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Oyetola warns inadequate funding of Ministry of Marine and Blue Economy may hobble sectoral reforms, impede growth

– presents N10.5bn 2026 budget 
Funso OLOJO, Editor
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has warned that the lean 2026 budget for the Ministry of Marine and Blue Economy, may stunt the growth trajectory of the sector and limit the expected reforms.
Oyetola lamented that the Ministry, which is critical to the economic growth of the country, is being underfunded, a development he feared may lead to underperformance of the sector.
The Minister made the observation on Tuesday, February 10th, 2026 while presenting a ₦10,499,984,667.10 budget proposal for the Federal Ministry of Marine and Blue Economy for the 2026 fiscal year to the National Assembly.
Oyetola make a budget defence before a joint sitting of the Senate Committee on Marine Transport and the House of Representatives committees on Ports and Harbours; Maritime Safety, Education and Administration; Shipping Services; Inland Waterways; and Ocean and Fisheries.
He lamented that the allocation was grossly insufficient to effectively execute the ministry’s wide-ranging mandate critical to Nigeria’s trade, transport efficiency and food security.
The Minister said the proposed budget, which comprises ₦8.24 billion for capital expenditure, ₦453.86 million for overheads and ₦1.81 billion for personnel costs, would only sustain minimal operational continuity rather than deliver meaningful reforms or sectoral growth.
He  explained that the ministry oversees interconnected subsectors, including ports, shipping, inland waterways, fisheries and aquaculture, which collectively handle over 90 per cent of Nigeria’s international trade by volume, national food and nutrition security, and economic competitiveness.
Oyetola equally noted that while agencies such as the Nigerian Ports Authority(NPA), Nigerian Maritime Administration and Safety Agency(NIMASA) and Nigerian Shippers’ Council(NSC) were self-funding and made significant remittances to the Consolidated Revenue Fund, their operations were being severely constrained by excessive deductions at source by the Office of the Accountant-General of the Federation.
According to him, these deductions had weakened liquidity and reduced the operational flexibility of key agencies responsible for maritime safety, port efficiency and regulatory oversight, with far-reaching consequences including port congestion, higher logistics costs, delayed cargo movement, revenue losses and inflationary pressures.
He stressed that what appeared to be an accounting issue had become a national economic concern.
Oyetola also said that the 2026 budget of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) was wrongly placed by the Budget Office under the Federal Ministry of Transportation despite the fact that it is an agency under the Federal Ministry of Marine and Blue Economy.
HE  lamented that the misalignment undermined clarity in oversight and policy coherence within the maritime logistics value chain.
On inland waterways, the Minister appealed for increased funding to curb accidents and loss of lives.
He said water transport is globally recognised as significantly cheaper than road transport.
 He noted that Nigeria’s heavy reliance on road haulage for over 80 per cent of freight movement had worsened road deterioration and increased the cost of goods, arguing that safer and more efficient inland waterways would ease pressure on roads and lower logistics costs.
On fisheries and aquaculture, Oyetola said Nigeria’s annual fish demand of over 3.6 million metric tonnes far exceeded domestic production of about 1.4 million metric tonnes, sustaining imports valued at more than one billion dollars annually.
He added that post-harvest losses of up to 30 per cent further reduced supply, despite fish being one of the most affordable sources of animal protein for Nigerian households.
He assured that the Ministry is working hard to increase local fish production and reduce importation.
The minister disclosed that in 2025, the ministry’s revised capital budget of ₦3.53 billion recorded an actual cash release of just ₦202.47 million, representing about 1.7 per cent, while overhead releases stood at 35 per cent.
He said engagements were ongoing with the Ministry of Budget and Economic Planning to address the funding gaps in line with the Federal Government’s drive to diversify the economy through the marine and blue economy.
The Chairman of the Senate Committee on Marine Transport, Senator Wasiu Eshilokun, assured that the National Assembly would carefully examine the proposals, noting the strategic importance of the marine and blue economy to national development and economic resilience.
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Headlines

Rolling Gazing Terminal excites NAGAFF, says it meets standard for bonded facilities

Gloria Odion, Maritime reporter 

The National Association of Government Approved Freight Forwarders has commended Rolling Gazing Bonded Terminal for its operational standards, saying the facility can improve cargo efficiency and reduce port congestion.

NAGAFF’s Trade Advocacy Committee gave the commendation Thursday during a nationwide inspection of licensed bonded terminals. NAGAFF Founder Dr. Boniface Aniebonam led the delegation.

Aniebonam praised the terminal’s automation, cargo handling infrastructure and security systems. He said the facility reflects the standard required to strengthen trade facilitation and address logistical challenges.

“The infrastructure is available, the equipment is functional, and the operators are fully prepared for business,” he stated.

Committee Head Dr. Increase Uche said the terminal is adequately equipped and shows strong commitment to service delivery. He added that the facility can evolve into a major logistics hub due to location and expansion space.

