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NBS exposes lack of depth of reforms in maritime industry as it rates sector low in contribution to Nigeria’s GDP

Adegboyega Oyetola, Minister of Marine and Blue Economy
Funso Olojo 
The National Bureau of Statistics(NBS) has exposed the shallow depth of the reforms in the maritime industry, which according to the ratings of the agency, have not yet produced desired results to catapult the sector into its reckoning.
In his latest ranking of the contributions of various sectors to the country’s Gross Domestic Product (GDP) in 2023, the maritime sector was not captured in the data for the assessment.
The NBS, in its data analysis, only mentioned water transport, as the contributor to the country’s GDP.
In the 2023 report, the NBS noted that water transport contributed a mere N12.6 billion which was 0.01% of GDP.
In  Q2 of 2022, the maritime sector as represented by the water transport in the report, contributed a mere N2.4 billion to the GDP out of N45.5 trillion GDP for that period.
Stakeholders believed that this was a reflection of the so-called reform programmes which the newly created Ministry of Marine and Blue Economy prided itself on having initiated in the sector.
They noted that the ministry has not done enough to trigger the necessary transformation in the sector which could lead to the full exploitation of the huge potential in the industry.
The low rating of the sector by the NBS and the below-average performance of the new ministry came amidst the controversial award which was curiously given to the Ministry by the Presidential Enabling Business Environment Council(PEBEC) as the best-performing ministry in driving ease of doing business.
It could be recalled that on June 28th, 2024, the Special Adviser to the President on
Presidential Enabling Business Environment Council (PEBEC) and Investment, Dr. Jumoke Oduwole, at a town hall meeting, pronounced the Ministry of Marine and Blue Economy as the Best Performing Ministry in the delivery of the reform activities, a claim which stakeholders have roundly condemned and faulted.
Muda Yusuf, the CEO of Centre for the Promotion of Private Enterprises (CPPE), has bemoaned the lightweight performance of the maritime industry despite its huge potential.
The former Director-General of Lagos Chamber of Commerce and Industry, however, condemned the underreporting of the maritime sector by the NBS.
Some stakeholders have however attributed the non-recognition of the capacity of the sector by the NBS to the gross failure of the newly created Ministry of Marine and Blue Economy.
Meanwhile, Dr. Yusuf, who was the lead speaker at the breakfast meeting convened by the Maritime Reporters Association of Nigeria(MARAN) in Lagos, believed that the maritime industry has contributed far more than what was reported by the NBS.
“There is evidently a gross under-reporting of the activities of the maritime sector by the National Bureau of Statistics.
“For instance, in the Q2 GDP report, the maritime sector (water transport) was said to have contributed a mere 2.4bn Naira to the GDP out of N45.5trn GDP for the quarter.
“This is a contribution of a mere 0.01 percent. In the first quarter of 2022, the NBS recorded 0 percent contribution of the sector to GDP.
“In the GDP numbers, water transport is the only proxy closest to maritime. But maritime sector activities are beyond water transportation.” Dr Yusuf observed.
However, while delivering a paper at the breakfast meeting with the theme: Trade Facilitation and President Tinubu Economic Agenda: Matters Arising, the CPPE boss frowned at the lack of recognition of the maritime industry’s contributions to the GDP.
“As a country, we are yet to appreciate the full significance of trade and the international trade ecosystem as leverage for economic transformation.
 “This perhaps is why trade issues have not attracted the level of attention commensurate to their contribution to the economy.
 “The trade sector accounts for 16% of our GDP in 2023 which amounts to over N27 trillion.
” But this data reflects largely domestic trade – that is wholesale and retail trade.
“The contribution of international trade and the entire ecosystem is yet to be adequately captured in our GDP data.
 “This is what the maritime sector or the blue economy represents.
 “I am hoping that as the GDP is rebased, this grave shortcoming in our economic data will be corrected.
“What we have in the NBS data is water transport.
 “But the maritime sector or blue economy is beyond just water transportation.
“Water transport for instance contributed a mere N12.6 billion in 2023, which was 0.01% of GDP.
 “This certainly cannot be what the maritime sector contributed in the whole of 2023.
” And this has been the trend over the years.
“The maritime sector handles over 95% of our international merchandise trade.
 “The value of trade in 2023 was N71.9 trillion in 2023, with import accounting for N36 trillion and export accounting for another N36 trillion.
 Stakeholders have therefore tasked the Minister of Marine and Blue Economy, Gboyega Oyetola to go beyond rhetoric but stimulate the sector to enable it to leverage the enormous resources in the industry for maximum growth.
“What impact has the new ministry made barely 11 months after its creation and the resumption of duties by Adegboyega Oyetola as the minister that will justify the pyrrhic award by PEBEC? , a concerned maritime operator queried.
Oyetola was first appointed as the Minister of Transportation on 16th August 2023 but redeployed four days later to head the newly created Ministry of Marine and Blue Economy.
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NRC grants Lagos Government permanent approval to operate Red Line rail services

