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At Portnews Summit, Captain Olubowale raises concern over protracted delay in disbursement of CVFF

Funso OLOJO 
Captain Ladi Olubowale, the President of African Shipowners Association(ASA) has expressed a grave concern over the  continued delay in the disbursement of the Cabotage Vessels Financing funds(CVFF), raising doubt if the fund is still available.
Captain Olubowale, who was the lead speaker at the Portnews 2025 Summit held in Lagos on Thursday, November 6th, 2025 ,lamented that for everyday the disbursement is delayed, Nigeria is losing and its shipyard industry is dying.
The President of African Shipowners Association, who spoke on the theme of the Summit” Nigeria’s Shipping Carriage Gaps, CVFF, and the Fading Manpower” said the the expectant indigenous Shipowners have suffered series of disappointments and failed promises from government whom he accused of insincerity on the disbursement.
“The question we will ask is, is the money still available? Is the money real?
” For every day we spend not using that money, there’s a loss. For every day we spend, our shipyard industry is dying.
 It could be recalled that the successive administration of the Nigerian Maritime Administration and Safety Agency (NIMASA), the agency charged with the disbursement of the fund, have made series of unfulfilled promises since the creation of the fund in 2003.
The latest of such failed promises was made by the incumbent Director- General of NIMASA, Dr Dayo Mobereola, who said he has secured the approval of the Minister of Marine and Blue Economy, Adegboyega Oyetola, to disburse the fund in August,2025.
However Captain Olubowale said the non- disbursement of the fund has created the gap in Nigeria’s  shipping carriage.
According to him, the country carries less than 10 percent of its cargo due to lack of vessels owned by Nigerians.
“Today, Nigeria moves over 150 million tonnes of cargo annually; crude oil, gas, containers, and dry bulk.
“Yet, less than 10% of that trade is carried by Nigerian-owned  vessels.
Foreign shipping lines dominate our trade. This means billions of dollars in freight revenue leave our economy
every year.
” In 2023 alone, freight payments exceeded $9 billion, mostly earned by non-Nigerian operators.
“This dependence makes us vulnerable to global shocks and limits our economic sovereignty.”
“Nigeria exports oil, LNG, and agricultural
products. Yet our shipping presence is
minimal. We’ve become cargo owners without shipping power.
“This gap weakens our trade balance,
employment base, and technical capacity.
“Every vessel we don’t own represents lost jobs, lost taxes, and lost experience” Captain Olubowale lamented.
Prince Wale Oni, the Publisher of Portnews and the convener of the annual maritime summit recalled the cherry years of Nigerian National Shipping Line(NNSL) in the 80s when Nigeria was the proud owners of several sea- going vessels and vibrant Seafarers.
He however lamented that few years after, the NNSL and all its vessels have gone under while the Seafarers of those years have either died or old without much effort of replacement them.
“At the zenith of  its glory, the Nigerian National Shipping Line paraded about thirty ocean going vessels with brilliant and respected master mariners like our captain lheanacho resplendent behind the wheels. Good and shining ambassadors of Nigeria.
“Ironically, this only lasted from the pre oil boom years of the 60s through the 70s up until the 80s.
“But where are we today? Despite the survival stamina of our industry, the NNSL and all its vessels have gone under.
“Where are the hundreds of super trained staff of NNSL and other crew of MV Kudirat Abiola, MV Binta Yaradua? We all remember the fate of MV Abuja” Prince Oni recalled with nostalgia.
He however queried the propriety of keeping huge sum of accrued CVFF idle by NIMASA while indigenous shipping, which is supposed to benefit from the fund are suffering.
“NIMASA is  to superintend the Coastal and lnland Shipping Act of 2003 otherwise known as Cabotage Vessels Finance Fund.
“The Cabotage Vessels Finance Fund primarily  provides funds for indigenous ship owners for medium size coastal vessels acquisition and maintenance.
” The fund was to be sourced through 2 percent surcharge and other levies.
“Between 2003, it is being mouthed that about 800 million dollars has been realized into the CVFF purse
“Some rumour it to be one billion dollars.
“Why can’t government tell us the exact amount? Why this level of opaqueness.
“Why this humongous volume of public money remain idle for so long, especially now that virtually all the indigenous companies in coastal carriage business have gone under ?
” Ask Chief Jolapamo,  ask Otunba Sola Adewunmi of Nigeria l indigenous Ship Owners Association, (NlSA).
“Lets us imagine the volumes of cargo and the revenue being lost to smart foreigners in the West Coast.
“I admit that a few upstarts have taken advantage of  Dangote Refinery and big time tank farms. But on a scrutiny, are they really in charge?
 “Must we continue playing second fiddle even to our West African brothers in this trade?
“At this juncture, l will salute NIMASA for keeping such large sums unscathed in its vault for  over twenty years.
” It is a national record in fidelity.
But, why would a nation deem it wise to save about 800 million dollars for so long without finding it expedient to dispense it for the purpose it was generated?
“When thousands of its skilled seamen, master mariners, professionals trained at exorbitant costs in the best shipping schools around the world are loafing around, wasting away?” the Publisher queried
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Customs