Operational Manager Stanley Enoma said the terminal runs TOS and EDI platforms and is expanding capacity to 5,000 TEUs.

NAGAFF said the assessment will continue at other bonded terminals to identify gaps and promote efficiency.

NAGAFF has commended Rolling Gazing Bonded Terminal for meeting operational standards expected of Customs bonded facilities. The commendation followed an inspection by NAGAFF’s Trade Advocacy Committee on Thursday as part of a nationwide assessment of bonded terminals.

NAGAFF Founder, Dr. Boniface Aniebonam praised the terminal’s automation, cargo handling equipment, security systems and operational preparedness, saying it can improve cargo movement and reduce seaport congestion.

Committee Head Dr. Increase Uche said the facility is adequately equipped and has potential to become a major logistics hub due to location and expansion capacity. Operational Manager Stanley Enoma disclosed the terminal operates TOS and EDI platforms and is expanding to 5,000 TEUs capacity. NAGAFF said it will compile a report and continue inspections nationwide to identify operational gaps and promote trade facilitation in the maritime sector.

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Customs

Apapa Customs commences stricter crowd control measures to enhance security at command

Funso OLOJO, Editor
In response to the rising wave of insecurity across the country, the Apapa Area Command of the Nigeria Customs Service (NCS) has concluded plans to tighten access control measures to ensure that only authorized persons gain entry into the command to conduct official business.
As part of the new security arrangement, all licensed clearing and forwarding agencies operating at the command have been directed to submit the names of three representatives through Customs Form C-30, who will be authorized to carry out daily transactions on behalf of their companies.
The NCS Form C-30 is an operational document that serves as proof of authorization for a licensed clearing and forwarding agent to operate within a designated Customs command. It is a mandatory requirement for cargo clearance and export processing at Nigerian ports.
The initiative comes amid heightened efforts by government agencies and private organizations to strengthen security protocols and protect personnel, facilities, and critical national assets from emerging threats.
Speaking exclusively with our correspondent, the Area Controller of Apapa Command, Comptroller Emmanuel Oshoba, said the measure is aimed at reducing the number of visitors to the command and enhancing access control in response to growing security concerns nationwide.
According to him, the requirement for clearing and forwarding agencies to nominate representatives for Customs transactions is already provided for in the Nigeria Customs Service Act 2023, although it has not been fully implemented.
He disclosed that the Apapa Command has decided to activate the provision in view of the prevailing security situation in the country.
“This is a standard procedure globally to enhance security at ports, which are critical to the world economy.
“In Nigeria, our ports are the arteries of the economy, and we cannot afford to expose them to the risk of attacks.
“We have to be proactive and not wait until an unfortunate incident occurs before taking action.
“America never expected the September 11 terrorist attacks.
“It is for these reasons that the management of the Service has decided that the enforcement of the crowd-control provisions contained in the Customs Act 2023 should commence at the Apapa Command, given its status as the largest and flagship Customs command in the country,” Oshoba stated.
The Customs Area Controller explained that restricting physical access to accredited company representatives would not only strengthen security but also improve operational efficiency and facilitate better monitoring of activities within the command.
He further disclosed that the policy, which is scheduled to take full effect next week, will significantly limit the movement of unauthorized persons within the command premises.
“The accredited representatives of all registered clearing and forwarding agencies will be issued official duty identification cards, which will grant them access to the command.
“Whenever there is a change in personnel, the concerned agency will notify the command so that the necessary adjustments and replacements can be updated in our system.
“Visitors, including journalists, will be required to register at the gate and will be issued visitor identification cards.
“This is a standard practice globally. I am aware that terminal operators such as Grimaldi at PTML and APM Terminals at Apapa Port already operate similar crowd-control mechanisms,” he noted.
The new access-control regime follows recent efforts by the Presidential Enabling Business Environment Council (PEBEC) to improve security, operational efficiency, and reduce the cost of doing business at the ports.
It could be recalled that between May 14th and 16th,  2026, PEBEC, led by its Director-General, Princess Zahrah Mustapha Audu, coordinated a major enforcement operation along the Apapa and Tin Can port corridors in Lagos to dismantle illegal checkpoints and extortion points obstructing cargo movement.
The operation targeted notorious extortion locations, including Liverpool Bridge, the Terminal International Container Terminal (TICT) Second Gate, NAGAFF Junction, ETISALAT Roundabout, and Fidelity Roundabout.
Working in collaboration with the Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS), Nigeria Police Force, and the Lagos State Government, PEBEC sought to restore order and eliminate unauthorized checkpoints that had become a major impediment to trade facilitation.
The exercise resulted in the immediate removal of illegal structures and unauthorized personnel operating along the corridor, while authorities issued a stern warning against any attempt to re-establish the extortion checkpoints.
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Customs

KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

Deputy Comptroller Bolaji Adigun

Gloria Odion, Maritime reporter
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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.
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‎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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