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NIMASA Projects 10% Industry growth, eyes higher shipping activities in 2019

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The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside on Tuesday projected a 10 per cent growth in the Nigerian maritime industry, stressing that it is easily achievable, if agency’s vision and stakeholders cooperation dovetail into functional synergy in 2019.

Dakuku stated this in Lagos, while unveiling the 2019/2020 maritime forecast, the second in the series, tagged “Harnessing the Maritime and Shipping Sector for Sustainable Growth.” The agency had made a 5.5 percent projection growth last year, and came close almost achieving it.

“We did not attain the 5.5 % prediction made last year, but we are very closer to it than far from it. We are still waiting for the final figures to complete it and that will give us a clear idea of the growth last year,” he stated, assuring that solid steps were indeed, being taken to curb piracy and maritime crime by asset acquisition amongst others. 

L-R: Executive Director, Finance & Administration, Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Bashir Yusuf Jamoh, Chairman, Ship-owners Forum, Mrs Margaret Orakwusi, DG NIMASA, Dr. Dakuku Peterside, NIMASA Board Chairman, Gen. Jonathan India-Garba (rtd.) and Representative of Minister of Transportation, Deputy Director (Cabotage & Shipping Development) FMOT, Mrs Gloria Adie-Ayabie during the public presentation of Nigeria’s Maritime Industry Forecast for 2019-2020 held in Lagos on Tuesday, 29 January 2019.

Espousing all the areas in the sector that are potential investment opportunities in the maritime sector, Dr Peterside highlighted that the forecast which was an improvement of the 2017/2018 forecast, focusing on regulatory developments in the Nigerian maritime industry, noting that emerging opportunities and challenges; and its implications to the sector were captured, in a bid to assist the investing public.

“Ten per cent target is feasible; given that most variables are being taken care of in the area of infrastructure development and assets improvement in the sector.

“Human capacity development is also vigorously pursued to meet attendant industry growth in the year under focus,’’ Peterside said, emphasizing a strong belief in a global growth which though could be very slow, but nonetheless ensure that China continues to have more appetite for oil and gas, and which in turn will affect Nigeria positively, in the next two years.

Accordingly, Dakuku reasoned, that development would directly translate into a sustained demand also, for finished products; ensuring a continuing importation of more goods and services to Nigerian Ports, while buoying the export of products, especially gas cargo and non oil cargoes. 

It is meant to give direction to investors and stakeholders in the industry in their planning and investment decisions as part of efforts to attract more foreign direct investment to the economy. Major plans covered by the forecast are the economic environment, the maritime industry (local and global), regulatory framework, and emerging opportunities and challenges.

“The maritime sector has the potential of contributing at least 10% of Nigeria’s GDP in no distant future, as Nigeria has the biggest market in Africa; and generates about 65-67% of cargo throughput in West Africa, and 65% of all cargo heading for these regions will most likely end up in the Nigerian market,” the DG said.

Dakuku identified asset building/acquisition and human capacity development as two factors that would enable Nigerians play a major role in the maritime and shipping sector. He said shipping is capital intensive and the Cabotage Vessel Financing Fund (CVFF) will not be adequate to address the huge demand for maritime asset. This propelled the Agency to seek other ship financing models, he said.

“We have been engaging with government at the highest level to push for special intervention fund, special interest rate and other incentives that will drive optimal performance in the sector. We shall not relent in our drive to put the right framework together to help beneficiaries and investors have good return on investment. The country is also making huge investments in human capacity development in the sector, which means that more Nigerians will get involved in shipping, especially, in shipping operations,” Dakuku stated.

The NIMASA DG also disclosed that the government had made consistent effort to drive changes in the maritime and shipping sector through regulatory and infrastructural developments. He added that the main public bodies regulating the maritime and shipping sector had all keyed into the government’s strategies to reform the operating environment and improve on the country’s ease of doing business index, which has the potential of attracting more businesses to the maritime industry.

He said 2018 offered government opportunities for strategic changes in policies to restore growth in the economy, invest in the people and build a globally competitive economy. Dakuku assured the stakeholders of the Agency’s resolve to push for reforms that will help grow the maritime sector, noting that building and enhancing indigenous capacity in the shipping and maritime sector and ensuring a conducive playing field for operators to tap into the vast economic benefits inherent in shipping will be made a priority.  

