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Deep Seabed Mining: Open vista to economic prosperity for Nigeria

Funso OLOJO 
Since independence, the mainstay of Nigeria’s economy has been oil and gas.
The country has relied so much on oil that any slightest jolt in the industry will reverberate through the country’s economic arteries.
The reason is that Nigeria gets about 90 percent of its revenue from oil.
However, the country has neglected its other vast God-given resources buried beneath the ocean.
More than oil, which is fast losing international appeal due to the emerging alternative to oil, the country’s resources in the deep Seabed are a gold mine waiting to be explored and exploited.
Apart from the surface mining activities going on around the country but which were unfortunately not well harnessed, Nigeria, over the years, paid no attention to seabed mining activities which are even more lucrative than oil exploration.
According to the International Seabed Authority(ISA), an intergovernmental United Nations autonomous body charged with overseeing and regulating seabed mining activities, deep Seabed mining can only take place outside the limit of the nautical jurisdiction of a member state, that is, beyond the outer limit of the continental shelf.
With Nigeria’s 200 nautical continental shelf with the latest addition of 16,300 square kilometers granted by the United Nations Commission on the Limits of Continental Shelf (CLCS), Nigeria has the potential for a great economic boom if these opportunities are exploited.
Good enough, the country is among the 167 – member states of ISA which regulates Seabed mining in the area referred to as common heritage.
But sadly, since Nigeria joined the organisation at inception in November 1994, the country has not exploited the benefits of such membership.
The nonchalant attitude of the country was probably because of the fortunes it gets from oil.
Now that the oil revenue is dwindling, the Nigerian government has suddenly woken up to the realization that there is a new opportunity to grow the economy through the exploration and exploitation of the vast resources in the deep Seabed.
To demonstrate its desire to explore and exploit seabed resources, the federal government through the Ministry of Marine and Blue Economy in conjunction with the Nigerian Maritime Administration and Safety Agency (NIMASA) organized a two-day awareness workshop where it sensitized relevant stakeholders.
From September 18th and 19th 2024, in Abuja, the government rallied the support of relevant stakeholders who brainstormed on the benefits and challenges of seabed mining and how Nigeria could leverage the opportunity to grow its economy.
Stakeholders perspectives:
At the sensitization workshop, stakeholders, drawn from the Ministry of Marine and Blue Economy, NIMASA, who are the hosts, the Nigeria Navy, the Ministry of Mines and Steel Development, Nigeria Boundary Commission, environmentalists and the Academia.
The stakeholders were unanimous in their views that seabed mining is an energiser of the economy and encouraged the Nigerian govenment to take the opportunities it offers.
However, they lamented the long-term neglect of the sector by Nigeria.
Beyond the rhetorics of government representatives, other stakeholders reprimanded the government for its inaction in the International Seabed Authority(ISA) and by extension lack of interest in exploring the vast potential of seabed resources.
Dr Maureen Tamuno, the former Permanent Representative of Nigeria to the ISA, was emotional about the dormant membership of Nigeria in ISA.
According to her, Nigeria has always been an onlooker at the different meetings of the ISA at its headquarters in Kingston, Jamaica.
” At the last ISA meeting in July 2024, Nigeria had the largest entourage among the member states to the event but the people didn’t participate in the proceedings because they didn’t understand the concept and objective of the meeting.
She wanted the Nigerian government to ensure that the country participates fully in the organization in order to enjoy the inherent opportunities.
Abba Nurudeen, the Director of Maritime Boundary at the Nigeria Boundary Commission revealed that Nigeria, though a member of ISA, is yet to get the ISA license that will qualify the country to partake in the exploration and exploitation of resources beneath the belly of the sea.
According to him, the country needs $500,000 as a licensing fee to secure the license and a processing fee of $50,000.
Without these, Nigeria will be a mere onlooker while other contractor countries and companies are busy harvesting the resources that are the common heritage.
Under the ISA laws, only licensed contractors can explore and exploit the deep Seabed resources.
Despite the massive coastal endowment of Nigeria spanning over 892 Km from Badagry to Bakassi, with a total shelf area of about 42,000 km2, including a territorial sea extending from the coastline to a breadth of 12 nautical miles, and the continental shelf extending to about 50 miles which make Nigeria one of the eight countries with a continental shelf that allows for the extension of the country’s Exclusive Economic Zone from 200 miles to a further 150 miles, in addition to 4,000km of inland waterways, Nigeria cannot engage in deep seabed mining because if failed to get contract license for such purpose from ISA.
ISA has entered into 15-year contracts with 21 contractors for the exploration of polymetallic nodules, polymetallic sulphides and cobalt-rich ferromanganese crusts in the international seabed area (the Area).
The explored areas are in the Clarion-Clipperton Zone, the Indian Ocean, the Mid-Atlantic Ridge and the Pacific Ocean.For polymetallic nodules, the entitled exploration area allocated to each contractor is 75,000 square kilometres.

