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
Dantsoho, NPA MD, Attributes Maritime Sector Transformation to Reforms and Minister’s Leadership Style.
By Izuchukwu Ozoemena
Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has fingered Federal Government’s reforms and the leadership style of the Marine and Blue Economy Minister, Adegboyega as reasons for the huge transformation going on in the maritime industry.
This is even as investors are being assured of Nigeria’s capacity to dominate Africa’s blue economy with ongoing federal government reforms and increased private sector participation which are critical drivers of transformation in the maritime sector.
Dantsoho gave the assurance while speaking at the Blue Economy Investment Summit in Abuja, where he stressed that Nigeria’s port system would play a pivotal role in unlocking strategic investments and accelerating economic growth.
He noted that the country must urgently refocus its economic priorities towards fully harnessing its vast marine resources in line with global sustainability goals.
“The time has come for a paradigm shift in the structure of Nigeria’s economy towards the full utilisation of our marine resources. Our port system, if properly harnessed, can serve as a major driver of economic growth,” Dantsoho said.
The NPA boss explained that Nigeria’s strategic location, large population and economic strength position it to become a maritime hub for West Africa, comparable to global leaders such as Singapore and Morocco.
“By virtue of our strategic location, market size and economic strength, Nigeria is well-positioned to function as the maritime hub for West Africa,” he added.
Despite these advantages, Dantsoho expressed concern that Nigeria currently handles only about 25 per cent of cargo traffic in the region, even though it accounts for over 60 per cent of West Africa’s GDP.
“It is worrisome that Nigeria, despite controlling over 60 per cent of West Africa’s GDP, handles only about 25 per cent of the region’s cargo traffic. This clearly shows that we have not fully optimised our potential,” he said.
He, however, assured investors that the tide is turning, as the federal government, through the Federal Ministry of Marine and Blue Economy, is implementing far-reaching reforms to reposition the sector.
According to him, key initiatives include port modernisation, deployment of a Trade Single Window, implementation of a Port Community System, development of deep seaports and full digitalisation of port operations.
“We are implementing key strategic initiatives such as port modernisation, trade single window, port community system, deep seaport development and full digitalisation to reposition our ports for global competitiveness,” he stated.
Dantsoho emphasised that private sector funding remains central to achieving these goals, noting that the NPA is actively encouraging project financing to bridge infrastructure gaps and improve efficiency.
“We are open to private sector participation through project financing. This approach is already improving efficiency and providing access to funding for critical infrastructure,” he said.
He added that the reforms are designed to enhance port efficiency, improve connectivity, reduce freight costs and boost non-oil exports, ultimately driving revenue growth.
“The ultimate goal is to improve liner connectivity, attract bigger vessels, reduce freight costs, and expand our export base, which will significantly boost revenue generation,” he noted.
Dantsoho stressed that competitiveness in the global maritime industry requires efficient operations, competitive pricing and strong hinterland connectivity, adding that Nigerian ports must remain adaptive to evolving global shipping trends.
“With sustained commitment to these initiatives, Nigeria’s port system will enter a new phase and emerge as a leading maritime logistics hub in Africa,” he assured.
Also speaking, the Minister of Marine and Blue Economy, Gboyega Oyetola, said Nigeria’s natural endowments, including its 823-kilometre coastline and extensive inland waterways, place it in a strong position to lead the sector.
“With over 823 kilometres of coastline, extensive inland waterways and a prime location along the Gulf of Guinea, Nigeria is uniquely positioned to harness the immense potential of the marine and blue economy,” Oyetola said.
He added that reforms by the federal government have improved coordination, strengthened maritime security and boosted investor confidence, noting that the sector accounts for over 90 per cent of Nigeria’s international trade by volume.
By Izuchukwu Ozoemena
Arising from weeks of intensive planning and stakeholder engagements, the Maritime Reporters’ Association of Nigeria (MARAN) hereby confirms readiness and an overwhelming industry stakeholders support for its planned special reception to honour her past presidents.
The reception is a landmark event aimed at celebrating leadership, service and the enduring contributions of media professionals to Nigeria’s maritime industry.
