Maritime Agencies
MAN Oron Rector Charges Cadets To Imbibe The Essence of Blue Economy.
By Izuchukwu Ozoemena
The Rector, Maritime Academy of Nigeria (MAN), Oron, Commodore Duja Emmanuel Effedua, (rtd) says it is significant that the institution’s Blue Economy Week just celebrated coincided with the 2024 Day of Seafarers in Nigeria.
The theme, “The Blue Economy: Issues, Challenges and Opportunities for Nigeria”, the Rector explained, was chosen to bring the cadets of the premier nautical school up to speed with the events and trends in the new dispensation following the recent carving out of the Marine and Blue Economy Ministry from the parent Ministry of Transportation.
Dedicating the programme to Nigerian seafarers and future seafarers in training, Commodore Effedua said the programme is expected to re-calibrate the minds of the cadets regarding what the Blue Economy is all about as much as inspire their confidence anew in the entire Maritime industry.
“Nigeria is developing its blue economy and as cadets and seafarers, it holds the future for most of you. We have taken you through various levels of academic training but at the end of the day, whatever your specialization, you will end up in the marine and blue economy. So, it is important you have the necessary and essential knowledge”, Commodore Effedua told the cadets.
He added that the Blue Economy and its rich potentials have always been there even though the country was “sea blind”.
“So far, we have been able to take you through quality training using the most sophisticated seafaring training assets such as simulators and other equipment. Your future is already laid out for you; just acquaint yourselves with the basic concepts of the blue economy because that is where you will end up upon leaving here.”
The blue economy, he explained, encompasses everything.
“You are aware of the enormous opportunities that lie in navigation, onboard ships, the fishing boats, tug boats and trawlers and all the connecting activities which are so vast. I am just giving you the synopsis.”
He told the cadets that the institution has brought experts and will continue to do so, to tell them all about the marine and blue economy and how to harness the huge potentials embedded in it. He therefore urged them to pay attention, explore, assimilate and grasp opportunities to learn what experts have to say.
“We shall continue to do this exercise often because this is the industry you belong to.”
So far, he said, MAN has been able to take the cadets through quality training using the most sophisticated seafaring training assets such simulators and other equipment.
“Your future is already laid out for you; just acquaint yourselves with the basic concepts of the blue economy because that is where you will end up upon leaving here.”
“So, we have brought experts here and will continue to do so, to tell you about the marine and blue economy and how to harness the vast potentials it holds. So, pay attention, assimilate, explore opportunities, grasp and learn what our experts will take you through as we shall continue to do this exercise often because this is the industry you belong to.
In a presentation entitled ‘Maritime Challenges in the Gulf of Guinea,’ former Chief of Naval Staff, Vice Admiral Dele Joseph Ezeoba explained that no country can comprehensively handle maritime threats on its own as only the coalition known as Global Maritime Partnerships (GMP) is the way to address comprehensive maritime insecurity.
“So far we have been able to take you through quality training using the most sophisticated seafaring training assets such simulators and other equipment; your future is already laid out for you, just acquaint yourselves with the basic concepts of the blue economy because that is where you will end up upon leaving here.
“The blue economy encompasses everything; you are aware of the enormous opportunities that lie in navigation, onboard ships, the fishing boats, tug boats and trawlers and all the connecting activities which are so vast; l am just giving you the synopsis. So we have brought experts here and will continue to do so, to tell you about the marine and blue economy and how to harness the vast potentials it holds. So pay attention, assimilate, explore opportunities,grasp and learn what our experts will take you through, we shall continue to do this exercise often because this is the industry you belong.”
Delivering a paper, ‘Maritime Domain Awareness: A Case Study of Nigeria’s Territorial Waters’, Rear Admiral Austin Oyagha (Rtd) called for greater synergy between the Nigerian Navy and the Nigerian Maritime Administration and Safety Agency (NIMASA) through harmonizing the management and control of critical security infrastructure into one bouquet to ensure greater focus and efficiency. He described as counterproductive the spread of Nigerian Navy’s Falcon Eye, NPA’s C31 and NIMASA’s C4i.
He referred to what he called ungoverned spaces, saying that this reflects lack of coordination usually driven by selfish political considerations. Oyagha said MDA radars are expected to cover the entire space of the nation’s Exclusive Economic Zone (EEZ) without any blind spot. But such full range coverage of the backwaters, he regretted, is not being achieved.
Speaking on ‘The Blue Economy: Imperatives for Nigeria,’ Rear Admiral FD Akpan, observed that for most people in Africa and in particular Nigeria, the ocean is an unfamiliar phenomenon.

A cross-section of the cadets
“While many live very close to it, they never get to know it, never venture into it and its vastness is a source of admiration and myth to many. Lack of awareness and the potentials and resources available at sea often leads to government in some of the littoral states placing more emphasis on the development on materials/resources on land and becoming more land conscious in their approaches to policy generation and development drives. This tendency is referred to as Sea Blindness or Sea Myopia”.
