Maritime
Maritime sector, top economic priority, says Oyetola
- Nigeria eyes IMO Council seat for global maritime leadership
- NIMASA seeks $150b to bridge ocean funding gap
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has yet declared the country’s intent to return to Category C of the International Maritime Organisation (IMO) Council, framing it as a crucial step to assume a greater role in global maritime governance.
He said the move would cement Nigeria’s influence in shaping global maritime decisions, while positioning the domestic maritime sector as a cornerstone for reducing reliance on oil and gas through diversification and blue economy growth.
Oyetola made the remarks in Lagos at the 2025 World Maritime Day celebration, themed “Our Ocean, Our Obligation, Our Opportunity.”
He stressed that the nation is stepping up its push for global maritime leadership with bold commitments to ocean stewardship, modernising port infrastructure, strengthening international cooperation, and unlocking the vast opportunities of the blue economy to drive sustainable development.
Highlighting the vital role of the ocean, Oyetola noted that it covers over 70 per cent of the earth’s surface, produces up to 80 per cent of the planet’s oxygen, and carries more than 80 per cent of global trade. Yet, he warned, it faces growing threats from climate change, overfishing, pollution, and neglect.
“The message is clear: we must be stewards, not exploiters,” he said, pledging stronger action on sustainable fishing, marine pollution, biodiversity protection, and maritime safety and security.
The minister described the blue economy as a “new frontier of innovation, prosperity and inclusive growth,” with opportunities spanning renewable energy, marine biotechnology, and sustainable aquaculture. He called for stronger collaboration with the international community, extending “a special invitation to members of the diplomatic community,” and commended agencies under his ministry for their contributions to President Bola Tinubu’s Renewed Hope Agenda.
In his goodwill message, NIMASA Director-General, Dr Dayo Mobereola, reinforced the ocean’s importance to Nigeria’s economy and sovereignty.
“For us, the ocean is the lifeblood of our nation, the gateway for over 80 per cent of our trade, and a reservoir of immense biodiversity and resources. Its health dictates our climate, its security defines our sovereignty, and its potential holds the key to our future,” he said.
Mobereola highlighted Nigeria’s Marine Litter and Plastic Action Plan, alongside efforts to implement IMO frameworks for a healthy marine environment. He also pressed for fairness in the global transition to net-zero emissions.
“We are strongly advocating for a just and equitable transition to net-zero Greenhouse Gas emissions for Sub-Saharan Africa, Small Island Developing States and Least Developed Countries to ensure fairness and social justice,” he stated.
On security, the NIMASA boss pointed to the Deep Blue Project as “a game changer in addressing maritime security in Nigeria and the Gulf of Guinea.” He outlined investment opportunities in fisheries, aquaculture, renewable energy, shipbuilding, tourism, and port infrastructure, but warned that funding shortfalls remain.
“According to the World Bank, Sustainable Development Goal 14 (Life Below Water) is one of the most poorly funded SDGs, with an annual financing gap of approximately $150 billion. Public funding will never be enough to close the gaps,” Mobereola said, urging private sector participation supported by incentives and de-risking mechanisms.
Both Oyetola and Mobereola closed with a call for collective responsibility in safeguarding ocean resources. As Oyetola put it: “Our obligation is to safeguard it. Our opportunity is to transform it for the benefit of generations to come.”
The 2025 World Maritime Day celebration in Lagos drew maritime stakeholders, diplomats, and industry leaders, underscoring the country’s ambition to strengthen its blue economy, enhance maritime security, and assert its leadership on the global maritime stage.
Maritime
Fed Govt slashes vehicle import levy
- Fiscal measures take effect
The Federal Government has reduced the import levy on both new and used vehicles as part of its 2026 Fiscal Policy Measures
The move, the government said, is aimed at lowering the cost of vehicle importation, easing the burden on importers and improving access to vehicles for consumers.
The new fiscal measures, which took effect on July 1 2026, form part of a broader review of Nigeria’s import tariff structure and customs regime designed to stimulate economic activity and support trade.
Under the revised policy, the import levy on new vehicles has been reduced from 20% to 10%, while the levy on used vehicles has been cut from 15% to 5% per cent.
According to government, “Beginning 1st July 2026, the Nigeria Customs Service will implement the Green Tax Surcharge as part of the 2026 Fiscal Policy Measures to support environmental sustainability. while also reducing the import levy on new vehicles from 20% to 10% and that of used vehicles from 15% to 5% to ease the cost of vehicle importation?”
Importers and dealers have since welcomed the development, describing it as a positive step forward.
Maritime
NPA launches multi-agency task force to tackle renewed Lagos port gridlock
The Nigerian Ports Authority (NPA) has inaugurated a multi-agency task force to address the resurgence of traffic congestion along the Lagos port access roads, as part of renewed efforts to ensure seamless cargo evacuation and sustain improvements in port operations.
The initiative followed a stakeholders’ meeting convened by the Managing Director of the NPA, Dr. Abubakar Dantsoho, last month, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate bottlenecks affecting cargo movement.
