Oyetola boasts Tinubu govt raised marine revenue by 92% in one year - Newstrends
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Oyetola boasts Tinubu govt raised marine revenue by 92% in one year

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Former Governor Adegboyega Oyetola
Oyetola Gboyega

Oyetola boasts Tinubu govt raised marine revenue by 92% in one year

Minister of Marine and Blue Economy, Adegboyega Oyetola, says revenue from two agencies of the ministry increased by 92 per cent in the last one year.

According to him, the earnings by the Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA) grew from N126,359,074,742 in the first quarter of last year to N242.811 billion in the first quarter of this year.

The minister attributed the success to the far-reaching reforms introduced by President Bola Ahmed Tinubu and being implemented by his ministry.

Oyetola spoke yesterday while presenting his ministerial scorecard as part of activities marking the first year of the Tinubu Administration.

He gave a breakdown of the revenue growth by the four agencies in his ministry, including the NPA, NIMASA, Nigerian Shipper Council (NSC) and the National Inland Waterways Authority (NIWA).

Oyetola said: “We have been able to ramp up revenue to the government in the last year and we are poised to do more.

“A comparison of Quarter 1 of 2023 against Quarter 1 of 2024 revenue performance across the agencies reveals a 92 per cent increase.

“In 2023, the NPA generated N82,987,439,908 while it generated N170,493,192,630 in the Q1 of 2024.

“NIMASA in 2023 generated N37,405,830,219 while in the Q1 2024, the revenue generated was N62,154,237,671

“The Nigerian Shipper Council (NSC) which generated N4,878,647,275 in the Q1 of 2023 experienced N8,675,726,282 revenue generation in the Q1 of 2024.

“The National Inland Waterways Authority (NIWA), recorded N1,087,157,340 in the Q1 of 2023 while in the Q1 2024, the revenue generated was N1,488,588,802

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“Overall, compared to last year where in Q1, the entire sector generated N126,359,074,742 in Q1 of 2024, the revenue generated was N242,811,745,385.

“So, the sector witnessed N116,452,670,643 revenue growth compared to the Q1 of the previous year which is a 92 per cent increase in revenue generated.”

He attributed the growth in revenue generation to an increase in vessel calling at the ports and other things.

Oyetola said: “The increase in revenue performance has largely been due to a 10 per cent increase in the number of vessels using our ports due to strategic investments in port infrastructure in the last one-year, mooring boats, patrol vessels and dredging of the port’s channels. We have also tightened revenue assurance by deploying technology.

“Revenue generation is critical to us and that is why we commissioned revenue enhancement studies focused on the ministry, its departments, and agencies.

“The objective is to further identify and block leakages while identifying recommendations to expand current revenue sources.

“Automation of revenue collection processes to eliminate bottlenecks and enhance transparency and accountability is also our goal.

“We are also deploying revenue assurance technologies to ensure accurate and complete billings in line with established contracts and services rendered.

“We would ensure the efficient utilisation of existing assets through concessions to the private sector and public-private partnerships as required.”

Oyetola explained that funds have been sourced for the comprehensive modernisation and reconstruction of Tin Can Island and Apapa Port Complex.

He said discussions were ongoing to seek funds for the rehabilitation of Onne, Rivers, Delta and Calabar port complexes.

The minister said the port modernisation would generate at least, 20,000 jobs, decongest the ports, and improve ease of doing business.

To protect the inland waterways, the minister also said the ministry would procure three water ambulances for areas where accidents were prevalent.

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He said a national policy on blue economy will be unveiled by year’s end.

Oyetola said the reforms initiated by the ministry and the deployment of modern technology led to an increase in revenue.

The minister also explained that the proposed shipping line would boost the economy and give opportunity to ship owners and others in the sector to thrive.

Oyetola added: “Efforts are in top gear to create a national carrier based on a PPP arrangement that will entail very limited equity participation by the government.

“This will reduce capital flight, create shipping jobs, and enable Nigerian ship owners to benefit more from the global maritime shipping trade through Cost, Insurance and Freight (CIF) of cargo onboard.

“The point of a shipping line is not to bring back the Nigerian National Shipping Line (NNSL). The issue is that we should have a shipping line.

“We realised that we are losing so much in the area of freight because we don’t have a shipping line that would compete with most of the other shipping lines in other parts of the world.

