Headlines

Oyetola angry over foreign dominance in fishing industry

—- as he commends NIMASA management over achievements in maritime sector.

The Eyewitness Reporter

The Minister of the Marine and Blue Economy, Adegboyega Oyetola, has expressed dissatisfaction over the continued dominance of foreigners in the fishing sector of Nigeria’s economy.

The minister, who was on a working visit to the Nigerian Maritime Administration and Safety Agency (NIMASA) Tuesday, disclosed that the sad development has rubbed the country off the opportunity of making fortunes out of the fishing sector which would have earned Nigeria the scarce foreign exchange.

Oyetola, who toured the NIMASA facilities to have first-hand information on the activities of the agency, lamented that despite the huge potential in the fishing sector, Nigeria is still being regarded as a net importer of fish.

He however vowed to reverse the trend.

“According to the National Bureau of Statistics (NBS), the fisheries sector contributed 1.09% of the country’s total GDP in the year 2020 and 0.9% in the Q3 of 2021.

“We are regarded as a net importer of fishery products. But we are determined to change the narrative by putting in place measures to make Nigeria a major player in that regard”.

He stated that tackling illegal, unreported and unregulated (IUU) fishing, harnessing marine tourism, safety and security are top of the agenda of his administration as Minister of the newly created Ministry of Marine and Blue Economy.

The Minister said the time has come for Nigeria to fully harness its vast potential in the maritime sector, noting that the working visit was to ascertain and properly appraise the situation of things with a view to taking practical steps and measures towards addressing them.

In his words, “Today, we have come to see some of the things you told us in Abuja and to properly appraise the situation of things with a view to taking practical steps towards addressing them.

“I am particularly interested in the NIMASA Modular Floating Dock because of its potential to generate employment and stem capital flight.

” But we must find a way of ensuring stakeholders’ buy-in, in whatever we do so that we are seen to be working together for the growth and development of Nigeria”.

Speaking further, the Minister noted that it was time for Nigeria to float a National Carrier, stressing that through a Public-Private-Partnership (PPP) arrangement, and the support of stakeholders, such a plan would be achieved in the interest of the maritime industry and Nigeria as a whole.

The Minister averred that management of the resources of Nigeria’s Marine and Blue Economy entailed proactive, smart and strategic thinking.

He called for the rediscovery, harnessing and packaging of the nation’s maritime resources, including seafood, in line with all associated international standards and specifications.

The Minister, who bemoaned foreign dominance of the fishing industry, assured that under his watch, it will no longer be business as usual.

Oyetola stressed that the safety and security of the maritime corridors of Nigeria was a priority area in his agenda for the ministry, noting that without safety and security, there can never be a meaningful achievement in the industry.

He added that with the rich endowments of her marine and blue economy, Nigeria had no justification not to develop marine tourism, which is a revenue-spinner for most countries, especially at the period when diversification of the economy from oil was sacrosanct.

According to him, “Nigeria makes up about 853 kilometres of the estimated 47,000 kilometres of coastline in Africa. Nigeria has one of the largest wetlands in the world, with its coastal and marine ecosystems covering a total of 70,000 square kilometres.

“There are countries around the world that rely solely on earnings from the tourism sector. Here in Nigeria, we also have what it takes to attract tourists to the waters.

” Therefore, we shall be developing the infrastructure in cities and towns that are lake or coastal-facing for this purpose”.

The Minister commended the Management of NIMASA under the leadership of Dr. Bashir Jamoh, for his grit and determination in ensuring that the Agency fulfils its mandates.

He noted that he had full confidence in the capabilities and dedication of the Agency’s management, and stated that he looked forward to witnessing the continued success of NIMASA in shaping the future of the country’s maritime sector, reiterating that together, a thriving marine and blue economy that benefits everyone can be actualised.

Jamoh, in his opening remarks, had welcomed the Minister to the Agency, declaring that his appointment was unique and timely.

The DG noted that the uniqueness of the Minister’s appointment was based on the industry and stakeholders’ clamour for independence, and the magnanimity of the President of the Federal Republic of Nigeria, His Excellency, Bola Ahmed Tinubu, to create the Ministry of Marine and Blue Economy, showed that the President was a listening leader.

During the visit, he also inspected the NIMASA Command, Control, Communications, Computers, and Intelligence, C4i centre, NIMASA e-library, the Global Maritime Distress and Safety System (GMDSS) radio room, Marine Environment Management Laboratory, the newly acquired NIMASA headquarters, Search and Rescue Base Clinic and the NIMASA Skill Acquisition Centre in Apapa.

Headlines

NIWA partners ICPC to strengthen internal transparency in its operations

Gloria Odion, Maritime Reporter

The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational system and enhancing collaboration with key stakeholders as part of efforts to boost efficiency and accountability.

Speaking at a post event Press Conference at NIWA Headquarters Lokoja, the Acting Managing Director, Umar Yusuf Girei, while answering questions from journalists stated that, the organization convened a two -day Executive and Anti-Corruption training with the theme “Strengthening Integrity and Revenue System in Inland Waterways Management” organized for Board Members, Management and Area Managers and also 2026 NIWA Management Retreat in Abuja.

