Maritime

Lekki Deep Seaport To Generate 169,972 Jobs – FG … Yields $201bn In 45 yrs

Published

4 years ago

May 9, 2022

Federal Government of Nigeria says the Lekki Deep Seaport when fully operational would create over 169,972 jobs for youths.
It will also generate a total revenue of $201 billion in 45 years.
Minister of Information and Culture, Lai Mohammed, stated this in Lagos when he took a tour of the $1.53 billion mega project at the weekend.
The Minister, who was accompanied by heads of parastatals under the Ministry of Transportation, expressed joy at the quality of work done.
He assured Port users and investors that the port would become operational in the last quarter of 2022.
“When fully operational, the deep seaport will create 169,972 jobs in addition to the $201 billion that will be generated to Lagos State and the Federal Government through taxes, royalties and duties.
“The direct and induced business revenue impact is estimated at $158 billion in addition to a qualitative impact on the manufacturing, trade and commercial services sector”, He said
Describing the project as a game-changer, the Minister added that the Port has gulped $800 million on construction alone, stressing that the aggregate impact has been put at $361 billion in 45 years, which will be over 200 times the cost of building it.
“When it begins operation in the last quarter of this year, it will make it possible for Nigeria to regain the maritime business that was lost to ports in Togo, Cote d’Ivoire and Ghana.
.”It is also a big boost to Nigeria in its quest to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA).
“A major advantage we have to leverage on is transhipment. With this port, Nigeria will become a transhipment hub and the revenue we are currently losing to our neighbouring countries will come here,” he said.
Phase one of the project, according to the Minister, has reached 89 percent completion, assuring that it will hit the 100 percent mark in September.
“The project is self-sufficient in required electricity. It is now ready to generate up to 10 megawatts and the total capacity is 16 megawatts,” he said.
He appealed to media to report positive developments in Nigeria rather than negativities that portray the country in a bad light.
“I want to appeal to our colleagues in the media to play up these developmental efforts instead of concentrating energy on negativity.
“Let the world know that Nigeria is not all about kidnapping, terrorism and banditry. It is also about massive developments that are unprecedented,” he added.

Stories by Chinedu Wosu

Maritime

MWUN REAFFIRMS NON-PARTISAN STANCE AHEAD OF 2027 ELECTION

Published

14 hours ago

March 16, 2026

The Tide

The Maritime Workers’ Union of Nigeria (MWUN) has reaffirmed strong positions towards maintaining non partisan stance ahead of the 2027 general elections .

The President General of MWUN, Comrade Francis Bunu disclosed this while welcoming executives from the Transporters for Tinubu 2027 Political Support Group at its headquarters on 119 Osho Drive, Olodi-Apapa, Lagos,

The union boss underscored MWUN role as a neutral player in national development.

According to a statement signed by Comrade John Kennedy Ikemefuna, Head of Media for MWUN, the union’s President-General, hosted the visitors who outlined their initiative.

Comrade Bunu expressed gratitude for the recognition, affirming the union’s support for any efforts promoting progress, unity, and development in Nigeria.

He emphasized, however, that MWUN remains strictly non-partisan, committed solely to good governance and strategic initiatives that elevate the nation regardless of political affiliation.

This engagement highlights MWUN’s frontline position in labor and transport while reinforcing its impartial dedication to the country’s advancement.

The group aims to foster collaboration among government, transport operators, private entities, and grassroots stakeholders to boost national mobility, economic growth, and sectoral reforms.

By: Nkpemenyie Mcdominic, Lagos

Maritime

ASU BEKS APPEALS TO GOVT FOR TANTITA TO MANAGE NIMASA’S ABANDONED N50BN FLOATING DOCKYARD

Published

14 hours ago

March 16, 2026

The Tide

The Chief Executive Officer of Maritime Media Limited and Convener of the Maritime Industry Merit Awards (MIMA), Elder Asu Beks, has called on President Bola Ahmed Tinubu to concession the abandoned floating dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA), describing the asset as a “national embarrassment” after more than a decade of neglect.

Speaking during a live interview on Arise TV on Tuesday, Asu Beks said the floating dock, valued at about N50 billion, was originally planned to be deployed at Okerenkoko in Delta State to support training activities at the Nigerian Maritime University.

According to him, the asset has remained largely unused since its acquisition in 2016, moving between different facilities including the Naval Dockyard Limited, Continental Shipyard Limited and most recently Snake Island in Lagos without being fully operational.