“So, the intention is to have PPP, the government may decide to have token equity or it could be a purely private partnership.

“We are not looking at bringing back the moribund or liquidated NNSL. I don’t believe the government should be in business.

“The government will create an enabling environment for business to thrive. The failure of the first line was because NNSL was purely run by the government and it died a natural death.

“We should allow the private sector people that are trained for business to drive business.

“So, we are looking at a partnership perhaps between government and private or private-private but we need to have a line that will fly our own flag and enjoy the opportunity of not only participating in freight but also participating in bringing import to our country.

“If we have our own line, we are entitled to about 40 per cent of import coming to our country. So, that is the kind of thing we are looking at and not NNSL that is liquidated.”

For the safety of the inland waterways, he said: “Deployment of Water Ambulances – we have deployed three water ambulances for prompt search and rescue operations on the inland waterways. This will reduce fatalities whenever accidents occur on our inland waters.

“The issue of water ambulance is a pilot scheme is meant to take care of specific areas and we are going to buy more to cover the entire country but there are specific places where accidents are very prevalent, so we want to ensure that these three ambulances are deployed to take care of those areas where we have been having lots of accident.

“The intention is to ensure that we have enough to go around the entire country to cover our inland waterways.”

The minister also said in line with its key performance indicator, the ministry had initiated consultations with relevant bodies to reduce, by the end of the year, the number of agencies at the seaports to a maximum of even to fast-track port processes.

The minister said the extension of the continental shelf will add more to Nigeria’s marine resources, saying: “We have an exclusive economic zone of over 200 nautical miles, and 10, 000 kilometres of inland waterways capable of supporting a vibrant intra-regional trade.

“We are blessed with strategic navigational routes linking Africa with North and South America, Europe, and Asia, making the shipping industry potentially a major driver of our country’s economy.

“Let me hasten to add that the recent expansion of our continental maritime domain came at the right time. Here, we must commend Mr. President on the work of the Presidential Committee on Nigeria’s Extended Continental Shelf Project.”

“The expansion gave us an additional 16,300 square kilometers which is six times the size of Lagos State. This has no doubt added more to the marine resources base of Nigeria.”

Oyetola boasts Tinubu govt raised marine revenue by 92% in one year

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Truly Depraved Rapist Jailed for 17 Years After Violent Attack on Woman

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A 24-year-old Nigerian national, Gift Oladele, dragged a young woman into woodland and violently raped her has been jailed for 17 years after a judge described his actions as “truly depraved”.

Gift Oladele carried out the attack in Wrexham, North Wales, in September last year after approaching the victim, who was 19 at the time, as she walked home from a night out.

Oladele was convicted of rape and sexual assault at Mold Crown Court in March. He was sentenced on Thursday.

 

How the Attack Happened

The court heard that Oladele approached the woman and her friends outside a takeaway in Wrexham city centre. He initially appeared friendly and flirtatious before offering to walk home with her.

According to prosecutor James Coutts, Oladele accompanied the woman until they reached an isolated area, where he grabbed her by the mouth and forced her into the woods.

He then carried out a violent rape.

“She described being terrified,” Coutts told the court. “She did what she thought she needed to do to get through the attack.”

Oladele threatened to find and harm the victim if she reported the rape. He also threatened to take photographs of her and post them online.

Despite the threats, the woman returned home and immediately told her parents, who contacted the police.

Oladele was arrested the following day at his cousin’s home in Wrexham. Officers said he had attempted to hide a mobile phone, which contained searches relating to sexual attacks.

The court heard that Oladele had a “fascination in forced sexual abuse and rape” and that he appeared to be acting out a fantasy shown in the videos he had searched for.

 

Victim Describes Lasting Trauma

In a victim impact statement, the woman told the court that she continued to wake up from nightmares in which Oladele had tracked her down.

“I’m petrified,” she said.

She also described taking medication to prevent HIV infection after the assault and suffering long-term emotional and psychological effects.

 

“I feel ashamed, and somehow damaged, since what he did to me,” she said.

“The emotional impact has been very significant.

“I can’t go anywhere on my own anymore.

“I feel unsafe.”

Judge Simon Mills praised the woman for her courage during and after the attack.

“You showed exceptional courage during the incident and afterwards,” he told her.

 

Previous Conviction and Deportation Appeal

At the time of the Wrexham attack, Oladele was already on bail over another rape allegation in Manchester dating from November 2024.

