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‘Blue Economy Potentials Enough To Pay Nigeria’s Debt’

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Director General of Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has said the potentials of the blue economy are enough to pay off the country’s debt and improve its finances if properly harnessed .
This was the highlight of a lecture delivered by Dr. Jamoh at the 7th Annual Bullion Lecture held in Lagos on Thursday.
In his lecture, titled; “Banking on Blue Economy for Nigeria’s Economic Development,” he noted that the greatest obstacle to Nigeria’s Blue Economy is “sea blindness”, a situation whereby people are unaware of the impact of shipping in their daily lives.
He disclosed that people now see shipping as an old-fashioned industry, which is not the case, as it is still depended on and brings in almost 90 per cent of what Nigerians consume, adding that the country is faced with the need for diversification and a move away from the dwindling revenue hitherto generated from the oil sector.
According to him,”There are many aspects to maritime domain awareness, ranging from security to safety, to the health of the marine environment.
“But when it comes to the Blue Economy, all eyes must be on the money. We need to know what we as Nigerians have domiciled in our Economic Maritime Domain.
“Most discussions about Maritime Domain Awareness have centred largely on security. Little wonder that when I assumed office three years ago as the Director-General of NIMASA, we introduced our strategy around the tripod of Maritime Security, Maritime Safety and Shipping Development, known popularly as the TRIPLE ‘S’, but with the recent gains in calming our waters, it is now time for Nigeria to pivot to the Economics of Maritime Domain Awareness, hence the Blue Economy.
“We need to take stock of what is out there in our waters, we need to know what we have in terms of what will create jobs, build coastal communities, grow careers, enhance transportation of humans and cargo, renew and sustain the environment, reduce littoral areas poverty and make our nation competitive by maximizing our comparative oceanic advantages.
“The country had focused on a hybrid economic structure that blends oil with agriculture, but the former remained consistent as growing economic mainstay ahead of the latter over the years.
“Today, the waters provide low hanging fruits to diversify the economy. It is increasingly being accepted that the country’s future lies in the Blue Economy’’.

“Dr. Agbakoba made mention of the debt that the incoming government will inherit. If you look at the blue economy, you will think that it’s child’s play, but it is not. Once we are serious, we can use the blue economy to knock out the debts”.

Jamoh noted that the Federal Government’s policy direction towards economic diversification from oil dependence to blue economy is deliberate because studies have proven the oil industry to be subject to limitations in the face of global demand for environmentally sustainable sources of energy.

He said the country stands to benefit more from her waters, if sustainable steps are taken to harness the many untapped marine potentials for investment and job creation while preventing marine pollution.

The NIMASA boss explained that while many confine their thinking to a blue economy concept that revolves around littoral states where large bodies of waters are found with ports and jetties, the benefits are cascading to none littoral areas like Kaduna and Kano which now have Dry Ports; and Northern based businesses and importers can depend on trans-shipment of cargoes from the seaports to these dry ports.

While listing the five key pillars of the blue economy as sustainability; promoting ocean resources; preservation of the ecosystem; economic growth, as well as improved livelihoods and jobs, he stated that the industry is valued at USD2.5 trillion per annum while 350 million jobs is linked to marine fisheries worldwide.

Similarly, while 34 per cent world’s crude oil production is offshore, aquaculture is the fastest growing food sector providing 50 per cent of fish for humanity.

According to him, in 2012, sea tourism increased by four per cent despite the global economic crisis and constituted nine per cent of Global GDP: nine per cent of global jobs; and generated USD1.3 trillion of the world’s export.

He further listed maritime transportation, fisheries, aquaculture, renewable energy, tourism, climate change, waste management, port development and logistics, shipping, dockyards, marine tourism, dredging, offshore oil & gas exploration and production, renewable energy & biotechnology, and maritime fabrication and construction as key segments of the blue economy.

Speaking further on the inherent opportunities of the blue economy, he urged investors to look in the area of tourism, cargo operations, stevedoring services, warehousing/bonded terminal, haulage, ship building & repairs, ship/cargo surveying, ship management, and tank farms.

Other areas include; packaging, logistics, bunkering services, ship/cargo surveying, ship chandelling, short-sea services, ship brokerage, ship agency, ship finance services, training for shore and ship board personnel, marine insurance services, legal/admiralty services and IT services.

Jamoh stated that NIMASA is driving Nigeria’s blue economy agenda through the following: “Disbursement of Cabotage Vessel Financing Fund (CVFF) USD360 million. Deployment of the Modular Floating Dock. Capacity Building (Seafarers Development Programme) – NSDP. Capacity Building (Maritime Skills) – Maritime Training Institutions (MTIs). Midwifing of Strategic Synergy to further enable ship-owners easily acquire vessels to expand the national fleet through financial investment and cargo support by the Nigerian National Petroleum Company Limited (NNPCL).

“The NNPCL has offered to provide 9 per cent of the 15 per cent CVFF ship-owners’ contribution, thereby lessening the financial outlay on the ship- owners to just 6 per cent contribution.