For polymetallic sulphides, the entitled exploration area allocated to each contractor is 10,000 square kilometres and consists of 100 blocks. Each block is no greater than 100 square kilometres.

For cobalt-rich ferromanganese crusts, the entitled exploration area allocated to each contractor is 3,000 square kilometres and consists of 150 blocks. Each block is no greater than 20 square kilometres.

This is the opportunity Nigeria is missing by its failure to get the ISA license as a contract 30 years after it joined the UN body.
Both Dr. Tamuno and Mr Abba agreed that Nigeria should collaborate with relevant stakeholders and international bodies as well as pulling resources together to enable the country get ISA license.
According to them, achieving this milestone requires collaboration and advocacy, a position shared by Rear Admiral(rtd) Chukwuemeka Okafor, the immediate Hydrographer of the Nigerian Navy.
Benefits of ISA contract licence for Nigeria 
The adoption of UNCLOS in 1982 was one of the greatest achievements of the United Nations. One of the Convention’s most important contributions is that it placed more than 50 percent of the seabed under international jurisdiction, beyond the reach of any single State.
If managed effectively, in accordance with the rule of law as set out in the Convention, deep sea mining has the potential to contribute to the economic recovery of Nigeria.
Challenges of Exploiting Deep-Seabed resources by Nigeria
Much as there are enormous benefits inherent in the exploration and exploitation of deep Seabed resources, Nigeria may be faced with an uphill task to maximize these undersea resources.
Apart from being capital intensive, the lack of focus and commitment steeped in tenacity of purpose by the government may hinder the process.
To achieve Nigeria’s quest for using seabed mining as a stimulant for economic recovery, there must be sincere collaboration, and mutual commitment between the Ministry of Marine and Blue Economy, the lead ministry, NIMASA, the Designated Authority for Nigeria membership of ISA and the Ministry of Mines and Steel, including other relevant stakeholders.
Unfortunately, some stakeholders believed that the Ministry of Marine and Blue Economy, which is the country- designate for Nigeria’s membership of ISA, may be overwhelmed by the sheer number of responsibilities thrust on the young ministry.
The Rector, Maritime Academy of Nigeria, Commodore Duja Emmanuel Effedua (Rtd) believed that Nigeria may not see immediate results from the efforts of the federal government to leverage seabed mining through the ministry of Marine and Blue to grow the economy.
According to him, the young ministry is already overburdened with too many tasks and responsibilities within a short time of its creation.
” It will take time for the ministry to deliver, say 4 to 5 years from now.
” I am not a spokesman for the ministry but a lot of work has been heaped on the ministry with so short a time of its creation.
” People have to be patient because the results cannot come immediately” Commodore(rtd) claimed.
He also raised the issue of finance needed to fund the deep Seabed mining activity if Nigeria eventually forays into the sector.
” Nigeria has no required funds to exploit the resources in the seabed. We can only explore because exploiting the resources in the  Seabed is very expensive” MAN Oron Rector disclosed.
However, stakeholders believed that if the government could muster the required political will, funding and international collaboration towards leveraging vast resources beneath the belly of the ocean, then Nigeria would be on its way towards economic rebirth.
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Customs

KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

Deputy Comptroller Bolaji Adigun

Gloria Odion, Maritime reporter

‎The Acting Customs Area Controller (CAC) of the Kirikiri Lighter Terminal (KLT) Area Command of the Nigeria Customs Service (NCS), Deputy Comptroller Bolaji Adigun, has reaffirmed the Command’s commitment to deepening engagement with stakeholders across the maritime industry in line with efforts to promote trade facilitation, transparency, and sustainable economic growth.

