Headlines

NPA laments pressure of making remittances to federation account as limiting factor to fund port infrastructure

Bello-Koko, NPA MD

—–pledges to drive Nigeria’s quest for Africa’s maritime hub.

Eyewitness reporter

The Nigeria Ports Authority (NPA) has lamented the huge burden to meet remittances into the federation account as a factor that has limited its ability and capability to fund the reconstruction of some of the decaying port Infrastructure.

Making this observation at the just concluded retreat for the reconstituted Board of Directors of the NPA, Mohammed Bello-Koko, the Acting Managing Director of the agency, said the NPA has to think outside the box to source for alternative funding to meet some of the exigencies of port operations.

He said the agency is faced with monumental decaying port Infrastructure that needed to be fixed but limited with the paucity of funds.

“We are facing decaying port infrastructure, for example, sections of the quay aprons or walls at Tin Can Island Port, Onne, Delta and Calabar ports are collapsing and require huge funds to repair them.

” With the increasing pressure to remit more revenue to the Consolidated Revenue Fund (CRF) of the Federation, it has become very difficult to have sufficient funds to attend to these decaying facilities, hence the need to explore alternative funding sources outside the traditional port service offerings” he stated.

According to him, “unlike the practice in our sister francophone countries where government funds dredging of ports, we are responsible for funding ours which put a lot of strain on our resources and capacity to invest in critical port infrastructure”

Meanwhile, the Nigerian Ports Authority (NPA), has reiterated its determination to leverage Nigeria’s status as Africa’s biggest economy to actualize the country’s maritime hub status in the region.

The Acting Managing Director said this feat would be achieved through investments in modern deep seaports that would attract very large merchant vessels with the attendant multiple socio-economic benefits, as well as boost port revenue performance.

Speaking on the new direction and measures being put in place to actualize the Authority’s aspirations, Bello- Koko explained that a lot has been done, especially in the last few months, to resolve most of the identified constraints to the efficient movement of cargoes to and from port locations.

“Nigeria accounts for about 70 percent of cargoes imported into West and Central Africa and the country controls an impressive stretch of the Atlantic Ocean.

” Nigeria’s rich aquatic endowments and her border with landlocked nations make the development of deep seaports a huge potential revenue earner for the nation.

“The move towards earning the status of the

Emmanuel Adisoye

hub in the region is in line with our new vision statement which was adopted at the recent NPA Management retreat, “To Be The Maritime Logistics Hub For Sustainable Port System In Africa”, he said.

While describing the board retreat as very timely, he stated that it signposts a unity of purpose and shared vision, where the executive management working closely with every section, unit, department, division and directorate, embrace an all-inclusive strategic outcomes for the Authority with the requisite buy-in of the Board.

“In appreciation of this, I will like to crave the understanding of the Board with regards to executive management’s limitations in actualizing some of our goals and objectives, which I am sure distinguished board members must have noticed in the course of the tour of ports that preceded this retreat” he added.

The acting NPA Boss informed the Board that recent interventions made by the Authority has led to significant improvement in terms of ship and cargo dwell time at the port.

He however, explained that “some of the benchmarks we are yet to achieve are dependent on externalities and variables that require concerted inter-agency actions, which the Authority, despite dogged efforts, is yet to optimally achieve owing to systemic administrative constraints and red tapism.

This he said, include conflicting directives from the agencies operating within the port value chain and reporting to different supervising Ministries with jurisdictional overlaps and duplication of functions.

He further informed the board that concerted efforts are being made to expand the revenue streams of the Authority, in addition to revenue from traditional port operations.

The NPA acting Managing Director disclosed that the Authority’s Management has began to explore smart ways to boost the revenue performance of the organization.

He explained that the Authority is blessed with prime real estate which could serve as alternative funding sources outside the regular budget.

“NPA has a lot of high value landed properties in Onne, Snake Island, and Takwa Bay that are designated free trade zones and mostly allocated but with poor arterial road network and other infrastructure to make them attractive for private investments which would bring good revenue to the Authority and Federal Government.

“Management will need the support of the Board to drive the process of alternative revenue sources to actualize the lofty aspirations of the Authority” he posited.

