Maritime Agencies
Zoe Maritime Breakfast Meeting: NCDMB, NIWA, LASWA Discuss Maritime Logistics, Sustainability of Ocean Economy.
By Izuchukwu Ozoemena
In furtherance of a mandate to champion local human resources input into operations in Nigeria’s oil and gas sectors, the Nigerian Content Development and Monitoring Board (NCDMB) has instituted the Nigerian Content Forum
However, the agency’s intervention in the maritime space has been challenging as she struggles with in-country value addition and pushback in efforts to make progress.
NCDMB Executive Secretary/CEO, Mr Felix Omatsola Ogbe stated this in Lagos, Thursday, during a panel discussion at the 2025 edition of the Maritime Business Roundtable Breakfast Meeting organized by Zoe Maritime Resources Ltd with the theme ‘Maritime Logistics and Sustainability of the Ocean Economy’. Other dignitaries on the discussion included Oluwadamilola Emmanuel, General Manager, Lagos Waterways Authority (LASWA), Engr Elsie Egwuatu, Head of Marine, Lagos Area Office of the National Inland Waterways Authority (NIWA) and Ruth Ikem Chukwukezirim, CEO, Global Energy & Logistics.
Mr Ajimijaye receiving a souvenir on behalf of NCDMB Executive Secretary/CEO.
Speaking through Silas Omomehin Ajimijaye, General Manager, Research, Statistics and Development, the NCDMB boss referred to the $350 million intervention fund up for grabs by local shipping companies. Not less than 10 Nigerian companies, he explained, have accessed the facility.
“As a matter of fact, before I came here, I was speaking with one of those companies that have benefitted from our intervention. A good example is Starzs Group. They said they are very happy with what NCDMB has done to help them as a as a company. I know the MD, Iro Ogbeifun, a lady who is doing so fantastically well. That is one of those cases we talk about women empowerment. The company is doing well. Not only them, there are several others we are working with to deepen in-country value addition in the maritime sector.”
The fund which keeps growing is disbursed as a single digit loan businesses use and pay back. “This fund is being managed by the Bank of Industry (BOI). Every now and then, they provide a report to show how it is going.”
On collaboration with other agencies, Mr Ajimijaye said part of NCDMB’s mandate is to collaborate with NIMASA to deepen local content through the Nigerian Content plan which should be enshrined into every contract arrangement.
“You have to state what Nigerian Content plan you have now and what you plan to do. Even with manning vessels, you have to show what you have currently and how you want Nigerians to understudy foreigners and possibly integrate them into the system.”
“There is what we call the baseline census for the marine services sector. What this means is that for the companies which are into marine services in the oil and gas sector, we want to do a census, a survey. What is the capacity, the capabilities? How many vessels do they have? Who are the Nigerians there? Who are the foreigners there? What are they doing and what are their challenges? When we analyse the data, we do what we call a gap analysis and have a clear data-driven scenario and recommend to government ways to bridge gaps.”
“We also recognize our partners – NIMASA, NIWA, various other institutions and industry players to collaborate to solve the problems.”
For instance, he explained, what NCDMB calls the Nigerian Content intervention fund is based on a study carried out to realize that people have financial challenges.”
The fund is given to a development bank to help NCDMB administer instead of leaving the money in the Central Bank.
On reducing joblessness among trained seafarers, the NCDMB boss explained that his agency’s intervention is a continuous process.
“For some of them, we do the training and try to source seatime places for them. It is a very big challenge to engage them on vessels for seatime experience. They have the training, certification and exposure. It’s been very fantastic but the problem is the size of the industry. Right now, you can’t take everybody. Entering the programme has always been very competitive. For those who have participated, you can rarely find anyone who has gone through that internship training roaming the streets. It’s only those who have not had the opportunity to have the exposure. The cadet internship training programme is a continuous process. Apart from cadets, we have training for marine surveyors. We give them scholarship. Thereafter, they’re expected to launch out into the world.”
NCDMB recommends that after training, the cadets are not expected to wait for the agency to engage them because it does not have the jobs.
“We are not a maritime company. We’re just to build and launch you to find work anywhere in the world.”
Engr Elsie Egwuatu, Head of Marine, NIWA, Lagos Office.
In a presentation, the National Inland Waterways Authority (NIWA), the statutory regulator of the inland waterways, outlined her critical role in promoting maritime logistics and the sustainability of the ocean economy by making operations on inland waterways safe and seamless. Represented by Engr Elsie Egwuatu, Head of Marine, NIWA, Lagos Office, the
agency dwelt on critical areas of concern currently including maritime accidents and safety, delays, disruptions and navigational challenges which are being tackled headlong with huge assistance from the Minister of Marine and Blue Economy, HE Adegboyega Oyetola.
NIWA, she stated, has also ensured the development of indigenous technical and managerial skills to meet the challenges of modern inland waterways transportation.
In her welcome address earlier, the Chair, Zoe Maritime Resources Ltd, Barr (Mrs) Oritsematosan Edodo-Emore said that as a coastal nation, it is important for Nigeria to harness ocean resources and develop her economy in a manner that sustains her teeming population while eradicating poverty in the land. Maritime logistics, she observed, is an acute driver of the ocean economy.
“In this digital age, it is important to evaluate how logistics is affecting the development of the ocean economy. What are our obligations in maritime logistics? What are the opportunities and how can these be harnessed to uplift the Nigerian populace and, by extension, develop the African continent?”
Other participants in the panel discussion included the representative of Oluwadamilola Emmanuel, General Manager, Lagos Waterways Authority (LASWA), the Nigerian Navy and Mrs Ruth Ikem Chukwukezirim, CEO, Global Energy and Logistics.
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.
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.
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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Maritime Agencies2 weeks agoSeme Customs Arrests 2, Intercepts Explosives, Expired Noodles As Command’s Revenue Hits N19.8bn.
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Maritime Agencies3 weeks agoCGC Restates Position on Illicit Arms, Unveils Intercepted Weapons and Drugs Worth N373m
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Maritime Agencies3 weeks agoNAGAFF Tasks Bonded Terminals To Suspend All Illegal Fees Collections, Refund N178m.
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Maritime Agencies2 weeks agoFOU Zone ‘A’ Customs Recovers over N729m Revenue, Intercepts Smuggled Goods Worth N3.24bn.
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Maritime Agencies3 weeks agoKey Industry Stakeholders To Focus on Ports Competitiveness as MARAN Hosts MAMAL.
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Maritime Agencies2 weeks agoNAGAFF Petitions IGP On Alleged Police Extortion, Harassment At Sea Ports.
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Maritime Agencies2 weeks agoNIWA, Private Agency Target Pollution Elimination, Job Creation To Clean Lagos Waterways.
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Maritime Agencies1 week agoCOUNTDOWN TO 2027 ELECTIONS: Customs Hands Over 399 Seized Rifles To NCCSALW .