Maritime Agencies
GLOOMY BUSINESS ENVIRONMENT: Okwuashi Urges FG To Re-introduce Marketing Boards, Among Other Measures.
By Izuchukwu Ozoemena
For Nigeria to make any reasonable impact in reversing the prevailing gloomy business environment, the Federal Government should urgently consider re-introducing the defunct Marketing Boards to implement an enduring price control policy for all goods and services. This is in addition to other pragmatic measures whose target is to regig the economy for the benefit of all.
The Board will monitor and ensure that prices of commodities are not arbitrarily increased in the market especially with this belief that once prices increase in Nigeria, they do not go down.
“Government should sell a functional policy through the Central Bank of Nigeria to ensure that foreign exchange is readily available to importers in the country to sustain effective importation of goods at minimal cost of foreign exchange.”
Professor Alex Favour Okwuashi, Proprietor and Founder, Certified Institute of Shipping of Nigeria (CISN), Badagry, Lagos,
was speaking on the theme “Business Transactions And Rising Costs: The Way Forward” at the 20th anniversary and award event organized by the People’s Forum Magazine & Online publication.
Government, he advised, should also roll out an effective monetary policy that will boost the value of the Naira such that too much Naira will not pursue few goods in the market.
“When the value of Naira improves, it will definitely improve the purchasing power of an average citizen. Government should do all it can to stop the inflationary trend in the country by introducing policies that will create wealth and active productivity among citizens.”
“There must be a revolutionary change in our mode of transportation within the country. I recommend a review of the removal of the subsidy by government to stop the ripple effect it has on the cost of goods and services due to the high cost of transportation.”
However, he suggested that due to the current shortfall in government revenue to carry out development of infrastructure, government must not cave in to current pressures to reverse the removal of oil subsidy but on the condition that genuine palliatives which are implementable are available to drastically reduce the effect on the common citizens.
“There is need to encourage local content through floating policies that will help local industries to survive through provision of steady and cheap energy supply.”
He equally canvassed for the opening up of all feeder or rural roads and the availability of raw materials for production in local industries.
Stimulating conversation and inculcating entrepreneurship skills and innovation among youths, he emphasized, will boost job creation and employment, thereby availing wealth to sustain financial empowerment and a perfect and competitive market structure.
He called for a mechanism to periodically evaluate market forces operating in the country. As the watchdog of society, the media, he said, should critically expose all anti-economic saboteurs of government policies so as to put a check on rising costs.
Also the media should steadily inform the public of price dynamics and how to get goods at cheaper prices without any sharp practices. He added that as entrepreneurs, business owners must learn to adapt to the current industry trends and practices in order not to be left behind when relevant trends are evolving.
“While we urge the government to do its part in creating a more favourable environment for businesses to thrive, we must also be proactive to pursue the trends as we cannot get new results by practising old systems”.
Okwuashi who also doubles as the founder, Coastal Polytechnic, Magbon, Badagry, Lagos, commended the People’s Forum Magazine for bringing up for deliberation such a topic he described as very relevant to contemporary national issues especially at a time when the rising cost of goods in the market is overwhelming.
The CISN Founder who was represented by Pastor Okereke, the institution’s registrar, called for the re-introduction of a modified cabotage law which emphasizes employment and ship building so as to encourage a capacity building process for the marine and blue economy.
Maritime Agencies
ECTS: PTML Customs Mounts an Awareness Campaign
By Izuchukwu Ozoemena
As part of the reform and modernisation agenda being championed by the Comptroller-General of Customs, Dr. Bashir Adewale Adeniyi, to build a transparent, technology-driven and globally competitive 21st-century Customs Service, the Port & PTML Area Command of the Nigeria Customs Service (NCS) has commenced a sensitization programme for officers and key stakeholders ahead of the introduction of the Electronic Cargo Tracking System (ECTS).
The Acting Customs Area Controller, Deputy Comptroller Nura Miko, announced this in Lagos , Tuesday, during a stakeholders’ workshop held at the Command.
He announced that PTML Command
was selected as the second pilot command for the nationwide implementation of the ECTS following the successful deployment of the initiative at the Apapa Area Command. He explained that the selection recognises PTML’s critical role in trade facilitation and national revenue generation.
Miko noted that the movement of cargo under transire to bonded terminals, other Customs commands, and Free Trade Zones has traditionally depended on physical escorts by Customs officers. However, increasing trade volumes have made the practice inefficient, resulting in operational delays and pressure on personnel.
He explained that the Electronic Cargo Tracking System will provide real-time GPS monitoring of cargo from its point of departure to its final destination, issue instant alerts in cases of route deviation or seal tampering, optimise manpower deployment, and strengthen revenue assurance through improved cargo monitoring.
