Headlines

After false start, Nigerian fleet committee submits report to Minister of transportation.

—–as stakeholders sceptical about implementation

The Eyewitness reporter

Despite the initial hiccups that have stalled the early implementation of the national fleet project, the federal government seems to still be pushing ahead with the laudable programme.

The project, muted in 2016, suffered a temporary setback when the Pacific International Line (PIL), a Singaporean consortium that signed a memorandum of understanding (MoU) with the Federal Government to float the shipping line, withdrew its intention to be a partner in the business.

However, despite this initial disappointment, the committee, set up by the federal government to midwife the implementation of the national project and headed by Nigerian Shippers’Council, submitted its interim report to the Minister of Transportation, Mu’azu Jaji Sambo, in his office yesterday.

Receiving the report at the Ministry in Abuja, the Minister stated that, “Nigeria is a maritime country and if Nigeria gets its acts together, the country will have no business looking for money from the oil sector as a contribution to the GDP of the country.”

Speaking on how the project can be immediately realized, he said:

“I don’t know whether, in the course of the Committee’s consultations with other Stakeholders, you were able to have some conversations with the Nigerian National Petroleum Corporation (NNPC) because, If NNPC, can give 100 % support, this matter can be closed in two months,”

Earlier, the Executive Secretary, Nigerian Shippers’ Council,and Chairman, Nigerian Fleet Implementation Committee (NFIC), Emmanuel Jime, said the Committee was constituted by the immediate past Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, to implement the recommendations in the report by an earlier Ministerial Committee on Modalities for the Establishment of a Nigerian Fleet.

Jime who was represented by Managing Director, Sea Transport Group and member, NFIC, Umar Aminu, stated that the initiative was a way of responding to the non-participation of Nigerians in the carriage of Nigeria’s international cargo as well as the loss of freight revenue, jobs and other benefits which would otherwise have accrued to the country.

He also said: “In the course of carrying out the mandate, lessons have been learnt and some modest achievements have been recorded. These have been captured in this interim report which we are submitting today. The work is still ongoing and the goal of creating an enabling environment for the growth of a sustainable Nigerian fleet will be achieved in due course”.

Continuing, Jime noted: “There were challenges that impeded the quick realization of the project as earlier envisaged. Shipping is international and competitive in nature and Nigeria cannot operate in isolation, hence the need for the operating environment to be similar to what obtains elsewhere.

“This has been a major challenge to the growth of the sector in Nigeria. Review of certain trade policies, access to funds and technical/human capacity are issues that need to be resolved”.

It could, however, be recalled that in 2016, the federal government signed a Joint Venture (JV) partnership with PIL, on a shareholding of 60:40 for the establishment of the national shipping line.

The 60 per cent equity share was to be held by a group of indigenous shipping firms that are yet to be selected, while the remaining 40 per cent shares go to the foreign firm.

In 2018, two years after the MoU was signed, the Singaporean company withdrew from the deal, apparently because of the failure of Nigeria to bring to the table its own counterpart funding of 60 per cent.

The erstwhile Minister of Transportation, Rotimi Amaechi, blamed the PIL withdrawal on the failure of the indigenous ship owners to contribute their own share of the counterpart funding.

Stakeholders are however curious about how the new Minister will resuscitate the botched joint venture with the PIL or any other foreign investors, some of who have complained about the unfavourable business environment in the country.

Specifically, Engineer Greg Ogbeifun, one of the foremost indigenous ship owners, revealed that the PIL pulled out because the Nigerian Fiscal Policy on the importation of vessels does not make the establishment of a shipping fleet competitive in global trade.

He listed other unfavourable fiscal policies including tax laws, tonnage tax laws, and other laws that affect international shipping, but said that a recent study conducted by local shipping firms, shows that, unlike Nigeria, most countries first declare zero duty on the importation of vessel to encourage shipping business.

“The duty payable on an average, if you are bringing in a vessel, is about 14 per cent of the value of that vessel.

” So, if you bring in a vessel of $80 million, a crude oil tanker, you will be expected to pay $80 million and then in Nigeria’s port, you have to pay 14 per cent of that value to enable you to import it,” he explained.

He noted that PIL said in their writing that Nigeria must review the fiscal policy if they must continue in the partnership because the commercial terms for carrying cargo will be cheaper for a country with zero duty compared with Nigeria with 14 per cent duty.

Industry watchers however wondered the type of magic the new Minister will perform to change the narrative given the fact that he has barely seven months in office.

“The Minister may not do much to change the narrative before he leaves given his short stay in the office.

“He has between now and December to do any serious work, because, by January 2023, the electioneering campaign will start.

“And we all know that during that period, serious government work takes the back seat.

“So, tell me, what magic can he perform between now and December, barely four months?

“His good intentions on the national fleet, disbursement of the controversial CVFF and reactivation of the Eastern ports may, unfortunately, remain an illusion which may not be realised before he leaves,” a critical stakeholder told our reporter.

Related Topics:featured National fleet project

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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.

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.