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FG Set To Re-establish National Shipping Line, To Take Advantage of $10 bn Annual Ship Charter Market.

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By Izuchukwu Ozoemena

 

 

 

 

 

 

It appears re-establishing a Nigerian National Shipping Line (NNSL) over which previous administrations maintained a promise-and-fail posture for sixteen years running is now becoming a reality.

 

Marine and Blue Economy Minister, HE Adegboyega Oyetola gave the hint in Lagos, Tuesday, while speaking at his Ministry’s maiden stakeholders’ Roundtable on Advancing Sustainable Development in Nigeria’s Marine and Blue Economy. Re-establishing an indigenous shipping line through a strategic Public-Private-Partnership (PPP) arrangement, he assured, will assist Nigeria to take advantage of a substantial share of the estimated $10 billion annual ship charter market existing within the country.

 

Allaying the fears of indigenous ship owners that their businesses stand to take a nosedive if they embrace the initiative, he said it would rather avail them opportunity to create and extract more value from the marine sector, especially through ship construction, maintenance and repairs.

 

The Minister gave an assurance that the initiative which encompasses a collaborative synergy between the efficiency of the private sector and oversight of the public sector will transform the newly-established Marine and Blue Economy as well as lead to the creation of massive job opportunities. It will also facilitate increased trade and investment in Nigeria, while reinforcing what he referred to as the ministry’s collaborative and forward-looking approach.

 

He stated that it has become necessary to collaborate and brainstorm with stakeholders so as to devise workable strategies to leverage Nigeria’s marine resources to uplift the sector for the good of the national economy .

 

“It is imperative,” he said, ” we come up with practicable ways of ensuring that our inland rivers, lakes and waterways are well utilized for cargo shipment and passenger transportation”.

 

He described the Engagement Forum as crucial to the development of the sector as it offers an opportunity for all to collectively contribute perspectives, ideas and offer relevant inputs that can propel the sector to the trajectory of success necessary to support the development of the economy as well as meet the expectations of Mr. President who took the courage to open up Nigeria to focus on the Blue Economy Value Chain.

 

“The zeal for a better life for Nigerians propelled President Bola Ahmed Tinubu, GCFR, to recently unveil 8 Presidential Priorities to address critical national challenges. These priorities are to be delivered through eight focus areas, namely: economic growth, food security, energy and natural resources, infrastructure development, security, healthcare, education, improved governance, and job creation.

 

“Our Ministry, though new, is not resting on its oars and has continued to foster Inter-Agency collaborations and implement initiatives to promote Port efficiency, cargo shipment, maritime security and tap into the resources of the Seabed.

 

“The ministry’s decision to consider the re-establishment of a National Shipping Line, through a strategic PPP arrangement, is borne out of our desire to capture a substantial share of the estimated $10 billion annual ship charter market within the country.

 

“This initiative will not seek to impede the growth of local players but rather to provide an avenue for them to create and extract more value from the sector, especially through ship construction, maintenance, and repairs. This would enable our local businesses to better leverage the Carbotage Act, which gives Nigerians the exclusive right to control locally generated seaborne trade.

 

“Other anticipated outcomes include the creation of substantial job opportunities and the facilitation of increased trade and investment in the nation, reinforcing our collaborative and forward-looking approach”.

 

The Minister who said he is acquainted with the sector’s challenges, assured of his commitment to “bequeathing to Nigerians a better sector than we have met today”.

 

According to the minister, the forum was convened to bring together players in the sector to discuss and chart a roadmap/direction that will advance the industry’s potential, promote sustainable Blue Economy investments and ensure global competitiveness within the sector.

 

The Stakeholders’ Engagement, Oyetola assured, would will be a continuum, as it is important to normalize the harmonious synergy and work together to ensure that the Marine and Blue Economy is safe, reliable and sustainable.

 

The Roundtable later broke into specific areas of group discussions which included ways and means to strengthen the Blue Governance; Transforming Port Operations; Enhancing Port Infrastructure; and Promoting Blue Economy Investments.

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Maritime Agencies

MARITIME SECURITY: 1723 Vessels Conducted ‘Dark Activities’ On Nigerian Waters, January To April, 2025, NIMASA’s C4i Reveals.

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By Izuchukwu Ozoemena

 

Between January 2024 and January 2025, 1,723 vessels conducted ‘dark activities’, including turning off their Automatic Identification System (AIS) while on Nigerian waters.

Dr Dayo Mobereola

The Command, Control, Communications, Computers and Intelligence (C4i) centre of the Nigerian Maritime Administration and Safety Agency ( NIMASA) says this alarming number of vessels probably decided to tamper with their AIS system to enable them carry out illicit activities within Nigeria’s Exclusive Economic Zone ( EEZ).

 

The C4i centre, a critical component of the Deep Blue project domiciled within NIMASA operates with contributions from various security agencies including the Nigerian Navy, Nigerian Air Force, Nigerian Army, the Nigerian Police and the Department of State Services.

 

It monitors vessels entering Nigerian waters using an intelligence system designed to detect any suspicious activity.

 

The supervisor of the C4i operation centre, Abdulrasak Lawal disclosed these findings recently during an oversight visit by the House Committee on Maritime Safety, Education and Administration to the Nigerian Maritime Resource Development Centre (NMRDC) in Lagos.

 

He explained that the system tracks the history of vessels, including their voyages and flags to determine any questionable activities for further investigation. The questionable activities include different types of sharp practices and the deliberate switching off of the AIS, among others.

 

Lawal said some of the vessels uncovered are suspected to have been engaged in illegal fishing, illegal bunkering, oil theft and dumping of harmful waste in the nation’s waters.

