Port Disruptions Cost Nigeria N5bn Daily - Report
A new report reveals street protests and unregulated port charges cost Nigeria up to N5bn daily, fueling inflation. SEREC urges urgent policy reforms to save the economy. Read the full analysis.
Category : Search result: maritime technology Nigeria
Dangote Refinery Surge to Create Maritime Jobs, Demand for Local Content
Maritime stakeholders project up to 1,150 vessel movements yearly from Nigeria's refineries, urging action to seize freight opportunities and boost local participation in shipping and jobs.
SEREC Faults Port Protests, Advocates Arbitration
SEREC urges an end to port shutdowns over shipping charges, advocating for structured arbitration and cost transparency. Read their full recommendations for industry reform.
Disbanded Maritime Task Force Allocated N19m in 2026 Budget
Nigeria's 2026 budget allocates N18.9m to a defunct maritime anti-corruption task force while underfunding vital port projects. Explore the controversial spending priorities in the Marine and Blue Economy Ministry.
32 Vessels with Fuel, Food to Arrive Lagos Ports
The Nigerian Ports Authority announces 32 vessels carrying petroleum products, food, and other goods are set to arrive at Lagos ports from Jan 12-30. Get the latest maritime updates.
Nigeria's Maritime Sector Sees Major Turnaround in 2025
The Federal Ministry of Marine and Blue Economy affirms significant progress in 2025, citing Apapa gridlock resolution, IMO Council return, and new port approvals as key achievements driving economic diversification.
U.S. Seizes Russian Oil Tanker in Atlantic After Venezuela Sanctions
The United States military seized a Russian-flagged tanker near Iceland following a dramatic two-week pursuit. This bold move escalates tensions amid the U.S. blockade of Venezuelan oil and the capture of President Maduro. Read the full details.
U.S. Seizes Russian-Flagged Tanker Linked to Venezuela
U.S. forces intercept a Russian-flagged oil tanker after a trans-Atlantic pursuit for violating sanctions on Venezuelan oil. Full details on the dramatic seizure operation inside.
High Stowaway Costs Burden Shipowners in West Africa
West African ports impose heavy fines and repatriation costs on shipping companies for stowaways, with incidents costing up to $30,000 each. Nigeria's shipping association criticizes the policy as unfair.
NIMASA's 30-Day Grace for Vessel Compliance, Sanctions Loom
NIMASA launches 'Operation Zero Tolerance,' giving maritime operators 30 days to self-audit. Non-compliance risks vessel detention, fines, and licence withdrawal. Full details inside.
Seafarers' Wrongful Arrests Worsen Global Labour Crisis
Baseless prosecution of seafarers for drug offences is worsening the global crew shortage and undermining maritime trade. Stakeholders demand legal reforms and a shift in focus to ship owners.
NIMASA to leverage 2025 reforms for greater maritime impact
NIMASA outlines plans to consolidate 2025 successes, including IMO Council return and zero piracy, to advance Nigeria's Blue Economy agenda. Discover the agency's 2026 strategy.
25 Dead, 14 Missing in Yobe State Boat Accident
A devastating boat accident in Yobe State's Nguru LGA has claimed 25 lives, with 14 passengers still missing. Rescue operations continue as Governor Buni mourns the loss.
Maritime Industry Progress Under Oyetola Lauded
House Committee Chairman Busayo Oke commends Minister Adegboyega Oyetola for transforming Nigeria's Marine and Blue Economy sector, highlighting progress and diversification as key achievements for 2026.
Ports Police Set 2026 Strategy, Decorate Promoted Officer
Commissioner Toyin Agbaminoja charges officers to intensify maritime security, protect national assets, and ensure public safety at ports. Read the full 2026 strategy.
New Tariffs to Make Nigeria's Ports 55% More Expensive
Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.
Investor Fatigue, $14bn Gap Stall Nigeria's Deep-Seaports
Nigeria's ambition to become West Africa's maritime hub is faltering as seven deep-seaport projects stall, needing $14bn. Lekki Port operates at just 20% capacity. Experts urge policy review and a 'Prioritisation Matrix'.
Maritime Drug Smuggling Threatens Nigeria's Ports
A new report reveals criminal gangs are using 'legitimate' forwarding businesses to move drugs via commercial vessels. SEREC calls for urgent tech and institutional reforms to secure Nigeria's ports and supply chains. Read more.
APM Terminals, BMS Sign Deal to Enhance Lagos Port Operations
APM Terminals and Barging Marine Solutions sign exclusive lease to expand Apapa port services, aiming to ease congestion and boost trade capacity. Read the full story.
Seafarers Seek Tax Clarity Ahead of 2026 Regime
Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.
How Strategy Cleared Mile 2-Tin Can Port Gridlock
Former Tin Can Island Port Manager, Sylvester Egede, details the non-coercive strategy that ended the notorious Mile 2 port corridor traffic. Learn the key lessons for solving national problems. Read more.
NSML revives SCDP, inducts 21 cadets for global maritime
NLNG Ship Management Limited relaunches its Seafarers Cadetship Development Programme, inducting 21 cadets from MAN Oron and NMU to address the global manpower shortage and boost Nigeria's maritime capacity.
Navy rescues 20 from burning ship in Cross River
The Nigerian Navy saved 20 crew members after their vessel caught fire on the Calabar waterways. One crew member is missing as search operations continue. Read the full story.
Navy Saves 20 from Burning Ship off Calabar
The Nigerian Navy rescued 20 crew members after their vessel, MV Chimba Express, caught fire on the Calabar waterways. One crew member remains missing as search efforts continue. Read the full report.
First Woman Appointed as NUPRC CEO, WIME Lauds Tinubu
Women in Maritime & Energy (WIME) commends President Tinubu for appointing Mrs. Oritsemeyiwa Eyesan as the first female Chief Executive of Nigeria's upstream oil regulator. Read more on this milestone for gender inclusion.
24-Hour Security Activated for Lagos Ports During Yuletide
The NPA Police Western Command has intensified round-the-clock land and water patrols across Lagos port corridors to ensure safety this festive season. Stay vigilant and report suspicious activity.
Navy Hands Over 58 Bags of Smuggled Rice to Customs
Nigerian Navy Ship BEECROFT has transferred 58 seized bags of foreign parboiled rice to Customs. The interception highlights ongoing efforts to curb smuggling in Lagos waters.
US Pursues Third Oil Tanker in Caribbean Near Venezuela
The US Coast Guard is actively pursuing another sanctioned oil tanker near Venezuela, intensifying pressure on Caracas's oil sector. This follows the recent seizure of the 'Centuries' tanker. Get the latest details.
FG Issues Bakassi Deep Seaport Compliance Certificate
Cross River Governor Bassey Otu receives Federal Government's compliance certificate for the $3.5 billion Bakassi Deep Seaport, hailing it as a game-changer for Nigeria's maritime economy. Read more.
NSC Chief: Nigeria Must Remove Barriers to Regional Trade
NSC CEO Pius Akutah urges Nigeria to become a maritime hub, detailing reforms in ports, dry ports, transit parks & dispute resolution saving billions. A must-read for business.
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