The Acting MD noted as part of the Renewed Hope Agenda of President Bola Ahmed Tinubu,with the support Adegboyega Oyetola, Minister of Marine and Blue Economy, the Authority is focused on aligning institutional goals in ensuring better service delivery to Nigerians.

He further said, as part of its anti-corruption drive, the Management held discussions with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to explore measures for strengthening transparency within its operations.

Girei therefore, assured staff that the ongoing reforms under his watch would translate into improved service and better working conditions.

“NIWA remains committed to continuous improvement and stakeholder engagement and the reforms are expected to enhance both internal performance and public confidence”. he stated.

Headlines

Navy appoints new Maritime Guard Commander for NIMASA

Gloria Odion, Maritime Reporter

The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment of Commodore Reginald Odeodi Adoki as the Commander of the Maritime Guard Command at the Nigerian Maritime Administration and Safety Agency (NIMASA).

Commodore Adoki takes over from Commodore H.C Oriekeze who has been redeployed.

Commodore Adoki, a principal Warfare Officer specializing in communication and intelligence, brings onboard 25 years experience in the Nigerian Navy covering training, staff and operations.

As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada.

It was under his command that NNS Kada under took her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.

He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics.

He has since earned a Masters in International Law and Diplomacy from the University of Lagos and an M.Sc in Terrorism, Security and Policing at University of Leicester, England.

He is currently pursuing a Ph.D in Defence and Security Studies at the National Defence Academy (NDA).

He is a highly decorated officer with several medals for distinguished service.

Welcoming the new MGC Commander to the Agency, the Director General, Dr Dayo Mobereola, expressed confidence in Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.

The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA strengthen operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.

Customs

Customs collects N1.585 trillion from 51 compliant traders under AEO programme

Funso OLOJO, Editor

The Authorized Economic Operator (AEO), one of the trade facilitation tools introduced by the Nigeria Customs Service in 2025, has begun to yield bountiful harvests with the revenue growth of ₦362.79 billion recorded in 2025.

According to the AEO scorecard released by the Service, the facilitation tool grossed the sum of N1.585 trillion after certification, an increase revenue from N1.222 trillion before certification.

This represents the growth of N362.79 billion(29.68 per cent) for 51 AEO – certified entities as at October, 2025.

The Programme, according to the NCS, also contributed 21.77% to its total revenue collection of ₦7.281 trillion in 2025, while customs duties paid rose by 85.66% due to enhanced compliance and increased volumes of legitimate trade.

According to AEO Monitoring and Evaluation (M&E) Report, the Programme achieved an average compliance rate of 85.45 per cent with the highest at 100 per cent and the lowest at 60 per cent.

“The evaluation applied rigorous methodologies to ensure objectivity, transparency, and alignment with the World Customs Organisation (WCO) SAFE Framework of Standards and the provisions of the Nigeria Customs Service Act, 2023.

“In the area of trade facilitation, AEO participation reduced average cargo clearance time from 168 hours to 41 hours, representing a 75.60% time saving.

“Company operating costs declined by 57.2 per cent while demurrage payments dropped by 90 per cent, limiting capital flight to foreign-owned port service providers and strengthening foreign exchange retention.

” Overall trade efficiency improved by 77.11 per through digitalisation, simplified procedures, and targeted risk management” the Customs declared in the AEO scorecard.

However, the Service singled out with Eight companies for commendation due to their integrity and compliance under the programme.

The companies include Coleman Technical Industries Limited, WACOT Rice Limited, ROMSON Oil Field Services Ltd, WACOT Limited, Chi Farms Ltd, CORMART Nigeria Ltd, PZ Cussons Nigeria Plc, Nigerian Bottling Company Limited and MTN Nigeria Communications Plc.

The Service lauded them for a cumulative voluntary remittance of over a billion naira into the Federation Account following their self-initiated transaction review and disclosure.

“These actions reflect the strengthening of post-clearance audit mechanisms and a growing culture of voluntary compliance within the trading community.

Nevertheless, the Service suspended a firm under the programme for its non- compliance and display of lack of integrity.

The suspended firm engaged in false declaration of consignments contrary to programme obligations.

“Consequently, the Comptroller-General of Customs, Bashir Adewale Adeniyi, directed the immediate suspension of the company’s AEO status in accordance with the AEO Guidelines, the WCO SAFE Framework of Standards, and Section 112 of the Nigeria Customs Service Act, 2023.

The NCS reiterated that the AEO Programme is founded on trust, transparency, and continuous compliance.

“While compliant operators will continue to benefit from expedited clearance and reduced inspection, appropriate sanctions will be applied where violations are established.

“The Service remains resolute in safeguarding national revenue, facilitating legitimate trade, and preserving the integrity and global credibility of Nigeria’s AEO framework” the NCS concluded in the report.