Maritime

‘Lekki Port’ll Boost GDP By 200%’

Published

4 years ago

March 28, 2022

A renowned stakeholder in the Nigeria’s maritime industry, Mr Adetokunbo Kayode, has said the Lekki Deep Seaport will boost the nation’s Gross Domestic Product (GDP) by 200 per cent when operational.
Kayode, who is the President, Nigeria Private Sector Alliance, insisted that the Port would also encourage the diversification of the economy.
Disclosing this to newsmen during an interview, he described the Port as one of the biggest in Africa, saying it would be of huge benefit to the nation’s economy.
Kayode, a former Attorney General and Minister of Justice, said upon its completion, the project would result in better efficiency in the import and export of goods in the country.
“Of course, it will also help us to reduce the stress that has been created by Apapa Port, which is a colonial port which we ought to have been done away with 50 years ago.
”But right now, we have this opportunity, this first phase which hopefully should be completed before the end of the year would help to alleviate all the challenges of international trade in Nigeria.
“The main aim of government is to diversify the economy which includes expanding your export trade.
“So, this new Port will help greatly to increase the opportunity for enhancing our export business, especially in a volumetric business like agriculture and mining.
“Right now, we do very minimal solid mineral export, which is just a shame but with this opportunity and other policies coming into place.
“It will help proper development of the mining industry, the beneficiation industry as well as the processing industry for minerals and agricultural products and we will be able to ship things out”, he said.
Kayode continued that the port has the potential to increase Nigeria’s GDP by almost 200 per cent because it will open doors for people to do business and help the nation benefit from the gains of the African Continental Free Trade Area.
“You know Nigerians are not lazy people, it’s just that there is this disconnect between government and the private enterprise.
“So, with this continued efforts of government to enhance this very important cooperation between the private and the public sector, we can do a lot more”, he stated.
Kayode, therefore, urged the Federal Government to profer solutions to the challenges of a good road network and rail connectivity to the port for better service delivery of the project.
Also Speaking, Managing Director, Nigerian Export Processing Zone Authority (NEPZA), Prof. Adesoji Adesugba, said the Lekki Port could accommodate the biggest vessel in the world, and create jobs for thousands of Nigerians.
“We are going to have thousands of Nigerians working here as the effect on the GDP will be awesome.
”The location of the port here is going to open doors for those who want to have their factories and production centres around the Lagos Free Zone.
“The effect of this is that Nigerian goods will be competitive. Companies will be able to employ more Nigerians rather than go outside to employ foreigners”, Adesugba said.
Earlier, the Executive Secretary, Nigerian Shippers Council (NSC), Mr Emmanuel Jime, said the Lekki Port would boost other ancillary businesses in the country.
“It means that the economic imperative in terms of profit making will also quadruple because the more business that you do the less costly it is to do that business as well.
“We are moving away from the kind of gridlock that we had in Apapa and Tin-can and I’m happy to be part of history of this event”, he said.

Maritime

CILT Nigeria Seeks Anti- graft Agency Collaboration

Published

2 weeks ago

April 27, 2026

The Tide

The Chartered Institute of Logistics and Transportation, CILT has sought collaboration with the Economic and Financial Crimes Commission, EFCC towards enhancing interconnectivity through a multimodal logistics and transportation system that involves the rail, road, sea, motorways and pipelines.

The request was made last week when the President and chairman of Council, CILT, Dr. Boboye Oyeyemi, led other executives on a courtesy visit to the Executive Chairman of EFCC, Ola Olukoyede at the Commission’s corporate headquarters in Jabi, Abuja.

“We can collaborate with the EFCC in terms of advocacy. When I’m talking of advocacy, I’m talking about the issue of the transport and logistics sector.

“We can have anti-corruption awareness within the transport sector. Another key issue has to do with professional ethics and training. We believe that we can collaborate with EFCC in the area of public transport as regards to integrity programmes for industry professionals and also research policies addressing logistics vulnerabilities in financial crimes,” he said.

He also identified logistics and supply chain expertise as another area of collaboration with the EFCC.

According to him, “There’s no way you can conduct an investigation without bumping into the issue of logistics and transportation. We believe that we can look into this and offer professional memberships to your members of staff at different levels.

“We believe if they are members of the institute, it will lessen the cost of your investigation.

“In our Academy, We can also offer to deliver lectures in this area to enhance professionalism. So, before your Cadets pass out from the Academy, members of the Institute can make lectures to be delivered in the areas of logistics and transport so as to enhance their professionalism.

“,At the end of the day, they will have professional certificates and also have enhanced capacity to investigate the issues of logistics and transportation.”

He blamed the delay in the clearance of goods in Nigerian seaports to logistical inadequacies.

“There’s so much serious problem in logistics in Nigeria, so many duplications. And it’s not giving Nigeria a good image. You are talking about bringing investors.

0″I don’t want to bring investors if it would take weeks to clear their goods,” he said.