The system is also expected to benefit stakeholders by speeding up cargo clearance, reducing demurrage costs, lowering the cost of doing business, and enhancing transparency through continuous Customs monitoring of consignments.
“This workshop is designed to familiarise stakeholders with the procedures, responsibilities, and expectations under the Electronic Cargo Tracking System,” Miko said. “I encourage everyone to support this initiative to ensure a smooth and successful implementation.”
The workshop brought together Customs officers, licensed customs agents, freight forwarders, terminal operators, and other private sector stakeholders.
Participants commended the Comptroller-General of Customs and the NCS management for advancing the digital transformation of Customs operations across the country.
Maritime Agencies
AfCFTA: Nigeria, Cameroon, Benin To Establish Joint Customs Strategic Steering Committee on Beitbridge Communique.
By Izuchukwu Ozoemena
Nigeria has described lessons from the Beitbridge and Chirundu Border Posts in Zimbabwe as a huge reinforcement and an illustration of the importance of coordinated institutional frameworks, digital integration and collaborative leadership in transforming Africa’s trade corridors.
Comptroller-General of Customs, Dr Bashir Adewale Adeniyi, MFR, stated this, Monday, during the adoption of the Joint Communique in Zimbabwe following a fact-finding mission.
He described the benchmarking mission to the Beitbridge Border Post between Zimbabwe and South Africa as a strategic opportunity for African customs administrations to move beyond discussions on border reform and embrace practical implementation of modern border management systems.
The mission which brought together Nigeria ‘s Adewale Adeniyi alongside Mr Fongod Nuvaga, Director General of Cameroon Customs, Mr Raouf Aboudou, Director-General of Benin Customs, Mrs Lonto Ndlovu Acting Commissioner Customs and Excise in the Zimbabwe Revenue Authority (ZIMRA), as well as Alhaji Saleh Ahmadu, Chairman Bergmans Security Consultant and Supplies Limited was organised with the support of the African Export-Import Bank (Afreximbank) as part of ongoing efforts to deepen intra-African trade under the African Continental Free Trade Area (AfCFTA).
“Beitbridge has demonstrated that border modernisation is not merely about infrastructure development. The most important lesson for us is that sustainable reform depends on coordinated institutions, clear accountability, digital interoperability and professional human capital. We are leaving here with a renewed commitment to translate these lessons into practical solutions that will strengthen trade facilitation, security and economic growth across our region,” Adeniyi said.
The five-day mission featured technical sessions, facility tour and executive briefing by various border agencies in Zimbabwe. The benchmarking technical team comprising the Nigeria Customs Service (NCS), Cameroon Customs Administration, Benin Customs Administration, Bergmans Security Consultant and Supplies Limited and Bsmart Technologies.

The customs Chiefs were briefed on the Beitbridge Modernisation and Concession Model which included its financing structure, operational framework, revenue management systems and coordinated border governance architecture.
Participants also undertook extensive tours of the freight terminal, cargo processing facilities, scanning operations, traffic segmentation systems and integrated ICT infrastructure designed to support seamless border operations. The engagements provided participants with firsthand insights into how technology, institutional coordination and performance management have transformed one of Africa’s busiest border crossings into a model for efficient trade facilitation.
According to the Joint Communiqué signed by the participating customs administrations, the mission was conceived within the broader continental effort to facilitate trade across West Africa and between West and Central Africa. The document identified the Sèmè-Kraké corridor linking Nigeria and Benin Republic, as well as the Mfum-Ekok corridor connecting Nigeria and Cameroon, as strategic routes that stand to benefit significantly from the implementation of coordinated border management and One-Stop Border Post arrangements.
Also speaking during the ceremony, Director-General of the Cameroon Customs Administration, Fongod Nuvaga, emphasised the importance of collective action in improving trade corridors across the continent. He observed that customs administrations must work together to remove procedural bottlenecks that hinder legitimate trade while maintaining effective border controls. According to him, stronger regional cooperation will enable African countries to fully harness the opportunities created by the AfCFTA and accelerate economic integration across the continent.

Similarly, Director-General of the Benin Customs Administration, Colonel Raouf Malèhossou Aboudou, noted that the lessons from Beitbridge offer practical pathways for improving border efficiency within West Africa. He stressed that harmonised procedures, coordinated risk management systems and stronger institutional partnerships will be critical to achieving seamless trade movement across regional corridors. He added that sustained collaboration among neighbouring customs administrations remains essential for delivering measurable improvements in trade facilitation and revenue assurance.
