Thursday, November 5Nigeria's Authoritative Maritime News Magazine
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Author: Our Editor

$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

Breaking News, Business, Maritime, Opinion
The Nigerian Ship Owners Association (NSOA) is set to drag the Transportation Minister, Rotimi Amaechi, before President Muhammad Buhari over the refusal of the Nigerian Maritime Administration & Safety Agency (NIMASA) to commence the disbursement of the Cabotage Vessel Financing Fund (CVFF). The end of year dinner of the NSOA last week in Lagos almost degenerated into a brawl when Engr. Greg Ogbeifun challenged the minister to show them where he derived his powers to hold back the CVFF. The funds are about $100 billion. At the dinner, Amaechi had boasted that as long as he remained the minister of transportation, not one Kobo of the CVFF would be disbursed. The CVFF currently domiciled in NIMASA has become an issue of controversy as successive managements in the agency have fail...
What Buhari must do to help himself

What Buhari must do to help himself

Opinion
By Dele Sobowale He, who speaks without modesty, will find it difficult to make his words good.” Confucius, 551-479BC, Chinese philosopher. …. He also runs the risk of making a mockery of himself.  He was, and self-advertised, as a man who would come into office to fight corruption and deal with anyone found to be corrupt without fear or favour. On that promise, millions of Nigerians campaigned and voted for him. I did in 2011, when Lai Mohammed, his current Minister of Information was still a spokesman for a defunct political party called ACN. In the months leading to the 2011 elections, Lai was the arrowhead of Buhari’s adversaries who told us that the man was “too old” (among other deficiencies they alleged) to lead Nigerians. Four years after, the same Lai, the spokesman of th...
Amaechi, Ship Owners Fight Dirty over N100b Vessel  Financing Fund

Amaechi, Ship Owners Fight Dirty over N100b Vessel Financing Fund

Breaking News, Business, Maritime
The Minister of Transportation, Rotimi Amaechi on Thursday announced that he will not disburse the Cabotage Vessel Financing Fund (CVFF), dashing the hopes and expectation of indigenous ship owners, who have been waiting for the disbursement of the fund for more than a decade. This is even as the ship owners demanded the sack of Dakuku Peterside as Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for his incompetence in running the affairs of the agency. Amaechi told a gathering of ship owners and key stakeholders who converged at a workshop and dinner organized by the Ship Owners Association of Nigeria (SOAN) that as long as he remains the minister, the fund will not be disbursed. The CVFF which currently stands at over $100billion was created solely t...
NIMASA NSDP: UK University Graduates 59 Nigerian Cadets

NIMASA NSDP: UK University Graduates 59 Nigerian Cadets

Breaking News, Education, Maritime
…As four Bag First Class Honours, Dakuku Hails Capacity Growth The Capacity Building initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA) through the Nigerian Seafarers Development Programme (NSDP) has again received another boost as 59 of the beneficiaries have graduated from the Liverpool John Moores University, United Kingdom. This brings it to a total number of 1,343 graduates of the scheme since its inception from the various institutions in United Kingdom, Egypt, Romania and Philippines. At the graduation ceremony which held in the United Kingdom recently, 4 of the students graduated with a 1st Class, while 36 of them had 2nd Class (Division 1) degrees and others graduated with various grades. Speaking on this development, the Director General of the Nige...
Kano welcomes President Buhari in Grand Style

Kano welcomes President Buhari in Grand Style

Politics
President Muhammadu Buhari arrived Kano on Wednesday for a two-day official visit to the state. Mr. Buhari was received at Mallam Aminu Kano International Airport by Governor Abdullahi Ganduje, members of the State Executive Council, Emir of Kano, Muhammadu Sanusi II, traditional rulers as well as politicians, among others. A mammoth crowd was also at the airport and along the major streets in the metropolis, giving the president a rousing welcome. The president is expected to inaugurate a number of projects executed by the Ganduje administration during the visit. Among the projects are the ultra-modern Specialist Hospital, Giginyu, named after him; a Paediatric Hospital located on Zoo Road, Kano; and the underpass bridge at Madobi/Panshekara Junction. On the second day, the Presi...
It’s time to focus on governance and stop blaming Jonathan — Amaechi

It’s time to focus on governance and stop blaming Jonathan — Amaechi

Breaking News, Business
The Minister of Transport, Rotimi Amaechi, has admonished his colleagues in the Muhammadu Buhari administration to stop blaming former President Goodluck Jonathan. Mr. Amaechi said it is time for administration officials to concentrate on delivering good policies to the citizens rather than dragging the former president for Nigeria’s woes. “I agree with those who said we should stop criticising the last government and that we should do our own,” The Nation newspaper quoted Mr. Amaechi as saying during a meeting at his office Tuesday. The minister decried Nigeria’s infrastructure deficit, drawing a comparison with other relatively new countries like Singapore. “We need to leverage on what we know. People are shouting intermodal transport; I went to the new airport in Singapore a...
Ogoni Clean-Up and Rivers Politics

Ogoni Clean-Up and Rivers Politics

Opinion
-By Senator Magnus Abe A lot of Nigerians have called me to request that I condemn Rivers State Governor Nyesom Wike’s charge that the Ogoni clean-up is a political project, and I said no I would not condemn the governor for saying what he said. I will rather thank him. He is doing what the opposition should do in a democracy. The governor is a member of the opposition People’s Democratic Part (PDP). Like I said to the governor when we exchanged pleasantries after his remarks, “if it is a political project then you have fired the first shot”. The ruling All Progressives Congress to which I, and President Muhammadu Buhari, the true facilitator and greatest advocate for the clean up of Ogoniland both belong should fire our own shot and it needs not be in throwing tantrums over the gove...
BREAKING NEWS: Atiku Joins PDP

BREAKING NEWS: Atiku Joins PDP

Breaking News, Politics
Atiku Abubakar has formally joined the opposition Peoples Democratic Party, more than a week after he dumped the ruling All Progressives Congress. The former vice-president made the announcement on Facebook within the last hour. He said the complaints he had with the PDP, under which he was vice-president from 1999-2007, had been resolved, laying the groundwork for his return. It is believed that Mr. Abubakar is expected to contest the 2019 presidential election. Details later...

BREAKING: ‎Atiku joins PDP

Misc
Atiku Abubakar has formally joined the opposition Peoples Democratic Party, more than a week after he dumped the ruling All Progressives Congress. The former vice-president made the announcement on Facebook within the last hour. He said the complaints he had with the PDP, under which he was vice-president from 1999-2007, had been resolved, laying the groundwork for his return. Mr. Abubakar is expected to contest the 2019 presidential election. Details later...
Ex-President Jonathan Replies Gov. Shettima on Chibok Girls

Ex-President Jonathan Replies Gov. Shettima on Chibok Girls

Politics
The media adviser to former President Dr. Goodluck Jonathan, Mr. Ikechukwu Eze has responded to a statement by Borno Governor Kashim Shettima where he accused the ex-President of bad governance and poor choices, dismissing the Governor’s claims as parochial and jaundiced. In a statement issued on Friday Jonathan’s spokesman strongly debunked the allegations of poor governance and highlighted Jonathan’s key achievements which he said were yet to be matched. He further challenged the Governor to come clean over the roles he played in the kidnap of the Chibok school girls, stressing that it goes beyond the dismissive claim that “Jonathan thought I kidnapped Chibok girls.” The statement said: “He should be able to tell us if it was Jonathan’s poor choices that led the Governor to expose...