FOU Zone A: Afeni intensifies anti-smuggling operations, seizes N511.4m drugs, rescues eight pangolins

Gloria Odion, Maritme reporter 

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’, has intensified its anti-smuggling operations across the South-West, recording major seizures of illicit drugs and pharmaceutical products valued at N511.4 million and rescuing eight endangered pangolins under the leadership of its Acting Comptroller, Deputy Comptroller Oladapo Afeni.

The latest achievements reflect a renewed enforcement strategy anchored on intelligence gathering, strategic patrols and strengthened collaboration with sister security agencies to disrupt smuggling networks and combat transnational organised crime across the region.

Since assuming leadership of the unit, Afeni has intensified efforts to tackle the illegal movement of prohibited goods through major highways, border corridors and waterways, with operations targeting illicit drugs, unapproved pharmaceutical products, endangered wildlife, foreign parboiled rice, frozen poultry products and other prohibited items.

The recent interceptions, particularly the recovery of drugs and pharmaceutical products worth N511.4 million and the rescue of eight live pangolins in two separate operations, underscore the unit’s determination to protect public health, safeguard national security, preserve wildlife and strengthen compliance with Nigeria’s trade regulations.

Beyond the financial value of the seizures, the operations highlight the wider economic, environmental and security consequences of smuggling and the need for sustained enforcement against criminal networks operating across the South-West.

One of the major breakthroughs recorded under Afeni’s leadership was the interception of assorted illicit drugs and pharmaceutical products with a Duty Paid Value (DPV) of N511.4 million.

The seized items were subsequently handed over to the National Drug Law Enforcement Agency (NDLEA) and the National Agency for Food and Drug Administration and Control (NAFDAC) for further investigation and necessary regulatory and legal action.

The exhibits included 121 parcels of cannabis sativa weighing 65.9 kilogrammes, 100 grammes of crystal methamphetamine, 400 grammes of cocaine, 900 grammes of ground synthetic cannabis, 4.3 kilogrammes of hybrid cannabis and 57 cartons of codeine syrup.

Other items handed over included 86 packs of polythene bags allegedly used to conceal the illicit substances, two vehicles a Toyota Hiace bus and a Toyota Sienna and two male suspects linked to separate interceptions.

According to the unit, one of the operations took place at approximately 1 p.m. on October 10, 2026, when an intelligence led patrol team intercepted a Toyota Hiace bus conveying suspected illicit drugs concealed in polythene bags along the Lagos-Benin Expressway, around Ore, Ondo State.

Following the interception, NDLEA officials conducted further examination and analysis, which confirmed the nature of the substances.

In a separate operation on October 7, 2026, Customs officers intercepted another vehicle along the Lagos-Ibadan Expressway.

A thorough search of the vehicle led to the discovery of 57 cartons of assorted brands of codeine syrup.

