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MARAN decries $500m annual loss by Nigerian Shippers to War Risk charges on in-bound cargo.

— accuses international shipping cartel of criminal extortions
Funso OLOJO 
The Maritime Reporters Association of Nigeria( MARAN) has condemned the persistent collection of War Risk Premium on Nigeria – bound cargo by international shipping cartel which runs into a whooping sun of $500m annually.
In a press statement by the association, the group decried what it described as international gang -up against Nigeria by the foreign ship owners whom  it accused of fleecing Nigerian Shippers through this charges despite the security improvements on Nigerian waters.
To demonstrate its opposition to the continued collection of these inordinate charges, MARAN has embarked on an advocacy through its 3rd Annual Maritime Lecture (MAMAL 2025) where it intends to highlight the extortions of Nigerian Shippers and expose what it regarded as a deep- seated fraud by the international shipping cartel.
MARAN, while acknowledging the relentless efforts of the Nigerian Maritime Administration and Safety Agency(NIMASA) to end this international gang -up against Nigeria and end the imposition of the charges, the association lamented that the extortion still continues unabated.
The group observed that shipowners and importers, who bear the brunt of these unjustifiable premiums, are left wondering why a nation with demonstrable secure waters is still being treated as a war zone by the international shipping community.
Alhaji Aminu Umar, Managing Director of Sea Transport Services Nigeria Limited and President of the Nigerian Chamber of Shipping, rightly points out the need for NIMASA to engage the Joint War Committee, the body responsible for waiving or imposing WRI.
“However, despite their efforts, the WRI remains firmly in place, raising concerns about the sincerity of the international shipping companies who engage business with Nigerian Shippers and the dirty politics involved in international trade as described by the President of the Nigeria Shipowners Association (NISA), Mr. Sola Adewunmi.
MARAN noted that for years, the justification for WRI on Nigerian-bound cargo stemmed from the very real threat of piracy and Niger Delta militancy.
” However, as confirmed by the International Maritime Bureau (IMB) in 2021, Nigeria has been officially removed from the list of piracy-prone countries.
“The International Bargaining Forum (IBF) further validated this progress in 2023, delisting Nigeria from high-risk maritime nations” the group observed.
MARAN also recalled that the Minister of Marine and Blue Economy, Adegboyola Oyetola, has also repeatedly affirmed that there hasn’t been a single pirate incident in Nigerian waters for over three years, attributing this peace to the multi-billion naira Deep Blue Project spearheaded by NIMASA.
The association however expressed concern that despite this improvement on security in the Gulf of Guinea and Nigerian waters, foreign insurance companies like Lloyd’s of London and various P&I clubs continue to levy these war risk surcharges.
“This isn’t just an inconvenience; it’s a monumental financial drain.
” In the past three years alone, Nigeria has coughed up an eye-watering $1.5 billion in WRI premiums.
“To put this into perspective, a Very Large Crude Carrier (VLCC) can incur a WRI surcharge of approximately $445,000 per voyage, while a new container vessel might face a hefty $525,000.
“Shipping giants like Maersk even tack on additional “transit disruption surcharges” of up to $450 per container.
” This translates directly to higher costs for Nigerian importers and exporters, ultimately passed on to the ordinary citizen, who pays inflated prices for goods” the journalists group noted.
MARAN stated that it was against this backdrop of frustration and economic detriment which the War Risk charges have caused the country that makes the association wants to bring the criminal extortions being perpetrated by international shipping cartel against Nigeria to global attention through its forthcoming annual lecture.
“The 3rd Annual Maritime Lecture (MAMAL 2025), slated for August 28, 2025, at the Eko Hotel and Suites in Lagos, is set to be a groundbreaking event that directly confronts this international fraud” the association declared.
With the theme “Addressing the Burden of War Risk Insurance on Nigerian Maritime Trade,” MAMAL 2025 aims to be more than just a discussion forum.
 It’s a rallying cry to the Federal Government and all affected stakeholders to acknowledge the severe economic implications of these unjust charges.
MARAN President, Mr. Godfrey Bivbere, has unequivocally condemned WRI as an international fraud burdening the economy of Nigeria and other developing countries in the Gulf of Guinea.
MAMAL 2025 promises to dissect every facet of this issue, from the perceived threats to the profound implications of persistent Extra War Risk Insurance (EWRI).
It will scrutinize the roles of classification societies like Lloyd’s of London and critically examine the contributions of core stakeholders, including NIMASA, the Nigerian Navy, and other maritime and security operators.
More importantly, MAMAL 2025 will draw over 500 key stakeholders, including maritime security experts, shipowners, terminal operators, international shipping lines, diplomats, insurers, regulators, and legal experts.
This broad engagement, driven by MARAN’s respected voice in the industry, offers a genuine opportunity for a united front against this exploitative practice.
While NIMASA talks to the UN, MARAN is bringing together the very people and organizations directly impacted, creating a platform for collective action and a more forceful demand for change.
” The continued imposition of War Risk Insurance on Nigerian-bound vessels is an affront to the nation’s efforts in securing its maritime domain and a significant impediment to its economic growth.
“It’s time for a definitive resolution, and MAMAL 2025, driven by the persistent advocacy of MARAN, appears to be the most promising avenue for achieving it” the statement concluded.
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Commentaries

