November 2024 – Shipping World News Magazine

Nov202024 by Asu BeksNo Comments

The message from Tinubu’s men By Pius Mordi

News Feature

Aso Rock's media team is in overdrive. Not with a flurry of messages to acquaint Nigerians with the sterling accomplishments of their principal, President Bola Ahmed Tinubu. Apparently, they have no such story to tell. What has preoccupied the now expanded team is the scathing remarks attributed to Chief Olusegun Obasanjo, former President, in far away United States at a Chinua Achebe Leadership Forum. Obasanjo is not an inventor or social scientist to have said anything extraordinary. He said Nigeria is teetering on the brink of chaos, expressing "deep concern" over the country's worsening economic situation. He blamed it on leadership failure, stating that "the more the immorality and corruption of a nation, the more the nation sinks into chaos, insecurity, conflict, and underdevelopm...

Nov202024 by Asu BeksNo Comments

Cabotage Vessel Financing Fund Intact, says Dayo Mobereola

News Feature, Port News

Funds accrued under the Cabotage Vessel Financing Fund (CVFF) are intact and currently held with the Central Bank of Nigeria under the Single Treasury Account (TSA). This contrary to a misleading publication alleging that funds have disappeared from the CVFF account. The report of a missing money is both misleading and false. For the record, the Cabotage Vessel Financing Fund, securely held in the NIMASA account at the Central Bank of Nigeria (CBN), remains intact. There has been no disappearance of funds, and no illegal transactions, as the article suggests. This misinformation is a figment of the authors imagination, aimed at undermining NIMASA’s integrity, and mislead the public about the Agency's operations. The Management of NIMASA will ensure that the CVFF is utilised in line with...

Nov202024 by Asu BeksNo Comments

PORTNEWS SUMMIT 2024

Press Release

The maiden edition of PORTNEWS SUMMIT will come up on Wednesday, the 4th of December 2024 at Rockview Hotel, Apapa, Lagos. It is organised by PortNews Newspaper. The theme is Port Reforms and Local Content: Has Nigeria fared Well? The Summit is expected to pool a gathering of respected economists, ship moguls, respected maritime stakeholders, legal experts and longstanding maritime journalists. The occasion will be chaired by former Minister of lnterior, Captain Emmanuel lhenacho, while the Guest Speakers will be the renowned economist and a former Director General of Lagos Chambers of Commerce and industries, Dr Muda Yusuf and the well known maritime legal luminary, Olisa Agbakoba, SAN. Governor of Lagos State, Babajide Sanwo-Olu will be the Chief Host, and the Special Guest of ...

Nov162024 by Asu BeksNo Comments

Sen Douye Diri: A Governor’s obsession with the Blue Economy By Asu Beks.

News Feature

As a product of the Ijaw struggle, having served as one time Organizing Secretary of the Ijaw National Congress, INC , Governor Douye Diri's love for his people is legendary. In the last couple of months, he has taken the campaign against the environmental degradation of the oil rich Niger Delta and the seeming unbalance in allocation of her resources to local and global fora, thereby carving a niche for himself as the lone voice of the oppressed peoples of the Niger Delta. And having lost a large chunk of our resources to the Government at the centre, Governor Douye Diri has began the campaign to shift attention from the depreciating oil and gas sector ,to the new found gold; the marine and Blue Economy. He has told anyone who cares to listen that " the Resource of Bayelsa lay in the beds...

Nov142024 by Asu BeksNo Comments

DANGER !500 NIGERIAN CADETS STRANDED IN EUROPE, ASIA….AS NIMASA DEFAULTS IN PAYMENT OF TUITION FEES , UPKEEP ALLOWANCES FOR 8 MONTHS AND COUNTING

Maritime, News Feature

Officials of the Federal Ministry of Marine and Blue Economy are increasingly becoming apprehensive over the delay tactics being adopted by the Director General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, over the suspension of payment of tuition fees and upkeep allowances to no fewer than 500 Nigeria cadets in the Philippines, Greece and India, Shipping World Magazine has confirmed. This development is coming on the heels of a marching order from the Minister, Chief Adegboyega Oyetola, to the NIMASA helmsman to handle this issue expeditiously and save the country from a possible national disgrace. While there have been pockets of protests at the NlMASA Corporate headquarters this year by some of the affected cadets from Greece and Philippines, the fate...

