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Kwankwaso condemns non- disbursement Of $350m Cabotage funds

Presidential candidate of the New Nigeria Peoples Party (NNPP), Sen. Musa Kwankwaso
The Eyewitness reporter
The Presidential candidate of the New Nigeria Peoples Party (NNPP), Sen. Musa Kwankwaso, has condemned the non-disbursement of $350million shipping intervention funds, also known as, Cabotage Vessels Finance Fund (CVFF), to shipowners.

Kwankwaso, who spoke in Lagos at a town-hall meeting on the Maritime Agenda for the politician, organised by the Prime Maritime Project ahead of the 2023 general elections, also expressed shock over the government’s failure to refloat the Nigerian National Shipping Line (NNSL), many years after it collapsed.

He, however, said to get the industry on its right footing, he will place the control of the nation’s maritime sector in the hands of stakeholders, if elected president in 2023.

According to him, the traffic congestion in Ijora and the Apapa port city was due to lack of planning for the future, saying the menace of gridlock from articulated vehicles in 21st Century Nigeria “goes to show that we rarely plan for the future.

“So many things have gone wrong with the industry. I can still remember the days of the Nigerian National Shipping Line (NNSL) with its beautiful ships flying Nigeria’s flag across the globe!

Why did it die? Why do we not have a replacement as the giant of Africa? What has become of the Cabotage Vessel Financing Fund (CVFF)?
“Why has it not been disbursed to the beneficiaries? From my little knowledge of the sector, a lot of questions are begging for answers!”

“In summation, the desired assistance to all importers of goods, manufacturers, including exporters and other ancillary stakeholders associated with port operations and management, will be guaranteed under our party’s regime, by the special grace of God.”

However, “having been here today, I have discovered that more work needs to be done in the sector.

” I am therefore using this forum to solicit your support so that I can emerge winner of the 2023 general election.”

He also condemned the underutilization and over-utilization of the Eastern and Apapa Ports respectively.

He said, “Lagos port system originally designed for a population of fewer than 50 million people in the 1950s with less than 20 million cargo throughput has remained almost the same for over 200 million population in 2022.

“Our government will look into constructing a rail line from both Apapa and Tin Can Island ports to a dry port area outside Lagos, where arrived goods should be domiciled for clearance in order to stop heavy trucks from causing gridlock in Lagos.
“We should also look into the possibility of opening other ports such as Warri, Port Harcourt and Calabar, among others, to decongest the Lagos port.”

Going forward, he requested the stakeholders’ forum to form the nucleus of the group that will design “a workable and actionable maritime sector reform template, which should include clearance of goods arriving at our ports within 72 hours, as done in other countries.”

Kwankwaso, also vowed to place the control of the nation’s maritime sector in the hands of stakeholders, saying “under our watch, maritime professionals will take charge of the maritime sector.”

According to him, “operators of the maritime industry know where it pinches the most and certainly has their insider perspective on how best to revamp the sector.

” We will continue to tap into that insider knowledge to have a better understanding of the challenges so as to continue to fine-tune our proposed policies.

“In the end, we must all agree that this very important sector must be back on its feet and must be given the chance to support the growth and development of our country in the overall interest of our citizens.”

He explained that though the NNPP has a robust economic blueprint, in which maritime and transport logistics are incorporated, his presence was due to his conviction that “maritime is a critical element to the growth, survival and prosperity of Nigeria.

“The maritime industry gave birth to our great party, the NNPP, so my being here is primarily to listen, appreciate and understand the expectations of maritime operators from me and our party should we eventually emerge winners of the 2023 general elections.

“Though I may not have been fully involved in the maritime sector to understand its nitty-gritty, my experience over the years as a former deputy speaker of the House of Representatives, former governor, former minister of defence and a former senator has availed me some basic understanding of the sector, especially some of its challenges.

Earlier, the Chairman of the occasion, Mr. Kunle Folarin, had enumerated the rot in the sector, regretting the incessant changes in the leadership of maritime regulatory agencies and the supervising ministry, which are often headed by appointees that have no knowledge of the industry, which adversely affects its growth.

This was also listed by the Prime Maritime Project, which said the series, which will be availed to all presidential candidates, was meant to extract a social contract from them on their plans and commitment to placing the maritime sector on the front burner as a major economic driver.

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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.
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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.

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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.
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