“Sea Blindness,” he stated, “can be defined as a general ignorance and failure to appreciate the importance of maritime domain by the general public, policy makers, governments and scholars. It is referred to as an inability to appreciate the importance of the seas and naval power, particularly with strategic security and economic prosperity”
“A littoral country with sea blindness is not aware that maritime supremacy is an important foreign policy tool. It is also the inability to quantify in concrete terms the actual potential of the maritime environment based on research and other empirical evidence” Rear Admiral FD Akpan (rtd) said.
Dr. Felicia Mogo, another resource person, called for a sustainable use of the oceans and seas to ensure the sustainability of humanity on planet earth.
In their respective presentations, Dr. Hope Afoke Orivri and Mrs. Ezinne Chinwe Azuna, both veteran maritime journalists, spoke on the ‘Dangers of Marine Plastic Pollution’ and ‘The Art and Seascapes in Nigeria’s Blue Economy’.

Other paper presenters at the occasion described as one of the best sensitization efforts of MAN Oron in recent times included Dr Eto Gabriel and Dr Kevin Okonna, both senior staff of the institution.
Maritime Agencies
CVFF: Cargo Availability, Trade Contracts Should Determine Ship Acquisition.
By Izuchukwu Ozoemena
As the ongoing controversy on the Cabotage Vessel Financing Fund (CVFF) persists, an industry expert has canvassed that only guaranteed cargo and long-term trade contracts would guide shipowners to acquire appropriate vessels, generate revenue from their operations and repay the loan over time.
Capt Ladi Olubowale, foremost ship owner and former chapter president of African Shipowners Association (ASA) stated this, Monday, while speaking as a guest at the Maritime Reporters Association of Nigeria (MARAN) Roundtable. The success of the CVFF, he posited, should not be measured merely by the amount allocated to individual shipowners, but by the ability of beneficiaries to link vessel acquisition to viable commercial opportunities.
Capt Olubowale, the CEO, Seamate Maritime Integrated Services Ltd, said that a $25 million facility under the CVFF could be sufficient to acquire a sizeable vessel if the financing is tied to identifiable cargo and long-term trade contracts.
Shipping is all about practicality and private sector must be in the frontline, not the government. People should be made to understand what it means to run the business of shipping. When the Minister travels, he must take along stakeholders who have the experience because shipping is a public sector-driven industry.
Olubowale recalled that the Nigerian Maritime Administration and Safety Agency (NIMASA) had taken a position that potential beneficiaries from the CVFF would be required to provide about $3.7 million in equity to access financing of up to $25 million, but stressed that the critical consideration should be the trade the vessel would serve.
Nigeria’s maritime industry, he explained, is like a loaded ship waiting for who can sail it to sea.
“NIMASA wants you to bring out $3.7 million in order for you to be able to attract $25 million. They will now look at it in your own case. What trade will you be using that for?” he asked.
Olubowale explained that the $25 million facility should not be considered in isolation as different categories of vessels are designed to serve specific cargo requirements.
He urged the government and industry stakeholders to first identify the volume and nature of cargo available in Nigeria and then match such cargo with the appropriate vessels before approving CVFF financing.
Citing dry cargo, cement and other commodities, he said each trade required vessels specifically suited to its operational needs, warning against financing vessel acquisition without first establishing the commercial demand that would sustain the investment.
The shipowner said a properly structured $25 million facility could enable an operator to acquire a vessel dedicated to a specific trade, particularly where a one- or two-year contract guaranteeing cargo is already in place.
He noted that revenue generated from such contracts could be used to service and repay the financing, thereby making the vessel commercially viable and reducing the risk associated with ship acquisition.
Olubowale further called for the CVFF to be deployed as part of a broader national fleet development strategy rather than being treated solely as a financing scheme for individual shipowners.
According to him, with an estimated $700 million currently available in the fund, Nigeria could develop a national fleet covering various cargo segments if the resources were strategically deployed with the guidance of experienced industry professionals.
“Most of this shipping does not require a big capital. It requires you have a 10 per cent deposit as long as you trade to cover up that money,” he said.
He argued that guaranteed trade would significantly improve the viability of CVFF-backed vessel acquisition and provide a clear repayment structure for lenders.
Olubowale also disclosed that several banks had approached his company regarding the CVFF, with some presenting term sheets detailing financing requirements, equity contributions and other conditions.
He said the development represented a significant shift from previous years when shipowners frequently complained about the prolonged process of accessing the fund.
The shipowner maintained that the priority should now be to ensure that the CVFF delivers measurable economic benefits by expanding Nigeria’s indigenous fleet, creating opportunities for local shipowners and enabling Nigerian operators to capture a greater share of the country’s maritime trade.
