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Maritime agencies groan under delayed release of 2024 sectoral budget 

Adegboyega Oyetola,Minister of Marine and Blue Economy
-accuse National Assembly of complicity 
— We have passed, released budget— N/A fires back 
—Marine and Blue economy ministry keeps mum 
Funso OLOJO 
The alleged delayed release of the maritime industry sectoral budget has become a subject of speculation and ding-dong affairs between the agencies in the sector and the National Assembly.
Sources close to some of these agencies have claimed that their 2024 sectoral budget has not been released by the National Assembly seven months into the year.
A concerned source close to one of the affected agencies, who pleaded for anonymity for fear of reprisal, confided in our reporter that the 2024 sectoral budget for his agency is yet to be passed and released by the National Assembly, a claim which a source close to the  Assembly has denied.
“This was despite our budget presentation and defence at the twilight of 2023” a source close to one of the affected agencies disclosed.
The source accused the members of the House Committees of the Senate on Marine Transport and the House Committees on Ports and Harbour, Maritime Safety, Education and Administration, Inland Waterways and Shipping Services of complicity in the delayed release of the budget.
The source alleged that due to the refusal of some of the agencies to accede to what he claimed has become a practice of budget padding, their budgets are delayed.
” During last administration, budgets were quickly passed and released because the agencies consented to budget padding”
” For instance, if an agency proposed a budget of N100m, it could be padded with an additional 30 million which would be taken upfront for the budget to be quickly passed and released” the source alleged.
The source however claimed that under the present government, everyone was being cautious as nobody wanted to go to jail.
” Under the present dispensation, nobody wants to go to jail hence the refusal to consent to budget padding which may have resulted in the delay” the source further alleged.
The source further declared that the delayed release of the budget has hampered the operations of these agencies as they could not embark on critical infrastructural and operational projects.
” We are only allowed to spend between 20 percent to 25 percent of the proposed budgets before they are passed”
” And these are used to pay salaries and other overhead costs”
” If you embark on any project outside the discretionary percentage of your budget as critical expenses, you will go to jail, so this has hamstrung the agencies’ Heads from embarking on major operational projects” the source alleged.
However, National Assembly sources who spoke to our reporter on strict instruction for anonymity faulted the claims of the agencies.
” These are a pack of lies” one of the sources countered.
” It is not true that the National Assembly is holding on to the budget of the agencies nor engages in budget padding.
” Which of the agencies are you talking about?
” Is it NPA, NIMASA, Shippers Council , MAN, Oron, or NIWA?
” Their budgets have been passed”, the source claimed, and went on to explain the principles governing budget consideration, passage, and transmission.
“A budget runs a 12-month cycle.
” The recurring expenditures such as salaries and other overhead costs start from January to January.
“But the budget proper doesn’t start in January but from around June to June, each year.
“To take care of exigencies that may disrupt the 12-month cycle period of budget implementation, the National Assembly usually extends the implementation of previous budgets like the 2023 budget, to December.
” When you run a budget late, you cannot shut down the old one completely.
” Constitution allows you to spend existing sub-head up till half of the year.
” I believe their budget is ready.
”The National Assembly extended the implementation of the 2023 budget till December because they have not finished its implementation, so nothing is crippled as they claimed.
” There are certain things that are automatic. The salaries and other overhead costs are automatic.
” It is only new projects they are not allowed to dabble into before the current budget is passed and released.
” This will allow them to complete the existing projects they have been committed to before they undertake new ones”
The highly placed National Assembly source insisted that the sectoral budget of the maritime agencies has been passed and said if they haven’t got them, it was probably because the documents are in the middle of conveyance.
The source claimed that the budget is no longer transmitted directly to the agencies as was the case before but through their parent ministry, which is the Ministry of Marine and Blue Economy which in turn transmits it to the Ministry of Finance where the government will deduct at source 50 percent of the budget before the balance is transmitted to the respective agencies.
” Remember, as contained in the 2024 Finance Act, the Federal government deducts at source 50 percent of the value of budgetary allocations to all the self-funding agencies and parastatals before the balance is remitted”
” Now that the Federal government has taken over the receipt of their money and deducts 50 percent before remittance to them, sometimes it may be delayed before remittance is done to the agencies.
The source said this may have led to their present financial crunch which they should not blame on the National Assembly.
” At no point in time did the agencies have no budgetary allocations.
” If they are complaining about lack of adequate funds, that is a different thing entirely.
” They should not hold the National Assembly responsible for their present financial predicament”
The source accused those peddling the allegation of an attempt to give the National Assembly a bad name.
“What I know and can confirm to you is that their budgets are no longer with the National Assembly.
 According to the source, MAN Oron got its budget about two months ago.
The same thing goes for Nigerian Shippers’Council and NIWA.
” If there is still any other agency which has not received its own, it may probably be with the Ministry of Marine and Blue economy for necessary scrutiny or within the conveyance process”
The source said that the NPA has a peculiar case because the new MD has just resumed and could not be allowed to start spending money without studying the situation he met on the ground.
” Even, the NPA which has a peculiar case cannot complain of budget delay because they got virement.
” Not only that, the period of its budget implementation was extended.
” It was supplemented around February or March 2024 when the agency got additional budgetary allocation”
” National Assembly has no hand in the delay budget release or withholding or inadequate funds they may be facing and I challenge anyone with contrary position” the source declared.
Meanwhile, the efforts of our reporter to get the position of the Ministry of Marine and Blue Economy on the sectoral budget controversy met hostile reactions.
It would be recalled that in December 2023, the Minister of Marine and Blue Economy, Adegboyega Oyetola, presented N10.9billion budget to the joint House committees on Marine Transport and the House of Representatives committees on Ports and Harbour, Maritime Safety, Education and Administration, Inland waterways and Shipping Services.
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Headlines

