Maritime

NPA Secures $700m Citibank Loan For Tin Can, Apapa Ports Rehabilitation

Published

2 years ago

April 22, 2024

In a bid to rehabilitate ports across the country, the Nigerian Ports Authority NPA has secured a $700million loan from Citibank to revamp Tin Can and Apapa Ports.
Speaking during the signing of a mandate letter with Citibank Nigeria in Lagos, Managing Director, NPA, Mohammed Bello-Koko, said the agency negotiated a loan of $700million from the Citibank to be funded by the UK Export Finance (UKEF), an export credit agency, to rehabilitate the Apapa and Tin-Can Island ports, Lagos.
He said NPA has opened discussion with another funding agency to secure financing for upgrading of the Eastern Ports including Calabar, Warri, Onne and Rivers Ports, as well as the reconstruction of Escravos breakwater.
Bello-Koko said the mandate letter would be sent to Debt Management Office for final review and approval.
The funds, he continued, are ready and the reconstruction of the Lagos ports will start soon, as the NPA perfects plans to sign another mandate letter for the upgrading of the Eastern ports in about a month.
“In the last two years, NPA has realised the need for us to rehabilitate and reconstruct the ports all over the country.
“We have been having discussions with multilateral funding agencies who have sent various proposals that we have reviewed.
“What we did is to further discussion with interested parties and we realised it is better to separate the ports in Lagos from the ports in the East, and we are in discussion with another funding agencies to fund the construction of ports outside Lagos”, he stated.
The NPA boss further said the Citibank facility was the cheapest for Nigeria because it came with affordable interest rate.

Business

Navy Hands Over Five Suspected Stowaways to NIS

Published

3 weeks ago

June 29, 2026

The Tide

The Nigerian Navy Ship (NNS) Beecroft has handed over five suspected stowaways to the Nigeria Immigration Service (NIS)

The suspects were discovered aboard a merchant vessel, MT Chinafrie Happiness, in an attempted illegal voyage out of the country.

This was contained in a statement issued by Sub Lieutenant A.O. Ajayi, Naval Assistant to the Commander, NNS Beecroft.

The statement said the Handover is part of ongoing inter-agency collaboration aimed at strengthening maritime security, curbing illegal migration, and enhancing safety within Nigeria’s maritime environment.

According to the statement, the suspects were discovered on Wednesday, June 17, 2026, concealed inside the rudder compartment of the vessel while it was berthed at Tin Can Island Port in Lagos.

The five suspects were safely evacuated by Naval Personnel’s and taken to NNS Beecroft for preliminary investigation, profiling, and documentation before being transferred to immigration authorities for further action.

The statement gave their identity as Segun Samuel Boyewa (31), Kingsley Chukwu (43), Joseph Judge (33), Moses Aletor (24), and Abdullahi Danlami (31).

Preliminary findings indicated that the individuals allegedly boarded the vessel while it was docked at Tin Can Island Port with the intention of stowing away to India without valid travel documentation or authorisation.

The statement also noted that stowaway attempts pose significant risks to human life and maritime safety, as individuals often hide in hazardous compartments of vessels under extreme conditions that could lead to injury or death.

The Naval statement warned that illegal boarding of ships remains a serious maritime security challenge and called on parents, guardians, and community leaders to discourage youths from engaging in such dangerous and unlawful acts.

The statement reaffirmed the commitment of NNS Beecroft to sustained maritime security operations in line with the mission of the Chief of the Naval Staff, Vice Admiral Idi Abbas, aimed at maintaining a professional and effective naval force capable of safeguarding Nigeria’s maritime interests and supporting joint operations for national security.

Chinedu Wosu

Business

Navy Nabs 13 Black Sand Miners In Bayelsa –Impound Two Boats

Published

3 weeks ago

June 29, 2026

The Tide

The Nigerian Navy has arrested Thirteen 13 Black Sand miners in Bayelsa state

The Service also impounded two Wooden Boats used for the illegal operations

Director of Naval Information, Capt. Abiodun Folorunsho, said this in a statement issued to Newsmen in Abuja.

Folorunsho said with the operation, the Navy had recorded another operational success in its efforts to curb illegal exploitation of natural resources

According to Folorunsho the operation was conducted by Forward Operating Base (FOB) FORMOSO, following credible intelligence on the movement of boats suspected to be involved in illegal mining activities.

He said the intelligence revealed the boats were operating within the coastal communities of Brass Local Government Area.

“Acting on the intelligence, Naval personnel intercepted the boats at Lekeson and Liama communities, where large quantities of suspected illegally mined black sand were discovered onboard.

“A total of 13 crew members were arrested in connection with the activity,” he said.

The Naval Director of information said that the successful operation underscored the Navy’s commitment to protecting Nigeria’s maritime environment and preventing the illegal exploitation of natural resources that undermine economic development and environmental sustainability.

“The Nigerian Navy remains resolute in sustaining operations against illegal resource extraction and other maritime crimes, while maintaining security and stability within the nation’s waterways,” he said.

Folorunsho also said that the two wooden boats recovered, the black sand and the 13 suspects have subsequently been handed over to the Divisional Police Officer, Nembe Division, for further investigation and possible prosecution.

He said this was done in line with the extant procedures and directives of the Bayelsa Government.

The Naval spokesperson reaffirmed the Navy’s commitment to collaborating with relevant stakeholders and security agencies to safeguard Nigeria’s maritime resources.

Folorunsho assured that it would also ensure that the nation’s waterways remain safe and secure for legitimate economic activities.

CHINEDU WOSU

Maritime

NCS Holds Free Medical Outreach For 2,000 Daura Residents

Published

2 months ago

May 18, 2026

The Tide

The Nigeria Customs Service (NCS) has held its 7th Retreat Medical Outreach in Daura, Katsina State,

Customs said the Free medical outreach is aimed at providing free healthcare services to residents of the area.

Speaking during the event, Deputy Comptroller-General of Customs, Ahmad Tijjani-Abe, said the programme would provide general medical consultations, dental care, eye and ear care, as well as minor surgical operations for beneficiaries.

Tijjani-Abe said medical teams deployed for the exercise would also provide free medications to patients attending the outreach.

He added that the service would visit schools within the area to deworm students and distribute health kits and mosquito nets to help prevent malaria among children.

Also Speaking, Dr Ethelbert Ikechukwu, Medical Team Leader of the outreach said the exercise was part of the initiative of the Comptroller-General of Customs, which had been carried out in different parts of the country over the years.

According to him, the programme is designed to support communities where customs personnel operate by offering free medical consultations and medications to residents.

Ikechukwu further explained that patients whose conditions could not be fully managed at the outreach centre would be referred to appropriate medical facilities for further treatment.

Ikechukwu urged members of the public to take advantage of the exercise, noting that the medical teams comprised highly qualified healthcare professionals.

The outreach targets about 2,000 patients across various areas of medical care.