Beks said the prolonged inactivity of the dockyard represents a huge financial loss to the country, especially as government continues to incur costs in maintaining the facility.

“Why should Nigeria allow an asset worth about N50 billion to waste away for over 10 years?” he asked.

He urged the Federal Government to urgently concession the facility to a credible Nigerian private company capable of restoring it to full operational capacity.

Beks specifically suggested Tantita Security Services Limited as a possible operator, citing the company’s track record in oil pipeline and maritime security operations in the Niger Delta.

“With the operational network and technical capacity of companies like Tantita, this abandoned asset can be transformed into a profitable national facility,” he said.

The maritime stakeholder also criticised past leadership in the sector for failing to address the situation, particularly during the tenure of former Minister of Transportation, Rotimi Amaechi, who served for eight years.

According to Beks, the continued neglect of the floating dockyard raises serious questions about asset management in Nigeria’s maritime sector.

He also questioned why successive leadership of NIMASA including former Director-Generals Dakuku Peterside and Bashir Jamoh did not resolve the issue during their time in office.

Beks urged the current Director-General of NIMASA, Dr. Dayo Mobereola, to take decisive action and change the narrative by ensuring the asset becomes productive.

He argued that reviving the dockyard would provide significant economic value to the country, particularly by strengthening ship repair capacity and supporting maritime training.

Beks further noted that issues such as the operationalisation of the floating dockyard and economic regulation in the shipping sector remain far more critical to the industry than symbolic achievements.

He stressed that Nigeria must prioritise the effective utilisation of strategic maritime assets to drive economic growth and reduce dependence on foreigners

By: Nkpemenyie Mcdominic, Lagos

Maritime

NPA LICENSE APPROVAL DELAYS IS WORRISOME—ANLCA SCRIBE

Published

14 hours ago

March 16, 2026

The Tide

Clearing agents operating at the nation’s ports have criticized the Nigerian Ports Authority ( NPA) over it’s silence regarding unprocessed operational licenses.

The agents warned that the situation could disrupt cargo clearance activities across the ports if urgent action is not taken.

Speaking during a media briefing, the National Public Relations Officer of the Association of Nigeria Licensed Customs Agents (ANLCA), Mr. Emmanuel Onyeme called out spokesperson of the NPA, Mr. Ikechukwu Onyemekara, over alleged failure to respond to calls and messages from stakeholders.

Onyeme said dozens of freight agents who submitted applications for the NPA’s Clearing & Forwarding License operational clearance for PortPASS- an authority to do business with shipping companies have not received any response for more than two weeks

According to Onyeme, the approval from the NPA is a crucial requirement that allows freight agents to gain access to the ports and transact business with shipping companies and terminal operators after securing their licences from the Nigeria Customs Service (NCS).

“Without the Clearing & Forwarding License issued by the NPA, freight agents can not access the ports or engage shipping companies and terminal operators for cargo releases . It is a critical operational requirement,” Onyeme said.

He disclosed that the approval process, which was previously handled at NPA offices within the seaports, has recently been centralised at the authority’s headquarters, forcing agents to submit their documents directly to the office of the Managing Director.

However, Onyeme noted that many of the applications have remained unattended to it.

“As we speak, several freight agents have submitted their documents to the Managing Director’s office, and these applications have been lying there for more than two weeks without any form of response,” he said.

He warned that the silence from the authority is already creating anxiety within the freight forwarding community, especially as many shipping companies and terminal operators have indicated that from April 1, 2026, previously issued NPA Licence approvals will no longer be recognised.

Onyeme further expressed frustration over the lack of communication from the NPA’s spokesman, alleging that repeated attempts by stakeholders to reach him have been unsuccessful.

“The situation is worrisome because there is absolutely no feedback. Calls and text messages sent to the NPA spokesperson have not been responded to, leaving Custom Brokers and freight forwarders agents in the dark over the fate of their applications,” he said.

According to him, the delay could prevent many licensed customs agents from accessing the ports or engaging shipping companies, thereby affecting cargo clearance and port-related businesses.

He therefore called on the management of the NPA to urgently intervene and ensure that the pending approvals are processed without further delay.

“Even if the Managing Director is out of the country or unavailable, there should be a system that allows someone else to handle such important operational matters promptly,” Onyeme added.

By: Nkpemenyie Mcdominic, Lagos