Transport
CVFF DISBURSEMENT: Strive To Qualify, Ship Owners Advise Designated Beneficiaries.
By Izuchukwu Ozoemena
Deserving indigenous ship owners angling to benefit from the about-to-be-disbursed Cabotage Vessel Finance Fund (CVFF) must be prepared to speedily sort out the criteria for the disbursement of the fund.
This idea is being canvassed as Nigerians in general and ship owners in particular eagerly look forward to the general elections and the end of the Buhari-led administration.
Barring unforeseen circumstances, ship owners express hope that the much talked-about Cabotage Vessel Financing Fund (CVFF) disbursement will be a reality after over a 17- year period of promise-and-fail.
According to some respondents to posers in the first month of the new year, there are high hopes that qualified ship owners earlier verified stand to smile eventually.
“Even though the disbursement of the fund looked elusive all these while, there is hope that it will be given to qualified beneficiaries this time around, going by the posture and body language of the current Transportation Minister, Engr Muazu Sambo”, a ship owner confessed.
This stance is supported by Jegede Paul, a ship owner and member of the Nigerian Ship Owners’ Association (NSA). He said that the recent pronouncement by the Minister of Transportation on the matter is reliable and convincing.
Kegede Paul, the CEO of Japual Oil and Gas Services Plc optimistically maintained that disbursement of the fund would depend largely on the readiness of stakeholders to satisfy the conditions attached.
“Yes, it is reliable depending on how quick the stakeholders sort out the criteria with Government for disbursement.”
Otunba Sika Olatunji, MD/CEO of Victory Energy Resources Ltd said that disbursement of the fund was organic looking at the history of the Fund.
He added that several pronouncements have been made by government officials without keeping to the project.
He said, “On the question you asked about the disbursement of CVFF, it’s really organic looking at the history of Cabotage, CVFF, pronouncements upon pronouncements by past and present public officials.
“It’s like government officials take pleasure in building hope for the maritime entrepreneurs and at the end ,it turns out to be ‘ the more you look, the less you see’! Here we are again.
We hope this time around government pronouncement will not be ‘ as I dey pepper us ,I dey sweet them’, apology to Governor Wike.”
For Captain Franklin Akinpelu, the dream of disbursing the fund is realizable despite general elections slated for February, 2023.
Maritime Agencies
SEA EXPERIENCE: NSML Inducts 30 MAN Oron Cadets for On-board Training
By Izuchukwu Ozoemena
The recent induction of thirty cadets of the Maritime Academy of Nigeria (MAN), Oron for an on-board training programme at the Maritime Centre of Excellence (MCOE) of the Nigeria LNG Ship Management Limited (NSML), has been described as a celebration of aspiration, collaboration and a shared commitment to shape the next generation of maritime professionals.
NSML’s Managing Director, Engr Abdulkadir Ahmed stated this at the well-attended event, Friday, February 20.
He recalled a strategic agreement the NSML signed with MAN Oron in December 2025 to provide structured training for cadets through her MCOE, a decision he said was not accidental.
”It was a deliberate investment in people, the most critical element in maritime operations, and today, we are witnessing the first fruits of that commitment.This induction is another strong testament to NSML’s unwavering dedication to excellence, capacity development, and industry leadership.”
Over the years, he explained, NSML has built a reputation as a leading provider of maritime and shipping services not only in Nigeria but across the region. Her track record of developing competent and globally competitive seafarers is well established as it continues to stand her out in the industry.
The establishment of the Maritime Centre of Excellence, the MD continued, was anchored on a simple but powerful vision of building a premier maritime training institution that delivers world-class programmes, produces capable professionals, and supports the long-term sustainability of the maritime workforce.

”Through the MCOE, NSML has continued to raise the bar, offering specialised courses, simulator-based training, and professional development pathways that match international best practices.This partnership with MAN Oron strengthens that aspiration; it brings together two institutions that share a common philosophy that the future of the maritime sector depends on how well we train, mentor, and empower young Nigerians. It also reflects the progressive thinking of both organisations to invest consistently in human capital, to strengthen local capacity, and to contribute meaningfully to the growth of Nigeria’s maritime industry.”
”For us in NSML, this initiative aligns squarely with our purpose and our organisational values of developing qualified, competent, and safety-conscious seafarers. This is not just an activity; it is part of the DNA of NSML, it is who we are and why we exist. Every investment we make in training reinforces our commitment to excellence, operational safety, and national development.”
He told the cadets that their induction marks the beginning of a transformative journey as the maritime profession demands discipline, resilience, integrity, and the relentless pursuit of excellence.
”You are stepping into a career that will test you, shape you, and ultimately reward you. NSML and MAN Oron are giving you a solid foundation, but your attitude, effort, and character will determine how far you go.”
He urged the cadets to remain focused as they uphold the highest ethical standards while embracing the opportunity offered them.
He extolled all stakeholders, partners and the MCOE team for their dedication, pointing out that their work ensures that designed programmes remain relevant, competitive and impactful. And to the leadership of MAN Oron, we appreciate the trust and collaboration that brought us to this point.
