Given that the blue economy is centered on trade and actions around large bodies of water ranging from rivers to oceans, Chiemelie Ezeobi reports that the recently commemorated 2021 World Hydrography Day provided ample opportunity to highlight the import of hydrography to the project and the Nigerian Navy’s role in actualising it
The blue or marine economy is the ecosystem of economic activities centred on trade and actions around large bodies of water ranging from rivers to oceans. When this is managed effectively, it yields better dividends given that over 90 per cent of the world’s trade is conducted by the sea, and this is by far, the most cost-effective way to move large quantity of goods and raw materials around the world.
Hadiza Bala-Usman
With the electronic call-up system (ETO) introduced by the Nigerian Ports Authority (NPA) to solve the Apapa gridlock, sanity is gradually returning to the road. Before the electronic call-up system’s commencement, the Managing Director of the NPA, Hadiza Bala-Usman, spoke with editors of national newspapers on how the process will work. Eromosele Abiodun presents the excerpts.
Early last year, a businessman said it cost N60,000 to clear anything out of the port. But within last December and January, that same truck cost him N1,000,000. The reality is that the more you try, the harder it gets to do anything. Security operatives’ deployment to Apapa is like doing business in the Niger Delta. It is the most lucrative posting for security men in Lagos today.