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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…

  In a bid to strengthen Nigeria's maritime influence, Minister of Marine and Blue Economy, Adegboyega Oyetola, has inaugurated an Inter-Ministerial Committee to drive the country's campaign for election into Category C of the International Maritime Organisation (IMO) Council. Why Nigeria Needs to Rejoin the IMO Council Nigeria has lost its bid for the IMO Council seat three times since 2011, despite being a successful member from 1975 to 2005. Oyetola emphasized that Nigeria's strategic location and significance as a hub of maritime activities make it imperative for the country to reclaim its position on the Council . Benefits of…

  The Nigerian Maritime Administration and Safety Agency (NIMASA) will share its findings on the recent helicopter crash off Bonny Finima with the International Maritime Organization (IMO). The crash, which occurred on October 24, claimed several lives. An inter-agency collaboration involving NIMASA, the Nigerian Navy, and other local and international partners successfully recovered the black box. NIMASA Director-General, Dr. Dayo Mobereola, praised the swift and well-coordinated response. "We'll report our findings to the IMO via the Global Integrated Shipping Information System, demonstrating Nigeria's commitment to transparency and cooperation." The recovered black box and over 80% of the wreckage will aid…

In a major breakthrough, the Onne Customs Command has intercepted 21 containers laden with illicit drugs and donkey skin, valued at a staggering N46.8 billion . This remarkable seizure is a testament to the Command's unwavering commitment to combating illicit trade and ensuring public safety. Details of the Seizure: 20 containers of illicit drugs, including:     2.6 million bottles of codeine syrup     7.5 million tablets of Really Extra Diclofenac     3.5 million tablets of Trodol Benzhexol  27 million tablets of Royal Tapentadol/Tramadol/Tamolx. Other counterfeit and unregistered pharmaceuticals. ⁠1 container of donkey skin, valued at N441 million.…