General
Nigeria Eyes IMO Security Council Seat by December 2025
By Adedapo Adesanya
Nigeria is eyeing an International Maritime Organisation (IMO) security council seat latest by December 2025, following approval by President Bola Tinubu.
This was disclosed by the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.
He said that Nigeria has officially notified IMO of its intention to contest for a Category C seat during the 34th IMO Assembly in London, which will be held in November or December 2025.
He said Nigeria’s case is strengthened by the recent efforts to position Nigeria as a leading maritime nation, with strategic reforms in port modernization, aquaculture expansion, and international trade facilitation.
The Minister confirmed that President Tinubu has approved the bid, adding that preparations are already underway.
“In furtherance of our improved international posture in world maritime governance, we have proposed a bid to contest election into the International Maritime Organization Council (Category C),” he said.
Mr Oyetola disclosed that the National Policy on Marine and Blue Economy, which prioritizes technology and private sector participation, is awaiting Federal Executive Council approval.
He also announced that the modernization and expansion of Tin Can Island and Apapa Port Complexes by the Nigerian Ports Authority (NPA) will soon commence, with a projected 20,000 jobs to be created.
Mr Oyetola highlighted that Nigeria has recorded three straight years without piracy incidents in West African shipping lanes and the Gulf of Guinea, a milestone he attributed to the implementation of the Deep Blue Sea Project and Falcon Eye Surveillance Systems.
“Through the efforts of the Ministry, its agencies, and other stakeholders, shipping lanes that traverse West Africa and the Gulf of Guinea have witnessed zero piracy for a record three years,” he said.
Mr Oyetola also emphasized that fishery and aquaculture are central to Nigeria’s Blue Economy vision.
“Our strategic focus is to upscale fish production in a sustainable manner, tapping into the full spectrum of our marine resources,” he said.
He further revealed that Nigeria achieved 100 per cent compliance in the 2024 Turtle Excluder Devices Re-certification by the US Department of State, a move that facilitates seafood exports to the USA, EU, and other global markets.
The Minister added that to enhance trade efficiency, the government is implementing the National Single Window Project, a digital platform that will centralize trade compliance processes and link ports with relevant agencies and stakeholders.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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