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Oyetola seeks to deepen $214m Deep Blue Project for enhanced security architecture of Nigeria’ s waters

Funso OLOJO, Editor 
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has submitted a proposal to the Federal government, seeking its approval to deepen and expand the highly- successful multi- million dollar Deep Sea Project.
Oyetola explained that the move will further enhance the security architecture of  Nigeria’s waters and sustain the zero piracy record of Nigeria for over unbroken four years.
Making this disclosure on Thursday, April 23rd, 2026 in Abuja, the Minister of Marine and Blue Economy, Adegboyega Oyetola, said the project is a game changer as it has ensured that Nigeria records a consecutive zero piracy incident for over four years.
Oyetola, who was playing host to the
leadership of the Nigerian Economic Summit Group (NESG), revealed that the ministry has already submitted a proposal to the Federal government for approval.
He described the Deep Blue Project as world – acclaimed initiative that has not  only has impact on the security architecture on Nigeria’s waters but resonated to the Gulf of Guinea.
“The project, which integrates air, land and sea assets alongside advanced surveillance systems, has significantly improved maritime domain awareness and response capability, restoring confidence among international shipping lines and investors,” the Minister said.
He said the improved security has had far-reaching economic and social benefits, not only for Nigeria but across the Gulf of Guinea, once regarded as one of the world’s most dangerous maritime corridors.
“Safer waters have led to increased shipping traffic, reduced insurance premiums, enhanced port activity and greater regional trade flows,” he said.
Oyetola said the planned expansion would consolidate these gains, positioning Nigeria as a leader in maritime security in the West and Central African subregion while supporting broader economic growth tied to the blue economy.
On fisheries and aquaculture, Oyetola said the ministry is prioritising the sector as a key driver of food security, job creation and export earnings.
 He disclosed that efforts were underway to reactivate fishing terminals nationwide and provide support for artisanal fish farmers.
“It is no longer acceptable that Nigeria continues to spend huge foreign exchange on fish importation,” he said, adding that the government is determined to end fish imports.
He pointed to a recent increase in local fish production from 1.1 million metric tonnes to 1.4 million metric tonnes in 2025 — the first such rise in a decade — as evidence of progress, while stressing that more would be done to meet domestic demand and tap into export opportunities.
In a major boost for the sector, Dr. Oyetola revealed that the United States had approved Nigeria’s Turtle Excluder Device, a certification that enables Nigerian shrimp exports to access both U.S. and European markets.
He said the development “has unlocked significant foreign exchange earnings, improved the competitiveness of Nigeria’s seafood industry and created jobs along the value chain, from fishing and processing to logistics and export services.”
He assured the NESG of the ministry’s commitment to close collaboration with the private sector to drive reforms and investments across the marine and blue economy sector.
Earlier, NESG Chief Executive Officer, Dr. Tayo Aduloju, commended the ministry for developing a robust National Policy on Marine and Blue Economy, describing it as a critical framework for unlocking the sector’s vast potential.
He noted that the policy provides a structured pathway for sustainable exploitation of marine resources, improved governance, environmental protection and increased private sector participation. According to him, effective implementation of the policy will boost GDP growth, create employment, enhance food security and position Nigeria as a competitive player in the global blue economy.
Aduloju emphasised that the marine and blue economy sector is central to the Federal Government’s agenda of job creation and poverty reduction. He also praised President Bola Ahmed Tinubu for establishing the ministry and pursuing bold economic reforms since taking office in May 2023.
The meeting was attended by the Permanent Secretary of the ministry, Mrs Fatima Mahmood, alongside directors and the Senior Special Adviser to the President on Marine and Blue Economy, Professor Busayo Fakinlede, among other officials.
Founded in 1996, the NESG is Nigeria’s leading private sector-led think tank, providing a platform for public-private dialogue aimed at fostering a globally competitive, inclusive and sustainable economy.
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NRC grants Lagos Government permanent approval to operate Red Line rail services

Funso OLOJO, Editor

The Nigerian Railway Corporation (NRC) has granted final approval to the Lagos State Government to operate two of its rail tracks under the Track Sharing Agreement, paving the way for the full operation of the Lagos Rail Mass Transit (LRMT) Red Line project.

The LRMT Red Line commenced passenger operations on October 15, 2024, with morning and evening peak-hour services following its inauguration by President Bola Ahmed Tinubu.

The permanent approval follows the temporary operating approval granted by the NRC in 2025 under the Track Sharing Agreement with the Lagos State Government.

Presenting the Permanent Operating Licence to the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, June 30th, 2026, the Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa, said the approval confers on the Lagos State Government all the rights and obligations contained in the Track Sharing Agreement.

According to him, the licence also empowers the state to operate rail services in line with international best practices.

Opeifa described the milestone as a testament to the mutual trust, cooperation and shared vision that have continued to define the partnership between the NRC and the Lagos State Government.

“Beyond providing access to the tracks, our collaboration has also included the training and capacity development of the Red Line’s operational personnel, demonstrating the immense value of strong institutional partnerships,” he said.

He commended the Lagos State Government for its confidence in the NRC and its sustained commitment to the partnership.

“I also commend the Government for its remarkable investment in public transportation, particularly in the rail subsector, including the acquisition of adequate rolling stock to meet the growing mobility needs of Lagosians,” he added.