The event which promises to be a gathering of industry heavyweights, ministry officials, policymakers, regulators, terminal operators, shipping companies, freight forwarders and other critical stakeholders, is designed not only to honour past leaders of MARAN but to restate the role of maritime journalism in shaping policy, promoting accountability, and driving sectoral growth.
Speaking on the event, MARAN Caretaker Committee Chairman, Tunde Ayodele noted that the reception serves as a platform to reflect on the legacies of past presidents whose leadership helped position the association as a respected voice in the maritime space.
He added that the event will also provide an opportunity to strengthen collaboration between the media and industry operators at a time when the sector is undergoing significant reforms and modernization.
As stated by Funsho Olojo, Chairman, Reception Planning Committee, notable dignitaries from government institutions, including the Ministry of Marine and Blue Economy, as well as heads of key maritime agencies, have indicated strong interest in attending the event.
Several corporate organizations and industry groups have also signified their willingness to support the initiative, underscoring its importance to the wider maritime community.
Mr Olojo, while giving an overview of the event, declared that it would serve as a veritable platform to celebrate excellence, hard work and quality leadership offered by past MARAN leaders.
”MARAN, as the projenitor of beat associations in the maritime industry, has produced finest individuals who have had the privilege of leading this great association.
”They have sacrificed their time, energy and intellect to make MARAN the greatest beat association in the maritime industry.
” More encouraging is the fact that all of these past leaders are currently doing well in their different endeavors.
” Some are excelling as Ministers of God in His vineyard, some are holding their own in the legal profession, some have become media moguls and employers of labour while some are practicing their crafts as political appointees.
” It is at this reception that MARAN hopes to unveil their excellence and celebrate their rising profiles”, Olojo declared.
The reception, which will be held on April 24, 2026 at Rockview Hotel, Apapa, Lagos, is expected to feature award presentations, goodwill messages, and networking sessions that will foster deeper engagement among stakeholders while celebrating excellence in maritime journalism.
As the momentum continues to build, the association therefore calls on industry stakeholders, corporate organizations, and well-meaning individuals to be part of this historic event through sponsorships, partnerships, and active participation.
MARAN is the foremost maritime journalists beat association, and a professional body that is committed to promoting ethical journalism, capacity building, and informed reporting within Nigeria’s maritime and blue economy sector.
By Izuchukwu Ozoemena
Come Wednesday, April 15, 2026, Media Anti-Corruption Initiatives (MACI) and Hynek Media will host a one-day seminar at the Rockview Hotel, Apapa GRA, Lagos. This is part of efforts to create needed public awareness on the National Single Window (NSW), the Federal Government’s flagship trade facilitation project.
With the theme, “National Single Window: Strategies to Avert Failure,” the parley provides a platform for stakeholders to openly discuss concerns and chart strategies for the effective implementation of the NSW.
Sub-themes of the seminar are Transparency in Single Window Project – A Key to Sustainability, and Inter-Agency Rival-Free Collaboration for NSW Success.
Dr. Segun Musa, Lead Consultant, Global Transport Policy, will deliver a keynote address while many maritime eggheads have been lined up as panel of discussants.
These include Aare Hakeem Olanrewaju, Chairman, Customs Consultative Committee who chairs the event while Hon. Kingsley Igwe, Registrar, CRFFN will be the Co-Chairman.
Other high-profile participants expected include Dr. Bashir Adewale Adeniyi, MFR, Comptroller-General, Nigeria Customs Service (Chief Guest of Honour), Mr. Tola Fakolade, Director, National Single Window (Special Guest of Honour), Dr. Abubakar Dantsoho, MD, Nigerian Ports Authority, and Dr. Dayo Mobereola, DG, NIMASA. Others are Dr. Pius Akutah MON, ES, Nigerian Shippers Council, Alhaji Umar Yusuf Girei, Acting MD, NIWA, and Mrs. Adesuwa Ladoja, MD, Lagos Free Trade Zone.
The seminar will feature insights from customs controllers, freight forwarders’ associations, indigenous terminal operators, and regulators.
