Maritime Agencies
NIMASA: Mobereola Welcomes Reps’ Committee, Assures of Disbursement of CVFF Soonest
By Izuchukwu Ozoemena
The House of Representatives has commended the Director-General and the entire management of the Nigerian Maritime Administration and Safety Agency (NIMASA) for the progress being made in implementing reforms aimed at
repositioning Nigeria’s maritime industry for greater global relevance.
Speaking during an oversight function visit to NIMASA, the Acting Chairman of the House of Representatives Committee on Maritime Safety, Education and Administration,
Committee Hon. Uduak Alphonsus Odudoh pledged full support for the directive issued by the Minister of Marine and Blue Economy, Adegboyega Oyetola, for the Agency to ensure that the beleaguered Cabotage Vessel Financing Fund (CVFF) is disbursed in a couple of months.
“I want to commend NIMASA and the Federal Ministry of Marine and Blue Economy for steps taken to disburse the CVFF which has been a challenge for over 20 years. This will translate to job creation for the maritime sector in Nigeria. The DG and his team have succeeded in maintaining no piracy in Nigerian waters and this translates to better image for Nigeria.”
The House of Representatives, he pledged, is also supporting Nigeria’s quest to seek election into category C at the International Maritime Organization (IMO).
“The DG told us that NIMASA is domesticating a record 56 conventions in one fell swoop. This is fantastic. The global maritime community will see us as a serious maritime nation. We are committed to work, collaborate with NIMASA, collaborate with the Ministry of Marine and Blue Economy for the success of this present government and the success of Nigeria,” Hon Uduak declared.
In his remarks, the NIMASA Director General, Dr. Dayo Mobereola, welcomed the delegation and expressed appreciation for the cordial relationship that exists between the Agency and the House Committee. He lauded the Committee’s role in shaping governance and policy direction for the maritime sector, noting that such oversight and support are crucial to the Agency’s continued success.
He confirmed that the Minister’s directive on the CVFF disbursement is a done deal as far as the House is concerned.
“We are acting in accordance with the directive of the Honourable Minister to ensure indigenous shipowners finally have access to this critical funding. The guidelines have been streamlined based on the Minister’s approval, so beneficiaries can access the funds this year.”
To manage the $700 million intervention fund efficiently, NIMASA has expanded the number of Primary Lending Institutions (PLIs) from five to twelve. These banks will play a key role in risk assessment, ensuring that only credible, financially capable shipping firms benefit from the revolving fund.
The funding model will see banks contribute 35%, NIMASA 50%, and the remaining 15% as equity from the shipowners themselves.
“By involving the banks, we are ensuring financial discipline and sustainability, which are crucial for this fund to continue long-term,” the DG explained.
“We are creating a win-win scenario—access to finance and access to business,” Mobereola said.
Maritime Agencies
Suspend Charges Review, Engage Stakeholders, Shippers’ Council Tasks Shipping Companies
By Izuchukwu Ozoemena
All shipping companies, shipping agents, and terminals operating within Nigerian ports have been given marching orders to suspend and discontinue the implementation of any review or upward adjustment of their charges until they have fully engaged their stakeholders.
This is contained in a release by Rebecca Adamu, Head of Public Relations of the Nigerian Shippers’ Council, Nigeria’s Ports Economic Regulator.
The Nigerian Shippers’ Council clarifies that the recent adjustment was approved strictly in accordance with her statutory mandate as the Port Economic Regulator in which case all tariff reviews were conducted in a transparent, structured, and well-defined regulatory process.
”These processes included detailed technical and consultative engagement with affected service providers aimed at examining the cost drivers, operational realities, investment obligations and regulatory compliance.”
”The engagements did not constitute automatic approvals; rather, they informed a broader evaluative process. Final determinations were reached only after rigorous internal, technical, and financial assessments guided by empirical evidence, regulatory benchmarks, and prevailing economic conditions.”
”Notwithstanding, shipping companies, agents, and terminal operators are hereby directed to suspend any intended review of charges until they have duly consulted and engaged their stakeholders. As the Port Economic Regulator, the Nigerian Shippers’ Council will wield the big stick against any port service providers disrupting port operations”, the statement warned.
The Council emphasised that transparency, fairness, and stakeholder participation are fundamental principles underpinning port economic regulation in Nigeria.
The Executive Secretary/Chief Executive Officer of the Council, Dr. Pius Akutah (MON), further warned that the Council is empowered under its regulatory mandate to apply appropriate sanctions against defaulting operators, including enforcement measures provided for under relevant regulatory frameworks. He encourages constructive engagement, dialogue, and compliance.
Any service provider that proceeds with charge reviews without stakeholders’ engagement should be prepared to face decisive regulatory action.
He assured that the Nigerian Shippers’ Council remains committed to protecting the interests of port users, promoting fair competition and ensuring a balanced and predictable business environment within the Nigerian maritime industry.
Customs
FG Inaugurates Nigerian Shippers’ Council Board, Highlights Need for Reduced Port Costs, Fair Pricing.
By Izuchukwu Ozoemena
The inauguration of a new Board for the Nigerian Shippers’ Council, Monday, sets a clear reform agenda for Nigerian seaports as reduced port costs and fair pricing now take centre stage.
Dr Bolaji Akinola, Special Assistant (Media and Publicity) to the Minister of Marine and Blue Economy, stated this in a statement.
At the event, Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola charged the Board to focus on improving accountability in operations, reduced cost of doing business and strengthened regulation processes across the shipping sector.
The reconstitution of the Council’s governing structure, he stated, follows the resolve of President Bola Ahmed Tinubu to ensure that good governance and repositioning of the Marine and Blue Economy should serve as a key engine of national economic growth under the Renewed Hope Agenda.