Ahmed reaffirmed a shared belief with MAN that Nigeria can and must continue to develop world-class maritime professionals.
”NSML is fully committed to that mission, and today’s ceremony reinforces that promise,” he announced.
Apart from Mrs Anasthesia Ogbonna who stood in for H.E. Adegboyega Oyetola, the Marine and Blue Economy Minister, prominent industry players who graced the event included Capt Chamberlain Yusuf, Capt Israel Obadan, Capt Tajudeen Alao and Sam Isichei, member, MAN Governing Council .
Also in attendance were some senior staff of MAN and NSML including Dr. Ekanem of NSML. From MAN were Dr. John Adeyanju, Mr. Peter Netson and Engr. Rakesh Roshan Gupta.
Speaking at the event, the Acting Rector of MAN, Dr. Kevin Okonna described the induction as a turning point in the annals of the nautical college as it reaffirms the special relationship MAN enjoys with NSML.
“Through the execution of the MOU signed on 19th December 2025, our partnership has again ensured the realization of the dreams of another set of 30 seafaring cadets through onboard training opportunities in line with the provisions of the STCW Convention,” Okonna stated.
He stressed that the International Maritime Organization (IMO) had been informed of NSML’s contributions, highlighting Nigeria’s commitment to supplying quality seafarers to the global matitime industry.
Dr. Okonna also linked the initiative to the Renewed Hope Agenda of President Bola Ahmed Tinubu and the Marine and Blue Economy Policy championed by Minister Oyetola, which emphasizes partnerships for seafarer training.
“This induction ceremony is the outcome of the Honourable Minister’s Marine and Blue Economy Policy direction, which promotes partnership with industry stakeholders for onboard training of Nigerian seafaring cadets and supply of globally competitive seafarers,” he said.
The industry implications of the induction is expected to among other things strengthen Nigeria’s contribution to the global supply of certified seafarers, enhance the country’s competitiveness in international maritime trade.
The Acting Rector explained that the development would also support government-backed strategies for blue economy growth, and provide cadets with exposure to international best practices in shipping.
That government representatives and industry stakeholders were in attendance, he noted, demonstrated the need for collaboration and synergy in advancing the country’s capacity in the maritime sector.
Congratulating the cadets, Dr Okonna urged them to always project the good image MAN has acquired over the years.
Customs
Freight Forwarders Warn FAAN To Halt New Charges In Airport Cargo Operations or Risk Rumble in the Sector .
By Izuchukwu Ozoemena
If the recent arbitrary increase in charges by the Federal Airports Authority of Nigeria (FAAN) is not reviewed, cargo operations across airports nationwide risk disruption, prompting huge losses in government revenue, airports freight forwarders have warned.
Leaders of major associations operating at the nation’s airports stated this in Lagos, Tuesday. The associations included the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), African Professionals Freight Forwarders and Logistics of Nigeria (APFFLON) and NAFFAC.
Featuring at the briefing, among others, were Dr. Segun Musa, Deputy National President of NAGAFF in charge of Air and Logistics, and Mr. Tope Akindele, Chairman, Airport Chapter of ANLCA.
Speaking on behalf of the groups, Dr. Musa traced the controversy to an agreement reached with FAAN in 2010 over the collection of a seven-naira-per-kilogram levy on cargo, which, according to him, was tied to the allocation of land for the development of a cargo village at the airport.
He explained that prior to that agreement, FAAN had been collecting two naira per kilogram, a charge the freight forwarders had challenged on the grounds that FAAN, having concessioned cargo operations to companies such as NAHCO and SAHCOL, was not directly provding cargo handling services.
He said the associations had formally written FAAN at the time, arguing that the two-naira charge was illegal, a move that led to prolonged negotiations that reportedly lasted for about two weeks and disrupted activities at the airport. According to him, an eventual compromise was the introduction of the seven-naira charge in exchange for the allocation of land to build a cargo village, a deal he said formed the basis for the current arrangement.
“The seven naira we are talking about is attached to this land. It is like rent on this land,” Musa said, insisting that FAAN had no right to impose fresh charges without first engaging stakeholders. He argued that, just as the Nigerian Ports Authority (NPA) relates with terminal operators after concessioning the seaports, FAAN should deal with its concessionaires rather than directly imposing charges on operators.
The freight forwarders also raised financial concerns, claiming that FAAN had already made substantial sums from the seven-naira levy over the years. Musa said that in 2010 alone, FAAN collected over one billion naira from the charge and that from 2010 to date, the cumulative amount would be far higher than the value of the land allocated for the cargo village.
The immediate trigger for the latest dispute, according to the associations, is FAAN’s decision to increase the existing charges without consultation, a move they said was followed by a threat letter warning of possible demolition of their secretariats. The groups described this as coercive and counterproductive, stressing that they were not opposed to a review of charges but it must be done through dialogue.
Instead of imposing higher fees, they argued, FAAN should work with operators to create an enabling environment that would increase cargo throughput, which in turn raise revenue. “The more cargo we have, the more revenue they generate,” Musa said, adding that the present approach would only hurt all parties involved.
