Headlines

Why we can’t drydock our vessels in Nigeria—- NLNG

Nigerian Liquefied Natural Gas(NLNG) company has said lack of capacity and availability of requisite drydocking facilities in Nigeria has made the company take its vessels abroad for drydocking at huge foreign exchange.

The company was established in 1989 as a joint venture.

This has resulted in the loss of several billions of naira to capital flight as a result of this development.

Making this disclosure in Lagos at the weekend was Abdul-Kadri Ahmed, the Managing Director of NLNG Ship Management Limited (NSML),

the vessel management company of NLNG.

He disclosed that none of the dockyards available in Nigeria can dry dock any of her LNG vessels.

Ahmed stated that his company would have wanted to dry-dock its 11 LNG vessels and one LPG vessel in Nigeria due to the huge revenue such would generate for the country but lamented there is no such dry-docking facility that can handle an LNG vessel in the country.

This, he said, has compelled the company to dry-dock her vessels outside the country.

“Yes, capital flight is an issue when it comes to dry docking of our LNG vessels. However, underpinning that issue of capital flight is the capacity and ability to do it here in Nigeria.

“As a Nigerian ship management company, it’s so much easier for me to dry-dock our vessels here in Nigeria, that is if there is anywhere I can do it but, at the moment, there is no facility in Nigeria that can dry-dock vessels of the sizes that we manage.

“I don’t want to sound critical but realistic, there is currently no facility in Nigeria that can handle any of our LNG vessels.

“I am not saying there are no dry-docking facilities in Nigeria but, if you understand the nature and size of an LNG vessel, then we will all know that there is nowhere in Nigeria that such vessels can be dry-docked as at today.”

Ahmed however disclosed that the company planned to set up standard dry-docking facilities in the country to put an end to capital flight that is occasioned by dry-docking vessels outside Nigeria.

“But, most importantly, underpinning ability is capacity development, and we have already embarked on that path.

” As part of our Bonny Gas Transport (BGT) Plus Project, there was a scheme to bring in Samsung and Hyundai together with some Nigerian investors to establish a dry-docking facility in Nigeria. Unfortunately, the scheme has not fully taken off, but we are still optimistic.

” We hope that when it fully takes off, it will commence effectively at the right standard.

“We are optimistic that this happens because as a Nigerian company, it is cheaper and more affordable for us to patronize dry-docking facilities in country.

“Unfortunately, at the moment, there is no such facility in the country that can handle our vessels, and this has left us with no other choice than to patronize dry-docking facilities outside the country,” he bemoaned.

According to the guidelines by the International Maritime Organization (IMO), every vessel must undergo dry-docking once every three years in order to retain its safety classification and insurance cover.

It costs between $300,000 and $500,000 to dry-dock a vessel, according to prevailing international rates.

Dockyards in Nigeria include Niger Dock, Dormanlong, Kaztec Engineering, Naval Dock among others.

They were established to conserve foreign exchange, building indigenous capacity as well as promoting technological advancement in the nation.

But unfortunately, none can handle the size of NLNG vessels.

Nigeria, through the Nigeria National Petroleum Corporation(NNPC), owns 49 percent, Shell Gas B.V owns 25.6 percent, Total LNG Nigeria Limited owns 15 percent while Eni International owns 10.4 percent.

Customs

Customs complies with ministry’s directive, seeks alternative funding of its services after suspension of 4 percent FOB levy

Funso OLOJO

The Nigeria Customs Service has said it was engaging the Federal ministry of Finance, its supervisory ministry, to seek guidance on alternative measures following the suspension of the 4 percent Free-on- Board (FOB) to ensure continuity of its services to Stakeholders

It could be recalled that the Finance ministry gave a marching order to NCS to halt the implementation of the controversial 4 percent FOB levy on imports.

However,acknowledging the receipt of the suspension order from the Finance ministry, the Customs, through a public statement, said it appreciates the Ministry’s engagement on this matter and remains committed to supporting government fiscal policies.

“The NCS remains optimistic about ongoing discussions with the Federal Ministry of Finance and other relevant stakeholders to address the concerns raised while ensuring that the Service’s statutory obligations are met effectively.

” We look forward to constructive engagement that will ultimately serve the best interests of the Federal Republic of Nigeria, enhance revenue generation, and support the nation’s economic growth objectives through efficient customs administration.

“It is also necessary to draw attention to ongoing media reports suggesting that the Service introduced the 4% FOB only recently.

“For clarity, the Service wishes to emphasise that the National Assembly established the 4% FOB provision through Section 18(1)(a) of the Nigeria Customs Service Act, 2023, which stipulates “not less than 4% of the free-on-board value of imports according to international best practices” as a statutory funding mechanism for the Service’s operations.

“The Service assures all stakeholders, including the trading public, licensed customs agents, and international partners, that our operations will continue without any disruption.

” We remain firmly committed to delivering efficient service, upholding international best practices and supporting Nigeria’s economic growth through effective revenue collection and enhanced trade facilitation” the statement concluded.

Customs

FG orders Customs to suspend collection of 4 percent FOB levy

Funso OLOJO

For the second time, the collection of controversial 4 percent Free-on- Board(FOB) Levy on imported goods have been suspended.

This time, it was the Federal government through the Ministry of Finance, the supervising Ministry of the Nigeria Customs Service that ordered the suspension.