The interceptions demonstrate the unit’s commitment to preventing the transportation and distribution of prohibited substances through major commercial routes, where traffickers often conceal illegal consignments among legitimate goods.

Speaking on behalf of Afeni during the handover, the Deputy Comptroller in charge of Enforcement,Oluwaseun Oguntuase, attributed the successes to sustained intelligence driven operations across the unit’s area of responsibility.

He explained that the seizures and subsequent transfer of the exhibits to the relevant agencies reflected the Service’s determination to secure the nation’s borders, protect public health and strengthen national security.

The collaboration with NDLEA and NAFDAC also reinforces the importance of inter-agency cooperation in tackling drug trafficking and the circulation of unapproved pharmaceutical products.

In addition to its operations against drug trafficking and other prohibited imports, FOU Zone ‘A’ has strengthened its efforts to combat illegal wildlife trafficking, recording two separate interceptions that resulted in the rescue of eight live pangolins within approximately 11 days.

The first operation occurred on October 12, 2026, when Customs officers intercepted three live pangolins during an anti-smuggling operation around Oyo Dam, Igbo-Ora, Ogun State.

Acting on credible intelligence, the patrol team discovered the animals concealed inside a sack and a wire mesh cage.

The suspected traffickers reportedly abandoned the consignment and escaped into a nearby swamp upon sighting the officers.

Similarly, in the early hours of October 23, 2026, another patrol team intercepted five additional live pangolins along the Igbo-Ora/Imeko-Afon axis.

The animals were found confined in wire mesh cages and allegedly concealed to evade detection.

The suspects reportedly fled the scene, abandoning the animals as Customs officers moved in.

The two operations highlight the growing enforcement attention being given to illegal wildlife trade and the need to dismantle the networks responsible for trafficking protected species.

Pangolins are among the world’s most trafficked mammals, largely targeted by illegal traders for their scales and meat.

Their international commercial trade is prohibited under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which lists all pangolin species under Appendix I.

The rescued animals were handed over to the Greenfingers Wildlife Initiative Centre for safekeeping, rehabilitation and appropriate management, with the possibility of eventual release into a protected natural habitat where feasible.

Speaking during the second handover, Oguntuase, who represented Afeni, stressed the need for comprehensive investigations to identify and dismantle the criminal networks behind the repeated attempts to traffic endangered wildlife.

He reaffirmed the unit’s commitment to intelligence led enforcement, collaboration with conservation organisations and the strict enforcement of relevant laws against illegal wildlife trade.

The repeated interceptions also underscore the importance of identifying the individuals and networks financing, transporting and facilitating the illegal trade, rather than limiting enforcement efforts to recovering abandoned consignments.

Recognising the importance of coordinated security operations in tackling organised crime, Afeni has also intensified engagement with sister security agencies across the South-West.

On October 14, 2026, the Acting Comptroller commenced a familiarization tour of security and law enforcement agencies in Lagos State as part of efforts to strengthen institutional relationships and improve cooperation in intelligence sharing, information exchange and joint enforcement operations.

The agencies visited included the Lagos State Police Command, Department of State Services (DSS), Headquarters of the Nigerian Army’s 81 Division, the NDLEA Lagos State Strategic Command, the Nigeria Immigration Service and the Army’s 9 Brigade in Ikeja.

During the engagements, Afeni emphasised the need for stronger collaboration among security institutions to effectively address smuggling, cross-border criminal activities and other threats to national security.

At the Lagos State Police Command, where he was received by the Commissioner of Police, CP Tijani Fatai, Afeni noted that the Customs Service’s responsibilities extended beyond border protection and required sustained cooperation with other security agencies.

He expressed concern that the approaching election period could create opportunities for criminal elements to exploit heightened political activities and engage in illegal operations capable of threatening public peace.

“We know that crime rates often increase as the country approaches the election period, as some people may attempt to take advantage of the period to perpetrate illicit activities capable of causing crises during the elections. Therefore, we are here to call for closer synergy so that these bad elements do not have their way.”