According to the organizers, the event offers a rare opportunity to harvest ideas and align government agencies, private operators and civil society organizations around a shared vision for a seamless trade ecosystem.
Officials project that the NSW could reduce transaction costs by up to 25% and increase government revenue by 20%. However, experts caution that Nigeria’s history of reform setbacks underscores the need for robust safeguards to ensure success.
Dantsoho, NPA MD, Attributes Maritime Sector Transformation to Reforms and Minister’s Leadership Style.
MARAN Confirms Readiness To Celebrate Past Presidents.
NATIONAL SINGLE WINDOW: MACI, Hynek Host Parley To Address Risks and Concerns.
Akutah, Shippers’ Council Boss, Denies Political Distraction Claims, Insists He’s Focused on His Duties.
SINGLE WINDOW HICCUPS: Shippers’ Council, Revenue Service Canvass Waivers for Importers .
PIPELINES SURVEILLANCE: National Assembly Commends Tantita for Performance, Dismisses Petitions over Contract Award.
NATIONAL SINGLE WINDOW: Anti-Corruption Group Hosts Seminar To Tackle Envisaged Risks.
ICTN: FG Gives Shippers’ Council Nod for a Roll-Out, Agencies Sign Performance Bonds.
NPA Deepens Digitalization,Targets Port Community System As ETO undergoes Review.
Nigeria Canvasses Regional Co-operation, Investment Drive at Liberia Fisheries Summit.
PORTS MODERNIZATION, NATIONAL SINGLE WINDOW TO TACKLE PORTS CHALLENGES, Says NPA MD.
Oyetola Welcomes EU Delegation, Urges Stronger Role Against Illegal Fishing, Maritime Crimes in the GoG.
Maritime Journalists’ Group, MARAN, Set To Honour Her Past Leaders.
Tincan Customs Posts Over N120.4bn in February, 2026, A Huge Leap Above the February 2025 Records.
TRADE FACILITATION: FG Unveils National Single Window To Encourage Coordinated and Technology-Driven Trade System.
NIMASA Collaborates With KAIPTC To Empower West African Women For Digital Participation In Maritime Sector.
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APFFLON Seeks Immediate Reform of CRFFN, Replacement of Registrar.
OMIS AWARDS, 2022: Greg Ogbeifun, Industry Gurus For Special Recognition.
B’ODOGWU TRADE PORTAL: Customs Consolidates, Pilots Form ‘M’ Processing.
FG Set To Re-establish National Shipping Line, To Take Advantage of $10 bn Annual Ship Charter Market.
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Sylvanus Ekpo, ex-Editor, Shipping World Magazine, loses Mum
HALF YEAR, 2024: Apapa Customs Nets ₦1.024 Trillion, Records 143% Increase.
JANUARY-MAY REPORT: Seme Customs Hits N2.6bn, Facilitates ₦35.1bn Exports.
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MAN, ORON: It’s Encomiums Galore From International Seabed Authority (ISA).
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Maritime Agencies3 weeks agoTincan Customs Posts Over N120.4bn in February, 2026, A Huge Leap Above the February 2025 Records.
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Maritime Agencies3 weeks agoOyetola Welcomes EU Delegation, Urges Stronger Role Against Illegal Fishing, Maritime Crimes in the GoG.
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Maritime Agencies3 weeks agoTRADE FACILITATION: FG Unveils National Single Window To Encourage Coordinated and Technology-Driven Trade System.
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Maritime Agencies2 weeks agoNPA Deepens Digitalization,Targets Port Community System As ETO undergoes Review.
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Maritime Agencies2 weeks agoICTN: FG Gives Shippers’ Council Nod for a Roll-Out, Agencies Sign Performance Bonds.
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Maritime Agencies3 weeks agoMaritime Journalists’ Group, MARAN, Set To Honour Her Past Leaders.
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Maritime Agencies2 weeks agoNigeria Canvasses Regional Co-operation, Investment Drive at Liberia Fisheries Summit.
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Maritime Agencies2 weeks agoPORTS MODERNIZATION, NATIONAL SINGLE WINDOW TO TACKLE PORTS CHALLENGES, Says NPA MD.