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Maritime sector, top economic priority, says Oyetola

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  • 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.

 

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Maritime

Experts: Africa losing ground in global shipping over seafarer skills gap

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By Monireoluwa Lucas

Africa risks losing further ground in the global shipping industry as a shortage of internationally certified seafarers and maritime professionals continues to limit the continent’s ability to compete in an increasingly technology-driven sector.

The Manager of Training and Maritime Centre of Excellence (MCOE) at Nigerian Maritime Services Limited (NSML), Dr Effiong Ekanem-Attah, raised the concern at the 2026 Maritime Training Institute organised by the Association of Maritime Journalists of Nigeria (AMJON) in Lagos.

Ekanem-Attah, who represented the Managing Director of NSML, Abdulkadir Kere Ahmed, said the global maritime industry was becoming increasingly regulated, technology-driven and dependent on skilled professionals capable of operating under international standards.

Speaking on the theme: “The Power of Innovation in a Future-Ready Maritime Training Agenda,”  he said digitalisation, decarbonisation, automation and stricter safety requirements were reshaping shipping and increasing demand for competent maritime professionals.

He said that despite Africa’s strategic maritime location and extensive coastline, the continent had struggled to produce sufficient internationally certified seafarers to meet the demands of the global maritime labour market.

According to him, limited access to quality maritime training, inadequate simulator facilities, accreditation challenges and insufficient opportunities for practical sea-time were among factors responsible for the skills gap.

The situation, he said, had compelled many shipping companies operating in Africa to rely heavily on expatriates for critical technical and operational positions.

“Consequently, many shipping companies operating in and out of Africa have relied heavily on expatriate personnel for critical technical and operational roles,” he said.

Ekanem-Attah said closing the gap would require an integrated maritime manpower development system combining education, professional certification, practical sea-time, mentorship, technology, research and industry collaboration.

He said the NSML Maritime Centre of Excellence on Bonny Island, Rivers State, was established as part of efforts to address longstanding maritime manpower challenges.

According to him, the centre combines maritime training, simulator-based learning, sea-time development, professional certification support, research, consultancy and industry partnerships.

Ekanem-Attah said the centre had secured international accreditations, including ISO 9001:2015 Quality Management System, DNV standards for maritime simulator and training centres, United Kingdom Maritime and Coastguard Agency accreditation for six courses, Nautical Institute accreditation for Dynamic Positioning programmes, as well as accreditations from Marshall Islands, Bermuda and the Nigerian Maritime Administration and Safety Agency (NIMASA).

He said the accreditations would enable Nigerian and other African maritime professionals to obtain globally recognised qualifications locally instead of travelling abroad for specialist training.

The centre, he added, had invested in advanced facilities, including bridge and engine-room simulators and Dynamic Positioning systems, enabling trainees to simulate operational situations, emergency procedures and other risk-sensitive scenarios.

On the challenge of sea-time, Ekanem-Attah said NSML’s Seafarers Continuous Development Programme had provided opportunities for young professionals seeking to meet certification requirements.

He said 272 cadets had completed sea-time training through the programme, while another 54 were either in college or onboard vessels progressing towards professional certification.

“As of August 2026, NSML employs over 700 seafarers and remains the largest employer of qualified Nigerian seafarers,” he said.

Also speaking, the Lagos Port Complex Manager of the Nigerian Ports Authority (NPA), Mr Adebowale Lawal, who represented the Managing Director, Dr Abubakar Dantsoho, said technology alone could not transform the maritime sector without adequate human capital.

Lawal said digitalisation, artificial intelligence, automation, robotics and data-driven logistics were changing global port and shipping operations.

He said the NPA had deployed technology to improve efficiency, transparency, safety and service delivery, citing the Electronic Call-Up System, Electronic Access Control, digital revenue systems, vessel management platforms and the ongoing development of the Port Community System.

According to him, the Authority was also aligning its processes with the National Single Window to promote greater integration and electronic exchange of information among maritime stakeholders.

“These initiatives demonstrate that the future of our ports will depend increasingly on people who understand and can effectively deploy technology,” he said.

Lawal said maritime training institutions must produce professionals who were technically competent, innovative, adaptable and digitally literate, as the industry moves towards smart ports, autonomous and connected ships, cybersecurity systems, green shipping technologies and data-driven decision-making.

He urged greater collaboration among government, industry and training institutions to develop the manpower required to make Nigeria’s maritime sector globally competitive.

“Let us remember that innovation is not only about machines and technology; it is about people, ideas and the courage to do things better,” he said.

Lawal added that sustained investment in skills development would help Nigeria build a workforce capable of driving safer, smarter, greener and more efficient maritime and port operations.