Marine Platforms hails impact of Cabotage regime on indigenous shipping 

—as NIMASA reiterates its commitment to its implementation

Funso OLOJO, Editor

The Federal Government has reaffirmed its commitment to using Nigeria’s Cabotage regime to deepen indigenous participation in the maritime sector, with the Nigerian Maritime Administration and Safety Agency (NIMASA) declaring the development of local shipping capacity a priority.

The Director-General of NIMASA, Dr. Dayo Mobereola, stated this during an inspection tour of the African Pioneer Lagos, a specialised offshore Diving Support Vessel (DSV) operated by Marine Platforms Limited.

The visit, according to the NIMASA DG, underscored the growing capacity of Nigerian-owned and Nigerian-flagged vessels to undertake highly specialised offshore operations that were traditionally dominated by foreign operators.

The African Pioneer Lagos, with IMO Number 9808613, is a Nigerian-flagged DSV measuring approximately 143 metres in length, with a deadweight of about 8,000 metric tonnes.

The vessel is equipped for specialised deep-water subsea construction, diving, inspection and offshore oil and gas operations.

Mobereola said he was impressed by the vessel’s capabilities, stressing that Nigerian-flagged vessels with such capacity should enjoy priority in the nation’s maritime space.

“I’m quite happy at what I have seen today after the tour of this 8,000 metric tonnes African Pioneer Specialised Vessel.

“A vessel such as this flying the Nigerian flag should have priority over any foreign vessel.

“We are automating the Nigerian Ship Registry to make it more attractive and to ensure that more vessels like this fly the Nigerian flag.”

The NIMASA boss said improving the attractiveness and efficiency of the Nigerian Ship Registry was critical to encouraging more shipowners to register their vessels under the Nigerian flag.

He added that strengthening the Cabotage regime remained central to the Federal Government’s efforts to build indigenous shipping capacity and ensure that Nigerian companies and professionals occupy a greater share of opportunities in the country’s maritime and offshore sectors.

For the Chief Executive Officer of Marine Platforms Limited, Mr. Taofeek Adegbite, the company’s experience demonstrates the impact that the Cabotage regime and Nigerian Content legislation can have on indigenous shipping companies.