L-R: Rector, Maritime Academy of Nigeria, (MAN) Oron, Commodore Emmanuel Duja Effedua, Captain Martins Fakrongha from Headquarters Western Naval Command, Executive Director Finance & Administration, Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Bashir Yusuf Jamoh, Chairman, Ship-owners Forum, Mrs Margaret Orakwusi and the DG NIMASA, Dr Dakuku Peterside, during the public presentation of Nigeria’s Maritime Industry Forecast for 2019-2020 held in Lagos on Tuesday, 29 January 2019.

But a consultant and faculty head at the Lagos Business School, Dr. Doyin Salami, who reviewed the forecast, cautioned that while the projection mirrored true scientific analysis, the realization would still be directly affected by the post election undercurrents; because the projection was equally intended to provide the context in which the sector will operate in 2019 to 2020.

Salami reasoned that in 2019, the Petroleum Industry Bill (PIB) will be passed; the anti-piracy bill will become law, and more International Maritime Organisation (IMO) conventions would be domesticated in Nigeria; and described the general election and its aftermath as a major factor that will affect the economy this year, even as external factors and developments in the global economy, especially the United States/China trade war, would also remain relevant factors.

He was particularly satisfied that NIMASA based the forecast on the Economic Recovery and Growth Plan (ERGP) of the Federal Government and charged stakeholders to key into the Agency’s vision. 

Earlier in his welcome address, the Minister of Transportation, Rt. Hon. Rotimi Amaechi, emphasised the importance of shipping in poverty alleviation and wealth creation. Amaechi, who was represented by the Deputy Director, Cabotage and Shipping Development in the Ministry, Mrs. Gloria Adie-Ayabie, informed stakeholders that the Federal Government had initiated reforms to facilitate the development of the Blue Economy, saying this involves the enactment of laws and domestication of relevant international instruments.

Stakeholders in attendance at the event, including the NIMASA Board Chairman, General Jonathan India Garba (rtd.), and Rector, Maritime Academy of Nigeria (MAN), Oron, Commodore Emmanuel Duja Effedua (rtd), agreed that the forecast was a step in the right direction and called for continuous support for NIMASA to enable it achieve its mandate of realising a robust maritime sector.  

The Rector also called on sister agencies and relevant stakeholders in the maritime sector to support NIMASA in getting back into category C of International Maritime Organisation.

A cursory look at the forecast shows it captured the outlook for the economy in 2019; reflects on the global side, with adequate concerns for a substantial global economic growth slowdown, a likely higher US interest rates, a stronger dollar and volatile oil prices, possibly averaging below US$60pb; without overlooking on the domestic side, the impact of sentiments surrounding the 2019 general elections and post-electoral transition.

The empirical analysis projects the growth of the total fleet size in 2019 over 2018 to be 10.33%, easing to 8.75% for 2020. Oil tanker fleet size is projected to decrease by 11.2% for both 2019 and recover to a positive growth of 0.11% by 2020. Non-oil tanker fleet size is estimated to increase by 14.3% in 2019 and 10.2% in 2020, while Oil Rig count is projected to increase by 6.98% and 6.5% for 2019 and 2020, respectively.

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CUSTOMS: Apapa Command Controller, Babatunde Olomu Wins 3 Awards: Excellence, Revenue, Controller of The Year

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CUSTOMS: Apapa Command Controller, Babatunde Olomu Wins 3 Awards: Excellence, Revenue, Controller of The Year

…Olomu dedicates the awards to his officers and men for their dedicated commitment!

Highly cerebral, intelligent and dedicated, the present Customs Area Controller, Apapa Port Customs Command, Dr Babatunde Olomu has re-engineered and reinvigorated the command into a money-baking machine, making his predecessors look flat-footed, as he fetched over N2 trillion for Government, more than one month to the end of the year, 2024.

Personally trained, motivated and inspired by the Comptroller General of Customs CGC, Adewale Adeniyi, the Apapa CAC, Babatunde Olomu, alongside a few others, like Comptroller Dera Nnadi is on the hot, but the patriotic seat of the few, committed to enabling the CGC, prove his mettle. 