Maritime Agencies
MARAN to Honour NAGAFF President, High Chief Tochukwu Ezisi as Patron.
By Izuchukwu Ozoemena
The Maritime Reporters’ Association of Nigeria (MARAN) is set to confer the prestigious title of Patron on the President of the National Association of Government Approved Freight Forwarders (NAGAFF), High Chief Tochukwu Ezisi, in recognition of his outstanding contributions to the development of Nigeria’s maritime industry and his commitment to humanitarian causes.
The investiture will take place at the MARAN Maritime Annual Lecture (MAMAL), the flagship programme of the association, scheduled to hold at the Nigerian Air Force Event Centre, No. 1 Kofo Abayomi Street, Victoria Island, Lagos.
High Chief Ezisi is a seasoned and accomplished freight forwarder whose decades of experience and contributions to the freight forwarding profession have earned him respect within and beyond the maritime community. He is also widely recognised for his philanthropic activities and commitment to supporting individuals and communities.
MARAN President, Mr. Oluyinka Onigbinde, said the decision to honour High Chief Ezisi reflects the association’s appreciation of individuals who have distinguished themselves through professionalism, service and contributions to the growth of the maritime sector.
According to him, High Chief Ezisi’s elevation as Patron is also expected to further strengthen the relationship between MARAN and stakeholders across the freight forwarding and broader maritime community.
The MARAN President noted that MAMAL has, over the years, provided a credible platform for critical discussions on issues affecting Nigeria’s maritime industry, bringing together policymakers, government officials, regulators, industry leaders, academics, journalists and other key stakeholders.
The annual lecture is expected to attract top government officials, bureaucrats, maritime industry regulators, members of the academia and major stakeholders across the Nigerian maritime sector.
MARAN said the investiture of High Chief Tochukwu Ezisi will be one of the highlights of this year’s MAMAL and will underscore the association’s commitment to recognising individuals whose contributions continue to advance professionalism, collaboration and sustainable development in Nigeria’s maritime industry.
Maritime Agencies
Apapa Customs in Historic Revenue Boost, Nets N28 Billion In One Day.
By Izuchukwu Ozoemena
The Apapa Area Command of the Nigeria Customs Service (NCS) is ever committed to sustain and even surpass the current zeal with which it is prosecuting enhanced revenue generation, trade facilitation, professionalism and stakeholder collaboration because every legitimate revenue collected strengthens government’s capacity to deliver on its development priorities and improve the lives of Nigerians.
The Command’s image maker, Chief Superintendent of Customs Isa Suleiman Ibrahim disclosed this in a press release on behalf of the Customs Area Command Controller, Comptroller Emmanuel Oshoba.
The release disclosed a historic revenue collection of Twenty-Eight Billion,One Hundred and Two Million, Nine Hundred and Fourteen Naira, Sixty-One Kobo (₦28,102,000,914.61k) on Tuesday, 18th August, 2026, the highest single-day revenue collection ever recorded by the Command.
The feat, the release indicated, surpasses the previous daily record of ₦20.1 billion, achieved in September 2025, shortly after the assumption of office of the present Customs Area Controller, CAC, Comptroller Emmanuel Oshoba.
The new record is achieved weeks after the Command recorded an unprecedented ₦323 billion monthly revenue collection in July 2026, thus demonstrating the sustained impact of reforms, improved compliance, enhanced trade facilitation, intelligence-driven interventions and the increasing efficiency of digital Customs processes.
Commenting on the feat, Comptroller Oshoba stressed that the achievement is not simply about figures or records. It is about what the Nigeria Customs Service is contributing to the economic wellbeing of Nigerians.
Revenue generated by the Service, he explained, forms part of government resources used to fund public priorities including infrastructure, security, education, healthcare and other services that ultimately impact the lives of ordinary Nigerians.
He therefore dedicated the milestone to the Government and people of Nigeria, while commending the Comptroller-General of Customs, Bashir Adewale Adeniyi, and the management team of the Service for their continued support for modernisation, automation and reforms aimed at making Customs operations more efficient, transparent and business-friendly.
The CAC also acknowledged the cooperation of compliant importers, exporters, licensed Customs agents and other stakeholders, as well as patriotic Nigerians who have provided actionable intelligence in achieving this feat.
He stressed that every compliant transaction contributes to national development and urged stakeholders to continue supporting legitimate trade since a stronger revenue base gives the government greater capacity to respond to the needs of the people and create an environment where businesses can thrive.
Comptroller Oshoba charged officers and men of the Command to see the record as a clarion call to do more.
He emphasised that revenue collection must be achieved alongside trade facilitation, professionalism, transparency and respect for stakeholders, directing personnel to resolve legitimate disputes promptly and ensure that Customs procedures do not unnecessarily hinder lawful businesses.
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