Headlines

World Bank rates Nigeria’s port concession best in Africa

Bello-Koko, NPA MD

—–as Bello- Koko says 25- year port master plan back on track

Eyewitness reporter

The port concession model of the Federal Government that was rolled out in 2006, has been adjudged the best in Africa.

This claim was made by a team of experts from the World Bank, Nigeria Office who was on a working visit to the Nigerian Ports Authority’s head office, on Thursday.

Reacting to the Bank’s positive assessment during his meeting with World Bank and International Finance Corporation (IFC) officials, Managing Director of Nigerian Ports Authority, Mohammed Bello Koko, stated that the port concession exercise has clearly enhanced Nigeria’s goal of becoming the leading blue economy in Africa.

He added that his administration’s focus is to facilitate port-led industrialization in the country through infrastructural renewal and deployment of modern technology tools.

The NPA helmsman told the delegation from the World Bank Nigeria Office led by Olatunji Ahmed and Christian Mulamula, Principal Investment Officer – Infrastructure (IFC), that the Authority duly appreciates the excellent support provided by the World Bank under its private participation in infrastructure (PPI) scheme.

“We at NPA fully appreciate that efficient port operations will enable our government and businesses to provide services that are affordable and sustainable, leading to reduced poverty and inequality.

He urged the bank to sustain the support and synergy especially now that the Authority is in search of alternative funding sources to bridge its infrastructure gaps.

“We look forward to better collaboration with the bank in the development of more mega or deep-sea ports across the country with world-class facilities, high quality and efficient operating system, like the Lekki Deep Seaport is now our priority”, he declared.

Bello-Koko further declared “with the quality of attention being paid by the Federal Government to port infrastructure renewal, we are very confident that moving goods to and from Nigerian ports would soon be top of the range, cost-efficient and comparable with the leading ports of the world.

” We have made remarkable progress tackling the intractable traffic gridlock on the port access roads with the deployment of an electronic call-up system for trucks, called “Eto”.

“There is room for improvement, the Apapa axis is good but on the Tin-Can axis, we’re calling for a quick fix before the rains”, he appealed.

The NPA MD informed the World Bank team that the 25 -Year Port Master-plan, which had earlier suffered some hitches, is now back on course, stressing that the Authority will work collaboratively with the Bank in the operationalization of the port master-plan.

Earlier in his remarks, Ahmed, a Senior Transport Specialist with the Bank, assured his host that the World Bank Group would continue to partner with Nigeria and other interested countries to develop transport infrastructure and services that are safe, green, efficient and inclusive.

He stated that the Bank is happy to partner with the Authority over the years and intends to continue to provide assistance to the Authority in the journey towards becoming the preferred destination of cargo in Africa.

The World Bank and IFC delegation expressed both organizations’ willingness to work with NPA in the improvement of port infrastructure under a public-private partnership arrangement between the Authority and other third parties.

They equally requested a project tracker report on the actions and milestones recorded in the port concession programme so far.

Ahmed also informed his host that his Office would assist the Authority in its review of the concession agreements with terminal operators: including governance; pricing; operations; transit/exit from the port; traffic management and other key issues, as outlined in the concession framework.

Mulamula disclosed that the IFC (a member of the World Bank Group), is set to make an investment in the Lekki Deep Seaport, just as it is willing to support the Terminal Operators upgrade their facilities and equipment.

He further said that the IFC plans to invest funds for the rehabilitation of the Tin-Can Island Port as private participation in infrastructure (PPI) project.

In a related development, the NPA MD along with members of the Management team met with the officials of Bollore Transport and Logistics Nigeria (formerly SDV Nigeria) led by its Managing Director, Folashade Akanni-Shelle.

The delegation from Bollore spoke about their company’s desire to expand its logistics facilities across the country, to boost its market share and service offerings in areas like customs releases, warehousing and door-to-door delivery to clients.

Akanni-Shelle explained that her organization remains a major operator in transport and logistics across the continent.

“We hope to sustain the cordial business relations we have established with the NPA for the benefit of the Nigerian economy”, she said.

Bello Koko assured Bollore of the NPA’s commitment to work closely with all its local and international partners.

He charged Bollore to identify likely locations suitable to set up such logistics bases, in particular at the Eastern Ports where such facilities are currently less available.

Headlines

Tompolo pays glowing tribute to Wike on his 58th birthday.

Funso OLOJO

High Chief Government Oweizide Ekpemupolo, popularly known as Tompolo, has eulogised the uncommon courage, resilience and unwavering sense of duty of Barrister Nyesom Wike, the Minister of Federal Capital Territory(FCT), describing these attributes as those that align with the Tantita’s objectives and work ethic.

Tompolo, the Chairman of Tantita Security Services Nigeria Limited, make this observation in his message to Wike on his 58th birthday, where he paid a glowing tribute to the FCT Minister.

According to him, Wike’s public life is a reflection of courage, conviction and an unwavering sense of duty.

