Delta Positions for Blue Economy Expansion DELTA State is set to deepen its participation in Nigeria’s emerging maritime sector, with plans underway to establish a dedicated ministry for the blue economy. The initiative, according to the Deputy Governor, Monday Onyeme, is part of a broader strategy to unlock the state’s vast coastal resources and drive […]
Driving a New Economic Vision AT the Blue Economy Investment Summit 2026 in Abuja, Governor Sheriff Oborevwori presented an ambitious roadmap aimed at transforming Delta State into a major hub for maritime and coastal development. Represented by Deputy Governor Monday Onyeme, the governor said the state is leveraging its natural assets to attract investors and […]
Delta Positions Itself as Maritime Investment Hub THE Delta State Government has stepped up efforts to attract investment into its maritime and blue economy sector, showcasing its vast potential at the Blue Economy Investment Summit 2026 held at the Bola Ahmed Tinubu International Conference Centre. Under the leadership of Governor Sheriff Oborevwori, the state presented […]
Navy Intensifies Crackdown on Illegal Activities THE Nigerian Navy has destroyed an illegal crude oil refining site containing about 45,000 litres of stolen crude and arrested 37 suspected illegal miners in separate operations across the Niger Delta. The Director of Naval Information, Abiodun Folorunsho, disclosed the development in a statement issued on Sunday in Abuja. […]
By FRED LONGJOHN OBEH Nigeria’s Maritime Industry: Foreign Domination and Local Neglect NIGERIA’S maritime sector, long considered a potential engine for economic growth, continues to suffer under the domination of foreign-flagged vessels. Stakeholders and maritime experts warn that the absence of indigenous ownership and crew presence has cost the country billions of naira in lost […]
Coalition Targets Marine Tourism Growth THE Allied Concessionaries and Blue Economy Alliance has pledged to partner with the National Inland Waterways Authority (NIWA) to develop Nigeria’s vast but largely underutilised marine tourism sector. The commitment was made during a courtesy visit by the alliance’s leadership to the Lagos Area Office of NIWA, where they met […]
By FRED LONGJOHN OBEH AfCFTA: A Historic Opportunity Under Strain ECONOMIC experts have repeatedly described Nigeria’s participation in the African Continental Free Trade Area (AfCFTA) as one of the most consequential trade opportunities in the country’s modern economic history. With a single African market of over 1.3 billion people and a combined GDP exceeding $3 […]
Recurring Boat Accidents Alarm Experts NIGERIA continues to record frequent boat mishaps across its inland waterways, with the latest tragedy occurring on 3 January in Garbi town, Nguru Local Government Area of Yobe State, where a passenger canoe capsized on the Yobe River, leaving several dead and missing. Maritime analyst Mr. Chika Akabogu attributes these […]
Turning Policy into Practice THE Federal Government has unveiled the Cabotage Vessel Financing Fund (CVFF) Application Portal, signalling a renewed commitment to strengthening indigenous ship ownership and domestic maritime trade. The launch in Lagos marks a turning point for a fund that has existed largely on paper since 2003. The CVFF was created under […]
By FRED LONGJOHN OBEH NO fewer than 33 vessels laden with petroleum products, commodities and other goods are expected to arrive at Lagos ports between 30 and 31 January , according to the Nigerian Ports Authority (NPA). The ports affected include Apapa Port, Tin-Can Island Port and the Lekki Deep Sea Port. The […]