Running the Apapa Port Customs Command had always been considered a yeoman’s job until Olomu assumed office. Now, it looks like a hot knife, slicing through cold butter, even as revenue generation, suddenly looks like an experience ‘meruwa’ is fetching water, out of a clement lagoon!

For this reason, the Apapa Port Command of Nigeria Customs Service and its Area Controller were on Friday, November 29, 2024, in Abuja, honoured with three distinguished awards by the Comptroller General, for Revenue Collection and, an Award of Excellence for outstanding feats, at the CGC Award Night.

Consequently, Babatunde Olomu was celebrated by colleagues, friends and stakeholders for standing out, as the Star of the Night. 

He also emerged the “Best Controller of the Year”  for his exceptional leadership and improving on the command’s capacity to deliver on its mandates at Nigeria’s premier port of Apapa

Meticulous, thorough and fastidious, the CGC, Adewale Adeniyi MFR ensured the Awards were keenly contested.

Hence, the three awards when they were being presented, drew accolades, and encomiums and were matched by genuine standing ovations.

The Awards organisers ebulliently recognised the Apapa Command for its various groundbreaking achievements in the areas of revenue collection, anti-smuggling and trade facilitation. 

“No leader can excel, without supportive lieutenants!”

It recognised that for the first time in the history of the Command, it had actually generated over N2tr as revenue into government coffers as of November 20, 2024.

It also acknowledged that the Apapa Command, under the leadership of Comptroller Babatunde Olomu, truly raised the bar of preventing revenue leakages and achieving maximum collection, even in the face of low trade volume.

The marvel therefore was if Olomu, as a thoroughbred and team player could galvanize his officers to make so much, in the face of low trade volume, what would have been the imaginable mind-blowing revenue profile, if it was during the heavy trade volumes of some of his predecessors?

 But then, his predecessors also lacked the kind of unique inspiration and dedicated attention of a CGC, Adewale Adeniyi MFR who leads from the front, provides!

The Awards organisers also frugally noted, Olomu’s hands-on daily, weekly, monthly and quarterly evaluation of the Command’s activities, particularly the fact that the command is now attuned to getting all officers to resume early, process all entries timely, carry out diligent examination and shun compromise in the discharge of their duties!

Humble and unemotional, Babatunde Olomu, shortly after receiving the awards in Abuja, held the plaques and certificates up and dedicated the honours to all officers and men of the command. 

The Area Controller described the achievements as a result of teamwork, dedication, focus and cooperation.

“No leader can excel, without supportive lieutenants”, he declared, calling “for continuous support from all stakeholders as we enter the last month of the year 2024”.

The Comptroller General of Customs CGC, Adewale Adeniyi MFR (middle) decorating the Apapa Port Customs Command Controller, Dr. Babatunde Olomu (extreme right) for his outstanding performance and peerless leadership qualities, on Friday in Abuja.

While thanking the CGC for the honour bestowed on the command, Comptroller Olomu said as the number one Customs Officer in Nigeria, the CGC Adeniyi had been a source of inspiration and a good example for all officers to emulate. 

He further described the award as a motivation for selflessness, a call for increased commitment and a challenge to sustain and improve the tempo of work at the command which will cascade to all bonded terminals attached to it.

The Controller also urged all port users to rededicate themselves to national service by being law-abiding and reporting suspected unlawful acts in the port to the service and other security agencies. 

Comptroller Olomu lauded import and export traders who have used Apapa Port within the period of his leadership and implored them to operate in full compliance with the guidelines for their trade. He specifically commented on exporters who pioneered export activities under the Guided Trade Initiative (GTI) of the African Continental Free Trade Area (AfCFTA). 

Olomu urged more Nigerian businessmen and women to take advantage of the ease of doing business initiative to use Apapa Port. He invited them to tap into the simplified procedures being emplaced by the CGC under an evolving modernisation regime to trade seamlessly. 