The Olokola Conundrum: DP World, Dangote, and ghosts of Nigeria’s contractual sanctity

Monday Discourse with Ibrahim Nasiru

The Ogun State Government’s recent signing of a $7 billion Memorandum of Understanding (MoU) in Paris with Dubai’s DP World has been loudly celebrated by state publicists as a monumental triumph for foreign direct investment.

The ambitious agreement aims to develop the Gateway Deep Sea Port and the Blue Marine Special Economic Zone within the strategic Olokola axis.

However, to seasoned watchers of Nigeria’s industrial policy and maritime concessions, this fresh diplomatic foray triggers a profound sense of deja vu.

By overlapping a fresh international agreement onto a maritime asset where the Dangote Group still holds an active, multi-billion naira partnership and controlling stake, the current administration is navigating a legal and political minefield.

The Olokola project is not a blank canvas; it is a highly contested zone haunted by historical policy reversals and unresolved sovereign commitments.

To understand the volatile structural foundations of Olokola, one must revisit its ambitious inception in 2004.

Conceived under the visionary yet politically fraught collaboration between former Governor Gbenga Daniel of Ogun State and the late Governor Olusegun Agagu of Ondo State, the Olokola Free Trade Zone was designed to be the ultimate crown jewel of Nigeria’s maritime and energy independence.

It attracted an elite, multi-billion dollar investment profile, headlined by the ill-fated Olokola Liquefied Natural Gas (OKLNG) project, backed by global giants including the NNPC, Shell, Chevron, and the BG Group.

Yet, despite its peerless economic blueprint, the entire enterprise famously collapsed under the weight of inter-state political rivalries, bureaucratic paralysis, and sudden federal policy shifts.

When international oil companies pulled out due to a lack of institutional guarantees, local conglomerates like the Dangote Group stepped in to secure strategic stakes, preserving the asset’s industrial viability for the future.

Bypassing this historical footprint without a clean legal resolution is an invitation to systemic friction.

Therefore, the current strategy of double tracking agreements over the exact same geographical and maritime asset represents a dangerous institutional risk.

While the state’s aggressive drive to unlock the economic potential of the Ogun coastline and expand the nation’s blue economy is highly commendable, courting a Middle Eastern maritime giant like DP World while ignoring an existing domestic investor creates severe legal vulnerabilities.

In global shipping and port development, international operators look for absolute clarity regarding terminal operations, land titles, and concession limits

You cannot sustainably attract premium global capital by exposing them to immediate, multi-billion naira litigation from entrenched domestic players who have already sunk enormous resources into the zone’s foundational layout.

International project financiers and global port operators do not just look at shiny executive MoUs signed in European capitals; they look closely at local title security, asset de-risking, and a host state’s history of respecting contract sanctity.

If Nigeria is to successfully position its emerging seaports as competitive hubs within the West African sub-region, it must learn to operate under the global standard of a landlord port model where rights are clearly defined and legally unassailable.

Overlapping political promises only serve to drive away serious developers and delay actual infrastructure delivery.

The global investment community is watching how Nigeria treats its premier industrial actors, and any sign of flip-flopping on contractual terms acts as a major red flag for foreign direct investment.

Ultimately, if Ogun State truly wants the Olokola Deep Seaport to transition from a twenty year boardroom dream into a world class maritime reality, it must aggressively clear its legal debts first.