He further said that the management has opened correspondences with some multilateral financial institutions like the French Development Agency (AFD), African Development Bank (AfDB), European Investment Bank (EIB) and Sanlam Infraworks (a Central Bank of Nigeria approved fund manager for InfraCorp), all part of plans to access long term low interest credit, for port infrastructure upgrades and expansion.

Bello-Koko also touched on efforts by the management to make Nigerian seaports more business friendly.

In his words, “ we have been able to deploy technology to address the perennial traffic gridlock that has been frustrating the conduct of business around the Lagos ports corridor.

” A software application code named “eto” is gradually restoring sanity to trucking business despite the initial teething problems and resistance by vested interests hitherto profiting from the chaos”

“The Authority has accredited 33 private truck terminals within the Lagos area, in addition to the Lilypond Truck Transit Park and Tin Can Island Port Truck Transit Park, to ensure trucks do not park indiscriminately on the access roads and would only be allowed to transit to the port after obtaining electronic tickets via the “eto” call-up platform”

He discosed that the authority was collaborating with the Lagos State Government to ensure enforcement and compliance with the e-call up system.

According to him, other solutions being implemented is the push to link all seaports to the national rail network as well to optimize the use of the inland waterways through the transfer of cargo or containers via barges.

Currently, the Authority is streamlining barge operations to ensure efficiency, safety and cost effective cargo delivery for increased port revenue.

The acting Managing Director in his remarks equally acknowledged recent steps taken by the Ministry of Transportation and the Authority towards the timely execution of the new green-field deep seaport to be domiciled in Bonny, Rivers State.

The Bonny seaport project, boosted by two major railway projects, would massively transform the economic landscape of the country, particularly the South South and South Eastern regions.

Meanwhile, on the South Western axis is the Lekki Deep Seaport which should be operational next year.

The two port projects will usher a new vista of economic prosperity and further consolidate the country’s status as gateway to the African economy, he noted.

Earlier in his welcome address, Chairman of the Board, Mr.Emmanuel Adesoye, described the retreat as an opportunity for the Board and Management “not just to rethink our strategies, structures and systems for effective service delivery, but also to unwind, reconnect and strengthen our bonds as team players committed to upholding excellence”, he remarked.

The Chairman called for clear and deliberate efforts by the NPA towards efficient operations, competitive and diversified export driven economy; a strong and incentive based system aligned with win-win relationships to enhance profitability and productivity for the concessionaires, NPA, and the Nigerian State; increase in alternative revenue streams; and effective collaboration based on transparency and constant communication with all relevant stakeholders across the port value chain.

The three day event, attended by all board members, attracted seasoned experts in port administration, strategic and creative thinking, stress management, among other relevant subjects.

Two former NPA’s Chief Executives namely Chief Adebayo Sarumi and Mr. Felix Ovbude, gave presentations on their experiences and ideas as port administrators.

Former General Manager Operations, Mr. Joshua Asanga gave a presentation on “Ways To Improve Port Operations Towards A World Class Port Administration”.

The retreat, which was held in Abeokuta, Ogun State, had as it theme “Expanding the Frontiers of Service Excellence”

Headlines

NIWA partners ICPC to strengthen internal transparency in its operations

Gloria Odion, Maritime Reporter

The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational system and enhancing collaboration with key stakeholders as part of efforts to boost efficiency and accountability.

Speaking at a post event Press Conference at NIWA Headquarters Lokoja, the Acting Managing Director, Umar Yusuf Girei, while answering questions from journalists stated that, the organization convened a two -day Executive and Anti-Corruption training with the theme “Strengthening Integrity and Revenue System in Inland Waterways Management” organized for Board Members, Management and Area Managers and also 2026 NIWA Management Retreat in Abuja.

The Acting MD noted as part of the Renewed Hope Agenda of President Bola Ahmed Tinubu,with the support Adegboyega Oyetola, Minister of Marine and Blue Economy, the Authority is focused on aligning institutional goals in ensuring better service delivery to Nigerians.

He further said, as part of its anti-corruption drive, the Management held discussions with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to explore measures for strengthening transparency within its operations.

Girei therefore, assured staff that the ongoing reforms under his watch would translate into improved service and better working conditions.

“NIWA remains committed to continuous improvement and stakeholder engagement and the reforms are expected to enhance both internal performance and public confidence”. he stated.