Tompolo said Wike’s journey through public service—marked by legal brilliance, political audacity and firm decision-making—has consistently demonstrated that true leadership is defined by impact, not rhetoric.

He noted that from Wike’s formative years in public administration through his tenure as Governor of Rivers State and now as FCT Minister, his performance has remained anchored on results, resilience and a relentless commitment to public good.

“In the Federal Capital Territory, your presence is already being massively felt.

” The renewed focus on infrastructure, order, and accountability speaks to a hands-on leadership style that understands Abuja’s symbolic and practical importance to Nigeria’s unity and governance,” Tompolo said.

The TSSNL founder commended Wike for recognising the intrinsic connection between security, development and national stability, stressing that the minister’s insistence on law, order and institutional discipline aligns strongly with Tantita’s mission of protecting critical assets and fostering a safe environment for sustainable growth.

He added that Wike’s reputation as “Mr. Project” was well-earned, given his consistent record of performance and the courage to take difficult decisions when duty demanded it.

“In moments that demand firmness, you have chosen responsibility over convenience, standing by your convictions even when the path was difficult,” he said.

Tompolo prayed for renewed strength, sharper vision and continued success for the minister as he marks another year, expressing confidence that Wike’s service would continue to leave a lasting imprint on national development.

“Please accept my sincere best wishes for good health, wisdom, and continued success. May the years ahead bring fulfilment and further contributions to the progress and unity of Nigeria,” he added.

Headlines

Nigeria denies ownership of detained vessel

VLCC SKIPPER

Funso OLOJO

The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has clarified the status of a tanker vessel, MT SKIPPER, currently intercepted and detained by the United States Coast Guard(USCG) over alleged oil theft and other transnational crimes.

According to the statement from the Nigeria’s maritime industry apex regulatory agency, the vessel , Very Large Crude Carrier,is not a Nigerian – flagged vessel while its purported owners, Thomarose Global Ventures Limited, are not registered with NIMASA as a shipping company.

“An analysis of the vessel’s movement, monitored through the Agency’s Command, Control, Communication, Computers and Intelligence (C4i) Centre, shows that the vessel was last sighted in Nigerian waters on 1st July 2024.

“After departing Nigerian waters, the vessel continued on its international voyage pattern and was tracked operating in the Arabian Sea (Asia) and later in the Caribbean region, where the U.S. interdiction eventually took place.

“Records indicate that SKIPPER which was formerly owned by Triton Navigation Corp, has undergone multiple name changes over time.

“The Director General of NIMASA, Dr. Dayo Mobereola, reaffirmed the Agency’s commitment to collaborate with all relevant stakeholders, including U.S. authorities, in the ongoing investigations. He emphasized that criminality will not be tolerated in Nigerian waters” NIMASA stated in a public statement.

Headlines

Adeniyi, Akutah, Fakolade, Warredi, Maiwada headline 10th anniversary of seminar for maritime journalists in Lagos

Funso OLOJO

First Mediacon media group, the convener of the annual seminar for maritime journalists, has lined up an array of industry’s stakeholders to sharpen the intellectual capacity of maritime journalists at this year’s workshop.

The annual event, which is the 10th edition this year, holds December 17th, 2025 in Lagos.

According to the organisers of the programme, the cream of the maritime industry have been lined up to engage the industry’s media in intellectual discussions that will deepen the knowledge of its practitioners in digital trade facilitation, regulatory efficiency and the economic reforms.

Key speakers at the event include the Comptroller- General of the Nigeria Customs Service, Adewale Adeniyi, the Executive Secretary of the Nigerian Shippers Council, Barrister Akutah Ukeyima who is expected to deliver the keynote address, Mr Tola Fakolade, Director of the National Single Window, Mr Warredi Eniosuoh, who is expected to chair the event and Deputy Comptroller of Customs and the National Public Relations Officer of the NCS, Abdullahi Maiwada.

Maiwada is expected to deliver a practical training on “Data Analysis for Effective Maritime Reporting”

According to Mr. Sesan Onileimo, CEO of First Mediacon Network Limited and convener of the seminar, “the past decade has proven that accurate, data-driven journalism is vital to the growth of the maritime economy.

“This platform empowers journalists with the tools to properly analyse reforms, interrogate investments and provide the business community with credible information.”

Now in its tenth year, the seminar has become a major business intelligence platform, equipping maritime journalists with the technical insight required to analyse policy decisions, market trends and operational performance within the nation’s blue economy.

Over the years, it has helped strengthen the information value chain that supports investment decisions across ports, logistics, shipping, and inland trade corridors.

This year’s edition comes at a time when Nigeria’s maritime economy is undergoing significant transformation, driven by digitalisation, regulatory restructuring and demand for greater operational transparency.

Marking a decade of consistent impact, the organisers reaffirm their commitment to strengthening the professional capacity of the maritime media, while promoting a more transparent, efficient and investment-friendly maritime environment.