 years, Transcorp Hotels Plc has been at the forefront of creating a superior guest experience at our locations. Today, our commitment to innovation has offered us an opportunity to extend this beyond the hotel premises,” Olusola added.

The launch of Aura by Transcorp is one of the most significant developments in the company’s history as it seeks to transform the travel and tourism industry in Africa by focusing on three important components of travel, whether for leisure or business — where you stay, what you eat and how you spend your time. With its people-driven hospitality model, Aura is set to revolutionise travel and help remind Africans of our deep history of hospitality.

Speaking on the launch of Aura, Obong Idiong, Chief Executive Officer at Africa Prudential Plc, Aura’s technology partners, expressed his excitement. “Finding the right accommodation when you travel can be incredibly complex. Options available for the right prices are often limited, and travellers sometimes end up with accommodation that taints the travel experience. Transcorp Hotels Plc has been able to fix that with Aura and we are proud to be associated with them.”

To ensure topnotch user experience, we built a solution to drive digital transformation through the adoption of shared living spaces for the Aura business. With an advanced search algorithm powered by artificial intelligence, Aura determines the relevance of locations taking into consideration, the customers’ preferences and requirements to meet them at the point of their needs,” Idiong added.

Priscilla Adeboye, a travel enthusiast and early adopter of Aura, said the global pandemic has pushed international travel down her list. “But I still want to be able to take some time off work or spend a weekend away from home with the family. I have found incredible homes on Aura that meet my need for space and privacy.


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Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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