{"id":131398,"date":"2026-09-24T13:53:38","date_gmt":"2026-09-24T13:53:38","guid":{"rendered":"https:\/\/guardian.ng\/tv\/?p=131398"},"modified":"2026-10-26T11:20:01","modified_gmt":"2026-10-26T11:20:01","slug":"world-maritime-day-nigerias-maritime-policy-implementation-gap","status":"publish","type":"post","link":"https:\/\/guardian.ng\/tv\/world-maritime-day-nigerias-maritime-policy-implementation-gap\/","title":{"rendered":"World Maritime Day: Nigeria\u2019s maritime policy implementation gap"},"content":{"rendered":"<div class=\"dailymotion-player\"><script src=\"https:\/\/geo.dailymotion.com\/player\/x1ee8e.js\" data-video=\"xbcjoxa\"><\/script><\/div><br><br><p>\nOn World Maritime Day, we dive deep into the stark reality: moving beyond policies to crucial implementation. <\/p>\n<p>Despite the Cabotage Act of 2003, designed to boost Nigerian shipping, foreign vessels continue to dominate our waters, costing the nation a staggering 6 trillion Naira annually in lost revenue. <\/p>\n<p>The Cabotage Vessel Financing Fund (CVFF), intended to empower local shipowners with significant capital to purchase vessels, remains an unimplemented promise. This leaves indigenous operators struggling to compete. <\/p>\n<p>Furthermore, the cargo reservation policy, which should guarantee cargo for Nigerian ships, is being undermined, with foreign entities still transporting our vital crude oil. <\/p>\n<p>Nigeria&#8217;s ambitious 10-year National Policy on Marine and Blue Economy, poised to unlock vast untapped potential, is failing to take root at the state level, leaving immense opportunities on the table. <\/p>\n<p>This World Maritime Day, it&#8217;s a critical call to action for Nigeria to finally implement these vital policies and unlock the true economic power of its maritime sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On World Maritime Day, we dive deep into the stark reality: moving beyond policies to crucial implementation. Despite the Cabotage Act of 2003, designed to boost Nigerian shipping, foreign vessels continue to dominate our waters, costing the nation a staggering 6 trillion Naira annually in lost revenue. The Cabotage Vessel Financing Fund (CVFF), intended to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":131410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gam_disable_ads":false,"footnotes":""},"categories":[42075,37964],"tags":[41043,41943],"class_list":["post-131398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime","category-top-video","tag-maritime-nigeria","tag-world-maritime-day-blue-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Maritime Day: Nigeria\u2019s maritime policy implementation gap - GuardianTV<\/title>\n<meta name=\"description\" content=\"Despite the Cabotage Act of 2003, designed to boost Nigerian shipping, foreign vessels continue to dominate our waters, costing the nation a staggering 6 trillion Naira annually in lost revenue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/guardian.ng\/tv\/world-maritime-day-nigerias-maritime-policy-implementation-gap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Maritime Day: Nigeria\u2019s maritime policy implementation gap - GuardianTV\" \/>\n<meta property=\"og:description\" content=\"Despite the Cabotage Act of 2003, designed to boost Nigerian shipping, foreign vessels continue to dominate our waters, costing the nation a staggering 6 trillion Naira annually in lost revenue.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/guardian.ng\/tv\/world-maritime-day-nigerias-maritime-policy-implementation-gap\/\" \/>\n<meta property=\"og:site_name\" content=\"GuardianTV\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-24T13:53:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-26T11:20:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gtvcdn.guardian.ng\/2026\/09\/WORLD-MARITIME-DAY.jpg.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"801\" \/>\n\t<meta property=\"og:image:height\" content=\"1201\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Abiodun Ogundairo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abiodun Ogundairo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/\"},\"author\":{\"name\":\"Abiodun Ogundairo\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/#\\\/schema\\\/person\\\/a7ea396ab9bae73d4845496dbad885f1\"},\"headline\":\"World Maritime Day: Nigeria\u2019s maritime policy implementation gap\",\"datePublished\":\"2026-09-24T13:53:38+00:00\",\"dateModified\":\"2026-10-26T11:20:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/\"},\"wordCount\":171,\"publisher\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gtvcdn.guardian.ng\\\/2026\\\/09\\\/WORLD-MARITIME-DAY.jpg.jpeg\",\"keywords\":[\"Maritime Nigeria\",\"World Maritime Day Blue Economy\"],\"articleSection\":[\"Maritime\",\"Top Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/\",\"url\":\"https:\\\/\\\/guardian.ng\\\/tv\\\/world-maritime-day-nigerias-maritime-policy-implementation-gap\\\/\",\"name\":\"World Maritime Day: Nigeria\u2019s maritime policy implementation gap - 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