The CAC admonished officers of the command not to see the awards of The Best Command of the Year, The best Command in Revenue Collection and the Best Customs Area Controller as the end of hard work but as a motivation and challenge to work harder

He reminded them that compliance saves money, saves time, builds integrity for positive profiling and helps in recognition for upgrade to the authorised economic operator (AEO) status

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Calabar Carnival: Navy To Partner Other Security For Hitch-free Yuletide Celebrations

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Calabar Carnival: Navy To Partner Other Security For Hitch-free Yuletide Celebrations

…As Troops neutralise 135, apprehend 185 suspects in 1 week

The Nigerian Navy said it would partner with other security agencies to ensure that Cross River was crime-free before, during and after Yuletide and the annual Calabar Carnival in Cross River.

The  Flag Officer Commanding (FOC), Eastern Naval Command, Rear Admiral Saheed Akinwande, said this during the fourth quarter Route March on Saturday in Calabar.

The FOC said security personnel needed to be fit physically and mentally to effectively discharge their duty of securing the nation.

“We all know the importance of physical fitness and personal security, particularly during this festive period.

“As usual, we all need to prepare our minds and be ready for this significant period in the state where visitors come in from across the world to be part of the annual Calabar Carnival.

“Of course, we must bear in mind that while many of these guests would bring positivity, some will come with ill intentions.

“That is why we are putting in place robust security measures on both land and sea to ensure the success of the events and ensure the safety of lives and property during the yuletide,” he said.

He charged security agencies to maintain and sustain the harmonious working relationship that exists among them in the state.

The News Agency of Nigeria (NAN) reports that the exercise involved the active participation of officers, ratings, and corps members.

The Nigeria Police, Department of State Security, NDLEA and others participated in the quarterly march.

NAN reposts that personnel from the Federal Road Safety Corps also supported the event by managing traffic flow. 

In another development, the troops of the Nigerian military have eliminated no fewer than 135 terrorists, apprehended 185 suspects and rescued 129 kidnapped hostages through well-executed operations across the country within the last week.

The Director of Defence Media Operations, Maj.-Gen. Edward Buba, made this known in the Defence Headquarters weekly update on the operations of the military on Saturday in Abuja.

Buba said that terrorists in the North Central have begun to surrender to troops.

“These surrenders are occasioned by overtures from the terrorist leadership based on troops onslaught against them,” he said.

He said that a non-kinetic collaborative effort with stakeholders was deployed to encourage the surrendering process.

“Accordingly, several terrorist leaders, commanders and combatants have so far surrendered with more indicating interest to surrender.

“Notable terrorists that have surrendered include; Yellow Jambros, Alhaji Mallam, Ardo Idi (Alhaji Lawal), Lawal Kwalba, Salkado, Yellow Ibrahim, Gana’e and Babangida among others.

“Nevertheless, troops will sustain its operational tempo to destroy or cause further surrendering by terrorists.

“However, during the week under review, troops neutralised 135 and arrested 185 persons.

“Troops also arrested 61 perpetrators of oil theft and rescued 129 kidnapped hostages,” he said.

Buba said the troops also recovered 113 assorted weapons and 2,415 ammunition comprising 72 AK47 rifles, 11 fabricated rifles, 15 dane guns, eight pump action guns, four hand grenades, one RPG bomb and a tube.

Others according to him are, 1,554 rounds of 7.62mm special ammo, 380 rounds of 7.62mm NATO, 203 rounds of 7.62 x 39mm ammo, 129 live cartridges, 28 shotgun cartridges, and 500 54mm empty case of MG ammo.

He added that 30 rounds of 7.62 x ammo, 49 rounds of 5.7mm ammo, 165 live cartridges, 10 rounds of 9mm ammo, 38 magazines, radios, 15 vehicles, 46 motorcycles, and 28 mobile phones were recovered among other items.

Buba said the troops in the Niger Delta area discovered and destroyed 93 crude oil cooking ovens, 12 dugout pits, 37 boats, 127 drums, 41 storage tanks and 82 illegal refining sites.

“Other items recovered include one outboard engine, four speedboats, three HH radios, four motorcycles, five mobile phones and 14 vehicles.

“Troops recovered 909,800 litres of stolen crude oil, 71,060 litres of illegally refined AGO and 13,580 litres of PMS.

“Overall, troops will continue to find innovative solutions in tackling the myriad of security challenges confronting the nation.

“We remain in a winning position in the war,” he added. 