“Additionally, the NNPCL has committed to providing the much-needed cargo for the vessels to engender the business of coastal shipping, thus creating a win-win partnership that will boost the economy and create employment”.

The Federal Executive approved nationwide wreck removal exercise to clear all underwater encumbrances to make the nation’s water channels safer for vessel navigation.

By: Nkpemenyie Mcdominic, Lagos

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Maritime

NAGAFF Petitions IGP Over Alleged  Maritime Police Harassment

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The 100% Compliance Team of the National Association of Government Approved Freight Forwarders (NAGAFF) has petitioned the Inspector-General of Police (IGP) Tunji Disu over alleged unlawful conduct, extortion, intimidation, harassment and obstruction of trade by officers of the Maritime Police Command operating around Nigerian seaports.
The petition, dated August 14, 2026 and addressed to the Inspector-General of Police at Force Headquarters, Abuja, specifically identified the Lagos Port Complex, Apapa; Tincan Island Port; and other designated port locations, including bonded terminals, as areas where the alleged misconduct is taking place.
The petition was signed by Alhaji Ibrahim Tanko, National Coordinator, 100% Compliance Team, NAGAFF.
NAGAFF described the situation as a growing impediment to trade facilitation and a factor contributing to the rising cost of doing business in Nigeria.
According to the association, freight forwarding practitioners have, over a sustained period, reported and independently observed what it described as a pattern of misconduct involving Maritime Police personnel around the nation’s seaports.
The petition alleged that officers issue container blockage letters to shipping lines and terminals through the Nigeria Shippers’ Council, allegedly demanding payments before release orders are subsequently issued.
It further listed alleged practices including extortion, described as demanding and receiving money or other documents from freight forwarders, drivers and agents as a condition for the release or unhindered passage of cargo.
The association also alleged intimidation and harassment, including verbal abuse, threats, unlawful arrest and detention, seizure of documents and, in some instances, physical assault.
NAGAFF said such activities could obstruct trade facilitation by causing avoidable delays, port congestion and disruption of supply chains, contrary to the Federal Government’s Ease of Doing Business reforms.
It also argued that the alleged unofficial payments and additional charges ultimately increase the cost of doing business, with the burden transferred to importers, exporters and consumers.
In its petition, NAGAFF cited several laws and regulatory instruments which it said underscore the need for clearly defined roles and lawful conduct within the port environment.
The association referenced Sections 4 and 5 of the Nigeria Police Act 2020, the Corrupt Practices and Other Related Offences Act 2000, the Nigerian Ports Authority Act and the Customs Service Act 2023.
It also cited the Federal Government’s Ease of Doing Business Executive Orders and National Action Plan on Business Environment Reforms, as well as constitutional provisions relating to dignity, personal liberty and freedom from discrimination and unlawful obstruction in the conduct of lawful business.
NAGAFF warned that the alleged activities could undermine Nigeria’s trade competitiveness, discourage investment in the maritime and logistics sectors and weaken public confidence in law enforcement institutions.
The association further argued that the alleged conduct was inconsistent with Nigeria’s commitments under the World Trade Organization (WTO) Trade Facilitation Agreement.
The freight forwarders’ body requested the Inspector-General of Police to order an immediate investigation into the allegations and direct the cessation of what it described as unlawful container blockage, extortion, intimidation and harassment by Maritime Police officers at the affected ports.
It also called for the constitution of a joint task force comprising the Nigeria Police Force, Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS) and NAGAFF to monitor and enforce compliance with lawful conduct at the ports.
The association further requested that any officers found culpable after investigation be subjected to appropriate disciplinary action and, where warranted, criminal proceedings in accordance with applicable Police Force regulations and the laws of the Federation.
NAGAFF also asked the police authorities to issue clear guidelines on the lawful scope of Maritime Police engagement at seaports and grant the petitioners an opportunity to be heard with further evidence in support of the petition.
Additionally, it called for a clear distinction between the functions and jurisdictional boundaries of the Maritime Police and the Commissioner of Police, Ports.
The association stressed that it was not opposed to legitimate police operations at the nation’s ports, but insisted that such operations must remain within the law and should not turn legitimate cargo clearance processes into avenues for unlawful financial gains.
“We are not opposed to legitimate police operations at the ports. We only demand that such operations be conducted strictly within the purview of our extant laws, without turning legitimate cargo clearance into an avenue for unlawful financial gains,” the association stated in the petition.
NAGAFF said it remained willing to provide further particulars, documentary evidence and witness accounts to assist any investigation arising from the petition.
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Marine Minister Commends President Tinubu On NPERA Bill Assent