Funso OLOJO, Editor

The Nigerian Railway Corporation (NRC) has granted final approval to the Lagos State Government to operate two of its rail tracks under the Track Sharing Agreement, paving the way for the full operation of the Lagos Rail Mass Transit (LRMT) Red Line project.

The LRMT Red Line commenced passenger operations on October 15, 2024, with morning and evening peak-hour services following its inauguration by President Bola Ahmed Tinubu.

The permanent approval follows the temporary operating approval granted by the NRC in 2025 under the Track Sharing Agreement with the Lagos State Government.

Presenting the Permanent Operating Licence to the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, June 30th, 2026, the Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa, said the approval confers on the Lagos State Government all the rights and obligations contained in the Track Sharing Agreement.

According to him, the licence also empowers the state to operate rail services in line with international best practices.

Opeifa described the milestone as a testament to the mutual trust, cooperation and shared vision that have continued to define the partnership between the NRC and the Lagos State Government.

“Beyond providing access to the tracks, our collaboration has also included the training and capacity development of the Red Line’s operational personnel, demonstrating the immense value of strong institutional partnerships,” he said.

He commended the Lagos State Government for its confidence in the NRC and its sustained commitment to the partnership.

“I also commend the Government for its remarkable investment in public transportation, particularly in the rail subsector, including the acquisition of adequate rolling stock to meet the growing mobility needs of Lagosians,” he added.

The NRC Managing Director noted that the development of modern rail infrastructure requires foresight, substantial capital investment and sustained political will, qualities he said the Lagos State Government has consistently demonstrated.

Opeifa also urged other state governments across the federation to invest in rail infrastructure and services to complement the Federal Government’s efforts to strengthen Nigeria’s railway network.

According to him, expanding rail transportation nationwide would ease congestion on highways, reduce logistics costs, improve passenger mobility, stimulate industrial and commercial activities, and accelerate national economic growth.

He stressed that rail transportation remains the backbone of efficient mass transit systems in major cities around the world.

“Continued investment in rail infrastructure is essential to providing safe, reliable, environmentally sustainable and high-capacity mobility for our growing population, while significantly reducing pressure on our road network,” he said.

Opeifa reaffirmed the NRC’s commitment to fostering productive partnerships that will transform Nigeria’s transport landscape.

“Together, we will continue to build an integrated, efficient, safe and sustainable railway system that serves the aspirations of all Nigerians,” he concluded.

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NPA unveils multi-agency task force to tackle resurgent port access gridlock

Funso OLOJO, Editor

The Nigerian Ports Authority (NPA) has launched a multi-agency task force to combat the resurgence of traffic gridlock choking the Lagos port access roads, in a fresh push to restore seamless cargo evacuation and sustain recent gains in port efficiency.

