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Oyetola predicts excess revenue from Blue Economy with 90 percent growth 

– set to overtake NNPCL in revenue generation 
Funso OLOJO 
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that there is a silent revenue explosion in the Blue Economy industry in Nigeria with the potential to overtake the legendary Nigeria National Petroleum Corporation Limited(NNPCL) in revenue generation.
Oyetola, who was speaking to journalists on the sideline of the 2025 Day of the Seafarer held in Port Harcourt, Rivers State, on Wednesday June 25th, 2025, said the industry has already generated revenue in excess of 90 percent and is not looking back in its race to outdo the NNPCL.
The Minister said with automation, modernization of the nation’s ports and the deployment of technology, the Blue Economy will be the next cash cow for the country.
He further stated that the Ministry was
doing its best to unlock the potential for the growth of the Nigerian economy through job creation and environmental sustainability.
“I want to assure you, even right now, within a little time, we’ve increased our revenue by not less than 90 per cent.
” We’re just not making noise about it, but with automation, with the modernisation of the port, with the development of technology, we believe that the Blue Economy will surpass the NNPC revenue.
“We’re doing our best to ensure that we’re able to unlock the potential of the options for the growth of the Nigerian economy, job creation and environmental sustainability.”
“In the past, there was no operating policy. We succeeded in putting a policy in place that is very robust and has met the world’s best standards.
“It is a policy that defines in clear terms the operation of the Blue Economy in Nigeria.”
Meanwhile, in what appears to be a major milestone in Nigeria’s journey towards a smarter, more transparent, and efficient maritime sector, the federal government has launched a Maritime Labour E-Platform to digitalise the governance of maritime labour.
Oyetola, who officially unveiled the digital platform at the Port Hacourt event, said the platform is more than just a portal, but offers real-time data access, enhances regulatory compliance, and creates a centralised system for labour administration.
 “This E-Platform is a bold step toward digital governance, improved service delivery, and industry-wide innovation.
” The platform offers real-time data access, enhances regulatory compliance, and creates a centralised system for labour administration.
“I commend NIMASA for this forward-looking initiative, which aligns perfectly with our Ministry’s vision of ease of doing business, global competitiveness, and human capital development in the blue economy.”
While encouraging maritime stakeholders to embrace the new platform and make full use of its capabilities, he remarked that this year’s theme of The Day of the Seafarer “My Harassment-Free Ship,” speaks to the collective duty to make every ship as a safe, respectful workplace.
“Harassment and bullying have no place in our maritime industry. We are prioritising quality training by upgrading maritime institutions, expanding capacity-building programmes, and aligning our seafarer education with international standards.”
“We are committed to full compliance with the STCW Convention, including recent amendments mandating anti-harassment training onboard ships.
” These steps are vital to ensure our seafarers remain competitive and globally employable,” he said.
The Minister assured that the government is investing in seafarers’ welfare through stronger regulation of recruitment and placement agencies, improving access to decent work, and collaborating with shipowners to guarantee fair treatment and onboard safety.
“The recent Collective Bargaining Agreement, facilitated by NIMASA alongside industry unions and employers, sets a new benchmark for fair wages, decent working conditions, and improved dispute resolution.
” NIMASA continues to enforce flag and port state controls, and promote Nigeria’s presence in global shipping, ensuring our seafarers are well-protected and respected internationally,” he stated.
Nevertheless,  the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, called on Shipowners, operators and crewing agencies to review their operational manuals to align with the amendments to the MLC 2006 code.
The MLC 2006 codes, it was gathered, addressed issues affecting Seafarers such as recognition of seafarers as key workers, improved protection against shipboard violence and harassment, enhanced access to shore leave, repatriation, and updated medical and occupational safety standards.
“At the recently concluded 113th session of the International Labour Conference held in Geneva, seven amendments to the MLC 2006 code addressing a broad range of issues affecting Seafarers, including the recognition of seafarers as key workers, improved protection against ship board violence and harassment, enhanced access to shore leave and repatriation and updated medical and occupational safety standards were approved by an overwhelming majority.
“These seven amendments reflect a collective global effort to align maritime Labour standards with the evolving landscape of global shipping.
” I therefore call on Shipowners, operators and crewing agencies to begin to review their operational manuals to align with these amendments ahead of the expected entry into force in December 2027.
“Our Seafarers must be able to report grievances without fear of retaliation, while also ensuring protection against vexations or malicious complaints.”
Dr Mobereola however urged government, employers, unions, shipowners, and civil society not to leave Seafarers alone in their struggles.
He also argued that a vessel is not just a seafarer’s place of work but a temporary home that must reflect the highest standards of dignity and professionalism, fostering zero tolerance for harassment.
‘Today provides an opportunity for the Maritime Community to honour Seafarers globally for their immense contribution to both domestic and international trade, powering the blue economy and connecting nations across oceans.
“The theme for this year’s celebration — “My Harassment-Free Ship” — is particularly apt, as it is a call to action to ensure that our seafarers feel safe, are valued and protected while at sea because the ship is not just their place of work; it is their temporary home.
“It must therefore reflect the highest standards of dignity and professionalism fostering zero tolerance for harassment.
“NIMASA must therefore continue to play its part in ensuring that Nigeria contributes effectively to regulations affecting Seafarers.
“We remain the highest contributor of Seafarers in Africa. Our men and women sail on vessels in our domestic waters and also globally.
” This will continue to grow through the Nigerian Seafarers Development Program (NSDP) and the efforts of our Maritime Training Institutions.”
Dr Mobereola, who further stated that a harassment-free ship is a cohesive ship, stated that Nigeria will create confidential reporting channels for incidents of harassment and ensure that reports are thoroughly investigated and addressed.
“In addition, NIMASA will play its role by establishing clear policies and procedures for preventing and addressing harassment on Nigerian–flagged vessels, ensuring confidential reporting channels for incidents of harassment and that reports are thoroughly investigated and addressed.
“Today is a clear reminder to us all – government, employers, unions, shipowners, and civil society- that Seafarers should not be left alone in their struggles.
” They look up to us to help them foster a culture of zero tolerance on ships to protect their dignity.”
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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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