Maritime
FG Pledges Strengthened Trade Integration … To Expand Industrial Capacity
The Federal Government has pledged to strengthen Nigeria’s trade integration agenda, expand industrial capacity, and mobilise investments to support sustainable growth across African.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave this assurance when he joined global leaders at the Intra-African Trade Fair (IATF) in Algiers.
A statement from the ministry, weekend, described the gathering as “a critical gateway to unlocking new opportunities across the continent.”
Edun held meetings on the sidelines of the Fair with the President and Chairman of Afreximbank, Professor Benedict Oramah, and the Chair of IATF 2025, former President Olusegun Obasanjo.
According to the statement, “Their discussions focused on strengthening Nigeria’s trade integration agenda, expanding industrial capacity, and mobilising investments to support sustainable growth across the continent.”
Day two of the Fair featured the Trade Forum, Arise Industrialization Day, Global Africa Day, and the CANE Auto Forum.
Each of these sessions reflected Africa’s increasing role in shaping global supply chains, deepening intra-African trade, and attracting transformative investments.
Speaking after his engagements, Edun reiterated that Nigeria is committed to reforms that create a competitive and enabling environment for trade and enterprise.
According to him, the policy direction of President Bola Ahmed Tinubu’s administration is designed to position Nigeria as a hub for value-added production and a driving force for the continent’s economic integration.
“Our approach is focused on building a competitive landscape where trade and enterprise can flourish.
“With President Tinubu’s reforms, Nigeria is not only opening its doors to investments but also positioning itself to lead Africa’s push for deeper economic integration”, Edun said.
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The Management of Niger State Emergency Management Agency (NSEMA) has attributed the recent boat mishap that claimed the lives of over 29 passengers to overloading.
Director General of the Agency, Abdullahi Baba Arah, disclosed this during an interview with newsmen in Minna.
Arah stated that preliminary findings showed that the mishap was caused by overloading and a collision with a submerged tree stump.
“Our desk officer who’s leading the search and rescue operations confirmed that the boat left Tungan Sule with 90 people on board, including women and children, on their way to Dugga for a condolence visit”, he explained.
He disclosed that none of the passengers wore life jackets, despite repeated sensitization and government directives on water safety in the state.
“So far, 29 bodies have been recovered, 50 passengers rescued alive, while two people are still missing”, Arah added.
The Managing Director noted that search and rescue operations were still ongoing to recover the remaining victims.
“At least 29 people have been confirmed dead while several others remain missing after a boat carrying about 90 passengers capsized in Borgu Local Government Area of Niger State”, he said.
Arah said the ill-fated boat set out from Tungan Sule in Shagunu Ward, and was heading to Dugga Community for a condolence visit when tragedy struck at Gausawa.
Eyewitnesses said the vessel was carrying mostly women and children on board and suddenly began to experience difficulties before it eventually capsized.
The Nigeria Customs Service (NCS) said the Service has recorded a revenue of N3.68 trillion in the first half of 2025.
The Service said the amount surpassed its revenue target by N390.20 billion, equivalent to 11.85 per cent.
Spokesman of NCS Abdullahi Maiwada, made this known in a statement issued to newsmen in Abuja.
Maiwada said the Nigeria Customs Service Board (NCSB) did a comprehensive review of the revenue, which was announced at its 63rd regular meeting.
The meeting, he said, was chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.
The Spokesman saidthe Board linked the achievement to the effectiveness of NCS`s ongoing reforms, improved compliance by stakeholders and enhanced deployment of technology in Customs operations alongside service’s strengthened capacity in revenue mobilisation.
Maiwada said, “between 1st January and 30th June, 2025, the Service recorded a total revenue collection of N3,682,496,530,576.48, representing a remarkable performance above expectations.
“In practical terms, this signifies that within six months, the NCS has already achieved 55.93 per cent of its annual revenue target”, he said.
On the Trade Modernisation Project, he said the Board acknowledged milestones recorded, including wider deployment of the Unified Customs Management System (UCMS) and arrival of six scanners, including an FS6000 model to boost non-intrusive inspection.
Other achievements recorded by NCS include, procurement of Electronic Cargo Tracking System (ECTS) equipment, setup of the Centralised Image Analysis System (CIAS) at Customs Headquarters, and reinforcement of cybersecurity architecture.
The statement said the Board acknowledged that these developments further aligned with Nigeria’s clearance processes with international best practices.
According to Maiwada, the Comptroller-General of NCS, Bashir Adeniyi, congratulated the newly appointed and promoted officers and urged them to justify the confidence reposed in them.
Adeniyi reaffirmed the service’s commitment to innovation, inclusivity, transparency, and excellence in service delivery, and also appreciated the Minister of Finance for what called “his continued support and guidance”.
Nigerian Shippers’ Council (NSC) says it would partner with the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) and Money Management Series (MMS) to eliminate human trafficking at Nigeria’s waterways.
The Council said the collaboration would boost surveillance and collaborate with NAPTIP and MMS to combat this economic crime.
Executive Secretary and Chief Executive Officer, NSC, Akutah Pius, made this known recently to newsmen during an interview.
He said the Council is commitment to supporting the fight against human trafficking, particularly stowaway and related crimes.
Pius assured NAPTIP and MMS of the Council’s readiness to provide necessary support to actualize their aspirations.
Earlier, the Director, NAPTIP, Binta Adamu Bello, outlined the importance of strategic partnerships with agencies such as the NSC in preventing and reporting trafficking activities at the country’s waters.
Bello commended the NSC’s role in overseeing critical gateways to the nation’s trade and transport system.
Also Speaking, member, Women of Fortune Hall of Fame (WOFHoF) initiative, Hajia Lami Tumaka, referenced a report by the International Maritime Organization (IMO) that the global shipping industry lost $8.9 million to 364 stowaways between February 2020 and February 2021.
The statistic, she said, underscores the need for collaborative efforts to combat human trafficking.
“The NSC, NAPTIP, and MMS are set to work together to strengthen surveillance and prevent human trafficking at Nigeria’s waterways.
“This partnership aims to protect the nation’s trade and transport system from the scourge of human trafficking”, she stated.
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