The intervention followed a stakeholders’ meeting convened by the Managing Director of the NPA, Dr. Abubakar Dantsoho, on June 23rd, 2026, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate the bottlenecks disrupting cargo movement.

At the meeting, stakeholders identified illegal extortion points, overlapping responsibilities among security agencies and other operational distortions as major factors responsible for the renewed congestion along the port corridor.

Speaking on the outcome of the meeting, the NPA’s General Manager, Corporate and Strategic Communications, Mr. Ikechukwu Onyemakara, said the Authority’s overriding priority is to guarantee the unhindered movement of cargo to and from the nation’s seaports.

According to him, the task force comprises the NPA, the Police, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).

“The responsibility of the task force is to monitor truck movement on the port access roads on a regular basis, identify any disruption capable of causing gridlock and immediately resolve such challenges,” Onyemakara said.

He stressed that members of the task force would not establish checkpoints along the corridor but would maintain strategic presence at designated locations to ensure compliance without obstructing traffic.

To enhance rapid response, Onyemakara disclosed that the task force has created a dedicated WhatsApp platform through which members can instantly report infractions or emerging traffic issues for immediate intervention.

On the long-delayed renewal of the Electronic Truck Call-Up (ETO) system contract, the NPA spokesman said the Authority is reviewing the terms to ensure a more robust contractual framework before awarding a fresh agreement.

He explained that although the previous contract had expired, the ETO platform remains operational under the management of the Truck Transit Parks (TTP) pending completion of the procurement process.

He expressed confidence that the renewal would be concluded soon.

Reaffirming the Authority’s commitment to maintaining free-flowing port access roads, Onyemakara said efficient logistics remain central to the NPA’s drive to improve Nigeria’s port competitiveness and preserve its growing international reputation.

“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said.

“If you look at the international recognition we are receiving, including the World Bank report, we are determined to sustain and even surpass the improvements already recorded in our port system.
“You can be assured that we remain fully committed to achieving the best possible performance from our ports.”

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Customs Steps Up Nationwide Green Tax Awareness Ahead of July 1 Rollout

Funso OLOJO, Editor

The Nigeria Customs Service (NCS) has intensified its nationwide sensitisation campaign ahead of the July 1, 2026 implementation of the Green Tax Surcharge and related fiscal adjustments, aimed at promoting environmental sustainability and encouraging the importation of cleaner vehicles.

The awareness campaign, held on Friday July 26th, 2026 at the Apapa Area Command, brought together Customs officers, licensed customs agents, freight forwarders, importers and other key stakeholders under the theme: “Implementation of the Green Tax Surcharge and Related Fiscal Adjustments.”

Representing the Comptroller-General of Customs, Adewale Adeniyi, the Zonal Coordinator, Zone A, Mohammed Babadende, said the exercise was designed to ensure stakeholders fully understand the policy before its implementation.

“This sensitisation is designed to ensure that every stakeholder clearly understands the policy before implementation. Our objective is to eliminate uncertainty, promote voluntary compliance and guarantee uniform application of the Green Tax Surcharge across all commands,” Babadende stated.

Delivering a technical presentation, the Comptroller in charge of Tariff, System Audit and Coordination, Murtala Muazu, explained that the Green Tax Surcharge is different from conventional fiscal measures and would therefore require a separate assessment process.

He disclosed that the Service has simplified implementation through the HS Code declaration platform to facilitate seamless compliance by importers and clearing agents.

Muazu also revealed that the Federal Government has reduced import levies on vehicles from 20 per cent to 10 per cent, while import duty on used vehicles has been slashed from 15 per cent to five per cent to cushion the impact of the new environmental surcharge.

Area Controllers who participated in the sensitisation urged importers, licensed customs agents and the trading public to embrace the initiative, stressing that the reduction in import levies would lower the cost of doing business, promote legitimate trade and ultimately reduce transportation costs.

Stakeholders welcomed the policy but called for sustained public enlightenment to deepen understanding and ensure seamless compliance ahead of the July 1 commencement date.

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