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Maersk’s suspension of shipping operations through Strait of Hormuz raises anxiety among Nigerian importers 

Attack on vessel in the Strait of Hormuz
Funso OLOJO, with agency report
The on- going hostilies in the Middle East have continued to stifle international trade as most of the shipping companies have suspended voyage through the troubled Strait of Hormuz.
The joint attacks by the military forces of the United States of America (USA) and Israel on the Islamic Republic of Iran, which resulted in the assassination of its Supreme leader, Ayatollah Ali Khomenei and over 40 top military officers of the Islamic country,have put a strain on shipping operations along the busy vessel route of Strait of Hormuz as the Houthis militias, who are sympathetic to Iran, have threatened to attack vessels on the route.
Strait of Hormuz accounts for one third of the world shipping passage while the route accommodates the world largest crude tankers , despite its narrow width.
As a result of the threats, which have raised safety concerns on the vessels, cargos and crews, major shipping lines have halted their operations along the route.
Maersk, the world’s largest container shipping company, has halted passage of cargo vessels through the Strait of Hormuz for “safety” reasons.

“We are suspending all vessel crossings in the Strait of Hormuz until further notice,” the Danish group said in an online advisory.“The safety of our crews, vessels and customers’ cargo remains our key priority,” it said.

Iran’s Revolutionary Guard had earlier announced the Strait’s closure.

Major Middle Eastern oil and gas exporters rely on it to move supplies to international markets while importing nations depend on its uninterrupted operation.
China, one of the biggest destinations of Nigerian importers, make use of the route for import of the crude oil from the Middle East, especially Iran and export of its manufactured goods to the developing countries, especially Nigeria.
This development has raised anxiety among Nigerian importers who expressed concerns over the implications of the disruption on the route one the cost of imports, especially from China.
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Aviation

FAAN resumes toll collection at Airports, adopts hybrid payment method 

Gloria Odion, Reporter
The Federal Airports Authority of Nigeria(FAAN) have resumed collection of toll at all its toll plazas located at the airports in the country, including Murtalar Mohammed International Airport, Lagos.
The toll suspension arose from the chaos which the new cashless payment method introduced by FAAN recently generated which resulted in long queues of motorists at these facilities.
This development has raised public outcry which necessitated the intervention of President Bola Ahmed Tinubu who directed the suspension of the cashless payment system.
However, the Minister of Aviation and Aerospace Development, Festus Keyamo, has directed the resumption of toll collection at all these plazas.
In a press statement by his Special Adviser on Media and Communications, Tunde Moshood, the Minister declared that a hybrid access gate payment should be adopted by FAAN at the toll gates located at the Airports in the country.
“Following the earlier suspension of the full cashless Access Gate payment system as directed by the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu due to the traffic gridlock it created, the Minister of Aviation and Aerospace Development met with officials of the Federal Airports Authority of Nigeria (FAAN) and senior officials of the Ministry.
“After reviewing the initial implementation and the operational challenges observed, the following decisions were reached:
” The Ministry has resolved to engage concessionaires in order to introduce a fully automated or electronic system at all access gates at our airports in order to fully and eventually eliminate cash payments.
” In the meantime, a hybrid payment system that accommodates both cash and card payments will resume at all airport access gates with effect from Friday, March 13, 2026.
” Motorists who already possess FAAN Go Cashless Cards may continue to use them until further notice.
“Other electronic payment options, including POS terminals and other approved digital channels, will also remain available.
“Members of the public and road users are encouraged to obtain and use the FAAN Go Cashless Card as the Authority continues to enhance and fully optimise the cashless payment system.
“This directive restores the previous access  gate payment arrangement whilst the Ministry continues to work on the fully automated or electronic system” the statement concluded.
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Headlines

NPA shines as Outstanding Agency of the Year 2025 at Champions newspaper Awards ceremony 

Funso OLOJO,  Editor 
The Nigerian Ports Authority (NPA) has won another award as the Outstanding Agency of the Year 2025 conferred on the agency by Champions Newspaper at its 2025 Awards ceremony held in Lagos.
Receiving the award on behalf of the Managing Director of the Authority, Dr. Abubakar Dantsoho, the General Manager, Corporate Affairs, Mr. Ikechukwu Onyemekara, described the award as recognition of Danthoso  vigorous leadership in implementing smart initiatives that align with the NPA’s vision to become the Maritime Logistics Hub for Sustainable Port Services in Africa.
The NPA MD highlighted the invaluable support of the Minister of Marine and Blue Economy, Adegboyega Oyetola, which he said has been instrumental in achieving these remarkable successes.
According Dantsoho, some of the key remarkable performances of NPA include sustained port efficiencies, which contributed  to Nigeria’s year-on-year trade surplus of ₦7.5 trillion and ₦6.7 trillion in Q2 and Q3 2025 (per NBS and NESG reports), driven mainly by exports via NPA platforms.
He also mentioned the successful execution of President Bola Ahmed Tinubu’s policy for crude and petroleum product sales in Naira, saving billions in FOREX, enhancing energy security, improving trade balance, and creating jobs.
Others include completion of Nigeria’s membership in the International Port Community System Association (IPCSA), paving the way for the National Single Window (NSW) project, technical guidance enabling a significant rise in transhipment cargo at Lekki Deep Seaport, serving landlocked neighbours and recovering cargo lost to competing ports.
Another achievement made under the leadership of Danthoso was his electorial victory as the President of the Port Management Association of West & Central Africa (PMAWCA), with Dr. Dantsoho also leading PAPC, boosting Nigeria’s diplomatic standing and securing re-admission to IMO Category C.
Champions Newspaper conferred the award in appreciation of NPA’s pivotal role as a leading trade facilitation platform driving national economic prosperity through Nigeria’s maritime endowments.
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Anti-Corruption Group Commends FG on National Single Window Initiative

Gloria Odion,Maritime Reporter 
The Media Anti-Corruption Initiatives (MACI), a leading non-governmental organization(NGO), has applauded the Federal Government’s forthcoming launch of the National Single Window (NSW), a centralized platform designed to integrate all transactions and interactions with public agencies.
In a joint press release, Captain Adamu Mishela (Chairman) and Funso Olojo (Secretary General) emphasized the significance of the NSW as a groundbreaking reform aimed at streamlining trade procedures, enhancing transparency, and strengthening integrity across the public sector.
Originally introduced nearly two years ago by President Bola Ahmed Tinubu, the NSW represents a major fiscal reform intended to boost Nigeria’s competitiveness on the global stage.
Captain Mishela noted that MACI believes the initiative will minimize opportunities for corrupt practices, accelerate service delivery for citizens and businesses, and restore public confidence in government institutions
MACI reaffirmed its commitment to safeguarding public resources, upholding the rule of law, and promoting transparency.
 The organization also expressed readiness to collaborate with government agencies, private sector partners, civil society, and the wider public to ensure the NSW achieves its objectives, mitigates risks, and serves as a strong defense against corruption.
In support of the NSW project, MACI is set to hold a seminar with the theme “Tamper-Proof National Single Window” to ensure that the initiative succeeds where other reforms before it faltered.
This initiative marks a significant step toward building a more open, accountable, and citizen-focused public sector in Nigeria.
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