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The Minister of Marine and Blue Economy Adegboyega Oyetola, has commended President Bola Ahmed Tinubu for assenting to the Nigerian Ports Economic Regulatory Agency (NPERA) Bill, 2026, describing the development as a major milestone in the ongoing reform of Nigeria’s maritime sector.
Oyetola said the presidential assent to the legislation would pave the way for the establishment of a dedicated, robust and independent economic regulator for the nation’s ports, capable of promoting transparency, efficiency and competitiveness.
 In a statement posted on his official X account, the Minister expressed appreciation to President Tinubu for what he described as visionary leadership and unwavering commitment to transforming the maritime industry and unlocking the immense potential of the Blue Economy.
 According to Oyetola, the presidential assent is a significant step towards building a globally competitive maritime economy and unlocking the full potential of Nigeria’s Blue Economy.
 “I thank His Excellency, President Bola Ahmed Tinubu, GCFR, for assenting to the Nigerian Ports Economic Regulatory Agency (NPERA) Bill, 2026, paving the way for a dedicated, robust and independent economic regulator for our ports,” Oyetola stated.
He explained that the legislation would provide a stronger legal basis for the regulation of tariffs, charges, competition, licensing and the resolution of commercial disputes within the port industry.
 The Minister noted that the establishment of an independent economic regulator would bring greater certainty, transparency and efficiency to port operations, thereby enhancing investor confidence and improving the ease of doing business in Nigeria’s maritime sector.
 “This landmark legislation will strengthen the regulation of tariffs, charges, competition, licensing and commercial disputes, bringing greater certainty, transparency and efficiency to Nigeria’s port sector,” he said.
 Industry stakeholders have long advocated for an independent port economic regulator to address concerns over arbitrary charges, promote fair competition among operators and ensure a more transparent and predictable business environment.
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Apapa Ports Manager Advocates Woman Involvement In MWP Bootcamp

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The Nigerian Ports Authority (NPA), Lagos Ports Complex Manager, Mr. Debo Lawal, has urged participants at the 6th annual Maritime Writes Project (MWP) Creative Writing Bootcamp to use their voices to promote Nigeria’s maritime and port sector as an industry that embraces inclusion.
Lawal, who was Special Guest of Honour at the Opening of the 2026 bootcamp at the Multi-Purpose Hall, Apapa Port, Lagos, encouraged participants to maximise the opportunity to highlight the growing participation of women in traditionally male-dominated maritime roles.
He noted that there are more than 10 female crane operators in Lagos port, alongside female tugboat pilots and numerous other women working across in the port.
According to him, the growing presence of women in operational and technical positions demonstrates that the maritime sector offers opportunities for women and should be portrayed as an inclusive industry.
Lawal formally opened the bootcamp, which brings together young writers, maritime stakeholders, academics and mentors under the theme, “Voyages Through Chokepoints: Power, Passage and Life at Sea.”
The Head of Faculty for the 2026 edition and Dean, Faculty of Arts, Adeleke University, Prof. Adegbite Tobalase, urged participants to use the bootcamp to develop their individual voices and understand the discipline required to produce original works.
“We welcome you not merely to a training programme, but to a mission: to grow literary talent through maritime storytelling, and to deepen Nigeria’s maritime consciousness through the power of the written word,” he said.
In his goodwill message, the Director, International Ocean Institute-Nigeria Centre (IOI-Nigeria), Mr. Akanbi Williams, commended MWP for combining creative writing with practical exposure to the maritime sector.
The Institute, which has partnered with MWP for five years, urged participants to “observe, listen, question, learn and write,” stressing the importance of looking beyond ships, ports and waterways to the people, communities and livelihoods connected to the maritime environment.
It said storytelling could help communicate maritime knowledge to wider audiences, particularly young Nigerians, while encouraging greater understanding of the sector and the blue economy.
Earlier, the Project Coordinator, Maritime Writes Project, Ezinne Azunna, said the initiative was designed to bridge creative writing and maritime awareness by exposing young writers to the realities of the sector.
She said participants would engage with maritime professionals, facilities and communities, enabling them to develop stories grounded in authentic industry experiences.
The 2026 theme draws attention to the significance of maritime chokepoints to global trade, diplomacy, economics and human activities. Mentorship sessions and facility tours are designed to help participants develop stories based on real maritime experiences.
For returning participants, the impact of MWP extends beyond creative writing.
One of the project’s alumni, Uche Ohiaeri, who returned for the 2026 edition, said her participation in the programme in 2022 transformed her confidence and broadened her interests from creative writing to environmental conservation and community development.
Ohiaeri recalled that she initially joined because she simply enjoyed writing, but the experience challenged her to ask deeper questions about the ocean, the environment and communities connected to them.
She subsequently became involved in conservation activities at her school, where she taught younger students, and eventually wrote her first book.
According to her, the programme gave her the confidence to explore opportunities she had not previously considered and showed her that creative writing could serve as an entry point into wider environmental and civic engagement.
The Maritime Writes Project has previously held sessions in Lagos, Osun an
d Rivers states and has produced three published anthologies featuring 17 stories by past participants.
The organisers noted that African writers remain significantly under-represented in maritime fiction and that MWP is encouraging a new generation of Nigerian writers to explore stories around the ocean, shipping, coastal communities and the blue economy.
 by Nkpemenyie Mcdominic, Lagos
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