Maritime Agencies
Starzs Group Emphasizes Sustainable Corporate Social Responsibility, Urges Government to Strengthen Education Infrastructure.
By Izuchukwu Ozoemena
As part of activities marking its 40th anniversary, Starzs Investments Company Limited (SICL) on Wednesday commissioned a 6,000-litre solar-powered borehole and renovated male and female toilet facilities at Government Secondary School, Ogu, in Ogu-Bolo Local Government Area , Onne, Rivers State.
Commissioning the projects, the company’s Managing Director, Ms Iroghama Ogbeifun, described the intervention as the first of many collaborative initiatives with the school and urged the school management to ensure proper maintenance and sustainability.

”We dedicate this project, which will be by God’s grace, the first of many, in our collaboration with this community and with this school, in honour of the Father, Son, and the Holy Spirit. Amen.”
She also unveiled the commemorative plaque marking the company’s 40th anniversary.
”I also use the opportunity to unveil the plaque that will memorialize us as a business concern, in celebration of our 40th anniversary.-
“Starzs Investments Company Limited Solar Powered Ogu-Bolo Project, installed by Starzs Investments Company Limited. This water facility was installed to support access to clean and sustainable water for the school, transforming lives one boat at a time.”
Community leaders, including Engr. Boma Dasinokuma, as well as the school’s Principal and Vice Principal, pledged to ensure the facilities are properly maintained.

Addressing journalists, Ogbeifun said the intervention reflects Starzs’ commitment to sustainable corporate social responsibility, while stressing that the provision and maintenance of public school infrastructure remain the responsibility of government.
Speaking on the state of infrastructure at the schools visited, the MD said;
”For me, it’s a call for action to the government. It’s as simple as that. And the more we begin to talk about it, the better.
”The government has the core responsibility to ensure that these schools are maintained. Since this school was built in 2018, it has not been maintained or painted by the government. So why did the government build it? You can’t build schools with a plan that private companies will come here and do what you are meant to do.”
She maintained that while companies should continue to support education through corporate social responsibility, government must not abdicate its constitutional responsibilities.
”Yes, we encourage companies to come and do what they can but the core responsibility remains with government. And government must be called to action to live up to their responsibility and not wait for private companies.
”Whatever a private company does should just be an extra. They should be coming here and saying I want to give them what they don’t already have. What government has not already given to them.
”That’s what I’m saying. Let me come and put playground here and not to give you water to be able to flush your toilet. That’s unacceptable as far as I’m concerned.”
She explained that Starzs carefully chose projects that would have long-term impact on communities.
”Starzs Investments Company Limited is celebrating 40 years of existence. We haven’t only just existed, we have also thrived, by God’s grace!
”And in marking such a significant milestone, we have taken it upon ourselves to visit different communities, particularly the schools, to do some CSR projects. And they have ranged from tree planting, environmental maintenance, to more importantly, infrastructure projects.”
Ogbeifun said the lack of clean water and functional sanitation facilities in schools has significant health and hygiene implications for pupils and teachers alike.
”There are many implications of not having running water in a school like this, especially in this days. We have children from different levels of education. From kindergarten to primary, secondary and they don’t have clean, running water. And obviously, we must talk about the health implications of that. We must talk about the sanitary implications of that. And there are also teachers who live here. So, imagine not having access to running water…
”The toilets have not been used in years because there was no water. And one of the biggest problems that they also have is power. So, even if you drill a borehole, the borehole has to move with a pump and that pump has to be powered.
”So, my team came up with the idea of installing a solar-powered borehole. This will be the second kind of project that we as Starzs have executed. The other one was built in a community very close to where our office operates. So, this will be our second solar-powered borehole project.”
Expressing satisfaction with the quality of the work, she said the project had restored functional sanitation facilities to the school and would positively influence pupils’ health and behaviour.
” I’m very, very satisfied with what my team has done especially given the timeline, the time frame that was given to them to execute.
”It’s a fantastic job. We’ve gone around. We’ve seen the solar project. We’ve seen the borehole. We’ve tested it. We’ve visited the toilets that were renovated and cleaned up.
”All of them are working in two different classroom blocks. We have toilets in two different classroom blocks-for junior secondary and the senior secondary. Upstairs and downstairs. The water is running, the pressure is very good. It’s very satisfactory!
”I’m very happy with what I’ve seen. It will help the children to develop the right mindset. We are showing them that squatting outside in public is not the standard. Even for civilization. What we have done here today is correcting that mindset.
”And showing them that this is the standard sanitary practice. That you can have a toilet. You sit on it. Then when you’re done, you clean it up. You flush it. And the water comes out. Then you can also wash your hands in the sink.
”So, that way, when the teachers are teaching them about washing their hands in school; they’re not looking at you, lost. Like where do I wash my hands? Where is the running water to wash my hands?
”That’s the basic privilege of a child. Or a young child growing up. It should not be seen as a privilege. It’s a basic entitlement, as far as I’m concerned. So, for us as Starzs, we’re so happy that we could support the school management in this endeavor. To give them something that has sustainability attached to it. That is very important to us.
”Because with that borehole that is powered by solar, the school will always have running water. And then, we also connected their staff quarters so they can benefit from the existence of this borehole.
”So I think my in my heart… I feel a sense of fulfillment today. I must be honest. I’ve gone to a lot of other projects. But this one has impacted me the most because I know the implication of having running water, especially as a child.”
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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