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Solidarity: Tin Can Island Container Terminal Strengthens Education in Apapa with Innovative Initiative

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Solidarity: Tin Can Island Container Terminal Strengthens Education in Apapa with Innovative Initiative

To fulfil its commitment to solidarity and boosting educational standards in Nigeria, the Tincan Island Container Terminal, Apapa, has completed a significant infrastructure upgrade at Randle Secondary School in Apapa, Lagos.

 This initiative aims to create a more engaging and impactful learning environment for students and school staff. 

M: Etienne Rocher, Country Managing Director, AGL (Tincan Island Container Terminal); surrounded by students at Randle Senior Secondary School, Apapa during the official commissioning and handing over of upgraded infrastructure. The event was held at the school premises, Apapa.

The initiative includes the renovation of 14 washrooms for staff and students, as well as the modernization of the information and communication technology (ICT) room with the addition of 10 high-tech computers, 2 UPSs, 1 printer, and other essential equipment. These improvements will enable students to learn foundational computer skills that are crucial in today’s digital world.

This solidarity initiative was executed to coincide with a global event (Solidarity Day) organized by Africa Global Logistics, the parent company of TICT, to strengthen ties with local communities. 

“The theme of this year’s Day of Solidarity celebration is ‘Education’. To make an impactful donation, we conducted a first-hand evaluation of different high schools in Apapa.

“We envisioned the significant impact our CSR activity would have on the students and staff of Randle Senior Secondary School through the upgrade of the school’s infrastructure.

 “Students at Randle Secondary School will now have quality exposure to the fundamentals of ICT and the opportunity to develop their computer skills. “, said Etienne Rocher, Country Managing Director of AGL (Tincan Island Container Terminal).

A view of the upgraded ICT lab at Randle Senior Secondary School by Tincan Island Container Terminal, Apapa, Lagos. The company equipped the lab with 10 high-tech computers, 2 UPS, 1 printer, a unit of 2hp AC, a generator and 4 fans.

“TICT’s intervention is not limited to education. The company is also committed to improving the school’s waste management system by providing 8 new bins, TICT is helping to maintain a clean and healthy environment, which is essential for the well-being of students”, he adds.

Mr. Akinboyowa Peter, Principal of the school, expressed his gratitude for this initiative, noting the positive impact it has had on the school community. Honourable Tosan Wiltshire, representative of the Apapa Local Government, also praised TICT for its commitment to creating a conducive learning environment and encouraged other businesses to follow suit.

“On behalf of the Chairman of Apapa LG, I would like to thank TICT for the wonderful execution of this project. We want to urge other business organizations to emulate this kind of gesture to make learning interesting for our students at Apapa. We will be committed to helping the school dispose of their waste in a timely and efficient manner so that the learning environment can remain clean and healthy,” said Honourable Tosan Wiltshire, Special Assistant for Public Information to the Chairman of Apapa LGA.

Solidarity: Tin Can Island Container Terminal Strengthens Education in Apapa with Innovative Initiative
L-R: Hon Tosan Wiltshire, Special Assistant to The Chairman, Apapa Local Government; Mr. Peter Akinboyowa, Principal, Randle Senior Secondary School, Apapa; Etienne Rocher, Country Managing Director, AGL (Tincan Island Container Terminal), and Raphael Ugbe, Head Human Resources, Tincan Island Container Terminal during the official commissioning and handing over of upgraded infrastructure to Randle Senior Secondary School. The event was held at the school premises, Apapa.

This TICT initiative illustrates how companies can play a key role in community development and improve learning conditions while strengthening their social responsibility.

About Tincan Island Container Terminal

Tincan Island Container Terminal, a leading container terminal, is the operator of Terminal B, Tincan Island Port, Apapa, Lagos, Nigeria. We are now a part of Africa Global Logistics, the leading multimodal logistics operator in Africa. TICT is an organization driven by innovation, intelligence, and commitment to excellence and is open to all stakeholders within the port community, creating platforms for value exchange and opportunity advancements.  

A section of the newly-renovated washroom for students and staff of Randle Senior Secondary School by Tincan Island Container Terminal, Apapa

Our ambition through a collaborative approach with our larger port community, is to act and be recognized as a proactive and pioneering change agent, keen and able to positively contribute to Nigeria / Lagos port ecosystem’s efficiency and modernization. 

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