Mr. Tope Akindele, Chairman of ANLCA Airport Chapter, said the ongoing standoff had already begun to affect revenue generation. He noted that cargo activities had slowed in recent days because many operators were staying away from work in protest. According to him, if a concessionaire that used to make about one billion naira weekly is now making roughly half of that, continued disruption could lead to even worse outcomes for government revenue.
He stressed that the associations were not trying to sabotage government earnings, noting that any revenue yet to be paid due to the slowdown would still be collected once normal operations resume. “We want government daily revenue to continue. We are not frustrating government revenue. We are ready to continue paying, but let us dialogue within the shortest time so our job can commence,” he said.
Akindele also argued that globally, increments in charges are usually benchmarked around 25 per cent, adding that this was the standard the associations were willing to consider. Beyond that, he said, stakeholders should jointly explore ways to increase cargo volume rather than rely solely on higher levies.
Other speakers at the briefing raised concerns about what they described as multiple layers of charges on the same cargo. They pointed out that cargo handlers and airlines already collect various fees per kilogram, which are ultimately linked to FAAN, and argued that imposing additional charges on freight forwarders amounts to double or even triple taxation within the same cargo chain.
One of the speakers claimed that aside payments to cargo handlers and airlines, some charges could reach as high as 30 naira per kilogram in certain instances, warning that piling more levies on operators would further increase the cost of doing business and weaken the competitiveness of Nigeria’s air cargo sector.
The associations also recalled that the original dispute over the legality of the levy had not been fully resolved in court, but was set aside in favour of a mutual understanding aimed at keeping the industry running. They warned that if FAAN proceeds unilaterally or attempts to formalise the new charges without broad stakeholder agreement, the matter could return to the courts.
The freight forwarders called on the Minister of Aviation to intervene and prevail on FAAN to open talks with stakeholders. They stressed that they were not protesting, not carrying placards, and not seeking confrontation, but were instead asking for engagement that would lead to a mutually beneficial resolution.
They warned that if cargo operations at airports across the country were to grind to a halt, the wider economy would suffer, describing such a scenario as a “lose-lose” situation for operators and government alike. Despite the tension, they said they had advised members nationwide to continue working and avoid actions that could escalate the situation.
The associations assured the Federal Government that once negotiations begin, normal operations would resume immediately, with the existing status quo maintained pending the outcome of discussions. They also reiterated their willingness to work with FAAN and other government agencies to grow cargo volumes and, by extension, government revenue.
“We are here to appeal. We are not here to threaten or to protest or to cause a breakdown of law and order,” Musa said. He added that most operators depend on daily airport activities to feed their families and sustain their businesses.
Customs
PTML Customs Hands Over Seized Arms and Ammunition, Collects N44.06bn in January.
By Izuchukwu Ozoemena
For the umpteenth time, the Ports Terminal Multi-services Limited (PTML) Command of the Nigeria Customs Service has made it clear that it remains a no-go area for unlawful trade under any guise.
As a Command, the PTML Customs has an unshaken commitment to implement the Revised Kyoto Convention, which is a World Customs Organisation (WCO) instrument for trade facilitation while using available manpower and technology to exercise the required control for import and export trade.
The Customs Area Controller, Comptroller Joe Anani stated this at the Command Headquarters in Apapa, Friday, while handing-over seized arms and ammunition to the National Centre for the Control of Small Arms and Light Weapons (NCCSALW).
The seizures consist of five (5) pistols of different makes, one (1) Crossman pump master rifle, 132 Remington live cartridges, 51 9 mm Lugar live ammunition and four (4) 9mm magazines.
Others were forty (40) 9mm, NIM FC 30-30 blank and hollow ammunition and one hundred and eighteen (118) of 9mm empty shells.
”These arms and ammunition were uncovered in 25 different occasions by our officers during the examination of imported vehicles between 2022 to 2025.”
”These seizures are a fallout of the collective due diligence of the Command and other sister agencies in the port.”
The handing-over, he explained, follows the approval of the Comptroller General of Customs, Bashir Adewale Adeniyi, MFR psc(+).

Present at the event was the South- West Coordinator, National Center for the Control of Small Arms and Light Weapons (NCCSALW) and his entourage. Others were the Management of Port and Terminal Multi-services Limited, sectional heads and heads of other sister agencies.
He explained that under the NCS Modernisation Project which was pioneered by the PTML Command, the Unified Customs Management System (UCMS), also known as B’Odogwu, has raised the bar for productivity.
”I am pleased to announce that this Command will receive scanners soon as part of the modernisation project and our capacity to detect concealments, like these arms and ammunition would be greatly enhanced.”
Appreciating the Command’s compliant stakeholders for their cooperation at all times, he described them as l part of the Command’s success story.
The CAC announced that two days to the end of January, 2026, the PTML Command collected a total revenue of ₦44,058,849,416.65. This figure surpasses N40,497,594,223.89 realized in January, 2025 by N3,561,255,192.76, marking an 8.8% increase in revenue.
On behalf of the CGC, Comptroller Joe Anani formally handed over the seizures to the National Center for the Control of Small Arms and Light Weapons (NCCSALW) for appropriate action.
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