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Nigeria’s Maritime Industry, backbone of international trade

L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside,His Highness, the Emir of Kano, Mallam Sanusi Lamido, His Imperial Majesty, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi at the NIMASA Corporate Dinner and Merit Awards held at Eko Hotels and Suites, Lagos.
R-L: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, Minister of Transportation, Rt. Hon. Rotimi Amaechi, The Chairman and Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, and chairman of Heirs Holdings Mr. Tony Elumelu at the NIMASA Corporate Dinner and Merit Awards held at Eko Hotels and Suites, Lagos.

The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha has said that the Federal Government is working through the Nigerian Maritime Administration and Safety Agency (NIMASA) to reposition the Nigerian maritime industry for the nation’s economic growth, according to a statement signed by the Agency’s Head of Corporate Communications, Isichei Osamgbi

Represented by the Honourable Minister of Budget, Senator Udo Udoma, Mustapha made this known at the NIMASA Corporate Dinner and Merit Awards.

Earlier in his welcome address, the Director General of NIMASA, Dr. Dakuku Peterside reiterated the fact that the maritime industry remains the backbone of international trade and that the Nigerian maritime sector has made remarkable achievements in the last two years.

Speaking further, he also noted that despite the challenges being faced in the sector, the stakeholders’ commitment, professionalism and resilience are the reasons the Agency is doing well.

“The Nigerian maritime sector is on a journey, we are not where we are going yet, hence we need the continuous support of our stakeholders in our quest to realize a robust maritime sector, so that we can compete favourably with our counterparts in other maritime climes,” Dr. Dakuku said.

Former, Head of State, General Abdulsalami Abubakar flanked by Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside (Right) and Minister of Transportation, Rt. Hon. Rotimi Amaechi at the NIMASA Corporate Dinner and Merit Awards held at Eko Hotels and Suites, Lagos.

In the past year, NIMASA has recorded several milestones, including the provision of sea time for over 500 cadets; the arrival of the modular floating dockyard that will create capacity and help retain multi million of dollars in-country through vessel maintenance; midwifing the collective bargaining agreement for industrial harmony with improved wages and entitlements for maritime workers.

The Agency also championed the change of terms of trade from Free on Board (FOB) to Cost Insurance and Freight (CIF), to enable local participation of Nigerian shipping firms in the crude oil business to create wealth and employment; and for the first time, NIMASA initiated a maritime industry forecast aimed at providing direction for industry players.   

Former Head of State, General Abdulsalami Abubakar, argued that the maritime sector was well positioned as an alternative source of revenue for the Nigerian economy.

”It is time to develop other alternative sources of revenue for the nation and the maritime sector is well positioned to do so. What NIMASA is doing in the industry and the Awards are quite in line to motivate stakeholders and staff to take advantage of the policies in place to invest and grow the economy,” General Abubakar said.

L-R: Minister of Transportation, Rt. Hon. Rotimi Amaechi, former, Head of State, General Abdulsalami Abubakar, Winner of NIMASA Staff of the Year, Mr. Abraham Iseghohi and the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside at the NIMASA Corporate Dinner and Merit Awards held at Eko Hotels and Suites, Lagos.

The high point of the ceremony was the presentation of a plaque and cheque of N1,000,000 to the Best Staff of 2018 Mr. Abraham Iseghohi from the Western Zone Office of the Agency.

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