Adegbite said Marine Platforms had benefited significantly from the policy since acquiring its first vessel, Mt. African Vision, in 2012.

He said the company was proud to operate its vessels under the Nigerian flag and encouraged other Nigerian shipowners to embrace the Nigerian Ship Registry.

“Since 2012, when we got our very first vessel, ‘Mt. African Vision’, we are happy and proud to say NIMASA’s Cabotage Regime and the Nigerian Content Development and Monitoring Board Act has played a major role in ensuring that our vessels have contracts on a regular basis.

“We have no regret flying the Nigerian flag and I will invite more ship owners to register their flags in the Nigerian Ship Registry.”

Adegbite, however, called for greater attention to the classification and certification of crews operating large and highly specialised vessels.

“At the moment, we would appreciate a classification in such a way that the crew who are operating very big vessels are given special attention so that more very large vessels can fly the Nigerian flag,” he said.

He commended NIMASA for its support, stressing that the African Pioneer Lagos demonstrated that Nigerian companies and maritime professionals possess the technical capacity to operate sophisticated vessels to international standards.

According to him, the continued development of Nigerian-flagged vessels would also create greater opportunities for indigenous maritime manpower and professional development.

Adegbite said Nigeria could learn from countries that had successfully developed specialised niches within the global maritime industry.

He cited the Philippines, which has established a strong global reputation in seafaring, and Norway, renowned for shipbuilding, arguing that Nigeria could equally develop a globally recognised area of maritime specialisation.

He stressed that sustained government policies, effective implementation of the Cabotage regime, access to finance, appropriate regulation and development of maritime manpower would be essential to achieving that objective.

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Headlines

MAMAL 2026: Anishere, Ani demand stronger maritime media, more women in leadership

Gloria Odion, Maritme reporter 

President of the Maritime Arbitrators Association of Nigeria (MAAN), Chief Jean Chiazor Anishere, SAN, and President of the Women’s International Shipping and Trading Association (WISTA) Nigeria, Dr. Odunayo Ani, have called for a stronger and more professional maritime media and greater representation of women in leadership and decision-making positions across Nigeria’s maritime and blue economy sectors.

The two industry leaders made the call at the 4th Annual Maritime Lecture of the Maritime Reporters Association of Nigeria (MARAN), where they stressed that credible journalism and inclusive leadership were critical to ensuring accountability, transparency and sustainable growth in the maritime industry.

Represented at the event by Mrs Oyeyemi Jimi-Salami, Anishere said an informed, independent and professionally grounded maritime press was indispensable to the development of the sector, particularly as Nigeria intensifies efforts to unlock the economic opportunities inherent in the Blue Economy.

She commended MARAN for its sustained engagement with critical maritime issues and what she described as its commitment to responsible reportage.

According to her, the association’s annual lecture had become an important platform for industry stakeholders to interrogate emerging challenges, exchange ideas and seek practical solutions to the problems confronting the maritime sector.

Anishere noted that although sound policies, effective regulation and infrastructure investment were essential to maritime development, these could not deliver the desired results without a knowledgeable media capable of educating the public, scrutinising government policies, promoting transparency and demanding accountability from industry players.

She urged MARAN to continue using its platform to promote professionalism, innovation, accountability and sustainable development in the maritime industry.

“Journalism remains a key pillar of a vibrant maritime sector because it strengthens public confidence, supports informed decision-making and ensures that critical industry issues receive the attention they deserve,” she said.

Meanwhile, Ani called for a fundamental shift in the approach to women’s participation in the maritime industry, arguing that it was no longer sufficient merely to promote inclusion without creating clear pathways for women to attain leadership and decision-making positions.

She said WISTA Nigeria would continue to expand its mentorship, networking, advocacy and leadership development programmes to equip women with the skills, experience and opportunities required to advance in the sector.

Ani challenged government agencies, private-sector operators and other maritime stakeholders to go beyond rhetoric by recruiting, retaining, promoting and sponsoring qualified women, while adopting inclusive workplace policies and setting measurable targets for gender diversity.