In a memo dated September 15th, 2025 and signed on behalf of the Minister of Finance by one R.O Omachi, the Permanent Secretary, Special Duties and addressed to the Comptroller- General of Customs, Adewale Adeniyi, the government stated that extensive consultations with industry stakeholders and trade experts have revealed that the 4% FOB charge poses significant challenges to the Nigerian trade facilitation environment and economic stability.

The letter reads, “Pursuant to the powers vested upon the Honourable Minister of Finance and the Coordinating Minister of the Economy under Part Ill, Section 12 of the Nigeria Customs Service Act 2023 as the Chairman of the Board of Nigeri a Customs Services, I write to direct the immediate suspension of the implementation of the collection of 4% Free on Board (FOB) recently levied
by the Nigeria Customs Service on all imported goods.“Following extensive consultations with industry stakeholders. trade experts, and relevant government officiais, it has become clear that the implementation of the 4% FOB charge poses significant challenges to the Nigerian trade facil tation, environment and economic stability.

“Many importers and businesses have raised concerns about the increased financial burden this levy imposes, with potential adverse effects on inflation, trade competitiveness, and the overall business Climate in Nigeria.

“This suspension will provide an opportunity for comprehensive stakeholder engagement and & thorough review of the levy’s framework and its broader economic implications .

“The Ministry of Finance looks forward to working closely with the Service and all relevant parties to devise a more equitable and efficient revenue structure that susports both revenue generation and economic growth and stability.

“Ensure strict compliance. ‘,the memo concluded.

The first time the controversial Levy was suspended was in February 2025 when it was shortly introduced but the public outcry which greeted the introduction make the Customs management hastily suspended its implementation.

However, the Customs re- introduced the levy on August 4th, 2025.

Meanwhile, the National Spokesman of the Customs, Assistant Comptroller Abdullahi Maiwada denied knowledge of the memo.

‘”I am not aware of such memo.

I am hearing it for the first time ” he declared when asked to react to the document.

The 4 percent FOB Levy is meant to fund Customs’ technological modernization programs, replacing the previous 1% Comprehensive Import Supervision Scheme (CISS) fee.

Customs

Comptroller Anani vows to enforce zero tolerance for smuggling as he takes the mantle of leadership at PTML

Funso OLOJO

The new Customs Area Controller for Ports Terminal Multi services Limited (PTML)Command, Comptroller Joe Anan, has vowed to sustain the momentum of the command, enforce zero tolerance for smuggling and facilitate genuine trade in order to keep the lofty records of the command growing.

He made the pledge while taking the mantle of leadership of the command from the recently promoted ,Assistant Comptroller General,Tenny Mankini Daniyan.

The new Area controller described the command and stakeholders as very well organised and promised to build on the various pioneering feats ACG Daniyan achieved

Comptroller Anani listed the successful roll out and subsequent revenue collection and trade facilitation achievements associated with the Unified Customs Management System, also known as B’Odogwu, as great milestones that must be improved on.

He also called on all customs officers, officials of sister government agencies and private sector stakeholders to join hands with him in the journey to keep the great records of PTML high

Comptroller Anani urged all the stakeholders to stay on the path of compliance as they stand to benefit more from being on the right side of the law at all times.

He also promised to strictly enforce the CGC’s zero tolerance for smuggling

The CAC who promised to be accessible to all, also sought that everyone should feel free to interact with him either directly through visits or virtually.

Comptroller Anani said “While thanking God and the CGC Bashir Adewale Adeniyi, for the opportunity to serve here, let me state that our journey to succeed must remain a collective task. I am not here to do it alone.

“I hereby call on all customs officers, sister government agencies, private sector stakeholders and the press to support me in our goal to sustain PTML as a model port of excellence, known for security, efficiency and diligent trade facilitation.

“I pledge to build and improve on the gains achieved by my predecessors in the area of faster cargo clearance which aligns with Time Release Study (TRS) programme.

“I am aware that this command holds an outstanding record of two hour cargo release time for compliant RoRo consignment.

” The key word here is compliance. With improved compliance and efficient system, we can do less than two hours.

“Compliance, as the key to trade facilitation, is critical for smooth port operations.

“It ensures adherence to regulations, reduces delays, mitigates risks, and fosters trust among trading partners.

” Compliance minimises bottlenecks and enhances efficiency in global trade and PTML cannot be an exception.

” I want to urge all our stakeholders to imbibe the tenets of compliance because it results in a win-win situation for everyone, saving time and money.

” Whereas non compliance leads to interventions, issuance of demand notices, waste of time and possible seizure , detention and arrest.

” Let’s continue to make this area a great example that it has always been.

“The CGC’s zero tolerance for smuggling will be duly enforced on my watch and I am convinced from my background checks that our stakeholders are on the right track.

“Let me use this opportunity to inform you that my office is without a door. I shall be accessible to all physically and virtually in the quest to improve on our duties.

” Feel free to interact with me and avail me all relevant information needed for my success on this assignment” he concluded

Various stakeholders at the command while welcoming the new CAC also commended the ACG Daniyan for his outstanding performance in seeing to the success of B’Odogwu from its pilot phase to full deployments across various commands

They described the ACG’s leadership as outstanding with trail blazing effects on increased trade, revenue ,anti smuggling and robust interaction with stakeholders.

The President of the Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) Otunba Frank Ogunojemite described Daniyan as a man whose records speak volumes positively while urging him to carry his working zeal ahead into NCS management team.

Chairman of the Association of Nigeria Licensed Customs Agents, PTML Chapter, Chief Charles Nwarrienne described Daniyan as an excellent officer deserving to be issued a “certificate of project completion” for diligently achieving the success of B’Odogwu from beginning to a state of consolidation.