By: Nkpemenyie Mcdominic, Lagos

Maritime

Nigeria Customs, Malaysia Strengthen Bilateral Agreement ….As Trade Hits 1.82tr in 5 Years

Published

2 weeks ago

April 27, 2026

The Tide

The Nigeria Customs Service (NCS) has advanced its strategic engagement with the Royal Malaysian Customs Department (RMCD).

This followed an official visit by the Comptroller-General of Customs, Bashir Adewale Adeniyi, to the RMCD Headquarters on the sidelines of his participation at DSA Malaysia 2026.

The engagement comes against the backdrop of expanding bilateral trade, with Nigeria’s imports from Malaysia increasing from NGN 159.9 billion in 2020 to NGN 716.0 billion in 2024, and cumulative trade value reaching approximately NGN 1.82 trillion over a five-year period.

The Nigeria customs boss was received by the Director-General of the Royal Malaysian Customs Department, Dato’ Haji Amran bin Haji Ahmad, whose appointment in March 2026 reflects a strong reform-oriented leadership in enforcement and regulatory administration.

Both leaders held high-level discussions focused on institutional collaboration, customs modernisation, and coordinated border management frameworks to strengthen efficiency and regulatory integrity.

The Comptroller-General emphasised that the scale and trajectory of Nigeria–Malaysia trade relations necessitate a more structured and formalised customs-to-customs partnership.

He noted that Malaysia remains a significant trading partner to Nigeria, with key imports including crude palm oil, refined palm olein, jet fuel, food preparations, machinery, and other industrial inputs.

He further underscored the critical role of customs administrations in facilitating legitimate trade while safeguarding national economic and security interests.

Both administrations acknowledged the absence of a formal legal framework guiding bilateral customs cooperation despite longstanding trade relations.

To address this gap, both parties agreed to initiate processes toward establishing a Mutual Recognition Agreement under the framework of the World Customs Organisation (WCO), to be pursued through appropriate diplomatic channels.

This initiative is expected to provide a structured basis for cooperation, enhance mutual trust, and support reciprocal trade facilitation measures.

The engagement also provided an opportunity for the Royal Malaysian Customs Department to present its evolving border management architecture, including the establishment of the Malaysian Border Control and Protection Agency (AKPS) as an integrated frontline border control body.

In his aresponse, the Comptroller-General highlighted the Nigeria Customs Service’s Authorised Economic Operator (AEO) programme and other trade facilitation frameworks designed to ensure predictable clearance processes, reduce transaction costs, and strengthen compliance.

Both sides emphasised the importance of deeper collaboration in intelligence sharing, enforcement coordination, and technology-driven border management, particularly in addressing illicit trade and transnational trafficking.

To this end, the NCS reiterates its commitment to strengthening bilateral and multilateral partnerships as part of its broader modernisation agenda.

The Service noted the outcome from this engagement will enhance operational capacity, improve trade facilitation, and reinforce border security, while supporting Nigeria’s economic growth objectives.

As part of ongoing efforts to deepen institutional collaboration, the Comptroller-General also used the opportunity to visit the Nigerian Diplomatic Mission and Defence Office in Malaysia, commending their roles in advancing Nigeria’s interests and supporting nationals abroad.

By: Nkpemenyie Mcdominic, Lagos

Maritime

Customs Deploys Seven Patrol Vessels, Boost Waterway Anti-smuggling

Published

2 weeks ago

April 27, 2026

The Tide

The Nigeria Customs Service NCS has deployed seven operational patrol vessels to Western Marine Command to combat smuggling and other maritime crimes

The vessels, comprising two gunboats and five logistics boats, were officially handed over to the Command recently, increasing its fleet to significantly enhance patrol coverage and rapid response capacity within its area of responsibility.

Speaking during the handover ceremony, Comptroller of Western Marine Command, Patrick Ntadi, said the deployment reflects the Service’s strategic commitment to strengthening enforcement across critical maritime corridors.

“These assets are a clear demonstration of our resolve to secure Nigeria’s waterways against economic sabotage and transnational crimes.

“We are not only expanding our operational capacity but also ensuring that our officers are better equipped to respond swiftly and effectively,” he said.

Ntadi described the expanded fleet as a major boost to ongoing anti-smuggling operations, noting that it addresses previous logistical challenges and strengthens deterrence along key waterways.

“The fight against smuggling is dynamic, and we must remain proactive.

“This deployment, alongside continuous training and inter-agency collaboration, will significantly improve our enforcement outcomes and protect national revenue,” he added.

To support the effective deployment of the vessels, officers of the Command recently underwent an intensive training programme conducted by SEWA Africa Ltd, the contractor responsible for the boats.

The training focused on handling techniques, safety procedures, and operational efficiency.

Representative of SEWA Africa Ltd, Steven Okitiape, explained the training was designed to enhance both competence and safety among officers.

“This training serves as both a refresher and a capacity-building initiative, ensuring that officers can maximise the performance of these vessels while maintaining the highest safety standards,” he said.

By: CHINEDU WOSU