He had also been jailed in 2022 for a sexually motivated attack.

The court heard that Oladele was later due to be deported to Nigeria but successfully challenged the decision on human rights grounds.

An immigration tribunal judge described the deportation case as “finely balanced”, acknowledging the seriousness of Oladele’s previous offence and the public interest in deporting foreign criminals.

However, the tribunal also considered his ties to the United Kingdom, where he had grown up, and the consequences of relocating to Nigeria.

The Home Office made two attempts to appeal the decision, but both appeals were rejected.

 

Judge Calls Defendant Dangerous

During sentencing, The Judge described Oladele’s actions as “truly depraved”.

 

“You subjected her to a terrible violation,” he said.

“You are a dangerous offender.”

The judge said Oladele posed an exceptionally high risk of harm to young women and had shown “absolutely no remorse whatsoever”.

The Home Office described the case as horrific and said Oladele’s imprisonment was the right outcome.

The victim’s account has highlighted not only the brutality of the attack but also the lasting fear and emotional damage that sexual violence can cause long after the offender has been convicted.

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Missing Billions: Lawmakers Summon NNPCL and 146 Marketers Over ₦432bn Downstream Debt

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Nigeria’s federal lawmakers are putting the downstream energy sector under the microscope after audit records revealed that state oil firm NNPCL and private fuel marketers have piled up at least ₦432 billion in unpaid regulatory obligations.

The House of Representatives Public Accounts Committee (PAC) confirmed the formal probe this week, following persistent warnings raised in the Auditor-General’s 2023 and 2024 annual reports.

 

Regulatory Levies Left Unpaid

The mountain of debt has accumulated over a six-year period from 2017 to 2023, remaining largely uncollected despite the country’s tight fiscal squeeze.

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The liabilities consist of statutory fees meant to fund national energy infrastructure, including the 1% Midstream and Downstream Gas Infrastructure Fund, National Transport Average fees, Balancing Allowances, and lingering credit balances from import and coastal operations.

 

Audit records track a steep rise in default:
  • The 2023 audit initially captured ₦392 billion in total arrears, with NNPCL carrying over ₦162 billion and commercial marketers responsible for ₦230 billion.
  • The 2024 report revealed that private marketer debt alone had swelled to ₦432 billion, separate from state-owned NNPCL liabilities.
  • Regulatory data from the NMDPRA confirms that 146 companies affiliated with DAPPMAN and MEMAN owed ₦327 billion by 2025.

 

No Hiding Place for Defaulters

PAC Chairman, Rep. Bamidele Salam, made it clear that parliament expects compliance from corporate leaders, issuing a firm directive against corporate stonewalling.

Salam emphasized that the committee will scrutinize why statutory revenues were permitted to sit idle without vigorous enforcement from the NMDPRA. Defaulters will be forced to present audit trails detailing every transaction, outstanding balances, and proof of any remittances made to date.

For lawmakers, the objective is unambiguous: plug commercial leakages, enforce fiscal discipline, and recover every outstanding naira owed to the federation.

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Fresh Blackout Hits Abuja as Apo Substation Transformer Trips

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Parts of the nation’s capital have once again been plunged into darkness following an early-morning equipment failure at the Apo Transmission Substation on Wednesday.

The Transmission Company of Nigeria (TCN) confirmed the outage, attributing the disruption to the tripping of a 100MVA TR4 power transformer at its 132kV/33kV facility. Preliminary findings trace the failure to an oil spillage on the transformer’s red-phase High Voltage (HV) bushing, which forced four critical 33kV feeders, H31, H33, H35, and H37 offline.

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In an official public notice, the transmission utility stated that technical teams are already mobilized on-site:

“The Transmission Company of Nigeria, TCN, hereby informs the public that the 100MVA TR4 transformer at the 132/33kV Apo Transmission Substation tripped in the early hours of today. Our maintenance crew are already carrying out a detailed investigation on the transformer to ascertain the exact cause of the tripping, to enable us effect repairs and restore the transformer.”

Following the grid disruption, the Abuja Electricity Distribution Company (AEDC) confirmed power losses across several major districts, including the Apo Legislative Quarters, Lokogoma, and Apo Resettlement.

The latest breakdown adds to a pattern of recurring supply interruptions across Abuja, coming just days after scheduled maintenance works left residents grappling with low generation and prolonged blackouts.

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