Headlines
NIMASA seeks enhanced funding, favourable policies to empower indigenous ship building, shipyards

This assurance was given at a stakeholders’ breakfast meeting organised by the Agency with the theme “Dissecting the Issues, Challenges, and Prospects in the Shipbuilding Segment – Discussing Funding Models, Incentives, and Policy Support for Shipyards Growth.”
Delivering the welcome address as Chairman of the occasion, the Executive Director, Operations, NIMASA, Engr. Fatai Taiye Adeyemi, noted that shipbuilding remains a capital-intensive, cyclical and technically demanding sector that requires deliberate policy and financial interventions to achieve sustainable growth.
Adeyemi, who was represented by the Director, Marine Environment Management, Dr. Oma Offodile, said the breakfast meeting was designed to provide a clear assessment of the structural challenges confronting the shipbuilding segment and to collectively agree on pragmatic funding models, incentives and policy options capable of driving competitive shipyard growth in Nigeria.
“Shipbuilding is a strategic pillar of Nigeria’s maritime and blue economy aspirations.
Through engagements like these, NIMASA is working with industry stakeholders to address structural constraints, build local capacity, curb capital flight and position Nigerian shipyards to compete sustainably, while supporting decarbonisation, job creation and our obligations at the International Maritime Organisation,” he said.
Engr Adeyemi explained that global developments such as maritime decarbonisation and fuel transition, supply chain fragility and geopolitical concerns have reshaped the shipbuilding landscape, increasing the demand for strong domestic capacity to support shipping, offshore energy, defence and other critical maritime assets.
Engr. Adeyemi identified key challenges facing the sector to include restricted access to capital due to high capital expenditure and cyclical revenues, shortage of skilled manpower, underinvestment in automation and green technologies, insufficient scale to compete globally, as well as policy inconsistency and procurement uncertainty.
He added that shipyards are pivotal to maritime decarbonisation, as they are responsible for building energy-efficient vessels that meet the standards of the International Maritime Organisation (IMO), stressing the need to sustain Nigeria’s recent return to Category C of the IMO Council.
Delivering the keynote address, the Managing Director of Starz Marine Limited, Engr. Greg Ogbeifun, commended the Federal Government for the creation of the Ministry of Marine and Blue Economy, describing it as a strategic step towards unlocking the full potential of the maritime sector.
Earlier in their goodwill messages, shipyard owners in Nigeria expressed willingness to collaborate with NIMASA to curb capital flight and build local capacity within the sector.
Overall, stakeholders at the meeting expressed strong support for NIMASA’s renewed drive to support shipyard operators and deepen local shipbuilding capacity.
The Agency’s renewed focus on shipyard development aligns with the provisions of the NIMASA Act, 2007, which mandate the Agency to promote maritime safety, shipping development and capacity building within Nigeria’s maritime industry.
Customs
KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

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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Commentaries
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