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Presidential Port Standing Task Team Has Restored Orderliness, Seamless Cargo Handling Operations In Nigerian Seaports – National Coordinator, Fadipe | By Olabode Adeyeri
Presidential Port Standing Task Team Has Restored Orderliness, Seamless Cargo Handling Operations In Nigerian Seaports – National Coordinator, Fadipe | By Olabode Adeyeri
The National Coordinator of the Presidential Port Standing Task Team (PSTT) and Director, Nigerian Shippers Council, Mr. Fadipe Moses Olayemi says the Team has resolved bottlenecks in the Nigerian Seaports and its Corridors for efficient operations and enhanced service delivery within the port ecosystem.
Fadipe who oversees all the costal ports of the federation (Apapa, Tin can, Onne, Calabar, Warri and Port Harcourt), spoke with Citizen NewsNG Correspondent in an exclusive interview in Lagos.
According to him, the Presidential Port Standing Task Team was set up to implement and ensure compliance with the Nigerian Ports Process Manual (NPPM).
The Nigeria Port Process Manual is a document that spelt out the trajectory of the activities by various port agencies in the maritime industry as captured in their Standard Operation procedures (SOP’s).
The PSTT comprises Nigerian Shippers’ Council (NPA) as lead agency, Independent Corrupt Practices and Other Related Offence (ICPC), Department of State Service (DSS) and Nigerian Ports Authority (NPA).
With his dedicated Team of Professionals, Fadipe has continually demonstrated resilience and hard work in the discharge of his duty.
He has restored orderliness and Seamless Operations in the Nigerian Seaports amidst numerous challenges.
On each day at his duty Post, He sets target for himself and his Team Members. A practice commended by stakeholders in the Maritime industry.
Fadipe’s office is a hive of activity. In his timeline, there is no official closing time during field operations.
Known for his unrelenting spirit, Fadipe does not sit back in his office to give instructions or directives; but he goes round the Ports across the country for On-the-Spot assessment.
“Sometimes, My Team and I spend a larger part of the day on the field to ensure an effective and hitch-free Port Operations”, He said.
Continuing, he said: “We are very civil in our operations. You will never see us use total force except if we had explored all avenues”.
“Our Outfit can arrest anybody that breaks the law; even security agents. We are always at the Ports to ensure that things are done right”, He stated.
According to Fadipe, efficient Port Operation is vital to the economic development of Nigeria.
The National Coordinator stated that the PSTT has records (Pre-arrival notification) of all the vessels coming into the Nigerian waterways in its Realtime and Automated Tracking Computer systems.
“The Technology adopted is really helpful and it curbs sabotage. In the past, it takes an average time of about 5 hours for Vessels to move from anchorage to the berth as against a maximum of 90 minutes presently”, He said.
“It will interest you to know that we started this activity in March 2021. In 2020, we had about 121 Infractions and in 2019 we had 266 cases and before 2019 there were interventions, so we decided to put the outfit as a permanent one”
“When PSTT began operation, we had 40 infractions throughout 2021 and keeps reducing every year and As at today, we had near zero because every stakeholder pays for their misdemeanor”.
“The Vessel captains who are afraid before to come to the Nigerian Ports are now bold enough to come to Nigerian Seaports. when they arrive they know the Government Agency to contact in real time”.
Fadipe stated further that there had been improved Turn-around-time of vessel cargo evacuation has improved significantly.
According to him, in the past, the average number of containers examined per day was 125 but today, they handle 230 per day.
“PSTT collaborates with the various stakeholders both government and private organisations to achieve more because we really need to bring sanity back into the industry with our collective efforts”, Fadipe said.
“Apart from Lagos Ports, we (PSTT) are in Rivers State with a State coordinator of covering Portharcourt and Onne and we are gradually moving to Calabar and Warri Ports. We are definitely spreading out and also, we keep engaging with stakeholders because we cannot do it alone. We have been collaborating with the Media too”, He emphasized.
Fadipe hinted that he lectures his Members of Staff and Security Agencies attached to the PSTT every day before they embark on field operations.
“Today, other countries of the world are willing to understudy how we were able to get to this stage of efficient Ports Operations on vessel boarding and rummaging in Nigeria”, He said.
“Recently, at a conference in Denmark, Nigeria was adjudged the best country with Ports Operations system”, Fadipe recalled.
Citing the Challenges on the Job, Fadipe said the PSTT has been ambushed at different times and held hostage for several hours by heavily armed state actors during field operations but they triumped.
“The risks of the job are too high but in our little way, we will continue to do our best”, He vowed.
In his parting words, Fadipe said: “In life, what do you want to live for, what do you Stand for? what do you want to be remembered for? Nothing comes easy in life but if you are passionate, you persevere and believe that what you are doing will benefit many people, God in His infinite mercy will make you overcome. I want to be remembered for Positive change”.
He however charged the Stakeholders to support the Federal Government in its efforts to ensure an efficient and transparent Maritime Industry. He also enjoined them to operate within the stipulated Operational procedures and Standards.
With decades of experience in the Maritime Industry, Mr. Fadipe Moses Olayemi has distinguished himself among his Contemporaries.
Citizen NewsNG research reveals that since Fadipe assumed as the National Coordinator of Presidential Port Standing Task Team, the PSTT has delivered on its mandate with its meagre resources.
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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