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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has disclosed that the Federal Government has commenced the procurement process for the modernisation of seaports extracurricular Lagos to guarantee balanced improvement crossed the nation’s maritime gateways.
LEADERSHIP reports that Seaports extracurricular Lagos see Calabar Port Complex successful Cross River State, Delta Ports successful Warri, Delta State, Rivers Port Complex and Onne Port Complex successful Rivers State.
However, the curate stated this connected Wednesday astatine the 2025 Chartered Institute of Logistics and Transport (CILT) Nigeria Conference held successful Lagos and themed “Enhancing Logistics and Transport for a Sustainable Blue Economy successful Nigeria.”
Oyetola, who was represented by the managing manager of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, the curate said the ongoing larboard modernisation thrust is aimed astatine upgrading infrastructure, improving cargo handling efficiency, and expanding capableness to conscionable planetary standards.
“We are moving intimately with each stakeholders to execute a paperless, technology-driven larboard situation that enhances efficiency, reduces turnaround time, and curbs corruption,” Oyetola said.
“As portion of this commitment, the national authorities has approved a 1 cardinal US dollar modernisation task for the Lagos ports — a landmark inaugural designed to upgrade infrastructure, amended cargo handling, and grow capableness to conscionable planetary standards.
“The procurement process has commenced for akin modernisation projects astatine ports extracurricular Lagos, to guarantee balanced improvement crossed our maritime gateways.”
Oyetola explained that the initiatives bespeak the administration’s determination to boost logistics show and competitiveness wrong the marine and transport sectors, positioning Nigeria arsenic a preferred maritime commercialized and concern hub.
He further noted that done strategical interventions specified arsenic the Deep Blue Project, Nigeria has sustained a grounds of zero piracy incidents successful the past 3 years.
“Since the inception of the Ministry, we person focused connected strategical betterment and organization strengthening. With the Deep Blue Project and different interventions, we are safeguarding our maritime domain to promote concern and trim concern costs.
I americium gladsome to pass you that Nigeria has recorded zero piracy incidents connected its waterways for much than 3 years,” helium said.
The curate besides revealed that the authorities has developed a broad 10-year National Blue Economy Strategy to align maritime, fisheries, logistics, and coastal improvement policies wrong a unified, sustainable framework.
According to him, the Ministry is creating an enabling situation for backstage assemblage concern done regulatory reforms, public-private partnerships (PPP), and targeted incentives to thrust innovation and occupation instauration crossed the worth chain.
Oyetola stressed that the Ministry’s overarching extremity is to beforehand sustainable and inclusive maturation that balances economical accidental with biology stewardship and societal equity.
“Our extremity is not maturation for growth’s sake, but sustainable and inclusive maturation — 1 that balances economical accidental with biology stewardship and societal equity,” helium said.
“Therefore, I impulse CILT and its members to proceed to champion the adoption of astute and greenish transport technologies; beforehand capableness gathering for young professionals and operators; advocator for data-driven readying successful logistics management; and deepen collaboration with the Ministry and different stakeholders to align expertise with nationalist priorities.”
Meanwhile, the President of CILT Nigeria, Mfon Usoro, announced a 242 per cent summation successful the Institute’s gross implicit the past 4 years, reflecting the occurrence of ongoing fiscal reforms and governance initiatives.
According to her, CILT’s gross roseate from N7.8 cardinal successful December 2021 to N55 cardinal successful the 3rd 4th of 2025, portion its liquid assets grew from N17 cardinal successful aboriginal 2022 to N123 cardinal arsenic of Q3 2025.
She attributed the maturation to dependable fiscal discipline, accountability, and strategical oversight, adding that each projects and expenditures present walk done the Finance, Budget, and Audit Committee for review.
“Every disbursement petition is scrutinised and audited quarterly. The result has been phenomenal,” she noted.
Usoro revealed that the Council has approved the adoption of a modern Accounting Enterprise Resource Planning (ERP) strategy to heighten transparency and streamline audits.
She said CILT’s translation agenda—launched successful 2021—has focused connected governance reforms, rank expansion, and digitalisation, each of which person delivered tangible progress...
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