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Infrastructure
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has announced that Nigeria is targeting an ambitious annual Gross Domestic Product (GDP) growth rate of seven per cent. Speaking on Monday in Lagos during the Islamic Development Bank (IsDB) Day, Mr. Edun emphasized that this growth trajectory is essential to effectively ...
Maritime and Blue Economy
....as NPA expect 33 ships to berth at Lagos ports Import-laden container traffic into Nigerian seaports rose by 33.1 per cent to 268,713 Twenty-Foot Equivalent Units (TEUs) in the third quarter of 2025, according to operational data released by the Nigerian Ports Authority (NPA), signaling a significant boost in the country’s trade activity. This is ...
Maritime and Blue Economy
Stories by Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced plans to launch an application portal for the Cabotage Vessel Financing Fund (CVFF), marking a major step toward the long-awaited disbursement of the fund. According to a public notice titled “Commissioning of the Cabotage Vessel Financing Fund (CVFF) Application Portal,” obtained by newsmen, the portal will be officially ...
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Maritime and Blue Economy
The Akwa Ibom State Government has taken a significant step toward the realization of the Ibom Deep Seaport by signing a Memorandum of Understanding (MoU) with the Interaf Group Consortium. Governor Umo Eno, speaking during the signing ceremony at the Government House, Uyo, on Tuesday, reaffirmed his administration’s unwavering commitment to delivering the project, describing ...
Maritime and Blue Economy
Eleven ships laden with petroleum products and food items have arrived at the Apapa, Tin Can Island, and Lekki ports in Lagos, waiting to discharge their contents. The Nigerian Ports Authority (NPA) disclosed this in its daily Shipping Position publication made available to newsmen on Tuesday in Lagos. According to the document, the vessels are ...
Maritime and Blue Economy
...as SEREC warns against Port shutdown The Nigerian Shippers’ Council (NSC) has directed all shipping companies, shipping agents, and terminal operators to immediately suspend any review or upward adjustment of charges until they have fully engaged with stakeholders. In a statement signed by the Head of Public Relations, Rebecca Adamu, the Port Economic Regulator clarified ...
Maritime and Blue Economy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its resolve to strengthen maritime safety and security through enhanced collaboration with the Nigerian Navy, with a specific focus on hydrography. This commitment was brought to the fore during a familiarization visit to the NIMASA Headquarters in Lagos by the Flag Officer Commanding, Western Naval ...
Maritime and Blue Economy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced a rigorous enforcement exercise tagged “Operation Zero Tolerance for Non-Compliance,” aimed at enforcing full adherence to maritime laws within Nigerian waters. The Agency has, however, approved a 30-day grace period, effective January 5, 2026, for operators to self-audit and regularise their documents before sanctions are ...
Maritime and Blue Economy
Nigeria’s Blue and Economic Ministry, under the leadership of Minister Oyetola, has positioned 2025 as a landmark year for maritime development, fisheries growth, and international influence. The year has been defined by innovative domestic policies, record investments in coastal industries, and Nigeria’s historic election to the International Maritime Organization (IMO) Council, signaling the country’s rising ...
Maritime and Blue Economy
...appeals to SON, NAFDAC to stop charging cargo examination fees A former spokesman of the Shippers Association of Lagos State (SALS) and Managing Director/CEO of Wealthy Honey Investment Limited, Dr. Kayode Farinto, has accused commercial banks of exploiting importers during the processing of Form M, a key document used for cargo clearance in Nigerian ports. ...
Maritime and Blue Economy
...as Dr Mobereola lauds Tinubu, Oyetola for Nigeria’s victory. The members of staff of the Nigerian Maritime Administration and Safety Agency (NIMASA) today hosted the Director General, Dr Dayo Mobereola and the Executive Directors to a surprise reception to commemorate Nigeria’s recent election into the Category C Council of the International Maritime Organization (IMO). The reception, which was held ...
Maritime and Blue Economy
Former NIMASA Director-General and CEO, Dakuku Peterside, has called for the formal validation of maritime expertise in Nigeria to align local competencies with global standards. Peterside made the call at the Omniversity Imperial College’s 2025 African Education Innovation Workshop and ISO-Aligned Practice Qualifications Conferment held in Lagos. He emphasised that building capacity today is essential to preparing ...
Maritime and Blue Economy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with the Tanzania Shipping Agencies Cooperation (TASAC) to deepen regional collaboration and advance Africa’s maritime sector. The agreement was endorsed on the sidelines of the International Maritime Organization (IMO) General Assembly by NIMASA Director-General, Dr. Dayo Mobereola, and Tanzania’s Alternate Permanent Representative to the IMO, Dr. ...
Maritime and Blue Economy
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has been conferred with the prestigious Award of “Excellence in Maritime Infrastructure Modernization & Global Competitiveness” at the Nigeria Excellence Awards in Public Service (NEAPS), held at the Presidential Villa, Abuja. The high-profile award ceremony, a flagship national initiative coordinated by the Office ...
Maritime and Blue Economy
As travel activities surge along Lagos’ water transport routes this December, the Lagos State Waterways Authority (LASWA) and the National Inland Waterways Authority (NIWA) have launched a strengthened joint safety and security campaign to ensure safer passenger movement throughout the festive season. The collaborative initiative, announced on Tuesday in Lagos, aims to reinforce operational safety, ...
Maritime and Blue Economy
Stories by Seun Ibiyemi The Federal Government has launched the Nigerian Shippers’ Council’s Enterprise Content Management System (ECMS). The new digital system will boost digital governance, institutional efficiency, and enhanced competitiveness in the maritime and blue economy sector. At the unveiling in Abuja by the Secretary to the Government of the Federation (SGF), Senator George ...
Aviation
....says over 25,000 foreign vessels operate illegally in Nigeria’s coastal waters Stories by Seun Ibiyemi Senior Partner at Olisa Agbakoba Legal (OAL) and pioneer President of the Nigerian Chamber of Shipping, Dr. Olisa Agbakoba (SAN), has raised alarm over Nigeria’s massive economic losses in the maritime and blue economy sector, estimating an annual revenue drain of ...
Maritime and Blue Economy
Truck Transit Parks Limited (TTP), operators of the electronic call-up system, Eto, has highlighted major investment in technology to improve efficiency at Lagos ports, reporting that 900,000 trucks used the platform at Apapa and Tin-Can Ports between January and November 2025. TTP Managing Director, Mr. Jama Onwubuariri, told the Shipping Correspondents Association of Nigeria (SCAN) ...
Maritime and Blue Economy
Nigeria has reaffirmed its commitment to active global maritime engagement after its election into Category C of the International Maritime Organization (IMO) Council at an appreciation lunch for IMO delegates in London. The lunch hosted by Nigeria's Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola was an occasion to thank diplomats, dignitaries, and representatives of member ...
Maritime and Blue Economy
Nigeria on Friday, 28th November 2025, secured a landmark victory as the country was elected into Category C of the International Maritime Organization (IMO) Council for the 2026–2027 biennium. The election, held during the IMO General Assembly in London, marks Nigeria’s triumphant return to the Council after a 14-year absence, restoring the nation’s global standing ...