Nov132024 by Asu BeksNo Comments

Nigeria seeks a Trump like bounce back to IMO Council as President Bola Tinubu Signs six IMO Instruments

Maritime, News Feature

As fate of more than 500 Cadets Stranded in Europe and Asia may Compound Nigeria's woes. Celebrations at the Federal Ministry of Marine and Blue Economy on Presidential accession for six Conventions of the International Maritime Organization (IMO) were shortlived as news filtered in of a mass action against Nigeria's bid. Usually dependable sources, confided in Shipping World that the three Countries ; India , Greece and Philippines, were NIMASA have abandoned over 500 cadets have formed a strong lobby group to frustrate Nigeria. Shipping World investigation had revealed that the current NIMASA administration since its inauguration have refused to meet the statutory needs of cadets such as tuition and monthly allowances.It is however believed that ratification of these conventions, Nigeria...

Nov132024 by Asu BeksNo Comments

IMO Category C Election: Oyetola inaugurates Inter-Ministerial Committee. …As Mobereola presents IMO instruments

Misc, Press Release

Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has called for a comprehensive action in Nigeria's bid to be elected into Category C of the International Maritime Organisation (IMO) Council, as he inaugurated an Inter-Ministerial Committee to promote the campaign. Speaking at the inauguration held at the Boardroom of the Federal Ministry of Marine and Blue Economy (FMMBE) in Abuja on Tuesday, Oyetola said the campaign must be all-inclusive, taking into consideration diplomatic and operational strategies in soliciting votes to yield good dividends. He explained that, having lost out three times between 2011 and 2019 after its successful stints in 1975, 2001, and 2005, Nigeria is due to return to the Council to cement its relevance as a strategic Maritime domain and a stron...

Nov122024 by Asu BeksNo Comments

President Tinubu to unveil Nigeria’s Marine and Blue Economy Legal and Policy Framework in December

Maritime, News Feature

After several months of uncertainty as to the policy direction and legal framework of the newly established Ministry of Marine and Blue Economy by President Bola Ahmed Tinubu last year, indications have emerged that the legal and policy framework of the new Ministry is now ready. This good news was made public Monday in Yenagoa , Bayelsa State by the Minister of Marine and Blue Economy, Chief Adegboyega Oyetola. Chief Oyetola who was speaking at the validation Session of the Policy Framework for the Bayelsa State Ministry of Marine and Blue Economy revealed that the document would be unveiled next month in Abuja by President Bola Tinubu. Oyetola explained that the new Ministry was created in response not only on the need to diversity the economy but an opportunity for Nigeria to harness...

Nov122024 by Asu BeksNo Comments

IMO CATEGORY “C” ELECTION: Oyetola to Inaugurate Committee Today despite Public Outcry …..

Maritime, News Feature

Marine and Blue Economy Minister, Chief Adegboyega Oyetola, will today in Abuja inaugurate a high powered ministerial committee as Nigeria pushes for a seat in the International Maritime Organization, IMO. The inauguration of the Committee is coming in the wake of calls by critical Stakeholders who have described the move as a waste of time and scarce resources. Although the terms of reference of the Committee was still skirchy as at press time, usually dependable sources at the Ministry of Marine and Blue Economy told our correspondent that the the Permanent Secretary in the Ministry, Mr Oloruntola Olufemi, would lead the Committee of "Wise Men" who have been given a marching order by President Bola Ahmed Tinubu to return Nigeria to Category " C" of the IMO .Other members of the Commit...

Nov102024 by Asu BeksNo Comments

Protect Your Integrity, Gov Diri Urges Media Practitioners *President Hails Journalists

News Feature, Press Release

Governor of Bayelsa State, Senator Douye Diri, has charged media practitioners to protect their integrity, saying it is not only the cornerstone of their profession but that it also builds trust with the public and fortifies the foundations of a healthy democracy. Senator Diri also said that the press as the fourth pillar of democracy had become more critical in serving as a beacon of hope and in promoting understanding and unity. The Bayelsa governor stated this on Thursday as host of the three-day 20th All Nigerian Editors Conference (ANEC) 2024 holding at the Chief DSP Alamieyeseigha Memorial Banquet Hall in Yenagoa, Bayelsa State. Describing the theme of the conference: "Economic Growth and Development Strategies in Resource-Rich Country,” as relevant and timely, the Bayelsa g...