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Lekki Seaport To Boost Non-Oil Revenue – NEPC

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Following the commissioning of the World Class Lekki Seaport in Lagos, Nigerian Export Promotion Council (NEPC) says the Deep Seaport would boost Nigeria’s non-oil export.
Executive Director and Chief Executive officer, NEPC, Dr Ezra Yakusak, said the development came on the heels of tremendous performance recorded in the non-oil export sector in 2022.
A statement signed by the Head, Corporate Communications, NEPC, Ndubueze Okeke, quoted Yakusak as saying that the seaport would further ease the perennial congestion at the Apapa Ports.
“This development comes on the heels of the tremendous performance recorded in the non-oil export sector in 2022 in which the sector recorded a significant result of 4.820 billion dollars in 2022, representing an increase of 39.91 per cent over 2021.
“The Lekki Deep Sea Port will not only provide jobs, directly and indirectly along the value chain, but will further ease the perennial congestion at the Apapa Ports and thereby enhance the export drive of the country”.
“It will also guarantee seamless trade facilitation in West Africa”.
“Having been designated a Customs port, all is now set for commercial vessels to berth and clear cargo at the port, which is reported to be the country’s first Deep Sea Port and first fully automated as well,’’ Yakusak said.
He explained that the Lekki sea port, domiciled within the Lekki Free Trade Zone (LFTZ), would further create an enabling environment for business and commercial activities to thrive.
According to Yakusak, this is particularly for the export of Nigerian products as it will play a strategic role in promoting international trade and sustainable economic growth for the country.
“The commissioning of the Lekki Deep Seaport is strategic and very key to the development and promotion of export trade.
“Indeed, it will ease the supply chain constraints and enhance logistics given the vital role of logistics in facilitating the transportation of goods to the international market.
“It is also a major source of foreign exchange earnings,” he said.
Yakusak said further that about 214 different products ranging from manufactured, semi-processed, solid minerals to raw agricultural products were exported in 2022.
He also said 19 exit points were used, with Apapa Port recording the highest tonnage of exports.
Yakusak commended President Muhammadu Buhari for providing the political will to execute the project in collaboration with other stakeholders.
The CEO, NEPC, said the project was expected to add about 361 billion dollars to the economy.
The LEKKI seaport, he said, is a joint venture between the Nigerian Ports Authority (NPA) and the Lagos State Government, Tolarams Group (owners of the Lagos Free Zone), and China Harbour Engineering Company.

BY: Stories by Chinedu Wosu

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Customs Boss Bags FiBO Award, Reaffirms Support For Media Growth 

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The Nigeria Customs Service (NCS) has reaffirmed its commitment to supporting media growth and development as a critical tool for effective dissemination of government policies, especially as Nigeria pursues its $1 trillion economy target by 2030.
The Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, PhD, stated this at the 2026 Annual Conference of the Finance and Business Online Publishers Association (FiBOP) held at Lekki, Lagos.
Adeniyi, who was represented by the Deputy Superintendent of Customs, Lagos Free Trade Zone Command, Abdulgany Oloro Usman, said the media has a vital role in ensuring government policies are well communicated to the public.
Also speaking at the event, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, who was represented by his Special Assistant on Revenue, Dr. Olufemi Olarinde, urged media practitioners to shun sensationalism and partner with government in communicating accurate economic data.
According to Oyedele, public trust is strengthened when citizens clearly understand government actions, the rationale behind them and the metrics for measuring progress.
“Enough of sensational news. Government must provide timely information, welcome constructive scrutiny, and explain its decisions transparently,” the Minister said.
Highpoint of the event was the conferment of the *”Transformative Reforms and Leadership Excellence” Award* on the Customs Comptroller-General, Bashir Adeniyi, by FiBOP.
The award recognises Adeniyi’s exceptional stewardship which has catalysed a paradigm shift in Nigeria’s trade and border management landscape, particularly in trade facilitation, institutional transparency, technological innovation and modernisation of the Service.
The Association noted that since assuming office, Adeniyi has transformed the Service from a traditional revenue collector into a modern, globally compliant trade facilitator through dismantling of bureaucratic bottlenecks, streamlining of cargo clearance procedures, and championing the Authorised Economic Operator (AEO) scheme and the Time Release Study (TRS).
It further cited his deployment of non-intrusive inspection technologies, enhanced inter-agency intelligence sharing, intensified anti-smuggling operations and the rollout of the Unified Customs Management System as key achievements that have reduced port congestion, lowered cost of doing business and boosted revenue generation
By: Nkpemenyie Mcdominic, Lagos
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NPERA Tasks  Ibom Maritime Stakeholders On Sector Development 