Oyetola reminded the Board that as Nigeria’s Port Economic Regulator, the Shippers’ Council is central in efforts to achieve efficiency, transparency and fairness in port charges and service delivery.
Robust economic regulation, the Minister maintained, is critical to lowering trade costs, protecting shippers and improving Nigeria’s competitiveness within the sub-region and beyond.
The Minister urged Board members to provide firm strategic leadership and effective oversight, insisting that regulatory decisions must translate into measurable outcomes, including improved port efficiency, fair pricing, and enhanced trade facilitation.
He called for seamless collaboration between the Board and the Council’s management, while assuring members of the Ministry’s full support in delivering their mandate.
Dr Ibrahim Shema, former Governor of Katsina State, is the Chair of the newly -inaugurated Board. Other members are Dr. Pius Akutah, MON, Executive Secretary/ Chief Executive Officer of the Council; Dr. Emi Membere-Otaji (NACCIMA); Mr. John Aluya (MAN); Rt. Hon. Chiji Collins and Mrs Olufunmilayo Olaseinde.
Others are Dr. Funmilola Rashidat Adeoti; Alhaji Mele Kofo Gladem; Mrs Hafsatu Mohammed (NNPCL); Hon. Maharazu Adamu Dayi; and Mrs. Uzoamaka Okereke from the Ministry of Marine and Blue Economy.
Speaking on behalf of the Board, Dr. Shema thanked President Tinubu for the opportunity to serve and commended the Minister for his leadership of the sector. He pledged that the Board would uphold professionalism and integrity while supporting reforms aimed at improving port performance, strengthening regulatory effectiveness, and delivering tangible benefits to shippers and the national economy.
NSC serves as Nigeria’s Port Economic Regulator, mandated to promote efficiency, transparency, competitiveness, and fairness in port operations, while safeguarding the interests of shippers and enhancing the country’s maritime trade environment.
Maritime Agencies
OIL FACILITIES PROTECTION: Tompolo’s Tantita Acquires High-Tech Drones From US Firm.
By Izuchukwu Ozoemena
Tantita Security Services Ltd (TSSL), the company in charge of security surveillance over oil and gas installations in Nigeria’s Niger Delta region, is in collaboration with Textron Systems Corporation, a United States–based defence and aerospace company, to supply her three advanced Aerosonde Mk. 4.7 Vertical Takeoff and Landing (VTOL) uncrewed aircraft systems (UAS).
TSSNL owned by Chief Government Ekpemupolo (popularly known as Tompolo) disclosed the business deal in her website publication of December 29, 2025. The drones will be delivered in a fully ITAR-Free configuration.
The Aerosonde Mk. 4.7 is designed to operate without runways, utilising hybrid quadrotor technology that enables vertical takeoff and landing, as well as fixed-wing flight.
The Aerosonde Mk. 4.7 VTOL UAS, Textron Systems says, is a mature, industry-proven autonomous platform known for its high reliability and operational flexibility. Its dual-mode capability allows it to operate seamlessly in complex and high-risk environments, making it well-suited for security operations within Nigeria’s oil and gas sector.
Giving further insight into the contract, Senior Vice President, Air, Land and Sea Systems at Textron Systems, David Phillips, said the deployment would significantly enhance Tantita’s operational capability.
”The Aerosonde Mk. 4.7 VTOL UAS is a proven solution that will enable Tantita Security Services to expand its capabilities to protect the oil and gas infrastructure essential to Nigerian security and prosperity,” he stated.
The Aerosonde platform has accumulated over 700,000 flight hours across some of the world’s most challenging operating environments, underscoring its reliability and performance.
Tantita Security Services is expected to deploy the systems to strengthen surveillance and protection of critical oil and gas assets across Nigeria.
The contract also includes options for operator training and the supply of additional aircraft to support future capability expansion. Textron Systems noted that the agreement builds on a previous Foreign Military Sale (FMS) contract to Nigeria, further highlighting its ongoing commitment to supporting Nigerian security operations.
Textron Systems is a global leader in uncrewed air, land and sea systems, with the Aerosonde family of UAS currently supporting international customers and operations aboard more than 10 U.S. Navy ships. The company is a subsidiary of Textron Inc. (NYSE: TXT), a diversified multinational with interests spanning aviation, defence, industrial manufacturing and finance.
With multiple payload configurations and comprehensive training and support services, the Aerosonde Mk. 4.7 VTOL UAS offers a versatile and efficient solution for security operations in demanding environments, reinforcing Tantita Security Services’ role in safeguarding Nigeria’s critical energy infrastructure.
Suspend Charges Review, Engage Stakeholders, Shippers’ Council Tasks Shipping Companies
FG Inaugurates Nigerian Shippers’ Council Board, Highlights Need for Reduced Port Costs, Fair Pricing.
OIL FACILITIES PROTECTION: Tompolo’s Tantita Acquires High-Tech Drones From US Firm.
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Maritime Agencies2 weeks agoOIL FACILITIES PROTECTION: Tompolo’s Tantita Acquires High-Tech Drones From US Firm.
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Maritime Agencies3 weeks agoNEW YEAR CELEBRATION: MARAN Appreciates Stakeholders, Requests Greater Support and Collaboration in 2026.
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Maritime Agencies2 days agoSuspend Charges Review, Engage Stakeholders, Shippers’ Council Tasks Shipping Companies
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Customs2 days agoFG Inaugurates Nigerian Shippers’ Council Board, Highlights Need for Reduced Port Costs, Fair Pricing.