Deliberations at the meeting identified illegal extortion points, overlapping responsibilities among security agencies and other operational inefficiencies as major causes of the renewed gridlock along the port corridor.
Speaking on the outcome of the meeting, the General Manager, Corporate and Strategic Communications of the NPA, Ikechukwu Onyemakara, said the Authority remains committed to ensuring the unhindered movement of cargo to and from the nation’s seaports.
According to Onyemakara, the task force has been mandated to monitor truck movement along the port access roads on a regular basis, identify disruptions capable of causing traffic gridlock and immediately resolve such issues before they escalate.
He explained that members of the team would not establish checkpoints along the corridor but would instead maintain strategic presence at designated locations to ensure compliance while avoiding further obstruction to traffic.
To facilitate swift response to emerging challenges, Onyemakara said the task force has created a dedicated WhatsApp platform through which members can instantly report traffic violations and other incidents requiring immediate intervention.
On the renewal of the Electronic Truck Call-Up (ETO) system contract, which expired recently, the NPA spokesman said the Authority is reviewing the contractual terms to ensure a stronger and more effective framework before awarding a new agreement.
He, however, clarified that the ETO platform remains operational under the management of Truck Transit Parks (TTP) pending the conclusion of the procurement process.
He expressed optimism that the renewal process would be completed soon.
Reaffirming the Authority’s commitment to maintaining free-flowing port access roads, Onyemakara noted that efficient logistics remain central to the NPA’s strategy to enhance Nigeria’s port competitiveness and sustain the country’s improving global reputation.
“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said.
He added that the Authority was determined to consolidate the gains already recorded in port efficiency, citing recent international recognition, including positive assessments by the World Bank, as evidence of ongoing progress.
“We are determined to sustain and even surpass the improvements already recorded in our port system. You can be assured that we remain fully committed to achieving the best possible performance from our ports,” Onyemakara said.
The newly inaugurated task force comprises representatives of the NPA, the Nigeria Police Force, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).
Maritime
Stakeholders move to avert gridlock on Lekki port corridor gridlock
Stakeholders operating within the Lekki Deep Seaport corridor have agreed on a series of measures aimed at eliminating the persistent traffic gridlock that has crippled access roads to the port and adjoining industrial facilities for more than a year.
The resolution was reached at a strategic stakeholders’ meeting convened by the Nigerian Ports Authority (NPA) and chaired by the Lekki Port Manager, Emmanuel Anda.
The meeting was attended by representatives of the Lagos State Government, Lekki Port, Dangote Refinery, truck owners’ associations, the Electronic Truck Call-Up System operator, and other key industry stakeholders.
A major decision taken at the meeting was the prohibition of stationary trucks and tankers along the Lekki port corridor.
Stakeholders agreed that all trucks must remain in designated holding bays and waiting areas until they receive clearance to proceed to the port or industrial facilities.
The agreement followed an inspection tour of the Lekki port access roads by the stakeholders, who witnessed firsthand the severity of the traffic congestion. They subsequently resolved that the situation could no longer be allowed to persist.
Speaking at the meeting, the representative of Mycallup, the electronic truck call-up system operator for the Lekki Port corridor, Timi Koteolu, identified trucks servicing Dangote Refinery outside the electronic scheduling platform as one of the major causes of the gridlock.
According to him, many truck drivers operating with Dangote Refinery’s Authority to Collect (ATC) permits have been found parking indiscriminately along the roads while waiting to gain access to the refinery.
Koteolu disclosed that trucks servicing the refinery are currently not integrated into the port’s electronic call-up system, a development he said has contributed significantly to the traffic bottleneck.
Responding, the representative of Dangote Refinery, Jaiyeola Moshood, explained that the ATC permits serve as the approved access mechanism for tankers entering the refinery.
However, the management of the electronic truck call-up system maintained that trucks without an active call-up should not approach the port corridor and should instead remain in designated waiting areas until they are required at their respective terminals.
The Association of Maritime Truck Owners (AMATO) and the National Association of Road Transport Owners (NARTO) pledged their support for the initiative, promising to sensitise their members while calling for strict enforcement of traffic regulations to restore order along the corridor.
Also speaking, the Coordinator of NUPENG Dangote Refinery, Ademola Adeshina, stressed the need to decongest the port corridor and assured stakeholders that his members would comply with the established Standard Operating Procedures.
Anda commended the stakeholders for their commitment to finding a lasting solution to the traffic challenge and urged all parties to adopt a practical approach to addressing the menace.
He specifically encouraged Dangote Refinery to fully integrate with the electronic truck call-up platform, noting that such collaboration would significantly improve traffic management and reduce the indiscriminate presence of trucks on the access roads.
The Lekki Port Manager also assured participants that discussions would continue with the management of Dangote Refinery to strengthen coordination of truck movements, stressing that vehicles issued with ATC permits should only proceed when duly cleared.
Stakeholders expressed optimism that the collective measures would restore free flow of traffic, improve operational efficiency, and enhance safety along the Lekki port corridor, a critical gateway for Nigeria’s expanding maritime and industrial activities.
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