The administration must pivot away from performative international signings and sit down at a transparent renegotiation table to cleanly buy out or harmonize interests with the Dangote Group.

Failing to do so will ensure that this $7 billion UAE deal suffers the exact same paralyzing fate as the 2004 OKLNG blueprint.

In the high stakes theater of global infrastructure, true economic growth is built on the unyielding sanctity of existing laws and contracts—not on the shifting sands of political expediency.

Ibrahim Nasiru, a public affairs analyst, writes from Abuja 

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Headlines

MARAN trains 20 members at shipping institute, pledges sustained capacity building

Gloria Odion,  Maritme reporter 

The Maritime Reporters Association of Nigeria (MARAN) has trained 20 of its members at the Chartered Institute of Shipping of Nigeria (CISN) in a renewed effort to deepen maritime journalists’ technical knowledge, strengthen professional competence and improve the quality of reporting on Nigeria’s shipping industry and emerging blue economy.

The Graduate Induction Training Programme, which ended on Saturday, October 10, 2026, exposed participants to the technical, regulatory, operational and environmental dimensions of the maritime industry.

Participants are expected to obtain a Postgraduate Diploma Certificate in Shipping upon successful completion of the programme.

The training covered critical areas, including maritime safety and security, integrated marine environment management, shipping and port management, cargo clearance procedures and documentation, as well as the marine and blue economy.

The initiative underscores MARAN’s determination to bridge the knowledge gap between maritime journalism and the technical realities of the shipping industry, equipping its members with the expertise required to report more accurately and analytically on developments across the sector.

Delivering the first lecture, a CISN lecturer, Mr Patrick Ambakederimo, examined the principles of maritime safety and security, highlighting their significance to efficient shipping operations, the protection of lives and property, and the sustainability of maritime activities.

He discussed the identification and management of risks associated with vessel operations, cargo handling and other maritime activities, emphasising the need for strict compliance with safety regulations, regular inspections, adequate crew training and effective emergency response mechanisms.

Participants were also exposed to the importance of intelligence sharing, effective surveillance, coordinated security operations and adherence to relevant international maritime security standards.

The lecture distinguished between maritime safety, which focuses on preventing accidents and operational hazards, and maritime security, which addresses deliberate threats, unlawful activities and other hostile acts within the maritime domain.

Another CISN lecturer, Mr Sunday Duru, delivered a lecture on integrated marine environment management, examining the need for coordinated strategies to protect marine and coastal ecosystems from the environmental pressures associated with shipping, port operations and coastal development.

Duru stressed the importance of collaboration among government agencies, maritime operators, environmental organisations, coastal communities and other stakeholders in addressing environmental challenges confronting the maritime industry.

He identified marine pollution, oil spills, improper waste disposal, plastic pollution and the degradation of coastal ecosystems as critical concerns requiring sustained attention.

He also highlighted the importance of environmental monitoring, pollution prevention, proper waste management and effective enforcement of environmental regulations in safeguarding Nigeria’s marine resources.

Other courses covered shipping and port management, cargo clearance procedures and documentation, and the marine and blue economy.

These sessions were designed to broaden participants’ understanding of the commercial and operational processes underpinning shipping and port activities, while exposing them to the economic opportunities available in fisheries, coastal tourism and other ocean-related industries.

Speaking on the initiative, MARAN President, Oluyinka Onigbinde, reaffirmed the association’s commitment to sustained capacity building as a strategy for producing a corps of maritime journalists equipped to report the industry with greater accuracy, depth and professionalism.

Onigbinde maintained that effective maritime journalism required more than the ability to gather information and write news reports, stressing that journalists must understand the policies, regulations, commercial transactions and operational processes that shape the industry.

According to him, a technically informed maritime press would be better positioned to interrogate policy decisions, scrutinise industry practices, hold stakeholders accountable and explain complex maritime issues to the public.

He said MARAN would sustain its professional development initiatives through strategic partnerships with maritime institutions, government agencies and private-sector operators, creating more opportunities for members to acquire specialised knowledge and practical industry experience.

The association, he added, would continue to explore training programmes that expose members to emerging trends in shipping, port operations, maritime security, international trade and the blue economy.