 

“These vessels, when they sail into our waters, turn off their transmission, and once they do that, you’re not able to track them. Once you are unable to track vessels operating on your waters, there are so many reasons associated with it. We have so many vessels coming for illegal bunkering, illegal fishing, dumping of harmful waste- they are part of the 1723 vessels conducting dark activities.

 

He added, “Immediately a vessel goes dark, we dispatch one of our aerial assets above that particular vessel to ascertain it’s activities at that moment.  Because once a vessel goes dark, it is a crime on its own, and we even have the power to detain any vessel that is conducting dark activities.”

 

Lawal also highlighted the significant volume of maritime traffic within Nigeria’s waters, which he said accounts for 47 percent of vessel traffic in the Gulf of Guinea with 33,530 port calls recorded between January and April 2025.

 

This, he said, is against figures from countries within the Gulf of The Guinea (GoG) like Ghana with 4,969 port calls, Gabon- 2,753, Equatorial Guinea- 2,196, Benin- 996, Liberia- 711, and Gambia with 328 port calls within the review period.

 

The high volume of traffic, Lawal noted, increases the potential for illegal activities and attack on vessels adding that as a member of the GoG, Nigeria is accountable to the International Maritime Organization (IMO) for ensuring security of vessels in its maritime domain.

 

Lawal disclosed further that a total of 4,016 different vessels entered Nigeria’s EEZ between January and April 2025,

with 166 of them entering for the first time.

 

Despite the challenges posed by these dark activities, Lawal said the C4i centre of the deep blue project has been instrumental not only in identifying suspicious vessels but also in maintaining a record of zero piracy incidents in Nigeria waters for over one year.

 

 

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Maritime Agencies

Nigeria – China Currency Swap Deal: Farinto, Olanrewaju Urge Maritime Stakeholders To Take Advantage of Opportunities.

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By Izuchukwu Ozoemena

 

 

 

Chairman, Customs Consultative Council (CCC), Aare Hakeem Olanrewaju is optimistic that the currency swap agreement between Nigeria and China has the potential to address the challenges of inflation and other issues working against trade facilitation in the country.

 

Determined to relieve external funding pressures and ensure trade facilitation between Nigeria and China, both countries engaged in a series of negotiations for a bilateral currency swap framework.

 

Olanrewaju who chaired the recent breakfast meeting held in Lagos by the Maritime Reporters Association of Nigeria ( MARAN) recalled

a research of over ten years ago showing that prices of goods keep going up in Nigeria compared to other countries of the world.

 

” I believe the decision of MARAN to organise this breakfast meeting and bring stakeholders together will give us an insight into the benefits and challenges of the currency swap between Nigeria and China”, he said.

 

Statistics show that China is a strategic tool for trade efficiency and external sector diversification . It has the potentials to offer Nigeria’s maritime industry new trade opportunities with China, the country’s trading partner .

 

In his intervention, former Acting President, Association of Nigeria Licensed Customs Agents (ANLCA), Dr. Kayode Collins Farinto commended the Tinubu administration for courageous decisions being taken to move the country’s economy forward.

 

However , he wants Government to tackle the challenge of infrastructure which has been an impediment to trade facilitation so as to efficiently implement the currency swap deal.

 

Farinto also called for the construction of a functional rail system to make the Lekki Deep Sea port viable and disbursement of the Cabotage Vessel Financing Fund ( CVFF).

 

He urged the Federal Government to provide the financial support to MARAN to enable the pioneer maritime media association to lead in efforts to carry out needed sensitization on the implementation of the currency swap deal between the two countries.

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Maritime Agencies

MAN, Oron, Pledges Partnership With CILT To Foster Professionalism In Marine and Blue Economy.

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The visitors presenting the Rector's portrait.

 

 

By Izuchukwu Ozoemena

 

 

 

The Management of the Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State, has received special recognition and applause for emphasizing robust professional maritime, logistics and transportation education, supply chain management and other professional pursuits aimed at deepening maritime development in Nigeria.

 

The Chartered Institute of Logistics and Transport (CILT) Uyo Branch made the commendation recently during a courtesy visit to the Management of the foremost nautical school.

 

Addressing the Academy’s Management Team, the Chairman of the Uyo Branch of the CILT, Mr. Itoro Okon Effiong, said the courtesy visit was to strengthen the professional relationship CILT established with the Academy and to congratulate the newly- appointed Acting Rector of the Academy, Dr. Kevin Okonna.

 

Okon Effiong who was accompanied by some key officers from the Uyo, Oron, Calabar, and Next Generation branches of the oldest Transport and Logistics Institute in the world said:

“We wish to reaffirm the CILT’s commitment to deepening collaboration with the Academy. We Congratulate you, (the Acting Rector).”

 

“The track record of your achievements in maritime leadership and educational development will always be remembered.”

 

The chairman added that the Rector’s appointment was timely considering the need to add value to the maritime and logistics sectors, which are undergoing global and local transformation.

 

Effiong stressed the pivotal role the Maritime Academy is playing in shaping seafarers and maritime professionals across the country and Africa, an effort he recalled is equally the professional passion of CILT Nigeria.

 

The Uyo CILT boss further maintained that by building and strengthening a robust professional partnership with institutions like the Maritime Academy, the Institute can tackle critical industry challenges such as capacity building, technological advancement, and policy alignment in line with international standards.

 

In his welcome address, the Ag. Rector of the Maritime Academy of Nigeria, Dr. Kevin Okonna,

warmly welcomed the delegation and commended the CILT for its continued dedication to maritime and logistics education. He pledged robust institutional support for the CILT.

 

In a symbolic gesture, the CILT delegation presented a commemorative souvenir in form of a portrait to the Rector, honouring him as a distinguished member of the Institute.

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