The maritime sector came alive in Lagos as top stakeholders gathered for the highly anticipated MARAN War Risk Insurance Summit, aimed at tackling the pressing issue of war risk premiums affecting Nigeria’s maritime trade.
By 9 a.m., the Four Points by Sheraton Hotel was already buzzing with activity as dignitaries and industry leaders arrived, brimming with expectations and a shared commitment to finding lasting solutions.
The summit drew a powerful lineup of maritime influencers and government representatives, including:
– Engr. Adegboyega Oyetola, Minister of Marine and Blue Economy (represented by Dr. Bolaji Akinola and Mr. Funmbi Adesokan)
– Engr. Greg Ogbeifun, Chairman of the Occasion and CEO of Starz Shipping
– Mr. Victor Ilo, Deputy Director at NIMASA, alongside the agency’s PR team led by Mr. Osagie Edward
– Mrs. Margaret Ogbonna, Director of Regulatory Services, Nigerian Shippers Council, with PR Head Mrs. Rebecca Adamu
– Rear Admiral Michael Gregory Oamen, Flag Officer Commanding Western Naval Command (represented by Capt. Lanre Oginni)
– The Comptroller General of Customs Adewale Adeniyi MFR, and Area Controller of Western Marine Command of Nigeria Customs Service, Comptroller Patrick Ntadi are being represented by Asst. Comptroller CC Okpota.
– Rear Admiral Andrew Okoja (rtd), Chairman of Mercury Maritime Concessioned Company Ltd, proponents of the Escravos Deep Seaport
– Rear Admiral DJ Boer, Secretary of the Abuja MoU
– Captain Sunday Umoren, Otunba Frank Ogunojemite (President, APFLON), and Elder ASU Beks (former MARAN President)
Also present were delegations from the African Shipowners Association, Lekki Deep Port, and a host of other influential maritime players.
The summit’s focus on War Risk Insurance is timely, as stakeholders seek to reduce the financial strain on vessels operating in Nigerian waters. With high-level representation and robust discussions expected, the event promises to shape future policy and enhance Nigeria’s maritime competitiveness.