Afeni maintained that no security agency could effectively confront complex criminal activities in isolation, stressing that regular intelligence sharing and coordinated operations remained essential to achieving lasting security outcomes.

In his response, the Lagos State Commissioner of Police welcomed the initiative and described the relationship between the police and other security agencies in the state as strong and productive, despite the security challenges associated with Lagos’s large population and complex operating environment.

At the Nigerian Army’s 81 Division Headquarters, the General Officer Commanding, Major General Adebayo Abdulrahman Babalola, also emphasised the importance of joint security operations.

He cautioned against unnecessary administrative bottlenecks that could affect operational efficiency and called for effective coordination among relevant institutions.

The engagements reflect the growing recognition that smuggling networks often operate across multiple jurisdictions, exploiting highways, waterways, border communities and distribution centres to move prohibited goods.

Strengthening institutional cooperation and intelligence exchange is therefore critical to identifying criminal movements, closing security gaps and ensuring timely responses to emerging threats.

The intensified operations by FOU Zone ‘A’ also carry significant economic and public health implications.

Smuggling undermines legitimate businesses by creating unfair competition for compliant importers and traders who fulfil their statutory obligations, including the payment of duties and compliance with regulatory requirements.

Similarly, the illegal movement of narcotics and unapproved pharmaceutical products exposes Nigerians to serious health risks,while wildlife trafficking threatens biodiversity and undermines international conservation efforts.

For the Nigeria Customs Service, effective enforcement therefore requires a balanced approach that prevents prohibited trade while facilitating legitimate commercial activities.

The N511.4 million worth of intercepted drugs and pharmaceutical products represents more than the financial value of the seized items.

It also reflects the potential harm prevented by keeping dangerous substances away from the public.

Likewise, the rescue of eight pangolins demonstrates the Service’s expanding role in environmental protection and the fight against organised wildlife trafficking.

However, the long-term success of these operations will depend on the ability of relevant agencies to conduct effective investigations, secure successful prosecutions and dismantle the networks responsible for the illegal activities.

The escape of suspects during both pangolin interceptions further highlights the need to strengthen intelligence gathering and surveillance to ensure that those behind the illegal trade are identified and brought to justice.

The Acting Comptroller has assured that FOU Zone ‘A’ will sustain its enforcement operations, intelligence driven patrols and strategic partnerships with relevant security and regulatory agencies across its area of responsibility.

His approach centres on strengthening intelligence gathering, improving inter-agency coordination and maintaining operational pressure on routes frequently exploited by smugglers.

The recent seizures indicate that the unit’s enforcement activities cover multiple categories of prohibited goods, ranging from illicit drugs and unapproved pharmaceutical products to endangered wildlife and other restricted commodities.

Sustaining these achievements, however, will require continuous investment in operational capacity, reliable intelligence networks, effective investigations and stronger engagement with communities along vulnerable smuggling corridors.

Equally important is continued cooperation with regulatory institutions and conservation organisations to ensure that seized products undergo appropriate investigations and rescued wildlife receives adequate care.

As the Nigeria Customs Service continues to discharge its statutory responsibilities, the effectiveness of Afeni’s enforcement strategy will ultimately be measured not only by the volume and value of seizures but also by its ability to dismantle criminal networks, protect public health, preserve biodiversity, safeguard government revenue and create a more secure environment for legitimate trade.

For smugglers operating across the South-West, the message from FOU Zone ‘A’ remains clear: the Service is strengthening its intelligence capacity, intensifying patrols and deepening security partnerships to make the region increasingly hostile to illicit trade.

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Customs

Nigeria Customs, US Business Community strengthen partnership to boost trade facilitation

Gloria Odion, Maritme reporter 

The Nigeria Customs Service (NCS) and key American business organisations have reaffirmed their commitment to strengthening bilateral economic relations, improving trade facilitation, and creating a more transparent and predictable business environment for investors in Nigeria.

