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
Tochukwu Ezisi, NAGAFF President, Bags RATTAWU’s Logistics Excellence Award.
By Izuchukwu Ozoemena
The National President of the National Association of Government Approved Freight Forwarders, NAGAFF, High Chief Tochukwu Ezisi, has been honoured with the Golden Era Pillar of Logistics Excellence, Purposeful Entrepreneur, Philanthropy and National Development Award by the Radio, Television, Theatre and Art Workers’ Union, RATTAWU.
The award was presented on Monday at the Intercontinental Hotel, Victoria Island, Lagos, during the RATTAWU Safe Democracy Summit and Golden Honours, themed, “Electoral Integrity in an AI Era – Role of Responsible Media and Culture in Safeguarding Democracy.”
The event attracted prominent personalities, including representatives of the Minister of Information and National Orientation, Mohammed Idris, and the Minister of Labour and Employment.
Other dignitaries in attendance included the National President of the Nigerian Institute of Public Relations, NIPR, Dr. Ike Neliaku, who chaired the occasion; the President of the Association of Communication Scholars and Professionals of Nigeria, Prof. Rotimi Williams Olatunji, who delivered the keynote address; representatives of the Lagos State Commissioner of Police; NAGAFF founder, Dr. Boniface Aniebonam; traditional rulers, freight forwarders and business leaders.
Speaking at the ceremony, RATTAWU National President, Prince Emeka Kalu, described Ezisi as a philanthropist and community leader whose contributions to logistics, entrepreneurship and national development had positively impacted many lives.
He said the union considered Ezisi deserving of recognition for his commitment to humanitarian causes and development initiatives, noting that society should celebrate individuals who have distinguished themselves through hard work and selfless service.
Kalu also reaffirmed RATTAWU’s commitment to defending the rights of the oppressed, giving voice to the voiceless and supporting vulnerable members of society.
Representing the Minister of Information and National Orientation, the Director of Public Relations and Protocol in the ministry, Dr. Suleiman Haruna, said inquiries about Ezisi’s background revealed him to be a man whose contributions to humanity had earned him widespread respect.
Haruna likened the NAGAFF president to “a mighty river that irrigates lands and people,” saying his generosity had positively transformed many lives.
Several speakers, including Chairman of the NAGAFF Board of Trustees, Mr. Chidiebere Enelamah, and the association’s National Vice President, Princess Chi Ezeh, also paid glowing tributes to Ezisi, describing him as a compassionate leader whose recognition was well deserved.
Enelamah commended Ezisi’s wife for her support, describing her as a pillar behind her husband’s success.
Representatives of the Imperial Philanthropic Family equally praised the NAGAFF President for his longstanding support for charitable causes across the country, saying the honour reflected his commitment to humanitarian service.
They urged him to remain steadfast in his philanthropic activities, noting that his impact had changed many lives and inspired others to serve humanity.
Responding, an emotional Ezisi expressed gratitude to God, his family, friends and supporters for standing by him throughout his journey.
He also acknowledged the founder of NAGAFF, Dr. Boniface Aniebonam, for providing him with the platform to serve, while thanking RATTAWU for the recognition.
Ezisi pledged his continued support for the union and assured members that he would always be available whenever called upon.
He described the honour as one of the most memorable moments of his life and thanked guests for their presence and goodwill.
Maritime Agencies
Oyetola Vows to Strengthen Local Capacity, Innovation, Responsible Investments As STARZS Celebrates 40th Anniversary.
By Izuchukwu Ozoemena
The story of STARZS Group’s phenomenal growth and impact in the past four decades, in many respects, mirrors Nigeria’s growth and advancement in all spheres. The story reflects boldness in vision, resilience in capacity, innovation in execution and steadfastness in the pursuit of excellence.

Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola made the submission in Port Harcourt, Rivers State, during an impressive ceremony by the company to celebrate her 40th anniversary. He was represented by the Director -General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola.
”As we celebrate this achievement, we are reminded that no action and no nation can attain sustainable maritime prosperity without a vibrant and competitive indigenous values sector. Government creates the enabling environment, but it is the enterprise, innovation, and doggedness of companies such as STARZS that transform policy into economic opportunity, create jobs, build local capacity, and deepen national prosperity.”