The NRC Managing Director noted that the development of modern rail infrastructure requires foresight, substantial capital investment and sustained political will, qualities he said the Lagos State Government has consistently demonstrated.

Opeifa also urged other state governments across the federation to invest in rail infrastructure and services to complement the Federal Government’s efforts to strengthen Nigeria’s railway network.

According to him, expanding rail transportation nationwide would ease congestion on highways, reduce logistics costs, improve passenger mobility, stimulate industrial and commercial activities, and accelerate national economic growth.

He stressed that rail transportation remains the backbone of efficient mass transit systems in major cities around the world.

“Continued investment in rail infrastructure is essential to providing safe, reliable, environmentally sustainable and high-capacity mobility for our growing population, while significantly reducing pressure on our road network,” he said.

Opeifa reaffirmed the NRC’s commitment to fostering productive partnerships that will transform Nigeria’s transport landscape.

“Together, we will continue to build an integrated, efficient, safe and sustainable railway system that serves the aspirations of all Nigerians,” he concluded.

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NPA unveils multi-agency task force to tackle resurgent port access gridlock

Funso OLOJO, Editor

The Nigerian Ports Authority (NPA) has launched a multi-agency task force to combat the resurgence of traffic gridlock choking the Lagos port access roads, in a fresh push to restore seamless cargo evacuation and sustain recent gains in port efficiency.

The intervention followed a stakeholders’ meeting convened by the Managing Director of the NPA, Dr. Abubakar Dantsoho, on June 23rd, 2026, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate the bottlenecks disrupting cargo movement.

At the meeting, stakeholders identified illegal extortion points, overlapping responsibilities among security agencies and other operational distortions as major factors responsible for the renewed congestion along the port corridor.

Speaking on the outcome of the meeting, the NPA’s General Manager, Corporate and Strategic Communications, Mr. Ikechukwu Onyemakara, said the Authority’s overriding priority is to guarantee the unhindered movement of cargo to and from the nation’s seaports.

According to him, the task force comprises the NPA, the Police, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).

“The responsibility of the task force is to monitor truck movement on the port access roads on a regular basis, identify any disruption capable of causing gridlock and immediately resolve such challenges,” Onyemakara said.

He stressed that members of the task force would not establish checkpoints along the corridor but would maintain strategic presence at designated locations to ensure compliance without obstructing traffic.

To enhance rapid response, Onyemakara disclosed that the task force has created a dedicated WhatsApp platform through which members can instantly report infractions or emerging traffic issues for immediate intervention.

On the long-delayed renewal of the Electronic Truck Call-Up (ETO) system contract, the NPA spokesman said the Authority is reviewing the terms to ensure a more robust contractual framework before awarding a fresh agreement.

He explained that although the previous contract had expired, the ETO platform remains operational under the management of the Truck Transit Parks (TTP) pending completion of the procurement process.

He expressed confidence that the renewal would be concluded soon.

Reaffirming the Authority’s commitment to maintaining free-flowing port access roads, Onyemakara said efficient logistics remain central to the NPA’s drive to improve Nigeria’s port competitiveness and preserve its growing international reputation.

“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said.

“If you look at the international recognition we are receiving, including the World Bank report, we are determined to sustain and even surpass the improvements already recorded in our port system.
“You can be assured that we remain fully committed to achieving the best possible performance from our ports.”

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Customs Steps Up Nationwide Green Tax Awareness Ahead of July 1 Rollout

Funso OLOJO, Editor

The Nigeria Customs Service (NCS) has intensified its nationwide sensitisation campaign ahead of the July 1, 2026 implementation of the Green Tax Surcharge and related fiscal adjustments, aimed at promoting environmental sustainability and encouraging the importation of cleaner vehicles.

The awareness campaign, held on Friday July 26th, 2026 at the Apapa Area Command, brought together Customs officers, licensed customs agents, freight forwarders, importers and other key stakeholders under the theme: “Implementation of the Green Tax Surcharge and Related Fiscal Adjustments.”

Representing the Comptroller-General of Customs, Adewale Adeniyi, the Zonal Coordinator, Zone A, Mohammed Babadende, said the exercise was designed to ensure stakeholders fully understand the policy before its implementation.

“This sensitisation is designed to ensure that every stakeholder clearly understands the policy before implementation. Our objective is to eliminate uncertainty, promote voluntary compliance and guarantee uniform application of the Green Tax Surcharge across all commands,” Babadende stated.

Delivering a technical presentation, the Comptroller in charge of Tariff, System Audit and Coordination, Murtala Muazu, explained that the Green Tax Surcharge is different from conventional fiscal measures and would therefore require a separate assessment process.

He disclosed that the Service has simplified implementation through the HS Code declaration platform to facilitate seamless compliance by importers and clearing agents.

Muazu also revealed that the Federal Government has reduced import levies on vehicles from 20 per cent to 10 per cent, while import duty on used vehicles has been slashed from 15 per cent to five per cent to cushion the impact of the new environmental surcharge.

Area Controllers who participated in the sensitisation urged importers, licensed customs agents and the trading public to embrace the initiative, stressing that the reduction in import levies would lower the cost of doing business, promote legitimate trade and ultimately reduce transportation costs.

Stakeholders welcomed the policy but called for sustained public enlightenment to deepen understanding and ensure seamless compliance ahead of the July 1 commencement date.

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