• About
  • Advertise
  • Contact
Saturday, August 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

FG’s Directive To NIMASA, NPA On Service Fee Collection Will Strengthen Naira – TMV

Vital News by Vital News
October 2, 2024
in Economy, News
0
Tinubu Appoints Mrs Walson – Jack As New HoS, Thanks Yemi – Esan For Stewardship
Share on FacebookShare on Twitter

The Tinubu Media Volunteers (TMV) says it is convinced that the new directive to the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) to start collecting fees in naira will go a long way to strengthening the local currency.

The group stated this in a statement signed by its Chairman , Chukwudi Enekwechi and Secretary, Sunday Shedrach Gyungoun.

TMV described the development as a novel initiative that will give more value to the Naira against other currencies.

The TMV said : “The recent federal government policy and directive to the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) to start collection of charges, fees and levies in the Nigerian local currency, Naira, rather than in foreign currencies, such as dollar, will go a long way to strengthen the Naira and reduce the pressure on the use of foreign exchange.

“We acknowledge that this novel idea is part of the Economic Stabilisation Bill to be presented by the President, Bola Ahmed Tinubu, to the National Assembly.

RelatedStories

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency

Japan Designates Kisarazu City As Hometown For Nigerians

FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

“This policy, we believe, will give priority to the use of Naira in international business transactions, thereby reducing pressure on the foreign exchange market.

“Furthermore, we believe that the move will bring value and pride to the Naira being Nigeria’s national currency.

” We recall that before the coming of the Tinubu administration, these agencies were charging in dollars, but with the new policy, the Nigerian currency will be given a pride of place in global business transactions. This is not only novel but phenomenal.

“We also note that the policy will detach our national currency from the uncertainties associated with the foreign exchange market.

“It will also be recalled that in its efforts to strengthen the Naira, the Federal Executive Council had recently mandated the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote refinery and other local refineries in Naira.”

TMV expressed hope that the two agencies would ensure full implementation of the directive.
(vitalnewsngr.com)

Tags: FeesFGnimasaNPA
Previous Post

President Tinubu Goes On Two Week Annual Leave

Next Post

Makinde Approves Recruitment Of 791 Senior Officers Into Oyo Civil Service

Vital News

Vital News

RelatedStories

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency
News

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency

August 22, 2025
Japan Designates Kisarazu City As Hometown For Nigerians
Foreign

Japan Designates Kisarazu City As Hometown For Nigerians

August 22, 2025
FAAC Disburses N1.678trn February Revenue To FG, States, LGs
Economy

FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs

August 22, 2025
First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing
Culture

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

August 22, 2025
President Tinubu Jets Out On State Visit To Saint Lucia, Brazil
National

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

August 21, 2025
Next Post
Oyo LG Chairmen Back Makinde’s Rejection Of Supreme Court Judgment On Autonomy, Opt Out Of ALGON

Makinde Approves Recruitment Of 791 Senior Officers Into Oyo Civil Service

Terrorists Kidnap Reporters Of The Nation, Blueprint Newspapers In Kaduna

Gunmen Kill Two Soldiers, Village Head, Six Other Persons In Benue Community

Police Service Commission Redeploys Four Commissioners To Delta, Kaduna, Rivers, Cross Rivers

Police Service Commission Redeploys Four Commissioners To Delta, Kaduna, Rivers, Cross Rivers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

New Naira Notes To Be Unveiled Wednesday, Nov. 23

3 years ago
Tinubu Appoints Mrs Walson – Jack As New HoS, Thanks Yemi – Esan For Stewardship

TSF Commends President Tinubu Over Increase In Corps Members Monthly Allowance

11 months ago

Renowned Professor of economics, Onyemelukwe killed by gunmen in Anambra

3 years ago
NDLEA Arrests  Hong Kong, France-bound Drug Barons At Abuja Airport, Excretes 112kg Cocaine, Heroin

NDLEA Arrests  Hong Kong, France-bound Drug Barons At Abuja Airport, Excretes 112kg Cocaine, Heroin

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

KB Klub Holds Largest Blood Donation Drive, Raises 500pints Of Blood In Lagos

Don’t Stay Away From Home, President Tinubu Tell Nigerians In Japan, Says Nigeria On The Rise Again

Abia Secures $750mln World Bank Support For Renewable Energy

Woman Mistaken For Kidnapper Killed By Irate Mob In Ilorin

Trending

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency
News

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency

by Vital News
August 22, 2025
0

The management of Dangote Cement Plc (DCP) has restated its commitment to training and constant retraining of...

Japan Designates Kisarazu City As Hometown For Nigerians

Japan Designates Kisarazu City As Hometown For Nigerians

August 22, 2025
FAAC Disburses N1.678trn February Revenue To FG, States, LGs

FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs

August 22, 2025
Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba,  N1.07bln Salary Arrears

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

August 22, 2025
First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

First Lady’s Delegation Pays Condolence Visit to Governor Ododo Over Father’s Passing

August 22, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency August 22, 2025
  • Japan Designates Kisarazu City As Hometown For Nigerians August 22, 2025
  • FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs August 22, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In