Headlines
CBN accuses NPA, Customs of creating bottlenecks for non-oil exports at ports

“We are just lucky to have Nigeria Ports, and Customs here.
“We have heard of people who want to export goods out of Nigeria queuing for months before their goods can go out.
“It is sad that because of the problem of trying to find an easy route for goods to be exported out of the country, Nigerian exporters now prefer to transport by road.
“I even hear some of them transport from Lagos to Accra or Benin Republic, then export goods from there. Doing this, we lose the opportunity of those export proceeds.”
However, Babajide Sanwo-Olu, Lagos state governor, reiterated the call for economic diversification in Nigeria.
He urged the country to shift from overdependence on oil and gas to agricultural produce, solid minerals, chemical products, furniture and clothing as well as tourism, among others.
“We can do a lot to strengthen the naira and our external reserves by focusing on our non-oil exports.
“The RT200 FX Scheme seeks to generate as much as US$200 Billion in FX earnings, specifically from non-oil sources, over the next few years.”
Headlines
NIMASA opens investigation into vessels collision accident at Bonny anchorage as five crew members sustain injuries

Funso OLOJO, Editor
The accident which occurred on May 20th, 2026, has triggered a flurry of activities, has resulted in an oil spill in the affected area.
Following the collision, MT Lady Martina drifted ashore and is currently aground along the Bonny Channel, while MV Valparaiso remains grounded at the Bonny Inner Anchorage pending damage assessment and further investigation.
The management of MAERSK has officially reported the incident to the Agency.
In addition, NIMASA has established a Situation Monitoring Room to coordinate response efforts and monitor developments arising from the incident.
Dr. Mobereola, who was personally on ground in Rivers State to inaugurate the situation room, also directed the Agency’s Marine Environment Management Department to immediately commence an Environmental Impact Assessment (EIA) of the affected area, while taking necessary steps to mitigate the impact of the Tier 1 oil sheen and protect the marine environment.
NIMASA promised to update the public with the outcome of the investigation into the incident.
Headlines
NIMASA deepens maritime security as 492 Deep Blue personnel graduate in tactical training.


Headlines
WHO honors NFVCB over tobacco control in entertainment industry

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