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Maritime

‘CVFF to revive indigenous shipbuilding, create 30,000 jobs’

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By Josephine Lucas
The Federal Government has said the disbursement of the Cabotage Vessel Financing Fund (CVFF) to qualified Nigerian shipowners will revive indigenous shipbuilding and create more than 30,000 direct and indirect jobs across the maritime sector.
Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, gave the indication while directing the Nigerian Maritime Administration and Safety Agency (NIMASA) to work with the 12 approved Primary Lending Institutions (PLIs) to accelerate the disbursement of the long-awaited fund.
Oyetola, in a statement issued yesterday by his Special Adviser, Dr Bolaji Akinola, said significant progress had been recorded in the processing of applications under the CVFF framework.
He disclosed that NIMASA had received 92 applications for funding, with 20 already submitted to the PLIs, while one application had been reviewed and forwarded for approval.
The Minister’s directive is aimed at ending more than two decades of delays that have prevented Nigerian shipowners from accessing the fund, which is expected to provide low-interest, long-term financing for the acquisition of modern vessels and expansion of indigenous fleets.
According to him, the fund will strengthen the capacity of Nigerian shipowners to compete for coastal and offshore shipping contracts, reduce dependence on foreign vessel operators and retain more value within the Nigerian economy.
Oyetola said the initiative could generate more than 30,000 direct and indirect jobs in shipyards, marine engineering firms and maritime logistics companies, while strengthening Nigeria’s domestic ship-owning and shipbuilding ecosystem.
The Minister said the Federal Government’s decision to commence the disbursement followed President Bola Ahmed Tinubu’s authorisation to address the long-standing financing challenges confronting domestic maritime operators and unlock the economic potential of the blue economy.
He recalled that in April 2025, he directed NIMASA to commence the process for the disbursement of the CVFF, marking what he described as a decisive break from years of administrative delays.
The process gathered momentum with the launch of the CVFF Application Portal in Lagos on January 22, 2026, providing a structured and transparent platform for eligible Nigerian shipowners to apply for financing.
Oyetola also expanded the number of PLIs from five to 12 in a bid to accelerate the processing and disbursement of the fund.
Beyond vessel financing, the Minister said the Federal Government was investing in the development of Nigerian seafarers through expanded training, certification and welfare initiatives.
He disclosed that 222 seafarers had received free training in basic and advanced professional courses, while 333 cadets had completed their academic training and obtained degrees.
Under the Nigerian Seafarers Development Programme (NSDP), he added, 135 cadets had completed the programme and obtained their Certificates of Competency (CoC).
Oyetola further disclosed that 7,059 Nigerian seafarers had been placed onboard vessels to acquire sea-time experience.
He said the interventions were part of the Federal Government’s broader strategy to build a competitive maritime workforce, strengthen indigenous capacity and ensure that Nigerians benefit directly from opportunities in the blue economy.
The Minister said the ongoing CVFF process represented an important step towards repositioning Nigeria’s indigenous shipping industry after years of limited access to maritime finance.
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NPA to assume inland dry port functions as NSC transitions to NPERA

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By Monireoluwa Lucas

The Federal Government has directed the transfer of the Inland Dry Port (IDP) functions of the Nigerian Shippers’ Council (NSC) to the Nigerian Ports Authority (NPA) as part of ongoing reforms in the nation’s maritime sector.

The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, announced the directive while disclosing plans for the transition of the NSC into the newly established Nigeria Ports Economic Regulatory Agency (NPERA).

Oyetola said the changes were aimed at ensuring a clear separation between port economic regulation, infrastructure development and port operations.

According to him, a Ministerial Committee has been constituted to oversee the transition of the NSC into NPERA following President Bola Ahmed Tinubu’s assent to the NPERA Act, 2026.

The minister described the new legislation as a landmark reform that would establish a substantive statutory economic regulator for Nigeria’s port sector after about two decades of efforts to achieve such a framework.

The NSC has served as the country’s interim port economic regulator since 2014.

Under the new arrangement, NPERA will be responsible for key economic regulatory functions, including the regulation of tariffs and charges, promotion of competition, licensing, service standards, commercial dispute resolution and protection of port users.

Oyetola said the separation of regulatory and operational responsibilities was necessary to strengthen confidence in the sector and prevent actual or perceived conflicts of interest.

He said an economic regulator must be able to operate as an impartial referee and should not simultaneously perform functions that could compromise that role.

The minister said the government’s objective was to ensure that agencies under the Federal Ministry of Marine and Blue Economy operated within clearly defined mandates.

This, he said, would eliminate overlapping responsibilities, improve transparency and provide a more predictable business environment for port users, investors, terminal operators, shipping companies and other stakeholders.

On the transfer of the IDP functions, Oyetola said moving the responsibility to the NPA would strengthen the development and integration of inland dry ports into Nigeria’s wider port infrastructure and operational network.

He said the NPA was better positioned to promote the facilities as part of an integrated national port system.

The minister said the emergence of NPERA marked a new phase in the governance of Nigeria’s port sector, assuring that the government would work to ensure a smooth transition.

 

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