Maritime Agencies Rake in N850.3bn Revenue for 2024   In 2024, four key agencies under the Marine and Blue Economy umbrella collectively generated a significant revenue of N850.324 billion. This was a 77 per cent growth compared to the amount generated by the agencies in the previous year...

FG Targets $3bn Annual Revenue from Single Window Trade Facility The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital platform introduced to overhaul Nigeria’s trade system and solidify its role as a regional transhipment hub. Launched in...

Oyetola Unveils Policy Strategy for Harnessing Marine Resources By Kabir Akintayo In a significant step toward sustainable development, the Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced Nigeria’s commitment to harnessing its vast marine resources through the creation of the National Blue Economy Strategy. Speaking...

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has officiated the groundbreaking ceremony for the Gateway Inland Dry Port (GIDP), emphasizing that the Ogun State government and the concessionaire must ensure the port is constructed to international standards, capable of meeting the demands of modern trade. 

Maritime Workers, FG Agree on N200,000 Minimum Wage The Maritime Workers Union of Nigeria (MWUN) and shipping companies under the aegis of the Shipping, Shipping Agencies, Clearing and Forwarding Employers Association, SACFEA, have signed an agreement on minimum standards for the conditions of service for...

International Customs Day: FG seeks Partnership on $24.9tr Global Maritime Trade The Federal Government has solicited collaboration from stakeholders towards enhancing the country’s economy by tapping into the maritime sector, valued at over $24 trillion, while supporting 90 per cent of global trade and generating...