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The Director-General/Chief Executive Officer of the Nigerian Ports Economic Regulatory Agency (NPERA), Dr Pius Akutah, has announced plans to introduce an Award of Honesty for three cadets of the Maritime Academy of Nigeria (MAN), Oron, annually, beginning from 2027.
Akutah said the initiative was aimed at promoting integrity, ethical conduct and professionalism among future maritime practitioners.
He made the announcement while delivering his goodwill message at the Academy’s 2026 Cadets’ Graduation Ceremony, last week where he congratulated the graduating cadets on successfully completing their academic training.
 The NPERA boss described graduation as the beginning of a new phase of professional development, offering opportunities for career advancement, practical experience and meaningful contributions to Nigeria’s maritime industry.
He encouraged the graduates to approach their careers with dedication, discipline and a commitment to continuous learning as they transition from academic training into professional practice.
He stressed that professional competence must be complemented by integrity and responsible conduct to build a credible maritime industry and sustain public confidence in the sector.
 According to him, the proposed Award of Honesty would promote a culture of integrity among young maritime professionals and reinforce the ethical values required for responsible leadership and professional excellence.
 Meanwhile, the Minister of Marine and Blue Economy, Adegboyega Oyetola, has reaffirmed the Federal Government’s commitment to strengthening maritime education, professional certification and sea-time training.
Oyetola, who was represented by the Permanent Secretary, Mrs Fatima Sugra Mahmood, at the ceremony, also called for stronger collaboration between maritime training institutions and industry operators to prepare graduates for the demands of the maritime industry.
He emphasised the importance of equipping maritime graduates with the requisite professional qualifications, practical experience and industry-relevant skills to enhance their employability and effective participation in the sector.
The Minister also highlighted the need for closer collaboration between maritime training institutions and industry operators to bridge the gap between academic training and professional practice, thereby strengthening the capacity of Nigeria’s maritime workforce.
The ceremony also featured the formal launch of the Academy’s Enterprise Content Management System (ECMS), an initiative designed to improve administrative efficiency, transparency and accountability in the institution’s operations.
The Academy graduated 314 cadets from its National Diploma (ND) and Higher National Diploma (HND) programmes.
By: Nkpemenyie Mcdominic, Lagos
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Maritime Journalists To Host Unity Conference November 

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The Network of Nigeria Maritime Journalists (NNMJ), the umbrella body of all maritime Journalists is set to host its Unity Conference  later this month in Ikeja, Lagos.
The conference would bring together key policymakers, maritime regulators, industry leaders and other stakeholders to examine the future of Nigeria’s maritime sector.
 In a statement jointly signed by Chairman and Public Relations Officer of NNMJ, Elder Dele Aderibigbe and Jerry Aguigbo respectively, the conference, scheduled to commence at 11:00 a.m., will focus on the performance, policy direction and operational efficiency of the maritime industry under President Bola Tinubu’s administration, with particular emphasis on port modernisation, trade facilitation and revenue generation.
 Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Barrister Temisan Omatseye, will chair the conference, while the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, will attend as the Special Guest of Honour.
 Renowned maritime lawyer, Barrister Emeka Akabogu, SAN, will deliver the keynote address at the event, which is themed “Seaport Modernisation, Trade Facilitation and Revenue.”
 The conference is expected to provide a platform for constructive engagement among government officials, maritime professionals and private-sector operators on practical strategies for strengthening Nigeria’s maritime industry and maximising its contribution to national economic growth.
Key areas of discussion will include the modernisation of seaports and the renewal of critical infrastructure, improved trade facilitation, enhanced ease of doing business, revenue growth and measures to curb financial leakages.
 Participants will also examine opportunities for expanding the marine and blue economy, creating employment, strengthening maritime safety and security, and improving the overall competitiveness of Nigeria’s maritime sector.
 The gathering is expected to attract heads of government agencies, managing directors of shipping companies, terminal operators, freight forwarders and other prominent stakeholders across the maritime value chain.
Through the Unity Conference, NNMJ seeks to encourage informed dialogue, strengthen collaboration between public and private-sector stakeholders, and promote policy initiatives that will enhance port efficiency, facilitate legitimate trade, improve revenue performance and unlock the economic potential of Nigeria’s maritime sector.
 The conference is also expected to reinforce the role of the maritime media in promoting accountability, providing informed industry analysis and advancing constructive engagement on policies and reforms affecting the nation’s marine and blue economy.
By; Nkpemenyie Mcdominic, Lagos
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