The commitment was reiterated during a quarterly stakeholder engagement held on 28 October 2026 at the NCS Headquarters’ ICT Auditorium in Maitama, Abuja.

The meeting brought together the Service, the US Chamber of Commerce, the US-Africa Business Centre (USAfBC), and the American Business Council (ABC) to discuss ways to improve trade processes, address business concerns, and deepen economic cooperation between Nigeria and the United States.

Speaking on behalf of the Comptroller-General of Customs, Adewale Adeniyi, the Deputy Comptroller-General of Customs in charge of Tariff and Trade, Caroline Niagwan, said the engagement provided an important platform for strengthening collaboration and promoting mutually beneficial economic relations between both countries.

Niagwan reaffirmed the Service’s commitment to institutional reforms, operational efficiency, digital transformation, and improved stakeholder engagement, noting that these initiatives were central to building a modern Customs administration.

“Our objective is to build a modern, transparent, and responsive Customs administration that facilitates trade while ensuring effective revenue collection, border security, and compliance with applicable rules and regulations,” she said.

She explained that regular engagements with the business community would enable the Service to exchange ideas, address emerging concerns, and improve its operations to meet the needs of businesses operating in Nigeria and those seeking investment opportunities in the country.

According to her, predictable Customs procedures, transparent tariff administration, timely cargo clearance, and effective dispute resolution mechanisms are essential to improving the ease of doing business and strengthening investor confidence.

The Deputy Comptroller-General of Customs in charge of ICT and Modernisation, Oluyomi Adebakin, highlighted the Service’s ongoing digital transformation initiatives, including the automation of licence and permit applications to simplify procedures and improve operational efficiency.

She also disclosed plans to deploy 22 additional scanners across seaports, airports, and border stations to strengthen cargo examination, enhance operational effectiveness, and support trade facilitation.

Adebakin further emphasised the Service’s transition towards paperless administrative processes and encouraged members of the business community to provide feedback on their experiences with Customs procedures.

She noted that constructive engagement with stakeholders would help the Service identify operational challenges, address bottlenecks, and develop practical solutions to improve service delivery.

The President of the US-Africa Business Centre at the US Chamber of Commerce, Kendra Gaither, commended the Nigeria Customs Service for its contributions to economic development, particularly through the facilitation of legitimate trade.

She observed that the importance of efficient Customs operations is often overlooked when trade processes run smoothly, despite their significant impact on businesses, consumers, and the wider economy.

“When Customs works well, when trade is facilitated, people are the ultimate beneficiaries,” Gaither said.

She stressed that efficient Customs administration was critical to attracting investment and expanding business opportunities across key sectors, including agriculture, energy, critical minerals, healthcare, and the digital economy.

Gaither also expressed appreciation for the continued partnership between the Service and the American business community, noting the importance of sustained dialogue in addressing trade related challenges and creating an enabling environment for investment.

Similarly, the Chief Executive Officer and Executive Secretary of the American Business Council Nigeria, Margaret Olele, praised the Service for its progress in trade facilitation, transparency, and stakeholder engagement.

Olele also congratulated the Nigeria Customs Service on its recognition as a top performing agency in the Presidential Enabling Business Environment Council (PEBEC) Compliance Assessment.

She highlighted improvements in the Authorised Economic Operator (AEO) Programme, Advance Rulings, and dispute resolution mechanisms, noting that the quarterly engagements had contributed to resolving longstanding challenges faced by businesses.

The meeting reaffirmed the importance of sustained collaboration between the Nigeria Customs Service and the American business community in promoting efficient trade procedures, addressing private sector concerns, and strengthening Nigeria’s attractiveness as an investment destination.

Through continued dialogue, digital innovation, and institutional reforms, both sides are expected to build on existing progress towards a more transparent, efficient, and business friendly trade environment.

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Headlines

Blue Lagos, New Generation Directorate bring 250 riverine youths together for development dialogue

Gloria Odion, Maritme reporter 

The Blue Lagos Sustainability Initiative, in partnership with the New Generation Directorate, has brought together 250 young people representing 125 riverine and coastal communities across Lagos State to discuss grassroots development,youth empowerment, and inclusive governance.