Headlines

Navy appoints new Maritime Guard Commander for NIMASA

Gloria Odion, Maritime Reporter

The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment of Commodore Reginald Odeodi Adoki as the Commander of the Maritime Guard Command at the Nigerian Maritime Administration and Safety Agency (NIMASA).

Commodore Adoki takes over from Commodore H.C Oriekeze who has been redeployed.

Commodore Adoki, a principal Warfare Officer specializing in communication and intelligence, brings onboard 25 years experience in the Nigerian Navy covering training, staff and operations.

As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada.

It was under his command that NNS Kada under took her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.

He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics.

He has since earned a Masters in International Law and Diplomacy from the University of Lagos and an M.Sc in Terrorism, Security and Policing at University of Leicester, England.

He is currently pursuing a Ph.D in Defence and Security Studies at the National Defence Academy (NDA).

He is a highly decorated officer with several medals for distinguished service.

Welcoming the new MGC Commander to the Agency, the Director General, Dr Dayo Mobereola, expressed confidence in Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.

The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA strengthen operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.

Customs

Customs collects N1.585 trillion from 51 compliant traders under AEO programme

Funso OLOJO, Editor

The Authorized Economic Operator (AEO), one of the trade facilitation tools introduced by the Nigeria Customs Service in 2025, has begun to yield bountiful harvests with the revenue growth of ₦362.79 billion recorded in 2025.

According to the AEO scorecard released by the Service, the facilitation tool grossed the sum of N1.585 trillion after certification, an increase revenue from N1.222 trillion before certification.

This represents the growth of N362.79 billion(29.68 per cent) for 51 AEO – certified entities as at October, 2025.

The Programme, according to the NCS, also contributed 21.77% to its total revenue collection of ₦7.281 trillion in 2025, while customs duties paid rose by 85.66% due to enhanced compliance and increased volumes of legitimate trade.

According to AEO Monitoring and Evaluation (M&E) Report, the Programme achieved an average compliance rate of 85.45 per cent with the highest at 100 per cent and the lowest at 60 per cent.

“The evaluation applied rigorous methodologies to ensure objectivity, transparency, and alignment with the World Customs Organisation (WCO) SAFE Framework of Standards and the provisions of the Nigeria Customs Service Act, 2023.

“In the area of trade facilitation, AEO participation reduced average cargo clearance time from 168 hours to 41 hours, representing a 75.60% time saving.

“Company operating costs declined by 57.2 per cent while demurrage payments dropped by 90 per cent, limiting capital flight to foreign-owned port service providers and strengthening foreign exchange retention.

” Overall trade efficiency improved by 77.11 per through digitalisation, simplified procedures, and targeted risk management” the Customs declared in the AEO scorecard.

However, the Service singled out with Eight companies for commendation due to their integrity and compliance under the programme.

The companies include Coleman Technical Industries Limited, WACOT Rice Limited, ROMSON Oil Field Services Ltd, WACOT Limited, Chi Farms Ltd, CORMART Nigeria Ltd, PZ Cussons Nigeria Plc, Nigerian Bottling Company Limited and MTN Nigeria Communications Plc.

The Service lauded them for a cumulative voluntary remittance of over a billion naira into the Federation Account following their self-initiated transaction review and disclosure.

“These actions reflect the strengthening of post-clearance audit mechanisms and a growing culture of voluntary compliance within the trading community.

Nevertheless, the Service suspended a firm under the programme for its non- compliance and display of lack of integrity.

The suspended firm engaged in false declaration of consignments contrary to programme obligations.

“Consequently, the Comptroller-General of Customs, Bashir Adewale Adeniyi, directed the immediate suspension of the company’s AEO status in accordance with the AEO Guidelines, the WCO SAFE Framework of Standards, and Section 112 of the Nigeria Customs Service Act, 2023.

The NCS reiterated that the AEO Programme is founded on trust, transparency, and continuous compliance.

“While compliant operators will continue to benefit from expedited clearance and reduced inspection, appropriate sanctions will be applied where violations are established.

“The Service remains resolute in safeguarding national revenue, facilitating legitimate trade, and preserving the integrity and global credibility of Nigeria’s AEO framework” the NCS concluded in the report.