”This conviction underpins the vision of His Excellency, President Bola Ahmed Tinubu, GCFR, in establishing the Ministry of Marine and Blue Economy as a strategic platform for unlocking the immense potentials of Nigerian maritime domain. Our mandate is clear to position the marine and maritime blue economy as a major driver of economic diversification, industrial growth, food security, trade competitiveness, and national development. We will remain committed to expanding opportunities for indigenous compensation across the maritime planetary, whether in shipping, marine logistics, shipping management, offshore support services, shipbuilding, or marine engineering.”

The Minister emphasized the Ministry’s objective which is to ensure that Nigerian companies are not just participants but leaders in the growth of the maritime economy.
” We will continue to work with relevant institutions to strengthen local capacity, encourage responsible investment and create an environment in which indigenous businesses thrive. Human capital development remains central to this vision.”
”The future of the maritime industry will ultimately depend on the quality, competence, and innovation of our people. We are therefore placing renewed emphasis on maritime education, seafarer development, technical skill acquisition, and greater collaboration with governments, academia, and industry to prepare the generation of new maritime professionals for Nigeria. Equally important is our commitment to maritime safety and security.”
The progress Nigeria has made in securing its maritime domain through the Deep Blue project, Oyetola explained, has enhanced investor confidence and reinforced her standing within the Gulf of Guinea.
Nigeria shall continue to consolidate on these gains through stronger inter-agency collaboration, improved surveillance capabilities and sustained investment in maritime security infrastructure, recognizing the fundamental importance of safe waters.
Maritime Agencies
NCDMB Hails STARZS @ 40, Reiterates Objectives of the Nigerian Oil and Gas Industry Content Development Act of 2010.
By Izuchukwu Ozoemena
The Nigerian Content Development and Monitoring Board (NCDMB) says four decades of sustained contribution to Nigeria’s maritime and offshore logistics sector reflects resilience, vision, innovation and commitment to national development.
Engr Felix Omatshola, NCDMB Executive Secretary/CEO made the submission in Port Harcourt, Friday, during a high-powered symposium put together by the STARZS Investments Company Limited to celebrate her 40th anniversary. He described the theme of the symposium – anchoring resilience, 40 years of private indigenous initiative, shaping Nigeria’s maritime future as both timely and significant as it speaks directly to the role of indigenous enterprise in building a competitive and sustainable maritime industry. The milestone recorded by STARZS Group, he explained , is worthy of celebration.
Speaking through Mr Silas Ajimijaye, the agency’s Director of Planning, Research and Statistics, Engr Omatshola congratulated Starzs which has, over the past 40 years, distinguished itself as one of Nigeria’s leading indigenous service providers, contributing to the growth of local capacity in marine logistics, shipyard services, offshore support operations and workforce development.
”The company’s journey demonstrates what is possible when Nigerian entrepreneurs are provided with opportunities, enabling policies and the determination to invest in local talent and infrastructure that meets international standards.”
”At the Nigerian Content Development and Monitoring Board, we strongly believe that sustainable national development is achieved when indigenous companies are empowered to participate meaningfully across the entire value chain of the oil and gas and maritime sectors. These beliefs remain at the heart of NCDMB and of course the Nigerian Oil and Gas Industry Content Development Act of 2010
which seeks to maximize in-country value retention, promote industrialization, create employment opportunities and build sustainable Nigerian capacity.”
NCDMB, he explained, is encouraged by the progress recorded by indigenous maritime companies such as STARZS whose investments have contributed significantly to strengthening local participation and reducing dependence on foreign service providers.
”The collaboration between NCDMB and indigenous companies has continued to yield positive outcomes in line with our mandate to deepen Nigerian content and foster economic diversification.”
”In recent years, we have also witnessed STARZS expand its investment into strategic growth areas within the energy sector, including initiatives that support Nigeria’s gas development aspirations and the federal government’s decade of gas programme. Such investments are important because they align with our collective vision of building strong indigenous institutions capable of driving industrial growth, energy security, and long-term economic prosperity for our dear country.”
”As we look towards the future, there is a need for stronger collaboration among industry operators, maritime service providers, financial institutions, policymakers, and regulators to address existing challenges and unlock new opportunities within the blue economy.
We must continue to invest in human capacity development, technology acquisition, infrastructure expansion, local manufacturing, research innovation, and operational excellence. To ensure that Nigerian companies remain globally competitive, the future of Nigerian maritime industry will depend not only on policy support but also on the willingness of Nigerian indigenous businesses to embrace innovation, maintain high standards of corporate governance, and pursue strategic partnerships that create long-term value,” Engr Omatshola concluded.
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