The Lagos Riverine Community Youth Leaders Dialogue, held at the Badore Ferry Terminal, Ajah, provided a platform for youth representatives to present community challenges, identify development priorities, and propose practical solutions to issues affecting underserved riverine and coastal settlements.

The initiative aimed to strengthen engagement between government institutions and grassroots communities while ensuring that young people in hard-to-reach areas have a voice in decisions concerning their welfare, opportunities, and future.

Mr Oluwadamilola Emmanuel, Special Adviser to the Governor of Lagos State on Blue Economy, stressed the importance of involving young people in governance and development planning, particularly in communities facing geographical and socioeconomic challenges.

Emmanuel emphasised that sustainable development requires effective communication between government and the people, noting that understanding local needs and incorporating community perspectives into policy formulation and implementation are essential to achieving meaningful progress.

During the interactive session, youth leaders outlined pressing challenges confronting their communities, drawing attention to gaps in essential services, infrastructure, and economic opportunities.

The issues raised included inadequate access to education and healthcare, unemployment, environmental sustainability, transportation, poor infrastructure, youth empowerment, and limited access to essential social services.

Participants also called for improved access to government programmes and the implementation of targeted interventions that reflect the unique circumstances of riverine and coastal communities.

Emmanuel acknowledged the concerns presented by the youth representatives and assured them that their requests and recommendations would be communicated to the appropriate government authorities for consideration and necessary action.

He reiterated the importance of maintaining constructive engagement with grassroots communities to identify development priorities and explore practical approaches to addressing their needs.

In her goodwill message, Princess Damilola Sonayon James, APC Deputy Governorship Candidate in Lagos State and Director of the New Generation Directorate, urged young people across the state’s riverine and coastal communities to take an active role in governance and contribute meaningfully to the development of their communities.

She encouraged the youth leaders to move beyond expressing concerns about government policies by actively contributing ideas, engaging constructively with public officials, and participating in decision-making processes at both grassroots and state levels.

According to her, young people possess the energy, creativity, innovation, and community level understanding needed to promote responsive leadership and sustainable development.

James also urged the participants to remain united, organised, and committed to the progress of their respective communities, stressing the need for continuous engagement with government institutions and other relevant stakeholders.

She further called on young people to see themselves not merely as beneficiaries of government programmes but as active partners in governance, community development, and the future of Lagos State.

The dialogue also featured engagement with Mr Mobolaji Ogunlende, Commissioner for Youth and Social Development, alongside other stakeholders from the New Generation Directorate.

The engagement provided an opportunity to discuss issues affecting young people in riverine and coastal settlements, particularly youth development, employment and livelihood opportunities, education, healthcare, infrastructure, environmental protection, and community welfare.

Participants emphasised the need to strengthen communication between grassroots communities and public institutions, improve awareness of available government initiatives, and ensure that the needs of underserved settlements are adequately reflected in development plans.

With 250 young people representing 125 riverine and coastal communities in attendance, the dialogue underscored the importance of grassroots participation in shaping policies and programmes that respond to the realities of local communities.

The partnership between Blue Lagos and the New Generation Directorate also highlighted the role of collaboration in promoting youth inclusion, strengthening community engagement, and expanding development opportunities across Lagos State.

The initiative further reinforced the need for a coordinated approach involving government agencies, traditional and community leaders, youth organisations, civil society groups, and other stakeholders to address the challenges confronting riverine and coastal settlements.

For the Blue Lagos Sustainability Initiative, the dialogue represents a step towards strengthening grassroots participation, promoting inclusive governance, and ensuring that the concerns of underserved communities receive attention in development planning.

Through the engagement, Blue Lagos and the New Generation Directorate reaffirmed the importance of sustained dialogue with young people as partners in building stronger communities, improving access to opportunities, and advancing sustainable development across Lagos State’s riverine and coastal areas.

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