‎Adigun gave the assurance through the Deputy Comptroller in charge of Administration, Comptroller T.A. Jonah, who represented him during a courtesy visit by the newly elected Executive Committee of the Maritime Reporters Association of Nigeria (MARAN) to the Command in Lagos.

‎The Acting CAC, who was unavoidably absent, underscored the importance of sustained collaboration between the Nigeria Customs Service and key industry stakeholders, particularly the maritime media, in advancing the Service’s mandate and supporting national economic development.

‎He described the media as a critical partner in disseminating information on government policies, customs reforms, trade facilitation initiatives, revenue generation, and anti-smuggling operations.

‎According to him, maritime journalists occupy a strategic position in shaping public understanding and perception of activities within the port and maritime sector, stressing the need for professionalism, accuracy, and balanced reportage in the discharge of their duties.

‎Adigun further assured the MARAN delegation that the KLT Area Command would continue to operate an open-door policy while fostering cordial and productive relationships with stakeholders within the maritime community.

‎Earlier in his remarks, the President of MARAN, Mr. Oluyinka Onigbinde, stated that the visit formed part of the association’s ongoing stakeholder engagement initiative following the inauguration of its newly elected executive committee.

‎Onigbinde explained that the purpose of the visit was to formally introduce the new leadership of the association to the Command and strengthen the longstanding relationship between MARAN and the Nigeria Customs Service.

‎He commended the KLT Area Command for its contributions to trade facilitation, revenue generation, and enforcement activities, describing the Command as a vital component of Customs operations within Nigeria’s port system.

‎The MARAN President also reaffirmed the association’s commitment to professional, objective, and development-driven journalism, noting that maritime reporters play a significant role in promoting informed discourse on issues affecting the industry.

‎He further assured the Command of MARAN’s continued support for initiatives aimed at enhancing efficiency, transparency, and competitiveness within Nigeria’s maritime sector through responsible and factual reporting.

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Headlines

One infant, three adults die, several others sustain injuries in fatal train derailment along Warri- Itakpe route 

Funso OLOJO,  Editor 
The Nigerian Railway Corporation (NRC) has confirmed the death of four passengers in a train derailment along the Warri–Itakpe Train Service (WITS) corridor near Agbor, Delta State on Monday, June 8th, 2026.
Several others suffered various degrees of injuries.
In a statement by the Ministry of Transportation  and signed by its Permanent Secretary, Engr. Funsho Adebiyi, the victims included two female adults, one male adult and one infant.
The accident involved four coaches which reportedly capsized while one coach derailed, resulting in the unfortunate loss of four lives.
The statement confirmed that a total of 442 passengers were booked on the train, while 40 crew members, security personnel, and third-party service providers were also on board, bringing the total number of persons on the train to 482.
The NRC had activated immediate rescue and evacuation operations with the support of the Delta State Government, NEMA, FRSC, the Police, Civil Defence, local authorities, security agencies, and other emergency responders, and were completed by 6:30 p.m on Monday .
The Injured passengers were evacuated to medical facilities in Agbor for treatment.
 Other notable individuals on board included the Senator representing Delta Central Senatorial District, Senator Ede Dafinone, and former Delta State Secretary to the State Government, Hon. Patrick Ukah, among others.
As of the time of this release, 24 serious injuries have been recorded, while several other passengers sustained varying degrees of injuries and are receiving medical attention.
One NRC staff member suffered a traumatic limb injury and is currently receiving treatment and is reported to be in stable condition.
“The Ministry and the NRC extend their deepest condolences to the families of the deceased and pray for the quick recovery of all those injured.
“The Corporation also appreciates the swift intervention of the Delta State Government, emergency responders, security agencies, the NRC Mechanical Directorate, the Special Rescue and Emergency Team, medical personnel, and members of the public who assisted in the rescue efforts” the statement declared.
The ministry said full onboard manifest has been retrieved and will be made available upon request by the relevant authorities while efforts are ongoing to identify all the injured and deceased persons for proper documentation.
The Ministry in conjunction with the NRC have commenced a full investigation into the cause of the accident while efforts will continue to account for all passengers and provide the necessary support to those affected.
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Commentaries

