Maritime/Shipping

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NIMASA reaffirms commitment to shipyard development, sustainable maritime growth

Lagos, Feb. 12, 2026 – The Nigerian Maritime Administration and Safety Agency NIMASA has reiterated its commitment to strengthening Nigeria’s shipbuilding and shipyard development as part of efforts to deepen the blue economy and curb capital flight. This assurance was given at a stakeholders’ breakfast meeting organised by the Agency with the theme “Dissecting the Issues, Challenges, and Prospects in the Shipbuilding Segment – Discussing Funding Models, Incentives, and Policy Support for Shipyards Growth.”  The event held at the Nigerian Maritime Resource Development Centre (NMRDC), Kirikiri, Lagos. Delivering the welcome address …

China’s trade ends 2025 with record trillion-dollar surplus despite Trump tariffs

  Beijing, Jan 14, 2026 –  China on Wednesday reported a strong export run in 2025 with a record trillion-dollar surplus, as producers braced for three more years of a Trump administration set on ​slowing the production powerhouse by shifting U.S. orders to other markets. Beijing’s resilience to renewed tariff tensions since President Donald ‌Trump returned to the White House last January has emboldened Chinese firms to shift their focus to Southeast Asia, Africa and Latin America to offset U.S. duties. With ‌Beijing looking to exports to counteract a prolonged …

Nigerian Navy, NIMASA to deepen partnership on hydrography, wreck removal

  Lagos, Jan. 13, 2026 – The Nigerian Navy has called for increased collaboration with the Nigerian Maritime Administration and Safety Agency, NIMASA in the area of hydrography to sustain improved safety of navigation in Nigerian waters. Rear Admiral Abdullahi Mustapha, the Flag Officer Commanding, Western Naval Command (FOC-WNC), made the call during a familiarization visit to NIMASA Headquarters, where he also acknowledged the gains recorded from NIMASA’s longstanding partnership with the Nigerian Navy. Mustapha said the longstanding and unwavering partnership NIMASA had maintained with the Nigerian Navy culminated in the …

Judiciary critical to realization of benefits of Blur Economy in Nigeria  – Mobereola  

  Lagos, Nov. 5, 2025 – The Nigerian Maritime Administration and Safety Agency (NIMASA) has identified the judiciary as a major partner in the realization of the benefits of the Blue Economy in Nigeria. Dayo Mobereola, its Director General, said this at the 4th Edition of the Admiralty Law Colloquium in Lagos with the theme “Charting the Course of Nigeria’s Blue Economy”, a reflection of the increased national attention to the potential of the maritime industry in driving economic development. Delivering the welcome address, Mobereola said: “Nigeria’s Blue Economy requires an all hands …

NIMASA accredits 27 registered shipyards for operation in Nigeria  

  Lagos, Nov. 3, 2025 – The Nigerian Maritime Administration and Safety Agency (NIMASA) has accredited 27 registered shipyards across the country. NIMASA disclosed this in a statement at the weekend. The statement said the accreditation was in accordance with its mandate enshrined in Section 22 of the NIMASA Act, 2007, and Sections 335-339 of the Merchant Shipping Act, 2007, which gives the Agency statutory powers to regulate, license, inspect and enforce standards for shipyard operations in Nigeria. Out of the 27 accredited facilities, 10 are located in Lagos State, 8 in Rivers State, and 9 …

Adeniyi, Customs boss, extols collaboration with NACCIMA

Abuja, Aug. 25, 2025 – Adewale Adeniyi, the Comptroller-General of Nigeria Customs Service (NCS), has extolled the collaboration between the NCS and NACCIMA. He said such collaboration would enhance trade facilitation, revenue generation and border management Adiniyi expressed this while receiving Jani Ibrahim, the new National President of NACCIMA, who paid a courtesy visit in Abuja. According to a statement issued by the NCS on Sunday, the Customs boss also commended NACCIMA for its endorsement of the NSC reforms. “When I assumed office, one of the first things I was …

Lekki Port to generate $200bn revenue over its 45-year concession period

Lagos, Aug. 21, 2025 – The Lekki Port in Lagos is projected to generate $200 billion revenue over its 45-year concession period. Adegboyega Oyetola, the Minister of Blue and Marine Economy, said this in Lagos during a breakfast meeting organised by the Nigerian Chamber of Shipping in collaboration with Lekki Port. According to a statement from his ministry, the minister said the port had assisted in resolving the challenge of congestion formerly experienced in other ports in Lagos, while simultaneously enhancing Nigeria’s competitiveness as a logistics hub. “Lekki is already …

Tinubu inaugurates WAGL’s 40,000 CBM LPG vessel in South Korea

…Lauds company’s partners for expanding Africa’s role in clean energy Abuja, Aug. 18, 2025 – President Bola Tinubu says Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa and beyond. The President made the remarks in Ulsan, South Korea, on Monday while inaugurating a 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” According to a statement issued by the NNPCL in Abuja, the vessel owned by WAGL Energy Limited (an NNPC Ltd. /Sahara Group Joint Venture) is …

Tinubu’s National Single Window initiative, a major step toward trade facilitation, efficient port operations -TMSG

Abuja, Aug. 4, 2025 – The Tinubu Media Support Group (TMSG) has described the new National Single Window project as a major step in transforming the economy through removal of trade barriers. ‎The group made the observation in a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo. It said Nigerians will start enjoying efficient transactions at the nation’s ports from the next few months. ‎The TMSG said: “After 15 months of coordinated work, Nigeria is now on the verge of removing all barriers to effective trade by …

FG commits to reform of Nigerian port system to enhance trade facilitation, boost transparency

Abuja, June 30, 2025 – The federal government is committed to institutional reform of the Nigerian port system to enhance trade facilitation and boost transparency. Adegboyega Oyetola, the Minister of Marine and Blue Economy, said this in Abuja on Monday while inaugurating the newly constituted governing board of the Nigerian Ports Authority (NPA). He said the reform of the port system would also unluck the full potential of Nigeria’s marine and blue economy. The minister advised members of the new board to approach their assignment with discipline, focus, and a …