The Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that agencies in the Marine and Blue Economy increased revenue generated to the coffers of the federal government by 77%. He disclosed this in an interactive session with the Nigerian Guild of Editors (NGE) in Lagos. According to him, the Presidential Enabling Business Environment Council (PEBEC) during the 120 …

The Federal Government has said that the Nigerian maritime industry would play a pivotal role in achieving $1 trillion economic growth by 2027. The Executive Secretary of the Nigerian Shippers Council (NSC), Pius Akuta, disclosed this on Thursday during a courtesy visit at the Tincan Island Container Terminal Limited, Lagos. President Bola Tinubu had disclosed that the government was working …

The Maritime Workers Union of Nigeria (MWUN), has suspended its planned nationwide strike that would have commenced Tuesday and directed all members to go about with normal work schedules. According to the Union, the seaports would no longer be shut as against the strike notice issued on 4 January, over the non-compliance of the International Oil Companies (IOCs), and Stevedoring …

The House of Representatives has resolved to investigate gaps and loss of opportunities in the maritime sector which accounts for the country’s annual loss of $7 billion. This followed the adoption of a motion moved by Hon. Julius Ihonvbere (APC, Edo) and Hon. Ibrahim Isiaka (APC, Ogun) at plenary yesterday. Moving the motion, Ihonvbere noted that the maritime sector is …

The Comptroller General of Customs (CGC), Adewale Adeniyi, has ordered contractors (Port Plus Limited) to complete the maintenance of its two patrol boats as well as ensure the deployment before the end of November. This came as the Service acquired two new patrol boats from Singapore to boost its anti-smuggling war along the nation’s waterways. Speaking at an interactive session …

The Federal Government has released and handed over a large crude carrier, MT Heroic Idun, to the owners, Idun Maritime Limited, after fulfilling the conditions of the plea bargain entered between them and the Nigerian government. It would be recalled that the tanker with 26 foreign crew on board resisted arrests by the Nigerian Navy Ship Gongola, near the Apu …