Why Nigeria must prioritize competency development and standards to harness gains of  blue economy

Funso OLOJO,  Editor 
Nigeria is endowed with vast maritime resources which offer enormous opportunities for economic growth, employment generation, food security, and environmental sustainability.
With its fabled over 850 kilometers of coastline, extensive inland waterways, and strategic access to the Gulf of Guinea, the country is naturally blessed to emerge as a hub for maritime activities in Africa.
However , taking advantage of these huge massive maritime opportunities should be the priority of Nigerian government which must be intentional on developing competency level of its Maritime professionals and raise their
adherence to international standards.
The blue economy encompasses diverse sectors including shipping, fisheries, aquaculture, marine tourism, offshore energy, maritime logistics, shipbuilding, and marine environmental management.
 These sectors are highly knowledge-driven and require a workforce equipped with specialized skills and globally recognized certifications.
Without competent professionals, Nigeria risks losing economic opportunities to countries with better-trained maritime personnel and stronger institutional frameworks.
Competency development is essential for enhancing productivity, safety, and operational efficiency across the maritime sector.
Skilled seafarers, marine engineers, port operators, logistics professionals, and environmental experts are critical to ensuring that maritime activities meet international best practices.
 As global shipping and offshore industries become increasingly technology-driven, continuous training and capacity building are necessary to keep Nigerian professionals competitive in the international labour market.
Skilled maritime professionals such as seafarers, marine engineers and allied personnel in the sector could be sources of foreign exchange earnings for Nigeria as they could be exported to the international community.
Philippines and India are the world’s top exporters of skilled maritime personnel such as seafarers where they get the chunk of their foreign exchange.
If Nigeria could develop such capacity in skilled labourers in the sector and export their expertise, the country could harvest bountifully from such venture.
Equally important is the adoption and enforcement of internationally recognized standards.
Standards provide the framework for quality assurance, safety management, environmental protection, and operational excellence.
Compliance with global maritime standards established by organizations such as the International Maritime Organization(IMO) and the Nautical Institute enhances Nigeria’s credibility as a maritime nation and attracts foreign investment.
Investors and international partners are more likely to engage with institutions and businesses that demonstrate compliance with recognized benchmarks.
That is why the recent certification of the Maritime Centre of Excellence operated by NLNG Shipping and Marine Services Limited by the  UK Nautical Institute is germaine to Nigeria’s quest to develop training capacity and build compliance with standard procedures
This feat also underscores the importance of world-class training institutions in building local capacity.
That is why the  government should give necessary assistance to training institutions in Nigeria such as Maritime Academy of Nigeria(MAN),  Oron and the Maritime Centre of Excellence operated by NLNG Shipping and Marine Services Limited.
Such government patronage and assistance will not only improve the quality of maritime training in Nigeria but also position the country as a regional centre  for maritime education and professional development.
Prioritizing competency development and standards will also contribute significantly to maritime safety and environmental sustainability.
Well-trained personnel are better equipped to prevent accidents, manage maritime risks, and respond effectively to emergencies.
 Furthermore, adherence to environmental standards helps reduce marine pollution, protect biodiversity, and ensure the sustainable utilization of ocean resources, which are fundamental pillars of the blue economy.
From an economic perspective, a competent workforce and strong standards framework can increase Nigeria’s participation in global maritime trade, create high-value jobs, reduce dependence on foreign expertise, and improve the country’s competitiveness.
 It also supports local content development by enabling Nigerian professionals and companies to meet the requirements of international contracts and projects.
In conclusion, competency development and standards are not optional components of Nigeria’s blue economy strategy; they are foundational requirements for its success.
 By investing in human capital, strengthening training institutions, and enforcing internationally accepted standards, Nigeria can fully harness the immense potential of its maritime resources and transform the blue economy into a major driver of national development, economic diversification, and sustainable growth.
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