Onigbinde stressed that continuous professional development was essential to strengthening the credibility of maritime journalism and improving public understanding of the sector’s contribution to national economic growth.

He expressed optimism that the knowledge acquired by participants would translate into improved reporting, particularly in the coverage of port efficiency, shipping operations, maritime safety, environmental sustainability and government policies affecting the industry.

The training comes at a time when Nigeria is intensifying efforts to improve port competitiveness, strengthen maritime security, promote environmental sustainability and unlock the economic potential of its marine resources.

For MARAN, the programme represents an investment not only in the professional development of its members but also in the quality of public discourse on the maritime industry.

By equipping journalists with a deeper understanding of the sector’s technical and commercial realities, the association hopes to promote more informed reporting, strengthen accountability and enhance public appreciation of the maritime industry’s role in Nigeria’s economic development.

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Customs

MACI hails Customs’ anti-corruption framework, demands full implementation

Funso OLOJO, Editor

The Media Anti-Corruption Initiative (MACI) has applauded the Comptroller-General of Customs, Adewale Adeniyi, for introducing a comprehensive anti-corruption framework aimed at identifying institutional vulnerabilities, strengthening internal controls and promoting integrity across the operations of the Nigeria Customs Service (NCS).

The initiative, which MACI described as a significant milestone in the fight against corruption within the Service, is anchored on three key documents signed by the Customs chief: the Standard Operating Procedure (SOP) for Internal Corruption Risk Analysis and Mapping (ICRAM), the ICRAM Handbook and the Integrity Action Plan (IAP).

In a statement jointly signed by MACI President,  Funso Olojo, and Project Coordinator, Lod Onyeji, the organisation described the development as a “pivotal moment in the fight against corruption within the Nigeria Customs Service.”

Mr Olojo, who commended the initiative of the Customs, noted that the stance of the agency on corruption is in alignment with the aims and objectives of MACI which is an advocate for corruption- free society.

The signing ceremony, held on October 6th, 2026, at the NCS Headquarters in Abuja, also witnessed the inauguration of the ICRAM Steering Committee, which is responsible for identifying, assessing and mapping corruption risks across the Service’s operations.

According to the statement, the framework represents a proactive institutional approach to tackling corruption by identifying vulnerabilities in Customs processes and establishing measures to prevent abuse of office, improve accountability and strengthen public confidence in the Service.

The Comptroller-General, Adeniyi, disclosed that the framework was developed in collaboration with the World Customs Organisation (WCO) and partner administrations, including His Majesty’s Revenue and Customs (HMRC) of the United Kingdom.

He explained that the documents provide practical guidance for Customs officers operating at seaports, land borders and airports, equipping them with procedures and controls designed to promote integrity, transparency and accountability in the discharge of their responsibilities.

MACI noted that the introduction of the framework followed a pilot programme conducted across seven Customs Commands and Units, covering 66 processes spanning regulatory activities, core Customs operations and support functions.

The exercise culminated in the development of a comprehensive Integrity Action Plan containing 101 action items and 295 sub-actions designed to address identified corruption risks and strengthen institutional safeguards.

Key measures outlined in the plan include increased automation and improved audit trails, stronger supervisory mechanisms, clearer accountability structures, effective segregation of duties, regular staff rotations and targeted training programmes.

The framework also seeks to strengthen controls governing interactions between Customs officers and stakeholders, an area considered critical to reducing opportunities for corrupt practices and improving compliance with established procedures.

MACI commended the Customs leadership for adopting a risk-based approach to corruption prevention, noting that identifying and addressing institutional weaknesses before they are exploited is essential to building a transparent and accountable public institution.

The organisation, however, stressed that the effectiveness of the initiative would ultimately depend on the consistent implementation of the prescribed measures across all commands and operational units of the Service.

It therefore urged Customs management, officers, stakeholders and relevant partner institutions to support the full implementation of the framework to ensure that the initiative delivers measurable improvements in institutional integrity.

MACI expressed confidence that effective implementation of the ICRAM framework and Integrity Action Plan would strengthen internal controls, reduce corruption risks, promote ethical conduct and enhance public trust in the Nigeria Customs Service.

The organisation emphasised that the new framework should not merely remain a collection of policy documents but should translate into tangible changes in operational practices, staff conduct and the overall culture of accountability within the Service.

 

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