Earlier, Director for Trade Facilitation and Investment Promotion at Afreximbank, Dr Gainmore Zanamwe, highlighted the significance of the benchmarking exercise as part of the Bank’s broader strategy to support trade-enabling infrastructure across Africa. He explained that the objective was not simply to showcase physical infrastructure but to expose participating administrations to the governance structures, operational models and institutional reforms that underpin the success of modern border posts. “Infrastructure is important, but what truly drives performance is an operating model built on accountability, coordination, technology and measurable service standards. Those are the lessons we hope will be replicated across strategic corridors on the continent,” he said.
The mission concluded with the signing of a Joint Communiqué committing Nigeria, Cameroon and Benin to establish a Trilateral Strategic Steering Committee to drive implementation of the recommendations arising from the visit. The three customs administrations also pledged to pursue harmonised procedures, digital interoperability, coordinated risk management systems and sustained investment in personnel development.
Maritime Agencies
TRANSQuest MAGAZINE @ 21: With Huge Maritime Endowments, Stakeholders Warn, Nigeria Can’t be Poor, Government Must Realign Her Priorities.
By Izuchukwu Ozoemena
Can a nation richly endowed with over 850 kilometers of coastal waters bordering the Atlantic Ocean and an indeterminate expanse of inland waterways and estuaries said to be economically poor? Of course the answer, industry watchers say, cannot be in the affirmative. But in the case of Nigeria, it is because her largely-endowed but poorly-exploited maritime potentials illustrates the paradox of someone surrounded by water using spittle to clean his face.
As events marking the 21st anniversary celebration of TransQuest Magazine unfolded in Lagos, Saturday, the inescapable reality was all over the venue as presentations and discussions tended towards this reality: Nigeria has no business being poor!
Stakeholders spanning across industry regulators, technocrats, customs, logistics gurus and the ever-bubbling press gathered to discuss and analyse Nigeria’s ‘predicament’ in the present circumstance.

In his lecture entitled “Re-Appraising Nigeria’s Blue Economy: Charting a Pathway to Sustainable Growth,” industry technocrat, Lucky Eyis Amiwero was his vintage self. Perhaps, he told the authorities the hard truth others dread to tell them regarding the massive neglect and misuse of opportunities mother nature has offered Nigeria through huge resources lying waste in her territory.
For a country battling unemployment, food insecurity, infrastructure deficits and the urgent need to diversify its economy, the implications are enormous, he said. Whereas Nigeria possesses an extensive coastline, inland waterways, fisheries and offshore resources, he argued, much of the economic value embedded in these assets remains largely untapped.
By way of introduction, “Blue economy”, Amiwero explained, is a term in economics relating to exploitation, preservation and regeneration of the marine environment.
”This can include a wide range of economic sector from the conventional Fisheries, Aquaculture, Maritime Transport, coastal, Marine and Maritime Tourism, coastal Renewable Energy, marine Ecosystem service, blue Caborn, Seabed mining and Bioprospecting and Biotechnology.”
Recognising the immense potentials ocean and freshwater resources have for sustainable development, he continued, it has become necessary to protect and conserve oceans and fresh water systems such as rivers, lakes and extensive ocean resources to ensure they remain healthy and productive as one of the most important tenets of the Blue Economy.
”The Nigerian Blue Economy can constitute a major source of wealth and catapult the country’s fortune”.
Blue Economy components, he added, include established
traditional ocean industries such as fisheries, tourism and marine transport. Other emerging areas include offshore
renewable energy, aquaculture, seabed extractive activities, marine biotechnology and bioprospecting.
Additional growth of the Blue Economy is possible, especially in the area of Fisheries, Aquaculture, Coastal tourism, Marine biotechnology and ocean energy. According to him, some of these sector require little encouragement and additional governance while others need more and better planning
to achieve the full potentials and return of more sustainable outcomes.
But to what extent are authorities in Nigeria prepared to muster needed governance discipline, infrastructural investment and political will to take advantage of the opportunities offered to realize sustainable economic development? That is the crux of the problem Nigeria must address to be a maritime nation worthy of the name.
Speaking earlier, Felix Kumuyi, TransQuest Magazine Publisher, reflected on a 21-year journey built around credible journalism, facilitation and economic growth informed public discourse, progressive policy advocacy and the recognition of excellence across the transport and maritime value chain.
The annual lecture, he said, has now become an opportunity to examine what he referred to as critical questions concerning transportation, maritime development, trade facilitation and economic growth.
He reasoned that aside conventional port and shipping activities, Nigeria must give serious attention to the development of fisheries, aquaculture, marine tourism, inland waterways, coastal resources, marine biotechnology and renewable marine energy as these represent a vast economic frontier capable of generating employment, attracting investment and supporting national development.
Beyond the establishment of a Marine and Blue Economy Ministry, Nigeria needs a workable framework encompassing modern infrastructure, efficient ports, effective maritime security, environmental protection, investment-friendly regulation, digital transformation and a skilled indigenous workforce.
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