December 2017 – Page 2 – Shipping World News Magazine

Dec172017 by Our EditorNo Comments

Research is a catalyst for development – Dakuku

Breaking News, Business, Maritime, News Feature

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector adding that research is a catalyst to attain sustainable development. Dr Peterside who stated this when the Director General of the Defence Research and Development Bureau, Air Vice Marshall (AVM) Jomo Osahor led his team on a courtesy visit to NIMASA in Lagos noted that what makes a great organization is the ability to initiate new processes based on detailed research, which will in turn guarantee sustainable growth with a positive multiplier effect on the nation. Speaking further, the NIMASA DG reemphasized the need to develop indigenous...

Dec172017 by Our EditorNo Comments

565 NPA Staffers honoured for long service, merit, gallantry

Business, Maritime

A total of 565 staffers of the Nigerian Ports Authority (NPA) were honoured by management for long service, merit and bravery at a colourful ceremony held at the NPA sports ground, Bode Thomas, Surulere, Lagos, at the weekend. Most of the awardees had served the organisation for 25 years and above; seven staffers received merit awards while special recognition went to fire officers, pilots and engineers. In her address at the occasion, NPA Managing Director, Hadiza Bala Usman commended the workforce for their cooperation, understanding and sacrifices and for helping management attain her goals in 2017. She noted that her open door policy in the organisation was deliberate and intended to enable her achieve the "important task of repositioning port operations in Nigeria for bette...

Dec152017 by Asu BeksNo Comments

How half-baked administrators are killing the maritime industry

Business, Opinion

The maritime industry in Nigeria contributes about 90% by volume of the goods that come into the country and by value, it is the third largest contributor to our nation's coffers after the Nigerian National Petroleum Corporation and the Nigeria Customs Service. Since the early 70s, government has invested heavily in marine infrastructure in the sector to bring about port efficiency and high productivity. At a point in our nation's history, there was need to build a brand new port and government set about building the Tin Can Island Port in 1977 to take care of the cement armada of the late 70s. The agencies in the sector which are funded by government include the NPA, the Nigerian Shippers Council, the Nigerian Maritime Administration & Safety Agency and the National Inland Wate...

Dec142017 by Our EditorNo Comments

President Buhari Authorized NNPC to Hide N50b from TSA Account “

Breaking News, Business

The House of Representatives on Tuesday raised questions over a “purported” presidential approval withholding some special Nigerian National Petroleum Corporation accounts from being transferred to the Treasury Single Account. The accounts, with funds worth N50bn, are still being kept by commercial banks in breach of the TSA policy, which provides that all accounts belonging to Ministries, Departments and Agencies of government should be transferred to the TSA. The TSA, a centralised Federal Government revenue account, is kept by the Central Bank of Nigeria. A Nigerian firm, SystemSpecs, provides the Remita electronic platform for running the TSA, saving the Federal Government revenue that could, ordinarily, have been lost. An ad hoc ...

Dec142017 by Our EditorNo Comments

The Agony of Seafarers

Opinion

by Egodor Cementina The Nigerian Maritime Administration and Safety Agency (NIMASA) was established with the major responsibility of developing indigenous capacity for shippers, training, certification and welfare of seafarers. Specifically, the agency was created, among others, to provide regulations that are related to Nigerian Shipping, Maritime Labour, Safety and Security in our waters. NIMASA, as the apex maritime agency, has failed in almost all of its duties from the administration of the activities to the clearance and security of the seafarers. Stakeholder's have had cause to lampoon the Apex Maritime Regulatory Agency over its handling of issues concerning seafarers. Recently the Nigerian Merchant Navy and Water Transport Senior Officers accused the agency of tardine...

Dec142017 by Our EditorNo Comments

Rotimi Amaechi is an Ignoramus and Here Are The Facts to Prove it

Opinion

-By Reno Omokri It is quite possible that Rotimi Amaechi is losing his marbles otherwise why else would he be asking former President Jonathan to account for the $65 billion that former Olusegun Obasanjo left in the Excess Crude Account when there was never any such amount? Former President Olusegun Obasanjo and the former Governor of the Central Bank of Nigeria who served under his tenure, Professor Charles Soludo, are both alive and journalists can take advantage of the Freedom of Information Act signed into Law by former Jonathan to verify from them if there was ever any $65 billion in the Excess Crude Account. Rotimi Amaechi is a notorious ignoramus who speaks without thinking and it is suspected that either he is speaking under the influence of drugs or he is going senile. ...

Dec142017 by Asu BeksNo Comments

I Will Turn Around The Fortunes of MAN Oron In 365 Days – Rector

Breaking News, Education, Maritime

Newly appointed Rector of the Maritime Academy of Nigeria, Commodore Emma Daju Effedua retd has promised to return the institution to its glorious past as one the most admired and respected maritime academy in the west and central African sub region. Commodore Effedua who made the pledge Wednesday in Oron when he hosted members of the House Committee of Maritime Administration and Education said, "I am here to change the narrative where cadets of the Academy are regarded as half baked and unemployable" He added that, " When this Academy was established 40 years ago it was the the pride of the African continent. It was established at the same time countries like South Africa, Ghana and Egypt also came up with their maritime academies but 40 years down the line, we are hundreds of ...

Dec112017 by Asu BeksNo Comments

EFCC Cannot Investigate Or Prosecute Judges – Appeal Court

Breaking News, Law

Court of Appeal just delivered a well researched judgment, which they anchored on the separation of power between the three arms of government in the matter Hon. Justice Ngajiwa vs. FRN. They said EFCC does not have power to investigate and prosecute serving judicial officers without first being dismissed by NJC That serving judicial officers can only be prosecuted for offences like murder, stealing etc done outside the discharge of their duties. That once the offence was committed in the discharge of their duties, they must be tried by NJC first and dismissed before EFCC can investigate or prosecute them. The implication of this ruling is far reaching. It means that cases of Fishim, Ajumogobia will be thrown out by the trial court. The judiciary tactically used this judgme...

Dec112017 by Our EditorNo Comments

Full Text of Engr. Ogbeifun’s Address At Shipowners Dinner Night

Business, Maritime

OPENING ADDRESS BY MR. GREG OGBEIFUN PRESIDENT, SHIPOWNERS ASSOCIATION OF NIGERIA (SOAN) ON THE OCCASION OF THE ALL SHIPOWNERS WORKSHOP AND DINNER PROTOCOL- RECOGNITIONS The events at the recent International Maritime Organization (IMO) elections into Category C of the Council where Nigeria lost and actually came second to the last position underscores the importance and urgency of the theme of this end of year Workshop and Dinner “Giving a Critical Lifeline to the Nigerian Maritime Industry”. Our performance at that election has dealt a hard blow on our psyche as a maritime nation. The world has told us that our maritime domain is sick and almost moribund, that we are not a maritime nation that can be relied on for maritime trade, maritime security, maritime infrastructure or ...

Dec102017 by Our EditorNo Comments

$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 ...