Headlines
NIMASA DG, Jamoh, advocates for change in freight terms in oil sector from FOB to CIF
The eyewitness reporter
The NIMASA DG, who was represented by the Agency’s Director of Cabotage Services, Mrs. Rita Uruakpa at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State urged stakeholders to consider a change of trade terms in the Oil and Gas sector from the Free on Board (FOB) to the Cost, Insurance and Freight (CIF) model.
According to Dr. Jamoh, the efforts of the NCDMB at helping in the development of the indigenous maritime sector had not gone unnoticed stating that, ‘We appreciate the efforts of the Nigerian Content Development and Monitoring Board at growing the indigenous maritime sector, such as the proposed Brass Shipyard.
Speaking on opportunities for indigenous businesses in maritime, he said ‘I want to reiterate that we must also create a suitable and sustainable business and investment environment that will afford indigenous operators’ opportunities to participate in the oil & gas industry with a view to accelerating Nigeria’s income for the Oil Industry which in turn will impact our GDP”.
On his part, Mr. Simbi Wabote, Executive Secretary NCDMB, charged firms operating in the sector to prepare themselves adequately, restating that the oil and gas industry is highly technical and does not compromise safety and standards.
In his words, “If someone gives you projects he intends to execute in the next two years; Nigerian companies, having listened to the opportunities, should go back and continue to build their capacities in readiness to actively participate.”
He also challenged relevant agencies to address the worrisome security challenges, particularly oil theft in the Niger Delta, as this would enable the production of hydrocarbons at reasonable costs and profitability.
Headlines
Stakeholders kick against renewal of ETO contract with TTP as NPA reviews agreement
Syndicates and fraudulent truckers have been caught using fake, duplicated, or borrowed license plates to match Eto tickets, a practice that undermined the automated system intended to manage traffic congestion
Truckers often duplicate the plate number of a vehicle with a valid Eto ticket and attached it to an unauthorized truck.
Fraudsters engage in “proxy booking,” where they generated tickets for fake or non-existent trucks and then use those tickets for other vehicles by swapping plate numbers at the gate.
Due to the scarcity of spots,, valid Eto tickets were frequently resold at inflated prices (up to ₦450,000 against a ₦21,000 official rate), with the forged plate numbers used to bypass security checks.
The Nigerian Ports Authority (NPA) intercepted hundreds of fake plate numbers and counterfeit Minimum Safety Standard (MSS) stickers in single raids, particularly around the MPS pre-gate in Apapa.
It was these and other fraudulent acts perpetrated under the management of ETO by the TPP that made stakeholders to advised the NPA not to renew the contract with the company.
“Renewal of the TPP contract will be a monumental error by the NPA because the company used the system to extort and overburdened the truckers.
A more competent company should be engaged to drive the process” one of the truckers union executives told our reporter.
However, the NPA has reaffirmed its dedication to a “congestion-free” port environment and is actively assessing the performance of the Eto system.
The agency emphasized that the electronic call-up is now a cornerstone of their digital agenda, aimed at increasing transparency and minimizing human interaction.
The review process is ongoing, with significant pressure from stakeholders to either continue with the current system (with improvements) or seek a new, more efficient solution to maintain sanity on the Apapa and Tin Can Island port access road
But the Authority has assured port users and industry stakeholders that there will be no disruption to operations as it reviews the expired agreement governing the Electronic Truck Call-Up System (ETO)
The contract between the NPA and Truck Transit Park Ltd (TTP), which manages the ETO platform, reached its term at the end of February and is currently under review.
Nevertheless ,the Authority has moved swiftly to calm concerns, emphasizing that port efficiency and seamless cargo movement remain top priorities.
In a statement, the NPA’s General Manager, Corporate Communications, Ikechukwu Onyemekara, said there are clear provisions within the expired agreement to guarantee operational stability.
“There are options under the expired agreement to be adopted to ensure that necessary arrangements are in place for business continuity by the parties that would ensure that operations are not disrupted in any way,” Onyemekara said.
He described the review as a routine administrative process consistent with global best practices, noting that the Authority is committed to safeguarding the gains recorded since the introduction of the digital call-up system.
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