The Chairman, National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa, has sought close collaboration between the agency and the Nigerian Maritime Administration and Safety Agency (NIMASA) particularly through the Deep Blue Project, to address the rising threat of drug trafficking through maritime channels. The NDLEA Chairman made the call when he paid a courtesy visit to the NIMASA Director General, Dr. Dayo Mobereola at the NIMASA Towers in Lagos. Speaking during the visit, Brig. Gen. Marwa said, “As the agency responsible for controlling drug abuse and trafficking in Nigeria, we recognize that this task requires collaboration with critical stakeholders like NIMASA.
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The Nigeria Customs Service (NCS) said that it granted concessions totalling N1.6 trillion to various sectors of the economy in 2024 to stimulate economic growth. Comptroller General of Customs, Adewale Adeniyi who disclosed this at a press conference in Abuja said the concessions comprised N723billion in import duty waivers, N372.6billion in other levy concessions, and N586. 6billion in import VAT relief. He said, “These strategic concessions were granted to stimulate economic growth, support industrial development, and enhance the overall business environment in line with government policy objectives.
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The Chairman of Mercury Maritime Concession Company (MMCC); Rear Admiral Andrew Okoja (rtd) has called on the Federal Government to issue a revalidation letter that is required to facilitate the financing and development of the $27.29 billion Escravos Seaport Industrial Complex (ESIC) project in Delta State. Speaking during a global media parley held in Lagos, the chairman emphasized the project’s potential to catalyse economic development across multiple states and boost national prosperity. At the media parley, the chairman highlighted that the ESIC project is designed to transform the Nigerian economy through the establishment of a world-class seaport that will serve as a hub for trade, commerce, and industrial activities.
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After a broader analysis on the relevance for the reintroduction of the Cargo Tracking Note – CTN in our international trade security and port value adding system, the Sea Empowerment and Research Centre – SEREC hereby strongly supports and lend a voice for the immediate commencement and implementation of the Cargo Tracking Note – CTN regime in our international trade security and port value adding system. The SEREC noted from its findings that, the port industry trends, tilts towards the evolving of the CTNs in cargo processing operations to incorporate new technologies and innovations, such as Electronic CTNs which are becoming increasingly popular, as they provide a more efficient and secure way to track and manage cargo.
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The launch of Dangote Refinery, alongside several government-owned refineries, has had a substantial impact on Nigeria’s import trends. For the month of January, crude oil imports are leading the import chart, with 313,892 metric tons of the commodity already arriving, and more expected before the end of January. Crude oil imports are followed closely by general cargo, with 174,074 metric tons recorded. Bulk wheat, used in the production of bread and other confectionery items, has also seen significant imports, reaching 129,764 metric tons.
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Lekki Port LFTZ Enterprise Limited (LPLEL), promoters of Lekki Deep Sea Port, has announced the appointment of Wang Qiang as its new Managing Director /Chief Executive Officer. He takes over from Du Ruogang. According to the Lekki Port Board of Directors, the strategic leadership change reinforces the company’s commitment to operational excellence and role as a critical driver of Nigeria’s maritime and economic development. Until his appointment, Wang held strategic leadership roles within China Harbour Engineering Company Limited, CORE Investment Consultancy (Beijing) Co. Limited, CCCG Overseas Real Estate Pte. Limited, subsidiaries of China Communication Construction Company Limited (CCCC).
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