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Nigeria's journey to successfully implementing the African Continental Free Trade Area (AfCFTA) is being hindered by several barriers, including concealment of information, over-reliance on road transport, and inefficient logistics management. These challenges were highlighted by Dr. Kayode Farinto, former Acting National President of the Association of Nigerian Licensed Customs Agents (ANLCA), in a paper titled "AfCFTA: Dismantling Trade Barriers, Navigating Regional Trade. Farinto emphasized the need for accurate information management, stating that concealment of information from the public is not only against the Freedom of Information Act but also hampers the success of AfCFTA. He also stressed the importance of…

The Tin Can Island Port Customs Command has achieved a significant milestone with the commissioning of its newly renovated office complex. The Comptroller General of Customs, Bashir Adewale Adeniyi MFR, dsm, fnipr, psc(+), was on hand to officially open the renovated facility, which marks a major transformation for the Command . The renovation is a significant achievement, considering that the office complex had not undergone any major modernization since its inception in 1977. The transformation is not just about aesthetics; it represents a commitment to service excellence, improved working conditions, and enhanced operational efficiency . The Command has also made…

In a significant move to boost Nigeria's economic development, Minister of Marine and Blue Economy, Adegboyega Oyetola, has reiterated the Federal Government's dedication to the African Continental Free Trade Area (AfCFTA). Speaking at the Maritime Reporters' Association of Nigeria Annual Lecture in Lagos, Oyetola emphasized the government's efforts to dismantle trade barriers and navigate regional trade . Key Highlights: •⁠  ⁠Export Processing Terminals (EPTs): The Federal Ministry of Marine and Blue Economy has licensed several EPTs to enhance trade efficiency and fast-track export procedures under AfCFTA. •⁠  ⁠Guided Trade Initiative (GTI): Nigeria recorded its inaugural shipment ceremony under GTI in…

In a shocking revelation, Chief Government Ekpemupolo, popularly known as Tompolo, has accused the Nigerian Navy of aiding and abetting crude oil theft in the Niger Delta region . Tompolo, the Chairman of Tantita Security Services Nigeria Limited, made these claims during a visit from the National Executive Committee of the Nigerian Bar Association. According to Tompolo, the Nigerian Navy has been frustrating efforts to combat oil theft by providing protection for illegal oil bunkering operations and facilitating the theft of crude oil . He cited specific incidents where Navy personnel escorted stolen crude oil shipments and intervened to ensure…

Hon. Olumekun Olubunmi, President of the Barge Operators Association of Nigeria (BOAN) and the Association of West African Exporters and Maritime Professionals (AWAEMAP), has extended heartfelt congratulations to Governor Lucky Orimisan Aiyedatiwa on his well-deserved victory in the Ondo State gubernatorial election. In his congratulatory message, Hon. Olubunmi praised Governor Aiyedatiwa's commitment to public service, urging him to deliver impactful leadership that surpasses his predecessors' achievements. "The people of Ondo State have placed their trust in you to lead them toward prosperity," he stated. As a firm advocate for Nigeria's Blue Economy and inland waterways optimization, Hon. Olumekun emphasized the…

The Maritime Reporters' Association of Nigeria (MARAN) is set to host its highly anticipated annual lecture this Thursday, November 21, at the Providence Hotel in Ikeja GRA, Lagos. The event, themed "AfCFTA: Dismantling Trade Barriers, Navigating Regional Trade," promises to deliver in-depth insights into Africa's Free Trade Agreement and its impact on regional and global commerce. Key Highlights: ⁠Special Guest of Honour: Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, will deliver the keynote address, highlighting the Federal Government's initiatives to dismantle trade barriers and foster a competitive blue economy.  ⁠Expert Lineup: Olusegun Awolowo, Secretary, AfCFTA Nigeria; Mrs. Chinwe…

As the 2024 United Nations Climate Change Conference (COP 29) unfolds in Baku, Azerbaijan, Captain Warredi Enisuoh, a leading carbon credit expert in Nigeria, has highlighted the Niger Delta's potential to combat climate change through biological sequestration of greenhouse gas emissions. Speaking on Arise Television, Enisuoh, Executive Director of Operations and Technical Services at Tantita Security Services Nigeria Ltd (TSSNL), emphasized the region's potential despite environmental degradation from oil exploration and waste management challenges. "The Niger Delta has vast opportunities for carbon credits, and it's imperative we utilize them," Enisuoh stressed. "We're partnering with government agencies and stakeholders to achieve…

  In a landmark move, President Bola Ahmed Tinubu has signed six International Maritime Organization (IMO) instruments, paving the way for Nigeria to deposit these documents at IMO headquarters and reinforcing the country's commitment to maritime safety, security, and environmental protection. The Six Signed Instruments: •⁠ ⁠Instrument of Accession of the Protocol of 2005: Suppressing unlawful acts against fixed platforms on the continental shelf •⁠ ⁠International Convention of Standards of Training, Certification, and Watch-keeping for Fishing Vessel Personnel 1995: Enhancing training and certification for fishing vessel personnel •⁠ ⁠Protocol Relating to Intervention on the High Seas in cases of Pollution…