Category : Search result: maritime revenue


Nigeria Returns to IMO Council After 14-Year Absence

Nigeria has regained its seat in Category C of the International Maritime Organization Council, strengthening its global maritime influence. NPA MD Dantsoho credits Minister Oyetola's leadership for this achievement.

Nigeria Returns to IMO Council After 14 Years

Nigeria elected to IMO Council Category C for 2026-2027 term after 14-year absence. Minister Oyetola says victory reflects global confidence in maritime reforms and Tinubu's blue economy agenda.

China Supports Nigeria's Port Modernisation Drive

China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.

China Backs Nigeria's Push for Digital Ports

China offers technical support to modernize Nigeria's seaports, including automation and digital systems. Partnership aims to boost trade efficiency and maritime security.

New NMLA Exco Pledges Maritime Law Advancement

Newly elected NMLA executives led by Mike Igbokwe (SAN) commit to advancing maritime legal practice in Nigeria. Learn about their vision for unification and development.

MARCON to Honour Dangote, Lekki Port with Awards

Aliko Dangote, Lekki Deep Seaport, and other key players are set to receive MARCON's 2025 Awards of Excellence for transforming Nigeria's maritime sector. Discover the full list of honourees!

Oborevwori hails Navy's role in national stability

Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.

Nigeria Loses Billions to Foreign Marine Experts

NIMENA chair Dr Eferebo Sylvanus reveals Nigeria loses billions annually to foreign marine expertise. Calls for indigenous classification body and technical sovereignty in maritime sector.

Police foil vessel attack in Lagos, arrest 7 suspects

Port Authority Police in Lagos arrested seven suspects attempting to board a Liberian-flagged vessel using a bamboo pole with a steel hook. The marine unit intercepted them during a routine patrol near PTML terminal.

Ferry Carrying 267 Runs Aground, Crew Arrested

South Korean ferry with 267 passengers grounded near Jogdo Island, injuring 27. Crew members arrested for negligence. Investigation ongoing amid Sewol disaster memories.

NEM Insurance Assets Reach N165.46bn in Q3 2025

NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.

Reps Probe Billions Lost in Oil, Agriculture, Properties

The House of Representatives launches a major investigation into massive revenue leakages in Nigeria's oil sector, Anchor Borrowers' Programme, and over 11,000 abandoned federal properties valued at N20 trillion.

Nigeria's 15% maritime GDP triggers PPP push

Nigeria's low 15% maritime GDP contribution sparks urgent PPP drive to unlock N22.12 trillion blue economy potential through fisheries, tourism and port modernization.

Ports Police Intensify Maritime Security Collaboration

The Ports Authority Police, Western Command, is strengthening ties with NIMASA, NPA, and other stakeholders to enhance security, facilitate trade, and safeguard Nigeria's maritime assets. Learn about the new security initiatives.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

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