shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Jorothom takes over nacfa, commence operations …As Skye bank emerges coy. chairman

Jorothom takes over nacfa, commence operations …As Skye bank emerges coy. chairman

by Ade
December 15, 2008
in Uncategorized

About two years after it won the bid for the National Clearing and Forwarding Agency (NACFA) Jorothom International Agency winner of the bid for the National Clearing has finally taken over the terminals of the company just as it announced commencement of container handling operations.
Formerly known as Government Coastal Agency, NACFA was established in 1954 as a wholly owned government agency in charge of clearance of government cargoes. It was sold in 2006 to Jorothom for =N=3.6Billion
Speaking at the commissioning ceremony which held recently in Lagos, the chairman of the new NACFA Mr Kehinde Durosinmi Etti lamented the state of the company’s facilities. According to him, the assets of the agency were dilapidated and run down, adding that a lot of work had to be done to bring its facilities to an appreciable level.
He assured that NACFA under the new management will run the company with full consciousness of the objective of concession programme of government, noting that it would partner with government agencies particularly the Nigeria Customs Service.
Mr Durosinmi Etti acknowledged that putting the structures and facilities in place has been a painful and slow process, but fruitful.
The chairman who also doubles as the deputy managing director of Skye bank also said that now that the facilities are ready, the agency will be run efficiently in a cost effective manner.
Speaking earlier, the managing director of the agency, Mr Rotimi Omotosho noted that many banks do not realize that the maritime industry is one of the most viable sectors of the economy and commended Skye bank for its initiative to partner with Jorothom in the acquisition of NACFA.
“Before your involvement in financing projects in the maritime industry, many banks did not realize that the industry is one of the viable sectors of the economy”, he stressed.
Commending Skye bank for the efforts, the company’s managing director added “indeed, you are an eye opener and a pacesetter in the banking industry as far as project financing is concerned in the maritime sector.
“We are bold to say that we have restructured, re-engineered and repositioned NACAF for full efficient and effective operation in terms of the materials, capital and human resources we have put in place”.

 


Related Posts

VESSELS EXPECTED AT LAGOS PORT AS AT TUESDAY 10, MAY 2022

VESSELS EXPECTED AT LAGOS PORT AS AT TUESDAY 10, MAY 2022

May 10, 2022
VESSELS EXPECTED AT LAGOS PORT AS AT FRIDAY 29, APRIL 2022

VESSELS EXPECTED AT LAGOS PORT AS AT FRIDAY 29, APRIL 2022

April 29, 2022

‘Why I Pay More Attention To Rail Than Maritime Sector’- Rotimi Amaechi

September 27, 2021
ANLCA President Calls For Emergency On Reconstruction Of Roads Leading Into Apapa

ANLCA President Calls For Emergency On Reconstruction Of Roads Leading Into Apapa

May 15, 2021

Discussion about this post

Latest News

6 Ships With Petrol, Other Items Waiting To Berth At Lagos Ports

6 Ships With Petrol, Other Items Waiting To Berth At Lagos Ports

May 24, 2022

NEPZA Trains 40 Personnel For Security Of Special Economic Zones

NNPC, Sahara Group Invest $300m In Two Gas Carriers

Women Will Be Given Equal Opportunities As Their Male Counterparts – Amaechi

VESSELS EXPECTED AT LAGOS PORT AS AT TUESDAY 24, MAY 2022

Frustrated Nigerian Exporters Adopt Ghana, Togo Origin, Labels To Ship Products To Europe, UK

Why It’s Difficult To Operate Koko, Sapele Ports Now – NPA MD

Customs To Begin Full Automation In 2023

Former NAGAFF President Calls For Single Freight Forwarding Association In Nigeria

Training Fundamental Tool For Women Development, Visibility — Tumaka

Vanguard Award Challenges Me to Work Harder for Nigeria, Humanity – Jamoh

NDLEA Intercepts 24 Parcels Of Cocaine At Port Harcourt Airport

kindly like our Facebook page

Health

Stay Away From Bush Meat To Prevent Monkeypox, NCDC Urges Nigerians
Health

Stay Away From Bush Meat To Prevent Monkeypox, NCDC Urges Nigerians

May 23, 2022

The Director-General of the Nigerian Centre for Disease Control, Dr. Ifedayo Adetifa has urged Nigerians to avoid bush meat as...

Stop Consuming Suya Roasted With Open Flames, Physician Tells Nigerians

Stop Consuming Suya Roasted With Open Flames, Physician Tells Nigerians

May 23, 2022
COVID-19, 40 Other Outbreaks Top Regional Diseases In 2021 – WAHO

COVID-19, 40 Other Outbreaks Top Regional Diseases In 2021 – WAHO

May 16, 2022
EU Relaxes Anti-COVID Measures, Drops Wearing Of Masks On Planes

EU Relaxes Anti-COVID Measures, Drops Wearing Of Masks On Planes

May 16, 2022
What You Need To Know About Monkeypox

What You Need To Know About Monkeypox

May 16, 2022
Sleep Duration Of 7 Hours Optimal For Elderly – Study

Sleep Duration Of 7 Hours Optimal For Elderly – Study

May 16, 2022
COVID-19 On Increase In Americas, Africa – WHO

COVID-19 On Increase In Americas, Africa – WHO

May 9, 2022
‘65 Per Cent Of Africa’s Population Survived COVID-19’

‘65 Per Cent Of Africa’s Population Survived COVID-19’

May 9, 2022
Seven Hours Of Sleep Ideal For Middle-Aged Persons – Study

Seven Hours Of Sleep Ideal For Middle-Aged Persons – Study

May 9, 2022
Some Things That Are Actually Damaging The Kidneys (2)

Some Things That Are Actually Damaging The Kidneys (2)

May 9, 2022

The World Of Vaccines, Before And After COVID

April 29, 2022

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition