Politics
Gbajabiamila Advises Against Over-Regulating Maritime Industry
Speaker of the House of Representatives, Femi Gbajabiamila, yesterday advised against ‘over-regulation” of the maritime industry.
Gbajabiamila gave the advice in Abuja at the opening of a public hearing on five bills organised by the House of Representatives’ Committee on Maritime, Safety, Education and Administration.
The bills are Merchant Shipping Act (Repeal & Enactment) Bill 2021 (HB.1602) and Nigerian Maritime Administration and Safety Agency Act (Repeal and Enactment) Bill 2021 (HB.1476)
Others are Coastal and Inland Shipping (Cabotage) (Amendment) Bill 2020 (HB.77 8), the Maritime Development Bank of Nigeria (Establishment) Bill (202?) (HB.531) and the Nigerian Maritime Administration and Safety Agency Act (Amendment) Bill 2021 (HB. 1471)
Gbajabiamila said that the Bills seek to reform and reorganise the nation’s maritime transportation industry fundamentally.
The overall objective, he said, is to ensure that the sector operates optimally.
“It is to make it more attractive to investors and better suited to meet the needs of the people who rely on the maritime industry in various ways.
“Over the last 20 years, there have been repeated efforts by the National Assembly to advance legislation to improve the operations of the industry.
“In fact, these Bills under consideration today were first enacted within the lifetime of this republic. These efforts at reform will continue even after these Bills become law.
“They will continue because as Nigeria continues to diversify our economy away from overreliance on income from the sale of fossil fuels, the shipping and maritime transportation industry represents a significant untapped resource.
“We have an obligation to advance policies and legislation to unlock the potential in that sector and maximise the potential economic benefits to the Nigerian people.
“I have long believed and expressed that the primary role of government as it relates to private industry is to facilitate the conditions that allow private capital to thrive through investment and innovation.
“In performing this role, we must be wary of over-regulation. We must be careful not to over legislate in ways that become inimical to our objectives of advancing the growth and prosperity of the industry,” he said.
Earlier, the Chairman of the committee, Rep. Linda Ikpeazu, said that the hearing is to deliberate on critical maritime sector bills referred to the Committee, by the House-in-plenary.
She said a fruitful deliberation was incomplete without the active participation and engagement of stakeholders and experts in the sector, hence the hearing.
The lawmaker said that Nigeria, by any standard, was well endowed by ocean coastline, rivers and a rich marine bio-diversity.
She said that the fact that the marine pedigree has not translated into a vibrant maritime industry has remained a paradox to all.
“Not only are we focused on making the maritime sector a key alternative source of revenue and economic growth to our dwindling oil resources.
“We are also poised to develop a prosperous blue economy for our nation, akin to similar successes in other maritime nations around the world.
“The fact that our marine pedigree has not translated into a vibrant maritime industry has remained a paradox to all.
“As parliamentarians charged with legislating, over sighting as well as representing the sector, we are poised to reverse this trend.
“It is in this light that this public hearing is very important. It is an avenue to tap into the views and obtain inputs of both operators and regulators, whom in any case will be at the receiving end of their implementation, and other sector experts,” she said.
Alhaji Abubakar, who is also the 2027 presidential candidate of the African Democratic Congress (ADC), stressed that Chief Obasanjo’s latest public outburst against him is yet another failed attempt to rewrite history.
Alhaji Abubakar specifically said that if the true history of Chief Obasanjo’s political journey is ever written—free from selective recollection and personal bitterness, he (Atiku) would feature prominently as one of those whom God used to change the course of his (Obasanjo) life and political career.
These were contained in a statement the Senior Special Assistant on Public Communication to the former Vice President, Mr Phrank Shaibu, released in which Atiku said he watched the former President’s interview with profound sadness, but not anger, because it reflected the disposition of a man who has allowed personal resentment to cloud historical truth.
Alhaji Abubakar said the genesis of Chief Obasanjo’s hostility towards him is well known to Nigerians, stressing that he is proud that he stood against the third-term agenda and stood by the constitution of the Federal Republic of Nigeria.
In the words of Alhaji Abubakar: “I have no apology whatsoever for frustrating every attempt to subvert our democracy for personal ambition. If Chief Obasanjo’s bitterness stems from my refusal to support an unconstitutional third term, then I wear that resentment as a badge of honour.
“No individual, regardless of his status or accomplishments, is bigger than the Federal Republic of Nigeria. The Constitution is supreme, and I chose Nigeria over personal loyalty”.
Alhaji Abubakar noted that the struggle against the third-term agenda was never about two individuals, but about preserving Nigeria’s constitutional democracy for future generations.
He said: “The Nigerian people won that battle. Democracy won that battle. History has already delivered its verdict. It Is therefore unfortunate that the same man whose unconstitutional ambition was resisted now seeks to sit in judgment over those who defended the Constitution”.
The ADC Presidential candidate said it was particularly instructive that barely twenty-four hours before Chief Obasanjo’s latest outburst, the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, publicly paid glowing tribute to the economic management team he led, describing it as “the best Nigeria has ever had”.
“Whether or not the timing is merely coincidental is for Nigerians to judge. What is beyond dispute, however, is that while distinguished Nigerians who served at the highest levels continue to acknowledge my contributions to one of Nigeria’s most successful periods of economic management, Chief Obasanjo appears determined to diminish them.
“Chief Obasanjo may choose not to appreciate my role in building one of Nigeria’s most prosperous economic eras, but history has been far kinder. The record speaks for itself, and so do the testimonies of those who worked closely with that administration,” he said.
Alhaji Abubakar further stated that Nigerians also deserve to remember the other side of history which Chief Obasanjo conveniently omits, saying: “History records that while Chief Obasanjo was in prison, I stood firmly by him. I supported his family, worked tirelessly with other patriots for his release and never wavered in my belief that he deserved his freedom”.
He further said: “When he eventually regained his freedom, he had little to his name. I received him, clothed him, ensured he was properly cared for and extended every support necessary to help him regain his footing.
“Beyond that, I mobilised political structures, built alliances and made enormous personal and political sacrifices that culminated in his emergence as President of the Federal Republic of Nigeria”.
Alhaji Abubakar, however, said he harbours no regrets over any of those acts.
According to him: “Do I regret helping Chief Obasanjo? Absolutely not. When God gives you the opportunity to lift another human being, you do so without expecting repayment. Acts of kindness are matters of conscience, not commercial transactions”.
He added, however, that gratitude should never be replaced with revisionism.
Alhaji Abubakar particularly expressed disappointment that, at a time when Nigeria is battling economic hardship, mass unemployment, insecurity and widespread despair, a former President would devote so much energy to recycling old grudges instead of contributing solutions to the country’s challenges.
In the words of Atiku: “The 2027 election should be about rebuilding Nigeria, restoring security, reviving the economy and giving hope to the next generation—not reopening old political wounds”.
The former Vice President said he had deliberately maintained restraint over the years out of respect for the office Chief Obasanjo once occupied and in deference to the relationship they once shared.
He said: “That restraint should never be mistaken for weakness or docility. There comes a point when silence in the face of repeated distortions of history ceases to be a virtue. While I have no desire to engage in a public quarrel with a man I once stood beside in his most difficult moments, neither will I permit falsehoods, half-truths and calculated attempts to rewrite history to go unanswered.
“Chief Obasanjo is entitled to his opinions. He is entitled to his personal grievances. What he is not entitled to, are his own facts,” Alhaji Abubakar insisted.
The ADC presidential candidate reaffirmed that his attention remains firmly fixed on Nigeria’s future.
According to him; “I have chosen the path of service over resentment, vision over vendetta and national renewal over personal recrimination. Those who mistake my civility for capitulation, or my restraint for weakness, make a grave mistake.
“History is stubborn. It cannot be rewritten by bitterness, nor erased by repeated falsehoods. In the end, history will render its verdict—and so will the Nigerian people,” he stated.
According to the electoral umpire, campaigns for the presidential and National Assembly elections will commence on August 19, 2026, and end on January 15, 2027, exactly 24 hours before the elections scheduled for January 16, 2027.
INEC also announced that campaigns for governorship and State Houses of Assembly elections will begin on September 9, 2026, and conclude on February 5, 2027, ahead of the polls slated for February 6, 2027.
The commission explained that the campaign schedule complies with the Electoral Act 2026, which stipulates that electioneering activities must not begin earlier than 150 days before an election and must end at least 24 hours before voting.
INEC urged political parties, candidates and other stakeholders to strictly adhere to the approved timetable and conduct their campaigns in accordance with the law, while encouraging the public to obtain electoral information only from its official communication channels to avoid misinformation.