She also called for concerted action against discrimination, unequal access to opportunities and unsafe workplace practices which, she said, continued to impede the advancement of women in the maritime industry.

The WISTA Nigeria president further urged male professionals and industry leaders to become active allies in promoting gender equality by mentoring, sponsoring and advocating for women in their organisations.

Ani stressed that women should not be regarded as mere participants in Nigeria’s maritime development but as critical drivers of innovation, leadership and sustainable economic growth.

She argued that providing women with equal opportunities to lead and contribute would not only advance fairness but also strengthen Nigeria’s ability to fully harness the enormous economic potential of its maritime and blue economy.

The speakers’ interventions at the MARAN lecture underscored the growing recognition that Nigeria’s maritime transformation requires not only infrastructure, policy and investment, but also a credible media that can hold the industry to account and a leadership structure that draws fully on the talents of both men and women.

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Commentaries

Blue Economy Engine: Decoding unstoppable rise of Nigeria’s maritime gateways

Monday Discourse with Ibrahim Nasiru

The latest operational data from Nigeria’s maritime sector shows a significant shift in trade capacity that deserves close attention.

In a period where national economic discourse is heavily focused on foreign exchange stability and trade balance, the Nigerian Ports Authority (NPA) recently released its operational performance report for the second quarter of 2026.

The figures indicate clear, measurable progress across our major shipping channels.

Under the current management led by Dr. Abubakar Dantsoho, total cargo throughput at the nation’s seaports grew by 12.3% year-on-year, moving from 31.83 million metric tonnes in the second quarter of 2025 to 35.74 million metric tonnes in Q2 2026.

This growth was closely supported by a 14.4% increase in ocean-going vessel traffic, which recorded 1,201 vessel calls during the three months under review.

These statistics are notable because they reflect actual operational changes rather than mere administrative adjustments.

For decades, Nigerian Ports were held back by slow container clearing times, heavy bureaucratic red tape, and severe traffic congestion around the Lagos Ports.

The current upward trend shows that the ongoing efforts toward Port modernization, including the digital integration of the National Single Window system, are beginning to show results on the ground.

By reducing physical bottlenecks and shortening the time cargo spends at the berths, terminal operations are becoming more reliable for international shipping lines and domestic businesses alike.

A highly encouraging aspect of the Q2 2026 data is the 22% increase recorded in export-related outward cargo.

For an economy that urgently needs to diversify away from absolute reliance on crude oil revenues, this rise in export volumes shows that the policy of establishing dedicated export terminals is functioning as intended.

Local manufacturing concerns, agricultural aggregators, and non-oil exporters are finding it relatively easier to move their goods out to global markets.

Additionally, the emergence of transshipment container traffic—which grew to 29,038 TEUs this quarter from zero in the same period last year—proves that Nigeria is regaining its position as a major logistics transit hub for the West African sub-region.

However, the report also highlights a persistent structural reality that economic planners must continue to address.

Out of the 35.74 million metric tonnes of cargo handled, inward cargo or imports still accounted for the larger share at 56.8%, while outward cargo stood at 41.9%.

While the gap is closing due to the 22% export growth, it reminds us that maritime efficiency must be backed by a strong domestic production base.

The Ports can only serve as efficient gateways; the real value lies in ensuring that what leaves our shores consists of processed, value-added Nigerian goods rather than just raw agricultural products or unrefined solid minerals.

The second-quarter performance numbers show that the maritime sector is currently serving as a stable and productive engine for the nation’s broader economic goals.

It demonstrates that clear policy direction and disciplined institutional management can stabilize critical national infrastructure even during periods of global trade volatility.

As the NPA works to sustain this momentum through the rest of the year, the priority must remain on full automation, eliminating unreceipted costs at the Ports, and strengthening rail connectivity to the hinterland.

By locking in these operational gains, Nigeria is steadily turning its maritime gateways into solid pillars of long-term commercial prosperity.

Chief Ibrahim Nasiru, a public affairs analyst, writes from Abuja 

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